Posts Tagged ‘wagering’

postheadericon Keeping your bankroll full, using the Kelly Criterion

Gambling on sports is now a fascination for many, with more and more people indulging in this type of internet gambling than in other traditional gambling games. Gambling is now a worldwide phenomenon with most countries establishing laws to legalize and regulate it. Concise laws have been established to regulate betting it has developed into an industry with many online betting companies competing for members on a global scale. Anyhow, in reality, taking care of your money is not just important, it’s absolutely critical if you want to show a profit in the long term. Failure to exercise proper money management more than often results in excessive money loosing, or even the sudden loss of your entire betting bankroll.

The first step to bankroll management is to bet money that’s specifically intended for sports gambling. If you are not interested in showing a long term profit or being a big sports bettor, that’s fine; in that case, you can all the time just spend a few dollars into an web sportsbook account and make bets until you lose it. But for big handicappers, having a dedicated bankroll is a must.

Having that bankroll is important for several reasons. Firstly, you don’t want to end up getting from money that is needed for bills or other expenses just to make a bet. In fact, you must absolutely make sure that you’re not betting with money you need to cover expenses or that is being saved for another purpose. But the benefits of having a dedicated bankroll go beyond your own protection. It in fact gives you a baseline from which to calculate how big your bets must be on average, and makes sure you all the time know how much cash you have to bet with.

One of the most common way to manage a bankroll is to pick a % of your bankroll you would like to bet on each bet. The optimal method of doing this is named the Kelly Criterion. The idea behind the Kelly Criterion is to increase the speed at which your bankroll will increase while maintaining your risk of ruin as low as possible. Calculating your Kelly Criterion is relatively easy. First, when making a bet, take your odds of winning that and multiply it by the odds you are receiving. Then, take that number and subtract your chance of losing the bet.

Finally, take the result of that step and multiply it by the odds again. Anyhow, it’s probably best to bet less than what the Kelly Criterion says you must bet. This is mainly because we tend to overestimate our chances of winning any given bet. For example, while you might think that you have a 50 percent odds of winning the bet in the above example, the odds are that your actual edge is not nearly that big. It’s best to play it safe and bet less than what the Kelly Criterion suggests. While gambling too much can be disastrous and even lead to losing your whole bankroll, the worst that can happen from playing it safe is that your bankroll grows somewhat more slowly – and in bad times, it can be the difference between saving your bankroll and going broke.

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postheadericon Horse Racing Basics

I believe all of us have seen Horse Racing in the television set at some point and there really is little cause for the rare onlooker to remain watching.

Horse Racing simply truly becomes a exciting sport when you’ve submitted a wager as well as the outcome of the racing has either emptied or filled your wallet. If you possibly could get to the race track and observe the competitions live the idea truly is one of the most fun and exciting solutions to dedicate a full day.

Horse Racing is simply a competition of quickness among two or more horses all around a route. There are 4 varieties of racing, flat racing, harness racing, steeple chasing and quarter-horse racing. The sort of racing, distances run and also the admittance criteria for the horses may vary considerably depending on what country you live.

Horses are bred specifically for swiftness and durability to be able to get to the finish line 1st. The breeding, training and racing of horses in lots of nations around the world is a big industry, in association with the betting sector it permits the game to succeed. Top rated horses can win millions and earn millions more supplying stud services.

Gambling is identifiable with Horse Racing plus much more cash is wagered on Horse Racing in comparison with every other sport. The earnings produced by Horse Races permits big prize money to be offered to race victors and a large number of horses are bred every year in order to uncover a victor horse.

Live odds absolutely are a smart starting place for just about any starter. You can get a smart comprehension of how to come up with a succeeding bet from many diverse websites.

With any luck , with the essential information gained from various internet websites your losses will not be assisting to pay that prize money.

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postheadericon How To Get Started With Sports Wagering Systems

What is sports wagering? Gamblers have diverse conceptions about this. On the other hand, gamblers have misconceptions about the sports wagering systems as well. Sports wagering systems refer to a set of events, that when combined for a particular match in a specific sport, represent a profitable betting scenario. Since sports betting involves humans, there is no deterministic edge to the sportsbook or the gambler. Systems supposedly enable the gambler to have an edge. Betting on sports is now a source of income for many, with more and more players indulging in this type of online gambling than in other traditional gambling games. Betting is now a worldwide phenomenon with most countries establishing laws to legalize and regulate it. Concise laws have been established to regulate betting, which has developed into a field with many online betting firms competing for users on a global scale.

Professional bettors employ systems in their analysis to set more accurate odds. Therefore, the inexperienced gambler may believe that applying a system will always work; it is the general consensus that at some point, the odds makers will have adjusted for the system to make it no longer winning. Very short-lived systems are called trends. Additionally, any single event that estimates a selection to have a greater probability of winning is referred to as an angle, as they are meant to be used in conjunction with other angles and trends to produce systems. There are two types of sports wagering systems which are discussed here.

Multiple regressions – No bettor will ever be able to call a match within 100% accuracy, because there will always be undetermined agents. On the other hand if the bettor has the right info, then the bettor will surely be able to predict the event like a pro. Wins, losses, win to lose ratio, home match record, away game record, past ten games outcomes etc, such useful historical data is required to know to apply multiple regression. Therefore, these have to be considered in sports betting systems.

Statistical Anomalies These are deviations from the common rule and give any bettor a competitive edge in sports betting. Additionally, it is very amazing to know that most scores in a football event happen only in the 3 and 7 point markers. Of course, there are always missed extra points, safeties and conversions, but when compared to all points scored, they only account for a small percentage. This statistical point distribution factor enables the possibility of statistical anomalies. To locate anomalies it is required to thoroughly study players and team statistics. You should also remember significant factors such as injuries, does the team tend to win more in indoor or outdoor sports stadiums, weather, what atmospheric conditions is the team used to playing in, etc. It is also wise to look for anomalies based on public opinion and team psyche in sports betting. Moreover, factors that are used to determine sports betting systems are a mix of psychological, motivational, biological and situational factors that, based on past performances, support one team over another.

