How to Profit From Sports Gambling

The goal for sports punters is to earn a profit whilst enjoying our favourite sport. The sad truth is that for the majority of gamblers, this is an elusive dream. However by developing and carefully following a stratagem anyone can make this dream a reality.

There are two factors to consider to profit from sports gambling:

  • Bet Selection
  • Staking Plan

Bet Selection

The first, Bet Selection, is obvious – we need to back winners at least some of the time. Let’s consider Horse Racing, anecdotally there are many professional punters who earn a comfortable living from picking horses, but the key word here is professional. Research and analysis of each horse in the 59 racecourses across the UK takes a sizeable amount of time and experience. If you want to be successful then it’s a full time job! For the majority of us this means we have to use the advice of experts to do some of the legwork for us.

Horse Racing Tipsters

UK horse racing has no end of self-proclaimed “experts” on the Internet charging up to £100 per month. When selecting a horse racing tipster the most important factor we need to consider is long term results.

The Internet is awash with tipsters who have had one good month but then go on to post a loss for the next six – but you will only see this one month on their home page! Never follow any tips without first checking the tipster’s full result history. Choose a tipster who publishes all their horse racing tips history, ideally where the results of the tips are published the next day along with a complete history of all their tips.

Take a look at a Tipster Proofing site such as Racing-Index who grades the results for a number of tipsters. Consider which tipster gives you gave for money and fits with your own betting profile – can you actually place the 100s of tips each month some tipsters require?

Following tipsters alone is not likely to earn us riches – the best tipsters are locked out for new members or charge such high rates that any profits are lost immediately. The solution is to develop our own system using tips from expert sources combined with our own research. This is the strategy successfully used in greyhound racing by followers of the site. As with most things; the more you put into your system the more you will get out.

Staking Plan

Once we have a betting strategy in place it is time to look at a staking plan. The simplest is Fixed or Level Stakes where we simply bet the same amount, for instance 2% of our initial betting bank, each time on our selected horse, however we would want to increase our wagers as our betting bank grows. This leads to Percentage Staking where a percentage of the current betting bank is wagered each time. This means as we win our stakes are larger and conversely the stakes shrink when the betting bank decreases.

However, intuitively we know these staking plans to be overly naive as we would be putting the same amount of money on a horse with low odds compared to a horse with high odds. As we are looking to maximise our profits we should be putting a larger stake on a low odds bet as the return will be less.

To find the optimal staking plan we could take a correspondence course in statistics and dedicate several years into research. Fortunately we live in age where this research is at our fingertips. From probability theory we have the Kelly Strategy where the optimal percentage of our betting bank is calculated from the odds of the bet and our own estimate of the probability of the horse winning.

Using an online Kelly Strategy Calculator just feed in the values to get the percentage of the betting bank to put on each horse. Now the Kelly Strategy can give us some scary percentage stakes if we have an initial run of high odds horses so we could adapt it to a Half Kelly Staking Plan where we wager half the percentage advised by the Kelly Strategy. This would result in a slower accumulation of gambling profits but a less hair-raising ride.

The most important sports gambling advice to heed is only bet with funds you can afford to lose. Always gamble responsibly – if you feel you need help and advice with problem gambling visit http://www.gambleaware.co.uk.

Stop Compulsive Gambling Addiction With Education

Through proper education, society can develop programs to stop compulsive gambling addiction before it gets out of control. It’s unfortunate that people are willing to educate themselves only after they have been negatively affected by gambling. In most situations the damage has been done.

When most people think of education they think of schools and books. When in reality every day we are educating ourselves about life from the time we get up. To Learn about compulsive gamblers all we need to do is observe their patterns. Breaking the patterns will help in the recovery process. All the signs are there, all we have to do is face the truth. You start to ask yourself more and more questions. What are we going to do? We are going to find all the resources available and apply them to our situation. Through this knowledge we will help to accerlate the recovery. The first area to look at is your understanding of what you are going through. It dose not matter if you are the compulsive gambler, friend of the compulsive gambler or related to the compulsive gambler. Your life has been affected. It’s now time to focus. Educating yourself on compulsive gambling addiction will help you to plan for your future. You can have a wonderful future.

