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.

If you had $20,000 that you could comfortably afford to risk as your sports wagering bankroll and $3,295 went to pay for the all Football and all Basketball service, then you would have $16,705 left for wagering. As explained above the expected return on the combined Dr Bob Football and Basketball and NBA Guru Basketball services is +68.0% per year (using a less optimal flat betting approach), which would result in a return wagering profit of +$11,359 on the $16,705 initial bankroll. The overall profit, after factoring in the cost of the services, would be $8,064 (($16,705 x 0.68) – $3,295 = +$8,064), which is a very good 40.3% expected return on your $20,000. That percentage return is higher for higher bankrolls and lower for lower bankrolls since the cost of service becomes a smaller percentage of higher bankrolls and a higher percentage of smaller bankrolls. If you want to subscribe to the all Football and all Basketball package you would need a total of at least $4,846 to invest to expect a positive return after factoring in the cost of the service. The calculations above are based on expected results based on long term records and some years are better and some years are worse.

The most recent development in Kentucky is particularly interesting. State Attorney General Andy Beshear, publicly threw his support behind the idea of legislators passing an expansive gaming bill in 2019 that would encompass not just sports betting, but daily fantasy sports, casinos and online poker as well. The impetus for Beshear’s stance is relatively straightforward — much-needed revenue for the state coffers, including an estimated $30 million annually from sports betting that would help fully fund the state’s pension systems.
For many states that don’t have regulated laws regarding sports gambling, residents turn to daily fantasy sports as an alternative means to bet. However, Arizona residents do not have that option. While many argue that DFS is a game of skill, based on the analytical research needed to make picks, AZ lawmakers claim that it is a game of chance and therefore prohibited. There are currently no DFS sites that will accept Arizona residents and these include DraftKings and FanDuel. Not even Fantasy Draft or Yahoo will risk allowing AZ residents to sign up. The good news is traditional and legal Arizona sports betting can still be had at online offshore sportsbooks and many of them offer contests similar to DFS sites.
By giving all of your focus to a single sport and doing your due diligence, you can find great value on lines on a regular basis. Remember that public perception factors into the making of point spreads and moneylines as well; if you are way ahead of the public in terms of knowledge on a specific sport, you can spot lines that the average bettor might not.
If boxing was a chess tournament, Mikey Garcia would be the grandmaster. He's never fought at 147lbs before and he's only had two fights at 140lb. Hell, just eight fights ago he was fighting for the featherweight title! Yet of all the fights on offer for him at lightweight and super-lightweight (most notably Lomachenko), Mikey decided to jump up two weight divisions to challenge one of the most feared punchers in the sport today, and the man many consider to be the best welterweight on the planet.
Each better must know his limits and choose the sport, competition and region accordingly. Information is vital – the more you know about the sport, the better for you. The information sources are the Internet, watching TV, participation on the matches etc. Betting according to the actual ranking such as "the third team plays the one but last team" is certainly insufficient.

Sports betting services are provided by companies such as William Hill, Ladbrokes, bet365, bwin, Paddy Power, betfair, Unibet and many more through their websites and in many cases betting shops. In 2015, William Hill generated around 2.37 billion U.S. dollars in revenue with about 13.26 billion U.S. dollars in total being staked / wagered with the company.
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.
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.
The team points out that this kind of practice could be illegal. “Advertising goods or services with intent not to sell them as advertised, or advertising goods or services with no intent to supply reasonably expectable demand but with the intention to lure the client to buy another product (a practice often called ‘bait’ or ‘bait and switch’ advertising), is considered false advertising and carries pecuniary penalties in the U.K., Australia, and the United States of America,” say the team.
Often, a flurry of bills will pass when the urgency of a legislative session’s end presses the point for lawmakers. As it relates to sports betting, the most recent example just unfolded in Michigan. Wolverine State legislators overwhelmingly approved House Bill 4926, the Lawful Internet Gaming Act, in the wee hours of Dec. 21. The legislation passed the state’s Senate by a 33-5 margin and then cleared the hurdle in the House, 71-35. The bill now sits on Gov. Rick Snyder’s desk for signature.
Amidst all the close calls that are separating the top 2(or top-3, if you are a delusional Tottenham fan), Manchester City host Chelsea in the showcase game of the Premier League weekend. Between them, both these teams have won 8 out of the last 14 league titles and 4 of the last 5 to lay a claim to throne of being the most successful Premier League club of the post-Ferguson era.

