Online Casinos

Category: Craps Betting Articles


Definition

Matched betting by definition is a form of arbitrage that allows you to generate risk free profits by using free online bets in conjunction with betting exchanges. Using an appropriate strategy you should be able to compound a decent amount of profit within the regions of £700 to £1000.

Strategy

To apply such a strategy you need to open a ‘betting exchange account’ such as betfair and also a ‘bookmaker account’ that is offering a ‘free bet’ promotion.

The system works by placing a bet at the bookmaker and then laying (betting against) it off at the betting exchange, essentially all your doing when applying this technique is hedging your bets to create a profitable scenario that eliminates risk. The value in this betting method exists because of the ‘free bets’ entity. If online bookmakers were to stop offering them tomorrow this type of risk free bet would become obsolete.

To apply the strategy you’ll need to place two separate bets. Firstly a qualifying bet using your own money, and then another bet using the ‘free bet stake’. A typical example of how it’s done is shown below.

Real life example – using a £50 free bet

Qualifying bet

Bet type: Qualifying bet- £50

Event: Bolton v Fulham: Saturday 14th March

Bet: Bolton to win

Odds: Bookmaker odds: 2.1 | Betting exchange lay odds: 2.16

Profit /loss: £-2.73

Free bet stake

Bet type: Free bet- £50

Event: Barnsley v Crystal palace: Tuesday 17th March

Bet: Draw

Odds: Bookmaker odds: 2.2 | Betting exchange lay odds: 2.45

Profit /loss: £33.53

Matched bet overall profit: £30.80

The figures above all include betting exchange commission set at 5%

Tips

When matched betting the idea is to maximize profits the higher the free bet stakes the better your overall return will be. A £50 free bet is much better value than a £10 one for example. From personal experience I have found the best time to take advantage of high value bets are when special events are taking place. A prime example is the famous ‘Cheltenham horse racing festival’ in March. For some reason at this time of the year bookmakers love to give big free bets away that you normally cannot get at other times of the year. An example this year (2009) is ‘ladbokes’ they were offering a free £200 bet throughout the festival. To qualify all you to do was open an account place a bet and you would receive a freebie bet to the same value. This type of great offer never seem to materialize at others times of the year. So take advantage when they come along.

Another important tip when applying is to also take higher odds on your free bet stakes, if you follow this rule your return will be better, this is because most bookmakers will retain the free stake on your bet, so in order to maximize profits you must take larger odds. If the stake is indeed retained by the bookmaker I tend not to place the bet at odds any lower than 3.0 in a decimal odds format. This strategy I find gives me a fairly good return on investment relative to my free bet stake.

To learn or find out more about matched betting and for free tools including a matched betting calculator take a look at us on the smart money website.

Sports betting whether it is basketball, football etc is continuously growing in popularity among sports fans. Various reasons are given for why they enjoy doing it. Some think that it adds more fun to the simple watching of a game whilst others take it a bit more seriously and bet on games in order to win money. With so much interest in it, different modes of placing a bet are being developed. One of which is through the handy dandy sports betting sheet. There are many sports from which people can choose from and bet on. Basketball games prove to be the most popular with a huge number of people betting on both the NBA and NCAA games. There are no standard rules for betting on these games and the rules can take on different forms and versions. But how do sports betting sheets play into this whole betting game?

Well, sports betting sheets are vital when one needs to assess, especially the bettor, the way a certain player plays and participates in the games. Sports betting sheets can also provide information about the team in general and how they performed during past games. The information that the bettor can get from a sports betting sheet can help when it comes to deciding which team to bet on as well as help him or her analyze the chances of winning the bet. The sports betting sheet can include a simple record of how the players played during past games and also serves as a good basis when it comes to trying to predict the possible outcome of the current game. The sheets are actually based on facts and as such, people are more likely to depend on it instead of just relying solely on pure gut feel.

