These recreational bettors account for the majority of people who bet on sports, but there are also plenty of people who bet primarily to make money. This doesn’t mean that they don’t still enjoy themselves, it’s just that their motivations are different. They generally put a lot more thought into the wagers that they make, and dedicate some time to researching and analyzing the various factors that can affect the outcome of games and events.
“All of us at Caesars Entertainment are thrilled to be the first-ever casino partner of the NFL, the most prominent sports league in North America,” said Mark Frissora, president and CEO of Caesars Entertainment. “Combining the league’s 180 million fans with our 55 million Total Rewards loyalty program members will expose millions of people to the exclusive and exciting year-round opportunities at our properties.”
How did the NBA top a seven-game series that featured, arguably, its top two players? By having the best player not in the series join forces with the loser. Cavalier fans finally got to enjoy a championship, but the joy was short-lived. Kevin Durant bolted Oklahoma City to team up with Stephen Curry and the rest of the Golden State ... Read More »
BIG GAME ALERT for TUESDAY: Prez sports a 12-5 (71%) NHL best bet (4%) run and has cashed four of his last six NHL Main Events. He has isolated a Tuesday night affair on the ice that gives one group of skaters a signficant edge over their conference foe. Join Prez in the rink Tuesday night with this MAIN EVENT 5% NHL GAME OF THE MONTH (12-5)... just $9.00 until Monday at midnight.
The professionals know how to look for the edge and only need to hit a minimum of 54% to make a modest return on investment. Making a 15% to 25% return for the year is very possible. The good ones are few but the results are quick and opportunities exist everyday when soft betting lines are found and exploited. The betting lines are made to divide the betting public. They ideally want even betting on both sides. Their number does come close about 70% of the time.
Together, college and pro basketball have historically been one of the biggest winners for sportsbooks in Nevada. According to UNLV Gaming, sportsbooks actually won more money in 2017 from basketball than any other sport. Last year college and pro basketball win for sportsbooks were $87,431,000 while football (college and pro) was $76,896,000. Basketball accounted for slightly more than 35% of the win for sportsbooks last year.
The last tip I have for you is to try and place your bets at the right time. With lines shifting from the time they are posted to the time the game starts, you will want to get your bet in at the time when you are getting the best price. Predicting line movements is extremely hard but it is worth looking into. Check out the video below that I made titled “When To Place Your Bets”.
The opposite side to that would be a player like Alphonso Davies, previously of the Vancouver Whitecaps in MLS. Davies is considered not only one of the best up-and-coming players in Canada, but also the world. That was no more evident than when he was purchased by one of the biggest clubs in the world (Bayern Munich) in Germany for over $20 million.
If you had $20,000 that you could comfortably afford to risk as your sports wagering bankroll and $3,295 went to pay for the all Football and all Basketball service, then you would have $16,705 left for wagering. As explained above the expected return on the combined Dr Bob Football and Basketball and NBA Guru Basketball services is +68.0% per year (using a less optimal flat betting approach), which would result in a return wagering profit of +$11,359 on the $16,705 initial bankroll. The overall profit, after factoring in the cost of the services, would be $8,064 (($16,705 x 0.68) – $3,295 = +$8,064), which is a very good 40.3% expected return on your $20,000. That percentage return is higher for higher bankrolls and lower for lower bankrolls since the cost of service becomes a smaller percentage of higher bankrolls and a higher percentage of smaller bankrolls. If you want to subscribe to the all Football and all Basketball package you would need a total of at least $4,846 to invest to expect a positive return after factoring in the cost of the service. The calculations above are based on expected results based on long term records and some years are better and some years are worse.
It's a widely known concept that the vast majority of sports bettors are going to lose money. The most popular concept is that 90-percent of sports gamblers will lose money over the course of the year, but that doesn't stop people from wagering on sports. When those bettors eventually go broke and cannot wager anymore, there's always somebody else waiting to take their place in line.
