The Object of Betting

You can be playing nickel and dime limit Hold’em with your friends in the garage, or $25/$50 high stakes No Limit Hold’em at the Bicycle Casino in Los Angeles. It doesn’t matter. The object remains the same: to win money. That’s how the game is scored. The “winner” is the person who won the most money.To anyone serious about wagering money, whether it be a single bet on a single betting round from one hold’em hand, or if it’s a huge parlay bet on a set of sports games for the week, one thing always must be considered–expected value.

The mathematical expected value is the amount a bet will average, winning or losing, or the course of a long period of time. If you make this bet once, you may either win or lose, and casual wagerers (and losing players) only consider the short-term result. Credit (or blame) is always given to luck. Serious wagerers know better than luck. What will happen if I make this bet a thousand times? I’m going to win some, and I’m going to lose some, but financially, where will I be after wagering my money on this bet numerous times over the course of a long period of time?

Most of the time, you know everything you need to know to determine the value of a wager before you actually place the wager. In roulette, you are given 35-to-1 odds on a 37-to-1 chance to hit. If you make a $1 bet one thousand …

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You've Hit the Lottery Jackpot! What Now?

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Involuntarily, I’d do a quadruple take on my lottery ticket and then suddenly realize that I just won the lottery! Every lottery winner’s to-do list: Jump up and down, scream and hug anything in sight. After I’ve caught my breath, lowered my pulse, and tempered my euphoria, I ask myself, “Now what?”Since my wildest dreams can become a reality, I would probably be pretty darn anxious to get my paws on that dough. I would probably need to chill out a bit and put my thinking hat on.

First things first; buy a string of islands. So this way, I can launch my bid to world domination. Here, I can do whatever the heck I want with no one telling me to put my clothes on or turning the music down. Week long parties, margaritas, and crazy times with friends would be the highlight of each day. We all know that eventually, even this, gets old. What am I to do next?

Ever heard of a meerkat? That’s right, the grooviest animal on earth (besides me, of course). Those cuties deserve to be living the way I do. A meerkat sanctuary will definitely do the trick. No more worrying about the small stuff like predators and food, just the important things, like finding a mate. Having people visit my islands and making them melt with love by the sheer sight of this elegant animal would fill my heart with joy.

I’m willing to bet that almost everyone would want a …


Hitting the I.R.S. Lottery

The time has come, as it does every year for all of us hard working people to once again go see the accountant and square away with Internal Revenue Service. For some people, this is a dreaded event, but to others, it’s like hitting the lottery, of course on a much smaller scale for most us. However, receiving that lump sum of money from the I.R.S. feels like free and found money although we have actually worked and earned it.Being a self employed Educational Consultant I do not have the option to have my taxes taken out of my weekly paycheck. I can’t opt for the larger weekly paycheck and less of a return. I instead have to hand the accountant every piece of paper and receipt I have from the year and hope for the best come April. Most of the time this works out for the best and I wind up receiving a return just big (or small depending how you look at it) enough so that if I chose to, I could take a family of four on vacation to Disney the value plan way (which by the way, I have done in the past). This is the way I have been filing my taxes for the past four years. I have gotten used to this way of saving and spending the money throughout the year and I have to say I am getting to enjoy the “lottery win” no matter how small. This year was no …


Lottery Top Secret

The secret to winning Fantasy 5 lottery lies largely in understanding how to work the numbers.

The top secret is applying the method to winning Fantasy 5 consistently.

The game is played nearly every day. You have an ample opportunity to win good money by learning the methods.

The Fantasy 5 lottery game is played by several states. The lotto game goes by different names depending on the state. Fantasy 5 lottery go by so many names, including Cash 5, Match 5, Fantasy Five and so forth.

Let us examine lotto trend numbers 12, 25 and 17 over several states.

California Lottery

CA Fantasy 5 exhibited the trend towards the end of last month. California lottery results played the winning numbers 12 and 25 on 8/29/2011. They group came back in the next California lottery result with 12 and 17 on 8/30/2011.

