May 4, 2023

ESports Betting History

Esports betting is a growing trend. The esports betting industry is expected to continue experiencing significant growth in the coming years, especially in the wake of the COVID-19 pandemic, which led to more people embracing online platforms, including betting. Some key trends and drivers of growth in esports betting include the dominance of certain esports titles such as CS:GO and the Intel Extreme Masters tournament , increased investment in esports, and the growing number of online esports betting platforms. However, it is important to note that betting can be risky and it is vital to bet responsibly.

 

 

Esports betting has a relatively short history compared to traditional sports betting, with the first esports bets being placed on games like Starcraft and Dota 2 around ten years ago. However, the industry has been rapidly growing in recent years and is expected to continue growing in the future. As more people are introduced to esports and gaming in general, it is predicted that the popularity of esports betting will continue to grow. Additionally, as more states and countries legalize online betting, the esports betting market is expected to become more regulated and structured, leading to greater accountability and potentially lower risks for consumers. However, as with any form of betting, there are risks involved and it is important to bet responsibly.




According to various sources, some of the most popular esports games for betting include:

1. League of Legends 

2. CS:GO (Counter-Strike: Global Offensive)

3. Dota 2

4. Overwatch

5. Call of Duty

These esports titles have established themselves as some of the most popular and widely-watched esports competitions, making them top targets for esports betting. However, the popularity of individual games may vary depending on factors such as region and the availability of events to bet on. It is also important to note that esports betting comes with inherent risks, and it is essential to bet responsibly.

May 5, 2021

Olympic Virtual Series Begin on May 13, 2021!

 Baseball, Cycling, Rowing, Sailing, and Motor Sport International Federations and Game Publishers will participate in the inaugural Olympic Virtual Series.


The Olympic Virtual Series (OVS), the first-ever Olympic-licensed event for physical and non-physical virtual sports, will be produced by the International Olympic Committee (IOC) in collaboration with five International Sports Federations (IFs) and game publishers.


The OVS will begin on May 13, 2021, and will run until June 23, 2021, just in time for the Olympic Games in Tokyo. The Olympic Virtual Series will bring together virtual sport, esports, and gaming enthusiasts from all over the world in order to reach new Olympic audiences.


The Olympic Virtual Series will include the following International Federations and gaming publishers:


- World Baseball Softball Confederation (WBSC) – eBaseball Powerful Pro Baseball 2020, Konami Digital Entertainment


- Union Cycliste Internationale (UCI) – Zwift, Zwift inc.


- World Sailing - Virtual Regatta, Virtual Regatta SAS

- Fédération Internationale de l'Automobile (FIA) - Gran Turismo, Polyphony Digital


- World Rowing - Open format

The OVS establishes a bridge between the physical sporting world and the virtual and simulation sports gaming communities, allowing people to interact with the Olympic Movement. Each IF will host its corresponding event in a way that maximizes online mass participation while prioritizing inclusivity and participation via the OVS. The mass-participation Series allows participants from all over the world to take part.

Jul 11, 2013

Dafabet announced as official main club sponsor

The Club is pleased to welcome Dafabet as our Official Main Club Sponsor having entered into a two-year agreement.

A leading Asian online betting website, Dafabet has grown rapidly over the past 18 months and is now established as one of the top sportsbook brands in the world.
In 2012 Dafabet was ranked 21st in the prestigious eGaming Review Power 50 list of online gaming operators.

http://www.footballkitnews.com/wp-content/uploads/2013/06/New-Aston-Villa-Kit-13-14.jpg

As part of the agreement, the Dafabet logo will feature on the home and away Villa shirts and the company will enjoy a host of sponsorship benefits.
"We're pleased to announce our partnership with Dafabet," said Villa Chief Executive Paul Faulkner.
"There is a real sense of excitement, anticipation and optimism as we look forward to the new season, building on the solid foundations we have in place.
"This will be a good and positive partnership for the Club and we are looking forward to working together with Dafabet as we continue to build and move the Club forward.
"Crucially for us, during negotiations Dafabet displayed a strong willingness to work with us in our continued support for Acorns and we look forward to progressing some ideas around that in the near future."

