Betting on basketball akin to investing.

But after spending most of Thursday watching college basketball at the Paris Casino’s sports book in Las Vegas, I can safely say that betting on the NCAA Tournament has a lot in common with investing in stocks.

Savvy strategies

Odds for the Oscars

Speaking of auditing, the fact that stats in college basketball cannot be manipulated is actually a reason why betting on a college basketball game might be a wiser move than buying a stock. What if I bet on Penn with the spread and they don’t win but lose by only three? Would it make me happy to profit from a Penn defeat? This is too disturbing a thought to consider any further.

Hoops junkies pore through the stats published in the USA Today college basketball special pullout section (an essential purchase for any NCAA fan) with the same amount of rigor that accountants use to audit financial statements.

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(Disgruntled writer’s note: As it turned out, my fears were for naught. I maintain that getting too emotional about a stock is not a good thing. Kind of like the way VCs invest in many risky companies with the hopes of having one big initial public offering make up for all the flops, I made several “money line” bets on huge underdogs. Instead of P/E ratios and mutual funds, you have “point spreads” and “parlays”. So I did not hedge. You don’t have to worry about whether or not Duke coach Mike Krzyzewski set up special purpose entities in order to keep some of star player Jason Williams’ turnovers off the stat sheet. Gandalf, baby!”

My friend, being a prudent lawyer, decided to bet $22 dollars on Pepperdine’s opponent, Wake Forest. OK, there certainly has been some point shaving in the past – – the City College of New York scandal of the 1950s comes to mind – – but that doesn’t even come close to the scam that was Enron.

With that in mind, I have no idea what to do when my beloved alma mater Penn plays California on Friday. (Go Quakers!) Part of me wants to bet big on Penn (they were four and a half point underdogs as I wrote this) so I can reap the financial rewards when they win. Pepperdine was competitive for the entire game but missed some crucial shots in the last few minutes (the bitter loser in me would say that they choked) and lost by eight.

Moulin Rouge was listed at 3-1 to win Best Picture: the second favorite behind A Beautiful Mind. “Best bet on the board?” observed my friend Jamey Tesler, “Ian McKellen for Best Supporting Actor at 6-1. A friend of mine and I placed the same $20 bet on a 3-team parlay: Kent State, Missouri and Pepperdine. Penn didn’t cover, losing by 7 after this story was published. You can’t actually make bets – – they’re only for “entertainment purposes” – – but many of us were left scratching our heads about the favorites for the major awards.

Betting on sports is legal in Nevada and most of the casinos in Vegas have a section called the sports book where people place their bets and watch the games. (The spread is the number of points that the favored team is expected to win by while parlays are wagers that allow you to bet on several games in order to increase your payout.) And just as a market neophyte would be confused by a streaming quote feed, the rows of neon numbers on a sports book’s massive board is certainly overwhelming for the uninitiated.

Why betting is better than investing

In addition to the NCAA action, you can also get odds for the Oscars. Hey, I actually thought the Waves would win the game outright (similar to how many investors were convinced back in early 2000 that tech stocks could only go higher and higher) and even have a chance of upsetting Oregon in the second round. Kansas (boy did Holy Cross give the Jayhawks a scare!) isn’t going to announce that the NCAA is investigating it for improperly recognizing hundreds of points scored in Big 12 games from 1999.

All in all, I made six bets on Thursday and won none, for a total loss of $100. Grrr)

When it comes to sports, the numbers for the most part don’t lie. So it would essentially be a wash.

Like investing, gambling has a lingo that you need to learn in order to be successful. All three teams had to cover in order to win the bet, which paid off at odds of 6 to 1. It was totally irrational. Sounds exactly like the trading floor of the New York Stock Exchange.

That’s what sleep deprivation does to you folks.

Most of my friends and fellow gamblers that I talked to would stick to betting on games with the spread but I foolishly followed the venture capital style of investing in college basketball. Example. If Pepperdine covered, we’d both win $120.

I, however, was not so wise. Fortunately, a $100 windfall at a blackjack table that day kept me even for the day. It’s kind of like making a covered call on an option, selling the right to buy shares at a certain price while also having a long position on the stock.

