Set up in 2011, the Nevada Gaming Control Board is the newest interactive gaming licensing body around the globe. The board was founded after state law in regards to online gambling was changed and is extremely strict in its regulation of online casinos present in the US’S iGambling industry. Keep in mind that if you’re a U.S. citizen who lives in Neveda, you’ll need to find an online casino which is licensed by this gambling board.
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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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Horse racing's finest moments. The big wins. The crushing losses. The triumphs and the upsets. Derby wins, stakes events, major races and local highlights. And races at over 300 thoroughbred and harness tracks — U.S. tracks and worldwide — they're all here whenever you want to watch them. Search for video replays by horse, date, or track, or click the "Replays" link next a horse's name in our race programs. Horse racing video from every race since we first went live is yours to watch and review. Over 10,000 hours worth!
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.
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.
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Naming a Thoroughbred - Happy New Year! All Thoroughbreds, regardless of their actual date of birth, are given an official birthday of January 1st to keep the age groups easily defined for race conditions. Here are the rules for picking a name. v 2017 Year in Review - As we near the end of the year, it is time to take a look back at the highs and lows of 2017 and remember those people and horses that we lost.
Placing $460 bets on each of these games, a number pulled from some quick and dirty math about how much you could afford to bet in a single week’s NFL play without blowing your bankroll, would result in a $4,048 profit if you maintain that 55% winning record. Turning $10,000 into $14,048 in just four months is an investment return of 40.48%. I dare you to ask your bank for that kind of return on your savings account.
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.
So maybe you’re wondering how I arrived at my results? Well, the majority of sites list the theoretical return-to-player percentage in the rules of each individual game. I analysed these figures and compiled the range of the RTP for each individual game within each given category. This was not a simple case of picking out the lowest figure and the highest figure, as this could be rather misleading. Take for example slots. When analysing the returns for over 200 games, I could see RTP ranging from 80% – 99%. Yet if there are just one or two games below 90%, and more than three quarters with an RTP above 95%, then it gives a clearer, more accurate overview by discounting these one or two games from the results and adjusting the RTP range accordingly.
Competitive endurance riding commenced in Australia in 1966, when the Tom Quilty Gold Cup was first held in the Hawkesbury district, near Sydney, New South Wales. The Quilty Cup is considered the National endurance ride and there are now over 100 endurance events contested across Australia, ranging in distances from 80 km to 400 km. The world's longest endurance ride is the Shahzada 400 km Memorial Test which is conducted over five days travelling 80 kilometres a day at St Albans on the Hawkesbury River, New South Wales. In all endurance events there are rigorous vet checks, conducted before, during and after the competition, in which the horses' welfare is of the utmost concern.
Historically, equestrians honed their skills through games and races. Equestrian sports provided entertainment for crowds and displayed the excellent horsemanship needed in battle. Horse racing of all types evolved from impromptu competitions between riders or drivers. The various forms of competition, requiring demanding and specialized skills from both horse and rider, resulted in the systematic development of specialized breeds and equipment for each sport. The popularity of equestrian sports through the centuries has resulted in the preservation of skills that would otherwise have disappeared after horses stopped being used in combat.