Do Horse Racing Betting Systems Work? by Martin Blacksheep

With How to ‘Place Bets’ on Favorites for a Living , you don’t need any prior horse betting or statistics knowledge. He lays the complete betting system out before you, why bet on favorites and why for a place? The answer… The word here is lucky, in the long run they will certainly lose money. Plus it takes only 10-20 minutes to use on any race day. Its safe, quick and easy… It is theoretically possible to make a consistent profit on investing in high priced non favorites at the track. Ok now don’t go all skeptical on me at this point.

If you want to be shown a step-by-step outline of exactly how you can use Ali’s betting system, How to ‘Place Bets’ on Favorites for a Living, to consistently earn an income from horse racing betting, then head on over to the website at http://www.horsebetpro.com

So the Horse racing betting system in a nutshell goes something like this:-

. Doing it this way is going to take you 18 hours a day of research just to figure out which horses may produce the goods. Its simply a matter of consistently following the betting system.

Let me assure you that the betting system is written in plain English and it’s easy enough for a 11 year old to use. Few betting systems deliver on what they promise. I’ve been ripped off before with horse racing betting systems so I understand exactly where you’re coming from. However investing on certain favorites that have passed a set of Ali’s betting system rules will definitely set the odds in your favor in a very big way!

There are lots of so called Horse Racing betting systems out there. Occasionally they will get lucky and succeed. This is a betting system that really delivers.

Horse Racing Betting Systems – Do they Work?

First off all let me clarify something, when he talks about making money from horse racing betting, he’s not talking about a few freak or lucky wins in a month. For a betting system, believe me, that’s pretty revolutionary!

He answers the questions of why place betting on favorites is simply the quickest way to profit from horse racing betting. Most never even try a betting system, something which is essential to actually make a consistent profit on horse betting.

Ali’ betting system can be applied to any gallop horse race in the world. Its already been extensively used in America, Hong Kong, Canada, South Africa, Australia, New Zealand, UK and most of Europe for over 13 years by thousands of people. Don’t get me wrong.

Everyone knows that the favorites have a high chance of winning a race right? What Ali’s system does is to select only certain types of favorites that have even a much higher chances of winning. What he’s referring to is consistently profiting week after week and year after year from punting. I can say in all honesty that as a former frustrated punter it is well worth the time checking out this information. The majority of punters that lose money on horse racing try to make big sums of money from just a few dollars. it’s so easy that at times it feels almost unfair. The guy shows you how he maintained a win strike rate of 89.52% and a place strike rate of 96.35% using his own betting system.

He then put these horses through a set of betting system simple rules to eliminate any risks they may be carrying. The twist is, you don’t even bet for a win! By betting for a place only you dramatically increase the odds in your favor. When you bet on well priced non-favorites, you are effectively betting against the odds. Does anyone really have the spare time to do this consistently? Call me lazy but why make things hard for yourself betting on hard to pick non favorites when you can very, very easily profit from the favorites!

I recently came across Mohammed Ali’s Betting system, How to ‘Place Bets’ on Favorites for a Living. In the limited space I have available in this article there’s no way I can fully convince you about how much you can learn from this guys betting system. What you end up with is a set of very secure favorites that have an extremely high chance of winning. Also why place betting on favorites is the safest and easiest way to profit from horse racing betting. You’ve sent away for stuff that never quite reached you, or you bought something and it didn’t live up to its expectations

Top 10 Blogs for Book Lovers 2013: The Winners

So, thanks Scott!) You can see how the winners were chosen here.

If you’re a winner, post this award image on your blog sidebar, linking back to this page. (Which we actually had to seek outside help on.

We hope these excellent blogs help you satiate your love for books!

Top 10 Blogs for Book Lovers AwardBook lovers, make sure to check out these amazing blogs. We’re writers after all and statistics are not our forté. Then, we had our expert judges rate each blog using a complicated formula. We appreciate you.

We narrowed that list down to 20 book blog finalists. You responded with over 120 nominations.

101 Books

The Book Wheel

Arab Lit

Bookalicious Babe

Tumbling Books

Natalia Sylvester

In Which I Read Vintage Novels

Bookslut

Deliberate Reader

Living A Writing Life

. Congratulations again!

Top 10 Blogs for Book Lovers AwardAt Story Cartel, we love books. We asked you to help us find the best blogs for book lovers by nominating your favorite book blogs. Spread the word, sharing the results through Facebook, Twitter, and with your book loving friends.

