Posts Tagged ‘Betting’

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9 Ways To Win At Sports Betting

Friday, October 2nd, 2009

If you are looking to try your luck at sports betting then know that you do have greater odds of winning in this game than you would in roulette or craps. While those are games of chance, sports betting is a game of predicting a foreseeable outcome. Here are some tips on how to win big at the big game.

9.Place Bets on the Right Sports Book
Statistics suggest that placing bets with the correct sports book will make a big difference, and increase the odds of winning by 3%.

8.Bet Against the Public
There are some that claim that “fading the public” can be profitable. This has led many bettors to bet on the other team than is predicted.

7.Do Your Homework Before the Game
The best way to win sports betting is to research all aspects of a game, especially circumstances and data that others would not consider. Not even bookies will have time to research every sport and every game. Therefore, if you can create a niche for yourself, you could become an expert on a smaller conferences and find yourself winning big money.

6.Choose the Underdog at Home
Statistically speaking, it’s a good idea to bet on an underdog at home. A team will put forth their best effort at home stadium and underdogs have a way of triumphing over the odds in general. Using this strategy you may beat the odds too.

5.Bet at Just the Right Time
Bettors who bet on underdogs usually bet early. Therefore, if you are betting on an underdog try and bet late. If you are betting on the favorite then bet early. Going against the grain in sports gambling is often a smart move.

4.Make Arbitrage Bets
You can make money on sure bets regardless of the outcome of a game with arbitrage bets. The advantage of these bets is that it doesn’t matter what the outcome of a game is, since the only bet you made was on a specific happening.

3.Square or Sucker Lines
Many betters try to stay away from square lines (that is, lines that are designed to lure public opinion into betting a certain way) and in the end, can even make money off these phony wagers if they can closely monitor the betting percentages.

2.Never Gamble While Drinking
This may be common knowledge to some, a great shock to others. However, when you drink an alcoholic beverage, your judgment will be significantly clouded. A drink may also give you that extra “courage” to make a rash and expensive decision.

1.Manage your Gambling Money
Another lesson in common sense that is often ignored when it comes time to put down a wager: never bet more than you can afford to lose. In fact, it is recommended that you set aside a portion of your money for betting and to stick with it, regardless of your winnings or losses. Lastly, try to spread your total among a few smaller bets rather than risk it all on one sure thing that may not be as predictable as everyone thinks.

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Online Sportsbook Smarts

Thursday, August 13th, 2009

Far too many people are extremely casual when it comes to betting online. Do you gamble online? There’s a common and false thinking pattern that’s emerged. Many people believe that if a website looks respectable then it must be ok. This is a recipe for disaster. Many crooks abound on the Internet and online gambling is the playground of choice for a large number of scam artists.

Are online sportsbooks safe and secure? The short answer is yes and no. There are a good deal of online sportsbooks that are indeed completely legitimate, but there are also many that will suck your money right out of your pocket. So how does one ensure safety? Being smart is the first line of defense. I am going to share with you three quick tips to help reduce the likelihood of being ripped off.

The first of the three steps is deposit methods and amounts. Any reputable sports book will offer a wide variety of depositing methods. Most importantly, they will take deposits from third party services, like NETeller, and in almost any amount. Stay away from places that force you to deposit large amounts of money. A good sportsbook will take very small deposits—perhaps as little as $5.

The second of the three steps involves checking references out. This can be a bit tricky, but it’s well worth your time. Any sportsbook, even a criminal one, can provide stellar customer service. What you want to find out is their payout service. Do they payout fast? Are they nasty? It’s important to find references from those that have won a good deal of money. Even scam sportsbooks pay. The idea is to pay many little guys to get the word out and then strip the big fishes of the money that’s due them.

This step can be carried out by visiting your local search engine and typing in the name of the place in question. Try adding words like forum, talk, chat, scam, ripoff and so forth to the name and url in the search box to see what comes up. I recommend trying at least two different search engines. Don’t settle for the first thing you see. Many scam sportsbooks post positive comments around the Internet.

Finally, the last step is licensing. Never play at any gambling destination that’s not licensed. Furthermore, you want to double-check the license. Don’t just assume they are licensed, because they say so on their website. Spend a little time doing some homework on them. Again, the search engines can be a big help.

If you follow these steps well, you will greatly eliminate your chances of being ripped off by a rogue sportsbook. Don’t assume that being ripped off only happens to other people. It happens all day long, and it probably will happen to you if you are not careful when selecting a new online sportsbook. However, don’t let fear keep you from playing. Online sportsbooks provide an unmatched convenience. Unlike sportsbooks in Las Vegas, online sportsbooks usually give you money for simply playing.

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Sports Betting 101

Friday, August 7th, 2009

Betting on sports is perhaps as old as the various games themselves. Millions of people have made huge money out of betting on sports. Possibly no game is left virgin of betting. All games have bookies and wages attached to them. Alike is the case with the countries across the globe. Betting is becoming a universal phenomenon nowadays. The difference however lies in the fact that some countries have accepted betting and so have legalized it while others still consider it illicit. For instance betting is taken to be legal nearly in entire Europe whereas Nevada is the only place in United States of America where wagering is deemed to be lawful. But the geographical scenario does not bring much variation in the terms and conditions or the rules and style of betting. The betting policies for a particular game for example cricket remain approximately the same around the world.

But what differs with the place or country is the sport and the amount of bets placed on it. Like people in Asian countries are leaders in betting on cricket. Cricket is the favorite sport in the Asian subcontinent. But in Europe and America games like horse racing, basketball, hockey, soccer and football etc. receive topmost priority. Thus that sport is wagered the most, which is relished, by maximum number of people.

