Spread betting are wagers that are made against the spread. The spread, or line, is a number assigned by the bookmakers which handicaps one team and favors another when two teams play each other and one is perceived as being more likely to win. The favorite "takes" points from the final score and the underdog "gives" points. This number can also be in increments of half-a-point (.5) even though very few sports have .5 point scoring (i.e., The Ryder Cup)
There is a poker game you compete with machine called video poker. It could be a part of casino games though, interestingly just a handful of video poker that is Full Pay Deuce Wild Poker gives Player Edge 0.77%. Means you have the edge and you will make 0.77% profit average in long-term, the Positive EV. When you talk about the Poker Competition, it’s purely Skill based and this is the category where you can create Positive EV as long as you follow the mathematical logic. The below video from splitsuit.poker shows the EV concept application to Poker;
You don’t need physical toughness but need strong mental discipline. Allow me to remind you of the importance of the “Character” we talked first. The real critical thing is Know Yourself and fostering the proper “Character”. As proven by numbers, you need only 57% win rate. Means you are allowed to loose 43%. However loosing in nearly half of betting can be quite tough experiences for some people, and feel intolerable. Pinnacle writer describes it Patience (as explained before Pinnacle is a must bookmaker for professional punters, so again strongly suggest see our Pinnacle full review). Thus quitting or do aggressive betting to recover loss quickly. That’s why we keep stressing that you should Know Your Level of Tolerance and develop proper “Character” to control the basic 1. – 4. points defined at the beginning. You need Character to ignore variance but focus on the long-term profit by believing mathematical advantage expressed in +EV.
DOC'S SPORTS is bringing in the same soccer handicapper that released plays in the 2014 World Cup and the 2016 Euro Championship. Doc's showed a massive profit in the 2016 Euros, banking over +$5,000 in the one-month tournament while going 8-1 on top plays. They expect similar production at this summer's biggest sporting event and you don't want be left out of this winning.
You plan on betting on 160 games during your investment period. You dream of a 55% winning record because your win-loss with a 55% winning record would give you an 88-72 record. That’s an expected profit of +8.8 units. How did we get to that number? To calculate your units, subtract the total of your losses (multiplied by 1.1 to include the vig) from your wins and you’ll get your unit profit.
As you noticed, in the Gambling / Investment Spectrum, I place Sports Arbitrage in the same position of matched betting. The risk free mechanism of matched betting which is covering all the outcomes by back& lay comes from arbitraging. However, sports arbitrage doesn’t use bookmakers’ bonuses but making the best use of inefficiencies in the market including the bookmakers’ mistakes or slow adjustment of the odds etc. Theoretically it’s No Risk and one of the most powerful & famous advantage plays. Given the extremely short life of the arbing opportunity in the market, nowadays it’s almost impossible to make it manually. You will definitely need very sophisticated software to make decent profit. So far, the industry number one software is Rebel Betting. You will find more about it in Rebel Betting Full review – The Truth about World Best Sports Arbitrage Software;So, can we live off Sports Arbitrage? There is 1 famous arbitrager in UK. His name is Mr. Alan Seymour. Alan started Sports Arbitrage in 2002 and published his quarterly trading account in his blog up to the end 2015. That’s one way to answer the standard question of how much do professional sports bettors make? See the below image;He raised his trading capital up to £75,000 and achieved around £25,000 quarterly net profit. Means £100, 000 / year. Obviously