Posts Tagged ‘gambling’

Packers Have No Problem With Woeful Browns

Tuesday, August 24th, 2010

The Green Bay Packers used 21 second quarter points and three Aaron Rodgers touchdown passes to easily dispatch the punchless Cleveland Browns 31-3 on Sunday. Rodgers threw two of his three touchdowns during the second quarter onslaught, adding a fourth quarter tally for good measure. Ryan Grant added–8 yards of rushing and a touchdown in the victory, in which the Packers dominated the statistical battle. Green Bay improved their 2009 NFL record to 4-2, while Cleveland slumped to 1-6.

NFL football betting enthusiasts who laid the -8′ with Green Bay as road favorites cashed their tickets with the lopsided victory. Green Bay improved to 4-2 against the NFL pointspread while the Browns dropped to 3-4 against the number. The 34 points scored went UNDER the posted total of 41′. Cleveland has gone UNDER in four of seven this season, while Green Bay evened their NFL totals record at 3-3.

The Packers upped their intensity early in the game, after quarterback Aaron Rodgers was punched in the face during a scrum. He recounts what happened next:

“One of the linemen came over and said, ‘Who was it? We got your back. That means a lot to me and that means a lot to our team.”

David Bowens was the perpetrator, though he insisted he was simply playing hard:

“I was just trying to grab anything I had. It wasn’t malicious, I was just trying to get a stop. I apologized to him for it. He can call it what he wants to call it, but the refs didn’t call it. I’d treat him different if he was passing the ball, that’s different. But if he’s running the ball, he’s a running back. It’s called football.”

Browns’ quarterback Derek Anderson lamented his team’s struggles in postgame comments:

“We aren’t good right now. That’s it. Period. We haven’t executed. We haven’t done the right things to win ballgames. We haven’t run the ball effectively, thrown it where we needed to. We haven’t protected up front like we need to and caught it when we need to.”

Head coach Eric Mangini sounded a similar tone:

“It’s a very disappointing performance across the board. I don’t think we played very well. I don’t think we coached very well. I thought we were making progress in a lot of areas. I don’t think we showed that today — at all.”

The Packers now face a big game next Sunday against the Minnesota Vikings which will feature Brett Favre’s first return to Green Bay in a visiting uniform. The Packers are a -3 home favorite with the total set at 48. They’ll face the struggling Tampa Bay Buccaneers the following week before hosting the Dallas Cowboys on November 15. Cleveland will travel to Chicago for a game against the Bears next week, with the Browns installed as a +13′ road underdog and the total set at 40′ Cleveland will have a bye the following week before returning to action at home against Baltimore on Monday, November 16.

Ross Everett is a freelance sports writer and respected authority on football betting. His writing has appeared on a variety of sports sites including sports news and sportsbook directory sites. He lives in Las Vegas with three Jack Russell Terriers and a kangaroo. He is currently working on an autobiography of former interior secretary James Watt.

An Introduction To Horse Race Betting

Thursday, August 19th, 2010

Sports gambling is a popular pursuit because everyone understands the basics of how teams win and lose and why. Horses, meanwhile, are an entirely different animal”no pun intended. It is a complex discipline unto itself, and a sound background in handicapping sports doesn’t insure success, or even mediocrity in handicapping the ponies. In fact, the history of sports betting is replete with successful gamblers that had a weakness for horse betting, with an emphasis on the word weakness. Most notable, perhaps, is the former resident handicapper at CBS, Jimmy The Greek Snyder. The story goes that The Greek was a first rate sports handicapper, but he couldn’t pick the winner of a one horse race when playing the ponies. The bad news for The Greek is that he enjoyed playing the ponies nonetheless, and often frittered away the money he won at the other end of the sportsbook.

Below are some very basic concepts that you need to know to enjoy a day at the horse track. This information doesn’t even scratch the surface of what you’ll need to know if your goal is to become a serious horse betting devotee. If that is the case, you’re best advised to check out one of the many theoretical books devoted to the subject.

Do your reading: When you arrive at the horse track you should purchase a copy of the Daily Racing Form (DRF for short) and the track program. The DRF is basically the ‘bible’ of horse race handicapping, and offers morning line odds, horse, trainer, jockey statistics and information on each race at every major track across the country. The track program offers similar information for that individual venue, often in more ‘user friendly’ form.

