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November 4, 2013 by  
Filed under Sports Betting Tips

Welcome! This website is dedicated to making your betting much easier, whether you are looking to place bets on sporting events or you would rather play at the casino. We have an assortment of betting tips that will help you become proficient at whatever you want to improve at or simply learn from scratch. You can learn ways to help your odds against the house in blackjack or betting systems and handicapping for placing your bets on the NFL.

We are here to help you, the avid bettor that wants to improve and learn, so take a look around and find anything that can help your odds!

Casino Betting Tips

A big part of our tips section comes from the casino and the wide variety of games that are offered at most online casinos. There are many new, or even experienced, players that have not sat down at all the different tables and games that are available. This means that not only do you need to know the general rules of each game, but you also want to know the different strategies and tips that you can use to help yourself win. Playing at any casino should be fun, so always focus on that aspect first, then you can focus on winning money.

Remember to enjoy what you are doing, as it will pay off in the long run.

Sports Betting Tips

The other half of our tips section is dedicated to sports. This is a perfect section for any sports fan that wants to start placing bets on their favorite sport and/or team can find exactly what to look out for. We give you several different tips, including:

  • Betting line tips
  • Prop bet tips
  • Handicapping methods and strategies
  • Betting systems that you can use or modify to fit your needs

All of that and more, explained in an easy to understand manner so that you can start placing your bets like a pro after a short while. Remember, experience is a sports bettors best friend, so always gain more experience when you can.

Online Sportsbooks

We also offer you a great place to find an online sportsbook, or two, that will fit your needs and wants. You will get in-depth reviews of each of the top sportsbooks available online right now. This will help you narrow down which you prefer without having to sign up beforehand. Getting a rough guess of what you can expect is a great tool to use, so be sure to take advantage of it.

Football

We like to focus on one of the most widely viewed sport in the U.S., football. Here you can find all the latest news post about what is happening in the current NFL season, including match recaps, match analysis, upcoming match previews, and much more.

Glossary

This is the best tool for any new bettors that want to understand what everything means, whether you are at an online casino or placing a few bets at your sportsbook. Being able to understand what every betting term means will allow you to place more confident bets, instead of just guessing and placing a wrong wager. Take a look at the glossary any time you don’t understand a term floating around online and gain the knowledge to place a bet or avoid placing them.

Just remember to have fun and enjoy what you are doing, whether playing craps at the online casino or wagering on the Denver Broncos to win the Super Bowl. We are always here to help you better understand what betting is, and how to get better at it.

Baccarat Playing Tips

October 31, 2013 by  
Filed under Sports Betting Tips

Baccarat is a casino card game that goes relatively unnoticed by many, as they rush for the poker and blackjack tables. However, what most casino players do not understand is that you can make quite a profit from playing baccarat, and it has some of the better odds of winning than most other casino card games. These are a few tips that you can use before and during your baccarat game, but remember, nothing is 100% effective when gambling, especially in game where most of it is luck.

Tip 1: Betting the Banker; Never the Tie

You may have heard of this tip many times before if you have ever encountered anyone playing baccarat. The reason for this is the house advantage. The house advantage is the odds the casino has of beating you, and the lower it is, the better it is for you. There are a total of three possible bets when playing baccarat, Player, Banker, and Tie. Each one of these bets has a different house advantage:

Bet House Advantage
Banker 1.17%
Player 1.36%
Tie 14.12%

Looking at the advantages of each bet, we can already see that betting on a Tie has horrible odds of actually happening. Whenever you place a bet on the Banker or the Player you get a pay-out of 1:1, but with a Tie you get a pay-out of 8:1; 9:1 depending on the casino.

This is why most seasoned baccarat players tend to play it the safest possible and place their bets on the Banker. Now, this does not guarantee that you will win all the time, but it does give you better odds of winning more times than losing.

Tip 2: Practice!

There is a huge difference between baccarat and other card games, like blackjack, and that is the fact that you simply cannot count cards, or find an effective betting system that will allow you to rake in the cash. There are plenty of free and available online casinos that you can go play baccarat. This is where you can take advantage of this and practice. This will help you do several things:

  • Get comfortable with how the game is played
  • Practice makes perfect, and you will be less likely to make mistakes
  • Gain experience on certain patterns that can arise

Always use the tools that are available, especially if they are free.

Tip 3: Beginners Must Learn

If you are just starting out, and have no idea what baccarat is or how it is played, you need to read up on the rules and the gameplay. This is highly important, as it will teach you the basics of how the game is played. Baccarat isn’t a game where you can simply sit down and you will understand what is happening; it doesn’t have the general knowledge of how to play like blackjack or poker out there is the widespread media. Trusting your gut and just winging it will only bring you misfortune and an empty wallet.

