How to Bet the Kentucky Derby: A Beginner’s Guide

Here’s a quick guide:

Exacta: You pick the two horses you think will come in first and second, in that order.

Trifecta: Pick the three horses you think will come in first, second, and third – in the right order.

Superfecta: You guessed it. It looks something like this: Vicar’s In Trouble (20-1).

Horses with a high first number (like 20-1 or 50-1) are considered unlikely to win the race. Conversely, betting on a horse with bad odds will pay out a lot of money if they do win. Like it’s name implies, the superfecta pays out big bucks if you manage to get it right.

Now it’s off to the races. Good luck racing fans!

You’ve got your mint julep and your fancy hat ready for the Kentucky Derby, but are you ready to place your bet on the horse you think will win?. If you’re in it for the thrill of victory alone (and not the money), he’s a good bet.

Betting on Your Picks: “I’ll take $2 to win on the four horse, please.”

In horse racing, you need to bet on what place the horse will come in. Horses with lower first number (10 and down) are considered top contenders.

Betting on a horse with good odds will not pay out much money if they win. If you’re not going to be in Louisville for the big day, you can head to your local racetrack or off-track betting outlet and place a bet there.

Picking a Horse

There are 20 horses in the field for the Kentucky Derby, though as of now only 19 will be running Saturday (#11 Hopportunity was “scratched.”) All the horses are 3-year-old male thoroughbreds, which means they’re young horses with lots of talent that is still developing and not a ton of experience.

Many casual bettors will pick a horse based on name or looks, but there are better ways to judge the odds for whether a horse has a shot at winning. You’re trying to hit the sweet spot: a horse with okay odds who you think has a shot at winning.

The favorite going into this weekend is California Chrome, with 5-2 odds. Say, “I’ll bet $2 on (horse’s name or number) to win.”

If you’re done with the beginner stage of betting, you can up your odds of winning by doing more complicated bets that yield bigger payouts: exactas, trifectas, and superfectas. The words “first, second, and third,” are replaced by “win, place, and show.” If you think your horse is pretty good but not going to come in first, you can bet that he will “place,” — that is, come in first or second. Or you can bet that he will “show,” — that is, come in first, second, or third. You can place your bet anytime up until about 20 minutes before the race goes off at 6:24 p.m. Each horse will have a record of recent races he’s run, what place he finished, and how far ahead of the other horses he was. He’s dominated all the races he’s run so far and all eyes will be on him. Give that a good look to see who’s done well recently.

Look for a horse that has won most of his races by a good length. A horse that goes into the race with 50-1 odds but comes in first place will pay out the most money to the bettor. The Kentucky Derby is one and a quarter miles long, longer than any race these horses have run before, so the winner will need stamina.

Odds and Favorites

When you look at a race form there will be a number in parentheses after each horse’s name. Therefore, betting on him won’t yield a big payout.

Like all sports, horse racing has its own language that can be confusing to casual watchers. For a superfecta you pick the top four finishers in the right order. If your horse comes in any of those positions, you’ll get money.

If you’re sure you’ve got the winner and you only want to place a simple bet for him to come in first, go ahead and bet your money that way. Saturday. What’s a superfecta anyway, and how do you bet one?

Here’s our guide to making sense of the Run for the Roses. That number shows what the odds are that the horse will win

Sports News | Fox News

(AP) Alabama basketball coach Avery Johnson has donated a truckload of supplies to help flood victims in Louisiana.

Louisville AD: School is waiting on NCAA investigation

LOUISVILLE, Ky. (AP) Louisville athletic director Tom Jurich says his department has to ”just wait” while the NCAA investigates an escort’s book allegations that …

Tennessee athletic director Dave Hart to retire in June 2017

KNOXVILLE, Tenn. (AP) Tennessee athletic director Dave Hart is retiring effective June 30.

. Former Butler basketball star Joel Cornette dies at age 35

INDIANAPOLIS (AP) Joel Cornette, who helped Butler make the transition from a traditional mid-major program into a surprising power in college basketball, died Tuesday in a Chicago apartment….

Alabama coach Avery Johnson gives supplies to flood victims

TUSCALOOSA, Ala. (AP) East Tennessee State has dismissed guard Shemar Johnson from its basketball team.

Tennessee athletic director Dave Hart announces retirement

KNOXVILLE, Tenn. (AP) Tennessee athletic director Dave Hart will retire next summer after a tumultuous tenure that included consolidation of the men’s and women’s athletic …

East Tennessee State dismisses Shemar Johnson from team

JOHNSON CITY, Tenn

New Jersey sports betting law struck down by U.S. appeals court | Reuters

Circuit Court of Appeals in Philadelphia said the 2014 law allowing sports betting at casinos and racetracks violated the Professional and Amateur Sports Protection Act, a 1992 federal law prohibiting the practice in all states other than Nevada, Delaware, Montana and Oregon.

