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Odds for the 2010 PGA Tournament Tuesday, Aug 10 2010 

Sports’ betting is a popular pastime and can include several different varieties of sports. These types of sports are not limited to basketball, baseball, or football. Golf is one type of sports betting event that is not to be overlooked, among these events is the most popular PGA Championship. The 2010 Championship contains a great deal of sports bettors who are already contemplating their bets and chances of winning. Odds have already been configured and updated online for this year’s Championship game. For the first time since sports betting for golf became available, Tiger Woods is not the favorite.

Currently, Woods has a 12/1 or +1200 odds to win the 2010 PGA championship. This means that the payout will be $120 on a $10 bet; odds like this have never been seen before for Tiger Woods, this is due to Tiger’s absence from the game and his recent sub-par performance.

The newest favorite to win the 2010 PGA tournament now favors Phil Mickelson with odds of 10/1 or +1000. One analyst says that the odds for Woods should be even higher than it is based on his performance, but the odds makers are afraid that offering large odds for Woods would ultimately be too risky. Still, 12/1 is not normal for Woods. Still, it is likely that at least fifty percent of people placing bets will bet on him.

Despite the odds and his performance, it is difficult for many people to vote against him. In addition, despite the odds anything can happen. Woods was once thought of as the best golfer to ever live and it is quite possible that he could fair well in any tournament no matter what the odds are. This is often difficult for the bookmakers in the online gambling world and creates a larger possibility for payout.
M.A.H.

Live Betting Tuesday, Jul 27 2010 

Over the years the sports betting industry has been one of the fastest growing sectors on the Internet, growing exponentially year after year. Online sports betting started at the same time the World Wide Web became available to the general public, it gave the sports betting industry a boost, and the effects of that boost don’t appear to be wearing off any time soon.

As the online sports books matured, so did the options offered to gamblers, as more and more options and features became available to them, like betting with their mobile phones, and special applications they can download for the IPhone, and Ipad platform. One of the most recent and most popular new features however is live betting, which is on its way to becoming the most popular betting method available.

As the name suggests, “Live betting” allows the player to bet during the game, as it plays out. To the bettor this can be an advantage as well as a disadvantage. The advantage is that the bettor can respond to game information immediately, the disadvantage can be having multiple bets on one game. This kind of betting can easily make or break a bettor in the long run, as it can turn out as having too many stakes in one game, but it can also be the exact opposite, depending on the skill of the player.

When betting live, odds are king. The player must find a sports book, or even several sports books that can provide the odds they need, while the game unfolds. For this reason the best strategy to engage in live betting is to use several online sports books, which offer this feature.

Finding them and those that offer the right odds can be a task of its own. Live betting is on the rise in terms of popularity, but not all sports books have the feature built in, so they have to be searched for and found before a game begins. Once this is accomplished and a bettor has a collection of sports books that do offer live betting, they can in turn shop around during the game in search of the best odds to wager on.

Generally a player can wager on almost anything, like the end score, but also a wide variety of specific aspects of the game, like who will score the most goals during the game, or other specific game facts.

Live betting is by far the most exciting feature to come out for online sports bettors in a long time, and one all players should familiarize themselves with, as they will most likely encounter it as it rises in popularity and it may very well replace the way we currently do our sports betting. To the gambler, that does their research and knows how to handle live betting, it can be a tremendous asset and valuable tool in their betting endeavors. In time they will be glad to have taken the time to master the art of live betting.
M.A.H.

The importance of having a game plan Tuesday, Jun 1 2010 

Most people when signing up with a sports book in order to place a wager, do so after having drawn up a proper game plan. They simply sign up, make the required deposit and place the bet(s) of their choice. Through this way of betting the player sets themselves up for a whole range of problems they could encounter, not considering the fact that without proper research and strategy they are betting whilst giving away the advantage to the sports book.

Creating a game plan before actually signing up is vital in order to bet intelligently and without problems. Before signing up, set yourself a goal which is doable. After determining this goal, have a look at the sports book you plan on placing the wager(s) at. How easy is it to make a deposit, and more important, how easy is it to get money out again? This is a factor most players tend to forget, only to find themselves wasting time trying to get their wins out of the account and in to their bank account.

Research matters, like what is the maximum limit of an account at that particular sports book, is it suitable for the goal you have set for yourself? If the answer to this is yes, it is time to move on to the next part of our game plan.

