Showing posts with label basketball betting. Show all posts
Showing posts with label basketball betting. Show all posts

Monday, January 2, 2012

Bet on Horses Using Exacta Betting

Solid amounts of money can be won using exacta betting when a person would bet on horses successfully. The good thing about the exacta bet is that it is much safer and less risky than the trifecta bet or superfecta bet. Also, the variations of this type of horse bet are also quite safer.

You might like this type of bet on horses since it’s easy and convenient for most people.

Straight Exacta Bet

This is a wager on the horse that will place first followed by the horse that will place second in a race. The horses must take the positions in which order you specified exactly in order for you to win.

Otherwise, you lose your wager completely. Exacta bets are safer than making trifecta or superfecta wagers because you only need to pick the top two horses in order compared to three or four horses in order. If you want to decrease your risk even more and improve your odds of winning, read on about exacta box betting and exacta wheel betting.

Here we have a sample procedure in order to help you further with the exatcta betting style.

Let’s have a $2 Straight Exacta Bet

2$ is the minimum for most exacta bets. If this is your first time to bet on horses with exacta betting then please take our advice and bet the minimum since you are only starting out. When you’ve gotten the hang of it and understands it perfectly then go ahead and increase the amount of your wager.

Sample bet: A $2 Straight Exacta bet on horses 12-4 simply means you are wagering $2 where horses 12 and 4 will finish first and second in that consecutive order, respectively.

Exacta Box Betting

This is a variant of the exacta bet where it involves picking the top two horses that will finish the race in ANY order. This is a good bet since exacta box betting improves the potential of you grabbing the rewards because the order in which the horses’ positions you picked is not important.

Sounds great right? Of course it has a slight catch, it just costs more than a Straight Exacta Bet. ach possible winning combination of your Exacta Box bet costs $1. So, if you have a 3 horse Exacta Box bet, there are 6 possible finishing combinations of 3 horses. Therefore, your Exacta Box bet will cost $1 per combination, for a total of $6. The $6 amount is usually the minimum wager required to make a Exaccta Box Bet.

Bet on Horses through Trifecta Wheel Betting

Trifecta wheel betting is an advanced type of bet on horses where it is in fact a whole lot less risky than the traditional trifecta betting.

But why don’t we go down and analyze what trifecta wheel betting really is and perhaps we can use it when we bet on horses.

Trifecta wheel bet involves keying in a horse OR horses into the race’s eventual first, second and third place positions. Because bettors here are allowed to select more than 3 horses to finish in the top three positions in the exact order you specify, unlike the straight trifecta bet, it is considered to be easier and less risky.

It is very crucial that a bettor understands the “keying” concept of the trifecta wheel in order to make a successful bet.

First, start with the first place position. Select a horse or set of horses that can place first in your wager. For example, if horses 1, 2, 3, 4, 5 and 6 are in a horse race, you could choose any one of the six to place first OR some combination of the six to place first.

1st Horse Key Example:

Horses 2, 4 & 6

This means when the race is done and horses 2 or 4 or 6 places took the first place position then your first place trifecta wheel key is successful.

Second, pick your horse or horses that will place second and third, using the same procedure as the first key. You can pick any of the horses to fill your second and third keys.

2nd Horse key example: Horses 1,3

This means that once the race has ended and either 1 or 3 places second then your second place trifecta wheel key is successful.

3rd Horse key example: Horses 1,3 & 5

Again, once the race has ended and horses 1,3 or 5 took the third place then your third place trifecta wheel key has been successful.

There will of course be several winning combinations for you since you were allowed to choose more horses, as long as any of your horses took the winning positions then you should do good.

Trying out this type of bet is fun. If you want to practice with it without spending a dime then try sportsbook.com where you can learn it through trial with their dummy account for beginners. Once you have gotten the hand of it then you can create a new account and use real money for your betting activities.

