So this may have been long and a have little bit of unnecessary info, but I know this field and know what I do and make money doing it. I have lost before and my first profitable season came nearly 3 years into my betting “career”. I lost quite a bit those years but kept working and learning more and better techniques which were showing in my increasing winning percentages. I will still lose over certain sport seasons. I take losses in baseball and basketball the most but still have solid win % in both over 5 years. I may be cocky here, but I believe I won’t lose over a season of college football again. It’s my best sport and do study it more than the others. So if you enjoy the rush of seeing your hard work play out over a few hours or quarters, sports in general, the possibility of losing considerable money and the chance of building profits only dreamed of by traditional financial institution and investing; this may be for you.
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As a hobby or something you do just because you like sports and think you can pick winners because you always tell your friends who will win that day, no definitely not worth it as a money-making opportunity or some type of money-management plan to grow your initial investment. But I guess it could be worth it as a fun thing to do and make games a little more interesting. But only like this with small enough bets that losing the money isn’t important. Some will say that throwing away money is always stupid, but giving up $5, $10 or even $100 for some is really no concern. As long as you aren’t cutting into rent or mortgage payments, food budget or just getting by every month due to betting I don’t see why it couldn’t just be for fun if that’s what you want to do.
We will say that online sports betting may not be legal where you live, so please check your local laws before placing bets online at these sports betting sites. And we also want to point out that there have been “scam” type sites in the past known to steal money from their bettors, so make sure you stick with recommended betting sites we list here at The Sports Geek.
Take Under the Total in the game between the Monmouth Hawks and the Iona Gaels. Monmouth (14-20) reached the championship game of the Metro Atlantic Athletic Conference tournament with their 73-59 win over Canisius yesterday. The Hawks have then played 5 of their last 6 games Under the Total against teams with a winning record. The Under is also 23-10-1 in Monmouth’s last 34 games played on a neutral court. Iona (16-15) joins them in the finals with their 73-57 win over Siena yesterday as a 2-point favorite. That game finished below the 138.5 point total — and the Gaels have played 9 of their last 13 games Under the Total after playing a game that finished Under the Total. Iona has also played 13 of their last 20 games Under the Total played on a neutral court as a favorite in the 3.5 to 6 point range. Take the Under. Best of luck — Frank.
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.
“We are pleased to partner with MGM Resorts International, a clear industry leader in the sports gaming area, to work together on bringing innovative experiences to baseball fans and MGM customers,” MLB commissioner Robert Manfred Jr. said as part of Tuesday’s announcement. “Our partnership with MGM will help us navigate this evolving space responsibly and we look forward to fan engagement opportunities ahead.”
This gives you better insight on the winning rate. You really have to locate the good Value Bets of which true value is different from the actual odds the bookmakers set, otherwise you can’t beat the bookies’ odds. It’s not impossible for anybody assuming you go full time with it. However even by doing so it takes a long time to develop your edge over the bookmakers in data collection, analysis, acute insight on the specialized sports category. All of these may take years and you may lose a lot before you acquire those expertise.
Here you will find sports analysis, picks and information. Also you can get more details on how to join our VIP Membership. There are currently 2 Packages available for the correspondent up and running Sports and Leagues. MLB and International Sports are the two packages available at very affordable prices. If you have any questions feel free to contact LordSports! The goal is to deliver real winners day in and day out based on hard work and dedication. Doesn’t matter the sport, league or package! We cover all major US sports, International Leagues and have packages available at bargain prices!
AZ §13-3301 encompasses the full stretch of gambling laws in the Grand Canyon state. As of now, there have been no bills introduced to change these laws or to include language specifically prohibiting or allowing residents to gamble on sports. Since the Governor has publicly mentioned his intentions to rework the tribal compact, many believe that Native American casinos will be the only places in the future to wager on sports. However, there has been no mention as to whether or not those casinos will introduce their own betting apps, or allow residents to place their bets online.
