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.
Professional sports bettors have to worry about variance more than any other type of gambler. Working against the forces of variance means managing your bankroll over the course of the season to avoid the negative possibilities that could totally empty your wagering account. Professional sports bettors have the time and resources necessary to calculate these variances, and there are even a few pieces of software out there that can help you figure out your ideal bet in the face of negative variance. But the bottom line is that professional sports bettors would dream of having a 55% winning record, simply because it guarantees you’re beating the house.
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There are particular leagues and tournaments that are more popular to bet on than others. For example, sporting events such as American football, NBA basketball, NHL ice hockey in general has more bettors flocking to bet on it than a European competition. But there can be more value found in those tournaments that fewer bettors wager on. Our tipsters are aware of this. That’s why you’ll find tips on leagues and competitions from all over the world.
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Horse racing is one of the oldest of all sports, and its basic concept has undergone virtually no change over the centuries. It developed from a primitive contest of speed or stamina between two horses into a spectacle involving large fields of runners, sophisticated electronic monitoring equipment, and immense sums of money, but its essential feature has always been the same: the horse that finishes first is the winner. In the modern era, horse racing developed from a diversion of the leisure class into a huge public-entertainment business. By the first decades of the 21st century, however, the sport’s popularity had shrunk considerably.
Some Sharps will say to stay away from parlays altogether. I’m not going to say that. Every once in a while, I will play a parlay. Now it won’t be a 5 or team parlay or anything crazy like that. But rarely I will do a 2 or a 3 team parlay. I don’t make the bet really expecting to win. I know going in that it is a much lower percentage bet and make sure that if I win, it will be big. Amateur bettors love the big payouts from the 6-7-8 team parlays but do you know who loves parlays even more? The Bookie! There is a reason they pay out so much, it’s because they are such low percentage bets. The main difference between a sharp and an amateur is instead of betting a 5 team parlay a sharp will bet 5 separate games. If he walks away 3-2 in those 5 games he would be happy. The amateur, on the other hand, would probably hit 4 of 5 and walk away with nothing. He would then proceed to go home and slam his head into a wall for 5 hours in disgust.
Bookies don’t offer even money like friends in a casual betting situation. In the above example, with two evenly matched boxers, a smart bookie will offer 5/6 odds for each. That way, a $10 winning bet would only return $8.30 plus your stake. What does this do for the bookmaker? He can float an equal amount of money on both fighters, winning no matter which fighter actually wins. If they take $1,000 worth of bets on one boxer and $1,000 on the other, the bookie would take in $1,000 but only have to pay out $830, for a guaranteed $170 profit regardless of the outcome.
As a player, you must keep in mind that a casino site (or any site for that matter) should treat your personal details with confidentiality, make fair payouts according to the payback percentage stated on their website and handle deposits and withdrawals in a secure, professional manner. These are important factors, if not THE most important. On CasinoTop10 we don’t discriminate between players.

Horse racing in one form or another has been a part of Chinese culture for millennia. Horse racing was a popular pastime for the aristocracy at least by the Zhou Dynasty - 4th century B.C. General Tian Ji's strategem for a horse race remains perhaps the best known story about horse racing in that period. In the 18th and 19th centuries, horse racing and equestrian sports in China was dominated by Mongol influences.
Thoroughbred horse racing came to China with British settlements in the middle 1800s and most notably centered around the treaty ports, including the two major race courses in Shanghai, the Shanghai Racecourse and the International Recreation Grounds (in Kiang-wan), and the racecourses of Tianjin. The Kiang-wan racecourse was destroyed in the lead-up to the Second Sino-Japanese War and the Shanghai Race Club closed in 1954. The former Shanghai Racecourse is now People's Square and People's Park and the former club building was the Shanghai Art Museum.

