Explanation of different horse race wagers across America

Horse race betting can be a complicated process if you want to increase your bankroll. The horses, race tracks, jockeys and several other factors influence the winning bet for the day. It takes careful studying and analysis to be able to reach to a successful conclusion and be able to separate the contenders from the pretenders. For the novice this article will provide and explanation of horse race betting and a few simple principles to follow to win at the races.

Horse racing can be like mathematics…calculative. You have to take calculated risks before you go for the big kill. It is very important to get your fundamentals right if you want to make some serious money.
There are several types of betting options popularly known as wagers on the race track. They can be described as below:

Win: In this basic bet the chosen horse needs to finish first for you to be able to collect

Place: For this your horse needs to finish either on the first or second place

Show: Here the horse needs to finish either first, second or third for you to win

Exacta: In this wager you play two horses and both the horses must come in first or second place in the exact order as you have chosen. It is only then that you can collect your winnings

Exacta Box: In this betting option, you choose two horses in the same way as Exacta. However, they if come in either first or second order for you to be able to collect.

Trifecta: Again, similar to the Exacta system, here you play three horses instead of two and they have to come first, second and third in the exact order as you have chosen

TrifectaKey: Similar to the Exacta box betting, here you choose three horses. The difference lies that the horse that you have chosen to win, called the key horse, has to come first. The other two horses can come in either order, first or second.

Trifecta Box: You get to play three horses in this wager and they can come either fist, second or third and you can win

Superfecta, Superfecta Box and Superfecta Key work on the same lines as the Trifecta series the only difference being that you choose four horses instead of three.

The minimum wager on tracks across America is USD\$2. But in the case of multiple wagers you can bet as low as 10 cents on some tracks.

When you place a bet at the tracks, all the money goes into a common wagering pool. It is from this pool that the house takes their cut for paying taxes and other expenses. After these expenses have been taken the remainder of the money is handed out to the winners.

After getting an explanation of horse race betting and understanding it, it is important that you make a betting plan. Now your agenda should be to understand the several betting systems and get a hang of horse race handicapping.

How to read sports betting lines and start winning

Betting on sports can be invigorating, while allowing you to earn or lose a lot of money. However, if you enter the betting arena armed with an in-depth knowledge of the right betting strategy then you can certainly win money irrespective of the fate of the match. One important move that needs to be implemented is on how to read sports betting lines since this can help you to get the most out of your bet and also prevent you from losing more money than you should, in case the other team wins.

While betting on sports is not legal in most states in the USA, you can still bet if you go online. You can practically bet on any sports such as football, basketball, baseball and even on car races and horse racing, be it college sports or even professional sports including those hosted by pros such as the NFL, NBA, and NHL. While sports betting lines differ according to the sports, most have common features that mention the names of the teams including the favored and the underdog, the odds, the over, under and on points and the spread, if any on the outcome of the match. While it seems complicated, an example can help in simplifying the matter easily. For example, a Dallas against Pittsburgh football match could display the following sports betting lines.

Dallas -11.5-130 -180
Pittsburgh +11.5-130 +220
38.5 ov-130

Firstly, the ‘-‘ sign next to Dallas indicates that it is the favored team to win whereas the ‘+’ sign next to Pittsburgh indicates that they are the underdog. The next figure i.e. 11.5 on both lines indicates that the favored team has to win and that too at least by the figure or points mentioned on the spread. The next number i.e. 130 that is mentioned on both lines indicates the amount that you will have to bet in order to win \$100 on that bet.

The last numbers on both the lines indicate the money line. If you want to bet on any team winning the match outright, then you need to bet on the money line. If you bet on the underdog then the risk is higher and you win more money at a lower stake whereas when you bet on the favored team then you will win a smaller prize even as you will have to put in a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then your \$100 stake will give you an additional \$220 if they win the match but if Dallas win and you have betted on them then your stake of \$180 will earn you an additional \$100.

The last line indicates the over-under, i.e. 38.5. Hence, irrespective of which team wins, if the game finishes with a score of 12-10 and if you have bet under, then 12+10=22, hence you win since it is lower then 38.5. The number 130 next to the ov indicates how much you will need to bet to win \$100 on such a bet.