It’s first important to understand the definitions of compulsive, gambling and addiction. Through knowledge you will gain a better understanding of compulsive gambling addiction and find new alternative ways to treat it.

Compulsive is an uncontrollable desire to do something.

Gambling is the wagering of money where the end result is uncertain and the individual is willing to take a chance.

Addiction is a craving that develops into a dependency to repeat a certain behavior over and over with out regard for the outcome.

Combine these three words and you have an uncontrollable desire to gamble where the outcome is uncertain that develops into a dependency.

It’s unfortunate but most people can not tell that they have an addiction until they have developed a self destructive behavior that has negatively affected their life.

What causes a person to have a compulsive gambling addiction? No one knows for sure, but there are many similarities in the type of individual that have becomes addicted. If we can understand the type personality that is more susceptible to addiction, then we can at least safe guard ourselves. For example it’s an established fact that children of alcoholics have greater chance of becoming an alcoholic. Since there has been significant growth in the gambling industry more and more people have developed a compulsive gambling addiction.

Gambling is a common practice all over the world. It’s believed that gambling dates back to the ancient civilizations where people would gather to take a chance even though the odds were against them.

People who are close to you, who have developed a compulsive gambling addiction will not show signs until a majority of their resources have been depleted. However these people exhibited negative social behavior inside the gambling establishments.

The gambling establishments are not regulated by law to stop people from recklessly throwing away their money. Even though these places know what they are doing to people, they recklessly destroy people’s lives for profits.

The gambling establishments have seen gamblers stay up for two days straight gambling and have not turned them off. They have allowed these individuals and other to max out their credit cards. No one did anything to help them. A bar is required by law to turn someone off if they appear to be drunk. Gambling establishment’s can also identify people who are in trouble. I have taken the opportunity to interview employees at gambling establishments. The employees all stated that they could tell who had a compulsive gambling addiction based on their repetitive behavior patterns. For example they would continuously go back and forth to the cash machine, they are there at all hours of the day and night when rational people would be sleeping, been seen in the same clothes for more then two days and there are many more signs. Why doesn’t somebody do something about it?

When compulsive gamblers go out to the gambling establishments with friends or family they appear very conservative when they gamble at first. By the end of the night all the signs are there, but no one is paying any attention. A few signs are seeing them frequently go to the cash machine, not ready to leave when you are and they continually tell you that their luck is going to change with just one more bet.

You can find more information at I Stopped Gambling So Can You:

http://www.istoppedgambling.com/

Education is the key and increasing your knowledge will enable you to deal with your particular situation.

Online Gambling – The Gamblers Paradise

Online gambling – The incessant gamblers paradise

For all those gamblers who had to make the effort to get up out of their chair and physically go to the casino, here is some good news! Technology has come of age. Now gamblers can sit at home in front of their PCs and play their favorite casino games. And who knows, maybe even win thousands while experiencing a game of poker, blackjack or even poker with 3D annimation and lifelike sounds of an actual casino. The internet has become extremely popular in the past 2 or 3 years as to offer the best gambling facilities online. These online gambling sites have near exact characteristics of the real thing. And the best part is that they are interactive, so you can play and meet with lots of people from around the world. Most of the reputable online casinos offer new features, prizes and bonuses daily so there’s always something new for the online player. Here is what you are likely to find on an online gambling site.

Features of online gambling

The best thing about online gambling is that it has all that a casino offers and more. You can find a variety of casino games like poker, blackjack, craps, baccarat, bingo, lotteries, slots, and more. Not only that but you’ll find many variations of these games as well. Some online casino boast as many as 150 different games and more. There are jackpots and bonuses and some of these sites offer casino credit too.

Some of the other features include tournaments and matches with other players and opponents and exclusive offers like user home pages, e-mail ids and player statistics. The graphics and animation used is superb, and gives the real feel of the casino.

A word of caution though before you gamble at a casino do not be lured in by the biggest bonuses. Always take care while gambling online, and be sure that these sites are registered with the right body and recognized as respected and honest casinos. Especially if you are transferring or betting money online. Also make sure they are virus free and do not cause any irreparable damage to your PC. Have a virus protection program on your pc before downloading any software.

Once you’ve taken these precautions and practised a while you could become the next big jackpot winner!

