If you place two $100 bets, and you win, you’ll collect $440. You should consider leaving a tip around five percent of your winnings. Yes, that’s a $22 tip, but you just made a huge win, and surely you can spring for a twenty-spot for the guy who helped you win it. If you tip around the five percent mark regularly, when you win, you’re way more likely to get free drinks, which is about all you’re going to get comp-wise at the sportsbook.
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Woods knew there were giant horse-betting pools to tap in Asia—and that the biggest of all was run by the Hong Kong Jockey Club. Begun in 1884 as a refuge for upper-crust Brits who wanted a stretch of England’s green and pleasant land in their subtropical colony, the club changed over time into a state gambling monopoly. Its two courses, Happy Valley and Sha Tin, were packed twice a week during a racing season that extended from September to July. Hong Kong’s population was then only about 5.5 million, but it bet more on horses than the entire U.S., reaching about $10 billion annually by the 1990s.
Awesome Again Stakes (G1) Day - Saturday at Santa Anita, Accelerate won easily in the Awesome Again Stakes (G1) over West Coast. Also on the card, Bellafina won the Chandelier Stakes (G1), Game Winner won the American Pharoah Stakes (G1), Vasilika won the Rodeo Drive Stakes (G1), and Travieza won the Unzip Me Stakes. Get the results, charts, and photos here.
This is the vigorish, also known commonly as the “vig” or the “juice” — the bookmaker’s cut of the action. Oddsmakers try to set betting lines as precisely as possible to attract an equal amount wagered on each team involved in a particular game. They use money from losing bets to pay off people who make winning bets, while keeping a percentage for themselves. That percentage varies, but usually is around 10 percent, so that a successful $25 bet would earn you a $22.50 profit.
American betting on horse racing is sanctioned and regulated by the state where the race is located.[33] Simulcast betting exists across state lines with minimal oversight except the companies involved through legalized parimutuel gambling. A takeout, or "take", is removed from each betting pool and distributed according to state law, among the state, race track and horsemen. A variety of factors affect takeout, namely location and the type of wager that is placed.[34] One form of parimutuel gaming is Instant Racing, in which players bet on video replays of races.
The length of an endurance race varies greatly. Some are very short, only ten miles, while others can be up to one hundred miles. There are a few races that are even longer than one hundred miles and last multiple days.[14] These different lengths of races are divided into five categories: pleasure rides (10–20 miles), non-competitive trail rides (21–27 miles), competitive trail rides (20–45 miles), progressive trail rides (25–60 miles), and endurance rides (40–100 miles in one day, up to 250 miles (400 km) in multiple days).[15] Because each race is very long, trails of natural terrain are generally used.
The No. 11 Marquette Golden Eagles return home for just one game as they play host to the Butler Bulldogs at the Fiserv Forum. Marquette is seeking another extended winning streak, coming off back-to-back wins, while Butler has claimed victory in three of its last four games. The Golden Eagles earned a 76-58 victory over the Bulldogs at the Hinkle Fieldhouse on January 30 and are 6-point favorites in tonight’s game with the total opening at 145 points.

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.
Detach all emotion involved with your personal feelings. Betting on sports has to be a business transaction for you. If you have read any articles on this website before you know that I am a die-hard Giants fan. That said I wouldn’t think twice about betting against the Giants or on one of their rivals. I try to avoid betting on the Giants games at all costs but if there is value in a pick, I will take the other team. If you are testing a new strategy and it’s not working, don’t stay married to it. This goes back to the Quarterback analogy, you have to have a short memory. If you are way too emotional after a loss because of the money you have lost, you are spending too much money and need to think of a new money management plan. Don’t bet with more money than you are willing to lose.Also, you don’t want to bet on a game just because it is on national TV and make it more “fun”. Remember if you want to make money long term, you are not doing this for fun. You are betting on sports because you want to pad your pockets.
Here is what a professional baseball bettor might do in his head. After looking over statistics from MLB (kept religiously by all sorts of bloggers, data archives, and magazines) between the years 2000-2010, he notices a particular statistic pop out. For example: when the home team starts a left-handed pitcher the day after a loss, that team wins 59% of the time. Good sports bettors can do this sort of math in their head or very quickly on paper. From that bit of information comes a new betting theory—look for game situations that mirror the above example and bet on them. That means he’ll only bet games where the home team starts a left-handed pitcher the day after a loss. Does he just jump in and start betting based on this back of the napkin math? No way. More statistical analysis is required—he may find that this was a fluke for that particular decade and isn’t a trustworthy statistics, or he may find an even more advantageous bet based on his original theory.

