Article by Yvonne M. McAbee, a sports betting fan who endeavors to help others enhance their sports betting skills. For articles on sports betting and reviews of popular sports betting systems and sports investment services visit his site at http://www.mytravelsrbija.com
Erickson is a compulsive gambler, a condition just as dangerous and debilitating as drug or alcohol addiction. There are an estimated 6 million people who deal with the problem in the United States. Drawn in by the popularity of poker, half of all men in college are gambling on an monthly basis — even though betting on sports is illegal everywhere in the U.S. “It becomes an all-consuming activity. I got to get myself out of it.
“I think it’s a devastating illness, it’s an illness that if it’s not treated, it will end up that the person’s whole lifestyle will be affected,” said Ed Looney, executive director of Council on Compulsive Gambling of New Jersey.
The problem is affecting younger people as well. People love to bet on it. Win or lose, it didn’t matter to me, it just set me up to bet again.”
The situation became so dire, that Erickson contemplated killing himself. The sharing of experiences with friends, family, like I’ve never seen before. These are things that I avoided my whole life, not choosing to be a part of, but today I cherish them.”. “But I thought this must be what I have to do. That will always be there. And when they caught on, he left his family and fled.
“I became this person I didn’t know,” he said. Then, it’s March Madness, where many participate in an office betting pool.
If you or your loved ones has a gambling problem, help can be found at the National Council on Problem Gambling.
Mark Erickson always craved a piece of the action — so the accountant from Phoenix started betting on sports over the Internet.
Nevertheless, the industry rakes in mind-boggling amounts of cash.
After 23 days on the run, Erickson turned himself in. “The miracles I’ve experienced. He considered going to Mexico and if he couldn’t kill himself there, he’d pay someone else to do it, he said.
“Life is great,” Erickson said. As gambling on the Internet becomes more popular and more sites crop up, those numbers are expected to increase.
“I’ve heard other people compare it to a cocaine addiction, the high you get m88 from that, and that’s the euphoria I felt,” he said. The college bowl games this weekend lead to the NFL playoffs and the Super Bowl. I got myself into this. People love to bet on their football games.”
It is now high season for sports betting. By some estimates, $7 billion is wagered on the Super Bowl alone in casinos, online and with bookies.
Three and a half years ago, Erickson accrued $400,000 in gambling debts. The lining up the money, the handicapping of the game, the betting of the game, the watching of the game. Desperate, he began stealing from his clients. He credits a 12-step program to helping him overcome his problem, and he has not gambled in almost four years.
But soon, it spiraled out of control.
“Sports betting is the rock of Gibraltar,” Looney said. He served a year in prison and now works for a compulsive gambling helpline. “It’s American, like apple pie
Aside from food, friends, and beverages, there’s no better way to increase the fun had during the NFL draft than by placing small bets with your friends. For this game, each person should make a mock draft of the first round (picks 1-32) and bet $10. Doing any or all of the following games or activities is a great way to stay invested in each and every pick and keep the energy level high.
Game 1: Betting Bowls
Wide Receivers drafted in round 1 OR Pick number at which first Wide Receiver is
The number of the first pick traded OR the number at which the first Running Back is selected.
Number of trades in the top 10 picks of round 1 OR number of trades in the bottom 10 picks of round 1.
University of Florida players drafted in round 1 OR Pac 10 players drafted in
Game 3: Mock Drafts
Mock drafts are getting more and more popular and easier to do all the time with sites like ESPN and WalterFootball.com providing tools to create mock drafts. The premise is simple: given 2 scenarios which will result in a number, which scenario will produce a larger number. The first person to get a pick correct gets all the money.
For the first 10 picks of the draft, it is often more fun to have the 5th bowl labeled as “Rest of Field” instead of an actual player name. The mocks will then be scored and the money distributed in a way agreed upon (aka winner 75%, 2nd place 25%). Each and every pick, each person must choose 1 player they believe will be drafted at that pick, and it cannot be the same player anyone else has chosen (aka they must all be unique). Here are some more sample prop bets:
Game 2: Prop Bets
With this game, brainstorming the bets and categories is almost as much fun as choosing the bets and watching them unfold live. There may be several side-pots at any given point.
What if Nobody is Correct?
If nobody puts money in the bowl of the correct player, all of that money goes into a general pot, and the next person to correctly guess a player gets that money in addition their other winnings.
What if there is still money in the pot after round 1 ends?
If the day or round ends and there’s still money left to be won, the game goes to “overtime”. Some watch it to see where their favorite college players get drafted, some watch the draft for the drama and trades, and many watch it to see which players their favorite team will be building its future around.
