Posts Tagged ‘Odds’

by State Library of New South Wales collection

Playing the ponies pivots entirely on what odds each horse has. The horse racing odds determine whether the bet is worth making or how much you can make should that horse win. But how does each track come up with horse racing odds?

Meet the Track Handicapper

Horse racing odds are often determined entirely by the tracks’ handicapper, who sometimes also doubles as the track announcer. The final decision for an individual horse’s odds is determined by one human brain. He or she estimates that if, somehow, the same race could be run with the same horses under the exact same conditions for 10 or 100 times, how many times will the particular horse win. If a horse is 100-1, then the handicapper doesn’t think much of the horse.

The track handicapper has to come up with the original odds (usually called morning line odds) about a week before the race is run. In this way, the horse racing odds for the track’s entire daily card can be sent off in time to local newspapers, online gambling sites and the national horse racing papers.

On The Day

Depending on where you live, you can bet that race as soon as the morning line odds are announced. But many people wait until the day of the race in order to be sure that the horse doesn’t scratch (have to be withdrawn from the race.) Also, many players like to see the how the horse is doing that day before they lay their money down.

As soon as the track opens for the day, you will notice that the odds on the tote board will often change dramatically before the starting gates finally open for the running of the race. The more people buy tickets for a particular horse, the lower the odds become.

by NedraI

GOHA ice hockey at chamonix city


Image by rafeejewell
Not only does Second Life address the needs of the arts community, education and the military, but the grid also supports both team sports and extreme sports.

Most of us have watched the surfers, skiers, and skateboarders in Second Life. But, have you watched a soccer game or a football game or an ice hockey game?

Chamonix City opened several sims featuring winter sports that include not only skating, sledding, etc, but also, the GOHA, Global Online Hockey Association.

With much fanfare, Chamonix City opened over several days with many events that included live music by The Follow and other live musicians, and a full sports store featuring freebies from your favorite hockey team!

I am going to make a point to put these sports events on my SL calendar. How fun to watch a fully scripted game, wear my fav team’s sweatshirt and cheer on my favorite players! GOHA! Goooo team go!

Hockey betting is likely to heat up this Monday with New Jersey Devils and Pittsburg Penguins fighting it out for the top place in 2009-2010 regular season standing. Both Devils and Penguins have 51 points and this is going to be a crucial encounter, not only for the teams but also for hockey betting fans. With the New Jersey Devils having the best defense and Pittsburg Penguins having the best offence in the entire leagues, a feast is in store for online hockey betting fans. While Pittsburgh Penguins are going in to win their 6th consecutive game, New Jersey Devils are looking at their 5th consecutive win. Naturally, online hockey betting sites are abuzz with game, which would start at 7:30 P.M EST, Mellon Arena.

Both the teams are doing exceedingly well making it tricky for online hockey betting fans. However, there’s some news for online hockey betting fans, New Jersey Devils will be without Dainus Zubrus (leg injury), Paul Martin (forearm injury) and David Clarkson (knee injury). On the other hand, the Penguins are relatively injury-free. Hockey betting fans expect a goal feast tonight. Hockey betting sites expect the New Jersey Devils to win this enthralling match. Pittsburg Penguins’ recent losses, especially the 4-3 loss to Buffalo would make hockey betting fans to bet on New Jersey Devils to win the match.  Further, the New Jersey Devils won the first two matches this season, both with a margin of 4-1. This makes would further make hockey betting fans to favor New Jersey Devils for a win.

Martin Brodeur of New Jersey Devils who was pulled out in the last game due to ineffectiveness would reappear for the match against Pittsburg Penguins. As per hockey betting fans the hottest player for the New Jersey Devils would be Dean McAmmond and not Brian Rolston, Travis Zajac or Zach Praise.

Check out Online Betting for New Jersey Devils vs. Pittsburgh Penguins Live Picks and Odds.

by The Library of Congress

[Christy Mathewson, New York NL (baseball)] (LOC)


Image by The Library of Congress
Bain News Service,, publisher.

[Christy Mathewson, New York NL (baseball)]

[1909]

1 negative : glass ; 5 x 7 in. or smaller.

Notes:
Original data provided by the Bain News Service on the negatives or caption cards: Christy Mathewson, Giants.
Corrected title and date based on research by the Pictorial History Committee, Society for American Baseball Research, 2006.
Forms part of: George Grantham Bain Collection (Library of Congress).

Format: Glass negatives.

