Free Betting Advice – Bookmakers and Secrets – Basics

Bookmaker Management

The vast majority of you likely think of the bookmakers as the old enemy, cash thief, the Devil himself even!!

If you do, it follows that your likely one of the many millions of folk giving them cash, and getting little back. This is negative thinking, and any negative thinking in gambling leads to your demise.

So what can you do about it, and what difference does it make what you think of your bookmaker?

Well all my bookmakers are my friend; in reality somebody who gives me cash is a friend. Wouldn’t that be the same for you? As soon as you believe that the bookie is the kind man who supplies you with cash for a Saturday night out, or that latest kitchen appliance, then you’re on the road to improving your returns already.

Most gamblers think you can win thousands a day, and purchase a boat one week, and a new vehicle the next when you’re a pro, but you are dreaming, it takes hours of work to create a decent profit every month.

If you additionally think your friendly bookmaker will happily hand over thousands a day too you, guess what? You’ve got to be kidding. If you run a business, and you are giving the same customer cash every day for nothing, would you still do business with him? Sure you wouldn’t.

If you keep attempting to bankrupt a bookmaker, he will show you the respect you deserve for your approach, and shut your account. This is not bad nasty bookmaker, but common sense, he is attempting to run a business, and make a profit.

Now if you know you are likely to make money, and the bookmaker knows you are going to make money, you have too keep to an acceptable each week, and then he’ll be able to lay off your bets, and he will furthermore accept that the bets you put on are in addition supplying him with good info. This way you can have a decent association, although they could still limit your maximum bet. However, this method will not work with the Big 3 bookies, as they do not wish for any winners.

If working at home, you will need to plan your betting like a military mission for each bet, and spread it all around various bookies.

If you want to bet thousands, then the only answer is to do battle on the track, or on a betting exchange, and as soon as your making this much, you still have to use the same theory as above.

On Course Secrets

Just a quick tip, but one which ought to help you find extra winners while on the racecourse.

Before racing begins, hang around the bookies looking for any punters placing a nice wad of cash on a horse. If he/she is wearing a suit, it’s probably best ignoring them, as these are corporate men trying to impress their clients or boss, and likely don’t have a clue which end the head is on.

If they look like ordinary Joe Punter, but are betting big, they may be a pro. You are probably best keeping an eye on them for the first few races to make sure they do know what they are doing, and keep an eye on more than one, as professional gamblers are pretty rare.

Watch which racehorses they gamble on, and watch the race. If that horse wins, or runs well, watch to see which horse they bet on next. Again, watch the race, and the next one. After that, if you consider this person to have good expertise, you can follow what he does for the remainder of the day.

We don’t mind folk doing that, as we can’t hide from view what we do, although a few will get piddled off with being stalked! Don’t follow in our shadow though, as you will get a number of choice words, as you wouldn’t like being tailed by a strange looking person would you?

You can make contact with pros on the track, although they might not give you the days selections, the majority will offer you advice, and a number of pointers for the future.

8 Important Tips to Win at Cricket Test Match on Betting Exchange

Betting exchanges are an innovative new addition in the world of online betting industry. One great advantage of using betting exchanges is that there are no bookies, which ultimately results in notably better-priced odds.In addition, on betting exchanges, you may opt to BACK (bet on), or LAY (oppose), which means that you can be either a punter or a bookie. Betting exchanges are specifically good for betting on cricket matches.

Tips for Betting Exchanges on Cricket (Test Match):

Efforts of test match cricket players on the field offer some outstanding betting odds in betting exchanges, as cricket is a custom-made game for such type of gambling.  

Tip 1 – Logically, all betting patterns on betting exchanges for cricket depend on numbers. Therefore, the more “numbers” linked with the game, the better it becomes for you to bet.

Tip 2 – To begin with cricket betting on betting exchanges, it is better to consider the most tremendously betted market in cricket, which is the runs market.

Tip 3 – At the beginning of a Test match, betting bookies will provide a market on expected runs in each innings. For example, in a summer Test match between New Zealand and England, if England wins the toss and elects to bat first, then reckoning on the prevailing climate conditions and batsmen picked, you can quote a total of 320-335 for England.Next, if you believe that England might score more than 335, buy at that sum for per run and if you believe that they might score less than 320, then sell that figure for per run.