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There are particular leagues and tournaments that are more popular to bet on than others. For example, sporting events such as American football, NBA basketball, NHL ice hockey in general has more bettors flocking to bet on it than a European competition. But there can be more value found in those tournaments that fewer bettors wager on. Our tipsters are aware of this. That’s why you’ll find tips on leagues and competitions from all over the world.
Organized racing in North America began with the British occupation of New Amsterdam (now New York City) in 1664. Col. Richard Nicolls, commander of the British troops, established organized racing in the colonies by laying out a 2-mile (3.2-km) course on the plains of Long Island (called Newmarket after the British racecourse) and offering a silver cup to the best horses in the spring and fall seasons. From the beginning, and continuing until the Civil War, the hallmark of excellence for the American Thoroughbred was stamina, rather than speed. After the Civil War, speed became the goal and the British system the model.

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.
No matter what sport, league or tournament you follow, each day you'll find bettingexpert's community of tipsters posting winning betting tips. Whether it's football, tennis, basketball, baseball, ice hockey or American football, just to name a few, our committed and profitable tipsters will help you make money following their tips. What is the best free tips website? That answer is simple, bettingexpert. There's no better site on the internet for free betting tips.
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Kentucky Oaks Undercard Stakes Results - There were 5 other stakes on the card today with the Oaks, including the La Troienne (G1) won by Salty, the Alysheba (G2) won by Backyard Heaven, the Eight Belles (G2) won by Mia Mischief, the Twin Spires Turf Sprint (G3) won by Will Call, and the Edgewood Stakes (G3) won by Toinette. Get the results, charts, and photos here. cThursday Kentucky Derby Photos - This morning at Churchill Downs was the first time for Mendelssohn to get on the track. He came out with the rest of the O'Brien string just after Derby work time. I stayed until 9am for Enticed so got 19 Derby horses and 9 Oaks fillies for you.
A good record for a sports bettor is any record equal to or larger than 52.4%, because that number or anything higher means you’re not losing money. A 53% winning record, while not impressive on paper, means you’re actually beating the sportsbook and putting money back in your pocket. Ask your friends that play the slots or play online poker how often they end up putting money back in their pocket.
Kentucky Derby Undercard Stakes Results - There were 6 other stakes on the card today with the Derby, including the Old Forester Turf Classic (G1) won by Yoshida, the Humana Distaff (G1) won by American Gal, the Churchill Distaff Turf Mile (G2) won by Proctor's Ledge, the Churchill Downs Stakes (G2) won by Limousine Liberal, the American Turf (G2) won by Maraud, and the Pat Day Mile (G3) won by Funny Duck. Get the results, charts, and photos here.
You can also “do it yourself” and become a handicapper. However, most, if not all, information that you come up with (widely available information) is already priced into the lines. So, it doesn’t do you much good to look up the weather forecast or the coaches’ records on primetime games or other stats such as rushing yards or goals scored. The bookies, and other smart handicappers, have already pored over all this information and it has been accounted for. But if you are a computer whiz, or good with numbers, you may be able to develop a computer program to crunch tons of numbers in order to come up with an edge. A tip here: the smaller the market, the less attention paid to it, by bookies and other gamblers. So you may have a better shot at finding an edge in a smaller sport or market such as certain props.
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Before we even consider reviewing an online casino, we make sure that it is controlled by a reputable operator who already has a proven track record within the online gambling industry. Just by finding out who owns & operates the casino can tell us a great deal about the casino in question. We also make sure that the casino is licensed by a trusted authority in a well-known licensing jurisdiction before we carry out our casino reviews online.
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.
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.

In addition to our betting tips today we also recommend the bookie of the day and the best offer of the day. It is presented at the top of the tipping site including the current bonus Information. Of course we also recommend to always place the respective betting tip with the highest odds, but there is always one bookie with the best total packacge and we recommend this bookmaker as the bookie of the day. With the respective top betting tip offer of the day the total package is as mentioned good. Starting with the betting portfolio to the odds or customer service. You can find further information about the respective product in our bookmaker section, where we provide detailed analyses of the respective provider.
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.
2018 Eclipse Award Winners - Justify won Horse of the Year and Champion 3-year-old Male at the Eclipse Awards. Other winners included Accelerate as Champion Older Male, Roy H repeated as Champion Sprinter, and Stormy Liberal as Champion Turf Male, the first time a sprinter has won that category. Get all the winners, details about them, and the vote totals here.
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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.

