Posts Tagged "sports betting"

NFL Betting Strategy

NFL Betting Strategy

It is without doubt that betting makes watching NFL games more exciting. As such, sports books as well as bettors are up to make profit. As such, the following are some of the strategies that will lead you to a profiting NFL season:

  1. Bankroll management

The first and the most important thing is to manage your bankroll. A bankroll is the amount of money you set aside to wager. You can set aside weekly, monthly, or full season bankroll. It is advisable to make bets with 2-5% of your bankroll. The objective of bankroll management is to help you stick within your budget. Avoid increasing the size of bets as you start winning or chasing losses. Keep in mind the NFL has a long season and you need to manage your money wisely to avoid being bankrupt.

  1. Look for weekly edges

The mistake most bettors do is placing bets on every game each week. If you want to increase your odds of winning, find edges instead and make the most out of them.

Make your bets based on what you think maybe an edge in the NFL line. You will realize that in some weeks, you will make 6 bets, others 4 while other weeks just 1 or 2 bets. Always remember not to force bets. This is because NFL games should be exciting and not frustrating.

  1. Line shopping

In order to increase your odds of winning in the NFL season, you need to do a little line shopping. This is basically checking out on various sports books and making comparisons on the lines on the plays of your choice. For instance, it could be your wish that Bears to cover 5 points on Monday night. However, there could be a sportsbook that could have listed Bears as 4.5 points favorites and not 5 pointfavorites.

  1. Bet sobee and don’t tilt

Bet sober- It is not a coincidence that some casinos offer gamblers free alcoholic drinks. Why? Because alcohol will impair your judgement while wagering. Avoid making bets when you are drunk. However, you can drink after betting and when the game starts.

Don’t tilt-Losing is part of any game. However, do not let emotions get the better part of you. Always ensure you make bets with a sound mind. You can do something different that will calm your nerves if at any point you feel like you are on a tilt.

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Understand the different types of Tennis Betting

Understand the different types of Tennis Betting

There are several ways in which a punter can bet on tennis and win some money. Below are the several bet types in Tennis.

Placing the bet on the winner of the Match.

This is much simple and easy to carry on as it only involves choosing on who will win a match. Taking note on the best available odds in individual matches is the best way in which one could have a good bet. For those who are into serious betting on tennis, having multiple accounts with several best betting sites is the way one could be able to compare different odds.

Set Betting

This is betting on the exact result of a match and clear giving the winner of the different sets. The most important thing to take note is that in this type of bets, one has to do a good research before placing any type. The research you should consider are the head-to-head records on between the two players you betting on and also on the difference at which they have won the past matches.

Future Bets

This is placing the bet on who would win a tournament. The odds of this events for example ATP and WTA are usually placed sometime before the start of the respective tournaments. In others the odds are set by sportsbooks and bookmakers’ even months in advance and this is the case for the Grand Slam Tournaments. There are also odds offered by bookmakers on the player that will be ranked first at the end of the year and before indulging on this always consider injuries although this cannot be predicted.

Prop bets on tennis

The numbers involved in tennis is the reason that makes tennis to be an ideal sport for prop bets. Every point of the game involves numbers as it is used in sets and matches. Online sportsbooks will offer a number of prop bets at any tournament some of which include 1st set game score, the round at which a player will be eliminated, total number of games that will be played among others.

Tennis Parlays Bets

This are wagers placed between multiple players and then all put on a single ticket. To win this type of bet, all the players that you have placed on the bet slip have to win their different matches and if one loses then the bet is gone.

Live betting

This are much similar to prop bet as the game of tennis involves numbers and a lot of numbers. This however involves betting while the match is going on this could be betting on anything. This could be betting on the player that would win a particular set to betting on who would win the game.

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Police in New York Arrest 8 people believed to be linked in mob-linked Sports Betting

Police in New York Arrest 8 people believed to be linked in mob-linked Sports Betting

From the Suburban New York, police have made arrests of 8 people who are believed to be associated with sports betting operations as detectives were in a crack down on mob-run gambling and loan-sharking.

This was a 10 month investigation that was labelled “Operation Rock Bottom” which focused on unauthorized high-interest street loans, as well as, off-shore gambling portals.

Investigators were in a position to put into custody unauthorized gambling records, more than $750,000 and computers through a search warrant issued to them in Rockland, Bergen County, New Jersey.

Arrested parties were charged with cases of receiving money for bets and putting people who borrowed money under pressure of interest rates of 25% to make payments. They were asked to make their payments weekly and bi-weekly.

4 of those who were arrested reside in Rockland. After the ring was announced, it was realized that it was also operational in Westchester County but no further details were availed.

This gambling website gave bettors usernames and passwords to use while placing bets on football, basketball and other sports events. The charges placed towards the arrested were for monitoring the betting activities taking place on the website and collecting money from losing bettors or winners who were paying out.