Tip 4 – Next, if you buy and England’s total score exceeds the expected 335 score, then you win the difference per run between the final total. In addition, if you trade and England scores less than 320, then also you win the difference per run between the final total.

Tip 5 – The runs market is very unpredictable. However, it is imperative to remember that the opening quote is updated constantly all through the innings. If England fails to make a good start and lose early wickets, then the opening quote might decline.

Tip 6 – Next, if they make a good start, the quote will rise. You may close your bet before time by using new quotes at any time.For example, if you buy at 335 and England makes fast 60 runs without losing any wickets in the initial 10 overs, then the opening quote will inflate to around 365-380 mark.

Tip 7 – Thereby, if you had bought at 335, you are now able to sell at 365 for a quick 30 times your bet per run profit. In addition, remember, with betting exchanges for cricket you always purchase at high and trade at low.

Tip 8 – Due to the instability feature of the runs market, opportunities keep on popping up regularly. One vital tip to remember is that, dealers on betting exchanges in cricket are at times a bit slow to respond, if a team starts losing early wickets and that too quickly.

Online Sports Betting Sites – Within Reach of Many Thanks to the Internet

The advances in technology over the last several years have ushered in the computer and web space revolution and many things have never been the same again. People can now talk and view other people from across the seas on their computer screen, take the pleasure of watching movies online, go through eBooks, play games and even do their purchasing without leaving their house. Other benefits of the internet are the opportunities it has thrown up for people to make money sitting at home by either working on web content, trading the stock market or indulge in gambling at online sites. The online sports betting sites have been a great introduction for people who like to place bets on games and horses and they can now do this without having to be physically present at a casino or race course.

Essentially these online sports betting sites permit you to place bets on sports teams and upon winning, you can get the money you placed and the winnings out of the odds placed on that team. You will lose your money if the team loses and this is a process that has been simplified and understood by all those playing for such stakes. Earlier, gambling was limited to horses but with these online sports betting sites, the concept of betting on sports teams and even individuals has taken root. There is a plethora of such sites and it is up to you to recognize the authenticity of the site you wish to place your wager on. You can do this by taking recourse to references about the site from experienced players. No site can survive if it is not backed by transparency in its dealings.

Some of the well known online sports betting sites like BetGameDay and My Bookie are ones that have been around for a long time and offer a variety of games for placing a wager for the site visitor. They also provide a much higher quality of customer service and easy registration formalities. The free bets offered by these sites coupled with dissemination of vital information related to sports and betting have made them favorites with a lot of their customers.

What All Should You Know About Online Sports Betting?

These days there are a lot of people betting online and therefore online sports betting have become a huge industry today with millions of people participating in them and a large number of betting websites operating on the web. It is the possibility of betting from anywhere around the globe that makes online betting so popular. Another advantage of making your bets on the internet is that there is no jostling for crowd, no bookie involved or no shouting over the crowd.

If you are entering into this venture for the first time, then the main thing that you should be worried about is to look for a reliable bookmaker. On the internet, there are a number of bookmakers, but your major job would be to find one that is reliable and credible. The best way to do this would be to checkout for the most popular ones and read on the best reviewed sites. If you have some friends who are into this business, then you can consult their advice and find out the best online sites.

Once you have found the most suitable betting site for you, half of your job is done. Now all you have to do is to open an account or register in the site and follow the instructions. Most of these online sites have the option of using your credit card, thus making it even more convenient. Some of these sites also offer bonuses when you sign up. However, that should not be the sole factor that helps you decide which site you want to place your bet on.

Now that you have found a site and registered in the site, all that is remaining is to have enough money in your account and start placing bets. However, just like any other bet, to be able to win you will have to employ some strategies. For instance, you should be well aware of the betting rules of the game that you are betting on. The betting rules for basketball may differ from the rules of other games. So for proper results, you have to be well accustomed to the rules of that particular game.

Another thing that you should be considering is the factor of whom you are betting against. Though normally people place bets against the sports book or the bookmarker, these days there are cases where the bets are placed against odd markers.

The Advantages of Online Sports Betting

Just one short decade ago, it was virtually impossible to engage in legal sports betting if you live in the United States or in Canada. Both countries prohibit betting on almost all organized sports, in any form at all. The exceptions have always been parimutuel betting, which is only applied to two or three different sports (among them dog and horse racing).

