We use cookies to personalize contents and ads, offer social media features, and analyze access to our website. In your browser settings you can configure or disable this, respectively, and can delete any already placed cookies. For details, please see your browser’s Help section (by pressing F1). Please see our privacy statement for details about how we use data.
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.

In-play betting. In-play betting is a fairly new feature offered by some online sports books that enables bettors to place new bets while a sporting event is in progress. In-play betting first appeared towards the end of the 1990s when some bookmakers would take bets over the telephone whilst a sports event was in progress, and has now evolved into a popular online service in many countries.[1] The introduction of in-play betting has allowed bookmakers to increase the number of markets available to bet on during sports events, and gamblers are able to place bets based on many different types of in-game activity during the matches. For example, in football matches, it is possible to bet in on in-play markets including the match result, half-time score, number of goals scored in the first or second half of the game, the number of yellow cards during the match, and the name of the goal scorers. [1] The availability of a particular sport and in-play markets varies from bookmaker to bookmaker. In-play sports betting has structural characteristics that have changed the mechanics of gambling for sports bettors, as they are now able to place a larger number of bets during a single sports game (as opposed to a single bet on who is going to win). One of the most important differences between being able to place an in-running sports bet opposed to a pre-match bet is that the nature of the market has been turned what was previously a discontinuous form of gambling into a continuous one. The gambling study literature has suggested that in-play sports betting may offer more of a risk to problem gamblers because it allows the option for high-speed continuous betting and requires rapid and impulsive decisions in the absence of time for reflection.[1] There are three different types of in-play sports betting products(cash out, Edit my Acca, and Edit my Bet).


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.


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.
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.
Multi-bets. Parlays. Teasers. Whatever you like to call them, know when to bet them and when not to. Sure they offer the promise of the big score, the big pay day, but unless you have done your analysis and have located true value, they are a terrible way to bet. Look at it this way. If you place a multi-bet of 4 legs, and you were getting full price even money odds of 2.00 for each leg, the odds for that multi would be 16.00. Now lets look at a real world example where you're being offered lets say 1.90 for 'even money' with the bookmaker taking out 5%: the odds for that same 4 leg multi would be just 13.00. That's taking out close to 19% of the full price of that bet.
Join Buster Sports for their CBB BEST BET OF THE DAY. Buster Sports swept their NBA/NHL BEST BET BONUS last night as both games were the easiest of winners. Tonight Buster sports have isolated one game on the CBB slate and made it their CBB BEST BET OF THE DAY. Its NINE DOLLAR MONDAY at WagerTalk and you get this 4% BEST BET RELEASE for ONLY $9. ...
You even have an advantage over the bookies to help you. That’s the advantage of not having to bet. Bookies are expected to make markets on a whole host of sporting events, and honour those prices if someone tries to bet on them. You don’t have to do that. You can focus on the stuff that you can understand better, that you have good data on, that you have models that provide good odds estimates on. You can sit and wait for the times the bookies get it wrong, because among all the noise they do get it wrong sometimes. You wait, and you wait, and you wait as long as you need to wait. Then you bet. And you do so with the odds in your favour and vig eliminated as much as possible.
TheSportsGeek.com is not an online gambling operator, or a gambling site of any kind. We are simply here to provide information about sports betting for entertainment purposes. Sports betting and gambling laws vary by jurisdiction. We are not able to verify the legality of the information we provide, or your ability to use any sites that are linked to on this site, for every combination of your location, the sites’ location, and the type of service those sites provide. It is your responsibility to verify such matters and to know and follow your local laws.
Corruption in tennis has been long considered as issue.[59] In 2011, the former world No. 55 Austrian tennis player, Daniel Koellerer, became the first tennis player to be banned for life for attempting to fix matches. The violations were outstanding between October 2009 and July 2010 after The Tennis Integrity Units had launched an investigation on behalf of the International Tennis Federation and the ATP and WTA tours. In 2004 and 2006, Koellerer was banned for six months due to his bad behavior. In addition, on August 2010, he facilitated betting by placing odds for matches and had links for placing bets.[60]
If there is one sport that has the ability to draw punters out of the woodwork it’s golf. Major events such as the Masters, the US Open, and the PGA Championships are watched and bet on by millions of people around the world – so there will always be demand to bet on this sport. The best golf bookmakers make it easier to tee off on them by offering a plethora of betting opportunities and golf promotions. Punters can take advantage of free bets, money back wagers, and acca insurance on their golf accumulators. Top golf sportsbooks offer live streaming coverage and plenty of in-play betting. Golf is definitely not the most exciting sport to watch but it gains a lot of appeal when you make lots of money out of it. Be sure to keep an eye on the promotions section at Gamblingjudge.com to find the latest golf bonuses and promotions.

