Sports GamblingSports Betting

Fixed Odds Betting Terminals, also known as FOBTs has been available for the public for quite some time now. A Channel 4 TV program has followed these machines and started to investigate their impact on the high street of the United Kingdom. Derek Webb, the owner of Three Card Poker and also the founder of the Fairer Gambling Campaign has stated that these gambling machines are legal and available for the players at clubs and pubs, so it is pretty hard to argue the legal position for betting shops who offer these machines.

William Hill Gambling News

The main problem is the offerings of these machines as the stakes that the machines offer are very high. Some machines have higher stakes that the machines at the casinos which is normally at two British pounds. The other problem is that these machines offer the players the chance to gamble and play roulette while being outside of the casino environment. Roulette used to hold over than 90% of the machines but this percentage has surely decreased due to the addition of more gaming content but the fact remains that roulette was the main attraction that attracted the gamblers to play on these machines at the beginning.

The average bet for each spin, according to the representation to the DCMS by William Hill is almost seven British pounds. So it is clear that Roulette is very addictive. The right solution to solve and reduce the negative impact of the FOBTs is to decrease the stakes and to remove the roulette gaming content from these machines.

Online Sports BettingPicklive Ltd. the fantasy sport wagering operator that is based in London has been sold to a private firm that is owned by David Galan. David Galan is the CEO of Sport Millions which is a Business to Business (B2B) subsidiary of Soccer Millionaire. As for the money that was paid to conclude this deal is not announced.

Picklive is a real time and innovative fantasy sport game that runs for the entire period of the season. The amazing thing about it is that it merges the fantasy model and in play wagering with social networking which results in a very innovative and a unique concept of fantasy sport wagering. Picklive was backed by a large number of tech investors such as Passion Capital. This support and backing up resulted in the invention of Picklive which made fantasy football a 2nd screen entertainment.

The new owner of Picklive, David Galan has many optimistic and great plans for the business. This includes a planned expansion of the offering by adding other types of sports other than offering football only. This new additions will include sports such as American Football, baseball and cricket. It will also expand its reach by offering and reaching for other markets.

Galan commented on this acquisition by saying that the team who used to lead Picklive have invented and developed a real world class and a very innovative and unique technology that succeeded in merging in game betting, social networking and sports betting all into one. He also stated that he will take it to the next step by implementing the plans he has for the company.

Sports GamblingSports Betting Basics Guide

If you are new to the world of sports betting, you need to know a few different elements. While you are always more than welcome to bet straight up on the game, which is simply betting one team is going to beat the other, you are going to find there are many more variations to the betting and terms you need to know in order to prove successful. While each game is going to have some different rules and regulations, as horse racing is different from bowling, you ultimately are going to find that there are different sports betting basics that are universal and are covered by all sports. This way, you can know exactly how to bet, what is going to prove to be your best odds and how you can increase your chances of winning.

Sports GamblingHandicap

This is a popular term that is used not only in sports betting, but in sports in general. You might have heard it used in golf before, where an individual has a personal handicap for the course. This means they are allotted a certain number of strokes in order to make up for their shortcomings. The same is true with sports betting. When a handicap is applied, it essentially gives ports to another team that might not be considered as strong as another team. For example, if two teams are playing against one another in football and the lower ranked team is given a handicap of 5 points, it means 5 points are automatically given to them in the betting sports book. This way, even if the other team wins by 4, because the handicap was set at five, you were win the bet if you bet on the team with the handicap.

Sports GamblingJuice

You need to know what the juice is. This is a slang term for the overall percentage of the bet that is taken by the bookie. The bookie who registers and monitors the bets is going to take some sort of a cut, regardless of the bet. When making a bet, you need to ask what the ‘juice’ is. This way, you area always prepared, should you win a bet, to know what sort of a cut the bookie is going to take out of your profit. Generally, there are two different kinds of juice options. The first is a straight fee, where the bookie takes out a fee for every bet, regardless of the size or what it’s for. The other form is a percentage (and more common, especially when it comes to in person betting), where the bookie is going to receive a percentage of the bet, so you are going to pay a varying amount to the bookie, depending on the bet size.