Outside of those sports, the only legal bets one could place on sports in North America had to be made in the state of Nevada. For whatever reason, sports betting seemed like a reasonable thing to do deep in the desert, but nowhere else.

The coming of age of the Internet has changed the face of sports betting forever. First of all, it has opened up whole new opportunities for those interested in making legal wagers on their favourite teams or events. No longer does a person have to wait to make a trip to Las Vegas in order to place a bet on the Final Four during March Madness. Instead, those bets can be placed with a Vegas bookmaker online, from the comfort of one’s own home.

And Vegas is not the only town in on the online sports betting action. All over the world, major bookmakers have opened online sites for those wishing to place a wager. This means that you can place a bet on virtually any sport in the world, from American football to lacrosse, in any league you want be it amateur or professional.

Of course, the governments of some nations (America in particular) are concerned with the prevalence of online sports gambling, so there are some sites which will not take bets from American customers. However, there are plenty that will, at least until the legality of the practice is determined by the governing bodies of the nation.

In the meantime, though, sports betting online means that there is more money floating around than ever before, all thanks to ease of access.

Aside from the many options offered by the number of bookies online alone, those wishing to engage in football betting, basketball betting, or placing bets on any other type of sport can also take advantage of alternate betting opportunities. Traditionally, sports bets have had to be made through a bookmaker. This business sets the odds and takes a cut of the action as well. The rise of the online betting exchange, however, has meant that bettors can make or take their own odds, often increasing the value of their bets. There are also opportunities to bet against a team or individual in a sports betting exchange, rather than just on a team to win.

Finally, online access means that people betting on sports have more information at their fingertips which can help them decide which bets to make. Sports information lines have up to the minute records of teams, statistics, rosters, and odds which can all factor into the responsible gambler’s bet day decisions.

The growth of the Internet has revolutionized many different industries, and sports betting is certainly among them. More information and a lot more options are two of the main strengths of online sports betting.

Secrets of Sports Betting – The Bookmakers Secrets!

During the 1980’s, I was part of a group, that used computers to win millions in sports wagers from Las Vegas Casinos. This was before personal computers were in everyday use. The invention we not call the internet was years away from having access to handicapping stats and data. We were successful for two reasons. First we were ahead of the odds makers in collecting important information. They were still doing things the old way, and we took advantage of that loophole.

Those days are gone forever. The second key to success, is to understand how the numbers really work.

ODDS DO NOT PREDICT THE WINNER

Think of it this way. “Odds do not predict who will win. They are actually predicting who the public THINKS will win.” Most sports punters, both professional and novice, do not understand the secrets of the bookmakers.

Two-way sports wagers, (meaning two teams with a 50-50 chance of winning with no ties) are posted at odds of 11-10. This means you wager £11 to win £10. Half the punters select team A, and collect their £10 when they win. The other punters choose team B, and lose the contest paying their bookie £11. You would think this gives the house or bookmaker a 4.55% advantage. You would be wrong with this assumption, but do not feel bad, 99.5% of the bettors think like you do.

THE BIG MISCONCEPTION

General thinking goes something like this. The bookmakers, insure themselves a profit only by balancing their books. In other words, they hope to get half the bets on each of the teams, thus they win every time. In reality, they hardly ever balance their books, or even come close. Your may find small local bookmakers, with small bankrolls, try to operate in this manner, but with so many internet shops available, even they can even up lopsided books. Many small bookmakers do not even know the secret. They are like the rest of the cattle and travel along with the herd. The erroneous belief that large sports bookmaking operations need to balance their bets is the big secret in the industry. What they do need to accomplish, is secure plenty of volume on both sides, without actually balancing the books.

THE BOOKMAKER’S SECRET REVEALED

Suppose the bettors in our example game, risked $165,000 to win $150,000 on the favourite. But the public only bet $82,500 on the underdog trying to win $75,000. This looks like a mismatch, with the bookmaker heading for big trouble if the favourite wins. If the dog prevails, the sports book makes a profit of $90,000. He wins $165,000 from the favourite bettors, and pays out $75,000 to the Dog winners. If the Favorite wins, the bookmaker loses $67,500. He will win $82,500 from the underdog backers, but lose $150,000 to the fans who bet the favourite. This results in a loss of $67,500.

