Football Betting

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Negative Effects of Gambling

A recreational activity is supposed to be refreshing and relaxing, but something like gambling is contrary to the very purpose of recreation. In the following sections of this Buzzle article, we discuss the negative effects of gambling on the individual and society.

? The costs of treating compulsive gamblers are huge. 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. 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 = Thoughtless Expenditure + Waste of Time

? 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.

? Studies show that children with a sibling or parent addicted to gambling, are more likely to take to substance abuse.

? People continue gambling with the greed of winning money. It causes a decline in his/her work performance, thus hampering his career.

? People who fall prey to gambling tend to remain away from their families and waste money on other bad practices. 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.

Initially, one looks at gambling as a way to run away from life’s problems, or from stress, anger, and loneliness. It can drag you into crime, gambling isn’t fun.

Mental and physical health problems, financial issues, and conflicts in the family are among the common negative effects of gambling. This proves to be detrimental to their social and family life. Betting is a mentally taxing activity, and as one goes on risking more and more money, anxiety starts building.

? They start borrowing money and take secret loans. You could be at gunpoint or holding the gun. A study by the same university suggested that 73% of the individuals who are imprisoned are found to be problem gamblers.

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

? Gambling at the cost of one’s job results in a decline in the quality of his professional life. Card games, coin tossing, and dice-based games are some non-casino based forms of gambling. They engage in gambling activities at the cost of their time with family and friends. In spite of the losses incurred, they continue betting. Due to lost mental peace, they may ill-treat their spouse and children. Because of this, they land in worse situations and take the wrong decisions in life.

? 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.

Compulsive gambling leads to bankruptcy

? Gambling is practiced as a means of recreation. The addiction robs a gambler of all the productive time and leads to loss of efficiency at work. Thus, gambling can have a grave economic impact which is difficult to reverse.

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. Thus, gambling practices cause a huge financial burden on the families of the affected and on the society at large.

? Addiction to gambling has been linked with substance abuse. The National Council of Problem Gambling (NCPG) describes this type of gambling behavior as problem gambling.

? Problem gamblers and addicts tend to abuse their family members. Some go that way to forget the sorrow of losing big sums when gambling.

? Research has shown that gambling can lead to harmful behavior in people. Their debt keeps building and it may reach an amount that exceeds their capacity to repay.

? 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.

? According to a study by the George State University, 50% of the problem gamblers commit crime. The stress of risking huge amounts of money or the frustration after losing it can increase the tendency of abuse in gamblers. Six to eight million people in America are estimated to have a gambling problem.

? Gamblers often exhibit mood swings and a strangely secretive behavior. They tend to stay away from their near ones, resulting in distrust between them and their loved ones.

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

? The addiction to gambling can leave one in bankruptcy. It only leads to a thoughtless expenditure of money and valuables.

? Gambling can lead to criminal activities. The two go hand in hand. Some take to substance abuse to supplement the high they get from winning huge sums while gambling. Forget satisfaction or peace, it is not even refreshing in the real sense. The addiction gets on to the gamblers to such an extent that they fail to think wisely before acting. 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.

? Gambling has proven to be addictive. To add to the so-called merry atmosphere, gamblers often smoke or drink while playing.. Rehabilitating the gambling addicts needs money and time, and the process is not very easy. Addiction to gambling, coupled with substance abuse can make the gamblers physically abusive towards their family. Their mental state can even lead to suicidal tendencies.

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

? 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.

? Substances of abuse are served at casinos and in pubs and clubs, thus increasing the likelihood of gamblers consuming them. 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. The addiction leads people to continue with gambling irrespective of whether they earn or lose in the deal. It soon becomes a habit that can’t be broken.

? Over time, the practice of gambling starts becoming a habit and begins to have damaging effects at psychological, physical, and social levels. The greed never ends and they keep betting more and more. On giving a serious consideration to the negative effects of gambling, we realize that it is best avoided.

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

? Additionally, rehabilitation and public assistance systems are taxed.

? Similar to how an individual keeps consuming substances like drugs or alcohol to experience an altered mental state, he continues to gamble. Over time, it becomes a habit, and eventually an obsession that can’t be overcome. Sports betting and arbitrage betting are the other types

How the Sports Betting Line is Made by RJ Bell

Oddsmakers at LVSC are professional sports junkies who love what they do and would probably do it for nothing if you asked them, but they do get paid for it. People think it’s much more complicated, but it’s not.”

Since the oddsmaker’s ultimate goal is equally dividing the betting action, public perception and betting patterns must be taken into account. Each of these oddsmakers bring unique opinions, strengths and weaknesses to the process.

Once a game’s power rating based pointspread is determined, the oddsmaker will make adjustments to that line after considering each team’s most recent games played and previous games played against that opponent.

RJ Bell

©Pregame.com 2006

Website: http://www.Pregame.com

“The #1 thing for us is to make a line for each game that creates good two-way action.

Oddsmakers can also change the line depending on various event-related factors such as player injuries or weather.

Contributed by:

Las Vegas Sports Consultants (LVSC) is the world’s premier oddsmaking company and the most respected authority on making the lines. The power ratings are adjusted after each game a team plays. If an oddsmaker comes up with a preliminary line of USC -7, then an adjustment up to -7.5 or -8 would be made in response to the public’s expected USC bias. In our extended interview, Seba explained that there are 4-5 oddsmakers assigned to make lines for each of the major sports (pro & college football and basketball; MLB, NHL, boxing, golf). Of the 4-5 oddsmakers, generally the 2 most respected opinions are weighed more heavily by the Odds Director before he decides on the final line.

