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Top 5 Betfair Horse Racing Trading Tips For Beginners

Certainly I got caught out a number of times when I first started. 4) Look Out For “Spoofers”. And it’s tax free. Note also that making around 2 to 3 per race would give you a profit at the end of the day of around 50 – not bad for a few hours work. Well, here are my top tips on how to “read” the pre-race horse racing markets and as such start to make a profit, while minimising the potential for losses.

1) Follow The Money. You now place bets at 7.2 and 7.4, meaning you in essence control both sides of the book and it’s very likely both sides will be taken, leaving you with a small profit.

It’s worth pointing out that these types of bet can take some time to be filled, and practise is needed if the price starts bouncing around. If it gets taken, you then place a back bet at anywhere between 16 and 18, and if that gets taken you secure a nice profit. Consistency is the key.

3) Speculate On Large Price Movements.

5) DO NOT, UNDER ANY CIRCUMSTANCES, LET YOUR BET GO IN-RUNNING.

For example, you see Horse A is trading at 7.0 on the lay side and 7.6 on the back side. This is when the action starts and liquidity markedly increases. Indeed, how you take your losses – and there will be some – is just as important as making the wins count. Similarly, if there is a large amount on the lay side, the price is likely to go out (get higher). This can of course be repeated until the market catches up.

For instance, Horse A is running in the 5:10 at Galway. If you lose, don’t let it upset you, simply forget about it and move on to the next race…

2) Look Out For “Gaps” In The Market. Essentially, what you need to look out for are two empty price increments. Horse racing prices move where the money dictates. If the market does move against you it is still easy enough to close out for zero loss. This is more suited to Irish racing, where there is lower liquidity, meaning price movements are far more pronounced. This will cause a number of traders to pile in ahead of it (following the money), forcing the price down. I know I did, but it is a stupidly risky thing to do and should be avoided at all costs. If you place a bet and the market moves against you, don’t hold on and on, hoping it will come back into profit, eventually letting the race start – you will end up losing a large chunk of cash. Fact. Simply take the loss and move on. You notice that there have been a few nibbles at around 13.0. This is something to watch out for when following Tip 1 on this list. It’s probably a good idea to trade horses with prices between 10.0 to 17.0 to start with, as at these levels the market is easier to “read”. The trick is to watch for the build up of these positions – comes with practise – and dip in ahead of them, then ride the price movement to a nice profit.

Essentially what happens is a bettor on Betfair will place a large bet on one side of the book – let’s say it’s on the back side, as that is the usual scenario (although it does happen frequently both ways). . This is much easier to do using the “Ladder” interface view on Gruss or Bet Angel. Its price is 12.0 on the lay side and 20.0 on the backside. Nonetheless, this is one of the more fullproof ways of making small, consistent profits.

Alright, so you’ve got yourself a Betfair account, you’ve downloaded Bet Angel or Gruss as your betting interface, had a little dabble, but still aren’t sure what you need to be looking for in order to start making some money. Now, this bettor who has placed the large bet, takes these back bets, lets it run for a little while, then places a series of large lay bets, forcing the price back out. This tip involves looking for large gaps in the market, seeing where money has been taken (a feature of the betting software) and placing your bet accordingly. You can also “feel” that the market isn’t moving as it should, as the back bets are often gobbled up faster than you would expect.

Just a few pre-tips beforehand: The best time to trade a race is around 10 minutes before the off. If there is a significant amount on the back side of the book, the price is going to ger shorter (get lower). While not as useful a tool as it once was, exploiting “gaps” can still be a very profitable addition to any betting system. Now, I understand that many of you will ignore this. This is where you place your bet – a lay stake at 13.0 to 13.5. This causes all the traders who got in thinking they could ride the back side to jump ship, forcing the price out even more as each one fights to minimise their loses.

With practise, this technique is relatively easy to spot, as spoofers tend to use far larger sums that is usual on Betfair

How To Bet And Win In Horse racing

Placing a $100 dollar bet on a good trifecta will give you a broad nice smile on you face when collecting your winnings.