Dimitris Karatzas, Managing Director of Online Betting and Gaming at AsianBGE, said: "After entering the Premier League last season as international betting partners to two clubs, we saw the increased potential of becoming an official club sponsor.
"All of the team here are football mad, supporting sides from all around the world. It's no cliché to say we love, live and breathe the game with extreme passion.
"It's a very significant and proud moment for us to form such a partnership with Aston Villa, a side steeped in tradition.

"We are delighted to see Dafabet on the front of such a well-recognised shirt and to be associated with a club respected throughout the footballing world. I am sure all the fans will agree the kit looks great.

"We look forward to the new season and hope this partnership continues well into the future."
John Cruces, Head of Sponsorships at Dafabet added: "The Premier League is second to none in the world of football, simply speaking it's the most exciting and recognised league in the world.
"To be associated with one of the oldest and most successful clubs in England will help us achieve our aim of making Dafabet a household name - not just in Asia, where the majority of our players are currently from, but worldwide."

Acorns Chief Executive David Strudley said: "The ongoing support shown by the Club and fans for Acorns is immeasurable and clearly demonstrated by their efforts to include us in their discussions with Dafabet.

"We are extremely grateful to both AVFC and Dafabet in what is a crucial year as we celebrate 25 years of caring and look to a future where we can help to provide care and support to each of the 2,000 plus life-limited and life-threatened children in the region."

Swans unveil new shirt sponsors GWFX

Swansea City has agreed its largest sponsorship deal in the club’s 101-year history with GWFX.

http://www.gwfx.com/

GWFX is one of the core brands under the fast growing global financial services provider Goldenway.
http://www.gwfx.com/upload/201307/20130704153554.jpg

The deal was announced today at the unveiling of the club’s new kit for the 2013/14 season creating a partnership that will help both Goldenway and Swansea City grow their presence in existing territories and also expand into new markets, especially the Greater China area through a number of joint initiatives.

Goldenway will be proudly displayed on the front of all Swansea City’s match and replica shirts for the new Barclays Premier League campaign.

As a fast growing company with global ambitions Goldenway understand how The Barclays Premier League is a proven platform to build emerging market brands and will utilise the Premier League’s massive Asian fan base that makes up over 30% of the total global audiences, including live match broadcast into over 200 million households in China.

Working with sports marketing experts, SportQuake, Goldenway identified Swansea City as the ideal partner having been greatly impressed by their achievements in rebuilding the club over the past 10 years, rising through the divisions to become an established Premier League club culminating in winning the Capital One Cup this year.

Swansea City vice-chairman, Leigh Dineen, said: “We are delighted to confirm Goldenway as the club’s main sponsor.

“It is the first time Goldenway has invested in football sponsorship and we are honoured that they have entrusted us to carry their brand into the Barclays Premier League and the world stage.

“It shows how far we have come over the last decade, on and off the pitch, and I’m convinced that this new partnership will help take our global profile to a whole new level.

“Goldenway is trusted by investors throughout the world. They are leaders in the financial industry and I’m sure that we can establish a fantastic working relationship together as we drive both businesses forward over the next 12 months.”

Goldenway UK Director, Darren Vickers, said: “Goldenway are excited to be the new official sponsor of Swansea City AFC. The Goldenway ethos shares the same spirit and values as Swansea and we see sponsoring one of the Premier League’s most exciting sides as a key marketing opportunity to help communicate our corporate philosophy.

“We pride ourselves on the speed and quality of service and we consider the high profile partnership between a Forex company and a football club as a natural fit for the future ambitions of both the club and business.”

Goldenway is an international finance company having diversified business operating in London, Auckland and Hong Kong. The Company prides itself on developing its own world class trading platforms that are tailor made to meet their customer’s needs. A full range of online trading services are provided, including foreign exchange trading, CFDs, precious metals, securities & futures and asset management.

The deal was sourced and negotiated by sports marketing consultancy, SportQuake, who will also assist in managing the sponsorship.

SportQuake are sport marketing experts who specialise in helping consumer brands understand and use sport to deliver their marketing and commercial objectives.

Aug 8, 2012

Ivan Ukhov Wins Gold in the Olympic High Jump, Four Years After Showing Up to Meet Drunk



Ivan Ukhov (He must be the most weird athletein 2012 Olympic - in his age of 26, this Russia High Jump athlete won the gold medal on August 8, 2012 London Olympic in the men’s high jump.  He did so while jumping in a blue t-shirt. Yes, you didn't heard me wrong! Because he had lost his vest after he pulled it off, after getting approval from the referee, he went out in a standard t-shirt and beat everyone else.

