Why Sports Betting Is Like A Job

Sports betting can be as profitable as a nine to five job, as it can be just a hobby you have on evenings and weekends. Historically speaking, bettors have been able to retire from their socially acceptable jobs, because of the success they have had either gambling on their favorite sports teams, or on horses. By using bookie software, you too could be on your way to having a career as a sports bettor.

Whether you are gambling on people or horses or at the casino, as long as you know how to bet, you can make a profit. Similar to being a stock broker on Wall Street, sports betting enthusiasts are able to make a profit, based on researching picks with the most potential to do well.

While sports betting has been around for centuries, it wasn’t until the latter part of the 1990s, that the business started taking off. From 1998 until 2006, the online sportsbook industry experienced a booming period, in which several major brokers shifted from stocks to gambling. Sites such as BetOnline Bet365 5Dimes and Bodog were at the top of the industry, as they provided bettors with the ability to literally spend all day in front of their computers and research their favorite teams or ponies. In other words, using various resources, you could watch NFL games 24 hours a day and make money off of it.

However, comparable to a job, sports betting has experienced as many lows as highs. In other words, for every new sportsbook that claims to make you a millionaire by the years end, there are others, that will take half a year to pay you for winning your wagers. Like the stock market, sports betting is about taking risks and can be very stressful, but also very rewarding.

Sports Betting Money Management

Sports betting enthusiasts new and more experienced would be wise to read this article, as we will be examining the myths of the gambling industry. Since the beginning of time, people have been able to place wagers on different sporting events. However, while many people wager on sports, only a handful ever comes away with winnings from the event. In fact, when talking to most bookie software agents, they will tell you that it only benefits them if you do not exercise proper money management. Here is a guide to money management.

As the name suggests, money management is the ability to properly budget your funds in such a way, that whether you win or lose your wager, you come out at the end of your evening turning a profit. One of the most common methods used by the sharps to utilize proper money management, is by setting up a percentage system. Under the percentage system, the bettor will play within a set percent and put all of their winning bets back into their budget, and continue to play through the NFL games despite losing. Here is an example of a common used percentage system.

Under the five percent system, the bettor uses point one percent of there five percent on each bet. If a bet is won, the winning bet is placed back in the original budget, and the bettor keeps using point one percent on each bet until they use up a total of five percent. At the end of the night, you will calculate your wins and losses. In most cases, bettors may win three out of 10 bets. Yet, most sharps will be happy with a 30 percent win total, as anything between 40 to 50 percent is considered phenomenal in the sports betting industry.

Tostito Fiesta Bowl Oklahoma State V Stanford

The 2011 college football betting regular season closed out its final games this past weekend, as the NCAA revealed their Bowl Game participants. To say that several of the top programs in the country were upset by the NCAA’s bookie software selections, would be putting it lightly. Two teams that were particularly unhappy will be battling it out in the Fiesta Bowl on January 2, 2012, as Oklahoma State Cowboys take on the Stanford Cardinals. Here is a preview of the game.

Oklahoma State will be picturing Iowa State when they face Stanford on January 2, 2012 for the Fiesta Bowl Championship. For those unfamiliar, Iowa State was the school that pulled a shocking upset over the Oklahoma State Cowboys in double overtime just over a month ago, and basically cost the Cowboys a shot at the National Title game. As a result of that loss and some politics, it will be Alabama and not Oklahoma State that faces LSU for the National Title.

Looking ahead to the Fiesta Bowl, on paper NFL fans would be wise to take the total in this game, as both the Cowboys and Cardinals possess two of the best offenses in the nation. Heisman hopeful Brandon Weeden, who has put on a clinic all season, in Oklahoma, leads the Cowboys. He is flanked by a superior run game and one of the more potent defensive secondaries in the nation.

On the other hand, expected Heisman winner Andrew Luck leads the Stanford Cardinals. The senior is expected to prove to fans and critics alike, that he deserves not only the award, but also the top spot in the upcoming NFL draft. For professional football fans, the “Suck for Luck” sweepstakes may have a huge influence on this game. In essence, if Oklahoma State lays out Stanford the same way they beat up on Oklahoma this past weekend, it may be Weeden and not Luck who is drafted first overall.

UFC 140 Jones V Machida

In roughly three weeks time, the UFC will be once again the center of attention, as the top MMA promotion in North America runs UFC 140 Jones V Machida at the ACC in Toronto, Canada. The event will be both the second time the UFC has come to Toronto, and the second title defense for Light Heavyweight Champion Jon Jones. Here is a bookie software preview of the card.

Jon Jones and Lyoto Machida headline an action packed card for UFC 140. Despite being the second main event Light Heavyweight matchup in a row, for PPV cards, Jones v Machida will have a tough act to follow. For those that missed UFC 139, Dan Henderson returned to the octagon to battle Shogun Rua in an all out war, fight of the year candidate this past Saturday night. Despite both fighters being close to 40 years old, they showed fans and newcomers alike, that the Light Heavyweight division is the best in the world.

For Jones and Machida, following up the potential fight of the year will be no easy task. However, for sports betting enthusiasts across the world, you have to like this matchup. Essentially, Jones has looked up to Machida his whole career, and Machida is in the best shape of his life. Something has to give, when the youngest champion in UFC history and the former Light Heavyweight champion collide on December 10^th at the ACC.

UFC 140 will also feature both Nogueira brothers, as Frank Mir takes on Antonio Rodrigo Nogueira in a Heavyweight bout. Meanwhile, Tito Ortiz takes on Antonio Rogerio Nogueira in a Light Heavyweight bout. Ideally, if both Nogueira’s win their fights, they will move into title contention against the winner of Jones v Machida, and the winner of the Heavyweight title fight in March.