Sports Betting-Inside the Numbers:Favorites

 Sports Betting has a variable that all pundits or bettors are aware of. Who is the favorite is the question asked before any contest or event between teams or individuals.This is the team or individual that is generally considered as the better of the two.The consensus of the public along with the statistics associated with opponents plays a part.

The Sports Betting Operators assess the opponents once an event is scheduled and within moments,provide the betting community with a number. While the bettors is lookung at emotional attachments and personal prefences,the operators uses algorithms and data to arrive at a number. The number the operator selects is designed to create a balance of interest in the event. 

When a popular team is onvolved,balance is hard to achieve. Some rabid fans of the Kansas City Chiefs or the Philadelphia Eagles will wager on their home teams  regardless of the designation as a favorite  or a underdog. An undefdog is the team that is viewed as the weaker of the two. Regional Sports Book Operators are quietly rooting that the home team wins but does not cover the number assigned to the event. Covering the number is qinning by more than the figure posted. The Eagles may be favored by 7 points over the New York Giants. The Sports Book Manager in Philadelphia wants to win money. The way to do that is for favorites to loses or at least not cover.

When a number is assigned,there are  two segments that follow it. Smart Money comes in first. Smart Money is from people that are astute sports bettors that generally wager limit or high amounts of money.Smart Money is known to take advantage of a line  or number. Public Money comes next. The public takes time to decipher the number. In that time,the sports book operator can slightly adjust the number based on the smart money wagered initially.

My next post will go into how the operator arrives at a number and the strategy associated with it. Remember that knowlege and discipline equare to power! Always think smart responsible gaming.

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Sports Betting 101: The Las Vegas Experience

After decades of having a monopoly on legal Sports Betting in the United States, Nevada is now sharing it's spotlight with the rest of the nation. There are several states that are currently offering sports betting with legislation in place for at least 20 more within the next 2 years. So if you are about to make your 1st bet or if you have made a wager on a sporting event outside of Nevada within the past 5 months,we want to give you a glimpse of what the Las Vegas experience.

Sports books in Las Vegas have a synergy that flows thru the hotel. The sports book is as much a staple of a property as the restaurants and the slots machines. But a great sports book experience will compare to being at Xfinity Live on Eagles game day. People will drive 50 to 100 miles to be a part of it. It will be excitement. The crowd will engage with each other and strike up conversation during breaks in the action. Those conversations will range from "who do you like today to where are you from."

The bets on the boards will cover all the major sporting events for that day or week. The busiest days are the weekends. The best offering for wagers is on Monday. Monday has MNF or Monday Night Football. It is the get back night. You are trying to get back the money you lost earlier that day or weekend.Many props bets that would not be available during the week will be offered. Be selective!

The sports books in Vegas range from the stadium style seating you find at casinos that feature blackjack,roulette and baccarat to plush lounge chairs and couches that provide special amenities. We will expand on which of these are trending as we continue this series. 

If any organization wants to innovate your Sports Betting operation from your competitors then watch what we post in 2019.

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