The House Doesn’t Care Who Wins: One thing that is important for the sports bettor to remember when playing the horses is that its a parimutuel situation. In other words, you’re not playing against the house, you’re playing against the other bettors. The track just facilitates the betting and acts as a middleman, handling the money for a fee (15 to 25 percent of the parimutuel pool). Another difference is that the track odds are determined by how much money is bet on each horse. If everyone bets on one horse”whether it is the best horse, or just has the catchiest name”it will go off as the favorite. Long odds on a horse doesn’t necessarily indicate a bad horse, but just one that the wagering public isn’t investing in. Sometimes this can be one and the same, but not always.

The odds in the newspaper are known as the ‘morning odds’ and are essentially educated opinions. They’re not much different than ‘overnight lines’ in sports betting. They can serve a function for handicapping, but often will not reflect what will transpire when the actual betting begins.

Handicapping basics: There are so many different approaches to handicapping horse races that its difficult to even know where to start. Some handicappers emphasize past performance data. Others factor in the results of recent workouts, while others prefer a visual examination of the horses in the paddock.

Once a bettor reaches a conclusion about what he thinks will happen in a given race, it is still subject to the odds that are available when betting. This is similar to sports gambling, where an underdog may be more attractive due to an excessively high payback potential than he would ordinary, or, conversely, a clear favorite becomes an unattractive wagering proposition due to a prohibitively high price. Its all a matter of the math–if I could speak to the teenagers of America, I’d try to impress upon them the importance of doing well in math for no other reason than its importance in all forms of gambling.

Training and bloodlines: Handicappers often focus on a horse’s breeding lineage, considering the quality of the bloodlines and the racing pedigree of his parents and grandparents. Others put great focus on a horse’s trainers. An ‘A-list’ trainer can often get the most out of a horse much in the same way an elite level NFL coach can cause a team to ‘over perform’.

The Jockeys: In the simplest terms, jockeys are independent contractors and thus to make money they need to do well. In theory, a jockey wants to get on the best horse possible in each race to maximize his chances of winning. That also results in sort of a chicken and the egg conundrum–are the horses winning because the best jockeys are aboard, or are the best jockeys merely adept at getting on the best horses? Most serious horse players look to the jockey as a secondary consideration. Its sort of a situation where a good jockey cant win with a bad horse, but a bad jockey can cause a good horse not to win.

Dedication and Discipline: There’s not a set formula for successful horse handicapping, so try different things and find what works for you. And, as always, don’t go overboard with the money you wager and particularly until you get a feel for what you’re doing. If you’re interested in learning more, check out the Daily Racing Form website.

Ross Everett is a well known freelance writer who covers travel, casino gambling and sports handicapping. He is a consulting handicapper for Anatta Sports where he is responsible for providing daily free sports picks. In his spare time he enjoys fine dining, flower arranging and deep sea diving. He lives in Southern Nevada with four dogs and a pet coyote.

Indianapolis Shreds St. Louis To Remain Undefeated

Saturday, August 7th, 2010

Peyton Manning was unable to tie a NFL record with his sixth straight 300 yard game , but the Indianapolis Colts remained undefeated by ripping the lowly St. Louis Rams 42-6 at the Edward Jones Dome on Sunday. Manning amassed 235 yards and three touchdowns with no interceptions as the Colts made short work of the winless Rams. St. Louis quarterback Marc Bulger continued to struggle, with–0 yards passing, two interceptions and no touchdowns.

NFL betting devotees who backed Indy as -14 road favorites easily won their bets as the Colts improved to 5-1 against the spread. After dropping their first game of the year to the number, Indy has run off five straight pointspread covers. The Chiefs dropped to 2-5 against the spread with the setback. The 48 points scored went OVER the posted total of 45.

After the game, Colts’ coach Jim Caldwell praised his quarterback:

“He functions pretty well within the system. He does a great job leading our team and being a field general. I don’t think he reached 300 yards, but nevertheless he was very effective.”

As has become his form, Manning deflected the praise onto his offensive line:

“I really appreciate the protection I’ve been getting. It’s something I don’t take for granted.”

Indianapolis tight end Dallas Clark gave kudos to the Indy fans that made the trip to St. Louis to support the team:

“We had a great following today. It was outstanding. When we were introduced it felt like a home game.”

Rams’ running back Steven Jackson sounded like a man out of answers:

“We have to learn to put four good quarters together. We don’t know how to win a game right now.”

The Colts will return home next Sunday to face a potentially tricky game against the San Francisco 49ers. They’ll remain at home for the following two games, hosting the Houston Texans the following week and the New England Patriots on November 15th. St. Louis will take on another one of the NFL’s bottom feeders next Sunday, playing on the road against the Detroit Lions. The game is currently off the board while the Lions’ quarterback injuries get sorted out. The Rams will have a much needed bye week after that before returning to action on November 15th as they host the New Orleans Saints.