Huge congratulations to the winners!

The Top 10 Blogs for Book Lovers

And to all book bloggers, whether you won this year or not, thank you for spreading the love of books with others

Casino-Gaming :: Sports betting tips

Squares usually bet later in the day (or week, for football) and they tend to pick the favorites. If you like an underdog, it is best to get your bet in as late as possible, where there is heavy action from squares on favorites.

. Slim underdogs regularly win outright.

Sports betting tip #1 – Money Management

Sports betting tip #3 – Never Gamble While under the Influence

As a bettor, you have the advantage of streamlining your research, which is something the sports books are not at liberty to do. Some sports books have better odds on parlays and teasers. To be a successful sports bettor you need to operate with a clear mind.

Below you will find a short list of basic sports betting tips and advice.

The second most important aspect of betting on sports is shopping for the best number. Teams play inspired ball at home. When you are betting big bucks the difference in odds translate into a huge difference in your payout. They must keep on top of EVERY sport and EVERY game. The first key to proper money management is to be sure not to bet more than you can afford to lose.

Sports betting tip #2 – Shopping for Numbers

Sports betting tip #4 – Do your Homework

The sharp bettors tend to bet underdogs, and they tend to bet them early. The best way to win money betting sports is to develop a niche and follow it closely.

Sports betting tip #7 – Bet at the Right Time

This is without a doubt the most important aspect of betting sports and possibly the most neglected. All it takes is a little research of the sports books you usually bet at.

There is a reason the casinos in Las Vegas supply you with free drinks while you are gambling. Because alcohol clouds your judgment and usually helps you to make rash decisions you usually wouldn’t otherwise make. There will be more discrepancy in the numbers on different sports at different sports books.

Sports betting tip #5 – Check the Odds

Sports betting tip #6 – Play Home Dogs

There is probably no better bet in sports than playing an underdog at home

How to Bet the Kentucky Derby: A Beginner’s Guide

Good luck racing fans!

Like all sports, horse racing has its own language that can be confusing to casual watchers. It looks something like this: Vicar’s In Trouble (20-1).

Horses with a high first number (like 20-1 or 50-1) are considered unlikely to win the race. If you’re not going to be in Louisville for the big day, you can head to your local racetrack or off-track betting outlet and place a bet there.

Now it’s off to the races. That number shows what the odds are that the horse will win. Like it’s name implies, the superfecta pays out big bucks if you manage to get it right.

You’ve got your mint julep and your fancy hat ready for the Kentucky Derby, but are you ready to place your bet on the horse you think will win?

Here’s our guide to making sense of the Run for the Roses.

Picking a Horse

There are 20 horses in the field for the Kentucky Derby, though as of now only 19 will be running Saturday (#11 Hopportunity was “scratched.”) All the horses are 3-year-old male thoroughbreds, which means they’re young horses with lots of talent that is still developing and not a ton of experience.

Many casual bettors will pick a horse based on name or looks, but there are better ways to judge the odds for whether a horse has a shot at winning. Therefore, betting on him won’t yield a big payout. Or you can bet that he will “show,” — that is, come in first, second, or third. Say, “I’ll bet $2 on (horse’s name or number) to win.”

If you’re done with the beginner stage of betting, you can up your odds of winning by doing more complicated bets that yield bigger payouts: exactas, trifectas, and superfectas. He’s dominated all the races he’s run so far and all eyes will be on him. If you’re in it for the thrill of victory alone (and not the money), he’s a good bet.

Betting on Your Picks: “I’ll take $2 to win on the four horse, please.”

In horse racing, you need to bet on what place the horse will come in. The Kentucky Derby is one and a quarter miles long, longer than any race these horses have run before, so the winner will need stamina.

Odds and Favorites

When you look at a race form there will be a number in parentheses after each horse’s name. What’s a superfecta anyway, and how do you bet one?. You can place your bet anytime up until about 20 minutes before the race goes off at 6:24 p.m. Saturday. Horses with lower first number (10 and down) are considered top contenders.

Betting on a horse with good odds will not pay out much money if they win. Conversely, betting on a horse with bad odds will pay out a lot of money if they do win. The words “first, second, and third,” are replaced by “win, place, and show.” If you think your horse is pretty good but not going to come in first, you can bet that he will “place,” — that is, come in first or second. Here’s a quick guide:

Exacta: You pick the two horses you think will come in first and second, in that order.