“I think they will all participate and would be shocked if they didn’t,” Pennsylvania Rep. Robert Matzie told the Pittsburgh Post-Gazette earlier this month. “In sports-crazy Pittsburgh and sports-crazy Philadelphia, you’re going to see it bring a lot more people into the casino, watching the big-screen TVs, and when they get those people in the door to bet they’ll also hopefully drop money at the tables or in the slots.”
Searching for such underrated odds is the strategy that promises a long-term success! Of course it does not mean that you will keep winning every time you bet on such underrated event. Sometimes you will win, sometimes you will lose, but if you bet in this way (positive expected value) then, in a long enough period, your balance will be profitable.
Pennsylvania approved a sports betting law in October 2017 and had regulations for sports betting in place in August 2018. The state approved the first sports betting licenses for Hollywood Casino at Penn National Race Course and Parx Casino on October 3, 2018. On November 15, 2018, sports betting began at Hollywood Casino at Penn National Race Course with a two-day test; official sports betting began on November 17, 2018. Hollywood Casino at Penn National Race Course became the first casino in Pennsylvania to offer sports betting. Pennsylvania became the seventh state to offer sports betting.
As a matter of fact, offshore sites like Bovada, SportsBetting, BetOnline, and 5Dimes all have mobile apps that are available for download right from their site. Bovada is the only one in the pack that has an official app in the app store. But, each site is mobile friendly and offers all the latest odds and ease of making deposits right from your smartphone or tablet.
The longer I have been betting, the more I have come to fall in love with the team that nobody likes. In fact, I feel better about a potential bet the uglier it looks on paper. Sounds counter intuitive I know, but the less the general public likes a team, the more I like the look of them in terms of betting value. Especially a team that might have performed well over a long period but may have had a bad run of maybe 4 or 5 games. Just watch the general public jump off them, and watch their value rise.
There are 2 types of people who bet sports. Recreational Punter who bet for fun as a hobby with the hope of winning. On the other hand, Non Casual Punter bet seriously for living or at least Not only for fun. I said people who can make a living sports betting is not many. It’s supposed to be far less than 5% sports bettors who constantly win and they are called Sharp. We don’t know if such 5% successful sports bettors can really make ends meet with just sports betting but at least they don’t lose to the bookies. The rest 95% recreational punters surely loose in the long-run. How do professional gamblers make money in the first place? or What makes the difference between the 2 punters? Yes, “Character”.
Before committing any real money, the researchers tested the idea on 10 years of historical data on the closing odds and results of 479,440 soccer games played between 2005 and 2015. This simulation paid out 44 percent of the time and delivered a yield of 3.5 percent over the 10-year period. “For an imaginary stake of $50 per bet, this corresponds to an equivalent profit of $98,865 across 56,435 bets,” they say.
As the statement points out, NCAA rules bar student-athletes or employees of the athletic departments of member schools from wagering on sports, a policy that won�t be changing anytime soon. But the new study will try to figure out what impact legalized betting will have on NCAA operations, and what the organization might be able to do in response.
Although betting while sober seems like common sense, you’d be surprised how many people bet on sports under the influence. Is it a coincidence that the Las Vegas casinos offer free alcoholic drinks while you are gambling? I don’t think so. I don’t want to sound like your mother here, but betting while under the influence will impair your judgement and should definitely be avoided if you want to become a winning sports bettor.
The NCAA has already had to modify its own rules as states have started to offer sports betting within their borders. The statement notes that the NCAA Board of Governors suspended the current championship policy in May, which previously had not allowed championship events to be located in states that offered sports wagering. That policy, among others, may see a more permanent update in the future.
