A Closer look at the First Preseason game.

      Today I thought we would talk a little more about the American Football Preseason game coming up this Sunday. The Line has moved over night, today's Line is Arizona Cardinals +3 -110 and New Orleans Saints -3 -110 and the Over/Under 35 -110. Yesterdays Line was Arizona Cardinals +3 -115 and New Orleans Saints -3 -105 and the Over/Under 35 -110 a small move but a move nonetheless.

      This is from the same Sports Book and also why I always tell you that you should check the Line regularly as it can move at anytime and also why I tell you that when you see a Line you really like you should bet it right then. Now as to why the line moved, well it could be any number of reasons, but the most likely reason is that the Sports Book had more money on one side than the other and had moved the Line to even things out and it worked and so the Line changed.

      Now as to the game itself the Arizona Cardinals and the New Orleans Saints have played each other 3 times since 2008 and New Orleans has won 2 out of 3 times. But the last time they met was October 10^th, 2010 and Arizona won. So Head to Head depending on how you look at it, it could go either way.

      In the League rankings it is Arizona Cardinals 1^st and New Orleans Saints 4^th in Offense, in Defense it is Arizona Cardinals 28^th and New Orleans Saints 25^th, in Passing it is Arizona Cardinals 1^st and New Orleans Saints 4^th, and in Rushing it is Arizona Cardinals 20^th and New Orleans Saints 9^th. As you can see they are fairly well matched with a slight edge going to New Orleans.

      Nether team is ranked very well in Defense and both have good scores in Offense and Passing, but New Orleans has a clear edge in Rushing. So most people think that New Orleans will win but that the score will be very close.

      Myself I also think that New Orleans will win, partially because they are playing at home and New Orleans, to me seams to play better when they have the home field advantage, or at least I think they do. So if I bet on this game I will take New Orleans to win buy at least 3 points or more.

      As I have said before I don't bet much on the preseason as the coaches are trying out new players and the players are just getting back to playing after the off season, so if you bet don't over do it. Well good luck with your preseason bets and I hope you are doing well betting on the Olympics.

How we are doing in the Olympics?

      Well the Olympics are well underway and the Medal count for the top three are:

                China   8 Gold   4 Silver   2 Bronze    Total 14

                USA    3 Gold   5 Silver   5 Bronze    Total 13

                 Italy    2 Gold   4 Silver   2 Bronze    Total 8

     It is still very early and we will check back with the count later in the week.

      So far China has taken Gold in Diving, Shooting, Swimming, and Weightlifting. The USA has taken Gold in Shooting and Swimming and Italy has taken Gold in Archery and Fencing. This count can change quickly so check out the Olympic website for the up to date count.

      There have been some interesting moments such as the British Women's Double Scull team setting a new Olympic best time as they qualified. I hope you have been enjoying watching the Olympics and have won some money betting on them.

      The Sports Books have been offering some great lines for the Olympics and are offering new ones everyday, like in Men's Basketball China +16½ 115 against Russia -16½ 115 and the Over/Under, Over 154½ -120 and the Under 154½ -110. Or the unbelievable Line in the USA vs. Tunisia Men's Basketball game of Tunisia +55½ -115 and USA -55½ -115 and the Over/Under 165 -115, that is one of the highest point spreads I have seen in Basketball.

      Well we still have several big events coming up and a lot of Olympics left to watch, so grab a seat and watch some great sports. Check your Sports Book and place a bet or two and get ready for the American Football preseason starting Sunday August 5^th with the Hall of Fame Game. The current Lines for the preseason opener are Arizona Cardinals +3 -115 and New Orleans Saints -3 -105

and the Over/Under 35 -110, check your Sports Book for their Line today.

Today is the Start of the Olympics

      Well a very old tradition starts today, the modern Olympics started back in 1896 over a hundred years ago but the games have a much longer history. The Olympics are more than just a world wide sporting event, they signify an effort for peaceful coexistence. The games give the countries of the world a non-violent way of competing with each other.

      The first written recorded record of an Olympic game was back in 776 BC and it is believed that they had been around for years before that, they went on every four years until 393 AD, almost 1200 years. The original event was running and the length was around 210 yards, and the first recorded Olympic Champion was Coroebus.

      Now we have a multitude of events and are still adding more. The Olympic games have and are still evolving into a great show of peace and unity for the human species.

      Today is the Opening Ceremonies and there is only one event in Archery held today but starting tomorrow the games really get under way with around 16 events starting and Soccer and Archery continuing.

      Most Sports Books are offering Lines on most of the events, so check your Sports Book every day to see what is available and make a few bets to make watching the events even more exciting. The tradition of betting on the Olympics is just as old as the Olympics themselves, so carry on the tradition betting on your country and make a few bets today.

      Watch the Olympics with your National Pride, but bet on them with your head and not your heart. Hope everyone out there enjoys the spirit of the Olympics and I also hope that all the players have a safe time competing. Good luck with your betting and I hope your bankroll wins some gold as well as your country.

