Why You Will Lose Money by Sports Betting

The odds just don’t allow it. If Chelsea draw then I lose 10, I can only winif Chelsea wins.

Gambling over the Internet

Sportsbetting has never been easier to do. Chelsea are expected to win most of their games and so the oddsfor Chelsea to win are very low, whereas the odds on the other team to win andthe draw are quite high. It is these differences in the betting odds thatensure that you will never win at sports betting.

Someone else bets 10 that Chelsea will not win.

You could win eight times out of ten then lose all your profitson the two games Chelsea lost or drew. The exchangetakes a 5% cut from the winner of the bet. Exchanges usebots (software) to keep the odds markets artificially fluid that ensure thatpeople will bet more, especially when an event is in running.

Even if you do become successful and manage a winning streak,the chances are that bookmakers will limit or even suspend your account and insome cases just refuse to pay out. They offer generousincentives for you to join them with some sites offering to match your depositup to 200 and do you know why? It’s because they know that they will get theirmoney back plus most of yours.

I place a 10 bet on Chelsea to win

Intheory you can become the bookmaker by laying every outcome so that you willmake a small profit once you have paid out to the winner. In practice making abook (as they call it) is almost impossible. Itis very unlikely that you will ever get the odds needed to complete a book. A very simple example:

Theonly person to win is the bookmaker, when did you ever see a bookmaker riding abicycle? Never is the answer. It is all down to maths. In other words, the more successful youbecome then the less you will actually win until eventually you lose any profitthat you gained.. In reality it’s much morecomplicated. Youmay even manage it once but then to keep on doing it, is very unlikely.

Betting Exchanges

A betting exchange is different to a usual bookmaker because youare matching your back bet with a lay bet placed by someone else. If Chelsea wins then I win 10 – 5%

Can you see that I am at a disadvantage from the start? IfChelsea lose then I lose 10. Nowadays, there is a way for you to become thebookmaker, due to the emergence of Betting Exchanges such as Betfair andBetdaq.

The only people who are making money out of gambling are the bookmakers;the exchanges and the spammers who sell systems that promise you the earth.Don’t fall for it; within a few months they will be selling another systembecause their earlier ones don’t work.

That was a very simplistic example. There are literally thousands of sites onthe Internet all dying to get their hands on your money

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Casino-Gaming :: Online Bridge and Its Variant Casino Card Games

Spades scores on basis of hands, requiring winner to attain a fixed figure in points which is decided on before game starts. It lets you beat the opponent in a visual manner but there is no bidding involved. There are no trumps in Minnesota whist so its quite close to Norwegian whist. Different variations employ different rules. Bridge remains one of the most difficult card games to play. Since this is essentially a game of contract bidding, it involves playing for money. Suit whist is a Belgian adaption of Solo whist while bid whist is a partnership game where bidding is done.

For card game fans, bridge is more than a game. Spades is played on jailhouse rules wherein tactics like point based sandbagging are penalized and there are many options in house rules. . Unlike in whist, this game is based on the premise that spade suit is trump. A 200 point target is considered short game and longer games can go up to 500 points. Whist has different variations including Knockout whist, Solo whist, Bid whist and Minnesota whist. Game is opened by player on left of the dealer, with others following suit.

Whist is a variation thats been checked in popularity by bridge but nonetheless an interesting game. Its a sport on its own with websites, blogs and columns exclusively dedicated to the game. Israeli whist is linked to Oh Hell, where player attempt to bid on tricks.

One version of online Spades uses only a set whereas another uses two joker cards- big and little in addition to the full cards set. A deal can use two card packs and 13 tricks are played. Online casinos offer a whole lot of classic bridge and variant versions for free download and play. Bridge has another popular variation called Spades which is quite simple. At a time 2 to 5 people can play either solo or in partnerships. The classic whist is a trick game for four players who begin with fixed partnership. Only people who understand the nuances well, can keep in step with complicated strategy manage to win.