After then he found his vest and attempt 2.36 , 2.38 and failed on 2.40 after his first trial which possibly set the new world record being booked by Charles Austin (2.39) in 1996. Ivan Ukhov is happy with bringing the Olympic Gold Medal home! Ukhov was expected to be a basketball player, after 9 years of basketball player's life he joined Discus throws and finally turn into High Jump at his age of 17.

The long-hair Ukhov is now a Russian legend, particularly in light of his previous most memorable moment. Back in 2008, he showed up to a meet drunk and tried to do some high jumping. He failed and slept on the mat!

London Olympics 2012 Epke Zonderland on Mens Horizontal Bar August 7 2012



Epke Zonderland of the Netherlands has won gold in the horizontal bar at the London Epke Zonderland Wins Men's Horizontal Bar Gold at LOndon Olympics 2012 Olympics.Zonderland finished with a score of 16.533, with Fabian Hambuchen Epke Zonderland Wins Men's Horizontal Bar Gold at LOndon Olympics 2012 of Germany taking silver with 16.400 and China's Zou Kai the bronze with 16.366.Epke Zonderland wins gold on | Olympic Games London 2012 | Photos07/08/2012Epke goud.Epke wins goldEPke haald goud voor nederlandepke zonderland olympic gamesepke zonderland london 2012epke wins gold madaille on olympic gamesEpke Zonderland Wins Gold on horizontal bar | Olympic Games London 2012

Jul 15, 2012

2012 London Olympic Games 27 July - 12 August



London has hosted the Olympic Games on two past occasions, in 1908 and 1948, with a third scheduled for 2012. The planned 2012 Summer Olympics will make London the first city to have hosted the modern Games of three Olympiads. London is the only city in the United Kingdom to have ever hosted the Olympics; the United States is the only country to have hosted Summer Olympics on more occasions than the UK.

British participation in Olympic events, both as a competitor and as a host, is the responsibility of the British Olympic Association.

2012 London Olympic Full Schedule and Results:
http://www.london2012.com/schedule-and-results/

Jun 26, 2012

USA women's track runners Allyson Felix and Jeneba Tarmoh still have no ruling on dead heat at Olympic qualifier

American women finish tied for third with spot on Team USA on the line for London Olympics. The pair could face a coin flip or a runoff for final slot.

Allyson Felix and Jeneba Tarmoh (foreground) finish in a dead heat for the last spot on the USA 100M Olympic squad heading to London. They each lean across the finish line in 11.068 seconds.
EUGENE, Ore. - It took 11.068 seconds for Allyson Felix and Jeneba Tarmoh to run the women’s 100 final Saturday night.

It may take a week before USA Track & Field (USATF) officials resolve their rare dead heat and determine who will be the U.S.’ third female 100-meter representative in London.

“Everything I’m hearing is that no decision will be made until after the 200 meters,” said one high-level track and field official here.

The 200-meter final Felix is the three-time world champion and Tarmoh is a bona fide contender won’t be contested until next Saturday.

Carmelita Jeter, the defending world 100 champion, won the 100 in 10.92, followed by Tianna Madison.

The 22-year-old Tarmoh, a former Texas A&M star who just turned pro, finished in a dead heat with Felix, a 10-time world and Olympic champion and one of the marquee U.S. sprinters.

In a statement late Sunday night, the USATF said that that if neither athlete opts to decline her position on the 100 team, they will be given an option of a coin-flip or runoff.

If they don’t agree, a runoff will be held — certainly the fairest means of resolution. No timetable was given, but the most likely time for a runoff would be in next Sunday’s NBC telecast.

Video:
 

Jun 19, 2012

Euro2012 Ukraine vs England / France vs Sweden (Jun-19)






Group D - Ukraine vs England (20:45)
Ukraine will battle England at Donbass Arena tonight which determining who between these two will move to the quarterfinals. England have to at least secure a draw in order to move on while the co-hosts need maximum points. Based on the history, all of the Eurocup Host could secure a place in quarterfinal round while Portland was out, could Ukraine actually maintain this record? Ukraine also has beaten England in Home game in 2009, so this will possibly be a tight game!