Sports GamblingSpread

Know what the spread is. The spread is the overall amount of points, runs, or score one team is supposed to beat another team by. This means, if one team has a spread of 9 points, they are favored to win the game by at least 9 points. There are ways to bet for or against the spread, as this serves as one of the more popular of sports betting. If you bet for the spread, it means you believe the winning team is going to cover the spread and win by at least 9 points. However, even if the team wins, if they win the game by less than 9, the other side of the bet is going to take the funds, due to the team not covering the spread. Of course, if you believe one of the teams is overrated or underrated, you can bet against the spread. This means as long as the other team does not lose by 9, you are going to win the bet. One thing to take note though, is that there is sometimes a spread of a half. This means the team might be favored by 9.5 points. Of course, you can’t score half a point, but it simply means that if you bet to cover the spread you need the team to score 10 points, or to win by 9, if you are betting against the spread.

Sports GamblingParlay

You might have heard this term before, but unless you are a regular sports better, chances are you might not know exactly what it means. With a parlay, it is basically a combination bet. Some people confuse it for double or nothing, but that is something different. Double or nothing is when you bet on a second game and either receive twice the stakes, or have to pay out twice as much. Parlay, however, is something different. With a parlay, you might bet on three different games. For example, you might bet that the Red Sox beat the Yankees, the White Sox beat the Tigers and the Angles beat the Dodgers. In this parlay, in order to win the bet you need every team you selected to win. Even if one team loses, you lose the entire parlay. With a parlay, the odds of winning are less, but it increase your winning potential for the bet.

Sports GamblingHow to Win at Sports Betting

Sports betting is not only a rampant part of the gaming community, but it extends to practically every kind of sport that exists today. However, if someone wants to win when it comes to sports betting, it’s important to take a big picture view of the event in question. At least that seems to be what science is suggesting.

gambling_sportsbetting

Because sports betting is a multi-billion dollar, worldwide industry, it’s only natural that a business college would study it sooner or later. Song-Oh Yoon and his colleagues at Korea University Business School have done some of the latest research on the odds of sports betting, and what helps individuals come out ahead of the odds more often than not. Their findings indicate some very unusual things that may have been tripping sports bettors up for years, if not longer.

What the researchers found is that those who are capable of looking at a team as a whole, and who can crunch the numbers regarding individual players, overall seasonal success, and who can avoid looking at a particular streak of wins or losses as somehow indicative of luck, can make bets that turn out to be correct more often than not. The hard part, researchers found, is keeping the bet at arm’s length and actually making a big-picture prediction.

Anyone who’s placed bets knows that gambling fallacies can easy run rampant. Just because a team has won 8 straight games, or lost them, doesn’t mean it’s time for another win/loss. It’s also very easy for someone to get caught up in whether or not individual players will perform to a certain level, and some players will take a big leap and try to bet on particular scores. Common sense and science seem to agree when it comes to sports betting though; more general bets, and a more holistic approach, tend to win a lot more often.

The lesson that we learn from all these studies in Korea? If someone wants to win at sports betting take the simple win/loss bet option. Also, no matter how close an individual is to the details that make up the nuts and bolts of a game’s statistics, always take a step back. Safe bets are solid bets, and while there might be less winnings, there’s also a lot less risk. It’s better to win a little, than to lose it all.

Sports GamblingArbitrage Bets

No matter how sure someone is of a given outcome, there’s always a chance that the other team will win. A major upset, a lucky punch, or a key player getting injured at the wrong moment can turn a sure thing into a rout in a moment’s notice. Those things can’t be predicted or prepared for, and even sports bettors who do their homework and bet by the numbers will end up losing what they’re put on the line.

Unless, that is, they’ve decided to take an arbitrage bet.

Arbitrage betting sounds like cheating at first glance; essentially a gambler, or team of gamblers, bets on both sides of a contest using a spread that guarantees a win. Say, for instance, someone was betting on the Superbowl. The odds on Team A mean that a bet will only be paid off double (put down $5, win $10), but the odds on Team B are much higher, paying off five times the original bet. So someone could put $100 on Team A, and then put $50 on Team B. If A wins then the bettor will receive $200, and only be out the $50 for betting on the team that lost. If B wins then the individual receives $250, and is only out $100 for betting on A. Either way the bettor walks away with winnings.