In whist a 52 pair is used and game is held clockwise with cards ranking from highest card- the ace to lowest, the card 2. Having evolved from a game called Ruff and Honors, Whist was popular through the 18 and 19 century. A young game, spades is already popular online

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To make NFL fantasy football bet with decent odds at winning, one really doesnt need mathematician skill with numbers and figures, nor does one need to go through the endless player statistics with their numbers and decimals and percentages. There are websites that are endlessly pored over with the whys and hows of the success and failure on various NFL football teams and players. Many betters feel that all they need to give their bet that extra added advantage is to look out for expert NFL football picks.

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Betting on team games like football doesnt have to be as risky as betting on horseracing, or tennis, or on a casino roulette wheel. With NFL picks, you get a proven system backed up by analysis of experts in the field. Since these picks are based on the trends of the different NFL teams, on the performances of the players, and the techniques and strategies followed by the coaches, they give one the confidence to bet

Why We Watch Sports – free article courtesy of ArticleCity.com

But our lives are unaffected. Again, this goes back to the fact that we are ruled more by our ‘primitive’, survival-driven, fight or flight brain than our reasonable and intelligent ‘modern’ brain. Again, watching sports allows us to enter a perfect world where the suspenseful outcome has no bearing on our real lives (unless you have a nasty sports gambling problem of course).

This article was posted on January 10, 2006

<< Back to “Recreation And Sports” Index

And since our modern lives no longer contain any real physical danger and all our basic needs are immediately taken care of, we now have a void that needs to be filled somehow, our primitive brain expects it.

We’re All Just Big Children:

Whether you want to believe it or not, humans are a lot closer to nature and the animal world than most people like to think. Not only are the answers interesting in themselves, but they may just help you in other ways too.

People love drama, suspension, and resolution, which are all elements inherent in sports. When things are only seen in black or white, things indeed seem simpler and easier, but life isn’t so clear-cut.

And unlike life, sports and games are generally fair! There are rules and a crystal clear framework, or paradigm that all the participants and spectators know about. When our team wins, we experience a sort of dominance over the opposing team and their fans. Sports can be the same way. In fact, the closer the game, the more suspension there is. We get to pretend that the game we’re watching is life, where everything is perfectly fair, everyone plays by the rules and everything makes sense.

There are some fairly straightforward and obvious explanations for why we like sports to be sure.

Our primitive desire for dominance is represented in sports. If rules are broken, the offender is penalized. Deep down inside we are a little more mature and wise, but basically still just children. We all want to belong to something; it’s a basic human need since we are such social animals. The primitive brain, or lower brain function, deals with fight or flight behavior, hunger, fear, and sex, among other things. . There is a beginning and an end. There is a scene and setting, the stadium at noon, and there is a plot, which is the action. There seems to be an innate desire for war, even in so-called ‘modern’ man. And yes, some of us still lie and cheat in our normal day to day lives. But there’s one important distinction; unlike war, no one has to die in sports. We still want to belong or be accepted by our peers, we all still want to be loved, we still feel emotional pain, and we still find ourselves giving in to immediate gratification when we know better. Pathetically, that last statement holds true for almost any time in history, regardless of when you’re reading this. It gives us the illusion of battle, war, victory and defeat, without the consequences. We don’t have to look farther than our own stadiums where pandemonium has broken out in protest to a call or in celebration of a win. They don’t frustratingly get away sometimes like in real life.

Every sports game is like a tiny war between tribes, with an end and a declared victor.

This helps explain why politicians who break their platform down into simple sound bites and into terms devoid of complexity often do better than politicians who talk about life like it really is, a complex, interrelated world of nuances.

Our tribal instincts are fulfilled by sports. Watching sports is one excellent way for people to reconcile these inescapable facts.

What Do Watching A Horror Movie And Sports Have In Common?

Whether you want to believe it or not, all adults are just big children.

Ever wonder why so many people, including maybe you, enjoy watching horror movies so much? They provide a safe way for people to experience high levels of suspension without actually being in any real danger. Following a player, team or game allows us to experience ups and downs and a whole array of emotions, just like in real life, but we aren’t actually affected. Our behavior is guided much more by our ‘primitive brain’ than our more recently developed neocortex, which is the seat of our intelligence. It is only through living and maturing that we realize that all of life is a series of grays. We’re not just close to nature; we’re a part of it! Evolutionarily speaking, we are much closer in time to our unintelligent animal ancestors than we are to a transcended sentient species apart from nature. Some may argue, depending on whether they pee standing up or sitting down, that this is especially true for men. Maybe that’s why there are more men sports fans than women.

