The Internet has tons of information about online gambling. Everyone should know that gambling is a game of chance, no matter how skillful the person is. That is something that does change the mind set of some people though.
An expert at one of the largest online casinos once said to me, “You have to pay somebody to make the rules more fair.” That brings up the whole point why handicappers make such big money in the real world. In the virtual world, there is no way to change the outcome of a game the way you can in the real world. That is the beauty of the virtual world.
Horse racing systems in the real world are mostly based off of mathematical formulas that can be solved by computer and a spreadsheet. In the mathematical world there is no room for human error. These systems are mostly made to predict the outcome of a horse race correctly by doing one of two things. The worst case scenario would be if you had no way to back up your system. Since the outcome is based off of poker hands and there is no hand to go out on, your system is safe from the fluctuation of a deck of cards or your favorite color.
In the real world there are homeostatic systems used to create a rhythm in a book full of information. The basic system is playing black and red with a split bet on the turn. The other system is using a sequence of numbers in a line to bet on a series.
When it comes to sports betting, most bets take place through a sportsbook. This is a large group of people who gather around a table in a casino and place bets on sporting events.
The next group of people consists of those that go to a nearby sportsbook and place bets over the phone. This is pretty efficient, but some people get bored sitting in one group betting and watching others bet. When you bet over the phone you are able to do it in secret and not bored. Another advantage is someone doesn’t have to answer a can of soda to your line when you order up a drink.
Most people that bet over the phone win, hands down, because they are betting under the gun and have to react in a certain time window. The guy who is on the phone in the first betting position can bet three numbers and the guy on the phone in the last betting position can bet three numbers. Then all the people who bet in the first betting position will bet behind the phone and all the people who bet in the last betting position will bet behind the phone.
If there is a whole lot of action on a certain sporting event, like say the NBA, college basketball, the NFL, the MLB, etc, the books will increase the juice on a bet or increase the price on a bet, to get more betting on each side. They do this because they know that more betting will increase the amount of money they will make.
Now, if there is a whole lot of action on a certain NFL team, like say the Patriots, and a whole lot of action on a certain college team, like Kansas State, the books will decrease the juice on a bet on the Patriots and decrease the juice on a bet on the Jayhawks in order to get more betting action on each of those teams. The reason they do this is they also want to get equal action on both sides of the bet.
It is also important to mention that if you go to an online sportsbook and you place a bet on more than one option, you may receive a bonus. For example, if they have a three game parlay in the NBA, they might offer a bonus if you bet on all three games. You may also receive a bonus if you bet on two games using the same number.
Online sports betting, as opposed to live sports betting, is the most convenient and the fastest way to bet. You may or may not have a better edge using online sports betting, depending on your skill at betting.