A first-time gambler is always going to be nervous. Surrounded by professionals at a race course or in a bookmaker's, or baffled by online jargon, it can be an unnerving situation for the novice. I remember putting on my first bet, at a bookmaker's in Blackpool, when I was 18. I suddenly felt a lot older - but didn't really have a clue what I was doing! Here's my guide to putting on a bet - what everything means, and how to quickly maximise your winnings - and reduce your losses.
1. Odds
Ever wondered what those strange folk at the race course are doing? It looks like sign language - in fact, it is. They're communicating to each other that their odds - the chances of each horse winning - have changed.
These days, more and more bookmakers are giving decimal odds - but the traditional fractional odds are still very popular.
The odds 5/1 mean that the bookmaker thinks the horse has a one in five chance of beating the competition. Equally, 10/1 means that the horse has a one in ten chance of winning.
More complicated odds, such as 100/30 mean that the horse has a 1 in 3.33 chance of winning.
Bookmakers are clever people - they calculate everything so that they very rarely ever make a loss on a race. It's up to you to do your research to ensure that you don't make a loss and give them all your money!
Decimal odds simplify everything, and are very popular in Europe, where fractional odds are practically non-existent. 4.0 is the equivalent of 3/1.
When you bet 1 at 3/1 in the UK, you will get 4. When you bet 1 at 4.0 in France (or anywhere in fact), you will get 4. The difference is that the money you stake on the bet is returned to you with the fractional odds system, but not with the decimal odds system.
2. Placing your bet
If you are at a bookmakers, take a slip, and write down your bet very clearly, like this:
Epsom, 2:50, Red Rum, 5 to win
You will automatically be given the odds at the time of your bet. This 'secures' the odds for you - as they will always change after your bet. If you want the very last price - and this is a risk, as the odds could 'shorten' (i.e. they could bring you less money) - then you write "SP" which means "Starting Price".
If you are at the racecourse, then you have to go to a kiosk, and ask for your bet. Simply say
"5 on number 3 (or the name of the horse) to win"
It's as simple as that.
If you are betting online, then the online bookmakers have made it very simple for you - simply select the event that you want, click on the selection, and an online betting slip will appear - you can then check the odds, confirm, and everything happens in a few clicks.
3. How not to lose too much money
Gambling can be addictive, and you have to realise your limits. Set yourself an amount that you feel comfortable losing - it could be 10, it could be 100 if you are quite rich. Never exceed that limit, and plan your bets throughout the day if you are at the races or watching a race meeting on TV.
If you are betting on horse racing, read the racing papers in the morning, and analyse the performances of each horse in the race. Don't go picking by name, it might work once or twice but after that - never again.
Study the following things:
- what is the ground like today, and how has each horse performed on similar ground? - has the horse run at this distance before? - has the horse run on this course before? If so, what is his record? - is the horse doing well lately? - and, have any of these horses run against each other before? If so, what was the result?
If you are betting on the football, check the following:
- what is the history between these two teams? For example, does the away team often win at this ground? - which of the two teams really needs a result here? - what is your gut feeling? (often the best judge!)
So, if you are getting into gambling - be sensible, remember your limits, and never bet on something that you're not sure about. Betting is not about hunches or risks, it's about minimising your risk, and finding yourself a good bargain.
Free bets and especially the famous Cheltenham Free Bet, Free Bet Bookmaker.
Source: http://www.submityourarticle.com/
Permalink: http://www.submityourarticle.com/a.php?a=131481
Thursday, December 2, 2010
Saturday, November 27, 2010
A Guide To The Types of Bet Available From The Bookmakers
Have you ever wondered just how many different kinds of bet there are? There are so many, it's hard to imagine that anyone could ever go through them all... so, this is my guide to the various types of bet that you can place - whether it be on the football, the horse racing or even the Finnish ice hockey!
