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Betting on sports ‘futures’ is an enjoyable and potentially profitable way to wager, but there are several potential risks that can lead to losses. Here’s a rundown of things to avoid:

Search for the best price: A common mistake is to assume that the price on a specific futures wager position will be the same at every sportsbook. Nothing could be further from the truth. In fact, you’ll often see a greater degree of difference between futures prices from book to book than any other form of bet. This is because that books aren’t as worried about what price other outfits are offering as they are about keeping their own financial position balanced.

Don’t try to pick the winner in a competitive marketplace: This may sound sort of counter intuitive since the general idea of betting on futures is to determine the actual winner but it’s really not. Like everything else, its essential to always be mindful of the value you’re getting. In a futures market with several legitimate contenders at the top the price offered is seldom high enough to properly compensate for the risk you’re assuming. Here’s an example: in a hypothetical NCAA hoops tournament Duke is +200 to win the national championship. They’ve certainly got a shot, but at a payback of only 2/1 its hard to justify a wager at this point with the potential for so many interceding events that can make a championship more problematic. Such events as injuries, a tough tournament draw or even just going into a slump at the wrong time can happen to any team but when you bet a higher priced team–a ‘dark horse mid major at 15/1 for example–you’re getting “compensation” for assuming the “risks” of betting on a proposition with so many unknown variables.

In mathematical terms, we’re simply not being offered odds on a favorite that offer a good value in comparison with the ‘true odds’ of the event occurring. Let’s say we bet Duke at +200 to win the NCAA tournament. If we could magically play the NCAA tournament over 100 times, would Duke come out on top more than 33 times? If not, they’re a poor value at the price. At a higher price, I might be interested but at +200 the value is simply not there.

Note that the more competitive the market, the more difficult it is to find good value on the favorites. Since you can make a case for quite a few teams to win the NCAA tournament at this point this particular futures market is clearly a very competitive one. In a less competitive marketplace it might be possible to “pick the winner” and have it be a good value though you will pay a price for this. Here’s a (thankfully) hypothetical example: let’s say the UFC decided to hold a one night round robin tournament with 5 competitors. Competitor #1 would be heavyweight champion Brock Lesnar. The other four competitors would be professional figure skaters Elvis Stojko, Rudy Gallindo, Brian Boitano and Evgeni Plushinko. Even if he didn’t bring his “A game”, Lesnar would be essentially have a 100% certainty of beating the four untrained fighters, who also happen to be rather effeminate. If a sportsbook installed Lesnar as a -1000 favorite a bet on the 63 265 pound takedown would still be theoretically a good value. It’s always difficult to risk so much to win a little, but from a strictly theoretical standpoint its a good play.

Don’t try to make a huge profit with little risk: Sports betting provides few opportunities to make a ‘big killing’. It may happen occasionally, but even the big payouts when it occurs doesn’t make chasing big longshots a good value. If you’re serious about sports betting it is crucial to maintain your focus on the underlying numbers and look for value at all times. If you want to take a longshot at a huge jackpot, play the lottery but don’t try to do it at a sportsbook.

Simply stated, the concept of value works the same at the bottom of the wagering ladder as it does at the top. Even if you’re betting a big underdog at a huge price make sure that it accurately reflects the ‘true odds’ of the event occurring.

Don’t bet one sided props: Sometimes sports books will offer silly bets just to get publicity or in some cases just to be funny. While there may be life on other planets, the ‘true odds’ of a Martian being named to President Obama’s cabinet wouldn’t justify a +5000 line that it would occur.

Ross Everett is a widely published freelance writer and noted authority on sports betting odds comparison. He writing has appeared on a variety of sports sites including sportsbooks and betting odds portal sites. He lives in Las Vegas with three Jack Russell Terriers and a kangaroo. He is currently working on an autobiography of former energy secretary Donald Hodell.

Among the sports betting public there’s a lot of conflicting opinions about betting NFL preseason games. That’s not really surprising, since there doesn’t seem to be much middle ground on the subject. Overly cautious handicappers would argue that preseason football is a poor wagering opportunity. Some of the more obnoxious tout services would have you believe that short of a fixed game there is no greater “lock” that preseason football. Like most things that produce such polarized opinions, the truth is probably somewhere in the middle of the two extremes. Preseason NFL football is a unique proposition for the sports gambler, but when approached with caution, discipline and knowledge it can yield some profit.

The most compelling argument against preseason wagering is simply that the games don’t count. While there are often spots during the regular season where teams may seem more or less motivated, in theory they all want to win. That’s not something that can be taken as a ‘given’ during the preseason, however, as the individual agendas of NFL coaching staffs can very widely. Some might want to win games to establish a winning attitude, others might put a greater focus on working in a new offensive or defensive scheme. Others may prioritize evaluating talent at key positions, while others may simply want to make it through to the regular season without any significant injuries. With all of the uncertainty swirling around preseason football, handicapping wins and losses against the pointspread can be exceedingly difficult.

