lunes, 29 de febrero de 2016
Sports Betting Strategy: Betting Against the Public
Betting Against the Public is one of the most popular and simplest methods used . The logic is simple: always bet against the public. Whichever team the public is loading up on, simply bet the other team.
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There is a reason why sportsbooks are in business. We’ve gone to extraordinary lengths to conclusively prove that the Betting Against the Public betting strategy will produce a positive return on investment.
How can simply Betting Against the Public produce a profitable result?
The answer is based on psychology. The public loves to bet favorites and “overs”. It’s human nature to root for winners and scoring. The media, which over-hypes winning teams that score a lot of points, further inflates this human tendency. Sportsbooks understand this and shade their lines accordingly. Sportsbooks do not look to balance their books. They look to exploit sports bettors’ tendencies by shading favorites and overs.
With the difference in long-term winning and losing measured by 1-3%, continually getting an extra 0.5 to 1.0 point every time you bet an underdog or under will increase your win percentage by 1-3%. This is a measurable fact!
Every new season we update the betting percentage data and tally our earnings from betting against the public. We also reveal the latest optimal betting percentage threshold when betting against the public. Is it 65% or maybe 70%? Every sport is different so check back at the beginning of every season for an updated report.
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Future Sports Betting Strategy
Most online betting sites offer players the opportunity to bet on which team will win the World Series, NCAA National Championship, NBA Championship, Super Bowl, Stanley Cup, and other league championships. These betting options, known as future bets, open up for betting before the season begins and remain open right until the start of semi final play.
Unlike betting on a game via point spread or total, future markets have finality to their results. Pushes aren’t possible and gamblers will either lose their stake or profit.
While futures are normally bets on events to happen later in the year, they update throughout the season and postseason based on recent play. If there’s a key injury or a crushing loss or string of wins, the futures’ markets will respond. Depending on when you wager, your price on each team can be drastically different.
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Each sports betting site offers unique odds on teams winning league championships, so odds vary from site to site. To get the best odds, it’s important to shop site to site.
Sports fans make most future bets interested in backing their favorite team or player over the course of the season. Professional players avoid this wagering option due to the massive juice built into lines.
Many betting sites offer future bets with a lot of juice built in, and they can get away with extra juice simply because most bettors don’t understand how to figure out how much juice is being charged nor can they determine the pricing without juice.
To gauge the future market it is important to break the odds down at each site no matter how poor one site’s odds appear. This is because perhaps you’re shopping odds at one site with 10 percent juice, another with 20 and another with 40. The site with 40% juice has poor odds for almost every team, so a novice gambler passes them up, where a sharp gambler at least looks to see what their lines are saying. That sharp bettor does the same thing we did here in removing the juice so he can use that later in his analysis.
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Sports Betting Strategies: Teaser
Teasers, sometimes referred to as “Wong Teasers, are one the easiest bets to calculate value of, and then find +EV wagering opportunities.
What is a Teaser Bet?
A teaser is a parlay bet that uses modified point spreads.
For example in a “3-team 6-point teasers” using Jets/Colts o43, Patriots -3, and Jags +4 what you end up with is a parlay on Jets/Colts o37, Patriots +3 and Jags +10 as each spread is modified six points.
In football, the most common modification is six points. Example: this week there are three bets you like: Jets -7.5, Raiders +1.5, and Bills +5.5. Rather than betting these straight or in a parlay, you could make a three-team six point teaser bet of Jets -1.5, Raiders +7.5, Bills +11.5. To win the bet, you’ll need all three teams to cover.
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Standard Teaser Odds
Teaser odds vary from site to site. When betting six point football teasers, you want to find 2 teams -110 or better, 3 teams +180 or better, 4 teams +300 or better. Teasers use fixed payouts and therefore it’s difficult for the average sports bettor to decipher the odds on individual teams.
Even if the betting site you use offers reduced juice, such as -105 as opposed to the standard -110, if you pick randomly on straight point spread wagers you’re going to lose over the long run. The expected loss randomly picking at -110 is 4.55% and at -105 2.38%.
There are quite a few teasers that are great blind bets. The first is NFL underdogs +1.5 to +2.5 and NFL favorites -7.5 to -8.5. If you use these in 3-team 6-point teasers at +180 and manage your bankroll well, chances are you won’t lose much over the long run, and might even come out ahead.
Teaser Rules for Pushes
The rules for pushes are generally the same at each site. If a leg in a teaser pushes while any other leg is a loss, the teaser bet is graded a loss. A push and all wins reduce the same as they would in a parlay.
Advanced Teaser Strategy
A teaser bet is a parlay using a modified point spread. In order to analyze teasers strategically, we need to break the bet down to the point where we understand what odds we are paying per leg.
2 team 6 point (-110) teasers. To break even at -110 you need to win 52.38% of your bets. The formula used to calculate this is risk divided by return, where return equals stake plus win. For example, a bettor risks $110 to win $100, the return is $210, so the math here is $110 risk/$210 return=0.5238 which is 52.38%. This is how often “both” legs of a teaser must win for the bet to be break even. We need to ask ourselves “how often must each leg individually win to achieve a 52.38% win rate?” To calculate this, what we need to know is what number times itself equals 0.5238. Using a square root calculator, we find 0.7237 x 0.7237 = 0.5238. This means that each individual leg must win 72.37% of the time on average for the teaser bet to have neutral (break even) expectation. To keep from getting math intensive, I’ll simplify things and tell you to Google search “Moneyline Converter”, plug in 72.37%, and see in American odds format that this equates to a moneyline of -262.
We’ve now deciphered a two team six point teaser at -110. What we have is a two team parlay at -262 per team. The bookmaker sold us six points and charged us 152 cents (from the standard -110) for those points.
This same math can be used on other teasers as well.
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Sports Betting Math
Some mistakenly believe that mathematics and statistics are
insignificant in sports betting. The truth is that just like in casino
games, the effectiveness of a sports betting system to generate profits depends strictly on mathematics.
All gambling is mathematics, even games of chance. If you understand the math behind the game, you understand the game and can give yourself an advantage.
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Depending on your favorite sport, you may need to think about things like bye weeks, underdogs, quarterback ratings, and injuries with the same fervor other connoisseurs reserve for fancy winces.
If you see the wagering board, you might think what are those funny numbers on it. It looks like this:
428 Cowboys +175
429 Redskins -4 -200 38
Some of this is easy enough to read. The Redskins -4 means the Redskins are favored to win and must do so by at least 5 points for a bet on the ‘Skins to pay out. The next number (-200) is the moneyline, in this case the Redskins are a 2/1 favorite. The last number (38) is the total, the over/under of the expected number of points scored in the game.