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.


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.

While there’s no arguing that it can be a bit boring and tedious to go over the history and company information for each casino site, it can certainly save you a lot of headaches if you’re willing to do so. Even just a quick review of things such as when a site was established, where a site is licensed, and who actually owns a site can help you identify not only great places to play, but also questionable places that you should avoid. And it always pays to do a search for player complaints about any site that you’re considering playing at because this can really help you weed out any rogue casinos.
There is also the one last thing that we want to talk to you about and it is called gambling awareness. We know that real money games are fun, we do play them a lot and love getting real money wins. But you should never take it as a primary income source. Of course, if you don’t have the Master’s degree in Math and are not a god of probability theory. It can’t be your main job and you can’t quit your job to gamble. Take your winnings and losses for granted. Eventually, you know what you are doing and what can happen each time you make a deposit. You can get a jackpot and you can loose everything you’ve bet. And if you loose, don’t forget that gambling is the entertainment and entertainments always cost some money. The SlotsUp team wishes you good luck in gambling and hopes you will enjoy our reviews and free demo games.
Japan's top stakes races are run in the spring, autumn, and winter. These include the country's most prominent race - the Grade 1 Japan Cup, a 2,400 m (about 1½ mile) invitational turf race run every November at Tokyo Racecourse for a purse of ¥476 million (about US$5.6 million), currently the richest turf race in the world. Other noted stakes races include the February Stakes, Takamatsunomiya Kinen, Yasuda Kinen, Takarazuka Kinen, Arima Kinen, and the Tenno Sho races run in the spring and fall. Japan's top jump race is the Nakayama Grand Jump, run every April at Nakayama Racecourse.
2018 Eclipse Award Winners - Justify won Horse of the Year and Champion 3-year-old Male at the Eclipse Awards. Other winners included Accelerate as Champion Older Male, Roy H repeated as Champion Sprinter, and Stormy Liberal as Champion Turf Male, the first time a sprinter has won that category. Get all the winners, details about them, and the vote totals here. 

Black-Eyed Susan Day Results - Red Ruby splashed home by 4 3/4 lenghts to win the 2018 Black-Eyed Susan Stakes (G2) at Pimlico in the slop on Friday. There were 6 other stakes on the card including the Pimlico Special (G3) won by Irish War Cry, the Allaire Dupont Distaff (G3) won by Song of Spring, and the Miss Preakness Stakes (G3) won by Happy Like a Fool. Get the results, charts, and photos for all 7 races here.
If, that is, the model were accurate. By the end of Benter’s first season in Hong Kong, in the summer of 1986, he and Woods had lost $120,000 of their $150,000 stake. Benter flew back to Vegas to beg for investment, unsuccessfully, and Woods went to South Korea to gamble. They met back in Hong Kong in September. Woods had more money than Benter and was willing to recapitalize their partnership—if it was renegotiated.
Previously, Dan Holley moonlighted as a freelance writer for gambling publications in addition to his 9 to 5 office job. After years of writing about online gambling, Dan decided to try his hand at reviewing given that he knew the casino world inside out. Now he works full time reviewing casinos for our readers, whilst juggling the demand of family life, and has also been known to frequent brick-and-mortar casinos in order to brush up on his knowledge of real life game play.
The computer-model crowd spent nights in a neighborhood called Wan Chai—a honey pot of gaudy bars and topless dancers that’s been described as “a wildly liberated Las Vegas.” Moore favored Ridgeway’s pool bar, where he’d start fights and boast about his gambling exploits. Woods didn’t drink much, but he enjoyed ecstasy, and he could be found most nights in Neptune II, a neon dungeon full of drunk businessmen and much younger women.

