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Archive for July, 2010

4 Reasons Why You Should Be Betting On Baseball If You Want To Make Any Money!

Jul. 31st 2010

This season’s baseball is already a few months down the line and hundreds of gamblers have already take their piece of this billion dollar pie. It will surprise a number of you to find out that while football and basketball are generally conceived to be the most popular sports baseball is still the number one sport for sports gamblers. This is due to the sheer number of games that are played in a season meaning those with more knowledge can make a serious killing.

Let us check out the main reasons why it is easier to profit from baseball betting than other sports

Thousands of Games a Season – In the baseball season there are literally thousands of games being played over the course of the season. This means that even with a very selective betting system you should be able to at least have a couple of bets each week.

Stats – There is so much data available for absolutely anything in baseball, this means that new profitable betting strategies are uncovered every day by normal bettors utilising the data available on the web.

The Pitcher – In most sports the outcome is usually a result of a team effort, if one guy in the team suffers the whole team need not lose if the rest of the team help him out. However if the pitcher has an off day the team will really suffer as a result.

Turn a profit with a less than 50% strike rate – This is one of the biggest reasons why people love betting on the baseball. The moneyline means that if you are backing underdogs you do not need to win over 50% of your bets. In fact depending on how much of an underdog the team in question is you may only need to have a 33% strike rate in order to profit.

With baseball you could easily bet the team that is not the favourite at like +180 on the money line and you would only need to hit like 35% of your bets to break even. Or thinking the other way you can lose around 65% of your bets and still profit

If you find it hard to pick your own picks why not get free sports picks delivered straight to your email inbox. To find out more about receiving free picks click here

Posted by Marcus Jones | in Betting | Comments Off

Gamblers Fallacy Does Not Help Roulette Systems

Jul. 30th 2010

There is one thing that will destroy you if you are not careful. I’ve seen this one thing completely annihilate the bankrolls of new players to online roulette studs. It doesn’t matter if you have been around forever, or if you are just starting out.

The one thing that I’m talking about is known as The Gambler’s Fallacy. The Gambler’s Fallacy has been tricking players into making bad bets for centuries, possibly longer than that. If you take your money seriously you must be constantly vigilant against The Gambler’s Fallacy.

In a nutshell The Gambler’s Fallacy is the false belief that past events will influence future events when in reality they do not. An example would be that many players think that if the ball lands on red five times in a row that they should bet on black since it is bound to land on black sooner than later.

The notion that the table remembers what the last spin was is entirely incorrect. The table isn’t concerned with what the last result was, the odds are always consistent. The table does not remember a thing; the only thing that really matters is the math.

What makes The Gambler’s Fallacy so deadly is that if somebody who is not versed in mathematics looks at a simple version of the odds it would appear that there is no fallacy. The math would indicate that no such fallacy exists.

To show why The Gambler’s Fallacy is an easy trick to fall for I’ll lay out some math. After laying out the math I’ll show where most people go wrong in their assessment and then I will show the correct approach to the issue.

For this experiment we need to pretend that there is no zero on the online roulette table, it simply makes the math easier. Picture the ball landing on an even number, the odds of this happening are 50%. Now picture the ball landing on an even number twice in a row, the odds of this happening are less than 50%. This is what makes it look like the ball is more likely to land odd after going even. However if you do the math you will find that the ball going even and then even again is just as likely to happen as the ball going even and then odds.

Now that you know that The Gambler’s Fallacy will steer you the wrong way you can now improve your online roulette play. There’s no reason to let an idea suck away funds from your bankroll. Your bankroll should be for online roulette, not for feeding a gambling horror.

It doesn’t matter which strategy you use, it’s important that you play Online Roulette at the best casinos. The best casinos are the ones with the fast pay out times, one of them is Bet365 Casino

Posted by Peter Watson | in Casino | Comments Off

History Of Sports Betting: Back To The Future

Jul. 29th 2010

Computers and the Internet have made the phrase “it’s a small world” more common. In some ways it has even democratized the world we live in as well. In my earlier writings on sports betting history, I talked about the rise of sports betting in the 20′s as people became more and more interested in figures like Babe Ruth and Red Grange. People allowed to trade fair odds with sports books for the benefit of picking their team of choice. When it comes to spread point sporting events like the NFL and MLB, they would bet just over $100 to win $100 back, and required a break even percentage of over fifty-two percent just to make money. This sports betting tactic went unchallenged until the 21st century.

