Arbitrage Betting Formula 1 – Part 3 – Sports Betting

Technology has always played a big part in affecting the outcome of a Formula 1 race. During the 60 years or so of its existence, the championship has seen advances in technology, although never forgetting the importance of the driver.

Two of the major innovations occurred during the early years – during the 1950s, Cooper’s revolutionary rear engine design led to two championship titles for Jack Brabham and in 1962, Lotus introduced their one piece chassis.

Technology developed rapidly during the 1970s and 80s and Formula 1 engineers began to be referred to as designers. The late 1970s saw the introduction of wings; and the early 1980s saw the widespread use of turbochargers.

Perhaps one of the most significant innovations was the so-called “ground effect” which used underbody design and side skirts, hugging the car to the ground. Improvements in design continue to play a big part in racing performance today. Several races are traditionally the highlights of the season. The Monaco Grand Prix which takes place through the winding streets of the principality is always exciting to watch.

At Monaco, the driver who gets pole position has an excellent chance of winning, as it is extremely difficult to overtake on the tight circuit. And in the UK, the British Grand Prix has become something of an institution since its inception in 1909, meaning a variety of betting options are available.

Sports betting is risky for the most part – many people who bet just occasionally are inexperienced and not knowledgeable. Many sports fans simply bet on their favorite team and often do not care too much whether they win or lose.

In fact, over 90% of people who bet on sporting events lose money; only a small percentage actually wins on a regular basis. However, there is a method of increasing the chances of winning, which is both easy and effective.

Getting an Edge in Sports Betting: Contrarian Sports Investing

Many people enjoy sports, and sports fans often enjoy placing wagers on the outcomes of sporting events. Most casual sports bettors lose money over time, creating a bad name for the sports betting industry. But what if we could “even the playing field?”

If we transform sports betting into a more business-like and professional endeavor, there is a higher likelihood that we can make the case for sports betting as an investment.

The Sports Marketplace as an Asset Class

How can we make the jump from gambling to investing? Working with a team of analysts, economists, and Wall Street professionals – we often toss the phrase “sports investing” around. But what makes something an “asset class?”

An asset class is often described as an investment with a marketplace – that has an inherent return. The sports betting world clearly has a marketplace – but what about a source of returns?

For instance, investors earn interest on bonds in exchange for lending money. Stockholders earn long-term returns by owning a portion of a company. Some economists say that “sports investors” have a built-in inherent return in the form of “risk transfer.” That is, sports investors can earn returns by helping provide liquidity and transferring risk amongst other sports marketplace participants (such as the betting public and sportsbooks).

Sports Investing Indicators

We can take this investing analogy a step further by studying the sports betting “marketplace.” Just like more traditional assets such as stocks and bonds are based on price, dividend yield, and interest rates – the sports marketplace “price” is based on point spreads or money line odds. These lines and odds change over time, just like stock prices rise and fall.

To further our goal of making sports gambling a more business-like endeavor, and to study the sports marketplace further, we collect several additional indicators. In particular, we collect public “betting percentages” to study “money flows” and sports marketplace activity. In addition, just as the financial headlines shout, “Stocks rally on heavy volume,” we also track the volume of betting activity in the sports gambling market.

Sports Marketplace Participants

Earlier, we discussed “risk transfer” and the sports marketplace participants. In the sports betting world, the sportsbooks serve a similar purpose as the investing world’s brokers and market-makers. They also sometimes act in manner similar to institutional investors.

In the investing world, the general public is known as the “small investor.” Similarly, the general public often makes small bets in the sports marketplace. The small bettor often bets with their heart, roots for their favorite teams, and has certain tendencies that can be exploited by other market participants.

“Sports investors” are participants who take on a similar role as a market-maker or institutional investor. Sports investors use a business-like approach to profit from sports betting. In effect, they take on a risk transfer role and are able to capture the inherent returns of the sports betting industry.

Contrarian Methods

How can we capture the inherent returns of the sports market? One method is to use a contrarian approach and bet against the public to capture value. This is one reason why we collect and study “betting percentages” from several major online sports books. Studying this data allows us to feel the pulse of the market action – and carve out the performance of the “general public.”