1. Simple "to win" bet
Called simple, because it's simple. You place a "to win" bet at odds of, say, 3/1, and you'll get three times your stake plus your stake back. You may have bet on decimal odds, in which case it would have been 4.0. There are simple bets that you cannot lose, for example, the Betclic free bet, which returns your stake if your first bet loses. However, there are not many available.
2. Each-way
This is actually two bets - so when you place £1 each-way, you're actually placing £2. So be careful. In this case, you're backing a horse to come in the top 3 (or the top 4 if there are many horses in the field). £1 of your £2 bet is to win, and the other is the place bet (top 3), so if you win, you will get greater returns.
3. Doubles / Triples / Accumulators
Many people like to place accumulators on the football matches at the weekend - and the returns can be astronomical. It's like playing the lottery, but with football results providing the random element. Let's take as an example five matches, three of them are EVENS, and two of them are 2/1 for the teams we think will win. If we place $1 on ALL FIVE results to come in, then the calculation goes like this: Match 1 at EVENS = $2. The $2 winnings becomes the stake for the next match, at EVENS, which becomes $4. That then doubles to $8 for the next winner at EVENS, and then we have $16 of winnings for the first 2/1 match, which becomes $24 - and then $24 becomes $48 plus the $24, which is $72. For a $1 bet.
Remember that the actual odds of all five results coming in are actually 72/1, so it's not a bet for the sensible gambler - more for the sensible lottery player who realises the odds are somewhat better than playing the lotto!
4. Reverse forecast / Straight forecast
If you have found two horses that you think are head and shoulders above the rest, then you could try a reverse forecast - this is when you specify to the bookmaker that they will finish first, in any order. This, remember, is two bets, so be careful when placing your bet, you could be placing more than you wanted to.
A straight forecast is when you specify the exact order of the horses, and this, if it comes in, will obviously bring greater returns.
So, if you're going to place some new bets this week, why not give some of these a go?
The author writes for Free Bet Bookmaker, the web's leading resource for free bet offers and promotions, including this Betclic free bet
Source: http://www.submityourarticle.com/
Permalink: http://www.submityourarticle.com/a.php?a=131600
1. Simple "to win" bet
Called simple, because it's simple. You place a "to win" bet at odds of, say, 3/1, and you'll get three times your stake plus your stake back. You may have bet on decimal odds, in which case it would have been 4.0. There are simple bets that you cannot lose, for example, the Betclic free bet, which returns your stake if your first bet loses. However, there are not many available.
2. Each-way
This is actually two bets - so when you place £1 each-way, you're actually placing £2. So be careful. In this case, you're backing a horse to come in the top 3 (or the top 4 if there are many horses in the field). £1 of your £2 bet is to win, and the other is the place bet (top 3), so if you win, you will get greater returns.
3. Doubles / Triples / Accumulators
Many people like to place accumulators on the football matches at the weekend - and the returns can be astronomical. It's like playing the lottery, but with football results providing the random element. Let's take as an example five matches, three of them are EVENS, and two of them are 2/1 for the teams we think will win. If we place $1 on ALL FIVE results to come in, then the calculation goes like this: Match 1 at EVENS = $2. The $2 winnings becomes the stake for the next match, at EVENS, which becomes $4. That then doubles to $8 for the next winner at EVENS, and then we have $16 of winnings for the first 2/1 match, which becomes $24 - and then $24 becomes $48 plus the $24, which is $72. For a $1 bet.
Remember that the actual odds of all five results coming in are actually 72/1, so it's not a bet for the sensible gambler - more for the sensible lottery player who realises the odds are somewhat better than playing the lotto!
4. Reverse forecast / Straight forecast
If you have found two horses that you think are head and shoulders above the rest, then you could try a reverse forecast - this is when you specify to the bookmaker that they will finish first, in any order. This, remember, is two bets, so be careful when placing your bet, you could be placing more than you wanted to.
A straight forecast is when you specify the exact order of the horses, and this, if it comes in, will obviously bring greater returns.