Some more Terms

      I thought that today we might talk some more about some of the common terms in sports wagering. There are a lot of terms you will hear when talking about sports wagering with experienced gamblers that can confuse you.

      Lets start with a very common term, when you hear gamblers talking about wagering you might hear someone say “I've got “Action” on this game” or asking “do you have “Action” on the game”. “Action” in wagering simply means that you have a bet on that event. You can also use it to tell people that you are willing to take a bet on the game or looking to place a bet on the game.

      You might also hear someone say that their team did not “Cover” the Line, or ask did the team “Cover” the spread. What “Cover” means in sports betting is that the team won the bet by more than the “Point Spread”. So if they say that their team did not “Cover” the Line, what they mean is that the team did not win the game by more than the “Point Spread”.

      We also talk a lot about the “Odds” on the game this is either the “Money Line' or “Point Spread” on the game, these are also called the “Lines”.

      In wagering there are a lot of terms and the “Lingo” can get you confused, just remember if you are talking to your Sports Book and they say something you do not understand then you should ask them what they mean. Never place a bet if you don't understand what exactly is going on or what exactly is going to happen.

      A good example of this is in Baseball, when you place a bet in Baseball the book will ask you if you want to “List the Pitchers”. Now what this means is if you “List” the pitcher, that the pitcher you “listed” must start the game or your bet is canceled and your “Risk Money” is returned to you, but if you did not “List the Pitchers” and there is a pitching change, your bet is still on.

      So if there are some terms you are not sure about, please feel free to leave them in the comments section and I will try to explain them for you.

More about the Olympics.

      Now that the Olympics have started you should look to see what bets are available at your book, remember that the odds on events like Soccer will be listed with the other Soccer odds. Today was the Ladies starting events and tomorrow are the Men starting events.

      While I was writing this story I checked some of the scores and Great Britain had won over New Zealand 1-0, Japan beat Canada 2-1 and the USA beat France 4-2. Now there are still 3 more games today and the Men's games are tomorrow and there are some interesting match ups.

      Some of the match ups are South Korea +225 and Mexico -105, Japan +725 and Spain -300, and there are 6 other match ups. So check out what games your book is offering and place your bets now.

      In the Olympics, like in most Soccer Cups, each of the countries teams are put into groups, you can find a list of the groups on the internet and also find the bracket showing you what the match ups are.

     There are a lot of events coming up in the next 19 days, so be sure that you check your book every day to see what Lines they are offering.

      Now that these are regular Lines and not “Props” you can parlay them as well, unless your book has the games “Circled”. So check out the lines that your book is offering and put some more excitement in watching the Olympic games today.

The Start of the Olympics.

      The start of the first event in the Olympics is tomorrow with the first game in Women's Football and then first game of Men's Football on Thursday. The actual Opening Ceremonies are Friday July 27, 2012.

      The Olympics have a lot of different games and medal events for you to watch, so there is something for everyone. You can find a schedule of the events online and find out from your local TV provider when and what events are televised in your area.

      Every Sports Book will offer many different bets for the Olympics, so you should check the “Prop” section of your book, every day to see what is available. Just Remember that when betting on the Olympics don't go overboard, just bet enough to make the events even more fun to watch.

      The Olympics are very interesting to watch, and see the amazing abilities of the people who dedicate their whole life to sports, and the heights that they can reach when they go for the Gold. Myself I like the Archery, Fencing, Shooting, and Equestrian events. These are the sports that you don't see very often, but the Bobsled events are a lot of fun as well.

      Sadly the Olympics are only every 4 years and the Closing Ceremonies are on Sunday August 12, 2012. We only get about 19 days of events so don't miss your favorites and be sure to place a few bets to make it even more interesting to watch.

Some Terms You Might Hear

      Hello, today I though we might talk about some of the Terms you hear a lot in Sports Betting. First Thing you hear a lot is “On The Board” or “Off The Board”.

      The “Board” is the list of Games the book is taking bets on right now, this name comes from the chalk boards that the betting odds use to be written on in the casinos. So if something is “On The Board” it is available to bet on right now, and if it is “Off The Board” it is no longer available to bet on it.

      Most books take the games “Off The Board” about 2 to 5 minuets after the game starts. If you try to bet on a game after a it goes “Off The Board” you are trying to “Past Post”, this is more of a problem in Horse Racing, where the whole thing is over in less than 2 minutes, than in most sports.

     You will also hear some people asking for a “Rundown of the Lines” or just a “Rundown”, what they are asking for is a list of all the games the book is offering right now. This happens a lot during Football season as people call up early to ask for a rundown of the lines, then call back in a few minuets with the games they want to bet on.

