If you put $5,000 into a bank savings account and let it draw interest for a year, you could expect to make about $100 to $150. (I think even two or three percent is unlikely these days, but we’ll use this as an example) But many of us get very greedy when using that same $5000 to bet sports and feel that a $1000 or $2000 seasonal profit is unacceptable. Yet this is roughly 10 times what you would have made by putting the same amount of money it into the bank and, personally, I don’t know of too many investment advisors, individual stocks, ETFs, bonds, or mutual funds that can make you a consistent 15 -30 percent each year, do you? 
The Buckeye State has a total of 11 land-based and racetrack casinos. One of its lawmakers, Sen. Bill Coley, notably advocated for interstate sports betting compacts that would include data sharing between jurisdictions at a U.S. Sports Betting Policy Summit in Washington, D.C. in November. That concept is deemed too ambitious by many at the moment, especially given recent rumblings about a forthcoming revised legal opinion on the reach of the Wire Act.
DOC'S SPORTS is bringing in the same soccer handicapper that released plays in the 2014 World Cup and the 2016 Euro Championship. Doc's showed a massive profit in the 2016 Euros, banking over +$5,000 in the one-month tournament while going 8-1 on top plays. They expect similar production at this summer's biggest sporting event and you don't want be left out of this winning.
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.
Believe it or not, some people really do bet on sports for a living. Maybe they work part time at a sportsbook or in some other marginal job in the casino industry, but there is a group of gamblers who bet on sports for their life’s work. With all the math swirling around in our heads after the last bit of the article, it’s hard to imagine anyone wanting to do this for a living.
As to long term rates can be attributed to political battles where players are eyeing the political developments trying to predict the developments in different countries. Already today it is possible to put on the United States presidential election of 2020, and Donald trump is one of the favorites, as well flashed the name Michelle Obama, but that is nothing more than “fake,” but mark Zuckerberg can struggle for a place of honor in the White house.
If you are looking to actually become a success at sports betting, we absolutely recommend you only start once you have enough of a bankroll to survive some pretty bad variance and enough living money for at least a few months. It’s either this or working another job to pay your daily costs while you build up your betting bankroll, but given how tiresome betting can become, working another job and successfully betting sports may be quite difficult.
Horse race betting is usually an activity tied to the Southeast, but Arizona is no stranger when it comes to hosting great races. Residents can place their wagers at tracks such as Turf Paradise Race Course, Rillito Downs Park Racetrack, and Yavapai Downs Racecourse. But, for those looking for a more convenient way to place wagers, they’ll be happy to know that they can do so with the same sports betting sites we’ve previously recommended. Bovada, SportsBetting, BetOnline, and 5Dimes each come with a state of the art online racebook. There also promotions and bonuses for using their racebook which may give you an edge the next time you want to bet on your favorite pony.
Focusing on a single sport also allows you more time to concentrate on finding value in the markets. You can analyze every opportunity in great detail, giving you a better chance of identifying where the very best value lies. This is much harder to do when betting on several sports, as you have many more opportunities to look at. It’s simply not possible to analyze them all in the same level of detail.
Most bettors place lots of wagers because they think it will improve their chances of making money. We can see the logic in thinking this way, but the opposite is actually true. It’s the QUALITY of our wagers that improves our chances of making money, not the quantity of them. And the more wagers we place, the less likely we are to place good wagers.

One can follow many different betting strategies with long-term bets. Above we already mentioned the classic, of betting on the winner of a certzain competition. Apart from that there are also many other options, that we want to present to you. Additionally we want to provide important and helpful tips, that are supposed to lead you to betting success.