Ross Everett is a freelance sports writer and highly respected authority on football betting. His writing has appeared on a variety of sports sites including sports news and sportsbook directory sites. He lives in Las Vegas with three Jack Russell Terriers and a kangaroo. He is currently working on an autobiography of former energy secretary Donald Hodell.

Falcons Hold Off Late Bears Rally

Tuesday, August 3rd, 2010

The Atlanta Falcons didn’t so much win their Sunday Night NFL Football game against the Chicago Bears as much as the Bears lost it. A series of costly mistakes and turnovers in the red zone negated an otherwise solid road effort for the Bears, as Atlanta held on to win 21-14 at the Georgia Dome. Chicago held a decisive edge in most of the statistical categories, but was undone by untimely turnovers. Atlanta improved to 4-1 with the victory while Chicago slipped to 3-2.

Chicago also disappointed fans who bet on NFL football by failing to cover the pointspread as +4 road underdogs. Both teams’ ATS records match their straight up records with the Falcons moving to 4-1 against the number while the Bears slumped to 3-2. The 35 combined points went UNDER the posted total of 46. Both teams have now gone UNDER in three of five games this season.

Winning Falcons’ QB Matt Ryan chose to credit his defense rather than point to Chicago mistakes as the determining factor in the outcome:

“Our defense, give them some credit. Our guys stepped up and made some plays when we needed them to.”

The Bears did a good job shutting down Falcons’ star running back Michael Turner. He came through with the game on the line, however, rushing for the winning touchdown with just over three minutes remaining in the game. Ryan praised his running back’s effort:

“Our offensive line did a great job just giving me just enough time to get the ball off, and then Michael Turner did what he does. The offensive line provided a great push and just paved his way.”

The Falcons are now 4-1 for only the fifth time in team history, the last coming in 2004. Despite their solid start, they’re still trying to keep pace with the red hot New Orleans Saints who improved to 5-0 with their win over the New York Giants earlier in the day. On this occasion, the Falcons’ Ryan was outplayed by the Bears Jay Cutler between the twenties but the Atlanta signal caller made all of the right moves in scoring range.

Atlanta can improve to 5-1 and break the mark for best start in franchise history with a win on the road at Dallas next Sunday. That’ll be followed by an even bigger road game, on Monday Night Football against the New Orleans Saints-a contest full of all sorts of implications for the eventual divisional championship in the NFC South. They’ll return home the following Sunday to host the struggling Washington Redskins. The Bears will be back on the road next weekend to take on the Cincinnati Bengals before returning home for games the following two Sundays against the Cleveland Browns and Arizona Cardinals.

Ross Everett is a widely published freelance writer specializing in travel, poker and sports handicapping. He is a staff handicapper for Anatta Sports where he is responsible for providing daily free sports picks. In his spare time he enjoys fine dining, flower arranging and deep sea diving. He lives in Southern Nevada with four dogs and a pet coyote.

The Strange Life Of Poker Legend Stu Ungar

Tuesday, August 3rd, 2010

One of the cruel ironies of human existence is that bountiful gifts are often given to those who cannot handle them. Beauty and money come immediately to mind, but talent in a particular discipline is often bestowed upon those who cannot maximize it to its greatest potential. Still others are unwittingly destroyed by some trait or characteristic that makes them exceptional. That’s what makes an athlete like Michael Jordan so exceptional-seldom are awesome talent, desire, discipline and dedication found in the same package in such prodigious abundance. The mass of humanity often reaps the benefits of their talents despite their external flaws. Such was the case with poker great Stu Ungar, who was found dead in his room at the Oasis Motel in Las Vegas on November 22,’98.

The only way to accurately describe Ungar’s poker skills is to evoke a sports metaphor–Ungar’s skills at the card table were like those of Michael Jordan or LeBron James on the basketball court. Ungar’s greatest accomplishment was his three World Series of Poker victories, an accomplishment not far removed from Michael Jordan’s six NBA titles. While countless volumes have been written on poker strategy, Ungar’s understanding of the game was almost instinctive. Although he won millions playing poker, the amazing reality was that it was essentially a ‘plan C’ for him as a professional card player. He started as a Gin Rummy prodigy, but quickly ran out of willing opponents in his native New York. He then moved to Nevada, and cleaned out the gin players in the Silver State. He turned to blackjack out of necessity and was almost instantly successful, only to be barred as a card counter at a number of Las Vegas casinos. Needing a new way to earn money as a card player, he took up poker.