The proponent of preseason wagering would argue that this is the very reason that good opportunities frequently arise during preseason. First, additional value is frequently found with the underdog in preseason games by their very nature. To explain, in a hypothetical matchup between a Superbowl champion and an also-ran the “better” team by regular season standards would invariably be favored. However, by virtue of their success the “better” teams have not only more ‘marquee names’ to protect, but also valued guys in the trenches who could cause big problems if injured. Frequently, they’ll have more depth and thus fewer personnel evaluation decisions to deal with. They’ll have no need to “create a winning attitude”, nor will they usually have wholesale changes in team composition, offensive or defensive strategy, or coaching philosophies to deal with. In short, the “better” teams often go into preseason situations with little to accomplish other than to get the games over with and stay healthy.

Now, lets look at the other side of the equation. A “lesser” team by regular season standards might have a number of starting spots or key backup spots up for grabs. They may have new coaches to impress, or new offensive or defensive coordinators whose schemes they’ll have to implement. Certainly, winning any games”whether or not they count in the standings”are of utmost importance to losing teams trying to turn things around. Finally, a bad team can gain a lot more psychologically from beating a playoff team than the playoff team can from beating a doormat. A struggling team that is destined to lose a lot during the regular season won’t have a lot of bright spots, so a preseason win against one of the league’s elite can mean a lot more.

Even among teams that don’t worry much about wins and losses during the preseason, they don’t want to go into the season losing them all. For that reason, one of the most successful preseason situations over the past decade and a half have been teams that lost their first two preseason affairs. During that span, 0-2 teams have hit right around 60% against the spread.

The philosophy of a NFL head coach is arguably the single most important factor contributing to preseason success. Some coaches always want to win, even if the games don’t count in the standings. Other coaches place a much greater importance on evaluating personnel and giving backups playing time they won’t have the opportunity to get during the regular season. The coaches that have a strong desire to win in the preseason often result in their team’s pointspreads being inflated somewhat, but a motivated team is always worth consideration for a wager.

The smart preseason handicapper makes use of the Internet, and more specifically uses it to follow the local sports media of NFL teams. During NFL preseasons, teams’ beat writers are anxious to write stories and need to fill articles but have little in the way of “real” news to write about. As a result, a handicapper can frequently find valuable details like a coach’s goals for the game, playing time for key players, and specific strategies that will be implemented. Occasionally, coaches will come out and say that they’re more interested in evaluating certain players for certain positions than they are in the outcome of the game. A thorough evaluation of this type of media coverage can often produce not only teams to play “on”, but teams with priorities other than winning to play “against”.

In closing, the best advice is to not be afraid of wagering on preseason football, but to not get too excited about it either. It’s a good chance to grind out a small profit, but definitely not the moneymaking opportunity of a lifetime. There will be plenty of other”and better”football wagering opportunities down the road. Discipline and self-control is always in your best interest when betting on sports, and that certainly is the case in the preseason NFL.

Ross Everett is a experienced freelance writer specializing in travel, poker and sports handicapping. He is a consulting handicapper for Anatta Sports where he is responsible for providing daily free sports picks. In his spare time he enjoys fine dining, falconry and scuba diving. He lives in Las Vegas with four dogs and a pet coyote.

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I am going to give you some information about a betting program called Sports Betting Champ. This sprung to me straight away as being different because it’s maker is getting a lot of money from it.

Most gambling system sellers make money from selling their systems but not from using them. It doesn’t make sense when you think about it, if the maker of a system isn’t making money with it how can anyone else hope to be successful?

On Sports Betting Champ’s website, you will see a picture of him with his Lamborghini. The car even has “Sports Betting Champ” written across the windscreen.

The website also has screenshots of massive withdrawals that the creator has made from betting shops on the internet. I therefore felt convinced enough to try the program for myself, the money back guarantee persuaded me further still too.

Sports betting champ works by using mathematical formulas and statistics to your advantage. That sounds complicated but it isn’t at all and once you learn it you can apply the system on most sporting events.

The result hopefully is you achieving roughly a 75% successful bet rate. It is impossible to win every one, however Sports Betting Champ will help you to achieve much more wins than losses.

The best part is that once you buy sports betting champ you aren’t left alone. The maker is constantly sending out updates and even better he send out the bets that he will be placing in upcoming sporting events so you can copy every move he makes.

I really recommend Sports Betting Champ, especially because of the support you will receive if you purchase it. I believe that these factors will definitely get you better chances of winning long term.

If you want to find out more about the sports betting champ then follow the link and check out my sports betting champ review