Creating between 10 and 20 of these questions and putting $1 down for each is a fun and creative way to think about the draft. This is a fun exercise when your team is drafted, as you can see who you would pick at this point and can watch players literally “come off the board”.
On a fireplace, hutch, or other surface near the TV, place 5 bowls. At this point, no more money is bet. Score the mock strictly by where the player is drafted with no regards to team using the following system:
Correct player in exact spot = 5 points
Correct player 1 spot off (+/-) = 3 points
Correct player 2 spots off (+/-) = 2 points
Correct player 3 spots off (+/-) = 1 point
Game 4: Your Big Board (non-betting)
This is not a betting game, but rather an exercise that allows you to better understand the draft’s depth and players.
Before the draft, create a printout, posterboard, or individual cards with approximately 75-100 of the draft’s top players arranged from top to bottom according to your preferences and team needs, as if you were the general manager. For example: “Which will be higher: Number of Linebackers drafted in round 1, or number of players selected from Florida colleges in round 1?”
With the NFL draft having moved to prime time in 2010, it’s now easier than ever to watch the draft and throw parties on draft day 1 (and beyond).
Each and every year the NFL draft is becoming more and more popular and is becoming a holiday of sorts for NFL and football fans.
For each pick in the draft, tape 1 name below each bowl, to give a total of 5 names for each and every pick.
Before each pick, each person in the room places $1 in the bowl of the player they think will be drafted.
The person who correctly guesses the drafted player wins all the money in the bowls.
What About Trades?
If a pick is traded, everyone may remove their dollar bet and, after the bowls are re-labeled (if necessary), change their bet to a new player.
What About Ties?
If 2 or more people select the same player and are correct, all of the money goes into a specially labeled side pot. This represents any player who is not a label on the other 4 bowls.
Because it can be kind of hectic labeling the bowls in between picks, it’s recommended that you rotate labeling responsibilities every 5 picks, so everyone has time to enjoy the draft.
It’s also recommended to find a list of the top 50 players fun88 login in the draft and use that to pre-create some labels, so you don’t have to write down names during the draft.
To deter any cheating or foul play, it’s best if all bets are placed as soon as possible, that all contestants stay off of Twitter, and that no bets may be changed after a certain time (like less than 2 minutes left on clock).
. Of those people, the next person to win gets all the money in the bowls and all the relevant pots
Their mental state can even lead to suicidal tendencies.
? Gambling has proven to be addictive. The addiction robs a gambler of all the productive time and leads to loss of efficiency at work. The greed never ends and they keep betting more and more. In spite of the losses incurred, they continue betting. Sports betting and arbitrage betting are the other types. Some take to substance abuse to supplement the high they get from winning huge sums while gambling. Card games, coin tossing, and dice-based games are some non-casino based forms of gambling. This proves to be detrimental to their social and family life. Six to eight million people in America are estimated to have a gambling problem.
? According to a study by the George State University, 50% of the problem gamblers commit crime. In the following sections of this Buzzle article, we discuss the negative effects of gambling on the individual and society.
? A majority of those addicted to gambling have substance abuse disorders.
? Research has shown that gambling can lead to harmful behavior in people. The skill of a gambler lies in weighing the three parameters and making a decision about what amount should be staked and how much should be expected in return.
? An Austrian study said that around 1 in 5 suicidal patients had a gambling problem.
? Children of parents who are problem gamblers or gambling addicts tend to feel abandoned and angry, further increasing stress and leading to strained family relations.
? The stress from gambling may lead to health issues like ulcers, stomach problems, muscle pains, headaches, and problems with sleep.
Initially, one looks at gambling as a way to run away from life’s problems, or from stress, anger, and loneliness. Betting is a mentally taxing activity, and as one goes on risking more and more money, anxiety starts building.
You could be at gunpoint or holding the gun. Rehabilitating the gambling addicts needs money and time, and the process is not very easy. It can drag you into crime, gambling isn’t fun.
? Substances of abuse are served at casinos and in pubs and clubs, thus increasing the likelihood of gamblers consuming them. On giving a serious consideration to the negative effects of gambling, we realize that it is best avoided.
? Apart from absence at work and drop in efficiency, a common observation is that gamblers tend to steal money and engage in fraudulent behavior to recover from financial losses incurred when gambling, or to get more money to bet.
? People continue gambling with the greed of winning money. The National Council of Problem Gambling (NCPG) describes this type of gambling behavior as problem gambling.
? They start borrowing money and take secret loans. It only leads to a thoughtless expenditure of money and valuables.
