Category Archives: Live Betting

Detroit Pistons at Philadelphia 76ers

sports betting siteThe Detroit Pistons and the Philadelphia 76ers meet for the fourth and final time this season.
The Detroit Pistons were able to snap an ugly 10-game skid last night with an impressive 105-95 win over the Grizzlies despite playing without the injured Greg Monroe. Kentavious Caldwell-Pope led the scoring with 24 points while Andre Drummond added 16 points and 16 rebounds, but the night belonged to Reggie Jackson who broke out with 23 points and a career-high 20 assists. As a team, the Pistons were able to dominated the second half by 66-41, erasing a 15-point half time deficit and improve to 24-43 on the season.

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the Philadelphia 76ers have lost 12 of their last 15 and are coming off a 108-89 loss to the Celtics. Nerlens Noel continued his strong form with a team-high 18 points, Ish Smith added 16 points and Hollis Thompson added 13 points but the Sixers were simply blown out of the water right from tipoff as they fell behind by 38-18 after the first quarter and could never threaten to come back. The Sixers have actually been pretty competitive lately, winning two of their last five and staying within single digits in the other two losses, but this was a loss cause before halftime.
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Philadelphia has won two of three matchups with Detroit, posting its best defensive effort this season in an 89-69 victory in the most recent meeting Jan. 28.

The Pistons shot 30.7 percent in that contest, their worst since hitting 30.5 against Indiana on Feb. 15, 2001.

Injuries
Greg Monroe (knee) sat out Tuesday’s game but is expected to face the Sixers.

Quincy Miller (ankle) is day to day.

Brandon Jennings (Achilles) is out indefinitely.

Joel Embiid (foot) and Tony Wroten (knee) are out indefinitely for the Sixers.

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Horse Racing Betting Strategies

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The “POP” Pick 3 Strategy

The pick 3 can be a very profitable wager if a good strategy is used. You will want to be able to single a horse in one leg and have a chance for a nice payout. It makes no sense to play the bet if you single a 2-1 shot with a few other horses in small fields because, even if you win, the payout will be small and not worth the bet. We have developed a pick 3 strategy that is designed to
A) Not cost a lot to play and
B) Has a good chance to pay very well if it hits.

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Here are the rules of play:

– You must have one horse to play as a single in one of the legs. This horse has to be “special” in some way. Morning line odds on this horse has to be equal to or greater than 3-1. The reasoning here is that we are trying to find a pick 3 bet that is not going to be played by everyone at the track. Who needs a pick 3 that pays $35? If you use a horse with a ML of 5-2, 2-1, 9-5, 7-5, etc, chances are it will be heavily bet. So, rule 1 is a special horse with a ML equal to or greater than 3-1. Not a very hard find on a typical card at most tracks IF you have the right information.

– True Odds on this single key horse has to be equal to or less than 6-1. Many of you know a value odds horse can SOMETIMES be a possible outstanding candidate for a single if you are looking to make a nice score. Do NOT use the Value Odds horses as your single key exclusively. There are plenty of nice overlays on the reports that are not Value Odds picks. As you get to know the reports and take notes, you will know rather easily which horse to make your “special” single key.

– The other 2 legs of the pick 3 that coincide with your single play must have a minimum of 8 horses entered. If they are chaos/contentious races all the better.

– Key the aforementioned qualifying single to each horse in the other 2 legs that have True Odds equal to or less than 6-1. The reasoning behind this is that an amazing number of winners have our true odds of 6-1 or less (NOT morning line odds). That threshold of 6-1 is very evident. It is like the Mendoza Line, Mason Dixon Line, etc. Keep in mind it does not matter what the morning line odds are on these horses. Some of these horses are 20-1, 15-1, 12-1, 10-1, etc but as long as their True Odds are 6-1 or less they are a major contender. An amazing thing we find that is there are a lot of these 3-1, 4-1, 5-1 and 6-1 true odds horses paying very well as overlays. Most of the time you will have 4 or 5 horses within this true odds range. This means your ticket will usually cost between $16 and $25 on a $1 base.

– Keep in mind the bankroll rules with this wager as in all wagers. To place a $25 wager you should have a bankroll of $500 (max 5%) or more. If you are going to play pick 3’s you should set aside a separate bankroll just for pick 3’s. If you have a light bankroll we suggest you do not place this wager or play a light version of it. The light version would be your key single with 3 horses in the other 2 legs each. The 1 horse with 3 horses with 3 horses only costs $9 on a $1 base. You pick any 3 that you want as long as they are within the true odds range.