You can start by gambling only on outright results of each game or match before venturing on to gambling on spreads and over-under. The above sample is just an example that could make your entry into sports betting a lot easier. Once you learn on how to read sports betting lines then you can fine-tune your strategy to win huge amounts of money.

Explain horse betting odds

Horse betting odds can be considered as the bible of modern day horse betting system which comprises mainly of gambling. For a beginner seeking some extra profits in the sport, mastering the concept of odds is a must. This is perhaps the most complex phenomenon in the sport. Over the last three decades, numerous books and articles have been written explaining the concept of odds.

Odds are the basic concepts in the sport. They basically tell a person how much they are going to earn if they invest a certain amount. The beginners very often get carried away by public opinion that is obviously favors the favorite. But only the experts know that it is more profitable to invest on the horse that many people do not. This is because the less the number of people investing, the more the individual profits in case the bet wins. But, the chances of that is less. So, people go along with the public and earn a few reasonable bucks.

The reason for the favorite domination on the odds board is mainly due to the three groups of people that influence the beginner’s opinion the most. The three groups are the pre-race investors, race trackers and the owners.

The first group does not really know anything about the bets and just try their luck by investing earlier. These people have more important jobs at hand and they cannot afford to waste their time betting. So, they just place some random bet earlier and hope for it to win. Others who bet at the race track see their bets on the odds board and go with the favorites amongst them. The problem in going with them is that they do not know anything about the sport and just invest randomly.

The second group is the race trackers or the persons who work at the horse track with the horses. They thus pretend to know everything about the condition of the horses and thus people get influenced by the vast amounts of knowledge they possess.

The third and most important group is that of the owners. They get carried with the emotions they have for their animals and they are egoistic in nature. Since they are big betters, people assume that they are right and often go with them.

Horse betting odds are normally in the form x/y(eg.6/1, 7/2). A ratio is obtained by dividing x by y. The favorite is represented by the smallest ratio or the largest amount. That payout amount is calculated by the formula: [bet amount X odds ratio to 1] + bet amount. So, the odds of 3/1 will pay \$ 8 for a \$2 bet while the odds ratio of 4/1 will pay \$ 10 for a \$2 bet.

Horse betting odds differ for every track but it is generally same for each track. Odds are undoubtedly the most important concept in the sport and profession of horse racing and horse betting. So, someone seeking money in this should master this concept.

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Popular sports and sports news providers in europe

The sports sector in Europe is highly organized with professional sports leagues for most of the games that are played here. Football, amongst all the other sports that are played, can be considered as one of the most popular sports played in Europe. The European football clubs are considered to be the highest paid teams around the word owing to their strong standing in the game. This game almost has achieved a cult status amongst its followers.

The European club championship is called the UEFA Championship league and is one of the most esteemed tournaments amongst football clubs across the continent. Apart from participating in this tournament, national football clubs across Europe also participate in the UEFA European Football Championships which is considered to be the primary national championship for men’s football. Europe has also dominated the FIFA World Cup and is seen as worthy adversaries by their Latin American competitors.

The European Premier League, Spanish La Liga, the Italian Seire A, Russian Premier League, the French Ligue1 and the German Bundesliga are some of the most prominent football leagues in Europe.
Amongst Mediterranean region, Basketball and Volleyball are sports of popular choice being played in countries such as Serbia, Croatia, Russia, Greece, Italy and Spain. Another sport that is very popular in Europe is road bicycle racing. This sport finds its followers in France, Belgium, Germany, Spain Switzerland and many more countries.

Ice Hockey is popular mostly in East European countries as well as in Scandinavia.
Cricket and Rugby as sports have retained and gained prominence primarily in Great Britain and the British Isles, Italy and France respectively. Cricket, which used to be the summer sport of the English, has been successfully imported to most parts of the world, especially to regions that fell under the British Empire and developed hence. Though rugby is not as popular a sport in Britain anymore, it does carry a small following of rugby enthusiasts in Britain.

