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Archive for August, 2010


Are you contemplating to place the first bet on the betting exchange, then you really need to learn precise betting basics. So, let us start with very basic of betting exchange, which includes back (buy) and Lay (sell). Back bet is a type of bet, which you place on a particular football team thinking that it will win. It means you are backing that particular team by betting certain amount. It is similar to the bets, which you may place with your friends. 

How to Back a Team?

In betting exchange, you may bet on anything. For instance, if you think that a particular football team will not win, then you can opt for lay. Thus, see how the terminology changes. You have the flexibility to bet on anything that may happen in a match.  

Now, let us consider an instance, suppose that you wish to back a team A for £10 at a rate of 10.5. If you submit that bet and if it matches, you stand a strong opportunity to win an amount of £ 95 minus the commission fee. You also get your stack (betted amount) back. You may also change the rates, if you wish by typing the prices or by clicking, the arrows present next to the Odds box. However, if you place the bet that does not match the bet placed by others, you are risking your bet. Again, as the football match progresses, and if betting exchange improves the back rate, then you may get the best price.

 

To get the best probability, turn on to P&L (Predictive Profit and Loss) or else turn on the What if task bar. 

Backing With a Limit: 

If someone bets 2.5 on team number 1 to win over the team number 2 of £500. You think team number 2 will win and accordingly you back it. In such case, simply click the link, enter the price and wait for the match to finish. In case you win, you will have to pay five percent of the winning amount to betting exchange.

Laying In Detail:  

As described earlier, laying means betting on something, which you think, might not happen. For, instance, if someone thinks that a football match may end in draw, you can bet against the draw. Such type of betting is known as Lay.It might sound something unusual to you. Nevertheless, if you have betted with your friend on a football match before, then you will get a basic idea. Consider two teams, your friend backing a team saying it will win and you saying it will not. If your friend’s team loses, you win the bet and vice-a versa. It means you effectively “lay” on something that you do not wish to happen. You can lay any type of selection (team) and choose your own price. If you lay by betting small price in football betting, you will risk less money. Next, laying at a tie in market that is below 13.5 can be a good option. However, with each £10 that you win, you will have to risk £120. It means high risk with and low rewards.

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As with any betting, it can be very risky. It is important to know how the system works and intelligent choices that have to be made. Sports betting especially, a form of betting that has been around since sports themselves, has accumulated many tips and advice which are intended to help bettors beat the odds and come out on top.

The most important advice anyone can give for sports betting is to always know the amount of money being spent. The easiest way to stay in control of the sports betting market is to maintain control of the money being circulated. The best way to do this is to hold on to your winnings. Those who place bets directly after they win, lose control of their money and actually have less money in their pocket then those who wait.

Another way to lose money is by chasing bets. Many people feel that the more times they bet, the better chance they have of winning. However, the mistake people make is to apply this rule to losing bets. If you do not like the way a game is going before you bet, there is no reason why you will like it after you lose. A good piece of advice is, if you are on a winning streak, go with it as long as you feel, but do not chase losing bets.

Probably one of the most important pieces of advice is to never place bets while under the influence. Many times, as people bet, especially in social situations, they will drink alcohol, but what they do not realize is that the more they drink, the less likely they are to make intelligent decisions. Any influence can cloud your judgment and you may not make the best decision possible. It is also likely that you will lose more money as well as lose track of how much you have and how much you are betting with.

Many bettors find betting on the home teams can be successful. Many teams become inspired and motivated when they get to play in their own fields. Even the most advanced bettors will swear by betting on the home team, no matter what the statistics. Teams find it more humiliating to lose at home and will rarely lose when it is in front of a home crowd.

The best piece of advice that can be given is to take into consideration all possible factors. Not every sport is solely based on skill and many times luck plays a large role. A good bettor knows how to bet successfully whether luck is with them or not.

When taking sports betting advice, it is important to know where the advice is coming from and if it is something worth listening to. Not all advice is good, nor will it help the odds work out in your favor. As with any betting, not everything is certain, so you must always be paying attention.

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With college football betting a smart bettor with proper money management can make some nice profits. Once a bettor understands the various types of bet available, how the odds work, what factors sportsbooks take into account when setting the odds and the general format of betting on college football, he can begin to manipulate the system to his (or her) advantage.

Sports book owners know that lots of bets will come in on highly popular teams – punters naturally want to bet on their favourites with some vague idea that it will help them to play better, and when they win there is an increased sense of satisfaction because of the monetary win on top of the actual game’s victory.

In such cases, betting against the publicly supported college football team can be great value, but make sure you always shop around when choosing the picks you’re going to bet on. Sports books have to offer odds for 40-50 games and it’s easy for a few of them to accidentally give better odds than they should be a few games. Try to have at least three sportsbook accounts funded online, so you can spot these fluctuations.

If you’re new to college football betting, here’s quick rundown of the types of bet you can make.