Who were Arrested?

Nicholas Farese; a 51-year old resident of Clearwater Court who was charged with promotion of gambling, having in possession of records to gambling and money laundering.

Ronald Ayes is another of the arrested parties residing in South Nyack and is seventy-one years of age. He was also charged with crimes of gambling promotion, money laundering, criminal usury and gambling related records possession.

Mark Moschells a 52 year old New Jersey resident was charged with money laundering crimes and a misdemeanour crime in gambling promotion.

Other people arrested were Vincenzo Reda, Peter Reda, Anthony Moschella, John Reyes and Richard Herman. All were charged with different degrees of money laundering, gambling records possession and promotion of gambling activities.

The investigations were a success due to the efforts of different departments which include the New York and Pennsylvania State Police, Prosecutors in Bergen and Florida and NYPD Asset Forfeiture Unit.

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Betting on Formula 1 Races

Betting on Formula 1 Races

Formula 1 is loud, exciting, fast and glamorous. These are some of the things that should attract you to betting on Formula 1. Whether you are betting for fun or to make some money from it, I have all the information you need so as to know how Formula 1 betting goes down or make a smart bet.

The more you are furnished with formula 1 betting information, the better your chances are of betting the odds.

Main Formula 1 bets

Drivers’ World Championship is one of the bets to place on Formula 1 races. This is the bet on the driver that will win overall on the whole season. The winner will be determined by the points they accrue at the end of the race.

Another bet you can have would be the Constructors’ World Championship which is similar to the drivers’ world championship. This bet will combine the two cars that each team will run. The winner will be determined by the team and constructor that attain the most points.

Another bet you might consider taking would be the podium finish. This is similar to backing a place in horse racing. Opposed to backing a driver each way, you will be in a position to back them to get on the podium alone (first three) in any race. Similar to the podium bet, there is the top six finish which you will be betting on the top six and not the first three; and this is similar to a top 10 finish.

Other kinds of bets you might come across include; pole position and the fastest lap.

Advice to carry with you to a sportsbook

As you go about your Formula 1 betting, you need to be smart and do your analysis rather than depending on the odds being offered in the bookies.

You can have more than one sportsbook to bet on. This will make it possible for you to shop for more odds other than relying on one bookie. After comparing odds on more than 3 betting sites, bet on with the sportsbook that has the best odds.

As I said earlier, do not rely on the odds alone; check on things like the weather, and previous performances of the teams and drivers on similar race tracks.

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New signed bill that might boost sports betting handle in Nevada

New signed bill that might boost sports betting handle in Nevada

Two bills that were backed by the sports betting industry in Nevada could lead to growth in the $3.9 billion already being generated in wagers an annual basis in states were sports books were allowed by law signed by Gov. Brian Sandoval. The senate Bill 443 allows for the establishment of business companies to bet on race and sports. This new law permits investors to establish business ventures and share in profits and losses from wagers at Nevada sportsbooks.

In the Senat3 bill 445, Nevada sports books have been permitted to set the line to bets and oversee facilities that might be operated in other territories. These two bills were signed into law on Tuesday, 2nd June, 2015.

This is a move that holds Nevada as the core of sports betting in North America. This was picked from a statement addressed by the CG Technology counsel Quinton Singleton.

Singleton said to ESPN that sports-betting is in other territories but this puts Nevada on the map to becoming one of the highly regarded sports betting industries around the globe.

The CEO to CG technologies said that this new market will permit the company to grow their business and services. Experts estimated that the amount bettors spend on sports can grow by three times in the state over the coming 5 years which could be fuelled by sports-betting.

Components in the concept bill did not get legislative measure 2 years ago. On the other hand, they worked with the gaming regulators from the state it came to the wording that needed the entity to have all information disclosed on their sports books investors.

The state senator Greg Brower who was among the sponsors to the bill in the past 2 years said the bill components came up with assurance of support. He added that sports-betting was the next frontier for sports betting which is something similar to the games of skills in slot machines.

The bill points out that the entity has to be signed up with the Nevada Secretary of State and have a bank account in Nevada. The members to the entity needed to be 21 years of age and submit their personal identification, tax identities and Social Security Numbers.

The chairman to the Gaming control Board; A. G. Burnett in a statement said that there was not need to have new regulations towards sports betting  since it will be bookmakers who will decide on the bettor to be on their sites. The control board on the other hand has the authority to investigate and enforce powers over the bookies.

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    Always bet responsibly and never gamble what you cannot afford. Here at sports-bettingsites.com we support responsible gambling. If you think that problem gambling is affecting you and/or those close to you you might want to contact gamcare and if you want to gain greater gamble awareness you can visit gambleaware.co.uk for more information.