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Inside information sports betting
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WHERE TO BET ONLINE
This suggests the bookies don't have as much trust in the integrity of these compared to high level sporting events. Virgin Media Workers Gain the Advantage Betting on The X-Factor It seems like reality television has been at quite the centre of multiple issues in the past, with proving to be yet another bad year. Exchange betting allows participants to wager against each other, rather than against the bookmaker itself.
Around people were affected by the scam, although the Gambling Commission issued a voiding order, allowing them to seek recompense for their illegal losses. Footballer Bets on His Own Transfer Football, or sports in general, have often had a testing relationship with gambling. Players have got themselves into masses of debt, and the governing body of football has had to battle heavily against those players who have suffered from addiction.
Yet, perhaps nobody could have guessed that a player would have wagered on his own transfer! Yet, a lot of this information was brought to the forefront after player Joey Barton admitted that he had placed bets equating to thousands of pounds on football matches. This was claimed to be very typical of football players. A common idea behind insider betting is that it would be very easy for someone working at an online sportsbook to place wagers and win.
Obviously, working so close to the sports betting scene, this would certainly prove to be an advantage. That is banned outright by the sports betting companies themselves. Does this really mean that those sports betting employees have an advantage, though? Different platforms work in different ways and tend to feature varying odds, albeit as competitive as possible.
There are many online tipping services available, which are utilised by a number of sports bettors. Can these really be considered as insider betting, though? Or are they just much more of a scam service? These give you hints and tips about which horses are the best ones to back in upcoming races or which football teams are the better ones to back in fixtures.
However — and this is a big however — there are those higher end horse racing tipping services, which do utilise insider knowledge. Yet, they also charge quite the large sums of money for their users to be a member of their community.
You will need to hand over some money to receive inside information on events for high end bets in most cases. Because the tipsters are pretty much connected and involved with everything happening in the stables, the races and so on. Is Courtsiding Insider Betting? Courtsiding is a process by where someone attends a live sporting event and is able to get information and bet on an outcome before a bookmaker does.
It is common in tennis, hence the name. Taking the example of tennis someone can sit in a stand ready to bet on the outcome of the next point, they may then see the ball go out of play before it is called by the umpire. The stats bookies use to manage their markets depends on the recorded official calls by the umpire but often it takes an umpire a few seconds between a result and a call. If someone can bet on this quickly they can make a lot of money. We talk about courtsiding in detail on a dedicated page but the question here is this insider betting or is this simply clever abuse of the system?
Well, it is not illegal as such but it is highly frowned upon e. It could be considered under the 'criminality and malfunction' classification by the UKGC but then it would be hard to prove that in court. Courtsiding therefore is a process of utilising information but gains from it are more to do with abusing technical factors such as the time between a result and an official result.
Sports Vulnerable To Insider Betting Pretty much every sport and event available can be liable to insider information and therefore insider betting. Still, there are some sports where insider betting is more common than in others: Large Team Sports e. Solo Sports e. Tennis - At the other end of the spectrum solo sports. Here the fact there is just one player means any information given can have a much bigger impact on a result. Horse Racing - You can't exactly ask a horse how it is feeling but you can get a lot of information from trainers and jockeys, which we know for a fact is used by professional bettors.
With so many people involved in training and racing a horse it is difficult to imagine insider betting does not happen on a daily basis. The difficult question in this area is whether that constitutes restricted information or if it is just good research? Low Paid Sports - At the end of the day most inside information is going to cost money and money is going to have more sway with someone earning a matter of a few thousand from a sport like a low level tennis player vs a Premier League footballer.
Therefore a lot of bets using insider info tend to be on low level events, the bookies know this and they have lower payout limits for these as a result. Sports Betting Tip 2 - Shopping for Numbers The second most important aspect of betting on sports is shopping for the best number.
There will be more discrepancy in the numbers on different sports at different sports books. The NFL, for example, will have very similar numbers at most of the betting shops you visit. On college sports and daily events like the NBA, you will be able to find different lines at different sports books. These books change their numbers according to the betting patterns of their customers, so it is not entirely uncommon to find two or three point differences in the lines.
When you are betting your hard earned money, getting the best line is a top priority. And since the lines the bookmakers release are increasingly strong, the difference between a point or two is usually the difference between a win or a loss.
Because alcohol clouds your judgment and usually helps you to make rash decisions you usually wouldn't otherwise make. To be a successful sports bettor you need to operate with a clear mind. If you have had too much to drink, it is in your best interest to stay away from the betting window. Sports Betting Tip 4 - Do your Homework As a bettor, you have the advantage of streamlining your research, which is something the sports books are not at liberty to do.
