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Tagged: Betting
Classic Betting Strategies – the Labouchere System
admin | October 28, 2010 | 3:23 am | Baccarat Articles | Comments closed

Many gamblers like to use a system to win at casino games. Many popular systems seem to be foolproof and with some help from Lady Luck they will produce outstanding results. One popular system is Labouchere, which was originally used as a roulette strategy (for the black/red, odd/even, and 1 to18/19 to 36 bets) but can also be used for craps and baccarat. Labouchere works somewhat better with an online casino than a land-based one because the player can keep track of his bets in front of the computer, and the player can set the pace of the game.

Labouchere works like this. Set up a series of numbers, which correspond to betting units. For example, 1, 3, 4, 3, 1. It’s best to keep the series short, and the numbers small, but the numbers can be chosen at random. The sum of the series (12) will be your expected profit. Your first bet is the sum of the two numbers on the end, 1 + 1 = 2 units. If you win, cross out the two winning numbers (1 and 1) and your next bet is the sum of the next two outside numbers, 3 + 3 = 6 units. (You can see why Labouchere is called a cancellation betting system.) If you win, cross out the two threes and your next bet would be four units. A win would give you 12 units of total winnings (2 + 6 + 4). After crossing out all the numbers and winning a series, start all over again with a bet of two units.

The example above assumed you’d win three bets in a row, but what happens when you lose? In case of a loss put the amount you lost at the end of the series and bet the two outside numbers. So if you lose the first bet of two units, your series would now be: 1, 3, 4, 3, 1, 2, and your next bet would be the sum of the outside numbers, 2 + 1 = 3. If you lose again put the amount lost (3) at the end of the series (1, 3, 4, 3, 1, 2, 3), and your next bet would be four units (3 + 1). It’s now apparent why you want to keep the series short and the numbers small.

 Experiment on paper with different series made up of various numbers before you actually use Labouchere. Work out some wins and losses so you don’t end up forced to make a huge bet, which exceeds either the house limit or the size of your bankroll.

Visit my website to look at some other gambling systems for use in your favorite casino game.

Joseph Starr (pen name) completed his formal education when he earned a Ph.D. in Finance and Accounting. He taught business, economics, and computer subjects at the college level for thirty years and is now retired. Visit his website to read about popular gambler’s aids to help you win at the casinos.

Sports Betting Tips and Tricks
admin | October 9, 2010 | 4:20 am | Baccarat Articles | Comments closed

Below you will find a short list of basic sports betting tips and advice.

Sports betting tip #1 – Money Management

This is without a doubt the most important aspect of betting sports and possibly the most neglected. The first key to proper money management is to be sure not to bet more than you can afford to lose.

Sports betting tip #2 – Shopping for Numbers

The second most important aspect of betting on sports is shopping for the best number. There will be more discrepancy in the numbers on different sports at different sports books.

Sports betting tip #3 – Never Gamble While under the Influence

There is a reason the casinos in Las Vegas supply you with free drinks while you are gambling. Because alcohol clouds your judgment and usually helps you to make rash decisions you usually wouldn’t otherwise make. To be a successful sports bettor you need to operate with a clear mind.

Sports betting tip #4 – Do your Homework

As a bettor, you have the advantage of streamlining your research, which is something the sports books are not at liberty to do. They must keep on top of EVERY sport and EVERY game. The best way to win money betting sports is to develop a niche and follow it closely.

Sports betting tip #5 – Check the Odds

Some sports books have better odds on parlays and teasers. When you are betting big bucks the difference in odds translate into a huge difference in your payout. All it takes is a little research of the sports books you usually bet at.

Sports betting tip #6 – Play Home Dogs

There is probably no better bet in sports than playing an underdog at home. Teams play inspired ball at home. Slim underdogs regularly win outright.

Sports betting tip #7 – Bet at the Right Time

The sharp bettors tend to bet underdogs, and they tend to bet them early. Squares usually bet later in the day (or week, for football) and they tend to pick the favorites. If you like an underdog, it is best to get your bet in as late as possible, where there is heavy action from squares on favorites.

Bet Republic is a free website that connects people all around the world who have an interest in sports betting. For more information on sports betting visit at http://www.betrepublic.com

Lay Betting Systems – Which One is the Best?
admin | October 1, 2010 | 1:20 am | Baccarat Articles | Comments closed

Lay betting can expand possibilities of online betting, it opens new opportunities and betting systems. By placing lay bets punters take the role of a bookmaker. So it may seem that lay betting can guarantee more profits than simple back bets.

First of all to use lay betting you need to register at betting exchange. Only betting exchange give option to lay. When you place a lay bet you will lose if your chosen selection comes true but win if any other selection except your selected comes true. It’s like backing but upside-down. Also profits always stay the same as your amount of stake, but loses are calculated from odds. Literally you take role of bookmaker because for every simple back bet placed there is lay bet placed by bookies.

