There aren’t too many places where horse racing isn’t popular and doesn’t have enough liquidity for accepting bets and stakes. This sport has many showcase events such as the Triple Crown, Grand National, and the Melbourne Cup. The race tracks are always filled with spectators and millions of eyes are glued to television sets and live horse racing streams during these major events. Needless to say, the bookies love this and are eager for you to bet on this sport. Chances are there is a horse race happening right now. Punters can get in on the action almost any time of day all year round and the best horse racing betting sites are ready to greet you with everything you will need. Easy deposits and withdrawals, competitive odds, high betting limits, and live streaming are a few of the things that make the sports of kings more enjoyable. Let’s not forget about all those horse racing bonuses and promotions that are so easy to find. Money back 2nd or 3rd, free bets, and many other types of promotions give punters the edge they need to come out ahead when picking out their sport.

Then, where should we place Sports Betting? Some of you may have noticed that, the fundamental difference between Lottery / Casino and Equity / Fixed Income is whether you are controlled by house or not. Lottery & Casino is Zero Sum game and the winning rate is controlled by the organizer or house. If you compete with the house under such circumstance it’s impossible to win in long-term. On the other hand, Equity / Fixed Income is not Zero Sum but as long as the underlying products perform well you can win endlessly. When it comes to Sports Betting, there are Bookmakers . We compete with them in Zero Sum world and off-course they have built-in margin called Over-round (or Vigorish or Juice), which is up to 10%. Means, theoretically you will lose this % long-term, then it can be positioned between Casino and Equity. However, bear it in mind that Casino is basically governed by law of probability (when you throw dice, the probability of 1 is always 1/6) but Sports Betting is largely governed by Skill (nobody can accurately predict the Barcelona’s next win % against Real Madrid). For this particular points, you may want to see Beat Bookmakers Nicely By Knowing How They Make Money ; 


For most mainstream sports, there’s a wealth of information readily available. Some sports have TV channels dedicated entirely to broadcasting all the latest news, and most newspapers cover the popular sports extensively too. And then there’s the internet. The internet is full of useful sports resources where we can find out pretty much anything we could possibly want to know about any of the major sports.
“When markets become more competitive, prices fall,” says Moskowitz, who was rooting for perennial disappointment England in last Wednesday’s match, because one side of his family is English. He’s typically more hard-headed when he thinks about sports, as shown in the 2011 bestseller “Scorecasting” that he co-authored with Sports Illustrated writer Jon Wertheim, applying economic analysis to sports. A popular working paper by Moskowitz studied sports betting markets for the asset pricing anomalies that we know and love in financial markets.
This all involves placing bets on a large number of games. This is the safest way to generate consistent money betting on sports. By spreading your risk over many games, you diversify your bankroll and investments. Your positive expectation can take over in the long run. Short term fluctuations won't make much difference. Your risk of ruin (chances of going broke) are minimal.
“When markets become more competitive, prices fall,” says Moskowitz, who was rooting for perennial disappointment England in last Wednesday’s match, because one side of his family is English. He’s typically more hard-headed when he thinks about sports, as shown in the 2011 bestseller “Scorecasting” that he co-authored with Sports Illustrated writer Jon Wertheim, applying economic analysis to sports. A popular working paper by Moskowitz studied sports betting markets for the asset pricing anomalies that we know and love in financial markets.
The second question to ask yourself is: What is my betting style? Are you already winning more than you lose and putting away your winnings? Is your bankroll steadily growing, or it is going downhill consistently and requiring you to re-deposit every week? Remember, betting on sports should be fun and if you’re losing money because you’re not making the right picks, then using the services of a professional handicapper could be a good idea to help you recoup some of your lost dollars.
This site is for entertainment purposes only. TheMachinesPicks.com does not accept bets nor place bets for its readers. Online gambling may be illegal in your jurisdiction. It is highly recommended that you check with your local or state government before partaking in online gambling. This site provides NFL handicapping tips, MLB handicapping tips, NBA handicapping tips and NCAAF handicapping tips. If you are looking for a sports handicapper service / sports handicapping expert, who is proven and been around for many years, then you have come to the right place. I have been doing sports handicapping for many years and it has been very successful for me. There is no gambling allowed or supported on this site!.
I want to remind you that if you want the strongest plays available, you are going to want to get signed-up for a premium or long-term subscription with one of our experts. Whether you are someone who likes a lot of action or wants to take a more selective approach, we are confident that we have an expert who can help you start crushing the books on a more consistent basis. 
