How to Get Started With Sports Betting

Sports betting is simply placing a wager on a sporting event. You are betting that your team, horse, dog, or driver will win. If they do win, so do you! If they lose, you lose your bet amount. Sports betting takes place all over the world, though in the United States this type of betting is not as highly accepted as it is in Europe.

Online sports betting is probably the best option for those who are interesting in trying it for the first time. If you have never tried online sports betting, you are missing so much fun and excitement, and it can all happen in the comfortable surroundings of your home! The art of sports betting can seem confusing at first, but once you are familiar with some of the jargon that is used to explain the concepts and logic behind each type of bet, it is all much easier to understand.

One of the best ways for you to experience this engaging way to bet on your favourite racing and sporting events is to get acquainted with online sports betting. However, in order to best take advantage of all that sports betting has to offer, you need to know a little more about it.

Sports Betting – The Odds

How does online sports betting work? You should start by studying the odds for the sporting event you are most interested in placing a wager upon. When using online sports betting, you can find these odds in the various online sports books used by Internet gamers everywhere. You must open an account with an online sports book before you can place your bet, but this is simple to do.

Once you have chosen where you are going to do your sports betting, you need to decide how you are going to place your bet. There are many different ways for you to wager your chosen amount of money, but first, let’s talk about the spread and how it can affect the amount you bet.

Sports Betting – The Spread

The spread is a point advantage in sports betting, which is usually given to the team that is generally expected to lose a particular sporting event. If you decide that you will bet on the team that is expected to win, they will have to win by more than the spread number and cover the spread before you are considered to have chosen correctly. If you choose the team that is expected to lose, that team will have to lose by less than the spread number in order for your pick to be considered correct. If by chance the team wins by the number of points that were chosen as the spread, the game is called a push.

No one who engages in sports betting wins a thing if a game is called as a push, but you do get the amount of your original bet back. The point spread is done in order to make the all of the bets come out even for the sports book, and is usually done for sports such as basketball or football.

Sports Betting – The Bet

If you were to bet against the spread, most likely you would place a type of bet called an 11-10, or spread bet. By betting $11, you win $10 if your team’s score covers the spread. This is another way that the online sports book makes its money.

An over-under bet is also an 11-10 bet. With this type of bet, the total score of the two teams that played will be either over or under the total score that was listed before the game was played. Betting on the score being over is called ‘betting on the ball’. Betting on the score being under is called ‘betting on the clock’.

A proposition bet is a type of bet where the online sports book chooses what the odds and the conditions of the bet are going to be. This type of bet can be most interesting, even a little fun at times, for the conditions can be as unusual as which of two football teams will make the most touchdowns, which of two basketball teams will score the most three pointers, or even which individual player will make a certain move for the team. The odds for this kind of bet are sometimes 11-10, but can be better or worse depending on the circumstances.

A parlay bet happens when you are betting on more than one event, usually three. This type of bet gives you a much higher payout if you should win, but the catch is that all the events you bet on will have to win. If even one of them loses, they all lose, and you lose the amount that you bet.

A money line bet seems rather formidable, especially to someone who is just getting into online sports betting, but it is really one of the simplest bets of all. It is also called a Straight Up bet, and there is no point spread to consider. You will just choose your sport, and then the team you think will be either the underdog or the favourite. In a money line bet, the sports book will have numbers listed that are in the hundreds, with either a plus or a minus sign beside them. These numbers are considered the ‘money line’, and are the multipliers for the bets.

If the money line for your team is listed as 100, you will make an even bet. This means you will wager the same amount that you will get back. If the money line reads -110, then you must come up with the amount of money you have decided to bet, plus 10%. This extra 10% is known by the name of ‘juice’. If the money line for your team is listed as +110, then you simply place your bet with the amount you choose to bet. If you win a money line bet, you get the amount of your bet plus 10% back. For example, if you bet $10.00 and $1.00 in juice on a -110 money line and it wins, you get $21. 00.

