And how much is that—exactly? During our interviews, it was the one topic that made him visibly uncomfortable. William Ziemba, a finance professor at the University of British Columbia who studied the Hong Kong syndicates, has said that a first-rate team could make $100 million in a good season. Edward Thorp (who’s still writing about gambling in his 80s) asserted in a 2017 book that Benter had a “billion-dollar worldwide business betting on horse races.” When pushed, Benter conceded that his operations have probably made close to a billion dollars overall, but that some of the money has gone to partners in Hong Kong and the U.S. “Unfortunately,” he said, “I’m not a billionaire.”

Racetrack stands range from the elegant (Longchamp in France, Ascot in England) to the modest and purely functional (Cologne, the Curragh in Ireland). The same variety is true of the saddling area, the paddock. Most European and other racing surfaces are grass; in North and South America the common surface is dirt, though grass became increasingly popular in the 20th century. Synthetic racing surfaces, which routinely drain better than natural surfaces and cause fewer fatal injuries, were increasingly installed at racetracks during the 21st century. Racing takes place mainly in the daytime.
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Probably the most important aspect of winning at sports betting is knowing what to avoid. There is a myriad of things to avoid when betting sports. For example, try to avoid paying -110 when -105 is easily available somewhere else. Don’t bet more than normal because you’re stuck for the day/week/month/year. Don’t bet more because the game is on TV. Take any picks with a grain of salt. Most picks, especially picks that are given away, are worth their weight in gold, so 0. Occasionally you’ll find someone worth following, but chances are they are just trying to sucker you in to purchase future “locks” with the promise of a free half-season if they happen to lose.

This is one of the places gamblers can get crazy. To boost the payoff on a bet, gamblers can string together a series of bets on multiple games, or multiple bets within the same game. This is called a parlay. It is a way to potentially win a lot of money for a small bet. But these bets are frequently losers. They are among the highest earning bets for sports books, because, as is the case with teasers, every one of the bets in a parlay has to win, or else the whole ticket is a loser.

Let’s start with the games. Without the limitations of space, online casinos can provide way more games than you’d find in a land-based casino. What’s more, a huge number of online casinos allow you to try the games for free, so you can practice and get familiar with the ins and outs of the games before even parting with your own money. You can also forget waiting when playing online. If someone else is playing your slot of choice, you do not have to patiently wait for them to move along for you to have your turn. When playing online, an unlimited number of people can play the same game at the same time.
The training of racehorses, simply expressed, is maintaining a horse in the best condition to run. Exercise and feeding programs and knowledge of the individual horse are factors involved. A good trainer selects a jockey who suits the horse and, perhaps more important, enters the horse in suitable races. A trainer of a horse for a classic race not only must develop the horse into peak condition but must time the development so that the horse reaches its peak on a certain day, which is the most difficult art of all.
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.
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TheSportsGeek.com is not an online gambling operator, or a gambling site of any kind. We are simply here to provide information about sports betting for entertainment purposes. Sports betting and gambling laws vary by jurisdiction. We are not able to verify the legality of the information we provide, or your ability to use any sites that are linked to on this site, for every combination of your location, the sites’ location, and the type of service those sites provide. It is your responsibility to verify such matters and to know and follow your local laws.

Future Stars Friday at the Breeders' Cup - Friday had 5 races for the Juveniles on both dirt and turf, headlined by the Sentient Jet Breeders' Cup Juvenile (G1) won by favorite Game Winner. Also on the card, Line of Duty won the Juvenile Turf (G1), Jaywalk won the Juvenile Fillies (G1), Newspaperofrecord won the Juvenile Fillies Turf (G1), and Bulletin won the inaugural Juvenile Turf Sprint. Get the results, charts, and photos here. More photos: Juvenile  -  Juvenile Turf  -  Juvenile Fillies  -  Juvenile Fillies Turf  -  Juvenile Turf Sprint


A closed casino no longer accepts new registrants or supports online gambling. Sometimes a closed casino has had its domain seized by a regulator, due to a criminal investigation. Other times, the online casino isn’t profitable or has its player database bought by a competitor. If a criminal investigation causes a casino’s closure, accounts might be frozen or confiscated. Closed sites usually try to pay out their customers and affiliates, but that is not always the case when their assets are seized.
Licensing is a procedure that should be passed by each and every online casino. The gambling license is a kind of certificate issued by gambling authorities that allow the casino operate in the gambling industry and to, actually, exist. To get licensed, the casino should confirm that it meets up certain standards approved by the regulation board. There are several main licensing jurisdictions that can issue the licensing certificate depending on the casino location. They are, for example, the Malta Gambling Commission, the UK Gambling Commission, the Isle of Man Gambling Jurisdiction, Gibraltar Licensing Authority and some other.
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.
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Before committing any real money, the researchers tested the idea on 10 years of historical data on the closing odds and results of 479,440 soccer games played between 2005 and 2015. This simulation paid out 44 percent of the time and delivered a yield of 3.5 percent over the 10-year period. “For an imaginary stake of $50 per bet, this corresponds to an equivalent profit of $98,865 across 56,435 bets,” they say.

