Category Archives: Sports

Inside a Gambling Mind

Inside a Gambling MindThe world of gambling keeps growing and so the elements that drag attention are numerous. One of the most intriguing aspects in the world of sports betting is the difference between winning and losing betting minds. There are several authors that have made their contribution to this field.

Joseph Buchdahl decided to explore the betting mind in his book titled, “Squares & Sharps, Suckers & Sharks” and the information he managed to put together is pretty impressive. Here is a look at his findings inside a gambling mind.

The probability theory was born in the 16th century and it was around this time that humans started calculating probabilities based on mathematical equations. Gambling began around 40,000 years ago and as it turns out betting has a lot more to do with the functions of the brain than most people understand. As it turns out, most gamblers are playing to play rather than playing to win as the gambling-induced dopamine in the brain is particularly effective when it comes to preventing the human mind from becoming bored. Successful sports betting requires picking winners but there is a lot more that goes in to it than the casual bettor might realize.

There are obvious side effects to winning and losing and the impact that it has on the mind. The betting industry is a multi-billion dollar business and it is the millions of people that wager that drive it. There are plenty of questions that Buchdahl asks when it comes to evaluating winners and losers and how they think. Is betting about predicting winners or about predicting winners better than anybody else? What do profitable bettors and compound interest have in common? Buchdahl’s book explores the impact that betting has on the mind not only in terms of the approach but in terms of the feeling afterwards. There are plenty of professional gamblers that have talked openly about their problems with gambling including Buchdahl, who highlights in his book the personal problems he had along the way.

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Whether it’s investing a small amount of money or wagering a lot of money, it’s important to understand why you want to gamble. There are some that feel certain people have a predisposition towards losing and therefore end up losing a ton of money betting on sports without really feeling the negative impact that it should provide. On the other hand, there are those that can’t stand losing and that helps drive their winning mentality to the point where losing is simply unacceptable. There are tons of books out there that offer sports betting tips and potential trends that you can follow in order to help you make a profit but it’s a good idea to understand how the brain works even before you gamble. Squares & Sharps, Suckers & Sharks is the perfect book for those that want to seriously use sports betting in order to try to make a substantial profit as it outlines the works insde a gambling mind and the potential problems that every sports betting fan should be aware of before they begin. Sign up now at WagerWeb.ag

NBA Season Betting

NBA Season BettingNBA displays plenty of betting action tonight with nine games, including a battle starred by Houston, in a game that opened with a total of 237.5, the highest we’ve seen this season and the highest since 2010. When the Rockets and Warriors last played, Houston dealt Golden State one of its six losses with a five-point win as an 11.5-point underdog.

When the two highest-scoring teams in the NBA meet, people and sportsbooks take notice. Not since the days of the Mike D’Antoni-coached, Steve Nash-run offense have we seen a total this high. D’Antoni has never abandoned his addiction to offense and will look to continue the trend that’s seen his team go 22-3 this season when scoring 110 or more points.

Additionally, the Rockets have cashed an absolutely unfathomable 17 spread tickets in their 21 home games this season while the Warriors are just 7-11-1 against the spread in away games. Although they’ve been in a bit of a slump, expect the Rockets to get up for this potential Western Conference finals preview.

This is a must-watch game and if you’ve followed the Rockets this year, you know they are a must bet as underdogs in H-town.

Sportsbooks opened the Houston Rockets as 4-point underdogs in this betting matchup earlier today, while the OVER/UNDER betting line was sitting around 237.5.

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Golden State is 19-23 against the points scored total betting line, while Houston is 25-20 versus the line. Stay Informed: follow us on Twitter for odds specials, betting line moves and Houston vs Golden State injuries news.

In rebounding, the battle of the boards features Houston’s No. 9-rated NBA squad against Golden State’s No. 5-rated roster. When it comes to long-range shooting, Houston rates No. 1 in the league with 14.82 per game, while their foes tonight rank No. 4 with 11.79 per outing.