Gotham Stakes Day at Aqueduct - Enticed won the featured Gotham Stakes (G3) by 2 3/4 lengths over longshot Old Time Revival and favorite Free Drop Billy. Also on the card, Skyler's Scramjet won the Tom Fool Handicap (G3), Divine Miss Grey won the Heavenly Prize Invitational, and Harlan Punch won the Stymie Stakes. Get the results, charts, and photos here.
Sometimes, you will find a handicapper who sells or gives away picks who has a solid track record. There are a few reputable sites that offer picks for sale that you can use to profit. Being early is key here, as this can be where the “steam” mentioned above often originates. If a big time syndicate is pounding a line into shape, you want to be in as early as possible, before books catch on and adjust.
28 September 1996 was an infamous day at Ascot racecourse in England. Franki Dettori was a popular jockey and a favorite with many punters, although one person who didn’t agree about his chances that day was Dettori himself. Interviewed before the first of his seven races, Dettori said that it was possible he could maybe win two of them. Many punters bet on Dettori anyway, including Darren Yates who put down £67.58 and decided to combine all seven of his races into a single bet that Dettori would win them all. Yates was a struggling businessman with a small carpentry business so needed a change of fortune. After place the bet, Dettori went off to play football with his friends and lost the game 4–0. Thinking it wasn’t his day, he then went to check on Dettori’s races and discovered that Dettori had won all seven. There were many winners that day at Ascot but no one earned more than Yates who picked up £550,823.
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These jackpots may take several different forms. Most commonly, the jackpot will be restricted to a single game, such as in Microgaming’s Mega Moolah or Real Time Gaming’s Shopping Spree. Some jackpots are linked to a batch of specific games, often sharing a common theme. The Marvel Comics series at Playtech and the Wonders series at NetEnt are two examples of this. Rarely, there may even be a site wide progressive that applies to all games, such as at WMS’s Jackpot Party Casino.
War of Will wins the LeComte Stakes (G3) - Saturday at the Fair Grounds was Road to the Derby Kickoff Day with the LeComte Stakes (G3) won by War of Will, the Silverbulletday Stakes won by Needs Supervision, the Colonel E.R. Bradley Handicap won by First Premio, the Marie G. Krantz Memorial Stakes won by Dubara, and the Louisiana Stakes won by Harlan Punch. Get the results, charts, and photos here.
Benter and his teammates got a house in the Vegas suburbs, living like geeky college fraternity brothers. Woods strictly forbade drinking on the job, so the men would wait until after their shifts to knock back beers and trade stories of scrapes with casino security, who were constantly on the lookout for card counting. Bull-necked pit bosses patrolled the floors. A suspicious player would be told to leave or, worse, backroomed: interrogated in a dingy office. There were rumors of counters being beaten and drugged. Benter thought the treatment was unjustified. He wasn’t a cheat. He just played smart.
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So how difficult is sports betting math? The math behind placing a winning bet is fairly complicated, but the way to stay ahead of the bookmaker is rather straightforward. If you collect on 52.4% of your bets, you’ll break even. We’ll have more details on that number later, including why it takes more than 50% wins to break even, but first some general knowledge about sports gambling and the numbers behind it.
Belmont Derby (G1), Belmont Oaks (G1), and Belmont Sprint Championship (G2) - Saturday at Belmont Park, Catholic Boy won the Belmont Derby Invitational (G1) on the turf with favorite Analyze It 2nd. Also on the card, Athena won the Belmont Oaks Invitational (G1), and Limousine Liberal won the Belmont Sprint Championship (G2). Get the results, charts, and photos here.
Much like the bookmakers themselves, we spend an immense amount of energy and time looking ever-closer at the importance of having the right kind of approach to (football)betting tips. We analyse everything from the quality of the pitch and the intensity of the weather, to the stories permeating from each club to help ascertain the mood as much as the form of the team themselves.