– If you like a horse within one of the 3 races of the pick 3 that you play, and he is at nice odds, always back up your pick 3 bet with a win bet on that horse. You definitely do not want a $25 horse to win, miss 1 leg of the pick 3 and not cash a ticket on him. You have (or should have) a separate bankroll for win bets and you would follow the usual % of bankroll rules for the win bet.

– Buy a notebook. On the front cover or the side write the words or print a label entitled “Wagering Log”. Keep detailed notes and records on all the bets you place and their outcome. This should be done for ALL your wagers. We have a saying around here: “Those who do not take notes or keep a wagering log make it possible for those of us who do cash in on overlays”. Something as simple as this can change a player’s bankroll. By keeping a notebook, the player becomes more studious by nature. A student of the game will beat this game over time. From Webster’s: stu.di.ous – dilligent or earnest in intent. Was it your “intent” to make a profit in this game? Yes, of course. You know what you need to do.

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Become A Horse Betting Master

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Whether you’re a beginner, a veteran. Once you enter the Grandstand — the area where everybody hangs out and gambles — you’ll need to know a few things to start tapping that bankroll and making a penny or two. Here’s a basic horse-betting primer:

For beginners:

  • The most common horse-betting increment has been $2. Sure, you can bet a crisp $100 bill, too, but we’d suggest starting with a two-spot.
  • If you bet the favorite every time, you’ll have approximately a 33% chance of winning.
  • You’ll be betting in a parimutuel environment, meaning all bets of a specific type are put into a pool. Winnings come out of that pool. So it’s unlike poker or blackjack, where you’re betting against the dreaded House. Here, you’re up against other horse bettors.

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  • Normal or “straight” horse bets come in three forms: Win – You’re betting on the horse to cross the finish line first — i.e., to win the race. Place – You’re betting on the horse to come in either first or second. Show – You’re betting on a horse to come in first, second, or third.
  • Horse betting is all about the odds. If you bet $2 on a horse to Win with 2-1 odds, you’ll more than double your money to $6. In other words, multiply $2 x 2/1 + your $2 initial bet. Third-grade math skills go a long way in adult life.
  • At the track, beginners should place bets at a betting window, manned by a human being. There is a level of comfort you reach standing face-to-face with a person and reading your bet to them — rather than using an electronic gambling machine or ADW.
  • Horse betting follows a sequence. Let’s say it’s the 5th race and you want to bet on horse No. 4: approach the betting window and declare to the teller, “At Aqueduct, in the 5th race, I’d like to put $2 to win on the No. 4 horse”. That’s how you place a bet at any track: Racetrack, Race, Dollar Amount, Bet Type, Horse Number.
  • Once your bet has been placed, the teller will hand you a ticket, which will have your exact bet on it — and, like a lottery ticket, you can exchange it for cash later if your bet is “in the money”.

Gambling Veterans

Typically, it takes awhile to get good at horse betting, so don’t get down on yourself if you lose some money upfront. Being a degenerate gambler is not really about how much you make, money-wise; it’s more about the thrill of the game, being a savvy operator, and beating the odds. Here’s a primer for taking the leap into multi-wager or “exotic” betting:

  • The horse-betting veteran will be looking at just about every piece of data in a horse’s past and present to try to get an edge on an upcoming race, including: the horse’s trainer, its bloodline, the day’s weather report, racetrack conditions, how fast the horse ran in his/her previous race, and even the equipment on the horse.
  • You will have bought the Daily Racing Form, basically the Bible of past-performance data for horses. NOTE: For an even fresher perspective, you may have also brought the day’s paper, which has some local handicapping information in it. For example, the New York Daily News’ horse racing analyst is Jerry Bossert.
  • Bets can be combined in a number of ways to maximize your winnings. They cost a little bit more to place, but the payouts can be much higher, depending on the horse’s odds. Here are the basics: Exacta – You pick the first two horses in order, the Win and the Place horses. Quinella – You pick the first two horses in either order. Trifecta – You pick the first three finishing horses in a row: Win, Place, and Show. Daily Double – You pick the winners of two consecutive races.
  • At Aqueduct, besides the normal multi-pick wagers, you have the chance of picking even more winners and getting even bigger payouts. File these under “almost impossible”, but as a savvy horseplayer, it’s entirely possible that you’ll hit one or more of these a year, if you do your homework: Superfecta – Pick the first four horses in order; i.e., Win, Place, Show, 4th Horse. Grand Slam – Pick a horse to finish in the top three in three straight races, capped by the winner of the fourth race in the sequence.
  • Pick 3, Pick 4, Pick 6: These are as they sound — pick the winners in 3, 4, and 6 consecutive races. The races are predetermined by the track, so you can’t just pick any three races.

