The Concept of Value in Sports Betting!

In sports betting you need to make sure that your bets (and trades) are good value in order to make a profit. If you do not do this you will still win bets but profits may be harder to achieve.

Let me explain this last statement. I actually lose more bets than I win – but the prices or odds at which I bet compensate for the losing plays.

If you bet all season long on the NY Yankees (US Baseball) or Arsenal FC (English Premiership) – to win each game – you will probably end up with a fairly good winning strike rate – but it is unlikely that you will make any money. The odds will be ‘short’ and you may do better to try and predict when these teams might falter – and bet against them at the over inflated prices being offered on the opposing teams. These opposing teams will most likely offer the value – as they are not the popular betting choice.

When we flip a coin, we know that the true chance of it turning up heads or tails is 50% or ‘evens’ (1/1).

As an example we set up a ‘coin flipping’ betting event. A neutral party begins to flip the coin. With each subsequent flip there is a definite preference for heads in the betting. The bookmaker or sportsbook takes this in his stride, he has already set the odds at 10/11 (-110 US) for either outcome which takes into account his commission. He knows that this trend is fairly usual as heads is often favored in this type of event. He decides, however, to balance his books a little by reducing his odds on heads to 5/6 and increasing tails to 1/1.

Heads is now an even shorter price and represents no value. Tails now stands at a slightly better price but still only represents the ‘true odds’ or likelihood of winning at 1/1 or 50% and so is not value.

The event continues and still the betting favors heads. Why? Well the ‘average bettor’ does not really understand ‘value’, he does not understand that heads might well be a bad bet or hold no value. He just enjoys betting and since ‘heads’ is winning – he wants to bet on heads.

The bookmaker balances his books again with a dramatic shortening of the odds for heads to 4/9 and a lengthening to 6/4 (+150 US), on tails.

At this point the professional bettor would step in and begin to place bets on tails. He knows that he has got value at 6/4 for an event where the ‘true odds’ of success are 1/1.

Understanding Different Types of Soccer Betting Odds

We found this amazing site which is the greatest resource for online soccer betting, providing players with all the information they need before they make a wager. The popularity of soccer betting comes from the high popularity of the sport itself. Millions of people watch soccer to either cheer on their favorite team or just to get a hand on the adrenaline of the game. The most important difference between soccer betting and other forms of gambling is that it takes some time to become profitable and start earning real money. However once you have learned some basic tips – as outlined here, you’ll be able to enjoy higher than average returns on your wagers.

The trick in soccer betting is studying past soccer games to get a feeling for what the best odds are and to be able to tell if one team is going to win or not. While this may sound like an obvious piece of advice, you’d be surprised at how many players loose site of the “big picture” when betting on soccer games.

There are also many soccer tips you can find online forums that analyze game stats. Probably one of the best soccer betting tips is to take a look at all the online sports books before making your first bet; different sports books offer different bonuses and different odds, all of which affect your bottom line as a sports bettor. Therefore, simply taking some time to choose the best odds will put you in the right track to win big. Some of the best sports books online are William Hill, Ladbrokes, 888 Sport and Bet 365.

Soccer betting odds are not as favorable when the point spread (also known as an ‘Asian handicap’ is involved. So for beginners it is recommended to start playing with straight bets. This type of betting is also known as 1X2 where 1 is the home team, 2 is the away team, and X is a tie.

Because the skill in picking a winner based on a point spread is more difficult we recommend going with 1X2 wagers as predicting which team is going to win without giving an exact amount of points is a simpler task. Other ways to get a winning start when betting on soccer is to simply bet on the home team each time. While the odds are usually lower on home teams – they outperform both tie bets and away teams by a wide margin.

To increase your chances of winning, you should first stick to games where you know both teams and can easily tell what their behavior on the field will be like. You chances for success at betting on soccer will only decrease if you are betting on unknown teams, or are chasing long shots with no realistic chance of winning only to make a big score.

Call the Betting Medic – The Betting Doctor by Reed Hogben MD

Betting is one field that is always very uncertain. There are times when you would be at the top of your game, winning all the bets you place, and there are times when you lose almost all your money into the bets you lose. People say that betting is a pure game of luck.

There are theories that have proved otherwise. Betting is a science and like all sciences, has its own rules. There are times when people tend to falter from the ground rules of betting and it is at this time that they start losing. In a sense, their betting abilities have become unwell and need a doctor to resurrect them. It is at these times that The Betting Doctor by Reed Hogben M.D. comes to your rescue.