The problem, however, was that as masterful as Ungar was at life in the poker room, he was profoundly inept at existence beyond the casino walls. He fought a number of addictions-most notably to drugs and sports gambling. Following his WSOP victory in’97, the’98 tourney found him broke and almost wasted away from drug use. Though he had secured financial backing that would have enabled him to play, as the games began Ungar sat in the dark in his hotel room at Binion’s unable to compose himself enough to appear.

There are countless other Ungar stories that evoke the same theme: he once paid cash for a new Mercedes and drove it until it simply fell apart from lack of basic maintenance. He signed his mortgage paperwork at the table in the Dunes poker room and was taken aback that he couldn’t make his down payment in chips.

Ungar’s death came as something of a shock as he’d shown signs of cleaning up his act. Longtime friend Bob Stupak and helped pay off his debts and staked him in the major poker tournaments. Ungar was found dead two days after the two had drawn up a formal contract. Ungar also left behind an ex-wife and a teenage daughter, who still live in Las Vegas. Though the official cause of death was listed as a ‘heart attack’, there were a mixture of drugs found in his system including cocaine and methadone.

Many of the famous gamblers of Las Vegas legend such as Puggy Person and Doyle Brunson have been tough, larger than life individuals with a healthier than normal dose of self-preservation skills. In this respect, Ungar was an anomaly among gambling greats-he was physically frail and almost completely helpless away from the poker table. At the table, however, he became an almost unbeatable adversary. His story is certainly not one that the modern day, publicity conscious Las Vegas will celebrate. He will be remembered, however, as part of the tradition that gives the city its unique character. From the mobsters that pioneered the city, to the Rat Pack that civilized it, to the corporations that cleaned it up, characters like Stu Ungar have provided Las Vegas with its unique character.

Ross Everett is a respected freelance writer experienced in travel, casino gambling and sports handicapping. He is a staff handicapper for Anatta Sports where he is responsible for providing daily free sports picks. In his spare time he enjoys fine dining, fencing and deep sea diving. He lives in Southern Nevada with four dogs and a pet coyote.

Eagles Add To Redskins Woes

Tuesday, August 3rd, 2010

The ‘new look’ Washington Redskins offense under Sherm Lewis looked much like the old offense under Jim Zorn, and the Philadelphia Eagles had little trouble as they opened a 27-10 halftime lead en route to a 27-17 victory on Monday Night Football. DeSean Jackson scored a long touchdown both rushing and receiving, and Donovan McNabb threw for 156 yards and a touchdown with no interceptions in the victory. The Eagles improved to 4-2 on the season, while the Redskins dropped to 2-5.

The Eagles also rewarded NFL betting enthusiasts with the pointspread cover as -8′ road favorites. Philadelphia is now 4-2 against the number while the Redskins continued their struggles against the NFL pointspread dropping to 1-6. The 44 combined points went OVER the posted total of 38. The Eagles have gone OVER the total in five of six, while this was only the second OVER of the year for the Redskins with 5 games UNDER.

Jackson’s only complaint after the game was that a sore ankle undermined the artistry of his post touchdown tap dance:

“I was out there having fun, man, honestly. My ankle was kind of hurting. I really didn’t feel it, but it did kind of affect my dance a little bit. I could put it to perfection a little bit better than that.”

Redskins’ defensive tackle Albert Haynesworth suggested that this team has to learn to play as a unit:

“You can say but so much. You’ve got to actually want to. So once we get to that point — where we want to do something — then we’ll do something. But if we just keep going our separate ways, then we’ll just keep getting slaughtered like we have.”

Jim Zorn was apparently more interested in playing ‘gotcha’ with the management that replaced him as the Redskins’ offensive play caller than in analyzing the game:

“Well, the result was the same. We got 17 points. It was difficult for me. It was difficult to stand and watch. The hard part is to keep your mouth shut.”

Washington running back Rock Cartwright expressed Washington’s struggles in a philosophical light:

“You have to take the bitter with the sweet. And right now we’re at a bitter moment.”

The Eagles will host the New York Giants this Sunday, with the game currently ‘pick’em’ and the total posted at 44. They’ll host the Dallas Cowboys the following Sunday before hitting the road to play the San Diego Chargers on November 15. The Redskins have a much needed bye week before they travel south to play the Atlanta Falcons on November 8. They’ll host the Denver Broncos the following Sunday before playing on the road against the Dallas Cowboys on November 22.

