How to bet for Free

Betting on sports events can make it a lot more fun. Anyone who has placed a bet on an event will know how good it can be if you are watching sport with money riding on the result. It can make it even more exciting for you. It tends to increase the adrenalin that you get when you are watching a sport as well. However, not everyone is able to afford to make bets or they may not be able to justify the expense of doing so.

It is therefore great to know that there are some places where you can get a free bet. This means that you can have a go at betting on a sport and not have to pay out any money. You can find out more details at http://freebets.org/ of how to do this.

bet for Free

If you have never placed a bet before then you may be rather worried about not doing it correctly and so if you have a free bet then it will not matter of you do it wrong. It means that you will have nothing to lose and you could win some money.

You will need to find a site that accepts free bets and then register with them and follow the instructions on that site. The sites will all differ in their terms and conditions with regards to free betting. Some will give you some money to bet with if you register and make a deposit and bet that deposit. Others will allow you a free bet when you first register. It is worth reading up on the terms and conditions as they will have different rules on drawing out winnings. Some may only let you draw them out if you have placed a certain number of bets and others will have a minimum withdrawal amount. It is worth taking a look to see what their rules are before you first sign up.

Even with tight rules, it can still be worth using these sites to place free bets. You could still win a lot of money and you will also learn more about betting on line. It will be a good way to get confident with online betting before you have to start paying for it. You will also be able to decide whether you enjoy betting nd think about whether you would like to do more of it in the future.

Using Odds Comparison Tools to Get the Upper Hand

Profit, profit, profit — casual players, hear us out. We talk a lot about profit because it’s your hard earned money that’s being used here. It’s all about making you money, and if you’re going to try to make some money, you might as well try to make a lot of money, right?

We just got done talking about odds — and odds are definitely a good thing. It’s how we make money in the world of sports betting, but you have to understand that odds aren’t equal across the board. Some sportsbooks will have different odds. Instead of just going for the first sportsbook that looks good, you might want to look at the different odds that they offer.

This is where the odds comparison tools come in. They compare the bookmakers prices offered on every event so that you really can pick the one with the best odds to place your bet. Believe it or not, prices can vary greatly between bookmakers. The prices will be compared on a matrix that has all of the possible outcomes of the event you’re looking at down the left hand side, and the prices from the bookmakers along the top in different columns.

There’s a few reasons why you should be comparing odds. The odds available on any selection could vary by as much as 50%! With margins as small as they are in the betting world, you have to make sure that you’re getting the best prices possible. You could theoretically double your winnings just by gaining 20%!

Odds Comparison Tools

The effects of odds on profit are really stunning. Let’s say that you put in about 20 GBP each time you play, and you get an average profit of about 10 GBP a day. Not too bad! If you had 20% better odds than what you’re working with right now, you could get nearly 2190 GBP extra a year! That’s incredibly good, and it means that you really do need to shop around as much as possible.

Of course, if you’re like most happy gamblers, you really don’t see yourself having that type of time where you can really pick through every bookmaker’s website. That’s why you let a site like ValueChecker handle it. They automatically do all of the work for you.

You just have to go to the site, select the sport that you’re really interested in, and then click on the event. You’ll be taken to the odds comparison page. It’s really that easy. You can even change the odds to any format that you’re comfortable working with. You get to choose between decimal, fractional, and American odds. [Read more…]

The High Benefits of Futures Bets

Looking at the future of an event could be boring or it can be interesting. The difference is often whether or not you have money riding on the outcome or not. Trust us, you really want to amok sure that you’re looking at just about any type of event you want to bet on and seeing what type of futures betting opportunities can come up.

NFL football? There’s always the Super Bowl.
Hockey? Stanley Cup!
Tennis: Wimbledon, French Open, Australian Open, all of them together…
Golf: Masters

Futures Bets

There’s some benefits to futures betting — that is, betting on an outcome in the future. The biggest benefit is that you can win a LOT of money without having to bet a lot of money. A small wager can be very bankroll friendly.

In addition, it gives you a reason to watch all of the games that make up a larger event. If you’re trying to get more active in terms of participating with other bettors and really getting into all of the big games, then this is definitely something that you need to think about in greater detail.

