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Monday, 09 August 2010 00:40 |
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 Sports betting fans have come to love parlays as they are rather enticing. Parlays create the potential for a large payout from a smaller wager by betting enthusiasts. In essence for bettor to win his or her parlay all of the teams involved must win. This form of bet can range from two teams to as many as 10 teams. However unlike teaser’s, parlays do not allow for patrons to move the point spread.
There are two types of parlays, point spread and money line. For the point spread, the payout is set at a fixed rate depending on the number of teams involved in your parlay. Here is how this looks Point spread parlay payout: Two teams = 13 to five Three teams = six to one Five teams = 25 to one 10 teams = 600 to one Essentially, for every one dollar you bet on a 10 team wager you can get back $600. However, one should keep in mind that the more teams you include the greater the risk. Since you need all 10 teams to win, the payout is larger because of the rarity of all 10 teams helping you out. Conversely, a moneyline payout is not set at a fixed rate and instead is dependent on each team in your parlay. Basically rather than giving each team a one in two chance of winning the game the same way a point spread parlay does, the moneyline takes your winnings from one game and recalculates it to the next team in your parlay. For instance you bet $50 on the moneyline for a parlay on one game and win $100. From there, the money you won is adjusted to wager on the next team and it continues until the parlay ticket finishes. |
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Saturday, 07 August 2010 23:25 |
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 Throughout the history of betting, the house has historically made a profit because of the lack of understanding by players. For instance, when participating in sports betting, the majority of first time bettors tend to believe that risking more of their money will allow them to make back their losses. This is one of the many reasons the house always wins. Here are three tips for why proper money management can help you win more and cause the house to win less.
1. The House Always Wins - Facing reality is as tough in the gambling world as it is in the real world. Many fans believe that they specifically can win more than the house does. The sooner you realize the house always wins the better off you will be. But why does the house always win? Basically, when you go to place a bet, the house also known as the bookie or sportsbook, takes a cut of what you would win. This fee acts as a service charge similar to a bank for storing your money. Regardless of how much you win, the house always gets a cut so they always win. 2. Proper Budgeting - When wagering for the first time whether it be in person or online it is important to set up a budget. A budget acts as an allowance of money separate from your personal money in which you spend on wagering. From the budget what we suggest is that you use between two to three percent of your budget to make wagers that day. Once the two to three percent is used up the day is over. 3. Saving Your Winnings - One of the biggest mistakes new sports bettors make is using their winning wagers in order to continue betting. Instead what you should be doing is after you win, store that money away and start with your original wager. For instance, your initial wager is $50 but then you win $200 on a single bet. What you should do is store the $200 and then make your next bet with $50 from your budget. This way when you are finished for the day you have made a profit. |
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Monday, 21 June 2010 22:15 |
 Ever since the world was created, people have become overly ambitious. For sports betting the average betting enthusiasts or diehard fan has set the bar far too high for their own good. For instance, whenever the Toronto Maple Leafs win five games in a row, fans wagering on the team, suddenly place bets each game and believe the team will win the Stanley Cup. Well, we are here to tell you to STOP! And realize that the best way to make a winning in the sports betting online world, is to manage ones expectations wiser.
Sports betting is no different than anything else in life, as a consistent win streak, can make a fan grow to being overly ambitious about their sports team. However by managing your winnings in an allowance for instance, you will never become overly ambitious since you will always have a budget to keep you in check. This is the difference between casual and fans and addicted gamblers. The casual fan puts down a parlay wager once a week for NFL football and doesn't care what happens because the amount they wagered is so little. On the contrary, an addicted gambler gets overly worked up about betting and bets daily rather than weekly. As a result they may endure long losing streaks causing trouble for themselves not only with their bank accounts but also psychologically. By managing your expectations, you have put yourself on the road to being calm cool and collective. Through this, you can keep your stress level down and have an enjoyable time regardless of the outcome. So manage your expectations through working with the tip sections of your Sportsbook as they will help you achieve the simplest healthiest management of your betting allowance. |
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Wednesday, 28 October 2009 15:26 |
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Internet Sports betting fans sometimes don’t put as much stock into baseball fans as they do into, say, football fans. It’s true that baseball fans aren’t known to tailgate, paint their bodies or run onto the field the way football fans do. But that doesn’t mean they can’t influence the outcome of games, especially in the playoffs. That principal really rings true in the Phillies vs Yankees World Series, as Philadelphia and New York are two of the toughest, if not the toughest, cities for a visiting team to play in. During the regular season, baseball crowds can give their teams a boost, but it’s not quite the same aside from big rivalry games. The fans are usually enjoying the sunlight, snacking, and sometimes not even fully paying attention to the action. A playoff game attracts a different kind of fan – a die-hard who will brave cold temperatures by baseball standards and is very baseball literate. These types of fans are louder and much more united. It’s thus no surprise to see certain pitchers struggle on the road in these playoffs. A.J. Burnett is the best example. The Yankees’ flamethrowing righty struggled on the road this season, sporting an ERA close to 5.00. Game 5 of the ALCS against the Angels was Burnett’s first career road start in the playoffs. He imploded in the first inning, getting rocked for four runs. The only other game this season in which he faced a hostile crowd of that playoff caliber was when he returned to Toronto to face a then-first-place Blue Jays team; he performed poorly there too. The lesson to learn for betting 101 is to be wary of pitchers who already struggle on the road entering the playoffs – like Burnett. You can win money if you bet against them when they pitch key road games. You could stick with Burnett in Game 2 at Yankee Stadium if you like the Yankees odds but I’d steer clear of him if he pitches Game 5 in Philly, whose fans are notoriously ornery. |
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