Another form of futures betting involves the over/under on the number of games a particular team will win in the regular season. This type of wager is typically found on pro football and major league baseball, and sometimes on pro basketball. For example, the over/under on the Yankees may be 93 wins. If the Yankees go on to win 94 or more games, the "over" is a winner. If they win 92 or fewer games, the "under" is a winner. If they win exactly 93, the bet is a push and tickets are refunded.
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Teaser Betting Strategy – This is perhaps the easiest method a sports bettor can use to find bets with a positive advantage. When you also read our article on the current betting market, you’ll realize just before game time the lines are efficient. Teasers are based off the current betting lines, so no longer do you need to go do any deep analysis to find out whether as straight bet is +EV. Here find spots where teasers increase the win rate by enough and you’ll have a +EV bet. This is all described in our article on teaser betting strategy.
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Between races, Benter struggled to make his algorithms stay ahead of a statistical phenomenon called gambler’s ruin. It holds that if a player with limited funds keeps betting against an opponent with unlimited funds (that is, a casino, or the betting population of Hong Kong), he will eventually go broke, even if the game is fair. All lucky streaks come to an end, and losing runs are fatal.


One approach—familiar to Benter from his blackjack days—was to adapt the work of a gunslinging Texas physicist named John Kelly Jr., who’d studied the problem in the 1950s. Kelly imagined a scenario in which a horse-racing gambler has an edge: a “private wire” of fairly reliable tips. How should he bet? Wager too little, and the advantage is squandered. Too much, and ruin beckons. (Remember, the tips are good but not perfect.) Kelly’s solution was to wager an amount in line with the gambler’s confidence in the tip.
The UK might be renowned for its massive sports accumulator wins but the US can also deliver a big winner every now and again too. An anonymous punter from Las Vegas won $305,000 from a $5 parlay bet on a selection of basketball matches with William Hill back in March 2016. The punter backed a selection of college teams on the Saturday and Sunday, whilst also selecting NBA teams Detroit Pistons and Golden State Warriors to win on the Saturday. This left him needing Kansas to win on the Monday which they did. Boom.
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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.
Woods was used to being the senior partner in gambling teams and getting his way. He never lost his temper, but his mind, once set, was like granite. Benter was also unwilling to budge. Their alliance was over. In a fit of pique, Benter wrote a line of code into the software that would stop it from functioning after a given date—a digital time bomb—even though he knew it would be trivial for Woods to find and fix it later. Woods would keep betting algorithmically on horses, Benter was sure of that. He resolved that he would, too.
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Previously, Gambling.com housed mobile casino information within the online casino reviews but now that mobile casino gaming is so prevalent, mobile products get their own reviews dedicated to unraveling the full mobile experience of each operator. The expansion into mobile-only reviews allowed our online casino review content to expand into more depth about the sites' overall experiences, a welcomed improvement by most visitors.

?I layed Roger Federer against Alejandro Falla in a match during Wimbledon 2010 when I watched him go two sets down as I had read that Federer had NEVER come back from two sets down at Wimbledon I was more than happy that my money was won and ignored the rest of the match to do ?other? important things. The rest, as they say, is history.?(Federer came back to win the game 5-7 4-6 6-4 7-6 6-0)
Racingdudes.com is the destination site for all things horse racing. In addition to free win selections offered to nearly every track running in the country, we also offer articles, breaking news, track reports, betting tips, exclusive photos, handicapping products and our weekly podcast, Blinkers Off. Made by horse racing fans, for horse racing fans, we like to pride ourselves on giving horseplayers and fans of all skill levels content that is valuable.
Horse racing is a popular sport in South Africa that can be traced back to 1797. The first recorded race club meeting took place five years later in 1802.[62] The national horse racing body is known as the National Horseracing Authority and was founded in 1882. The premier event, which attracts 50,000 people to Durban, is the Durban July Handicap, which has been run since 1897 at Greyville Racecourse. It is the largest and most prestigious event on the continent, with betting running into the hundreds of millions of Rands. Several July winners have gone on to win major international races, such as Colorado King, London News, and Ipi Tombe.[63] However, the other notable major races are the Summer Cup, held at Turffontein Racecourse in Johannesburg, and The Sun Met, which is held at Kenilworth race track in Cape Town.