Bet on Horses Breeders Cup

If there’s a racing event that makes horse bettors very excited then it’s none other than the Breeders Cup. This event represents the culmination of the American horse racing season, where the best up and coming horses are showcased for one last time. It is especially exciting to bet on the Breeders Cup during the doldrums of November while you wait for Thanksgiving football.

This is one of the best cups to bet on horses and bettors do prepare for this event my doing research and reviewing previous events.

The Challenge of Breeders Cup Yearly

This exciting event is very unlike the Spring Triple Crown events, which are single races, the Breeders Cup is actually a series of races that spans three days. This is a very attractive event since the purse for each race of the Breeders Cup is usually in excess of $1 million. Top race horses, breeders and trainers are definitely in it for the excitement and chance of winning. Each race is for a specific age and gender of horse, allowing horse racing’s youth a chance to shine among other top prospects. Horses that are successful at the Breeders Cup later go on to compete with the Big Boys (And Girls) in the late winter/early spring horse racing events, including Kentucky Derby Prep Races.

Anyone who wants to be involved and bet on horses during the Breeders Cup do research and ask themselves the following questions: Who bred them? (The horses, of course) Who trained them? Did the horse win in any race before? The Breeders Cup Challenge rewards savvy horse bettors, who are highly knowledgeable about the sport and keep themselves up to date with current events.

The Breeders Cup is also noted to attract people from all over the world. The interest of people in Breeders Cup is particularly strong in the Middle East, where countries like the United Arab Emirates have championship races of their own. Europeans and punters from United Kingdom, Ireland, and Scandinavia and beyond are known to bet on this series of races for excitement and the hope of making a few extra Euros for football betting season.

The hype about the this series has only grown over the past few years, even though the event itself isn’t as old as the venerable Kentucky Derby or any other Triple Crown racing event.

So if you too are interested in joining this cup then join a sportsbook online where they also have the Breeder Cup betting services.

Bet on Horses at the Preakness Stakes Betting Event

Perhaps you’re wondering what the events that are involved with horse betting are. Aside from the the regular horse races, we have Preakness stakes where people can bet on horses they choose.

Each May annually, particularly in Mid May, the top race horses, jockeys, trainers and racing enthusiasts in the nation gather at Pimlico race course in Maryland for the annual running of the Preakness Stakes. Preakness betting is included in sportsbooks online that offers people to bet on horses such as sportsbook.com. This very thrilling and adrenaline pumping race event for horses often don’t get the coverage that it deserves, despite being the all important second leg in the Triple Crown horse racing challenge, where the Kentucky Derby winner has to defend its title. The winner of this race gets an all expenses paid trip to the Belmont Stakes, not to mention taking a place in the long and detailed history of American horse racing.

That is why horse betting aficionados should pony up their bets at their favorite sportsbooks online and make this year’s Preakness Stakes one to remember and brag about, of course.

Rookies don’t have to be intimidated with this horse racing event since it’s just like any horse race events where people can bet on horses the way they know how. Wage types are the same. You can still bet on your favorite horse by using the bet types you are familiar with. One of the most popular bets is taking the Kentucky Derby Champion to win again at the Preakness. In this case, you’d be placing a “Win” bet, which pays if your horse is the outright first place finisher of the Preakness race.

The following are popular bets used in the Preakness betting event such as the basic straight trifecta or to bet on horses who will take the top three places and the superfecta bet where a bettor only needs to pick the top four horses in the correct finishing order.

Superfecta may be a bit complicated than the trifecta bet but it is considered to be cheaper. There are “ten cent” superfecta wheel bets and they are very popular among horse bettors. This is their way to hedge out their bets and minimize risks, while at the same time maximizing their payout potential.

Much like the Kentucky Derby, the Preakness Stakes at Pimlico is mainly a big party, with celebrities, VIPs, and horse owners crowded around the infield.