Pick 9: Same as the Pick six, the only difference is that the odds are stacked much more higher and so is the payout. A trifecta is where three horses are placed in the exacta order of finishing 1, 2, and 3. As the odds for winning increases so does the payout. So if you bet that horses number 6 and 7 will come first or second, doesn’t matter which one comes first or second. Betting beg on a pick 9 can give you millions in winnings.

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Quinella: The Quinella is a term given to a bet that picks the two horses which will come first and second no matter the order. All horse tracks offer exacta betting on most races. If one horse win and the other does not, you will lose your bet, both horses must win for you to see dividends.

Exacta: In the exacta, you can pick the horses that will finish first and second in exact order. So your wager is on horses 6, 5, 7 & 8 (all in 4 consecutive races)

Trifecta:If you are really lucky or really know your horses, you can wager on what is called a trifecta. So if you are wagering on race 1 and race 2, you must bet on the horse that will win in race 1 and the horse that will win in race 2. Races with 7 or less horses are usually excluded from High 5 or another term pick 5 wagering.

Pick Four: Are you feeling a bit more lucky? well pick four is for you, you are wagering that your choice of 4 horses will win in FOUR consecutive Races. The Odds of the quinella are much higher than a direct win, so more money will be won if the quinella comes through.

Double Event: This waging is when you select the two winners from two consecutive races. These bets are not available in all races as many factors depict if a customer can wager on a high 5 race such as the amount of horses in the race. The odds of picking the six winners in six races are high and so are the payoffs.

High Five: You are wagering that your choice of 5 horses will finish 1st through 5th places in a single race. So if you wager on horses 6 and 7 in an exacta or sometimes called a perfecta, you must specifically state which horse you bet will come first and which horse will come second.

Pick Six: No, this is not the lotto, you must be very lucky to burst this bubble, you are wagering that your choice of 6 horses will win their respective Races

Tips On How To Bet In Pick-4 Lotto

As it is, people are free to come up with their own strategy. Whether online or conventional, the bettor pays for the combination, which only adds to his lotto expenses. But theres no proof yet that any of these strategies work.

Common Strategies That Dont Work

Bettors of Pick-4 and other lotto games employ what they call strategies in choosing a number combination. They believe the winning combinations in lotto follow a pattern, so they analyze look for this pattern, using elaborate methods including mathematical computations. One such strategy is organizing a lottery pool.

Pattern analysis for lotto can even be found in the Internet.

People go through all the process of analyzing combinations that they believe to be winning lottery numbers. They spend hours analyzing these combinations and their chances of success. You might as believe in being lucky than believing there is an accurate analysis of number combination..

This strategy is not only being used by amateurs in lotto games, but also by hardcore bettors. At the end of the day, its their money that they spend, not anybody elses.

There are many other strategies lotto bettors employ in the hope of winning the jackpot. People continue employing the strategies hoping they will be the first to prove they work.

Other bettors use patterns. Theres the parallel pattern, the horizontal pattern, the oblique pattern and other patterns that they can think of. If for example the youngest child was born on March 1, 1990, the numbers to be used will have to include 3, 1, 9, 0, etc. The more traditional ones go for the conventional tip sheets. This is a more practical way of increasing the chances of winning. The fun starts even before one can place the bet. But the fact is that there is no sure formula for winning the lotto. A group of five to ten people decide to form a group and pool in their resources to be used in placing bets with various combinations, hoping for a guaranteed Pick-4 wins with 15 number combinations.

But in playing lotto, analyzing number combinations could be part of the fun, although it means so many wasted hours. The fact is, there is no winning formula in playing Pick-4 or any other lotto games.

The Odd-Even Scheme

Nevertheless, Pick-4 and all the other types of lotto games are a game of chance. And yet despite lack of proof that this method works, many bettors still use them. But that doesnt minimize their popularity. And while theres no law that prohibits people from trying their luck in lotto the way they want it, some pieces of advice might help them play lotto without having to spend time in worthless activities. Dates of historical events are also a popular choice.

