Competition leads to innovation and that can certainly be seen in the sportsbook business in recent years. The offshore industry is undergoing the same changes that Las Vegas has in the last twenty years. Las Vegas was once the domain of casino operators that many people considered to be shady or to have questionable pasts. … Read more
This week marks the start of my second football season as a part-time columnist and the resumption of weekly publication (instead of my cushy off-season schedule of one issue every 2 or 3 weeks). For those of you that are new readers (and especially for new bettors) let me provide a little introduction. Do you … Read more
Last week I talked about how the House comes up with a pointspread and what it represents. Preseason football is the first opportunity we have to bet pointspreads each year (in the bookmaking world, your year starts in August) so naturally that is the topic for this week. Unlike college football where there is no … Read more
Last week, I discussed some of the factors involved in betting on preseason football. One portion of that column featured an interview with Bodog’s top bookmaker Kent where I quoted him as saying we just follow the money and try a lot harder to balance action in reference to moving lines on preseason games. This … Read more
Over the last couple of weeks, I have discussed how a pointspread is derived by a sportsbook and why the lines change. Now that we know the how and why of pointspreads, we can discuss how best to take advantage of different lines books offer. Like the last two columns, long-time readers will find the … Read more
Last week I promised that this week’s column would be the most important one ever and as a bettor, I think it is. Money management theories abound but I have yet to see any proof that any of them really work. What I do know is there are a lot of bad money management strategies … Read more