? The addiction to gambling can leave one in bankruptcy. Thus, gambling can have a grave economic impact which is difficult to reverse.
? As gambling leads to increased criminal activities, in a way, gamblers add to the burden on prisons and the legal system.
? Gambling is practiced as a means of recreation. Thus, gambling practices cause a huge financial burden on the families of the affected and on the society at large.
? Addiction to gambling has been linked with substance abuse. It causes a decline in his/her work performance, thus hampering his career.
Games offered in casinos, table games like poker, Red Dog, and Blackjack, as also electronic games like Slot Machine and Video Poker are some of the common types of gambling. The decision to gamble money is based on three parameters namely; how much to bet, the predictability of the event, and the conditions agreed upon, between the gamblers. Addiction to gambling, coupled with substance abuse can make the gamblers physically abusive towards their family. The two go hand in hand. A study by the same university suggested that 73% of the individuals who are imprisoned are found to be problem gamblers.
Compulsive gambling leads to bankruptcy
? According to the University of New York, in people with alcohol use disorders, the chances of developing an addiction to gambling are 23 times higher.
Gambling refers to the betting of money on an event with an uncertain outcome, with the intent of winning additional wealth. Their debt keeps building and it may reach an amount that exceeds their capacity to repay.
? Similar to how an individual keeps consuming substances like drugs or alcohol to experience an altered mental state, he continues to gamble. They tend to stay away from their near ones, resulting in distrust between them and their loved ones.
? Gambling can lead to criminal activities. The addiction has negative effects on one’s physical and mental health and it proves to be detrimental to one’s social, personal, and professional life. According to the National Research Council, 10 to 17% of the children of problem gamblers have been abused and so have 25 to 50% of the partners of problems gamblers.. Some go that way to forget the sorrow of losing big sums when gambling.
? According to a research by NCPG, 76 percent of problem gamblers are likely to have a major depressive disorder.
? Problem gamblers and addicts tend to abuse their family members. Over time, it becomes a habit, and eventually an obsession that can’t be overcome. Because of this, they land in worse situations and take the wrong decisions in life.
? Studies show that children with a sibling or parent addicted to gambling, are more likely to take to substance abuse.
Mental and physical health problems, financial issues, and conflicts in the family are among the common negative effects of gambling. A recreational activity is supposed to be refreshing and relaxing, but something like gambling is contrary to the very purpose of recreation. Due to lost mental peace, they may ill-treat their spouse and children. When they lose the money they had risked, they further gamble to recover the lost amount and it becomes a vicious circle even they can’t escape from.
? Additionally, rehabilitation and public assistance systems are taxed.
? The costs of treating compulsive gamblers are huge. ? Over time, the practice of gambling starts becoming a habit and begins to have damaging effects at psychological, physical, and social levels. They engage in gambling activities at the cost of their time with family and friends. The addiction gets on to the gamblers to such an extent that they fail to think wisely before acting. To add to the so-called merry atmosphere, gamblers often smoke or drink while playing.
Gambling = Thoughtless Expenditure + Waste of Time
? Gamblers often exhibit mood swings and a strangely secretive behavior. The stress of risking m88 indonesia huge amounts of money or the frustration after losing it can increase the tendency of abuse in gamblers. Forget satisfaction or peace, it is not even refreshing in the real sense. It soon becomes a habit that can’t be broken.
? Gambling at the cost of one’s job results in a decline in the quality of his professional life. The addiction leads people to continue with gambling irrespective of whether they earn or lose in the deal. The effect is similar to that of having a drug or a drink, which is why gambling changes one’s mental state and mood.
? People who fall prey to gambling tend to remain away from their families and waste money on other bad practices
As the sport of wrestling continues to grow (with at least some thanks going to the increasing popularity of MMA), weight training for wrestling has become a very sought after. So for those of you who aren’t fortunate to workout at a well-equipped hardcore gym, keep reading, I have some great news for you…
Tricep Kickbacks- 3×10
Superset- Bench Press 4×8 and Med Ball Pushups 3×8
Day 1 Weight Training for Wrestling
Day 3 Weight Training for Wrestling
Superset- Cuban Press 3×12 and Tricep Kickbacks 3×10
Day 4 Weight Training for Wrestling
. But believe me, this isn’t the focus of the weight training for wrestling plans I have my wrestlers use. I know, I post them from time to time. Yes, those YouTube videos of someone performing a cool looking exercise with a big tire look cool. While some would say the program looked boring and repetitive (you would not believe the repetition of such exercises as the Bench Press, Squats, High Pulls, Weighted Pullups, and other exercises that many may consider to be plain and boring but obviously get the job done) the fact of the matter is this- it works. There are two major issues that I’ve seen with weight training for wrestling programs in my years of experience.