So, if you're going to place some new bets this week, why not give some of these a go?
The author writes for Free Bet Bookmaker, the web's leading resource for free bet offers and promotions, including this Betclic free bet
Source: http://www.submityourarticle.com/
Permalink: http://www.submityourarticle.com/a.php?a=131600
Wednesday, November 24, 2010
Golden Gambling Rules: How Not to Waste Your Money
Time after time, I see men queuing up at race courses with hands full of bank notes, waiting to throw their money at some nag they're convinced is going to win. And I know - almost for a fact - that they're going to lose their money.
Sometimes, I want to tell them that the horse they're backing is a dead cert to lose, but it's not my place to do so. It is my place to share my golden gambling rules - rules that I abide by every single time I place a bet. Here they are:
1) Do your research There are some simple research tips that everyone should know - first of all: in horse racing, one of the main deciding factors is the ground. Not the jockey, not recent form - but the ground. So if you've got a horse at 8/1 in a ten-horse field that you think can handle the ground, then you've got a pretty good bet. When you see a man putting down 500 on a horse that has never won on soft ground when it has been raining for three days, then intervene. Or be smug.
BetRedKings is a bookmaker that has a wide range of statistics available for absolutely everything. It's the one aspect of the site that puts it head and shoulders above every other bookmaker - it gives you exactly what they use to ascertain the odds - and gives you the information to outwit them - if you're clever enough.
Football is a great way to waste money - anything can happen in football, from Sunderland nearly snatching a win at Old Trafford to, well, Sunderland winning easily at Chelsea. What seems like a home banker is very often anything but - so either you avoid betting on football full stop, or you check up on patterns that will inform your betting.
There are teams whose home records give them an immediate advantage, despite the opposition - and there are teams that hate travelling to certain grounds. Once you have that information - once you have that research under your arm - you will lose a lot less money. No impulse betting, just restrained, educated betting.
2) If you lose, bet double next time Now, please be careful, but this is a way of playing the odds that can, if you stick to it, pay dividends. Stick to this system over a day at the races (or two), and you should come out in profit.
Here's how it works - you have a budget that you cannot exceed - let's say 100. Start off with a bet worth 1 - if your horse wins, then you pocket the money and bet 1 on the next race.
If the horse loses, then you double your bet - 2 on the next race. If this horse loses, then you double it again - 4. If you win, of course, you go back to 1.
It requires a little restraint, and a lot of faith - but you have to have the budget in place to do this over a certain length of time. The odds are that, at least in one of these ten or so races, you will pick a winner, and eventually you will be profitable.
3) Use introductory and loyalty offers for maximum profit Almost every bookmaker has an introductory offer, whether that be a deposit bonus, a matched free bet, a double-your-money free bet or a no-risk first bet. Each one has terms and conditions attached that make it slightly more complicated than you may wish, but if you are going to gamble over a length of time, then you have to find a bookmaker who will reward you for doing so - take the loyalty bets. These are special offers that keep you going and reward you for sticking with one bookie.
Obviously, my golden rule above all is - do not get too excited. If you win, pocket the winnings and start again with your lowest stake.
Bet sensibly, and enjoy it...
Free Full Tilt Poker is a resource for gambling information, including this Full Tilt Poker free bet offer.
Source: http://www.submityourarticle.com/
Permalink: http://www.submityourarticle.com/a.php?a=131071
Sometimes, I want to tell them that the horse they're backing is a dead cert to lose, but it's not my place to do so. It is my place to share my golden gambling rules - rules that I abide by every single time I place a bet. Here they are:
1) Do your research There are some simple research tips that everyone should know - first of all: in horse racing, one of the main deciding factors is the ground. Not the jockey, not recent form - but the ground. So if you've got a horse at 8/1 in a ten-horse field that you think can handle the ground, then you've got a pretty good bet. When you see a man putting down 500 on a horse that has never won on soft ground when it has been raining for three days, then intervene. Or be smug.
