Betting on Sports – 6 Winning Rules by Don Stark

Hook them all together in a parlay and you must win all 3, or you’re sunk. Whichever group you fall into, sports wagering must be treated the same as any other financial investment. After checking several well-established and solid options, decide on 2 or 3 of them, and then divide and deposit your initial bankroll equally amongst each one. Drugs (legal or otherwise) and alcohol can cloud your judgment and will lead you into making decisions that you normally wouldn’t make. Unexplainably, wins and losses often times run in streaks, so slowly increase your bets on a hot streak and back off on cold streaks. It’s a proposition for losers only, so don’t do it. However, there is an elite third group out there who bet sports with one and only one purpose in mind…to make money. Yes, you can bet a 3-team parlay, and if you win, it normally pays in the vicinity of 6 to 1 in football and basketball. While some do it just for recreation or to make watching a TV game more exciting, there are others who will always wager on their favorite team or player, period. Never wager more than you can afford to lose, so be honest with yourself on what you can comfortably set aside for recreation or otherwise.

Rule #3 – Spend Some Time Shopping – This can be compared to shopping for a new car or even for groceries. Watching ESPN and/or reading opinionated articles by sports writers on the Internet is not the proper way to do your homework. If it were really possible for anyone to consistently pick 3 out of 3, parlays (and teasers) wouldn’t be offered by the sports books. Conversely, if you’re on a losing streak and the bankroll goes down, the size of your bets will decrease accordingly. Most people just don’t have the time to properly study things like past statistics, line moves, trends, angles, valuable lines, inflated numbers, and much, much more. If you’re serious about winning more bets than you lose, you should listen to a professional.

Rule #2 – Never Gamble Under the Influence – To coin a phrase, “Speak when you’re drunk and you’ll probably make the biggest speech you’ll ever live to regret.” The same sensible theory applies to betting on sports. If betting on sports is more than just a recreational pastime, or if you just don’t have the time or resources for Rule #5, seriously consider employing the services of a professional sports handicapper. If you’re winning, the 2% per wager automatically increases as your bankroll increases. If you set aside $1,000 for gambling, your individual bets should be in the $20 range and no more. Secondly, never wager more than 2% of your total bankroll on any single wager. That gives you an automatic advantage over the bookie, so use it to the fullest extent. If you’re on medication, drugs, or alcohol, or if you’re just in an upset or disturbed mood, be smart and don’t play until you’re back to 100%. Since you’re reading this, you’re probably part of that majority. The payoff odds and point spreads are not carved in stone throughout the industry, and on any given day, they can vary greatly between different shops. To be successful at anything, your mind needs to be 100% clear and functional. For example, if you live in California and become an expert on the PAC 10, you can increase your chances of winning by focusing on just your niche.

Rule #6 – Seek a Professional – There is a wealth of valuable information available on the Internet but you have to take the time to do proper and thorough research. If you’re sick, you go see a doctor. One of the best ways to win at sports wagering is to maybe find your own special niche and then follow it closely. Research several sports books thoroughly and compare the numbers. Then, before making your wager(s), check each book and always take the best number on your particular event. Stick with 2% and never double up and chase lost money. . Stick to straight action only.

Rule #5 – Perform Due Diligence – As a bettor, you normally have the opportunity to do research well in advance of having to make that final decision on a wager.

Rule #1 – Use Proper Money Management – This rule is the one that is most neglected and explains why Vegas keeps on building all of those multi-billion dollar casinos. Always look for the best prices or the best numbers. To be done properly (and profitably), here are some very crucial rules one must follow. If you bet 3 teams straight action and only win 2 of the 3, you’ve just made money.

Rule #4 – DO NOT Play Parlays or Teasers – Parlays, teasers, and other exotic wagers are offered for a reason. Over the course of a year, that ½, 1, or even 2 point difference will come into play many times, and trust me…it will add up to a lot of money.

People all over the world love to bet on sports. Whether you’re a recreational player or actually doing it solely for a profit, may you always have more winners than losers, and always remember to have a lot of fun along the way, but stick to the rules

Supreme court rejects Delaware sports betting appeal | Reuters

They said the estimated $17 million in sports gambling revenue represented a trivial percentage of the state’s $3.1 billion budget.

Delaware had expected at least an estimated $17 million in revenues from the sports betting plan in the 2010 fiscal year to help close the state’s budget deficit.

Delaware offered parlay bets on NFL games for a few months in 1976.

The appeals court ruled in August that Delaware was limited to parlay betting, or gambling on multiple games, and only on National Football League contests. The appeals court ruled that under the federal law Delaware was generally limited to what it offered in 1976.

In appealing to the Supreme Court, attorneys representing the state argued the appeals court wrongly concluded that Congress had prohibited Delaware from adopting a sports lottery scheme as a way to balance its budget.

The justices without comment let stand a ruling by a U.S. appeals court that a 1992 federal law prohibits Delaware from offering betting on individual games in all major sports.

By James Vicini

| WASHINGTON

WASHINGTON The Supreme Court on Monday rejected a Delaware appeal that argued the state should be allowed to offer a new sports betting lottery to generate revenue to help ease its record budget deficit.. The state went ahead and now offers such betting on at least three NFL games.

The North American professional leagues for baseball, basketball, football and hockey and the National Collegiate Athletic Association (NCAA) all argued that Delaware’s sports lottery plan violated the 1992 law.

The law, the Professional and Amateur Sports Protection Act, prohibits betting on sports, but exceptions were granted to Delaware, Nevada, Montana and Oregon because they previously operated some forms of sports gambling.

(Editing by Eric Beech)

Attorneys for the professional sports leagues and the NCAA told the Supreme Court the appeal should be rejected

Betting on Professional Wrestling – InfoBarrel

In this article we will talk about betting on professional wrestling and a site that offers this opportunity. But to a select few it’s a way to earn a nice part-time living in some form or fashion. If you’re interested just copy and paste the link below into your browser and check out what 5dimes has to offer.

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I have a link at the end of this article to the site where I use called 5dimes. This can most certainly be true in many cases. That is just something that can be done when betting or gambling on professional wrestling. For example I could’ve put $10 on the Miz at 10-1 and if he won then that would mean $100 for me in return.

If I feel like being really risky then I will use odds like that to hedge. But if John Cena wins then you could’ve made a nice chunk of change if you played your parlays with patience. Of course if you do that and the Miz actually wins then you break even or lose just a little bit. Well I could’ve looked at that and said I have $100 to use to parlay John Cena once the odds became even to possibly make even more money.

From the outset betting on professional wrestling namely the WWE doesn’t sound all that smart. They offer the chance to pretty much gamble on anything you can think of and in a wide variety of ways. I’ve done well with hedging my bets and using parlays when betting on professional wrestling. That means that hypothetically you could’ve bet $10 on the Miz when the line came out and then $50 on John Cena right before the event and then been guaranteed to win at least $50.

For example at Wrestlemania XVII the Miz opened up as a 10-1 underdog and by the time the event came around it was even odds. The outcomes are mostly already predetermined prior to the shows and anybody willing to do some research and find the right sources can make themselves a good bit of money. If you have a good deal of self-control and are smart with money and numbers it can certainly be to your advantage. You can even bet on shows like American Idol and Dancing with the stars. When I say line movement I’m talking about how the books will shift the odds as people put more money on either side.

Gambling is often seen as an addiction the same as drinking and smoking to many people. If you want to gamble on the WWE then you need to keep up with line movement and possibly get used to hedging bets. . Here recently I had a good deal of success betting on pro wrestling and specifically Wrestlemania XVII. But in reality from a gambling standpoint it’s much better than doing so on a real sport