Monday, September 28, 2009

Sports Wagering

Five Tips to Becoming a Successful Sports Bettor

You may have heard someone bragging that they picked 9 out of ten NFL games last week or managed to take a three-way parlay to the bank or engineered wins in both the daily double and trifecta at the track. Wow, what a great day that gambler had! Now, ask them how they did the rest of the year.

The fact is that anyone can hit on a bet every once in a while, but in sports betting, where the top pros are right 60 to 65% of the time, it takes more than one day of luck to turn a true profit. Sports betting may not be a science, but it is a discipline and it does involve research, analysis and skill. If you want to be a successful sports bettor, here are five tips that will start you and keep you on the right track.

Become a Student of the Sport
Successful handicappers are experts in one or two sports. First, don't bet soccer or the horses if you don't follow soccer or the horses. You must know the rules, strategies, players, coaches, trainers, venues and much more of any sport on which you're going to wager. That means reading previews, keeping abreast of daily developments and engaging in detailed analysis. You should always be open to learning something new and taking your understanding to another level. Become an expert and then a guru.

Treat it Like a Business
If you really want to make money on a weekly basis, then you have to treat sports betting like it's a business. Why? Because it is a business. Sports betting is not about hunches, it's about weighing evidence, that includes stats, injuries, depth analysis and much more. Keep files on teams, your wagers, your successes and failures and analyze your performance. If you're constantly losing, you have to figure out why. If you don't, you run the risk of going broke, going nuts or going to jail. Sports betting is a business and should be treated as such.

Manage Your Bankroll
It is extremely important that you track every single wager, including how much you bet, how much you won or lost and your resulting balance. Be careful in deciding how much you're going bet. If you have a $500 bankroll and you're making $50 wagers, that grubstake will be eaten up quickly. Make small wagers and if you win, then loosen up the bankroll a bit. But don't go overboard and don't start making desperation wagers in order to make up for losses.

Don't Make Crazy Bets
By crazy bets, I mean the following-exotics including parlays, futures, mixed parlays and various props. If the odds are long, then you should stay away from them. Focus on making single wagers on specific games in one sport. Moneyline, point spread and over/under wagers are all sensible and winnable. You won't make a killing on any one of these wagers, but when gambling on sports, they are your best bet. If you make some solid cash then designate 5 to 10% of your winnings (not your bankroll) for long shot wagers.

Never Bet When...
Say this as if it were a prayer, it could save your gambling life. Never bet when you are desperate, drunk, high on drugs, depressed, tired, angry, stressed or under-informed. Never do that. Never.

If as a sports bettor you're looking to have a few laughs and drop some cash on a game or two, then do so. Have a ball. You could win a few bucks and then lose a few or lose even more. But don't expect to earn consistent cash from your efforts. In order to do that, you have to become a true student of the game and an astute businessman, managing your money, making sensible decisions and keeping your emotions in check.

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Thursday, September 17, 2009

Online Casino Games

A Few Ways to Win Online Casino Games by Kenny Wilson

Casino games are called 'the game of chance'. There is no hard and fast rule that can guarantee your win but there are little ways which can try and divert luck on your way and give you a better scope of winning the game.

Let us have a look:

This is the first and foremost tip which one needs to give importance. Do not play at any site that you come across on the World Wide Web. Make sure your online casino website has the seal of 'play it safe' by "eCommerce and Online Gaming Regulation and Assurance" (eCOGRA). This seal is a symbol that the site is responsible and meets all the standards that is expected of a proper website. Also check out whether your casino website has a license and regular audits. Check out the reports of payouts to confirm the latter.

Do not hesitate to accept and enjoy the free offers and welcome packages, promotions, bonuses and free stuff offered by the online casino websites.

There are wide ranges of casino games available in the internet on various websites. You can make your pick from the different strategy - based, luck - based, simple and complicated games. But before playing a real game it is always wise to be thorough with the rules, strategies and the different odds in the game that you might face. Play the tutorials first without betting real money so that you don't face a problem when you are in the real game.

Setting your bankroll is the first step. Bankroll is the money which you are prepared to lose. Don't lose all your bankroll in the initial part of the game. Do not bet all the money otherwise you will not have anything left to play with. And if you lose all your bankroll, its better to stop right there and not start gambling with the rent money. It is dangerous to do that so, chalk out your limits and stick to them no matter what happens.

Online casino games are an exclusive form of entertainment. Be there at the site to play and enjoy yourself and not to get frustrated with the loss of a game. Losing is a part and parcel of all kinds of games. Online casino games are no exception. So accept the fact and be positive. This way you will find yourself pocketing more wins!