Tuesday, June 14, 2011

Unravel the Secrets of Handicapping in Sports Betting

Do you know who will win the game? The exact answer to that question is what all sports bettors look for when it comes to betting on sports. This question exist simply because of the fact that most sportsbooks conveniently place numbers on a game in order to balance betting on both sides, thus making your job of selecting the winning team harder. That is exactly what handicapping is about.

Handicapping is the practice of assigning an advantage through scoring compensation or an edge given to different contestants to make the chances of winning fair to both competing parties. The term can also be applied to the different approaches by which the advantage is analyzed and calculated, as well as to the methods by which the bettors can predict the outcome of the sporting event they are betting on.

It is not a walk in the park to win at sports betting with handicapping skills. It doesn’t necessarily mean that just because you’re a handicapper, the betting result would be in your favor. The fact is, handicappers don’t really earn or make a profit from their sports betting handicapping hobby. If you want to earn, here are the secrets revealed!

Keep away from bad numbers

Never bet on bad numbers if you want to succeed in your handicapping job. Look for handicapping lines in the sportsbooks you have signed up in, carefully observing and analyzing the lines and determining which way the line will move. You should shop for the best numbers first before putting down your money.

Less parlays and more straight bets

A lot of handicapping pros make the most of their sports bets as straight bets and not as parlays. Straight bets are considered the bread and butter in sports betting. That is why pros are commonly happy with the returns on their investments from 3-2 days or 12-8 weeks. They have recognized the fact that despite parlays providing quick scores, a season is largely consisting of steady 2-1 type days, and are more profitable than the big hits that parlays have.

Never chase your losses

This is a common problem with handicappers and gamblers alike. Pressing losses and raising the stakes in order to get back what they have lost is a great mistake. Always remember that there are times that you will lose, and raising the stakes won’t do you any good. Walk away when you have reached your limit, either by winning or losing and take a break, there will be another day. While in the mean time, you can use the free time you have to train more and study to improve your skills.

Monday, June 13, 2011

The Risks That Come with Arbitrage Sports Betting

The Risks That Come with Arbitrage Sports BettingWhat is arbitrage sports betting you ask? Well, it’s a betting technique on sports that generates guaranteed profits regardless of the outcome of the sporting event. A lot of professional bettors know this technique and they often use this as they take advantage of the truth that different bookmakers set different odds based on the opinion of the relative chance of the competitor for winning a single sporting event.


There are a lot of tips about arbitrage betting at wikisportsbook.com. Try to check them out if you wish to know about it. Although it may guarantee a certain profit in theory, there are some factors that can prevent the actual implementation of the arbitrage sports betting technique and may also impose certain risks to your arbitrage betting experience.


  • Maximum Limits on Stakes


A number of experts agree that the maximum stake limits usually placed by the bookmakers may affect your arbitrage sports betting strategy, and it may prevent you from placing your full stake while arbitraging. So before placing bets, check that none of the bookmakers you have registered with in the arbitrage have a maximum stake limit.


Also, don’t forget to note and understand that all the betting exchange prices are subject to some kind of stake limit. Therefore, before taking up arbitrage sports betting, carefully look at all the available liquidity options, including prices at the number two and three slots, and don’t make decisions based only on the best prices. There is no escaping the fact that there are some instances in arbitrage sports betting that all your money at the best price get hovered up.


  • Price Changes


Bookmakers offer various prices for every sporting event that’s why it is important to check the prices of bookmakers if they are still available. The point here is not to depend on those bookies that have their prices quoted in the racing post. Prices on the exchange can change very quickly, thus it is important to make sure that when considering arbitrage sports betting, you place any exchange bets first while the price lasts.


  • Crooked Bookmakers


There are a lot sports booking sites out there, but some of them may be scams. So, doing a bit of research and checking out reviews and what other bettors have to say to a site is very important.


  • Arbitrage Sports Betting Rules


There are different policies and rules various bookmakers maintain for setting bets on arbitrage sports betting with irregular outcomes. This will affect the outcome of the arbitrage bet you are dealing with that is why it is always good to check the rules maintained by the bookmakers before placing any bets with them.

