Tuesday, November 17, 2009

Back in the game...

Time to get back on my shit.
To be continued...

11 comments:

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One of the factors that can influence the outcome of your program is that many bookmakers set maximum stake limits which can keep you from placing your full wager, so make sure that there in no max limit with any of the bookies that you are dealing with.

Everyone who is involved in any kind of gaming, gambling, or betting as heard the stories of legendary people who have supposedly created the next foolproof betting system and have used the system themselves to help them to avoid losing and get higher profits over the long haul. The fact is that there is not a system in existence that can guarantee you that you will definitely be successful and never lose.
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In July 2006 they finally got what they were hoping for when legislation was passed with a vote of 317 to 93. By passing legislation, it appears imminent that the Wire Act of 1961 is going to be updated to more closely coincide with the internet world of today. Basically, the Wire Act states that it is a felony to transmit bets via wire communications. The next step in the process is for the bill to go in front of the Senate. If they agree with the first round of voting it is safe to say that things are going to change drastically.

The problem is, most people wouldn't know where to begin if they had to devise their own worthwhile Selection System, and those clever enough to be able to do so simply wouldn't have the time to do it (it is an arduous task). In fact, there are only two groups of people who do bother to spend the time and money to do so properly: (i) Bookies and (ii) sports tipsters. However, while you can be 100% sure that all Bookies operate a good Selection System (but they won't share it with you), you can be sure that 99% of so-called expert tipsters don't. The number of tipsters doing a proper job on the Internet can probably be counted on the fingers of just two hands.

Anonymous said...

Another issue that you must stay on top of is price fluctuations from the bookmaker. The prices for placing bets do not just change with different bookies but even with the same. You cannot take it for granted that the prices that are quoted in print like the Racing Post will be valid at the time of the event. With sports betting things can change very rapidly so be sure that the price will be honored before placing your bet otherwise this can seriously affect the outcome of your arbitrage sports betting.

One key thing to remember when you are seeking out the best sports betting odds is that the best odds and the best sports bookmaker are not necessarily one and the same.
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Overall, the majority of people feel that the United States is missing the boat on this matter. Instead of simply regulating the industry like the rest of the countries in the world, they are trying to get rid of it altogether. This may have some benefits, but for the most part there is a chance that it could end up back firing. It will be interesting to see what the Senate decides to do in the upcoming months.

The important thing to note here is that neither of the above approaches is "systemised", although those in the first group believe that they are limiting losses while increasing their winning chances. But what the majority in that first group generally do not take proper account of is how the Bookies have fixed the odds to ensure that they, the Bookies, will come out on top in the long run. What this means is that if you only bet on "favourites" you will eventually lose all your money, although it is true that you will enjoy a much longer period of betting before you kiss your last buck goodbye!

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