Group D -  France vs Sweden (20:45)
In their last group stage matches, France and Sweden lock horns at the NSK Olimpijs'kyj. Sweden have already bowed out of the competition while the French still need a good result to secure their advancement. France players have display their good form and there should be not a problem to beat Sweden!

Jun 16, 2012

Euro2012 Germany vs Denmark / Portugal vs Holland (Jun-17)


Germany vs Denmark:
Germany scored 6 goals with an average of 3 goals per game after winning 3 of their last 5 games. On the other side, Denmark connected 5 goals in their last 3 victories over the same stretch. A result of over 2.5-3 goals in their Euro 2012 fixture in Group B at the Lviv Arena returns 2.25; under is priced 1.70.  Regarding Germany's tradition that they will fight for winning every match, if Denmark just targeting to claim 1 point for a draw, it is likely Germany will take over the whole match!

###
Portugal vs Holland:
Holland and Portugal also suffered from the same fate in their opening tussles in the European Championships with the Dutch losing to Denmark and the Portuguese bowing to Germany. Both defeats produced final scores of 1-0 and this is the last round of match without any hesitations, C7 will lead the Portuguese attacking Holland end up as open fire match. Many goals is expected!

Feb 27, 2012

Ben & Jerry's Creates 'Lin-Sanity' Ice Cream Controversy

Ice cream company Ben & Jerry's has morphed pop culture with their frozen delights again. This time with NBA star Jeremy Lin.

Their latest flavor, "Taste the Lin-Sanity," being served in Boston's Harvard Square, is comprised of vanilla frozen yogurt and swirls of honey, but now comes with a side of a waffle cone instead of fortune cookies mixed in, after experiencing some backlash of being a racist connotation.

The Boston shop serving the ice cream issued an apology on Twitter for offending anyone by their handmade flavor, saying, "We offer a heartfelt apology if anyone was offended by our handmade Lin-Sanity flavor."

"We are proud and honored to have Jeremy Lin hail from one of our fine, local universities and we are huge sports fans," Ben & Jerry's continued in a news release. "Our intention was to create a flavor to honor Jeremy Lin's accomplishments and his meteoric rise in the NBA, and recognize that he was a local Harvard graduate. We try (to) demonstrate our commitment as a Boston-based, valued-led business and if we failed in this instance we offer our sincere apologies."

The manager of the Cambridge and Boston area Ben & Jerry's stores told the Boston Globe that although there was some negative feedback at first, the main reason they changed the flavor's ingredients was because a few of the limited edition pints were returned because the cookies got "soggy."

Lin has become an overnight sensation since hitting the court for the New York Knicks, filling in as point guard while others have been injured.

Lin played for the Harvard Crimson and graduated with a degree in economics before joining the NBA in 2010, according to ESPN .

"Taste of Lin-Sanity" is being offered for a limited time at the Harvard Square location only.

Nov 29, 2011

NBA 2012-2013 Season Schedule

Pending agreement, season to open Dec. 25

NBA Commissioner David Stern said early Saturday morning that, if the tentative agreement reached between the owners and players is completed and ratified, he is hopeful of having a 66-game season, beginning on Christmas Day. Assuming the season tips off on Christmas, below is a general breakdown of how the 2011-12 NBA Season schedule will be structured. Full details of the schedule will be released on NBA.com upon its completion.
2011-12 NBA Schedule Breakdown
Regular Season Start Date: December 25, 2011
Regular Season End Date: April 26, 2012
Playoffs Start Date: April 28, 2012
Last Possible Finals Date: June 26, 2012
Individual Team Schedule Breakdown
Conference Games: 48
• Play 6 teams 4 times (2 home, 2 away)
• Play 4 teams 3 times (2 home, 1 away)
• Play 4 teams 3 times (1 home, 2 away)
Non-Conference Games: 18
• Play 3 teams 2 times (1 home, 1 away)
• Play 6 teams 1 time at home
• Play 6 teams 1 time away
Back to Back to Backs: All teams with at least 1; no more than 3
Playoff Back to Backs: Possible in second round

"We are excited to tip off the start of the 2011-12 NBA season," said David Levy, president of sales, distribution and sports for Turner Broadcasting System, Inc. The Basketball season starts on Christmas Day and the sport books finally reached their long wait for a new NBA season  with the game 2011-12 on Christmas Day with the Boston Celtics @ New York Knicks at Noon (ET).

