Category Archives: gambling advice

gambling advice

10 Tips for Betting on Football

He is not taken in by being involved in USC-Notre Dame just because it is the biggest watched game of the day. “Common wisdom says that over the course of a long football season the average man or woman will pick approximately 50 percent winners. Consider Underdogs – “In the long-run, it’s easier to win betting on the underdog,” Konik says. “For example, if you have a $1,000 bankroll for the season, you should generally bet no more than $50 a game.”

While these tips don’t guarantee you’re going to win, hopefully they can make you a little less square and a little more sharp in your picks this season. Chasing losses is the fastest way to the poor house.”

But that doesn’t mean you have to bet like a “square” and throw away your hard-earned money.

But even though the math says it’s virtually impossible to win on a consistent basis, Americans continue to bet on football. They use powerful computers that can process millions of bits of data and produce a more accurate point-spread line than the bookmakers.”

10.

1.

Moseman agrees and especially likes home underdogs. There are almost an infinite number of scenarios that can happen in a single football game.

“Most people with an understanding of football gambling bet between 3 percent and 5 percent of their bankroll, increasing when they win and reducing when they lose,” Vaccaro says. These books change their numbers according to the betting patterns of their customers, so it is not entirely uncommon to find two or three point differences in the lines.”

9. To be a successful sports bettor you need to operate with a clear mind.”

“The biggest mistake that amateur bettors make is they increase their bets when they are losing,” Sevransky says.

Newspapers and popular sports sites routinely publish the lines or point spreads for games, and football insiders offer their picks to viewers each week on ESPN and other cable networks. “In trying to bamboozle potential customers, many services make claims about having scouts all over the country that give them inside information and promise 70 or even 80 percent winners, as if the bookmakers were the biggest suckers in the world.

Ted Sevransky, a well-known Las Vegas gambler and sports consultant with Sportsmemo.com, agrees.

“There is probably no better bet in sports than playing an underdog at home,” Moseman says. Also, being “in action” can make a dull late-afternoon game (Buffalo vs. Oakland comes to mind) seem like the Super Bowl. Bet at the Right Time – “The sharp bettors tend to bet underdogs, and they tend to bet them early,” Moseman says. Avoid Chasing Bets – “Don’t do it! There is no worse way to mismanage your bankroll than to chase your bets after a losing day,” cautions Moseman on the dangerous practice of trying to immediately win back your losses. Slim underdogs regularly win outright.

8. “Over the course of several seasons, the percentage of bettors who turn a profit is minuscule.”

“The talking heads on TV know nothing about sports betting,” says Sevransky. In fact, sports bettors must pick 52.4 percent winners just to break even.”

“A square is the average, unsophisticated gambler whose decision making is based on hunches, media manipulation, or spurious systems that cannot overcome the bookmaker’s inherent mathematical advantage,” Konik explains.

Another difference between squares and sharps is how they approach betting on game day.

And remember, in the immortal words of “Fast” Eddie Felson, “Money won is twice as sweet as money earned.”

“A sharp or smart has a plan of what he wants to do,” says Vaccaro, the director of sports operations and public relations at Lucky’s Race and Sports Book in Las Vegas. Research Football Services – “Most sports services realize that most people who sign up with them are insecure,” Gordon warns. Otherwise, you’re better off doing your own research.”

“The bookies fear and despise a tiny coterie of professional bettors known as ‘the sharps,’” Konik says. Not all games work according to this formula, but it is usually a good rule of thumb.”

So, how much are we gambling each football season?

4. “Because alcohol clouds your judgment and usually helps you to make rash decisions you usually wouldn’t otherwise make. “In the NFL, a game will often be totally turned around by one or two plays, or even a single penalty. “As for me, the best bet in football is betting the point spread or over/under totals on individual games. If you are going to go with a favorite, it is best to place your bet early in the week when the sharps are laying heavy money on the points. Big underdogs often find ways to cover the spread and they rarely give up toward the end of a game in front of the home crowd.”

Even Hollywood is not immune – think Two for the Money with Al Pacino and Matthew McConaughey.

5. Money Management – “This is without a doubt the most important aspect of betting on sports and possibly the most neglected,” says Morey “Doc” Moseman, a professional gambler and sports consultant with DocSports.com for nearly 40 years. If you want advice about sports betting, find someone who has a successful track record. “The sharps are usually members of a betting syndicate privy to the most up-to-date information on injuries, weather, game plans, and, most important, the real power of the teams involved.