Tip 4: Mini Baccarat

One great variation of baccarat is mini baccarat. It uses the same rules as baccarat, but comes with some great perks, making it perfect for those that are just only beginning to play. They can get the feel for the game, while not having to spend too much money as mini baccarat tends to have lower table limits.

Tip 5: Number of Decks

You may not think that the number of decks that a baccarat table plays with is relevant, but it is quite the opposite. Just like with blackjack, the number of decks increases or decreases your chances of winning or at least getting a good hand. Most of the baccarat tables play with a total of 8 decks, but if you are able to find a casino that offers baccarat with fewer than 8 decks, play on those tables.

There isn’t much else to talk about, as baccarat is quite simple after you get to understand how it is played. All that is left is for you to start practicing and playing, and always keep these tips in mind.

Round Robins

October 22, 2010 by  
Filed under Sports Betting Tips

A round robin is a method that allows you to create multiple Parlays at one time. Depending on the sportsbook you visit you can choose between 3 and 12 teams and then create parlays using all possible combinations of those teams. Round robins are an effective wagering option because usually you will only need to win one of your parlays to cover the money you are risking on all the others. And if you hit more than one of your parlays your profit goes up even more.

Sign and get Betting Now

It’s a bit hard to explain a round robin in words. An example is the best way to illustrate the concept. Let’s say that you believe that each of these three Major League Baseball teams will win their games on the same day;

[email protected]:05pm Philadelphia Phillies -1½ (+150)
Game must go 9 innings (8.5 if home team is ahead) or this pick is NO ACTION.
Jo Jo Reyes (L) must throw first pitch for Atlanta Braves or this pick is NO ACTION.
Kyle Kendrick (R) must throw first pitch for Philadelphia Phillies or this pick is NO ACTION.

[email protected]:05pm Cleveland Indians -1½ (+170)
Game must go 9 innings (8.5 if home team is ahead) or this pick is NO ACTION.
Justin Duchscherer (R) must throw first pitch for Oakland Athletics or this pick is NO ACTION.
Paul Byrd (R) must throw first pitch for Cleveland Indians or this pick is NO ACTION.

[email protected]:10pm New York Mets -1½ (+105)
Game must go 9 innings (8.5 if home team is ahead) or this pick is NO ACTION.
John Lannan (L) must throw first pitch for Washington Nationals or this pick is NO ACTION.
John Maine (R) must throw first pitch for New York Mets or this pick is NO ACTION.

Instead of putting together a three-team parlay and needing all three teams to win in order for you to win any money, you can place a round robin bet. The round robin creates every possible two-team parlay from the three teams that you are favoring.

First parlay:
Philadelphia Phillies -1½ (+150)
Cleveland Indians -1½ (+170)
Risk $10 to win $57.50

Second parlay:
Philadelphia Phillies -1½ (+150)
New York Mets -1½ (+105)
Risk $10 to win $43.00

Third parlay:
Cleveland Indians -1½ (+170)
New York Mets -1½ (+105)
Risk $10 to win $45.40

Since each parlay carries a $10 wager, the total amount you are risking for all three parlays is $30. The maximum payout would be $146.10 assuming all three parlays hit. But you can also see that if even the lowest paying parlay hit while the other two lost you would more than cover the losses with your winnings.

Since in this example the odds for all three teams are different from the standard line of (-110), you would be using true odds to obtain the payout information on each parlay. We have already calculated them and shown you the results in terms of winnings on a $10 wager. But you can review our article on Parlay Odds if you want an exact method of calculating them.

Our Tips on Betting The Money Line

October 12, 2010 by  
Filed under Sports Betting Tips

Here is a great tip: When you simply want to bet on one player or team to win a game then you are betting the money line. If the team you bet on wins the game, then you win your bet. This happens regardless of how many points separate the winner from the loser. Since one team is almost always considered the favorite, the odds are adjusted to reflect this. You don’t win as much by betting on the favorite because the bookmakers expect them to win. Here’s an example of money line odds on an NBA game between the Boston Celtics and the Atlanta Hawks where Boston is the favorite;

Boston (-330)
Atlanta (+400)

What do these numbers mean? Well, a ‘minus’ in front of the money line indicates that this team is the favorite, while a ‘plus’ sign indicates the underdog. If you wanted to bet on the favored Boston Celtics, you would have to bet $330 for the chance to win only $100. If you wanted to bet on the underdog Atlanta Hawks however, you would only need to risk $100 for the chance to win $400.

