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Werner Heisenberg

Sports Betting and the Gap of Uncertainty

Werner Heisenberg

Werner Heisenberg

When it gets down to it, the only sure fire way to make money consistently out of gambling is on sports betting and poker. Of course many people claim that poker isn’t real gambling, it is really a game of skill just as is chess, though if you bet in chess that is still gambling isn’t it?

Anyway, back on topic, the reason why professional gamblers make a living out of sports betting is because they bet entirely with their brains and not with their heart. Sports betting is a skill that can be learned and improved upon, in fact it can continue to be improved upon throughout a lifetime. There skills and your can be used online at Betfair.

Everything in life and the universe is based on imperfect information. We can even justify that statement by referring to Heisenberg’s Uncertainty Principal, but that would be boring. The point is, however, that every decision we make from choosing a job or a spouse is a gamble; we can never be sure of the outcome.

What the clever sports better does is use all his knowledge and all the information that he can glean from his research to narrow the gap of uncertainty, and when he is able to narrow that gap more than the bookmaker is able to, he can consistently make bets with a positive expectation. He won’t win every time, but he will win more times than he will lose.

In future posts we will develop this concept a little further, but for now here is a picture of Werner Heisenberg who looks as if he is having a good day at the races.

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William Hill Winter Festival

William Hill Winter Festival

What better way to spend Boxing Day than attend the William Hill Winter Festival as the Kempton Park Racecourse? If you can’t attend live, then you can at least flop in front of the television and enjoy a great day of racing whilst your body recovers from yesterday’s festivities.

The festival lasts over 2 days and there is a total of 12 races. £0,000 race goers are expected to turn up, and unlike last year when bad weather meant the festival had to be postponed, this year mild weather is predicted with temperatures of around 15C being quite likely. If you are going to attend, remember that on Boxing Day there is no public transport, so it is best to get there early.

The most important race of the festival is the William Hill King George VI Steeple Chase which is on the first day. This Grade 1 race attracts a lot of attention, and betting is generally quite heavy. This time is should be a very exciting race as both the current champion Long Run and the two stable maces Kauto Star and Master Minded are amongst the expected field of 15 runners, so we can expect another clash of the titans.

At the time of writing the favourite was Long Run with odds of around 11/8 and Kauto Star was priced at 4/1. Third favourite Master Minded was priced at 8/1, but expect these odds to fluctuate somewhat.

The race covers 3 miles and includes 18 fences. It is for horses of four years and older. The first King George VI was run in 1937 and it was in honour of King George VI’s coronation.

Kauto Star

Kauto Star

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Aintree New Rules Trial

We are now entering December and the Aintree fences have not seen any real action since the Grand National back in April, but racing returns there this week. As it does, so do all the old controversies that envelope this wonderful racecourse re-raise their ugly heads.

Poor Ginger McCain has not made it. He passed away in September but before doing so he watched his son Donald’s trained horse Ballabriggs to victory, though the finishing stages of the race upset many people. The jockey was Jason Maguire and so intent was he on winning the race that he ignored the welfare of his ride which needed continual dousing with water along with oxygen after the race.

Much of the recent controversy regarding whipping arose as a direct result of that race, though overhead shots of bypassed fences where fallen horses were attended to by armies of vets did little to enamour the general public to the darker face of horse racing. Horse racing is a dangerous sport and the dangers apply to both man and beast.

Inevitably the spectacle resulted in a number of changes to future Grand Nationals which include changes to some fences and the fact that six year olds are no longer permitted to race and that only experienced jockeys will be permitted to ride. This weekend’s race will be the first time these rules will be trailed, though the races cover just a single lap rather that the two of the National.

Are we over-taming the National in an attempt to improve public relations? The way in which the British Horseracing Association (BHA) has meddled with the whipping rules is just one example of the damage that can be done to the sport when reacting to specific incidents. There will always be incidents in horse racing and if the sport is wound down reactively every time one occurs the whole spirit of the Grand National could be threatened.

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Is Whipping Horses Cruel?

