Sports Betting Sucks – Why Do I Keep Losing?

If you find yourself saying that sports betting sucks, then you really need to learn sports betting secret #3.

Sports Betting Secret #3: Keep Your Emotions In Check

Like I said above, this is something that is much easier said than done. This is the part that kills most sports bettors. Sports betting, in theory, should be 100% logical. You set up some rules and you follow them 100% of the time. However, it can be very difficult to not get upset if you are losing; especially if you are betting a lot of money.

But if you understand the law of averages, you will know that losing streaks sometimes happen just like winning streaks happen. Losing money can be a very emotional thing for people. As much as I advise people not to, they often bet money that they cannot afford to lose. NEVER DO THAT. Then they start making panic bets hoping to get lucky, and that almost never works out.

You have to set up your betting system so that you will not let your emotions get the best of you. This includes proper money management so that you are not betting with money that you cannot afford to lose. This also includes sticking to the system and commit to only taking the bets that the system tells you to take. That way you will be able to set your emotions about the games aside. You want to run your sports betting as if it was a business, not entertainment.

I have found that merely starting to view my sports betting objectively as a business, has helped me completely detach my emotions from the betting. And right at the time that I was able to realize this, I really started having a lot more success as a sports bettor. I firmly believe that mastering your emotions so that you can effectively handle the ups and downs really separates the sports bettors that make big bucks and those that do not.

Article Marketing, Online Submission Sites and Gambling, Bingo and Casino Categories

Should online article submission websites have gambling categories? Well some advertisers do not like them much or care to be associated with them. Why you ask? Well for many reasons really one reason is that many of the Online Gambling Websites are illegal and operating outside the law. Some have set up servers in foreign lands and allow illegal gambling on the Internet to people in states who have outlawed gambling for the citizens of that state.

But that aside should online article submission sites have Casino, Gambling and Bingo Categories? If they broke up the sector they could indeed separate out the various elements of the Industry Sector. You know it seems to me that Bingo Night and bingo supplies is not really the type of Gambling that any Advertiser would care about anyway.

Could it be its own special category? Bingo although I guess is gambling could just as well go into the Business Category of Fundraising? Since so many non-profits use this a way to make money. I wonder if such Bingo Articles belong along side online gambling sites?

Bingo is certainly not the same as online offshore gambling or Casinos. Of course some Indian Casinos do in fact have Bingo because maybe their states do not allow full on gambling. Interesting the sub-category issues.

State Lotteries are also gambling and I am sure the Advertiser would not mind about that either. And it is legal gambling and the profits from State Run Lotteries often go towards education too. Apparently this subject has so many various sides too it. Well, knowing the entrepreneurs in the online article submission Internet sector, well I’ll just bet that new sites pop up to handle such gambling categories. Perhaps we should consider this in 2006.

Do You Need to Purchase Registered Agent Service for Your Business?

Registered Agent services aren’t cheap. Many companies charge $100-125 per year to act as your agent. So it’s important for you to know 1. Do you need a Registered Agent and 2. Should you pay for one.

What is a Registered Agent

Every state requires that an LLC organized under its laws have a registered (or resident, in some states) agent at a physical location within the state. The purpose is for the government to be able to deliver official documents to the LLC. The most likely documents are tax forms and notice of lawsuits.

Basically, the Registered Agent is the place and person within the State’s physical jurisdiction on whom service of process can be done. The State wants a physical person and place within their borders whom they can go to with taxes and lawsuits.

If you are forming an LLC in the state where your business operates, you can simply use your business office address. In this case, you are your own Registered Agent. This is the most common arrangement. Even if you operate your business out of your home, you can use you home address for official service.

When do you need to pay for a Registered Agent service?

If you don’t have a physical location in the state where you formed your LLC, then you’ll need to appoint a registered/resident agent within that state to receive official documents.

Example: You live in Missouri, but you formed your LLC in Nevada (there’ll be another post later about why this may or may not be a good idea). Nevada is going to want a registered agent that is located in Nevada to be able to serve with official papers–a.k.a. lawsuits and tax notices (while Nevada has no state income tax, they do have business taxes, for example on gambling). If you don’t have a house or office in Nevada to receive these papers, you’ll need to hire someone who does to accept these papers on your behalf. This person is a registered agent.

Many incorporation companies will, for a fee, act as your registered or resident agent.

Small Business Debt Collection

Debt collection is important for all businesses, but it is much more important for small businesses.  A large business or corporation can better weather the ups and downs of economic cycles, because they have more financing options.  A small business on the other hand may not have as many options and one bad debt can send the company into bankruptcy.