SportBettingSport covers NBA Basketball betting resources, links and information. Check out the most up to date basketball Live Odds, Lines, Injuries, Scores & Schedule, StandingsStats and Teams News!

Sep 13, 2011

Victor Valdes funny save against Real Sociedad

Real Sociedad 2:2 FC Barcelona La Liga 10 Sep 2011 Victor Valdes superb save!

Aug 30, 2011

Golf is added for 2016 and 2020 Olympic

Save 10% Off your order with code GT7G3NFS only at Golfsmith.com!! Offer ends 9/30
Golfsmith Golf & Tennis After the long wait, golf will be returning to the Olympics at the Summer Games in Rio de Janeiro - Brazil

Golf has been reinstated for the 2016 and 2020 Games after a vote by the International Olympic Committee. The Golf sport has received large support in votes after top athletes and officials shown their support and presentation, including a taped video message from Tiger Woods which he has indicated that he would play in the Olympics if golf were accepted for 2016.

"There are millions of young golfers worldwide who would be proud to represent their country," Woods said from the Presidents Cup in San Francisco. "It would be an honor for anyone who plays this game to become an Olympian."

Golf was approved 63-27 with two abstentions and this certainly a great news to all golf fans!

Below is the OMEGA TV spot welcomes golf back to the Olympic Games:

Sports Betting Guide Post

Building a Healthy Sports Betting Habit

It is a known fact for people to have different hobbies and interests that they are very passionate about. However, as in all things, everything done in excess can already be bad for the person. The same is true for sports betting, which obviously can start as a plain leisure activity, but later on might tend to become a harmful addiction if not done judiciously.

Here are some of the most common signs that a bettor has already acquired a harmful gambling obsession:

  •  If he uses money supposedly set for paying bills on gambling 
  •  If he bets an amount that is beyond what he can bear to lose
  •  If he goes beyond the budget or limit that he had set to make up for his losing streak
  •  If he experiences lack of sleep over gambling
  •  If he resorts into lying especially to loved ones about bet losses
These harmful signs are not necessarily unique to losers alone. There is also a good chance that you can see these awful symptoms among winning sports bettors. You can be a winner and yet suffer from severe gambling obsession. Nevertheless, winner or not, the most important thing for all bettors to remember is to adopt a healthy sports betting habit.

Listen to Family or Friends' Advice before you bet!
If it is your family and friends talking to you about your sports betting activities, then you cannot disregard their words. Listen to them because these people have genuine concern for you and they probably see that’s something wrong already. They may be worried that your passion for gambling has led to harmful sports betting habits so they will point out observations that you may not notice. Keep your mind open to their observations because they tend to be more objective. Someone who has gambling addiction will tend to be short-sighted and less objective so it pays to have an open mind to family or friends’ advice. It is better to discuss with them about these things and avoid being defensive so that you can evoke a healthy sports betting habit.

Sometimes, the money matter doesn’t come if you’re on the winning side. What create the problem usually is if you start spending too much time on this gambling hobby; time that is more than what is considered moderate. This doesn’t come as a surprise though since people usually tend to devote a lot of their time doing things that they enjoy the most.

In sports betting, your time is usually consumed because of several activities on top of the actual betting. First, you’ll need to constantly monitor the games and statistics particularly if you’re going to do handicap. Then, there’s also this need to research and improve your mastery of the game so you try to subscribe to several online forums and articles. You might also be persistently looking around to know which sports book provide the best value. And then, once you’ve placed in your bets you’ll of course be compulsively monitoring the games you have your stakes on so you know right away how much money you have gained or lost.

All these things contribute to that perception of your loved ones that you have unhealthy sports betting habits. Imagine them seeing you deal with all these sports-betting activities almost every second of your time. Hence, no one can blame them if they think that this lifestyle is harmful for you, regardless if you’re on a winning roll.