Australia is one of the best places in the world to enjoy betting. This is because betting is legal in Australia and there are ample of sports that are cherished by the Aussies. Australian Football and Rugby are the two eminent names in this category. Lots of good information and even betting guidelines or tips about these games and many others like tennis are available on the Internet due to the legality of sports betting in Australia.

Ireland is the land that gives birth to the most of the English sports action. Irish football and Hurling are unique English sports. Rugby, cricket, golf and tennis are other English sports that invite lot many bookmakers and so bets. The English Premier League or one can say the English Soccer involves tremendous wagering in Europe. Darts are also famous among the English. Many people love betting on the not so common game of Darts. But this isn’t all. Punters never leave The National Leagues, the National and International Cups, the Motor Sports like Formula F1 Racing, the IRL or the Indy Racing League and the NASCAR i.e. the National Association of Speedy Cars and Rednecks, involves million dollar wages or even more every year.

Human beings have always made good business through animals. Along with the horse racing the racing of animals like camels, pigs, ponies and dogs invite great amount of betting in Europe as well as on the land of America.

While betting on any game what should be followed is your knowledge of the game and what your intuition or common sense says. A bettor should be pretty clear and confident over the option of his bet. If an individual is making a bet for the first time, don’t bet big. It can lead to unexpected snags. Remember, it takes time to learn and develop betting skills.

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Horse Racing Betting System – Designing a Simple System

Friday, July 31st, 2009

Putting together a system is not as difficult as it may sound, even for a beginner. The important thing, and with any betting, is that you write down every rule and follow it for at least 100 bets. You do not need to trade real money, paper trading is best at first. If after 100 bets it is in profit, you can then give it a betting bank and start gambling.

Starting an untested system with real money, and packing it in on its first losing run, putting it down as failed, will only cost you more and more money in the long term. Being patient saves you money.

So let us get down to starting a system eh? I’ll show you below how simple they are to put together, this example is profitable, so no reason why you can not follow it with a betting bank, but its yearly profits are not huge, but have a go at your own, always making sure that you understand way a rule works.

The system below is designed for National Hunt racing.

‘The NH High SR Non-Handicap Fav System’

Rule 1: Non-Handicap races only.
This ensures that we do not include handicap races, which are more difficult to get profitable systems out of. Although when you do they are more profitable than non-handicap races.

Rule 2: Forecast Favourite only (if joint VOID bet)
Just to make sure we have one clear qualifier for our non-handicap race.

Rule 3: Forecast price must be odds on.
I know that the lower the odds the more likely it is to win, although the lower the odds the smaller the profit for a new bank.

The first 3 rules of any systems I quantify as the main system rules, they ensure we have the main set of qualifiers we are looking for. Those rules after, I regard as filters to take out any facts I know are not profitable long term.

Rule 4: Horse age must be 6+
This is because in the UK, horses are not generally full wound up for jumping until they are at least 6, so those of a lower age have erratic results that do not prove profitable, so no use including them.

Rule 5: Horse must have finished 2nd or worse on its last run.
Horses that won last time out usually go off at lower odds than they should, so an edge is taken away.

Rule 6: Must be a gelding.
Geldings win the majority of races over fences, and are generally have the most consistent and reliable form.

Rule 7: Going must be Good-Soft or better.
Any softer than this and results can get a bit random.

That is it. Over the last 10 years it has produced a 48pt profit even at those low odds, and a 63% SR overall. It has had 3 losing years in that period, the worst being 5pts, but using the betting exchange prices, they would also have shown a profit.. There are around 100 bets per year.

So you can see by this example, it does not profit every year, but long term it still shows a profit, and it is long term that any professional gambler will tell you is the only time span that matters.

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Good Roulette Strategy

Friday, July 24th, 2009

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Roulette is the exciting game of chance that has been the setting of countless tense movie scenes as suave men and sexy women make or lose a fortune at the spin of a wheel. While there is no way to gain an advantage or even alter the odds a the roulette table if you place your bets with a strategy that takes statistics into consideration you will get the most out of your time at the table.

The trick to betting in roulette is to understand how much each bet is worth if you win, but at the same time being able to continue betting if you lose. There is no point in putting everything on one number because unless you are very lucky you will be out of pocket on one spin of the wheel.

The simplest bets to place are the outside bets. These are the bets on either red or black, odds or even, high(1-18) or low (19-36). These bets pay even money and have the advantage that you can stretch your bankroll for quite a while by placing minimum bets. One method or betting on the outside blocks is to use the Martingale method. This method works by placing a bet on one of the outside bets. If you lose, you double up and place the same bet again and continue doubling until you win. When you eventually win you will get all of your previous bets back plus one bet. However, there is a catch. Most tables have a maximum bet and if you lose too many times in a row your doubled up bet will pass the maximum. Although this method doesn’t ‘beat the system’ it is a good way of staying in the game for a while and if you do have luck you will make some winnings. You can also play two sets of Martingale bets in parallel, for instance one on red or black and one on odds or even.

Group bets cover the numbers from 1-12, 13-24, or 25-36. Similarly, column bets cover all the numbers in one of the three columns that go the length of the table. Both these kind of bets pay 2:1. You can use the Martingale method on these bets as well. Although your chances of winning are less you are making a corresponding increase in your winnings.

Another fun betting method is to just place one bet on the same number for each spin of the wheel. If your number comes up before you have placed 36 bets then you will make a profit.

Famous physicist Albert Einstein said that the only way to win money at roulette is by stealing it when the croupier isn’t looking. Nonetheless, understanding the betting system will help you put your cash in the right place at the right time, and have a lot of fun along the way.

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