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Sports Betting. is it skill or luck?

 
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addam00
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PostPosted: Tue Jan 08, 2008 7:48 am    Post subject: Sports Betting. is it skill or luck? Reply with quote

4 weeks  ago  i used a 150 dollars  on bo dog and made into   $5,716 dollars  just by sports betting mostly on american football..  since on the weekend i was having trouble making mlp games at least I had something to root for  I did lose early in the Nfl footbal year like just 50 dollar  but then   i went on a good run..   with betting on 1 0r 2 games.. with parley.... ( parleys are  when you use 50  dollar to bet  on 2 or more games instead of betteing 50 dollar on each you just use  1 50 dollar kinda hard to explain)    but what I am getting at  I think there is some skill to sports betting..  here are some of the things that u should look for or at least what I look for...  this can go for most sports...   whats there home and away record..   how many points  do they give up, how many points they dont allow the other team or teams..  what kind of surface do they play on  how well do they do on that kinf of surface .. how much are they favored by..  who is injured .. how important is the game to that team..  who will they start..  whats there record with there spread....  whats there conference record....   how well has the coach done against that team....these are some of the factors consodereing....  for instance.. today  I made a 300 dollar parley bet on bo dog and that won 780 dollars  plus my 300 back..   I bet that LSU  will  will win by 4 or  more  and  they did   and the second bet was that both team will go over  47 points and it did final score LSU 38  ohio sate 24..
so since I did a parley  if won of my bets one and the other won loss   I would of loss both bets since I put 300  on it,,   so in other words it was 2 bets for the priice one..but i won both of them...  so how did I pick Lsu to win...  well it was kina a home field advantage.. they play well in  the dome   and they had most of there key players back that they lost in midseason and I thought lsu look stronger than OSU at the end of the season.....Even tho  LSU was favored alot of sports people were picking osu and that was another incetivite for me to go with LSU...for all your non americans this was An american college football championship....and on sunday   I bet the same that chargers would win but  I just did a single bet  
of 300 that won me 272 plus my 300 back.    did not  know if they were gonna score more or under the points they were given  so I just went  with a single bet.......which was good and they spread was 10 meaning the    chargers had to win  by 10 pts which they did chargers 17  tennese 6      that one i sweated it out.....


My advice  if you do go into spots betting

Make sure your at least  80  percent or more that  your team  will  win
if your unsure about a bet dont bet it...

I dont recomend a parley bet.. if you do parlay bet  do no more then 2 teams


if you want to bet more then 2 teams dont do a parley  
bet each team single..

dont  recomend betting early  in season (your still getting to know the teams)

only use money u can afford to lose

research    on what your betting on...

i  mainly do american football it  is something  I know..  I do bet some on soccer...

if  you want  to get  into sports bet and never done it before make pretend bets and dont put really money in just see the odds  and make a pretend bet.. make about 5 or more pretend bets.  if  your in the postive then  u should be good..

one thing  that I want to get into but dont really know that much into is

horse racing...  so after football season.. i think i am gonna try that.....

if you do horse racing how you do?

this sat  and sunday  I am gonna make no NFL picks or not until research because right now its too hard for me to see who is  gonna coverd the spread.....
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addam00
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PostPosted: Tue Jan 08, 2008 3:59 pm    Post subject: hi Reply with quote

Just wondring if anyone esle does any sports betting?????  I think the only other person on here that does it is jR...
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PostPosted: Tue Jan 08, 2008 4:08 pm    Post subject: Reply with quote

Not me.
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PostPosted: Fri Jan 11, 2008 8:12 am    Post subject: hi Reply with quote

here some basics......  hey some online sportsbook will let u bet as a little as 1 dollar.....



The basics

The main object of sports betting is to beat the 'Oddsmakers' or the 'Odds Compilers' and win some money. Additionally, placing a bet on your favorite sport event makes the game exciting and more enjoyable.

