It‘s amazing that many of us run or work within successful businesses backed by good ethics and a sound money management theory, but refuse to use these same techniques when it comes to sports betting money management. Would you bet 25 percent of your retirement fund on a single stock that had a 40 percent chance of going in the tank tomorrow? Would you invest in a real estate development under the same scenario? Nobody would do either of these propositions, yet many people are willing to bet 20 to 30 percent of their betting resources a single game. The books know that most of us lack discipline and that greed, sooner or later, will get the best of the gambler and that some early returns for the bettor will likely eventually swing to big profits for the bookmaker.
The sports betting industry is a major investment market for a limited number of successful traders. Alternative investment markets are a popular destination for investors with excess cash waiting for a decent return on investment. Most stocks are tied into the economic news with no parameters and direction. It is becoming more difficult for even savvy investors to time the bottom. They have to become much more selective. The sports betting market has been around a long time with some controversy in the earlier years. However, there is a vibrant market in today’s highly competitive sports arena. The regulated Nevada sports books have the monopoly on legalized sports betting.
Soccer truly is a global game. Unlike a sport like American football, any number of leagues from multiple countries might be pursuing the services of the same player soccer at the same time. A highly sought after soccer player could be purchased or “transferred” to any number of destinations, whereas the NFL is really the only competing force for top-end talent.
Mississippi became the fourth state in the United States to launch sports betting operations on August 1, 2018 when Gold Strike Casino Resort in Tunica Resorts and Beau Rivage in Biloxi started taking wagers.[35] On August 30, 2018, West Virginia became the fifth state to launch sports betting, with Hollywood Casino at Charles Town Races the first casino to offer sports betting.[36] New Mexico became the sixth state to offer sports betting on October 16, 2018 with the launch of sports betting at the Santa Ana Star Casino in Bernalillo.[37]
This comes down to a matter of which kind of websites you are trying to use. Arizona laws don’t specifically outlaw online sports wagering which is why many people feel safe in using that method. However, there are no online options provided by sportsbooks within the state and if you tried to use one that is being operated in another state you risk breaking federal laws. This is why the only way to access legal Arizona sports betting is to use online offshore sports gambling sites. Their sportsbooks are regulated and operated in countries outside the US. This means that Arizona state laws and federal laws have no jurisdiction over them and why they are a safe option.
If you’ve never heard of eSports, chances are you’re closer to your 40s than your teens. These are electronic sports, essentially competitive video gaming. Sportsbooks in Nevada recently got the OK to take bets on eSports, which are extremely popular with young people. They’re also lucrative. Top professional video gamers can make more than $1 million per year playing games such as League of Legends, Rocket League or Call of Duty (among hundreds).

As a solution I decided to create Sporita, my vision was to create an app that is easy to use and contains each and every possible piece of data from across all major football leagues and competitions. Our self learning algorithm predicts the outcome of football matches by combining a wide range of information such as formations and tactics, team and individual statistics, the coach factor, game day weather and much, much more.
Sports betting is extremely popular. The main cause is that you can be a master of your own destiny and thus do not have to rely on the chance only. So, what is the key to success in sportsbook? We will outline the basic mathematical strategy, which promises the chance of success in the long run. We also bring an automatic MS Excel Calculator that determines, whether and how much are the odds favorable or not.

All these competitions mean more to some teams than others, so before you start placing bets on Man City against a fifth division team in the FA Cup, be sure to check their lineup to see who is playing. For some teams, a FA Cup match may mean the world, but for a team like Man City who usually competes at the highest levels, it may hold much less significance.
Now while mainstream bookmakers have their critics, it's valuable to have accounts (if possible!) with at least three at any one time, even if they have restricted your action. Why? Well it's simply a matter of options. While bookmakers like Pinnacle consistently offer great odds on most sports and leagues, there will be times when the best prices can be found at bookmakers such as, William Hill, Ladbrokes and Luxbet. Popular bookmakers such as these will also offer more varied betting markets. Again, long term success is very much a matter of opportunity meeting options.
Even though most sports bettors are losers in their own right (as a whole, bettors actually win an average of only 48% of their bets – less than they would expect to win if they just flipped a coin for every game), their losses are compounded by the fact that the house takes a cut of winnings, also known as the ‘juice’ or ‘vig.’ Most sports books charge a 10% commission on wins, which means that a bettor must actually win 52.4% of his games just to break even. (Wagering $100 per game, a bettor loses $100 with a loss and wins $90.91 with a win, so he must go 11-10 (11/21 = 52.38%) to break even).
To make another basketball analogy, imagine if the Golden State Warriors played an NBA regular season game one day, then a few days later played a tournament game against a team from the American Professional Basketball League or NBA G League. This is under the fictional assumption that the G League was not affiliated with the NBA and that a tournament where every American team from any league could participate in existed.
“We couldn’t be more excited to work with one of the world’s largest gaming and entertainment companies,” said Renie Anderson, senior vice president, NFL partnerships, sponsorship and consumer products. “Combining the NFL with Caesars’ expertise in world-class entertainment will provide our fans unique experiences both here in the United States and abroad.”

Mississippi became the fourth state in the United States to launch sports betting operations on August 1, 2018 when Gold Strike Casino Resort in Tunica Resorts and Beau Rivage in Biloxi started taking wagers.[35] On August 30, 2018, West Virginia became the fifth state to launch sports betting, with Hollywood Casino at Charles Town Races the first casino to offer sports betting.[36] New Mexico became the sixth state to offer sports betting on October 16, 2018 with the launch of sports betting at the Santa Ana Star Casino in Bernalillo.[37]
If you’re a big fan of your local teams, it’s likely that you know them better than most other teams. There’s plenty of value with having a deep knowledge of specific teams. You’re simply going to have a much better bead on how teams you follow closely will play compared to others. Occasionally, this means betting on your favorite teams, other teams it means betting against them. There’s no room for personal bias or favoritism if you’re serious about making money betting on your favorite sports.

Undisputed No.1 bookmaker for Sharp Punters. They operate on unique business model with the lowest bookmaking margin, namely the best possible pricing to attract sharp punters rather than promotion such as bonus. It allows the highest concentration of sharp players to shape its line, which in turn shaped the rest of the sports betting market. The next Bookmaker.eu and Pinnacle are the most watched bookies by the whole industry including Las Vegas. High roller, professional punter, accepted, even sports arbitrage is officially promoted in the site. You will find more about this bookmaker in Pinnacle Sports Exclusive Review – True Voices of Insiders;
Along with professional gamblers, the show also features Seattle Seahawks quarterback Russell Wilson, sports broadcasting icon Brent Musburger, and comedian Cousin Sal. While some bettors and handicappers may not be pleased with publicizing some of the negative sides to sports wagering, producers are hoping viewers give the series a chance as they try to show a season from all angles.
Its very hard to win money in long term betting. I don't suggest you quit your day job to do this. There are people that do make money long term betting but I guarantee you that they are not hanging out right now on 2p2 reading this thread. Its VERY VERY hard. I honestly think it would be easier to become a surgeon than become a professional bettor.
Like every successful bettor, we’re looking for inefficiencies in betting markets which pop up regularly with the sheer volume of games being played day in day out. Niels, our model maker, first identifies value bets through his xG (expected goals model) then we move on to an in-depth look at some situational statistics plus team news. Once we feel confident that the odds are stacked in our favor, we pull the trigger
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