Look at that over/under number. If you think this is going to be a particularly high or low scoring game, based on your knowledge of the teams, or information about a hurt player or bad playing conditions, you can place a wager on the total of points scored.
So how do you know how to literally lay down a sports bet? You need to know three things:
If you place two $100 bets, and you win, you’ll collect $440. You should consider leaving a tip around five percent of your winnings.
Going back to the topic of mathematics in betting, coming out a winner in sports betting depends on a very simple equation.
Y= X*Z, where X is the average odds of betting and Z is the success rate of predictions. If the product (Y) is greater than 1, you will be a winner in sports betting in the long run. Otherwise, the smaller than 1 the quicker you lose your capital.
In the example above, we saw that X equals to 2.00 and Z to 0.45 (45 percent). Thus, in order Y to become larger than 1, either X or Z should increase. This means we should choose higher odds than 2.00 or increase the success rate of our forecasts.
So there are two solutions:
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All gambling is mathematics, even games of chance. If you understand the math behind the game, you understand the game and can give yourself an advantage.
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Depending on your favorite sport, you may need to think about things like bye weeks, underdogs, quarterback ratings, and injuries with the same fervor other connoisseurs reserve for fancy winces.
If you see the wagering board, you might think what are those funny numbers on it. It looks like this:
428 Cowboys +175
429 Redskins -4 -200 38
Some of this is easy enough to read. The Redskins -4 means the Redskins are favored to win and must do so by at least 5 points for a bet on the ‘Skins to pay out. The next number (-200) is the moneyline, in this case the Redskins are a 2/1 favorite. The last number (38) is the total, the over/under of the expected number of points scored in the game.
Look at that over/under number. If you think this is going to be a particularly high or low scoring game, based on your knowledge of the teams, or information about a hurt player or bad playing conditions, you can place a wager on the total of points scored.
So how do you know how to literally lay down a sports bet? You need to know three things:
- The type of bet you want to make
- The number of the corresponding team you have chosen and
- The amount you wish to wager
If you place two $100 bets, and you win, you’ll collect $440. You should consider leaving a tip around five percent of your winnings.
Going back to the topic of mathematics in betting, coming out a winner in sports betting depends on a very simple equation.
Y= X*Z, where X is the average odds of betting and Z is the success rate of predictions. If the product (Y) is greater than 1, you will be a winner in sports betting in the long run. Otherwise, the smaller than 1 the quicker you lose your capital.
In the example above, we saw that X equals to 2.00 and Z to 0.45 (45 percent). Thus, in order Y to become larger than 1, either X or Z should increase. This means we should choose higher odds than 2.00 or increase the success rate of our forecasts.
So there are two solutions:
- to stick to the same method of picking our bets looking, however, forbetter odds; or
- to improve our betting system’swinning probability.
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How To Win At Sports Betting
A lot of people think that you cannot win at sports betting. The fact is that sports betting is one of the very few forms of gambling that you can win at. The others are horse racing, and poker.
Making money betting on sports can be tough, but there are a lot of sports bettors who consistently win, and there are even a lot of professional bettors who make a good living off of sports betting.
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The number one mistake that losing sports bettors make is not properly considering the odds which they’re being offered. When deciding on their bets, they simply try to work out who is going to win, and then bet on that team regardless of the odds on offer. The vast majority of people don’t understand the concept of ‘value’ when it comes to sports betting and don’t pay enough attention to getting the best odds.
How do you go about finding good value bets? The first step is to convert the odds on offer into implied probability. If you’re being offered 2/1, simply put the bottom number over the sum of the top and bottom numbers and convert this to a percentage to get the implied probability.
The last thing you need to master if you want to win at sports betting is coming up with the probabilities which you need to compare with the odds the bookmakers are offering. The only way to do this is through hard work and research.
If you want to be a winning sports bettor, you’re usually better off sticking to one or two sports and studying them in detail. This gives you the best chance to gain an edge over the bookmakers and make some money.
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martes, 23 de febrero de 2016
HOW TO BET ON SPORTS: NBA
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In the United States, the NBA is the 2nd most popular sport to bet on, behind NFL football.
If you are betting on basketball for the first time, chances are you will be interested in learning more about betting options . A wide range of options exist for bettors looking to wager on NBA basketball, the three most popular bets are on the point spread, money line, and total score of a game. The point spread is the most popular of the three, but a lot of punters look for added value in money line bets.
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NBA Point Spread Betting
A point spread is a handicap given to teams in order to even out the betting. Underdogs are given points, while favorites have to give up points. Using the spread, punters can get in the range of -110 odds on most NBA games.
Money Line Bets
Money line wagers are straight-up bets on the winner of the game, with no point spread. If you think Team X will win, bet on Team X. If you think Team Y will win, bet on Team Y. Since no point spread is used, odds are adjusted to reflect the favorite and underdog. Favorites are indicated with a negative (-) money line, while underdogs are indicated with a positive (+) money line.
Total (Over/Under) Bets
otals bets are wagers on the combined score of both teams in a game. For example, a score of 100-90 would have a total of 190. Online NBA betting sites set a number on what they think the total will be, and a punters job is to determine if that number is too high or too low.
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SPORTS BETTING GLOSSARY M-O
Sports Betting Glossary M-O
Middle
Is placing wagers on opposite teams with advantageous point spreads.
Money Line
Is used for betting on the winner of a contest where the point spread cannot be used, such as boxing, or is not used, with the bettor needing only to pick the winner, regardless of the margin of victory.
Odds
Refer to the various point spreads or money lines on any given contest.
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Oddsmaker
Is a person who creates odds on sporting events, but does not accept wagers.
Off the Board
Refers to a game that no wagers are being accepted on.
Off the Board
Refers to the initial point spread or money line offered by the sportsbook to bettors.
Online Sportsbook
Refers to a company that accepts sports bets over the Internet.
Over
Means to exceed the posted over/under (total) on a particular sporting event.
Over/Under
over/under” is a bet that is won or lost depending upon the combined score of both teams in a contest.
You can also check :
Sports Gambling Glossary: A – CSports Gambling Glossary: D – FSports Gambling Glossary: G – ISports Gambling Glossary: J – LSports Gambling Glossary: M – OSports Gambling Glossary: P – RSports Gambling Glossary: S – USports Gambling Glossary: W – Z
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HOW TO BET ON SPORTS: COLLEGE FOOTBALL
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The college game is a completely different from its NFL counterpart, providing bettors with a greater slate of games throughout the week, including 30+ matchups on Saturday alone.
Online sports betting has been developed in big industry. Online bookmakers can save you a lot of time, since you do not need to go to local bookmaker and place a bet. Now you can place a bet at any time of day and night without leaving the Privacy of your own home..
There are many ways to bet on college football games.
