Apr 20

It really is possible to get an edge at casino games.

Play Smart: It Really is Possible to Get an Edge at Casino Games

How many times have you heard that casino’s are in it to win it? That there’s no practical way to turn the tides in your favor? Or that you must have at least a little luck to walk away a winner? This is said so often because, for the majority of gamblers, it’s true. That’s only because the majority of gamblers are playing the wrong casino games.

Walk onto the gaming floor, and you’re immediately bombarded by the reverberating sounds and flashing lights of reel slots and video slots. Isle after aisle, they line the walls and gaudy carpets as far as the eye can see. The casinos would love for you to stop here – as so many players do – and start dropping your money into these machines. Those who aren’t fooled by these may still find themselves attracted to video poker, baccarat, roulette, the craps table, pai gow poker or the big money wheel.

There are so many games just waiting to take your money. And the casinos know they’re going to win, because these games cannot be beaten. A few players may get lucky and beat them, but many more players will lose, earning the casino its dues. That is, unless you know which games to play, and how to exact the ever-illusive player’s advantage at the casino.

Three Ways to Get an Edge at Casino Games

There are exactly three ways to gamble your money, and slide the advantage into your favor while doing it. Only one is found directly on the casino floor, and you can probably guess which one it is. I’m talking, of course, about blackjack.

The other two you’ll have to do a little extra walking to get too; one being the poker room, and the other the sportsbook. Unfortunately, for Canadians like myself, sportsbooks aren’t legal. You will either need to visit a foreign casino or take your wagering to international gambling websites to gain an edge with sports betting.

Blackjack Player’s Edge

The criteria for surpassing a 100% RTP in blackjack sounds simple enough. It only takes two things – a basic strategy and a good card counting technique. The strategy part is easy. You can print out a situational decision-making chart for the game and keep practicing until you get it down. Counting cards will be a bit tougher.

Being able to keep up with the count is only the beginning. You must be a able to do it flawlessly, size your bets appropriately, and be so perfectly nonchalant about it that the dealer, pit bosses and security surveillance team don’t suspect you’re doing it. Most casinos will kick you out for it, not because it’s illegal, but because they have ‘the right to refuse service to anyone‘.

Profitable Poker Pros

Casinos love to host poker games, because it doesn’t matter who wins or loses. The casino wins a small percentage of each pot (i.e. poker rake) regardless of the action on the table. Poker pits player versus player, and therefore the player who is most skilled is going to win more often. Like house edge casino games, luck can swing one players way over another regardless of skill, but in the long term, skill will prevail in any legitimate poker game.

Being the bet poker player at the table is no easy task, though, especially since the big live/online poker boom of 2003 (aka the Chris Moneymaker Effect). Its takes a special set of skills to truly excel in poker, calculating math quickly in your head, making smart value bets and accurately observing poker tells.

Sports Betting Advantage

If you’re a terrible actor and supreme mathematics isn’t your thing, how about trying your hand at sports betting? Pick a sport you follow, or want to follow, and learn everything you can about it. Get to know the athletes and/or teams. Understand outside influences that might impact a game, like weather, turf conditions, injuries or suspensions.

Having a good head for the games is just one aspect of being a good sports bettor. You have to understand the odds and different types of bets, like straight-up wagers, points spreads and over/unders, and live betting features. The more you know, the more you can slide the scales of profitability into your favor.

The average gambler relies on luck. The smart gambler doesn’t need luck. Choosing the right games and playing them with ultimate skill will produce a positive expectation for long-term profitable results.

written by Grameister777 \\ tags: , , , , , , , , , , , ,

Jul 17

The Market Marauders Approach to Gambling: Online casino games, sports books, or poker? Pick your digital poison.

Online Casino games, sports books or poker? Pick your digital poison.This may be the digital age—an age where the upcoming generation knows nothing of touch-tone phones, hard-cover dictionaries, or mechanized musical apparatus—but gambling existed long before the internet, or anything close to touch-screen technology. And yet, the forms of gambling enjoyed today are the same types our long-lost ancestors enjoyed centuries ago. We just enjoy them a bit differently, and with much greater ease of access. 