Nevada bookmakers made $231.8 million on sports betting in 2015, the state has said.

New Jersey argued that its law amounted to only a “partial repeal” of its prohibitions on sports betting, did not “license or authorize by law” such betting, and could help curb the “thriving” black market in the practice.. “It’s just wrong for Congress to deny New Jersey what the state of Nevada has.”

The 3rd U.S.

Rendell acknowledged the law’s “salutary purpose” in trying to revive those troubled industries, but said PASPA does not unconstitutionally “commandeer” the state.

New Jersey’s law banned wagers on state college teams and limited bets to people age 21 and older at casinos and racetracks.

It is also a victory for Major League Baseball, the National Basketball Association, the National Football League, the National Hockey League and the National Collegiate Athletic Association, which opposed New Jersey’s laws.

Reflecting the stakes, two former U.S. Governor of the State of New Jersey et al, 3rd U.S. The American Gaming Association, an industry trade group, wants PASPA repealed.

One dissenting judge thought the 2014 law permissible despite PASPA. solicitors general were on opposite sides of the case, with Paul Clement arguing for the sports organizations and Theodore Olson representing New Jersey.

The sports organizations, backed by the U.S. government, called the law “yet another attempt” to allow sports betting “only under the conditions of the state’s choosing.”

A federal appeals court on Tuesday said New Jersey cannot legalize sports betting, in a big defeat for supporters of the years-long effort to allow such wagers in the state.

“We do have two judges dissenting,” Lesniak said, “and we certainly will take a shot at the Supreme Court.”

(Reporting by Jonathan Stempel in New York; Editing by Lisa Von Ahn and Tom Brown)

The 10-2 decision is a defeat for Republican Governor Chris Christie, who has seen courts void two state laws, including one in 2012, designed to raise revenue through sports betting.

“We were relying on having sports betting to give a big boost to our ailing Atlantic City casinos and our suffering racetracks,” state Senator Raymond Lesniak, a Democrat from Elizabeth who sponsored the 2014 law and a 2011 voter referendum allowing sports betting, said in an interview. 14-4546, 14-4568, 14-4569.

“We are reviewing the opinion and considering our options,” said Paul Loriquet, a spokesman for state Attorney General Christopher Porrino.

Clement was not immediately available for comment.

“Because PASPA, by its terms, prohibits states from authorizing by law sports gambling, and because the 2014 law does exactly that, the 2014 law violates federal law,” Circuit Judge Marjorie Rendell wrote. Circuit Court of Appeals, Nos. The other thought PASPA was unconstitutional because it violated state sovereignty.

The case is National Collegiate Athletic Association et al v

Artificial intelligence: Key to ​Kentucky Derby betting?

In a recent 60 Minutes/Vanity Fair poll, more than half of Americans (53 percent) called society’s quest to advance the field of artificial intelligence “important.”

1. How does the system work? According to the company, the technology is built on a closed-loop system inspired by the insect swarm found in nature. Gun Runner

4. The participants then used UNU to predict the winning order — and it turned out to be 100 percent correct. For comparison, none of the experts at Churchill Downs predicted the top four horses, let alone the top four horses in the correct order.

The artificial intelligence company Unanimous tested its new software platform, UNU, on last weekend’s Kentucky Derby, as reported by TechRepublic. .

In a statement, Unanimous’ chief information officer David Baltaxe said the whole process took the company’s AI tool 20 minutes.

2. Twenty participants, convened by the company, first used the software to narrow the field of 20 horses down to four top picks. Nyquist

“I placed my $1 bet on the race at the Derby on Saturday and made $542.10 — the odds of winning the superfecta [the top 4 finishers in order] were 540-1,” TechRepublic reporter Hope Reese wrote. The idea is that “many minds are better than one,” therefore the act of pooling individual insights gives groups a better chance of reaching optimal decisions.

© 2016 CBS Interactive Inc.

Although several prominent industry leaders remain wary of artificial intelligence, and a recent high-profile experiment with it went awry, the technology could revolutionize everything from smartphones to automobiles. Mohaymen

You probably didn’t consider basing your Kentucky Derby bets on artificial intelligence — but maybe you should have. All Rights Reserved. Exaggerator

3

Scams :: Sportsbettingchamp.com – Scam or the Real Deal? the Truth Will Shock You!