The best way to win money betting sports is to develop a niche and follow it closely. If you become an expert on a smaller conference like the WAC, you have a good chance to beat the house because sports book operators do not have the time or resources to follow this conference the way you can. There is a wealth of information on the Internet; it is just up to you to find it and research it daily.
When you are betting big bucks the difference in odds translate into a huge difference in your payout. All it takes is a little research of the sports books you usually bet at. Most books have their payout odds listed in way that is easy for the bettor to find them. It should be noted that we advise against playing parlays and teasers for the most part.
Especially anything over a 2-teamer Sports Betting Tip 6 - Play Home Dogs There is probably no better bet in sports than playing an underdog at home. Teams play inspired ball at home. Slim underdogs regularly win outright. Big underdogs often find ways to cover the spread and they rarely give up toward the end of a game in front of the home crowd.
There are many other important factors when it comes to beating the books. Many people don't have the time to study things like: statistics, line moves, game analysis, team trends, situational trends, Historical angles, valuable lines, inflated numbers on public teams, etc.
If this is your situation, there is help available to you. There are many fine sports handicapping services available. Like a good stockbroker handicapping services can advise you where to invest your money in order to limit your losses and increase your winning percentage. As with any industry there are the good and the bad. We must confess that our industry has gotten somewhat of a black eye.
The handicapping business has been flooded with rip-offs, "boiler room" sales offices and those recorded free pick phones that get your phone number so that one of their high pressure salesman can call back and hound you on a daily basis. These services are often skilled in marketing but know little when in comes to handicapping. This is not in your best interest. Be careful of services offering different levels of picks. Diamond, Gold, Silver based on the idea the more you pay, the better the picks will be.
The question will always remain. Why wouldn't you give everyone your best picks? Why give out the lower level of picks at all? At Insider Sports Report, we have only one set of picks for one fair price, no matter what size of player you are.
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HORSE RACING BETTING RULES EACH WAY
We are going to take a deep look into insider betting and discover all about it. Insider betting basically relates to someone having inside information about certain events and then placing a bet on it knowing they are likely to gain from that information. You could then head down to your bookies and place a bet on him being transferred, making you an inside bettor. That gives you some inside information that pretty much dictates you can place a bet on them getting through before anyone else knows about it.
Would it be fine for you to do this, though? Of course, people involved in the television shows or organising the sports events or anything like that are banned from making money out of insider information. Would you be committing a crime if you placed a bet on that player being transferred, knowing that it will win? The first consideration is whether people actually get caught doing this, some certainly do but we can assume many get away with it.
If someone is caught, however, there are different rules depending on the person and where the information came from, which we will cover next. Each and every incident is judged on a case-by-case basis where the Commission is concerned, while two instances could be considered as misuse of information, one could be infinitely more severe than the other. The Commission has listed six different instances of misuse of information, with the lowest being labelled as the Art of Betting.
The most severe is Manipulating an Event, which relates to using inside information to cheat and make profit from betting. There are only four of the six instances that are actually labelled as insider information, and there are different outcomes for what route the Commission would take if they were discovered.
These four of the six instances are: Type of Instance UKGC Decision Informed Information The bettor is actually aware that the information they have received should be restricted and should not be used for their own gain or passed on to others for theirs. Generally speaking, a report to the Sport Governing Body SGB would be enough for this instance and any bets placed would likely be voided. Restricted Information The bettor receives or gains information which has been obtained due to the involvement of a person passing on those details.
For example, an employee of a club giving away details of a player sale prior to it becoming public knowledge. Any bets relating to this would be voided and the informant would be sanctioned through their own governing body. Criminality or Malfunction If someone is aware of a malfunction in how something operates and makes financial gains by being aware of this and exploiting it.
Event Manipulation A player or participant actively manipulating the outcome of an event by fixing it that someone is sent off or that a specific number of goals are let in or anything similar. Dismissal of the player s is likely to occur. Famous Examples of Insider Betting Certain issues have arisen throughout the past when it comes to insider betting.
Reality television shows have created the necessity of people calling in to vote for their favourite contestants or evict their least-favoured participants, for example. The public are responsible for calling in on the given phone numbers and the number of votes need to be collated by someone or something.