A teaser bet in sports betting is actually a proposition bet that allows you to change the odds for the bet in either direction so that the wager is in your favour. You can go up or down in points, and must choose at least two teams, as is done in a parlay bet. You can have as many as 6 separate teams included on a teaser bet, but all of the teams chosen have to win in order for your bet to be declared a winning one. Once the games are over, the points from the teaser bet are added or subtracted from the final scores. The odds for teaser bets can be different each time, so it is a good plan to always check the sports book before placing your bet.

A tip to remember is that generally, when placing a wager on any sport that can finish with a high score, such as football, you will have a spread. Sports where the ending score is low, such as in baseball will have a money line. Remember also that favourable odds on a game can sometimes work in your favour. Online sports betting allows you to easily go from sports book to sports book to find the best odds.

Soccer Betting – Winning Principle

When talking about sports betting, people usually think about soccer betting because it is the most popular betting among all sports betting. Almost everyone is well aware of the rules before they place their first bet on soccer. And somehow, soccer betting provides the most lucrative payout.

However, in order to win on soccer betting, one has to follow certain rules which guarantee their chance of winning. Believe it or not, soccer betting may be a game for some people, but a serious job for dedicating punters. The fact that 95% of punters lose on their bets does highlight that only less than 5% of all the players are serious punters.

You might ask what those rules are. Well, different professionals acquire different rules for themselves to thrive in their profession. Let’s just call soccer betting as a profession. Below are the basic rules that every punter should know.

Firstly, set a limit to what you can bet per day. Then, put a stop when you hit that limit. The reason is that punters usually double their stake after they lose the previous bet. That will surely dig further your pocket. So, remember, you always have tomorrow to win back all those losses.

Secondly, do not bet with your eyes closed. If you are not so sure about certain teams or certain matches, do gather more information about them before placing your hard-earned money on them. Do not lean on luck, because luck only comes if you worked hard.

Thirdly, find more detailed information about the matches, such as: opening odds, lineup of the teams, their current forms, and statistics of those teams… The more information you have, the more secured your bets are. Believe me, you should do your homework first, before you can count on luck.

And last but not least, in order to go a long way with soccer betting, one has to own right betting strategies. The right strategies are the ones that have been proven to work well for similar type of person like him, or for every punter. The right strategies are the ones that have helped others to pull in fortune. Of course, it is very hard, if not impossible, for a successful punter to reveal his winning strategies, because they are his winning secrets. However, there are punters who are too successful to care about keeping his winning secrets to his own. And this is an example: Soccer Bet Winning System [http://www.winsoccerbet.com]

Beating The Odds – A New Approach to Betting on Boxing

Casino Visions and Caviar Dreams

Most of us have heard this before: “I’m going to get rich this weekend. I’m feeling lucky. I’m going to triple this money I have. It was set aside for the mortgage, but I know I’m going to win. I can feel it. I was so close last time.”

It’s beyond cliché. It’s a cultural phenomenon, with the optimistic playing the part of financial lemmings, eager to swim out in the ocean too far to swim back to shore (or in this case solvency).

The people who go to casino’s with such a “plan” usually end up leaving with their tail between their legs.

Casino towns are money siphons, an instant asset reallocation strategy for the hopeful. For every sensible vacationer who takes a preset allotment of discretionary income to a gaming community for some kicks and a show, there is a reckless gambling addict hurtling toward destitution. The trick, as the song said, is to never play the game too long.

So, according to the industry, you can rely on the lady luck long shot, the win some-lose more method long endorsed by the gaming community, or inflict upon yourself the relative tedium of card counting.

What other options are there for the gaming enthusiast looking for a sincere chance to beat the house advantage?

There is, some say, a formula.

The Formula

In today’s computer culture, advanced mathematical calculations are just an app away. Computation professionals are driving technology further, faster.

Is it really surprising that in an era where the numerics of card counting have tipped the scale in blackjack, to have another contender emerge and challenge the notion that the odds always favor the house?

This has indeed happened. It comes from France. It is called the Martingale method, and was considered high tech… by eighteenth century nobility.

The system revolves around the fundamental principal of doubling your bet each time you lose until you win.

The theory is that you are bound to get one right eventually, and you then will get the payoff you pursued in the initial wager.