Why does he sell it? Why not give for free? Would you give out free if you knew that everybody that buys it is making money off of it (some even making a living on it?? And because he knows that you can earn back the money instantly. He’s gladly charring the information with all of us for a small fee and a 100% guarantee that you will make money with his system. The seller of this system John Morrison is a Cornell University Graduate with a PhD in Statistics. If you want to know were you can purchase this system just follow the link below.. You can expect 49 Wins of 50!

SportsBettingChamp.com – Scam or The Real Deal? The Truth Will Shock You! First of let me say that I have seen a lot of “Guaranteed To Win” over the internet and I do believe that more than 99% of them are all scams. You often see these being sold for a few bucks on eBay or some sports betting forum. I would never ever recommend a single product that I didn’t know for 150% that it is the real deal. The truth is most of these systems just guess on their sports betting picks and every now and then they get lucky. But one system out there actually works! And I have been following it for about a month now and it has already given me 1500 bucks! Ok so it doesn’t make me rich or even close to that but it’s a start. If you don’t believe me fine to bad for you. This is a proven winner! So for once in your life take a chance and forget all your doubts, I recommend this system to anyone that wants more money or just likes placing bets! The best part is you don’t even haft know anything about sports just do what John tells you to do and you will succeed.

Click Here: Sports Betting System That Works!

This is why Dr John Morrison’s system (SportBettingChamp) works! The picks made by Dr John Morrison’s system only are only sure winning picks during the season. But not one these systems tell you how many losses they may have had in the past. Now I don’t know if you ever searched for a sports betting system that actually works, anyway if you have then I’m sure that you have seen a lot of scams scattered all over the internet. The Internet is full of crappy systems. So last but not least I would like to say that SportsBettingChamp is only being recommended because it really works! Why else would I take the time write this? And here in Sweden it’s tax free money and don’t know how it is for the rest of you

When Exercise Becomes an Obsession

When Exercise Becomes an Obsession

It sets a foundation for understanding the problem, who is at-risk, the indicators that signal a problem is emerging or prevalent, and how best to intervene. Sports and gyms are fertile grounds for the development of Anorexia Athletica or Hypergymnasia. The hallmark of these disorders are excessive physical exercise coupled with restrictive eating patterns. No Coach or Fitness Professional should be without it!

Book Description:

. This book is for struggling athletes and first responders.

Author’s Bio: 

Anorexia Athletica & Hypergymnasia: When Exercise Becomes an Obsession

“Buy this vital resource and arm yourself with the crucial knowledge you and your staff need to effectively recognize and intervene with your athletes or clients who are exhibiting excessive work out behavior and disordered eating!”

Anorexia Athletica & Hypergymnasia: When Exercise Becomes an Obsession can be found on Amazon.com.

“When Work Out Dedication Turns into Unhealthy Obsession”

Dedicated athletes and committed exercisers are held up as motivational examples to follow. Motivation can shift from performance enhancement and increased physical fitness to extreme weight loss and a relentless struggle for perfection. She has both personal and professional experience dealing with the issues discussed in her self help books.

Anorexia Athletica & Hypergymnasia: When Exercise Becomes an Obsession is a comprehensive resource for Coaches, Fitness Professionals, parents, and athletes that details how to recognize, intervene, recover from, and prevent Anorexia Athletica and Hypergymnasia. Working out becomes compulsory and disordered eating patterns emerge.

Stephanie Eissinger is a Licensed Clinical Professional Counselor, Certified Life Coach, Certified Embody Love Movement Facilitator, and Self Help Book Author who’s dedicated her professional life to empowering individuals to overcome life’s challenges to live happier, healthier lives. Not just for the purpose of gathering dust or impressing others, but, as a valuable resource to provide the tools for prevention, detection, and early intervention!

Athletes, Coaches, Fitness Professionals, Parents, and Teammates need to be aware of the signs and symptoms that indicate Anorexia Athletica or Hypergymnasia is developing in order to provide early intervention. But, what happens when that “healthy” work out motivation and behavior takes on a darker side? Self-disciplined individuals with perfectionistic tendencies and a strong desire to compete (even with themselves) are at a high risk for developing training and exercising behavior that is excessive and dangerous. That reality makes this book invaluable. Anorexia Athletica/Hypergymnasia gradually take control of the individual’s thinking and behavior.

“Buy this powerful resource for yourself if you’re struggling with excessive exercise and disordered eating behavior…and be your own first responder!”

Article originally published on www.disorderedeatingguardian.com.