Ross Everett is a respected freelance writer experienced in travel, casino gambling and sports handicapping. He is a staff handicapper for Anatta Sports where he is responsible for providing daily free sports picks. In his spare time he enjoys fine dining, flower arranging and scuba diving. He lives in Southern Nevada with four dogs and a pet coyote.

NFL Has No Problem With Cowboys’ Video Screen

Tuesday, August 3rd, 2010

The Dallas Cowboys are settling into their new $1.15 billion dollar home stadium, but much of the talk in the NFL preseason has been about the massive video screen hanging directly over the field of play. In the opening game in the facility, Tennessee Titans punters hit the screen several time in practice and once during the game. That set off a bit of a controversy about the height of the video screen, with some arguing that the board was hung too low.

On Friday, the NFL Rules Committee sided with Cowboys owner Jones, indicating that the board was of adequate height. It also clarified the procedure for kicks that hit the board during play.

Jones has maintained that much of the concern is due to the sheer size of the board, which was hung 90 feet off the field of play”5 feet higher than NFL mandated guidelines. Hes also suggested that Tennessee punters were intentionally trying to hit the board, requiring an effort to kick the ball almost straight up. These shenanigans are typical of preseason, but obviously wont be a factor when the games really count.

The NFL has ruled that if a ball hit the display during play, the clock will be reset and down will be replayed. The replay official and the coaches will be able to challenge a play involving the video screen.

NFL Commissioner Roger Goodell commented on the situation:

“We will continue to address the particular circumstances in Dallas, giving full consideration to the competitive, safety and fan experience issues involved. The Cowboys have been fully cooperative as we have addressed this subject, and we will continue to work closely with the club on a longer term resolution.”

On his weekly radio show, Cowboys owner Jones gave his take on the NFLs ruling:

“I don’t see it as ultimately an issue. You can anticipate the ball hitting the board from time to time. There’s no reason why this can’t be something for punters to deal with very similar to the way you’d deal with the wind in your face or with elements; rain, sleet or snow.”

Former Cowboys coach Jimmie Johnson also weighed in on the video board issue:

“If there’s anything wrong, it’s that people are going to watch the video board and not the game. It is so dominating, but I think it’s so cool. I think it’s great.”

Dallas will make their regular season debut at the venue on Sunday, September 20th as the New York Giants provide the opposition.

Ross Everett is a experienced freelance writer who covers travel, casino gambling and sports handicapping. He is a consulting handicapper for Anatta Sports where he is responsible for providing daily free sports picks. In his spare time he enjoys fine dining, fencing and deep sea diving. He lives in Las Vegas with four dogs and a pet coyote.

An Introduction To NFL Preseason Handicapping

Tuesday, August 3rd, 2010

There’s not much ‘middle ground’ when it comes to the desirability of betting NFL preseason games. The overly conservative handicappers suggest that its a poor wagering opportunity, while the ‘boiler room’ sports touts try to suggest that short of a fixed game there’s no more sure thing than preseason football. There’s a degree of truth in both views. Handicapping preseason NFL football is a unique discipline unto itself, but with knowledge and caution it can be a profitable endeavor.

First, let’s examine the case against preseason NFL wagering. Clearly the biggest argument against it is the simple fact that the games don’t count. Though spots will exist during regular season games when the motivation and preparation of individual teams may vary, in theory both teams want to win. That’s not always the case in preseason football, since different coaches have different goals. Some might want to just evaluate their personnel, others might want to establish a winning attitude, and all coaches want to keep their stars from getting injured. Factor in all of the variables and conflicting agendas, the preseason naysayer would argue, and there are just too many unknowns to consider taking a financial position on.

The preseason NFL betting enthusiast would suggest, however, that it is the uncertainty that characterizes these games that makes for such a strong wagering opportunity. For example, in a matchup between a championship level team and a losing team you often see strongly divergent approaches to the game. Successful teams have more to worry about in terms of player injuries, fewer areas in which they need to evaluate talent, and more continuity in the areas of coaching and team chemistry. They often view preseason games as a chore, and have little interest in their outcome as long as they keep their superstars healthy.

Now, lets look at the other side of the equation. A “lesser” team by regular season standards might have a number of starting spots or key backup spots up for grabs. They may have new coaches to impress, or new offensive or defensive coordinators whose schemes they’ll have to implement. Certainly, winning any games”whether or not they count in the standings”are of utmost importance to losing teams trying to turn things around. Finally, a bad team can gain a lot more psychologically from beating a playoff team than the playoff team can from beating a doormat. A struggling team that is destined to lose a lot during the regular season won’t have a lot of bright spots, so a preseason win against one of the league’s elite can mean a lot more.