Gambling Away to Victory

It is the era of the computer – the computer age. The computer has graced every home today and it is no longer a luxury but a bare necessity like any other house hold commodity. What the computer can do and can be used to do, knows no bounds and limits and like they say the sky is the limit! One very interesting thing that the computer can achieve though is the activity of facilitating working from home. Today’s youngsters want to change things and are very hesitant to stick to office routines and supervisor’s deadlines. They want to be free like the wind and make easy money at their own comforts. Gambling and making money on the internet while playing roulette is becoming an interesting and integral affair for such advance minded youngsters.

A Roulette wheel at any casino is a wonderful means of making money but how to win at roulette is really a matter to consider. A roulette wheel on a casino is an easy attraction to anybody to wants to make easy money. The only disadvantage of this is that there are no clear strategies to improve the progress in this as this is entirely dependent on luck and chance. This is not a brain game and there is no actual roulette strategies that can help you win more. Does this mean there are no workable roulette strategies that will improve the chances of making money on the Roulette wheel? Like we’ve seen above, it’s a chance game – but the intervention of the brain does definitely help the player to see more advantage of these as against the house. There are quite a few interesting things that can be done to improve our own odds while we play on the roulette wheel. These are some interesting pointers that can help you on how to win at roulette and make more money out of this chance game.

The first and the foremost tip on how to win at roulette – the American roulette is more disadvantageous than the European counterpart. So, choosing to play on the American wheel over the European one is a bad roulette strategy. If you ask why, the European wheel has 37 spaces which comprises on one zero, while the American wheel has 38, with a double zero space. That is the American wheel has 38 digits in total – with a zero and a double zero, whereas the European wheel just has one zero. This simply means that there is a 50% lesser chance for the wheel to stop at 0, when the wheel is spun. So while the wheel spins, there is double the chance of it stopping at a zero on the American wheel than on a European one. The casino houses using the American roulette strategy make about 3% more money than the European one.

Another interesting ploy would be to look for games that provide for En Prison or Surrender as an option is a very good roulette strategy. If you chose option of surrender you get to actually lose only half of what you bet, if you land in double zero. More importantly this applies to all bets – be it red or black, even or odd, high or low. As this enables us to prevent losing about 50% of the winnings, this proves to be an intelligent roulette strategy. When you chose this option and you land either on zero or on double zero when you spin, you stand to lose only half of what you actually bet. This applies to any bets – odd or even, black or red, high or low).

Like discussed, En Prison is also an option while playing these roulette games. The option of En Prison lets the player take a second chance to spin the wheel. This is more or less like surrender and when you land on zero, the chips are put in prison – imprisoned. When the player loses, he places his winnings on the table (meaning they are imprisoned) and takes a second spin. The player gets another roll and if you land again on zero – tough luck and you lose, if you win, you get to have your earlier wins and the one that you just got. There is nothing more that we can if the wheel again stops at zero, unfortunately he loses out. But then if he lands on anything other than the zero, he stands to double win.

These are some of the ploys that can be used to turn this game of chance to the advantage of the player and win more and more. The more the merrier and the entire concentration of the player could be on winning more money at such chance games from the comfort of his home. This is one great way to make easy money in the world today!

Gambling Vs Your Brain: Who Wins?

Disputes about whether gambling has a positive or destructive influence on your brain has been going on for a while among both ordinary people and scientists. The latter have done a bunch of studies showing some unexpected results. Gambling is not always a thing that will cause problems for people, it may be even useful for your brain, and life. In this short article, we’ll tell you how games of chance influence your brain.

Gambling as a Cure

Muhammad Ali, Robin Williams, and even Pope John Paul II had one common feature – all of them were diagnosed with Parkinson’s disease. Most of the sufferers showed signs of slowness of movement, shaking, difficulty walking, and thinking problems. So how does Parkinson’s work? It literally destroys dopamine neurons in the brain that control body movement. Dopamine has another property – it’s one of the elements responsible for pleasure. From the point of view of gambling, the gaming process imitates the impact of the drug on your brain. In a nutshell, a person feels better, at least for a while. Of course, there are drugs which may help reduce the effect of the disease, but you need to increase doses every time you take the pill. And in the end, drugs becomes useless.