Aiming for a Pick-4 lotto win can be an exciting experience. These are dates of important events in ones life, like birthdays of the members of the family, and even pets. They also use the consecutive numbers combination.

The thing here is that while the chances of winning may increase, there will be many of you who will split the money in case you win. And the temptation for one to run away with the whole amount is great. Others use the odd or even combination.

One of the most common strategies used is the dates in the calendar. It starts in the process of analyzing possible winning combinations using different strategies, or just picking numbers at random at praying to Lady Luck that they might hit the jackpot this time. The chances of developing conflict within the lottery pool are high, especially if the pool is not a group of friends. They also balance single digits with double digits. They balance the number of odd figures with that of the even figures

5 myths of sports betting legalization

Since sports gambling is currently something that happens in the shadows, problem gamblers are likely to hide in that shadow until it is too late.

The National Council on Problem Gamblers has found that problem gamblers are most often involved in illegal gambling, so moving toward a model where more gamblers are doing it legally can only help.

“One of the things that makes sports betting so interesting is that it is probably by far the most widely participated in form of illegal gambling. Yes, trademark images and logos would be a different story, so I could see the leagues getting marketing deals, but I don’t see that as a huge windfall for the leagues.

Mr. Say I set up an account with Legal Sportsbook A. John McCain (R-Ariz.) also recently said that Congress needs to hold hearings to discuss legalizing sports betting.

While it seems that the question of legalizing sports betting presently is more of an if than a when, there remains a great deal of uncertainty regarding what it would look like. Those who believe that legalized sports betting will lead to more risk of game fixing simply don’t understand why games are fixed. In addition, asking for a percentage based on the overall handle (total amount wagered) will cut into the margin of the sports books too significantly.

And I have heard some mention licensing fees for data, but haven’t we already covered that in lawsuits against both the NBA and Major League Baseball Advanced Media (MLBAM)? In both cases, statistics and data were ruled to be public, not a private asset for which the leagues could charge a license fee.

In the most relevant case, CBC, the parent company of CDM Sports, a fantasy provider, sued MLBAM after being denied a new fantasy sports license. Are fewer people gambling because they can do it in their home state?

My answer is a solid maybe. Some are based on a time frame, while others are based on going over agreed-upon limits. These days, most bookies provide both a phone number and website where bets can be made. Whyte, executive director of the NCPG, told my ESPN colleague David Purdum.

Myth No. This is not how most bookies work. In the past two decades, although total revenue has risen, percentage of revenue from gambling has decreased from close to 60 percent to last year’s 38 percent. 2: It will create more “problem gamblers”

I understand the argument that legalized sports betting could expose more people to gambling and the increased ease and access will create more problem gamblers, but I simply don’t buy it. In the latter case, I set up a credit arrangement with Illegal Book B and we agree that I will pay every time I go over $1,000. Illegal gambling is one of the factors that’s associated with gambling addiction,” Keith S. operation for the U.K. Many bookies will allow me to get more credit and continue to gamble. In addition, customers are far more inclined to place a wager when they don’t have to put any money down.

Those betting with bookies have predetermined settlement terms. The topic of federal legalization of sports betting has been brought up before, but it has gained steam since Adam Silver’s November New York Times op-ed and after Silver’s cover story in ESPN The Magazine’s Gambling Issue. The experience of going to Vegas is becoming less and less about putting down a sports bet and more and more about the experience of everything else. Concerts, shows, high-end nightclubs and restaurants draw people to Vegas as much as the gambling does. “But for the FBI knocking on our door and notifying us about Donaghy’s betting, none of the systems that we then had in place had captured any betting by Tim Donaghy.”

In addition, game fixing would be easier in a world where fewer people track or are even aware of things like point spreads and over/under bets. When I lose this money, it’s gone, and I can’t bet until I put more money on deposit. In fact, there’s an argument that exposing more people to sports gambling in their native states will make the general concept of sports gambling more approachable, ultimately leading to a larger overall percentage of sports fans-turned-gamblers.

