As Web technology advances, online casinos are becoming more adaptable. Casinos focusing on one group of players with one software platform are diminishing. The growing instant play platform has led to a growing trend of multi-software, multi-gaming casinos that allow players to access much more entertainment on a single site. In addition to the casinos that use several different software providers, many will also include numerous other betting options like sports, poker, live gaming and financials.
At many horse races, there is a gambling station, where gamblers can stake money on a horse. Gambling on horses is prohibited at some tracks; Springdale Race Course, home of the nationally renowned Toronto-Dominion Bank (TD Bank) Carolina Cup and Colonial Cup Steeplechase in Camden, South Carolina, is known as one of the tracks where betting is illegal, due to a 1951 law. Where gambling is allowed, most tracks offer parimutuel betting where gamblers' money is pooled and shared proportionally among the winners once a deduction is made from the pool. In some countries, such as the UK, Ireland, and Australia, an alternative and more popular facility is provided by bookmakers who effectively make a market in odds. This allows the gambler to 'lock in' odds on a horse at a particular time (known as 'taking the price' in the UK). Parimutuel gambling on races also provides not only purse money to participants but considerable tax revenue, with over $100 billion wagered annually in 53 countries.[75]
In September, after a long campaign to reach him through friends and colleagues, I received an email from Benter. “I have been avoiding you, as you might have surmised,” he wrote. “The reason is mainly that I am uncomfortable in the spotlight by nature.” He added, “None of us want to encourage more people to get into the game!” But in October he agreed to a series of interviews in his office in downtown Pittsburgh. The tasteful space—the top two floors of a Carnegie Steel-era building—is furnished with 4-foot-tall Chinese vases and a marble fireplace, with sweeping views of the Monongahela River and freight trains rumbling past.
Obviously, sportsbooks are going to take more than two bets on any game, but this example is for simplicity’s sake. Looking at the total number of bets on different games over the course of a week and adjusting the moneyline and other numbers is another way the bookie makes a profit. Adjusting the odds a tiny percentage point in either direction will affect the balance of beats and make the book more likely to turn a profit no matter what.

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.


We're going to share with you the most important secret of winning your sports bets: follow the news and use the right tools! On our website we bring quality content to bettors who want to stay up to date with the latest developments. You will find live stats, live streaming, daily predictions and football tips, our expert level analyses of bookmakers or soccer news, therefore many tools are available to help you place the winning bets and increase your gains .
The smaller you bet as a percentage of your bank the more the maths moves in your favour, if you have £100 and only bet £1 a game then over £100 bets you should be up, if you only do 2 bets of £50 each then although the odds are in your favour you could easily lose both bets. Once you choose your bank and staking plan stick with it as if all your bets are arbs you will win money over time.
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The robo-bettors’ numbers have continued to proliferate. After Woods’s death, his children maintained his Hong Kong operation, but other members of the team went into business for themselves. And Benter spread the secrets of his success in various ways: He gave math talks at universities, shared his theories with employees and consultants, and even published an academic paper laying out his system. The 1995 document—“Computer-Based Horse Race Handicapping and Wagering Systems: A Report”—became a manual for an entire generation of high-tech gamblers.
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A breakthrough came when Benter hit on the idea of incorporating a data set hiding in plain sight: the Jockey Club’s publicly available betting odds. Building his own set of odds from scratch had been profitable, but he found that using the public odds as a starting point and refining them with his proprietary algorithm was dramatically more profitable. He considered the move his single most important innovation, and in the 1990-91 season, he said, he won about $3 million.
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The following year the Hong Kong Jockey Club phoned Benter at an office he’d established in Happy Valley. He winced, remembering the meaty hand of the Las Vegas pit boss on his shoulder. But instead of threatening him, a Jockey Club salesperson said, “You are one of our best customers. What can we do to help you?” The club wasn’t a casino trying to root out gamblers who regularly beat the house; its incentive was to maximize betting activity so more revenue was available for Hong Kong charities and the government. Benter asked if it was possible to place his bets electronically instead of over the phone. The Jockey Club agreed to install what he called the “Big CIT”—a customer input terminal. He ran a cable from his computers directly into the machine and increased his betting.
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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Our ELO Football Ratings are a big part of how we select teams, and they are unique to Punters Lounge to the envy of many websites who have failed to replicate them. They are unique in that they identify teams that have perhaps not got the results they deserve, yet are still playing well and well worth following and usually at bigger odds than they should be!
2018 Belmont Festival Friday Stakes Results - Friday at Belmont Park had 5 stakes races: the True North (G2) won by Imperial Hint, the New York Stakes (G2) won by Fourstar Crook, the Belmont Gold Cup Invitational (G2) won by Call to Mind, the Bed o'Roses Invitational (G3) won by Lewis Bay, and the Tremont Stakes won by Our Braintrust. Get the results, charts, and photos 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.
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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Afterward, Hong Kong’s tax authority began to investigate the Woods syndicate. By law, gambling winnings were exempt from taxation, but company profits weren’t. The question was whether the syndicates had moved beyond conventional betting and started behaving like corporations. The implications would be dire if the Inland Revenue Department decided to tax profits retroactively. When agents asked Woods for a list of his investors, he fled to the Philippines.
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.
Blended Citizen eats up the Jeff Ruby Steaks (G3) - Saturday, Blended Citizen held off Pony Up by a neck to win the Jeff Ruby Steaks (G3) at Turfway Park while favorite Hazit stumbled and finished last. Also on the card, Go Noni Go won the Bourbonette Oaks (G3), Camelot Kitten won the Kentucky Cup Classic, Alternative Route won the Rushaway, and Sky Flower won the Latonia. Get the results, charts, and photos here.
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.
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