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A Primer on Sports Betting: How to Win Big

One of gambling’s oldest and most popular forms of placing bets is on sports. In the early days, sports betting seemed to be primarily on horse racing. However, today, it seems that you can gamble on any type of sport imaginable. American Football, NBA Basketball and soccer from every league in the world is proving to be extremely popular. Sports betting, allows punters to mix their passion of their preferred sport and gambling together. It gives the punter a chance to put their money where their mouth is, in the hope that their knowledge of the game will help them predict the outcome and win some money. Many people will only bet on their team they support to show loyalty. Sports betting can change a dull or one-sided fixture into the highlight of your day. With gambling becoming increasingly legal in many countries around the world it seems whether you like it or not, sports betting is here to stay. There are many sites online nowadays that allow you to gamble on sports or slots, like eye of horus which is available 24 hours a day 7 days a week. 

 

How Big Is Sports Betting?

Over the past few decades, the popularity of sports betting has been growing to new heights. Considering the first sports book was published online in 1996, the speed in which the industry has developed is incredible. In the United States, during 2013 the market size for legal sports betting was worth approximately $240 million US Dollars. However, the legal sport gambling sector was estimated anywhere from $1.5 billion to $11.8 billion dollars. Although, the exact figure for the illegal sports gambling market is impossible to give an exact figure, the estimations are staggering. Experts reckon if sports gambling was legal throughout all the states in America that the value of the market could be worth around $16 billion dollars per year. Legal sports betting investors claim today, with more states legalizing gambling, that the industry will be valued at $7 billion to $8 billion US dollars over the next five years. Many online casinos that offer slot games like blackjack online, are branching off into the sports gambling industry these days. 

 

Benefits Of Sports Betting

Sports betting can be extremely entertaining for those who take part. Whether it’s a day out with your friends at your local pub to watch your bets on the Premier League football matches, or, if you have a box seat at Wimbledon for the tennis final in London with your betting ticket in hand, sports betting can seriously add to the rollercoaster ride of emotions sport entails. The thrill is hard to come by in any of the other investment classes. Not many people invite all their friends over for pizzas and beers to watch the stock market channel. 

 

In many countries sports betting is tax free, which is a dream to any investor. Many governments cannot tax sports betting profits because they would have to allow equal tax credits for gambling losses. 

 

The Difference Between Investing In Stocks To Sports Betting

 

Unlike betting on the stock markets, sports betting unfolds in front of your eyes if watched live. This transparency gives the punter a view of exactly what is happening with their money. In soccer for instance, many of the bigger games will have team information, statistics, player and manager’s press conference before and after the games, TV interviews with players and coaches, former professionals and presenters opinions on the game, live commentary throughout the game and injury updates. It seems these days the amount of information on games and players appears to be endless. Many players use social media platforms nowadays to update fans on their physical condition and often post videos of themselves working out at the gym or going for a jog. Most stadiums now are fitted with lots of cameras with views from all angles in High Definition so the viewer doesn’t miss a thing. Nowadays, with the use of technology, sports are becoming even more regulated. In tennis, Hawkeye is available to the players which allows them to challenge an umpire’s decision. In soccer, VAR (Video, Assistant Referee) is available. This allows the referee on the pitch to get advice on a decision they might be unable to see. A group of referees with screens will be able to replay the situation in slow motion numerous times until a decision is made. As it’s impossible for the referee and assistant to watch all 22 players on the pitch at once, this new technology has proved very useful. Similar technology is seen in many sports these days including Rugby, Ice Hockey, NBA and Baseball. This gives the punter certainty in their investment. It also reduces their chances of feeling cheated.

 

Sports betting is recession proof. Even if inflation rises, a war starts, a famine starts, none will affect the odds of a game. Games are completely independent to all the variables outside the game. 

Sports Betting Is Always Available

365 days a year, it seems to be possible to place your bets on sports. Fair enough, it might not be your preferred sport or league, but with the advantages of the internet you can gain access to sports and leagues throughout the globe. Even during the world’s current crisis when it seemed the entire world was on lockdown, you could still find games being played and online bookies ready to take your bet. Sports betting is limitless. 

 

Can Sports Betting Make You Rich?

Like any type of gambling, in the long run it is rare that people will make a profit. If your friends are consistent gamblers, it’s likely you only hear about their wins! Winning is something many of us like to boast about, losing is a topic most of us try and avoid. However, many punters have had their fair share of life changing wins. Sometimes making large sums of money predicting odds on sports, but unfortunately the number is small in comparison to those who cling onto the dream of a big win. In 2016, Leicester City were at 5000/1 to win the Premier League. The lowest odds given to any club in the league that season. They managed to come first and bookies all of the UK had to pay out those lucky punters. 

CORONAVIRUS Sports Tracker: Frequent Updates

The widespread coronavirus outbreak has impacted professional and collegiate sports across the nation.

Most recent at the top….

Hey, finally some good news!

—-
THE MASTERS is now postponed. Could mark first time in history that the tournament is not played in April.


—-

THE PLAYERS CHAMPIONSHIP is now cancelled, along with every PGA event till the first week of April.

…..

Charles Barkley is among the latest to self-quarantine.

 

The Heat are working on something to help arena workers. More details to come.

 

Some NBA teams are doing the right thing.

 

Dwyane Wade doesn’t understand what the local school officials here are doing.

 

The XFL has caved. So much for the rebirth… for now.

 

It’s now infecting international soccer.

 

NBA will be suspended for 30 days.

Essentially that means the regular season is over.

 

Goodbye March Madness.

 

More details on the NBA coming soon.