Back in , the police were called in to investigate a betting ring that was earning thousands of pounds by acquiring information about the results ahead of time. Naturally, this was suspected to be due to someone working for British Telecom BT.
Each of these shows had phone lines operated by BT. While the betting ring managed to place a number of bets on events, they were eventually discovered due to the fact that all of the wagers were placed later on in the day and came from the same computers each time. Even though a member of the group did work for BT, they denied any sort of criminality, while another member claimed that it was simply luck that saw him win so frequently.
Interstingly 'novely' or 'special' markets like betting on TV shows carry some of the lowest payout limits in the industry. This suggests the bookies don't have as much trust in the integrity of these compared to high level sporting events. Virgin Media Workers Gain the Advantage Betting on The X-Factor It seems like reality television has been at quite the centre of multiple issues in the past, with proving to be yet another bad year.
Exchange betting allows participants to wager against each other, rather than against the bookmaker itself. Around people were affected by the scam, although the Gambling Commission issued a voiding order, allowing them to seek recompense for their illegal losses.
Footballer Bets on His Own Transfer Football, or sports in general, have often had a testing relationship with gambling. Players have got themselves into masses of debt, and the governing body of football has had to battle heavily against those players who have suffered from addiction.
Yet, perhaps nobody could have guessed that a player would have wagered on his own transfer! Yet, a lot of this information was brought to the forefront after player Joey Barton admitted that he had placed bets equating to thousands of pounds on football matches. This was claimed to be very typical of football players. A common idea behind insider betting is that it would be very easy for someone working at an online sportsbook to place wagers and win.
Obviously, working so close to the sports betting scene, this would certainly prove to be an advantage. That is banned outright by the sports betting companies themselves. This is why the sports books are in business.
For every sharp bettor there are a handful of bettors who lose on a regular basis. Here are some basic rules that can help you increase your winning percentage. Some of these sports betting tips are set in stone while others should be used as more of a guideline. Sports Betting Tip 1 - Money Management This is without a doubt the most important aspect of betting sports and possibly the most neglected.
The first key to proper money management is to be sure not to bet more than you can afford to lose. If you are going to bet on sports, it is important to set aside a certain portion of your money for betting and to stick with that bankroll, win or lose. Winning money on sports is not a sprint.
If you bet your whole bankroll on one game and lose, you will be more likely to try and chase your losses. If you spread your bankroll among several smaller bets, you are more likely to make a profit in the long run if you do the proper homework. Remember, there are no locks in this business and any team can lose on any given night.
And on the subject of chasing: Don't do it! There is no worse way to mismanage your bankroll than to chase your bets after a losing day. If you didn't like the game before you lost your money, why would you like it after your losses? Chasing bets is a losing proposition almost every time. If you are on a winning streak, increase the amount of your bets.
Wins and losses often come in streaks, and it can be profitable to ride out a hot streak. Sports Betting Tip 2 - Shopping for Numbers The second most important aspect of betting on sports is shopping for the best number. There will be more discrepancy in the numbers on different sports at different sports books. The NFL, for example, will have very similar numbers at most of the betting shops you visit.
On college sports and daily events like the NBA, you will be able to find different lines at different sports books. These books change their numbers according to the betting patterns of their customers, so it is not entirely uncommon to find two or three point differences in the lines. When you are betting your hard earned money, getting the best line is a top priority.
And since the lines the bookmakers release are increasingly strong, the difference between a point or two is usually the difference between a win or a loss. Because alcohol clouds your judgment and usually helps you to make rash decisions you usually wouldn't otherwise make. To be a successful sports bettor you need to operate with a clear mind.
If you have had too much to drink, it is in your best interest to stay away from the betting window. Sports Betting Tip 4 - Do your Homework As a bettor, you have the advantage of streamlining your research, which is something the sports books are not at liberty to do.
The best way to win money betting sports is to develop a niche and follow it closely. If you become an expert on a smaller conference like the WAC, you have a good chance to beat the house because sports book operators do not have the time or resources to follow this conference the way you can. There is a wealth of information on the Internet; it is just up to you to find it and research it daily. When you are betting big bucks the difference in odds translate into a huge difference in your payout.
All it takes is a little research of the sports books you usually bet at. Most books have their payout odds listed in way that is easy for the bettor to find them. It should be noted that we advise against playing parlays and teasers for the most part. Especially anything over a 2-teamer Sports Betting Tip 6 - Play Home Dogs There is probably no better bet in sports than playing an underdog at home. Teams play inspired ball at home. Slim underdogs regularly win outright.
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