Online gambling opened a vast door of opportunities. The three most popular types of online gambling align closely with the most famous gambling amusements of old. Wagering on sporting events, or any competition of athletic prowess, was the first among them. Card games, much like the poker games played today, came after. Then, just a few short centuries ago, gambling was commercialized by way of casinos, with game variety evolving and expanding throughout the decades. 

Online Casino Games, Sports Books or Poker? Pick your Digital Poison

The internet made access to these games so invariably convenient. As a result, the number of casual gamblers has exploded. For so many, the idea of whether to place a wager is no longer the question, but rather on what to place a wager? 

Online Casino Games 

Casino games are perfect for those who have no exceptional passion, particularly for sports or mentally-extraneous poker games. The variety of gaming options is immense. They range from the easiest of games, like slot machines, to more complex titles with a multitude of betting options, such as craps and roulette. Card gaming enthusiasts will find no shortage of table games; things like blackjack, baccarat, pai gow poker, Caribbean stud, let ‘em ride, red dog, war, ultimate Texas holdem, the list goes on and on. And that doesn’t even include the array of single-player video poker variants on the market. 

If having a wide selection of entertainment suits your fancy, online casino games are a perfect choice. And another fascinating corollary of the internet is access limitless to tips, tricks and strategies to increase your odds of actually winning these games. You won’t sway the edge into your favor, but there’s nothing wrong with raising the odds. 

Online Sports Books 

The oldest gambling form in history, betting on sports contests has always been popular. It’s no surprise that more and more people are using their computers and smartphones to place bets than ever before. Where betting on the locally televised events was once fancied, the internet gave us access to wagers on every possible contest played around the globe. 

If you enjoy athletics in general, whether it be a particular sport or league, or anything worthy of ESPN coverage, sports books present the perfect opportunity to increase the action. If you happen to closely follow the sports and leagues you wager on, you’re already a step ahead of the game in making the best statistical picks. 

Online Poker Rooms

Unlike online casino games and sports betting, the popularity of poker is clearly a product of the world wide web. Before the internet came along, the World Series of Poker—the most prestigious poker event in the world—never once saw 400 players in the field. 

Then in 2000, when online poker was in its absolute infancy, interest began to rise, if ever so slightly, attracting a record field of 512. The next year, 613. And in 2003, when the first WSOP satellites were offered online, the crowd rose to 839. That was the same year Chris Moneymaker took a satellite entry all the way to the WSOP Championship bank for $2.5 million. His success encouraged a much larger field of over 2,500 players the following year. Since 2006, entries have fluctuated anywhere from 6,300, up to the current record of 8,773. 

But alas, poker is not a game for the faint of heart. One must master the skill of mathematics, or psychological warfare, to have any hope of survival. Those who master both… they are the freakishly successful pros we love (fear) and admire today. 

Of course, the choice is yours to make. Online casinos, sports books or poker? Only you can decide which is right for you. The best advice I can offer is to choose your gambling sites wisely, know the games you play, start small, and always be mindful of your budget. 

written by Grameister777 \\ tags: , , , , , , , , , , , , , , , ,

Jul 14

Complex Sports Parlays: Understanding If Bets and Reverse Bets

Complex sports parlays, How If Bets and Revers Bets workSome sports betting options are simple. Straight up bets are the easiest. “I bet $5 this team will beat that team.” Couldn’t be easier, right? Then there are some more complicated types of wagers that serious punters thrive on. If Bets and Reverse Bets are certainly among them.

In general, parlays aren’t the types of wagers I’m attracted to. The more contests you pick, the longer the odds become of winning. Of course, the payout gets higher too, which is one reason some people like them. But if bets and reverse bets are a bit different. They allow parlay punters to hedge their bets, in a manner, making them less risky.

Understanding If Bets and Reverse Bets

As I said, these can seem like pretty complex sports parlays. But once you understand the concept, they aren’t so difficult at all. If you’re like most sports betting enthusiasts, you’ll either love them or hate them.

Because these are essentially parlays with extenuating circumstances that govern their profitability, you need to be familiar with basic parlay bets first. You can learn more about how to bet on parlays here:

How to Bet on Futures, Parlays & Teasers

How If Bets Work

An If Bet could be called a protected parlay. Or, you could call it a straight up bet on one team, which rolls over to the next team if it wins, and the next again if that one wins, etc. Most online sportsbooks allow punters to select between 2 and 6 picks.