Trifecta: Pick the three horses you think will come in first, second, and third – in the right order.

Superfecta: You guessed it. For a superfecta you pick the top four finishers in the right order. You’re trying to hit the sweet spot: a horse with okay odds who you think has a shot at winning.

The favorite going into this weekend is California Chrome, with 5-2 odds. Give that a good look to see who’s done well recently.

Look for a horse that has won most of his races by a good length. A horse that goes into the race with 50-1 odds but comes in first place will pay out the most money to the bettor. If your horse comes in any of those positions, you’ll get money.

If you’re sure you’ve got the winner and you only want to place a simple bet for him to come in first, go ahead and bet your money that way. Each horse will have a record of recent races he’s run, what place he finished, and how far ahead of the other horses he was

CNN – ESPN book debates a century of sports

The compendium, published by Hyperion, features recollections on the sports century that was by top writers and sportscasters, including Dick Schaap, Joyce Carol Oates, Chris Berman, David Halberstam, Roy Blount Jr., and Thomas Boswell.

The book is divided into decades, with at least one athlete highlighted as the defining athlete of that time period. EDT (1808 GMT)

By Jamie Allen

CNN Interactive Senior Writer

(CNN) — The sport of watching sports, for those who don’t know much about sports, is really the debate of it all.

”My top three were Jim Brown, Wilt Chamberlain and Bo Jackson,” says Schaap. The athlete ranked in that spot: Secretariat, the 1973 Triple Crown winner. Schaap says the former Baltimore Colts quarterback, like many athletes, has become a symbol of the era in which he played.

”I always thought of him as a stoic, solid person, that I think was typical of that era of the 1950s,” says Schaap. My complaint was that he only played one sport.

”I also love the controversy of it. “We don’t have Pele in there. It seems some thought the list should only list human athletes.

”I think anybody is entitled to vote for whomever they want, and I think Secretariat does qualify as an athlete,” says Schaap. He realizes that his picks might not top the ultimate ESPN list — Jackson is not even offered in the network’s Top 20 — but he thinks he used a different scale to appraise athletes.

”I did not choose necessarily on the basis of significance,” says Schaap. Even if I didn’t think he should be up that high, I like the controversy it created.”

But Schaap points out that the list has another source of contention.

”We are limiting it to North Americans,” he says.

CNN.com

news

October 25, 1999

Web posted at: 2:08 p.m. So we missed Pele, but we had Secretariat.”

And the debates continue.

RELATED STORIES: Halberstam: ‘Best American Sports Writing’ a window on the century

June 7, 1999

Feinstein’s ‘Majors’ goes behind the scenes of golf’s big four

May 7, 1999

Review: ‘The Muhammad Ali Reader’

March 10, 1999

Reviewer: Book on Ali ‘interesting, but awkward’

August 31, 1998

Check out the latest sports on CNNSI.com RELATED SITE: ESPN.com SportsCentury

Note: Pages will open in a new browser window

External sites are not endorsed by CNN Interactive.

LATEST BOOK STORIES: Cornwell’s ‘Sharpe’ digs into history

Channeling the war prose of Ernie Pyle

Disgraced writer fictionalizes fictions

The guy who couldn’t make up his mind

Chronicle of a drug addict

. 35. They changed the face of sports.”

– sportswriter Dick Schaap

But as any sports fan knows, ESPN has been trying to do just that with its ongoing series, “ESPN SportsCentury.” The network, using the opinions of sports reporters, authors, academics and observers, is counting down its top 100 athletes of all time. “People came out of the war years with great hope and great faith in the future. “If you have a vote for the most significant athlete, then you have Ali, then you have Babe Ruth, then you have Michael Jordan. Couch potatoes and bar patrons tuning in to the latest televised contest inevitably battle it out over who is the greatest boxer, the greatest baseball team, the greatest golfer or the greatest quarterback.

And then there’s the ultimate debate: Who is the greatest athlete of all time?

Trying to compare competitors from different athletic endeavors — Muhammad Ali and Jim Thorpe, Michael Jordan and Babe Ruth, Bo Jackson and, uh, Bo Jackson — proves a nearly impossible task.