The pursuit of athletic excellence, superior physical fitness, and improved body image can take an ugly turn if the motivation veers away from health and becomes about weight loss and seeking the “ideal body shape.” The very same qualities that lead to optimal performance and fitness can also drive individuals to take drastic and unhealthy paths to get there. It should be on every conscientious Coach, Fitness Trainer, struggling athlete, and parent’s book shelf. For those individuals who are showing early signs, an Exercise Addiction Questionnaire and recovery suggestions are included. The earlier intervention occurs, the easier and faster the individual can recover. What originates in a desire to improve performance, fitness, and self esteem turns into a form of punishment and unhealthy practices that eventually have the opposite outcome.

This cutting edge book provides essential information and guidance on building positive, insulating cultures within the sports arena and teams, the fitness gym, and the home environment

Movie Review – The Sting with Robert Redford and Paul Newman (1973)

J.

A Tip on a Horse Race

All hell broke loose.  The FBI was involved and the corrupt policeman, Lieutenant Snyder was also there.  Gunfire was part of the action.  The ending, the “Real Sting,” will not be revealed here.  It was such a fun movie to watch.  It has never lost its charm, and its equal has never been seen on the screen.

In order to lure Doyle Lonnegan to the betting parlor, Gondorff planned to join Lonnegan at his private poker party which he held on the 20th Century Limited train as it traveled between New York and Chicago.  Gondorff won $15,000.

 

Save

Save

Background

“The Sting” was nominated for ten Oscars and won seven, including Best Picture, Best Director and Best Original Screenplay.  In addition, Scott Joplin’s song “The Entertainer” was used as the theme music in the film.  Pianist Marvin Hamlisch’s adaptation of the song won the Academy Award for Best Original Song Score and Adaptation.  It triggered a revival of Scott Joplin’s music which was written in the first decade of the 20th Century.

Lonnegan and his henchman Floyd showed up at the betting parlor.  The games had begun.  J.  In the first game, Lonnegan raised with two pair, but Gondorff beat him by showing three tens.  Gondorff was able to get a seat at Doyle’s private table, and introduced himself as Shaw.  Henry Gondorff’s girlfriend Billie (Eileen Brennan) was on the train and managed to steal Doyle Lonnegan’s wallet containing $20,000, and to drop it in Hooker’s lap as she passed through his car.  In the second game, Lonnegan’s bodyguard Floyd somehow managed to stack the deck of cards in order to give Lonnegan four 9’s and give Gondorff four 3’s which caused both of them to build up the pot.  When Gondorff showed his hand, though, he had four jacks, beating Lonnegan’s four 9’s, infuriating the other cheater. Singleton (Ray Walston) was the caller, set up in another room to simulate the real thing.  Lonnegan handed the teller his 500 grand, betting on “Lucky Dan” to win.  When the race was over, “Lucky Dan” came in second rather than first.  The caller at Klein’s Drug Store had told him to “place” his money on “Lucky Dan,” which meant to bet that the horse would come in second.  Lonnegan did not understand the subtle instruction.

Save

                                                                Paul Newman – Wikimedia

Save

Now that he had Lonnegan’s trust, Hooker invited him back to the betting parlor, where Lonnegan brought $500,000, which at 4:1 would make him two million dollars on a race that had already been run.  At Klein’s Drug Store, Lonnegan got the phone call telling him to place his money on “Lucky Dan” in the 3rd race at Riverside Park.

When Lonnegan showed up at Klein’s, Hooker (Kelly) told him a guy would call the pay phone at Klein’s and would give him the name of a horse to bet.  Hooker gave Lonnegan $2000 to bet on the horse.  The phone caller told Lonnegan to play Blue Note to win the 5th race at Narraganset.  He came with his “apes” to the betting parlor and placed his bet.  Blue Note won by a nose and paid 7 to 1.

Save

The Big Con

This classic film has a complicated, yet refreshing, story to tell.  It helps if you know the game of Poker and the language of the confidence man, such as his calling his target or patsy “the mark.”  These episodes keep you on your toes and add to the enjoyment of this spectacular film.

[1]

Save

                                                

Save

Hooker’s Life is in Danger

Introduction

                                                            $1000 Bill – Wikimedia

Save

Gondorff Gets a Seat at the Poker Table

                                                        Eileen Brennan – Wikimedia

When he met Henry Gondorff, Hooker learned about an elaborate scheme which Henry has used in which he sets up a phony betting parlor with a phony caller relaying the races and their outcomes that are occurring throughout the country.  Through the help of an insider at the Western Union office, the fake betting parlor received the results before the rest of the world, and was able to pass the information on to special customers of the betting parlor.  A group of men who were friends of Luther played the staff and customers of the betting parlor.

