Hockey Betting at It’s Finest!

Next to the thrill and exhilaration it brings, sports betting carries along with it an upside of being able to bet any day and every day of the year. Betting in sports events is a prolific industry in the United States, as an average of $14 billion is circulated yearly and the figures continue to rise with every succeeding month. The crucial thing to remember is that this is not a zero-sum game and people actually get broke from becoming too greedy and letting all their profits get away as quickly as it came to them.

The cardinal rule when placing sports bets is to be as objective as possible. Do not be a fan and let your sentiments get in the way of logic. To give you a more objective look, there are different sports books sites that provide the software to execute a variety of bets, some which will be suited to a particular gambler’s liking.

The money line wager is the most popular and simple one as it simply dictates the favorite and underdog together with the corresponding spreads that need to be covered. Futures are more long-term in nature as it is geared towards certain athletes or teams reaching milestones or championships in a certain timeframe. For example, early favorites to contend for the 2011 Stanley Cup include the Vancouver Canucks, Washington Capitals, and Chicago Blackhawks.

Whichever sport it may be, betting involves too much hype and a stroke of luck. Any expert handicapper can claim to have a 70% success rate or even higher, but his calls are just as good as his last bet. No track record can absolutely define success in this business. There are, however, indicators that can keep you from getting fooled. All handicappers experience winning streaks and losing slumps and it is the bettor’s discretion which calls to cherry pick and which ones to pass up on. After all, if such patterns existed on the ice, then all the handicappers need to do is compile trends and write a book about it. Obviously, that is not feasible or fathomable.

Handicappers can manipulate statistics and figures in order to better represent them and what they can do for you. Remember that the ballpark of success is 60% at best and anything more is hard sell by handicappers to get more people to pay for their services. Another booby trap is the money-back promise that they make. In hindsight, there is no point receiving the $50 spent to receive gambling advice back when thousands of Dollars are thrown in a losing effort.

In the end, the bettor must learn to be his own handicapper. Do the research, stalk for relevant information, scrap the vestiges, and most importantly, as bets are placed, greed must be controlled to a minimum. The greedier bettor usually increases the propensity of losing. With increasing monitors to filter out handicappers, it is only necessary that one must do his own preparations prior to game time rather than be spoon-fed with high uncertainty and volatility.

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