Betting on sports games is a hobby for many, and most people just consider it to be a fun and friendly past time. But there are ways to consistently make money on sports betting, and the tricks are understanding betting strategy and the different types of bets you can make, understanding the odds, making smart bets, and walking away from bad bets. It’s also important to remember that making money on sports betting is something that requires time and dedication: it’s not about making a single huge bet and winning lots of money in one shot. Instead, it’s all about making a series of small, smart bets that add up over the season to an overall gain.
Once you’re much more experienced and ready to take things to the next level then I strongly Conquering Risk: Attacking Vegas and Wall Street by Elihu D. Feustel. This is a book for advanced sports bettors and not a good read for anyone not already winning. It is heavily math, statistic and handicapping intensive. If you eventually decided on a career as an advantage player at some point down the road you’ll want to work to understand what Elihu D. Feustel shares in this book.
Benter taught himself advanced statistics and learned to write software on an early PC with a green-and-black screen. Meanwhile, in the fall of 1984, Woods flew to Hong Kong and sent back a stack of yearbooks containing the results of thousands of races. Benter hired two women to key the results into a database by hand so he could spend more time studying regressions and developing code. It took nine months. In September 1985 he flew to Hong Kong with three bulky IBM computers in his checked luggage.
Hong Kong racing uses a parimutuel (also known as “totalizer”) system. Unlike odds in a Vegas sportsbook, which are set in advance and give a decisive edge to the house, parimutuel odds are updated fluidly, in proportion to how bettors wager. Winners split the pool, and the house skims a commission of about 17 percent. (After costs, the Jockey Club’s take goes to charity and the state, providing as much as a tenth of Hong Kong’s tax revenue.) To make money, Benter would have to do more than pick winners: He needed to make bets with a profit margin greater than the club’s 17 percent cut.
Yes, here at SBAT we provide betting tips at the weekend. We understand punters love the weekend coupons, so we provide as many tips as possible as early as possible. We provide full predictions and tips on a host of leagues that play on Saturdays and Sundays so you can get all your weekend coupon betting tips here to ensure your gambling is always good at the weekend. We understand that punters on the weekend are looking for a good Saturday acca or Sunday acca, so we will always provide them.
Online casinos began using simple HTML code with JavaScript. As computers have advanced, so have the quality of casinos. The predominant form then came as downloadable casino clients that use computing resources to run the games. With the recent surge in Web-focused and mobile technology, Adobe Flash is now becoming the preferred method for playing online casinos.
The money or liquidity available on Betfair is on the whole generated from very large gamblers with very sophisticated  pricing models. These professional enterprises spend huge amounts of money on models and information to accurately determine the true probability and so price of each outcome. If they discover an incorrect price they invest heavily. This has the effect of changing the exchange price dramatically. The new exchange price then represents the correct probability of a result happening.
Why don’t more people win at sports betting? Like any other endeavor, it takes time, patience and practice to become successful. A person of average intelligence can become a winning handicapper if they have the desire. Based on the odds of -110 for a straight football or basketball bet a handicapper only need to be right 52.38 percent of the time to break even however many sports bettors cannot achieve that percentage of winning over the long run.
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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.
By the mid-18th century the demand for more public racing had produced open events with larger fields of runners. Eligibility rules were developed based on the age, sex, birthplace, and previous performance of horses and the qualifications of riders. Races were created in which owners were the riders (gentlemen riders), in which the field was restricted geographically to a township or county, and in which only horses that had not won more than a certain amount were entered. An act of the British Parliament of 1740 provided that horses entered had to be the bona fide property of the owners, thus preventing “ringers,” a superior horse entered fraudulently against inferior horses; horses had to be certified as to age; and there were penalties for rough riding.
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In 1980 he’d just applied for a job as a night cleaner at McDonald’s when his buddies introduced him to the man who would change his life. Alan Woods was the leader of an Australian card-counting team that had recently arrived in Las Vegas. Woods was then in his mid-30s, with a swoop of gray hair and cold blue eyes. Once an insurance actuary with a wife and two kids, he’d decided one day that family life wasn’t for him and began traveling the world as an itinerant gambler.
Then send us an E-Mail or contact us via our contact form. Our Team will respond within 24 hours. If our betting experts also believe that the desired league may provide good betting tips, then we will research new tips for the next match day and publish These on bettingformat in the forecasts today. It's important that you comsider, whether the bookmakers have your desired league in their portfolio, so that we can compare the odds for you.

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The most famous horse from Canada is generally considered to be Northern Dancer, who after winning the Kentucky Derby, Preakness and Queen's Plate in 1964 went on to become the most successful Thoroughbred sire of the twentieth century; his two-minute-flat Derby was the fastest on record until Secretariat in 1973. The only challenger to his title of greatest Canadian horse would be his son Nijinsky II, who is the last horse to win the English Triple Crown. Woodbine Racetrack (1956) in Toronto is home of the Queen's Plate (1860), Canada's premier Thoroughbred stakes race, and the North America Cup (1984), Canada's premier Standardbred stakes race. It is the only race track in North America which stages Thoroughbred and Standardbred (harness) meetings on the same day. The Canadian International and Woodbine Mile (1981) are Canada's most important Grade I races worth C$1,000,000 each, and have been won by many renowned horses such as Secretariat and Wise Dan respectively. Other key races include Woodbine Oaks (1956), Prince of Wales Stakes (1929), Breeders' Stakes (1889) and Canadian Derby (1930).
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