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Spread Bets
The spread is a type of bet that equalizes the chance of winning a wager. The spread, or line, for college football is generally released days in advance of the game. An underdog team’s spread will be accompanied with a “+”, while a “-” indicates a team that is favored.
Moneyline
A Moneyline (ML) takes the spread out of the equation as bettors simply pick who they think will win the game. Different odds placed next to each team will quantify the payout of betting on either team.
Totals
Your betting on the total points scored by both teams.
Parlay/Teasers
A parlay is spread, moneyline, or total bet in combination to increase the payout. In order for a parlay to payout, or hit, EACH one of the wagers must win.
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SPORTS BETTING GLOSSARY P-R
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Sports Betting Glossary P-R
Parlay
Is a combination of two or more wagers that a bettor links together and all of them must win for the gambler to win their parlay bet.
Parlay Card
Means a bet on two or more teams (or totals) where all of the games must win in order for the bettor to win the wager.
Past Post
Means to place a wager after a game has started and is frequently used when the game is finished.
Pick
Refers to a game in which neither team is the favorite.
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Press
Means to start wagering more money than usual, generally in an attept to recoup previous losses.
Point Spread
Refers a handicap that is placed on the superior team in term of points for gambling purposes.
Price
Refers to the odds on a particular outcome happening. It can refer to an individual game, a series, or the entire season.
Prop Bets
Refers to wagers that have nothing to do with who wins or loses the game.
Puck Line
Refers to a hockey bet in which the bettor can either take the favorite -1.5 goals or take the underdog +1.5 goals.
Puppy
Is another name for an underdog; the team that is expected to lose and receives points when bet on using the point spread or favorable odds when wagering with the money line.
Push
Refers to a wager that ends up as a tie after the points spread is factored in.
Revenge
Is the term used when one team has lost its most recent game against the opponent it is now playing.
Reverse
Refers to two separate if bets using the same two teams.
Rundown
Means a list of all the day’s games and the odds on the games.
Run Line
Refers to a baseball bet in which the bettor can either take the favorite -1.5 runs or take the underdog +1.5 runs.
You can also check :
Sports Gambling Glossary: A – CSports Gambling Glossary: D – FSports Gambling Glossary: G – ISports Gambling Glossary: J – LSports Gambling Glossary: M – OSports Gambling Glossary: P – RSports Gambling Glossary: S – USports Gambling Glossary: W – Z
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HOW TO BET ON SPORTS: BASEBALL
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During the summer months baseball takes center stage, offering sports bettors a variety of unique wagering opportunities. And baseball lines are available daily, allowing both novice and hardcore sports betting fans to get in on the action with moneylines, totals, runlines, and futures
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Moneylines
Moneyline means you are betting who will win the baseball game Straight Up (SU) without a point spread. The team that wins the game wins the wager. The team with the negative sign (i.e. Philadelphia -115) is usually the favorite.
New York Yankees -150
Boston Red Sox +140
Totals
Total The Total betting line is also referred to the Over/Under Total and in this example it is 8½ O -120. For you to win your wager the Total runs from both teams would have to be 9 runs or more. The payout odds of -120 odds means that for every $120 bet pays out $100.
New York Yankees/Boston Red Sox Over 9.5 (-110)
New York Yankees/Boston Red Sox Under 9.5 (-110)
Runlines
Run Line (RL) The Run Line in baseball is equivalent to the point spread in football and is always set at -1.5 or +1.5. You win the wager by covering the spread – or + the spread.
Team Moneyline Runline
New York Yankees -150 -1.5 (-110)
Boston Red Sox +140 +1.5 (+100)
Futures
Baseball Future Odds Baseball and MLB Future odds are odds on a future event and not a specific game.
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SPORTS BETTING GLOSSARY S-U
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Sports Betting Glossary S-U
Sharp
Refers to an intelligent sports bettor.
Shill
Refers to a person who promotes a sport service or sportsbook for compensation without acknowledging the fact.
Smart Money
Refers to the money wagered by intelligent bettors.
Sportsbook
Refers to an establishment that accepts wagers on sporting events.
Square
Refers to an naive bettor, who will typically lose money over the course of a season.
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Steam
Refers to a sudden rush of money all coming in on one team or total.
Stiff
Refers to a bettor who does not pay their debts.
Straight Up
Refers to the winner of a game without regard to the point spread.
Syndicate
Refers to a collection of gamblers who pool all of their efforts together in an attempt to beat the sportsbooks.
Systems
Refers to specific formulas used to determine a team to bet on in a sporting event.
Teaser
Is a wager that consists of at least two football or basketball teams and all teams must cover the point spread for the bettor to win.
Total
Is a betting opportunity that is won or lost depending upon the combined score of both teams in a contest.
Trends
Refer to specific situations and how teams respond for betting purposes in those situations.
Under
Refers going under the total (over/under) of a particular game.
Underdog
Means the person, or team, expected to lose an event.
Upset
Refers the underdog defeating the favorite.
You can also check :
Sports Gambling Glossary: A – CSports Gambling Glossary: D – FSports Gambling Glossary: G – ISports Gambling Glossary: J – LSports Gambling Glossary: M – OSports Gambling Glossary: P – RSports Gambling Glossary: S – USports Gambling Glossary: W – Z
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HOW TO BET ON SPORTS: SOCCER
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Betting on soccer can be fun when you find the right soccer betting or football system which allows you to make money on sports betting.
Internationally, soccer is one of the most bet on sports out there today. With leagues that run all around the world, and international soccer being followed year round; there are almost always soccer games to bet on. With all of the soccer games to bet on out there, you know that there are also an incredible amount of betting options.
From College Football, Casino Betting, Racebook Gambling, WagerWeb offers you the online gambling option.
Soccer is a widely-bet sport worldwide and there are a number of different ways to bet an individual game.
Betting the 3-way Moneyline:
In most competitions, draws may be the final result of the game, so there are 3 different outcomes to bet on between Team A and Team B:
Team A wins
Team B wins
Team A and Team B draw
Soccer bets are based on results after 90 minutes of play or, ‘Regular Time’, which includes any time added by the referee in respect of injuries and other stoppages.
An example of what a 3-way moneyline would look like is:
France -129
Switzerland +325
Draw +250
Betting the 2-way Moneyline without the Draw:
Also known as “Draw, No Bet” This is betting on the outcome of the game without the Draw. The two possible wagers are:
Team A wins
Team B wins
This form of betting eliminates the option of the Draw, and will likely have inflated odds on the favorite and deflated odds on the underdog to win the match since a draw results in no bet.
Betting Goal Lines:
The Goal Line is a way for bettors to win a bet on multiple outcomes of the game. A Goal Line is typically 0.5 goals but for games with big favorites, the Goal Line may be 1,1.5, 2, 2.5, 3 and so on.