Betting on football matches is becoming more popular year on year, with a growing number of online bookmakers available to bet with. With football one of the world’s most popular sports, it is little surprise to see so much money is bet on the biggest games every day, with popular football betting markets including accumulators, both teams to score (BTTS) and goalscorer markets.
Mississippi became the fourth state in the United States to launch sports betting operations on August 1, 2018 when Gold Strike Casino Resort in Tunica Resorts and Beau Rivage in Biloxi started taking wagers.[35] On August 30, 2018, West Virginia became the fifth state to launch sports betting, with Hollywood Casino at Charles Town Races the first casino to offer sports betting.[36] New Mexico became the sixth state to offer sports betting on October 16, 2018 with the launch of sports betting at the Santa Ana Star Casino in Bernalillo.[37]
One of those is David “Vegas Dave” Oancea, who pled guilty in federal court in January for charges involving using phony Social Security numbers at Las Vegas casinos in transactions of more than $1.2 million. Oancea initially faced 19 felonies, but ultimately pled guilty to a misdemeanor charge by admitting to causing violations of record keeping and procedures.
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.
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.
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.
Machine learning models can make predictions in real time based on data from numerous disparate sources, such as player performance, weather, fan sentiment, etc. Some models have shown accuracy slightly higher than domain experts.[61] These models require a large amount of data that is comparable and well organized prior to analysis, which makes them particularly well suited to predicting the outcome of Esports matches, where large amounts of well structured data is available.[citation needed]
It might not be the most physical pursuit but snooker involves a lot of skill and the steadiest of hands. You may be surprised to know that professional snooker players stand to make millions of dollars over the course of a career. Compared to some other more sports, snooker has a much smaller following.  This obviously carries over to the sportsbooks in that they see much less betting action on snooker as they do with football or rugby. Nonetheless, almost every bookie worth their salt offers this game for betting. The best snooker bookmakers make sure that you won’t have to miss out on any betting opportunities. Match betting, correct scores, total frames, and spread bets are just scratching the surface. Aside from picking outright winners in tournaments, punters can usually pick from 20 or 30 propositions on any match. When you pick the right bookie you can also watch live snooker streams and participate in live betting. As always, there is a treasure trove of free bets, money back promotions, and other betting incentives that will give you a leg up on your bookie.
“We couldn’t be more excited to work with one of the world’s largest gaming and entertainment companies,” said Renie Anderson, senior vice president, NFL partnerships, sponsorship and consumer products. “Combining the NFL with Caesars’ expertise in world-class entertainment will provide our fans unique experiences both here in the United States and abroad.”
There are other things too, but those are the key things you need to deal with. So the bookie makes money by adding the gains from knowing the odds better to the gains from being paid the vig. The way you’re going to make money is by making sure that the losses from paying the vig are less than the gains from knowing the odds better. It’s just maths.
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.
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 >>

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.


If there is one sport that has the ability to draw punters out of the woodwork it’s golf. Major events such as the Masters, the US Open, and the PGA Championships are watched and bet on by millions of people around the world – so there will always be demand to bet on this sport. The best golf bookmakers make it easier to tee off on them by offering a plethora of betting opportunities and golf promotions. Punters can take advantage of free bets, money back wagers, and acca insurance on their golf accumulators. Top golf sportsbooks offer live streaming coverage and plenty of in-play betting. Golf is definitely not the most exciting sport to watch but it gains a lot of appeal when you make lots of money out of it. Be sure to keep an eye on the promotions section at Gamblingjudge.com to find the latest golf bonuses and promotions.


