Category Archives: bets basketball

How to Bet Proposition Bets at a Sportsbook by RJ Bell

Charlie Goodwin

Charlie Goodwin

Sports betting can add excitement and fun to any game and will keep you on the edge of your seat throughout! Please remember, never give up as you have chosen one of the best businesses you could ever get into!
Charlie Goodwin

Latest posts by Charlie Goodwin (see all)

For example, betting on the 2006 Masters golf tournament now might get you much better value on Tiger Woods, who may be 10/1 at this moment but dip to 6/1 closer to the event if he is on a roll. For more information on how this works, be sure to check out How to Read the Money Line. These are not fixed and are adjusted by sportsbooks several times leading up to the event and are sometimes released months before an event. Open tennis tournament, a reasonable money line would require Serena bettors to risk $400 to win $100 while a $100 bet on her opponent would win $360.

Every $400 bet on Serena nets a $100 profit if she wins (plus the return of the $400 risked).

What team will win the coin toss

Betting sides and totals on major sports like baseball, basketball and football are the most common wagers available everywhere.

RJ Bell

©Pregame.com 2006

Website: http://www.Pregame.com

What player will score the game’s first touchdown

Contributed by:

Matchup Betting

As you can see, there’s much more to betting than simply totals and sides, especially when it comes to gambling on non-team sports. “Matchup Betting” generally involves an individual going up against another individual in a head-to-head event, such as a tennis match, and the odds are determined using the money line. However, many sportsbooks also offer proposition bets (or props short) for gambling on non-team sports like golf, tennis, boxing and auto racing – including NASCAR – due to their growing popularity. The odds on a “field” bet are typically comparable to a bet on the favorite in order to protect sportsbooks from taking a big hit if a major upset occurs.

The main advantage of futures is that you can get appealing odds by betting far in advance of when the event takes place. Props, also known as exotic wagers, are also extremely popular on high-profile team sporting events like the Super Bowl in Las Vegas .

Before every major event in non-team sports like golf, tennis and auto racing, futures are set by oddsmakers.

What will be the exact margin of victory

For non-team sports like golf, boxing, tennis and NASCAR, “Matchup Betting” offers an alternative to simply betting on the event’s winner. The Imperial Palace Casino’s sportsbook is well-known for the enormous number of prop bets offered. So be aware of all your wagering options and don’t miss out on the excitement non-team sports have to offer with prop betting! . In exchange for a lesser payout, field bettors gain the advantages of having more than one entrant that can win for them. A NFL future bet on a team to win the Super Bowl might be 20/1 in the preseason; but by midseason, their odds might decrease to 10/1 if they turn out to be legitimate championship contenders. The two main ways of wagering on non-team sports are “Betting to Win” an event and “Matchup Betting” which pits an individual against another individual or a group of individuals. For example, if Serena Williams faced an overmatched opponent in the U.S. For example, you can bet on:

Betting to Win

An example with team sports would be NFL futures, where you often can get much higher odds on a team by betting before the season starts.

Proposition bets for non-team sports are not limited to “Betting to Win” an event and “Matchup Betting” but those are the primary ways to wager on them.

Furthermore, a tennis match would be considered a tournament-style head-to-head matchup since the competitors involved directly play against each other in the event.

It is very important to note that not all the competitors in an event may be listed, so another betting option is on the “field” which includes all other competitors not listed. The same holds true for major team sports like NFL and college football, NBA and college basketball and MLB baseball. Other examples of props for non-team sports include what racing team will finish highest in a particular NASCAR race (Chevy, Ford or Dodge) or how many rounds will the fight between Mike Tyson and Kevin McBride last (Over/Under 8.5 rounds). These artificial matchups are also fake in the sense that bookmakers are the ones creating them – solely for betting purposes – and different books will often offer different matchups.

Group matchups are another way “matchup betting” is used which is particularly popular in golf and auto racing events like NASCAR, where you can select whether a leading competitor or a few other lesser competitors will finisher higher amongst the group, with the odds again based on money lines. Unlike team sports such as football, non-team sports also have multiple events over the course of a year, so “Betting to Win” obviously happens much more frequently than a once a year NFL futures bet on the Super Bowl winner does. Since golf and NASCAR both have pre-qualifying, not everybody makes the cut to the final day of competition, and these group matchups require all individuals to qualify in order to be eligible for action.

Here’s how the money line would be listed: Serena Williams -400 / #102 Ranked Opponent +360. If her opponent pulls off the upset, $100 bet on the underdog would profit $360 (plus the return of the $100 risked).

“Betting to Win” an outcome event like The Masters is the most common way to wager on individuals competing for a particular non-team title. An artificial head-to-head matchup involves competitors in an event like a golf tournament or auto race who are indirectly competing against each other since in reality they are competing against everybody in the field, not just one other competitor see here


U.S. court nixes request for rehearing on sports betting | Reuters

Charlie Goodwin

Charlie Goodwin

Sports betting can add excitement and fun to any game and will keep you on the edge of your seat throughout! Please remember, never give up as you have chosen one of the best businesses you could ever get into!
Charlie Goodwin

Latest posts by Charlie Goodwin (see all)

“The sports lottery has

already — in three weeks — had more wagered than the entire

1976 Delaware sports lottery season.”

The NCAA, or National Collegiate Athletic Association, also

joined the complaint by the leagues.