Croatia and France - the final which, I am confident, no one outside of those two countries could have possibly imagined. Both teams have very much done enough to deserve to be here, though, and they set up to be a great finish to what has been an unpredictable and shockingly good tournament. It has been a wild ride from a betting perspective with so many favorites looking so undeserving of the respect that they were given. Read More >>
“We are pleased to partner with MGM Resorts International, a clear industry leader in the sports gaming area, to work together on bringing innovative experiences to baseball fans and MGM customers,” MLB commissioner Robert Manfred Jr. said as part of Tuesday’s announcement. “Our partnership with MGM will help us navigate this evolving space responsibly and we look forward to fan engagement opportunities ahead.”
Perhaps you’ve heard of the Super Bowl? If not then you should know that it is one of the biggest annual betting events. American football is like a religion in North America. It hasn’t been as globally accepted as other sports but its popularity is growing. The NFL is the most well-known American football league there is but NCAA college football, the Canadian Football League, and a couple other smaller leagues have large followings and bookmakers take a lot of bets on them, so you will never run out of markets to bet. A fresh list of betting lines is usually up every Sunday night during football season and punters can’t wait to get their bets in.
This is a relatively new one for sports bettors to deal with, as many online sportsbooks now have casino-style gaming, which is too much for some sports bettors, including some very good sports bettors, to walk away from. It's not unheard of for a solid sports bettor to generally show a profit each week, but give that money back, plus a little extra, playing the casino games their sportsbooks offer.
Football is the most popular sport on Earth and bookmakers take an incredible number of bets on it every year. Almost all bookies offer 24-hour live soccer betting but some do a better job than others when it comes to giving punters the full package. The very best football betting sites post great odds on a huge variety of soccer markets and have regular promotions such as bore draw and other cashback bonuses. For example, if there is a football match being played anywhere then Paddy Power will certainly be offering all sorts of profitable betting opportunities on it. They also have their “2 Up – You Win” promotion that is specifically geared towards football bettors. If the team you bet on takes a two-goal lead at any point in the game then you automatically win. What a great deal for football fans!!
The ICC shares anti-corruption jurisdiction with national cricket federations, all of which have anti-corruption rules substantially identical to those of the ICC. The ICC has elaborate mechanisms for determining whether it or a national federation will take action under the relevant anti-corruption code. In general, the ICC has either exclusive or priority jurisdiction over international matches, while national federations have responsibility for actions relating only to domestic matches.
All gambling is mathematics, even games of chance. If you understand the math behind the game, you understand the game and can give yourself an advantage. For many games, like penny slots or poorly placed roulette bets, are so bad that smart bettors earn their advantage by avoiding them altogether. In sports betting, the math is more complicated. Depending on your favorite sport, you may need to think about things like bye weeks, underdogs, quarterback ratings, and injuries with the same fervor other connoisseurs reserve for fancy winces.
There are 68 teams that participate in March Madness, and there’s a whole lot of betting that includes bracket betting, standard bets, in-play betting, and lots of props. We’ve included the schedule, which starts with Selection Sunday on March 11 and end with the final game on April 2. That just so happens to be right around the same time the MLB tosses out its opening day pitches.
The rule against gambling in baseball is known as "Rule 21," which is publicly posted on dugout walls and states: "Any player, umpire, or club or league official or employee, who shall bet any sum whatsoever on any baseball game in connection with which the bettor has a duty to perform shall be declared permanently ineligible." People permanently banned from Major League Baseball are also forever banned from entry into the Baseball Hall of Fame, although most such people have been reinstated a few years later by a later Commissioner of Baseball. For instance, Mickey Mantle and Willie Mays were both banned from baseball in 1983 after taking jobs as casino greeters (which would have expelled them from the Hall of Fame had it been allowed to stand); they were reinstated two years later. Only Rose has yet to be reinstated.