While betting we do not want to keep depositing, only to be forced to place last minute bets, because it took so long for the money to be transferred into the account. For that reason, it is best to place one initial deposit covering the money we plan on wagering in total. Once winnings come in, do not take it all out again, but limit yourself to a percentage, like 25% on a weekly basis. This way there will always be sufficient money in your account, without the need for making deposits, while you still have money going to your bank account each week.
What works for me is to set a fixed day to withdraw my winnings every week. That way I don’t forget to withdraw my money, but it also forces me to look at my account and go over the bets once more.

Placing the bets is another matter, do your research first, pick the game apart, follow the money line, and when the time is right, place the bet. Thanks to our game plan we have this luxury as we do not have to wait for deposits to arrive, and thanks to the research we are not giving away our advantage to the sports book, which increases our chances of winning.

Finally, keep track of your past wagers and the results. Personally I keep a log of all my previous bets and from that I can observe patterns that assist me in planning my future bets, and more importantly, it keeps me from repeating mistakes.

All of the above combined make up a well crafted game plan, which is solid, realistic and will increase your chances at winning and ensures you will not encounter any problems while betting on your favorite sports.
M.A.H.

Online sports betting on the rise Friday, May 21 2010 

In today’s modern times more and more people are turning towards sports betting using their PC within the comforts of their own home, instead of taking a trip to the familiar places like Vegas or Atlantic City.

Over the years offshore sports’ betting has turned into a professional business that is safe and secure, providing everything a gambler could want ranging from entire casinos to online sports books. The numbers of gamblers that are turning towards sports betting online are still increasing.

The advantages of offshore sports betting online are the main reason many gamblers are turning towards the online variant, instead of the traditional brick and mortar casinos and bookmakers. Unlike the traditional locations, the Internet is always open, allowing gamblers to bet whenever they want and wherever they want, which makes online betting more convenient, also the online gambling sites often offer a lot more features than their land based counterparts.

However, not all casinos online are the same, doing some research into the site you plan to use for your betting habits is invaluable, as there are still many con artists out there doing their best to take your money.

Finding the required information is easy these days thanks to the many review sites, which will allow you to check up on the gambling site in question. While doing so, make a note of the amount of complaints the site has received regarding withdrawals.

On the other hand, the number of reputable and well established online casinos and sports betting sites are increasing rapidly. These are the gambling sites, running a legitimate business, fully licensed, and in compliance with the laws of the country their operation is based.

With the arrival of the Internet, the gambler was suddenly presented with lots of choice. In the past, a trip to the bookmaker or casino would limit the player to whatever options the establishment offered. It was a type of “take it or leave it” situation, but online, that same gambler has hundreds of online gambling sites at their fingertips to choose from, which leads to some healthy competition amongst the online betting sites. It also enables the gambler to place his bets at the site providing the odds and features that are best suitable for that player’s needs.

This being said, it is really no surprise that online betting is on the rise, while the traditional sources suffer from a rapidly declining clientele. It is for that reason that many of the land based casinos now are establishing an online presence, that equals, and often surpasses the features they offer at their establishments, and due to this increase in healthy competition, the player wins in the shape of higher, more lucrative bonuses, that are given in order to attract the player to gamble at their online gambling site.

Any way you look at it, offshore sports betting is on the rise and will remain so for a long time to come, as more and more gamblers discover the advantages of placing their bets when they want, where they want, under conditions the way they want them to be.
M.A.H.

General Sports betting Friday, Apr 30 2010 

Almost all people enjoy sports one way or another. Some enjoy watching it, while others enjoy placing a wager on it. In both cases sports has always been an important factor in people’s lives.

Upon noticing the often enormous amounts of money the famous players in sports rake in, people decided to come up with their own way of profiting from the success of these players. This was in fact the early form of the “sports bet”, leading up to the way sports betting is done today. In these early days, people would place a wager on their favorite player amongst themselves. With no proper system in place, unlike today, the rules of the bet could vary per wager that was made.

Obviously, without a proper gambling system in place the practice of sports betting was very susceptible to fraud, due to lack of rules on how to divide the winnings and losses. This resulted in the fact that the winner usually would be the one that could talk the smoothest, and was smart enough to run with the money in time.

The above was the cause for outlawing sports betting at the time, but currently systems are in place to ensure fair play and universal rules on dividing the wins and losses have been implemented, resulting in the fact that sports’ betting once again is a legal activity in many countries worldwide.

The system that emerged depends on a compromise. For example; when one looks at betting on horses, this compromise consists out of a betting pool for all gamblers to place their wagers.

The pay outs are derived from different calculations and subject to legislation regulated by the different states in the US. Other countries have similar set ups in place, or have banned sports betting completely. A fixed percentage is deducted from the winnings in the shape of a gambling tax, after which the winnings are distributed fairly amongst the winners. In general all pay outs are equal, but with the arrival of the Internet it is now also common to pay out different winnings individually.

