Posts Tagged ‘Betting 101’

Tip to Win Sports Betting

May 29th, 2009

rottie

Tip to Win Sports Betting

I wrote a post about giving some tips a little while ago but gambling is something you can always improve on.

A point to remember Billy Walter from the computer group, who was probably the greatest gambler this side of Biff from Back to the Future II, only had a lifetime winning percentage of about 57%. I say only because most people think the best gamblers win on every bet they make.  Don’t be fooled by those “Internet Champs” that tell you they win 97% of the time.  It’s just not true.  Remember the best lose over 40% lifetime but you can maximize your winnings by betting smart

If you are interested in saving $200, sign up for the Rory’s Gold Email and just for signing up I’ll give you the 97% Sports betting Champ system 100% free. Read the rest of this entry »

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Don’t Let the Win Get Away

May 13th, 2009

sway3I’ve just finished reading the Ori and Rom Brafman book Sway: the Irresistible Pull of Irrational Behavior, actually I’ve only finished the first chapter but for gambling purposes, I’ve never read a more rational explanation as to why gamblers chase their losses.

The owner of Bio-medical start up sold his company for stock in a much larger company. At $42 a share, the amount was enough for the man to retire on Martha’s Vineyard with a huge yacht and everything he would have needed. His investment advisor suggests that he cash out 10% at regular intervals and diversify his income so that his retirement dream will be assured. Read the rest of this entry »

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How To Calculate a Parlay

May 11th, 2009

parlay
How many times have you placed a big parlay only to have it lose on the final game? Sure, you’ve picked 4 out of 5 or 5 out of 6 but it still pays the same as if you went 1 for 5 because if you lose one game you lose the entire wager.

One of the reasons online sportsbooks can offer very high odds parlays is because its so difficult to pick one winner let alone pick 5.  First, let’s have a look at how to calculate a parlay.

How to Calculate a Parlay

If you are going to bet parlays, always check the payouts as the odds vary from site to site but generally, they payout about 2.6/1 for a two teamer and 6/1 for a 3-teamer using Standard -110 lines. Read the rest of this entry »

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Rules to Live By and Bet By

April 20th, 2009

baseball-money
Making money by betting on MLB is easy, just by choosing all the winners, at the end of the season you can buy a new house.  OK well there is a little more to it than that and I can’t guarantee you a house but if you follow these tips you will win more than you lose and really isn’t that what matters?
 

1. Money Management
2. Put the work in
3. Know when to bet
4. Compare the lines Read the rest of this entry »

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Betting On MLB

April 13th, 2009

betting-boardSome people need beer and hot-dogs to enjoy baseball; others like me enjoy putting a couple bucks on the line to bring out the excitement of America’s pastime.  With 2,430 games a season, MLB gives us literally tens of thousands of props, spreads, moneylines and totals to bet on.

Let’s have a look at how a few bet types work before you risk your hard earned cash in Vegas or with a reputable online sportsbook.

Moneylines

Moneylines are probably the easiest to understand wager offered by sportsbooks, all you have to do is pick the winner and you can start counting your cash.  To read a moneyline there will be a minus sign beside the favorite and a plus sign beside the underdog. Read the rest of this entry »

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