Archive for the ‘Sports Betting’ Category

New Regulations for UK Professional Players

Friday, August 31st, 2007

It could be a result of what has been going on in the United States or not but the fact remains that professional players in the UK will be under new regulations starting this month.  The Professional Players Federation has recently issued a code on gambling.  Affected by this new code is the activity of sports betting.

As with other countries (well, the US to be more specific), sports betting has experienced a surge in the recent years.  However, concerns have been raised, time and again, regarding the integrity of sports which can be wagered on.  Of course, one of the main (and legitimate I would say) concerns of many is the fact that professional athletes may be able to manipulate the outcomes of games they are involved in.  As the case in the NBA showed us, it does not even have to be athletes.  Referees and other sports officials may be put in a compromising position due to the insider knowledge that they have about the sport.

So under the Gambling Act, anyone – player, referee, trainers, managers, and even journalists! – can go to jail if found guilty of cheating or helping someone cheat in order to get favorable results in sports betting.  The concern now is that there might be some interpretations of the Act that may not be clear to players and other concerned people.  As a PPF spokesman said “A footballer could tell his mates that so-and-so is going to play well or score, and without realising it potentially be in breach of the law. We would like to see proper education on the implications of the act.”

We’ll see how this one turns out soon enough.

Top Sports Betting Events

Friday, August 24th, 2007

Here’s something for regular sports bettors out there.  has just added a new feature to their site which will allow users to see the top ten sports betting events live anytime they want to.  I have pasted the top ten sports betting events as of the weekend below to give you a sample:

•    Favorite pick is [1916] MINNESOTA TWINS +2000
•    Favorite pick is [916] TIGERS +1½-155 ( J WESTBROOK-R / N ROBERTSON-L )
•    Favorite pick is [1018] NEW ENGLAND PATRIOTS +320
•    Favorite pick is [905] CUBS -130 ( ACTION )
•    Favorite pick is [2109] NEW YORK METS +450
•    Favorite pick is [901] DODGERS -128 ( ACTION )
•    Favorite pick is [1050] BALTIMORE RAVENS 10.50
•    Favorite pick is [2007] MINNESOTA TWINS +1000
•    Favorite pick is [904] ROCKIES -139 ( ACTION )
•    Favorite pick is [109] K.J.CHOI +2800

Of course this is just a sample and not conclusive.  At the very least, this top ten list can give you insights as to the hottest picks.  For more specific and updated information, you can just visit Bookmaker.

NBA: Donaghy Guilty

Friday, August 17th, 2007

In what could be dubbed as one of the most scandalous events in the history of the NBA, the referee accused of illegal sports betting activities has been found guilty of the charges.  Timothy Donaghy, a 13-year veteran referee of the NBA, has pleaded guilty to the charges against him.  These include his accepting cash in exchange for making winning picks, which he made based on privileged information as an NBA referee.  More than that, some of these games were under his jurisdiction as a referee.

What do people have to say about this?  There is no official word from Commissioner Stern as of yet but U.S. Attorney Roslyn Mauskopf  says “The participation of an official of one of the world’s premier sports leagues in an illegal betting scheme involving his own sport demonstrates the corrupting allure of easy money. Today’s guilty plea and charges serve as a warning that seemingly easy money often comes at a high price.”

It should not cast such a shadow over the sports betting scene, though.  There are perfectly legitimate sports betting operations wherein ordinary people like you and me participate.  We should not be punished for what one person has done.  However, we have to be realistic.  With such a highly publicized incident, we can expect some sanctions on the sports betting side.  We might have to face more restrictions.  I have no idea what they may be but I am pretty sure that repercussions would follow.  I just hope that whatever they implement would not make the innocent suffer just because someone else messed up.