Betting is done through Sportsbooks (US) or Bookmakers (UK) entities that accept bets. You can bet on the outcome of several sporting events, such as; Baseball, Basketball, Football, Tennis, Hockey, Snooker and Soccer games.

To place a sports bet, you go to a sportsbook, physical or online. You could also bet over the phone with many sportsbooks. Note that a sports book or sportsbook is not the same as an oddsmaker. The sportsbook simply accepts sports bets. An oddsmaker is a person who sets the betting odds.

You need to state what you are betting on by making a selection, the type of bet and the amount you are wagering. Your selection will obviously depend on the odds offered, so you will want to examine the range of odds available before you make a decision.

There are many types of bets you can place. Some sportsbooks may offer more betting varieties and combinations than others. Below is a list of the more common types of bets.

   * Straight bet or Single. This is the simplest and most common bet. You bet on a winner at given odds.
   * Point Spread. This bet lets you bet on a winner from two selections who have been made equal by allocating appropriate points to the underdog team. The Point Spread is the number of points allocated and is shown with a + sign for the favorite and a - sign for the underdog. The favorite has to win by more than the Point Spread for you to win, otherwise you lose your bet even if the team wins. Inversely, if you bet for the underdog, that team has to lose by less than the Point Spread for you to win. If the favorite wins by the exact Point Spread, then it is a push or a tie. You get your bet back. To eliminate a tie result, the oddsmakers sometimes include a half point spread. Since scores use full numbers only, one team has to win outright.
   * Buy Points. Also, to buy Key Points. Move the Point Spread favorably at a price.
   * The Moneyline. This establishes the odds for each team but inversely proportional to what would have been a Point Spread, and is indicated by a + for the underdog and a - sign for the favorite. Say team A is favorite and quoted at -180 and B is the underdog at + 120. The bets offered would be 10:18 odds-on for the favorite, and 12:10 for the underdog. For every $180 you bet on A you would win $100 or lose $180, but for every $100 you bet on B you would win $120 or lose $100.
   * Total. A bet for the number of points scored in the game by both teams combined, including points scored in overtime.
   * Over/Under. A bet that the combined number of points scored by the two teams in the game will be Over or Under the total set by the oddsmaker.
   * Parlay or Accumulator. A multiple bet. A kind of 'let-it-ride' bet. Making simultaneous selections on two or more games with the intent of pressing the winnings of the first win on the bet of the following game selected, and so on. All the selections made must win for you to win the parlay. If a game is a tie, postponed or cancelled, your parlay is automatically reduced by one selection; a double parlay becomes a straight bet, a triple parlay becomes a double. A parlay bet can yield huge dividends if won.
   * Teaser. It is like a parlay, but with the option to add or subtract points (called 'moving the line') from one or more Spread bets. When betting a teaser additional points are either added to the underdog or subtracted from the favorite. The odds vary according to the number of points the spread is moved and the number of teams combined to form the teaser. As in the parlay, all selections must win for the teaser to win. Teasers odds are usually worse than the parlays.
   * If-wager. A bet that allows the bettor to make a second wager, up to an equal amount, pending a win on the first selection.
   * Open Wager. Open wagers allow the bettor to play teasers or parlays making a selection at different times and even different days.
   * Future. A bet on a future event. At the start of each season, the sportsbooks give out odds for teams to win a certain championship. The odds change as the game date approaches and in most cases get shorter, but if you win you get paid at the original odds that you took. This is possibly one of the most profitable bets if you have considerable knowledge of the sport that you are betting on including the players, and a good sense of judgement.
   * Exotic Bets. Betting on unusual events. Some sportsbooks post odds and take bets on a wide variety of other sports related events and activities. A few others will take bets on just about anything you can think of.
   * Proposition Bet or Prop Bet. An offer of bets at odds and conditions chosen by the sportsbook, usually on 'Exotic' bets.
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PostPosted: Tue Dec 09, 2008 6:37 am    Post subject: Reply with quote

trust me.. the way things have been going this year, its all luck lol..
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PostPosted: Mon Dec 29, 2008 4:23 am    Post subject: Reply with quote

actually been a good  year  for me for btting bn using alot of  differnt stragteis  and  reasearh on evrything  I bet  so  I am gionna  say there is skill involved
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PostPosted: Thu Feb 19, 2009 5:01 pm    Post subject: Reply with quote