A Way to Keep Your Mind Young

Youth is something we wish to get rid of at first and then we desire to get it back. We can’t always be young, but at least we can slow down aging by using various innovational methods. As for the human brain, it also gets older with time. And if you want to be clever and witty in your 60s, then you should take care of your mind. The best way to look fresher than your peers is simple – just think and develop ideas.

Studies showed that those who keep their mind busy are much more likely to retain their mental capabilities than those who don’t have any brainstorm activities in their daily routine. Of course, there are plenty of exercises that can help you be a “clever guy” but all of them seem dull and mundane. And finally we’ve reached the major point – what about combining pleasure with utility? Gambling is at your service. And if you think that the previous sentence is nonsense, don’t rush to conclusions.

Almost all table games (Blackjack, Hold’em, etc.) require the use of short term memory. While you’re playing, you have to memorize and count cards. Besides that, keeping a conversation with gamblers, and making up a couple of witty jokes could never do any harm. Summarizing this paragraph, we can firmly say that gambling is a way to look bright in old age. By the way, choosing a proper place to play at is also a big deal. Most of the cool land-based casinos can be found only in certain cities and the ones you have in your hometown may not provide you with the necessary pleasure. Thankfully, nowadays, we can play at online gambling venues. But even when it comes to online casinos, it may be tough to choose the best option, since there are thousands of them. One of the best portals that review casinos and give you a reliable and informative opinion is HolyMolyCasinos. Those guys stand out from the crowd – the information is given in both funny and enlightening ways.

Addiction

Despite the facts listed above, gambling can’t be regarded as a totally harmless pastime, just as medicines can’t always be considered a cure. Games of chance may potentially become as addictive as physical substances. People who are heavily into betting feel an overwhelming desire to play more and more, until they win. And when players hit the right combination, the idea to win even more overcomes them. It seems to be a vicious circle.

The integral part of online casinos is a Self-exclusion program. Players can request this option, which will ban them from the access to a casino. So, if you’re afraid of getting carried away by playing online games, you can always force yourself to stop by reaching out to support agents.

Closing thoughts

We’ve reached the final point – it’s time to sum up everything that’s been said here. We have demolished a myth that gambling is always a “bad guy” and it’s better to stay away from games of chance and luck. Now you know that diseases like Parkinson can be prevented (or even temporarity remedied) by spinning slots, or playing table games. Another advantage is that not only is gambling a good way to spend your leisure time, but also you can retain your mental abilities for the rest of your life. But keep in mind that games of chance and luck may be addictive, and may cause some problems to players as well as their family.

Senior Gambling – Why Senior Citizens Love Gambling More Than Anything Else!

In the US gambling has become a prevalent activity. Surveys have been showing a regular increase in the number of people who are getting hooked on to gambling every year.

There are analysts who claim that according to their findings these gamblers spend more money on gambling than on any other sort of items which include video games, movie tickets, theme parks, etc. or any of these put together.

Since this time there have been a number of reports on how gambling has been penetrating into the society. There are still many studies that are going on which still do not have evidence and haven?t yet got their conclusions on senior gambling.

This sure is a problem and not a simple one. Among about 7000 seniors, a survey shows that bingo is a game that most of them go in for to have fun and get entertained at the same time.

The number of senior people has also been increasing over the years. A few years back it was only about a twenty percent and now it has been raised to about fifty percent. This only proves to show that gambling is also increases with the seniors and not only the young people of the world.

Due to the reason that many of the seniors have already got their ‘nest eggs’ you find that a huge number of them have enough money to gamble and do not find it difficult financially.

For those who want to know why senior gambling is gaining popularity today can read below a few facts which will give you an idea on it.

1. Seniors do not have much to do in their old age and gambling is one activity which is gratifying as well as lucrative at the same time.

2. Deteriorating opportunities and lack of attention for their social activities have also been a reason for the increase in number of senior gamblers. They find that gambling helps them in forgetting the hard realities that they are facing in life at least for a little while.

3. One other reason why seniors tend to gamble more than before is that they get their retirement’s funds or nest eggs and hence have enough money to waste on gambling. The more the money in their hands, more are the chances of them being able to gamble.