It is extremely important that small businesses have an action plan for debt collection.  Without a written out plan, you are gambling with your business and its ability to stay out of bankruptcy.  Many businesses could have foregone bankruptcy during the financial crisis with a proper plan of action.

How do you decide what is the proper plan of action for collecting your old accounts receivables?  When is the time to start collecting and stop extending the terms?  This can depend on what type of business you have, but a general rule of thumb is the earlier you start, the better your chances of collecting the debt.  Take a look at the chart below to see the chances of collecting versus the age of the debt.

As you can see, the earlier you are to act, the better your chances for collecting the account.  The crucial time for debt collection is at 90 days past due.  The percentages drop by almost 25% and the debt becomes very hard to collect.

You should do all you can as a company to collect the debt before the 90 day mark, but make sure to turn the debt over for collections before the 90 day mark.  This will allow the collection agency to do their research and act on the debt before it gets to the 6 month time period.  It is very difficult to collect a debt if it goes past 6 months.  Most collection agencies will not waste their time with a debt this old.  It is hard for a collection agency to stay in business, because the odds of collecting are so low.

I wish you well in your small business affairs and I hope that you are able to collect all of your bad debts.  If there is one thing that you take from this article, make sure you act sooner than later, your business success might depend on it.

Make Money On Sports Betting

Millions of people participate in sports gambling each and every day. The overwhelming consensus opinion is that it is impossible to win money from sports betting. While it is true that it can be extremely difficult to make money on sports betting, it is not impossible.

One comparable is the stock exchange. So many people lose tons and tons of money on the stock exchange, but so many people are millionaires because of it. The same applies in gambling. Every system in our society has inefficiency. If gambling, or any other business were perfectly efficient, then there wouldn’t be any reason for anyone to gamble on sports.

If you’re currently failing to make a significant profit in sports gambling, the main thing you should try and do is better control your bank account. Let’s say you have $100. You’re probably wagering between $10 and $25 per bet. Lose a few bets and you’re done. To remedy this, never bet more than 1% to 5% of your bankroll. This will allow for sustainable growth over time rather than immediate spikes or dips in your account.

You should also try and analyze your bets extremely thoroughly and give them star ratings, or confidence ratings on a one star to five star scale. A five star bet may be a $5 bet, whereas a two star bet may only be for $1. Assuming you’ve done your research correctly, your five star bets should allow you to make profit over the one or two star losses that might come.

But you need to make sure you’re doing the proper research necessary. This may be an all day activity, figuring a consensus on the game, as well as keeping up with injury reports. If you don’t think you can do this, then there are definitely other options. These are sports betting systems, and sport handicapping services.

For example, an NBA betting system may say that when a team loses three straight on the road and are at home their next game, bet the spread. Systems like this often have great success, you just need to find the right system because there are so many scams in this industry. The same goes for sport handicappers. Find the right one, and you can hit on 60% – 65% of your games, but finding a bad one-which is much more likely- and you can lose your whole bank account.

Sports Betting Revolution – Unlock the Spread Monopoly and Collusion

What If the betting line or spread was established by four sports advisory companies without collusion or previous knowledge of each others numbers!

Lets face some facts about this number or point spread that usually comes from one Sports Advisory Group. This number is sold or distributed to the sports betting outlets online and the legal Sports Books in Nevada. These outlets put their little tweak on the line by 1/2 point or 1 point or an extra $5 on the money odds. However, everybody will post their number which is the same or within a point of each other. This is the equivalent of price fixing and collusion in any other industry.

How come the Sports Betting Industry has the same price or spread on their betting board? WHY – because nobody wants to rock the boat!

What if this process of establishing a betting line was not a monopoly but was provided by at least four sports consulting groups that were independent of each other. Each group would then post their calculated number for the worldwide sports betting outlets to buy and use for their operation.

This new mode of operation would unlock the monopoly that exists when the line is established. Now what happens? Would some books dare to post numbers that are different from others by 4 or 5 points either way. I doubt it since nobody wants to rock that boat. Is this collusion by the sports books so they can keep their share of the market and not create a price or point spread war.

The process of constructing the point spread number is probably done through a software program with all the statistics and other information to get a base number. Then the actual number is refined to include public perception as to where the public will place their money. It is no secret that Sports Books speculate or predict at what number the public will be evenly divided.

There are a number of times when the line is not even close to the final score. They do come close about 65% of the time. However, when the spread is minus 7 and the favorite wins by 21 points or the underdog wins outright, their number is way off.