However, there are some drawbacks to futures betting that we have to let you know about. You see, if you’re going to go with a future bet, you need to realize that your money is going to be tied up for a long time. You could have your money held for three, six, nine or even a whole year in certain markets. So what that means is that you really need to only work with money that you can afford to have tied up. This is not one of those bets where you can try to double your rent money. As a side note, that’s a really bad idea in so many ways. You need to make sure that you’re always thinking about going with money that you can afford to lose. No serious punter gambles with money that they really need to make the rest of their life come together. That’s just silly.

Be sure that you’re really looking at the odds on all of the futures bets that you’re really interested in. You need to also have done your research as to what the best outcomes would honestly be. All of the serious punters don’t leave this type of thing to chance, so why should you? Good luck!

A Quick Intro to Laying and Exchanges

Hello, punters! We’re back to continue getting you up to speed so you don’t look like you have no idea what’s going on in the greater sports betting world. It’s all about knowing the terms that everyone else is flinging around. The more that you can work on this, the more money that you’re going to make. The worst thing that you can do is be very uninformed about what’s going on. The terms matter, people. They just do.

Anyway, moving on to what we really want to talk about today — laying and exchanges. You might wonder what these terms actually mean. Thankfully, today’s lesson is pretty straightforward.

Indeed, an exchange is just a betting website where punters bet against each other. You’ll be able to assume the position of the sportsbook and offer odds on things not to happen as well as betting in the normal way (the odds of something happening).

Well, the way bets are placed is a lot different from the traditional bookmakers. You’re going to be able to request your own odds on the markets as well as placing your bet at other offered odds as soon as possible.

Laying_sports_bets

It’s also important to realize that the closer you request your odds to the current trading price the more likely it is that your bet will be matched. If your bet is not matched before the beginning of the event the bet will be void and your stake will be returned to you.

An example is necessary to understand how all of this works.

Let’s say that you’re chilling at home and you see on the exchange that the odds on Arsenal to beat Man U are 3.5 to back and 3.7 to lay.

Now, you have some options. You could bet at 3.5 immediately, or you could offer to bet at 3.6, 3.7, or 3.8 and hope that someone matches your bet.

Well, if you make your odds too high, your bet won’t be matched. But if you can find the sweet spot in the market, your bet will be matched.

We can use this same type of example to explain laying, which is the act of betting on an outcome not to happen. This is essentially what your sportsbook is trying to do in order to achieve profits of their own. [Read more…]

A Quick Introduction to Betting on Basketball

Basketball is still in full swing, and it means that plenty of people are looking at betting on the big games that they see on TV. You need to make sure that you are looking at how to get in the action without getting burned. There’s no guarantee that you’re going to automatically win every single bet that you place but you can learn how to bet in a way that maximizes your chances of winning.

If you’re a complete sports betting newbie, you might wonder how the sportsbooks actually make their money. You see, they actually collect a commission on losing bets. The most common odds will be 11 to 10. So this means that if you really want to win $100, you’re actually going to be risking $110. If you place a bet on the Lakers to win, you collect $210. However, if you lose the bet you lose the entire $110 that you had to put up. Notice that when you win, your original stake is returned to you, including the “extra” piece.

The sportsbook doesn’t really care who wins and loses, because they’re making a commission from all of the losing bets. They want to try to balance the action between two teams, which is why they introduce a line or a spread. It makes the contest equally attractive for both sides.

Betting on Basketball

Basketball works on the money line as well, which is just a bet that’s placed without the point spread approach. You’re essentially just betting on the team of your choice to win “straight up”. You have to risk more to bet on the favorite to win, which in turn makes you win less. However, if you want to go for the underdog, then you bet a lot less to win more.

A quick example would be Celtics vs. Hawks, with the Celtics being the favorite. A money line could be:

Celtics -220
Hawks +180

So if you wanted to go for the Hawks, you would put up $100 to win 180. Not too bad, but you really need to make sure that the Hawks have a good chance of winning!

There are other type of bets to be found in the world of basketball betting.

