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Showing posts with label sport. Show all posts
Showing posts with label sport. Show all posts
Tuesday, July 12, 2011

Baseball Betting: How to Bet Basics

Here you can learn how to bet on baseball. Learn also why it is the best sports for novice sports bettors and gamblers.
If you know nothing about sports and you still feel the urge to wager, baseball is the easiest sports to wager on. As opposed to football and basketball, where you are mixed up with the point spreads and other confusing calculations, in baseball betting you simply put your money on the outcome of the game. In addition, the baseball season lasts longer, which means more matches and bigger chances to go home with the winning money. Here is a step to step guide to baseball betting. 

The main difference between baseball betting and other team sports betting such as football and basketball is that while the latter ones use point spreads, the former uses the money line.

What is a Point Spread?
Point spread is the most common betting type offered in football and basketball betting. The sportsbook spreads the odd of a certain match by subtracting points from the favorite team, which is the team most likely to win and adding points to the underdog, which is the team that will raise a lot of eyebrows if wins.

What is a Money Line?
In baseball betting, the sportsbook sets the odds strictly on the outcome of the match. In order to even the action, bettors would have to risk more money on the favorite and risk less on the underdog. This is called the money line.

For example, if the money line is minus 170 on the favorite and plus 150 on the underdog, then you would have to bet 170 dollars on the favorite in order to earn 100 dollars. On the other hand, if you bet 100 dollars on the underdog, you would win 150 dollars if they would eventually win the match.

The difference between the minus 170 on the favorite and the plus 150 on the underdog is known as the twenty cent line. If the money line was minus on the favorite and plus 150 on the underdog, it is called the ten cent line or dime line. The fifteen cent line is also common in baseball betting.

Sportsbooks also offer total bets and run lines in baseball betting.

1) Total Bets:
These wagers are based on the sum of the runs scored by both of the teams. For example, if the sportsbook sets the over under total of a match as 7, the over wins if the sum of the runs scored by both teams exceeds 7 and the under wins if it sums up to less than 7.

2) The Run Line:
This wager is the baseball variation of point spread. When you are betting on the run line, you are betting on whether one of the teams wins by more than one run, which is marked as minus 1.5 or stays within one run, marked as plus 1.5.

Conclusion:
Although the money line makes baseball betting simpler than football and basketball betting, it causes the payoffs calculation to be more complicated:

1) In order to calculate the payoff when wagering on the favorite you should add 1 to the favorite price and divide it with the favorite price.

2) In order to calculate the payoff when wagering on the underdog you should add 1 to the underdog price.


Monday, May 23, 2011

Nascar Races: Hot Tips to Car Racing

Read here an introductory guide about the inner workings of auto racing and the NASCAR teams and circuit in particular.


What to Look For While Betting on NASCAR

Auto racing such as Formula One and other races such as the Indy 2000 are big hits internationally. Millions of fans crowd stadiums to watch the different cars race by. The screech of burning tires as they spin by you is an experience that very few forget.

NASCAR is one of the largest racing organizations in the USA. With millions of fans around the country, and some of the most expensive race cars and teams put together you can see how NASCAR and betting go together like peas in a pod. But today we are going to talk about the teams crews.

The great thing about NASCAR is that it is an individual sport and a team sport at the same time. So when we start talking about sports betting, or race betting, the options that we have are spread out and full of potential, although we are going to focus on the teams part today.

Now on any given day a NASCAR driver can come back from last place and win a long and tough race. Certain things must happen for a gambler to win his bet just like certain things must happen for a circumstance like this to take place. This is where the team comes into play.

Sports betting and betting on NASCAR is and around the clock job; the teams mechanics are working on the cars days in a row to get ready for the start time, changing fuel capacities, and tuning up the engines due to weather conditions as well as fitting the correct tires to the surface. A teams crew can make all the difference on race day whether that driver will win or lose. If the car is not running at full capacity due to some over looked object that needed tweaking, the driver may lose serious horsepower from his engine and lose valuable seconds here and there on the track.

Now again in NASCAR there is so much telemetry and science that go into these cars; that the teams will drive a car all the way to the finish line burning off fumes to maybe win the race, or have the race blown because the car ran out of fuel after the last turn. The amount of gas they carry in the car determines weight, how fast the car will move under certain conditions and for how long the car will travel without needing to refuel.

This is what can make betting on NASCAR races so interesting is the amount of variables and how they change minutely due to a change in air temperature or how the sun is beating down upon the asphalt or what wind speeds from which direction.

I hope that this article helps you understand better the ins and outs of car racing in general and NASCAR races in particular. If you are not a fan, try and visit one of the tracks while a race is in progress. It will astound you. If you wish to learn more about auto racing or about the NASCAR race circuit visit http://www.gambling-portal.com/auto-racing.html and have a ball.

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