Las Vegas sports book operators are already looking to expand to other states. Purdum, an expert on the subject, has been vocal in his belief that online sports gambling will need to be a big part of the new legalization plan, and I share his belief, as betting on a phone and computer is simply much more convenient than driving to a brick-and-mortar sports book and making a wager. This is the type of financial recklessness associated with problem gambling.

Furthermore, once sports betting becomes legal the negative stigma behind it will eventually disappear, which will make it a bit easier for problem gamblers to ask for help. 4: It will damage the sports betting business in Las Vegas

The thought process here is that with legalized sports betting available locally, there will be less interest in making the trek to Sin City to wager on sports. This year, it is on pace to welcome a record 40 million visitors. First off, the government will only legalize if it is going to get significant revenue. Vegas has had to reinvent itself as a place that is about more than just gambling. This credit relationship will be hard for many gamblers to give up.

Since bookies will not have to pay taxes or licensing fees, they will be able to offer better margins or incentives to their customers. This mirrors a similar concern that some had 25 years ago when Indian and commercial casinos began sprouting up all over the U.S.

In that time span, we all know that Vegas has flourished. Illegal sports betting has some characteristics that can lead to problem gambling more than legal betting would.

Here’s an example.

Silver echoed this sentiment when discussing his personal revelation in an exclusive interview with ESPN. Maybe more so.

I see the same trend happening if sports betting gets legalized in the U.S. 5: It will create greater risk for game fixing

This is the easiest myth to dispel. There are no credit checks or margin calls until it is time for me to pay. Sen. It’s a pretty reasonable assumption that it’s easier to fix a game in an environment where most of the money wagered is impossible to discover or track by the government. In order to grow the pie large enough, these conveniences must be provided to gamblers. If something shady were to occur in a game around a betting proposition, raised awareness by the public about gambling in general would help highlight any improprieties before, during and after the match.

Myth No. I will likely have to put money on deposit to do so. But let’s say I have a bad losing streak and end up down more than $1,000. There are going to be a lot of hands in the cookie jar. If it’s legalized, there will be huge changes, but some assumptions are simply off.

. (It’s common for bookies to offer rebates to their big customers.) This will be difficult for legal bookmakers to compete with.

Myth No. The two biggest reasons people bet with bookies (beyond the lack of alternatives) are the convenience and the line of credit. “The Donaghy controversy also made me aware how important it is that we have a way of monitoring irregular activity on our games,” Silver said. U.S. 3: It will put local illegal bookies out of business

Those who believe this simply don’t understand how sports betting with a bookie works. The U.S. District Court Judge Mary Ann Medler ruled in favor of CBC, stating that “statistics are part of the public domain and can be used at no cost by fantasy companies.” One would infer that the same would apply to legal bookmaking operations.

Once games happen, the stats are public domain. How will it be regulated? How involved will the government be? Will it be federal enforcement or on a state level?

Until many of these questions are answered, it will be difficult to draw any hard conclusions about the ramifications of legalized sports gambling in the U.S. I am concerned that the overall pie, even with online gambling, may not be large enough for the leagues to make the money they are hoping for.

The real value for them will be potential marketing dollars and increased fan engagement, not licensing fees for data or direct revenue from wagering.

There are a lot of unanswered questions regarding legalization of sports gambling in the U.S., and it will be fascinating to watch how it unfolds in the next few years. bookmaking powerhouse William Hill has already set up an operation in New Jersey, and MGM CEO Jim Murren has said his company is interested in expansion.

At any rate, I really don’t see legalized sports betting in other states having a big impact on the sports betting business in Vegas.

Myth No. 1: It will result in large revenue for the leagues

When I think about the best way to legalize sports gambling from a logistical standpoint, I get a headache. Legalized sports betting would elevate these now somewhat esoteric notions into the mainstream conversation about sports. Second, operators will need to run a cost-effective business, which may prove difficult if there are a lot of other hands to feed besides the government.

