A sports book gambling method is where a gambler bets on a variety of sports competition. These can be many things, but often include soccer, horse racing and other major sports such as baseball. This of course varies depending on which country you are on. The majority of information online is for American sports book betting but that doesn't mean the principles don't apply to other countries too.
The bet is only paid out if won and if the sports book considers the event over. You'll have to check your individual sports books rules to make sure you know exactly what the terms are for the payout. online sports betting can be very lucrative if used correctly, but many beginners fail to grasp the basics.
A Guide To Odds
Odds are the lifeblood of all sports gambling and you must fully understand them if you wish to gamble successfully. This isn't a post on odds so we won't go into detail here, but there is some background information you should know
Firstly, in the 1930s bookies took odds via telephone for the first time via the Athletic Publications Ltd company which specialised in odds.
In the modern world of gambling, most bookies get there odds either form other bookies or through other services. As far as I know, there is no centralised odds association.
Where To Bet
It goes without saying that sports book gambling has become considerably easier with the adcent of the internet. The internet bookies can handle countless simultaneous bets at a much higher speed. You don't get the social aspect of betting online, but it is still a great place to play. If you do play online make sure it is with a reputable company as there are some scams out there.
In the UK there are betting shops oin the highstreet of various different brands. Ladbrokes and Betfred are two of the major ones, but there are plenty of others.
Tuesday 10 February 2009
Wednesday 4 February 2009
Online Sports Gambling For Beginners
Online sports gambling can be extremely profitable - if you know how! If you don't, then it can be a recipe for disaster (read: you lose a lot of money). There are many different sports to bet on and many different techniques - arbitrage is just one example. This blog will be about the different kinds of sports gambling and how you can do it on the internet.
Gambling in sports is a tricky business as sport is unpredictable. Who would have thought that 3-0 down at half time against AC Milan in the champions league final, Liverpool could come back and win? I would wager a few people lost some money that night. If you do it right though it can make you a lot of money. The trick is to treat it without emotion and logically.
Sports Fan Does Not Equal Good Sports Gambler
First of all, let me make it clear that just because you e a huge sports fan does NOT mean that you'll be a top sports gambler. The reason? Partly its because sports fans tend to react based on their emotions and feelings while those who don't know much about the game tend to behave more logically. Behaving with logic is the key to winning money with sports gambling.
The reason for this? All sports fans have their favourite teams and you're always going to be biased towards those teams no matter what. Could you face betting against your team? Many sports fans find this harder than you would think.
Also, if you regularly go for a certain team or the underdog you'll find that your bookie will bias the odds for you against you! Unfair yes, good business....yes. For example many bookies in home towns of certain sports franchises will always shade a point or two against the home team as they know the majority of bets will be for them.
All About Point Spreads
Sports point spreads are not there to be fair, they are there to make the bookies money. That means they try to find a point spread that allows them to make a profit. Basically its not a true representation of the standard of the two teams but instead encourages the betting patterns to make sure the bookies always win. They don-t always get it right, but the majority of time they do.
When working out a good point spread they'll take into account the power betters, average btters, and those who like a small flutter to make sure they ALWAYS make money. Because of this you can't rely too much on the point spread when making a decision.
Online Sports Betting History
Knowing a bit about the history of sports gambling is important right? Everyone can learn from other peoples mistakes - you don't want to be making the same mistake twice.
Originally sport betting centered around the money line, but that's now changed to be around the point spread which was introduced in the 1900s.
As history progressed, bookmakers got smarter and started to add different types of bets to the game. All are to encourage more people to bet - more money!
Online sports gambling is a relative new phenomenon but was enevitable. It is now much easier to make a sports bet, which is want to bookies want as it means more bets and more money.
Where to start?
Start by taking a look around this site, reading the information and here and most of all start slowly! Make money with small bets first until you're sure you can move onto the bigger stuff.
Gambling in sports is a tricky business as sport is unpredictable. Who would have thought that 3-0 down at half time against AC Milan in the champions league final, Liverpool could come back and win? I would wager a few people lost some money that night. If you do it right though it can make you a lot of money. The trick is to treat it without emotion and logically.
Sports Fan Does Not Equal Good Sports Gambler
First of all, let me make it clear that just because you e a huge sports fan does NOT mean that you'll be a top sports gambler. The reason? Partly its because sports fans tend to react based on their emotions and feelings while those who don't know much about the game tend to behave more logically. Behaving with logic is the key to winning money with sports gambling.
The reason for this? All sports fans have their favourite teams and you're always going to be biased towards those teams no matter what. Could you face betting against your team? Many sports fans find this harder than you would think.
Also, if you regularly go for a certain team or the underdog you'll find that your bookie will bias the odds for you against you! Unfair yes, good business....yes. For example many bookies in home towns of certain sports franchises will always shade a point or two against the home team as they know the majority of bets will be for them.
All About Point Spreads
Sports point spreads are not there to be fair, they are there to make the bookies money. That means they try to find a point spread that allows them to make a profit. Basically its not a true representation of the standard of the two teams but instead encourages the betting patterns to make sure the bookies always win. They don-t always get it right, but the majority of time they do.
When working out a good point spread they'll take into account the power betters, average btters, and those who like a small flutter to make sure they ALWAYS make money. Because of this you can't rely too much on the point spread when making a decision.
Online Sports Betting History
Knowing a bit about the history of sports gambling is important right? Everyone can learn from other peoples mistakes - you don't want to be making the same mistake twice.
Originally sport betting centered around the money line
As history progressed, bookmakers got smarter and started to add different types of bets to the game. All are to encourage more people to bet - more money!
Online sports gambling is a relative new phenomenon but was enevitable. It is now much easier to make a sports bet, which is want to bookies want as it means more bets and more money.
Where to start?
Start by taking a look around this site, reading the information and here and most of all start slowly! Make money with small bets first until you're sure you can move onto the bigger stuff.
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