One interesting point about this method is that at first glance the wagerer appears to be a gambling addict on a bender. Upon closer inspection, what looks like unstable behavior shows itself to be the execution of a discipline within the chaos of wagering. It can pay.

The method practitioner must have researched the technique and learnt the entire formula, which can be fully understood in hours armed with nothing more than elementary school math.

So far so good. The rub? One had better know their game. Losses get expensive quickly. A wagerer could be risking $16 to win the $1 they set out to win. If the first bet was large, the risks can be disproportionate.

Where does this lead the hopeful wagering enthusiast who is not a card counter in possession of a substantial bankroll? This is the dead end. Or is it?

Hiring A Ringer

One can try the internet sports pickers. Called “touts,” these people are willing to do the analyses (thinking) for you.

Touts study a sport or sports, and one pays them for their expertise. Upon swiping your card, the “expert” bestows upon you their predictions, ranging in time from a day to a year.

Touts do not gamble for you. They don’t make wagers: only predictions.

The tout business is competitive, and if you do more than peruse their adverts there are a few things of which you should be aware. First, it is rumored that some of these touts don’t exist as an actual person, but are instead marketing gimmicks.

As I investigated this book, a controversy was brewing about an invented tout with the last name Chan, whose character was allegedly created to appeal to a certain demographic. How could this happen? Touts are often organized into groups. Tout houses are arranged so prospective clients can elect a soothsayer that aligns with prospect preferences.

The more diversified the choices, the more likely a prospective client is to find kinship through familiarity with one of the choices.

Not having a matching demographic option, wouldn’t it make sense for the marketing arm of such an organization to develop as many choices as possible? What if the creation of such a character was the best available option? Is it lying or promotional enhancement?

In any event this forum, like every casino ville, may not be exactly what it seems.

When employing touts, another aspect/gimmick of which you should be aware is the star rating system. Touts diversify their picks between 1 and 5 stars (5 being preferred). The star ratings are meant to establish the confidence level a tout has on a prediction.

For example, say a tout believes one team should beat another, but hasn’t much confidence, that pick would be given one star. Should the tout feel assured about a selection, the pick would receive a rating of 5 stars. Two through 4 stars implies a marginal degree of confidence in the selection.

When one looks at an advert where a tout says they have won six 5 star picks in a row, that doesn’t mean they’ve done the same with their picks made from 1 to 4 stars.

I’m not saying this scenario happens often, but without monitoring, how does one keep track? Does this mean that touts can keep five lists, and advertise the one currently doing well? The answer is yes. Forewarned is forearmed.

In addition, its hard to determine what touts mean in terms of money amounts to place according to their recommendations. Touts use the term “units” instead of dollars or pounds or yen. Classifying currency as “units” is an insurance tactic often used to confuse and mislead the unwary.

The biggest rap on these touts is that most are said to make their money by selling picks and not by using their own product and investing their own money in their predictions.

By the way, this is a flourishing industry. The clientele is alert and attentive. In fairness, the market doesn’t sustain itself on newbies or suckers. Many touts have niche specialties that pay off for their patrons.

The lesson here is to learn the terms before you invest. Only a dupe would try to cheat this learning curve.

Counting Cards

Is there a game available at every casino where the players have the edge over the house? The rumor is that that blackjack, or 21, affords the players just that chance.

Our investigation began with the movie 21, about the M.I.T. (Massachusetts Institute of Technology) blackjack team. The movie was based on a book called Bringing Down The House, and was, allegedly sponsored by the gaming industry itself.

How is it that the gambling machine would support a movie that has as premise that one of the casino’s primary moneymaking games can be outwitted and foiled by a counting approach that can be learned by the average player?

We found that even if blackjack card counting techniques do allow players a mathematical advantage over the house, there is at least one catch.

We spoke to Dennis, a blackjack card counter, who was plying his trade at the Red Garter hotel and casino in Wendover, Nevada. Dennis was willing to talk to us but refused to be photographed because he believes the picture could be formatted to use by industry facial recognition software, which could lead to his eviction by casinos.

Dennis also declined our using his last name, citing the player reward cards that track players through out their casino stay, and use the results to offer freebies and discounts. These cards are considered a substantial perk system linked to a name, making it monitored and tracked.