Even among teams that don’t worry much about wins and losses during the preseason, they don’t want to go into the season losing them all. For that reason, one of the most successful preseason situations over the past decade and a half have been teams that lost their first two preseason affairs. During that span, 0-2 teams have hit right around 60% against the spread.

There may be no greater determining factor of a team’s preseason success than the philosophy of their head coach. Some coaches just don’t like to lose *any* game, and usually these hyper-competitive teams are good preseason bets. Bill Parcells, for example, was legendary for his serious approach to preseason games. The coaches that he mentored like the NY Giants’ Tom Coughlin have to some extent carried on this legacy. While the “good” preseason coaches are often reflected in the pointspreads assigned to their team, a motivated team is almost always worth a look.

The smart preseason handicapper makes use of the Internet, and more specifically uses it to follow the local sports media of NFL teams. During NFL preseasons, teams’ beat writers are anxious to write stories and need to fill articles but have little in the way of “real” news to write about. As a result, a handicapper can frequently find valuable details like a coach’s goals for the game, playing time for key players, and specific strategies that will be implemented. Occasionally, coaches will come out and say that they’re more interested in evaluating certain players for certain positions than they are in the outcome of the game. A thorough evaluation of this type of media coverage can often produce not only teams to play “on”, but teams with priorities other than winning to play “against”.

In closing, the best advice is to not be afraid of wagering on preseason football, but to not get too excited about it either. It’s a good chance to grind out a small profit, but definitely not the moneymaking opportunity of a lifetime. There will be plenty of other”and better”football wagering opportunities down the road. Discipline and self-control is always in your best interest when betting on sports, and that certainly is the case in the preseason NFL.

Ross Everett is a well known freelance writer who covers travel, casino gambling and sports handicapping. He is a consulting handicapper for Anatta Sports where he is responsible for providing daily free sports picks. In his spare time he enjoys fine dining, flower arranging and deep sea diving. He lives in Las Vegas with four dogs and a pet coyote.

Common Sports Betting Futures Mistakes To Avoid

Tuesday, August 3rd, 2010

Sports book futures bets are an increasing popular and potentially profitable way to wager on the outcome of a full season. There’s a few common mistakes that novice players make that can be easily avoided by paying attention to the following:

You gotta shop around: More specifically, you have to ’shop points’ just as you would with a straight bet. This is crucial in all forms of sports betting but particularly key with futures wagers. There are often greater variances in the prices from book to book on future plays than any other type of wagering proposition. The reason for this is simple–most books are less concern with what the ‘other guys’ are doing as they are with keeping their own position ‘in balance’. All in all, the sports betting marketplace just doesn’t react as quickly to changing futures prices as it does to individual game lines.

Don’t fixate on picking the winner from a competitive field: This may sound like strange advice, but from a theoretical standpoint it makes perfect sense. As with every other element of sport wagering its crucial to always focus not on winners and losers, but on the value you’re getting on individual bets. For example, in most years there are several teams with a realistic shot of winning at the start of the NCAA basketball tournament. The problem is that these top teams invariably offer low paybacks that are less than their ‘true odds’ of winning. Every team is subject to the same variables like injuries, slumps, bad matchups but backing teams that are ‘under the radar’ at higher prices offer more compensation for these ‘risks’.

In mathematical terms, we’re simply not being offered odds on a favorite that offer a good value in comparison with the ‘true odds’ of the event occurring. Let’s say we bet Duke at +200 to win the NCAA tournament. If we could magically play the NCAA tournament over 100 times, would Duke come out on top more than 33 times? If not, they’re a poor value at the price. At a higher price, I might be interested but at +200 the value is simply not there.

In a less competitive field, there can be instances where even a big favorite is a good value. For example, lets say a book was to take action on a bikini contest between a Victoria’s Secret supermodel and three members of the Pittsburgh Penguins. The model would essentially be a 100% probability to win the contest, meaning that even a high chalk price would be a good value. Risking a lot of money to win a little is a tough thing to justify, however, even if the math makes sense.