Betting the money line is a great way to win a lot of money if you have a strong instinct that the underdog team is going to win the game. In one 2008 NBA playoff game the Celtics did in fact play the Hawks, and in one game of that series the money line on the Hawks was (+4000). If you had bet $100 on the Hawks that day and they had won the game, you would have made $4000!

In the famous Super Bowl upset of February 2008, the New England Patriots were expected to defeat the New York Giants by a wide margin. The money line on the Giants was about (+330) that day. But the underdog Giants beat the undefeated Patriots. If you had bet $100 on the Giants in that game you would have gotten your $100 back plus you would have been paid an additional $330 in winnings!

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There are instances though where neither team is the favorite. In these cases the moneyline would be about (-110) for both teams, meaning you would risk $110 for the chance to win $100. Risking $110 to win $100 is the standard bet for almost every sportsbook when two players or teams are evenly matched and neither is the favorite. You might be wondering why you aren’t allowed to just bet $100 for the chance to win $100 in an evenly matched contest. For an explanation of why the books require that you risk $110 to win $100, see the section titled How do Sportsbooks Work.

Now it so happens that risking $110 to win $100 is also the standard for point spread bets. The reason for that is very simple. It’s because with a point spread, extra points are given to the underdog in order to make the game once again more or less evenly matched. Take a look at the section on The Point Spread for more on this subject.

The Point Spread

September 30, 2010 by  
Filed under Sports Betting Tips

Most of the time in a sporting event, one player or team is the favorite, and the other player or team is the underdog. The favorite is, of course expected to win. The point spread is the number of points that the favorite is expected to win by. So how does that figure into the betting scene?

Well, let’s say that the Pittsburgh Steelers are expected to beat the Baltimore Ravens by about 7 points. You probably can guess that you couldn’t bet $100 on the Steelers and then expect to win $100 if the Steelers win the game. That would be known as “even money”, and the odds of the Steelers winning are just too much in your favor to justify paying you that much. Instead you would probably have to risk perhaps $200 on the Steelers in order to win $100 with a Steeler victory.

But most sportsbooks want to level the playing field so to speak, and create a situation where you can bet even money, or pretty close to it. The reason why they do this is explained in the article called How do Sportsbooks Work and it’s a very simple reason. Sportsbooks can accomplish this goal of offering “even money” even when one team is clearly the favorite. They do this by giving enough extra points to the underdog so that the game turns into a toss-up more or less.

In the case of the example above, the Ravens would be given perhaps 7½ points. Since the Steelers are about a 7 point favorite, giving 7½ points to the Ravens makes it almost as likely that a bet on the Ravens will win as a bet on the Steelers. Here’s what the Point Spread would look like;

Pittsburgh Steelers -7½ (-110)
Baltimore Ravens +7½ (-110)

This means that at the end of the game you take the Ravens score, add 7½ points to it, and compare that to the Steelers score. If the Ravens total is higher than the Steelers and you bet on the Ravens using the point spread then you would win your bet. If the Steelers total was higher however, and a player had bet on the Steelers then that player would win his bet.

Supposing that the Steelers beat the Ravens by a score of 24 to 17. You would take the Ravens score of 17 points and add 7½ points to it for a total of 24½ points. Since the 24½ points is higher than the Steelers score of 24 points, you would win your wager if you had bet on the Ravens. For every $110 you bet on the Ravens you would win $100, plus of course you would get your $110 wager back.

However if the Steelers had beat the Ravens by a score of 24 to 16 it would be a different story. The Ravens total would then be 16 + 7½ or 23½ points which is lower than the Steelers 24 points, and anyone betting on the Ravens using the point spread would have lost their wager. In such a situation, the Steelers would be said to have “covered the spread” since they beat the Ravens by more than the point spread. A $110 bet on the Steelers would win $100 in that case.

You are probably asking yourself why the point spread is 7½ points instead of just making it 7 points. The reason for this is based on the fact that you cannot score ½ point in Football. If the point spread is a fraction like 7½ or 10½, then every bet will either be a winner or a loser when the Ravens points are compared to the Steelers points at the end of the game. But if the point spread was 7 for example and the Steelers won by 7 points then the result would be a tie.

If a bet is neither a winner nor a loser but is instead a tie, it is called a “push”. This means that your wager is returned to you – you win nothing and you lose nothing. Actually there are certain cases where the point spread in football is given in whole numbers, but you generally see spreads in ½ point increments in order to guarantee that you don’t wind up with a lot of bets turning out to be “pushes”.