In order to collect any pay out, you just need the first selection to be correct. If that selection wins, you get the payout, and the original stake rolls over to the next pick. If the second selection is also correct, your profit increases, and again, the parlay continues. The bet remains active until one of your picks loses, or until all bets come in correct. If, however, the first selection loses, it’s all over—the wager is lost.

For example, let’s say you place a $100 if bet on three hockey games. You choose the Maple Leaves, Canucks and Penguins to win, in that order. We’ll assume each pays even money, to make things simple, but of course, that won’t always be the case (see Understanding Sports Odds for more information).

Here are the possible scenarios…

  • The Maple Leaves lose. Your wager is lost and the bet is over. Or…

  • The Maple Leaves win. You receive $100—an equal amount to your stake—and the bet continues. Then…

    • The Canucks lose. Your initial $100 stake is lost, but you keep the first $100 payout. You’ve broken even, and the bet is over. Or…

    • The Canucks win. You receive another $100 payout, and the initial stake is placed on the next game. The parlay continues. Then…

      • The Penguins lose. Your initial $100 stake is lost, but you keep the $200 payout for the first two games. You’re up $100, and the bet is over. Or…

      • The Penguins win. You receive another $100 payout, plus your original stake back, and the bet is complete. Your profit is $300.

How Reverse Bets Work

A Reverse Bet is simply a compilation of If Bets that set the picks in all possible orders. Using the same example as above, a $100 reverse bet on these three teams would look like this:

Maple Leaves – Canucks – Penguins

Maple Leaves – Penguins – Canucks

Canucks – Maple Leaves – Penguins

Canucks – Penguins – Maple Leaves

Penguins – Maple Leaves – Cancuks

Penguins – Canucks – Maple Leaves

In this way, if just one of your selections is correct, you’re guaranteed to receive at least $200. If two teams win, your receive $600. And if all three teams win, you get $1,800, plus your initial stake back.

However—and this is a BIG however—your initial stake is multiplied by the number of bets being placed. In this case, there are six total bets, for a total stake of $600 ($100 each).

This means that, at even-money odds, two of your selections must be correct just to break even. A profit is only made if all three are correct. If one is correct, you lose $400; if none correct, you lose $600.

To have a decent chance of being profitable, reverse bets are generally made on underdog teams with long odds and high payouts for a win. If the odds are long enough, you can actually make a profit on just one team’s unlikely success.

written by Grameister777 \\ tags: , , , , ,

Jul 12

Advanced Sports Betting Tactics: Futures, Parlays, Teasers & Pleasers

We’ve been covering a lot of progressive sports gambling topics lately, and today is no different. In this latest segment, we’ll be discussing a range of advanced sports bets, how to place them, and what it takes to win.

Advanced Sports Betting Tactics - How to Bet on Futures, Parlays, Teasers and Pleasers

Note that these are more advanced wagering options. You must learn to crawl before you can walk. If you are not yet familiar with sports betting, reading odds, and placing basic wagers, we suggest to visit some of the previous articles in our comprehensive sports betting tutorial.

Advanced Sports Betting Tactics

In or first segment on advanced sports gambling, you’ll learn how to bet on futures, parlays, and American favorites, teasers and pleasers. The first two are much more common—if not too common, in the case of parlays—here in Canada.

How to Bet on Futures

Futures (aka Outrights) are extended wagers with long odds and substantial payouts, if you manage to make the right pick. The idea is to predict the eventual winner of a division, league, tournament, bowl, or other multi-team competition.

Some examples include the FIFA World Cup, NBA Championship, NCAA Tournament, NFL Super Bowl, Stanley Cup, WSOP Main Event, Wimbledon, etc.

More specifically, at the start of the NFL season, you could pick an American football team to with the Super Bowl. At this point, the odds are often anywhere from -500 to -50000.

How to Bet on Parlays

In Canada, parlays—or as we know them, Pro-Lines or Sports Select lotteries—are the only legal sports betting option (unless you conduct your wagering at internationally regulated online sportsbooks). A parlay is a bet on a series of outcomes. You must correctly pick the winners of at least two contests in order to win the bet. The odds increase proportionately with the number of contests selected.

For example, you could bet on the Toronto Maple Leaves, Boston Bruins and Vancouver Canucks to all win their 2018-19 NHL season openers in October. The typical payout for a 3-team parlay is 6.5 to 1 (or $650 for a $100 wager). But if just one team loses, the entire bet is lost.