“Lucky Dan” Came in Second

We are first introduced to grafter Johnny Hooker (Robert Redford) who worked closely with his friend and mentor Luther Coleman (Robert Earl Jones).  They managed to fleece a character of $11,000, which confirmed Luther’s decision to retire from the con game.  He recommended that Hooker should meet Henry Gondorff in Chicago who would introduce him to the “Big Con.”  Regrettably, the man they fleeced was a henchman of crime boss Doyle Lonnegan (Robert Shaw).  A corrupt police officer, Lieutenant William Snyder (Chares Durning) was a friend of Lonnegan and demanded that Hooker return the $11,000.  When Johnny Hooker gave him an envelope filled with toilet paper rather than paper money, Lonnegan had Luther Coleman murdered in revenge.  Hooker left town and went to Chicago to look up Henry Gondorff.

The night before the Sting, Hooker visited a waitress named Loretta at her apartment.  The next day, she approached him on the street and was shocked when a black-gloved man appeared and shot the waitress.  He informed Hooker that Loretta had a gun and was about to shoot him, but Gondorff had hired the black-gloved man to look after Hooker.

“The Sting” reunited Robert Redford and Paul Newman who starred in “Butch Cassidy and the Sundance Kid” four years previously.  They act so well together; sometimes it just takes a nod, a wink, or a smile to bring each other’s character to life.

                                                          Robert Redford – Wikimedia

Hooker Befriends Lonnegan

Save

Save

Save

When Gondorff left the game, Hooker was able to get his seat at Lonnegan’s table, and introduced himself as Kelly.  He made up a story and told Lonnegan that he wanted to take over Shaw’s operation and could use Lonnegan’s help in doing so.  Kelly told Lonnegan that Shaw had his $20,000 because he sent a woman to steal his wallet.  Kelly had a plan to get Lonnegan’s money back.  Lonnegan agreed to meet Kelly at Klein’s Drug Store the next day.

How To Get Rich on Habbo Hotel

It begins with a new

player

deciding to buy coins. This will give you a positive reputation, and they’ll likely bet it again and lose it anyway.

. The trick is to open a coin shop and

sell LOW.

You’re not looking to make big money here; just enough

to get started with your

gambling enterprise. As you get

rich enough,

consider the prospect of opening your own casino! You can sell

rights

and establish yourself more formally as a well-known dealer

on Habbo Hotel.

Remember to deal responsibly. In most cases, the casino wins when gambling. There’s bound to be something.

With all these techniques, you should

see a steady growth of your purse. For

instance, in a game with 10% dealer

advantage, for every 10 coins bet, the dealer

can expect to profit

1 coin. You may get discounts

(or

even free) rights other casinos. In

order to

grow your wealth, you need to play games with a dealer advantage, such as 6, 13, 21, and pick-a-number.

The

dealer advantage is defined as the percent profit the dealer

makes on each bet. Getting to

know them can lead to them betting you, or at

least filling a casino you deal in

and making you appear friendly

and approachable.

These coins will be traded among

various Habbos until one of them ultimately decides to

gamble

them. This translates into the pixel world.

You’re going to need Habbo Club to appear presentable and to be taken

seriously by the community (no one likes being called a bacon). If you can’t, let the Kelly

amount be

your booth’s maximum bet.

DO mooch more furni and

coins and trade up

How I got my starting capital (several

times, mind you) was by making rich friends

and getting gifts from

them. As your reputation

grows, it may be tempting to do

super rare bets that you cannot

afford. Never bet higher than the Kelly criterion

would have you,

and remember to put all that furni you earn to good use!

Habbo

Hotel is a massively multiplayer online game where players create

virtual

avatars to visit various hotel rooms, participate in

activities, and personalize

their own page. I have posted

a Kelly

calculator for Habbo games here.

Dealing over the Kelly bet will make you more likely to lose it all

without any added benefit. It is clear that the richest of the rich on Habbo

did

not attain their wealth from buying coins, considering that spending

$100 on

coins will get you only 10

gold bars. Here

are some tips for Habbo Club members:

Do not overdress. If these coins

are wagered enough times, the casino will eventually own all of them.

Thus, the split between rich and poor grows.

Check bobbavalues.com if you need a

price check on a rare you come across.

Step 6

Buy rights from a popular

casino

Your money will simply not be well spent unless

you buy rights from a popular

casino. For example, I

would be more apt to bet someone named

Blue than XxSweetie_012xX.

Whip out a dictionary and look up some words that have

not been

taken yet. This path is by no

means quick and easy, so do not expect instant results.

Step 9

Conclusion

Step 8

Bet big = FAIL

According

to The Wizard

of Odds, the amount you should optimally be dealing for each hand

is determined by the Kelly criterion. Save up your coins

until you have enough to buy rights PLUS about 50 coins to start

dealing.