Enjoy Betting the NFL Season

You should be aware that although (-110) is very typical for odds on a point spread, it is not the only odds that can be offered. Also, sports like NBA basketball are much more likely to give point spreads in whole numbers. That’s because so many points are scored in pro basketball that having one team beat another team by the exact point spread is not nearly as likely as it would be in football or baseball. Take a look at the betting lines for this NBA game;

Detroit Pistons +6 (-115)
Orlando Magic -6 (-105)

This is an example of a point spread in which the odds are slightly different than the standard (-110). For this contest you would need to risk $115 to win $100 if you wanted to bet on the Pistons. But you would only need to risk $105 to win $100 if you were betting on Orlando. The reason that these odds are different is probably that the sportsbook wants to get more bets on Orlando. They encourage this by making the odds for Orlando a bit more attractive while at the same time they make the odds on the Pistons a bit less attractive.

Sports Betting Tips – The Over/Under

September 14, 2010 by  
Filed under Sports Betting Tips

Very simply, the Over and the Under are wagers that you make on the Total. The Total is the number of points scored in a contest by both teams or players combined. To give an example, here is what the typical Over and Under betting lines might be for a major league baseball game;

New York Yankees vs. Detroit Tigers
9½ (-125)o (+105)u

In the above example, the Total is 9½, the Over is (-125)o, and the Under is (+105)u. The sportsbook is guessing that the number of runs scored by the Yankees plus the number of runs scored by the Tigers will be about 9 or 10. They list the Total as 9½ however for reasons also discussed in the Point Spread article. The setting of the Total as a fraction means that anyone betting on the Total will either win or lose. That’s because you cannot score ½ point in baseball.

Bet the NFL Regular Season at Bodog Sportsbook

If you believe that the total number of runs scored by the Yankees and the Tigers will be 10 or more then you would bet the Over of (-125). You would risk $125 for the chance to win $100 in this case. On the other hand, if you think that the total number of runs will be 9 or less then you would bet the Under of (+105). If you did that you would be risking $100 for the chance to win $105.

Assume that the final score of the baseball game is New York 6, Detroit 4. The total number of runs scored in the game is thus 10. If you had bet $125 on the Over you would have won $100 from your bet because the actual total of 10 is “over” the Total of 9½ runs listed in the betting lines. But if you had bet the Under, you would have lost. Of course, if the score was New York 5, Detroit 4, then any player who bet the Over would have lost. But betting $100 on the Under would have won $105 since the actual total of 9 would be “under” the betting lines Total of 9½ runs.

Over and Under bets can be made on just about any sport. Boxing matches often have Over/Under bets on the number of rounds that the boxing match will last. And most other sports also allow you to bet the Over or the Under based on the score halfway through the game. You can even bet the Over and the Under on the total points scored by just one team, although these would usually appear under “Team Props” rather than under the betting lines for the game.

Bankroll Management

September 7, 2010 by  
Filed under Sports Betting Tips

Supposing we were to tell you that every time you bet on a sports event you are betting too much. You would probably wonder how we can say that without even knowing you! But the fact is that very few sports bettors are placing the correct amount of money when they wager, and therefore we can predict with pretty good accuracy that you fall into this category. Does this seem like a gross generalization to you? After reading the rest of this article on money management you might not think so.

Bet the NFL Regular Season Now – Click HERE

Assuming that you have done enough research into the sport you are betting on and that you know with a good bit of certainty that you can pick winners even slightly better than 50% of the time there is no reason why you should not make money on sportsbetting. We have already seen that a winning percentage of 53% is sufficient to profit from sports wagering when standard odds are used. But one more thing needs to be taken into account when deciding how much of your bankroll to wager. You must realize that winning and losing your wagers often comes in streaks. Winning streaks are no problem, but a losing streak can wipe out your bankroll if you have not learned to manage it correctly.

The laws of probability and statistics are well known to many gamblers, especially those betting on games with a highly mathematical structure such as poker. But are you aware that the same knowledge of how those odds apply to money management is vital to your success at sports betting? Most people are not. You might be cautious about the kinds of investments you place your retirement money into, but take more risks when it comes to betting on sports, and that just makes no sense. If you wouldn’t put 20% of your nest egg into a stock that has a 50% chance of doubling tomorrow but also has a 50% chance of losing all its value then you probably shouldn’t be taking that risk with your sports wagers.

Let’s say you have set aside $1000 for wagering on NFL football this season. The first weekend of the season features a rematch between last years AFC champion and a team that started the season 0-5 last year and wound up going 5-11 in regular league games. The moneyline is (-250) for the former AFC champs and you are confident that they will win. How much do you bet? If you said something like $200 then you are making the most basic of errors in bankroll management. Placing 20% of your total on a single game is a strategy that almost guaranteed to bankrupt you before long. The possibility of losing 5 consecutive bets at some point in the season is by no means far fetched, in fact history shows that it is much more likely than not.