There are ways to protect your parlay wagers, though. Learn more about Complex Sports Parlays: If Bets and Reverse Bets.

How to Bet on Teasers and Pleasers

Teasers and pleasers are very popular in the United States, but not too much elsewhere. Still, their an interesting option for serious punters seeking advanced sports betting knowledge. Both are akin to parlays, except that they must be placed on points spreads or totals. The difference between the two is the way the spread/total can be moved.

With teasers, the bettor is allowed to move the spread or total in their favor, thereby increasing the odds of winning, but decreasing the potential payout.

Pleasers are opposite, wherein the spread or total is moved further from the bettors favor. The odds of winning the bet decline, but the payout for correct selections rises substantially.

Teaser Example: Let’s say the point spread for three basketball games is as follows:

Raptors +3
Lakers -6
Rockets +5

You choose a teaser on these three games with a +4 spread. This moves the point +4 in your favor on all three games, like so:

Raptors +7
Lakers -2
Rockets +9

If the Raptors win, or lose by less than 7 – and the Lakers win by 3 or more – and the Rockets win, or lose by less than 9 – you win your bet. If any of these things don’t happen, you lose.

Pleaser Example: Using the same match-ups and spreads above, you might select a pleaser with a -2 spread, moving the spread further from your favor. This time, the bet is:

Raptors +1
Lakers -8
Rockets +3

Now, the Raptors must win or tie – and the Lakers win by 9 more – and the Rockets win, or lose by less than 2. If so, you win a hefty profit. If not, all is lost.

written by Grameister777 \\ tags: , , , , , , ,

Jul 09

Guide to Easy Alternative Sport Bets: Spreads, Totals and Prop Bets

Guide to Easy Alternative Sports Bets – Spreads, Totals and Prop BetsSports betting is one of the most common gambling mechanisms in the world. Whether it’s a friendly bet between friends, an online wager with your favorite sportsbook, or laying odds at the local casino—putting action on an upcoming sporting event certainly increases the entertainment level of watching the game.

Previously, in our introduction to sports betting for beginners, we covered the most basic wager of all—the straight up bet. This is a simple wager for one athlete or team to win over the other. Today, we’ll get a little more involved, covering a few intermediate types of sports wagers.

Easy Alternative Sports Bets

There are nearly as many ways to bet on sports as there are types of sports to bet on. That’s a high number, let me tell you. We won’t get into the more complex wagering methods just yet, though. Some easy alternatives to the straight-up betting include point spreads, totals (a.k.a. over/unders), and prop bets.

Betting on Point Spreads

Point spread betting is extremely easy, once you become familiar with the semantics. It’s all about calculating the probable difference between how much one team scores, versus their opponents score. Point spreads are very similar to straight up bets, except that instead of picking one team to win, you’re picking a range of how many points a team will win or lose by.

The bookmaker will set the spread, and the payout is always even money. For example, let’s say the Toronto Raptors are playing the Boston Celtics. The spread might look like this:

Toronto Raptors -8

Boston Celtics +8

This means the bookmaker believes the Toronto Raptors will win by 8 points. Therefore they’ve deducted 8 points from their total score. The Celtics are the underdog, and have been given +8 points.

If you choose to bet on the Raptors, they must win by more than 8 points in order for your wager to pay out. If the Raptors lose, or win by 7 points or less, the bet is lost.

If you pick the Celtics, they must either win, or lose by less than 8 points in order for you to win the bet. If the Raptors lose by 8 or more points, you lose the bet.

Should the game end directly on the points spread—meaning the Raptors win by exactly 8 points—it’s a tie. All player bets are lost; the bookmaker wins everything.

Betting on Totals (Over/Unders)

Totals, or Over/Unders as some call them, are similar to point spreads. However, you’re not betting on a team to win/lose by a certain range of points. Instead, you’re betting that the total score between both contenders will be higher or lower—over or under—the total score estimated by the bookmaker.

Let’s say the projected total score for a football game is 42.

If you bet Over, you’re betting that the two teams combined will score a total of 43 or more points. If so, you win. But if the score is 42 or below, you lose.

If you bet Under, you’re wagering that the total score will be 41 or less. If so, you win. But if the score is 42+, you lose.