Grow your friend network

It

is important not to coop yourself up in the casino the whole time as

you are

trying to gain profit. (See

my page for details on dealer advantage.) But, in order to get a

good start on your dealing (as we will discuss later), you will

probably want to start with 50 coins (known as a “gb” for

gold bar).

I also recommend playing the many games

that are hosted, but never pay the owner furni. I’m guessing you have one of those.Step 1

Step 5

Tips & Warnings

Step 4

DO NOT BET YOUR FREE HC

GIFT

Betting in Habbo is typically a no-no. In addition

to most games and their

conditions leading the dealer to an

advantage, you will likely get scammed,

reducing your total

payback even more. There

will be plenty

of winning/losing streaks along the way, and your

total bankroll over time will be

a rollercoaster.

Things You Will NeedAll you’ll need is a computer with a working Internet connection. Using Habbo Hotel as a

friend-making service (as it was

intended) is one of the most

profitable moves you can make as a dealer. The

approximate dealer advantage of each game,

determined

by simulation, is found here, the higher the better.

Bear

in mind that the dealer advantage is over the long run. Many people

who

attend these have a decent reputation on the hotel and many

friends. Sometimes these gifts would be rares (right on!),

but

typically I got various norms. To the typical Habbo

player, it can be daunting to see how wealthy

some of the elite

players are.

Good places to find

friends are in various games and reality shows. Doing so

will grow your

reputation and give you more people to bet. A

myriad of bling and headdresses is bound to scare

patrons away

from your booth.

Do not wear badges except the one for the

casino’s dealer group.

Doing this will also get you your first

HC gift.

Step 2

Select a good username.

Many

Habbos try to get bets in casinos, but fail to do so and wonder why.

Gamblers

with experience inherently trust more aged users, and an

indicator of age is the

uniqueness of a username. Getting to know others on Habbo is

essential

to making coins. Step 3

Get your first month of

Habbo Club.

Habbo Hotel is dominated by teenagers, and

teenagers are superficial. If

you’d like to get this right away, simply buy a few coins (you could

get 20 via text message for $4), or, if you’re a die-hard for not

spending any money, play games and make friends, get some normal

furni, and sell them for coins (described in-depth in step 5). If a player claims to lose all their furni, I recommend giving them one of their bets back. You need rights in a casino that is regularly on the top

of

the list.

This how-to guide will give you the

tools needed to become rich on Habbo Hotel. It’s best to expect

that the owner is a scammer, and you can’t get scammed if you don’t

give him or her anything.

Realize that the Habbo

economy is dominated by gambling.

Wealth is localized in

Habbo in quite a regular fashion. Thus, it is

important to apportion bets appropriately to allow for

this

long-term growth, as discussed in the next step.

As a dealer, it’s important not to offer deals that are so large they take away your dealers’ advantage. (The Habbo Club sofa used to be the common

unit of exchange in the market. However, with the birth of the

marketplace, coins are now typically used.)

Step 7

Deal ONLY games that are, eventually,

guaranteed to make you rich.

Poker and multi have a 0%

dealer advantage, and are thus horrible games to deal. This formula was made to show

gamblers (if the odds are in their favor) how much they should bet

for maximum growth with minimum risk. It’s ok to shop around for a

good deal on rights, but don’t suffice for a

middle-of-the-list

casino. Although dealing under the Kelly bet will

slow your

growth, it is certainly better to deal under than

over.

Thus, you should regularly check

your bankroll and see what the optimal Kelly bet

is,

and try to get bets that are that big

Using Reverse Line Movement To Win

Using Reverse Line Movement To Win

Another important recommendation is to use a slow moving (but reliable) sportsbook. Sure, using this approach leaves open the possibility of the line turning around and moving back against you, but as you will see in bit, betting as soon as an RLM qualifies has been profitable in every major North American sport such as the last two seasons, so if one line turns around, so be it. Keep an eyes on the top five sportsbooks at Sports Insights though, as NCAAF sports betting has been very liquid in that regard, with only one sportsbook (believe it or not, Bodog) finishing in the top five both years.

So what exactly is reverse line movement? RLM takes place when a large majority of bets are on one team, yet the line moves in the opposite direction. Carib ruled the roost season at 93-66-9, 58.5 percent, +18.55 units after ABC held the penthouse spot in the 2007-08 season.