Some stats show:

The Rockets are 7-1 SU in their last 8 games at home.

The Warriors are 1-7 ATS in their last 8 games as road favorites.

The Warriors are 14-2 SU in their last 16 games after losing the previous game in a matchup.

As we approach the halfway point of the 2016-17 NBA season, it’s a good time to check in on how regular season OVER/UNDER win totals are doing. You might want to look away, Miami Heat OVER bettors.

Precisely the Houston Rockets, Milwaukee Bucks, L.A. Lakers and Philadelphia 76ers are near locks to go above their preseason win totals. As of January 19, Houston was only 11 wins away from cashing the OVER.

It’s been a rough go for fans and bettors of the Portland Trail Blazers, Minnesota Timberwolves, Dallas Mavericks and Miami Heat so far, as each of the aforementioned clubs are toiling in the basement of their respective conferences.

You should never say never in sports betting, but it’s going to take a small miracle for OVER bettors to get paid out. Sign up now at WagerWeb.ag

The Law Of Large Numbers in Sports Betting

The Law Of Large Numbers in Sports BettingSports betting is far from being a simple hobby, it’s actually become a way of living, a subculture, a multimillion industry with international presence. Science and technology feed form it and feed it, there are many principles that apply to it. Such is the case of the law of large numbers. It is a theorem that describes the result of performing the same experiment a large number of times. According to the law, the average of the results obtained from a large number of trials should be close to the expected value, and will tend to become closer as more trials are performed.

A man named Jacob Bernoulli established The Law of Large Numbers in the 17th century. 400 years later that theory has been used in reference to something called Gambler’s Fallacy, which highlights the struggles that bettors in general have had with grasping the concept. This is how the law of large numbers in sports betting has an effect.

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A fair coin toss is the perfect example to use when it comes to the Law of Large Numbers because there is a 50-percent chance that heads comes up and a 50-percent chance that tails comes up with every turn. Bernoulli calculated that as the number of coin tosses increase, the percentage of heads and tails results grows closer to 50-percent. However, Bernoulli’s calculations also showed that while the distribution will be even, the expected deviation could actually be quite large. While it might seem like a simple concept, it has led to one of the biggest mistakes that gamblers continue to make because of their inability to understand the impact of the statistical deviation.

If you tell somebody that the coin has a probability of landing on heads 50-percent of the time and tails 50-percent of the time, they will often make the mistake of believing that the results should even out on a small sample size. However, if you flipped a coin 10 times in a row, there is still a very realistic possibility that the result includes more of one outcome. Tails is just as likely to come up eight times in 10 flips as it is four times in 10 flips, but that is a concept that most casual gamblers fail to understand. The coin doesn’t remember the outcome on every flip so it has no way of evening out the results on its own. The reality is that the potential outcome for heads or tails is 50-percent every single time and that number does not change from one flip to the next.

In 1913, a roulette table in a Monte Carlo casino saw black come up 26 times in a row. That has led to the Gambler’s Fallacy also being referred to as the Monte Carlo fallacy but the reality is that the outlook is the same regardless of what you call it. This theory can be applied to roulette just the same as it can with sports betting or slots or any other type of wager. Make your own applications of the law of large numbers in sports betting, sign up at WagerWeb.ag.

Last Chance To Make Money on NFL

Last Chance To Make Money on NFLAfter two straight weekends packed with four games apiece, we quickly enter into the weekend and the NFL season is officially petering out with just three games left, the final four teams battle for the AFC and NFC conference titles. Packers-Falcons and Patriots-Steelers this Sunday. We’re quickly getting to your last chance to make money on NFL.

The Divisional round certainly delivered, with some games even featuring actual drama and we can only hope the Conference Championship brings more of the same and if you are looking into taking part in that drama with some betting action, let’s start by noting that the home teams in the NFL’s conference championship games are favored to advance to Super Bowl 51. After all it is just one more victory what separates the New England Patriots and Pittsburgh Steelers from Super Bowl 51, and with the way each has played lately, both will enter Sunday’s AFC Championship feeling like the favorite.