6. Giving 11 to 10 odds is almost always the cheapest price you can give.”

Also, it’s probably a good idea to disregard advice from the myriad of ex-players and football experts you see on television each week. “When you’re in a good rhythm and winning, you want to increase your bets. The only touts bettors should consider are the ones who talk about the long haul and realistic winning percentages, which are in the upper 50 percent to lower 60 percent range.”

Certainly not back into the pockets of the average bettor. “If you become an expert on a smaller conference like the WAC, you have a good chance to beat the house because sports book operators do not have the time or resources to follow this conference the way you can.

Although exact figures are impossible to calculate, according to Jimmy Vaccaro, widely considered to be Las Vegas’ most influential bookmaker, Americans probably wager more than $50 billion a year on NFL and college football combined.

“A square or recreational player might have a vague plan, but after two Corona’s he will definitely run to the window and make a hasty decision on the USC-Notre Dame game because he wants to be involved in the party atmosphere,” Vaccaro says.

3. “There will be more discrepancy in the numbers at different sports books. “The key to proper money management is to be sure not to bet more than you can afford to lose.”

Michael Konik, a sports writer and best-selling author of The Smart Money (Simon & Schuster 2006), explains why it is so hard for the recreational gambler to win at betting on football. “Thus, the bookies love and cherish the squares.”

So, how much should you bet a game?

However, Konik adds that there are some bettors who actually know how to beat the bookies. Avoid Exotic Bets – “For very skilled handicappers, with a proven track record, there can, at least in theory, be value in betting parlays,” says Gordon on the type of bet that combines two or more individual wagers. So underdogs tend to be slightly undervalued – except by the sharps.”

7. The only locks that exist are those that need keys to open them.”

“In an average season, fewer than one bettor in twelve turns a profit,” Gordon says. Locks Don’t Exist – “Anyone who has watched sports for about a month realizes that the difference between winning and losing, especially against the spread, can be infinitesimally small,” Gordon says. If you like an underdog, it is best to get your bet in as late as possible, where there is heavy action from squares on favorites. There is a wealth of information on the Internet; it is just up to you to find it and research it daily.”

“The standard bet requires gamblers to lay $11 for every $10 they want to win with the extra $1 or 10 percent known as the juice,” Konik says. The payout is just the same as far as he is concerned. “If you listen to their advice, you are sure to lose. And why not? We have unconditional love for the sport and betting $50 or $100 on a game adds an extra rush of adrenaline. If North Texas is his best bet on a Saturday then that is his bet. Thanks to the juice, the only one who profits in this scenario is the bookmaker.

And where does all that money go?

.

Betting on football games; whether it’s through a local bookie, an offshore Internet site or a Nevada casino (still the only legal place in America to make football bets), most of us have done it or know of someone who has. The NFL, for example, will have very similar numbers at most of the betting shops you visit. But, when you’re struggling, that’s when you want to reduce your bet size until you get out of your slump. “Teams play inspired ball at home. “Squares usually bet later in the week and they tend to pick the favorites. Drinking and Gambling Don’t Mix – “There is a reason the casinos in Las Vegas supply you with free drinks while you are gambling,” Moseman says. Shop For Numbers – “Another important aspect of betting on football is shopping for the best number,” Moseman explains. He loses year after year, according to Dan Gordon, a top football handicapper and author of How to Beat the Sports Books (Cardoza Publishing 2005).

So, is it possible for the average square to become a little sharper in making football bets this season? According to professionals like Vacarro, Konik and Gordon, amateur bettors have the best chance to win if they demonstrate a little patience and follow the 10 basic tips below. On college you will be able to find different lines at different sports books. “He is not jaded by teams and does not bet with his heart. Focus on Conferences – “The best way to win money betting football is to develop a niche and follow it closely,” Moseman advises. “Most people prefer to bet on the ‘better’ team, the one that will probably win the game.

2

Gambling – advice for family and friends

You don’t need to talk about your concerns if you don’t want to. It is important to protect yourself from any harm that may arise from your family member or friend’s problem with gambling.

Seek legal, financial and other advice to explore your options.

Budget and allow each member of the family some spending money, including the problem gambler. Contacting a gambling counsellor is a good place to start.

Do not lend EFTPOS or credit cards or share ‘pin’ numbers, or leave that information where it can be found.

Photocopy (and keep in a safe place) copies of important documents such as house title, marriage and birth certificates, and tax file numbers.