Dumbbell Incline Bench- 4×8
Bench Press- 5×3
Weight Training for Wrestling Workout (first week in Tom’s Summer Program)
Weighted Pullups- 3×10
Power Clean- 5×4
Day 2 Weight Training for Wrestling
Power Clean- 5×4
Alternate Dumbbell Bench- 3×10
Weighted Pullups- 3×10
The other day I was fortunate enough to have former Cornell Wrestling Strength Coach, Tom Dilliplane, send me a copy of his 16-week summer program. As wrestlers we know the truth- nothing replaces good old fashioned hard work. Additionally, I think it’s worth considering the fact that if these new age styles of training were so groundbreaking and effective, don’t you think all the big wrestling schools like Iowa, Cornell, Iowa State, etc. In addition, Tom used similar types of programs for the 10+ years he was at Cornell working with the wrestlers. would be using them already? Anyway, that’s enough, lets get into some weight training for wrestling plans.
First, a great majority, especially those at the collegiate level, are basically offshoots of the football weight training program. However these weight training for wrestling plans consist of exercises with sandbags, kettlebells, tires, kegs, thick reps, and a lot of other training tools that most wrestler don’t have access to. Sticking to the tried and true barbell and dumbbell exercises that have withstood the test of time is what’s going to lead to the best results with your weight training for wrestling plan. These percentages and 2 more weeks of this program are included as one of 4 free gifts for signing up for my newsletter at http://www.wrestler-power.com
Superset- Squat 4×8 and Dumbbell Walking Lunge 3×8
Cable Row- 3×10
Cable Row- 3×10
Second, there are a few systems and programs that are available that are absolutely fantastic. While I do believe that these are great ways to bridge the gap between traditional weight room strength and functional wrestling strength (I use them myself often with my wrestlers), I also understand that a majority of wrestlers reading this article do not have access to this type of equipment. Look at all the infomercials out there for the “next biggest thing in fat loss” or whatever. And that should be the same way you approach yourweight training for wrestling. “Hardcore” equipment like this exists at underground gyms and training facilities and if you’re a member of one of those, there’s a good chance you already have someone helping you with your training. This is the exact program he used over the summer of 2009, the summer before Cornell placed 2nd at Nationals and had 2 National Finalists. Oftentimes people are after the next greatest thing. While there are some similarities, football players should be more focused on developing absolute strength, whereas wrestlers should focus their weight training on relative strength and power (strength per bodyweight).
Incline Bench- 4×8
Bicep Curls- 3×10
Bicep Curls- 3×10
Please note that Tom bases all of his core movements (Squat, Bench, Clean, Deadlift, etc.) off of percentages of your max
Foltz was also a first-team All-Big Ten selection. LSU kicker, 21-year-old Colby Delahoussaye, was also a passenger and was injured in the crash.
Several hundred friends and teammates of Foltz gathered outside Memorial Stadium in Lincoln Sunday afternoon to remember him. Green said in a statement. Several players talked about how hard Foltz worked and his faith in God.
The University of Nebraska-Lincoln said Sunday the team will skip this week’s planned Big Ten media days in Chicago because of the deaths.
Officials at the University of Nebraska and Michigan State University confirmed Sunday that a current and a former punter for their football teams were killed in a car wreck in Wisconsin early Sunday.
Last Updated Jul 24, 2016 11:08 PM EDT
CBS affiliate WLNS in Lansing, Michigan, reports Sadler is the only four-time academic All-American in MSU history and that he was supposed to be attending Stanford Law School this year.. The Associated Press contributed to this report.
The pair had been in Wisconsin for a football camp, according to multiple reports.
CBS affiliate KOLN in Lincoln, Nebraska, reports senior Sam Foltz was killed. Sam was universally loved and respected by everyone he touched and on whom he had a positive influence each and every day. Foltz was a three-year starter named the 2015 Big 10 punter of the year, averaging 44.2 yards a punt in 2015 — his junior year — on 56 attempts. This material may not be published, broadcast, rewritten, or redistributed. Michigan State coach Mark Dantonio confirmed Sadler’s passing on Twitter.
“Sam was a kind and thoughtful young man who was a leader on the playing field, in the classroom, and in his community,” Nebraska Chancellor Ronnie D. He graduated from Nebraska with a degree in agronomy in May.