      Another term that might affect your betting is if a game is “Circled”, what this means is a game has lower betting limits than normal. This can be because of several different reasons, from poor weather to player injuries or player suspension. It is also important to note that any “Circled” game can only have “Straight Bets” placed on it as a rule, no Parlays or other “Exotic” bets allowed, unless otherwise noted.

     Their are a lot of terms in sports wagering and we will talk about them from time to time, if you hear a term that you don't understand, please feel free to leave a comment and I will be gladly answer your questions.

  

More about “Prop” Bets

      We have been talking about Sports Betting on the Olympics, last time we talked about the odds on the Men’s Archery Team. This time I thought we might give the Ladies a shot.

           Olympics Women Basketball

           USA -1250

           Australia +450

           Russia +800

       And at the bottom of the list is:

           Great Britain +10500

           Angola +12500

      As with all your bets on the Olympics you should remember that the players are not professionals, they are the most talented amateurs and the future of their sports. They should be some really great games to watch.

      Check your Sports Books “Props” section to see what bets they are offering you on the Olympics, and while your there see what the “Futures” on your favorite team to win the Superbowl next year. Remember “Props” are fun but don't bet to much on them, because with any bet that is so speculative you have to be very careful

  

Action Points, What are they?

      There is a type of bet offered by some Sports Books that we have not talked about yet, it is called Action Points. Action Points can be very profitable, but as with all bets the bigger the profit the bigger the risk. Action Points are for the persons who thinks really that they can predict the number of points that his team will win the game by.

      How it works is that you will bet not only that your team will beat the “Point Spread”, but by how many points they will beat it by. You will be risking money on each of the points beyond the “Point Spread”. You must pick a “Cap”, which is the number of points that you are going to risk money on.

      This “Cap” tells the book your max risk amount, you must have this amount in your account. So if you set a cap of 5 points in a football game you must have $550 in your account if you risked $100 per point. Since Action points are only available in Football or Basketball and the odds with “Point Spread” bets are usually $110 to win $100. Most of the books allow you to set your “Cap” between 1 and 10 points.

      Remember the number points you bet on tells you both the max amount you can win or lose.

      Now this is how it works if you bet on the Buffalo Bills +5, with a cap of 10 points, and bet $100 a point. Your max Risk is $1,100 and the most you can win is $1,000, but you can lose up to the full $1,100 you risked. The bet will be graded on the number of points above the Line that your team wins by, or the number of points below the Line that they lose by.

       So if the Bills win the game by 10 points and the line was -5 you won your bet by 5 points and you would win $500. If the Bills win by 15 points you would win $1,000 because the “Cap” was 10 points. If the Bills win by 3 you lose $220, because they did not cover the Line of -5 and you risked $110 a point. And if they lose by 15 you would lose the max risk of $1,100 because your “Cap” stopped your losses at 10 points.

     So as you can see this can be a really great bet for growing your Bankroll but it can also really cost you if your team loses, as always in betting the greater the reward the bigger the risk. So if you use “Action Points” be very careful and don't go overboard with your bets.

      Remember they say the journey to anywhere starts with but a single step, well in Wagering your new Lifestyle starts with but a single bet, so get started today on the road to the lifestyle you want.

Part 2, Picking you a Sports Book

      Finally you should check out what bonuses they are offering. Remember don't just check on how much you are getting but what restrictions they are placing on you after you receive the bonus. All books require some type of “Rollover” on bonus money. What they mean by this is that before you can withdraw your winnings, that you must “Risk” your entire deposit a certain number of times.

      So if a Sports Book offers you a 10% bonus, and you deposit $100, you would get $110 dollars into your account for you to bet with. However you might not be eligible for a withdrawal until you have “Rolled Over” your money 3 times. What this means is you would have to make bets, with the risk totaling $330. So if your first bet is for $110 to win $100, and you win, you would now have $210 in you account, but could not get a payout because you have only risked $110. You would need to risk another $220 before you can have a payout.

      This is to give the Sports Book a fair chance to get your money. Now the reason you want to know the number of “Rollovers” is because most books are offering a lot more than 10% and this means that the “Rollovers” can be really big.

      For example I recently saw several Sports Books offering 100% bonuses on your deposit. When I checked out 3 of them and there was a big difference in the “Rollovers” that they each required, we will call them Book 1, 2 and 3.

      Book 1 was offering the 100% bonus but required you to “Roll it Over” 35 times, this means on a $100 deposit you would end up with $200 in your account but would have to risk $7,000 before you could get your first payout.

      Book 2 was offering the same 100% but only required a 25 times “Rollover”, meaning that you would only have to risk $5,000 before you could get your first payout. And Book 3 was only asking for a 20 times “Rollover”, so with them you only had to risk $4,000 before you could get your first payout.

      So as you see in this example because I shopped around I saved up to $3,000 in fees. So as with your betting, when choosing a Sports Book, DO YOUR RESEARCH. Take a little time and be sure to get the Knowledge you need, to really enjoy your sports betting experience, and win the lifestyle you have always wanted.