As we mentioned before, there’s the straight bet — win/lose, team of your choice. However, there’s also the totals – over/under. You can bet the over or the under for the game total score. You add the scores of both teams to get the final number. So when you bet the “under”, you are betting that the score will be under the total. When you bet the “over”, you’re betting the score will be higher than the total. Using the Celtics v. Hawks example from earlier, you might find that Celtics hit 120 and the Hawks got 110. The total of the game is 230. If you bet over and the score was more than 230, you win. If you bet under and the score was less than 230, then you win in that case.

A tie is considered to be a push, for the record.

Basketball betting isn’t too difficult, but you will need to do your research. It can really be hard to be profitable in basketball but that doesn’t keep people from betting on all of the games they love! Good luck.

Sports Betting

A popular pastime all over the world, sports betting is much of a challenge, with the experience being a rewarding one in case luck favors you! Deeply rooted in most cultures, sports betting is much respected in Europe. In the US, online sports betting can at best be termed ambiguous. With sports betting going online with the growth of the Internet, the sport today has its own dedicated fan following. The principle of sports betting is just like all other betting types – the bottom-line being the house should not lose money.

With the bookmakers publishing the odds for sporting events, these in turn depend upon their understanding of the event’s probability. The dynamics of the odds can change with the betting trend and time remaining for the game to take place. If the punters identify more and more people betting on a favorite with low odds, the trend is to try and pull a part of the crowd to bet for the nonstarter. This can be done by cutting down on the returns on favorites or by reducing the number of odds on the underdog.

Once the bookmakers publish the odds, the bettors study them and place their bets with a bookmaker who according to them offer the most favorable odds. In case the bettors win, they take away the principal amount they bet, as well as the winning money. Online betting requires the bettors to have an account with the online sports company, with the payment being credited via credit cards generally or facilitators of online transaction. Online bookmakers offer extremely competitive odds and provide bettors with the opportunity to place a number of specialty bets.

Factors influencing Online Betting

There are too many variables that affect a sports bet. Some of these are objective, like goals or points scored. The subjective variables include the presence or absence of a top performer from a team. Bettors can use the free advice of sports tipsters and sports betting softwares that help in understanding how different variables affect the outcome of an event. It also helps bettors place bets on events about which they have little knowledge. Without the tipsters and sports betting software, the most proficient and skilled bettor cannot cover more than two sports.

sports_betting

How to Place a Sports Bet

One of the best ways of placing a sports bet is by keeping a tab of the match statistics, following expert opinions and participating in online sports betting forums where you can discuss strategy with fellow punters. With the gradual understanding of your individual wagering style, you can make out whether you can succeed by betting with the odds or against them. This factor helps you out as returns on bets placed on underdogs are better; and you grow into the hang of winning such bets making good money. Check out the odds placed by the bookmakers before placing a bet,.

As a novice or an expert you can use various financial strategies based on statistical formulae. Some of them are: Bank Percentage, Flat, Kelly Criteria, Martingale, Fixed Profit etc. it is a common belief, however, that the arbitrage and scalping betting methods are risk-free and profitable.

Betting on the Big Games Is Where It’s At!

Sorting out your gambling needs is something that you have to figure out for yourself. Everyone’s going to have different things that they really want to pull out of the big world of gambling. That doesn’t mean that one person’s idea of gambling has to be that way across the board, but it does mean that you’re going to need to think carefully about the type of experience that you want.

What about sports betting? Betting on the big games is truly where it’s at. Did you know that even if you don’t have a cable subscription at home, you can still watch the big games? By participating in online sports betting, you really can. This means that you will be able to watch the game via live online streaming. Sportsbooks get permission to stream this type of thing, leaving you with the opportunity to really get into the game.

Meeting other people that are passionate about sports is the best part about the process. You just have to make sure that you get with the right sportsbook. Not all of them are going to be the right one for you. It’s all about finding a sportsbook that features the type of stuff that you want to bet money on.

sportsbook

NHL fan? Find a sportsbook that’s going to accommodate your NHL hockey games to the fullest. Live streaming isn’t necessary, but it is a really nice feature. It’s up to you to define what you’re looking for.

Keep in mind that just like casinos, sportsbooks have welcome bonuses. You have to make sure that you qualify, but this won’t be a problem for most people at all. Just deposit real money, and the casino will take care of the rest of the promotion on their own.