Before I delve into rigorous explanations of how a bettor can gain an advantage against the point spread, it is important to understand what the spread actually represents. Point spreads were invented to keep bettors interested in games between teams of different talent levels – if a perennial powerhouse like Alabama plays a mid level team such as South Alabama, you’ll find very few people willing to bet on which team will win the game since Bama would be such a prohibitive favorite. However, most are willing to bet on whether Alabama will ‘cover the point spread’ and win by a certain number of points. If the point spread is 21.5, then the Crimson Tide must win by 22 or more points for their side of the bet to cover, while South Alabama must either win outright or lose by 21 points or less to cover their side. Point spreads are designed so that the probability of each outcome is roughly equal, and are generally set so as to approximate the median score differential between the two teams at the given site of the game.
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.
Serena Williams is the sport’s most dominant player. Going into the 2018 Wimbledon championships, Williams had won seven Wimbledon ladies’ singles titles and 23 Grand Slam singles championships. Even though she took off time in 2017 to have a baby and then suffered an injury in the French Open, she still was the pre-tournament betting favorite at Wimbledon this year. The overall odds looked like this:
The many different games and ways to bet on them offer bettors a wider pool of options to find their edge. Understanding of a particular game or genre of games can give you an edge when betting against outcomes. If you can find a specialty within esports and learn to make consistently smart and valuable bets on it, you stand to make some serious dough.
When Roma and FC Porto clash at the Olimpico in Rome, it will mark the second time in three seasons that these two football clubs have played. The first meeting took place in the 2016-17 season when both Roma and Porto had to qualify for the Champions' League group stage, thanks to poor seasons the year prior. Porto got the better of the Italian club, and they progressed 4-1 on aggregate over two legs. Read More >>
This leaves smart gamblers to find great value opportunities where the general public's opinion is just plain wrong. It also means that great value can be found on events where there is expected to be greater interest than normal by the occasional and casual gambler, who lets be honest, knows nothing or very little in terms of profitable betting strategy. Events like the AFL and NRL Grand Finals and major horse racing events are prime candidates for this sort of opportunity.
These recreational bettors account for the majority of people who bet on sports, but there are also plenty of people who bet primarily to make money. This doesn’t mean that they don’t still enjoy themselves, it’s just that their motivations are different. They generally put a lot more thought into the wagers that they make, and dedicate some time to researching and analyzing the various factors that can affect the outcome of games and events.
Perhaps you’ve heard of the Super Bowl? If not then you should know that it is one of the biggest annual betting events. American football is like a religion in North America. It hasn’t been as globally accepted as other sports but its popularity is growing. The NFL is the most well-known American football league there is but NCAA college football, the Canadian Football League, and a couple other smaller leagues have large followings and bookmakers take a lot of bets on them, so you will never run out of markets to bet. A fresh list of betting lines is usually up every Sunday night during football season and punters can’t wait to get their bets in.
A rules violation can have an impact on wagering results. Recall when the USGA made a ‘big bogey’ according to USGA CEO Mike Davis when it penalized Dustin Johnson one stroke during the 2016 U.S. Open on a murky new rule that was revised to help players who were grounding their putters while addressing the ball. The USGA’s delayed enforcement created a fiasco.
You plan on betting on 160 games during your investment period. You dream of a 55% winning record because your win-loss with a 55% winning record would give you an 88-72 record. That’s an expected profit of +8.8 units. How did we get to that number? To calculate your units, subtract the total of your losses (multiplied by 1.1 to include the vig) from your wins and you’ll get your unit profit.
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.

West Virginia and Marshall both argued in favor of receiving a small integrity fee when the state of West Virginia debated sports betting, but the final bill did not include any such royalties for schools or professional sports leagues. According to an ESPN.com report, universities including Connecticut, Rutgers, and Missouri have also met with representatives from professional leagues to discuss whether they might be able to receive an integrity fee. So far, no state sports betting legislation has passed while including such payments.

In a different study released by FDU’s PublicMind in October 2011, results showed that New Jersey voters thought legalizing sports betting in New Jersey was a good idea. Half of New Jersey voters (52%) said that they approved the idea of legalizing sports betting at Atlantic City casinos and racetracks, 31% opposed it. In addition, there was a significant gender split: a majority of men approved of the idea by a wide margin (65-21), while only 39% of women approved and 41% opposed.[9] The October results were stable, reflecting an earlier poll in April 2011 where New Jersey voters approved the legalization of sports betting in the state by a margin of 53%-30%. However, nearly two-thirds (66%) of voters were not aware of the upcoming statewide referendum on the issue. Age proved to be a divide: voters between the ages 18 and 34 were more likely to approve of sports betting than were older voters. Dr. Woolley commented: "But... younger voters... are far less likely to vote than other voters... As always, a lot depends on who actually shows up to vote."[10]
Most losers base their judgement on a subjective feel for the forthcoming event, relying on an inkling or a hunch about what may happen. The skilled tipsters has a huge advantage over the recreational bettor, finding “value” in the odds, where the true chance of a win is greater than that estimated by the bookmaker. Many punters fail to appreciate the importance of value betting, preferring to subscribe to the “back winners, not losers” school of gambling, which will not make you win 57%.
The Blackhawks Over streak came to an end in Dallas on Saturday after 16 straight Over wins. 8 of those 16 were at home and 13 of past 15 at United Center have gone over and we won't look to buck the trend here when two teams battling for a Wildcard spot meet. The Coyotes come in playing some playoff style hockey tonight and have won 8 of 10. While the atmosphere may be a playoff type one, we don't see the Hawks team capable of playing a tight one. Over is the play here.
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.
As per the introductory text of the proposed legislation, sports betting would have to be approved by voters on a county-by-county basis and there would be a 10 percent tax on sports betting revenue. A total of 40 percent of that allotment would be allocated for general appropriations. Another 30 percent would go toward to “state colleges of applied technologies and community colleges for equipment and capital projects.” Finally, 30 percent would go toward local governments where sports betting is approved and would fund education and infrastructure in those jurisdictions.
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 »
I bet on the Hamilton Tiger Cats yesterday in the CFL. Most people here probably don't follow the CFL but being Canadian, I do. Anyway, Hamilton was 4-5 on the Road. Toronto was 4-5 at Home. The bookies didn't give Hamilton much respect, so the odds were good for me to win. Hamilton paid 2.60 x my bet on a coin flip. Even odds are 1.91 / 1.91 where I bet.