Betting Totals:
Totals in soccer work differently than other sports and can be shown in multiples of .25 goals. Since scoring is minimal in soccer, bookmakers will often times set a Total of 2.25 or 2.75.
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Sports Betting Glossary G-I
Gamble
means to risk money, or anything of value, on the outcome of a sporting event.
Halftime Bet
means to place a bet at halftime of a game against a new point spread posted by the bookmakers.
Handicap
means to analyze an event for gambling purposes.
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Handicapper
is a person who studies sporting events for gambling purposes
Handle
means the total amount of money wagered on an event.
Hook
means a half-point, so that “three-and-a-hook” would be the same as “three-and-a-half” or “3.5” points.
If Bet
means a wager that is placed only if a certain outcome of a separate wager occurs.
You can also check :
Sports Gambling Glossary: A – CSports Gambling Glossary: D – FSports Gambling Glossary: G – ISports Gambling Glossary: J – LSports Gambling Glossary: M – OSports Gambling Glossary: P – RSports Gambling Glossary: S – USports Gambling Glossary: W – Z
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lunes, 22 de febrero de 2016
How to Bet on Sports: Soccer
Betting on soccer can be fun when you find the right soccer betting or football system which allows you to make money on sports betting.
Internationally, soccer is one of the most bet on sports out there today. With leagues that run all around the world, and international soccer being followed year round; there are almost always soccer games to bet on. With all of the soccer games to bet on out there, you know that there are also an incredible amount of betting options.
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Soccer is a widely-bet sport worldwide and there are a number of different ways to bet an individual game.
Betting the 3-way Moneyline:
In most competitions, draws may be the final result of the game, so there are 3 different outcomes to bet on between Team A and Team B:
Team A wins
Team B wins
Team A and Team B draw
Soccer bets are based on results after 90 minutes of play or, ‘Regular Time’, which includes any time added by the referee in respect of injuries and other stoppages.
An example of what a 3-way moneyline would look like is:
France -129
Switzerland +325
Draw +250
Betting the 2-way Moneyline without the Draw:
Also known as “Draw, No Bet” This is betting on the outcome of the game without the Draw. The two possible wagers are:
Team A wins
Team B wins
This form of betting eliminates the option of the Draw, and will likely have inflated odds on the favorite and deflated odds on the underdog to win the match since a draw results in no bet.
Betting Goal Lines:
The Goal Line is a way for bettors to win a bet on multiple outcomes of the game. A Goal Line is typically 0.5 goals but for games with big favorites, the Goal Line may be 1,1.5, 2, 2.5, 3 and so on.
Betting Totals:
Totals in soccer work differently than other sports and can be shown in multiples of .25 goals. Since scoring is minimal in soccer, bookmakers will often times set a Total of 2.25 or 2.75.
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How to Bet on Sports: NFL
NFL is becoming more and more popular outside of the US, and with more regular season games planned on UK soil over the next few years, betting on the NFL is set to become more prominent.
There are three basic NFL bets. In North America these bets are called the Money Line, Handicap and Total Points markets.
There are a number of ways that you can bet on a football game. Some offer low risk with low payouts while others offer high risk with high payouts.
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Spread Betting
NFL wagering is dictated by the point spread. The spread, or line, is a type of side bet that equalizes the chance of winning a wager. The line offered for any given team will be accompanied with a – or + symbol to indicate whether a team is a favorite or an underdog.
Moneyline
Moneyline (ML) bets can be very profitable when betting on the underdog. A moneyline wager is one that is placed on either the favorite or the underdog to win straight up.
Quarter and 1st Half Lines
The quarter spread is used to determine who will be the winner at the end of the 1st quarter. The same is true for a 1st half line, only the wager ends when the first two quarters are completed. Generally, the 1st half spread will be close to half of the overall spread on the game.
Halftime Lines
There are also in-game bets being placed DURING halftime, to determine the outcome of the second half, known as the halftime, or 2nd half, line. The 2nd half line accounts for what happened in the first half to help determine how the rest of the game will play out.
Totals or Over/Under
The bettor wagers on whether the TOTAL points scored in a game will fall over or under a pre-determined number set by the sportsbook. Much like the point spread, game totals can be swayed by public opinion.
Parlays/Teasers
Parlays are wagers placed in combination with the spread, moneyline, and totals to increase the payout. A parlay is only a winner when ALL individual plays hit. A teaser is the same as parlay, except you put points down in your favor to help the bet come to fruition.
Futures
Futures bets are exactly what they sound like, a wager placed on an event that will occur in the future.
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How to Bet on Sports: NBA
How to Bet on Sports: NBA
In the United States, the NBA is the 2nd most popular sport to bet on, behind NFL football.
If you are betting on basketball for the first time, chances are you will be interested in learning more about betting options . A wide range of options exist for bettors looking to wager on NBA basketball, the three most popular bets are on the point spread, money line, and total score of a game. The point spread is the most popular of the three, but a lot of punters look for added value in money line bets.
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NBA Point Spread Betting
A point spread is a handicap given to teams in order to even out the betting. Underdogs are given points, while favorites have to give up points. Using the spread, punters can get in the range of -110 odds on most NBA games.
Money Line Bets
Money line wagers are straight-up bets on the winner of the game, with no point spread. If you think Team X will win, bet on Team X. If you think Team Y will win, bet on Team Y. Since no point spread is used, odds are adjusted to reflect the favorite and underdog. Favorites are indicated with a negative (-) money line, while underdogs are indicated with a positive (+) money line.
Total (Over/Under) Bets
otals bets are wagers on the combined score of both teams in a game. For example, a score of 100-90 would have a total of 190. Online NBA betting sites set a number on what they think the total will be, and a punters job is to determine if that number is too high or too low.
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How to Bet on Sports: College Football
The college game is a completely different from its NFL counterpart, providing bettors with a greater slate of games throughout the week, including 30+ matchups on Saturday alone.
Online sports betting has been developed in big industry. Online bookmakers can save you a lot of time, since you do not need to go to local bookmaker and place a bet. Now you can place a bet at any time of day and night without leaving the Privacy of your own home..
There are many ways to bet on college football games.
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Spread Bets
The spread is a type of bet that equalizes the chance of winning a wager. The spread, or line, for college football is generally released days in advance of the game. An underdog team’s spread will be accompanied with a “+”, while a “-” indicates a team that is favored.
Moneyline
A Moneyline (ML) takes the spread out of the equation as bettors simply pick who they think will win the game. Different odds placed next to each team will quantify the payout of betting on either team.
Totals
Your betting on the total points scored by both teams.
Parlay/Teasers
A parlay is spread, moneyline, or total bet in combination to increase the payout. In order for a parlay to payout, or hit, EACH one of the wagers must win.
