Tagged in: betting odds

Sport Betting: Betting Odds

Sport Betting: Betting Odds Check WagerWeb and find the best betting site!!!!

Odds are simply a reflection of the chance or probability of a certain outcome in an event. In any event, every outcome has a chance or likelihood of taking place. Odds are simply an interpretation of those chances. The bookmakers form odds or prices to reflect those chances.

  • Betting odds tell you how likely an event is to happen
  • They also tell you how much money you will win

The first thing you need to understand is what basic betting odds mean.Let’s take odds of 2/1. This means that you need to bet one unit to win two back. Odds of 4/1 means that you bet one unit to win four back. Then you have odds-on prices such as 1/2. In this scenario, you would need to bet two units to win one back.

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The longer odds of 2/1 have less of a chance of winning, while the 1/2 odds-on price is more likely to happen but you would have to risk twice as much to get the same return as if the longer price won.

 ‘Odds Terms’

Fixed Odds Betting

When you place a fixed odds bet, you are staking a certain fixed amount of money against the bookmakers money to predict the outcome of the event.

Stake

When placing a bet, your stake is the amount of money which you risk or gamble.

Laying Odds

This is another term for a bookmaker taking bets.

Odds Against

Odds against is the term used to describe a bet where you will receive a return of more than double your stake. The profit on the bet will be more than your stake.

Even Money

Also known as EVS, this is when the return will be double your stake.

Odds On

Odds on is the term used to describe a bet where you will need to stake more than you will win,

Short Odds

This indicates that a selection has a good chance of winning.

Long Odds

This indicates that a selection has a poor chance of winning

 

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How To Be A Responsible Gambler

How To Be A Responsible GamblerGambling in one form or another has existed throughout history and to this day is an enjoyable pastime for people all over the world. Many see it simply as a form of entertainment or fun, while there are others that take it very seriously. There are even professional gamblers that make a living out of it.

Responsible gambling for individuals means:

  • They may gamble for pleasure and entertainment but are aware of their likelihood of losing and understand the associated risks,
  • They exercise control over their gambling activity, and
  • Responsible gambling occurs in balance with other activities in their lives and is not causing problems or harm for themselves or others.

Unfortunately, though, the nature of gambling means that it’s possible to become addicted or to lose control.

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Even if you think that you’ll never encounter a problem yourself, it’s a good idea to be aware of the importance of responsible gambling.

Tips for Safer Gambling

  • Don’t think of gambling as a way to make money.
  • Always gamble with money that you can afford to lose.
  • Never chase losses.
  • Set a money limit.
  • Set a time limit.
  • Don’t gamble when you are depressed or upset.
  • Balance gambling with other activities.
  • Gambling and alcohol are not a good combination.
  • Know Where & How to Get Help
  • Take Frequent Breaks
  • Keep a Record
  • Know the Game

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Cleveland Cavaliers at Charlotte Hornets

Cleveland Cavaliers at Charlotte HornetsCheck WagerWeb and find the best betting site!!!!

The Cavaliers are in Charlotte on Wednesday night to take on the Hornets for the second of four regular season matchups in 2015-16. Tipoff is at 7:00 p.m. ET.

The Cavs sit atop the Eastern Conference with a 35-12 record, which includes winning 11 of the last 12 games against the East (7-0 on the road over that span).

This will be the second matchup of the season between these two teams. The Cavaliers won the first game 95-90. James played a big role with 25 points and 13 rebounds.

Cleveland has the best road record in the NBA since Dec. 28 at 10-1 (.909). Over that 11-game stretch away from home, the Cavs are winning by an average of 8.3 points (104.3-96.0).

Charlotte (23-25) enters Wednesday’s contest having won four of the their last six after defeating the Lakers, 101-82, in their most recent game on Sunday night in Los Angeles.

