Casinos pull psychological tricks on their patrons left and right. Everything right down to their architectural design has a carefully thought out plan created to keep players inside the casino's doors and spending their hard earned money. Some of the methodologies they use are incredibly obvious while others are quite subtle. However, every single trick they pull out of their ...
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Month: October 2015
Are You Breaking the Law When Betting on Fantasy Sports?
There are only a few exceptions to the illegality of sports betting in the United States. Namely, it is an accepted and a legal form of betting in Nevada. There has also been a push to legalize sports betting in New Jersey though this was recently shot down in court. That being said, sports’ gambling still occurs on a regular basis, it just occurs illegally. However, there is a...
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How Does Teaser Betting Work on Football?
A teaser is a group of NFL wagers made of between two and fifteen bets. This type of betting is called a teaser as you are allowed to adjust the totals and/or the point spreads in your favor. This upper hand comes with a lower payout than traditional betting. When your teaser has a point spread, you are allowed to increase or decrease the spread for the favorite, as well as for...
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Learning to Calculate Betting Margins
If you want to get into the world of sports betting then you should learn how betting margins are calculated. In layman’s terms, bookmakers create a profit margin on sports betting by accepting bets on a certain game. They change the odds to sway bets in the right proportion so that they make a profit on every game no matter what its outcome. Bookies do this by creating odds th...
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