California Fantasy 5 completed the trend with winning number 25 on 8/31/2011. The trend resumed on 9/3/2011 with number 17. The remaining members 12 and 25 played nearly one week later to complete that cycle.

I will elaborate more on the top secret later in this article.

Texas Lottery

Cash Five is the lotto game for the Lone Star State. Texas lottery results will show clearly that the trend is good in every lottery market.

You don't need to look further than one week to see the trend in action. Look at Texas Cash Five results of 9/12/2011 through 9/15/2011. The trend played right after each other. The …


21: Stellar Cast Makes Vegas-Gambling Movie A Winner

21 (The Movie) is loosely based on Ben Mezrich’s bestseller, “Bringing Down the House.” Director Robert Luketic brings together an attractive cast that includes established Hollywood actors and some fresh new faces. Jim Sturgess, Kevin Spacey, Kate Bosworth and Laurence Fishburne deliver stellar performances that will leave you demanding a sequel.Jim Sturgess stars as Ben Campbell, a shy and intelligent MIT student with a lifelong ambition of attending Harvard Medical School. He has one problem though, his scholarship application was rejected and his $8 an hour job won’t cover his $300,000 tuition fee. What is a poor whiz kid college student to do? He is approached by Professor Micky Rosa, played by Kevin Spacey, and is introduced to the underground scene of counting cards. What is the plan? Take Las Vegas casinos by storm and bring home millions of dollars.

I am not too familiar with Sturgess’ acting career other than his role as George Boleyn in “The Other Boleyn Girl.” Regardless, it is apparent from the movie that Sturgess has the ability to connect with his character and really shined playing the role of Ben Campbell. I enjoyed his wit throughout the film and thought he remained humble. I am definitely looking forward to future movies starring Sturgess.

I am not the biggest fan of Kevin Spacey, who plays Professor Micky Rosa, but actually enjoyed his contributions to the film. Spacey has been around since the 1980s, but a recent role you might recall is the infamous Lex Luthor …


Gamblers in Pittsburgh PA Are Getting Table Games

In July, the people in the Pittsburgh area will get to enjoy table games at the Rivers Casino. They will find that all of their favorite games from Black Jack to Roulette will be available. In the meantime, the Rivers Casino has electronic table games for their patrons' convenience. The Rivers Casino is looking forward to many people coming in to enjoy their new additions to their playing field.Remember that when you visit the Rivers Casino you will find all kinds of promotions. Check their website to sign up for notifications of the different promotions that they will be having.

Because the Rivers Casino is located along the river you will find that the views of Pittsburgh are spectacular. While you are there make sure that you take a look around and enjoy the sights of the city of Pittsburgh landscape.

Keep in mind that you are able to park for free when you are a player at Rivers Casino. The parking garage is set up conveniently so that it is a short distance from the parking spots to the elevator that brings you right to the playing field. That is another draw for many patrons of the casino.

Some tips for when you are visiting the casino. Always bring a sweater or jacket, as the air conditioners are usually on and it can be a little chilly when you are playing. Keep your money and valuables close to your body. Don't bring anything that you don't need, so that …


Hurricane Betting: A Twisted Form of Gambling

Even after the horrible aftermath of Hurricane Katrina in 2005, a very bizarre and popular form of gambling began to pop up in Vegas and on the internet: hurricane betting. Those who enjoy throwing their money away can place bets on where hurricanes will hit, whether or not tropical storms will become hurricanes, what category they will become, and what wind speeds they will reach. This form of wagering is more than a little controversial, considering the fact that so many lives are lost in these storms, and it raises the question: how far will Vegas and these gambling sites go to bring in more money?But regardless of how controversial its legitimacy is in the gambling world, novelty betting has really taken off over the years, with casinos offering all sorts of wacky wagers on everything from the outcome of the presidential election to who will win Oscars in any given category. As fun and harmless as betting like this may seem, it does little more than to empty the pocketbooks of those who already compulsive gamblers and really don’t need any more options when it comes to how they can throw their money away.