”If you have a vote for the most significant athlete, then you have Ali, then you have Babe Ruth, then you have Michael Jordan. But I voted purely on what I considered to be athletic ability, and if I had anything in the back of my mind it was, ‘If you put these guys on a field and they played each other in 20 sports, who would win the most?’ I think Jim Brown would win the most, and I think Chamberlain would be awfully close.”

’I love the controversy of it’

The ESPN pick that caused the biggest grumble from sports fans was No. So far, they’ve reached No. They changed the face of sports. “(But) I wouldn’t have voted him very high. Fighter Jack Johnson, for instance, represents the 1900s; basketball star Michael Jordan defines the 1990s.

In decades between, readers will find lengthy pieces on Jim Thorpe, Babe Ruth, Joe Louis and Babe Didrikson, Joe DiMaggio and Ted Williams, Johnny Unitas, Bill Russell, Muhammad Ali, and Pete Rose.

”I think it’s a labor of love for everybody who was involved with it,” says Schaap, the author of several sports books, the former editor of Sports Magazine and current host of ESPN’s “Sports Reporters.” Schaap, who praised ESPN’s Mark Shapiro for organizing the book, writes about Unitas. Unitas sort of represented that.”

’Who would win most?’

So, who did Schaap vote as his greatest athlete ever? Let the debate begin. 14; the top athlete remains a mystery, though the list has been narrowed to a chosen few.

And to compliment the show, the sports network that started in 1979 has released a new book by the same title

Negative Effects of Gambling

They tend to stay away from their near ones, resulting in distrust between them and their loved ones.

? Problem gamblers and addicts tend to abuse their family members. This proves to be detrimental to their social and family life. Six to eight million people in America are estimated to have a gambling problem.

? Over time, the practice of gambling starts becoming a habit and begins to have damaging effects at psychological, physical, and social levels. They engage in gambling activities at the cost of their time with family and friends. In the following sections of this Buzzle article, we discuss the negative effects of gambling on the individual and society.

? People who fall prey to gambling tend to remain away from their families and waste money on other bad practices. The stress of risking huge amounts of money or the frustration after losing it can increase the tendency of abuse in gamblers. On giving a serious consideration to the negative effects of gambling, we realize that it is best avoided.

? According to a study by the George State University, 50% of the problem gamblers commit crime. It can drag you into crime, gambling isn’t fun.

Gambling = Thoughtless Expenditure + Waste of Time

? As gambling leads to increased criminal activities, in a way, gamblers add to the burden on prisons and the legal system.

? Addiction to gambling has been linked with substance abuse. The decision to gamble money is based on three parameters namely; how much to bet, the predictability of the event, and the conditions agreed upon, between the gamblers. Sports betting and arbitrage betting are the other types. ? People continue gambling with the greed of winning money. It soon becomes a habit that can’t be broken.

Compulsive gambling leads to bankruptcy

? An Austrian study said that around 1 in 5 suicidal patients had a gambling problem.

? A majority of those addicted to gambling have substance abuse disorders.

Gambling refers to the betting of money on an event with an uncertain outcome, with the intent of winning additional wealth. According to the National Research Council, 10 to 17% of the children of problem gamblers have been abused and so have 25 to 50% of the partners of problems gamblers.

? Children of parents who are problem gamblers or gambling addicts tend to feel abandoned and angry, further increasing stress and leading to strained family relations.

Initially, one looks at gambling as a way to run away from life’s problems, or from stress, anger, and loneliness. A recreational activity is supposed to be refreshing and relaxing, but something like gambling is contrary to the very purpose of recreation. When they lose the money they had risked, they further gamble to recover the lost amount and it becomes a vicious circle even they can’t escape from.

? The addiction to gambling can leave one in bankruptcy. The addiction has negative effects on one’s physical and mental health and it proves to be detrimental to one’s social, personal, and professional life. Some go that way to forget the sorrow of losing big sums when gambling.

? The stress from gambling may lead to health issues like ulcers, stomach problems, muscle pains, headaches, and problems with sleep.

? Similar to how an individual keeps consuming substances like drugs or alcohol to experience an altered mental state, he continues to gamble. It causes a decline in his/her work performance, thus hampering his career.

Mental and physical health problems, financial issues, and conflicts in the family are among the common negative effects of gambling. Their mental state can even lead to suicidal tendencies.

? Additionally, rehabilitation and public assistance systems are taxed.

? Gamblers often exhibit mood swings and a strangely secretive behavior. Thus, gambling practices cause a huge financial burden on the families of the affected and on the society at large.