Again, if the score is exactly 42, the bookmaker claims all bets.

Prop Bets and Specials

Prop bets, short for proposition bets (a.k.a. Specials), are very different from straight up bets. It has nothing to do with winners and losers, or who scores the most. These are extremely easy sports bets on whether some particular event will occur during the game.

Some examples of common prop bets in football include:

  • Which team will win coin toss
  • First team to score
  • First player to score
  • First score will be a touchdown
  • First score will be a field goal
  • Team who scores first will win
  • [Player Name] will score a touchdown
  • Special teams will score touchdown
  • [Player Name] will fumble

These and other prop bets can be applied to all types of sports, in many different ways. The payouts will be determined by the bookmaker, based on the likelihood of the event occurring.

Once you’re familiar with some of these easier alternative sports bets, why not explore some of the more complex wagering options? See our follow-up tutorial, Advanced Sports Betting Tactics, dealing with futures, parlays, teasers and pleasers. You can also learn about special types of parlay wagers in our segment on Understanding If Bets and Reverse Bets.

written by Grameister777 \\ tags: , , , , , , ,

Jul 07

How to read sports betting odds in North America and beyond.

How to Read Sports Betting OddsToday, we continue our sports betting tutorial with a detailed, yet easy to understand guide to reading odds; a.k.a. lines, or moneylines. The lines vary by different regions of the world, segmented into American (US), British (UK) and European (EU).

American odds use positive and negative integers to depict moneylines. In the UK, fractional odds are the most common, where as European odds come in decimal format. Understanding sports odds is imperative to placing wagers at international online sportsbooks, as each website operator tends to utilize the its own region’s odds.

Further Reading: How to Bet on Sports Online; Straight Up Bets

How to Read Sports Betting Odds

Reading sports lines can be confusing, especially for Canadians who must utilize foreign odds when betting online. The following are the three types of sports odds you’ll come across, and how to read them.

American US Odds (- / +)

In the US, odds (aka Moneylines) are depicted with a – or + symbol. A – moneyline is a bet on the favorite to win, and the number that follows it depicts how much you need to wager to win $100. A + moneyline is a bet on the underdog, and depicts how much you’ll win if you bet $100. Here are some examples:

If the odds are -140, a bet of $140 will win $100. You’ll also receive your wager back, for a total payout of $240.

If the odds are +140, you will win $140 on a $100 wager. Again, your original bet is returned for a total payout is $240.

British UK Odds (Fractional)

In the UK, odds are written as fractions. The first number, behind the slash, shows the multiple of what you’ll win, compared to the second number, which depicts the bet size. Think of it as Payout/Bet. For example:

If the odds are 5/1, it’s an underdog bet that will pay 5-to-1, or $500 for a $100 bet. The total payout is $600, including the return of the original wager.

Odds of 1/5 would be a bet on a heavy favorite, paying 1-to-5, or $100 for a $500 bet. Again, total payout is $600 including original wager.

Harder to read odds might look like this; 9/11. In this case, the bet pays $9 for every $11 wagered. A $100 bet would pay $81.82. You can calculate this with the following formula:


European EU Odds (Decimal)

Everywhere else in Europe—and the most common in Canada—odds are displayed in decimal format. They depict a multiple of the exact amount you’ll get paid back, including your original wager. That’s the most important thing to remember, so I’ll repeat it. The return of your bet (for a win) is already included in the total! For example:

Odds of 2.00 will pay $100 for a $100 wager, with a total payout of $200 (including original wager). Thus multiplying your bet by 2.00 (the odds) gives you the total payout.

If the odds are 1.50, a bet of $100 will payout $50, plus your $100 back, for a total of $150 (1.5 x 100).

Why Understanding Sports Odds Matters

Obviously, knowing how much you stand to win for a particular bet is important. But there’s more to reading sports betting odds than sizing potential profits. When utilizing online sports betting sites, you have an opportunity to compare the odds and take the best ones.

As an informed punter, you should always know which pays better. For example, look at these odds:

US +250
UK 3/1
EU 3.75

Which is better? If those odds are being offered by three different websites, and you take the wrong one, you could be losing out on big money. The US +250 pays $250 for a $100 bet (total return $350). The UK 3/1 pays $300 for a $100 bet (total return $400). And the EU 3.75 pays $275 for a $100 bet (total return $375). Clearly, the UK 3/1 is the better way to go.