To back this up, our friends over at Prosportsonline.net have tracked the records for games where over 60 percent of the public has been on one side, yet there was reverse line movement of at least one full point from the opening number at the top sportsbooks in NFL, NCAAF, NBA and NCAAB. Keep in mind that NCAAB was the most liquid sport in terms of top-five sportbooks however, with not a single sportsbook making the top five both years. This may enable you to get the stale more favorable sports betting line at the time the reverse line movement hits at the triggering Sportsbook. It should be noted that many fewer MLB games have qualified so far this season (is the whole world using RLM now?), but smaller profits is still profit.Again, these records are for Money Lines only and do not include totals.Finally, NHL sports betting has picked up 148.49 units in two years, and unlike MLB, NHL had four sportsbooks out of the top five gain double-digit units this past season.

Article Directory: http://www.articledashboard.com. Furthermore, they list the RLM records for many individual sportsbook, making it easy to spot which books this system is working at and which books it may be best to ignore.

Thus, following reverse line movements is the same thing a following the smart money. Last year was a good RLM season for NFL sports betting (45-29, 60.8 percent, +11.91), but two sportsbooks that were in the top five in NFL RLM in both seasons.

prosportsonline.net

College Basketball sports betting was not too shabby either, with a two-year mark of 492-356-22, 58.0 percent, +91.96 units.

Now do the sharps win every single time? Absolutely not! However, they are right more often than they are wrong, so being on the same side as the sharps is a prudent strategy over the long run, and again, the best thing is that there in absolutely no conventional sports handicapping necessary..

Also, games where over 60 percent of the public are on one side, yet there is reverse line movement of at least 10 cents on the Money Line from the opening number at the top five sportsbooks in MLB and NHL sports betting has also been profitable. Quite a few RLM followers watch the moves until almost game time, and then bet accordingly. This is where an important word of caution is in order though. The huge problem with this is that the nfl line, ncaaf line or nhl line may have moved too much by that time, and all of the value has been sucked out of the unpopular side.

By: Manny G

The proper way to make a sports bet using reverse line movement is to place your bet as soon as there is an RLM of one full point (or 10 cents in MLB and NHL) off of the opening line. All of this will be fun to follow (not to mention profitable) when every sport except baseball are going on simultaneously during the winter months.

http://prosportsonline.net

So what we recommend is to only use the top five each season for each individual sport (in terms of units won). Keep a close eye on Canbet here, as that Australian sportsbook cracked the top five both years.

The highest two-year winning percentage using RLM from the top five books belongs to College Football, which went 480-341-10, 58.5 percent, +95.10 units. RLM takes place when more money/ sportsbook picks are bet by the small percentage of bettors that are on the unpopular side (the sharps) than is bet by the huge majority of players betting the popular side (the squares). We tracked the top five books for each of the pointspread sports for the last two years, as as you can see, this strategy has been profitable in every sport. This would make Miami +6 the RLM play.

So what causes RLM when the aim of most sportsbooks is to get as close to balanced action on both sides as possible? The answer to this is quite simple: the sharp bettors; the one’s who give sports betting advice. The records quoted below are based on the bets being made at the triggering books, so beating the move by a half-point or a few cents now and then would actually make your record even better.

NBA sports betting has the lowest two-year five-book RLM winning percentage among the 11/10 sports, but then again, every gambler in the world would kill to go 382-301-9, 55.9 percent, +48.90 units, and the 57.5 percent win rate this past season is nothing to sneeze at. However, instead of the line rising as you might expect, it instead drops to Chargers -6. Note that these records are for sides only and do not include totals.

The NFL sports betting is generally considered the toughest sport to beat, yet blindly following this method produced an exceptional 59.2 percent win rate last season, improving the two year record to 328-249-12, 56.8 percent, +59.06 units. To illustrate, let us say that San Diego Chargers open at -7 over the Miami Dolohins, and over 70 percent of the sports bets placed on the game are on San Diego

Betting on basketball akin to investing.

You can’t actually make bets – – they’re only for “entertainment purposes” – – but many of us were left scratching our heads about the favorites for the major awards.

Most of my friends and fellow gamblers that I talked to would stick to betting on games with the spread but I foolishly followed the venture capital style of investing in college basketball. OK, there certainly has been some point shaving in the past – – the City College of New York scandal of the 1950s comes to mind – – but that doesn’t even come close to the scam that was Enron.

I, however, was not so wise. Pepperdine, a 4-point underdog, played after these two games were finished. So I did not hedge. Some of the odds did seem pretty good. Kent State and Missouri both covered. Example. Pepperdine was competitive for the entire game but missed some crucial shots in the last few minutes (the bitter loser in me would say that they choked) and lost by eight.