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Notes

  • Charlotte is 4-2 SU in its last 6 games.
  • The total has gone UNDER in 4 of Charlotte’s last 5 games.
  • Charlotte is 6-12 SU in its last 18 games.
  • The total has gone UNDER in 4 of Charlotte’s last 5 games at home.
  • Charlotte is 16-7 SU in its last 23 games at home.
  • The total has gone UNDER in 7 of Charlotte’s last 8 games when playing Cleveland.
  • Charlotte is 1-4 SU in its last 5 games when playing Cleveland.
  • The total has gone UNDER in 4 of Charlotte’s last 5 games when playing at home against Cleveland.
  • Charlotte averages 101.6 points per game (ranked 15th). However, Cleveland has allowed an average of just 96.5 points per game (ranked third).
  • Charlotte ranks 14th in the league with 103.5 points per home game. Cleveland allows just 95.1 points per away game (ranked second).
  • In its last game, Cleveland won by a 22-point margin. Charlotte is 6-2 in games decided by a margin of 18 points or more. Cleveland has a 7-2 record in blowouts.
  • When allowing fewer than 100 points, the Cavaliers are 20-6 on the season. When the Hornets score fewer than 100, they are a subpar 5-18.
  • The Cavaliers have a 12-6 record when they allow at least 100 points. The Hornets have also performed well when they register triple digits with a record of 17-5 in such contests.
  • The Cavaliers have the fourth-best offensive rating in the NBA (106.6). The Hornets are also in the top half of the league based on their defensive rating of 102.5 (ranked 13th).
  • The Cleveland Cavaliers have one of the best field goal percentages this season, ranking 10th in the league with a FG% of 45.3%. When their opponents record a similar or higher FG%, the Charlotte Hornets have a losing 6-12 record.
  • The Charlotte Hornets and the Cleveland Cavaliers both rank higher in average effective field goal percentage when compared to their field goal percentages. Charlotte is 29th and 20th in the league for FG% and EFF% respectively, while Cleveland is 10th and sixth in these categories.
  • Charlotte makes an average of 21.3 assists per game (ranked 20th). Cleveland ranks higher in assists with 22.4 (ranked 10th).
  • Charlotte makes an average of 5.2 blocks per game (ranked 10th), while Cleveland makes 3.7 blocks per game (ranked 28th).
  • Charlotte is ranked 24th when it comes to offensive rebounding. Cleveland ranks 10th in defensive rebounds.
  • On average, Charlotte makes 7.2 steals per game. Cleveland has a winning 19-7 record when it allows at least 7 steals.

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Online Gambling and Sports Betting

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Betting real money on sports is one of the world’s favorite pastimes. By some estimates people wager over $250 billion dollars a year on sports, with $100 million bet on the Super Bowl alone.

The reason sports betting is so popular is because it makes watching sports more exciting, and it can also be lucrative for those who take the time to learn about odds, picking winners, line shopping and how to use online bonuses profitably.

Regardless of exactly why you choose to bet on sports, quite obviously you are going to be happier when you win than when you lose. Sadly, there is nothing we can do to ensure that you win every wager that you place – as much as we’d like to. What we can do, however, is give you some advice that will help improve your chances of winning money.

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Betting online is without a doubt the easiest and most convenient way to place wagers on sporting events. Probably the hardest part is deciding which sites to join, simply because there are so many to choose from. Most of them are perfectly decent, so providing you steer clear of the few questionable ones you won’t go too far wrong. However, ideally you want to be using the highest quality ones as these are the places where you will get the best possible experience.

This is where the challenge comes in – knowing which ones are the high quality sites. We can help you with that, as we provide rankings of the very best of them in a number of different categories. Based on extensive research and thorough testing we can tell you exactly which places you should be joining.

It’s often tempting to make complicated and advanced wagers to try and get a big win. While we would not go as far as to say you should never make such wagers, there is a lot to be said for keeping it simple and sticking to the simple bets. This is certainly true when you are starting out. You can always start experimenting with the more complex wagers once you have some experience behind you.

Most sports betting sites offer bonuses to new customers to encourage them to sign up and also reward regular customers for their loyalty. The bonuses and rewards available are one of the major benefits of betting online and you should always try and take advantage of them when you can. Many places also run special promotions where there is even more extra value on offer and it’s worth keeping an eye out for them.

Bonuses, rewards and promotions can make a big difference of how much money you make, so spending some time working out how to get the most out of them is time well spent.

The important thing is to remain patient and stay focused on the long term goal. You’ll need to put in the necessary time and effort, learn from any mistakes that you do make, be honest about what you’re doing right and where you are going wrong, and practice good money management. If you do all that then there is no reason why you can’t be successful in the long run.

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What is Handball?

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Handball is a fascinating game played throughout five continents by over 180 countries and 19 million people all ages, worldwide.

Is a combination of Basketball, Soccer and Netball.   It is played indoors on a court about the size of two basketball courts.  At the each end of the court is a net which is 9 feet wide by 6 1/2 feet high.  The object of the game is simply to score more goals than the other team.

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Defenders may use their body to make contact with attackers to prevent them from having a clear shot at goal. Attackers attempt to break through the defence or shoot over the top of them to score a goal. Two teams compete with 6 court players and 1 goalkeeper playing per team at any one time. Substitutions can be made at any time. Each goal counts as 1 point and games regularly finish with teams having scored over 20 points.

The game is played on a court 40m long and 20m wide with with 2m high and 3m wide nets at either end. The game consists of two 30 minute time periods with a 10/15 minute rest in between. All players alternate between an attacking position and a defending position, depending on who has possession of the ball. The ball is usually moved around the court by passing and dribbling however, as in basketball, you cannot double-dribble. Players can hold the ball for a maximum of three seconds before having to pass or dribble and take up to three steps while holding it.