Currently it is possible to bet on all kinds of sports, and all of them have their own set of rules, which is logical because different sports have different rules so bets are placed accordingly. There are different skills required for different sports and therefore there are different systems in place for each sport.

Gamblers betting on sports have to place their wagers on the winners, so in order to determine who will most likely be a winner in future games requires continuous research and monitoring of the games, and comparing these results with past results after each tournament, in order to calculate the performance scores which will give insight in to who will most likely win in the next one.

Sports bettors usually place their wagers on games of their favorite type of sports, and veteran bettors will have their own systems for coming up with the winners to bet on. New players should do some research and use some of the free systems that can be obtained online.

Betting on sports can be a lucrative opportunity, there are plenty of professional gamblers making a living from it, but until you have come up with your own successful system for betting on sports, use a free strategy and be careful what amount you are betting.
M.A.H.

The right attitude for sports betting Thursday, Apr 15 2010 

Do you hate losing? Do you generally throw a fit when you do? It may be that you are the wrong type to be a successful sports bettor especially if you really can’t change this way of going at it.

Losing in sports bets is a given, it will occur and can stretch out for days, even months, there simply is no way around this. Losses are a simple fact of a gambling life and the way to become a successful bettor is to accept that fact and work with it and not against it.

Losses occur in life and in betting. Skeptical? Are you convinced there are ways to win every time? You better reconsider.

Let’s take a look at the regular stock market. If you would have bought shares in an index fund in august of 97 and held on to it for roughly a decade you would have had an ROI of 88 percent, but had you bought the share only 4 weeks later your loss would have been approximately 20 percent!

Let’s consider the above. From an entire period that consisted out of more than 3500 days, only 20 were any good, while the rest were a big loss. Like with sports betting the ROI on shares come in waves. They come up fast, get high and then just as fast they die out.

As we could see from the stock market, periods of wins do occur, and much to our dislike, if that is true, it means the opposite is also true: periods of loss occur as well. Even in the best of seasons where you could do as well as 60 percent winners (It does not get any better than that), you still will have days filled with losses, or worse, it could be a month.

Sports betting means betting consistently while taking the bad with the good. If losses upset you too much, emotion gets in the way and when confronted with your mind or emotions, the latter is not a good guide to follow. What you need to do is keep your cool and continue to bet, still going for the 55 to 60 percent winners.

Betting on sports needs to be treated like you would treat a regular business. In business, it is not about good or bad days, it is about the yearly end result and the same holds true for sports betting. Make sure you can sustain short term loss in other to turn a positive ROI at year’s end.
M.A.H.

Parlay Betting Wednesday, Mar 3 2010 

Due to the potentially large winnings possible while betting small amounts of money, parlays are amongst the most popular sports bets around. When betting on several teams, where all of them must win in order for you to win the bet is called a Parlay. It does not matter whether you bet on 3 teams or 4, the only thing all parlay bets have in common is that all bets must win or end in a tie, or you lose the bet.

Fixed parlays

For example, let’s assume you placed a bet in a fixed 5 team parlay at 25 -1 odds. This means if you win you receive $25 for every dollar you have wagered, if all the games win. This is also the main reason this particular type of Parlay betting is highly popular among sports bettors.

Variable Parlays

Variable Parlays take the betted amount and put it on one team. Should this team win, the bet is recalculated and placed on the next, and so on, always putting the total amount on the next team until all have played and then your winnings are paid out if all the teams have won. If one team loses you lose all the money wagered.

To illustrate the above, let’s say you like one team that is rated + 100 and another at -120, and decide to place a $10 bet on them in a variable parlay bet. On the first game you would make $26 if you win, that $26 would then go on to team 2 and should you win again it would make a total of $46, compared to $36 you would have made in the case of a fixed parlay bet. This considerable difference is due to the bad odds team two was given which worked in your favor while doing a variable parlay bet.

Parlay bets are not the best sports bets one can make as the odds that are betted on differ from the real odds one would get in other types of sports bets, and as a rule the difference increases the more teams are betted on in parlay betting. In comparison to other types of sports bets, doing parlay bets puts you at a disadvantage. On the up side, parlay betting require much less minimum wagers to enter them which in turn still makes them one of the most popular types of sports bets around.

M.A.H.

Calculating ROI on Sports bets. Saturday, Feb 20 2010 

When betting on sports, what is the return on the investment (ROI) on the bets on a yearly basis? In here we are going to try to shed some light on calculating how much one can expect from winning at various rates on a yearly basis.