Don’t sign anything you don’t understand or are not prepared to pay for. Consider talking frankly to other affected members of the family so you can support each other.

Counselling or self-help groups can assist you in making decisions about your relationship.

You have the right to feel safe, and emotionally and financially secure. Do not help them lie and deceive.

Practical steps to avoid financial harm

Page content currently being reviewed.

Content on this website is provided for education and information purposes only. Your relationship with them may cease or dramatically change in the short or long term. 1300 651 251

Things to remember

You have the right to feel safe, and emotionally and financially secure.

Seek professional advice about how to protect your family’s assets and income.

Talk to trusted people who will not judge you or the person that gambles. All users are urged to always seek advice from a registered health care professional for diagnosis and answers to their medical questions. Information about a therapy, service, product or treatment does not imply endorsement and is not intended to replace advice from your doctor or other registered health professional.

Relate to them as an equal person. There are Gambler’s Help services available throughout Victoria, which provide:

Content Partner

A healthy diet, regular exercise and adequate rest can improve your wellbeing, and increase your resilience to stress. Consider talking frankly to other affected members of the family so you can support each other.Socialise with others

Coping with a loved one’s problem gambling can be very distressing. Having time out to do things you like can stop you from getting consumed by someone else’s gambling. For example, let them deal with creditors and their employer. 13 11 14

SuicideLine Victoria Tel. Maintain your friendships, continue with your interests and hobbies, and do things that you find enjoyable.Look after your health

Coping with a family member or friend’s gambling behaviour can be exhausting. Talk to trusted people who will not judge you or the person that gambles. Use your energy to help change your own situation rather than theirs.

Don’t try to take control of the gambler’s life. You can convey a willingness to support them. Readers should note that, over time, currency and completeness of the information may change. Suggestions include:

Inform the gambler of the negative impact that their gambling is having on you.

It’s not your fault. It is important to remember:

You cannot force your family member or friend to acknowledge that their gambling is a problem. A gambling counsellor can help you avoid a bad credit history if you have joint credit or loans with the gambler.

Take control of finances, for example, organise direct debits for bills, mortgages and regular debits, and limit access to cash. Counselling or self-help groups can help you make important decisions about your relationship.

Gambler’s Help is a free service for people who are affected by gambling.

You cannot force them to stop gambling.

No matter what you say or do, ultimately the only person who can stop gambling is the gambler. Talk with a professional who understands problem gambling if you are starting to experience overwhelming sadness, anxiety or anger. Avoid trying to protect them.

Support them in their struggle, but don’t take on their burden. If taking action puts your safety or the safety of others at risk, you may need professional help.

Relationship counselling and mediation can be a safer alternative for discussing problems and seeking solutions if there is a communication breakdown between you and the gambler. It may be helpful to seek support from others.

Let the gambler know you want to help. (03) 9696 6108 – support group for people with a gambling problem

Gamble Aware – information about the odds of winning, how gambling works, and when to stop

Financial and Consumer Rights Council Tel. Content has been prepared for Victorian residents and wider Australian audiences, and was accurate at the time of publication. It won’t work and will make you unhappy.

The gambling is the problem, not the person.

You are not to blame for their behaviour. 1800 858 858, TTY 1800 777 706 – 24-hour telephone counselling service

Gambling Help Online – for problem gambling counselling and support (Australia-wide), 24 hours, seven days

Gamblers Anonymous Tel.

Seek support for yourself

Spending time with others socialising can relieve stress. Friends or family members can often feel isolated and alone. They may feel out of control, embarrassed or ashamed. 1800 134 139 or (03) 9663 2000

Lifeline Tel. General suggestions include:

Seek professional advice about how to protect your family’s assets and income.

Do not lend the gambler money.

Do not pay the gambler’s debts.

Confide in people you trust

Free, professional, confidential counselling for people for whom gambling is an issue

Counselling for the family and friends of people for whom gambling is an issue

Financial counselling to help people with gambling-related money problems

Advice on self-exclusion programs and other support services

Community education to help communities reduce the negative effects of gambling.

Where to get help

Your doctor or other health professionals

Gambler’s Help Tel.

Check the mail yourself for bills.

Keep records of all finances including assets, income, expenses, contributions and gifts.

Your relationship with the gambler

In most cases, people who have a gambling problem have difficulty handling money when gambling opportunities exist.

This page has been produced in consultation with and approved by:

Victorian Responsible Gambling Foundation

You may need to put emotional and physical distance between yourself and the gambler.