In November 2014, a poll found that there had been a major shift in attitudes towards sports betting in the United States, showing that 55% of Americans now favored legal sports betting, while 66% of respondents agreed that this should be regulated by state laws, as opposed to federal legislation.[17] The poll also suggested that 33% of respondents disagreed with the notion of legalization.
*For that kind of stuff, read the answer on bookmaker arbitrage that someone will no doubt write, presumably using several thousand fewer words than I have and including several more appealing sounding promises about the guaranteed money you’ll make. I’ve done that too, and it does work, but it’s not quite as easy as some people will have you believe and it’s hard to sustain it. You pays your money and you takes your choice.

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.


In the time since the May Supreme Court decision, both Delaware and New Jersey have begun accepting bets on sports at casinos and racetracks. Mississippi, West Virginia, and Pennsylvania are all hoping to be in the next wave of states to do so, with many seeing the start of the NFL season as a target date for the launch of sportsbooks in these states.
Sports betting is typically a game of small edges. Sure, occasionally we’ll find situations where we are gaining a large edge on certain sportsbooks, but for the most part, it’s about finding inefficient markets and attacking them. There are going to be nights where bettors have a wealth of plays available at their disposal, but betting games for the sake of simply “getting action” is going to cost players big in the long haul.
There’s no doubting that PNC Park is one of the most beautiful baseball stadiums in the country. The Pirates have been asking the state for funds to maintain the stadium for the past five to seven years. Despite being a profitable business, it probably makes sense that the state pay for upkeep since the residents of Pennsylvania paid to build the stadium.
The bookmaker functions as a market maker for sports wagers, most of which have a binary outcome: a team either wins or loses. The bookmaker accepts both wagers, and maintains a spread (the vigorish) which will ensure a profit regardless of the outcome of the wager. The Federal Wire Act of 1961 was an attempt by the US government to prevent illegal bookmaking.[2] However, this Act does not apply to other types of online gambling.[3] The Supreme Court has not ruled on the meaning of the Federal Wire Act as it pertains to online gambling.
The handicapping and odds information (both sports and entertainment) found on SportsBettingDime.com is strictly for entertainment purposes. Furthermore, the unique odds we produce in select news articles are also for amusement, and are not available to be wagered on. We are not a sportsbook and do not take any wagers. We do not endorse illegal online gambling. Before placing any wagers with any of the links advertising betting sites, please check the online gambling regulations in your jurisdiction, as they do vary. SportsBettingDime.com does not target any individuals under the age of 18. Using any of the information found at SportsBettingDime.com to violate any law or statute is prohibited. SportsBettingDime.com is not supported by or linked to any professional, college or university league, association, or team. For further guidelines please visit our responsible online gambling page. Terms & Conditions apply to all bonus offers advertised. Please visit sportsbook operators for details.
The handicapping and odds information (both sports and entertainment) found on SportsBettingDime.com is strictly for entertainment purposes. Furthermore, the unique odds we produce in select news articles are also for amusement, and are not available to be wagered on. We are not a sportsbook and do not take any wagers. We do not endorse illegal online gambling. Before placing any wagers with any of the links advertising betting sites, please check the online gambling regulations in your jurisdiction, as they do vary. SportsBettingDime.com does not target any individuals under the age of 18. Using any of the information found at SportsBettingDime.com to violate any law or statute is prohibited. SportsBettingDime.com is not supported by or linked to any professional, college or university league, association, or team. For further guidelines please visit our responsible online gambling page. Terms & Conditions apply to all bonus offers advertised. Please visit sportsbook operators for details.

The NFL’s official partnership with Caesars Entertainment is a perfect example of the value of contractual relationships between leagues and the casino gaming industry. The partnerships now in place between gaming companies and each of the four major American sports leagues enrich the fan experience and validate gaming’s role as a form of mainstream entertainment.