There is simply no way the leagues could ask for a percentage piece of gambling revenue, as this would result in a huge conflict of interest. However, there are certainly some myths that I believe can be dispelled.

Here are the top five myths about legalizing sports betting and why they’re wrong:

Myth No

How To Stop Gambling Addiction

At present, the new forms of gambling, such as internet betting, have a certain “trans-socio-economic appeal”, and the same might be said of slot-machines where they are situated within casino complexes. The type of gambling we are referring to are slot-machines, internet betting, casinos, betting shops and dog racing. Online gambling addiction is similar to any other addictive behavior.. Most problem gamblers will seek help through counseling and this lens aims to explain how to resolve gambling issues. All which possess the element of risks. Online gambling addiction often leads to problems of debt and these people with debt problems are often referred to specialist debt counsellor. They would want to talk about their debt problems with their counsellor in relation to their other anxieties. Do not hesitate further. Unless there is a strong religious belief that creates a barrier to establish a gambling or betting habit, people are often affected irrespective of race, social class or economic situation.

Some people may be drawn to certain forms of gambling or betting due to their socio-economic situation and that may simply be because of the influence of friends, family and availability. No doubt, this is one of the main causes in the rise of online gambling addiction.

GET RID of Your Gambling Addiction Now and Move Towards A Better Lifestyle!

The greater the availability, the greater the risk of people becoming addicted to the degree that it has problematic effects on them, and on those closest to them. Many people seem to take gambling as a normalized way of being.

“How to stop gambling addiction?” It is important to understand the root causes and symptoms of the addiction in order to deal with it effectively

Online gambling firm GVC ‘not prepared to walk away’ from Bwin | Reuters

(thetim.es/1hSLo2W)

“We don’t see (going hostile) as necessary right now as we’re offering a higher price and have a better operating track record.

Online gambling company GVC Holdings Plc could go hostile in the 1-billion-pound ($1.5 billion) battle for Bwin.party Digital Entertainment if Bwin’s board recommends a lower offer from 888 Holdings Plc, the Times newspaper reported the company’s chairman as saying.

Both proposals comprise a mixture of cash and shares.

A person close to the matter said going hostile – that is, going directly to shareholders with an offer – was an option, but GVC would first try to convince Bwin’s board that its offer was superior to that of 888.

GVC’s board is “not prepared to walk away” from Bwin, the Times quoted Lee Feldman as saying. Bwin, like 888 and GVC, offers casino, poker, bingo and sports betting. That said, we believe GVC should own this asset and we wouldn’t exclude any strategy,” Feldman told the Times.

888′s initial offer of 104.09p in July has already been recommended by Bwin’s board.

Top-five shareholder Jason Ader and others are supporting 888, while GVC has the support of Henderson Global Investors, the person close to the matter said.

The offer from GVC, which owns the Sportingbet brand, values Bwin at about 1.06 billion pounds, while an offer of 115p per share from 888 would value it at about 948 million pounds.

Two sources familiar with the matter said 888 was now offering about 115p for Bwin, whose shares were trading at 116p on Wednesday.

GVC’s offer works to about 129p per share, based on closing share prices on Tuesday.

Ader and a representative from Henderson Global Investors did not immediately respond to a request for comment.

888 Holdings stepped up the battle for Bwin on Tuesday by submitting a revised takeover proposal to fend off GVC.

888 and Bwin, which has been up for sale since November, did not provide details of the new proposal but Bwin said it would evaluate it alongside with GVC’s.