? According to the University of New York, in people with alcohol use disorders, the chances of developing an addiction to gambling are 23 times higher.

? Gambling has proven to be addictive. The addiction leads people to continue with gambling irrespective of whether they earn or lose in the deal. A study by the same university suggested that 73% of the individuals who are imprisoned are found to be problem gamblers.

? They start borrowing money and take secret loans. Rehabilitating the gambling addicts needs money and time, and the process is not very easy. The addiction robs a gambler of all the productive time and leads to loss of efficiency at work. Their debt keeps building and it may reach an amount that exceeds their capacity to repay.

? Substances of abuse are served at casinos and in pubs and clubs, thus increasing the likelihood of gamblers consuming them. The two go hand in hand. It only leads to a thoughtless expenditure of money and valuables.

? Gambling is practiced as a means of recreation. To add to the so-called merry atmosphere, gamblers often smoke or drink while playing.

You could be at gunpoint or holding the gun. The skill of a gambler lies in weighing the three parameters and making a decision about what amount should be staked and how much should be expected in return.

? Apart from absence at work and drop in efficiency, a common observation is that gamblers tend to steal money and engage in fraudulent behavior to recover from financial losses incurred when gambling, or to get more money to bet.

? Gambling at the cost of one’s job results in a decline in the quality of his professional life. The greed never ends and they keep betting more and more. Betting is a mentally taxing activity, and as one goes on risking more and more money, anxiety starts building.

? Studies show that children with a sibling or parent addicted to gambling, are more likely to take to substance abuse.. Forget satisfaction or peace, it is not even refreshing in the real sense. In spite of the losses incurred, they continue betting. Because of this, they land in worse situations and take the wrong decisions in life.

? The costs of treating compulsive gamblers are huge. Addiction to gambling, coupled with substance abuse can make the gamblers physically abusive towards their family. Over time, it becomes a habit, and eventually an obsession that can’t be overcome. Some take to substance abuse to supplement the high they get from winning huge sums while gambling. Due to lost mental peace, they may ill-treat their spouse and children. Thus, gambling can have a grave economic impact which is difficult to reverse.

? According to a research by NCPG, 76 percent of problem gamblers are likely to have a major depressive disorder.

Games offered in casinos, table games like poker, Red Dog, and Blackjack, as also electronic games like Slot Machine and Video Poker are some of the common types of gambling. The effect is similar to that of having a drug or a drink, which is why gambling changes one’s mental state and mood.

? Gambling can lead to criminal activities. The National Council of Problem Gambling (NCPG) describes this type of gambling behavior as problem gambling.

? Research has shown that gambling can lead to harmful behavior in people. The addiction gets on to the gamblers to such an extent that they fail to think wisely before acting. Card games, coin tossing, and dice-based games are some non-casino based forms of gambling

The 10 Greatest Race Horses of All Time

There’s fast, faster, and Dr. Those who argue that many non-American horses deserve inclusion will get no argument from me. The only gelding on the list, “Mighty” Kelso, as he was inevitably described, was named Horse of the Year an incredible five times from 1960-1964, a feat that will surely never be matched. Undefeated as a 2-year-old, Triple Crown winner at 3. Brilliant, precocious, altogether the greatest horse of the 1990s (only Cigar can rival him). His Kentucky Derby win, which came despite being rushed to the lead by Jean Cruguet after an awkward start, may be the greatest ever. The only filly, the only foreign-bred, and the only turf horse on this list, which says something about her greatness. I’ve tried to include the very best of the best without regard to gender or racing surface. Man o’ War was the first great race horse to really capture the public’s imagination and raise horse racing in the public consciousness. Pity poor Sham, an outstanding racehorse in his own right, who was a game second in the Kentucky Derby and Preakness before being annihilated with all the rest in Secretariat’s incomparable Belmont Stakes win, during which he set a world record for 12 furlongs that still stands to this day.

Man o’ War – 20 wins from 21 starts. The greatest of the great, his triple crown campaign, during which he set official track records at Churchill Downs and Belmont Park, and an unofficial track record at Pimlico, will never be exceeded or even matched. Fager. Champion two and three-year old. Only a narrow loss to Dark Star after a rough trip in the 1953 Kentucky Derby blemishes an otherwise perfect career

Dr. His lone loss, ironically to a horse named Upset, came during his 2-year-old season in the 1919 but hardly mars an otherwise dominating career. Twice named champion sprinter, and once Horse of the Year, he was among the best from 7 furlongs to 1 1/4 miles.