The Uniqueness of Sports Betting

Friday, August 10th, 2007

If you are into various gambling activities, you would tend to agree with me that sports betting is a league of its own.  When a gambler goes into a casino – whether it is online or land based – the fact is that most table games have a house edge.  That is, the house has an advantage over the player.  No matter how small this house edge is, the fact remains that it exists.  The only way to win at those games is for the player to employ strategies that will keep the house edge to a minimum.  More so, he has to have the skill needed to succeed at these games.

So how is sports betting different in this respect?  It is simple, really – there is no house edge when it comes to sports betting.  More so, the odds in sports betting are not as huge as that of different lotteries.  In sports betting, you need to approach the whole thing as an investment and thus you should keep a cool head and be disciplined.  With that combination, you can easily profit from sports betting.

Of course, there are certain things that you need to bear in mind when betting on sports.  Just like other gambling activities, it is best not to chase your losses.  Despite the fact that there is no built-in house edge in sports betting, there are still times when your picks will have losing streaks.  Walk away from that.  There will always be a next time.

Sports Betting in Uganda

Monday, August 6th, 2007

This piece of news that I ran across online yesterday proves my theory that wherever in the world you go, you will run across people who like to gamble.  Whether it be on sports or cards or what not, there will always be someone willing to take risks.  For those who think that gambling activities are frivolous and unnecessary, it might be that the last thing they would associate Africa with is gambling.  I would tend to agree with them.  However, if you think about it, what is the logic behind this way of thinking?  As I said in the beginning, there really is no geographical limit to taking risks.

The people of Uganda are no different from millions and millions of people around the world – they have a passion for sports, specifically, soccer.  Recently, though, Sports Betting Africa announced that they are expanding their operations into East Africa, of which Uganda is part.  They are introducing their “Soccer 1×2” game which, they believe, will add some zest into the soccer fans’ experience.

How to play?  “One has to obtain an applicable fixture list for the 1X2 game and consider how each of the 12 pre-determined fixtures will end. The player must play a minimum of two board games of sh300 each. One marks (1) for a home team win, an (X) for a draw and a (2) for an away win.

The player who predicts right at least nine of the 12 games is an instant winner with sh2.78m as the highest jackpot.”

How to Avoid Online Betting Scams (Part 2)

Tuesday, July 31st, 2007

In the last post we looked at some things that you can consider when evaluating how safe or legitimate an online sportsbook is.  Of course, as a reminder, I would like to say that these are only pointers and they do not guarantee, in any way, that you are safe from scammers.  Anyhow, let us look at some more tips on avoiding online betting scams.

Check out these management issues:  how long has the sportsbook been in business, how financially secure is it, and what kind of management does it have?  The first question is easily answered.  The second one would entail looking at listings such as the Stock Exchange.  The third one would entail more research.

One of the best measures for a sportsbook is customer service.  Check if they have service 24/7.  Try giving them a call.  Do their reps speak good English?  That is, is there no language barrier?  Are they helpful?  Courteous? Patient?  You want to know these things because if you encounter problems later on down the line, you would have to deal with them.

Last, evaluate their wagering rules and their bonuses and promos.  Though these things may not really give you a good gauge as to whether the site is legit or not, it is assumed at this point that you have a good idea regarding that already.  It is time to make sure that this site is going to give you your money’s worth!

How to Avoid Online Sports Betting Scams

Tuesday, July 24th, 2007

Wherever you go, there are always people who would try to take advantage of you – that is, if you let them.  This is a fact of life and is applicable to most any case.  Sports betting is not exempt, especially online sports betting.  So how can you avoid being victimized?  Here are some tips to help you.

Know where the online betting site is located.
  There are so many ways that people can con other people online.  One is to base their company in an obscure place.  Do your research and make sure that the sports betting site is located in a country that legally allows sports betting.  When in doubt, better look for another site that you are sure is legitimate.

Test the speed of the site. 
Though this may be a shaky point for others, I believe that a good sports betting site should be generous and smart enough to establish resources to maximize the betting experience.  Try using the site right before a major game.  If the connection is too slow, then I suggest that you go someplace else.  This means that the owners of the site are too cheap to invest in additional resources and this is not a good thing.