Odds are, if you are sports bettor, or just a sports fan who makes occasional bets, you’ve seen ads promoting the handicapper who always win and never loses. These ads are found across the internet from professional handicappers offering you their winning picks for a promotional price. But, is it really worth it to fork out a few bucks for what you hope will be picks that translate to winning bets?


The application process is far from just providing standard information. Many applications have been rejected with about 10% being approved. The application process is an attempt to secure very personal and private information about the applicant and any investor willing to endure such scrutiny and invasion of privacy. This would include a background check, source of funds invested and other customer data which is given to a sports book willing to accept the entity betting. In other words, a lot of red tape. If any prospective investors are not dismayed by the application process, there are other alarming issues to confront.
Sportsbooks are huge for Vegas casinos, bringing in $136.3 Million in 2009. The only games which brought in more money were 3 card poker, roulette, craps, baccarat, blackjack, and slot machines. It seems as bettors do well with sports betting as the casino only has a 5.31% win percentage, compared to 11.31% for blackjack, and 12.04% for all table games.
Those that want to bet on baseball throughout the year will be thrilled to know that the Australian Baseball League runs from November through February and it is available for betting at some online sportsbooks such as Betfair. You can also catch the live streaming ABL action and place in-play wagers at 888. That means that punters can get enough baseball bets almost all year round. Even better is the fact that so many bookies hit it out of the park with a large selection of baseball bonuses and promotions such as reduced juice and money back bets.
Reason number two that the bookie wins: He “charges” people to bet. The odds that he offers don’t add up to an implied probability of 100%, the remainder being potential profit for the bookie (known as the “vig” in the US). Depending on the event he might be charging a couple of percentage points (so on average he’ll make $2 for each $100 bet) to a couple of hundred percentage points (so on average he’ll make $200 for each $100 bet). It depends on his certainty around his estimate, how dodgy he is, how dumb he thinks his punters are, how much competition he has, and so on.
The first advantage here is a significant one. If you devote all your time to one single sport, it’s entirely possible that you can become a genuine expert. This will greatly improve your chances of beating the bookmakers. Remember, they have experts working for them. You really need to match the knowledge of their experts to be able to win money consistently. If you can actually learn MORE than them, then you’ll be in a good position to beat them.
Amidst all the close calls that are separating the top 2(or top-3, if you are a delusional Tottenham fan), Manchester City host Chelsea in the showcase game of the Premier League weekend. Between them, both these teams have won 8 out of the last 14 league titles and 4 of the last 5 to lay a claim to throne of being the most successful Premier League club of the post-Ferguson era.

Moskowitz has studied betting on a number of sports, including the National Football League, Major League Baseball, the National Hockey League, and the National Basketball Association. While betting on all of them exhibited behaviorally driven mispricing that created value and momentum effects, the size of those mispricing effects was only about one-fifth the size seen in financial markets. At that scale, they aren’t large enough to overcome the transaction cost of the bookmaker’s vig.
Two Eastern Conference teams fighting to remain in the thick of the postseason bracket square off tonight at Barclays Center. Detroit is in Brooklyn for a 7:30 p.m. ET Monday night affair. The Pistons have surpassed Brooklyn in the East playoff standings off an impressive 131-108 rout of the Chicago Bulls on Sunday. was the fifth straight victory for the Pistons and their 12th in the last 14 games. Brooklyn has done their best to keep pace with Detroit winning three straight.
For now, Paddy Power Betfair will operate like a conventional bookmaker online. To operate an online betting exchange, the company will need that approach to be blessed in state legislation. Levin says the company would also like to see states enter into compacts that would allow the company to share its sports bet liquidity across multiple states.

Patience pays off. It is better off to wait for a promising betting opportunity with high odds at best than to bet on anything. It cannot be recommended to bet on the favorites only. The odds are low and so you collect the wins slowly, while hesitations occur and they can easily put you in the red. Also betting a low amount on a great number of events (the odds are multiplied) can be considered a hobby or waiting for a miracle just like in a lottery.