I do some betting now since I won some money on sportsbooks for free.  I'm 5-2 on my college basketball picks this season, even though I've only watched a couple games this year at most and haven't followed it closely.  So in that regard, it looks like all luck.  But I used to analyze lines with the help of Sagarin Ratings back in high school (when I should've been doing homework).  I plucked this from my blog yesterday (dunno if I'm allowed to pimp it here)--I obviously enjoy poking fun of things:

University of Akron is stupid. And: Miami secedes from Florida, joins Ohio?
Miami (OH) @ Akron.  Akron’s team is called the Zips, short for zipper.  When a university decides to name their teams after zippers, I have to question the quality of education offered by that institution, not to mention the quality of their athletic program, which they apparently don't take seriously.  Their mascot is Zippy, a kangaroo.  Kangaroos are good at boxing, not basketball.  Once I checked to make sure there was actually a Miami in Ohio and I wasn’t being duped, my pick was certain.

Pick:  Miami (OH) (+4)

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This happens to be one of my 2 losing picks, which makes me look even more foolish  
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PostPosted: Thu Feb 19, 2009 5:46 pm    Post subject: Reply with quote

the only true way to wager on sports is to grab a betting sheet, where it has all those numbers on it, close your eyes, spin around 3 times, jump up & down clicking your heals together, take 3 shots of tequilla, & 1 beer, then with eyes still shut place marks on the picking sheet, & bet the absolute maximum you can, works every time...

yours in utmost sincereness, Phil Baxter.
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PostPosted: Fri Feb 27, 2009 3:16 am    Post subject: Reply with quote

PoolDemon wrote:
the only true way to wager on sports is to grab a betting sheet, where it has all those numbers on it, close your eyes, spin around 3 times, jump up & down clicking your heals together, take 3 shots of tequilla, & 1 beer, then with eyes still shut place marks on the picking sheet, & bet the absolute maximum you can, works every time...

yours in utmost sincereness, Phil Baxter.

Sometimes I think this is what the "experts" must do.
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PostPosted: Sat May 08, 2010 8:54 pm    Post subject: Reply with quote

part skill and luck but skill will help prevail
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PostPosted: Sun May 09, 2010 6:16 am    Post subject: Reply with quote

I just  put  50  dollars   on a  two team  parley and  won  182 dollars ,,..  magic was  favored  by -2.5 and   the  lakers  were  underdogs plus  4.5  now  here is were the skill part  is...orlanda magic has been so dominant in this   series. that it has been cllose both games ,, so i was wondering why they were only afvored  by 2.5 points  is was  becasue  they were  playing at  alantas  home... but  I knew that did not matter..they are just  athletic for  alanta,,,that was the easy one..The lakers  had  one  of there key players  injured  but they seemed eto play beetr without him lately for some reason,,,  but you utah had 2 players kinda injuryed but one  just goy back from injury so he iwll be  rusty a little still played.. I thought utah being  faverd by 4.5  was very genorous,,, even  tho utah plays  very well  at  home...and the lakers  did  end up  winnin  by  1 ppoint,,, I kinda thought they might lose  it by 2 or  3  becasue of utahs home court and lakers  know how to keep the game close.... I did other research about the game... but I am juts saying sports betting is more skill than luck.... I am not gonna say your  not gonna  win everytime.. but like at poker if you do  some resarch about teams or players  you will do good most of the time....
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PostPosted: Sun May 09, 2010 4:17 pm    Post subject: Reply with quote

sitting down at a poker table without having played or read some books is like fixing a leak without your tools.  In sports i use covers.com and consensus pics to help..plenty of tools out there for sports too
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