it’s more than enough income for ordinary people to manage their life. I used to communicate with him a few years ago. Although I could not get clear answer how he had been been able to get around without being gubbed by most of the bookies, I didn’t get the impression that he exaggerated his trading figures. Currently, his site seems to be dormant and his e-mail address of alan.seymour(atmark)sportsarbitragereview.co.uk doesn’t work, so looks his arbitrage trading is no longer active. But 14 years of lucrative trading from 2002 up to 2015 is absolutely stunning. However, again, I can’t conclude if Sports Arbitrage is the method allowing you to make ends meet with just this example. One sure thing is bookies are so sensitive about arbers and they usually gub arbitragers earlier than matched bettors. Having said, I would personally not suggest go full time of it.
These decisions will be easy to make for those who are sports fans first and bettors second. They usually choose to simply wager on all of the sports that they already follow and like to watch. This approach is entirely logical really, as those are the sports that they know and understand best. They’re more likely to enjoy betting on those sports, and their knowledge of those sports will give them a better of chance of winning money.
Transaction costs might shrink, Moskowitz says, if online betting volumes rise and bookmakers increasingly compete. A company dedicated to that proposition is London-listed Paddy Power Betfair (ticker: PPB.UK), whose websites, like Paddy Power and Betfair, processed over $15 billion in sports wagers in 2017. Since we are a stock market publication, we should note that at 8,435 pence ($111.59) a share, Paddy Power Betfair goes for over 20-times this year’s earnings estimate and 14-times cash flow. Revenue grew 13% in 2017, with about half of its revenue from online betting in Britain and Ireland, and about 20% from Australia and on-the-ground casinos. The U.S. is just 6% of revenue, but is growing fast.
Basketball has strong roots on the east coast and the NBA is one of the most popular professional sports leagues in America. All basketball (including college hoops) is second to the NFL in handle in Nevada sports betting. While the two states may not be apples to apples, the potential for basketball betting revenue in New Jersey can’t be overlooked.
MyBookie.ag is the top sportsbooks online. They have plenty of advantages over their competitors starting with a Welcome Bonus of 50% Up To $1,000. The number of betting markets provided is so vast that MyBookie is the betting site that you can “truly bet on anything.” They offer free credit and debit card deposits. Deposits and withdrawals are also fast and free of charge if you’re using cryptocurrencies.
If you are a fan of sports betting you will LOVE Las Vegas. Being the only state in the union that allows legal betting on all of the major individual sports leagues and events, Las Vegas draws thousands of sports bettors year round. Almost all Las Vegas casinos feature a sportsbook and a number of big screen TVs which creates a great sports betting environment.
Other popular sports for betting that are NOT on this list include baseball, darts, rugby and horse racing. We didn’t include baseball because that doesn’t get a lot of betting attention outside of the United States. Darts doesn’t get much attention outside of the United Kingdom, and rugby is only popular in a few countries. Horse racing DOES get worldwide attention, but horse racing betting is typically categorized as its own unique form of gambling.
Ray’s background in engineering, along with his meticulous nature and fascination with numbers, parlay into his ability to analyze data; keep records; notice emerging trends; and find new handicapping angles and figures. While specializing in thoroughbred racing, Ray also handicaps harness racing, Quarter Horse racing, baseball, football, hockey, and has been rumored to have calculated the speed and pace ratings on two squirrels running through his backyard.