Nebraska coach Mike Riley said in a statement: “Last night, we lost one of the best young men who I have ever had the honor to coach and who has ever worn the Nebraska uniform. Thom Moerman said speed was likely a factor in the single-vehicle crash that happened around 11:45 p.m. Saturday.
The Lincoln Star Journal reports former Michigan State punter Mike Sadler was also killed in the wreck with Foltz.
Mike Sadler, 24, of Grand Rapids, Michigan, was driving. “He was an exemplary student-athlete who grew as a player and as a person on his path to recent completion of his degree in agronomy from the University of Nebraska-Lincoln, and anyone who knew him can testify that he had an enduring influence on those around him.”
Slim underdogs regularly win outright. “He is not jaded by teams and does not bet with his heart. “There will be more discrepancy in the numbers at different sports books. Research Football Services – “Most sports services realize that most people who sign up with them are insecure,” Gordon warns. “Squares usually bet later in the week and they tend to pick the favorites.
Moseman agrees and especially likes home underdogs. On college you will be able to find different lines at different sports books.
Certainly not back into the pockets of the average bettor. “As for me, the best bet in football is betting the point spread or over/under totals on individual games. The only locks that exist are those that need keys to open them.”
6. Otherwise, you’re better off doing your own research.”
5. “In the NFL, a game will often be totally turned around by one or two plays, or even a single penalty. Giving 11 to 10 odds is almost always the cheapest price you can give.”
And remember, in the immortal words of “Fast” Eddie Felson, “Money won is twice as sweet as money earned.”
“In an average season, fewer than one bettor in twelve turns a profit,” Gordon says. If you want advice about sports betting, find someone who has a successful track record. “Common wisdom says that over the course of a long football season the average man or woman will pick approximately 50 percent winners. So underdogs tend to be slightly undervalued – except by the sharps.”
But even though the math says it’s virtually impossible to win on a consistent basis, Americans continue to bet on football. Avoid Chasing Bets – “Don’t do it! There is no worse way to mismanage your bankroll than to chase your bets after a losing day,” cautions Moseman on the dangerous practice of trying to immediately win back your losses. He is not taken in by being involved in USC-Notre Dame just because it is the biggest watched game of the day.
. Money Management – “This is without a doubt the most important aspect of betting on sports and possibly the most neglected,” says Morey “Doc” Moseman, a professional gambler and sports consultant with DocSports.com for nearly 40 years. There is a wealth of information on the Internet; it is just up to you to find it and research it daily.”
And where does all that money go?
Ted Sevransky, a well-known Las Vegas gambler and sports consultant with Sportsmemo.com, agrees.
7. Big underdogs often find ways to cover the spread and they rarely give up toward the end of a game in front of the home crowd.”
Another difference between squares and sharps is how they approach betting on game day.
Michael Konik, a sports writer and best-selling author of The Smart Money (Simon & Schuster 2006), explains why it is so hard for the recreational gambler to win at betting on football. Not all games work according to this formula, but it is usually a good rule of thumb.”
So, is it possible for the average square to become a little sharper in making football bets this season? According to professionals like Vacarro, Konik and Gordon, amateur bettors have the best chance to win if they demonstrate a little patience and follow the 10 basic tips below. “The key to proper money management is to be sure not to bet more than you can afford to lose.”
8. To be a successful sports bettor you need to operate with a clear mind.”
But that doesn’t mean you have to bet like a “square” and throw away your hard-earned money.
“The bookies fear and despise a tiny coterie of professional bettors known as ‘the sharps,’” Konik says. Chasing losses is the fastest way to the poor house.”
3. But, when you’re struggling, that’s when you want to reduce your bet size until you get out of your slump.
4. “If you become an expert on a smaller conference like the WAC, you have a good chance to beat the house because sports book operators do not have the time or resources to follow this conference the way you can. And why not? We have unconditional love for the sport and betting $50 or $100 on a game adds an extra rush of adrenaline. Shop For Numbers – “Another important aspect of betting on football is shopping for the best number,” Moseman explains. In fact, sports bettors must pick 52.4 percent winners just to break even.”
Although exact figures are impossible to calculate, according to Jimmy Vaccaro, widely considered to be Las Vegas’ most influential bookmaker, Americans probably wager more than $50 billion a year on NFL and college football combined.
“A square or recreational player might have a vague plan, but after two Corona’s he will definitely run to the window and make a hasty decision on the USC-Notre Dame game because he wants to be involved in the party atmosphere,” Vaccaro says. The only touts bettors should consider are the ones who talk about the long haul and realistic winning percentages, which are in the upper 50 percent to lower 60 percent range.”
