In Football Betting – Are the Punters Betting Against the Bookmakers?

Most punters believe they are betting against the bookmakers. In fact, they are betting against their fellow bettors. This is represented by the fluctuations of the odds.

Why do odds change? Odds constantly change on an outcome in a particular game in response to:

* number of bets and

* amount of money staked

This is why you can see odds around 2.10 in the morning and get only 1.90 later in the day. For example, if $1000 is staked on Home win, the price for Away win will then go up to make the Away team more attractive for the punters to bet. Through the adjustment of the odds according to the market conditions, the bookmakers’ objective is to balance their books for that event.

Bookmakers do not gamble. They charge a certain percentage of margin for each bet and as long as their books are balanced, they win irrespective of the match outcome. The bookmakers set the odds according to demand and supply to balance the action from all sides and because of the margin, they always win.

In the event a bookmaker could not balance his books through odds fluctuations, he will then reduce his risk by transferring some amount of the bets wagered to other bookmakers that have odds better than his own. This is known in the industry as ‘farming out’. Thus, besides the punters, sometimes the bookmakers also trade on the betting exchanges to balance their books.

If the imbalance of money staked in an event is too great, for example, due to rumor of fixed matches, etc, the bookmakers may remove the event altogether.

So the punters are betting against each other. This means when punter Mr A wins in an event, his win is actually paid for by losing punter Mr B.

This cast the bookmaker in the role of a broker who takes commission on the market and funds the winners from the losing bets.

Jonathan Little Secrets Review

Jonathanlittlesecrets.com is a training site that was created by two-time World Poker Tour Champion Jonathan Little. This site includes a 41-minute video that reveals his closely guarded secrets to No Limit Texas Hold’em. Little researched the subject thoroughly before being able to create a stable income from playing the same tables as the world greatest poker players. Jonathan and his staff of world-class players created this site and it is well-known for being one of the best poker training sites available. The training video, Jonathan Little Secrets, will help you fix any flaws in your game so that you can dominate your opponents in sit-n-go tournaments, multi-table tournaments, and cash games.

Little, who was a psychology student at the University of West Florida, let his interest in poker grow into a profession. He researched and studied many poker theories and books to perfect his own skills. These skills gained him an initial bankroll of $35,000 online within a six month period. He decided at that time to make a career out of playing poker as a professional. His career has earned him the title of World Poker Tour Champion on two separate occasions. These experiences gave him the knowledge and skills needed to succeed. They helped him to find and fix flaws within his own playing and also helped him to be able to read his opponents. He has decided to share those skills with other poker players by writing books and training courses and distributing them online.

This 41-minute Jonathan Little Secrets video will give you special strategies that you can use to learn to monitor your own plays. It is important for any poker player to be able to notice when he or she is making mistakes. Amateur style playing will get you nowhere on a consistent basis. Therefore, you need to play like a pro. To do this, you need to learn how to bluff, how to fix flaws in your own playing, and be able to read your opponents. Understanding opponent weakness can help you build your own profits. It is also important for you to be able to know how to play the games completely from any position on any table. The tips and tricks in this video will give you that knowledge.

It does not matter whether you are a beginning poker player or a seasoned professional, it will benefit you to view step-by-step video designed to enhance your performance. Jonathan Little Secrets does just that. The video contains his closely guarded secrets that helped him be able to win countless times and to create a steady income as a professional poker player. You will be able to use the knowledge you gain from this training video to play live and online tables. Who knows, you might even be able to go on to sit in one of the expensive buy-in seats in the World Series of Poker Tournaments.

Wisconsin Casinos, The Top Three

I have been gambling in Wisconsin since I was 16 years old! I snuck in for two years straight. After legally gambling at the age of 18 for a few months they moved the age limit up to 21. So I was forced to sneak in for a few more years. I only played blackjack. I hate slots and it would be my luck to hit a jackpot and not be able to claim it because I was under age. So, since the age of 16 I have played at nearly every casino in Wisconsin. I am a diehard gambler and many times when I was just 16 I would drive 2 hrs to Ho Chunk casino. All the time at risk of not getting in as I was only 16!

So lets start with my favorite and move down.

1. Oneida Bingo and Casino in Greenbay WI.

Oneida is like Las Vegas in Wisconsin. Well not quite, but they do have nearly all the games Vegas offers. Blackjack, Craps, Let it Ride, Roulette, Caribbean Stud, Bingo, POKER! And a sports book. Poker and the Sports book are just down the road at their Mason St casino and you can take a shuttle back and forth. Oneida is one of the only casinos in Wisconsin to offer all of these games.

2. Potowotomi Bingo and Casino

The “Pot” has Blackjack and Craps, Let it Ride, Roulette and POKER. They are however always packed. Located near downtown Milwaukee and being a newer casino they are always busy. It can be difficult to get on a table. They do have a nice little poker room. They also have some great food at the “Firepit” sporstbar and grill.

3. HoChunk Bingo and Casino in Wisconsin Dells

“The Chunk” was great for a while. At one time they had the first poker room in Wisconsin. And they had a variety of games for a while. When it came time to pay Uncle Sam they decided it wasn’t worth it. So they lost the poker room and variety of table games. Now they just have Blackjack, Slots and Bingo. It is a great casino to visit when vacationing in the Dells, but if driving from Milwaukee I would choose the 2-hour drive to Oneida over “The Chunk”.

Enjoy

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.