Betting on basketball isn’t even as risky as you might think. Pepperdine, a 4-point underdog, played after these two games were finished. But I, hate to admit, am a bit of a hypocrite in this regard.

It would have been nice to be able to make real bets on the Oscars though. Kent State and Missouri both covered. If Wake Forest won by more than 4 points he would lose his parlay bet but win $20 on the Wake bet. Betting the money line means you think a team will win the game outright, regardless of the spread.

LAS VEGAS (CNN/Money) – This will be blasphemy to hardcore followers of Wall Street, those who think of the market as a rational way to try and accumulate wealth. Huh? Ewan McGregor singing Elton John (quite badly I might add) is more worthy of the cinema’s highest honor than The Lord of the Rings, Gosford Park or In the Bedroom? Whatever.

. I was convinced that Pepperdine would cover. I occasionally get angry emails from readers who disapprove of negative comments I make about stocks they own. Just goes to show that you can’t discount the importance of luck any time you put your money to work.

I reacted quite angrily any time one of the CBS announcers said a bad thing about a team I bet on. But another part of me is slightly worried. Some of the odds did seem pretty good. There are even ways to hedge and minimize your losses if you really know what you’re doing. When the color commentator pointed out that Tulsa is a small team, I probably did not need to act as if he was insulting my mother.

There’s also the emotion factor. A sports book during the height of March Madness is a wild, profane, testosterone-charged pit fueled by greed and fear

Using Reverse Line Movement To Win

Last year was a good RLM season for NFL sports betting (45-29, 60.8 percent, +11.91), but two sportsbooks that were in the top five in NFL RLM in both seasons.

So what exactly is reverse line movement? RLM takes place when a large majority of bets are on one team, yet the line moves in the opposite direction. All of this will be fun to follow (not to mention profitable) when every sport except baseball are going on simultaneously during the winter months.

http://prosportsonline.net

Article Directory: http://www.articledashboard.com

The highest two-year winning percentage using RLM from the top five books belongs to College Football, which went 480-341-10, 58.5 percent, +95.10 units. This is where an important word of caution is in order though.

So what we recommend is to only use the top five each season for each individual sport (in terms of units won). RLM takes place when more money/ sportsbook picks are bet by the small percentage of bettors that are on the unpopular side (the sharps) than is bet by the huge majority of players betting the popular side (the squares).

The proper way to make a sports bet using reverse line movement is to place your bet as soon as there is an RLM of one full point (or 10 cents in MLB and NHL) off of the opening line. This may enable you to get the stale more favorable sports betting line at the time the reverse line movement hits at the triggering Sportsbook. This would make Miami +6 the RLM play.

So what causes RLM when the aim of most sportsbooks is to get as close to balanced action on both sides as possible? The answer to this is quite simple: the sharp bettors; the one’s who give sports betting advice. Keep a close eye on Canbet here, as that Australian sportsbook cracked the top five both years.

To back this up, our friends over at Prosportsonline.net have tracked the records for games where over 60 percent of the public has been on one side, yet there was reverse line movement of at least one full point from the opening number at the top sportsbooks in NFL, NCAAF, NBA and NCAAB. To illustrate, let us say that San Diego Chargers open at -7 over the Miami Dolohins, and over 70 percent of the sports bets placed on the game are on San Diego. Keep an eyes on the top five sportsbooks at Sports Insights though, as NCAAF sports betting has been very liquid in that regard, with only one sportsbook (believe it or not, Bodog) finishing in the top five both years.

Now do the sharps win every single time? Absolutely not! However, they are right more often than they are wrong, so being on the same side as the sharps is a prudent strategy over the long run, and again, the best thing is that there in absolutely no conventional sports handicapping necessary..

Thus, following reverse line movements is the same thing a following the smart money. The records quoted below are based on the bets being made at the triggering books, so beating the move by a half-point or a few cents now and then would actually make your record even better.

Also, games where over 60 percent of the public are on one side, yet there is reverse line movement of at least 10 cents on the Money Line from the opening number at the top five sportsbooks in MLB and NHL sports betting has also been profitable. Furthermore, they list the RLM records for many individual sportsbook, making it easy to spot which books this system is working at and which books it may be best to ignore.