(Reporting by Parikshit Mishra and Aastha Agnihotri in Bengaluru; Editing by Anupama Dwivedi and Ted Kerr)

Online Betting Service Temporarily Suspends Wagering on Google IPO Price; Betting Restored in Restructured Form After Onslaught of ‘Under’ Action on Opening Price

“We received an extraordinarily high volume of wagers from people in New York and California saying that the IPO auction would result in the stock opening below $110, which prompted us to revise our closing price betting structure,” Nickels said. 16, 2004–SportsBook911.com, a leading online betting service, temporarily suspended “over-under” wagering on the Google IPO auction after an onslaught of bets from New York and California saying the search engine would have an opening price of less than $110 per share, the mark set as the over-under by the online wagering site as well as the price expected by most money managers. “Given the financial connections of people in those two cities, we quickly recognized that we needed to change our wagering structure to level the playing field and make this more of a challenge for our customers who will have a way to make money on the Google IPO without having to actually buy a share.” . SAN JOSE, Costa Rica–(BUSINESS WIRE)–Aug. Initial wagering was for the opening price only.

“The reality is that the general public does not usually buy stocks over $100, which we think will severely reduce the possible investor pool, therefore there will not be enough buyers to support that price,” according to Mike Nickels, president of GC Sports Group, which operates SportsBook911.

Nickels said he does not anticipate any additional changes to the Google IPO wagering structure.

The temporary suspension was lifted today with a revised wagering platform that includes five price points, with varying odds for each, for the stock’s opening price and closing price. Google itself is predicting an opening price of $108-$135

Online Sports Betting V/S Offline Sports Betting by Fransis Rodrigues

Do not fall prey to unscrupulous or fraudulent operators. . The demand for different sports has resulted in increase in demand for Sports betting line all over the world.

Initially people had to move to land based places just to wager on the outcome of a particular sports activity. Online sports betting has seen a steady rise as more and more people are finding it convenient to bet from their homes any time of the day.

Here are some useful tips that can make your sports betting venture more convenient and simple:

Satisfy yourself about the processes followed by the bookmaker.

Online sports betting also gives you an option to bet on different sports book.

Always read the terms and conditions of different sports book before betting on a particular sports activity.

Do not get addicted to online sports betting. You need to know your limits and avoid unnecessary losses.

Signup with multiple online sports book websites

Starting with online sports betting

Online sports betting can be enjoyable provided you play your odds right. Many people are considering wagering on their favorite sports game not just to make money but also to add excitement to the game. Online sports’ betting is an adaptation that makes wagering on different sports game more convenient and profitable. It is more convenient and inexpensive as compared to land-based sports betting.

There is an interesting aspect to most sporting events, besides being convenient and inexpensive form of entertainment.

Online sports’ betting is an organized form of gambling. It is unlike offline sports betting where you do not have multiple sports book options. You can learn but you must also resist the temptation of becoming a compulsive gambler. However today with the development of the Internet sports betting is become far more convenient and easy as you can wager on any sports activity right from your own house 24/7

History of White’s

James Street, where it remains today. At this time, chocolate was a rare luxury that only the wealthy could afford. According to Anthony Lejeune’s book, Gentleman’s Clubs of London, one member bet 1,000 that a man could live under water for 12 hours. A prospective member needs someone to propose his membership and two seconds. Mrs. Applicants who already know many current club members have the best chance of success.

White’s may be one of the traditional gentlemen’s clubs that remains relatively unchanged by modern times. Today the club has many leisure activities for members ranging from cards to billiards.

Lejeune, Anthony, Gentleman’s Clubs of London, Macdonald and Jane’s, 1979

White’s has long been considered a Tory club. Members are mostly aristocrats. The bet was lost when the man died.

White’s Club Life

Since its establishment as a gentlemen’s club, White’s has provided a place for members to socialize over cards and parlor games. He hired a man to carry out the experiment. Business remains barred from conversation. White’s has always had a reputation for high stakes gambling and unusual wagers. If accepted, the new member pays around 850 a year in membership fees. The fashionable St. Bets also included social concerns such as gentlemen’s fashions and marriages.

Some eccentric bets for those with money to burn included Lord Avanley’s 3,000 bet on which of two raindrops would fall on the bottom of the famous bow window pane first. In fact, in 1783, the club was the unofficial headquarters of the Tory party.