And so, the key solution to this problem is adopting a healthy sports betting habit. There is of course nothing wrong about betting, it just needs to be done in moderation. While studying sports betting continuously is a good practice, it does not necessarily require you to do it every day. What you can do is to come up with a schedule where you only assign a specific date for your research and studying. Moreover, there’s no use for you to monitor the games 24 by 7 because realistically, it will not help you win or lose the game even if you monitor it real-time. It’s better to just spend your time instead on doing other exciting activities like going out. And even while you’re out and not monitoring the game on TV, avoid obsessing on checking out the result of the game via other mobile devices.

So again, no one doubts that sportsbetting is an enjoyable and money-making hobby. But the key thing to remember is that you should do it in moderation. And if the time comes when it is your family or friends telling you that you are taking it too far already, there’s a good chance they are right.

Aug 22, 2011

Record Your Sports Bet



Keep Track of All Sports Bet


All serious or professional sports bettors practice the habit of keeping track of each of their bets. If you intend to be one, then this practice is something you must also consider. Keeping records of all your sports bets allow you to monitor and check your previous moves regularly. Some lazy or uncommitted bettors will say that they don’t need to manually keep a record because they won’t forget their bets. These people also tend to focus solely on their bet earnings, which is something that they don’t need to write down because they can conveniently monitor this via their account balance. However, to be a serious bettor, you must realize the importance of keeping records of your bets, especially when it comes to analyzing future trends and bet strategies.

An effective and very convenient way of tracking your bets is by using a computer spreadsheet, with the likes of MS Excel, EditGrid and other common versions such as Google Documents. You are already using the computer anyway as you manage your sports bets online, so it should be more convenient to deal with computer spreadsheets compared to keeping records the old school way, notebook and pen that is. There’s nothing wrong if you prefer using the latter. But we highly recommend the spreadsheet programs instead so you’ll be able to sort and filter all your data with more ease, not to mention that it is also easier to analyze the trends in this way.

These electronic spreadsheets are widely available today, and utilizing the full features of a program like MS Excel will turn out more helpful in your data gathering and analysis especially long term wise. For some of those programs, it may take a while to learn and master but nevertheless, the practicality and convenience it offers once you get the hang of it seems to prove it’s worth it. The important thing is gradually getting the habit of using spreadsheets and just experiment on which specific program works best for you, then stick with it.



Record the Important Elements of Your Betting Data

Earlier we have already established the necessity to rigorously and consistently record each of your bets. Additionally, recording your bets will not mean anything if you don’t know how to filter the important data and decide what to record. A good betting spreadsheet must contain these fundamental elements so that your data becomes meaningful:
  1. Date of bet
  2. The sport you joined
  3. Sportsbook
  4. Betting classification (i.e. Total, Halftime, Spread, Moneyline, Teaser, etc.)
  5. Betting line
  6. Actual bet amount (plus its percentage equivalent of your total bankroll)
  7. Outcome
Now, for those who do playing line moves and deal with steam betting, it is also essential to include these two:
  1. Opening Line
  2. Closing Line

Offhand, some may think it’s very tedious and time consuming to record this much data every time. However, once you get the hang of recording your betting data then it’s going to be a piece of cake and the habit of recording will just come out naturally each time you make a bet.
As your spreadsheet data gets updated, you will be able to start with monitoring your betting results. Be careful not to under or over-estimate your analysis if your data spreadsheet is still very small to begin with. Just like any other study or data tracking, you will need a substantial quantity of data first before it can be statistically telling and meaningful. The important thing is to continuously grow and update your betting spreadsheet so you can build a reliable portfolio after some time. Refrain from stopping just because you got around 10-30 betting results as betting assumptions will be premature at this point.

Gain Profitable Betting Opportunities from your Spreadsheet


The moment your sports bet portfolio gets on going regularly, you have formidably increased your chances of winning in your bets and beating the bookies. This is because once you have your betting history, you get to see in full scale all the sports you joined, as well as find out what betting types you are beating or losing. With your spreadsheet, you can find out if you are really winning, especially for those who might have an increasing bankroll and yet still losing big time in the long run due to halftime betting.

Aug 21, 2011

Losing Even When Winning at Sports Betting

You’re Still Losing Even When You’re Winning

At sports betting, your main goal is always to go for spread bets and beat the bookies. Bettors usually do this by handicapping with a practical long-term target of getting 55% winners. Once this skill is mastered, one would then assume that you must devote all of your time doing sports betting because this is the key to winning huge money and becoming extremely wealthy. Getting 55% winners is considered an exclusive skill.