College Football Betting Type #1 – Spread Bets

Spread betting is where you bet on the difference between the two teams scores. Several options are usually chosen by the sports book and offered at particular odds. All you have to do is choose the one that gives you the best value.

Some sports books will allow you to adjust the point spread in the bet by putting more money into it, but this may also affect the odds you are offered.

College Football Betting Type #2 – Straight Bets

With a straight bet, you simply bet on the team you think will win, regardless of how much they will win by. Even if they win the game by a single point, you still win your bet. There are variations on straight bets that adjust the odds to take into account draws, but they vary from sports book to sports book.

College football betting can be a complex thing thanks to all the variations on bet type, odds and strategies, but it’s best to keep it as simple as possible. Go for straightforward bets which you are as certain of as you can be, and as you become more experienced, then you can start to expand your betting style.

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If like me you are looking for ways to beat the rising cost of ‘breathing!’

Then no doubt, you may be interested in a tax free income to help boost the bank overdraught!

My research into the world of Horse-Racing and betting systems, strategies, following the money, place-betting and trying to understand form! Left me thinking, to be successful in this field, I will need to catch the top jockey in a compromising position, to be able to illicit any inside information out of them. All I wanted was a system or software, which would identify the best horses for me to put my money on. I did not want to risk the household bills allowance on some old nag running backwards!

Several systems have been tried and tested by yours truly, to be honest my research budget was suffering from the profits not rushing back in from this “Guaranteed To Change Your Life” systems.

Perhaps my criteria was filtering the good systems out.

Create a Income from Only a Hour a day Max!
Be able to Use The System Anywhere In The World
No Experience Required
Be Able to Use The System Away From The Computer

Now I know it is not the strictest of Rules, but that’s what I wanted.

With my confidence in becoming a professional Gambler fading, a contact informed me of a system which I might be interested in. The system had received some very glowing reports and testimonials from some very respected sources. This got my attention, checking my funds and down the back of the sofa! I decided to give this system a run for its money. Using very small stakes to start off with, the trial began.

The results over a 30 day period have given me a 96% success rate! Now if I was to read this in a long sales letter, it would of been screwed up and slam dunked into the bin. The winning horses are not your 25/1’s, but the hot favourites selected using the systems filter. The process takes me less than 30 minutes, or the time it takes for the missus to watch Coronation St!

With the selection process being simple to follow, I can use without being near a computer and if I want to, on any Horse Race in the World. I do not need to know any technical stuff about the Horse, Course, Jockey or Trainer! My Research Fund is looking a lot Healthier and my days of getting up to go to work for someone else are getting fewer and fewer!

Several systems are in existence, all of which follow a similar selection process. I have found systems charging £97 per month for there selections! Others are offered for one off payments of less than £20.

However you wish to start your career as a professional gambler, it is essential the system fits your style of investing, high risk or low guaranteed results approach. Further help can also be obtained via a number of newsletters and forums offering impartial reviews of betting strategies and subscription services.

Anyway, I am off to catch the 1420 at Lingfield

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In the world of sports betting, many times the difference between loss and profit could be as little as 0.5 or half point or the hook (a term used for half point by bettors). During the NFL season, it is seen that ‘hooks’ have ruined the betting experience of many people. Losing streaks are common for everyone (even the best of the bettors) but long term betting requires more winning streak than losing streaks. Internet has helped everyone with making the use of various sports betting services and betting softwares. But, there are pros and cons of all softwares and using good software is essential in order to win consistently. These softwares break down a game’s different situations and provide a sports bettor with the numbers which he/she feels is essential for handicapping matches. These point spread numbers can be used to see whether a total or side has a definite advantage before going for any betting picks.

It is said that college and Pro football is one of the toughest sports in which bettors can win consistently. As aforementioned, getting hooked (losing by half point) or even by a point in football which increases the need of a good betting software. These calculators provide a good idea on the point spread posted in the sport books versus how teams perform. This system help the bettors in informing as to how a bookmaker (person who puts total numbers on every basketball, hockey, baseball or football game) came up with the numbers they posted. Therefore, the bettors have a good hint as to how close they should (or could) get to those numbers. The features of different betting softwares can vary, but some of the best softwares provide averages for all defensive and offensive situations and also provide summary average as to which team has an advantage against the spread numbers posted by bookmakers.

There are different stats in betting softwares which can pertain to the defensive as well as offensive numbers; some of those stats are mentioned as follows: average of all games, average of road/home games, average of the last 3/5/10 games, team versus division average, versus conference average, versus bottom ranked team average, versus middle ranked team average, versus top ranked team average, after a win/loss game average, after an under/over game average and average of after a push game. The software would employ all the above mentioned situations and offer a break down as to whether a (and which) team’s average is on the offense or defence. These are called as the offensive and defensive numbers respectively by betting softwares and are followed by the summary or the numbers regarding the total and side of the game. The bettor can take and compare the over/under and side number with number posted by bookmakers.

Mistina Thomson is the author of this article regarding best sports handicappers, to know more about Sports Handicapping Monitor please visit Sports Handicapping Monitor

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