Archive for the ‘Basketball’ Category

Despite the efforts of the US government to curtail gambling on the internet, millions of dollars are still being wagered each day on sporting events, poker and online casino’s. Estimates for the amount of money being wagered yearly on sporting events vary greatly but it is a common acceptance by all the estimators that it is in the Billions of dollars. Obviously the internet makes up a big part with its worldwide attraction and availability, but there are also the legal sports books in States like Nevada and some foreign countries that have legalized betting on sporting events.

What makes it difficult to get an accurate estimate is the number of “barber shop bookies” throughout the US and around the world. The illegal bookmakers it is estimated, makes up nearly 50% of all sport betting action annually. What draws the public to the “windows” to place wagers on sporting events….? Of course many are drawn by the thrill of having “something riding” on a game and almost always can watch the outcome on a TV broadcast.

Why do the Vegas Sports Books put a TV next to a game on their board? Because they know that more action will come in on a game that is being televised than ones that are not. This alone may answer the question of how many sport bettors actually end the season or the year with a profit? Playing games just because they are (Read full Article Here)

Diamond Club Members Realize Nice Profit For Month of June

June was a very good month for our members as they racked up 20.83 units of profit. We strive for 17.5 units each month so we exceeded our goal this month by 3.33 units.

• NBA was 3-1 for +1.90 Units….
• NHL was 1-0 for +1.00 units….
• Baseball was 71-54 for +17.93 units.

This gives us (Read full Article Here)

Foreign Countries Starting To Crack Down On Internet Gambling

Because we have many readers, subscribers and members that are located in many countries outside the U.S., I like to keep up with the happenings in the industry from around the world.

Online sports betting bust…….Israeli police launched a successful drive against an online gambling ring this week, reports the newspaper Haaretz, arresting 28 individuals following visits to 40 premises across the country. Full Story

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1400 Online Gambling sites blocked……..The Chinese government has continued its heightened assault on internet gambling (see previous InfoPowa reports) with the announcement that more websites have been blocked on government orders. Full Story

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“Why don’t the enforcers just establish a regulatory commission, tax the site proprietors and everyone will be happy. This ban hurts sport betting sites, handicapping services and the sport bettor”

Banks And Credit Card Companies Balk At Ban On Gaming Fund Transfers

Depository institutions around the country are expressing deep concerns about the potential consequences of the Unlawful Internet Gambling Enforcement Act (UIGEA), which took effect June 1.

The new law, which online gaming sites have been preparing for since (Read full Article Here)

Home teams do win more games than they lose, however, the lines will sway the earning potential when betting on these teams as more times than not they are installed as a favorite and lines can be prohibitive…but are many times a good bet when on the road.

Here are a few teams you may want to (Read full Article Here)

When playing a future play of any kind, I always look for teams that have odds that will allow a “hedge bet” after the first round. I like to look for teams with double digit odds that have a realistic, although outside chance of getting to the final 8 or final 4. Even though you may not collect the win part of the future, you can still make money by hedging along the way…

For example: if you play a team with say 20/1 odds and they get past the first round and are now favored in the second round, you can always take the opponent at plus points and have a chance of staying alive with your future play and collecting your bet with the pointspread. With a 20/1 to you have flexibility with hedging. If you put say $100.00 on a 20/1, your payoff is $2000.00 if they win it all, however, you can hedge the second round at say $500.00 and if they lose you win your $500.00 bet thus giving you a $400.00 profit on your future bet….If they win you still are alive for the $2000.00 payoff and can now look agains to hedge in the next round and still make profit.

I like to pick my best 4 teams to play on the futures….here are my picks for this year….I will usually take the one team I figure to win it all plus my longshots with the good odds.

Duke 7/1…..BYU 100/1…..Georgetown 20/1….W. Virginia 10/1….(all odds taken from the Bodog Sports Book

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Handicapping the college basketball post season takes on a few different approaches from just picking the winners in the regular season…

The conference tournaments are usually all played at one venue and so one team will have the advantage of the home court, otherwise all games must be considered the same as road games. The conference tourny’s will sometimes be the deciding factor for teams getting into the big dance. Although many conferences have automatic bids that go to the winner of the tourny, some will still be vying for an “at-large” bid or a higher seeding, so it is important to take these situations into consideration when handicapping…

(Read full Article Here)