Don’t get seduced by big underdogs: Sports betting is not a place to make the “big killing”. It may happen occasionally, but more often it doesn’t. While a sports book might offer a huge price on a cellar dwelling team to win the World Series, the big payback does not mean its a good value. On a practical level, there’s probably nothing wrong with throwing a few bucks on a wager like this with a huge payback if the impossible occurs. My only problem with this is that making too many bets like this just perpetuates bad sports betting habits. If you’re strictly a recreational player, no big deal. If you aspire to bet professionally, or at least want to pursue it with some degree of seriousness I’ve always maintained that you need to develop discipline that’s not situational. In other words, if you want to be a serious sports bettor you need to approach it with a consistent level of seriousness at all times. If you want to chase a huge, life altering jackpot go to Las Vegas and play the Megabucks slots or buy a Powerball ticket.

Wagering value is just as important at the bottom of the barrel as it is at the top. Just because you’re getting a huge potential payback on a big dog doesn’t make it a good value. Make sure that the payback you’re getting presents an overlay situation–even on a huge underdog.

Don’t bet one-sided futures or propositions: Though many of these are not futures per se, a lot of sportsbooks offer silly propositions on nonsport events as a way to get publicity, or just to be funny. Its important to make a distinction between this type of silly bet and more realistic nonsport propositions which frequently present good wagering value. Im talking the really outlandish stuff here. Not too long ago, a sportsbook posted a line on Martians landing on earth and painting the White House red by the end of the year. The “YES” was +2500 or thereabouts, which is far from reflective of the “true odds” of this unlikely event. Even if you’re the type that collects classic Art Bell shows on tape and believes in UFOs you wouldn’t place the probability of this happening at more than a fraction of a percent. The book only offered the “YES” side of the proposition, meaning that you couldn’t lay even a huge price on the more likely outcome. Another book had a futures offering for what would happen first with Ashton Kutcher, Demi Moore and Bruce Willis. All of the options were very unlikely–Ashton and Bruce fighting on PPV and my favorite–and the longest odds–Ashton, Bruce and Demi hopping in bed together and releasing a porno video documenting the event. You’d receive a sizable payback if any of the events ever transpired, but I’m not exactly sure how to compute the “true odds” on “when pigs fly.

Ross Everett is a experienced freelance writer specializing in travel, poker and sports handicapping. He is a staff handicapper for Anatta Sports where he is responsible for providing daily free sports picks. In his spare time he enjoys fine dining, fencing and scuba diving. He lives in Southern Nevada with four dogs and a pet coyote.

How Banning Sports Betting Undermines The Constitution

Tuesday, August 3rd, 2010

Though legal sports betting is prohibited in the US by Federal law, there has been in recent years a re-examination of its logic on a variety of levels. Part of this is a desire for new revenue sources, while part is simply a growing acceptance of gambling in all forms. Ultimately, the true injustice of banning sports betting lies in its contempt for the Constitution.

The Congress of the United States has shown very little respect for the Constitution in recent years. Were it to abide strictly by the role outlined for it by the founding fathers, the Legislative Branch of our government would have to relinquish any number of its powers in a variety of areas. The primary problem with our Congress is that it has increasingly become a collection of career politicians rather than a body representative of its constituency. Every increase in power at the Federal level must be brought about by a usurpation of state and local sovereignty and, more alarmingly, personal liberty.

The Federal prohibition of sports wagering which was enacted a few years back is of very dubious Constitutionality. Were it not for the grandfather clause, which allowed it to remain legal in jurisdictions in which it already existed, it would have certainly been struck down as unconstitutional on a number of different fronts.

Unfortunately, the mere fact that a proposed law or initiative is unconstitutional offers little protection for the citizenry. In fact, the concept of state sovereignty is one of the most important–and most abused–in the Constitution:

The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.

The overriding concern of the writers and framers of the Constitution was that the personal liberty of the individual not be violated by a too-powerful central government. In other words, unless the power in question has been expressly given to the Federal government by the Constitution, and/or unless it has expressly been prohibited to the states (as in the case of treaty making) it is the right of each individual state to govern themselves as they see fit. If an individual state chooses not to regulate a certain activity, it is the right of each individual citizen to make their own decision.

So, you should be asking yourself at this point, where exactly does the Constitution delegate to the Federal government the right to make policy on sports gambling? The answer is that it doesnt, and it is very questionable that they have the Constitutional authority to do so. The sanctimonious blowhards who oppose sports betting would like to think they know best, but fortunately for all freedom loving Americans the founding fathers would beg to differ.

Sports gambling may seem a minimally important issue to some, but the erosion of liberty is an incremental danger. The danger to broader concepts of personal liberty may seem a million miles away, but with each additional law intended to protect us from this or that the Federal government becomes larger and more powerful and the rights of the sovereign states”and the individuals that comprise them”are shrinking and being weakened.