Miesque – 14 wins from 18 starts. Beat Spectacular Bid in their only meeting, but was beaten handily by Seattle Slew in their two races.

Needless to say, this list represents one man’s subjective opinions as to the greatest of all time, and the horses represented here are only those who have raced on American soil. 15 of her 16 starts came in Group 1 or Grade 1 races, but her crowning achievement is surely her back to back victories in the Breeders Cup Mile, both in utterly dominant style.

Holy Bull – 13 wins from 16 starts. Crushed Affirmed in their two meetings a Belmont Park in the fall of 1978.

Spectacular Bid – 26 wins from 30 starts. Only denied a Triple Crown by a poorly judged ride in the Belmont Stakes by Ron Franklin. Great fillies like Personal Ensign and Ruffian did not make the list simply because I don’t think that on their best day they could beat any of the horses on this list on their best days (see also my article about Rachel Alexandra, about whom I would say the same.) Without further ado, the 10 Greatest Race Horses of All Time:. His heart and intelligence combined with speed and stamina to make him one of the all time great champions. Fager – 18 wins from 22 starts. A threat to break the track record every time he stepped on the racetrack, his astonishing 1:57.4 in the 1980 Strub still stands as the record for 10 furlongs at Santa Anita

Kelso – 39 wins from 63 starts.

Secretariat – 16 wins from 21 starts.

Other Horse Racing Articles By This Author:

Honorable Mentions: Sunday Silence, Easy Goer, Buckpasser, Ghostzapper, Count Fleet, War Admiral, Seabiscuit, Damascus, Cigar, Personal Ensign, Ruffian, Risen Star, John Henry, Swaps. He might rank higher on this list if not for an unaccountably disastrous performance as the 2-1 favorite in the 1994 Kentucky Derby. His Triple Crown battles with Alydar will never by forgotten.

Affirmed – 22 wins from 29 starts.

Seattle Slew – 14 wins from 17 starts. Perhaps not as consistent as others on this list, but his durability and willingness to take on all comers more than compensates.

Native Dancer – 21 wins from 22 starts

Marketing & Advertising :: Market Failure in Sports (Page 1 of 2)

Sports contribute to economic benefit through direct and indirect employment in sports and sporting facilities, income from sports such as taxation by government, gate tickets collections during matches and from sale of recreation goods and services. This less than perfect information could lead to a level of private investment that is either too high, or too low, from a social perspective, therefore information failure can be a rationale for government to ensure perfect information on both costs and benefits is delivered to private investors, in the right time.

Relationship between market failure and externalities of sports teams and sport events There is a relationship between market failure and externalities generated by the activities of professional sports teams and the conduct of the sport events as highlighted below:

2. Externalities (spillovers) of costs Sports and sporting events is a public good and it can exhibit a unpredictable characteristics, firms may be uncomfortable financing special events, such as car racing, because they are unable to capture all of the benefits of funding the event, individual firms may fail to finance the events and still capture the benefit of business that the event generates, hence lack of financing can lead to market failure. The planning horizon that is implicit in the evaluation of these proposals can have a big impact on the perceived attractiveness of these projects. Other examples of public goods and/or positive externalities include: local loyalty, fan loyalty and civil pride. Private investors may as well have a high discount rate than the community as a whole; this may mean that sporting programs that can make a potential positive contribution to the society will not be undertaken without some form of government intervention to prevent failures of such programs.

Case study The major sporting organization in Australia undertakes the significant economic activity in their own rights. Consider a case study of Australia.

Leisure time is necessary, sports offer experiences that contribute to relaxation. When government invests in sports and sporting facilities and events; there are various benefits: sports is healthy to the citizens, all levels of the industry have found out that exercise (for those participating in games) is vital to keeping fit, maintaining morale and increasing productivity. Satisfaction of living in a big league town and being able to view coverage of the events in the media causes direct demands for games that are experienced by sports teams to understate the total value of sports to the local consumer (Siegfied&Zimbalist, 2000). The construction of sporting facilities and programs can involve a large sum of money outlaid over an extensive period of time with benefits accruing far into the future. Sports also generate benefits by attracting tourists (Pty, 1997).