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A basketball season with 53.5% winners (my career percentage is 53.9%) on 500 bets would on average yield +11.75 units ( (500*.535) – (500*.465)*1.1 ), or +23.5 Stars if my average Best Bet is rated 2-Stars. Using a conservative 1.6% of bankroll per bet (full Kelly at 53.5% at -110 odds is 2.35% of bankroll), or 0.8% per Star, results in an expected return of 18.8%. So, despite a lower overall winning percentage and smaller average wager size, a season’s worth of basketball wagers is fairly comparable to a season of football because there are so many more Best Bets in basketball season.
In February 2011, FDU's PublicMind released a poll which showed that half (55%) of voters agreed "that people bet on sports games anyway, so government should allow it and tax it." On the other hand, approximately (37%) of New Jersey voters concurred that betting on sports is "a bad idea because it promotes too much gambling and can corrupt sports." Again, by a significant margin (70%-26%), voters who already engage in sports betting in office pools tend to be more supportive of legal sports betting than other voters.[11]
Punters that bet on American football look for bookmakers that provide the best odds and the most betting options. The best American football betting sites offer a staggering amount of betting options on each game and many of them have bonuses and promotions that are aimed directly at American football bettors. Enhanced accumulators, free bets, and money back specials are just a few types of wagering incentives that punters should take into consideration.
There are 68 teams that participate in March Madness, and there’s a whole lot of betting that includes bracket betting, standard bets, in-play betting, and lots of props. We’ve included the schedule, which starts with Selection Sunday on March 11 and end with the final game on April 2. That just so happens to be right around the same time the MLB tosses out its opening day pitches.
Odds for different outcomes in single bet are presented either in European format (decimal odds), UK format (fractional odds), or American format (moneyline odds). European format (decimal odds) are used in continental Europe, Canada, and Australia. They are the ratio of the full payout to the stake, in a decimal format. Decimal odds of 2.00 are an even bet. UK format (fractional odds) are used by British bookmakers. They are the ratio of the amount won to the stake - the solidus "/" is pronounced "to" for example 7/1 "seven to one". Fractional odds of 1/1 are an even bet. US format odds are the amount won on a 100 stake when positive and the stake needed to win 100 when negative. US odds of 100 are an even bet.
We’re not saying to just make a decision without putting any thought into it. Take everything we said into consideration, but don’t stress out. All that really matters is that you enjoy yourself, and gamble responsibly with money you can afford to lose. It makes sense to start by focusing on any sports you already follow, but don’t be afraid to try out others at some point. If you don’t follow any sports, start with the popular ones and see how it goes from there. Once you get a hang of it, you might want to try a couple of the more obscure sports.
Chelsea began the season strong on a strong note going 12 premier league games without a defeat to start of their season. They had a healthy 7 point cushion between them and Manchester United when Ole Gunnar Solskajaer took over and now they trail United for the last Champions League spot by 1 point and a game in hand making this game against Manchester City a must win for their Manager.

Now imagine you bet 400 bets in a year and are able to get still a modest 5% average return. That bankroll of $1000 at the end of the 400 bets would be in the ballpark of $1400 and at the end of 5 years that bankroll will be in the range of $5000, and after 10 years, around $30,000 with an average unit of 600. Not bad is it? Of course the hard part is to get that consistent 5% return, and perhaps the harder part is grinding it out until you build that bank up over a number of years. But the point here is to show how starting out modest with a viable bankroll and staking plan, can turn into genuine profits in the long term.
In the United States, it was previously illegal under the Professional and Amateur Sports Protection Act of 1992 for states to authorize legal sports betting, hence making it effectively illegal. The states of Delaware, Montana, Nevada, and Oregon—which had pre-existing sports lotteries and sports betting frameworks, were grandfathered and exempted from the effects of the Act.[6]

On the other hand, if there's a sport that you want to bet on but have no idea how to go about it, then buying a weekly package may work out for you. For instance, if you're looking to bet on the UFC but don't know enough about the fighters and the sport itself, a picks service will give you a detailed analysis on why their handicappers are picking one fighter over the other and why.

There are two main reasons why people choose to bet on sports. A lot of people are what are known as recreational bettors, and they bet primarily for fun. They obviously want to win money if they can (who doesn’t?), but that isn’t what really motivates them. They don’t put any real effort into making good betting decisions, and they don’t take things very seriously. Betting is basically just a form of entertainment for them, and they enjoy it because it makes watching their favorite sports that much more exciting. They also enjoy the challenge of putting their sports knowledge to the test.