However, 55% winners doesn’t guarantee wins a hundred percent of the time. There will still be instances of losing that can challenge a player’s emotions and discipline. The worst part that you have probably not realized yet is that even though you’re with 55% winners, you will still find yourself in an overall losing streak on most games. You might take this as quite a shock, but there is truth in this. And we can explain this phenomenon with this simple answer: Juice.

In the data below, you can see the long-term percentage trend of 55% wins from handicapping. The data shows a player’s top 4 bets in a day’s average.

 
Wins
Losses
Percentage
4
0
9.15%
3
1
29.95%
2
2
36.75%
1
3
20.05%
0
4
4.10%


What this data shows is that on an average, the player has 9.15% chance of winning in all the 4 picks, whereas there’s 20.05% occurrence that he will win in 1 bet and lose in all the 3, so on and so forth.

Hence, if we analyze the data in greater detail, it will show us that there’s around 60.9% chance that a bettor on 55% winner is actually losing money. Easily you can see that losing happens on that 4.10% and 20.05% rows, but the reason why the 36.75% row where winning and losing is tied 2 for 2 is included in the losing percentage is that this does not contribute to your juice. So what happens is that you will end up with less money compared to your starting amount.

In essence, even for an exceptional spread bettor, when he does his top 4 bets, there is 60% occurrence of losing. If you want to remain on top of your game then you have to be emotionally and mentally prepared for this fact. If you do not accept this because whenever you are in a losing streak then your emotions will get the best of you and all that you’d want to do is make up for all your losses. This will be very damaging to your betting habits, not to mention to your money.

Avoid Chasing Your Losses

Chasing off your losses is never healthy, however minor you may treat it. In our example, the 55% bettor for instance gets a shaky trend with 0-4 or 1-3 losses over wins. He will probably try betting on 5 instead of the usual top 4 plays. He may not realize the harm in this at first but he is forgetting that he is only a 55% bettor within top 4 picks. Thus, his betting percentage relatively deceases as he moves to top 5 picks. He puts himself in an even unfriendly situation.

All in all, each bettor must master their emotions and discipline whenever they engage in any game, particularly handicapping, because this is key driver to succeeding in the long run.


Aug 1, 2011

2014 Brazil World Cup The Preliminary Draw results

RIO DE JANEIRO, BRAZIL - JULY 30:  Ronaldo dra...Image by Getty Images
 FIFA.com rounds up the results from the Preliminary Draw which took place at the Marina da Gloria in Rio de Janeiro on Saturday 30 July.
Intercontinental play-offs Asia – South America
North, Central America and the Caribbean - Oceania

African Zone Draw Group A: South Africa, Botswana, Central African Republic, Somalia or Ethiopia
Group B: Tunisia, Cape Verde Islands, Sierra Leone, Equatorial Guinea or Madagascar
Group C: Côte d'Ivoire, Morocco, Gambia, Chad or Tanzania
Group D: Ghana, Zambia, Sudan, Lesotho or Burundi
Group E: Burkina Faso, Gabon, Niger, Sao Tome e Principe or Congo
Group F: Nigeria, Malawi, Seychelles or Kenya, Djibouti or Namibia
Group G: Egypt, Guinea, Zimbabwe, Comoros or Mozambique
Group H: Algeria, Mali, Benin, Eritrea or Rwanda
Group I: Cameroon, Libya, Guinea-Bissau or Togo, Swaziland or Congo DR
Group J: Senegal, Uganda, Angola, Mauritius or Liberia

Asian Zone Draw Group A: China, Jordan, Iraq, Singapore
Group B: Korea Republic, Kuwait, UAE, Lebanon
Group C: Japan, Uzbekistan, Syria, Korea DPR
Group D: Australia, Saudi Arabia, Oman, Thailand
Group E: Iran, Qatar, Bahrain, Indonesia