Thursday, March 31, 2011

Make Your Sports Betting Online a Better Experience

Sports betting is fun and it is something I recommend to enhance the enjoyment of the games. Sports betting online is even more fun because of the easy and practical application of the concept. With sports betting online, you no longer have to leave your house to book a wager. Plus, sports betting online is great because you can do your research about a player or a team before making any final decisions. Offline sports betting is fun too, but it is slowly being replaced by sports betting online out of sheer convenience and the instant connectivity that it offers. However, sports betting online and sports betting in a bookie’s office still share the same basic tips which you should follow to be assured of a good experience and make profit. So, what we are saying is if you ever decide to dosports betting online, here are some tips that you should follow. Always have fun and remember to do this by betting smartly.

The first sports betting tip we have for you is about having good money management. Always have a set budget for your bankroll and stick with it. Apply discipline and the amount of your money will surely increase, making this hobby something you will enjoy for a long time. Only bet money with an amount that you can afford to lose, meaning stop betting amounts that are as huge as your monthly mortgage.

The second advice is before putting your money with your bookie, you should do your research. The reason why sports betting online is great is because many bigtime sportsbooks are now found online. You can compare them with just a few clicks of a mouse. When you bet on something like college basketball, you will discover that these sportsbooks have different numbers so get the best one that will have a bigger payout.

The thirds advice is that you should not drink and gamble. You will not be able to make good decisions, plus it might leave you with an expensive hangover.

The fourth thing which we want you to follow is doing your homework. Research on everything you can about the sports you want to bet on.

The number five tip in this list is to always check the odds. First, make sure you know what odds are and how sportsbooks use these odds. Again, check the different sportsbooks for the best odds as one offers different numbers from the others. When it comes to betting big amounts of cash, it is more important to check the odds first because it can result in a big difference in the total of your payouts.

How to Do Basketball Betting in the NBA Preseason

If you are a basketball fan, you know that basketball is great, exciting and fun. Millions of people just love basketball, specifically the NBA games! It is the ostentatious display of smart strategies, the mad basketball skills and the amazing athletic performances that always keep me hooked on the game. Plus, there are a lot of great NBA personalities to watch out for on and off the court. Now, if you are a basketball fan like me, you might want to try and up the excitement. You can do this by getting yourself involved in the exciting world of basketball betting.

What is great about basketball betting is you can bet on the game whether or not the NBA season has begun. If bookies see an opportunity to raise money, then you can be sure that they will have basketball betting action ready for you. The NBA preseason is an opportunity to drum up business for bookies so NBA preseason betting is something that you can participate in. However, it is important to note that the bookies do limit their offerings to just taking this as a side wager with the exception of one or two sportsbooks out there. The NBA basketball betting preseason shares some of the concepts of NFL preseason betting in the sense that you choose whichever team you would want to win. If a coach really wants to dominate the preseason then the coach can put the better players, the superstar players, to play for a longer duration of time.

So, the fact that home teams will perform phenomenally well in their home court during the NBA preseason show comes as no surprise. In data taken from the NBA 09 - 10 preseason, the numbers show that the home team wins in an 18 - 5 straight up game. We all understand the logic behind this. If you are in a basketball team, or any sports team for that matter, playing at home is inspirational and you get motivated by the energy of your fans in the home crowd so players work harder and perform better.

Another common aspect of NBA preseason basketball betting is the planning of game strategies by the coaches beforehand. When you find a basketball team eyeing players that will make the cut to join the team, the coach will say this as early as preseason.

When a basketball team gets poor records or poor attendance in the previous season, studies show that when it comes to home court, the players will be performing better. Try doing your own research and take in all the data you will find. You’d actually be surprised on all the useful facts you’ll find out there.

Tuesday, January 4, 2011

More NBA Betting Strategies for 2011

The new year is here and in this decade your luck can change. This includes the luck you get when it comes to NBA betting. So, to guide you through the new year, here are some NBA betting tips we have gathered from professional bettors and sports journalists. We hope you can use it for luck and for money this new year!