Touts often claim to be able to hit 60% or higher, but as I explain in my essay on Bayesian Probability, anyone who tells you that their long term expected winning percentage is higher than 60% is deluding themselves. Ten or more years ago a sharp handicapper could win about 60% long term but those days are over, as odds makers have become more savvy in the past decade or so. For a bettor to claim a greater than 60% long term expected win percentage, that would be mean that Vegas would have to consistently release lines with egregious errors, and that simply just does not happen often enough nowadays for claims of a greater than 60% long term expected win percentage. Any short term win rates of around 60% or higher are simply due to blind, short-term luck. For instance, last year (2016) in the first season using a new NFL play-by-play model, Dr. Bob Sports’ NFL Best Bet sides were an incredible 66-26 (71.7%), but that record was enhanced by winning a very large percentage of close games (31-12 on Best Bets decided by 7 points or less) rather than splitting the close ones. It still would have been a great season on NFL Best Bet sides (62%) if the close games had been 50% but I still can’t expect the new model to win 60%-plus on sides based on that one season – although the play-by-play model back-tested at a very profitable 56% winners.
The global gross gaming/gambling yield amounts to more than 400 billion U.S. dollars each year. Gross win from gambling represents the amount of money the gambling operation keeps from the customer’s stakes, wagers, bets etc. less the winning paid out to the customer and before deducting operating expenses. With about one third of the global gambling gross win, Asia is the biggest market for gambling and sports betting in particular. Probably the fastest growing segment of the industry is the online / interactive category, as the global online gambling market has grown at a consistent rate over the last few years from around 20 billion U.S. dollars in 2009 to more than 40 billion U.S. dollars by 2016.
Most sports bettors know just enough to make them dangerous. There is a great difference between being knowledgeable in the NFL and NFL betting. Being able to name the starting offensive line for the Cowboys is not likely to help a person win a bet. What many sports bettors do not realize is they are competing against other bettors who spend countless hours on handicapping, studying trends, injuries, and betting angles. If you fail to study the games, find somebody who does it for a living. A reputable sports service is skilled with sports betting professionals.
Donald Hoover, FDU professor in International School of Hospitality and Tourism Management and former casino executive commented on the results, "Betting on sports is not an uncommon practice for many New Jerseyans, but for the most part, the state doesn't supervise it, doesn't tax it and doesn't take any revenue from it." In 2010 a national poll showed that voters opposed sports betting in all states by a margin of 53-39. Woolley commented on the results, "If some states allow sports betting and profit by it, other states will want to follow." Yet by December 2011, after New Jersey passed its sports betting referendum, the national measure shifted to 42-42. In January 2012, New Jersey Governor Chris Christie signed legislation allowing sports betting in the state after it was approved in a nonbinding voter referendum in 2011. He announced on May 24, 2012 that he planned to go ahead and set up a system of wagering at the state's racetracks and casinos that fall, before the National Football League season ended.
When looking over a lot of college football betting predictions, it’s clear to see that the future might not be etched in stone for the Big 12. Some sports commentators and analysts covering college football spread picks said the Big 12 was unfixable. Well, 2 weeks ago, that statement may have been reasonable, but as of today, there is still ... Read More »
My picks have yielded a much higher risk adjusted return than the stock market. Obviously, the variance from season to season is formidable, but as anyone who had a significant amount invested in stocks or real estate in 2008 can tell you, such swings aren’t limited to sports. In the long run, my edge in what I do is far greater than the edge that you could hope to gain in any other speculative market.
All-everything guard Donovan Mitchell has seen an uptick in his production of late. But even Mitchell's 38 points on 12-of-24 shooting on Friday night wasn't enough for the team to overcome a 114-104 loss to Memphis. Coach Quin Synder and his player personnel are rarely successful unless they defend at a high level. And with the short bench the ability to do so has been an issue. Furthermore it will continue to be such in the latter part of the regular season.
On our Picks page, you’ll notice dollar signs, ATS, To Win and Total O/U. These are all betting terms that you should familiarize yourself with in order to make strategic picks. Under the Last 100 heading, you’ll see the records for the last 100 games played in the Premier League. The table also features the amount of money won (or lost) based on the opening and closing lines, ATS and Total O/U. It may seem like gibberish but don’t worry, we’ll explain each term below.