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Our goal is to make the best online casino reviews, being the most thorough in the online gambling industry. We encourage players to contact us if they have any problems or concerns about one of our online casino reviews. If you need a clarification on one of our points, send us an inquiry. If you think we have misrepresented a casino, give us your opinion and the reasons you think we’re wrong.
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.
Horse racing in Great Britain is predominantly thoroughbred flat and jumps racing. It was in Great Britain in the 17th to 19th centuries that many of the sport's rules and regulations were established. Named after Edward Smith-Stanley, 12th Earl of Derby, The Derby was first run in 1780. The race serves as the middle leg of the British Triple Crown, preceded by the 2000 Guineas and followed by the St Leger. The name "Derby" has since become synonymous with great races all over the world, and as such has been borrowed many times in races abroad.[39]
Benter had achieved something without known precedent: a kind of horse-racing hedge fund, and a quantitative one at that, using probabilistic modeling to beat the market and deliver returns to investors. Probably the only other one of its kind was Woods’s operation, and Benter had written its code base. Their returns kept growing. Woods made $10 million in the 1994-95 season and bought a Rolls-Royce that he never drove. Benter purchased a stake in a French vineyard. It was impossible to keep their success secret, and they both attracted employees and hangers-on, some of whom switched back and forth between the Benter and Woods teams. One was Bob Moore, a manic New Zealander whose passions were cocaine and video analysis. He’d watch footage of past races to identify horses that should have won but were bumped or blocked and prevented from doing so. It worked as a kind of bad-luck adjuster and made the algorithms more effective.
This is the vigorish, also known commonly as the “vig” or the “juice” — the bookmaker’s cut of the action. Oddsmakers try to set betting lines as precisely as possible to attract an equal amount wagered on each team involved in a particular game. They use money from losing bets to pay off people who make winning bets, while keeping a percentage for themselves. That percentage varies, but usually is around 10 percent, so that a successful $25 bet would earn you a $22.50 profit.
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?”
If you’ve ever been tempted by a flutter, you’ll know how bookmakers and casinos stack the odds against you. The clearest example is roulette, where there are 36 red and black numbers plus the green numbers 0 and (in the U.S.) 00. So that’s 38 possibilities in total. When betting on red or black, the odds of choosing correctly are 18/38, and a fair payout for a $1 stake is $2.111. However, the house pays only $2 and keeps the difference. In that way, it guarantees itself a profit.

Some of this is easy enough to read. The Redskins -4 means the Redskins are favored to win and must do so by at least 5 points for a bet on the ‘Skins to pay out. The next number (-200) is the moneyline, in this case the Redskins are a 2/1 favorite. The last number (38) is the total, the over/under of the expected number of points scored in the game.
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.
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.
In case you are the experienced gambler, you will hardly find something new here. But if you are just a newbie and still don’t know which online casino to choose, you’ve come to the right place. We are glad to tell you more about different types of online casinos and payment systems, how to use them, how to make your first deposit or withdraw your first win and all the other things that you need to know before creating the account in an online casino and making a first deposit. These things may look very simple but need some time to get into. Of course, you can do it by yourself and try to understand everything on your own experience but we want you to spend your time playing casino games but not reading tutorials and tons of online casinos reviews. So you can rely on the SlotsUp team that will introduce you to the gambling industry basics. Let’s start from the very beginning and explore what types of online casinos you can meet on the gambling market.
There are many ways to analyse the tipsters to understand which are the best bets. We provide profit figures from all bets for the sport over the past six months, profit consistency figures so you can see which of the last 6 months the tipsters have yielded a profit in and other interesting factors like profits this month or week or days in profit. The easiest way to see all this information is through the OLBG Sports Betting Tips app. Install it now from iTunes or Google Play and make sure that you consult expert tipsters before placing each bet you make. 
Betting Trends – Members see the action come in bet by bet. We currently track betting percentage data from 7 online sportsbooks. Monitoring betting trends data is one of the most vital tools used by successful professional handicappers to find value within the sports betting marketplace. You’ll know which teams the public is chasing and which teams the sharps are pounding. When the public loads up on one side, sports books are forced to move the line to attract money on the other team to reduce their risk. Sportsbooks knowingly leave money on the table for you to grab.
It is important to review what kinds of payment methods the casino accepts when making deposits. We will list all major credit cards that are accepted at the online casinos in our reviews. As well as any other forms of payments, like bank and wire transfers, various e-wallets, and Bitcoins, to name a few. In most cases, deposits will be immediately available in a players account. Additionally, look out for any additional fees that may be charged for making a withdraw. Most casinos have a minimum and maximum amount depositing amount per payment type.
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.

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On reading our online casino reviews, you’ll notice that we always try to make sure that each and every casino meets certain important requirements that gamblers value. We have gone to great lengths to ensure that, should you visit any of the casinos found on our site, you will have the gambling experience that you deserve. Have a look at the following criteria we use to judge the casinos below if you’d like to find out more about our selection process.
Every casino online claims to have the best sign up bonus. All the sites we recommend have generous bonuses, although the actual amounts might vary. That said, while one site might offer $1000 in bonuses, the terms might be such that for your style of play, you'll be better off at the site giving $200 bonuses. That's why it can help to read our reviews before you choose where to play.
Having interviewed key people from inside the industry it is clear that thinking in part like a bookie and not a punter is a key to success. Bookies know how punters think and the betting industry encourages and entices the behaviours that will leave most people parting with their hard earned cash. Being aware of and avoiding the traps and temptations presented to you including fun bets and online casinos and utilising all of the resources you can to give yourself a competitive advantage is the goal ? to create the conditions and opportunities for success.
One of the reasons I eschewed betting on horse racing was that, based on the Racing Post’s league table of newspaper tipsters, only two showed a profit. Listeners to Radio 4’s Today programme, meanwhile, might also be familiar with the Racing Tips, breezily announced each morning. But as was conceded last December, had you put £1 on every bet the presenters passed on in 2014, you would have ended up £62 out of pocket.
New William Hill online customers only. Min. unit stake of £10/€10 at odds of 1/2 or greater. Only the “win” part from EW bets will count. Free bet terms, payment method & country restrictions apply. Free bets credited as 3 x £10/€10. Free bet stakes are not returned as part of the settlement of successful free bets. All Free Bets must be wagered within 30 days. 18+. begambleaware.org. UK & ROI residents only.
Horse racing in South Korea dates back to May 1898, when a foreign language institute run by the government included a donkey race in its athletic rally. However, it wasn't until the 1920s that modern horse racing involving betting developed. The nation's first authorised club, the Chosun Racing Club, was established in 1922 and a year later, the pari-mutuel betting system was officially adopted for the first time.[73]
There are three founding sires that all Thoroughbreds can trace back to in the male line: the Darley Arabian, the Godolphin Arabian, and the Byerly Turk, named after their respective owners Thomas Darley, Lord Godolphin, and Captain Robert Byerly. They were taken to England, where they were mated with mares from English and imported bloodlines.[19] The resultant foals were the first generation of Thoroughbreds, and all modern Thoroughbreds trace back to them. Thoroughbreds range in height, which is measured in hands (a hand being four inches). Some are as small as 15 hands while others are over 17. Thoroughbreds can travel medium distances at fast paces, requiring a balance between speed and endurance. Thoroughbreds may be bay, black, dark bay/brown, chestnut, gray, roan, white or palomino. Artificial insemination, cloning and embryo transfer are not allowed in the Thoroughbred breed.[20]
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