This book is a sure shot way of regaining your sports betting powers once you feel to have lost them this book is one book that you will find a good read and one which will also help you a lot. There are many different ways in which you can win at sports betting. But there are very few ways in which you can get your betting ability back once you start losing.

This book is different in its genre and is a must read for professional sports bettors who have seen better days in the past. If you want to get back to winning ways, we suggest you get this book for yourself. This book will be your guide to the myriad world of sports betting and the ways to win at it online.

The Best NFL Betting Picks and Football Predictions to Finally Start Winning

NFL football betting picks and predictions are a huge market with few consistent winners.

NFL sports betting is one of the most popular betting medians online today. Anyone who enjoys watching football or the NFL loves to wager on a game to make it more exciting. However with such a huge following and so much money in one of the richest games on the planet, more and more people want to get a piece of the pie.

90% of people who bet on football loose over time, it’s statistics that keep bookies and sports books running at a profit. However there is a small group of people who consistently profit from betting on this game.

The small percentage that do consistently profit are professional gamblers that either really know their football or follow a proven system. Both professionals have flaws in their methods but both need sound money management systems to stay profitable over time.

Knowing where to get your tips, picks and predictions can be difficult because so many people over advice. Most sports books even offer free NFL betting picks, because they know the odds are on their side over the long term.

Paying for NFL betting predictions can be expensive if it is on a recurring basis, and you would have to consistently wager every game to get your money back. It can also take a long time to test different sources and find a viable expert, due to the fact you can’t make an opinion off only a few picks.

Being a successful online business owner I decided to test this market, and built a team to study the formulas, strategies, picks and predictions available, to see if someone of limited knowledge could consistently profit over time.

Our studies found the price of recurring products to be a major problem with beginners of limited funds, due to the increased pressure. We also found that the best picks came from people who understand the game while still using a system or formula to put the odds in their favour.

The Best picks we found came free with the purchase of a proven system, meaning there is no ongoing cost or recurring fees putting pressure on the beginner.

The Best Free NFL betting predictions came from an online sports book called “Bet US” however they are not a viable long term solution, and are more for the hobbyist gambler or sports enthusiast.

Best Online Sports Betting Sites for Your Reference

It is hard to find a safe and trusted site where you can do online sports betting. In order to find one, you need further research. Here are the top five of the best online sports betting sites that you can try.

Bet365.com is one of the most establish and oldest site that offers a sociable interface layout for online bettors. They started since the year of 1974. It is an outstanding sports-book for those gamblers who played online that likes the choices and selections of different online sports betting. It is secure to play in this website. They also offer almost everything like greyhound racing to handball and dart tournaments.

Another online site is called Bodog.com. It is one of the very first online sports betting website. They built the website for the principle of security, professionalism and also for enjoyment that’s why they always ranked as one of the best sports betting site. They started since the year 1995.

BetCris.com is also one of the top five which you can visit because they offer specialized action and plenty of betting selections for European gambling public. They started at the year of 1985.

Another one of the best online betting sites is the BetJamaica.com. They offer online sport bettors a sports book that has professional management. They have a strong, trustworthy sports book with excellent funds and have good software in order for the customer to have secure betting. They also have an excellent customer service that’s why they are one of the best sports betting site. BetJamaica.com started since the year 2003.

Last but one of the top 5 best is the BookMaker.com. it is the sister company of the BetCris.com. They are one of the most well-known and the suggested gambling site online. They offer substantial bonuses and it has no upfront fees.

BookMakers.com also covers a wide range of online gaming selections everything from racing events and sports. They also offer online casino games that allow the costumer to play with other players. You don’t have to worry about the safety of your winnings and betting because they have safe methods in depositing and withdrawing your money. They started since the year 1996.

Remember, always try to read up the necessary information before you bet, and see the odds given by various websites for the same game to get the best leverage.

How to Get Started With Sports Betting

Sports betting is simply placing a wager on a sporting event. You are betting that your team, horse, dog, or driver will win. If they do win, so do you! If they lose, you lose your bet amount. Sports betting takes place all over the world, though in the United States this type of betting is not as highly accepted as it is in Europe.

Online sports betting is probably the best option for those who are interesting in trying it for the first time. If you have never tried online sports betting, you are missing so much fun and excitement, and it can all happen in the comfortable surroundings of your home! The art of sports betting can seem confusing at first, but once you are familiar with some of the jargon that is used to explain the concepts and logic behind each type of bet, it is all much easier to understand.

One of the best ways for you to experience this engaging way to bet on your favourite racing and sporting events is to get acquainted with online sports betting. However, in order to best take advantage of all that sports betting has to offer, you need to know a little more about it.