There’s plenty of great sportsbooks out there. Security is heavily enforced, so you don’t have to worry about a casino making off with your hard earned money. They wouldn’t be in business for very long if they did that.

Take the plunge. Check out a sportsbook review directory to narrow down where you want to play. Make sure that you’re getting a sportsbook that’s running a good promotion as well. This can only make your bankroll swell as time passes, right? Get in the game today, you’ll be glad that you did!

Soccer betting – Asian Handicaps

The most popular form of soccer betting is the win-draw-win or 1×2, which has players picking one of three possible outcomes and wagering money on it. If the outcome of the game matches the player’s choice, he wins. If it doesn’t, he loses. The only problem with this setup is – and this will probably be obvious straight away for US bettors – that out of the three possible outcomes, two favor the house, and only one backs the bettor. The bottom line: the odds are not exactly favorable for the bettor, as a matter of fact, a savvy US bettor wouldn’t really get his money into the middle on such a proposition. Enter the Asian handicap. This type of soccer betting originates from Asia, hence its name. Though it is nowhere near as popular as the win-draw-win (the bulk of the betting public is obviously intimidated by the weird name and the unknown structure behind it), the Asian handicap offers the bettor much better odds. Once you get the basics of the Asian handicap you’ll realize it’s actually extremely simple and due to the better odds that’s probably all you’ll ever want to use.

The first step is to understand how the Asian handicap works. Only by truly understanding the mechanism at work will you be able to take advantage of it, just placing Asian handicap bets for the heck of it is not the way to go.

asian_handicap

The Asian handicap eliminated one of the three possible outcomes featured by 1X2 betting. The draw is no longer an option with the Asian Handicap. You bet on either team A to win or team B. The whole setup is similar to the spread betting used in football and basketball: one of the teams starts out with a handicap, meaning that – because it is more likely to win on account of the superior collective skills of the players – it’ll start anywhere from a quarter goal to several goals down. If you bet on the favorite, it basically needs to cover that handicap for you to win. If the underdog prevents the favorite from covering the handicap, you lose. If you bet on the underdog and it loses by less than the “handicap” given to the favorite, you win the bet.

Though the betting mechanism at work in Asian Handicaps is extremely simple, finding ways to win is extremely tricky. Proper handicapping becomes more important than ever, because the nature of the sport you bet on. You may pick a favorite to cover a spread which you consider to be a decent one knowing the strengths of the two teams involved, only to find that the favorite isn’t exactly motivated and it settles for a marginal win, saving its key players for more important confrontations.

The way to find value in Asian Handicaps is a lot like the way you find value in the basketball or football lines. The bookmaker needs to balance every game he offers through the handicap (he aims to get bettors onto both sides, in a relatively equal proportion). He needs to do that so he can collect his vigorish (aka juice), risk-free. The juice works just like the poker rake does in online poker, with the difference that while in poker you can recover your rake through rakeback  in Asian Handicap betting you can’t really do the same.

As he balances his games by means of the spread, the bookie may be forced to perform line movements he wouldn’t normally perform. The reason for such line movements is the money, more of which may come in on one side than on the other.

Sports betting bankroll management

If you’re a poker player, you probably know how important bankroll management is in the game’s long-term balance. You secure EV+ through proper strategy, skills and rakeback deals. You then have to make sure that the EV+ (positive expected value) gets a chance to surface to start earning money for you.

The very same thing goes for sports betting. You need a decent bankroll and you need to learn exactly how much you can bet on an individual game in order not to endanger your bankroll.

Here’s an example to illustrate how the EV+ works and why you need to manage your bankroll.

In order to secure EV+ in a game, you need to be able to reverse-handicap games, track lines and find the hidden value. When you do find it, and you take advantage of it, the hidden value will give you an edge of a couple of percents over the bookie, whose vig/juice (a commission which is a lot like the rake in poker) would otherwise place him way out of your reach odds-wise. Those few percents of positive EV do not guarantee you anything, especially not in the short-run. In the long-run, they do in fact guarantee that you’ll walk away a winner, but for that, you’ll have to be around for the long-run.

The bottom line is: even if you’re capable of securing EV+ where most bettors can’t, it won’t do you much good if you fail to manage your bankroll properly.