In addition to selling chocolates, Mrs. Italian immigrant Francesco Bianco, who changed his name to Francis White, founded the establishment in 1693 at 4 Chesterfield Street and called it Mrs.White’s Chocolate House. The sponsors write the prospective member’s name in a book and collect about 35 signatures of support for the applicant. During this time period, White’s moved to 37-38 St. White’s sold hot chocolate and other chocolate concoctions. The table placed in front of the bow window was reserved for honored members and became a symbol of social prominence. Source:

Not much is known about the membership application process. Other bets had more serious consequences. However, membership was reserved for the wealthiest and most influential members of society who aligned themselves with the Tory party.

White’s Betting Book

During the nineteenth century, club members placed controversial bets in the famous White’s betting book. White’s was one of a number of chocolate houses that eventually became a gentlemen’s club.

Notable members of White’s include Horatio Walpole, Edward VII, Evelyn Waugh, David Niven and Prince Charles.

In the nineteenth century, the establishment was the most exclusive gentlemen’s club for well-born upper class young men. Etiquette is extremely important. White’s sold tickets to plays performed at the Royal Drury Lane Theatre and the King’s Theatre. During the reign of King Charles II, chocolate houses were gathering places for London’s elite to debate politics. Bet topics ranged from political predictions to sports. Written about in novels and movies, White’s may also be the most famous gentlemen’s club.

Early History of White’s

White’s gentlemen’s club began as a chocolate house that sold chocolate delicacies. Ticket sales helped balance the costs of the chocolate and maintaining the establishment.

By 1778, White’s was an established gentlemen’s club. The clubhouse had a special bow window on the ground floor. All fashionable gentlemen sought membership in the club. Many political bets were placed during the Napoleonic Wars. James area was the most desirable area for a clubhouse. Beau Brummell held the seat for a number of years.. The membership is still all male

Learn How Void Bets Decrease Chances of Losses in Online Sports Betting

Since individuals from different parts of the world bet at one place, a uniform pattern is followed throughout. In the earlier times, people used to watch sports and put wager on the outcome in small groups. To know more about this type of bet, visit sports betting websites and take a look at their rules and regulations.

Author’s Bio:

The author of this article owns a chain of online sports betting and loves to share his learnings with other players. If you wish to learn more about cricket fantasy or betting on football then visit kick360.com.

The history of football betting dates back to the days when players actually started playing the game. As years passed, sports betting became a popular thing and bets were placed at a large scale. To increase the odds of winning money while betting on sports, you must be familiar with the system in all.

What is a Void Bet?

Introduction to Online Sports Betting

Advantages Void Bets

Anyone who wishes to analyze the pros and cons of any trend in the betting industry must have proper knowledge and experience. But, for your assistance we list some of the advantages of void bets. Also, if you place a bet on a wrong player then these bets give you a chance to save your money.

Situations for Void Bet

Player Injury When someone bets on a particular player and he gets injured while playing then it is a void bet.

The only difference between traditional and online sports betting is the latter takes place over the Internet. This trend of placing bets through bookie in nearby areas prevailed for long and we would like to mention that it exists even today. Firstly, these bets help in reducing losses to great extent. At that time, people could place bets on any match taking place in any part of the world with the help of bookies in neighborhood (A bookie is the person who accepts cash bets and then pays off to the one who wins the bet). And then all the bets are declared as void.

Changes in Timings If a sports event does not get over within scheduled time then the money is returned as it is and the bet is declared as void.

If you pay attention to the section above, we have mentioned that void bets occur in particular situations and these situations are:. This swift growth has brought lovers of sports betting residing in different parts of the world together thereby bringing transparency in the system. But, the popularity of bookies has decreased significantly and today online betting is the thing everyone is running after.

Void bet refers to the situation in which the amount of money put at stake as it is without deducting or adding any amount. Although there are plenty of things to learn but here we begin by introducing one of the most commonly used terms, that is, Void Bets. It is worth mentioning that void bets occur quite frequently and thus you should have an in depth understanding about the same.

Postponed Events Many times, sports events are postponed due to one reason or the other. There is no limitation on placing wagers through bookies in nearby areas only and you can virtually contact any dealer in any part of the world

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