Now you may be saying too yourself that math does not make the house a winner. So let us review, when the Underdog wins, the bookmaker wins $82,500 but if the favorite wins, he loses $67,500. Favourites and underdogs usually split the winning equally and each side 50% winning of the time. Half of the time he will lose $67,500, the other half he will win $82,500, so his profit is $15,000 no matter who wins. So in our example, what is the bookmaker really risking? The bookmaker is really risking $67,500 to win $82,500. In simple terms, he is essentially laying $75 to win $100. That means he does not have to even win 50% of the time to break even. The house only needs a 42.9% strike rate, after that, it is all profit.

TAKE DOWN A 33% PROFIT NO MATTER WHO WINS

Give me odds of losing $75 and winning $100 on a 50-50 coin flip wager. I will beat you every time with this huge house advantage. To most fans, the general thinking is the bookmaker needs to balance his books with equal wagers. From my example, you can see this is not true. When you have bettors risking twice as much on the favourite side, you are getting a 33% return on every dollar.

Sports Betting Techniques – Finding the Best Odds

What are the odds that your favorite team will win in a sports match? Those odds, whatever they are, are different from what people call ‘odds’ in sports betting. Before placing your wagers on a sports match, you first have to look at the betting odds. That’s where you need to develop skills in finding the best odds. Why? Well, simply because you may lose more money than you except. There’s more to sports betting than simple dollar-to-dollar ration, therefore finding the best odds is extremely necessary before deciding on which sports matches to bet on.

There are basically three things you have to know when finding the best odds. These are the decimal, fraction and US odd formats. Decimals odds use decimal figures (eg. “1.50”), representing the full payout based on the wager. Fractional odds, meanwhile, use fractions (eg. “1/2”) to represent the money won against the money you wagered. US odd format, on the other hand, are pretty straightforward. When positive (eg. “150”), it means you win $150 for placing a $100 bet. A negative odd (eg. “-200”) means you have to wager $200 in order to win $100. In finding the best odds, you must understand the odd format used by the bookmaker.

It’s just like breaking down mathematical formulas. You have to understand what each number or symbol means to calculate the results. In finding the best odds, you have to understand what “1.50”, “1/2” or “-200” means in order for you to realize how high or low the risks are in placing your bets on a particular sports match. Practice finding the best odds. Let’s say you bet on a match that has a “2.00”, “1/1” or “+100” betting odd. Decoding them, you’ll realize that they are the same-you win $100 for every $100 wagered. Bottomline is, when you are trying to find the best odds, first you have to understand them.

The Worth and Price of a Sports Betting System

If you have ever had to worry about money, then you know how important it is to your very survival. They say that money cannot buy happiness but it sure can pay the bills and make life easier. Some people just want to gain more money and do so through gambling. If you are not sure about traditional gambling, then sports betting may be what you need. But can a $17.00 ebook, such as the Sports Betting System, really be the answer to your problems?

If you think about it, $17.00 is not much to pay for a sports betting ebook. Most cost several hundred dollars and require a constant membership. The Sports Betting System is really a bargain at such a low price. But you have to question if it is being sold too cheaply? Maybe the information is not as great as the website claims. Or it could be that it is a simple system and the author does not want to charge an arm and a leg.

Betting on sports is tricky at best. The first thing the eBook teaches you is how to place a bet. That bet may be online or with your local bookie. That is step number one. The next tip, or step, is all about teaching you the odds. It does not give you the odds itself because those are variables that change constantly. You have to learn how to gauge the odds yourself. Step three is all about how to avoid losing bets. That is the step you really want to concentrate on because it is the one that will determine whether or not you’ll continue to use the system. If you suffer constant losses, then you are going to demand your money back. So it is important for any teacher, writer or system creator to teach you the difference between winning bets and losing bets.

Once you have the basics down, then you can start looking at the various sports that you can bet on. Yes, you could bet on the local turtle race but that is not what is going to generate cash for you. You need to tackle the big sports, such as major league baseball, professional hockey, professional football and even soccer.

Is the Sports Betting System really worth $17.00 to try it out? You will not be out much money and it may actually work for you. Even if you do not know much about sports gambling or statistics, the book can teach you what you need to know. You may not be an immediate expert but at least you will get your feet wet trying to figure out which teams to bet on. And you may very well win those bets.