Sports Betting – The Odds

How does online sports betting work? You should start by studying the odds for the sporting event you are most interested in placing a wager upon. When using online sports betting, you can find these odds in the various online sports books used by Internet gamers everywhere. You must open an account with an online sports book before you can place your bet, but this is simple to do.

Once you have chosen where you are going to do your sports betting, you need to decide how you are going to place your bet. There are many different ways for you to wager your chosen amount of money, but first, let’s talk about the spread and how it can affect the amount you bet.

Sports Betting – The Spread

The spread is a point advantage in sports betting, which is usually given to the team that is generally expected to lose a particular sporting event. If you decide that you will bet on the team that is expected to win, they will have to win by more than the spread number and cover the spread before you are considered to have chosen correctly. If you choose the team that is expected to lose, that team will have to lose by less than the spread number in order for your pick to be considered correct. If by chance the team wins by the number of points that were chosen as the spread, the game is called a push.

No one who engages in sports betting wins a thing if a game is called as a push, but you do get the amount of your original bet back. The point spread is done in order to make the all of the bets come out even for the sports book, and is usually done for sports such as basketball or football.

Sports Betting – The Bet

If you were to bet against the spread, most likely you would place a type of bet called an 11-10, or spread bet. By betting $11, you win $10 if your team’s score covers the spread. This is another way that the online sports book makes its money.

An over-under bet is also an 11-10 bet. With this type of bet, the total score of the two teams that played will be either over or under the total score that was listed before the game was played. Betting on the score being over is called ‘betting on the ball’. Betting on the score being under is called ‘betting on the clock’.

A proposition bet is a type of bet where the online sports book chooses what the odds and the conditions of the bet are going to be. This type of bet can be most interesting, even a little fun at times, for the conditions can be as unusual as which of two football teams will make the most touchdowns, which of two basketball teams will score the most three pointers, or even which individual player will make a certain move for the team. The odds for this kind of bet are sometimes 11-10, but can be better or worse depending on the circumstances.

A parlay bet happens when you are betting on more than one event, usually three. This type of bet gives you a much higher payout if you should win, but the catch is that all the events you bet on will have to win. If even one of them loses, they all lose, and you lose the amount that you bet.

A money line bet seems rather formidable, especially to someone who is just getting into online sports betting, but it is really one of the simplest bets of all. It is also called a Straight Up bet, and there is no point spread to consider. You will just choose your sport, and then the team you think will be either the underdog or the favourite. In a money line bet, the sports book will have numbers listed that are in the hundreds, with either a plus or a minus sign beside them. These numbers are considered the ‘money line’, and are the multipliers for the bets.

If the money line for your team is listed as 100, you will make an even bet. This means you will wager the same amount that you will get back. If the money line reads -110, then you must come up with the amount of money you have decided to bet, plus 10%. This extra 10% is known by the name of ‘juice’. If the money line for your team is listed as +110, then you simply place your bet with the amount you choose to bet. If you win a money line bet, you get the amount of your bet plus 10% back. For example, if you bet $10.00 and $1.00 in juice on a -110 money line and it wins, you get $21. 00.

A teaser bet in sports betting is actually a proposition bet that allows you to change the odds for the bet in either direction so that the wager is in your favour. You can go up or down in points, and must choose at least two teams, as is done in a parlay bet. You can have as many as 6 separate teams included on a teaser bet, but all of the teams chosen have to win in order for your bet to be declared a winning one. Once the games are over, the points from the teaser bet are added or subtracted from the final scores. The odds for teaser bets can be different each time, so it is a good plan to always check the sports book before placing your bet.

A tip to remember is that generally, when placing a wager on any sport that can finish with a high score, such as football, you will have a spread. Sports where the ending score is low, such as in baseball will have a money line. Remember also that favourable odds on a game can sometimes work in your favour. Online sports betting allows you to easily go from sports book to sports book to find the best odds.

Secrets of Sports Betting – The Bookmakers Secrets!

During the 1980’s, I was part of a group, that used computers to win millions in sports wagers from Las Vegas Casinos. This was before personal computers were in everyday use. The invention we not call the internet was years away from having access to handicapping stats and data. We were successful for two reasons. First we were ahead of the odds makers in collecting important information. They were still doing things the old way, and we took advantage of that loophole.

Those days are gone forever. The second key to success, is to understand how the numbers really work.

ODDS DO NOT PREDICT THE WINNER

Think of it this way. “Odds do not predict who will win. They are actually predicting who the public THINKS will win.” Most sports punters, both professional and novice, do not understand the secrets of the bookmakers.