It's a widely known concept that the vast majority of sports bettors are going to lose money. The most popular concept is that 90-percent of sports gamblers will lose money over the course of the year, but that doesn't stop people from wagering on sports. When those bettors eventually go broke and cannot wager anymore, there's always somebody else waiting to take their place in line.
One of those close calls came in a loss at Monmouth by a mere 2-points. That doesn't concern me here, as the Iona won the first meeting 103-84 at home. That fact that they lost the most recent matchup is actually a positive. Favorites of 3.5 to 9.5 points who are revenging a same season loss and playing their 2nd road game in 3 days are 122-67 (65%) ATS going all the way back to 1997. 
The most important consideration when buying picks is finding veteran handicappers who are true experts in their field and are also known throughout the industry as being the best at what they do. There are “scamdicappers” out there who overly promote themselves with the aim to deceive. These are horrible people who will provide you with false records in hopes of taking your money. Any of the picks services we promote on OddsShark are thoroughly vetted, trustworthy and don’t make false promises. Check out our Top Picks Services pages for Canada and the United States for more information.
While meets like Saratoga and Del Mar get all the glory in the summer and other meets, such as the Fair Grounds and Gulfstream, may get the best horses in the winter, the blue collar horses of the industry go out every couple of weeks and race. Tracks like Parx, Penn National and Charles Town race almost the entire year. Other tracks, like Mountaineer, run nine months out of the year and can be treated similarly.
The NBA Guru Basketball service has achieved even higher returns in the 5 seasons that the Guru has been with Dr Bob Sports. The NBA Guru has an incredible record of 647-532-20 (54.9%) on his Best Bets over 5 seasons and 1366-1118-41 on a Star Basis for +136.0 Stars (with an extra -0.2 for added juice), which is an average of +27.2 Stars per season. You can risk more of your bankroll per play with the NBA Guru because he has a higher win percentage and fewer plays. I recommend 2.0% of your bankroll per play, or 1.0% per Star on NBA Guru Best Bets.

The 2018 World Cup is one of the most anticipated events of the year. It takes place in Russia from June 14th through July 15th. The final match of the tournament will take place at Luzhniki Stadium in Moscow. The United States will not be participating in 2018 World Cup as they failed to qualify for the tournament. Germany won the 2014 World Cup (4th time) and they are one of the favorite to win it in 2018 along with Brazil, France, & Spain. Doc's Sports, Robert Ferringo, Raphael Esparza, Strike Point Sports, Scott Spreitzer and Indian Cowboy will release daily selections from the 2018 World Cup.
Many times you and a group of friends can get overly competitive when it comes to sports, and this may lead to forming sports pools. Folks should know that this is a completely safe form of legal sports betting. As long as the commissioner or the person handling the pot doesn’t get a cut of the winnings, and you don’t advertise the public to join, you should be well within your legal grounds to form such a pool. Offshore sports betting sites also have great referral programs and contests that you and a friend can join.
On December 7, 1980 the San Francisco 49ers overcame a halftime deficit of 28 points in what became the greatest regular season comeback victory in NFL regular season history. By the beginning of the third quarter, notorious Vegas bookmaker Frank Rosenthal received forfeiture notices from 246 San Francisco bettors totaling more than $25,000 in premature winnings. Rosenthal was able to retain these winnings despite the final outcome of the game due to gambling regulations previously established by the NAGRA.[citation needed]
Legalization of online sports betting will be a state-by-state affair. I am proud to say my home state of New Jersey has been the U.S. leader in modernizing gambling laws. Paddy Power Betfair also runs “retail” sports books on location at casinos and racetracks; on Saturday, it begins running the sports book at N.J.’s Meadowlands Racetrack. You’ll be able to bet on the World Cup final and other sports there. The company will start online betting in N.J. for football in time for the NFL season, followed by college football, pro basketball and hockey. The popularity of “international” sports like soccer remains to-be-determined, Levin says.