Check the payment options.  One way to check if the site is in good financial shape is whether or not they offer credit card payments.  If they do not, it may be a sign that they are not in good financial standing.  Credit card companies are quite strict when it comes to partnerships, so this is a good measure.

More to come.

How to Succeed at Sports Betting

Tuesday, July 10th, 2007

I don’t know about you but for me, anything that I try out I want to be successful at.  The thing is, success is not always guaranteed.  No matter that I want it so much, there are simply times when I cannot get what I want.  I know I am being philosophical here…anyhow, in sports betting, I would think that most people are aiming for success as well.  Otherwise, why keep on making your bets and placing your wagers?  Here are some tips to help you succeed in this activity.

I believe that the main thing to remember is the fact that there is no one way to succeed at sports betting.  There are many different systems and strategies and not all of them work for everyone in the same way.  That is why it is important for you to find your own strategy or adopt one which works for you.  This is probably the hard part.  In the beginning you would have to keep on trying our different systems and methods.  This would be akin to the trial and error method.  When you hit upon a system that seems to work for you, try it out for a while – measure the long term success.  If it lives up to your expectations, stick with it.

All the while that you going on with your sports betting activities, do not overlook a simple yet powerful thing – doing your homework and keeping notes.  These go hand in hand.  Search for information and keep track of your activities.  This way you can go back and look through your notes for future reference.

NBA Draft 2007 (Part 1)

Friday, June 29th, 2007

This year, as it is each year, the NBA draft drew its own share of enthusiasts. For sports bettors who pay close attention to the ongoing events at the NBA, then you will surely appreciate some inside news on the draft. Sports Illustrated recently published an article on some behind the scene stories about the draft. I don’t know at this point how useful the information would be in the future but here are bits and pieces of the article nonetheless.

Number 1: Yi and the Bucks
“The Chinese contingent was stunned by the draft destination of its home country’s next great basketball product after Yao Ming.

He looked unhappy,” one reporter from Guangdong said, referring to his lack of a smile as he met NBA commissioner David Stern on stage after the pick.
“We’re all shocked. The Bucks were never in China,” a reporter from Shanghai said.
“Yi said he didn’t know anything about the team, the coach, the GM or the city,” the reporter from Guangdong added.

Soon after the pick, rumors were flying about Yi’s future in Milwaukee. A source in an opposing team’s war room, who knew of Fegan’s desire to avoid having his client land in the Minnesota or Milwaukee markets, speculated that “this could get messy.” Would Yi — who’s been described as a Dirk Nowitzki-like big man and not a Yao clone — demand a trade? Would he threaten to remain in China for another season? Or would he eventually come around to the Bucks, who disregarded Fegan’s warnings because they had Yi ranked as the third-highest player on their draft board?”

Let’s look at the next bit of news in the next post.

The Due Factor

Tuesday, June 26th, 2007

When betting on sports, there are certain things that are not cut in stone yet are as important as anything else.  These things are called intangibles.  For example, a serious sports bettor analyzes the recent performance of teams in a league.  This analysis will show who is playing well and who is playing poorly.  Aside from that, the sports bettor can find out information such as the mindset of the different teams and players as well as the chemistry between players both within the same team and with other teams.

The question, though, is just how much importance should be placed on the recent games when it comes to sports betting?  There is such a thing called due factor, which in essence simply refers to the idea that a team’s performance is about to change because of an extended streak (whether win or lose).

To give you a clearer picture, think about this year’s NBA champs, the Spurs.  Say they were on a winning streak – they’ve won their last 8 games.  The due factor would dictate that their chances of winning the next game have decreased.   Yet does this ring true?

I don’t think so.  The bottom line is that evaluating previous performances is important in determining sports picks but it does not have a predictive value regarding what will happen in the next game.  Though that is the truth, the due factor type of thinking is so common among gamblers – don’t be misled and fall for it as well.