Some of the major sports news providers in Europe are ESPN, BBC Sport and Sky Sports. ESPN credits itself on being ‘the worldwide leader in sports’ and have a huge network that spans the globe. From covering the action from the football Premier League games to championships in tennis, hockey, motorsports, rugby, and many popular sports, ESPN broadcasts live sporting events from across Europe. ESPN Classic in Europe covers the FA Cup, European Cup, League Finals Cup along with some other games from England

Sky Sports gave tough competition to BBC Sport since its inception. They have played a huge role in the commercialization of British Sports. They too focus considerably on football but have also concentrated on motorsports and golf, having taken the broadcasting rights of the A1 Grand Prix and the PGA tour golf.
Eurosport sports channel is available across Europe in 59 countries in 20 languages making it perhaps the most popular sports news channel in Europe. Not only so they broadcast events such as the UEFA Champions League and UEFA cup in football but also air the prestigious Le Tour de France and other road racing events. Additionally they also cover tennis events such as the French Open and the World Snooker Championships. They also cover the Olympic games.

History of sports gambling

The history of sports gambling in the US dates back to the times when the founders took risks. Back then gamblers bet on cockfights, makeshift horse races and bare fist fights. Colonists and Pioneers that landed in the US from Europe and England in particular had betting in their veins as their ancestors gambled for generations. Therefore “sports betting” was a natural part and parcel of the early American culture.

Today it is obvious that sports betting activities are the rage all over the world. With the ease of online sports betting, it has made the sport all the more convenient and cheaper. Though in the past the sports betting segment was small, today it has permeated almost every facet of society.

Horse racing was popular in the 19th and early 20th Centuries and was enjoyed mostly by the upper class. But horse tracks began to appear after the Civil War and soon gamblers from all sectors of society flocked to these racing establishments. Bookies had a hold over the gambling population and they were setting odds on horses that increased the betting handle. Bookies would lower the odds on other horses to increase their attractiveness when there was a lot of money on a particular horse. By 1920s horse racing had reached a peak with more than 300 racetracks all over the US.

Professional baseball gained popularity in the late 1800s and “pool cards” came into use. The “Black Sox Scanal” which was “fixed” rocked the US and the public received a negative view of sports bettors. Though gambling was illegal most people considered sports gambling to be a harmless victimless crime. College football and basketball also gained popularity with bettors as baseball and boxing. Pool cards were as popular as ever even though the odds of these cards were in the bookie’s favor.

In most US cities, sports gambling activities were becoming a part of life and most youngsters were being exposed to the sports betting industry at a very early age. Some professionals have said, “Sports gambling was getting more popular than hot dogs!” Soon Leo Hirschfield started Athletic Publications that became the sports betting world standard for almost three decades.

Established in 1930 this company set lines in sports events and distributed them to bookmakers in the nation via the telegraph or telephone He also published sports information that helped bookies produce better lines and gamblers make better decisions. The publication that was most popular was The Green Sheet. He was legitimate even though his customers were illegal bookies.

Sports’ gambling was finally legalized in Nevada in the year 1931 and the state’s financial situation which was in dire straits at that time, changed drastically. Legalized boxing and sports gambling activities made it a hot spot for tourists and this changed its economic condition for the better.

A resolution was passed in 1951 by the Congress that imposed a 10% tax on every sports bet. New regulations allowed the bookies to come out of the dark and work openly. Turf clubs were the first legal sports books in Nevada and they were sometimes called “sawdust” rooms. In 1980s Roxborough became a major part of sports gambling and ushered in the technology that revolutionized sports gambling.

ESPN as the television partner of nba to provide sports news.

The National basketball Association is North America’s professional basketball league and is one of the major professional sports leagues of North America. The NBA comprises of twenty nine teams from North America and has one team from Canada. It is also a member of the USAB, which in turn is recognized as the National Governing Body for basketball by the International Basketball Federation. Founded in 1946, in New York City, NAB was initially called the Basketball Association of America. The name changed post their merger with the National Basketball League in 1949.

NBA began making major sports news in the 1980’s when the “Magic” Johnson era began. Attracting more sports fans to their already expanding database, NBA began expanding by adding more franchisees. With the addition of the Dallas Mavericks the NBA had a total to 23 teams in their portfolio with the Lakers being led by Magic Johnson.

The growing interest in the league was further propelled when Michael Jordan joined the Chicago Bulls in 1984. The NBA fever continued to rise and more and more cities began demanding teams of their own. It was in 1995 that NBA expanded into Canada adding the Vancouver Grizzlies and the Toronto Raptors to their profile. Later, the Vancouver Grizzlies were moved to Memphis making the Toronto Grizzlies the only team from Canada. The 90’s was also a landmark in NBA history as in 1996, NBA created the first women’s league with the National Women’s Basketball Association.