More NBA Betting Strategies For 2011 Tip # 1: Always check for the moneyline on the small time teams and the NBA underdogs.

You have probably heard of this NBA betting tip before, but it is good to repeat it because it is an effective process to follow. Being interested and rooting for an underdog team is always a good strategy, may it be basketball or football.

Of course, betting on an NBA underdog is always something you have to analyze well. If you deem that your payout will be great and the same goes with your calculations of the team to win (or just the fact that there is value found in doing so), you should totally bet on the moneyline and on the NBA underdogs whether they be big underdogs or small ones.

When you bet on the moneyline for small underdogs, you have a huge chance of getting positive odds, however, your break even point would have to be lowered down to below the fifty percent range. This means that you do not need to win fifty percent of your bets on the moneyline team underdog to make a tidy profit.

One thing you have to be aware of though, is the NBA teams are called underdogs for good reason. So, it’s not like you betting on the underdog guarantees an easy win in NBA betting. Logically, it is still a risky gamble but it is something of an option for you. The only point of the tip is you can always find some form of value in rooting and putting NBA betting money on the underdog, so be not afraid to do so.

More NBA Betting Strategies For 2011 Tip # 2: Give the underdog +3 more or less when you decide to put money on them. This give you a ballpark figure on whether it is a wise bet or not.

More NBA Betting Strategies For 2011 Tip # 3: Long road trips in the NBA matter.

This is a useful tip that looks like just a random fact about the NBA and their players but can play an integral role in the winning or losing of a team. NBA teams have to engage in road trips right? Well, these road trips can be pivotal for a team to win or lose a game. Research on the team’s current performance and how long the NBA team has been out playing. If a great team loses to a slow team just because the former played on the latter’s home court, well you’ve got a tired team right there and the underdog NBA team might just win the game in this case.

However, the odds make will take this information into consideration as well and will include it as bookmakers set the line.

Some NBA Betting Tips You Should Remember in 2011

The new year is here, so out with both the lowlights and highlights of 2010 and in comes new luck, new hope and new possibilities.

NBA betting can only be better if you practice one golden rule: always read up on news and data regarding your favorite game. Learn about the latest happenings and use these facts to make a logical decision on which team to put your money on. That being said, here are some NBA betting tips you should follow this 2011 so that you not only enjoy the game which millions of people around the world love, you can win some money off it as well!

NBA Betting Tips You Should Remember in 2011 # 1: Always check the injured list.

This is a process in NBA betting which a lot of people ignore and can be the cause of major money loss. Always check the list of injuries because you might be checking out an NBA line up only to find out that the team has changed because of an injury.

NBA Betting Tips You Should Remember in 2011 # 2: Just because it is a major event doesn’t mean you should bet on it.

We love the NBA because of the players' athleticism and life stories. The off-court stories of these NBA stars are just as interesting as the on-court action. So, you can imagine that each big time NBA game participated by teams with popular players can draw such media hype, which is especially true for TV broadcast. These much awaited NBA events may appeal to you as a viewer and a fan; but as a wagerer and one that participates in NBA betting, do not get carried away with the hype. Do not be the type of gambler who puts his money on all big NBA TV events. When there is a big NBA event, you can be sure that sportbooks will try to attract people by adding a handicap to your favorite team or they will have very sharp lines to attract more bettors. So sometimes, what we recommend is for you to bet on the underdog as sportsbooks will more likely be shaving a point or two to the more popular team. Just be wise and as always, analyze before you invest any kind of money on NBA betting.

NBA Betting Tips You Should Remember in 2011 # 3: Give attention to overnight lines.
Be aware of the overnight lines. Hardcore NBA betting gamblers pay attention to overnight betting lines and they make money out of it. The trend nowadays is for sportsbooks to have overnight lines. If you are diligent enough, you can find +EV situations and make money.