 

Dan Gilbert is ahead of Micky Arison on something.

One league seems intent on outlasting all the others.

The entire ACC has postponed spring practice for all teams, which may also put the Hurricanes spring game in jeopardy.

 

Fans of the Marlins will have to wait a few extra weeks…

The American Airlines Arena has canceled all major events for the rest of March.

 

There will also be no NFL Spring meeting in Palm Beach for the time being.

 

 

The National Hockey League has suspended their season as well.

 

 

 

The Florida Atlantic University basketball season is over….

NFL now headed for a shutdown. Hard to see how free agency proceeds as scheduled…

So much for that InterMiami home debut.

Yes, it is already affecting prep for the NFL draft.

We are now waiting on the NHL.

A second NBA star has been diagnosed.

 

After it was learned Utah Jazz center Rudy Gobert tested positive for the virus, the NBA has suspended the season indefinitely.

 

The NCAA had already announced that all men’s and women’s basketball tournaments would be held without fans.

 

Locally, besides the Miami Heat other sporting events are being cancelled or postponed including the upcoming Miami Open.

 

NBA Lottery Watch Party! Tuesday, 7 p.m.

We will win one of these eventually.

It probably won’t be Tuesday night, when the Miami Heat have a 4.8 percent chance to get in the top 4 of the 2019 NBA Draft — and a 1 percent chance of the top pick, which could mean Duke forward Zion Williamson.

But we’re trying anyway.

We will hold our 11th official Five Reasons Sports watch party, this one co-sponsored with Miami Heat Beat.

This one will start at 7 p.m., at Tap 42 in Midtown Miami.

tap 42 midtown 2

The address is 3252 NE 1st Avenue, Miami, FL 33137.

The lottery is 8:30pm., with the start of the Western Conference Finals (Warriors vs. Blazers) after.

We will have free appetizers. You buy your own beer to drink away your sorrows, when the Heat slip from No. 13 to No. 14 simply because we are there (that happens if the Boston Celtics, via the Sacramento Kings, jump into the top 4).

To follow the event, go to….

Facebook-  Tap 42 MIAMI
Instagram – @tap42bar
twitter- @tap42bar

Why the Character Assassination of Josh Rosen?

This has been an odd weekend, when it comes to the relationship between the Miami sports media and the Miami fans.

Three local reporters have been extremely vocal in their criticism of the Miami Dolphins’ Josh Rosen trade and general draft approach, which is entirely within their rights. Reporters don’t need to like everything a team does. It’s better if they don’t at times; there are some beat writers in this market who go along with whatever the team says at all times, in exchange for access, and that’s not ideal either. But for at least one of the three (and not the two that this writer respects, Omar Kelly of the Sun-Sentinel and Barry Jackson of the Miami Herald), some of this Josh Rosen criticism comes off as  personal.

You’d get whiplash trying to follow all of that writer’s Dolphins opinions over the past 25 years, since they seem to fluctuate based on whether that athlete, executive or agent is giving the writer the inside information he wants. But again, this one has been weird, even though some of it is expected, since Rosen is outspoken politically, with views that don’t align at all with that writer.

On March 5, that writer tweeted that “trading maybe a 4th for Josh Rosen is a win-win. If he grows up and balls, they may have their franchise QB. If he stinks, he helped team #TankforTua while giving impression they were trying.” That’s an extremely lucid take. And it’s fair to point out that the Dolphins did not trade just a fourth round pick for the second-year quarterback out of UCLA on Friday. They traded a second-rounder and a 2020 fifth-rounder, though it was a lower second-rounder (No. 62 vs. No. 48) than they originally had, and they did pick up a 2020 second-rounder in that earlier deal. So it’s sort of like they did trade a fourth-rounder.

But again, evaluating Rosen as a player, and deciding he isn’t worth something, is totally within reason. Changing your mind is within reason. Some of those in the Five Reasons Sports Network did that to some degree as well. Circumstances change. Evaluations change.

I mean, our guys on Three Yards Per Carry don’t even agree with each other on the trade, and our network is split down the middle.

That’s all fair. That’s sports.

What’s not really fair is the character hit job on Rosen.

We’re not dignifying this by posting any screen-shotted tweets (and it took a while to find someone in our network who isn’t blocked), but this was the quote in that tweet: “I’ve talked to multiple people about Josh Rosen today. The play is not what troubles. The person does.”

So, unnamed sources about someone’s character?

That’s sort of well, journalistic malpractice.

Is it because of what that writer tweeted earlier Friday that “it was safe to believe Dolphins would NOT give up their second round pick (48 overall) for Josh Rosen”? (Again, true that they didn’t give up 48 ultimately, even if that’s splitting hairs.) …

Is it because Rosen wore a “f— Trump” hat on a Trump golf course, and that might offend someone who has devoted so much energy to trashing Colin Kaepernick?

Whatever it is, it appears to be total BS.

This guy seems like a fairly swell person, no?

OK, maybe he could have faked that.

This too….

Well, there’s a segment of the political population that doesn’t care for either LeBron James or Chris Long, and thinks they should “shut up and dribble” or, in Long’s case, “shut up and sack” or something.

But what about these tweets from someone who would seem to know better — the Cardinals’ respected broadcasting voice?

A guy who happens to do a lot of national work for ESPN?

Oops, sorry, a screenshot slipped in.

OK, OK, Pasch works for the team.

The fans probably hate Rosen, though, right?

I mean, he wasn’t good last year, and apparently he’s a personality problem.

Oh, and even that writer’s colleague:

No, throwing under the bus is reserved for reporters, apparently.

Well, maybe just one here.

Because others seem to get it.

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