Rights Info: No known restrictions on publication.

Repository: Library of Congress, Prints and Photographs Division, Washington, D.C. 20540 USA, hdl.loc.gov/loc.pnp/pp.print

General information about the Bain Collection is available at hdl.loc.gov/loc.pnp/pp.ggbain

Persistent URL: hdl.loc.gov/loc.pnp/ggbain.11512

Call Number: LC-B2- 2516-4

Baseball is an American sport that has made a lot of people wealthy, especially the players themselves who earn fortunes to the tune of millions of dollars per season. Why not cash in on this money-making sport that has made so many people, such as bookies and gamblers, rich? It’s definitely possible, with a bit of analysis and some well-informed guesses, to bet on baseball odds and make a huge heap in this kind of sports betting.

For thousands of years, since the existence of sports and other organized games, betting on the outcome has been the norm. In baseball today, many people bet to win untold amounts of money. Before you even start betting on baseball, you’ll need to know the baseball odds for a particular game. More importantly, you’ll want to find out the all the pertinent information that’s behind these baseball odds, whether it’s a player injurry or a home field advantage, that may make a difference in the direction a game goes.

When you bet on a baseball game, you will come face to face with what is known as money line betting. Money line betting involves bets that a person places on the odds presented by a bookie. What sets baseball apart from other sports is that the outcome of a game is the result of one single team gaining a victory over another, one game at a time. This actually makes for an uncomplicated point spread system that is easily understood and managed, an arrangement which a lot of sports betting enthusiasts prefer.

When betting on baseball odds, the winning team isn’t the only factor to consider. Some bookmakers offer odds that involve team pitches, run lines, and team action, as well as total scores. There are a lot of betting systems to master, and knowing how the sport is played is not a guarantee of winning enough money for you to make a living on. The key here is latching on to and learning a system that has been proven to lay down the basics of betting, particularly concerning placing wagers on baseball odds. You will have an additional edge by gathering information about each team’s players, which could increase your odds of winning.

Some gamblers improve their chances by consulting baseball experts to provide them with vital information to help them decide which baseball odds to lay their money on. For instance, the Red Socks are up against the Yankees, and one is favored to win over the other. Getting the opinion of baseball experts on where the betting trends and betting lines lie will give your more confidence about which outcome of the game to wager on.

A good baseball expert will not just point out the team most likely to win, but the reasons behind that likelihood of victory, such as the presence of a hot new pitcher, a hitting slump, or a sudden injury suffered by one of the players in the middle of the season. These factors can affect how the outcome of each game turns out, and the additional information may just help you come up with an informed decision.

With all these factors guaranteed to help you win consistently, plus a proven system based on the trends and expert experience, chances are you will be able to make a nice living off placing winning wagers on the baseball odds.

AP McCoy Black & White Horse Racing Photo


Image by Paolo Camera
Black and white shot of Jockey on horse during race.

Jockey Club owners, horsemen at odds over racing season
Uncertainty remains on eve of last scheduled commission meeting of ’10 Uncertainty remains on eve of year’s last scheduled commission meeting
Read more on Baltimore Sun

CashCall could take Comma to top of contenders
HORSE RACING: Gelding might get established as horse to watch in 2011 Triple Crown campaign. By Kevin Modesti Staff Writer Fans in the age of Zenyatta might not get excited about other horses’ meager little win streaks, but they must at least pay attention to Comma to the Top’s run of success coming into the $ 750,000 CashCall Futurity at Hollywood Park.
Read more on Los Angeles Daily News

by The Library of Congress

[Doc White, Chicago AL, at Hilltop Park, NY (baseball)] (LOC)


Image by The Library of Congress
Bain News Service,, publisher.

[Doc White, Chicago AL, at Hilltop Park, NY (baseball)]

[1912]

1 negative : glass ; 5 x 7 in. or smaller.

Notes:
Original data provided by the Bain News Service on the negatives or caption cards: Doc White, Chicago A.
Corrected title and date based on research by the Pictorial History Committee, Society for American Baseball Research, 2006.
Forms part of: George Grantham Bain Collection (Library of Congress).

Subjects:
Baseball

Format: Glass negatives.

Rights Info: No known restrictions on publication.