This form of betting is unorthodox to say the least, and it may require either two people to pull off, or membership at two different sports betting websites. Rather than crunching all of the numbers about players and histories, tactics and recent games, all one has to do is look at the odds and calculate what he or she would have to bet on each side in order to come out ahead when the game is over. This method means that anyone can figure out what a winning bet is, regardless of how much they know about the game in question, or about which team is more likely to win.

Horse Racing BettingThe Basics of Horse Racing Bets

Betting on any game is a thrill, and the unknown factors that lace any contest of sport build a certain unknowable quality into sports betting. The beautiful thing about horse racing, and particularly about betting on it, is the massive body of data on past races. When past performance of particular racing animals is considered in light of a current day’s stakes, the uncertainty of this sport is reduced to a manageable level for the educated gambler. When this body of knowledge is coupled with an understanding of the basics of the betting systems used in horse racing, risk becomes merely another variable to consider.

gambling_horseracing

The first thing that must be understood by a prospective race bettor is the concept of odds. In some circumstances, the odds of a given horse are easily understood and in fact the reasoning behind the number can be discerned. For example, a heavily favored horse’s odds to win may be 2:1, meaning of course that a bet placed will yield double winnings. These relatively low odds indicate that betting on this beast, based on past performance and other factors, is not terribly risky. The corresponding reward, however, is also relatively low.

Compare the odds above to those of another horse in the same hypothetical race whose posted odds to win are 12:1. This horse, if granted victory by whatever deities manage such affairs, will yield each person that bet on it a windfall twelve times greater than their initial wager.

Before considering how the odds discussed above are calculated, it’s useful to understand just what wagers can be made on a given animal. Most common by far are the straight bets. The obvious one, a win bet, needs no explanation. The less explicitly stated bets for a horse to place and show perhaps require a brief description.

A place bet means that the bettor believes that a given horse will take first or second place. A show bet will pay out if the horse wagered on takes any of the first three positions at the finish line. It’s important to recognize that the odds for a place or show bet on a particular horse are virtually always lower than that same horse’s odds to win. This occurs simply because by virtue of each bet incorporating more than one outcome, it is automatically more likely that one such outcome will occur. Interestingly, these straight bets can be made in any combination of two bets. A particular type of combination, the across the board bet, covers all three positions for a given horse. Again, it must be noted that for obvious reasons an across the board bet will yield a lower return than a single straight bet.

Seemingly more complicated bets known as exotics are actually every bit as straightforward as the straight bets themselves. These exotic bets suffer from a problem of terminology, however. They are the Exacta, the Quinella, the Trifecta, and the often whispered about but seldom realized Superfecta. Despite sounding like ailments encountered on a tropical voyage, these single race bets are in actuality just predictions on more than one horse’s final position for a given race. These bets have higher payouts than the straight bets because they are more exact, and correspondingly more difficult to predict.

The Exacta is a prediction that two particular horses will take the win and place positions in a specific order. For example, horse A is picked to win, and horse B is picked to place. They must finish in exactly that order for an Exacta bet to payout.

Less exact, and so less lucrative by approximately half, is the unfortunately named Quinella. This bet predicts that a specific two horses will take the win and place positions in any order. The Quinella is a good option when there is not a clearly better horse among two strong contenders.

The next exotic bet is trickier by far than the preceding two. The Trifecta bettor attempts to predict the win, place, and the show horse in order. The difficulty of this feat is reflected in the adoption by the broader culture of the word Trifecta.

Last, and certainly rarest, is the exotic bet called the Superfecta. Similarly to the Exacta and the Trifecta, a bettor attempting this feat must pick specific horses in the exact order that they finish. The first four places must be predicted here, however, which complicates things by an order of magnitude.

With the basic single race bets covered, it is worthwhile to explain exactly how the odds for a horse race are calculated. While it is tempting to assume that a cabal of worthies sets the odds in a cigar-smoke wreathed study, in actual the vast majority of race venues use a system called pari-mutuel betting. This menas that the odds for each horse are set by the bettors, or rather by how big a percentage of the total bet pool each horse’s bets represent. Essentially, this system uses the accumulated knowledge of the entire betting pool to set each horse’s value. It is a system proven effective throughout history.

