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)
One of his most impressive bets was on the 2010 Super Bowl, when he put down $3.5million on New Orleans Saints to beat the Indianapolis Colts. The Saints were the underdogs going into the game with the Colts looking unbeatable, but Billy’s stats and figures all pointed to the Saints as the favorites. He went with it, and it paid off. No one knows how much Walter raked in exactly, but we’re pretty sure it was a hefty sum!
man o' war · Oh, New, you haven't been around these parts, have you. Do you not realize saying anything non la la land about Secretariat brings out the nasty pit bull fans of his. They are so worried about their precious horse, that just thoughts of being superseded by Justify, or even the greatest and still the standard no matter how hard they try, lol (and let them know how WE feel), Man O' War, is taboo. That the horse with the stolen nickname isn't going to be outdone by Justify. His connections are on a mission and so that would never happen. Nice try though. And, if they did build a statue, another one of Secretariat would be put up so as to not be outdone!!!!! · 2 hours ago
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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.
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.
Bill Walters used to be a professional poker player before using his skills as a professional sports punter instead. Over nearly four decades, Walters has bet more money than anyone else in history and continued a winning streak that has earned him hundreds of millions of dollars. He’s living proof that sport betting is a game of skill. Like poker, Walters explains that winning sports punters have to analyze information then calculate risk and potential profits. In an interview with CBS News, Walters described his biggest and most audacious bet of all time. The New Orleans Saints were playing the Indianapolis Colts at the Super Bowl in 2010 and the consensus was that New Orleans were the underdogs. Walters analyzed all the information he had and discovered that it actually favored New Orleans as the most likely winners. He looked at the odds, calculated the risk and potential profit then decided to bet big. Walters bet $3.5 million on the supposed underdogs and New Orleans didn’t let him down. They defeated the colts 31–17 to win their first ever Super Bowl.
The beginning of the modern era of racing is generally considered to have been the inauguration of the English classic races: the St. Leger in 1776, the Oaks in 1779, and the Derby in 1780. All were dashes for three-year-olds. To these races were later added the Two Thousand Guineas in 1809 and the One Thousand Guineas in 1814. (The St. Leger, Derby, and Two Thousand Guineas have come to constitute the British Triple Crown of horse racing.) During the 19th century, races of the English classic pattern—dashes for three-year-olds carrying level weights—spread all over the world. The French classics are the Prix du Jockey Club (1836), the Grand Prix du Paris (1863), and the Prix de l’Arc de Triomphe (1920).
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The original King’s Plates were standardized races—all were for six-year-old horses carrying 168 pounds at 4-mile heats, a horse having to win two heats to be adjudged the winner. Beginning in 1751, five-year-olds carrying 140 pounds (63.5 kg) and four-year-olds carrying 126 pounds (57 kg) were admitted to the King’s Plates, and heats were reduced to 2 miles (3.2 km). Other racing for four-year-olds was well established by then, and a race for three-year-olds carrying 112 pounds (51 kg) in one 3-mile (4.8-km) heat was run in 1731. Heat racing for four-year-olds continued in the United States until the 1860s. By that time, heat racing had long since been overshadowed in Europe by dash racing, a “dash” being any race decided by only one heat, regardless of its distance.
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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.
INDEX can be interpreted as twice the amount of predicted goal diference between home and away goal scores. With the plus sign in favour of home team, with minus sign in favour of away team. E.g. INDEX -4,0 means that our software predicts win of the away team for 2 goals, INDEX +3,0 means that our software predicts win of the home team for 1,5 goals.
For the sports books, the line is flawed if it does not attract the same amount of action on both sides however from a smart handicapper’s point of view, the line is flawed when it does not compute to his predicted outcome of the game. A weaker team can actually become the favorite if public sentiment is with that team. When this happens the underdog presents a huge overlay for the seasoned handicapper meaning that the odds are in his favor. For example Team A should be a 3 point underdog to Team B, however, The public loves Team A and are betting on them and the line moves to make Team A a one-point favorite, then Team B becomes an excellent bet. This is the contrarian principle and why many smart handicappers go against the general betting public.