There are four types of players:
Goalies: Defend goal.  Not expected to stop as many goals as goalies in hockey or soccer.
Circle Runners:  Large players who block shooters and try to disorganize the defense.  They also are shooters, usually from close-in range.
Wings:  They are offensive players who shoot at odd angles, usually from the sides.
Big Shooters: They are tall, agile players who much like quarterbacks lead the offense.  They shoot from the backcourt over the head of defenders.

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WagerWeb Bonus Rules

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We offer you different bonus that you can enjoy, such like:

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We want out clients to enjoy the different bonus that we offer, for this you need to know our bonus rules.

– It is the player’s responsibility to request a bonus at the time of the deposit. If the player deposits and makes a wager prior to requesting a bonus the player will have to wait until he makes his next deposit in order to get a bonus.

– Bonuses will only be awarded to account holders who provide a verified name, street address and phone number.

– New accounts that receive a bonus agree to leave the initial deposit and fees in the account for 30 days. However if any required rollover has been completed, the winnings may be withdrawn. Winnings are the monies in the account in excess of the money deposited including the fees.

– All WAGERWEB promotions can be used only one time per household.

– In order to qualify for any bonuses, the minimum deposit must be $100.00. The bonus must be requested at the time of the deposit.

– WAGERWEB promotions cannot be combined.

– Bonuses are intended for recreational bettors only for use in the sportsbook. We reserve the right to adjust or rescind bonuses given to players playing principally in the casino. Professional players, syndicate players, or players considered by WAGERWEB to be abusing the bonus system by any means may have their bonuses, and the money won from these bonuses, revoked at the discretion of WAGERWEB management. Call our office for a detailed explanation of what is considered bonus abuse.

– Any violations of the rules in any offer(s) of WAGERWEB can result in the immediate forfeiture of all bonus funds, and the winnings from the use of these funds as well as the loss of account holder privileges.

– If it is determined that a new customer already has an account with WAGERWEB, thus abusing our bonus system, WAGERWEB may require the forfeiture of all bonuses and the money won from said bonuses.

– WAGERWEB reserves the right to terminate or modify any bonus program at any time. Participants agree that prior notice of a modification or termination is not required and no bonus will be paid past the termination or modification date.

– WAGERWEB reserves the right to charge an Account Closure Fee to any account deemed by WAGERWEB to be a professional, syndicate, non-recreational, or bonus abuser. The Account Closure Fee may vary depending on the case.

– All clients who receive a bonus must complete their rollover requirement prior to a withdrawal request. The rollover is the amount of times a client must play the total amount of the deposit plus reimbursed fees and bonus. The rollover can only be completed with sportsbook volume. WagerWeb does not cover fees if the deposit and fee amount is not left in the account for 7 days (this is the 7 Day fee Rule).

For example, if you have a five time rollover (5X) and you had sent us $1000.00 with a reimbursed fee of $68.00 and a cash bonus of $100.00, you must complete $5840.00 ($1000 + $68 + $100 X 5 = $5840) in total sports book volume before you can request a withdrawal of your funds.

Sportsbook Volume is defined at WAGERWEB as the lesser of the risk or win amount of each wager. Casino, poker, and free play volume do not count towards this rollover. If the client chooses to withdraw funds from the account before these requirements are fulfilled, all bonuses, fees and winnings from these monies can be forfeited and deducted from the account balance. Winnings will be determined at the sole discretion of WAGERWEB. Acceptance of any bonus from WAGERWEB is considered an agreement to this policy.

Betting both sides of the same game to accelerate the rollover process is considered a violation of our bonus rules. Any wagers placed on both sides will be excluded from the rollover calculations.

– Once all rollover requirements have been met, payouts can be arranged through a number of different methods. All withdrawals must be sent in the account holder’s name.

– Free Play wagers can be placed over the phone and on the Internet for straight wagers and two or three team parlays or teasers. Free play bonuses may be used on any type of wager, including parlays or teasers with a maximum of three teams. If the play wins, then only the winnings go into the players account as CASH. If the FREE PLAY loses there is no physical adjustment to the account. If the play ends in a push then the player gets to play the free play again.

Example 1: A client has a $100.00 free play and wishes to use it on the Dallas Cowboys -3 (-110). The wager will be $0.00 to win $91.00. The client lays the virtual $100.00 to win $91.00.

Example 2: A client has a $100.00 free play and wishes to use it on the Atlanta Braves -140. The wager will be $0.00 to win $71.00. The client lays the virtual $100.00 to win $71.00.

Example 3: A client has a $100.00 free play and wishes to make a 3 team football parlay. Our 3 team football parlay odds are 6 to 1. The client lays the virtual $100.00 to win $600.00.

Example 4: A client has a $100.00 free play and wishes to make a 3 team 6 point teaser. The client lays the virtual $100.00 to win $180.00.