As the world evolved, the economic barriers to entry largely tumbled with the proliferation of the World Wide Web. Now smaller sports betting firms could form in offshore locales in the Caribbean and beyond and compete for business. With all of these new entrants pouring into the market, the competition was soon pretty fierce. There is one commonality across any competitive industry: when one firm is doing well and another isn’t, it doesn’t take long for the losing one to say “oh yeah, I’ll charge less.”

Welcome towards the globe of decreased juice sports activities betting. It’s now typical for sports activities books this kind of as Pinnacle to take bets at $105 to win $100. That decimates the winning percentage required to break even from 52.4% to 51.22%. As you recall from the “Efficiency in Sports activities Betting” article, Nobel Prize winning Economist Steven Levitt discovered that Sportsbooks purposefully push the odds so underdogs win 51.8% from the time to take benefit from the public’s fascination with betting favorites. If this premise were to hold true, you could merely bet the underdog in each and every game and clean up. A 51.22% percentage to break even is really a globe closer within the globe of expert sports activities betting to profitability than is 52.37%. You will find several biases this kind of as big favorites in College football, 11-13 pioint favorites within the NBA and NFL playoff house underdogs that we can truly take benefit of with the decreased juice choice. The colossal shift in odds makes it really realistic for a bettor to be capable to outperform the sportsbook consistently.

During the background of sports betting the thought of trading with picks was a common one. In 96, Bay area based commodity investor and sports bettor Jay Cohen had a thought. Why don’t you match the trading he really enjoyed at the office together with his real interest: sports betting. He went to live in Antigua within the Caribbean and developed shop as the World Sports Exchange (WSEX).

Cohen’s store provided traditional sports betting plus the concept of investing sports picks just before these were actually chosen. For example, if you decide to wager on the Indianapolis Colts and were receiving 13 points contrary to the Pittsburgh Steelers, therefore you bet to win $100, the estimated payout was of no value as the teams took the field for that starting kickoff – anybody could easily get the same chances you just got, Colts 13. In the event that at half time though, The Colts were unexpectedly winning, 17 – 3, your own wager could be looking great. Indianapolis increased by 14 points and in addition to that they’re obtaining an additional thirteen points in the point spread; they seem like a clear winner. At this point, you can offer at half time to split your claims to the $100 payout if Indianapolis would win should they hold on. Should you want to sacrifice the anguish of viewing the 2nd half and cash out at this time, you may offer to trade the rights to the $100 payout to a different World Sports Exchange associate for Ninety dollars.

Cohen obtained splendid popularity much like a conquer in the sports betting business coupled with the fact that he was the first sports betting book owner to make the cover of Sports Illustrated . The actual advertising that came out of this would definitely cause trouble later on, because he grew to become a solid effortless target for the us government which imprisoned him for 2 years for breaking a Federal Wire Act. During the trial , his infamous lawyer Ben Brafman, questioned exactly what Cohen had performed which was outlawed? He furnished the very best recognized chances to gamblers on earth, enabling these folks to recuperate practically 99% of the bets in whole yet on the 1st floor in the courthouse, there exists a market offering state run lottery scratch off cards with an 83% repay – It looked similar to the King of England going after on American Colonists all over again. While Cohen did work a very long time with a good sports book, his tips on trade wagering were just a small fraction of his gambling tips; his other guidelines grew years later

In May of 2000, Irish betting firm Flutter brought the idea of a betting exchange to the United Kingdom. They soon merged with another competitor Betfair, and together under the Betfair umbrella, the company has risen to become the world’s largest betting exchange. Betfair’s premise is pretty simple, two counter parties bet directly with one another and the winner pays a commission on winnings – typically 5% but sometimes lower. The company claims 20-40% better odds for bettors than traditional sports books. Again democratization takes place here. Bettors are paired directly with each other and now face more friendly odds because they are paired with other bettors online. Betfair isn’t taking a side as did the Las Vegas Casinos in Steven Levitt’s study, they are merely playing match maker.

Established sports books have come out in force against Betfair for the company’s concept of “laying” horses. Horse bettors, or “Punters” as they are known in Europe, can bet on specific horses to win or lay (not win). Unfortunately, this takes the barriers to corruption down a few notches as it is much easier for a jockey to lay his own horse in silence and not win a than it is to devise a conspiracy involving multiple horses. Betfair counters this criticism by pointing out that it doesn’t take cash bets from clients and no one is allowed to have anonymous accounts – bettors need to produce identification in order to bet.