In a time wherein sports’ betting has become even more popular and more accessible to the general public through various internet betting websites, people have come to look for ways to improve their gambling experience as well as their winnings. But besides the facts that a good sports betting sheet can provide a bettor, another factor that comes into play when it comes to actually winning is the betting system that he or she uses. Betting systems are also important factors when it comes to sports betting, especially to those who plan on doing this on a long term basis. Having a good betting system would be beneficial to the bettor and he or she can continuously improve his or her winnings as time goes on. With a good sports betting sheet in hand and a great betting system in place, the bettor can definitely relax a bit more when he or she bets on a game. This is because they already have a good idea or at least a good prediction of the possible outcome of the current game they betted on. This would not only make sports betting more exciting and fun but it would also make it profitable at the same time. Of course, which sports fan wouldn’t want that? Excitement and money? Sign me up!

Want to turn your hobby of betting NBA into making a guaranteed amount per month using the latest sports betting sheet?  It’s easy following our proven system that focus on our information combined with line movement and late information.  Go to www.BasketballCrusher.com now to start your FREE trial today!! Come see just how accurate our system is!

Betting for a living for many would be a dream profession, but is it really possible? The proof that this can be done can be found from the example set by the people who have already achieved this. Below I will take a closer look at some of the people who currently make a living from betting, and helping others to do the same:

1. Mike Bishop and Dan Jones

These 2 consummate professionals are responsible for “The Secret Betting Club”, membership of which was the catalyst that took my earnings from betting from average to, well, a lot more than average. These are the most thorough and professional of Gamblers. They operate a “Hall of Fame” containing recommended services, all of which are carefully monitored and rated on such areas as returns, risk, cost, transparency and are given a recommended weighting a system should receive in you betting portfolio. In addition to recommended services, they have also proved invaluable to me in highlighting websites and offers that should be avoided at all costs. The point to make is that the services recommended are those that they invest their own money in to make their betting profits.

2. Mike Marsland

Mike is to my mind, the Godfather of the profession. I came to know about Mike from my contact with the Secret Betting Club – and since trialing his service – have never looked back. “Big Mike” has been in this business for over 40 years having started life as a Chartered Accountant. Mikes daily e-mail column, with his “a la carte” menu of bets, trades and advice across all sports, is something I have come to rely on.The beauty of Mikes service for me, notwithstanding the fact that it is proven over several years, is that it is a portfolio within a portfolio. The importance of a betting portfolio approach is crucial to betting success, but for me, using Mikes service has factored in a double layer of risk protection.

3. Adam Todd

Adam is another legendary figure, having had a successful career in sports trading, he is also responsible for developing the trading software I use today – BetTraderPro. His site and Forum are a never ending mine of information and are absolutely packed with free videos, hints and tips. You will find a fascinating article on Adams site detailing how he turned £200 into £100,000 and, by all accounts travelled the world having a great time doing so. This was certainly inspirational to me. However, notwithstanding that, the site is packed with free videos and tutorials which I would highly recommend viewing and reading.

So in answer to the question, the people mentioned above all make their living from betting and are proof that it is quite possible for anyone to do the same.

The betting methods and techniques used by the professionals mentioned show how betting for a living can be a reality.

To find out more about how you could join them and for free advice, e-books and more, visit http://www.BettingAlchemy.com now.

Paul Ellis is a successful professional sports investor

Craps looks like a lot of fun, but to the uninitiated, that field of numbers with chips flying every which way can be a little intimidating. Here is a guide to the various bets you can make when playing Craps.

The most important bet in Craps is the Pass Line bet. This bet is represented by a ring going around the outer edge of the table that says “Pass.” When the roller or “shooter” makes his first roll (called the “come-out” roll), the number he rolls establishes what happens to your Pass Line bet. If the shooter rolls a 2, 3 or 12, you have “crapped out” and lose your bet. If he rolls a 7 or 11, you have a “natural” and win even money. Any other number establishes a “Point.” If the shooter rolls his Point before rolling a 7, you win. If a 7 comes, you lose. If you missed the shooter’s come out roll, you can make a “Come” bet. On a Come bet, the next number rolled (unless it is a crap or a natural), becomes the Point for you alone (or anyone who bet Come with you).

