She has great coaching. She destroys world records. FantasyPros Expert.
. While the world’s greatest athletes are competing in Rio, the focus should be on being the best you can be and making your country proud.
Lead Baseball & Football Columnist/Editor for RotoBaller. And how can you not get excited? It’s the Olympics — one of the biggest celebrations of sporting talent on earth AND it’s in Rio!
Both DC United and the Portland Timbers came into the game fighting for the final playoff spots in their respective conferences. This dream would require the services of a 1967 Volkswagen Bus that I named, “Hail Mary.”
What exactly is the substance of the spirit of our faith? Why do we cling to something as irrational as faith in the face of the rational, visceral reality of so much suffering, corruption, and violence?
What is it that Olympic television viewers watch when they watch these games? Are they watching the sport? The individual athlete or teams of athletes? Or are they watching NBC’s construction of the games?
Producer/Author of film and book ‘25,000 Miles to Glory'; Founder of FoamFingerNation.com
A writer and recent graduate of Wesleyan University, Charlotte is fascinated by the intersection between film, theatre, television, and psychology.
Katie Ledecky crushes the competition. . .
Author and expert in the field of critical thinking and mental toughness training
The commercials are too frequent, the events are not live, NBC doesn’t have a clue . She crushes her own records. Your fantasy football draft has been circled on your calendar ever since the commissioner set the date. A 2-0 win for United meant that both teams ended the day in 6th position.
The one place that should be sacred and free of politics, religious debates, discrimination, hatred or anything else negative is the Olympics. Browse just about anywhere online and prepare yourself to be hit with a dose of Team GB fever. Everyone asks, “How does she do it?” She has nearly perfect form, with an imperfect body for swimming. So how do you win your draft? I’m glad you asked.
Ph.D candidate in Theology/Religion, with a focus on Eco-Theology and Comparative Theology, at Union Theological Seminary in the city of New York.
Building off of impressive swimmers such as Mark Spitz and Ian Thorpe, Michael Phelps has made swimming awesome.
If I was going to visit every stadium I needed to include a flair for the dramatic, add some panache, and an element of danger to my circumventing the country in the name of football. But the secret sauce is grit.
The Olympics are the words on everyone’s lips right now. leave it to the experts.
By necessity their approach is very research-oriented and concise, since with millions of dollars at risk there is little margin for error. Also, adjustments are made after reading each team’s local newspapers to get a sense of what the coaches & players are thinking going into the game.
Since the oddsmaker’s ultimate goal is equally dividing the betting action, public perception and betting patterns must be taken into account. Stated another way, they want to create a line that half the people find appealing to bet one way while the other half find it appealing to bet the other way (known as ‘dividing the action’). Obviously, if the line comes out a week ahead of the event (which is the case in football), there is much that could happen during the week leading up to the event that could affect the line. Reasons for such adjustments include:
Experts working for the individual books having a strong opinion on the game
Individual books having players who consistently bet with certain tendencies (such as an extreme bias toward favorites or toward a certain popular team like USC)
“You either have a passion for it or you don’t,” Seba said. For example, the public might have heavy betting interest week after week on a popular college football team such as USC.
Once a game’s power rating based pointspread is determined, the oddsmaker will make adjustments to that line after considering each team’s most recent games played and previous games played against that opponent. Mike Seba is a Senior Oddsmaker at LVSC and has been making lines for the last six years.
The opening line is the first line created by the oddsmakers, which is then sent out to sportsbooks.
The last step in the line-making process for each oddsmaker is taking one final look to determine whether or not the line “feels right.” This is where common sense and past experience with how games are bet enters into the picture. By moving the line, sportsbooks can influence how the public bets on a particular game. Examples of non-game factors that would require an adjustment to a team’s power rating are key player injuries and player trades.
Once betting begins, sportsbooks can adjust the line at any time. Of course there is an entire method to the madness on how the opening line is created.
“The main objective is that our clients get equal action on both sides,” Seba said.
Divided action means the sportsbook is guaranteed a profit on the game because of the fee charged to the bettor (called juice or vig – typically $11 bet to win $10). That is not the case at all – their intent is NOT to evenly split the ATS result between the teams; rather, their goal is to attract equal betting action on both sides.
For example, if the pointspread on a game is 7 and most of the money is coming in on the underdog (taking the +7), sportsbooks will then move the number down to 6 ½ to try and attract money on the favorite. Oddsmakers have to determine if any changes are necessary and send out an “adjusted line.”
A round-table discussion among the 4-5 oddsmakers involved in making the line for each sport is then conducted and a consensus line is decided upon by the Odds Director before it is released to the sportsbooks.
. The power ratings are adjusted after each game a team plays. If we’ve done that, we’ve done our job.”
Why the Line Changes
Moving the line is the oddsmaker’s effort to balance betting action, and often times such moves can have a major impact on a bettor’s decision.
Las Vegas Sports Consultants (LVSC) is the world’s premier oddsmaking company and the most respected authority on making the lines. This usually includes having up-to-date power ratings on each team. “We’re not trying to pick the team that covers the spread, we’re trying to make it a coin flip, a tough decision (for the bettor).
Oddsmakers at LVSC are professional sports junkies who love what they do and would probably do it for nothing if you asked them, but they do get paid for it. In our extended interview, Seba explained that there are 4-5 oddsmakers assigned to make lines for each of the major sports (pro & college football and basketball; MLB, NHL, boxing, golf). If an oddsmaker comes up with a preliminary line of USC -7, then an adjustment up to -7.5 or -8 would be made in response to the public’s expected USC bias. In doing so they attempt to make more attractive the team that is getting less action.
Oddsmakers can also change the line depending on various event-related factors such as player injuries or weather. Of the 4-5 oddsmakers, generally the 2 most respected opinions are weighed more heavily by the Odds Director before he decides on the final line. Each of these oddsmakers bring unique opinions, strengths and weaknesses to the process.
