Tips and Dangers of Online Sports Betting

Making money with online gambling is not easy. It requires great willpower to stay on the strategy. Abandoning it, except on few occasions, will make the gambler lose money and cause other more serious problems.

The greatest danger in sports betting is compulsive gambling, that in many cases is fueled by a type of bets that has become very popular during the recent years in gambling houses called “live bets”. In certain events, the gambling houses allow people to bet while certain events are taking place, messing with the psychology of the gambler by offering very profitable odds. This leads to placing a bet and by definition, this type of bets are very volatile, making the player cover his losses if the game changes. Therefore, the player has placed two bets that were not part of his strategy and odds are he will lose on both. One of them for sure. It is not recommended to the novice gambler to participate in “live bets”.

For the novice gambler, a good advice, once he has registered in one or two gambling houses, is choosing the sports they feel most suitable for placing bets. Tennis, soccer, boxing, basketball, horse and dog racing, handball, Formula 1, and others, are elements in a sports menu with a wide variety of gambling options and filled with possibilities for making money, and of course, lose as well.

It is clear that you can make money online, but you should never think it’s easy. Success in sports betting is linked to the knowledge, dedication, discipline, patience and self-control of the gambler. Betting is the most profitable part of gambling for specialists and professionals.

Get updated and quality information in publications or any other type of media before betting.

Be patient and have self-control, bet only on the sporting events you are sure of after a proper analysis since nobody can assure you they will offer interesting payouts on the one you feel comfortable betting.

Properly manage your bankroll. You must be consistent with the money you have at your disposal. Start by betting small quantities to gain experience and confidence, and expect to win money in a more or less constant manner. You, the gambler, will decide how much to bet, and it is critical to manage your bankroll properly, so it is very recommended to follow a good system or proper method that is in agreement with your playing style that will allow you to optimize your results.

 

By Matt Sacoche

Sports Betting – Some Basics About Sports Betting

Sports betting one of the few forms of gambling where skill can largely outweigh the benefits of luck. For this reason sports betting has become one of the most popular forms of gambling in the United States and around the world. Add in the passion many people have for their favorite sports and it’s easy to see why just Americans gambled 12.3 billion dollars in 2010 on horse race betting alone. Add in all the other sports that can be bet on and it’s easy to see that sports betting is a favorite past-time for many people around the world.

Betting On Your Favorite Sports Team

Each year people gamble billions of dollars on sports teams. These bets can be between friends (which is often illegal), through office pools (again often illegal), and through legally established online and brick-and-mortar gambling houses. The exact terms of the bet have to be examined on a case-by-case basis but there are some basic principles that are followed, especially for legal gambling houses.

Sports teams are not all created equally. Often, the likely winner of a game is known before the game is even played. Let’s consider the University of Alabama Crimson Tide football team, one of college football’s most dominant teams. And let’s assume that they are playing against the University of Toledo Rockets football team, which hails from a much smaller and less established school. The Crimson Tide would almost certainly win. Should the Toledo Rockets pull off an upset it would be a major event, likely garnering national headlines.

Most people thus wouldn’t bet on the Toledo Rockets to win in a straight-up match. The odds would be extremely slim. Instead, bets makers set an over/under score which dictates that the Alabama Crimson Tide must win by a certain score in order for gamblers supporting the Crimson Tide to collect their money. So let’s say the Crimson Tide are given a score of (-14). This means they must beat the Rockets by more than 14 points in order to “beat the odds.”

Betting On Horse Races

If you’re not into team sports but still want to enjoy the thrill of sports betting, a day at the races is just the thing for you. Gambling on horse races counts among the oldest and most prestigious forms of gambling and is enjoyed across the United States, Middle East, Australia, and Europe. Certain horse races, such as the Kentucky Derby, rank among the most iconic sporting events in the world.

There are numerous ways to gamble on horse racing. The most common form is “win” bet in which the gambler simply bets on the winner of the race. Just like sports teams, however, not all horses are created equal. Because of this horses are assigned odds based on how likely they are to win. For example, a heavily favored horse might be given the odds of 1 to 9, meaning that for every 2 dollars bet, the winner will take home 2.10 dollars. A heavily unfavored horse, however, might be given odds 50 to 1, meaning that the winner will collect 102 dollars for every two dollar s/he bets. Most horse race tracks place a two dollar minimum on a “win” bet.