– Bonuses or rebates are not paid on ‘house money.’ Accounts with aggregate winnings of more than $5,000 are considered to be playing on ‘house money.’

– Bonuses are given to our recreational players with the rollovers calculated using ‘normal’ play. If a player receives a bonus and 50% or more of the player’s action is on baseball, the rollover will be doubled.

– If you do not break a deposit on which you received a bonus into at least three relatively equal wagers, the bonus and any winnings can be rescinded.

– Acceptance of any bonus offered by WAGERWEB constitutes agreement to the conditions applicable with each offering. If you are unclear or require further clarification, contact our Client Service Department prior to accepting and/or making use of any bonus.

– All new accounts are subject to a period of review, and during this time, they may not be eligible to participate in specific promotions offered by WAGERWEB.

Disclaimer

It is the member’s responsibility to question and clarify any event not covered or rules he/she does not understand prior to placing any wagers.

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Bet on Golf at WagerWeb

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  • If the start of a round is delayed, or if play during a round is suspended, all pending wagers will remain valid for 48 hours. If the postponement lasts more than 48 hours, all pending wagers will be canceled.
  • Wagers will be settled using the official tournament and match results (including final match correct score and individual match betting). This includes a match which finishes early, either by agreement of the players or because of injury.
  • Odds to win betting “the field” includes all players not offered by name. All outright bets are settled on the player winning the trophy. The results of play-offs are taken into account. If a tournament does not go the specified number of completed holes (usually 72) and is shortened by the tournament officials, the leader at the end as specified by the officials will be the winner. If there is no further play or only part of a round has been completed after a bet has been placed, that bet will be canceled.

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  • Tournament matchup wagers are for the duration of the tournament. If a player withdraws before starting the bet is no action. If one player misses the cut, the other player is deemed the winner. If both players fail to make the cut their two day total score is used.
  • Round Matchups are official after players tee off. The winner will be the player with the lowest score after 18 holes. If any player retires or is disqualified, the opponent will be declared the winner. If both retire, the one that plays more holes will be declared the winner. If both are disqualified, the matchup will be deemed-NO ACTION.
  • When betting on Odds to win, all wagers have action whether the listed players start or not.

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How to Calculate Betting Odds and Payoffs

betting oddsThe most basic information there are the win odds quoted on each horse. Those don’t tell you what the horse will pay, but the amount of profit you will get and the amount you have to bet to get it. 6-5 means you will get $6 profit for every $5 wagered. 20-1means you get $20 profit for every $1 wagered (i.e. bet $2 and get $42 back).

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Since most tracks have a $2 minimum bet, below is a handy chart look up the payoff for a $2 bet at various odds. Remember, your actual payoff may differ from this chart as the odds on the toteboard are rounded off, so 2-1 odds on the toteboard may actually be 1.9-1 or 2.2-1. Payoffs use the actual odds and are rounded down to the nearest nickle or dime depending on the rules at that track. This rounding is called breakage which can be a complex topic for beginners.

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If you want to calculate the exact win odds on a horse, you will need to use a couple of other figures from the toteboard: total win pool and amount bet on that horse. The total pool is all the money bet on all the horses to win, but it is NOT the amount that will actually be paid out to the holders of winning tickets. Before the track pays off the winners they deduct the “take” which is generally between 14%-20% and is different for every state.

This money goes to pay state and local taxes, purse money for the horsemen, expenses at the track, and the track’s profit. To calculate the exact odds on your horse, just subtract the take from the total pool then subtract the amount bet on your horse to give you the amount of cash to be paid out. Divide that figure by the amount bet on your horse to get the exact odds. This figure will always be rounded off to the nearest dime (usually) or nickle as mentioned above before the payoffs are calculated.

Here is a simple example of win odds calculation:

Total pool: $900
Amount bet on horse #1: $300
Take amount: 15%
$900 – 15% = $765
$765 – $300 = $465
$465 / $300 = $1.55

Round this off to $1.50 for breakage and you get odds of 1.5-1 or 3-2 as it would normally be written which yields a payoff of $5.00 on a $2.00 wager.

Pay-offs for $2 win bets:

ODDS PAYS ODDS PAYS ODDS PAYS
1-5 $2.40 8-5 $5.20 6-1 $14.00
2-5 $2.80 9-5 $5.60 7-1 $16.00
1-2 $3.00 2-1 $6.00 8-1 $18.00
3-5 $3.20 5-2 $7.00 9-1 $20.00
4-5 $3.60 3-1 $8.00 10-1 $22.00
1-1 $4.00 7-2 $9.00 15-1 $32.00
6-5 $4.40 4-1 $10.00 20-1 $42.00
7-5 $4.80 9-2 $11.00 30-1 $62.00
3-2 $5.00 5-1 $12.00 50-1 $102.00

 

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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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