One of the reasons going to a game is more exciting than watching it on TV is that there is a kind of energy created when so many people get together and root for one cause. It gives us a way to bond, it’s cathartic, and we identify with teams and players. We may not say it out loud anymore, but we still think to ourselves sometimes, “That’s not fair!” We would rather play than work. Indeed, look at the world today and how many current wars are going on, and you’ll see how far we are to real peace. Sports fit the bill. In fact, the real things that cause us to like sports are in every person, whether we like sports or not. And it gives us the illusion of being a child again, even if it’s all temporary.

Our primitive warring nature is satisfied by sports. However, if the player’s team loses, we feel the defeat a little as well. What things can we learn about human nature by simply looking at our fascination with competition? The answers may surprise you. Or we can sympathize with the NASCAR driver who gets passed by a competitor, but throws it into a higher gear and chases after him.

Why We Watch Sports

by: Jason OConnor

Whether you want to believe it or not, we like to watch sports for very different reasons than you may think. It gives us the illusion of reality where there are no consequences. Our primitive or reptilian part of the brain is that old, but our brain’s extra large neocortex, the thing that separates us from other mammals, came about only a couple million years ago, a mere drop in the evolutionary bucket. But we all still long for a simpler and easier life. Watching someone chase the man with the ball in basketball, soccer, or baseball affects us in similar ways.

But there are some deeper, more powerful and fascinating reasons too.

We certainly hide things better and often successfully ‘act’ as if we don’t care about belonging, or love, or pain, or whatever. There is a protagonist (your team) and an antagonist (the other team). There are never any monkey wrenches thrown into a sports game, like the rules changing mid-game for instance. So the next time you deal with a difficult person, remember that they are just a large child, like you and everyone else, and maybe that knowledge will help you deal with them a little more easily.

Reptilian Brain and War

Our predatory nature is lit up when we see a linebacker following a running back through a mass of football players, waiting for the perfect moment to strike his prey with a tackle. If we identify with a player and he wins, we are vicariously happy for the success.

A common, yet erroneous concept is that the human brain is the result of billions of years of evolution. We can understand what it feels like to check another player in hockey and slam him into the boards. Sports teach us about loyalty, perseverance and honor.

A sports game is a sort of story. We identify with a team like our ancestors would identify with their tribe. We all yearn for some level of drama in our lives. You may not like sports at all, but we are all a quite childlike inside. We live vicariously through the players we watch. And sports announcers usually only add to the drama and suspension.

You see, watching sports gives us a perfect, safe and secure, black and white, little microcosm of life. We have our favorite players, and there are teams we’ve grown up rooting for because our brother or dad used to love them, and now we still root for them today. And we are all constantly affected by our primitive brain. Only after the games ends, and depending on if your team won or not, is it decided to be called a fairy tale ending or a tragedy.

At the end, there is an unambiguous winner and loser. We can relate, on some deeper and unconscious level, with the guy running with the football towards the end zone and being chased by a pack of angry men. This is especially true for the Western world’s modern man, where community has taken a back seat to independence.

Children tend to think of things in much more black and white terms. Sports strongly appeals to the gaming and struggle instincts of humans.

Our basic flight or fight mentality is manifested in sports. We’re all just big kids. We just hide our true feelings and thoughts with highly developed skills (or at least most of us do). You might even liken it to a mob mentality. Or we may follow a sport now that we used to play as a child. The neocortex has not had much time to develop, and so our primitive brain plays a significant role in our lives.

Watching sports allows us a temporarily safe and socially acceptable way to be more like our true nature, and our true nature is frighteningly childlike

PGA golf betting odds to win 2015 Shriners Hospitals for Children Open

Steele’s only win on tour came at the Valero Texas Open in 2011. He’s played in 498 tournaments on tour and has career earnings of $28.9 million. Martin has started 82 tournaments on tour and has career earnings of $4.54 million.

Martin Laird – 66 to 1 odds

Martin Laird from Scorland won the Shriners Hospitals for Children Open in 2009. Will Wilcox shot -11 under to finish in a tie for 10th place last week. He is looking for his first PGA Tour win. The good news is that his last win on tour was in the 2013 Shriners Hospitals for Children Open.