5 Top Tips to Win More at Sports Betting

Have you had enough of losing your money to the bookies? Then check out these five tips on how to beat the bookmaker.

1. Claim Free Bets

There are many, many bookmakers out there competing for you business and most of them will offer you a free bet. This free bet will typically be for £20 to £100 (or your currencies equivalent) depending upon the bookie. By taking advantage of all these free wagers you really can put things in your favor when embarking in sports betting. Look at the free bet as a way of subsidizing your betting provided by the person you are betting against!

There are often conditions involved with the free wager but they are not as difficult to meet as what the casinos and poker sites have to offer. You rarely have wagering requirements (other than the first bet) and the free bet will be credited to your account once you have placed the initial qualifying bet. One of the main things to look out for is the minimum odds at which your bet must be placed at to receive the free bet. One bookie might insist that you place a bet at odds of 2.0 to qualify, while another might say the odds must be at least 1.0. Make sure you check the terms and conditions before attempting to qualify for a free wager.

2. Use Odds Comparison Software

Why would anyone not want to win as much as they can from a bet? You would think that everyone would, but the majority of people still do not compare betting odds before placing a wager. Again, with the sheer volume of bookies on the market, the difference of odds available can be huge. By choosing one without checking the market, you could be missing out on ALOT of money. The quick and easy way to compare odds is to use odds comparison software to check the best return in real time. It is such a quick and easy thing to do that it is a wonder that not everyone does it.

3. Bet on what you Know

If you are serious about sports betting then make sure you only bet on the sports you are knowledgeable on. If you know nothing about basketball, but loads about cricket, then just place bets on the cricket markets.

4. Use Odds Matching Software

There is a new piece of software out there called Odds Matcher that basically manipulates bookmakers so you can receive hundreds of pounds in free bets with no risk required. The way it works is by highlighting bets you can lay with an exchange and back with a bookie where there is no loss potential. For each bookmaker you do this with you will receive a free bet and again – there is no chance of you losing a penny.

5. Follow Betting Tips

There are a whole shed load of sites out there offering betting tips and it is important to distinguish the good from the bad. For example, you do not want to be following guidance provided by a ten year old on his old man’s computer. Check out the Racing Post, Sporting Life, and GG.com, all of which have some very seasoned betting professionals writing for them.

The 8 True Facts About Online Horse Racing Betting Exchange

Horse racing betting exchange is one of the most popular betting games among punters.

1.) You have many benefits to achieve from horse racing betting and it is the easiest form of online betting game.

2.) In addition, you do not have to visit racecourse for laying bets, since with the advent of many innovative technologies, you can sit from the comfort of your home and bet on horseracing.

3.) The best part of online horse racing betting exchange is that, you get the outcome of your betting within a matter of seconds via your email account. Often, horse racing betting exchange increases your income regardless of your outcome. This is because here there is no intermediary or bookie, who claims a big portion of sum as his or her commission.

4.) Betting exchange certainly increases your odds by 24%. In this kind of betting exchange, you need to return only a small portion of attained winnings. In addition, here you can even act as a bookie. Here, you wager against other gamblers online.

Other Facts:

5.) Unlike traditional racecourse, betting exchange offers you the option to lay a bet. You may set odds as whether a racecourse is suitable for a particular event. In fact, this ability of laying a bet enables you to gain profit regardless of the outcome. You can either back at a greater price or lay at a smaller price, thus ensuring obtainment of profits. In addition, online punters are given an option of not accepting the first offers on their stakes.

6.) You can choose the best obtainable odds and achieve prospective winnings. You can also demand better odds. Do not bet on any horse haphazardly, or else you may lose everything. Often people have a misconception that people, who constantly win are overlooked in horse racing betting exchange. On the other hand, traditional bookies discriminate against a punter, who wins constantly a huge amount of money. They even close their accounts and limit their stakes to avoid further play.

7.) The best part of horse racing betting exchange is that, the facility to earn big sum without any restriction or limit. Even if you bet on a horse, which loses the race, the outcome will not affect you, since you are placing a lay bet. You are still able to recover your money.

8.) Finally, choose a reliable site to bet on horseracing and pay heed to the terms and conditions before laying a bet, since terms may vary from one site to another.