So a look at the second important sports betting rule. Preparation! This includes studying your sport, its teams, players, coaching staffs, schedules, past trends, past results on the field and against the spread betting results, season predictions, matchups, possibilities and various other parts and pieces that really dictate who has the best chance to win a matchup. I mean do I really get in-depth with an Alabama vs the Citadel matchup? No. (I don’t bet Bama anyway as they are my team and can’t have my heart dictating money placement) But if I did, this would only dictate a look into the Citadel offense, injuries and possible matchups because I would just be trying to determine if the Citadel could cover the spread. Trying to predict how much a big team will beat a small school by is a very difficult task due to the amount of variables such as motivation of the big team and its players, who sits out due to a nagging injury due to a certainty of winning, will the big school try different things to see what may work, will they just run and eat up clock (ball control offense) after getting a decent lead, does a coach want to score a lot to have an impressive win margin for playoff consideration or the opposite and have no concern just a win is okay,and when will backups come in. These are very difficult to predict so there is no amount of certainty to what will happen which is a no-go for a seasoned bettor. But you can determine the smaller list above and get some idea of how much the smaller school could score and compare this against an average of scores the big school has put up against average competition over the last 3, 5 or how many ever years you see as an equal to the team this year. If I come up with a good estimation that the Citadel can score 13 on Bama, and Bama has scored an average of 42 points on lower level opponents over Saban’s tenure minus year 1, I can see a spread of 29 points would be my prediction (42–13). The sports books have this game with Bama as a favorite to win but by 21 points (-21 which means Citadel would be +21 point underdogs meaning you win your bet on them if the do anything except lose by more than 21 points, at 21 is a push and will pay back your wager). Should you bet this? No. Because you a prediction that they can or should lose by 29 points. So if the spread was +42 for the Citadel, you should feel safe about taking this spread. This would be the base view of a bet. A big part of preparation and study is to have a predictive index and way to rate teams and matchup types which should not only help to see what teams are best to bet on when comparing your weekly predictions but also which matchups are instant throw aways. The predictive formulas are highly important and vary bettor to bettor based on what each sees as important and what factors they believe contribute most to team wins and their chance to win a bet. I spend some 30–50 hours of data compilation (most intensive and time consuming), advanced statistics and analytics analysis (different from standard data from my perspective), data entry, analyzing the compiled data calculated from my predictive indexes, and finally matchups, lines and spreads from the sports books (near the end right before placing wagers). This is compared against any predictions from odds sites or from message boards on betting sites. That is just a test of how my ideas align with other bettors, and basically another little tiny bit of help. But I would have the teams I see as the best to bet against certain level of opponent in my predictive calcs (so maybe I see Bama, Ohio state and Clemson as tier 1; LSU, Michigan, and USC as tier 2; Kansas State, South Carolina and Virginia Tech as tier 3; down to the final tier of Charolette, Kansas and Rice) the teams all get a +/- score against each tier. This allows me to combine the scores of the two teams in a matchup and see over all the possible matchups at a sports book which are the highest on your index meaning the best chance of winning for a team or their chances against the spread. This will usually show me maybe 20 up to 30 matchups which make sense based on my set +/- combined matchup score. From these matchups, I can usually cut down to 12 or less matchups due to the given spreads and odds and seeing the ones that don’t make sense for me or just simply aren’t matchups I have enough knowledge of or belief in. The final matchups are then fully analyzed with a few pages of notes on the matchup. I will pull any and every bit of data I can gather. I have subscriptions to every sports site that offers paid content or any magazines in the area also. It does get expensive but remember it’s a job and you should put all work and money on necessary or your business will fail. These sheets will end in my full matchup analysis based on positional groups, coaching staffs, s&p rankings, and overall player comparison. You can see who will have advantages in specific areas and which of these will be most important to the outcome. If WVU was seen to be better than Tennessee based on their run blocking against Tennessee’s interior defensive line unit, what does that mean to me? Honestly, not much. At best a higher chance of converting on 3rd and short runs to extend drives and time of possession. I know based on my analysis (and just from watching Dana Holgorsen and his offensive philipsophy developed as offensive coordinator at Texas Tech, they will pass early and often) that WVU will live and die by the passing game. So which matchups do I want to focus on? WVU receivers against Tennessee defensive backfield, WVU offensive tackles (and whole line) vs Tennessee pass rush, Tennessee mid-level defense (5–15 yards past line of scrimmage or dependent on linebacker and possibly up safety depth) against underneath passing game of WVU, WVU 3rd down passing offense (1–3 yds, 4–7 yds and 8+ yds) against Tennessee 3rd down defensive unit. I will want to see WVU have a huge advantage in each of these matchups. From my work this year, WVU has a gigantic advantage in WR unit vs the Tennessee backfield, a large advantage against the Tennessee pass rush on the outside and a small advantage against interior pressure, WVU should see success in the underneath passing game and the 3rd down passing offense should see average to slightly below average conversion percentage. I see the biggest advantage and most glaring in this contest to be the WVU receivers against Tennessee backfield (and Will Grier will be a huge catalyst and positive against Tennessee) which is a troubling fact for Tennessee as WVU throws at an above average amount every game. They have a deep-threat and seemingly uncoverable WR from inside to slightly outside the red zone in David Sills V, a sure-handed Gary Jennings who excels at the short to mid-level range, Reggie Roberson who will possibly take the 3rd WR slot and get some underneath work with deep-play speed and finally TJ Simmons (who transfered from Alabama last year and can finally play this season) who has exceptional top-line speed and good strength and power for a WR. This will be one of if not the top WR unit in the country. It will be up against a make-shift Tennessee defensive backfield that lost a few players and are trying out freshman and returning players with little experience for positions. They will use a new defensive scheme under new coach Jeremy Pruitt who lives by the 3–4 base defense. But he will also put a 4th down lineman at times if the rush is constantly succeeding. Tennessee has been running a 4–3 base defense so they will be learning an entirely new defensive concept which requires forgetting prior assignments to learn new ones which will most likely show especially early in the season when guys forget or blow assignments or simply don’t have field awareness yet. This will be helped with another guy in pass-protection (may be just an extra pass-rusher also) with the 3–4, but this will be a player who is covering an area that he has never been tasked with. Even the best cornerback on the team (CB1 who usually covers the other teams best WR so WR1) may not be very good at covering WR3 or the slot receiver bacause you must have quick lateral movement, instincts of when jump routes, quick decision-making and sure tackling abilities to play CB3 (could be designated a DB or other various term such as star). Those traits are not as important or needed on the outside. So back to the matchup, WVU could eat up the short to mid yardage passes which will pull the defense up and then strike with a deep shot. They could eat up Tennessee with deep passes calling for a need to drop another defender into coverage allowing WVU to establish the run or eat up yardage underneath the coverage. Basically, they can do what they want and Tennessee will have problems. Tennessee has a barren pass rush after losing their leading pass-rushers who combined for 8.5 sacks last year as return 4 sacks from last years line. So with little change and an experienced WVU offensive line with solid returning numbers, the outlook is an issue getting pressure and low concern about allowing sacks. Will Grier does most work from the pocket and gets a bit shaky on mechanics outside of the pocket or on the run (but still better than most) so this hurts to not be able to take advantage of this. So with this and the fact that the Tenn offense will struggle due to lack of talent, middling qb play, suspect run game and no established offensive philosophy (they will try a lot in this game and keep at what works maybe even move players around); I have come to a prediction that WVU should win. And with a margin that I feel has the highest chance of falling in the 9–14 point range. This could very well be a 14–24 point win though. I was able to get this bet placed taking WVU with a spread of -6 at -110 odds. With my heavy belief in this outcome and from my analysis saying it makes sense, I bet $5000 on this matchup. This would produce a $9,545.45 payout ($4,545.45 profit) and my belief is that I am getting more than 3:1 on my money (75% chance of winning) so everything makes sense and this bet is the kind I want to find. Note: -6 isn’t a spread offered anymore, I got this quite a while back. It’s now at -9 to 10.5.
The more opportunities we have to bet on a sport, the more selective we can be. Take a sport like tennis for example. Even a bona fide tennis expert wouldn’t be able to correctly predict the outcome of each match in the first round of a grand slam tournament. But he wouldn’t need to. Since there are so many matches, he could focus on finding a few matches that offered genuine value. As there are tennis tournaments taking place virtually every week of the year, he’d ALWAYS have plenty of matches to choose from.
That 60% betting record (with the odds of -110 that is traditional for against the spread bets in football) will leave you with a profit of $160. Think about it—your $600 profit from your 6 winning bets minus the $440 you lost on losing bets leaves $160. It took you $1,100 to win $160, meaning you have to bet $6.87 to win $1 on average. So you see the small differences between a 52.4% winning rate and a 60% winning rate—inside those 7.3 percentage points lies hundreds of dollars in profit.
It is somewhat irresponsible to pinpoint a moment in the Major League Baseball time-warp to state that the "save" morphed into something static. Rather transformed on a specific date in which one can etch in baseball stone.  But for the purpose of this MLB Futures article we will start years after the term save was used by general managers in the late 1950's. As well a time period after sports columnist Jerome Holtzman was the first to give specific criteria to saves in the early 1960's.
