When it comes to the Casino games, there is House Edge you can’t mathematically overcome. It’s the margin casino build in all through the games, and as long as the house edge exists the EV is negative. The % of the house edge depends on the game. According to The Wizard of Odds, it ranges between the lowest o.3% of Blackjack and 25% of Keno. The American Roulette is 5.6%, means if you stake $100 on Roulette you will lose average $5.6. Don’t misunderstand, always Variance comes in, thus you are not necessary to lose $5.6 every time when you bet $100 but the more you bet the closer to this number the loss will be. Say, if you stake $10,000 x 1 or $5,000 x 2, you may make a lot or lose everything, this is due to Variance. However you play $100 x 100 or $10 x 1,000 times, then you will quite likely to lose $560. That’s how mathematics of EV works.
Money Management is as critical to a sports investor as picking winners. I have devoted many hours of careful analysis and math to optimal money management systems, which I have painstakingly outlined in my Money Management articles. Sports betting is more high risk (higher volatility and standard deviation of return) than stocks, but also results in a higher return if you follow a proven long term winning handicapper (of which there are very few).
On December 7, 1980 the San Francisco 49ers overcame a halftime deficit of 28 points in what became the greatest regular season comeback victory in NFL regular season history. By the beginning of the third quarter, notorious Vegas bookmaker Frank Rosenthal received forfeiture notices from 246 San Francisco bettors totaling more than $25,000 in premature winnings. Rosenthal was able to retain these winnings despite the final outcome of the game due to gambling regulations previously established by the NAGRA.
Which one has the best odds, provides the most comprehensive coverage, and gives you widest range of betting options? Which bookmaker has the best bonuses and promotions for you? Which site gives you the most payment options, fast withdrawals, and suitable betting limits for this sport? The answer isn’t as clear-cut as you might expect. Sure, there are a lot of excellent bookies out there that offer most of the aforementioned features for most sports but punters really need to add another crucial factor into the equation. “What sport am I passionate about?” Once you have answered that then you can proceed to find out where you can get the best odds, most betting opportunities for that particular sport, and relevant bonuses and promotions as well as all the other bells and whistles.
On our Picks page, you’ll notice dollar signs, ATS, To Win and Total O/U. These are all betting terms that you should familiarize yourself with in order to make strategic picks. Under the Last 100 heading, you’ll see the records for the last 100 games played in the Premier League. The table also features the amount of money won (or lost) based on the opening and closing lines, ATS and Total O/U. It may seem like gibberish but don’t worry, we’ll explain each term below.