Quantity vs. Quality in Sports Gambling

We have all heard a handicapper or sports gambler boast of their ability to win at a 60% or better clip. Is it possible to win at that percentage over a short period of time? Absolutely. If someone is able to maintain that winning percentage over the course of years – enjoy your riches, and I wish you all the luck in the world. Now the truth. It’s not going to happen – forget it, 60% is nearly impossible over any substantial length of time. 55%, maybe, but anyone who claims a 60% win rate over multiple sports and seasons is simply lying – or they are betting a very small number of games. Don’t give up yet however. Below I will show that winning 54 out of every 100 games (54%) can turn a nice profit.

The example below will examine the attainable profits from different amounts a games wagered and different winning percentages of those games. For the sake of argument

someone could claim that they have hit 60% winners betting on sports the past three years, for example. But if they only bet 10 games a year – 30 total over the three year span – and they win 18 of those, I guess they have the right to claim they can handicap sports at a 60% win rate. Technically correct, but a very weak claim.

Wager size $110

Betting $110 to win $100

60% winning percentage over 30 games

18 winners = $1800

12 losers = $1320

Profit = $480

For someone who claims to pick 60% winners over the past three years, and is betting roughly $100 a game – a $480 profit does not look all that impressive. So much for that impressive 60% winning percentage.

Let us now look at a different example. A guy claims that he has hit a conservative 54% of his games over the past 3 years (52.38% is the break even point). However, over the course of that time he bets roughly 3 games per day on all major sports. His total games bet would be 3285 over that time span. Let’s examine his numbers using the same bet size as the so called 60% bettor.

Wager size $110

Betting $110 to win $100

54% winning percentage over 3285 games

1774 winners = $177400

1511 losers = $166210

Profit = $11,190

You can see from these simple examples that it is important to not only look at winning percentages, but also the number of games wagered and the bet size to realistically analyze potential profits. Be sure to take this into account when analyzing your bets, or when you hear outrageous claims of 60% or better winning percentage over a long period of time.

Good luck with your wagers, and I wish you the best of luck this year!

The Dangers Of Gambling Abuse And Addiction

So, how do you know if you or someone you love have a gambling problem?

First of all it’s important to note that compulsive gambling is a psychological condition that makes people unable to control their desire to gamble. Many crave the feeling they have when they gamble and seek this experience on a daily basis, no matter whether they’re on a winning or losing streak.

Compulsive gamblers may start betting small amounts, but sooner or later start to wager higher bets in order to get the same feelings of excitement they had when they first started playing. Compulsive gamblers often feel agitated and restless if they are unable to gamble and can feel a strong desire to gamble when other aspects of their lives are weighing them down. Compulsive gamblers may also believe that gambling is the only way to pay off debts and keep believing that it’s only a matter of time before they hit the elusive jackpot. Some compulsive gamblers may find themselves lying to friends and families and in some cases stealing money or goods to pay for their gambling habit.

Not all compulsive gamblers will exhibit each of these qualities, but if you recognise just a few of these in yourself or someone close to you then it could be time to seek help.

Compulsive gambling is treatable and there are a number of wonderful organisations set up to deal specifically with this problem.

Gamblers Anonymous is probably the most well-known and widespread and is based on a 12-step program similar to that of Alcoholics Anonymous. Members meet on a regular basis to share experiences and listen to each others stories and you will find that there are literally hundreds of Gamblers Anonymous groups situated all over the world. Go to the Gamblers Anonymous website for more information (www.gamblersanonymous.com) or check your local newspaper.

Gam-Anon is another well-respected self-help organization whose motto is “serenity, courage, wisdom. “Their website provides a solid resource into the issues surrounding compulsive gambling and meetings are held regularly. (www.gam-anon.org).

The National Council on Problem Gambling is a government sponsored organization with branches across the USA. The website also has a lot of information which you may find useful. (www.ncpgambling.org).

Other countries will also have their own groups and organizations which may be publicly or privately run. Again check your local newspaper or phone book for more information.

Remember, compulsive gambling is a mental health issue for which there is help and support. If you feel that gambling is dominating your life in a way that is harmful or unhealthy, then perhaps its time to talk to someone about it.

Bring Live Casino Gaming Home with Internet Gambling

If, for you, the worst part about going to online casinos is leaving then your sorrows are over. With online casinos you can bring the excitement of live casinos home with you! Online casino software emulates real casino games so well that you may even forget that you are in your own home and not in Las Vegas! Online casinos have everything that live casinos have to offer, so the next time that the urge strikes you to head to Caesar’s Palace all you have to do is turn on your computer.