 

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From Home Games To Games Online

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American Betting Odds

American odds have become incredibly commonplace, despite the fact that they are not as easy to read as other formats. As an example, American Odds read like this:

Odds To Win Super Bowl:

  • Team A: -150
  • Team B: +200
  • Team C: +600
  • Team D: +1000

With American odds, the number represented is how much you have to bet to win $100. If the number is preceded with a “+” sign, then you would risk less than $100 to win a wager worth $100. And, the opposite is true when the number is preceded with a “-” where the bettor would have to risk more than $100 just to win $100 of the wager.

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In the example above, you can see that Team A has the lowest number of the group and are considered to be the favorite to win this bet. If you wagered on Team A to win the Super Bowl and they end up winning, you are going to need to risk more than $100 to win $100 as indicated by the “-” symbol preceding the payouts. In this particular example, a bettor would need to wager $150 to win $100.

On the opposite side of that, the other 3 teams in contention all pay better than 1 to 1 odds (risk less than $100 to win $100). Team B is at +200: risk $50 to win $100. Team C is at +600: risk $16.67 to win $100. Team D is at +1000: risk $10 to win $100.

Fractional Odds

Fractional betting odds are the easiest to understand. Just about every single sportsbook that caters to Americans has the option available for fractional odds. And, while they may seem daunting at first, you don’t really need to understand complex fractions in order to utilize these odds. Lets look at an example:

Odds To Win Fight:

  • Fighter A: 4/7
  • Fighter B: 3/2

In order to best understand these lines, you first need to look at the ratio to 1. In the example above, 4/7 odds is less than 1 and the opposite can be said for the other side as 3/2 is more than 1. Once you have determined this, you can figure out the favorite.

To figure out which side is favored, you simply need to figure out which is the lower number. In this case, Fighter A is at 4/7 odds which is less than 1 and Fighter B is at 3/2 odds which is more than 1. Fighter A’s wager is the clear favorite as it is the lower number.

So, how do you figure out what these pay? Again, we refer back to 4/7 being less than 1, and 3/2 being more than 1.

Anytime fractional odds are displayed at a value of less than 1, the bettor must risk more than they intend to win if the wager is a winner. And, the opposite can be said for if a fractional value is more than 1… that bet will pay more than what is risked.

As we said before, 4/7 odds are less than 1 so in this case, the bettor must risk $7 to win $4 from the wager. Then, 3/2 are more than 1 so when risking $2, the bettor will win $3 off the wager. As you can see, the payouts are in the fractional odds, you just need to know which way they go based on if they represent a value greater than or less than one.

Decimals

Decimal odds are slightly more confusing than most other types of odds. In fact, we prefer not to use them when we bet but that is just our preference. Regardless, we are going to give you a little insight into these lines, as we want to give you insight about all of the common types of odds available.

If you look into these odds, you will definitely come out a little bit confused unless you are from Europe where these odds are commonly used than American or Fractional odds. The multiplication game is not as straight forward with decimal odds. Let’s take a look at another example:

Odds To Be Next President:

  • Candidate A: 1.50
  • Candidate B: 2.45

When looking at decimal based odds, the same thing applies to them as all the other forms of odds when trying to determine the favorite… which ever is the lowest number is favored. In the example above, the favored candidate is Candidate A at 1.50 however Candidate B is only a little bit behind at 2.45

Figuring out the payouts is where decimal odds can get tricky, but you’ll soon learn a little trick that will make these very easy to understand.

The best way to start off look at these odds are to consider them to be monetary amounts based on what you will win if you wager $1 or one euro, one pound, etc… which includes the original wager. Be sure to keep that in mind when looking at the other odds types.

If Candidate A wins the election, every $1 wagered will win $.50 plus the original $1 wagered which equals $1.50 or 1.50 odds.

Candidate B: every $1 wagered earns $1.45 which equals $2.45 or 2.45 odds.

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