“The idea that you can beat the game of 21 is correct, but incomplete,” Dennis explained. The missing part of that statement seems to be the word “temporarily.”

How long does it take to become a successful card counter? Not long at all, according to Dennis, who says he has been applying “the system” for 5 years.

Dennis recounts his challenges in card counting: chief among them is not getting caught. “Card counting is 100% legal, AND if you are noticed by the casinos counting, there is a 100% chance you will be thrown out of the casino and blacklisted from ever returning.”

Dennis lowered his voice before continuing. “You are counting cards to get a small mathematical advantage. It might take over an hour to do it. Then, if you get the hand you want you still have to have your count straight and be ready to jump on it, make your money, then get out of the place before security can respond to the large increase in bet size you just made.”

“Upping the bet,” Dennis confided, “is the big giveaway in blackjack. The eye-in-the-sky (remote viewing system) will catch that every time.”

He finished with some advice and an admonition: “If you are having the free drinks the casinos offer, or are distracted by anything, you will miss your chance for profit. If you are smart, you’ll keep your winnings. Many blackjack players blow their profit on another casino game the very day they win big.”

I nodded, now understanding the casino corporation’s motivation in sponsoring a movie like 21, and being able to verify that there is indeed a table game where the player has the odds on advantage over the house, but not by much and not for very long.

The Alternative

We have, in this section, covered some of the approaches to making a profit in the casino world: the shot-in-the-dark, wager sequencing systems, counting cards and bringing in paid experts. Is there another option, one that can bring the best of the best together into a cohesive, reliable whole?

Some are claiming there is such an option. They believe results can be nearly standardized. The game is, surprisingly, the oldest known sport. Like it or not, professional fist-fighting may be the sound investment both the gambler and professional investor have been looking for.

Why boxing? According to believers, the reasons are elementary.

The first attribute seems most attractive to investors: reduction of variables. Anyone who has watched trading on the floor of the New York Stock Exchange tends to believe they are watching uncoordinated chaos, as companies allow complete strangers to monitor the funds of their clientele.

In boxing there are only four conclusions;

  1. One fighter prevails.
  2. The adversary is victorious.
  3. The result is even (called a “draw”). In such a case the investment is returned untouched as a break-even affair, or in sports investment parlance, a push.
  4. Lastly, this fourth conclusion is a biased result, usually assisting the local athlete or contestant with favorable promotional contacts.

One group benefiting from this new investment paradigm featuring boxing are called Boxing Bet Predictors. This lot contends that the above four results, these few component pieces, allow greater chance of victory on a consistent basis than their stock market counterparts.

They charge that contrary to the cultivated image of legitimacy for Wall Street, there are intentional steps taken to give the appearance of neutrality that do nothing more than assure gambling odds on par with the casino game roulette, as thorough investigation in sanctioned stock investments are called insider trading, which is illegal.

Boxing Bet Predictors contend that it is just this sort of investigative limitation in stocks that supply advantage to their own investment game. Boxing Bet Predictors can legally perform insider trading from numerous sources. Such sources include print, internet sites like blogs, forums and YouTube, as well as television options ranging from ESPN to HBO, Showtime and PPV.

Along with variable reduction and investigative liberty comes the skill development necessary to be a successful investor. To many, the science of knowing which prizefighter will best the other seems confusing and random. Boxing Bet Predictors insist it is neither.

First, one must learn when and where NOT to invest. After that, it is the relatively simple process of knowing on whom one should make their pick.

Sound complicated? Not according to the experts, in this case the boxing bet predictors, who maintain that the necessary knack is not in knowing the fighters, but the styles of the fighters, who’s elements seem to dovetail together very much like the children’s game “paper-rock-scissors.”

The learning curve for this strategy specialty doesn’t need to take years, just months. Like any new skill with a short-term learning curve, there is a key focus: upon recognizing how the few styles interrelate, accuracy rates of 75% should not just be considered obtainable, but expected.

The Conclusion

With an absence of trust in stock secured retirements, people are looking at options. This article has covered most of the credible options. Prudence and judgment must go together to benefit from any investment strategy.