Today Bloomberg reported Michael Schwimer, former Philly pitcher is starting a handicapping service. What’s funny about this story is, Michael hates the handicapping business… was quoted by bloomberg.com here saying it’s “just awful.” Well, fellow hustlers, that didn’t stop him from opening up shop right along with alllllll the other handicappers!
I personally feel the Handicapping business gets a bit of a bad rap, people buy sillier things. Love spells, psychic advice, creams that will never make your dick hard, porn and even worthless stock advice. So is paying for wagering advice that crazy?
At HandicappingWebsites.com we know how big the sports betting market is. The cool thing about sports betting, unlike the other silly life expenditures is if you actually win you get paid.
I think if you are a successful person and looking to make profitable moves sports betting, you absolutely should hire an expert. Just like you do in your day job, they’re gambling every day, you’re at work working.
I think most view handicappers as scammers. Its an industry with a nasty underbelly but that doesn’t mean there are not gifted handicappers with strong information you can profit from.
Many handicappers take action. Even it’s just the other side of the game with a friendly wager between friends. But this my friend is in fact bookmaking or being a bookie. Back in the day, I was living a bookmaking dream in Las Vegas building my bankroll, taking action then using where I lived in Las Vegas and turning around and I would post up the money booking any bets I couldn’t cover from my personal bankroll.
Currently, because all the new legalized sports betting is the bookie game finished? I think not, because the “I’ll pay you Tuesday for a wager today” is alive and well. Back to my story, I still have friends paying me back on these silly deals, $5000 on the Super Bowl that didn’t go well… For them 😉 So I think the Bookies future is very secure.
Just like handicappers, I have seen many bookies get broke. Good bankroll management still applies.
Move over Handicappers, with sports betting becoming legal all over the US the handicapping market has started to really grow and now high tech, Bitcoin miners and smaller investors had started to take notice. Now like poker the sports wagering market has been flooded with smarter bettors and better marketer drowning out the voices of longtime handicappers.
Other than being a cool word lots of people hear only in gangster films, the “vig” is something most people don’t understand. Short for “vigorish,” the vig is nothing more than the tax or profit margin a sports book works with when accepting bets. When it comes to sports betting, the standard vig is 10 percent and generally is represented by “-110” when reading the lines at sportsbooks. What that means is, if you want to win $100, you have to bet $110. If your bet wins, you will collect your $110 wager plus $100 in profit. If your bet loses, you paid $110 for the chance to win $100. In most sports bets involving either a side or a total, -110 is the most common vig attached to a wager, but the vig can change in order to encourage wagers on the opposite side. If the vig is -115 for one side, it will be -105 on the other. A -120 vig means the other side will have even money in which $100 wins $100 while those wanting the -120 would need to lay $120 to win $100.
While basketball and football betting lines are based on the scoring differential between two opposing teams, the way betting lines are set up for baseball and hockey are different. Because scoring is so limited in baseball games and hockey matches compared to relatively high-scoring football and basketball games, it would be nearly impossible to come up with truly effective betting lines based on differences in team scoring. Most lines likely would be within a couple runs of the other team in baseball and nearly impossible to place at other than one or two goals in hockey. So instead of using traditional side bets for those two sports, odds-makers have bettors place wagers based on which team will win with the vig adjusted accordingly. Totals bets for scoring essentially are the same for all sports, but the side bets do differ.
In case you didn’t know, there is a beautiful hidden secret in the world of sports betting and it is called the Caliente Group just a few setps south to San Diego. There are a few American’s who know about this group because, 15 percent of the Caliente Group’s profit comes from American bettors. 60 sportsbooks is what they offer to bettors and many of which are short trekked from cities like Tucson and San Diego. Why have you never head of them? There just isn’t much written about them. Again, it is a beautiful hidden secret of the “libro foraneo,” which means the “foreign book” in English. While, many of their sportsbooks are spread throughout various locations, Tijuanais home to 12 sportsbook locations. American business could be as high as 40 percent in these locations.
So what happened? My buddy calls me and tells me he slam dunks nearly 20k after 3 weeks playing on the
I have heard about DraftKings, but I had no real idea you could win so much.. Congrats to my buddy Jesse who won $17,000 playing DraftKings.com daily fantasy sports. There is a weekly football contest where the top prize is $100,000. Entry only costs $27. Payback percentage might be over 100%. Forget sports betting! check this out> >