T-4. Which Rickie will show up this week?

Jason Dufner has three wins on the PGA Tour including the 2013 PGA Championship golf major. Rickie Fowler played poorly a couple weeks ago at the 2015 Presidents Cup, posting a record of just 1-3 and he lost his singles match in record time to Adam Scott. He’s earned $10.9 million on tour to date.

Kevin Na is 22 to 1 odds this week after he lost last week in a playoff at the 2015 Frys.com Open. Brooks Koepka won his first PGA Tour win at the Phoenix Open last February. Byrd has six wins on tour but his last win was in 2011. He will likely play better this week and a win is not out of the question.

Jonathan Byrd – 150 to 1 odds

Jonathan Byrd won the Shriners Hospitals for Children Open in 2010. Jonathan Byrd has played in 351 PGA events and he’s earned $18 million on tour to date.

Stuart Appleby – 400 to 1 odds

Stuart Appleby won the Shriners Hospitals for Children Open in 2003. The 2015 Shriners Hospitals for Children Open will be the 192nd tournament for Scott Piercy on tour. Charley Hoffman is playing in his 281st career event on tour this week. 3. Rickie Fowler – 10 to 1 odds

2. Dufner got a divorce from his hot wife Amanda Boyd earlier this year and rumors are that she is or had been dating Tiger Woods. Due to his name he’s sometimes confused with Robert Allenby but he’s nothing like Allenby.

Martin Piller – 300 to 1 odds

Martin Piller is listed here because he’s married to Gerina Piller who plays on the LPGA Tour and is one pretty lady. Good luck to all the PGA golfers and especially the bettors this week at the 2015 Shriners Hospitals for Children Open.

Brendan Steele led the Frys.com Open over the first three days but he faded badly on Sunday shooting a 76 to end up in a tie for 17th place at -10 under. The one thing Kevin Na does have going for him this week is that his lone win on tour was at the Shriners Hospitals for Children Open in 2011.

The 2015 Shriners Hospitals for Children Open is the second tournament in the 2016 PGA Tour schedule and all FedEx Cup points players earn here this week will count for the 2016 FedEx Cup chase. Brendon Todd, Charles Howell, Will Wilcox – 45 to 1

11. Open in 2012, but his last win on tour was in 2013. Charley Hoffman – 40 to 1

In addition to the betting odds for each player who has odds of 50 to 1 or less this week, notable players with higher odds are also listed with comments for each player. Koepka hits the ball a mile so he’s always a contender especially if he can chip and putt well. Bohn has two wins on tour but his last win was in 2010. Emiliano Grillo, Jimmy Walker, Ryan Moore, Brandt Snedeker – 25 to 1 odds each

T-12. Patrick Rodgers, Brendan Steele – 35 to 1

Scott Piercy has three PGA Tour wins including a win at the 2015 Barbasol Open in July. Laird played last week and shot -2 under to finish in a tie for 64th place. Tony Finau, Webb Simpson – 30 to 1

14. Keegan Bradley, Hunter Mahan, Ryan Palmer, Russell Knox, Chris Stroud – 50 to 1


Tony Finau finished last week at -7 under and tied for 32nd place. Appleby has nine PGA Tour wins but none since 2010. The 29 year old is looking for his first PGA Tour win.. Brendan Steele is Tony Geary’s (Luke from “General Hospital”) nephew. That was Laird’s first of three PGA Tour wins. Ryan Palmer has three tour wins but last was in 2010. Russell Knox is looking for his first PGA win at age 30. He did shoot -11 under last week to tie for 10th at the Frys.com Open.

At the relatively high odds of 10 to 1, Rickie Fowler is the betting favorite this week to win the 2015 Shriners Hospitals for Children Open. Todd won the 2014 Byron Nelson for his lone win on tour in 117 starts. Can he repeat again this week at 25 to 1 odds? He’s a better bet than Kevin Na. His earnings stand at $18.6 million.

1. This is a decent spot to try and get that first win but 30 to 1 odds are probably too low for a bet on him this week. He has career earnings of $14.8 million playing in 296 events on tour.