US Racing is not a racebook or ADW, and does not accept or place wagers of any type. This website does not endorse or encourage illegal gambling. All information provided by this website is for entertainment purposes only. This website assumes no responsibility for the actions by and makes no representation or endorsement of any activities offered by any reviewed racebook or ADW. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country. Any use of this information in violation of federal, state, provincial or local laws is strictly prohibited.


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.
Several additional states such as Louisiana, Connecticut, Mississippi,[30] Maryland, Massachusetts, Missouri, California, South Carolina, Iowa, Illinois, Kansas, Kentucky, Indiana, Michigan, Minnesota, Oklahoma, Ohio, New York, and West Virginia,[31] began drafting bills to legalize sports betting soon after New Jersey and Delaware. Pennsylvania,[32] Rhode Island,[33] and West Virginia were able to pass legislation legalizing sports betting within their states.[34]
If you’ve never heard of eSports, chances are you’re closer to your 40s than your teens. These are electronic sports, essentially competitive video gaming. Sportsbooks in Nevada recently got the OK to take bets on eSports, which are extremely popular with young people. They’re also lucrative. Top professional video gamers can make more than $1 million per year playing games such as League of Legends, Rocket League or Call of Duty (among hundreds).
The oddsmakers have come up short in our opinion on this total as they have this at 6 it should be set at 6 1/2 all day long. As we have all year in the NHL, we will take advantage of this mistake. Carolina are playing their third game in 4 nights and now have to play in the altitude of Denver. It will be tough for the Hurricanes to play a solid defensive game tonight. In fact, Carolina has not been playing much defense at all lately allowing an average of five goals a game in their last 3 games. The total has gone OVER today’s posted total in 7 out of the last 8 Carolina games. As for Colorado, they always play much better at home and also score more at home. In their past 5 home games, they have averaged 4 goals per game. With both clubs fighting for a playoff spot you will see both clubs going all out for the victory tonight and pushing the total over 6. The fact that the Over is 6-2 in the last eight meetings in Denver just solidifies our selection. So lets get the job done with the Carolina/Colorado game OVER 6 as your free play for today.

January into February is about the NFL Playoffs and Super Bowl. This weekend the divisional games will be held, and then the following weekend the conference championships will be played. Two weeks later on February 4, it’s the Super Bowl, which is brimming with props! In between the conference games and the Super Bowl, the NFL will offer its Pro Bowl on January 28.

As your bankroll increases (or in some cases, decreases) after each week, so will the size of your bets. Betting on sports will usually come in winning or losing steaks and this strategy allows you to bet more when you are winning and cut back when you are losing. Using this method will also allow you to never go broke since you are essentially starting out with a new bankroll and betting about 20% of that new bankroll each and every week.

An old sports betting strategy is to bet on home underdogs. The theory is that teams are usually more inspired to play at home, and they will often not fold if they are down like they may when on the road. Betting home dogs in the past could have made you money, but this isn’t true as much anymore. You can read the current betting market article to learn why.
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.