Decide if you can manage the gambler’s money. Communicate your feelings carefully and openly. If not, you may need to maintain separate bank accounts and credit cards.

Remove your name from joint accounts to avoid inheriting the gambler’s debt. Choose to say ‘I can’t do this for you, but I will be with you while you do it’.

Allow them to take responsibility for their behaviour. A gambling counsellor can give you other suggestions on how to look after yourself.Making decisions about your relationship

Last updated:

December 2012

Problem gambling can strain relationships. Take steps to protect yourself and the people around you from financial harm

10 Tips for Betting on Football

On college you will be able to find different lines at different sports books. Consider Underdogs – “In the long-run, it’s easier to win betting on the underdog,” Konik says. But, when you’re struggling, that’s when you want to reduce your bet size until you get out of your slump. “If you listen to their advice, you are sure to lose.

3. The NFL, for example, will have very similar numbers at most of the betting shops you visit. The only touts bettors should consider are the ones who talk about the long haul and realistic winning percentages, which are in the upper 50 percent to lower 60 percent range.”

But that doesn’t mean you have to bet like a “square” and throw away your hard-earned money.

4. If you want advice about sports betting, find someone who has a successful track record.

“A square is the average, unsophisticated gambler whose decision making is based on hunches, media manipulation, or spurious systems that cannot overcome the bookmaker’s inherent mathematical advantage,” Konik explains. If North Texas is his best bet on a Saturday then that is his bet. Giving 11 to 10 odds is almost always the cheapest price you can give.”

“A sharp or smart has a plan of what he wants to do,” says Vaccaro, the director of sports operations and public relations at Lucky’s Race and Sports Book in Las Vegas. Chasing losses is the fastest way to the poor house.”

But even though the math says it’s virtually impossible to win on a consistent basis, Americans continue to bet on football. Thanks to the juice, the only one who profits in this scenario is the bookmaker. There is a wealth of information on the Internet; it is just up to you to find it and research it daily.”

And where does all that money go?

“A square or recreational player might have a vague plan, but after two Corona’s he will definitely run to the window and make a hasty decision on the USC-Notre Dame game because he wants to be involved in the party atmosphere,” Vaccaro says.

1. Also, being “in action” can make a dull late-afternoon game (Buffalo vs. Locks Don’t Exist – “Anyone who has watched sports for about a month realizes that the difference between winning and losing, especially against the spread, can be infinitesimally small,” Gordon says.

Michael Konik, a sports writer and best-selling author of The Smart Money (Simon & Schuster 2006), explains why it is so hard for the recreational gambler to win at betting on football. Research Football Services – “Most sports services realize that most people who sign up with them are insecure,” Gordon warns. “For example, if you have a $1,000 bankroll for the season, you should generally bet no more than $50 a game.”

Certainly not back into the pockets of the average bettor. And why not? We have unconditional love for the sport and betting $50 or $100 on a game adds an extra rush of adrenaline.

5. “In the NFL, a game will often be totally turned around by one or two plays, or even a single penalty. There are almost an infinite number of scenarios that can happen in a single football game. Slim underdogs regularly win outright. Avoid Chasing Bets – “Don’t do it! There is no worse way to mismanage your bankroll than to chase your bets after a losing day,” cautions Moseman on the dangerous practice of trying to immediately win back your losses. Oakland comes to mind) seem like the Super Bowl. “Because alcohol clouds your judgment and usually helps you to make rash decisions you usually wouldn’t otherwise make. Money Management – “This is without a doubt the most important aspect of betting on sports and possibly the most neglected,” says Morey “Doc” Moseman, a professional gambler and sports consultant with DocSports.com for nearly 40 years. These books change their numbers according to the betting patterns of their customers, so it is not entirely uncommon to find two or three point differences in the lines.”

“The talking heads on TV know nothing about sports betting,” says Sevransky. Avoid Exotic Bets – “For very skilled handicappers, with a proven track record, there can, at least in theory, be value in betting parlays,” says Gordon on the type of bet that combines two or more individual wagers. “As for me, the best bet in football is betting the point spread or over/under totals on individual games. “There will be more discrepancy in the numbers at different sports books. Not all games work according to this formula, but it is usually a good rule of thumb.”

While these tips don’t guarantee you’re going to win, hopefully they can make you a little less square and a little more sharp in your picks this season.