Charles Howell was at -10 under after three rounds last week and in contention to win but he shot even par Sunday to finish in a tie for 17th place. Scott Piercy – 33 to 1

Keegan Bradley won the 2011 PGA Championship and he has three wins on tour but his last win was in 2012. He also won the Arnold Palmer Invitational in 2011 and the Valero Texas Open in 2013. Jim Furyk holds the record for most wins (1995, 1998, 1999) in the tournament with three and he is the only player to win more than once.

Charley Hoffman has three wins on tour with his last win coming last November at the OHL Classic at Mayakoba. Martin is 28 years old and his win here last year remains the only PGA Tour win of his career. Kevin Na – 22 to 1

8. Bohn then hit a nice shot onto the green after he got relief but he missed a putt that would have put him into the playoff with Na and Grillo. Mahan shot -7 under last week to finish in a tie for 32nd place. His other wins were at the RBC Canadian Open in 2012 and the Reno-Tahoe Open in 2011. Jimmy Walker and Brandt Snedeker are two proven PGA Tour winners who both tend to win during the earlier months of the PGA season, which makes both a threat here. His two other wins were at the Deutsche Bank Championship in 2010 and the Bob Hope Classic in 2007. Hunter Mahan has six wins on tour with his last win coming 14 months ago. Jason Bohn – 28 to 1

The 2015 Shriners Hospitals for Children Open on the PGA Tour is taking place this week from October 22-25, 2015, at the TPC at Summerlin private golf club located in Las Vegas, Nevada. Brendon Todd shot -9 under last week to finish tied for 26th place. He’s looking for his first win as a rookie on tour and this is not a bad spot to get it.

T-15. Patrick Rodgers shot -12 under last week to finish in a tie for 6th place. He also won the Turkish Airlines Open on the European Tour last November. Webb Simpson has four PGA Tour wins including the major U.S. Chris Stroud is looking for his first win too at age 33. First played in 1983, this tournament was a 90 hole event until it switched to 72 holes in 2004. Ryan Moore also fits that mold as he’s won four PGA Tour events and three were in the early season in the fall including a win in this tournament in 2012.

Brooks Koepka is the second choice in the betting at odds of 16 to 1. Brooks Koepka – 16 to 1

T-9. He might just be due for another win this week.

Jason Bohn was right in contention at the Frys.com Open last week until he shanked a shot on the last hole into the table umbrellas for guests. Anybody who wants to bet Kevin Na to win this week better have some guts because Na has just one PGA Tour win in 300 events. Here is a list of the betting odds for the PGA golfers to win the 2015 Shriners Hospitals for Children Open.

T-18. Martin sometimes caddies for his wife but he’s trying to win some dough himself this week. Tiger Woods recorded the first professional win of his career at this tournament (called the Las Vegas Open then) when he beat Davis Love III in a playoff in 1996. That has to mess with your mind so it will be interesting to see how Jason Dufner plays this week.

Ben Martin – 80 to 1 odds

Ben Martin won the Shriners Hospitals for Children Open last year and he is 80 to 1 odds to repeat this year. Rickie Fowler did have a very good 2015 season, winning The Players Championship, Scottish Open and Deutsche Bank Championship. Martin Piller has earned $221,398 on the PGA Tour in 28 starts. Gerina Piller has earned $2 million on the LPGA Tour including $84,703 last week at the LPGA Hana-Bank Championship. That earned him $73,333, which is par for the course for Howell who has won just twice on tour in 450 starts but has earnings of $29 million. Neither husband or wife have ever won a tournament on their respective tours.

Emiliano Grillo is the PGA rookie golfer who just beat Kevin Na in the playoff at the Frys.com Open to claim his first title

How to Understand the Point Spread When Betting on Sports by RJ Bell

In the newspapers and on the Internet she always sees “point spreads” (sometimes called “lines”) on the games but isn’t exactly sure what the numbers mean. The first is from the underdog’s perspective; the later is from the favorite’s.

Who Really “Won” the Super Bowl?

Contributed by:

RJ Bell

┬ęPregame.com 2006

Website: http://www.Pregame.com

Looking at it from the underdog’s perspective, Philly did not win the game, but they lost by less than the point spread (7), so the ATS result was a WIN for Eagle bettors. An Eagles bettor wins his bet either if:

Keep in mind that Philadelphia +7 and New England -7 is the same point spread on the same game, simply stated differently.