Next up in our guide to online sports betting, we’ll talk about different types of wagers that are easy for beginners to grasp. See our Guide to Easy Alternative Sport Bets, which covers points spreads, totals and over/unders. From there, our Advanced Sports Betting Tactics detail futures, parlays, teasers and pleasers.

written by Grameister777 \\ tags: , , , , , , ,

Jul 05

Online Sports Betting 101: Straight Up Bets for New Punters

Online Sports Betting Guide: How to Bet on Sports OnlineSports betting is a popular pastime enjoyed by millions of people all over the world. Each year, billions of dollars (euros, francs, pounds, etc.) are wagered on all types of sporting events. It is, by far, one of the most lucrative gambling industries on the planet.

There are two primary reasons why people bet on sports. And no, ‘to make a profit‘ isn’t among them. First of all, sports are extremely popular. Whether it’s football or tennis, baseball or cricket, boxing or curling; almost everyone has at least one sport they follow, or at least enjoy watching. Wagering on these games adds an element of excitement to traditional viewership. Watching your favorite NHL team beat their nemesis is great. Putting a little action on it? All the better!

Secondly, sports betting is among the easiest methods of gambling to understand. A single-event bet is very straight forward. You don’t need an excessive amount of knowledge to place a wager. All you need is a means of wagering and some cash to bet with. And in today’s modern age of technology, utilizing an online sportsbook is the easiest way to do it.

What is Online Sports Betting?

In the physical world, there are several ways to place a bet. You can visit a casino that hosts a sportsbook, or place a wager with your local bookie. Note that local bookies are generally illegal, thus not recommended. Unfortunately, if you live in Canada like myself, legal sports bets are limited to parlays (one bet on multiple picks), which drives far too many punters into underground betting shops.

In the online realm, however, sports betting is not only more convenient, it offers Canadians a legal way to place any type of bet they wish; including those newbie-preferred straight up bets. You can login to any reputable online sportsbook, anytime, from your desktop or mobile device, and place wagers on virtually any sporting event in the world, in just a few moments.

Straight Up Bets

A sports bet is a wager that one athlete or team of athletes will outperform another. Straight up bets are wagers that the athlete/team will win the contest outright. There are many other types of bets that can be placed, but as a new punter, straight up bets are the easiest way to get started.

Wagering on games with the best odds of winning is the key to success. But before you can get that far, you need to understand how it works, and why straight up bets are the best option for new punters.

Straight up betting will let you wager on the Toronto Maple Leafs to beat the Edmonton Oilers, or Manchester United to defeat Barcelona. They are extremely easy, and come with no extenuating conditions. Pick right and you win. Pick wrong and you lose. It’s that simple.

The key to making a profit is knowing the athletes or teams you’re betting on, and getting the best odds. Which brings us to our next segment, where you’ll learn more about understanding all types of betting odds; US, UK and EU. For this, please continue on to part two of our sports betting tutorial: Understanding Sports Betting Odds

written by Grameister777 \\ tags: , , , , , , ,

Aug 26

Mayweather vs McGregor could deliver worst knockout blow to bookmakers in sports betting history.

Ask anyone what’s going to happen tonight, and most will tell you Floyd Mayweather is going to destroy the younger, far-less experienced Conor McGregor. Others say the 29 year old Irish youngblood is primed to decimate Pretty Boy’s good looks with a devastating knock-out blow.

Mayweather vs McGregor could make sports betting history

The bookies in Las Vegas and cyber-la-la-land are of the former opinion. They’ve set the stakes high for a Mayweather win, with odds fluctuating around -500 and -600 for the last few days. In the meantime, cheap, high-yielding bets on McGregor are getting more attention than bookmakers would like.

If the latter turns out to be reality, and Conor McGregor somehow sends Mayweather to the mat for a 10-count (because the odds of an outright 12-round, judge-rule victory are ridiculously mycoplasmic), sports betting history will be made this Saturday night. It’s not just the volume of bets coming in, either, but the sheer size of them, some exceeding the million mark.

According to USAToday, MGM took in a $1M bet on Floyd at -550, worth $180k for a win. A bettor at William Hill Nevada dropped $1.2M on the Pretty Boy at -500; a $240k payout for the likely win. Other reports of multiple $300k wagers are coming in.