Information failure Sports investments are also characterized by less than perfect information on both the costs and benefits involved. For example, cricket Australia collected total revenue of eighty-seven million in 2003, the Australian rugby union had net revenues of more than sixty million dollars, and the Australian football league reported a net operating surplus of around fifteen million dollars for the same period.. Improved productivity associated with the physical and psychological individual benefits. 1. Sources of government revenue Professional sports teams and sporting events are currently major sources of government revenue to the economy of any country hence market failure in sports can be a big blow to the economy of that particular country. Nevertheless, sporting events can also cause negative externalities, such as lack of social cohesion.

Page 1 of 2 :: First | Last :: Prev | 1 2 | Next

Divergences in discount rates

Kambi Group plc: LeoVegas selects Kambi Sportsbook

In addition, the

agreement with Kambi will further enable LeoVegas to expand into

international markets.

About Kambi

Following an extensive selection process, we are thrilled to be

partnering with Kambi whom we identified as the partner that can match

our high ambition and provide enabling technology and capability for us

to innovate and drive the sports betting experience in the mobile era. Kambi Sports Solutions

is eCOGRA certified. The agreement will see Kambi’s sportsbook

tightly integrated into LeoVegas’ proprietary platform enabling its

players to move seamlessly between casino and sport. The Mobile Gaming Group

LeoVegas holds a leading market position in mobile casino

gaming. LeoVegas is characterised by award winning innovation and strong

growth. The operations of LeoVegas are based in Malta while the

technology development is in Sweden. Kambi Group plc is listed on First North at Nasdaq

Stockholm under the symbol “KAMBI”. Our mutual interest in driving innovation in mobile

sports betting forms a powerful foundation for this partnership. More at www.LeoVegas.com

Kristian Nylén, CEO of Kambi Group plc, commented:

“LeoVegas mobile gaming group´s success to date has been based on a

passion for the greatest gaming experience, innovation and a genuine

mobile first focus. At LeoVegas, we would never compromise on

the customer experience and in sports we believe no one has yet taken

the mobile leadership position.

This information was brought to you by Cision http://news.cision.com

About LeoVegas Mobile Gaming Group

“LeoVegas is a very exciting and fast growing brand in mobile gaming.

Kambi Group plc (STO:KAMBI) is pleased to announce that it has signed an

agreement to deliver its fully managed Sportsbook solution to mobile

gaming operator LeoVegas. We

are excited to work with LeoVegas as our services will complement their

existing casino offering with a premium sports betting service that will

accelerate growth. Kambi’s customers include Unibet, 888,

Paf, 32Red and Napoleon Games.

We are excited by this partnership and look forward to delivering a game

changing mobile sports betting experience.”

STOCKHOLM–(BUSINESS WIRE)–Regulatory News:

Disclaimer: The information in this report/press release is such that

Kambi Group plc is required to disclose under the Swedish Securities

Market Act.

LeoVegas´ vision is to create the greatest gaming experience and be

number one in mobile gaming entertainment. The Company’s Certified Advisor is

Redeye AB.

. Kambi’s service

encompasses a broad offering from front end through to odds compiling

and risk management. The ultimate parent company

LeoVegas AB (publ) invests in companies operating in gaming on mobile

and other online devices, as well as companies developing related

technology. We look

forward to supporting LeoVegas in delivering on its ambition to create a

game changing mobile sports betting experience.”

Gustaf Hagman, Group CEO and Co-founder of LeoVegas, said:

Kambi Group plc is a B2B supplier of fully managed sports betting

services on an in-house developed software platform, providing premium

turnkey sports betting solutions to B2C operators.

The company’s current coverage includes more than 120,000 live betting

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Horse Racing Systems: 5 That Work

To the extent that most handicappers use pedigree at all, it’s usually to identify horses that may improve when switched to the turf, or those who may be expected to win as first time starters. In most case the public seems to take a horse’s last running line at face value. Because speed figures have gained in popularity over the years, anyone following that system now would have trouble coming up with gas money for the ride home from the track.

In that spirit. This is another mistake that bettors make: in a race with a clear standout, many people give up on the win pool and bet their choice to place, thinking that they’ll get paid even if the favorite wins.

Nunamaker reported that the inside post in dirt route races won at a 20% greater than expected rate, and lost only 10 cents on the dollar, much better than the track take. Most people who love horse racing would be thrilled just to win a little more and lose a little less on their trips to the track.. This system takes advantage of one of the few glaring inefficiencies in the parimutuel pools, namely that first and second time starters are badly over-bet.