North, Central America and the Caribbean Zone Draw (Round Two) Group A: El Salvador, Surinam, Cayman Islands, Dominican Republic
Group B: Trinidad and Tobago, Guyana, Barbados, Bermuda
Group C: Panama, Dominica, Nicaragua, Bahamas
Group D: Canada, St. Kitts and Nevis, Puerto Rico, St Lucia
Group E: Grenada, Guatemala, St Vincent and the Grenadines, Belize
Group F: Haiti, Antigua and Barbuda, Curacao, US Virgin Islands

North, Central America and the Caribbean Zone Draw (Round Three) Group A: USA, Jamaica, Winner of R2 Grp E, Winner of R2 Grp F
Group B: Mexico, Costa Rica, Winner of R2 Grp A, Winner of R2 Grp B
Group C: Honduras, Cuba, Winner of R2 Grp D, Winner of R2 Grp C

Oceanian Zone DrawGroup A: Vanuatu, New Caledonia, American Samoa/Cook Islands/Samoa or Tonga, Tahiti
Group B: Fiji, New Zealand, Solomon Islands, Papua New Guinea
European Zone Draw Group A: Croatia, Serbia, Belgium, Scotland, Macedonia, Wales
Group B: Italy, Denmark, Czech Republic, Bulgaria, Armenia, Malta.
Group C: Germany, Sweden, Republic of Ireland, Austria, Faroe Islands, Kazakhstan.
Group D: Netherlands, Turkey, Hungary, Romania, Estonia, Andorra.
Group E: Norway, Slovenia, Switzerland, Albania, Cyprus, Iceland.
Group F: Portugal, Russia, Israel, Northern Ireland, Azerbaijan, Luxembourg
Group G: Greece, Slovakia, Bosnia-Herzegovina, Lithuania, Latvia, Lichtenstein
Group H: England, Montenegro, Ukraine, Poland, Moldova, San Marino
Group I: Spain, France, Belarus, Georgia, Finland
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Jul 15, 2011

Why do most sports bettors lose?

Dirk Nowitzki (Dallas Mavericks) at the free-t...Image via Wikipedia
Most sports bettors prefer to bet against the spread, spread also known as "point spread" or "line" which is one of the most common way to bet. a spread bet is one team must win by a certain margin for a bet to be winner. For example in an NBA spread bet (Miami Heats -6.5) against (Cleveland Cavaliers +6.5). Miami Heats must won the games with 7 scores more in order to win the bet.




The Line bet in theory ought to give bettors a 50% chance of selecting a winner over a given bet on. Juice has been offering the sportsbook an advantage, which but not invincible - and undoubtedly vulnerable to a large number of bettors to go more than to pocket some lucky victories.


Let's take into account of some numbers. In case you bet five games a week throughout the NFL season (17 weeks), there would be 51 games. Let's keep the math in simple and say that you just play only 50 games and you bet $ 10 flat per game. Should you pick 27 winners and 23 losers, you happen to be up $ 17 by the end with the season. You've chosen 54%, that is certainly the binomial distribution tells us that 24% of monkeys throwing darts at a board (random guess) could also do. So why do much less than 5% of sports bettors make income on NFL games?

It just isn't simply because they're unfavorable winners. It's not due to sports betting and the juice can not win - even if the juice is tough to overcome. The true reason is that most bettors overbet their bankroll. They bet far more money than they should. Bookmakers are in accordance with this to make their living.
What could be the appropriate amount to bet? This really is a subject of debate. Think about an ideal situation. Allow us pretend that we can safely say that our capability to pick winners is 54%. We can't know for sure, according to 50 bets, but we make a hypothesis that allows us to apply the Kelly criterion for our situation.
f = (bp-q) / b
b = 10/11 or 0.9091
p = 0.54, q = 0.46
tells us that we need to invest only 3.4% of our bankroll on each pick.

Place your bet rationally - watch your bankroll to bet!

Consider carefully. With perfect knowledge as well as the huge advantage of getting in a position to pick up 54% against the spread, you need to be betting only 3.4% of your bankroll. It's not much. Bet more than that and your back will fall. Rates more than double (> 6.8%), and it is possible you'll be able to expect to lose cash even should you can get an amazing 54% winners. If you commit to 10% or much more of your bankroll on a single game? Most sports bettors do. Most of them lose $ and ruin their bankroll.



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Jul 10, 2011

Another Funny Football Shootout

The Goal Keeper taunting the shooter while the shooter doing the same stunts on him after scored in.