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We've enlisted experts to help explain poker odds and casino pros who can advise on the math behind blackjack strategy. And robust new sections around wagering events such as special features on Super Bowl betting, how to make the best March Madness bracket picks and how to find the best odds when betting the Kentucky Derby. So it’s an exciting time for OddsShark.com and we welcome your opinions, suggestions and feedback on making it the international authority on this exciting topic.
The world’s biggest known accumulator win came in March 2011 in the UK, when plumbing engineer Steve Whiteley managed to win a staggering £1.45 million from a noble £2 bet. Whiteley, from Tawton in Devon, selected six winners on the Exeter Tote Jackpot from a choice of horse race meets across the UK and Ireland. His accumulator consisted of Semicolon (2/1), Black Phantom (12/1), Ammunition (16/1), Mr Bennett (16/1), Lundy Sky (5/1), and Lupita (12/1).
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.
Riding a season-high six-game winning streak, the Boston Bruins continue to strengthen their playoff position in the Eastern Conference by beating teams from the West. The Bruins have earned points in nine straight games and resume a five-game road trip in Sin City tonight. Sportsbooks opened the Golden Knights as -125 home favorites with a total of 5.5.
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?”

The biggest difference between placing a legal sports bet with a casino or racetrack or their online affiliates and placing one with an illegal bookmaker or “bookie” is that with legal betting, you have to put your own money up first. Illegal bookies will let you bet on credit, the most appealing aspect of their illicit business and one that is expected to allow them to continue to operate, and perhaps still thrive, in the brave new world of sports betting.

On the evening of Nov. 6, 2001, all of Hong Kong was talking about the biggest jackpot the city had ever seen: at least HK$100 million (then about $13 million) for the winner of a single bet called the Triple Trio. The wager is a little like a trifecta of trifectas; it requires players to predict the top three horses, in any order, in three different heats. More than 10 million combinations are possible. When no one picks correctly, the prize money rolls over to the next set of races. That balmy November night, the pot had gone unclaimed six times over. About a million people placed a bet—equivalent to 1 in 7 city residents.
Something that is absolutely key to success in sports betting is accepting the realities of what sports betting is and what the possible outcomes are and one of those is that you will have losses. Once you have accepted that losses are a part of betting it frees your mind, reduces the tension, and helps to manage your emotions. You cannot be at your best while you are always tense from trying to resist losing, and interestingly sometimes the more you try and avoid something the more you are drawn towards it ? have you ever had one of those awkward moments when you have caught the eye of a stranger walking towards you and ended up doing a side-to-side dance with each other?
In Manila, Woods lived like a hermit, bingeing on drugs for days at a time, waited on by young women he hired to keep him company. He employed gamblers remotely in Australia and Hong Kong, but he was a difficult boss; he accused staff of stealing, and once he made everyone take IQ tests before telling them all how much smarter he was. Woods started calling himself Momu—short for “master of my universe.”
You need to find your own sports betting approach. The most lucrative options are often the least discussed such as exchange trading mentioned earlier in this article. That’s not to say that you shouldn’t explore the other three sports betting methods scattered throughout. Bonus bagging and finding incorrect prices is certainly the quickest ways to generate a return. If you were to combine the two (methods one and three) you can allow yourself plenty of time to learn more whilst winning.

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.
Sponsored races in which much of the purse money is put up by commercial firms include the King George VI and Queen Elizabeth Stakes and the Durban July. In the United States most of the purse money for the richest events (offering purses in the millions of dollars) is provided by the stakes fees of the owners. Purses were winner-take-all in the early days of racing, but, as the racing of fields of horses came to predominate, a second prize came to be offered. Gradually, third and fourth prizes were added and occasionally fifth. On the average, modern-day purses are allocated about 60 percent to the winner, 20 percent to the second-place finisher, 12 percent to the third, 6 percent to the fourth, and 2 percent to the fifth-place finisher.
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Notable racehorses from New Zealand include Cardigan Bay, Carbine, Nightmarch, Sunline, Desert Gold and Rising Fast.[51][52] Phar Lap and Tulloch were both bred in New Zealand but did not race there. The most famous of these is probably Cardigan Bay. Stanley Dancer drove the New Zealand bred horse, Cardigan Bay to win $1 million in stakes in 1968, the first harness horse to surpass that milestone in American history.[53]
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