You also have the option to bet “Don’t Pass” or “Don’t Come” which is simply betting that the shooter (and everyone else betting on the Pass Line or the Come), will lose. Once your Pass or Come bet is established, you have the option of “taking odds.” What this means is that you can put a bet behind your Pass Line bet. While the Pass Line bet is paid at even money, the Odds bet is paid at the true odds of your number being rolled. For example, if your Point is a 4 or 10, and a 4 or 10 is rolled before a 7, you would get even money on your Pass Line bet, and 2 to 1 on your Odds bet. If you make a Point of 5 or 9, you would get paid on your Odds bet at 3 to 2, and if your Point is 6 or 8, you would get paid off at 6 to 5. This is because there are many more ways to make, for example, a 6 (1 and 5, 2 and 4, 3 and 3, 4 and 2, 5 and 1) than there are to make a 4 (1 and 3, 2 and 2, 3 and 1). You can make the odds bet from twice your original wager to one hundred times, depending on the casino and the table limits. This is by far the best bet in the casino and you should always take as much odds as you can get. The second best bet is Pass/Don’t Pass or Come/Don’t Come, both which lay a House edge of a little less than one and a half percent. The don’t bets have slightly better odds, but you can’t take additional odds on them, and you won’t make many friends at the table if you play them.

Once you get past these bets, the odds against you increase considerably, and the “side bets” that are offered, while fun, are quite risky. First, if you don’t want to wait for your favorite number to be rolled, you can “Place” that number. If you do this and your number comes before a 7 is rolled, you get paid off at better than even money, but not quite at the true odds. The House edge for these bets are 1.5 percent for 6/8, four percent for 5/9, and 6 2/3 percent for 4/10. You are much better off waiting for a Point to be established and taking odds.

Some casinos have a “Big Six/Big Eight” box but these bets pay off at only even money and are even worse than Placing.

You also have the option to “Buy” or “Lay” a number, betting that a certain number will come before a 7 or won’t come, respectively. These bets pay off at true odds, but you must pay an extra five percent commission to take them.

Another popular but statistically poor bet is the “Hard Way” bet. This is a bet that a number will come only in a specific way-as a double. So a Hard-4 would come 2-2, a Hard-Eight 4-4, and not 5-3 or 6-2 or any other way. Since it is so infrequent to roll these exact numbers before a 7 or a “Soft” version of your number comes, these bets pay at high odds, but not nearly high enough. Though they pay off at anywhere from 7 to 9 times the amount of your initial wager, you are laying a roughly ten percent advantage to the House when you make these bets.

A Proposition bet is a bet that a certain number will come up on the next roll. You can also bet “Any Craps,” that a 2, 3 or 12 will come on the next roll, or Around the Horn” which adds the 11 to the mix. You can bet that a 3 or 11 or that a 2 or 12 will come on the next roll, or bet “The Field” which is betting that a 2, 3, 9, 10, 11, or 12 will come on the next roll. These bets offer a House edge anywhere from three percent for the Field to 11 percent for Any Craps to a gruesome 16 and 2/3 percent for the Horn.

Your best bet in Craps is to stick with the Pass Line and related bets. Still you now have a handy guide to what all those other chips being thrown around the table are all about.

Rick “Stone Face” Ellers started playing poker while he was a paratrooper stationed in Fort Bragg, NC. He currently writes part time for PokerListings.com where you can keep up-to-date on the World Series of Poker and Poker Tournaments around the world.

Sports betting is a great hobby. It’s also a dangerous one where people can lose money quickly. It is important to do your research and not place any bets where you don’t feel confident in the outcome.

Here are some keys to betting

Be Selective – There is no reason to bet on more than 20% of the games. This varies by sport, but the general rule is never more than 20%. Closer to 10% is even better. There are thousands of games during the season so you will never run out of games to bet on.

In order to select the games in which you have the best chance of winning, you must do your homework. It’s similar to studying for a test. The more time you put in, the better you will do on the test. There are a variety of factors that you need to look at so take your time and read everything.

Some important factors to research are injury reports, home-court advantage, how the teams have fared in their past 10 or so games and how the teams usually fare against each other. Doing your research and placing your bets should only be done in an objective and unbiased manner. Your like or dislike for certain players and teams should never creep into your decision process.

If you do your research and are selective in your betting style, you should find success. There is no need to rush and sometimes the best bet you will ever make will be the one you don’t make.

The only way to bet on sports is using the Sports Betting Champ. The system helps people win 97% of their bets. I’ve won 22 of my first 23 and see no reason why this trend won’t continue. Click Here! [http://www.squidoo.com/WinningSportsBets]

Powered by WordPress. Theme: Motion by 85ideas.