Hurricane betting is a lot worse than these other forms of novelty wagers, since loss of life is involved. It’s hard to imagine being thrilled with winning a wager on the devastation caused by Hurricane Ike, for example, but plenty people out there are. I guess at least it’s a good thing that no gambling …


2009 NBA Lottery Results, Draft Predictions

The LA Clippers won the 209 NBA lottery with only being the third worst team in the NBA last season. Sacramento had to settle for the fourth overall pick for the upcoming 2009 NBA draft after having the worst record in the league last season. The Kings had a 25 % chance to get the number one pick in the draft, but were unable to obtain the number one or two position. The Memphis Grizzlies were able to upgrade their position from the fifth pick to number two after the lottery was held. The Clippers are expected to pick number one prospect Blake Griffin with the first draft pick in June with Spain's Ricky Rubio heavily favored to be the second overall pick in the 2009 NBA draft. The following is the 2009 NBA Draft Lottery order with predicted picks based on team need for each franchise.2009 NBA Mock Lottery Draft with Revised Team Order

#1 Pick 2009 NBA Draft Lottery – LA Clippers
Blake Griffin – PF – Okalahoma

#2 Pick 2009 NBA Draft Lottery – Memphis Grizzlies
Ricky Rubio – PG – Spain

#3 Pick 2009 NBA Draft Lottery – Oklahoma City Thunder
Hasheem Thabeet – C – UConn

#4 Pick 2009 NBA Draft Lottery – Sacramento Kings
James Harden – SG – Arizona State

#5 Pick 2009 NBA Draft Lottery – Washington Wizards
Jordan Hill – PF Arizona

#6 Pick 2009 NBA Draft Lottery – Minnesota Timberwolves
DeMar DeRozan – SG – USC

#7 Pick 2009


Sportsbetting Tips for Winners

Having made a living betting on sports (mostly NFL football) for over a decade, as well as having been connected with the sportsbetting industry for a time in other capacities, it troubles me to see people make the same mistakes again and again, and throw away money unnecessarily.There are several things I would recommend to a beginning sportsbettor:

  1. Understand that a recreational gambler is a losing gambler.

The approach you'll need to take to turn yourself into an advantage sportsbettor who can consistently make money at this is different from-and in some ways incompatible with-treating sportsbetting as something to do "for fun."

There are many things casual gamblers do based on making the activity more fun as a hobby-betting on their favorite teams, betting on televised games, etc.-that are not justified from a bottom line standpoint. Now, that's not to say such things are "wrong." You might decide you'd rather lose long term and have fun (not every hobby has to be a way to make a profit after all), than work hard and be disciplined and always make the mathematically justified decision regardless of your emotional preferences. But if so, at least make that decision with eyes open. Understand that being "recreational" about this activity costs you money.

But to do this right means a lot of hours, a lot of research, a lot of number crunching. Never look at this as "easy money." It's a job, not an alternative to a job.

  1. Ignore the vast majority of advice

NFL 2010: Early Las Vegas Betting Lines & Picks for September 19th

The Las Vegas Hilton Superbook has selected 80 NFL games with betting lines and the public can now place bets on these NFL games. So what is the point of putting up betting lines on NFL games four to eight months in advance? The answer is simple, the sportbooks will be able to hold that money for those four to eight months and their obvious goal is to get enough action on both sides so they can make money on the vig (vig is the extra money you pay to place the bet-the extra $10 on a -$110 bet).The advantage to the bettor, is the ability to place a bet now and then have the ability to bet more when the line moves after injuries or bad starts. Another opportunity that is fun for the bettor, is the possibility of middling the bet. We will discuss middling later as the season begins. Just know this, it will be a fun option to have once October and November roll around in the NFL.

Sunday September 19th, 2010. NFL week 2.
Chicago Bears vs Dallas Cowboys -6.5.
The Dallas Cowboys have a definite NFL history of coming out of the gate fast and Jay Cutler will still be coming of age as the Chicago Bears starting quarterback. Don’t let this affect any thinking of Chicago’s performance for later in the season. Dallas will dominate this game and could conceivably win by three touchdowns. Chicago has no chance in this game take Dallas