Philadelphia Eagles +7 vs. When a game is stated from the underdog’s perspective the team is listed with a plus sign and the number of points they are underdogs by:

Those teams, though, are rarely exactly evenly matched – meaning that typically one team has a better chance than the other to win the game. Most people believed the defending champ Patriots to be the better team – so if betting were simply based upon which team would win the game, an uneven majority of people would have wagered on New England . OR

Adding the point spread to the underdog’s score (thus the plus sign before the number) and then compare to the favorite’s score

For Those Who Like to Consider Things Mathematically

New England Patriots -7 vs.

The favorite, New England , won the game but not by more than the point spread they were favored by (7), so the ATS result was a LOSS for Pats bettors. She knows a lot of people have a blast betting sports and wants to join the fun.

The better team, called the Favorite, is expected to win the game and must “give” or “lay” points to the weaker team.

Let’s look at Super Bowl XXXIX, New England Patriots vs. After this adjustment is made you get the Against The Spread result (ATS result for short). Philadelphia Eagles.

And now hopefully you understand how to read point spreads, putting you one step closer to joining the fun of sports betting. You can determine the ATS winner by either:

Subtracting the point spread from the favorite’s score (thus the minus sign before the number) and then compare to the underdog’s score .

Philly wins the actual game by any amount of points

If winning were that easy the Las Vegas and offshore sportsbooks would stop taking any bets! This is where the point spread comes in: the basic function of the point spread is to balance the likelihood of each team “winning” by adjusting the final score by the point spread. But Emily is unsure of how to get started with sports gambling. But, by using the point spread, the bookmakers adjusted the terms of the bet, evening the proposition so about half the people believed the Pats to be the smart bet, while the other half considered Philly to be the smart bet. New England Patriots

Not a must, but for some a mathematical approach is insightful. Philadelphia Eagles

Emily loves sports – college football, NFL, and NBA.

There was also the possibility that the final score could land exactly on the spread number (for example, the Pats winning 28-21 when -7), which is called a “push” or “no action” and a refund is then issued to bettors of both teams.

Mathematically considered, 24 for the favorite Pats minus 7 equals 17, which is less than the 20 the Eagles scored, so the underdog Eagles win the ATS result (or you could figure 20 plus 7 equals 27 for the Eagles, which is more than 24 for the Pats). The Eagles may not have gotten a Super Bowl ring, but since they won the ATS result Emily’s boyfriend cashed his bet – giving him money to take her out to a nice dinner. The favorite is listed with a minus sign and the number of points they are favored by (e.g., New England -7)

How to Read the Point Spread

In the case of our example, New England must not only win the game, but they must win by more than 7 points for Pats bettors to have a winning ATS result.

Emily’s boyfriend understood the point spread and wagered $100 on the Eagles at +7.

Philly loses the game by less than 7 points. Emily’s not alone in needing the basics of point spreads explained, so let’s all learn how to read point spreads together.

What Is the Point Spread?

Let’s look at the actual result of Super Bowl XXXIX: New England 24 Philadelphia 21

Understanding point spreads is a key first step to learning about sports betting. Then we’ll be on our way to enjoying the fun of sports betting.

The same game with the same point spread can be considered from the weaker team’s perspective: The Underdog (Philly in the case of our example) is not expected to win the game and thus receives or “gets” points given by the stronger team. If bettors were allowed to bet on who was simply going to win the game, smart ones would obviously bet on the better team (likely winning more than 50% of the time in the process).


In any football or basketball game (the main sports that use point spreads) there are two teams playing against each other

Casino-Gaming :: The Aspects that Affect Horse Racing Bets Odds

With out the horse race betting odds, an individual would have no approach to determine which horse to bet on.

3) House – it can be generally the case that the “house” or the track basically locations a bet on the horses. But what factors affect horse racing betting odds?

The reputation of a horse and its rider sets the horse racing betting odds. This includes the physical condition of the horse, which tells you about its possible performance within the race. The horse race betting odds are affected by the reputation primarily due to the fact that it’s, actually, an amalgamation of the outcomes of the horse’s prior races. Due to this, the horse race betting odds become adjusted.