The 10% vig is hard enough to overcome in itself, and placing wagers without solid reasoning and a decent edge is going to chip away at your bankroll and cut into bottom-line profits. There’s a reason why there are so many betting markets available at online sportsbooks, many of which are highly juiced and unbeatable. They know gamblers love the action of betting sports and they’re hoping to entice them to wager more. Don’t fall for this trap.
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.
In football it's possible for example to bet on who will descend or whether a certain team will finish among the top 3, 4 or 5. Additionally goal scorer bets are very popular: Who will score the most goals in a certain season in the Bundesliga or during the World Cup qualification? Additionally it's possible to place long-term bets according to the so-called over/under principle. Here you tip on, whether a certain number - given by the bookmaker - will be surpassed or not reached. One of many examples would be: Will Barcelona score more/less than 90 goals in the league? In this case we have a 2-way bet. The odds will be much lower in this case as it is usual for this betting form. Another 2-way bet would be a head-to-head bet: Who will be ranked higher in the end? Some betting providers also offer so-called coach bets: Which coach will be hired by a ceratin team? Which coach will lose his job next? Sometimes you can also find championship bets, where a clear favorite - in the case there is one - is more or less excluded. You could for example place a long-term bet on the champion of the German Bundesliga, where FC Bayern is not included. The sense in that: The offer per se and the betting odds get more attractive for betting friends! Football has by far the best portfolio regarding long-term bets, just like with other betting forms. Many of the mentioned alternatives can also be found for other sports though. In the motor sports and winter sports sector head-to-head long-term bets are very popular.
Of course, there is a lot more to look for other than good odds and a lot of wagering opportunities when choosing the best sports to bet on. These days, it might be important to be able to place bets using mobile devices and SMS. Maybe you want to easily watch the live action and bet in-play on your favourite sport. Punters want choose a sports that helps them to maximize their earnings and mitigate their losses by receiving valuable bonuses and ongoing promotions. In other words, punters want everything that the best sportsbooks have to offer.
Taken at face value, it sounds as if the AAF is primed to offer the fantasy equivalent of in-game prop betting. That model is currently being deployed with varying level of success by operators such as Boom Fantasy and Fanamana’s InGame Fantasy. However, as a proprietary offering of a professional sports league, it would seemingly qualify as a first.
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.
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]
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]

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For a lot of people, however, these decisions are NOT easy. Some people follow a lot of sports, and are not sure if they want to bet on them all. Others only follow a single sport, and aren’t sure if they want to limit themselves to just that one sport. Then there are those who want to try to sports betting but don’t really follow any sports closely.
“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 Nevada Senate Bill 443 passed in 2015 has made it legal for individual investors to deposit money in a sports betting mutual fund investment entity group for the purpose of betting on sporting events. What are the requirements of sports betting mutual funds and what legal business is needed This sports betting mutual fund entity group is usually a Nevada corporation or LLC formed by gaming executives and sports bettors that manage the fund as a Nevada fiduciary agent. They can solicit funds from investors anywhere in the world. However, major restrictions do apply and is open to anyone that can go through the difficult approval process.

Notably, Delegate Marcus Simon also spoke of introducing his own sports betting bill early in the 2019 legislative session that would aim to legalize the activity by July of next year. When he spoke of the potential legislation in October, Simon alluded to racetracks and off-track betting parlors as potential sites for brick-and-mortar sportsbooks.
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.
Value betting is a pretty simple concept. You use sharp bookmakers (those that don’t limit winning players) as an indicator for value. What I mean by this is that if the bookmaker Pinnacle is offering Man Utd at 2.0 to beat West Ham. Whilst Stan James has Man Utd priced 2.15 for the same game. We can estimate that Stan James are offering us a value bet.
Perhaps you’ve heard of the Super Bowl? If not then you should know that it is one of the biggest annual betting events. American football is like a religion in North America. It hasn’t been as globally accepted as other sports but its popularity is growing. The NFL is the most well-known American football league there is but NCAA college football, the Canadian Football League, and a couple other smaller leagues have large followings and bookmakers take a lot of bets on them, so you will never run out of markets to bet. A fresh list of betting lines is usually up every Sunday night during football season and punters can’t wait to get their bets in.
For once I am very happy about how a round turned out from a betting perspective at this edition of the World Cup. Sweden wasn't up to the task of facing England, and Belgium came through with the milder-than-the public-perceived upset at the big price, so we wound up with a nice profit. Even the other two games didn't bother me too much even though they both ended up as losses. Croatia won as I hoped, but it just took them too long to do it. And Uruguay just didn't show up against France, which happens in soccer frustratingly often. Read More >>
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