What Is the Line Trying to Accomplish?
The purpose of these adjustments, like all line adjustments, is to more equally divide the betting action.
Once the opening line is released by LVSC, the individual sportsbooks decide if they want to make any adjustments before offering it to the public. We do this by drawing from past experiences and applying them to current situations. Seba explained that it all starts with each oddsmaker creating a line on each game based upon their own personal approach. People think it’s much more complicated, but it’s not.”
There is a common misconception that point spreads represent the oddsmakers’ prediction of how many points the favorite will win by.
“The #1 thing for us is to make a line for each game that creates good two-way action. How the Opening Line Is Made
Power ratings are the oddsmaker’s value of each team and are used as a guide to calculate a “preliminary” pointspread on an upcoming game
Walk away from a losing streak but always ride out the winning ones. Never double-up after a loss. Initially, I would try for a two win Parlay using a minimum starting wager. Following any loss I would revert back to my starting wager and lock in any profit I had accumulated up to that point.
Always keep in mind, you’re gambling. Even though when betting sports there are only two teams and it should essentially be a toss up, we know it is not.
7 or more occur 1 in 140 decisions. The profit potential of the Parlay takes advantage of any sequence of consecutive wins. The best results will come with a maximum two or three win Parlay approach.
The Odds on any even money proposition’s consecutive wins or losses:
8 or more occur 1 in 450+ decisions.
5 or more occur 1 in 36 decisions. Obviously, when given the choice you should always choose to pay the lesser amount.
5 Rules To Profit By
In addition to adjusting the payout, the sports book provides a “point spread.” The “point spread” works the same as the odds payout in leveling the money bet on each game. Do not let a winning streak give you a disregard for money. Keep in mind that 44% would be losses.
The only betting system that takes this into account are “up-as-you-win” systems.
You may not have made as large a profit as you could have by taking on more risk, but this way your initial risk capital would be your only risk.
When using the Parlay method it is important to know the odds as they apply to your chances of winning or losing.
The next time someone says that you can’t win betting on sports…
Sports Betting And The Parlay
Any system that doubles up following a loss can quickly lead to catastrophic losses following any brief string of losing bets.
Although in the “long run” the odds are a mathematical certainty, over the short term (the time which you are using the system) they cannot be counted on to perform this way.
Here’s how it would work. Bet heaviest when you are winning using the “houses” money to increase your bets.
It’s perfectly ok to take on a little extra risk to try for a bigger win when betting back profits. Depending on the sports book they would either charge $110 to win $100 or $60 to win $50. This acts to prevent either team from gaining an edge. Systems that only increase wagers following a win combine both excellent profit potential and protection from a serious loss.
The safest methods typically apply to “even money” wagers where the likelihood of winning two, three or more bets in a row are fairly commonplace.
1. There is an element of luck involved in every game of chance (good luck and bad) When you’re running good you want to ride it out to the end and make the most of it. When you are betting on the underdog you receive the odds while when betting on the favored team you will be paying the odds.
The term Parlay applies to pyramiding profits with a series of two, three (or sometimes more) consecutive wagers. Always lock up your profits when you have them or they could disappear just as quickly.
2. A bet selection method that produces a 56% win rate will actually provide an overall profit by simply “flat betting.” So playing for double win Parlays would also show a sizable profit.
3. To learn the bet selection method he uses for sports betting to achieve an 80% win rate click here: EasySportsInvesting and watch the Free video.
The odds of choosing any even money wager correctly 5x’s in a row are 31 to 1. Never gamble with money you cannot afford to lose. Any betting situation that offers two comparably equal choices will produce the best results.
Using the Parlay method it is best to combine it with a strong bet selection system. You should be aware that $110 to win $100 is a 10% commission whereas $60 to win $50 is a 20% fee.
Applying the Parlay technique to sports betting requires a few minor alterations. Bet minimum amounts when losing.
The sports books will always charge a “Vig” or commission on wagers.
5. Never try to recoup losses by increasing the size of your bets. This being the case, you would also realize that the chances of betting wrong 5 x’s in a row are also 31 to 1. you’ll know better than that. In this way, a starting bet of $20 wins $80 after two back to back wins.
If I manage to increase my original bankroll by 30-50% I would then try for a three win parlay. It’s NOT ok to chase those wins by risking more of your own money.
Sports books adjust their betting “line” to reflect an odds payout for the favored team or the underdog. Doing this could lead to catastrophic losses. Wishing you the very best of luck always.
*(please use 3 bullets)
Games such as casino Craps (even money wagers on the “Pass” or “Don’t Pass” line bets), Roulette (red/black, odd/even & high/low), Baccarat (player/bank wagers) and most sports betting are all well suited to Parlay wagering.
Based on my 40+ years of gambling experience I find that the best approach when using the Parlay method is to not try for the long odds associated with attempting 4, 5 or more consecutive wins. You are paying them to book your bet.
Let’s Break It Down
When comparing all the gambling techniques ever invented there are few that are better than the Parlay. Don’t try to be a hero… After one or two successful parlays I would then begin to increase my starting wager attempting another two win Parlay.
Ray Walkoczy is the author of SportsBetBreakthrough.com with over 40+ years of professional gambling experience. There are no sure things. This is due to the fact that sports betting is handled differently than other even money wagers. With that said, it is crucial to avoid any betting system that recommends doubling up after a loss even though the odds would seem to favor you not being wrong 5 x’s in a row.
In using a three win Parlay your starting wager of $20 would produce a $160 win or 7 to 1 on your money.. A successful double win Parlay will yield a profit of 3x’s the amount of your original bet.
Knowing The Odds
4. Have a definite money management system in place