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Categories: Live Betting, Sports
How to Bet on Sports: Baseball
During the summer months baseball takes center stage, offering sports bettors a variety of unique wagering opportunities. And baseball lines are available daily, allowing both novice and hardcore sports betting fans to get in on the action with moneylines, totals, runlines, and futures
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Moneylines
Moneyline means you are betting who will win the baseball game Straight Up (SU) without a point spread. The team that wins the game wins the wager. The team with the negative sign (i.e. Philadelphia -115) is usually the favorite.
New York Yankees -150
Boston Red Sox +140
Totals
Total The Total betting line is also referred to the Over/Under Total and in this example it is 8½ O -120. For you to win your wager the Total runs from both teams would have to be 9 runs or more. The payout odds of -120 odds means that for every $120 bet pays out $100
New York Yankees/Boston Red Sox Over 9.5 (-110)
New York Yankees/Boston Red Sox Under 9.5 (-110)
Runlines
Run Line (RL) The Run Line in baseball is equivalent to the point spread in football and is always set at -1.5 or +1.5. You win the wager by covering the spread – or + the spread.
Team Moneyline Runline
New York Yankees -150 -1.5 (-110)
Boston Red Sox +140 +1.5 (+100)
Futures
Baseball Future Odds Baseball and MLB Future odds are odds on a future event and not a specific game.
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Categories: Casino, Live Betting, Sports
martes, 16 de febrero de 2016
Sports Betting Glossary G-I
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Sports Betting Glossary G-I
Gamble
means to risk money, or anything of value, on the outcome of a sporting event.
Halftime Bet
means to place a bet at halftime of a game against a new point spread posted by the bookmakers.
Handicap
means to analyze an event for gambling purposes.
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Handicapper
is a person who studies sporting events for gambling purposes
Handle
means the total amount of money wagered on an event.
Hook
means a half-point, so that “three-and-a-hook” would be the same as “three-and-a-half” or “3.5” points.
If Bet
means a wager that is placed only if a certain outcome of a separate wager occurs.
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HOW TO BET ON SPORTS: SOCCER
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Betting on soccer can be fun when you find the right soccer betting or football system which allows you to make money on sports betting.
Internationally, soccer is one of the most bet on sports out there today. With leagues that run all around the world, and international soccer being followed year round; there are almost always soccer games to bet on. With all of the soccer games to bet on out there, you know that there are also an incredible amount of betting options.
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Soccer is a widely-bet sport worldwide and there are a number of different ways to bet an individual game.
Betting the 3-way Moneyline:
In most competitions, draws may be the final result of the game, so there are 3 different outcomes to bet on between Team A and Team B:
Team A wins
Team B wins
Team A and Team B draw
Soccer bets are based on results after 90 minutes of play or, ‘Regular Time’, which includes any time added by the referee in respect of injuries and other stoppages.
An example of what a 3-way moneyline would look like is:
France -129
Switzerland +325
Draw +250
Betting the 2-way Moneyline without the Draw:
Also known as “Draw, No Bet” This is betting on the outcome of the game without the Draw. The two possible wagers are:
Team A wins
Team B wins
This form of betting eliminates the option of the Draw, and will likely have inflated odds on the favorite and deflated odds on the underdog to win the match since a draw results in no bet.
Betting Goal Lines:
The Goal Line is a way for bettors to win a bet on multiple outcomes of the game. A Goal Line is typically 0.5 goals but for games with big favorites, the Goal Line may be 1,1.5, 2, 2.5, 3 and so on.
Betting Totals:
Totals in soccer work differently than other sports and can be shown in multiples of .25 goals. Since scoring is minimal in soccer, bookmakers will often times set a Total of 2.25 or 2.75.
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HOW TO SPORTS BETTING
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Making money betting on sports can be tough, but there are a lot of sports bettors who consistently win, and there are even a lot of professional bettors who make a good living off of sports betting.
There are a couple of basic sports betting strategies or tips you will want to understand and follow. None of these sports betting strategies are secrets by any means, but following them will help you win money betting on sports.
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Money Management / Bankroll Management
Setting aside a specific amount of money, known as your “bankroll”, will help keep your gambling on-budget.
Bet in Your Right Mind
Betting when you’re in your right mind means ignoring your emotions and wagering only when you are sober and in a good mood.
Do the Homework
Researching before you place a bet means handicapping teams as well as shopping for the best lines
Line Shopping
Opening accounts at multiple online sportsbooks is a winning strategy – different books have different lines and odds, and membership at a variety of these sites gives you the chance to find the best line and lay your money on those odds.
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Sports Betting Glossary D-F
Dime
Is equal to $1,000.
Dime Line
Means the difference between the favorite and the underdog on the money line is 10 cents
Dog
Means the team, or individual expected to lose the event.
Early Money
Refers to wagers that come in as soon as the betting lines are made available to the public to wager on.
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Edge
Means an advantage against the bookmakers.
Even Money
Means an advantage against the bookmakers.
Exotic
Means non-traditional bets, such as parlays, teasers, or round-robins.
Fade
Means to wager against the bets of a particular person or sports service by taking the opposite side.
Favorite
means the team, or individual, that is expected to win a particular event.
First Half Bet
Means to place a wager that will have the outcome decided on the basis of the halftime score.
Franklin
Means $100.
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Sports Betting Glossary A-C
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Sports Betting Glossary A-C
Action
Means to have a bet.
Angles
Refer to trends regarding teams and how often they cover the point spread in particular situation
AOPR
Is a handicapping term that stands for average opponent power rating, which is a number, that gauges how difficult the opposition of a particular team has been.
ATS
Means against the spread, generally referring to how a team fared against the point spread.
Bad Beat
Means a gambling loss that is difficult to swallow
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Beard
Means somebody who places bets for another person to conceal the actual bettor’s identity.
Bet
Means to risk money, or anything of value, on the outcome of a sporting event.
Bet Limit
Means the amount of money a bookmaker will accept on a particular wager.
Bookie
“Bookie” refers to a person who accepts wagers on sporting events
Bookmaker
Means somebody who accepts wagers on sporting events
Buck
“Buck” means $100.
Chalk
Means the team, or individual, that is predicted to win a particular event.
Circled
Means a game that has reduced betting limits, usually due to injuries, suspensions, or poor weather.
Cover
Refers to the team that wins against the point spread.
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HOW TO BET ON A SPORTSBOOK
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Betting real money on sports is one of the world’s favorite pastimes. The reason sports betting is so popular is because it makes watching sports more exciting, and it can also be lucrative for those who take the time to learn about odds, picking winners, line shopping and how to use online bonuses profitably.
You have 3 options for betting money on sports – take a trip to one of the Las Vegas sportsbooks, find a local bookie, or sign up at an online sportsbook. Of the three options, online betting sites are definitely the easiest and most convenient way to bet money on sports.
