A Comprehensive NBA Sports Betting Database

Atsdatabase.com is the best NBA sports betting database that can be found online. This site is not only dedicated to basketball, but also has stats for all the other sports in the world like baseball, football, soccer, tennis, MMA fighting, etc. It has the stats for each NBA team dating back to the 1980. So, for those of you who like to look at the stats before making a bet, make sure to consult this site. The site also has a history of being right. For example, it predicted the 2008 NBA Finals down to the last game. The database was able to choose each team that would go on in each round and chose the Boston Celtics as the NBA champions.

Playing Sports Betting Odds

Sports betting odds help people to win more money. For example, many of us have heard of 50-1 odds, 2-1 odds, and other numbers. This is usually applied to horse races like the Kentucky Derby, but can be used for any sporting event. Now, let us explain what these odds mean. The 2-1 odd means that for every two times that event occurs, the chosen team will win one time. That translates to a fifty percent rate, which is extremely high. The only problem with this is that they payout will be really low as most people know that team will win.

What is Arbitrage Sports Betting?

Here's the answer, thanks to the good people at wikipedia. http://en.wikipedia.org/wiki/Arbitrage_betting.

"Arbitrage sports betting is a particular case of arbitrage arising on betting markets due to either bookmakers' different opinions on event outcomes or plain errors. By placing one bet per each outcome with different betting companies, the bettor can make a profit. As long as different Bookmakers are used for arbitrage betting the Bookmakers do not have a problem with this. Each Bookmaker will still make profit due to their calculations.

In the bettors' slang an arbitrage is often referred to as an arb; people who use arbitrage are called arbers. A typical arb is around 2%, often less, however 4%-5% are also normal and during some special events they might reach 20%.

Arbitrage Betting involves relatively large sums of money (stakes are bigger than in normal betting) while another variety, betting investment, means placing relatively small bets systematically on overvalued odds most of which will lose but some win thus making a profit."

Tips For Sports Betting

Here are a couple of helpful tips for sports betting, courtesy of docsports.com.

"Sports betting tip #3 - Never Gamble While under the Influence
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. 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. They must keep on top of EVERY sport and EVERY game. 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."

Check out the rest of the list at http://www.docsports.com/sports-betting-tips.html.

Illegal Sports Betting in Atlantic City

I came across an interesting article from last November about illegal sports betting at a posh Atlantic City casino. Apparently, at the Borgata Casino, 23 people were arrested, including 4 involved with organized crime and 2 floor supervisors, were arrested for illegally hosting sports betting in the casino's poker room.

Those involved had an illegal betting ring on college and professional football, and raked in $22 million. The 6 casino workers that were arrested will also be disciplined by the state's Casino Control Commission, and more than likely will have their licenses suspended.

Best Sports Betting Sites

Hey there, thanks for stopping by my blog, Sports Betting 357. Today's topic is about sports betting sites. What are the best sports betting sites out there? Everyone has their own opinion, but I really enjoy bodoglife.com. You might have heard of bodog as they are huge in the poker community, but they are equally as known in the sports betting community as one of the world leaders in sports betting.

You can bet on all types of sports, from European Football, NFL, MLB, NHL, NBA, etc. Bodog has all sorts of cool promotions for their customers, and they have great articles to help you better smarter. Best of all, they've got 24 hour customer service to help you manage or ask questions about your account, they really know how to take care of their clients.

Online Sports Betting: How to Play the Spread.

Thanks guys for stopping by Sports Betting 357. Today I want to talk about online sports betting: how to play the spread. It's not as simple as picking a winner or loser. To explain this concept, I'm sharing an excerpt I got from http://www.ildado.com/sports_betting_rules.html. Enjoy, and learn!

"Point Spread. This bet lets you bet on a winner from two selections who have been made equal by allocating appropriate points to the underdog team. The Point Spread is the number of points allocated and is shown with a + sign for the favorite and a - sign for the underdog. The favorite has to win by more than the Point Spread for you to win, otherwise you lose your bet even if the team wins. Inversely, if you bet for the underdog, that team has to lose by less than the Point Spread for you to win. If the favorite wins by the exact Point Spread, then it is a push or a tie. You get your bet back. To eliminate a tie result, the oddsmakers sometimes include a half point spread. Since scores use full numbers only, one team has to win outright."