In college, also sports betting odds have taken reign even though it might be considered illegal by many. The bookies set a lot of numbers by keeping the public in mind and the person who begins to study can understand easily as to how the person can gain more and on the numbers set by the bookies.
In sports betting odds, the odds are made not by the common people. In sports betting odds, the odds are termed as “MONEYLINE”.The sports betting odds there are no point spread for many of the sports such as boxing, tennis etc as there occur no way to measure the points or score in which the player wins or loses by. Money line in sports betting odds is decided by the event winner with no regard to the point spread as there is occurs no point spread. In such sports like boxing, the only thing that counts is who wins and who loses, and in such cases, the money line wagering enters in!
In sports betting line, money line is like point spread that is used to equal the attractiveness of the favorite and the underdog for the person betting. But even then, there occur many loopholes through which people play their own gaming!
Sports betting odds can be defined as “the likelihood of an outcome occurring that is stated in a number form”. This field is considered as a way to make huge profits if the person is a smart bettor who has practiced proper money management. In sports betting odds, there are many things, which are illegal such as transmitting information on gambling across the state for placing, or taking bets is considered illegal. The sports betting odds makers set the money line, as more money must be risked for the favorite or the person expected to win and very less on the underdog or the person more likely to lose, so that there occurs a balance between both sides of the contest. . And most of the illegal books of Nevada draw their odds from casinos. Apart from this, he also works as a consultant on gaming management, strategies, personnel and marketing. It is an entirely different case in sports betting odds, as about 75% of odds are established for the licensed Sports Books in Nevada as well as for Oregon State Lottery by Las Vegas Sports Consultant Inc, which is run by Michael ‘Roxy” Roxborough. The main basis of the wager is the straight up outcome, which is not in to a point spread. In sports betting odds, such as football odds is becoming more vibrant each year
A must for every horseplayer’s bookshelf.
Stud: Adventures in Breeding by Kevin Conley
A behind-the-scenes look at the world of high-class breeding, where millions of dollars are at stake, and wealthy breeders roll the dice as they “breed the best to the best and hope for the best.” Conley gives as a look into the breeding life of the great sire Storm Cat, as well as the Godolphin breeding operation, where Dubai’s Sheikh Mohammed bin Rashid Al Maktoum spends tens of millions trying for that elusive Derby winner
The Odds Must Be Crazy by Len Ragozin
Ragozin is the creator of the famous “Sheets” performance figures (which some consider a bargain at $25 a pop), and this autobiography cum handicapping tome gives a broad overview of how the numbers are created as well as how their users employ pattern matching to find live horses that may offer solid value in the mutual pools. Thoroughbred Handicapping State of the Art by William Quirin
Quirin was among the first to do a major computer study of American horse racing. Beyer always interleavens his handicapping books with lots of good stories that bring out the magic of the track from the bettor’s point of view.
Handicapping Magic by Michael Pizzolla
There haven’t been a lot of additions to the body of handicapping knowledge since the glory days of the 70’s and 80’s, but former Sartin disciple Pizzolla at least contributes something new with his Balanced Speed Ratings and Fulcrum Pace. Meadow is a serious player and the information here is rock solid.
Seabiscuit: An American Legend by Laura Hillenbrand
A book that hardly needs an introduction, given the sensation it made when published. In addition to an excellent chapter on money management, Mitchell teaches you how to calculate the cost of any exotic wager, make an odds line, as well as how to know when a bet is offering value on the tote board.
Speed Handicapping by Andrew Beyer
By the time this was written in 1993, speed figures had lost most of their value in the parimutuel pools, but Beyer is nothing if not a die hard figure player. A great portrait of the greatest horse of all time.
Laughing in the Hills by Bill Barich
Barich is a terrific writer, and here he gives a wonderful account of bumming around the Northern California racing circuit in the late 1970s, marking time and getting to know the colorful denizens of the Golden Gate Fields backside.
Champions by Daily Racing Form Staff
An awesome collection of lifetime past performance for every eclipse award winner since the 1890’s. I can’t imagine a horse racing fan who won’t enjoy paging through this book.
