5 Steps to Be More Successful With Sports Betting

Sports betting shouldn’t be seen as a get-rich-quick scheme. However, with the right strategies and patience, there is the chance to make a decent return on the initial investment. Here are five steps that can help to be more successful with sports betting:

Find value

The ability to be successful with sports betting involves several factors. A major component is the ability to find value in a potential bet. This means searching for the bets with odds that seem too high and capitalizing on those opportunities. Check the bets on every match day and look out for the undervalued teams.

Money management

The ability to manage the bankroll is a major issue for anyone looking to achieve long-term success in this area. A simple strategy to avoid going bankrupt is to limit the maximum stake per bet to 1-2% of the total bankroll. By using this limited stake plan and betting on the value bets, there is the possibility of growing the income for the future.

Have patience

Betting should be seen as another form of investment that is successful over the long-term, and not the short. While the bankroll may seem to be growing slowly initially, this will gradually change when able to comfortably increase the stake for each bet. Betting involves a lot of winning streaks, losing streaks and other swings, so it is important to be consistent with the betting approach and avoid the temptation to stake a large percentage of the bankroll on a single bet in the hope of making it big in a much shorter time-frame.

Use the right sportsbook

Signing up to the best sportsbooks is certain to help become successful. Not all sportsbooks are very accommodating to the more successful players, so it is important to find one that won’t limit or even close the account after a few winning runs. However, there are plenty of good sportsbooks to use and it is simply a case of researching the available options and using those with a solid reputation and offers the type of bets that interest you.

Follow the experts

Many people find it difficult to identify the best or most valuable bets by themselves, and will simply prefer to use the services of one of the many successful tipster services. They can be very useful to compliment the betting action. There are plenty of tipsters offering a wide range of services. It is practical to trial the services for a short period with low stakes to understand the success rate before investing any real money on the tips offered.

Casino Comps: Not Only For High Rollers – Everyone Can Get in on the Game, Here’s How It’s Done

Players that often visit casinos are aware that many patrons are comped during their stay. Regulars receive free or discounted rooms, meals, show tickets, free play, etc. Many average players that wager on penny, nickel, or quarter slot machines, bet $5 or $10 per hand at table games, think that the freebies are only for the high rollers. Nothing could be further from the truth.

How Casino Comps Work

Comps (complementaries) are valued at a portion of a player’s expected loss to the casino over time. This is called the house edge. For example, the house edge on Blackjack is about 0.5% when perfect basic strategy is used by the player. This means that a player’s theoretical loss is about 50 cents for every $100 bet. Players can win too, but that’s gambling. However in the long run over time, the house always wins, and comps keep players coming back.

How to Get Casino Comps

Sign up for a Players Club card without hesitation. All casinos offer them at no charge. Each time you use it at a slot machine or table game, you build up points. Of course the more you play the more points you earn. Depending on where you play and your level of play your points can be used towards meals, hotel stays, exclusive event invitations, show tickets, cash back and more. Rewards vary between casinos and are liquid (change often). Always check with the Players Club associates for specifics.

How Comps are Determined

Points on your card are determined by the amount of credit (coin in) at any machine game after you insert your players card in the appropriate slot. The amount you play is not as important as length of time you play. For example, If you put $20 in a quarter slot machine, and you play for an hour or so with it, the amount of coin in could be $100 or more. The amount through put is what counts.

If you play table games, place your card on the table with your cash when you buy-in. The dealer will give it to the pit boss who will record it. The card will be returned to you promptly. Your average bet will be monitored and recorded from time to time during your session.Once again, how long you play takes precedence for comp rewards.

Once you’re established as a steady player you’ll receive offers in your mailbox(snail mail and/or e-mail).

If you’re a table game player that wagers $25 per hand and higher, ask the pit boss to rate you. S/he will keep track of your average bet size for as long as you play. If you play for two or three hours always ask if you’re entitled to any comps.

For table games,the comps players receive depends on the game you’re playing. For example, three hours of Blackjack at your theoretical loss of 0.5% will earn you less in rewards than three hours of Caribbean Stud Poker, where your expected loss is 5.2%.

The same applies to slot and video poker machines. For example, three hours of video poker play will earn you less in comps than the same time at a slot machine, because video poker has a skill element to it, whereas slots do not.

Where you play is also a factor. Playing as a Vegas locals casino could earn you more generous rewards than playing the same amount of time at the upscale Wynn and Bellagio resorts.

When to Talk to a Host

If you’re planning to stay for a few days call the casino and ask to speak to a casino host. S/he can offer you special room rates and will book your room for you. Tell the host what games you play and what your betting level is. You may also want to enquire about making an upfront cashier deposit. For example, if you’re staying for four days and deposit $2,000, you can draw out $500 a day to prove your betting level. If you’re playing tables get to know the pit crew(s). This can go a long way with your host relationship.

Remember, always be a responsible gambler. Always let the casino comp your play. Never play just for comps.

Good Luck!

What Happened To The Casinos in Copacabana Brazil?

In the 1930s in Rio de Janeiro, casinos were the fortune and misfortune of the Brazilian social elite. The “Cassino de Copacabana” and the Atlantic Casino in Copacabana (both on the Avenida Atlantica, with games of baccarat, craps, roulette, and black jack) attracted the sophisticated society of the time, toasting it, even with the presentations of famous national and international musicians.

This atmosphere of glamour fell apart on April 30, 1946, when then-president, Eurico Gaspar Dutra, attended to the supposed request of his wife, Dona Santinha, banned gambling across the country. The buildings where the casinos were operated were adapted for other activities and thus ended the era of great music shows and gaming that occurred on their premises.

The president, using the powers granted to him in Article 180 of the Constitution and since the crackdown on gambling was called ‘an imperative of universal consciousness’, whereas the criminal law of all cultured contains provisions aimed at this purpose, considering that ‘traditional moral, legal and religions of the Brazilian people is contrary to the practice and operation of gambling’. The exceptions open to the general law passed shelters for these casinos which were labeled as ‘harmful to morals and good manners’, and the licenses and concessions for the practice of gambling in the city of Rio de Janeiro and the hotels, were given a temporary basis and could be revoked at any time if they did not close on their own.

The President of the Republic, Dutra, met with the Ministry and issued the decree which extinguished gambling throughout the country. The impact of this measure of government in the capital and was astounding and shocking. The editions of the evening papers sold out quickly, under the popular enthusiasm of the comments. A firm decision by the highest authorities of the Republic, the way it was written by decree, so there would be no delayed application of its effects by any one administration. The law went into force the very same day, as soon as the “Official Gazette” from the government published it – all this shows that the head of government was attentive to ‘upholding the highest national interests.’

The Brazilian people warmly welcomed President Dutra’s law which had just been issued. The Radical was the only newspaper for a long period of Brazilian public life, and it never stopped fighting gambling, seeing it as a terrible social evil.

The wave of gambling, the beginning of spas, and trips to the seaside towns won the entire population’s interest, at least those living in the interior of the country. There were men in the government that suffered a tremendous social falling for the allocations for spending on gambling made by the administration.