Repository: Library of Congress, Prints and Photographs Division, Washington, D.C. 20540 USA, hdl.loc.gov/loc.pnp/pp.print

General information about the Bain Collection is available at hdl.loc.gov/loc.pnp/pp.ggbain

Persistent URL: hdl.loc.gov/loc.pnp/ggbain.10661

Call Number: LC-B2- 2428-4

If you have ever bet on sports before, you will know that betting on the sport of baseball is not as simple as placing a wager on your favorite team to win at every game. Doing so will only lose you a lot of money as no baseball team wins consistently all the time. If you truly want to know everything there is to know about betting on baseball, you will need to do a lot of research into baseball playoff odds to help you learn how to bet in order to win. Take for instance the opinions of sports books and odds makers. Which team do they say is favored to win, and by how many points?

The fortunate thing about baseball betting is that there is a greater likelihood of winning a bet on baseball playoff odds compared to other sports.  Baseball spreads are created in such a way that you are guaranteed to win your bets on the baseball playoff odds more often than not. However, knowing what the odds are shouldn’t be the sole extent of your knowledge. Many odds makers and sportsbooks may supply odds that largely differ in terms of points. To help you make a more informed decision about which baseball playoff odds to place your wagers on, you’ll need to dig deeper.

There are a lot of baseball games played during the course of the season, and there will be a mountain of data that handicappers have to sort through to be able to lay down the gambling lines. Some people who sometimes have a difficult time understanding sportsbook numbers do their own research, consult online baseball betting experts, as well as read up on the teams competing against one another during the baseball season.

Baseball playoff odds are generally taken from an estimation of the likelihood of a certain team gaining victory over the opposing team.  This makes it imperative for any baseball betting enthusiast to analyze past games in detail to be able to make a well-informed prediction of a team’s likelihood of winning, and thus place their bets on the most likely baseball playoff odds their research has turned up.

Just like any gambling activity involving sports, you will need to be aware of the many factors that could affect the outcome of a game. For instance, you will have to take a look at the underdog. Most odds are against him, but that doesn’t mean the underdog cannot win. Baseball playoff odds are always pointing positively towards teams that play at their home stadium, as past records have shown a greater probability of winning.

Take a look at the contending teams and find out each one’s overall record of wins. Are they sporting a hot new pitcher? What were the general results of their spring training? It would also be useful to find out the batting slumps of each team’s key hitters, or if any team members incurred injuries during the season.

Winning consistently on all your wagers will depend on a good handicapper and a well proven system based on the many factors involved in a baseball team victory.

More Baseball Articles

Racing family at odds over brother’s amazing claim
Beyond all the headline-making acrimony between the turf identity Robbie Waterhouse and his long-estranged brother, David, this is the untold story.
Read more on Brisbane Times

Unionville man paralyzed in horse race finds he has lots of friends
When Jake Chalfin suited up to ride his horse “Sometimes Not” at the Blue Ridge Fall Races in Berryville, Va. on a warm Saturday afternoon in September, the Unionville jockey knew he was taking a chance. His horse, a three-year-old, had never raced over jumps and was unfamiliar with the race course.
Read more on The Kennett Paper

Racing family at odds
The untold story of the Waterhouses at war is out at last, writes Rick Feneley.
Read more on Brisbane Times

Horse Racing Capsules: Jersey Town lights up Cigar Mile
NEW YORK (AP) — Jersey Town, a 35-1 long shot, held off Haynesfield by a head Saturday in the $ 250,000 Cigar Mile Aqueduct. Cornelio Velasquez was aboard for trainer Barclay Tagg as the 4-year-old earned his first stakes victory.
Read more on The Brownsville Herald

by Paolo Camera

horse_race_mingella2


Image by RaeA
Closer crop – horse racing at Mingella c1981

Horse racing gambling odds and the elements that have an effect on these odds at WagerWeb Racebook. Sports bettors who venture their hard-earned cash in competitions like boxing matches or horse racing know that they cannot bet their money indiscriminately. You see, playing in events like these don’t purely depend upon luck. You can not belief your money to pure luck when you might have other components to consider. One factor that individuals who guess on the monitor at all times do is consult the horse racing gambling odds. These figures assist them determine where to place their money on. They bet their money relying on the possibilities proven by the horse racing wagering odds.
However what gambling factors affect horse racing betting odds?

a) Horse Reputation, the horse racing wagering odds are affected by the repute of the horses and their jockeys. When you concentrate on it that is the factor on which they base the horse racing betting odds before it can be affected by other factors.