From Sportsbook, Casino Betting, Racebook Gambling, WagerWeb offers you the online gamblingoption.
Three of most popular forms of wagers are moneyline, point spreads and totals (over/under).
Moneyline Bets
A money line bet is a wager on which team will win a game and is the most popular way to bet on hockey and baseball, but does exists also for basketball, football and other sports.
Point Spread Bets
Point spread betting is said to have been invented in the 1940’s by Charles K. McNeil of Chicago. He was a math professor who used it in his own bookmaking operation.
Whether or not this true is irrelevant; today point spread betting is the most popular way to wager on America’s two most frequently wagered upon sports, football and basketball.
The basic idea behind a point spread is in order to make the game closer to a 50/50 proposition a handicap is added.
Totals – Over/Under Bets
Here you’re wagering on whether the total number of points scored by both teams will be over or under the posted betting total.
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lunes, 15 de febrero de 2016
How to bet on Heritage Sports
HERITAGE SPORTS has always considered common
sense and good judgment in assessing all client interactions, questions and
claims. We have included the following rules for consideration and as a guide
to decision making.
1. In
this section you will find information on our policies and the conditions for
wagering online or by telephone. By registering and wagering you indicate your
full acceptance and understanding of all of these rules. If you have any
questions concerning our policies and the conditions for wagering, please contact
our Customer Service department.
2. All transactions and wagers are to be considered originating from and governed by the laws of Costa Rica. Any person residing in the Country of Costa Rica is prohibited from becoming a member of HERITAGE SPORTS.
3. Laws regarding gaming vary throughout the world. Gambling may be unlawful in some jurisdictions, and it is the responsibility of members to ensure that they understand and comply fully with any laws or regulations relevant to themselves in their own Country. All members of HERITAGE SPORTS must be at least 18 years of age.
4. HERITAGE SPORTS reserves the right to void any transactions made by a minor
2. All transactions and wagers are to be considered originating from and governed by the laws of Costa Rica. Any person residing in the Country of Costa Rica is prohibited from becoming a member of HERITAGE SPORTS.
3. Laws regarding gaming vary throughout the world. Gambling may be unlawful in some jurisdictions, and it is the responsibility of members to ensure that they understand and comply fully with any laws or regulations relevant to themselves in their own Country. All members of HERITAGE SPORTS must be at least 18 years of age.
4. HERITAGE SPORTS reserves the right to void any transactions made by a minor
5. HERITAGE
SPORTS does not report any winnings or losses to any government agency. It is
the responsibility of members to report any wagering income to the appropriate
governmental agencies. It is the responsibility of each member to pay any
applicable taxes. HERITAGE SPORTS does not withhold taxes.
6. All members of HERITAGE SPORTS must acknowledge and agree that all wagers placed via the telephone are saved on an audio recording system. In case of disputes, the recording will be played and the wager as confirmed on the recording will be deemed as final. All online transactions will be saved onto a file and the file will be saved on a back-up system. In all cases of dispute, both management and the player agree that the backed-up file shall serve as the final authority in the dispute and all wagers will be adjusted accordingly. Claims must be submitted within 24 hours from the time the wager was made.
7. HERITAGE SPORTS reserves the right to request valid documentation from a customer to confirm their identity. Clients opening an account with HERITAGE SPORTS agree to provide the necessary documents: valid ID and copy of a utility bill with the client’s name for proof of address. The identification document must be a government issued ID (Copy of driver’s license, state ID or passport). Failure to supply this information may cause the suspension of the account and may affect the release of funds. All accounts must have a correct contact phone number and email address listed in their account information. Use of invalid contact information may lead to possible forfeiture of any/all winnings and bonuses.
8. Only one account is allowed per name, household, or IP address. HERITAGE SPORTS reserves the right to charge a "Multiple Account Fine" for each additional account when any customer opens more than one account. Violators also risk the forfeiture of the funds in these multiple accounts.
9. HERITAGE SPORTS reserves the right at any time to adjust or refuse any wager or transaction, in the interest of correcting a human or technical error, or any fraudulent intent of the member as interpreted by HERITAGE SPORTS.
10. HERITAGE SPORTS reserves the right to adjust the limits and/or suspend wagering privileges on any individual account without prior written or verbal notice.
11. Any accounts that have been suspended or cancelled by HERITAGE SPORTS must have prior management approval to reactivate their account. If it is determined that a previously banned player has opened an additional account or gains access to another account through false or misleading information, that party risks forfeiture of all funds.
12. All accounts inactive after 365 days are deemed closed and account balances are forfeited.
13. Any customer that is to be deemed betting as part of a syndicate or betting group risks account closure and forfeiture of all account winnings.
14. HERITAGE SPORTS reserves the right to close a client's account at any time without prior notification and/or further explanation.
15. HERITAGE SPORTS requires all funds to be posted prior to any wagering. Furthermore, no credit may be issued by any employee of HERITAGE SPORTS. It is the responsibility of the client to maintain sufficient funds to place any wager(s). All account balances and transactions are in U.S. Dollars.
16. Each client is responsible for maintaining the secrecy of his/her betting account number and password, and should make every effort to prevent the use of his/her personal account number, and password by any third party. Any transactions entered with the account holder's account number and password will be considered an official transaction. If a client suspects a third party may have his/her account number and password, the client must contact HERITAGE SPORTS and change his/her password. Upon signup, each client is required to submit a secondary password used for account changes and withdrawals. This secondary password must be used to change a wagering password or request a withdrawal or transfer of funds from his/her account. Should a member give away, share or lose his or her account number and/or password, HERITAGE SPORTS will not be held liable for any claims regarding that account.
17. Accounts with aggregate winnings of more than $5,000 are considered to be playing on 'house money'. Customers deemed to be playing with 'house money' may not be eligible for special promotions or perks provided by HERITAGE SPORTS.
18. All new accounts are subject to a period of review, and during this time, they may not be eligible to participate in specific promotions offered by HERITAGE SPORTS.
19. All accounts must have a correct contact phone number, email address and physical address listed in their account information. If there is a change of address, please notify HERITAGE SPORTS within 30 days and provide an ID or utility bill with the new address. Use of invalid information is grounds for possible forfeiture of any or all winnings and bonuses.
20. HERITAGE SPORTS reserves the right to ask customers to provide a valid proof of identification. Clients opening an account with HERITAGE SPORTS agree to provide, on demand, necessary documents. Identification may be government issued picture ID (Copy of driver’s license, state ID or passport) and a copy of a utility bill with the client's name for proof of address.