The Patriots are six-point favorites over the Steelers in the AFC game. The Falcons are a four-point choice over Aaron Rodgers and the red-hot Packers in the NFC game.

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Going through see stats and what the lines have been like prior to this stage we see that despite winning nine games in a row, including five on the road, the Steelers opened as 4.5-point underdogs, and the line has continued to move in the direction of the Patriots, who find themselves on their own eight-game winning streak.

Home favorites were 6-0 against the spread in the 2017 NFL playoffs prior to Sunday, when the Packers (+5) and Steelers (+2) won outright as road underdogs.

The top-seeded Pats covered a 16.5-point spread Saturday in their AFC divisional round victory over the Texans. They’ll have a much tougher task vs. the No. 3 Steelers, who advanced to the title game Sunday with an 18-16 victory in Kansas City.

The Falcons, the NFC’s No. 2 seed, had little trouble covering their number (-6.5) against the Seahawks. The fourth-seeded Packers moved to 2-0 ATS in the postseason Sunday with a 34-31 win over the Cowboys in the best game of the 2017 NFL playoffs.

The over-under totals indicate next weekend’s games could be high-scoring affairs. The Packers-Falcons game at the Georgia Dome has a total of 60, one of the largest O/U numbers of the season. Steelers-Patriots at Gillette Stadium in Foxborough, Mass., has a total of 50.

Both games are rematches from the regular season, and the over-under was 1-1 in those contests. The Falcons (-3) edged the Packers 33-32 (OVER 51) in Atlanta in Week 8. The Patriots (-7.5) topped the Steelers 27-16 (UNDER 49.5) in Pittsburgh in Week 7. Steelers quarterback Ben Roethlisberger missed the game because of a knee injury.

With just three NFL games left this season your time to make money on football is quickly coming to an end. Sign up now at WagerWeb.ag.

Betting on Sports Like a Professional

Betting on Sports Like a ProfessionalYou probably know or might have heard that different from what many believe successful sports betting doesn’t necessarily have to do with long winning streaks, not even with upper high winning rates. Have you ever wanted to start betting like a professional? Have you wondered how the professional handicappers are able to consistently make a substantial profit?

The key is in their approach and the attention to detail they pay to every wager they make. The key to successful sports betting is finding value on every single bet and you can certainly improve your odds of making a substantial profit by betting like the pros.

Finding value comes down to understanding what the “true” odds should be for a game and figuring out where the biggest disparities are in comparison to the sportsbook odds. For example, if the New England Patriots are hosting the Jacksonville Jaguars and you feel they should win by double digits but they are only listed at -6.5, then that would make them an excellent value play. Finding value ultimately comes down to knowing where the lines should be and shopping around for the most favorable lines based on how you think the game will play out.

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Value betting comes down to making sure the reward is worth the risk that you are taking and that can often mean betting the underdog. For example, if you think that the Patriots should win their game against Jacksonville straight up, the value might not be there since they are substantial favorites. However, if you find a team that you think should be a slight favorite and they are listed as an underdog then that could be a situation where the value is there betting on the underdog to win straight up. The value isn’t as high betting on favorites as it is with betting on underdogs so it’s important to keep that in mind. The general public tends to be more willing to give up points to take favorites while the sharps are always looking for value when it comes to receiving points when betting on underdogs.

In addition to fading the public, it makes a lot of sense to pay attention to the key numbers. This is especially true in terms of football where the key numbers of 3 and 7 come in to play. A significant majority of football games end with margins of 3 and 7 so it’s important to remember that when betting on NFL games. For example, if you wanted to bet on New England in the aforementioned scenario then taking them at -6.5 is a far greater value than betting them at 7.5, since they are two different sides on the key number at 7.

There is no such thing as a guarantee when it comes to consistently making a profit by betting on sports but by following the professionals and betting like a professional you can significantly improve your overall chances. Sign up now at WagerWeb.ag.