Two-way sports wagers, (meaning two teams with a 50-50 chance of winning with no ties) are posted at odds of 11-10. This means you wager £11 to win £10. Half the punters select team A, and collect their £10 when they win. The other punters choose team B, and lose the contest paying their bookie £11. You would think this gives the house or bookmaker a 4.55% advantage. You would be wrong with this assumption, but do not feel bad, 99.5% of the bettors think like you do.

THE BIG MISCONCEPTION

General thinking goes something like this. The bookmakers, insure themselves a profit only by balancing their books. In other words, they hope to get half the bets on each of the teams, thus they win every time. In reality, they hardly ever balance their books, or even come close. Your may find small local bookmakers, with small bankrolls, try to operate in this manner, but with so many internet shops available, even they can even up lopsided books. Many small bookmakers do not even know the secret. They are like the rest of the cattle and travel along with the herd. The erroneous belief that large sports bookmaking operations need to balance their bets is the big secret in the industry. What they do need to accomplish, is secure plenty of volume on both sides, without actually balancing the books.

THE BOOKMAKER’S SECRET REVEALED

Suppose the bettors in our example game, risked $165,000 to win $150,000 on the favourite. But the public only bet $82,500 on the underdog trying to win $75,000. This looks like a mismatch, with the bookmaker heading for big trouble if the favourite wins. If the dog prevails, the sports book makes a profit of $90,000. He wins $165,000 from the favourite bettors, and pays out $75,000 to the Dog winners. If the Favorite wins, the bookmaker loses $67,500. He will win $82,500 from the underdog backers, but lose $150,000 to the fans who bet the favourite. This results in a loss of $67,500.

Now you may be saying too yourself that math does not make the house a winner. So let us review, when the Underdog wins, the bookmaker wins $82,500 but if the favorite wins, he loses $67,500. Favourites and underdogs usually split the winning equally and each side 50% winning of the time. Half of the time he will lose $67,500, the other half he will win $82,500, so his profit is $15,000 no matter who wins. So in our example, what is the bookmaker really risking? The bookmaker is really risking $67,500 to win $82,500. In simple terms, he is essentially laying $75 to win $100. That means he does not have to even win 50% of the time to break even. The house only needs a 42.9% strike rate, after that, it is all profit.

TAKE DOWN A 33% PROFIT NO MATTER WHO WINS

Give me odds of losing $75 and winning $100 on a 50-50 coin flip wager. I will beat you every time with this huge house advantage. To most fans, the general thinking is the bookmaker needs to balance his books with equal wagers. From my example, you can see this is not true. When you have bettors risking twice as much on the favourite side, you are getting a 33% return on every dollar.

What Sports Betting Websites Present More Than Odds?

In this article we are going to discuss about websites that contain the superior sport betting solutions.

If you Google it, you will find thousands of links that are about sports betting and some of these links contain great betting tips on the Internet. Let’s study closer on certain of these websites.

If you are a good bettor and are familiar with betting you might have heard of Bodog, Betmaker, The Greek and Pinnacle? These websites are the best sports books as many reviews have confirmed them and wrote several reviews about them.

So what is that these books offer to make them so special compare to the other sports betting websites?!

What similarities and strategies could these websites have? More than anything else it’s our decision, not the conditions of our betting’s that determine our betting’s destiny.

These websites have some advantages which can help a bettor to win the game or guess which sports team will win the game. The following are some facts that reveal some of the advantages that these websites do have:

o The first and foremost fact is that these websites concentrate on sports betting. You don’t see ads or any other topics in these websites. It is all about game and betting. We won’t deny the fact that there might be a couple of casino games or poker games in some of them, but the focal attention of the website’s content is sports betting. So as you see the niche is pretty clear about spots gambling. These websites contain the best gambling with great graphic and user interface. Webmasters of these websites try to keep them bug free so that people will enjoy surfing around and betting on their favorite teams.

o These best sport books contain the best online support that make sure your needs are met. They are there to answer to your questions and help you to solve your problem. This is one of the important factors for an online business which is to provide a great customer service.

o They provide odds upon the entire great USA sports which are famous and favorite teams not only in America but also the other countries of the world. These websites or sport books contain popular odds such as: soccer, football, hockey and cricket.

o As we talk about earlier, these websites have a great user interface and various methods of payment. This will facilitate payment procedures without a problem. A user who wishes to use these betting websites can trust their payment gateways as they are equipped with security system which prevents hackers to hack in and steal away people’s money. A user simply sings up a membership, receives some amount of bonus on deposit, and then starts the game.

o These electronic sports books or websites provide services such as point spreads and over or under and moneyline

o Each of the sites provides free information on betting and/or sports news.

o All of these sports books have a track record of at least nine years.

