A BEGINNERS GUIDE TO SPORTS BETTING
by Frank Scoblete
Frank Scoblete, is the #1 best-selling gaming author in America and his books and tapes have sold over a million copies. For a free brochure call: 1-800-944-0406 or write: Frank Scoblete Enterprises, Box 446, Malverne, NY 11565. Frankís websites arewww.goldentouchblackjack.com, www.goldentouchcraps.com and www.scoblete.com.
The objective of this article is to explain how sports betting works and how it can be profitable (like blackjack can be) for smart players.
Why Sports Betting is Profitable
Sports betting appeals to the smart bettor because it is not a game with a fixed house edge as are casino games. Sports betting takes more skill than luck and that makes it similar to blackjack. It is a game of numbers rather than luck.
You won't win every time you wager but ... pay attention to this ... the skilled handicapper has a huge advantage over the recreational bettor. Before going into more detail you need to understand how sports betting works. We will take a look at football where a point spread is involved because we are into the fourth week of this football season.
The casino sports books make their money on sports bets by collecting a commission on losing bets. This is called the vigorish or vig for short. The most common odds are 11 to 10. This means that if you want to win $100 you are risking $110. For example, you place a bet on the New York Giants at the casino sports book and pay $110. If the Giants win you collect $210 (your $100 win + your $110 wager) when you cash your winning ticket. If you lose your bet you lose the $110 wager. Got it?
Ideally, the sports book would like to have the same amount of money wagered on the two teams playing. If the Giants are playing the Colts and they have one player betting on the Giants and one player betting on the Colts they would pay the winner $100 but collect $110 for the loser. This gives them (the casino) a $10 profit so they really don't care who wins as long as they have an equal amount of money bet on each team. To accomplish this they assign a line or spread to make the contest equally attractive for both sides.
The Point Spread
Many people believe that the point spread is the predicted margin of victory by which one team will beat another team. This is not true. The line is the handicapper's prediction of what number will be required to split the wagering evenly on both teams. For this reason, the line may change from the opening line to the line at game time. The sports books goal is the following: to have the betting as even as possible.
If the public is swayed by sentiment to bet on a certain team then the odds makers need to adjust the line to get some action on the other team. Otherwise, the betting would be heavily lopsided. The general betting public reacts from the opinions of others. This is why you see so many people "jumping on the band wagon" of a winning team.
For the sports books, the line is flawed if it does not attract the same amount of action on both sides. However, from a smart handicapper's point of view, the line is flawed when it does not compute to his predicted outcome of the game. A weaker team can actually become the favorite if public sentiment is with that team. When this happens the underdog presents a huge overlay for the seasoned handicapper meaning that the odds are in his favor. For example: Team A should be a 3 point underdog to Team B: however, the public loves Team A and are betting on them and the line moves to make Team A the one point favorite, then Team B becomes an excellent bet. This is the contrarian principle and why many smart handicappers go against the general betting public.
An Example of How a Sports Service Works
This is an example of how Dominatorís Sportís service works. Dominator formulates his own opinions about the game with the help of his computer-partner expert Bill Burton, and ignores most of the public sentiment. He takes information from numerous sources, assign weights and values to it. Dominator Sports then makes their own power ranking and predicts what the point spread should be without looking at the official line first, and then compares their predictions to the line to look at discrepancies.
The large amount of data available via the internet and other sources means that Dominator Sports has more information but it also means there is more to sift through to find the gems (and boy does he find the gems). The use of computer programs can help when searching through the data. At Dominator's Sports Service they have the most powerful, sophisticated programs to look at every game every minute of every day to give an analysis of who will win and why. These then are passed through Dominator's brilliant sports betting acumen to give subscribers their picks.
Why don't more people win at sports betting? Like any other endeavor it takes time, patience and practice to become successful. A person of average intelligence can become a winning handicapper if he has the desire. Based on the odds of -110 for a straight football (or basketball) bet a handicapper only needs to be right 52.38 percent of the time to break even. However many sports bettors cannot achieve that percentage of winning over the long run.
Why I Recommend Dominator Sportís Service
Dominator's Golden Touch Sports Service has a proven track record for picking the winners. Dominator has been beating the Vegas sports books for over 20 years now and for the first time ever he is sharing his picks with the select few who subscribe to our sports service. Dominator Sports was 73-1 on our LOCK picks this past season in the NBA. We are 33-4 in our lock picks in MLB this year! And Dominator Sports is winning at 83% this NFL football season and 64% in College football! We are on fire and you can be too by betting what we tell you to bet.
Subscribers receive an email from Dominatorís Golden Touch Sports Service for football on Thursday, Friday, Saturday, and Sunday providing there are games that day that meet our criteria. In that email will be a link for subscribers to enter our site with their password to view the gazette with the picks. You then can place your bets (with either your local guy or use an off shore company... they even have companies that they can recommend to you that they know are honest and payout winnings without a problem).
So you say you don't know how to make a sports wager and have never placed a sportís bet... no problem because they will help you.
Have an enjoyable and profitable football season.
Our friends at Golden Touch introduced a new advantage gambling offering this spring with a unique Sports Prediction Service. Starting with basketball, then baseball, they are now rounding out the offering with the beginning of Football season. They are off to a roaring start, with a 73 and 1 winning record in their locks picks for NBA, 33 and 4 for MLB, and already hitting a 83% win rate with football. They have allowed us to offer our BJI readers a huge 15%/$100 discount on their Football VIP subscription service, which includes every football prediction they make (College regular season and Bowl games, along with all of the Pro football games, Playoff games and the Superbowl). To get in on this time-limited offer, click the link below:
If you're not sure about sports betting and just want to get your feet wet, Dominator's Sports offers a week trial membership for $39.95, which includes every prediction they make in all sports: Dominator's Sports Trial Subscription.
Go to their web site for more information and articles on sports betting:
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