Falcons-Packers – Betting on the Highest Total

Falcons-Packers – Betting on the Highest TotalThis seems to be a particular year in the NFL playoffs. Only a week after the New England Patriots covered one of the largest point spreads in NFL postseason history, the Falcons and Packers are expected to light up the scoreboard in an NFC Championship game where, should you want to get in the action you will be betting in what is believed to be the highest playoff total ever.

The high-scoring offenses for the Falcons and Packers prompted bookmakers to set a record-high “over/under” total in early betting for Sunday’s NFC championship game.

The total is as high as 61½ points at Las Vegas sports books, which have taken a beating in the NFL playoffs as the public is 8-0 on sides and 5-3 on totals. Including the college football national title game, the public is 9-0 and 6-3.

The highest previous total for an NFL playoff game was 60 in 2012, when the Saints whipped the Lions 45-28. The highest total for a regular-season game was 63 in 2000, when the Rams beat the 49ers 34-24.

Once the Cowboys and Chiefs were eliminated from the playoffs Sunday, the total on Super Bowl LI climbed to 54½ at the Westgate and 54 at Station Casinos as both books increased the number by 3½ points.

The Falcons had the league’s top-scoring offense during the regular season with 33.8 points per game and then beat the Seahawks 36-20 in Sunday’s divisional playoff game. (The Falcons had a chance to score again but ran out the clock to end the game after gaining a first-and-goal at the two-yard line). The total for Falcons games at the Georgia Dome this season went “over” for all eight regular-season games and also against the Seahawks.

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The Packers averaged 30.8 points per game over the final six games of the regular season. They beat the Giants 38-13 in the wild-card round at home and won 34-31 at Dallas in the divisional round on Sunday.

The Atlanta Falcons that opened as 5.5-point favorites will try to defeat the Green Bay Packers for the second time this season

The visiting team is 10-1 ATS in its last 11 games in this matchup.

The Packers are 3-0 ATS in their last three games on the road against the Falcons.

The total has gone over in the Falcons’ last five games in the playoffs at home.

The total has gone over in 20 of the Packers’ last 24 games against the NFC South division.

The over is 14-2-1 in Falcons games this season and the Packers have gone over in their last six games and 10 of 12. Atlanta beat Green Bay 33-32 in Week 8 at the Georgia Dome and the books expect a similar result on championship Sunday.

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Sports Betting Selectivity

Sports Betting SelectivityA curious aspect about sports betting is the popular assumption among the public that they can constantly win. Furthermore this is more commonly thought by casual bettors, that think that they can hit on 50-percent of their wagers regardless of who they take. If they put in a little more effort than usual, they might even think they can win 60-percent of the time. The reality is that winning on a consistent basis simply isn’t easy and even the best handicappers in the world will struggle to win 60-percent of their wagers on a consistent basis. The professional handicappers are smart enough to realize the window of opportunity that exists when betting on sports and they will choose to remain selective when it comes to choosing how many wagers they enter.

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An NFL Sunday is the perfect example of an opportunity to narrow betting selections by use of selectivity. With so many games on the slate throughout the day you can pick and choose the bets that you think have the best chance at coming through. For example, if there are 12 games on the slate, then you can pick your three of four best bets and roll with them rather than making smaller bets on seven or eight games. The ability to cut down on the number of wagers you make should reduce your potential risk while leading to a bigger reward for the selections that you do get right. There is nothing wrong with betting on multiple games on an NFL Sunday, just remember that if you have a strong feeling about a couple of teams in particular then you can limit your choices to those teams and make a substantial profit betting on them.

Shopping Around

Selectivity extends beyond the teams that you decide to bet on to include shopping around sportsbooks and finding the best available lines. It’s important to remember that different sportsbooks offer different lines for the same game, so by shopping around you can find the best available odds depending on what your selection is. It’s important to keep the key numbers in mind with 3 and 7 the digits to look out for in the NFL. The majority of football games are decided by either 3 or 7 points so the difference between a -2.5 spread and a -3.5 spread can be significant.