LAS VEGAS (CNN/Money) – This will be blasphemy to hardcore followers of Wall Street, those who think of the market as a rational way to try and accumulate wealth. Fortunately, a $100 windfall at a blackjack table that day kept me even for the day. Huh? Ewan McGregor singing Elton John (quite badly I might add) is more worthy of the cinema’s highest honor than The Lord of the Rings, Gosford Park or In the Bedroom? Whatever.

Betting on basketball isn’t even as risky as you might think. It’s kind of like making a covered call on an option, selling the right to buy shares at a certain price while also having a long position on the stock.

Moulin Rouge was listed at 3-1 to win Best Picture: the second favorite behind A Beautiful Mind. Betting the money line means you think a team will win the game outright, regardless of the spread.. Kind of like the way VCs invest in many risky companies with the hopes of having one big initial public offering make up for all the flops, I made several “money line” bets on huge underdogs. But after spending most of Thursday watching college basketball at the Paris Casino’s sports book in Las Vegas, I can safely say that betting on the NCAA Tournament has a lot in common with investing in stocks.

Hoops junkies pore through the stats published in the USA Today college basketball special pullout section (an essential purchase for any NCAA fan) with the same amount of rigor that accountants use to audit financial statements.

Betting on sports is legal in Nevada and most of the casinos in Vegas have a section called the sports book where people place their bets and watch the games. But I, hate to admit, am a bit of a hypocrite in this regard.

When it comes to sports, the numbers for the most part don’t lie. Gandalf, baby!”

There’s also the emotion factor. Sounds exactly like the trading floor of the New York Stock Exchange.

It would have been nice to be able to make real bets on the Oscars though. Kansas (boy did Holy Cross give the Jayhawks a scare!) isn’t going to announce that the NCAA is investigating it for improperly recognizing hundreds of points scored in Big 12 games from 1999.

With that in mind, I have no idea what to do when my beloved alma mater Penn plays California on Friday. But another part of me is slightly worried. I was convinced that Pepperdine would cover. Speaking of auditing, the fact that stats in college basketball cannot be manipulated is actually a reason why betting on a college basketball game might be a wiser move than buying a stock. (The spread is the number of points that the favored team is expected to win by while parlays are wagers that allow you to bet on several games in order to increase your payout.) And just as a market neophyte would be confused by a streaming quote feed, the rows of neon numbers on a sports book’s massive board is certainly overwhelming for the uninitiated.

I reacted quite angrily any time one of the CBS announcers said a bad thing about a team I bet on. Hey, I actually thought the Waves would win the game outright (similar to how many investors were convinced back in early 2000 that tech stocks could only go higher and higher) and even have a chance of upsetting Oregon in the second round. It was totally irrational. There are even ways to hedge and minimize your losses if you really know what you’re doing. All three teams had to cover in order to win the bet, which paid off at odds of 6 to 1. What if I bet on Penn with the spread and they don’t win but lose by only three? Would it make me happy to profit from a Penn defeat? This is too disturbing a thought to consider any further.

My friend, being a prudent lawyer, decided to bet $22 dollars on Pepperdine’s opponent, Wake Forest. So it would essentially be a wash. I maintain that getting too emotional about a stock is not a good thing. Instead of P/E ratios and mutual funds, you have “point spreads” and “parlays”. A friend of mine and I placed the same $20 bet on a 3-team parlay: Kent State, Missouri and Pepperdine. A sports book during the height of March Madness is a wild, profane, testosterone-charged pit fueled by greed and fear. Just goes to show that you can’t discount the importance of luck any time you put your money to work.

In addition to the NCAA action, you can also get odds for the Oscars. If Wake Forest won by more than 4 points he would lose his parlay bet but win $20 on the Wake bet. If Pepperdine covered, we’d both win $120.

That’s what sleep deprivation does to you folks.

Why betting is better than investing

Like investing, gambling has a lingo that you need to learn in order to be successful. You don’t have to worry about whether or not Duke coach Mike Krzyzewski set up special purpose entities in order to keep some of star player Jason Williams’ turnovers off the stat sheet. Penn didn’t cover, losing by 7 after this story was published. “Best bet on the board?” observed my friend Jamey Tesler, “Ian McKellen for Best Supporting Actor at 6-1. I occasionally get angry emails from readers who disapprove of negative comments I make about stocks they own. (Go Quakers!) Part of me wants to bet big on Penn (they were four and a half point underdogs as I wrote this) so I can reap the financial rewards when they win. When the color commentator pointed out that Tulsa is a small team, I probably did not need to act as if he was insulting my mother.

(Disgruntled writer’s note: As it turned out, my fears were for naught. Grrr)

Savvy strategies

 Top of page

Odds for the Oscars

All in all, I made six bets on Thursday and won none, for a total loss of $100