If you came here thinking that our articles on sportsbetting were going to give you a method of getting rich quickly on sports wagers then you haven’t yet grasped the principles we advocate. We believe that a patient, steadfast approach to betting on sports using odds that have been well researched and are known to be favorable will allow you to slowly but steadily increase your bankroll. Our advice is to normally bet 2% of your bankroll on any given game. In no case should you ever risk more than 5% of your bankroll on a single event, and even then it should be done only when you have received very good odds on a team that has a huge edge in power rankings. To see how this plays out in actual practice look at the following bankroll management plan.

Bet the NFL Regular Season with Bodog Sportsbook

You have decided that you can afford to set aside $5000 of your hard earned money for sportsbetting, and your sport of choice is NFL football. Your plan is to wager on 6 games each week of the regular football season. With a 16 game pro football schedule, you will be betting on a total of 96 games. Based on your ability to find good deals among the betting lines and your overall knowledge of all 32 pro football teams, you feel confident that you ought to be able to win 55% of your bets. We will assume for the purpose of this exercise that you are betting with odds that are fairly close to the standard line of (-110), or that at least you are taking points or price on the underdog in about the same number of games that you lay bets on the favorite.

At the end of the regular season, a 55% success rate will have resulted in 43 of your bets being losers and 53 bets being winners. If you have been risking only 2% of your bankroll on every game you will have been betting about $100 a game. Obviously if your bankroll has increased as the season has progressed your bets may exceed $100 but they will be pretty close to that in any case. Since you have a net gain of 10 winners on the season, your bankroll has increased 10 x $100 or about $1000. That’s a 20% return on your money, and that’s only for the half of the year that football is in season. If you look at that as an annual return it comes to 40% interest on your money!

If you have any doubts that even a 20% return on your money is a good deal, go talk to an investment adviser and ask him how much he can expect to get for you with a diverse portfolio of stocks. What you will find is that betting on sports can give you a tremendous return on your bankroll compared to traditional investments, and it can do this even with only a conservative rate of success. The key is not to get greedy and start betting more money than your bankroll warrants. If you believe you can exercise the discipline and restraint needed to bet intelligently on sports for the long haul, you have an excellent chance of making good money at the sportsbooks.

Sports Betting: Keeping Finances Straight is Very Important

August 17, 2009 by  
Filed under Sports Betting Tips

When it comes to sports betting it can be easy to want to throw all of your money in there, especially when it comes to your favorite teams. If you know that your team is a sure thing (or at least feel like they are), there is nothing wrong with placing a sure thing bet on them. In a way, it’s kind of like giving them a vote of confidence. When it comes to managing your money when gambling it is important to remember that you are in it to win it, not to lose everything. If you put everything down, you may lose it.

One of the best rules of any type of gambling is to never bet more than you can afford to lose. If your finances are a shambles, you may not want to leave your bankroll management to yourself. It may prove to be a difficult task, but it might be more difficult to resist temptation by throwing it all in there when the odds are in your favor. Imagine the devastation you would feel if you do lose.

Good management of your bankroll is important, especially when you bet on sports on a regular basis.  There is no secret to effectively managing your bankroll. The bottom line is that you don’t ever want to bet more than you can afford to lose, but you want to bet enough so that when you win your winnings are substantial. Take your time, make the best choices possible, do your homework, and make conscious decisions about what you can and can not afford.

Basic Sports Betting Tips

August 11, 2009 by  
Filed under Sports Betting Tips

Here is our introduction to betting on sports and some solid betting tips and suggestions.

Sports betting is one way that sports enthusiasts can enjoy the game of their choice. For some people, sports are nothing more than a simple game or tournament to enjoy. For others, sporting events are ways to enjoy the game and profit from it a bit in the meantime.

There are several ways in which people can bet. Some people place bets with official bet collectors, but this is difficult for many beginners. A sports book is a place where people can place bets on any sporting tournaments, from the Super Bowl to a football match in Spain. There are different ways of placing sports bets. Sometimes the bettor will make predictions of who will win the game, and by how much.

Betting against the odds is an easier type of bet and one that is much more well-known. This is easy because it is simple and common: the gambler makes a bet on who will win and who will lose a given sporting event.

Over-under betting is also a style of betting that people employ with sports bookers, although it is not as common. With an over-under style of betting the person making the bet gambles that the full amount of the bet will go a certain amount over or under the total that the booker has stated.

Most people place sports bets with people that they know. Friendly betting is one of the most common forms of betting, done at work, done at school or among social circles. Whether you choose to use a sportsbook or do some simple betting with friends it is important to be responsible and choose wisely.