College Basketball sports betting was not too shabby either, with a two-year mark of 492-356-22, 58.0 percent, +91.96 units. Carib ruled the roost season at 93-66-9, 58.5 percent, +18.55 units after ABC held the penthouse spot in the 2007-08 season.. Sure, using this approach leaves open the possibility of the line turning around and moving back against you, but as you will see in bit, betting as soon as an RLM qualifies has been profitable in every major North American sport such as the last two seasons, so if one line turns around, so be it. It should be noted that many fewer MLB games have qualified so far this season (is the whole world using RLM now?), but smaller profits is still profit.Again, these records are for Money Lines only and do not include totals.Finally, NHL sports betting has picked up 148.49 units in two years, and unlike MLB, NHL had four sportsbooks out of the top five gain double-digit units this past season. Quite a few RLM followers watch the moves until almost game time, and then bet accordingly. However, instead of the line rising as you might expect, it instead drops to Chargers -6. Keep in mind that NCAAB was the most liquid sport in terms of top-five sportbooks however, with not a single sportsbook making the top five both years. Note that these records are for sides only and do not include totals.

The NFL sports betting is generally considered the toughest sport to beat, yet blindly following this method produced an exceptional 59.2 percent win rate last season, improving the two year record to 328-249-12, 56.8 percent, +59.06 units. Another important recommendation is to use a slow moving (but reliable) sportsbook. The huge problem with this is that the nfl line, ncaaf line or nhl line may have moved too much by that time, and all of the value has been sucked out of the unpopular side.

By: Manny G

prosportsonline.net

NBA sports betting has the lowest two-year five-book RLM winning percentage among the 11/10 sports, but then again, every gambler in the world would kill to go 382-301-9, 55.9 percent, +48.90 units, and the 57.5 percent win rate this past season is nothing to sneeze at. We tracked the top five books for each of the pointspread sports for the last two years, as as you can see, this strategy has been profitable in every sport

Cute Facebook Album Names – InfoBarrel

The perfect cute Facebook album name is in here somewhere, and if it is not, then don’t be afraid to look other places because they are all around you!

?.and.truth.be.told.i.miss.youu.

It’s going down like chicken town

pictures of youu, pictures of mee ?

When life gave me Lemonade

friends are forever ?

“Because I knew you, I have been changed for good”

Am I mad? Yes. Maybe it has to do with an inside joke you personally share with only your best friends?

The bottom line is that there are plenty of cute Facebook album names out to choose from. These are really just some of many titles that can and should be used! You know what your friends are like, and if you really try, can sit down and think of a hilarious title that they will love. You’re totally bonkers. There are also many funny Facebook album names out there too, but that’s for another day! Go out and shock your friends now with your insanely cute Facebook album names.

“My lip gloss is popping, my lip gloss is cool, all the boys keep jocking, they chase me after school”

My FrIeNdS ArE tHe BEST!

Our last summer, memories that remain

a picture is worth a thousand words

Turn around, bright eyes

Sometimes cute Facebook album names can be hard to come up with, but that is okay because I have plenty for you! All of your friends are sitting at their computers trying to come up with a perfect title, but I already have many to choose from here for you. I know for a fact that some of these cute Facebook album names can guarantee you likes and notification for when you login. But I’ll tell you a secret. All the best people are.

It’s time to PARTYY!

Yesterday, now, tomorrow…

Live.Laugh.Love ?

best friends ? I think so

“I know it might be wrong, but I’m in love with Stacy’s mom”

Now, some of these titles I came up with on my own, but I will give credit and tell you that many of my friends have these as titles themselves. always love.

Nothing’s sweeter than summertime

My friends are the best I could ever ask for!

even when I’m on my back ; I’m never backing down ?

Time moves on like a river, but don’t ever forget the people that are running right beside you. Don’t be afraid to give any of these cute Facebook album names a try and see what comes of it.

Angels on the Moon – And you are just another one of them!

Swimming through rapid waters

There are many cute Facebook Album names out there to choose from