Lay betting opens new ways of betting. There is two great lay betting systems:

Matched Betting

Advantage of this system is that it’s almost completely risk free just like betting arbitrage. Aim of this system is to clear free bets and bonuses offered by bookmakers. It eliminates possibility to lose by matching bookie and exchange bets. Although this is not a long term profit system as bookies promotions will run out sooner or later, but you can get fairly decent money out of this.

Bet Trading

This one is similar to financial trading, but instead of buying currency or shares you use bets. If you lay at lower and back at higher you can guarantee risk free and only profit outcome. Key here is to predict movement of odds. Trading can be done pre-match and as well in live matches. In live matches odds are affected by events in a match.

These two are most popular lay betting systems. If you’re willing to try both I recommend to start with Matched Betting as you can safely build up your bank. And then you can start trading with money earned from first system. By doing so you will not risk your own money.

If you want to learn more read Bet Trading or Matched Betting articles.

The Important Rules That You Must Know "In-Play Baccarat" – Betting Exchange Game (Part 1)
admin | September 24, 2010 | 10:40 pm | Baccarat Articles | Comments closed

The unique in play baccarat game in betting exchange is based on the design of the favorite card game from Asia. The rules are very simple: get the hand as closer to 9. Hands ended at a total of 8, and 9 are deemed as ‘Natural’.. In the event of the first two cards played out have a total score of 8 or 9, it is a natural. Not third card will be drawn. And the game will be declared as “Game Over” and all bets will be settled accordingly.If the total number of count is 10.It is a baccarat, and it is equivalent to a blank Zero point. Those hands stand no chance of winning. The only possibility of not to lose money is to have your opponent hand equal to your point. And if this happens, it is a tie. All bet will be return to the punters except those who bet of the “Tie” selection.

Be sure you understand the rules before you get thing started: – The betting Exchange Baccarat is played with 8 decks of cards or a total of 416 cards. – A series of hands will be played out, and when each card dealt out, the card counter will automatically deduct the cards. – If the total number of cards is below 6, the series of game will be reset and new set of 8 decks will be played out. – Standard Baccarat Rules applied. You can get a copy of the standard baccarat rules from various website if you are not clear about the – - The rules for both standard version and the turbo are the same.

However, the turbo version is about 25% faster in term of speed, and play out time.. – If you are new to betting exchange game, start with the standard version first. – You can download the past history to see how the games were being played. The algorithms or the software code of in play baccarat game is written as such that the outcome of each hand is randomly played out. So it provides no clues of the outcome. Betting exchange is just acted as a middle man, and before the payout, it will deduct the commission of 2.5 % from the winners. It is always wise to start a small bank roll first and start to built up from that. Never chase your losing stakes You will experience up and down during the in play game. But be patient and don’t lose your cool. Enjoy punting!

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Sucker Bets in Sports Betting
admin | September 16, 2010 | 10:00 am | Baccarat Articles | Comments closed

In the world of sports betting, there can be many unwise bets. Unfortunately, some of these bets are simply sucker bets. What are sucker bets? We call them “sucker bets” when the bets placed make the bettor appears to be the sucker. In other words, the favor is so much in favor of the bookmaker or the house that it is almost impossible to win! But if a miracle does happen, the winnings can be huge. Let’s take a look at some of the sucker betting scenarios.

Example 1: Betting on parlay.

A parlay bet is when the bettor likes a number of teams, and would like to bet on all these teams winning. When that happens, the bettor can win a lot more, but the odds are extremely low. Bookmakers like to see bettors making parlay bets because it just takes one team to lose, and there goes their money. For this reason, many parlay bets are also known as sucker bets.

Example 2: Betting on teasers.

Teasers are in a way, similar to parlay. The bettor can also choose from a combination of teams to bet on. There can be as many as ten teams in the combination, but there must be at least two teams. Most bettors can’t even win when they just choose two or three teams. Like parlay bets, all teams must win. If any team loses, the bet is lost. But unlike the parlay, the bettor has the option of moving the spreads.

Teaser bets are known as “teasers” for a reason. They are meant to tease the bettors, and make them believe that they can win big. Unfortunately, most just turn out to the sucker bets.

Example 3: Betting based on free betting advice.

There are a plethora of sportsbook online that offer free betting advice. Sometimes, the tip looks too good to be true, and bettors can’t resist the temptation of winning big. So they place bets without looking further into the teams. Don’t be too gullible and place bets without looking. Do your own research and try not to bet on teams that you are not familiar with.

Example 4: Betting on hot favorites.

The entire world could be rooting for a hot favorite. That makes the bookmakers happy. Hot favorites mean that the world thinks this team has the greatest chance of winning the game. Never mind if the analysis is flawed or the prediction unrealistic. What matters is that the more people bet on a team, the lower the odds. Sometimes, the odds can be so low that it just isn’t worth placing good money on the team. For instance, for every $10 placed on the team, the bettor stands to win $4. That means the bettor has to place a bet of $1,000 in order to win $400.

It’s very easy to be influenced by peers and other people around you when there is a hot favorite in town. Try to stand your ground and refuse to make unwise bets. Start with smaller amounts, and stay clear of the sucker bets.

Learn more about Sports Betting – Free sports picks available.