21. Internet wagers must be placed through the user interface provided by HERITAGE SPORTS. Any internet wagering through other means, including the use of a 'robot' player or by manipulation of our systems, is strictly forbidden. If it is deemed that a robot was utilized or the use of non-approved client software is detected, the offending party risks forfeiture of funds and Management reserves the right to invalidate all such wagers retroactively, cancel the player's account, or take any other appropriate action. HERITAGE SPORTS will employ the services of a 3rd party provider to make a determination where foul play is suspected.
22. If a player believes that HERITAGE SPORTS has posted an erroneous line or schedule, the player should notify HERITAGE SPORTS immediately to verify if the line and/or schedule are correct.
23. Immediately upon discovery, wagers placed on an event with an obviously mistaken line resulting from human or technical error will be graded as “No Action”. If a wager with an erroneous line is not voided before the event begins, HERITAGE SPORTS reserves the right to remedy the odds to a fair market price which would have been available at the time the wager was placed. This price adjustment may be applied during or after an event.
24. A bet made after an event begins, based on occurrences that have developed while in-play, is considered a 'past-post' and therefore invalid. The same applies for all horse bets, as they must be placed before post time or else are invalid. This also applies for all regular games and any live wagering events. All events intended for in-play offering will be noted as such on the wagering option.
25. HERITAGE SPORTS reserves the right to reverse the incorrect application of funds into an account due to human or system/software error. Additional funds that were not intended to be credited into a customer's account will be reverted upon discovery of the inaccuracy. Any additional earnings from those funds are subject to voiding/forfeiture.
26. At HERITAGE SPORTS, we strive to treat our clients with the respect and courtesy they deserve. We also require that our clients reciprocate the gesture to our employees. Any abusive language or treatment via phone, chat or email will cause immediate termination of the Heritage account and all remaining funds will be refunded to the account holder.
27. We reserve the right to limit the number of times a client may participate in a promotion. Identity of participants will be determined on the basis of all or any combination of the following: Name, mailing address, email address, IP address, credit or debit card number and any forms of identification which may be required.
28. HERITAGE SPORTS has designed its services to protect customer privacy and maintain confidentiality.
29. All transactions are processed in highly secure 128 bit encryption.
30. Time Changes and Injury Reports are unofficial and subject to changes. It is a member's responsibility to question and clarify any event not covered or rules he/she does not understand prior to placing any wagers.
31. Any wagers deemed as correlated may be voided at HERITAGE SPORTS’ discretion. Examples of correlated wagers are but not limited to the following: - Team total to a team total in the same game. Includes all quarters and halves in the game. - Team total to a run line, money line or total in the same game. - Any side or run line/puck line of a quarter, half or game to another side of the same game in a Parlay or any type of If bet.
32. Regardless of the published header, all games and events will have action as long as the two teams/sides are correct. A game/match will also keep action regardless of the ‘League Heading’ and/or ‘League Offering’ that is associated with the matchup. For example, two teams from the same league playing for a Cup; if the matchup is mistakenly placed in the League Offering, the game/match will still have action, as long as the matchup is correct.
33. Information Required. If you choose to register an Account you will be required to provide your full name, address, date of birth, email address and telephone number. If your identity cannot be validated, you may be required to submit additional information or documentation. You will also be required to answer one or more security questions, after which you will be sent a confirmatory email. You may also be required to update the information or data or to provide additional items as part of on-going efforts to prevent illegal and fraudulent activities, and/or to comply with our Anti-Money Laundering policies and protocols.
34. On Odds to win and Multiprops wagering, when 2 or more competitors tie in first place, dead heat rule will apply.
6. All members of HERITAGE SPORTS must acknowledge and agree that all wagers placed via the telephone are saved on an audio recording system. In case of disputes, the recording will be played and the wager as confirmed on the recording will be deemed as final. All online transactions will be saved onto a file and the file will be saved on a back-up system. In all cases of dispute, both management and the player agree that the backed-up file shall serve as the final authority in the dispute and all wagers will be adjusted accordingly. Claims must be submitted within 24 hours from the time the wager was made.
7. HERITAGE SPORTS reserves the right to request valid documentation from a customer to confirm their identity. Clients opening an account with HERITAGE SPORTS agree to provide the necessary documents: valid ID and copy of a utility bill with the client’s name for proof of address. The identification document must be a government issued ID (Copy of driver’s license, state ID or passport). Failure to supply this information may cause the suspension of the account and may affect the release of funds. All accounts must have a correct contact phone number and email address listed in their account information. Use of invalid contact information may lead to possible forfeiture of any/all winnings and bonuses.
8. Only one account is allowed per name, household, or IP address. HERITAGE SPORTS reserves the right to charge a "Multiple Account Fine" for each additional account when any customer opens more than one account. Violators also risk the forfeiture of the funds in these multiple accounts.
9. HERITAGE SPORTS reserves the right at any time to adjust or refuse any wager or transaction, in the interest of correcting a human or technical error, or any fraudulent intent of the member as interpreted by HERITAGE SPORTS.
10. HERITAGE SPORTS reserves the right to adjust the limits and/or suspend wagering privileges on any individual account without prior written or verbal notice.
11. Any accounts that have been suspended or cancelled by HERITAGE SPORTS must have prior management approval to reactivate their account. If it is determined that a previously banned player has opened an additional account or gains access to another account through false or misleading information, that party risks forfeiture of all funds.
12. All accounts inactive after 365 days are deemed closed and account balances are forfeited.
13. Any customer that is to be deemed betting as part of a syndicate or betting group risks account closure and forfeiture of all account winnings.
14. HERITAGE SPORTS reserves the right to close a client's account at any time without prior notification and/or further explanation.
15. HERITAGE SPORTS requires all funds to be posted prior to any wagering. Furthermore, no credit may be issued by any employee of HERITAGE SPORTS. It is the responsibility of the client to maintain sufficient funds to place any wager(s). All account balances and transactions are in U.S. Dollars.
16. Each client is responsible for maintaining the secrecy of his/her betting account number and password, and should make every effort to prevent the use of his/her personal account number, and password by any third party. Any transactions entered with the account holder's account number and password will be considered an official transaction. If a client suspects a third party may have his/her account number and password, the client must contact HERITAGE SPORTS and change his/her password. Upon signup, each client is required to submit a secondary password used for account changes and withdrawals. This secondary password must be used to change a wagering password or request a withdrawal or transfer of funds from his/her account. Should a member give away, share or lose his or her account number and/or password, HERITAGE SPORTS will not be held liable for any claims regarding that account.
17. Accounts with aggregate winnings of more than $5,000 are considered to be playing on 'house money'. Customers deemed to be playing with 'house money' may not be eligible for special promotions or perks provided by HERITAGE SPORTS.
18. All new accounts are subject to a period of review, and during this time, they may not be eligible to participate in specific promotions offered by HERITAGE SPORTS.