Exotic Betting by Steven Crist
Most of the best handicapping books were written before exotic betting came to dominate the mutual pools, and this has left a big hole in the literature for horseplayers seeking the big score. Davidowitz gives a solid treatment of virtually all aspects of handicapping from speed and pace handicapping to workouts, conditioning, trainers, pedigree, and betting strategy. He also provides a figure method for the turf based on late speed as a deciding factor.
My $50,000 Year at the Races by Andrew Beyer
Andy Beyer always delivers a good read, and this account of his home run year of 1977 when he beat the races for 50 large while splitting his time between Gulfstream Park and the Maryland tracks is one of my favorite racing books ever. Cramer virtually invented the idea of unconventional handicapping as a way of uncovering hidden value, and here he offers ways to use pedigree handicapping, company lines, and other contrarian methods to beat the speed handicappers at their own game.
Figure Handicapping By James Quinn
As the title suggests, speed and pace figures are the focus here. The information is certainly a bit dated, but there’s still lots of good food for thought considering the book was published 25 years ago.
The Best of Thoroughbred Handicapping by James Quirin
Quinn was the most prolific of handicapping writers in the 80’s and 90’s. A meticulously researched account of Seabiscuit’s rags to riches story, as well as that of his owner, trainer, and jockey.
The Race for the Triple Crown by Joe Drape
New York Times writer Joe Drape gives an excellent history of a year on the Derby Trail among the high class stables of New York, a world far removed from the scrape-along lifestyle at most race tracks.
What are the best horse racing books? Horse Racing has an excellent body of literature that surpasses most sports in its quality and variety. Crist, an executive and columnist with the Daily Racing Form, has ably filled that hole with this book, which offers some solid strategies for tackling both single and multi-race exotics. There’s something about the beauty of the thoroughbred and the color of the backstretch that brings out the lyrical side of many writers. I’ve spent countless happy hours with this book revisiting some old friends as well as learning about the greats before my time. Sadly, several of the books mentioned here are out of print, but they can often be found on ebay or at abebooks. If you’ve ever wanted to know about feet-per-second calculations, early, late and sustained pace, decision models, track profiles and all the other tools of high-tech pace handicapping, this is the place to start.
Money Secrets at the Racetrack by Barry Meadow
Many consider this the best book ever written on money management and the mathematical aspect of value betting and exotic betting. Not a great place to start for the novice, but well worth reading for more experienced players.
Horse of a Different Color by Jim Squires
A great account of what it’s like to be a small time breeder by Jim Squires, the former Chicago Tribune editor turned thoroughbred breeder who hit the big time when he bred the Kentucky Derby winner Monarchos.
Betting Thoroughbreds by Steve Davidowitz
For my money this is the best general handicapping book ever written, and a great place to start for novices looking to expand their knowledge as well as more seasoned players looking to move up. I’ve divided this article into two sections, one focusing on handicapping books, and the other on more general interest books. This book covers speed and pace figures, Quirin Speed Points, pedigree handicapping on the grass, even trip handicapping. MPH contains a complete overview of the classic Sartin Methodology by its best-known (and perhaps most successful) practitioner. Crist is a pick six specialist, and his treatment of how to use multiple tickets to tackle that difficult bet is well worth the price of the book.
General Interest Horse Racing Books
Commonsense Betting by Dick Mitchell
Winning at the track takes more than good handicapping. Ragozin doesn’t give away the store here, but there’s still plenty of good information as well as an enjoyable read for horse racing fans.
Modern Pace Handicapping By Tom Brohammer
If you only read one book about pace handicapping, this should be the one. The book is more notable for its exiting narrative than its handicapping secrets, but speed figures and track bias played a large part in his success.. Here are my choices for the best horse racing books.
Kinky Handicapping by Mark Cramer
Cramer is one of the most entertaining and thought-provoking handicapping writers there is, and Kinky Handicapping is his magnum opus. In this book, recently republished by DRF Press, he brings together a comprehensive overview of most aspects of modern handicapping theory. I particularly enjoyed Ragozin’s war stories about his experiences as a horse owner and bettor (he and his partner Len Friedman have poured millions into the parimutuel pools over the years). Quinn gives an introduction into how figures are made, as well as their application as part of the general handicapping process. Nack gives us a ring side seat for all the twists and turns leading up to his incredible Triple Crown Campaign. The focus here is on non-fiction books, although there’s no shortage of fictional horse racing books. Beyer on Speed gives a solid overview of how speed figures are made as well as how they might be employed for betting success. A great book to dip into when a losing streak has you looking for new ideas.