The money used to place the bet is what is referred to as the “investment”. The ROI will be the profit that is made when winning the bet after subtracting all expenses that were associated with placing the bet. A good comparison can be made by comparing sports betting to the stock market. The returns on playing the stock market game hovers around 10% on a yearly basis and has been at this rate for the last seventy five years.

When betting on sports the percentages change to your favor considerably, calculating yearly ROI on all the bets made is simple and is done by taking the profits from winning and subtracting the money lost. Then the outcome is divided by the total money invested in the bets. Let’s assume for the sake of argument there is a 100% win rate in a year. That would turn into a ROI of 90% compared to the 10% of the stock market. It is obvious where the potential lies on getting the best ROI.

To take a more down to earth approach to calculating ROI on sports betting; realistic win rates are most likely to be in the 50-60% ranges. In order to break even on a bet you need a 52% win rate. At that point the ROI is zero but no money is lost either so anything above this percentage means a profitable ROI.

One might say that the realistic figures look less profitable than the ones we displayed for the stock market.
This is where time comes into play. As the 10% from the stock market is a yearly figure one can also say 5% per six months. Every sports fan knows that the average season for any sport is about six months instead of a year so we only need 5% to do as well as the stock market by comparison. In short, to match ROI from the stock market one needs a win rate of around 55%. Anything above that outperforms the stock market ROI.

In case a win rate of 57% is reached, which is quite a common ROI, profits would be double compared to what one would have made on the stock market. Not a bad result at all.
The watchful eye should by now have detected a pattern here. This pattern is as follows: Every 1% increase on the win rate generates an increase of 1.9% in Returns on Investment. This is helpful as using this formula for calculating ROI makes doing so very simple.

Hopefully, this small explanation on ROI has contributed in shedding some light on how to calculate the ROI when placing sports bets.

M.A.H.

Some of the leading and recommended online sports-betting resources Tuesday, Feb 9 2010 

A number of online sports betting resources have made the games much easier. Players can access an all in one console from any remote location and place bets on sporting events. The usual aspects one looks at before using one of those facilities are the games they offer, reliability of the systems they use, reputation and fairness. The internet is full of reviews from experienced players, who have commented on the various services of different sports betting websites. Going through them is advisable for players looking for new sports betting sites.

The Greek is one of the leading online gaming resources. The resource offers a wide variety of sports including baseball, hockey, soccer, horse-riding, golf, tennis and more. An increasing number of players seem to be filling in The Greek’s users-lists and that is due to the wide variety of games that are offered. Free entries, great offers for certain sports leagues are some of the attractions at The Greek.

Diamond Sports International has been amongst the most reputed sports betting resources since 1998. Customers have expressed immense satisfaction for the services, fairness and reputation of the resource and it has earned a good reputation. This is a premium category website and is definitely worthy for anyone looking for one. A great range of sports, perhaps the best, is offered for a variety of players at Diamond Sports International. The internet also hosts a number of reliable resources for information on operations at this site and most of them come from experienced bettors.

M.A.H.

Online sportsbook picks of the week Saturday, Dec 12 2009 

The online sportsbooks are an easy way to start betting with convenience great customer support and easy maintenance. Many of the newly curious players who have found this method of betting are pouring in to make some money over sportsmen’s performances or the lack of them.

Online sportsbooks picks of the blog are –

Bet US – With a highly reputed customer service, which is available 24 x 7, this is believed to feature the best odds ever found on any other site. The quality of gaming and betting are also highly regarded by experienced bettors. The console is also easy to use and is a site with players from various backgrounds pouring in to make some money. Downloads include games that are very attractive with their bonuses.

Diamond SportsBook – this is one of the longest establishments in the sports betting industry. This console offers a wide variety and a range of over 100 tracks to wager on while also offering competitive rebate on virtual racetracks. The page layout is clean with easy pull-down tabs for all sports and lines are displayed in pop-up windows. Unlike other books Diamond also does a great job promoting its specials and bonuses. Diamond offers a bet point loyalty program in which bettors are awarded points for every wager which eventually can be cashed in for free-plays and bonuses.

Most of the online sportsbooks have bonuses for reloading and referring players to DSI. These special features make the ventures more attractive providing a range of bettors covering fields in professional and college football, MLB, NBA and NCAA basketball as well as other favorites like tennis, soccer MMA and boxing. However the biggest draw of this console would possibly be great customer service and access to wagers 24 hours from your cell phone or even your PDA.
M.A.H.

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