Along with professional gamblers, the show also features Seattle Seahawks quarterback Russell Wilson, sports broadcasting icon Brent Musburger, and comedian Cousin Sal. While some bettors and handicappers may not be pleased with publicizing some of the negative sides to sports wagering, producers are hoping viewers give the series a chance as they try to show a season from all angles.
Which one has the best odds, provides the most comprehensive coverage, and gives you widest range of betting options? Which bookmaker has the best bonuses and promotions for you? Which site gives you the most payment options, fast withdrawals, and suitable betting limits for this sport? The answer isn’t as clear-cut as you might expect. Sure, there are a lot of excellent bookies out there that offer most of the aforementioned features for most sports but punters really need to add another crucial factor into the equation. “What sport am I passionate about?” Once you have answered that then you can proceed to find out where you can get the best odds, most betting opportunities for that particular sport, and relevant bonuses and promotions as well as all the other bells and whistles.
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.
On the flip side, I bet sports as basically a second income. I am very thankful to have a job in engineering that affords me the opportunity to bet enough to accomplish this and leaves me a safety net to lose what I put in and be okay. Just an example is for college football season this year (2018), I put in $10,000 for the regular season. I can do what I want within the season with that but will not buy back in. I also will never exceed $10,000 in bets at one time. My account will always be viewed as having $10,000 during this season because I never want to bet more because I have won and have profits. That is a common problem for gamblers and it really is difficult to avoid the thought of well I can make so much more if I bet this much more. It is 100% true that money management is the most important aspect of sports betting. If you can’t do this well, you may get into serious financial trouble at worst, and less important but still relevant, you will not be able to beat the sports books constantly or over time without understanding which bets make sense by realizing how much to bet, which lines to bet and which matchups offer the highest win and payout percentages. Most hobby betters bet based on how much they can win in a bet, a handicapper or shark bets where they are getting the best odds for their money. Maybe they don’t even believe in the team to win, but if the value makes sense, they will wager on it because it makes sense financially. So an example is you have $2000 and want to bet on at most two games. The average person would tend to bet on as many outcomes as possible but in this case would take two teams and we will say standard line of -110. What has happened is that you have really damaged your chance of making a profit on this bet. This is due to beginning each matchup with a basic, implied odds of 52.38% which means you have this % chance to win one game. This comes from the line of -110 (if it was -100 or even odds, you would have a 50% chance to win) which converts to 1.91 decimal odds. You divide 1 (one bet) by the decimal % (1/1.91) and get 52.38%. So on two games, at -110, you will have 13/5 fractional odds (just an example here) to win or 2.6 decimal odds so you should divide 1 by 2.6 which gives you 38.46% implied odds to win both bets. What would the bets pay out? Win one at $1000 with -110 (1.91 decimal odds so 1.91*1000=payout) and you get $909.09 profit from the win and a total back of $1909.09 with your bet amount returned. So maybe you can see why 2 bets wouldn’t be a great investment. If not, here’s why. Say you win just 1 of the two matchups, you get the payout of $1909.09 so you have lost money on your bets for the day. And with only a 38% chance to win (usually will be a little less maybe a little more depending on the odds and line) both bets and taking $1818.18 in profits, you are not going to beat those percentages over time which is the only thing that matters to a professional bettor. Putting all of your money on one outcome offers the best chance to win and the same payout amount so obviously you are getting a better return on your money and will have a better chance to walk away with a profit at season’s end. So this is a very simplistic example and doesn’t take into account lines or the options of taking the points for an underdog with a decent positive moneyline. Just a rule to state here: never bet more than you can afford to lose or care about losing.
TheSportsBetExpert.com is not responsible for any decisions made, financial or otherwise, based on information or links provided by on TheSportsBetExpert.com. TheSportsBetExpert.com does not guarantee winnings and cannot be held liable for losses resulting from the use of information obtained from here. TheSportsBetExpert.com does not offer bookmaking services or gambling capabilities on its website. TheSportsBetExpert.com is a sports information website and TheSportsBetExpert.com is not responsible in any way regarding picks and predictions. If you encounter gambling problems please contact gambling help authorities in your area.
Wow, 2018 flew by and was a great year in sports overall. We enjoyed a lot of success with the free picks here at The Sports Geek and have grown our great team of handicappers. 2019 is shaping up to be a great year with new experts joining the team and a new website to launch early in the year. We will continue to grow our Daily Fantasy Sports section of the website, which has really taken off in the last year. We are looking forward to helping you have a successful and enjoyable 2019!

If we haven’t stressed it enough throughout our site, we’ll do it again here. Choosing a reputable sportsbook with a long history of paying players on time is absolutely crucial. There is no use betting sports online unless you can be almost certain that you will be paid if you win. We offer a wealth of information on this topic, including an extensive list of scam sportsbooks that are still operating. There’s no reason to risk using poorly reviewed sites when there are tons of options that offer excellent odds and payout quickly.