However, Konik adds that there are some bettors who actually know how to beat the bookies. He loses year after year, according to Dan Gordon, a top football handicapper and author of How to Beat the Sports Books (Cardoza Publishing 2005). “If you listen to their advice, you are sure to lose. Locks Don’t Exist – “Anyone who has watched sports for about a month realizes that the difference between winning and losing, especially against the spread, can be infinitesimally small,” Gordon says. If North Texas is his best bet on a Saturday then that is his bet. Thanks to the juice, the only one who profits in this scenario is the bookmaker. “When you’re in a good rhythm and winning, you want to increase your bets. There are almost an infinite number of scenarios that can happen in a single football game. “Because alcohol clouds your judgment and usually helps you to make rash decisions you usually wouldn’t otherwise make. These books change their numbers according to the betting patterns of their customers, so it is not entirely uncommon to find two or three point differences in the lines.”
Even Hollywood is not immune – think Two for the Money with Al Pacino and Matthew McConaughey.
So, how much are we gambling each football season?
“There is probably no better bet in sports than playing an underdog at home,” Moseman says. If you like an underdog, it is best to get your bet in as late as possible, where there is heavy action from squares on favorites. Focus on Conferences – “The best way to win money betting football is to develop a niche and follow it closely,” Moseman advises. “In trying to bamboozle potential customers, many services make claims about having scouts all over the country that give them inside information and promise 70 or even 80 percent winners, as if the bookmakers were the biggest suckers in the world. The NFL, for example, will have very similar numbers at most of the betting shops you visit. Consider Underdogs – “In the long-run, it’s easier to win betting on the underdog,” Konik says.
“A square is the average, unsophisticated gambler whose decision making is based on hunches, media manipulation, or spurious systems that cannot overcome the bookmaker’s inherent mathematical advantage,” Konik explains. The payout is just the same as far as he is concerned. “Thus, the bookies love and cherish the squares.”
“The standard bet requires gamblers to lay $11 for every $10 they want to win with the extra $1 or 10 percent known as the juice,” Konik says. “For example, if you have a $1,000 bankroll for the season, you should generally bet no more than $50 a game.”
“The talking heads on TV know nothing about sports betting,” says Sevransky.
“The biggest mistake that amateur bettors make is they increase their bets when they are losing,” Sevransky says.
10. “Teams play inspired ball at home. “Most people prefer to bet on the ‘better’ team, the one that will probably win the game. Avoid Exotic Bets – “For very skilled handicappers, with a proven track record, there can, at least in theory, be value in betting parlays,” says Gordon on the type of bet that combines two or more individual wagers. “Over the course of several seasons, the percentage of bettors who turn a profit is minuscule.”
Also, it’s probably a good idea to disregard advice from the myriad of ex-players and football experts you see on television each week. Bet at the Right Time – “The sharp bettors tend to bet underdogs, and they tend to bet them early,” Moseman says.
So, how much should you bet a game?
“Most people with an understanding of football gambling bet between 3 percent and 5 percent of their bankroll, increasing when they win and reducing when they lose,” Vaccaro says. “The sharps are usually members of a betting syndicate privy to the most up-to-date information on injuries, weather, game plans, and, most important, the real power of the teams involved.
“A sharp or smart has a plan of what he wants to do,” says Vaccaro, the director of sports operations and public relations at Lucky’s Race and Sports Book in Las Vegas.
Newspapers and popular sports sites routinely publish the lines or point spreads for games, and football insiders offer their picks to viewers each week on ESPN and other cable networks. Also, being “in action” can make a dull late-afternoon game (Buffalo vs. If you are going to go with a favorite, it is best to place your bet early in the week when the sharps are laying heavy money on the points. Drinking and Gambling Don’t Mix – “There is a reason the casinos in Las Vegas supply you with free drinks while you are gambling,” Moseman says. Oakland comes to mind) seem like the Super Bowl.
While these tips don’t guarantee you’re going to win, hopefully they can make you a little less square and a little more sharp in your picks this season. They use powerful computers that can process millions of bits of data and produce a more accurate point-spread line than the bookmakers.”
Betting on football games; whether it’s through a local bookie, an offshore Internet site or a Nevada casino (still the only legal place in America to make football bets), most of us have done it or know of someone who has
To put it another way, the stock market is a lot more forgiving than the MGM Grand (let alone your local sports bookie).
“You’re making a wager based on some facts and some intuitions.
“A large, steady company has a low chance of plummeting and causing you to lose all your money, but even Peyton Manning doesn’t cover the spread sometimes,” he said.