This, combined with point spread movement, and the “volume” of betting activity can give us an idea of what various participants are doing. Our research shows that the public, or “small bettors” – typically underperform in the sports betting industry. This, in turn, allows us to systematically capture value by using sports investing methods. Our goal is to apply a systematic and academic approach to the sports betting industry.

Sports Betting Odds For the NBA

Betting in sports is enticing for any sports enthusiast; besides that it spices up the game even more with all those screaming bettors around you, it can be a rewarding leisure that boasts of lump sum of cash winnings. Nevertheless, what are the sports betting odds for something like the NBA?

If you based it on sports book, sports betting odds are generally unaffected or fixed. They say nothing can be done to effect change. But other sports enthusiasts believe otherwise. They consider the possibilities of maximizing the sports betting odds and successful chances to hit big time in sports betting, whether in the NBA or any other sport in the United States.

The first thing to consider is to have a sports betting system to rely on, which helps you sift through different games and identify where to bet best. By doing so, you have higher chances in sports betting odds by 97% for any NBA game. But still never bet your whole bankroll in one game. So how do you know which system works for your game?

There are online sports betting experts that can hand out pieces of advices that can assist you in every bet that you make on a game. Although they are not saying that by having a workable system, you are not liable anymore to losses in any game. There is risk wherever you are at, but having an effective system lowers your risk on terrible betting losses and increases your sports betting odds. These sports betting systems are good enough to be used universally, as long as sports betting are deemed legal.

Betting in games is so far not completely regarded as a legal form of gambling, because there are countries that still find such form as unethical and illegal in their state laws. Do we have to blame such states? No, despite their love for games such as the NBA, they find many of their people addicted to the idea of betting to the point of having to lose everything that his family has. This is where they draw the line for their laws, similar to restricting having casinos in their premises.

But it does not happen to everybody else; that is why in the United States sports betting is open and available. Drawing the line between addiction and balanced betting already depends on the hands of the bettor. Besides, sports betting has always been considered as a moneymaking opportunity for all citizens, without having to leave the comforts of your home or spend endless hours working at night.

If you want better sports betting odds in all NBA games, finding a good betting system is easy, so long as you pay enough attention to details being served on the internet. Upon taking hold of what you think should be your betting system, nothing can stop you from deserving successive wins in the games of betting. Well, of course, be reminded that it also takes some smarts to get ahead in every bet of every game.

Horse Racing Betting Strategy to Avoid Ruin

Gambler’s Ruin is a term that has been applied to several mathematical theories. The basic idea is that the longer you gamble the more likely you are to lose. That may sound incredibly simple, but how many people try to grind out a living gambling at the horse races day after day and finally tapping out? The first and most obvious point is that when you gamble against a player who has a bigger bankroll than yours, you’re at a disadvantage because he can last throw losing streaks longer than you can so he will eventually win your money.

But wait, you say, the horse races are different because I don’t gamble against the track, I gamble against the other players. Think of the other players, the pools that are put forth every day on each race, as a never ending source of money. Isn’t that how you would like it to be? You want to think that the money will be there everyday and if you figure out how to handicap well enough you’ll be able to dip into that pool every day and take out a profit.

The problem with that line of reasoning is that it is a source of wealth much larger than yours that you are gambling against. No matter what angle you use, eventually you’ll experience losing streaks. Those losing streaks over time will eat up a grinder’s roll. The pools at the race track will be replenished every day, unlike your own bankroll that is much more limited. The problem is “churn,” a term used in the gambling profession to describe what happens when gamblers keep reinvesting their money until the takeout eats it up.

The math doesn’t lie, but there are ways to reduce the effects. For one thing, bet less often and try to make more per bet. In that case it makes more sense to bet on long shots, if you can pick live bets. Another approach is to only gamble with amounts that you can replace on a weekly or monthly basis. You will still have losing streaks and times when you won’t make a profit, but if there is more money coming along, you won’t go broke. The problem with that, of course, is that you may be bleeding money week after week and year after year. There are no simple solutions to horse racing handicapping profitability.

I prefer to play the races for a while and then take a break. I keep track of my money and consider each foray a gambling campaign. Reducing my horse playing to sessions and campaigns makes it easier to manage my money and to have success that bolsters confidence. Dividing my play into a set number of races, say forty or fifty races, I can track performance and make adjustments.