The case is In re Office of the Commissioner of Baseball,

et al v. The court opinion agreed with the leagues that

Delaware was generally limited to what it offered in 1976, when

it allowed gamblers to bet on winners of several NFL games.

Delaware could ask the U.S. Jack Markell’s legal counsel,

said in a statement. Jack Markell, et al, U.S. CHICAGO, Sept 29 Delaware’s appeal of a ruling

that its plan to allow betting on professional sports violates

a federal ban will not be heard, a federal court ruled on

Tuesday.

A 1992 federal law known as PASPA prohibits betting on

sports, although that law was grandfathered in Delaware,

Oregon, Montana and Nevada, and allowed them to offer such

wagering if it was limited to plans the states had operated

between 1976 and 1990.

“It is important to remember that the NFL tried to shut

down Delaware’s sports lottery entirely, but today Delaware has

the only legal sports wagering east of the Rocky Mountains,”

Barlow said of the parlay betting. “We realize that it is rare that the Third

Circuit will hear cases with all 12 active judges, but this was

an important issue for the state of Delaware and we thought the

state should have a chance to make its case at trial.”

The North American professional leagues for baseball,

basketball, football and hockey filed suit to block the state’s

plan, arguing it violated federal law and that it might taint

their sports with accusations of cheating.. Court of Appeals for the Third Circuit, in court

documents signed by Judge Thomas Hardiman, denied the request

for a rehearing before the larger court.

Markell signed the betting law in May, saying at the time

it would bring in $50 million and help close the state’s budget

shortfall, which for fiscal 2010 has been estimated at $800

million.

Hardiman was one of the three judges who ruled unanimously

in August that Delaware’s plan violated federal law.

“Obviously, we are disappointed with today’s ruling,

Michael Barlow, Delaware Gov. Third Circuit Court of

Appeals, No. Supreme Court to take the case,

but Markell spokesman Joe Ragolsky said that was unlikely.

The U.S. 09-3297.

(Reporting by Ben Klayman, editing by Maureen Bavdek)

Delaware had planned to allow point-spread bets on

individual games in all major sports from three racetrack

casinos.

The state can offer parlay bets — which depend on the

outcome of several matches — on National Football League

games.

Delaware offered parlay bets on NFL games for a few months

in 1976 see here


Cantor Gaming Announces In-Running Wagering for The NFL Season

Charlie Goodwin

Charlie Goodwin

Sports betting can add excitement and fun to any game and will keep you on the edge of your seat throughout! Please remember, never give up as you have chosen one of the best businesses you could ever get into!
Charlie Goodwin

Latest posts by Charlie Goodwin (see all)

In

addition to NFL games, In-Running will be available for select NCAA

football games this season.

. The NFL

season is immensely popular with sports betters and we’re excited to

extend our product offerings to The Venetian and Palazzo.”

Mr.

“In-Running is particularly well suited for football because of the

popularity of the game and the huge number of football fans interested

in sports betting. With In-Running, customers can place bets during the

game, so fans can have a stake in the action all the way through the

event,” said Lee Amaitis, President and CEO of Cantor Gaming.

Mr. “We are constantly looking for

opportunities to add new and exciting amenities to our overall guest

experience and this is the type of “only in Las Vegas” concept that

helps differentiate The Venetian and Palazzo from other properties on

the Strip, and also demonstrates the true uniqueness of Las Vegas and

why there is no city in America quite like it.”

Full Game Money Line

Full Game Point Line

Full Game Total, Over/Under

First Half Money Line

First Half Point Line

First Half Total Over/Under

The current drive will yield a first down.

The current drive will result in a punt, field goal, touchdown, or an

interception/fumble.

Twenty or more yards will be gained on the next play.

Any field goal attempt will be made or missed.

LAS VEGAS–(BUSINESS WIRE)–Cantor Gaming, an affiliate of the global financial services firm Cantor

Fitzgerald, today announced that its extremely popular “In-Running”

sports betting product will be available at The Venetian, Palazzo and

the M Resort Spa Casino in Las Vegas for the 2009 NFL season, beginning

with Tennessee at Pittsburgh on September 10. Amaitis added, “In-Running is hugely successful at the M’s Race &

Sports Book. Cantor is

the first company licensed as a manufacturer, distributor, and operator

of a mobile gaming system by the state of Nevada and remains the world

leader. Cantor was also the first company to introduce in-running

wagering in Las Vegas, at the M Resort Spa & Casino’s Race and Sports

Book. In-Running betting allows

wagering on live sporting events throughout the event. In-Running betting allows wagering on live sporting events throughout

the event.

For more information, visit www.cantorgaming.com

About Cantor Gaming

“The addition of “In-Running” is certainly going to enhance our sports

book offering and be a huge hit with the many sports aficionados who

spend time at our properties,” said Robert Goldstein, president of both

The Venetian and Palazzo Las Vegas. We opened the action with the NCAA March Madness Basketball

Tournament, continued throughout the NBA Playoffs, horse racing’s Triple

Crown, and currently offer selected Major League Baseball games. Amaitis said the bets that will be offered through In-Running are:

Through Cantor Gaming’s In-Running, wagers also will be accepted on

whether:

Cantor Gaming is an affiliate of global financial services provider

Cantor Fitzgerald, which has over 60 years of experience and

unparalleled expertise of highly secure real-time financial transaction

processing, management, and execution. Cantor Gaming offers mobile

solutions to the gaming industry as well as developers of proprietary

casino games including XtraOdds Baccarat(TM) and Bonus Roulette(TM) see here