Looking for a dead simple horse racing system that will allow you to quit your job and make a living betting the horses in just 10 minutes a day? Good luck with that!

In the first place, the parimutuel takeout in horse racing is large (over 15%) and the mutuel pools are relatively efficient, so that even systems with a strong basis in reality can’t overcome the size of the takeout.

Instead of blindly betting all horses breaking from the inside, you might use this to supplement your handicapping, paying particular attention to the inside horse, and betting it when you like the horse on other handicapping grounds. The inside post combined with early speed is a particularly potent combination, since the horse will not have to exert himself as much to gain his preferred position at the front of the pack.

In fact, pedigree does not generally offer wager value with one curious exception: well bred horses do surprisingly well in maiden claiming races. None of them work.

None of these systems will make you rich, or even guarantee that you will make a profit. If the tote board suggests that the public is overlooking these mitigating circumstances, make your play.

Horse Racing System #1 – In maiden races, bet the horse with the best last race speed figure that has had at least two career starts. This is somewhat counter-intuitive since you’d expect that horses with good pedigrees that end up in the maiden claiming ranks probably can’t run at all. The horse with the best combination of the two is the play.

For instance, many speed figure handicappers reported making horse racing profits in the 60’s and 70’s simply by betting horses with the best last race speed figure. Few bother to even look at the comment line for the race, let alone take the trouble to seek out and watch the replay of the race. With the BRIS pp’s you can use the Sire Production Factor in concert with the pedigree rating. Let me let you in on a little secret about these “magic formulas”. One of the few anomalies turned up by Michael Nunamaker in his pioneering computer study “Modern Impact Values”, published in 1994, was that horses breaking from the inside post position in route races won more than their fair share of races, and were under-bet by the public. The inside post in turf routes actually showed a small profit, but this was based on a small sample size and cannot be relied upon. My computer studies of pedigree, based on nearly 100,000 races, suggest that using pedigree in that manner offers no advantage to the player.

However, just because systems won’t make you rich doesn’t mean there’s no place for them at all in a horseplayer’s arsenal. My own studies have shown a similar advantage for the inside post in routes.

This causes the favorite to be under bet in the place pool, leading to a profit opportunity for us to take advantage of by betting the favorite to place. I’ve identified some of the most useful handicapping factors that have a proven history of doing much better than the track takeout and put them together with some simple rules that should make your trips to the racetrack more fun and profitable. It must follow, therefore, that if we bet the best horse that has started at least twice, we stand an excellent chance of beating the takeout, particularly in races that have several first and second time starters.

Horse Racing System #4 – Bet low-priced favorites to place. This offers opportunity to more diligent players.

Second, the very nature of the parimutuel system itself means that any profits to be made from following a particular set of rules will quickly be arbitraged away as the followers of that system drive down the odds of horses chosen by the system.

Look for comment lines like “bled”, “lost rider”, “clipped heels”, “stumbled”, “steadied”, “between horses”, “rank”, and “jumped shadows” that suggest that a horse’s last race was not indicative of its true ability. It should go without saying that you should actually like the favorite’s chances after evaluating the race with your own handicapping.

The horse with the best last race speed figure (whether Beyer, BRIS, or Equibase) may not be the best horse in the race, but he’s probably not far off, so we can use that as a proxy for selection purposes.

Horse Racing System #5 – Bet Horses breaking from the inside post in route races. I was able to replicate this result in my own study of nearly 100,000 races conducted a decade later.

Horse Racing System #3 – In maiden claiming races, bet the horse with the best pedigree. They will, however increase the chances of a profitable day at the races by ensuring that your wager dollars go where they have the best chance of success. Just don’t expect to quit your day job.

For as long as humans have bet on horse racing there have been system sellers trying to con the gullible into parting with their hard earned money with the lure of easy profits to be made on the sport of kings. Thanks for reading, and see you in the winner’s circle.

First time starters return only about 60 cents on the dollar, and second time starters are only a little better, returning less than 70 cents on the dollar. My study suggests that’s not the case.

How do we identify the best pedigree, then? If you’re using the DRF past performances, use the stud fee as a proxy for quality, and the Tomlinson figure to judge suitability for the distance and surface. Horse Racing System #2 – Bet horses that have an excuse for a poor performance in their last race