There are numerous other types of bets, such as “Trifecta Box” in which you must correctly guess which three horses will finish in first, second, and third (in any order). If you want to learn more about horse betting you should visit your local race track and learn about all the different forms of gambling.
By Matt Sacoche

Sports Betting Strategies – 4 Skills of an Expert Bettor

Sports betting can become a good source of income if you are serious about it. Many people are able to gain from this profitable hobby and so can you. Sports betting offers a variety of payout depending on the types of bets and is more exciting compared to playing lottery.

Similar to casino games, you need to have skills to win sports bets. The following are some essential skills which you should acquire in order to win your bets.

1. Choosing the right type of bets.
Base on your capability to take risk, find the type of bets suitable for you and be a master in it. It also meant placing your bets with the right sports books which provide better odds. This is an important skill to learn and it will definitely help you to win money.

2. Understanding the game play and players
Another equally important skill is to gather information about the game and the players. Look up to their profiles and discover their strengths and weakness. These are factors which would affect the final score.

3. Making informed betting decisions
Do not bet if you did not do your homework or under others’ influences. Public opinion may not be helpful for you. Remember not to bet under the influence of alcohol or drugs.

4. Managing your money
Last but not least, you need financial management skills so that you can make disciplined wagers and not bet with everything you got.

 

By Matt Sacoche

Living on a Sports Betting Income

Sports betting seems to be such an easy job. A child can explain it as to simply bet on sports on the basis of your assumption. It does not requires any knowledge. Is it just sports betting? The answer is no. People are making some cash through sports betting but they are not making a living. Some people take sports bet as to just sleep until noon, wake up, pick three games, bet on them and collect the cash.

But this is not sports betting. The truth is much more than that. Before moving further, lets learn about different types of sports bettor out there.

Hardcore bettors: These bettors bet for money and only money. They are generally addicted to this process and need professional help to stop. They bet with money that can’t afford to loose.

Hobby bettors: These bettors bet for only fun. Their bets are based on little analysis and basic understanding about the teams. They bet with money they afford to loose.

Professional bettors: These bettors bet for living.Their bets are based on technical and fundamental analysis. They take betting as a profession.

In general, Sports betting is the activity of predicting sports results by making a wager on the outcome of a sporting event. In order to place your winning bets, you should know about betting odds. You have to be mastered in reading these odds to eliminate your chances of losing in betting.

Odds are broadly classified as fractional, decimal and money line. Theses odds varies with the different type of sports. The information displayed on the betting boards can be best used on the basis of historical success rates and the events occurring in a game. You have to be fast in assessing these odd so that you are able to place your wagers before the dynamic odds change.

By Matt Sacoche

How to Win at Sports Betting – How to Bet Like the Professionals

In order to learn how to win at sports betting the first thing you need to realise is that the most successful sports bettors in the world are not the luckiest! When you look at the estimated number of people who make a living gambling, 2-3%, it’s no surprise the average sports bettor is looking to some how find that magical edge. What do the pro’s do that recreational bettors do not? If you want to know how to win at sports betting consistently, you must read this article.

The professionals are tight lipped about one thing and generally it is their edge, you see making a living from sports betting is more about mathematics than it is about picking winners. Although the professionals are generally fantastic sports handicappers and usually pick more winners than losers over time, it’s not the deciding factor.

How To Win At Sports Betting – How Do The Pro’s Do It?

The reason why professionals are living the gamblers dream is because of proven money management systems. Simply put, they know how to bet more so than who to bet, when you realize this you will be one step closer to increasing the size of your bankroll.

It’s said that most sports bettors spend 90% of their time deciding on who to bet and not how to bet. This is the number one reason why the professionals are able to stick to a money management system year after year to make money. Make no mistake sports betting is a business like any other and your ability to think relationally is critical to learning how to win at sports betting consistently.

Not doubt you have read advice such as the size of your bets or “units” in relation to the size of your bankroll. Pro’s take it one step further with betting patterns and systems to put the odds back in their favor. Most of the time this means up to 10-12 betting strategies and betting progressions to not only limit losing streaks but maximize hot runs.

This is why professionals can pick more losers than winners over a period of time and still make money. Chances are you have seen claims on websites promising a certain percentage of winners with their product or service, in most cases the numbers sound impossible. It’s important to know that these numbers are more of a reflection of the pros money management and strategies instead of the number of cold hard winners.

By Matt Sacoche

 

Online Sports Betting – Everything You Need to Know

Online Sports Betting has been gaining popularity these last few years. The advancements in technology and the internet have contributed greatly in the development and improvement of sports betting. From the classic on the spot betting and televised betting, people of the right ages will also be able to enjoy sports betting through the internet. It is as simple as having your own computer or renting one, just make it a point to be sure that the computer has internet connection and in seconds you are on your way into enjoying the sports that you wish to place your bets on.