Stephen Foster Handicap Night - Pavel was a mild upset winner in the 2018 Stephen Foster (G1) at Churchill Downs by 3 3/4 lengths over Honorable Duty and Matrooh. Also on the card were the Fleur de Lis (G2) won by Blue Prize, the Matt Winn (G3) won by King Zachary, the Regret (G3) won by Beyond Blame, and the Wise Dan (G2) won by Mr. Misunderstood. Get the results, charts, and photos here.
Expected value is a term professional gamblers use on a regular basis. To explain what it means in simple terms I’ll use an example. Let’s say me and you decided to have a coin flipping contest. We flip coins and you give me $1 for each outcome of heads; I give you $1 for each outcome of tails. We could flip coins for all eternity and neither of us will ever have an advantage because on average half the time we lose $1 half the time we win $1. While there will be swings back and forth, as long as we flip the coin enough times eventually we’ll both break even. This particular bet has neutral expected value.
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Benter faced an additional and more peculiar anxiety. A month before the handover, his team won a huge Triple Trio jackpot. They were in the middle of an epic winning season, up more than $50 million. The Jockey Club normally put Triple Trio winners in front of the TV cameras to show how, for example, a night watchman had changed his life with a single bet. This time, nobody wanted to tout that the winner was an American algorithm.
Maybe you read through this and your just thinking you don’t really want to go through all this just to win consistently betting on sports. Or maybe you just want to do this for a little side change and don’t have the time need to invest to be successful. There is still a way where you can make money that requires no work on your end. What it does require is trust. Finding a good handicapper is not easy. There are a bunch of people on the internet these days that claim to make a profit betting on sports but are really just full of crap. There are also some legit people that put in the research and work necessary to be successful. They make good money betting on sports but they make even more money selling their picks. It’s no different than a financial advisor. Getting a handicapper doesn’t guarantee you will make a profit but you have a lot better chance of it with them on your side. You just have to factor in the cost of the handicapper into your profit to find out if it is worth it for you. I mentioned Rocky Sheridan above who really is the guru when it comes to finding the best odds, but there are other handicappers that are good as well and don’t make as high-risk picks. For a full list of the handicappers I use and for which sports click here.
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All horse racing on the flat except quarter-horse racing involves Thoroughbred horses. Thoroughbreds evolved from a mixture of Arab, Turk, and Barb horses with native English stock. Private studbooks had existed from the early 17th century, but they were not invariably reliable. In 1791 Weatherby published An Introduction to a General Stud Book, the pedigrees being based on earlier Racing Calendars and sales papers. After a few years of revision, it was updated annually. All Thoroughbreds are said to descend from three “Oriental” stallions (the Darley Arabian, the Godolphin Barb, and the Byerly Turk, all brought to Great Britain, 1690–1730) and from 43 “royal” mares (those imported by Charles II). The preeminence of English racing and hence of the General Stud Book from 1791 provided a standard for judging a horse’s breeding (and thereby, at least to some degree, its racing qualities). In France the Stud Book Française (beginning in 1838) originally included two classifications: Orientale (Arab, Turk, and Barb) and Anglais (mixtures according to the English pattern), but these were later reduced to one class, chevaux de pur sang Anglais (“horses of pure English blood”). The American Stud Book dates from 1897 and includes foals from Canada, Puerto Rico, and parts of Mexico, as well as from the United States.
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There are many things to consider when betting sports. If you are just playing for fun, it is still advantageous to follow the advice listed here, so your money lasts longer and you get more action for your dollar. However, if you are playing professionally, you must take heed of this advice and also do additional work to remain profitable. Topics such as bankroll management and variance come into play for the professional gambler every day. Read more about the Kelly staking plan to answer questions such as “How much should I bet?”


Benter, 61, walks with a slight stoop. He looks like a university professor, his wavy hair and beard streaked with gray, and speaks in a soft, slightly Kermit-y voice. He told me he’d been driven only partly by money—and I believed him. With his intelligence, he could have gotten richer faster working in finance. Benter wanted to conquer horse betting not because it was hard, but because it was said to be impossible. When he cracked it, he actively avoided acclaim, outside the secretive band of geeks and outcasts who occupy his chosen field. Some of what follows relies on his recollections, but in every case where it’s been possible to corroborate events and figures, they’ve checked out in interviews with dozens of individuals, as well as in books, court records, and other documents. Only one thing Benter ever told me turned out to be untrue. It was at the outset of our conversations, when he said he didn’t think I’d find anything interesting to write about in his career.