The majority of professional handicappers will concentrate their focus on a handful of games every night and limit their betting scope to just those matchups. By shopping around for the best available lines, they can put themselves in position to find the best value and increase their potential winnings. The key is to remember that even the best sports handicappers in the world will only win between 55-60 percent of their wagers in a given month so don’t be afraid to limit the number of bets you make every night when you can build your bankroll more effectively by being selective. Apply this concept to your betting, sign up now at WagerWeb.ag.

High Overs in NBA Betting

High Overs in NBA BettingThe reasons for loving basketball are many just as there are many reasons to love betting on basketball games. A major factor in the popularity of basketball betting is the fact that there are so many different options to choose from. One of the most popular forms of basketball betting would have to be Totals betting.

Totals betting with respect to basketball is extremely simple and players are being asked to risk $11 to win $10. Totals is just another name for Over / Under so if you are more familiar with that term you will be up to speed with this. However, it doesn’t hurt to go over it again for the Totals term because this is the one that many people will be familiar with.

If you are familiar with Totals betting on other sports, you will be pleased to learn that the basketball market operates in the exact same fashion. The numbers in a basketball game will be much higher than you would expect in a soccer or football game but the underlying principle of what is on offer with a Total bet is the exact same.

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It is important to stay in touch with this form of betting because bookmakers will often react to the way that the market is behaving. This can be seen in the fact that a bookmaker that receives a maximum bet on a Total bet will traditionally alter the 1.5 point line. This is done to encourage more people to bet in the other way to offset the maximum bet. A bookmaker knows that if they get equality in the bets on either side of the line, they will always come out on top so when it comes to basketball betting, there is a lot of fluidity in the market. If you have the time to watch the market change and develop, there is an opportunity for finding the best value prices.

With some sites providing live Total betting opportunities, you can stay engaged with this style of basketball bet throughout a match. When it comes to OVER/UNDERs in the NBA for the current 2016-17 campaign, it has proven that hoops bettors shouldn’t be scared off by high numbers.

With the abundance of star power across the league, scoring is up this season, which has translated to the betting window. Oddsmakers are increasing totals as a result, and it hasn’t slowed down the OVER train. There have been 63 games with closing totals north of 220, with the O/U going 38-25 in that span, good enough to cash at a 66 percent clip.

In general, the OVER/UNDER is 322-293-5 in every game on the year. The Denver Nuggets (28-10 O/U), Phoenix Suns (26-14 O/U), Toronto Raptors (26-14 O/U), Portland Trail Blazers (26-17 O/U) and Milwaukee Bucks (25-14 O/U) rank as the top OVER bets in the Association.

For tonight’ slate of action, three of the five games on the board have totals of at least 220. Visit WagerWeb.ag to stay up to date on any updates of High Overs in NBA betting.

Money Management in Sports Betting

Money Management in Sports BettingThousands of people from around the world bet on sports for a number of reasons. Many of them do it for pure fun or to make the game more exciting, while others do it for money. Whatever your reason for betting on sports, it is important to note that contrary to what many have known, sports betting is not really a “get-rich-quick-scheme”. If you want to succeed or win consistently, you must exert hard work, and consider solid preparation, enough knowledge of the sport you are betting on, strong money management skills, and of course discipline.

A proper money management plays a very crucial role in every gambling game. This is no doubt one of the most important aspects of betting on sports, but this is also somehow one of the most neglected.

Flat Betting

One of the most important rules to remember when it comes to successfully managing your money is to stick with flat betting. Chasing or increasing bet size is one of the biggest mistakes that a player can make but it’s a lot easier to avoid if you stick with betting at a flat rate. Professional handicappers will set the same amount for the majority of their wagers to maintain a level of consistency and avoid blowing a large portion of their bank roll on a bad beat. Get all the latest Betting and Sport News updates on your social media outlets. Find us on Facebook.