Sports betting online can feature different kinds and varieties of sports. From the famous horse racing, to tennis matches, football matches, baseball matches, motor racing, basketball and even cricket matches, you name it these online sports betting websites are sure to have it. Thousands of people in the United States as well as in Europe and some parts of Asia have already begun to get hooked with this kind of sports betting. Day by day there are hundreds of sports enthusiasts willing to test their luck while betting on their favorite sport through these numerous Online Sports Betting websites available as of today.

Truly this kind of sports betting can be a lot of fun. You can surely enjoy betting via these online betting websites by trying your luck but there are several things to consider before getting addicted into this kind of betting. First, make it a point to keep in mind that you cannot bet what you cannot afford. In fact, do not bet even a dollar if you do not have it. The one and only period that can be said to be safe in betting money in this kind of sports betting is when you can afford to lose it. Otherwise, you will be sacrificing money intended for other useful purposes such as food and clothing. Sports betting are full of fun and enjoyment, but getting addicted to it is gambling addiction that is a very serious problem that needs to be addressed as soon as possible.

Second, remember that you will be losing in this kind of betting. Since betting is a form of gambling, you should keep in mind that there are winners and there are losers. The ratio of winners against losers is about 1:10, so expect that you will be losing a lot, especially during your first try. If you win in your first try then you are extremely lucky as the other persons that betted with you lost there money. Try to learn through the first couple of losses that you experience as having experience will be a lot of help to you in knowing how to play against the odds.

Third, make sure that you know the sport that you are betting on. A basic knowledge will suffice, but a thorough knowledge will be a big help to you in making the right bets. You should know the basics as well as the advanced rules regarding your favorite sport that you wish to bet upon in order for you to assess on who or what to bet against other betting fanatics. By having this basic knowledge you will be on your way into making good and fruitful bets in no time at all.

 

By Matt Sacoche

Sports Betting Champ – Betting Review

The Sports Betting Champ is a sports betting system that helps people win bets at an astonishing rate. Handicappers and other betting guru’s offer advice that allows you to win bets at a solid rate of about 70%. That used to be a great percentage. However, now there’s a system that can help you win 97% of your bets. It sure does make that 70% look pretty modest.

The system was developed by John Morrison. He earned his PhD in Statistics from Cornell University and spent years researching game databases in search of a winning formula. He found a pattern among games and developed a formula that could win almost every bet on certain games.

The key is only betting on a few games. The system is not based on anything but statistics. It looks at games as a math equation and only advises its users to bet on games that fit a certain criteria.

For the NBA, John bets on about 7% of the 1200 plus games during the season. He has won almost 300 bets during the past 4 plus seasons, losing less than 10 bets. During the MLB season, John bets on 2% of the games. He has won 194 of these bets, losing just once in 4 years.

The system is very easy to use. It is designed for people that have no previous sports knowledge or prior betting experience. You don’t even need to be good at simple math to use the system. John even sends his picks to you directly through email so you can feel extra confident when placing your first few bets.

By Matt Sacoche

Sports Betting Champ – A System For Compound Returns and Growth

When most people hear of the Sports Betting Champ System and learn of its somewhat unbelievable claims they are skeptical, to say the least. I understand that position full-well because it was the spot that I also found myself in along the way before I began placing my own winning bets. I have come to understand the ‘beauty of the numbers’ which make up this powerful system.

Beginning with compound interest, you need to understand the mathematics that make up this system and why the formulas are so interesting. When starting out, it almost doesn’t matter the size of the bets that you place because it all comes down to reinvesting your winnings if you are to be truly successful at growing a large pot of money. To be able to reinvest all of your winnings into placing a bet the next size higher, you are going to need discipline, and lots of it. Furthermore, you are going to need to exercise patience as well so that you do not get anxious and take your winnings, while they are growing, and run off and buy a new sports car.

Discipline and patience are the cornerstones to a successful betting career. These skills must be developed if you are to achieve the kind of money that you are most likely looking for. If you are able to develop this patience and you are able to demonstrate discipline with your ‘investing’ (also known as your betting) then you will find your winnings will grow with each successful trade, and the best systems out there boast as high as a 97% win ratio. This is exactly the win ratio that the Sports Betting Champ system developed by John Harrison has been able to achieve. It is not an exaggeration-it is a discipline.

The key to growing an investment (initial seed capital) with a system like the Sports Betting Champ system is to know how to reinvest all winnings into the next trade (in order to place a systematically higher bet each time). If this can be done, because of disciplines exercised, then the amount you have started with will continue to grow over time and the winnings can compound on top of each other to represent significant growth to your account.