As a hobby or something you do just because you like sports and think you can pick winners because you always tell your friends who will win that day, no definitely not worth it as a money-making opportunity or some type of money-management plan to grow your initial investment. But I guess it could be worth it as a fun thing to do and make games a little more interesting. But only like this with small enough bets that losing the money isn’t important. Some will say that throwing away money is always stupid, but giving up $5, $10 or even $100 for some is really no concern. As long as you aren’t cutting into rent or mortgage payments, food budget or just getting by every month due to betting I don’t see why it couldn’t just be for fun if that’s what you want to do.
Each better must know his limits and choose the sport, competition and region accordingly. Information is vital – the more you know about the sport, the better for you. The information sources are the Internet, watching TV, participation on the matches etc. Betting according to the actual ranking such as "the third team plays the one but last team" is certainly insufficient.
Watching some of the fastest cars on the planet lap around a race course can make your head spin and so can the number of bookmakers that offer Formula One racing betting. When you want to bet on this exciting sport it is important to get the best prices, betting options and bonuses so that your victory laps will be that much sweeter when you win. Gamblingjudge.com is here to help you find the best Formula One betting site to suit your needs. It doesn’t matter if you are a small-time recreational gambler or big bettor; the right bookie is waiting for your F-1 action. There are lots of reputable bookmakers offering mobile betting, in-race betting, live streaming, and plenty of bonuses that are specifically designed for Formula One betting fanatics. Money back bets if your driver fails to finish the race, money back second place, and enhanced odds can be great advantages if F1 is your favourite sport to bet on.
Finding that specialty is easier than it is with other sports as well. Being a relatively new area of sports betting, esports books are often only marginally better, if not worse, than the smart bettor at calculating the odds for events. Gaining this strategic edge gives you the power you need to find the most valuable bets among the sportsbooks who might have less of a grasp of the odds when it comes to esports.
It wasn’t that long ago that the popular and mainstream sports were all we could bet on. Finding a bookmaker willing to take wagers on the “minor” sports was nearly impossible. This is no longer the case though, as these days we can bet on virtually any sport that’s played professionally: even the most obscure ones. Although these don’t offer the same advantages that we’ve outlined above, one big advantage they have is that the bookmakers don’t give them the same level of attention.
The announcement comes in the wake of the May Supreme Court ruling that overturned the Professional and Amateur Sports Protection Act (PASPA), the law that prevented states from regulating sports wagering. The NCAA fiercely opposed New Jersey�s efforts to legalize betting while PASPA was in effect, and remains concerned about how the betting industry could impact sports at the college level.
Those that want to bet on baseball throughout the year will be thrilled to know that the Australian Baseball League runs from November through February and it is available for betting at some online sportsbooks such as Betfair. You can also catch the live streaming ABL action and place in-play wagers at 888. That means that punters can get enough baseball bets almost all year round. Even better is the fact that so many bookies hit it out of the park with a large selection of baseball bonuses and promotions such as reduced juice and money back bets.
While neighboring states have sportsbooks located within their borders, Arizona has yet to receive that luxury. But, you can technically place a sports wager anywhere in the state as long as you are doing so through an online offshore sportsbook. There are a plethora of options on the internet, but there are four specifically that we recommend. Those four are Bovada, 5Dimes, BetOnline, and of course SportsBetting. These sites have been tested and proven to accept and deliver payouts to AZ residents. They each also offer the same odds you could find in a Vegas casino, right from your desktop or mobile device.
One of our GEM members turned $1,500 into $20,000 in 2 years via ZCode System, which was not luck at all, but based on strict disciplined & strategy. He now earns average $3,000 / month from his betting bank, which pays all his daily expense including mortgage (I’m not sure if he quit his daily job). Strongly suggest take a look at ZCode Success Formula – Key Differences Between Winners & Losers, where you will find another model (very safe approach) of starting Value Betting at ZCode System.