Rich Allen is an expert in The History of Sports Betting. His Sports Betting Professor Systems have sold over 250,000 units and cover all major sports. Download a FREE copy of The Sports Betting Insider’s Guide at: http://richallensports.com/sports-betting-history-of-sports-betting

Posted by Rich Allen | in Casino | Comments Off

No-Limit Tournaments And Cash Games – The Growth In Popularity

Jul. 27th 2010

Among the variations of poker games, no-Limit tournament has far more popular appeal than either cash or limit poker games. Tournament holdem and its variations is the game of choice among 75% of online players. No-limit is the go-to game of all cash games and those who have a great deal of experience with tournament games will find the transition takes little effort.

Tournaments, due the media hype, are where the inexperienced novices go to play and where they are taken advantage of by the more knowing players. Free-roll tournament poker is readily available at every venue day or night making them easy to find for the cautious rookie. They can then make an attempt at a few hands with no ante and even luck into a win or two. This can be a most addictive beginning to poker mania.

Cash games are far more stressful than the sit-and-go games often found at tournaments. In sit-and-go, the player forks over a fixed amount of deposit and then plays the ensuing hands for chips only, making for a relaxed game among friends. One can easily find access to a tournament game as they are well advertised and may even lure in some players seeking a certain amount of celebrity status.

The importance of distinguishing between the oft-played and fast paced SnG tournaments and the less readily available MTT where the games go on stressfully forever, cannot be overstated. A player taking part in an MTT will not be able to leave the table without losing his investment.. This requires that the player must have the endurance for endless hours of complicated play. These games require tenacity and a marathon-like endurance to avoid lapsing into a depression, becoming too inert to get up and leave, and yet too unfocused to play one’s A game. Add to this high dispersion, even though the final three remaining at the table stand to gain a lot.

Also, you can’t expect to walk into a poker club and find an MTT going on. Even in online poker rooms, you may find yourself only able to play very late at night, depending on your country of play. The literature available on tournaments and no-limit games tends to be scarce and dwells on the psychological and subjective aspects of the game rather than any precise techniques and strategies.

The transition between cash and MTT is not particularly difficult. No-limit and cash games do have a lot of similarities, but there are more drawbacks to the MTT. No-limit cash games are thought to be the most prospective of all online games by the majority of players. Among all the cash games no-limit is by far the most available and can be found at all places and at all times with no lack of gung-ho players. You can be sure that not all of those eager beavers are experts. Because the game is not well documented in literature, the talented players have an excellent opportunity to practice some psychological manipulations. Those less talented need to be aware of this and proceed with caution.

The literature on cash games appears to grow in quantity, but even when it is of good quality, it is imprecise, lacks concrete universal guidelines, heavily dependent on the specific assortment of individual human potential at any given table. There is no way to “master” no-limit cash games without playing a lot and taking care to study your opponents meticulously every time, accumulating a wealth of memory (if not of cash) from which to draw creatively (i.e. without much certainty of success) in unpredictable future games.

Dispersion is most vicious in no-limit games and even good players may loose as many as half a dozen buy-ins in one session – not something just anybody can easily bare or afford.

The author is a successful limit cash game player. He plays poker online and receives Poker Heaven Rakeback as well as Rakeback at Absolute Poker.

Posted by Thomas Kearns | in Poker | Comments Off

Roulette Bandit Reviewed

Jul. 26th 2010

I have heard how popular the roulette bandit system has become and decided to give it a go. There have been no wild claims about it and it has still sold well, I decided to try it as I play online roulette very often.

To begin with, it is important to mention that you don’t need to place any large bets at all in order for this system to be effective. It has really small staking plans that do not get too big in size, ensuring safety at all times.

In the past I have seen so many systems lose control, forcing you to make your bets bigger. With roulette bandit however, although your wins are gradual, they are consistent.

It may seem to begin with that there isn’t much chance of getting a substantial profit from this system, but this all changes once you start playing. You won’t get rich quick with the roulette bandit, but you will make some money.

When playing online roulette, this is the amount of money you should expect to regularly win. Get rich quick schemes that you see around never work and the odds are against you if you aim at sustaining large wins in the long term.

The system comes with a money back guarantee which is another bonus. This guarantee however may not need to be utilised as the system is completely safe.

I should also say that while the system is effective it is not an answer to poverty or anything like that, it requires work. Also if you have a gambling problem the system is probably not for you.

So as long as you are willing to make the effort, the roulette bandit system will be a success for you. Stick to the eBook instructions and the chances of you winning money long term will be very high indeed.

You will find a lot of information around the Web about the Roulette Bandit as well as other roulette systems so you may want to look at another Roulette Bandit Review

Posted by Toby Parler | in Roulette | Comments Off

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