Is Whipping Horses Cruel?

The horse racing world is embroiled in controversy following the resignation of Richard Hughes the jockey following two penalties that he had received for excessive use of the whip.

The new rules state that in a flat race the maximum number of times a horse can be whipped is 7, and that the maximum in the final furlong is 5 times. The limit in jump racing is 8 times. Richard Hughes had used the whip 6 times in the final furlong.

The jockeys are unhappy with the new rules and are threatening to strike. It seems that they have the support from most of the horse racing fraternity; owners, trainers and bookmakers are on the side of the jockeys. They argue that the penalties handed out to the jockeys are disproportional and that the new rules take away much of the thrill of the race.

None of us wish to see animals being treated cruelly, but is the use of the whip as barbaric as its antagonists would have us believe? If horses really suffered then would they not be put off from racing and certainly put off from giving their all? With so much adrenaline pumping through a horse’s blood stream in the final stages of a race would the horse be particularly sensitive to pain?

On the other hand there are many top figures in horse racing who are strongly opposed to the use of the whip. Outspoken opponents include Sir Peter O’Sullevanthe commentator, Charlie Brooks the trainer, and the top jockey John Francome. They consider the whip to be cruel and to detract from true horsemanship.

Modern whips are padded and are much less likely to injure a horse than the old fashioned leather riding crops which could cause cuts and bruises, but then the sight of any jockey pushing a horse past its limits by frantic whipping is a sickening sight.

Perhaps in the end the British Racing Authority has got things just about right in terms of limiting the amount of whipping that is permitted, but a little wrong in is over-zealous penalties; and perhaps monetary fines might be more appropriate than outright bans, particularly for small transgressions such as Richard Hughes’ single extra tap.

Traditional Riding Crop

Should this be banned from horse racing?

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Underdogs, Favorites, and Betting

When a person is betting on some of the things that they love, sports, they’ll obviously have to pick a winner and a loser. There’s the underdogs and the favorites, and both of them are matched against each other and anything can happen, and sometimes it does happen. The underdog is something that may not win, but of course, it’s still just as lucrative. But, what’s more important is when a person should actually bet on them. It’s not just about betting early, there are times where it would be more lucrative. On the other side of the coin, it’s not just about betting as late as possible, as well. Whether you’re picking an underdog or favorite depends on where a person bets.

If a person is betting an underdog, they’ll probably want to put in their bets as late as possible. There’s heavy action there from what some would call “squares” early on in the week, and it’s best to have all of that stuff sorted out before they place their bets. On the other hand, the favorite would want to put in their bets late. Of course, this isn’t what all games turn out, and there are a lot of other factors to be accounted for, as well.

Knowing when to bet is some of the best things to help maximize on some earnings. There are a lot of things to learn about betting, and if a person is going to make the best out of their gambling career, it’s advisable that these things are considered.

For the most informed bet you can make, go to http://www.bettingcalculator.com/ to work out your potential earnings!

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Use Your Advantage

There are a lot of ways for a person to bet, and more often than not, a person can make a lot of money in doing so. The more creative that a person is, the bigger the chance that they can win. A lot of people tend to look at things a bit too broadly, and these people aren’t the ones that are doing so well. The less that a person has to manage, the better. When a person is betting against the house, they have a very unique advantage that’s hard to deny. The individual has the ability to look at different leagues, and if at all possible, learn as much as they can about it. When betting against a website, the person will have the advantage of being able to scrutinize, whereas the website can’t.

This is something that has been used for quite a while, and it will continue to be effective given the fact that they really work. Also, if a player does it this way, they won’t have to account for a lot of different players, meaning that they will better know the tendencies of the players that they do. Doing it this way, the gambler will find out that it is a bit more enjoyable, as they do not have to feel the pressure of accounting for all of the different players and teams.

Choosing just a league or two will greatly improve the chance of someone winning, especially if they are diligent in their efforts.