These huge bets are driving Mayweather’s odds ever farther into the minus, up to -600 at many bookmakers. But at the same time, it’s driving the profitability of a McGregor victory to phenomenal heights. And that’s got a lot of punters taking the low-risk, high-yield option.

At this point, if McGregor pulls out a miracle, the amount of money bookies will have to shell out is expected to far surpass any single-event loss in sports betting history. It’s not that millions are being dropped on McGregor, but rather, as Will Hill bookie Nick Bogdanovich told CNBC, the frequency of smaller bets on the Irishman adding up.

“This isn’t professional money, just the regular Joe,” said Bogdanovich. “The butcher and the barber are putting their $100 on McGregor and it’s added up.”

He said bookmakers could be pounded with multi-million dollar losses, the worst in sports betting history on a single event, if McGregor wins in any capacity. Should he fulfill his promise of an early KO, the losses for Vegas would be far worse.

Asked how he’s holding up under the pressure, Bogdanovich said, “I’m OK now, but you might want to have a heart monitor on me when the bell rings and Conor starts throwing wild lefts!”

Bookies are adjusting their odds in the other direction now, but they say it’s not helping to hedge their bets. Mayweather opened with an average 11-1 favor, as has since dropped to 5-1 or less at many sportsbooks. Still, bettors are dropping C-notes on McGregor left and right, hoping for a huge payoff.

At +450, a $100 bet on McGregor would be worth $450. As one bettor reportedly did at South Point this week, dropping $50,000 on the Irish MMA expert—who, might I add, has never fought a genuine boxing match in his life—will pay out $225,000 for a win.

Despite bracing for potential record losses, Bogdanovich said Las Vegas will survive, and survive well, if the unthinkable happens following tonight’s bell. Reminding bettors that they can win, and win big, will keep them returning to the sportsbooks in the future.

“We don’t mind a large decision on a big spectacle like this,” said the WH bookie. “It gets people in our books.”

written by Grameister777 \\ tags: , ,

Jan 06

Sports Betting: Popularity of Horse Racing in Canada

Blog, Canada, Event Gambling, Sports Betting, Sports Betting, Strategies Comments Off on Sports Betting: Popularity of Horse Racing in Canada

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For centuries – ever since man discovered it was possible to train these wild beasts – horse racing has been a favorite pastime worldwide. It’s not just fun for breeders and jockeys, but especially for live and online sports betting enthusiasts, who enjoy the expectant thrill of making some quick cash.

Online Sports Betting on Horse Racing

Horse racing isn’t just a big deal in Canada. It’s become an extremely popular form of sports betting all across the globe. According to statistics, it’s most prominent in the countries of Australia, Canada, China, France, Italy, Japan, Malaysia, South Korea, the United Kingdom and the United States.

What is it that makes horse racing so incredibly popular throughout much of the modern world? There’s no single answer to that question. In fact, there are at least three very good reasons for it.

Speed, Speed and More Speed

Guys love speed. I’m sure a lot of ladies do, too, but anything that moves fast tends to draw the attention from the male population. Cars, planes, trains, horses – we guys loved to play with these things growing up. It only makes sense that we continue to be attracted to fast moving objects as we get older.

But it’s not just the speed of the horses themselves that gamblers enjoy. It’s the speed at which the races take place.

Sports betting on things like football, baseball, or basketball; it takes hours for the matches to conclude. A horse race generally lasts anywhere from 40 to 300 seconds. It’s a lot more exhilarating than spinning the slots reels or a roulette wheel, but doesn’t last so long that we become immune to the thrill.

Odds Increased in Strategic Sports Betting

If you’re betting for fun and the money doesn’t really matter, pick a pony and let it ride. If you’re really out to win, though, horse racing gives us the opportunity to increase our odds by doing a little research.

The breeding background and past performances of racing horses are very well documented. One can go online and find a wealth of information on all the ponies for a particular race, just as easily as they can log onto an online sports betting site to place their wagers.

Strategic betting is much easier in horse racing than it is in most other sports, where a game’s initial probabilities can easily be effected by things like injuries and turnovers.