On the flip side, I bet sports as basically a second income. I am very thankful to have a job in engineering that affords me the opportunity to bet enough to accomplish this and leaves me a safety net to lose what I put in and be okay. Just an example is for college football season this year (2018), I put in $10,000 for the regular season. I can do what I want within the season with that but will not buy back in. I also will never exceed $10,000 in bets at one time. My account will always be viewed as having $10,000 during this season because I never want to bet more because I have won and have profits. That is a common problem for gamblers and it really is difficult to avoid the thought of well I can make so much more if I bet this much more. It is 100% true that money management is the most important aspect of sports betting. If you can’t do this well, you may get into serious financial trouble at worst, and less important but still relevant, you will not be able to beat the sports books constantly or over time without understanding which bets make sense by realizing how much to bet, which lines to bet and which matchups offer the highest win and payout percentages. Most hobby betters bet based on how much they can win in a bet, a handicapper or shark bets where they are getting the best odds for their money. Maybe they don’t even believe in the team to win, but if the value makes sense, they will wager on it because it makes sense financially. So an example is you have $2000 and want to bet on at most two games. The average person would tend to bet on as many outcomes as possible but in this case would take two teams and we will say standard line of -110. What has happened is that you have really damaged your chance of making a profit on this bet. This is due to beginning each matchup with a basic, implied odds of 52.38% which means you have this % chance to win one game. This comes from the line of -110 (if it was -100 or even odds, you would have a 50% chance to win) which converts to 1.91 decimal odds. You divide 1 (one bet) by the decimal % (1/1.91) and get 52.38%. So on two games, at -110, you will have 13/5 fractional odds (just an example here) to win or 2.6 decimal odds so you should divide 1 by 2.6 which gives you 38.46% implied odds to win both bets. What would the bets pay out? Win one at $1000 with -110 (1.91 decimal odds so 1.91*1000=payout) and you get $909.09 profit from the win and a total back of $1909.09 with your bet amount returned. So maybe you can see why 2 bets wouldn’t be a great investment. If not, here’s why. Say you win just 1 of the two matchups, you get the payout of $1909.09 so you have lost money on your bets for the day. And with only a 38% chance to win (usually will be a little less maybe a little more depending on the odds and line) both bets and taking $1818.18 in profits, you are not going to beat those percentages over time which is the only thing that matters to a professional bettor. Putting all of your money on one outcome offers the best chance to win and the same payout amount so obviously you are getting a better return on your money and will have a better chance to walk away with a profit at season’s end. So this is a very simplistic example and doesn’t take into account lines or the options of taking the points for an underdog with a decent positive moneyline. Just a rule to state here: never bet more than you can afford to lose or care about losing.
The 2nd concern is 57% winning rate. Is it something everybody can achieve? The video assumes we get 100% winning amount of our original bet amount when we win (namely 2.0 decimal odds). However, that’s the return we can expect under the magic break-even rate of 52.4%, therefore we have to achieve nearly 9% better (57% / 52.4) winning rate than the probability of outcome the actual odds at bookmaker suggests.
In order to beat the juice and win in sports betting, a bettor must employ a disciplined approach in their analysis of each game using methods that have proven to be successful in the long run. I discuss my math models and analytical metrics in my Handicapping Methods essay, but you must realize that only the best and most knowledgeable handicappers can win more than 52.4% of their games. In their 2007 two page article about my handicapping success, the Wall Street Journal wrote, “…fewer than 100 people can sustain (win rates of 55%) over time. Most of them belong to professional betting syndicates that hire teams of statisticians, wager millions every week and keep their operations secret.”
For once I am very happy about how a round turned out from a betting perspective at this edition of the World Cup. Sweden wasn't up to the task of facing England, and Belgium came through with the milder-than-the public-perceived upset at the big price, so we wound up with a nice profit. Even the other two games didn't bother me too much even though they both ended up as losses. Croatia won as I hoped, but it just took them too long to do it. And Uruguay just didn't show up against France, which happens in soccer frustratingly often. Read More >>