If that minus 7 point favorite is listed at minus 11 points at another outlet would there be a Revolution among Sports Book operators. Would this difference of opinion cause a lot of anxiety with casino management. I am sure they would question each others actions after doing the same thing together all these years.

For a true and balanced market to emerge in any industry, there should be some options and competition among the players involved. A Betting Exchange is very close to a more balanced betting market since the competition is against other bettors. The spread is the same but the money odds are much better with more options.

If the Sports Books in Nevada and online books decide to re-arrange their Sports Book operations to include some alternatives to the spread, they will increase their handle and be more competitive. I would install some form of Spread Betting that is big in Europe. Allow more options with alternative lines and charge a little more vigorish. Some online books have alternative run lines on baseball. They post the run line at minus 1.5 runs on the favorite and underdog in the same game.

The Sports Betting outlets need to become more innovative to maintain a market share. We know they probably will not “rock that boat” unless one or more sports betting venues develops a rogue or maverick mentality. This would be a big gamble that could payoff and increase market share. However, it is ironical that sports books do not want to be in the gambling business. They just want to collect their commission and avoid too much risk. They are more concerned about the heavy hitters than the small average recreational bettors who lose more often.

Promoting or seeing changes in any financial markets is similar to getting people to stop smoking or obese people to lose weight. Change is difficult for a lot of people and businesses. As they say “talk is cheap”. However, I feel technology is becoming more prevalent in Sport Betting industry. Hopefully, it will create a more vibrant market with better options and more competition within the sports betting community.

The Big 3 Factors in Choosing a Sports Handicapper

Are you a sports fan who likes to bet on his favorite team? Are you a casual bettor or do you bet on sports seriously? For casual bettors who enjoy plopping down a few bucks on a game of interest, there is not so much a need to pay for a professional service that provides betting advice. It’s just a little money on an interesting game, and it makes spectating a little more enjoyable. But for those individuals who take their sports betting seriously, they may want to consider hiring a sports handicapping service.

In many cases, it can make sense to hire a handicapping service, but you need to understand exactly what you are paying for. You’re not hiring the handicapper (also known as “capper”), for some additional counsel. They shouldn’t be viewed as just another opinion. If you are going to pay handicappers, then you should take their tips and bet them accordingly. Picking and choosing which bets to play may not be the best strategy.

So let us assume you have made the decision to hire a capper because you are serious about making money in the world of sports betting. What should you look for in your search? Although there are many similarities in the various cappers, there are also some differences as well. In this article we will review three of the most important considerations.

Look for an Experienced Handicapper

There is an old saying that there is no substitute for experience and that is very true in the world of sports handicapping. Make no mistake that capping sports games successfully takes a lot of hard work. There are many variables to consider and these guys need time in the business to really figure out how to do their jobs effectively. That usually involves many years in the business. Thus, look for a handicapper with at least ten years of solid experience handicapping sports.

Find a Handicapper Who Posts Results Publicly

In the business of sports betting, there are many handicappers who prefer to keep their identities and results private. That may serve their own needs well, but for me, I want to know who I am hiring and what their track record for successful capping has been. Look for someone who isn’t afraid of being transparent, if not with their identity, at least with their results. It is common knowledge that even the top handicappers are only successful 55-60% of the time. Make sure the handicapper has a success rate of a minimum of 55%, so that you can bet profitably over the long run. After all, you are paying him for his expertise and he should therefore be willing to own up to all of his picks.

Ensure the Pricing Structure Fits into Your Budget

The bottom line in professional sports betting is making money. The bookmaker must get paid. The handicapper must get paid, and you, the bettor, wants to get paid too. Before you hire a handicapper, make sure you have a complete understanding of his prices. Are you paying for a subscription? If so, how long does it last, and is the renewal rate the same? Calculate the handicapper’s fees into your formula to determine how successful you need to be to profitable. Higher priced handicappers are more suited for the bigger bettors.

Conclusion

Who is the best sports handicapper? The answer may surprise you. There are quite a few good ones out there. If you choose one that has been capping for at least ten years, posts their results publicly, and has a fair pricing structure, then you have done your homework and are ready to dive into sports betting with a good partner.

Attraction of Online Casino Games

Numerous conventional gambling businesses assembled on the sidelines as the Internet nurtured and faltered to get benefit of the fresh equipment for their industries. It wasn’t awaiting 1996 that a corporation named Inter Casino switched on the earliest online game. After the primary online gambling site had released, many corporations started hurrying to link in on the deed.