The NBA season begins in the first week of November and has a total of 82 games played by each team with playoffs beginning in the month of April. ESPN is one of the television partners for the NBA carrying news regarding the games as well as the players.

The “NBA on ESPN” journey began in 1983 when the NBA games were presented by ESPN through their televised cable network. ESPN continued the NBA sports news broadcasting till 1984. They have again started the NBA games from the 2003 season. ABC Sports aired the games from 2003 until 2006 as “NBA on ABC” till it was taken by ESPN on ABC. ESPN on ABC is the sports brand under the ABC umbrella used to broadcast various sporting events.
NBA games can be viewed on ESPN of Wednesday, Friday and Sunday. NBA Special Edition program is telecast for the days when ESPN has not aired a game or for the holidays.

ESPN also airs one Conference Final each year which is a part of the NBA’s strategy to make them more popular on cable TV. The playoffs are telecast on Fridays, Saturdays and Sundays. Apart from this ESPN also broadcasts the NBA Draft Lottery and the NBA Draft.
ESPN’s main competitor for the NBA games is TNT. TNT airs most of the major NBA games on the other week nights trying to take up a chunk of ESPN’s ratings. It is mostly during the playoffs and the Conference Finals that TBNT garners higher ratings. However, the regular season ratings are almost the same with both the sports news providers.

Can I go to jail for sports gambling online

Almost every gambler who bets online asks the question “can I go to jail for sports gambling online” at some time or the other, because no one really likes to be a law breaker. This is also because it is a known fact that illegal sports gambling can lead to you landing up in jail. However, the answer to this question is not simple because it depends on the circumstances and situations the bettor finds himself in. There is a great difference between making bets, taking bets, accepting advertising, paying the casinos and even buying advertising etc that is why illegal activity varies. Besides, online sports betting and online casino betting also has differences.

Only Federal law and not the state laws have to be considered in the United States. These laws and their enforcement are constantly being changed and each day could have new laws being enforced. The best thing for gamblers or online sports bettors to do is to seek right and appropriate legal counsel for his situation.

The online sports gambler has very little to fear because there is no actual federal law that is against online sports betting. Catherine Hanaway, an attorney in the US admitted that placing a bet online is not against federal law, in a House hearing in 2007. It is a rare case that players are found guilty of violating state laws.

Giant publishers like Microsoft, Google and Yahoo have in the past faced penalties where they did not face criminal charges but only paid a fine. Others were warned against taking advertisement and thus did not face penalties when they obeyed. Smaller publishers were not even warned against taking online gambling advertisements.

Gambling operators do not have trouble if they only deal with casino and poker bets and operate outside the United States. It is important to look at and study all the risks that are involved in every online gambling activity. This means that you should be aware of what is likely to result in a fine or a jail sentence.

The following will help you to be savvy about the legalities of online sports betting. If you take a bet on a server that is in the US itself is an activity that is very risky and you could be in trouble. Taking a bet on a server that is offshore and then entering the US, or taking casino and poker bets from a US client on a site outside the US, helping clients to place bets on a site, accepting betting advertisements for online sports gambling etc means that you are taking great risks and could land in trouble with the law.

Other areas which involve lesser risks are accepting or buying advertising in media that is small for online gambling, buying advertising as a casino, a US publication affiliate or poker room. The gambler who places bets himself on the internet faces little risk.

So finally it all boils down to this. If you are still wondering “can I go to jail for sports gambling online?” then all you have to do is download material, guides, articles, reviews etc that is easy to get online and find out the specific laws which relate to your area, state and jurisdiction as to whether betting online is legal or not.

Online gambling in sports events

Online gambling in sports events has captured the interest of most gamblers in the world. In spite of gambling on sports activities being illegal in most states of the US, except for a few states like Nevada and Montana, sports gambling is most popular with the Americans. Gambling in sports has been made very easy with the advent of the internet. Online gambling can be done from the comfort of one’s home. There are scores of efficient sportsbooks that offer their services at the numerous sports gambling sites.