For sports bettors, the vig is more expensive than the spreads on a typical Wall Street stock trade. But the growth of online betting—mostly illegal in the U.S.—has started to shrink the vig below 10% in some places, which should eventually make betting a better deal for bettors. That’s what you’d expect, says Toby Moskowitz, a professor of finance at the Yale School of Management and one of the principals with the $226 billion hedge fund manager AQR Capital Management.
Sports betting has resulted in a number of scandals in sport, affecting the integrity of sports events through various acts including point shaving (players affecting the score by missing shots), spot-fixing (a player action is fixed), bad calls from officials at key moments, and overall match fixing (the overall result of the event is fixed). Examples include the 1919 World Series, the alleged (and later admitted) illegal gambling of former MLB player Pete Rose, and former NBA referee Tim Donaghy.
“We are excited to enter into this historic partnership with MLB. We are thrilled to create a one-of-a-kind fan experience for baseball fans,” MGM Resorts chairman/CEO Jim Murren said. “Combining MGM Resorts’ world class entertainment and technology with MLB data will continue to transform a rapidly changing industry. This partnership further amplifies the significance of our GVC JV, firmly establishing MGM Resorts and playMGM as the market leader in partnerships with major sports leagues.”
The rule against gambling in baseball is known as "Rule 21," which is publicly posted on dugout walls and states: "Any player, umpire, or club or league official or employee, who shall bet any sum whatsoever on any baseball game in connection with which the bettor has a duty to perform shall be declared permanently ineligible." People permanently banned from Major League Baseball are also forever banned from entry into the Baseball Hall of Fame, although most such people have been reinstated a few years later by a later Commissioner of Baseball. For instance, Mickey Mantle and Willie Mays were both banned from baseball in 1983 after taking jobs as casino greeters (which would have expelled them from the Hall of Fame had it been allowed to stand); they were reinstated two years later. Only Rose has yet to be reinstated.
Avoid falling into “square” tendencies such as buying favorites down or underdogs up. For example, some bettors always feel the need to buy an NFL favorite of -3.5 down to -2.5. The sportsbooks are smart enough to charge more juice to do this, mathematically making it a bad strategy. The same goes with buying an NFL underdog from +2.5 to +3.5 for example. In 99% of cases I would advise against it. Check out the video I made below about buying points on NFL underdogs.
How did the NBA top a seven-game series that featured, arguably, its top two players? By having the best player not in the series join forces with the loser. Cavalier fans finally got to enjoy a championship, but the joy was short-lived. Kevin Durant bolted Oklahoma City to team up with Stephen Curry and the rest of the Golden State ... Read More »
The cost of my College football service is $895, the cost of the NFL service is $995 ($1,595 for both services), my Basketball service is $895 ($2,195 for all Football and Dr. Bob’s Basketball service), and the NBA Guru subscription is well worth the $1495 given how profitable he’s been ($3,295 for all Football and all Basketball, including the NBA Guru). You must factor in that cost when calculating your expected return on investment (ROI). As explained above, winning 55% on the Football Best Bets and 53.5% on my Basketball Best Bets would yield an expected profit of +45.5 Stars and let’s assume the NBA Guru profits +27.2 Stars as well (he’s averaged +27.2 Stars per season). Let’s say you decide to play 1.0% of your initial bankroll per star on the Football Best Bets and NBA Guru Best Bets and 0.8% per star on the Basketball Best Bets, as in the example above. Doing so would have an expected total return 68.0% per year based on flat-betting using your initial bankroll. Using an optimal betting strategy, as explained in the advanced money management section, would yield even higher long term returns while protecting the downside risk in the inevitable negative variance seasons that plague even the best long term handicappers.
Sen. Denny Hoskins’ (R-MO) piece of proposed legislation, SB 44, includes a 1 percent royalty or integrity fee, but with half of it earmarked toward an Entertainment Facilities Infrastructure Fund that would be used for the upkeep of sports or cultural facilities within Missouri. The bill sets a tax on adjusted sports betting gross revenue at 6.25 percent. A $5,000 annual administrative fee and $10,000 “reinvestigation fee” that sounds more ominous than intended would also apply. The latter would go into a fund that would eventually mature every fifth year when the licensee is re-vetted.
Straight-up bets, also known as the moneyline, are picks that are made on one club triumphing over the other. If Manchester City is playing Watford, in order to make a moneyline wager you’d need to pick one of those clubs to win. If you choose Man City and they do win, you’d win your moneyline bet. If the inverse happens and Watford wins, you’d lose your moneyline bet.
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