Secretariat: The Making of a Champion by William Nack
Nack is a long time Sports Illustrated writer who had unprecedented access to the great Secretariat and his connections during “Big Red’s” amazing career. My favorite part of the book details Beyer’s expedition into the virgin territory of Australian racing, where he attempted to use his figures to conquer the fat betting pools down under.
The Winning Horseplayer by Andrew Beyer
Written in 1983 it’s still an excellent introduction to trip handicapping and how to relate trips to speed figures. It also requires solid money management, and that’s where Commonsense Betting comes in
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Gamblers and investors also have far different time horizons.
All or nothing: Gambling on sports tends to be a zero-sum game.
“You’re making a wager based on some facts and some intuitions. Heck, even his commercials are funny.
To put it another way, the stock market is a lot more forgiving than the MGM Grand (let alone your local sports bookie).
Manning is really, really good at what he does for a living.
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. He asked for his identity to be withheld due to legal concerns.
“A lot of people regard investing as gambling, but I frequently say no. Gambling on sports may be more fun, but it’s definitely a more risky use of money than putting it in the stock market.
But don’t let those similarities fool you. People often invest in funds that buy dozens or even hundreds of stocks, which helps reduce the risk.
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Investors also have the ability to spread their money out among many stocks.
The same can’t be said for those who bet big on the Denver Broncos last Super Bowl.
CNNMoney (New York) First published August 31, 2014: 8:14 AM ET
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They both believe they can predict the future, and they sometimes fall into the trap of making decisions with their hearts instead of their brains.
But take it from one person who has lots of experience in both worlds.
“Betting is more difficult and riskier,” said one resident of Hoboken, New Jersey, who bets on illegal gambling sites and also invests in stocks.
However, someone sinking $500 into Apple stock has little risk of losing that entire initial investment, especially in the short term.
A stock can theoretically be held onto for an infinite amount of time, but a sports bet can end in the blink of an eye. It’s easy to see why fans may be tempted to gamble on their favorite teams and athletes. For example, a stop-loss order instructs a broker to dump a stock when it tumbles below a specific price.
“A large, steady company has a low chance of plummeting and causing you to lose all your money, but even Peyton Manning doesn’t cover the spread sometimes,” he said.
At the same time, investing in stocks actually carries higher upside potential.
Even the unlucky investors who jumped into the market at its peak in October 2007 eventually made their money back when stocks reclaimed their pre-recession levels in 2013. And in neither instance can you be guaranteed to be correct,” said Randall Fine, managing director of The Fine Point Group, one of the casino industry’s largest consulting firms. The stock might go up and down some, but it typically doesn’t go to zero.
And investors have greater access to tools that can minimize the risk of losing money.
“You can hold onto your betting tickets all your life, but you’re not going to get squat,” said Stovall.
Those are pretty good odds. A bettor gambling on the Green Bay Packers will instantly lose his or her entire $500 bet if Aaron Rodgers and his teammates fail to win or cover the spread. Which casino in Atlantic City, Las Vegas or Macau pays the bettor 73% of the time?” said Sam Stovall, chief investment strategist at S&P Capital IQ.
That’s the percentage of time that Stovall’s research shows the S&P 500 — the gold standard in the stock market — has increased in value during the years since 1926.
In the long run, investors have the chance to make more money because there are fewer downside risks. And of course, they both hate to lose. Gambling on football star Peyton Manning to win might seem like a safe bet, especially compared with picking winners in the stock market.
Such hedging tools are not as readily or even feasible to sports gamblers, Fine said.
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The betting appeal: Americans bet an estimated $380 billion each year on sports. While many stocks offer steady returns, investors sometimes hit the jackpot (think: buying Apple back in early 2009 or Tesla in 2012)