To conclude, it can be said that if you are sports enthusiasts, and you would like to put a little bet on some game or think that you can predict successfully, then you can use this information to earn some money and become a successful sports punter.

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postheadericon Quality Wagering Options At Intertops

In 1983, the German, Detlef Train used a betting license obtained in the UK to launch the first online wagering platform known as Intertops. It came to life as a website providing online sports wagering opportunities on popular games and these days is hosting over 4,000 daily bets on a majority of games around the globe. Avid fans and sports enthusiasts from over 180 countries use entertaining features at Intertops to have fun and win big with various bonuses to keep them loyal. One of its best accolades is being the online sports betting site where the world’s very initial online bet was wagered. The company moved to Salzburg, Austria in 1992 to take advantage of more attractive tax rates, which enabled it to operate for less in order to be able to give its clients more rewards. In the late 90s when online wagering became popular, Intertops was already widely known as the place for fun, with compelling wagering experiences and continues to live up to its reputation.

Intertops sports betting offer bonuses on a broad spectrum of sports, from football, golf, tennis, etc. to handball and motor sports. Every bet you make on the portal earns you points. This way, once you make 10,000 points, you become eligible for an instant cash bonus. Additionally, if you deposit cash into your account on a Tuesday, you stand to earn 10% bonus of up to $50, which is quite an attractive proposition for customers looking forward to making some quick money and also enjoy the betting environment on the site. The site has loads of information on various games and wagering styles.

Intertops is a member of the Antigua Offshore Gaming Association which acts as a third party arbitrator to provide conflict-mediation in the Internet betting business. It is also a member of the European Gaming and Betting Association another body that can help to resolve disputes that may arise. As a member of these associations, Intertops must adhere to guidelines that ensure gamblers’ satisfaction.

Wagering is easy at this website with players simply choosing the match that they want to wager on from a list, and filling out the online wagering form with the information to be authenticated. Membership obtained by following a few easy steps to provide authentication information. This portal takes a extensive range of wagers, starting with a minimum wager of $1 and going up to a max of $100,000. Numerous banking methods are available for secure and convenient deposits and withdrawals. Money can be transferred with credit cards like Visa and MasterCard or clients can use online deposit sites like Moneybookers, InstaDebit, Neteller and others. These online banking sites are comprehensively secured, and they provide fast and reliable services. Intertops also employ the highest security standards that are currently available in the industry and ensure that putting money on games is very secure. Using Secure Socket Layer (SSL), powered by 128 bit encryption and all data communicated by the site to any other website or person is completely encrypted. Users can use a single wagering slip to bet on numerous games at the same time, conveniently increasing their odds of winning on that slip. Withdrawal can be done using wire transfers and online banking portals like InstaDebit, Neteller or Moneybookers.

Over the years, Intertops sports wagering has learned and experienced many lessons in online wagering, and has employed these to become one of the most professional in the business. It offers dedicated client support channels that can be reached by email, telephone or fax from anywhere in the planet. Toll-free numbers are also provided for users in the UK, North America, Germany, Austria and Switzerland. Offering sports betting bonuses and other regular special offers, Intertops is a premier site with a worldwide recognized name in the online betting world.

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postheadericon Internet Sports Books Are Not Going Anywhere

Gambling is among the primal instincts of the human race. The less man knows about the future, the keener they are to place a bet against it. In spite of the fact the house always, well usually wins and the gamblers are hardly able to keep consistency; they keep fighting, keep gambling, and keeps the industry growing. The sun never sets for a true-to-the-core gambler.

There was a time when wagering on everthing had become so big, but there was no regulation to support its increasing popularity. Naturally, regulated sportsbetting was only a matter of time and it played out that way. Today, wagering is mostly regulated and off-exchange activities are kept down to a minimum level. Bookies have proliferated in most nooks and corners. There is just no shortage of gambling venues if you’d like to get involved in internet sports betting. In fact, the creation of internet sports books has ensured increased transactions over the entire world of online gambling. Also, its now feasible for a person in Japan to bet on a tennis match at Wimbledon via an internet sportsbook located in Costa Rica.

The equation of demand and supply continues to be the main reason for commercial successes in every market. The same holds true for sports gambling. Wide-scale sports gambling both online and not. have created the need for a secure wagering system outside of casinos and bookies. Online sports books are the answer to these problems. They have made it far easier to make a bet at any time and without the fear of their money not being safe. The liquidity crunch is something of past. You can bet big bucks and be assured that your winnings will find its way into your bank account through the many withdrawel methods offered and in a timely matter.

Nowadays you may buy sports betting picks from professional bettors. The idea is to offer picks to gamblers and assist them to get an advantage using their research and experience in the field. Alot of people are starting to use these picks and some are doing better in their wagers. While these picks could give you some advantage, they can easily fall flat due to the nature of gambling. You’ll never predict the future acurately becuase many things can happen on any given day. The way to get around this is a great money management system. The money management system can keep you from losing your bankroll and purchasing picks can help you to get a better win percentage.

Top notch online sportsbooks provide you plenty of options. They charge more for telephonic wagering and a little less for virtual wagering over the web. You could use your bank account, credit cards, or an online wallet to fund your account. There is no shortage of games you can bet on, giving you a chance to play several hours a day. This benefits bettors if gambling is a prominent leisure hour hobby for them. It can be said without a speck of doubt that online sportsbooks are there to stay.

Rich Vial is a Article writer for US Player Sportsbook Sites & Online Sports Betting.