Unit Size

It’s also very important to determine early on what type of a bettor you are and stick within your limits. If you are an aggressive bettor then you will tend to risk a little more, while a conservative bettor will risk a little bit less. This is referred to as a “unit size” and it’s important to understand what you are willing to risk in order to avoid making the mistakes we referred to in the previous paragraph. If you are a conservative bettor, then you will be more careful not to blow a big chunk of your bankroll on a bad streak. The most successful sports bettors will set their limits not just in terms of how much money they risk but also how many wagers they make in a given period of time in order to avoid an extended cold streak.

Risk Capital

When it comes to determining the amount of money you should wager on each bet, it all comes down to figuring out your risk capital. You want to make sure that you aren’t putting yourself in position where one wager can have a dramatically negative impact on our overall situation. Take the time to understand how much of your capital you are willing to risk without going over the top. The majority of casual bettors can’t wait to jump right in to the action right away but it makes that much more sense to set yourself up for the long term before you get started.

Good money management is like playing defense at a high level. You are trying to make a profit but you also understand that if you lose too much on bad beats then you won’t have any money left to wager in the first place. Sign up now at WagerWeb.ag.

Odds and Spreads on NFL’s Playoffs

Odds and Spreads on NFL’s PlayoffsNFL divisional round took place and the results hardly came as a shock to the sportsbooks. Everyone and their mother expected New England would win this game. That being said, throughout much of the game it appeared as if Houston could actually cover the heavy spread.

The Patriots closed as consensus 17-point favorites over the Texans. It was the largest playoff point spread since 1994, when the San Francisco 49ers were 17.5- point favorites over the Chicago Bears. Even with the historic playoff point spread, bettors flocked to New England. In the hours leading up to kickoff, over 80 percent of the money bet on the spread was on the Patriots, who were -1,800 to win the game straight-up.

Bettors were willing to lay the giant odds. But the most impressive performance of the NFL playoffs belongs to the betting public, which jumped from favorites to underdogs at precisely the right time this weekend and squashed multiple sportsbooks in the process.

The game also went OVER the total of 44.5, though the total action was relatively balanced.

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The dogs have yet to bark in the NFL Playoffs with favorites going 6-0-0 so far, but that has not deterred the betting public from wagering on the Packers and Steelers against the spread.

Saturday saw the Atlanta Falcons and the New England Patriots cover the spread in their divisional round home games against the Seahawks and Texans. The betting consensus widely favored the Seahawks to win outright, however, though over 60% of bettors got the Patriots outcome right.

Betting markets today have the Green Bay Packers as +5.5 underdogs in the afternoon’s opening game against the Dallas Cowboys. The game is being played in Dallas. 57% of players have wagered on Aaron Rodgers and company to continue their ATS winning streak. See all Packers vs. Cowboys betting trends using the SBR Odds matchup page.

The Kansas City Chiefs are favored by 2.5 against the Pittsburgh Steelers. The Chiefs host the Steelers. 53% of wagers are currently on the Steelers to cover. 60% of the money is also on Pittsburgh with a payback of +115. The total points are listed at 44.5 with 56% leaning under. The game had to be rescheduled to the night slot after a midwest ice storm.

Now things are about to get real for the New England Patriots after their beatdown of the lightweight Texans in the divisional round. With the Pittsburgh Steelers coming to town the Pats’ odds to win the Super Bowl sit at +150, putting them at the top of the oddsboard.

New England opened the week as a 5.5-point favorite. If that number stays intact, it’ll be their lowest home spread of the season with Tom Brady in the lineup — they were favored by one point over Houston earlier in the season in a game started by Jacoby Brissett. The Patriots have had their way with the Steelers for over a decade now, as they’ve won seven of the last nine games between the teams, posting a 6-2-1 ATS mark in those matchups. Winning as a road underdog in the playoffs is nothing new for Pittsburgh, however, as Ben Roethlisberger has led them to a 3-1 SU record as a road dog since 2006. Get the best spreads and odds on NFL playoffs at WagerWeb.ag.

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