BetRedKings is a bookmaker that has a wide range of statistics available for absolutely everything. It's the one aspect of the site that puts it head and shoulders above every other bookmaker - it gives you exactly what they use to ascertain the odds - and gives you the information to outwit them - if you're clever enough.
Football is a great way to waste money - anything can happen in football, from Sunderland nearly snatching a win at Old Trafford to, well, Sunderland winning easily at Chelsea. What seems like a home banker is very often anything but - so either you avoid betting on football full stop, or you check up on patterns that will inform your betting.
There are teams whose home records give them an immediate advantage, despite the opposition - and there are teams that hate travelling to certain grounds. Once you have that information - once you have that research under your arm - you will lose a lot less money. No impulse betting, just restrained, educated betting.
2) If you lose, bet double next time Now, please be careful, but this is a way of playing the odds that can, if you stick to it, pay dividends. Stick to this system over a day at the races (or two), and you should come out in profit.
Here's how it works - you have a budget that you cannot exceed - let's say 100. Start off with a bet worth 1 - if your horse wins, then you pocket the money and bet 1 on the next race.
If the horse loses, then you double your bet - 2 on the next race. If this horse loses, then you double it again - 4. If you win, of course, you go back to 1.
It requires a little restraint, and a lot of faith - but you have to have the budget in place to do this over a certain length of time. The odds are that, at least in one of these ten or so races, you will pick a winner, and eventually you will be profitable.
3) Use introductory and loyalty offers for maximum profit Almost every bookmaker has an introductory offer, whether that be a deposit bonus, a matched free bet, a double-your-money free bet or a no-risk first bet. Each one has terms and conditions attached that make it slightly more complicated than you may wish, but if you are going to gamble over a length of time, then you have to find a bookmaker who will reward you for doing so - take the loyalty bets. These are special offers that keep you going and reward you for sticking with one bookie.
Obviously, my golden rule above all is - do not get too excited. If you win, pocket the winnings and start again with your lowest stake.
Bet sensibly, and enjoy it...
Free Full Tilt Poker is a resource for gambling information, including this Full Tilt Poker free bet offer.
Source: http://www.submityourarticle.com/
Permalink: http://www.submityourarticle.com/a.php?a=131071
Thursday, November 11, 2010
Play Poker Online
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Play Online Poker
Refer A Friend
Ask your friends to join with you an earn over $100 each for both you and a friend when you invite them to join you at Full Tilt Poker through the new Refer-A-Friend program.
Every time friends you’ve invited join Full Tilt Poker, download our software and make a real-money deposit, you’ll both earn cash bonuses as they play in any of our real-money ring games, Sit & Gos or Multi-Table Tournaments. The bonuses are deposited into each of your accounts as your friends reach the following milestones:
Your Friend’s FTPs Rewards Total Cash
Reward
First 500 FTPs $20 $20
Next 500 FTPs +$25 $45
Next 500 FTPs +$30 $75
Next 500 FTPs +$40 $115
In addition to these rewards, your friend will also get two Step 1 Tournament tickets once they’ve earned their first 100 Full Tilt Points.
Reach the Milestones Faster with Rush Poker*
For a limited time only, your friends can reach their points milestones 1.5 times faster by playing Rush Poker ring games. For each Full Tilt Point your friend earns in a Rush Poker* ring game, they will have 1.5 points credited toward their next Refer-A-Friend milestone. Please see the Refer-A-Friend Rules for more details.
Play Online Poker
When your friends make their first deposit, they’ll also be eligible for Full Tilt Poker’s 100% First Deposit Bonus, where we’ll match their first deposit for up to $600. They’ll also keep the Full Tilt Points they’ve earned in pursuit of Refer-A-Friend milestones. Players can use their points in the Full Tilt Poker Store to get plasma TVs, iPods, custom Full Tilt Poker jerseys and more, or to enter special Full Tilt Point Sit & Gos and Multi-Table Tournaments
Play Online Poker
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