Archive for the ‘General Gambling’ 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)

If you’re a regular football bettor, I am sure you have experienced the frustration of watching what you thought to be a winning ticket go into the trash because of a one or two point loss to the spread. Getting the edge on the bookmaker and racking up the win many times can mean finding that 1 or 2 point advantage. Astute handicappers and sport bettors are constantly “shopping the line” on a game they have an interest in betting, looking for that ½ point that could swing a loser into a winner. One way to find that “edge” is knowing what the “real” home field advantage is for a given game matchup. Bookmakers will arbitrarily assign a 3 point line advantage to the home team in the NFL and 4 points to the home team in (Read full Article Here)

Baseball is not generally thought of as an offensive or defensive game, at least the terms are not commonly used. Pitching and hitting are the more common terms when relating to offense or defense in baseball. The defense in baseball is made up of the starting pitching, the bullpen, the unearned runs allowed and the overall fielding prowess of the nine men on the field. There are dozens of stats that are present in handicapping baseball, but the bottom line is that only one stat is the determining factor which decides whether you cash your ticket or deposit it in a trash can…That is “runs scored”..! Batting Avg, on base percentage, steals, etc all add up to the final stat which is scoring runs..However, the team with the highest batting avg or men on base percentage is not going to cash your ticket unless they put runs on the board. There is little doubt that (Read full Article Here)

By Mike
On 22 Aug 2010

NFL betting lines handicappers will get a good look at what is being touted as a much improved passing attack for the San Francisco 49ers on Sunday Night.

The 49ers will host the Minnesota Vikings in a preseason matchup that could very well be a playoff preview. The game can be (read the rest of this article)

Here is some information on how we post and bet football…

First you want to check throughout the week starting on Monday morning for what we call “early beat the line move” plays…These lines are recorded and are used for our record keeping purposes, so if a line moves during the week we will record the result based on the line we post as an “early beat the line move” play.

All other results are recorded based on (Read full Article Here)

28 July 2010

By Vin Narayanan
In a 41-22-1 vote, the House Financial Services Committee approved a bill Wednesday that would license and regulate online gambling in the United States.

The decisive vote is a sign of a how far the Democratic Congress has come since Committee Chairman Barney Frank (D-Mass.) attempted to halt the implementation of the Unlawful Internet Gambling Enforcement Act in 2008. Frank's first attempt to halt UIGEA implementation failed to get out of Committee on a 32-32 vote. A second bill which would have allowed UIGEA regulations for sports betting only passed Committee on a 30-19 to vote, but was never voted on by the full House of Representatives.

This year, Frank's Internet Gambling Regulation, Consumer Protection, and Enforcement Act (HR 2267) drew substantial bipartisan (get the rest of this article here)