Although these websites have a great security system, you might think as to whether anything happens and you experience any problem! Long story short, you might think whether something goes wrong!

I presume nothing is 100% secure as long as it is online. Hackers nowadays have been using sophisticated tactics and methodologies to break in to a system. There are no doubts in it. However the odds for these sites get hacked is 30-70%

However there are many factors for you to consider when you wish for choosing the best sports book on the internet. This is up to you to choose which website you would like to choose. Nothing can resist the human will that will take even its existence on its stated purpose. As long as you plan to win a game, then you are prepared to give it a go.

In Football Betting – Are the Punters Betting Against the Bookmakers?

Most punters believe they are betting against the bookmakers. In fact, they are betting against their fellow bettors. This is represented by the fluctuations of the odds.

Why do odds change? Odds constantly change on an outcome in a particular game in response to:

* number of bets and

* amount of money staked

This is why you can see odds around 2.10 in the morning and get only 1.90 later in the day. For example, if $1000 is staked on Home win, the price for Away win will then go up to make the Away team more attractive for the punters to bet. Through the adjustment of the odds according to the market conditions, the bookmakers’ objective is to balance their books for that event.

Bookmakers do not gamble. They charge a certain percentage of margin for each bet and as long as their books are balanced, they win irrespective of the match outcome. The bookmakers set the odds according to demand and supply to balance the action from all sides and because of the margin, they always win.

In the event a bookmaker could not balance his books through odds fluctuations, he will then reduce his risk by transferring some amount of the bets wagered to other bookmakers that have odds better than his own. This is known in the industry as ‘farming out’. Thus, besides the punters, sometimes the bookmakers also trade on the betting exchanges to balance their books.

If the imbalance of money staked in an event is too great, for example, due to rumor of fixed matches, etc, the bookmakers may remove the event altogether.

So the punters are betting against each other. This means when punter Mr A wins in an event, his win is actually paid for by losing punter Mr B.

This cast the bookmaker in the role of a broker who takes commission on the market and funds the winners from the losing bets.

Best Online Sports Betting Sites

The world and the things around it are mostly working by the touch of technology. The alterations that we are having made by the technology are being so beneficial to us. Things are made much easier now and almost everything is more useful. The computer is the number one example of the change that the technology has given us. We do not have to go places or read books anymore just to be able to research; for we can now find anything we need like jobs or places by Google. We can also look for entertainment in the computer through fun sites. If you are a book lover or just plainly curious, you can read novels or any type of books like online sport books in your computer. In addition, downloading it would be better so you can upload it to your gadget and read it there. There are also numbers of job online if you are looking for one.

If you think it would be hard, well it is not. Communication is very easy to establish with the internet by electronic mails or what they call as E-mail. You can also chat by instant messaging or see one another face to face using the web cam that can be bought and attached in your computer. Most people make money from computers. Gaming is so demanding to all ages. That is why most invest for computers to build their own shops. Some might not be a fan of online games but surely there will be sites that are so much in demand to look at too. Gamblers are seen in such stores as well because of the sports betting sites. They are the ones that make money by online sports betting legal.

Sport betting is obviously a kind of gambling. This is usually played by those who watch sports regularly or people who just want to make money. This works by betting on the team on any sport, which can be soccer or basketball, by putting money in any cost you want in it. If the team you bet on loses, then you have just lost all the money you bet. However, if the team got the victory, you just got all your money back with profit, which makes you richer than you are right now.

Is this easy or what? This betting process is usually done in betting houses but now, you can just go over your computer to look for the best Sports betting online that is available for you. These sports betting online sites are scattered in the World Wide Web for you to find. Making the betting online has saved us from wasting so much effort and time. But then again, which can be the best sports betting online site from all that you will find? You should ask the betters you know on the site which ones they would think are believable. The site must have a good reputation and are already trusted by many like the enthusiasts in sports betting.

You may look at sites like VIP sports to help you with betting on your picked sports team. This VIP sports is known all around the world by their eminent betting online. They will give you choices that are deluxe in the line of sports betting like NBA, NFL, Formula 1, NASCAR, horseracing and the most famous sport in America, the Major League Basketball. The VIP sport is not the only site that is best in the world. There are also BetCom, MyBookie, BetGameDay, and many more.

These sites may really be the best in sports betting but then these do not guarantee you a win. What you will need is a system that will make you win and consistently let you earn money.