Like all sports, horse racing has gained popularity because of the quick sums of money that can be had. The only thing about it is the need to understand horses, the breed, the tracks, jockey and trainer. If you are a careful observer and understand what and why horses win at some tracks and don’t at others, you stand to make a lot of money.

Before anyone can become a master at selecting the winning horses at the track, there is a beginning stage. What is meant by that is the horse better must know how to wager at the horse race. The method is not that difficult. These are the following things that you will do when you either go to the window or the ticket machine to make your selections.
At the window, you’ll do these things:

• Select the track name.
• Give the number of the race.
• State how much you are betting.
• State the wager type.
• Give the number of horses or horse to be used.
• Check your ticket to make sure your selections are correct.

Before the race starts, it would help to purchase a daily racing form. This is a program listing all the races. It contains the horse’s performances, trainer, jockey and amount of money won at previous races.

In addition to that, professional handicappers are around to make selections to help you win. Handicapping tip sheets are also sold with the daily racing form with published selections at the race track. Sometimes newspapers pay handicappers to make selections (off – track betting). It may cost a bit, but is cheaper than the daily racing form. You can also check online to see past races and other useful information

Usually the professional handicappers are telecasted for the viewing pleasure to pick horses. They are commentators who offer tips to bet on between the races. It is wise to listen to these guys. Of course it is not mandatory if you have your own horse picks in mind.

Horse Racing BettingThings That Need to Be Understood Horse Racing to Win

The morning line is presented to show who the public might bet on before the racing schedule. This usually changes as the race comes to start time. But it should not be ignored that the general public are correct with picking who they think will win the race. There is a 33 percent chance that the horse with the best odds will win the race. In addition to that, you will often see things like this before the start of the race.

# PP Jockey Trainer
1 2 Still Flow Jo(ML)2-1 H.Hiller H.Hiller
120 Lbs
2 4 Heavy Hitter(ML)3-1 J.Gunney M.Hurley
125 Lbs
3 1 Stock Jock(ML)12-1 R.Reynolds P.Vankmen
124 Lbs
4 6 Go Getem’ Tiger(ML)6-1 T.Bishop T.Simmons
122 Lbs
5 3 Loaded Legs(ML)15-1 S.Eisenstein C.Kent
125 Lbs
6 5 Magnificent Jent(ML)22-1 C.Evans M.Kennedy
123 Lbs

There may be some more information along the right hand side, but this is the morning line odds.

The odds of the horse basically tells how much you stand to win if you pick the right horse or horses. These are examples here:

Horse Racing BettingOdds $Payoff 

1/9 $2.2
1/5 $2.4
2/5 $2.8
3/5 $3.2
4/5 $3.6
6/5 $4.4
7/5 $4.8
3/2 $5
8/5 $5.2
9/5 $5.6
2/1 $6
4/1 $10
6/1 $14
10/1 $22
15/1 $32

You can pretty much get the picture. It goes all the way to 99/1. If you see a horse with those odds, do not play it. If you do and that horse wins, you will receive a great payout depending on how much you put up on that horse and what type of wager you made.

Horse Racing BettingTypes of Horse Racing Wagers

When you select the horse to win, it is referred as a win bet. If you wish to select a horse to come in second, it is a place bet. Picking a horse to come in third is called a show bet.

There are a such thing as exotica bets which go beyond the win, place and show bets. These may require a great deal of money, but the pay off is even better. These bets are the superfecta,that is selecting four horses to finish in the exact order from first, second, third and fourth in the race. A trifecta is a selection of three horses to finish in the order of first, second and third. An exacta is a selection of first and second horses in the exact order. A quinella is a selection of your first two picks of horses to win, except you win if your first and second selections come in either first or second in the race.

Other options to choose from include the daily double which is a selection of two horses to win two consecutive races. There is the pick 3 in which you choose three horses to win three straight races, the pick four which requires four horses to win four straight races and the pick five which is a selection of five horses to win five consecutive races. The last one is the pick six. This is extremely hard to get.