When it comes to sports betting, each person may be trying to accomplish something different. If your objective is merely entertainment, then your goal is entirely different than my goal of making a living. If you bet $100 a game on Monday night football to enjoy the game, it will cost you $5 a week if you can go 50-50. There is nothing wrong with that. It's cheaper than a movie. But that is entertainment expense, not an excellent investment vehicle.
And in a twist, it has been one of the very sports leagues that took New Jersey to court over PASPA, one of the same leagues that were laughed and shouted out of the room when meeting with Jersey lawmakers for possible integrity fees, that are speaking out on the state’s rates and fees. (For perspective, neighboring New Jersey will tax in-person revenue at 8.5 percent at casinos and racetracks, online casino revenue at 13 percent and online track revenue at 14.25 percent; Nevada has a 5-percent tax rate.)
Let’s examine, if people can make a living sports living of matched betting. Probably the best way to examine is using Profit Accumulator (PA) case. PA is one of the most popular matched betting paid service with over 20,000 members in the UK. The members’ average monthly income from the matched betting is said to be around £1,000. See Profit Accumulator Full Review – Should We Believe 20,000 members’ Eaning Claim? for full details;
As the name suggests long-term bets spread over a longer period of time. If you like, you could call them the opposite of live bets. Long-term bets are offered for all possible sports, whether it's football, tennis, basketball, ice hockey, Formula 1 or winter sports. The bet is used for longer, season spreading formats - therefore the name. Popular examples would be EURO or World Cup qualifications or final rounds, leagues, cup competitions or other tournaments. The classic long-term bet aims at betting on the winner of the chosen format/competition. Therefore one often speaks of championship bets in football or other sports. For example you can bet on who will win the German Bundesliga, the Premier League, but also tournaments like the Chmapions League or the DFB Cup. A long-term bet in tennis for example would be betting on the winner of a certain Grand Slam tournament like Wimbledon. This principle works analogically for all other sports: Who will be Formula 1 world champion? Who will win the biathlon total world cup? Long-term bets are usually placed before the season starts or before the championship or the respective tournament kicks off, because then you get the best odds. Of course you can also place them in the course of a certain competition. You can for example bet on the final winner in the semi final. Then four teams or players are still left to choose. Remember: Bookmakers react to the intermediate result and adapt the odds accordingly. The profit calculation works as usual: The betting stakes are multiplied by the betting odds. An example for a long-term bet, where you bet on the winner of a competition would be a tip on the winner of the total world cup in Alpine skiing:
“The chorus of human stories we present in ‘Action’ will resonate far beyond the world of sports and gambling,” director Luke Korem says. “This is a subculture that reflects to an extreme the risk, reward, and uncertainty we find in our everyday lives. I’m thrilled that Showtime is allowing us to capture these stories at such a unique moment in history.”

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.
A three paragraph passage in his article noted that "Rays pitcher Sergio Romo struck out the side against the Angels on Saturday, then struck out three more batters in 1 1/3 innings the following afternoon. It was an unusual pairing of performances for one small reason: Romo had never struck out three batters on consecutive days before. And it was an unusual pairing of performances for one massive, potentially paradigm-shifting reason: Romo served as the modern era’s first designated “opener.”
On the flip side, I bet sports as basically a second income. I am very thankful to have a job in engineering that affords me the opportunity to bet enough to accomplish this and leaves me a safety net to lose what I put in and be okay. Just an example is for college football season this year (2018), I put in $10,000 for the regular season. I can do what I want within the season with that but will not buy back in. I also will never exceed $10,000 in bets at one time. My account will always be viewed as having $10,000 during this season because I never want to bet more because I have won and have profits. That is a common problem for gamblers and it really is difficult to avoid the thought of well I can make so much more if I bet this much more. It is 100% true that money management is the most important aspect of sports betting. If you can’t do this well, you may get into serious financial trouble at worst, and less important but still relevant, you will not be able to beat the sports books constantly or over time without understanding which bets make sense by realizing how much to bet, which lines to bet and which matchups offer the highest win and payout percentages. Most hobby betters bet based on how much they can win in a bet, a handicapper or shark bets where they are getting the best odds for their money. Maybe they don’t even believe in the team to win, but if the value makes sense, they will wager on it because it makes sense financially. So an example is you have $2000 and want to bet on at most two games. The average person would tend to bet on as many outcomes as possible but in this case would take two teams and we will say standard line of -110. What has happened is that you have really damaged your chance of making a profit on this bet. This is due to beginning each matchup with a basic, implied odds of 52.38% which means you have this % chance to win one game. This comes from the line of -110 (if it was -100 or even odds, you would have a 50% chance to win) which converts to 1.91 decimal odds. You divide 1 (one bet) by the decimal % (1/1.91) and get 52.38%. So on two games, at -110, you will have 13/5 fractional odds (just an example here) to win or 2.6 decimal odds so you should divide 1 by 2.6 which gives you 38.46% implied odds to win both bets. What would the bets pay out? Win one at $1000 with -110 (1.91 decimal odds so 1.91*1000=payout) and you get $909.09 profit from the win and a total back of $1909.09 with your bet amount returned. So maybe you can see why 2 bets wouldn’t be a great investment. If not, here’s why. Say you win just 1 of the two matchups, you get the payout of $1909.09 so you have lost money on your bets for the day. And with only a 38% chance to win (usually will be a little less maybe a little more depending on the odds and line) both bets and taking $1818.18 in profits, you are not going to beat those percentages over time which is the only thing that matters to a professional bettor. Putting all of your money on one outcome offers the best chance to win and the same payout amount so obviously you are getting a better return on your money and will have a better chance to walk away with a profit at season’s end. So this is a very simplistic example and doesn’t take into account lines or the options of taking the points for an underdog with a decent positive moneyline. Just a rule to state here: never bet more than you can afford to lose or care about losing.