The status of a horse and its jockey will set the horse racing gambling odds. The horse reputation is a reality and will present bettors with the initial impulse to wager or to not bet. The popularity of a horse and its jockey is earned through countless races. Thus, a reputable competitor gets first-class odds of winning a race. The horse race betting odds are affected by the popularity primarily because of the truth that it is, in truth, an amalgamation of the outcomes of the horse’s earlier races. Thus, if the horse is a digital unknown, then it would be onerous to set the horse race betting odds.

b) Opponents Situation, before the actual race, many ‘consultants’ examine the situation of the competitors. This may help determine the actual horse race wagering odds within the day of the race. By “situation” we seek advice from the assorted characteristics of the horse and of the rider before the precise race. This includes the physical condition of the horse, which tells you about its potential efficiency within the race. It additionally contains the emotional condition or “preventing spirit” of the horse which can tell you how far a horse will go to attain its potential.

Immediately, various consultants make use of various equipment with the intention to observe the situation of the horse properly. Some folks may even see this as an extravagant expense, but people who are in on the business know that much more money is determined by the condition of the horses.

c) Home Place, the “house” or the race observe actually locations a bet on the horses and that’s typically the case. Because of these bets, the horse race wagering odds develop into adjusted which can have an effect on the betting. Many track bettors base their wagers on the decision made by the track. This is usually the case when a gambler wants to win a particular amount of cash. If, for instance, a bettor places a wager on the “underdog” of the horse race, they could win a Big quantity of money.

In fact, most people just go together with the house because the house is actually capable of observe the opponents better. This manner, they have a bigger probability of profitable although their winnings could be comparably smaller.

What is vital about horse racing gambling odds is the truth that those figures are information. These figures assist the undecided commit their money to something. With out the horse race gambling odds, an individual would haven’t any method to figure out which horse to wager on.

WagerWeb RaceTrackBook : 13% Cashback Weekly! : Click Here!

Many people have discovered betfair trading to earn good amount of money. If you are a newbie in the world of betfair trading, then you need to know some of its tactics. Apart from laying and backing odds, you have many more options to consider.

Betfair trading on horseracing implies either lay them to ensure high profit or lay odds and then back them to lower your profit level. The main rule here is to lay low and back high. It does not matter which system of betting you choose to do first.

Betfair trading on horse racing is a lucrative method to earn money, but at the same time it is not so easy. There are various different markets available for you to trade, but the most popular that all people wish to do is just on horse racing. As it is simple and you just need to watch the screen of your computer for several hours to earn bucks. This kind of trading is fast-paced and enjoyable, if you do properly.

Earning Potential:

Some of the successful experts of betfair training claim to make about £1000 each week from horseracing betfair trade. Even, people have seen punters, who even made more than expected from this lucrative opportunity. However, you need to understand that, it also needs around £1000 to invest. This means, if you wish to earn £1000 each week, then you need to invest £1000 to start with. With regards to how to get in this trading line, you can take help of some useful web sites on the Internet that offers you with trading resources and tutorials to help you out.

The lowest bet amount on this betfair system is £2, but betting under £2 is simple. Placing a bet under this category is very useful, since it lets you to verify strategies without committing loads of money. Betfair trading is mainly placing a bet on the progression of a horse price. If you believe that a horse price will come down, then you can back it at the moment and lay it afterwards at minimum amount.

So long as the horse’s price is in motion of your expected direction, you can achieve an immediate and lucrative income. You can go over this trading process many times within a single event. Either wait until there is a change in the price of the horse or ask for the closing price that you expect and wait until it matches with your price. Indeed, you can modify the horse price and stake any time as per your wish.

Overview:

It is not necessary for you to lend any amount for covering the closing bet. In addition, you can benefit from a cheap commission liability that is payable, when you make profit from overall market, as opposed to the winning profit selection.

To sum up, whatever area of betfair trading that you want to specialize in, if you are serious about being successful, then definitely you will win and achieve desired income.

We’ve all had the experience of picking a horse to win but getting such lousy odds on it that we pass it by, figuring it is not a value bet. Then, when the horse wins, it hurts to know that we passed up cashing, even though we realize that we must stick to value bets or eventually lose our bankroll.

I will always advocate insisting on value in a bet. Indeed, I’ll go one step farther. The art of making profits on horse races is the art of handicapping combined with the business of identifying value in wagers. Without finding value, you are only solving half the puzzle. While handicapping and picking winners is fun, it can be expensive fun if you don’t discipline yourself to only bet on horses that are undervalued by the crowd.