As you can see, it is not very hard to understand how to play the horses at the track. The hard part is in trying to do the math and figure out which horse or horses are capable of winning you a nice pay out.

dogracebettingDog Race Betting

There is no magic way to tell which dog is going to be successful in one, or several races, but there are several factors that can be used to determine which dogs are more likely to win than others; early speed, potential speed and form, class, and late speed. Each dog will have their own unique blend of those factors and it’s best to determine which dogs are far superior in preferably at least two of those factors, doing this allows the better to spot the potential winners more quickly. For those dogs that seem far superior to others in races are worth betting on since they have more likelihood of winning. Betters who master these skills of determination can become more successful in spotting the potential winners and lose less bets than those simply betting randomly.

When it comes to form, it’s important to notice if a dog’s form is getting progressively better, worse, or staying consistent. Paying attention to a dog’s form is an important predictive factor when determining who the potential winners are. Betters should avoid placing high bets on dogs who have poor form and dogs who only appear to have good form less than they do poor form. It’s also important to pay attention to a dog’s form in particular races as dogs may have good form in certain races but yet poor form in others. There is a system called F.A.T, which is Form plus ability equals talent (Form + Ability = Talent) which basically means if a race dog is showing exceptional form, they may have enough ability within them to give a more talented performance in the race than may be expected of them; the same can be said for if a dog is consistently showing poor form, however shows amazing ability, they’ll less likely give off a talented performance and not win the race.

There are usually two types of early speed race dogs; ones that show an immediate strong break right out of the starting box, and then the ones that tend to break more towards the middle and rush around the first turn with a continuous burst until around the third turn.

Usually, race dogs who are generalized in the late speed factor, have a slow break right out of the box and is the last to reach the first turn in a race. However, it’s from that point that ‘late speed’ dogs start to actually race, with some even waiting until the 3rd turn or final stretch before running. Just because a dog has late speed, does not mean they can’t potentially win a race.

Determining the estimated time a dog will run is done so by averaging out their recent race times. This is also used to determine which dog may be the fastest in any given race and likely win. It’s important for betters to note that distance the dogs have to run varies from dog to dog based on their post and this detail should be factored in when determining which dog has the higher chance of winning. The dog in the first post will always run a shorter distance than the dog in the farthest post because of their placement; this detail, even though a minor one, must be compensated for before bets are made.

Class of the race is another important factor in determining which dogs are likely to do better than others. Class is generally determined by grade; races with higher grades usually contain faster dogs who are more consistent. Betters should be wary of any dogs who are classified as “down in grade” because they may have previously had trouble racing with higher class dogs and have to now race with those dogs in a lower class and grade.

Dogs generally have their own preferences when it comes to how they race, this is a small fact that betters must also pay attention to if they want to determine which dogs have a higher chance at winning a race. Many dogs prefer to run in the middle of the track, near the rail, or right outside of the pack; in companion with the other factors, these preferences may play into which dog will win certain races.

Age can also be an important factor when it comes to determining which dogs have a higher chance at winning the race. Male dogs usually peak around the age of two, while female dogs peak at around the age of three.

Also a crucial factor to keep in mind; dogs who ran recently are more likely to win a race than those who may not of raced for several weeks. If a dog has not raced recently, it’s likely because it has suffered some kind of setback such as an injury or illness that has kept it out of races. Even if the dog has been known to have great form, if they haven’t raced recently, it’s not likely that they’ll win the race.

Overall, a dog who have recently run decent races, will have a higher chance of running a decent race that time around. Betters should also avoid placing high bets on dogs that are considered ‘long shots’ because they’re less likely to win the race or even perform decently.
Bettors should pay attention to sportsbooks and bookmakers prices when placing bets as it could potentially indicate the top three dogs that are likely to place since they are experienced in determining the odds. since As with any kind of gambling, online dog betting is no different.

Bettors should always do their homework before signing up with any online sportsbook to make sure it’s a legitimate and reputable site. They should be members of a well-known gambling association and have easily accessibly customer service that’s readily available to its clients if need be; They should also pay out fairly quickly in a timely fashion and their policy on disputes should be clear and on hand for clients if this information is also needed at any point.