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Football Betting: The Psychology of Players

Betting can be pretty interesting, especially for the person who is just getting into it. It’s really alluring; the amount of money that a person can win a lot of money. Of course, there are a couple of things that people should be aware of when they are making their bets, and it’s something that’s actually pretty valued in the community. While the stats may tell the tale a lot of the time, there is always a couple of players that may be on the field that will dramatically impact the game. There are the big stars that do that pretty often, and then it’s the lesser known players that should be accounted for.

There have been a lot of players out there that have done exactly that. They may have not been advertised as being the play makers, but remember that it takes a whole team. The superstars wouldn’t look as good without every other player on the field, and more often than not, those guys are the ones that will decide quite a few games, as well. There are other issues as well that have really decided it, too. For instance, take the crowd into consideration. Players need to be able to communicate, and even though they may be amazing at what they do, they also are prone to making mistakes because of the atmosphere. Remember, they are only human.

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Horse Betting: Pick 3 and 4

Horse Betting: Pick 3 and 4

Horse betting is probably one of the most exciting races with horses at a blistering pace. These horses are some of the most majestic and driven creatures, and the allure is something that’s completely understandable, especially considering the fact that there is a lot of money to be won. Amazingly, there have been more than a few success stories that have been born on the track. Even more than that, there’s also the people who haven’t done so well. Casual fans of the sport love to place their bets, and more often than not, they really aren’t some of the most informed decisions. There’s those bets where they’ll be focused on the big names, hoping that they’ll be fruitful.

It may be a little hard for a person to hold off, but these things do actually happen. More often than not, they won’t be fruitful because there are a lot of people trying to bet on them, forgoing something that’s pretty fruitful. It’s in the deeper picks where a person generally makes their money. Exploring options such as the pick 3 or 4 usually warrant a better chance, and in some cases, people even go a bit deeper than that. It’s something that should be explored if a person is really going to make the best out of it.

Horse betting can be one of the most lucrative things that a person can do, and even if it’s not their sport of choice, it still provides quite a bit of fun.

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Football Betting Tips

When a person is betting on some of their favorite sports, they have a lot of things ahead of them. Namely, they’ll have to account for the players that are on the team and how they will fare against the opposing team. That sounds easy enough, right? On paper, it’s one of the easiest things that a person can do, but there obviously have to be a winner and a loser to the bet. There are a lot of factors when it comes to picking the winner, and if a person wants to make the best out of their efforts, they’ll definitely have to determine what is the most important to making a successful bet.

One of the things that a person has to think about would obviously be the players on the team. If at all possible, understand what their roles are to the team and what they have done in the past. Then consider your team and what counter measures that they may have in place. Every team likes to exploit weaknesses and putting up a formidable defense against them. Then, it comes down to the players and what their mental state would be. If they have been on a streak or a slump, it’s all very important when it comes to picking a winner. In short, a person can’t have enough statistics, as more often than not, it basically dictates who wins the game.

Football betting can be very exciting, and if a person does enough thorough research, they will find out that it’s a lot more fun than most would expect.

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Sports Betting: Never Gamble Under the Influence

There’s nothing better than betting on something that you truly love. It’s kind of like being paid for something that you would be doing anyway, and that’s why there are a lot of people who are willing to try their hands with it. With the online gambling scene being so large, there’s always a way to bet on things, and a community to do it in. It’s imperative that a person keeps their wits about them when they are betting, and as the hours draw near, people seem to get a bit more antsy and loose. That being said, there are a lot of people who have lost small fortunes just because they had one too many. Sure, there may be a few people out there that have this under control, but it can really be hard to keep themselves from doing it.

Sports betting can be pretty profitable, especially if a person just keeps a couple of things in mind. It’s not necessarily about the drinking as much as the self control involved. One of the most desirable attributes for a gambler is to know when they shouldn’t be gambling. For instance, if a person is losing, they’ll walk away from the table. The two are closely related, and for the prospective gambler, they’ll have to remember that there is sufficient need of self-control, and that’s almost as important as intimate knowledge of the subject.

Sports betting is something that’s greatly enjoyable given that the person has their edge.

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