A surebet is a bet, that you can't lose. It's important to place 3 betting tips (most of the time) with 2, usually 3 different bookies at least. Since not everything is always rated correctly there either, combinations occur, that make a profit, when you place a bet on Tip1, TipX and Tip2, no matter the result. If there is a surebet in our betting tips for today, it will be marked with a green line in the odds comparison.
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.
Woods impressed Benter with his tales of fearlessness, recounting how he’d sneaked past airport security in Manila with $10,000 stuffed into his underwear. Most appealing, he pursued the card counter’s craft with discipline. His team pooled its cash and divided winnings equitably. Having more players reduced the risk of a run of bad luck wiping out one’s bankroll, and the camaraderie offset the solitary nature of the work. Benter joined the squad.

Bookies look at the weight of their books all the time and adjust odds and other factors to make sure their books balance. Though it isn’t possible to completely balance a book, bookies that go too far out on one side run the risk of losing money, and losing money in gambling is the fastest way to find yourself in another industry. All of these factors are why bookies generally root for the underdog—too many favorites winning in a sport with a short season (such as the NFL) can cause a bookmaker to lose money, while a bunch of upsets (like you generally see in college football) is a guaranteed profit for the bookmaker.
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FILE This Nov. 20, 2018 file photo shows a scrolling video board with basketball scores reflected in the ceiling of the new sports book at Resorts Casino in Atlantic City, N.J. The race to legalize sports betting is on now that the U.S. Supreme Court has allowed it in all 50 states, but will it provide enough extra tax revenue to make much of a difference for schools, roads or pension debt? (AP Photo/Wayne Parry)
I am a huge fan of Audible. I want him to excel. But Audible finished 12 lengths behind City of Light in the Pegasus World Cup. Take him back to where he last excelled - at 7 furlongs and build from there. Imperial Hint is pointing to the Golden Shaheen in Dubai and McKinzie likely points to the Big Cap - so this would be a nice race for Audible to run in and pick up another G1 win. Then he can take on a tougher field in the Met Mile and build from there like Frosted and Honor Code did.
The New Jersey Division of Gaming Enforcement which was established in 1977 and served to control brick and mortar casinos in the gambling industry at first. However, nowadays it also acts as a regulatory body of all the online casinos which are licensed under this particular Gaming Enforcement. It’s important to note that if you’re keen on gambling online as an American citizen residing in New Jersey, you’ll need to find an online casino which is licensed in the state itself.
Horse racing is something like a religion in Hong Kong, whose citizens bet more than anyone else on Earth. Their cathedral is Happy Valley Racecourse, whose grassy oval track and floodlit stands are ringed at night by one of the sport’s grandest views: neon skyscrapers and neat stacks of high-rises, a constellation of illuminated windows, and beyond them, lush hills silhouetted in darkness.

Finally, I considered the measures taken by each operator to protect its players from problem gambling. A safe online casino will work with non-profit making organisations, to identify ways to protect its players, and to provide support for those experiencing problems with gambling habits. Not only do the operators provide advice to their players, and contact details for professional organisations that can help with gambling addiction, they also contribute to organisations financially, investing in the support of problem gamblers and gambling addiction prevention.


In most horse races, entry is restricted to certain breeds; that is, the horse must have a sire (father) and a dam (mother) who are studbook-approved individuals of whatever breed is racing.[citation needed] For example, in a normal harness race, the horse's sire and dam must both be pure Standardbreds. The exception to this is in Quarter Horse racing, where an Appendix Quarter Horse may be considered eligible to race against (standard) Quarter Horses. The designation of "Appendix" refers to the addendum section, or Appendix, of the Official Quarter Horse registry. An Appendix Quarter Horse is a horse that has either one Quarter Horse parent and one parent of any other eligible breed (such as Thoroughbred, the most common Appendix cross), two parents that are registered Appendix Quarter Horses, or one parent that is a Quarter Horse and one parent that is an Appendix Quarter Horse. AQHA also issues a "Racing Register of Merit," which allows a horse to race on Quarter Horse tracks, but not be considered a Quarter Horse for breeding purposes (unless other requirements are met).[18]
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