More Bettors Means More Money

Because of the pari-mutuel engine, the more popular horse racing becomes, the more money bettors stand to win by wagering on it. Betting on a horse race isn’t like betting other sports. You’re not taking specific odds on a team or contestant. The amount you win depends entirely on how much money was wagered on the race overall, and how many people placed winning bets.

Thus, when a great deal of people bet on a race, the prize pool grows to enormous heights, ensuring a bigger payout to those who pick the right ponies. For this reason, its a good idea to place your wagers at the track, or at a popular online sports betting site where lots of wagers are going to come in.

written by Grameister777 \\ tags: , , ,

Mar 28

Sports Betting Strategies for Winning

Sports Betting, Strategies Comments Off on Sports Betting Strategies for Winning

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All of the writers on Real Money Gambling have been betting on sporting fixtures for many years now, covering sports from football and hockey to soccer, golf and much more. Most of us score regular profits and although losses are always assured, we like to think we know a few things and that we gamble better than most. The trick to gambling is to lower your risk, and to use knowledge, research and statistics against the bookies as much as possible.

This article contains three ways that you can get one over on the sports betting sites on a regular basis. We’re not promising easy wins and we’re not giving you the ability to print money, but if you follow the advice listed here then you can turn a profit by betting on sports.


One of the best ways to get full value for your money is through accumulators. Think of it this way: an 8 fold accumulator for a $1 bet will give you odds of around 100/1, or a return of $100 for your money, assuming the odds of the individual games return averages of around 1/1, 2.00 or Evens, depending on which odds you use.

For a sports fan betting on their favorite sport, typically one they have allowed all of their lives, if they put an 8 fold accumulator on every weekend for just $1 a time, then by the time they have spent $100, they will have won between 1 and 10 accumulators. If you have followed any sport for a significant length of time, then you’re sure to be confident that with 100 attempts at an 8 fold accumulator, you’ll hit at least one of them.

This is a strategy we follow ourselves, and we’re all hardcore gamblers of different sports. One of the Real Money Gambling team is a huge soccer fan, following European leagues, and so far he has hit half a dozen 6 fold and more accumulators in the last 6 months, giving him a huge return for his money. The only difficultly with this strategy is to avoid placing big money single bets, as those are the ones that can hurt you. People tend to bet around a tenth on an accumulator what they would typically bet on a single bet, often even less. So while it takes them 10 weeks of poor form to lose $10 at $1 a time, they could end up losing $50 in one weekend with single bets, just because two or three games didn’t go their way.

One of the pitfalls is when you watch an early accumulator bet lose and you therefore know that your bets are already gone. If that’s the case, and if you want to bet on the games to get enjoyment out of them, simply put your money on a long shot, as discussed below.

Long Shot Bets

As with accumulators, this is all about betting small and using your knowledge, whilst making sure the odds of probability on your side. Taking our resident soccer expert into account, he likes to place single bets that concern the goalscorer and the final scorer. If Manchester United are playing playing Liverpool in the English Premier league, for example, then you might put your money on Rooney to score first and Manchester United to win 3-0. You would be insane if you did place that bet, but for a small bet of $1, you could probably get a return in excess of $70 if that bet came in.

Some sites will also let you place accumulators on single games, but many will not. This means that, taking the above fixture as an example, you could put your money on a Manchester United win, more than 10 corners, more than 5 cards and more then 3 goals. As long as the bets don’t cross over (that is to say, you can’t bet on the Manchester United Win market, and then bet on the Double Chance market for the same) then you’re good to go. As we said though, many bookies do not do this and we have only encountered two that do, both of which are amongst the biggest names in online gambling.

The one thing that both of these betting methods require, as you have probably guessed, is knowledge, and that leads us to our third tip.

Know it All

The people who win big do not do so through luck alone. When it comes to accumulators anyone can randomly select Win/Draw/Lose on all fixtures, poking them like a bingo card, but those who know the games and the teams stand a much better chance. That doesn’t mean that experience will get you through though, because you need up-to-the minute knowledge, you need to think like a manager studying the opposing team in preparation, only you need to study both teams.

Are there fitness questions over any of the star players? How’s the weather looking and how will that effect play? Are there any suspensions in effect? Those are the questions you need to ask, and so many more. Pay attention to the sports sites, stay abreast of the latest news and make your bets at the last minute on game day, when that information has been processed and your mind has been made up.

written by Grameister777