A very big step to becoming a winning sports bettor is to make sure you are shopping for the best lines. What this means is that you will have to have an account at a couple of different online sportsbooks and when you are ready to make a bet on a certain team or outcome you check the different sportsbooks and find which book is offering the best line for you (this ties in with our advanced how to find max value article). For example, if you are looking to bet on the New England Patriots on a 7 point spread, you would want to check a couple different sportsbooks to see if any of them are offering the Patriots at 6.5 points, or at the very least find the best price you can get them at 7 points at. Over the course of a sport betting season you can win yourself a lot of money from shopping the lines that would otherwise would not be one. Line shopping is definitely one of the best sports betting strategies used by winning sports bettors. To see a list of sportsbooks we recommend signing up for visit our Online Betting Sites section.
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.
When there IS some value in their odds and lines, there are so many other people betting on these sports that it soon disappears. A good price will see lots of money coming in very quickly, and when that happens the bookmakers adjust their odds and lines accordingly. So unless we’re also very quick, we can easily miss out on the best opportunities.
The second is to provide live odds feed for bettors to compare the odds some of the top sports betting sites are offering. As any experienced sports bettor knows, it is extremely important to compare odds and place your wagers using the best odds available to you. This is also referred to as “line shopping”. If you read any of our sports betting strategy articles you will know that this is a must if you want to make money betting on sports.
While strikeouts per nine innings have increased in dramatic fashion the last half decade this trend will not continue. Expect less "swinging for the fences" with a focus on a higher percentage of contact by a hitter.  The theory of putting the ball in play and placing pressure on defenses has recently found success. The Kansas City Royals won the 2015 World Series with the philosophy.  Those same Royals stole bases and had a three headed monster in the bullpen.   
Moskowitz has studied betting on a number of sports, including the National Football League, Major League Baseball, the National Hockey League, and the National Basketball Association. While betting on all of them exhibited behaviorally driven mispricing that created value and momentum effects, the size of those mispricing effects was only about one-fifth the size seen in financial markets. At that scale, they aren’t large enough to overcome the transaction cost of the bookmaker’s vig.

In 1919, the Chicago White Sox faced the Cincinnati Reds in the World Series. This series would go down as one of the biggest sports scandals of all time. As the story goes, professional gambler Joseph Sullivan paid eight members of the White Sox (Oscar Felsch, Arnold Gandil, Shoeless Joe Jackson, Fred McMullin, Charles Risberg, George Weaver, and Claude Williams) around 10,000 dollars each to fix the World Series. All eight players were banned from playing professional baseball for the rest of their lives.[56] Pete Rose, the all-time MLB leader in hits, was similarly banned from baseball in 1989 for betting on games while he was an MLB manager.
When you combine the number of opportunities to make good bets with the fact that baseball is mostly a moneyline betting sports, thanks to its low-scoring games, the odds for the bettor only increase. Betting against spreads is much harder to predict and analyze for value, but choosing a winner is more straightforward, and it’s easier to gain an edge and make solid bets.
There are two key words in sportsbook – information and strategy. Based on information the bookmakers estimate the probabilities of the outcomes of the betting events (e.g. win or loss of a home team, a tie etc.) and offer corresponding odds. Information is important for a better as well to draw a line between good and bad odds. The odds are the main indicator! We will learn how to use it by way of the example below.
MyBookie.ag is the top sportsbooks online. They have plenty of advantages over their competitors starting with a generous deposit bonus of 50% Up To $1,000 . The number of betting markets provided is so vast that Mybookie is the betting site that you can “truly bet on anything.” They offer free credit and debit card deposits. Deposits and withdrawals are also fast and free of charge if you’re using cryptocurrencies.
Let's get this out of the way up front - while the Round of 16 was a classic in terms of play on the field, it was far less classic for me from a betting perspective. It was a case of close but not close enough in most cases - and then I picked Spain, which didn't go well at all. Really, that has been the case for this entire World Cup - I've been mostly pointing in the right directions, but just not right enough to make a profit. But that changes now. We are going to destroy this quarterfinal round. It's fate. Or something. And we are going to be fearless about it and make a pick in each of the four games. Go big or go home. (All odds are from Bovada): Read More >>
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