However, someone sinking $500 into Apple stock has little risk of losing that entire initial investment, especially in the short term.
A stock can theoretically be held onto for an infinite amount of time, but a sports bet can end in the blink of an eye. People often invest in funds that buy dozens or even hundreds of stocks, which helps reduce the risk.
That’s the percentage of time that Stovall’s research shows the S&P 500 — the gold standard in the stock market — has increased in value during the years since 1926. Gambling on sports may be more fun, but it’s definitely a more risky use of money than putting it in the stock market.
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But don’t let those similarities fool you.
But take it from one person who has lots of experience in both worlds.
“Betting is more difficult and riskier,” said one resident of Hoboken, New Jersey, who bets on illegal gambling sites and also invests in stocks.
“A lot of people regard investing as gambling, but I frequently say no. It’s easy to see why fans may be tempted to gamble on their favorite teams and athletes.
All or nothing: Gambling on sports tends to be a zero-sum game.
And investors have greater access to tools that can minimize the risk of losing money. The stock might go up and down some, but it typically doesn’t go to zero. Which casino in Atlantic City, Las Vegas or Macau pays the bettor 73% of the time?” said Sam Stovall, chief investment strategist at S&P Capital IQ.
“You can hold onto your betting tickets all your life, but you’re not going to get squat,” said Stovall.
Those are pretty good odds.
Related: 4 reasons September could be good for stocks
The betting appeal: Americans bet an estimated $380 billion each year on sports.
Related: Apple and 9 other stocks hit new records
Investors also have the ability to spread their money out among many stocks.
CNNMoney (New York) First published August 31, 2014: 8:14 AM ET
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. While many stocks offer steady returns, investors sometimes hit the jackpot (think: buying Apple back in early 2009 or Tesla in 2012). He asked for his identity to be withheld due to legal concerns.
The same can’t be said for those who bet big on the Denver Broncos last Super Bowl. A bettor gambling on the Green Bay Packers will instantly lose his or her entire $500 bet if Aaron Rodgers and his teammates fail to win or cover the spread. And in neither instance can you be guaranteed to be correct,” said Randall Fine, managing director of The Fine Point Group, one of the casino industry’s largest consulting firms.
They both believe they can predict the future, and they sometimes fall into the trap of making decisions with their hearts instead of their brains.
In the long run, investors have the chance to make more money because there are fewer downside risks. Gambling on football star Peyton Manning to win might seem like a safe bet, especially compared with picking winners in the stock market.
Such hedging tools are not as readily or even feasible to sports gamblers, Fine said.
At the same time, investing in stocks actually carries higher upside potential. And of course, they both hate to lose. For example, a stop-loss order instructs a broker to dump a stock when it tumbles below a specific price.
Manning is really, really good at what he does for a living.
Related: How $2 billion Clippers bet could pay off
Gamblers and investors also have far different time horizons.
Even the unlucky investors who jumped into the market at its peak in October 2007 eventually made their money back when stocks reclaimed their pre-recession levels in 2013
They lost in the Sugar Bowl to Texas Christian 3-2. Tommy Casanova played the 1969, 1970, and 1971 seasons with the University. Louisiana State University lost the next two years in the Sugar Bowl to Santa Clara.
The only other number retired at LSU is 37. They ended up losing to Penn State 19-17.
Les Miles will lead Louisiana State University into the 2010 season on September 4th with a non conference game against North Carolina.
The Fighting Tigers didn’t play their next Bowl Game until January 1, 1936. In 2000 he was selected for the All-Century Team by the Walter Camp Football Foundation.
One of the greatest players to ever come out of Louisiana State University is Billy Cannon. LSU crushed Havana University 56-0, giving them a win in their first Bowl Game.
Jason Forthofer writes alot about college football and owns a website selling LSU vs. In 1958 and 1959 he was voted United Press International College Player of the Year. The Bayou Bengals played in the Capital Bowl on 1-1-10. They play at Tiger Stadium, an outdoor stadium that holds 92,400 people. Miles began coaching the Fighting Tigers in 2005, and has the teams best winning percentage of .785. He has a record of 51-14-0.
Louisiana State University is located in Baton Rouge and their football team is currently in the Southeastern Conference. His number 20 jersey was retired following his 1959 season, and he was inducted into the College Football Hall of Fame on December 9, 2008.
LSU won their tenth and last SEC Championship with current head coach Les Miles in 2007. He played three seasons for the Tigers in 1957, 1958, and 1959. Tiger Stadium is the 9th largest stadium in the NCAA today, and is nicknamed “Death Valley,” due to its high level of cheering.