6. “Teams play inspired ball at home. Focus on Conferences – “The best way to win money betting football is to develop a niche and follow it closely,” Moseman advises. The payout is just the same as far as he is concerned. “If you become an expert on a smaller conference like the WAC, you have a good chance to beat the house because sports book operators do not have the time or resources to follow this conference the way you can. Bet at the Right Time – “The sharp bettors tend to bet underdogs, and they tend to bet them early,” Moseman says.

Newspapers and popular sports sites routinely publish the lines or point spreads for games, and football insiders offer their picks to viewers each week on ESPN and other cable networks.

However, Konik adds that there are some bettors who actually know how to beat the bookies. “When you’re in a good rhythm and winning, you want to increase your bets.

Ted Sevransky, a well-known Las Vegas gambler and sports consultant with Sportsmemo.com, agrees.

And remember, in the immortal words of “Fast” Eddie Felson, “Money won is twice as sweet as money earned.”

Although exact figures are impossible to calculate, according to Jimmy Vaccaro, widely considered to be Las Vegas’ most influential bookmaker, Americans probably wager more than $50 billion a year on NFL and college football combined. Big underdogs often find ways to cover the spread and they rarely give up toward the end of a game in front of the home crowd.”

Another difference between squares and sharps is how they approach betting on game day.

Betting on football games; whether it’s through a local bookie, an offshore Internet site or a Nevada casino (still the only legal place in America to make football bets), most of us have done it or know of someone who has.

So, how much are we gambling each football season?

“The bookies fear and despise a tiny coterie of professional bettors known as ‘the sharps,’” Konik says. If you are going to go with a favorite, it is best to place your bet early in the week when the sharps are laying heavy money on the points.

Even Hollywood is not immune – think Two for the Money with Al Pacino and Matthew McConaughey.

So, how much should you bet a game?. So underdogs tend to be slightly undervalued – except by the sharps.”

10. “The sharps are usually members of a betting syndicate privy to the most up-to-date information on injuries, weather, game plans, and, most important, the real power of the teams involved.

9. Otherwise, you’re better off doing your own research.”

Also, it’s probably a good idea to disregard advice from the myriad of ex-players and football experts you see on television each week.

“The biggest mistake that amateur bettors make is they increase their bets when they are losing,” Sevransky says. “Most people prefer to bet on the ‘better’ team, the one that will probably win the game. Shop For Numbers – “Another important aspect of betting on football is shopping for the best number,” Moseman explains. “In trying to bamboozle potential customers, many services make claims about having scouts all over the country that give them inside information and promise 70 or even 80 percent winners, as if the bookmakers were the biggest suckers in the world. They use powerful computers that can process millions of bits of data and produce a more accurate point-spread line than the bookmakers.”

“The standard bet requires gamblers to lay $11 for every $10 they want to win with the extra $1 or 10 percent known as the juice,” Konik says. “Common wisdom says that over the course of a long football season the average man or woman will pick approximately 50 percent winners. The only locks that exist are those that need keys to open them.”

So, is it possible for the average square to become a little sharper in making football bets this season? According to professionals like Vacarro, Konik and Gordon, amateur bettors have the best chance to win if they demonstrate a little patience and follow the 10 basic tips below. In fact, sports bettors must pick 52.4 percent winners just to break even.”

7. “Thus, the bookies love and cherish the squares.”

2. To be a successful sports bettor you need to operate with a clear mind.”

“There is probably no better bet in sports than playing an underdog at home,” Moseman says. Drinking and Gambling Don’t Mix – “There is a reason the casinos in Las Vegas supply you with free drinks while you are gambling,” Moseman says.

8. “Over the course of several seasons, the percentage of bettors who turn a profit is minuscule.”

“Most people with an understanding of football gambling bet between 3 percent and 5 percent of their bankroll, increasing when they win and reducing when they lose,” Vaccaro says. He is not taken in by being involved in USC-Notre Dame just because it is the biggest watched game of the day. If you like an underdog, it is best to get your bet in as late as possible, where there is heavy action from squares on favorites. “He is not jaded by teams and does not bet with his heart. “Squares usually bet later in the week and they tend to pick the favorites. He loses year after year, according to Dan Gordon, a top football handicapper and author of How to Beat the Sports Books (Cardoza Publishing 2005). “The key to proper money management is to be sure not to bet more than you can afford to lose.”

“In an average season, fewer than one bettor in twelve turns a profit,” Gordon says.

Moseman agrees and especially likes home underdogs