An online casino is not so different from a live casino. When you play online you can choose from all of your favorite gambling games. Online casinos offer virtually any casino game you can think of including, but not limited to, slot machines, video poker, regular poker, blackjack, baccarat, keno, roulette, craps and even bingo! The games are played by the same rules as in live casinos and online gambling software is even designed to look just like real casino games! Some Internet casino websites even offer software in which you have a character that must walk around a three-dimensional casino space with other players and choose your games.

It is the belief of many gambling enthusiasts that online casino games are not as exciting as real live casinos because when you play online you are sitting by yourself at your computer and there is no interaction with other players. This is not the case at all! In fact, most Internet casino sites encourage interaction between players, especially in multiplayer games like blackjack, craps and poker.

There are also tournaments in which players compete against each other in all forms of casino games, including slot machines. Online casino tournaments can be a fantastic social experience! When you play in online casino tournaments you pay an entry fee. For this fee you receive a predetermined amount of chips. Each player receives the same number of chips and has a specific amount of time in which they may play slots machines or poker or roulette or whichever game is specified by the tournament. At the end of the allotted time the player who has the most chips is the winner. The prize pot is made up of player entry fees and can be quite large depending on the number of players. Additionally, interaction is encouraged during the tournament through chat software and can make online tournaments a fantastic social experience.

As you can see, gambling online can be just as fun and exciting as playing in live casinos. The best part is you don’t have to book a plane ticket or even leave the comfort of your own home! If you have a computer and Internet access you can participate in Internet gambling twenty-four hours a day, seven days a week! All you have to do is choose a casino online and start playing and you’ll never be sad about leaving the casino again!

How to Be Lucky When Gambling in a Casino, Poker Game, Lottery Or Horse Racing Using Proven Methods

Luck is the most important part of gambling, as anyone who has spent any time in a casino, at the race track betting on horse racing, playing the lottery, poker, blackjack or any game of chance can tell you. Some people seem to be luckier than others and demonstrate the truth behind the old saying, “I’d rather be lucky than good.” How true that is. Good luck will get you through almost anything and no matter how deep you may appear to be in the soup, you may come out smelling like a rose if you have good fortune.

Of course, most people believe that it is impossible to change destiny or fortune so it is impossible to control your luck, but that may not actually be the case. Science has demonstrated that there are times when people win more and lose less. In his book, “The Conscious Universe,” Professor Dean Radin analyzed the results of four years of data from casinos. He was looking for a correlation between the phases of the moon, strength of the Earth’s geomagnetic fields, and casino payout percentages. During the full moon the Earth’s geomagnetic field is usually at its weakest. Professor Radin believes there may be some connection between the Earth’s magnetic fields, the moon, human psychic ability, and gambling.

One scientific study that Prof. Radin mentions in his book did demonstrate that people seem to be more psychic during the full moon, then their abilities seem to wane during the quarter moons and increase again during the new moon. This fluctuation in psychic ability seems to also follow luck because four years of casino data showed that payouts increased at the time of the full moon and decreased at other times for most casino games studied. Perhaps our intuition or psychic ability really does help us to win, whether it is picking the slot machine that is about to pay out, or knowing whether to hit a 13 at the blackjack table, or which horse will win the race. Poker players can certainly use intuition to their benefit.

The conclusion he reached was that if gamblers avoided the casinos during the quarter moons and gambled around the time of the full moon, they would decrease their losses or even win a profit. Of course, these are just generalizations and should not be considered an inducement to gamble, but they show promise for really understanding how to be lucky.

Lotteries showed a different trend. It appears that Pick 3 style lotteries pay out more during the times of the quarter moons and lower payouts during the full moon. Fluctuations in the magnetic fields of the earth, once again, seemed to have an effect. While the phase of the moon or strength of the earth’s fields will not guarantee you a winner, it may be a good idea to start making your winning and losing days on a calendar and watch where they fall according to the moon’s phases.

Other studies have shown that when people have a positive attitude and expect to win, they actually do win more often. That makes sense, doesn’t it? If you expect to win you may make choices that will have a positive effect. For instance, if you are in a casino and looking for a blackjack table and expect to lose, you won’t be too fussy about which table you sit at. But if you expect to win you may take more time selecting the table and finding one where the gamblers seem to be happier and smiling, meaning they are winning and the table is paying out better. You may not do it consciously, but you could do this and other things subconsciously just because you have a winning attitude and expect to win. We make a lot of choices when gambling whether we are at the race track betting on horse racing or choosing a place or game in a casino or even selecting lottery numbers.

So my advice to you is that you keep track of your winning and losing days and the phases of the moon. Also, keep a positive attitude. If you expect to win, perhaps it is a good day to take a chance, but if you expect to lose or just don’t feel lucky, maybe it would be better to save your money until you feel the earth’s fields, moon, or just plain old luck are working for you.