Ross Everett is a widely published freelance writer specializing in travel, casino gambling and sports handicapping. He is a staff handicapper for Anatta Sports where he is responsible for providing daily free sports picks. In his spare time he enjoys fine dining, fencing and deep sea diving. He lives in Las Vegas with four dogs and a pet coyote.

Joseph Jagger The Roulette Winner

Friday, July 30th, 2010

While the vast majority of players never make it big playing roulette, every now and then there is somebody who figures it out and makes out like a bandit. One of these players was a man named Joseph Jagger. Joseph Jagger in a short time was over five-million dollars by destroying the Monte Carlo Casino.

Joseph Jagger knew that it was possible for roulette wheels to develop biases. He hired six people to track the results of roulette spins of the wheels at the Monte Carlo Casino. Data was collected for an extended period of time. Once Jagger had analyzed all of the data he noticed that a few numbers came up enough for it to be more than a simple statistic anomaly.

Jagger found the knowledge that would make him a millionaire, he found a biased wheel. One wheel at the Monte Carlo had a bias for numbers 7, 8, 9, 17, 18, 19, 22, 28, and 29. These numbers won more often that they should. Jagger then did what was believed impossible. He went to the casino and took it for nearly everything it had.

It was July of 1875 when Jagger took his seat at the biased wheel and put a bet down on the number seven. It was only a matter of time before Jagger had made a name for himself. Jagger possessed what every roulette player wishes they possessed a mathematical edge.

Jagger didn’t stop, he returned to the casino for several consecutive days. Every day he went in was a day that he won. However the situation soon escalated, gamblers began to replicate his method repeatedly betting on the number seven.

The casino out of desperation decided to shuffle the wheels; all of the wheels were moved and relocated. This was done in hopes of throwing Jagger off of his track. This ploy, at least for a little while worked just fine for the casinos.

Jagger however did not spend over a year analyzing data only to be fooled by a table swap. Jagger had cleverly inscribed the correct table with a unique scratch. After a bad day or two he searched the wheel for the scratch and when he did not find it he knew the tables had been swapped. He shortly found the scratched wheel and quickly began winning once more. The casinos then had to one up him again, they began switching and disguising the tables several times on a daily basis.

Jagger’s famous run was then over. Once he realized that he could no longer track the table he packed his bags and left town to never return. He however did take over five-million dollars of winnings with him. The stories of Jagger to this day motivate and inspire gamblers across the world. Perhaps you will be the Joseph Jagger of online roulette.

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Gamblers Fallacy A Roulette System Killer

Friday, July 30th, 2010

There is one thing that will destroy you if you are not careful. I’ve seen this one thing completely annihilate the bankrolls of new players to online roulette studs. It doesn’t matter if you have been around forever, or if you are just starting out.

The thing you must be fearful of is called The Gambler’s Fallacy. The Gambler’s Fallacy is the number one cause for many gamblers downfalls. The Gambler’s Fallacy is nothing new either; it has been around for as long as mankind has been making bets.

To give you a quick idea of what The Gambler’s Fallacy is imagine that the ball of a roulette wheel has landed on odds several times in a row. Somebody suffering from The Gambler’s Fallacy would then begin betting on evens thinking that the ball is now more likely to land on evens because it has landed on odd so many times already.

The notion that the table remembers what the last spin was is entirely incorrect. The table isn’t concerned with what the last result was, the odds are always consistent. The table does not remember a thing; the only thing that really matters is the math.

What makes The Gambler’s Fallacy so deadly is that if somebody who is not versed in mathematics looks at a simple version of the odds it would appear that there is no fallacy. The math would indicate that no such fallacy exists.

To demonstrate what I mean I’ll give you two examples, one example showing why it might look like there is no fallacy. I will then give another example going deeper into the odds to show that The Gambler’s Fallacy exists for a reason.

Imagine that there is no zero at an online roulette table. This would mean that there is a 50% chance of landing on black, now the odds of a ball landing on black twice in a row is smaller than 50%, and the odds of it landing on black three times in a row is even smaller. So on the surface it looks like the more times it lands on black the less likely it is to land on black again. However if you look deeper the odds of the ball landing on black three times and then red one time matches up with the odds of the ball landing on black four times.

I hope that you now have the tools to never fall prey to The Gambler’s Fallacy ever again. There is nothing that will kill a gambler faster than believing in this fallacy. If you want to do well at online roulette you must understand how The Gambler’s Fallacy works and how it will steer you wrong.

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