19. All accounts must have a correct contact phone number, email address and physical address listed in their account information. If there is a change of address, please notify HERITAGE SPORTS within 30 days and provide an ID or utility bill with the new address. Use of invalid information is grounds for possible forfeiture of any or all winnings and bonuses.
20. HERITAGE SPORTS reserves the right to ask customers to provide a valid proof of identification. Clients opening an account with HERITAGE SPORTS agree to provide, on demand, necessary documents. Identification may be government issued picture ID (Copy of driver’s license, state ID or passport) and a copy of a utility bill with the client's name for proof of address.
21. Internet wagers must be placed through the user interface provided by HERITAGE SPORTS. Any internet wagering through other means, including the use of a 'robot' player or by manipulation of our systems, is strictly forbidden. If it is deemed that a robot was utilized or the use of non-approved client software is detected, the offending party risks forfeiture of funds and Management reserves the right to invalidate all such wagers retroactively, cancel the player's account, or take any other appropriate action. HERITAGE SPORTS will employ the services of a 3rd party provider to make a determination where foul play is suspected.
22. If a player believes that HERITAGE SPORTS has posted an erroneous line or schedule, the player should notify HERITAGE SPORTS immediately to verify if the line and/or schedule are correct.
23. Immediately upon discovery, wagers placed on an event with an obviously mistaken line resulting from human or technical error will be graded as “No Action”. If a wager with an erroneous line is not voided before the event begins, HERITAGE SPORTS reserves the right to remedy the odds to a fair market price which would have been available at the time the wager was placed. This price adjustment may be applied during or after an event.
24. A bet made after an event begins, based on occurrences that have developed while in-play, is considered a 'past-post' and therefore invalid. The same applies for all horse bets, as they must be placed before post time or else are invalid. This also applies for all regular games and any live wagering events. All events intended for in-play offering will be noted as such on the wagering option.
25. HERITAGE SPORTS reserves the right to reverse the incorrect application of funds into an account due to human or system/software error. Additional funds that were not intended to be credited into a customer's account will be reverted upon discovery of the inaccuracy. Any additional earnings from those funds are subject to voiding/forfeiture.
26. At HERITAGE SPORTS, we strive to treat our clients with the respect and courtesy they deserve. We also require that our clients reciprocate the gesture to our employees. Any abusive language or treatment via phone, chat or email will cause immediate termination of the Heritage account and all remaining funds will be refunded to the account holder.
27. We reserve the right to limit the number of times a client may participate in a promotion. Identity of participants will be determined on the basis of all or any combination of the following: Name, mailing address, email address, IP address, credit or debit card number and any forms of identification which may be required.
28. HERITAGE SPORTS has designed its services to protect customer privacy and maintain confidentiality.
29. All transactions are processed in highly secure 128 bit encryption.
30. Time Changes and Injury Reports are unofficial and subject to changes. It is a member's responsibility to question and clarify any event not covered or rules he/she does not understand prior to placing any wagers.
31. Any wagers deemed as correlated may be voided at HERITAGE SPORTS’ discretion. Examples of correlated wagers are but not limited to the following: - Team total to a team total in the same game. Includes all quarters and halves in the game. - Team total to a run line, money line or total in the same game. - Any side or run line/puck line of a quarter, half or game to another side of the same game in a Parlay or any type of If bet.
32. Regardless of the published header, all games and events will have action as long as the two teams/sides are correct. A game/match will also keep action regardless of the ‘League Heading’ and/or ‘League Offering’ that is associated with the matchup. For example, two teams from the same league playing for a Cup; if the matchup is mistakenly placed in the League Offering, the game/match will still have action, as long as the matchup is correct.
33. Information Required. If you choose to register an Account you will be required to provide your full name, address, date of birth, email address and telephone number. If your identity cannot be validated, you may be required to submit additional information or documentation. You will also be required to answer one or more security questions, after which you will be sent a confirmatory email. You may also be required to update the information or data or to provide additional items as part of on-going efforts to prevent illegal and fraudulent activities, and/or to comply with our Anti-Money Laundering policies and protocols.
34. On Odds to win and Multiprops wagering, when 2 or more competitors tie in first place, dead heat rule will apply.
How to bet on a Sportsbook
Betting real money on sports is one of the world’s favorite pastimes. The reason sports betting is so popular is because it makes watching sports more exciting, and it can also be lucrative for those who take the time to learn about odds, picking winners, line shopping and how to use online bonuses profitably.
You have 3 options for betting money on sports – take a trip to one of the Las Vegas sportsbooks, find a local bookie, or sign up at an online sportsbook. Of the three options, online betting sites are definitely the easiest and most convenient way to bet money on sports.
Looking for the best poker games online ? Heritage Sport is the best online gambling site to join!
Three of most popular forms of wagers are moneyline, point spreads and totals (over/under).
Moneyline Bets
A money line bet is a wager on which team will win a game and is the most popular way to bet on hockey and baseball, but does exists also for basketball, football and other sports.
Point Spread Bets
Point spread betting is said to have been invented in the 1940’s by Charles K. McNeil of Chicago. He was a math professor who used it in his own bookmaking operation.
Whether or not this true is irrelevant; today point spread betting is the most popular way to wager on America’s two most frequently wagered upon sports, football and basketball.
The basic idea behind a point spread is in order to make the game closer to a 50/50 proposition a handicap is added.
Totals – Over/Under Bets
Here you’re wagering on whether the total number of points scored by both teams will be over or under the posted betting total.
Get all the latest Betting and Sport News updates on your social media outlets. Find us on both Facebook and Google+!
You have 3 options for betting money on sports – take a trip to one of the Las Vegas sportsbooks, find a local bookie, or sign up at an online sportsbook. Of the three options, online betting sites are definitely the easiest and most convenient way to bet money on sports.
Looking for the best poker games online ? Heritage Sport is the best online gambling site to join!
Three of most popular forms of wagers are moneyline, point spreads and totals (over/under).
Moneyline Bets
A money line bet is a wager on which team will win a game and is the most popular way to bet on hockey and baseball, but does exists also for basketball, football and other sports.
Point Spread Bets
Point spread betting is said to have been invented in the 1940’s by Charles K. McNeil of Chicago. He was a math professor who used it in his own bookmaking operation.
Whether or not this true is irrelevant; today point spread betting is the most popular way to wager on America’s two most frequently wagered upon sports, football and basketball.
The basic idea behind a point spread is in order to make the game closer to a 50/50 proposition a handicap is added.
Totals – Over/Under Bets
Here you’re wagering on whether the total number of points scored by both teams will be over or under the posted betting total.
Get all the latest Betting and Sport News updates on your social media outlets. Find us on both Facebook and Google+!
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