Gambling in sports activities has been around in the US since the 1920s. As long as there have been sports from the traditional baseball and football games to cockfighting and bare fist boxing, there have always been “bookmakers” on the sidelines taking and making bets. It is of great importance that the gambler finds out all the gambling laws and legality of sports betting before he places his bets online. Nobody wants to be on the wrong side of the law, hence it is prudent to find out the legal issues that concern sports gambling before placing bets.

Online gambling in sports is also exciting and fun. In fact, it is cheaper, time and energy saving. One does not have to travel long distances to the racetrack or casino. The only thing is that the gambler (especially if he is a novice or a beginner) has to update his gambling knowledge and information so as to make informed decisions.

This is relatively easy as there is a wealth of information, technical know-how and data that is available on the net. Apart from this, sports betting guides are also available that give valuable information like statistics, strategies and methods, and reviews of sportsbooks that help the gambler make a wise choice. Weaknesses and strengths of sportsbooks are revealed through guides, reviews and articles so that one can easily assess the honesty, reliability and trustworthiness of a particular sportsbook before choosing to place bets through it.

Other factors that are important are whether a sportsbook has a reputation of fast and quick/timely payouts. Many sportsbooks offer free bonuses, promotion offers, and customer services that are round-the-clock to lure clients. Whether they really are what they say they are, is another matter. Testimonials and reviews by experts and professionals who have had their experiences with particular sportsbooks are therefore valuable and one can make a good selection based on them.

Gambling in sports activities is both fun and thrilling but it also has a dark side to it. This activity can soon become an addiction. It is therefore imperative to know when you have crossed the line. Addiction is a serious condition and a compulsive need. Many gamblers are in denial about their condition, therefore it is important to have a reality check. There are many clues and hints as to whether you have crossed over from being a person who just gambles for the fun, excitement and thrill of the game to a gambling addict. This addiction has dangerous repercussions on the family as well and needs to be treated.

Calculating sports betting odds can reap rich dividends

While betting on your favorite sport, you should not let your emotions guide you towards your bet. Along with good handicapping skills, it is important that you turn into an expert in calculating sports betting odds so as to reap rich dividends when your wager turns into a winning bet.

Whether you love to place online bets from your home in Australia, USA, Europe or any other western or Asian country, you will simply need to read and understand sports betting lines so that you become aware of the risks and rewards involved in each bet. If you do not have anyone to explain the factors involved in understanding or calculating sports betting odds then there are various sites that can help you to do it.

As a novice it might take some time until you can easily integrate all the factors required to read and understand betting odds. However, until then you can simply use free and premium picks offered by reputed websites to guide you in your betting venture.

Although betting lines differ in different sports such as football, basketball, baseball, tennis, boxing, etc and factors too change in sports run by the nfl, nba, ncaa, etc, your main aim should always be to win your placed bet. Your handicapping methods and calculation of odds should also differ based on whether you are betting on college sports or pro sports.

Each bookie will try to incorporate his profit margin in all the bets and offer odds that not only attract bettors to his website but also enable him to make money out of it. On your part, it would be wise to check the odds offered by various sports books before you decide on which odds hold the promise of larger wins and smaller losses in case you lose the bet.

You should read the complete history of all the teams, their players, coaches and even their training methods before you make any move. Today, it is very easy to simply check the performance of each team or player at the click of a button. Your bet will now depend on how well you interpret the available data and compare it with the odds offered by various bookies. If you feel that the underdog team has a good chance of beating the top-dogs and if the odds offered on the underdog team are excellent then you could certainly take an educated risk after calculating your profit or loss in case of a win or a bust.

You can look at various bookie sites that offer sporting odds by simply searching for then through Yahoo or any other search engine. However, make sure to read reviews about those sites before you start betting on any site since you could easily lose your money if you enter into a wrong website. Choosing picks and reading betting lines can be easy work if you know the right way of calculating odds and only play with safe sportsbooks. If you do have a problem then there are also readymade odds calculators available at different sites that can be used without any hassles.

Depending on the sport of your choice and your handicapping skills, you will quickly become an expert at calculating sports betting odds and this factor can help win a large amount of money with a lesser stake. Your betting venture will truly prosper once you place your bets with the best available odds.