 

By Matt Sacoche

Sports Betting – Advice for Accurate Bookkeeping of Your Sports Bets

One of the major characteristics resulting from the realization of regular and constant sports bets is that you are your own boss. Therefore, in addition to being able to enjoy an ample range of advantages and ease, a series of obligations must be added that become indispensable if we wish to have success in sports betting.

One of these obligations is, without a doubt, maintaining a rigorous and trustworthy accounting records. In spite of how heavy and tedious it can become to account for all of our bets, as much keeping a record of our predictions like we do with the predictions of those we normally follow, this task can be one of the most useful tools when talking about analysis of strengths and weaknesses and the improvement of results.

We don’t need powerful statistical programs to keep an accounting record of sports bets, but just an Excel spreadsheet, which we can customize to our liking. Excel has a multitude of functions and formulas that we can use in accordance with the time and knowledge we have.

Nevertheless, there are a series of recommendations and basic advice for when we create our accounting sheet:

-Basic Columns: There are a series of basic fields that I don’t suggest you leave out, because they can be very useful when breaking down statistics, which we can highlight:

Date of event, Game, Prediction, Odds, Stake, Result (if the bet was won or lost), G/P Stake, Amount Betted, G/P Amount Betted, Tipster, Sport, Competition, and Segmented Odds. Obviously these fields are just a suggestion and in practice, you should add those parameters that you find useful, and remove those that you deem useless.

-Establishing Filters: The application of filters lets us select the statistics of a tipster or a determined group of tipsters. In addition, we can select and study the selections of a determined sport or competition, completed bets during a selected period of time, etc.

-Make regular evaluations: It’s very important to make these evaluations at least every two months. Monthly is recommended. In my opinion, between 600 and 1300 annual bets is an acceptable volume of bets if you want to focus your path on sports betting in a professional or semi-professional way. Comparing month to month our journey through the world of gambling can be very useful in identifying possible mistakes we’re making or determine the impact of luck, because a very basic mistake is not looking at it with perspective, concentrating on the short-term.

-Assessing all completed bets: Another very common mistake among gamblers, in beginners as much as experts, is make bets outside of our chosen system and that we make only because we have a hunch. These bets, like the rest, should be documented and assessed for post-analysis. If when we have sufficient samples that these bets are not profitable, we will need to eliminate them from our behavior.

 

By Matt Sacoche

Sports Betting Versus Sports Investing – Understanding Your Choices

Nowadays, there are so many options for people with money. The best option is an investment that will be able to double your money after a given amount of time. A craze that has been around for more than a decade, and is still hot these days, especially for people who are sports fanatics, is sports investing. Some people say sports betting. However, there are actual distinct differences between the two of them.

The difference between sports betting and sports investing is just the technique used in each. Betting is simply placing a wager on a particular team playing a particular sport in a particular event, and wishing your self oodles of luck.

Sports investing, however, makes use of an organized sports betting system (hence the investment, since it’s not always free) to be able to make more informed betting choices. The advantage is, this betting system actually helps people make money better because it entails analysis and research prior to making a wager. In short, wagers are based on substantial statistics. There are trends in these sports and games that experts observe to be able to predict a win.

The thing that sets sports betting apart from sports investing is the element of luck. You either make it, or you break it. A bettor is supposed to be lucky to win a bet. Otherwise, he or she has to do the ugly work of chasing back the money he or she’s lost, by betting again and again.

When investing in sports, however, luck is not a part of the equation, because the only addends and subtrahends are statistics and trends. It is a business wherein some days are fast-paced and successful, and some are pretty slow. You just don’t lose everything in one blow. You can always make up for the more disappointing days.

As far as emotions are concerned, bettors are more emotionally attached. When a sports investor has had a bad day, he simply shrugs it off, and revisits his next plan. Being a little callous helps him maintain a steady head on their shoulders. He would lose his business if he overreacted every time the market took a plunge. Sports investors lead very disciplined lives, and cannot depend on chance to do their work for them.

Sports investing requires a good skills in financial management, which is not a priority for sports bettors. It’s not just a strike-anywhere gambling game.

Perhaps the easiest way to explain their differences is from the perspective of someone interested. If you are someone with money, and would like to indulge in a hobby every weekend, you can be a sports bettor. However, if you are into long term commitment, and are ready for some serious work, sports investment will definitely be your best choice. To learn more about sports betting complete research and make an informed decision.

By Matt Sacoche