Enough small-talk though: how much should you post on any given game then to make sure your bankroll exists for long enough to see the EV+ kick in for you?

betting bankroll management

Regardless of the actual size of your bankroll, you should never post more than 2-3% of it on any given game. Of course, there will be special games you’ll feel extremely strongly about. On such games – in order to maximize your profits – you can go as high as 5% but NEVER more than that.

The reasoning behind the numbers is simple: if you bet more than 5% of your bankroll on any one game, you’re practically guaranteed to run out of money if you hit around 54-58%. If you post less on every match-up though, your bankroll will survive and you will make money using this strategy.

The potential problems with this setup are obvious, and they’re mostly discipline related ones. Every sports bettor has a tendency to become greedy when he hits a winning streak. Why not bet more and risk more if you feel you’re going to end up with the win anyway? The temptation is certainly there but cold-hard math tells you not to give in to it. Just stick to your 2-5% and don’t waver.

The weird thing about successful sports betting is that winning feels a lot like losing. Even as a winner, you’ll have to accept the fact that you lose a lot. It has nothing to do with the exhilaration of hitting the jackpot in a casino, there’s nothing glamorous about it. Much like in online poker, winning’s about putting in tons and tons of hard work and then settling for the fact that a lot of the time you will lose even when you’re 100% certain you’ve delivered your best. Don’t chase your losses trying to fight losing weeks. You can’t fight losing streaks, you can only create the impression that you’re fighting at a great cost. Just ride along and accept the fact that losing streaks do happen. Never forget: winning feels pretty much like losing in sports betting. Don’t chase that “feeling like a winner” thing, you will not find it here.

Football Betting and the Value of Reverse Handicapping

Reverse handicapping. What exactly is it supposed to be? Plain handicapping is about the analysis of various game–related factors and their influence on the possible outcome of the game. While absolutely necessary, straightforward handicapping is seldom enough to give a sports-bettor a lasting EV+ edge. All squares do straight handicapping. How good they’re at it is an entirely different question, but as far as the scope of this article is concerned, that is quite irrelevant.

The bottom line is that your straight handicapping is not going to take you far, and it will most likely only get you to post your money on the square side of each bet.

Successful sports bettors know that straight handicapping, the understanding of the vig and the ability to read the lines are not enough to make sports betting profitable. Something called reverse handicapping is also needed. Reverse handicapping consists in the tracking of the line movements, with the full understanding of the factors that lead to those movements. In order to understand why the lines move at all, one needs to understand the MO of the bookmaker.

Reverse Handicapping

The bookmaker is always looking to make a risk-free dollar, and towards that end, he aims to balance every single match-up it offers as close to perfection as possible. Why is this balancing act needed? Suppose an X number of players get their monies into the middle on one side of a match-up, and a Y number on the other. If X is approximately equal to Y, the bookie can pay all the winners with the money dropped by the losers and keep the vig. It’s as simple as that. Of course, a perfect balance is quite impossible to achieve, but there are limits which the bookie is willing to cover from his own pockets/the vig. Anything that falls outside of those limits prompts a movement of the lines. Because he’s moving his lines on account of square pressure and not on account of actual facts that modify the base data of the match-up, the bookmaker will leave extra value on the other side of the bet. Good sport bettors call this the “hidden value” and they’re quite adept at finding and exploiting it.

As you can see, the above theory is pretty simple. The actual tracking of the lines/reverse handicapping is much more difficult, I’d even go as far as to call it daunting. The problem is that a movement of the lines can result from a variety of causes. Side notes can be a reason. Side notes are injuries, travel issues, suspensions and a bunch of other factors that do indeed impact the performance of a team. Any line movements caused by such factors are fully justified and therefore they never induce hidden value.

Another reason for line movements is smart money. This is quite probably the toughest to spot. Smart money is obviously the opposite of square money: it is money coming in from gambling syndicates or groups of professional players and it too can cause movements in the line.

As you can see, turning your sports betting into a long term EV+ activity is not exactly a simple achievement. You need to pull out all stops to beat the vig. In online poker, the rake is pretty much the same as the vig in sports betting. Players can combat the poker rake through rakeback deals though and thus they don’t need to consider a hundred different variables when looking to beat the house’s share of the action.

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