LSU has played in forty two Bowl Games and has composed a record of 22-19-1. Alabama tickets and contains information about the history, coaches and stadium for the LSU Tigers.
Since joining the SEC, the Tigers have won 10 SEC Conference Championships. He was able to follow up the next season with another Conference win.. College team to play on foreign soil. He also won the Heisman Trophy in 1959. They played in the first ever Barcardi Bowl on 12-25-1907. They won their first SEC title in 1935 under head coach Bernie Moore. The game was played in front of 10,000 fans at La Tropical Stadium in Havana, Cuba, making Louisiana State the first U.S
This one is very similar to a point spread; the difference is that in baseball you are dealing with runs and not points.
Michael Hill is an avid sports fan and a sports writer who has been in the betting and price per head industry for years. So, as long as your chosen pitcher starts, you will have an active bet.
On the other hand, if you were to bet on a 20 cent line, you would be getting a +125 line on Milwaukee, which means fewer profits, and even though it doesn’t sound as a lot of cash, when it comes to losing 10 cents on every dollar during a full baseball season, losses can be considerable.
Team action against a listed pitcher: This one is very similar to the previous one, the only difference is that here you need the opposite listed pitcher to start the game, the one for your chosen team can vary and you will still have action.
. In baseball, an experienced bettor will always go for the “Dime Line”, which is a line with a ten cent difference between the favorite and the underdog (for example, a bet with the Angels as favorites at -145 and the Brewers as underdogs at +135.
Even though it is said that you can get better profits when wagering on baseball, most people will avoid placing wagers on this sport because the betting lines might appear a bit different than the regular point spread, and because we want to shed some light on the subject, we have created this article.
Here you are betting on the combined number of runs accumulated by both teams at the end of a given game, and on baseball, runs on extra innings will also count when the game has gone over nine innings.
Team action: This option allows you place a wager that doesn’t depend on pitchers, although if there is a change in listed pitchers, the odds might vary.
Listed Pitcher: When you are going to bet on a baseball game with listed pitchers, the ones listed for the two teams must start the game, and a pitcher is said to have started a match after throwing the initial pitch for his team. In the event of one of the listed pitchers not starting, then the wager is voided and the funds are returned to the player.
A betting line on baseball will always depend largely on who the listed pitchers for the game are, and you are offered four different options:
Specifying a pitcher: When you bet using this option, you need to choose the pitcher for the team you are betting on, the one for the other team might vary. Michael writes about his experience and offers tips for other aspiring entrepreneurs who wish to make a living with sports bookmaking.
I would expect a healthy interest from women, who won’t be deterred by a historical perception in the UK that betting is a male-only activity,” he said.
Spaniards already spend an average of 670 euros each a year on betting, according to industry and government figures.
Madrid has granted a license to a joint venture between Britain’s Ladbrokes and Spain’s Cirsa, while Greece’s Intralot were awarded one last week. “It’s an old cliche but the sky is the limit,” he added.
Victoria’s new shop, located above a Codere casino, gleams with chrome and glass and has comfortable sofas and a bar — a far cry from the stereotypical British bookie, offering plastic seats and a bank of screens showing the 3.45 from Kempton Park.
Spanish betting market is expected to grow to 39 billion euros ($57.8 billion) by 2010, with the sports betting market set to hit 4.5 billion euros, according to MECN consultants.
MADRID Spain’s first sports betting shop opened for business on Wednesday, one of thousands that foreign bookmakers hope to launch in the football-crazy nation which already bets more than any other European country.
Hallahan said Spain was “virgin territory” which offered bookies the chance to redefine betting shops as a more attractive destination for women.
Although Madrid’s residents will be able to bet on social events and TV competitions like Pop Idol or Big Brother, authorities have banned wagers on religion or politics.
. Spain’s state-run Christmas lottery, known as ‘El Gordo’ or ‘The Fat One’ is the world’s biggest prize draw, dishing out 2.2 billion euros last December.
However, apart from a workplace sweepstake or an informal wager between friends, up to now Spaniards have had to go online to bet on sporting events, although the state-run lottery does offer a twice-weekly football pools game.
British bookie William Hill and Spanish gambling firm Codere plan to set up 70 sports betting shops across the Madrid area — the first of Spain’s 17 regions to grant licenses — under the joint venture’s Victoria brand.
“There is a huge demand everywhere,” said Victoria’s Operations Manager John Hallahan. Austrian firms bwin and Betbull also plan to launch a joint franchise and private-equity owned Gala Coral has been in talks with potential Spanish partners for the last six months.