People who gamble their cash in competitions like boxing matches or horse racing know that they can not bet their money indiscriminately. This is often the case when a gambler wants to win a distinct quantity of cash. 1 thing that those who bet on the track consistently do is consult the horse racing betting odds. This way, they’ve a larger chance of winning although their winnings would be comparably smaller.

Right now, the condition of the horse is so vital that many different experts make use of several equipment so that you can observe it appropriately. These figures assist them decide where to place their funds on. It also includes the emotional condition or “fighting spirit” of the horse which will tell you how far a horse will go to achieve its possible.. The reputation of a horse and its rider is earned via countless races. Those figures help the undecided commit their money to one thing. If, as an example, he or she bets on the “underdog” of the race, he or she could win a enormous amount of money. Therefore, if the horse is really a virtual unknown, then it could be hard to set the horse race betting odds.

Needless to say, many people just go with the house considering that the home is really able to observe the competitors much better. This is due to the truth that the reputation supplies folks with the initial impulse to bet or not to bet. A number of people today base their bets on the choice created by the track. Some people today might see this as an extravagant expense, but individuals who are in on the company know that a good deal much more dollars depends on the condition of the horses.

1) Reputation – the reputation of the horses and their jockeys certainly affects the horse racing betting odds. If you consider it which is the factor on which they base the horse racing betting odds before it could be affected by other elements. You can’t trust your revenue to pure luck if you have other aspects to look at. By “condition” we refer to the numerous characteristics of the horse and of the rider before the actual race. This may assist figure out the actual horse race betting odds inside the day of the race.

2) Condition – prior to the actual race, lots of “experts” study the condition of the competitors. They bet their income depending on the chances shown by the horse racing betting odds.

What’s significant about horse racing betting odds is the reality that those figures are info. You see, gambling in events like these don’t purely depend on luck. Thus, a reputable competitor gets beneficial odds of winning a race

Nevada looks to cash in on online gambling resurgence

He sold it for $100 million profit. Now, New Jersey and Delaware plan to roll out online gaming, and other states are considering it. Now he’s hoping to do for poker what he did for travel: make it accessible online. “When I get home from work, I try to spend time with the kids and the family and the wife, and then to relax, I like to get online about 10 or 11 at night and wind down before bedtime,” he said. It’s long been America’s most popular card game. Goldman said of playing, “If I’m focused on just making as much money as possible, I would say online poker is probably your best bet. You can play lots of different tables at once.”

Unregulated poker flourished online for years until the federal government shut sites down in 2011 for violating interstate finance rules.

In Vegas, you can find a game of poker at any casino, any hour, any day. The rules have since been reinterpreted, opening the door.

Now, Internet entrepreneur Tom Breitling wants to have poker at any computer any hour, any day. He bought and sold Vegas’ Golden Nugget, making another $100 million. He’s betting young fight fans will become poker fans.

Breitling started an online travel site that became Expedia.

Bree Goldman is one of the players on Breitling’s site. During the Civil War, soldiers played between battles. Breitling’s website went online in Nevada last month and has already dealt two million hands to poker lovers..

Breitling, chairman of Ultimate Gaming, said, “When a customer feels safe, then they are willing to spend their entertainment dollars with you.”

Breitling’s partner in this high stakes poker venture: Ultimate Fighting Championship. The state set strict regulations: players must be 21; must be in Nevada, and must stake their funding up front. He explained, “It starts in Nevada, and then it goes to the rest of the country.”

(CBS News) Online gambling was almost a bust in the U.S., but now, players are being dealt in once again, and Nevada is cashing in.

For safety, Breitling created an ultra-safe website. His website might look like a standard video game — old school even. “So I mean, that’s a win, win.”

Watch Bill Whitaker’s report above.

2013 CBS Interactive Inc. But it’s new and it’s big. All Rights Reserved. Poker fanatic, James Placek, likes the casino, but likes online gaming better. But Nevada was first. He said, “The core demographic for UFC is almost a perfect overlap with online poker — loves new technology, loves to play games, highly disposable income.”

With online poker expected to generate $400 million in Nevada in four years, Breitling’s betting other states will be at the table soon. It’s been dealt in saloons and around kitchen tables