Divided action means the sportsbook is guaranteed a profit on the game because of the fee charged to the bettor (called juice or vig – typically $11 bet to win $10). Obviously, if the line comes out a week ahead of the event (which is the case in football), there is much that could happen during the week leading up to the event that could affect the line.

How the Opening Line Is Made

For example, if the pointspread on a game is 7 and most of the money is coming in on the underdog (taking the +7), sportsbooks will then move the number down to 6 ½ to try and attract money on the favorite. We do this by drawing from past experiences and applying them to current situations. Reasons for such adjustments include:

The purpose of these adjustments, like all line adjustments, is to more equally divide the betting action.

Moving the line is the oddsmaker’s effort to balance betting action, and often times such moves can have a major impact on a bettor’s decision. Oddsmakers have to determine if any changes are necessary and send out an “adjusted line.”

What Is the Line Trying to Accomplish?

A round-table discussion among the 4-5 oddsmakers involved in making the line for each sport is then conducted and a consensus line is decided upon by the Odds Director before it is released to the sportsbooks. Also, adjustments are made after reading each team’s local newspapers to get a sense of what the coaches & players are thinking going into the game.

Experts working for the individual books having a strong opinion on the game

The opening line is the first line created by the oddsmakers, which is then sent out to sportsbooks. For example, the public might have heavy betting interest week after week on a popular college football team such as USC.

The last step in the line-making process for each oddsmaker is taking one final look to determine whether or not the line “feels right.” This is where common sense and past experience with how games are bet enters into the picture. Examples of non-game factors that would require an adjustment to a team’s power rating are key player injuries and player trades. By necessity their approach is very research-oriented and concise, since with millions of dollars at risk there is little margin for error. This usually includes having up-to-date power ratings on each team. That is not the case at all – their intent is NOT to evenly split the ATS result between the teams; rather, their goal is to attract equal betting action on both sides.

Why the Line Changes

Once betting begins, sportsbooks can adjust the line at any time. In doing so they attempt to make more attractive the team that is getting less action. Mike Seba is a Senior Oddsmaker at LVSC and has been making lines for the last six years. Of course there is an entire method to the madness on how the opening line is created. Seba explained that it all starts with each oddsmaker creating a line on each game based upon their own personal approach. Once the opening line is released by LVSC, the individual sportsbooks decide if they want to make any adjustments before offering it to the public.

Power ratings are the oddsmaker’s value of each team and are used as a guide to calculate a “preliminary” pointspread on an upcoming game. By moving the line, sportsbooks can influence how the public bets on a particular game.

“You either have a passion for it or you don’t,” Seba said. If we’ve done that, we’ve done our job.”

There is a common misconception that point spreads represent the oddsmakers’ prediction of how many points the favorite will win by. Stated another way, they want to create a line that half the people find appealing to bet one way while the other half find it appealing to bet the other way (known as ‘dividing the action’).

Individual books having players who consistently bet with certain tendencies (such as an extreme bias toward favorites or toward a certain popular team like USC)

“The main objective is that our clients get equal action on both sides,” Seba said. “We’re not trying to pick the team that covers the spread, we’re trying to make it a coin flip, a tough decision (for the bettor).

Make Bets That Assure You A Win

. Losing with a small amount will not be a disaster,you can easily make other bets with more excitement and fun.

The real of of online soccer betting is not as simple as the flip of a coin which lets you decide outcome of the match. Both of the teams have unbeatable good players,but then you should make bets after doing plenty of research work,don’t just stick to one,play smartly. It is essential to make a strong by soccer betting,you do not easily lose your calm and play with utmost patience.

Managing your betting amount is a crucial part to consider while you are placing soccer bets. However, despite of being an unpredictable affair betting lets you make huge money within a short span.

Make your thoughts clear had have a strong base to make the most of this soccer betting season.

By: Pedro Walker

Online-betting.me.uk provides all information that you require for placing winning soccer bets. Website offering betting tips have plethora of tips along with a statistical analysis that guides you and let you focus on the certainty of the bets at stake. It’s quite visible that Spain and Brazil are hot favorites for this soccer season, with presence of other teams,you need to carefully analyze their individualized performance and then place bets. Generally people get excited and make bets for larger amount all the time,this can lead them to debts because bankroll emptied quite early. Make sure you have maintained a betting limit , instead of wagering with hefty bucks, play with a small amount many times. You can also take a look on online lives scores of the matches and take the reviews of expert’s punter

The money making strategy in soccer betting is all about taking advantage from the information available,the more you are acquainted with latest trends the more you have chances of making as much money as you can. Here you get trusted and reliable statistics, tables, betting tips and latest results that relates to football betting. Many times you might be very close to win,but end up losing. Websites guides players about recommendable bookmakers, betting tips, free bets and bonuses which let the players to have a unique betting style.

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All of us are aware that betting is a risky affair,this unpredicted event can take you to deep profits and at the same time you can lose also. Online betting websites are a great source which provide players with enriched betting odds, higher stakes and array of bets for novices as well experienced punters. Making money from soccer betting is all the matter of taking advantage from the information.

As the grand soccer world cup 200 is gearing near, players have great opportunity to try hand in making lucrative bets