Most people who want to place bets on sports are fans to begin with. It isn’t unheard of for a gambler to place some sports bets, especially during big games like the Super Bowl or the NCAA basketball Final Four, but for the most part, sports bettors are sports fans looking to use their knowledge of a game or of a game’s players to earn a little extra cash. Being a fan of a particular sport, a team, a college or professional squad—these are all precursors to placing sports bet. Sports betting is also a way for a fan to get in on the action of the game, with something more than self-respect at stake.


That 60% betting record (with the odds of -110 that is traditional for against the spread bets in football) will leave you with a profit of $160. Think about it—your $600 profit from your 6 winning bets minus the $440 you lost on losing bets leaves $160. It took you $1,100 to win $160, meaning you have to bet $6.87 to win $1 on average. So you see the small differences between a 52.4% winning rate and a 60% winning rate—inside those 7.3 percentage points lies hundreds of dollars in profit.
Believe it or not, some people really do bet on sports for a living. Maybe they work part time at a sportsbook or in some other marginal job in the casino industry, but there is a group of gamblers who bet on sports for their life’s work. With all the math swirling around in our heads after the last bit of the article, it’s hard to imagine anyone wanting to do this for a living.
The team points out that this kind of practice could be illegal. “Advertising goods or services with intent not to sell them as advertised, or advertising goods or services with no intent to supply reasonably expectable demand but with the intention to lure the client to buy another product (a practice often called ‘bait’ or ‘bait and switch’ advertising), is considered false advertising and carries pecuniary penalties in the U.K., Australia, and the United States of America,” say the team.
So what is the best theory on money management? There are several methods that have proven successful by many professional gamblers. In speaking to most of these individuals, discipline being the main ingredient. I personally believe that one should never bet more than 20 percent of their season bankroll on any given week. An example would be if a gambler starts with a seasonal bankroll of $5,000.  Thus, they will have $1000 (20 percent of your bankroll) to bet with on opening week. If we were to release eight football picks on the first week it would look like this:
You plan on betting on 160 games during your investment period. You dream of a 55% winning record because your win-loss with a 55% winning record would give you an 88-72 record. That’s an expected profit of +8.8 units. How did we get to that number? To calculate your units, subtract the total of your losses (multiplied by 1.1 to include the vig) from your wins and you’ll get your unit profit.

This is a Free NBA play on the LA Clippers. A week ago the Boston Celtics were in Houston, losing by a score of 115-104 to the Rockets. It marked a seventh loss in a 10 game span, and Kyrie Irving wasn't exactly complimentary of his teammates after the game. “We just weren’t covering up for one another consistently enough,” Irving said. “That’s really what it comes down to.” So now just seven days later, the Celtics are coming off three straight wins. As impressive as it was to beat the Warriors at Oracle Arena, you could say that proves they are as good as Phoenix, as the Suns won in Oakland on Sunday. They followed that up with wins over the Kings and the Lakers. Now they've had two nights off in LA, and they play the Clippers on Monday in the final game of this road trip. This looks like a trouble spot for a team that might still have plenty of issues. The Clippers might not have a BIG3, in fact they don't even have one real superstar player. They do have a solid team though and they are on the verge of clinching a playoff spot in the West. LA has won seven of their last nine overall, and they are 5-1 ATS in their last six versus the Celtics. Take LAC. GL, 

Filling out a bracket is just one way to bet on the outcome of the French Open grand slam but online tennis betting offers plenty of more options, including betting on each tennis match outcome, lots of futures and proposition bets. Don’t miss reading our guide on how to bet on tennis online. Keep in mind that betting online is perfectly legal under U.S. federal law. Signing up at an online betting site to bet on the 2019 French Open grand slam will also net you a generous welcome signup deposit bonus from our trusted betting sites.
The 2018 World Cup is one of the most anticipated events of the year. It takes place in Russia from June 14th through July 15th. The final match of the tournament will take place at Luzhniki Stadium in Moscow. The United States will not be participating in 2018 World Cup as they failed to qualify for the tournament. Germany won the 2014 World Cup (4th time) and they are one of the favorite to win it in 2018 along with Brazil, France, & Spain. Doc's Sports, Robert Ferringo, Raphael Esparza, Strike Point Sports, Scott Spreitzer and Indian Cowboy will release daily selections from the 2018 World Cup.