One of the basis casino games online

Turned into attractiveness is that competitor can participate from everywhere? You don’t require travelling to a casino game location in command to participate casino games. The increasing fame of poker as well added to the status of online gaming sites, since it was very simple for individuals to play at these casino games online and they developed rapidly. Individuals adore gambling and casino games online authorized them a simple means to perform it. Casino games online will give so much pleasure that it will be almost impossible to leave it. Not just that casino games online is one of the most clearable games in the world.

Hundreds of first-class online game to decide from nowadays and to discover the precise site for you might appear like an unbelievable mission. However, lessening down the characteristics you are searching for will assist you locate the ideal casino games online fit for your desire. Ahead of searching for justifications, it is as well significant to identify which sites are legitimate and lawful and which sites are not. It is hard to declare accurately what creates an exceptional online game since diverse individuals have diverse main concerns in views to what an online game casino must present.

Casino online lead is separated into diverse segments to formulate it simpler for you to hastily and simply locate the sites that you really fascinated. Whether you are a gambling novice or a casino expert, it is certain that you’ll discover this casino channel a priceless source. There are online sites as well that has casino gaming volume that contains casino tickets to keep you cash when you visit them.

Unlawful Internet Gambling Enforcement Act

At the time that Unlawful Internet Gambling Enforcement Act turned into an authenticity in year 2006, it developed into significantly more rigid for USA casinos online to admit performers. However, it is a delusion that online gaming casinos have turn into prohibited in USA. If you are not from USA you can also play in USA casinos. It will be a dream come true if you can play in USA casinos.

USA casinos are the residence of site gamers and there are quite a few casinos online where you are able to locate some high category casinos where US players are authorized to participate. The precise lawful condition regarding to USA casinos online differs from every state but despite of your dwelling state whichever rule touching casino online games used to influence the casinos and economic establishments and not the participants themselves.

Many online sites offer a usual information index of online casinos which willingly admit gamers from the USA. Nevertheless, they don’t register the entire casinos that admit US players; they merely attribute appreciated and trustworthy casinos. Those sites are devoted to supply data for USA casinos gamblers to discover casino sites that still accept them.

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.

Common Online Gambling Games

It was 1994 in the tiny island country of Antigua and Barbuda, a certain law was passed which made the location a legal jurisdiction, allowing it to issue gambling licenses. This law paved way for online gaming and until today, most gambling companies would base their business in the country to utilize their license.

The gaming software came years before the commencement of online gaming. An Isle on Man-based software company called Microgaming developed the first fully operational online casino software which gave birth to many online gambling sites. Whereas Cryptologic, an online security software company, provided the indispensable software which made internet transaction safe, secure and workable. By 1995, the first online casino was launched.

Like many things that did not have a smooth start, the launch of online gambling also met many obstacles. One major problem it met along the way was the legality of the trade. The very idea and concept of online gambling was opposed and resisted by many and especially in the United States. Senator Jon Kyl of Arizona for several times tried to prevent American citizens from gambling online and also promoted anti-gambling campaigns.

Recently, on September 30, 2006, the US Congress passed a bill stating the it is illegal for banks and credit card companies to process payments from US residents to online gambling companies. This bill later became a law which President Bush signed on October 13.

But although online gambling have up to now been fought against by many individuals, organizations and even the government, many are still captivated by the allure of this addiction. Thus despite all the disputes, supporters and players around the world are hooked in participating to online gambling. Most common online gambling games are:

  • Online Poker, or Internet Poker, is known to be partially responsible for the dramatic increase in the number of poker players worldwide. Online poker tables mostly host games of Texas hold ’em, Omaha, Seven-card stud and razz, both in tournament and ring game structures.
  • Online Casinos utilize the internet to play casino games roulette, blackjack, pachinko, baccarat and many others. Internet casinos may also be divided into three groups according to their interface: Web based casinos, Download-based casinos, and Live casinos. Web based casinos are played without the need to download software for playing games. Plug-ins must be installed in the browser to accommodate such games. Download-based casinos require clients to download software in order to play and wager on the casino games offered. The software connects to the casino service provider and handles contact without browser support. Whereas Live-based casinos allow online players to play and interact with the games played in real world casinos. In this setting, players connected online could see, hear and interact with live dealers at tables in casino studios around the world.
  • Online Sports Betting, where there are a variety of sporting events that a player could wager over the internet like fixed-odds gambling. Wagering or betting could be done through Bookmakers, spread betting firms and betting exchanges.
  • Online bingos are also available via the internet. Also for Mobile gambling, there are now developments in the utility of wireless and cellular devices in gambling notwithstanding the raucous debates for gambling online.