The favorite wins about a third of the races, but betting to win on favorites is a losing proposition. If you like a horse to win, but can’t find value in the win pool, you can still put your handicapping skill to good use and perhaps, find value in the exacta pools. The crowd focuses on the favorite and the obvious choices for second. Typically, there will be a few exactas that are over bet, but that means there will also be underlays in the pool.

The most obvious way to find value is to find the horse that is the second favorite in the exacta pool, in other words, the lowest paying exacta with the favorite, and to determine if that horse deserves to be the second favorite and if it is over bet. In other words, if you can’t eliminate the favorite in the race, can you eliminate the second favorite?

There is no reliable formula that I know of to accurately determine fair value in an exacta, though many have tried. I think that practice and experience are the two keys to knowing what a good price is in the exacta pool.

Of course, this all depends upon your ability to determine that the favorite really does deserve all the action it is taking and that requires experience, as well.

Author: Max Redd http://www.reddracing.co.uk

This is the third instalment in a series of articles on profitable betting through sensible money management. So far, I have discussed the importance of getting value when you bet, to maximise the returns you achieve when your selections win. In the most recent article you should have learned to keep your stakes in proportion to the size of your betting bank.

Today I want to examine a common mistake that often gets punters into serious trouble – chasing your losses.

I don’t think there can be many of us who have not at some time, decided to get back what we just lost by betting a little bigger on the next race. It is sometimes known as progressive staking.

Let’s take a simple scenario: you bet £10 on Red Rum, and he loses. What do you do? Perhaps you continue with your selection methods and come up with another pick in the next race – Best Mate. The price is 6/4F

But, rather than putting another £10 bet on Best Mate, you decide to ‘chase’ your loss from the last race. You add another £7 to your stake so that when Best Mate wins you will pick up an extra £10.50 to recover the bet you lost on Red Rum. Good plan? Could be, after all Best Mate is a sure fire winner, right? May be. May be not!

What happens if Best Mate loses? You are now £27 ‘in the hole’. But you still have a plan. Your next selection is a dead cert winner at Even money. You place your usual £10 stake plus an extra £27 to cover your losses so far. No need to worry. When this one comes in, you will have re-couped your losses and have a £10 profit to show as well.

Let’s take a step back here. You are staking £37 to win a £10 profit. Think about it – you are effectively getting odds of only around 1 to 4 odds-on about a horse that is Even money in the market. That is terrible value!

You may escape this time and your horse may well win. But what if, heaven forbid, your red-hot even money favourite fails to win? After just three bets, you are down to the tune of £64 when your normal stake is just a tenner!

Long losing runs do occur, more frequently than you might think, and even with short-priced selections.

If you spent a day in a casino at the roulette tables, and analysed how many times you witnessed a run of 7 or 8 consecutive ‘red’ numbers, I would not be at all surprised if you saw this happen four or five times – in a single day. Here we have pretty much a 50/50 bet, even money, that the roulette ball will land in either a red or a black slot. Yet I was amazed to learn that the longest run of the same colour (reported) was THIRTY-NINE consecutive reds!!

Imagine if you were betting on black, and saying to yourself each time “no worries, it’s got to be black next time…. Surely?”

But let’s go back to the more common occurrence of a losing run of 7 even money bets. We will be betting on the red.

We place a £1 bet on the first spin. It’s black. We chase our loss by ‘doubling up’ and next bet £2. If we were to carry on in this manner, after 6 spins we would be betting £64 to win our original £1

I sincerely hope my point is getting across. By chasing your losses you can very quickly see your stakes climbing to preposterous levels, to win your original, relatively small stake. The risk is way out of proportion compared to the potential reward.

One last example to really ram the point home. The Racing Post runs a tipster competition. All the leading racing journalists are involved, representing the nation’s newspapers and horse racing publications. These are experts at tipping horses. Take a look at the results table any day, and see for yourself the longest losing run. Remember, these are the experts.

I looked today, and Racing Post PostData has suffered this season a losing run of twenty-seven. Twenty-seven consecutive losers from an expert tipster! And believe me, he is not on his own, just the worst offender this season so far.

There is an old saying – “Don’t throw good money after bad”. If your selections don’t make a profit from simple level stakes betting, don’t try and make them profitable by throwing more money at them. You may survive with a profit for a while, but this approach is a disaster waiting to happen. Sooner or later you WILL blow your entire bank chasing a disproportionately small profit.

If your selections don’t make a profit from simple level stakes betting, change your system.