The Sports Geek was founded in 2008 and has continued to grow since. It started off as a small site and there were no real big plans for it, but as the passion for sports betting grew the website also grew with it. It’s had a team of writers helping give out free picks daily since 2010 and we’ve had a lot of success with our picks. Because of the abundance of free sports betting information we offer, our following has continued to grow.

What about financial products which are usually perceived as investment such as Equity (Stock) or Bond (Fixed Income)? Annual Returns on Stock, T.Bonds and T.Bills: 1928 – Current shows S&P 500 (US Stock Index) average is 11.41% while 10 year T-Bond is 5.23%. However, when it comes to the standard deviation (fluctuation of return), off course Stock is much higher. According to CFA Digest, stocks are about 3 times more volatile than bonds on average. Means the certainty of outcome in Positive return of Fixed Income is surely higher than Stock. The below chart is just giving you how the magnitude of the difference of volatility between these 2 assets class are (sourced from Market Realist);
Of the bets on the Russian Football Premier League is very popular long down-to-earth question is whether Carrera will be fired from “Spartacus” before the New year or he will go after the championship. But from the Zenit bookmakers expect more, because Roberto Mancini came to the team not in vain, and if nothing changes, he will fulfill his entire contract. Experts bookmakers expect the team’s big wins, including a possible victory in the Champions League and if we bet on it, and in season 2019-2020 this happen, at the rate of 10 Euro the player will receive a prize of 3,500 dollars, and even if this rate would be the minimum, the prize will be an impressive big. Of course, the real is victory in the Europa League, but here only the thirtyfold increase, which in itself is not bad.
Totalizators. In totalizators (sometimes called flexible-rate bets) the odds are changing in real-time according to the share of total exchange each of the possible outcomes have received taking into account the return rate of the bookmaker offering the bet. For example: If the bookmakers return percentage is 90%, 90% of the amount placed on the winning result will be given back to bettors and 10% goes to the bookmaker. Naturally the more money bet on a certain result, the smaller the odds on that outcome become. This is similar to parimutuel wagering in horse racing and dog racing.
All individuals are banned from advertising or promoting any football betting activity in which FA regulations prohibit them from engaging. This, however, only applies to individuals in their personal capacities. For example, if a club is sponsored by a betting company and said company places its logo on the club's kit, the team's players are not in violation of the betting rules.
Milan have been in top form since the return of Kevin-Prince Boateng and Robinho, and the defending champs are calculated to have value at these odds. In value situations involving Milan away from the San Siro, AccuScore is 3-2 and paid out 2 to 1 overall. Also, Roma’s matches at the Olimpico that AccuScore calculated to have value have yielded profits of 4 to 1. Getting the champs at 2.67 is a good pick even if it doesn’t pay.
×