4. Most of the seniors do not gamble for more money. They just gamble to have fun and get some satisfaction.

5. There are also more privileges that the senior gamblers can make use of and hence it is more convenient for them to gamble and also enjoy the pleasure.

Teenage Gambling At Post Prom High School Party

The latest trend to hit high schools is supervised teenage gambling at the Post Prom School Party. Over the past few months I have received numerous emails from parents, students and school faculty expressing concern about the new alternative entertainment. In all cases these people believe it would do more harm then good.

The concept became reality for students once the Post Prom Committee voted to accept this new alternative entertainment.

This Post Prom Committee believes this is safe night party for the High School prom. The students who are taking part are between the ages of sixteen and eighteen years old. Each student is able to purchase fake money to gamble with and at the end of the night they can trade this money in for prizes with at the end of the night. Some parents believe this is a safe wonderful event for their children. While others believe this is one area they prefer their kids not be involved with.

One of the emails I received was from a family who home schools their five children. I was surprised since their kids were not involved. She had explained to me that her daughter who is seventeen has friends who attend the public school system. She went on to tell me the negative behavior exhibited by these teens after the event took place. In fact they taught her daughter how to play black jack and poker. This is a good neighborhood that has strong community ties. She also informed me that she not see the difference between using fake money or real money when you still have a chance to win a prize that has value. She believes these teens are being educated on how to gamble, win and take the easy way out.

People in favor of this gambling event, nicely told those who were against it to have their teenager’s stay home. It was my understanding the post prom parties were supposed to be for everyone.

It surprised me that a school district finds gambling night an acceptable behavior for our teenagers.

I have seen first hand the self destruction gambling can do to teenagers and adults. It’s my belief that gambling should be limited to people who are eighteen and over.

Another email was asking me for the specific statistics on the negative impact on a teenager’s who attend a gambling event. General statistics reflect a percentage of those in attendance will develop a compulsive gambling addiction. Some of these same students may become addicted at some point in their life. I have found that addictions to gambling are not age sensitive. People of any age who are gambling for the very first time can develop a gambling addiction. Usually a friend or family member takes them to the gambling establishment. I first found it difficult to understand how a person who is sixty five retired and on a fixed income gets addicted to gambling. The seniors I spoke with were very upset and didn’t understand how this happened to them. The unfortunate part is they lost their pensions and now only have their Social Security to live on. In one case the Grandmother has to move in with her daughter.

There is very little difference between supervised gambling and allowing supervised drinking alcoholic beverages or serving the students there choice of dugs on a silver platter. If a Principal served a student an alcoholic drink he would be arrested. I am trying to understand how school educators and parents can distinguish between alcohol and gambling on school property. How is one more acceptable then the other?

Studies have shown that there is a correlation between alcohol addiction and gambling addiction. The correlation was based on individuals who attend both Gamblers Anonymous and Alcoholics Anonymous meetings.

It would be a shame to find out ten years from now that students who took part in supervised gambling at the High School level their future was compromised by a life of self destruction and low self esteem.

It’s a proven statistics that students who gamble get a similar rush as if they just had an alcoholic beverage. The only difference here they will not wake up with a hang over and the side effects are minimal until it’s too late.

We have now given our students another option in life. The major concern is the student’s will probably like the rush from gambling a lot more then alcohol and or drugs since there is no hang over or smell. Some students are likely to continue gambling. Students with A grades are not exempt from this. Statistics show that compulsive teenage gamblers are also very bright and articulate individuals.

People need to be educated on teenage gambling and its long term affects. It’s illegal to gamble if you are under 18. It’s also illegal to drink if you are under 18 (some places 21) and it’s illegal to smoke cigarettes if you are under 18. These laws were set for a reason. Another email I received wanted to know do these school systems have any respect for the Law?

I emailed each of the people and asked why haven’t they raised their concerns to the school board? They all responded the same. “We are the minority and now we look bad in front of our kids.” This is truly a no win situation.

The parents who are against this sort of entertainment believe; if just one student develops a compulsive gambling addiction that is one too many.

For more information on Stop Teenage Gambling Website [http://www.teenage-gambling-addiction.org] and I Stopped Gambling So Can You http://www.istoppedgambling.com/.