There aren’t too many places where horse racing isn’t popular and doesn’t have enough liquidity for accepting bets and stakes. This sport has many showcase events such as the Triple Crown, Grand National, and the Melbourne Cup. The race tracks are always filled with spectators and millions of eyes are glued to television sets and live horse racing streams during these major events. Needless to say, the bookies love this and are eager for you to bet on this sport. Chances are there is a horse race happening right now. Punters can get in on the action almost any time of day all year round and the best horse racing betting sites are ready to greet you with everything you will need. Easy deposits and withdrawals, competitive odds, high betting limits, and live streaming are a few of the things that make the sports of kings more enjoyable. Let’s not forget about all those horse racing bonuses and promotions that are so easy to find. Money back 2nd or 3rd, free bets, and many other types of promotions give punters the edge they need to come out ahead when picking out their sport.
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.
Unfortunately, land-based sports betting in Arizona doesn’t exist right now. The reason mainly stems from the tribal compact that the state of Arizona has with the local Native American casinos owners. The compact allows those tribes to offer Class III gaming activities in exchange for a tax on revenue but does not extend those activities to include gambling on sports. If state officials wanted to allow other locations to offer this additional type of gaming then they would risk losing tax revenue from tribal casinos. This is why state officials are looking to rework the original compact so that only the tribes are allowed to offer it at their land-based locations.
You're looking for 10-20 bets a week for something that runs almost the entire year? The answer is really MLB and nothing else. Large volume of games, long season, great for minimizing variance. Yes, tennis and soccer run for most of the year, but good luck trying to get a handle on all the different moving parts those markets entail (e.g., all the different leagues and countries in soccer, how would you even get to start focusing on something to be high volume?) to be able to squeeze out an edge as you are starting out. If you're used to modeling golf, getting into baseball shouldn't too too far of a stretch since a lot of the modeling is based on the individual level rather than the team.
Betting $50 on one game and $500 on another is a sure way to find yourself separated from your cash in the long run, just as betting 50-percent of your bankroll on one game will ultimately lead to disaster. A sports bettor may win a few games when betting more than they should, but eventually, the loss, or losses, will come and the bettors end up in trouble.
One of those is David “Vegas Dave” Oancea, who pled guilty in federal court in January for charges involving using phony Social Security numbers at Las Vegas casinos in transactions of more than $1.2 million. Oancea initially faced 19 felonies, but ultimately pled guilty to a misdemeanor charge by admitting to causing violations of record keeping and procedures.
“I’m a realist,” Manfred said. “Would I prefer to have a single integrated structure from the federal government? Yes, because it would be easier for us to deal with one set of rules. But the reality is, given the course of the Supreme Court litigation, the federal government wasn’t going to get there in time, and the states were going to proceed. We’ll figure out a way to manage it.”

Value betting is a pretty simple concept. You use sharp bookmakers (those that don’t limit winning players) as an indicator for value. What I mean by this is that if the bookmaker Pinnacle is offering Man Utd at 2.0 to beat West Ham. Whilst Stan James has Man Utd priced 2.15 for the same game. We can estimate that Stan James are offering us a value bet.

Sports bettors place their wagers either legally, through a bookmaker/sportsbook, or illegally through privately run enterprises. The term "book" is a reference to the books used by wagebrokers to track wagers, payouts, and debts. Many legal sportsbooks are found online, operated over the Internet from jurisdictions separate from the clients they serve, usually to get around various gambling laws (such as the Unlawful Internet Gambling Enforcement Act of 2006 in the United States) in select markets, such as Las Vegas, Nevada, or on gambling cruises through self-serve kiosks. They take bets "up-front", meaning the bettor must pay the sportsbook before placing the bet. Illegal bookies, due to the nature of their business, can operate anywhere but only require money from losing bettors and don't require the wagered money up front, creating the possibility of debt to the bookie from the bettor. This creates a number of other criminal elements, thus furthering their illegality.


Picks services are, as we stated above, companies that offer predictions on different sports for a small fee. There are mixed feelings in the sports betting world about picks services. But, they can help bettors who are looking for more information about why they should bet on a certain game, fight, race, pitcher etc. Although pay-for sports picks sites have gotten mixed reviews over the years, there are many trustworthy companies who won't take your money and run. Any site we champion on OddsShark gets our seal of approval.


Levante are the feel good story in Europe, and there’s no good reason to stop believing at this point. AccuScore calculates value on both the draw and a Levante win, so a split pick is the correct play on this one. Regardless of whether Levante win or draw, the pick would be profitable. The trends aren’t with this pick, but Levante has surprised us all this season. If Levante lose, however, Barcelona and Real Madrid will likely return to the top and Levante will be the forgotten story of the season.
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