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Aug 5

A Bet You Always Win How Sports Betting Arbitrage Works.

Posted on Saturday, August 5, 2023 in Betting

The advent of online betting sites meant that the punter could suddenly check prices at a multitude of different locations very quickly, and open bets at those that had ‘slipped’ out of line. By exploiting the inefficiencies of some brokers, a win can therefore be guaranteed. Sometimes, the differences are deliberate. Each online betting site has to maintain it’s own ‘book’, and it would be a strange world indeed if they all had the same number of punters, all betting the same way and the same amount, meaning they all had to offer the same odds!So how does 100% winners, no risk sound? Groovy, huh? But there are, of course, problems. The main problem is the size of the account you need to make a useful profit. The difference between the odds offered by 2 bookies, and exploited by an arbitrageur, may only amount to a fraction of a percent, meaning that you may have to wager several thousand dollars to win 5 bucks. Nothing wrong with that, you think? Not if the bet is 100% guaranteed? But what about if thru the vagaries of the internet, you manage to get one side of the bet on at the right odds, but not the other? You are left holding a LARGE position. Also, accounts of this size are viewed with some suspicion by the bookies – they will want to know that you aren’t (for example) money laundering.So ok, you know the risks, but how does it actually work? Let’s go back to the US election between Bush and that Herman Munster guy, the Democrat fella with the long face (Kerry? Curry?). As you recall, it was close. No one knew for sure which way it would go. But what you could have done is put on a bet with UK bookie Coral that Kerry would win, and the odds they would give you would have been 6/4 (i.e. a US 1.5 – bet $800, return $2,000).At the same time, your fave US bookie might have given you odds of 6/4 on Bush! That means if you took both bets, you are betting (risking) $1,600, but will win $2,000 WHATEVER the result! Easy money or what? Bank a cool $400 for nothing.How often does this happen? Quite a lot. For example, in a boxing match, the US champ will, of course be favored by the US bookies, but the UK challenger will be top bet at the UK bookies. Simply exploit the difference. It works even within the US too – a Varsity football match, for example, may find the out of state team offering you an opportunity to arbitrage within the home team state depending on the demographics of the customers using two US online bookies.Generally, you can bet risk free on any sporting event with either 2 or 3 outcomes, such as Football, Baseball, Boxing, Basketball, Tennis, Soccer, Golf, Snooker, Cricket, Hockey, Ice Hockey and Darts. Are the odds always as good as in the example? No. Usually the difference will be small. That is why you need large accounts.Enjoy!

Dec 5

How To Bet On Nfl Props

Posted on Sunday, December 5, 2021 in Betting

The NFL regular season is often focused on totals and sides, but with every betting site offering different wagering types, NFL props are becoming the go-to bet every Sunday, Monday, Thursday, and some Saturdays. Rather making moneyline wager or a traditional point spread bet, why not try something a little more entertaining? Making NFL Prop Bets requires skill and a little handicapping, but no worries because we are here to kick start your betting journey. An NFL prop bet is a wager that typically has nothing to do with a game outcome. NFL prop bets can be anything from how an individual player performs, how long the national anthem will be, which team will be winning the coin toss and even how many penalties a team will get. A prop is short term for proposition and these are bets that are generally made for entertainment purposes. At your online betting site of choice, NFL prop bets for a specific type of player would be something like:• How many touchdowns will he be throwing in the Saints’ game against the Falcons?• How many passing yards will he be having in the first quarter of a game against the Panthers?• Will he be throwing an interception against the Buccaneers?How to read NFL Prop Bet oddsWhen visiting any online sportsbook, you will find prop odds. Depending on the type of NFL props bettors are looking to make, the NFL odds will look something like this:Will Player A announce his retirement in the post-game interview?Yes +400No -900In such scenario, let’s assume that a star player is turning 45 and isn’t moving as fast as he used to. There are rumors that he is going to retire at some point during the current NFL season. Oddsmakers hear the same buzz that we do and will create NFL props based on that information.If you believe that Player A will announce his retirement after the game you’re betting on, you will choose Yes. Let’s say you lay down $25, and he does end his playing career. You would get a payout of $150 – your $25 comes back along with your winnings of $125.On the other hand, a winning $25 No bet would get you $27.50 – your original amount is returned plus the $2.50 you won. In this case, the Yes would be a riskier bet with a higher payoff because of the plus sign (+). A No bet comes with less risk and a smaller win due to the minus sign (-). This is the same as a traditional moneyline bet where you have an underdog and a favorite In this case, there is no favorite (-) or dog (+), but the same symbols signify which bet is riskier for gamblers. As your online sports betting skill improves, you can make more advanced NFL prop bets. Since NFL props are considered the more entertaining bets you can make on any regular-season matchup, the better you get at betting, the easier it is to find value in other prop wagers.

Nov 13

Best Casino Online

Posted on Saturday, November 13, 2021 in Betting

Once you go online, your primary goal is to either educate yourself or entertain yourself. If you want to know what is going on in your area, country or even around the world, you will be visiting the websites of the various news stations. As for the entertainment part, especially if you are a true-blue casino gamer, what you want is the best casino online websites that you can find. It is important for you that you get the best experience these websites offer to win your patronage.People in the United States would not encounter some problems when it comes to finding the right online casino website because most of them are based there. Because of this, players can get their cash bonuses without any problems as long as they commit to play on that website for quite some time. Now, if your friends want to join you in playing on that particular website, the website may even give you additional bonuses. This will surely be something worth looking for. Everyone wants to get something out of the website so might as well give him or her whatever he or she wants.Based on research, the top five best casino online websites to play at are Go Casino, Millionaire Casino, Online Vegas, Rushmore Casino and Sportsbook Casino. There are also quite impressive reviews about each of the websites that is why they landed in the top five spot. Surely, when you play on either of the aforementioned Internet sites, you will never feel that you made the wrong decision.Almost all online casinos accept credit card deposits which make gaming even easier. They accept MasterCard, Visa and American Express. They also offer different free bonuses as you play on their website. Some give importance to the video slots, blackjack, progressives and the like. They also take pride in being 100% US player friendly and attract players by assuring them of that VIP experience. There are so much online casino games to choose from and it is unlikely that you will feel bored once you try playing there.Although there may be hundreds of websites claiming that they are the best casino online, the aforementioned five are considered the top ones. It is up to you whether you would still want to look for others. The provided five have made themselves worthy enough to be included in the top list. Good luck with your gaming and hope that you hit the jackpot.