Newspapers Online Casino

Month: August 2016

Will Your Sportsbook Move Off A Key Number In Football?

For gamblers, the crucial decision each weekend is whether to take or lay the number at their favorite sportsbook. On the other side of the counter, the most critical determination for a sportsbook is when to move that number. Occasionally, these two disparate but linked disciplines conspire to offer bettors the potential for a wagering windfall.

A sportsbook will usually move a football line only after the maximum amount of money, an arbitrary figure called a “game limit,” is reached on one side of a particular pointspread. Once that limit is achieved, the line is adjusted to attract action on the other side.

Let’s say the Cheetahs are 8-point favorites over the Leopards in the Meow Bowl and the sportsbook’s limit is $5,000. If $5,000 more is bet on the Cheetahs than the Leopards, the sportsbook moves the line from -8 to -8.5 or -9.

The risk of a sportsbook being middled – a situation where gamblers on both sides of a betting proposition win – is dependent on the likelihood of the game score coinciding with the game’s pointspread. Over the past decade, the likelihood of a game being won by eight points was about two percent. Thus, a sportsbook that has reached the game limit can quickly flee from -8 to -9 with relative impunity.

Simple enough, huh?

Will Your Sportsbook Move Off A Key Number In Football?

Not so fast. All men may have been created equal but all numbers weren’t. Some numbers, 7, 4, 6, and especially 3, must be treated differently by sportsbook management. These digits are known as “key numbers.”

In his industry primer, Race and Sportsbook Management, A Guide for the Legal Bookmaker, Roxy Roxborough, the book’s author and one of the planet’s leading price makers, offers this recommendation: “In order to avoid middles – the house should move around 7, 4, and 6 on approximately 150 percent times the house limit and move around 3 on 200 percent times the house limit. If the house limit is $5,000, then stick with 3 until there is a $10,000 liability and stick with 7, 4 and 6 until there is a $7,500 imbalance on the number.”

Roxborough, who taught a course in race and sportsbook management at the Clark County Community College in Las Vegas for five years, would preach to his students that any list of nightmares facing civilization would include:

1) Nuclear holocaust

2) Getting middled on 3

Most sportsbooks see it pretty much the same way.

“If a volcano went off in here I wouldn’t move off 3,” said one leading sportsbook operator.

“Who gets off 3?” wondered another sportsbook manager. “The whole world could shake and I’d still be at 3.”

Well, you get the point.

The reluctance of a sportsbook to move off a key number such as 3 is founded in strong statistical evidence. About 14% of NFL games – roughly one in every seven – is decided by a field goal. That means that if a bettor can lay 2.5 and take 3.5, he has a substantial edge over the sportsbook. Bookmakers know this too, of course, and often will go to tortured lengths, including employing a money line, to avoid moving off 3.

Key Number In Football

In the first seven weeks on the 2005 NFL season, 31 of 102 games (30.3%) closed with one team favored by three points over another. So, while it may be increasingly difficult to find a 3-point middle, there are ample opportunities for a search.

Finding a middle on any of the other key numbers, 7, 4 and 6, is easier but only about half as profitable. Over the past decade, games decided by 7, 4 or 6 occurred about 7% of the time, each. Given the sportsbook edge of 4.55% inherent in every 11/10 wager, a punter either will have to be very patient or very lucky to show a profit betting those middles.

The bottom line? If you can find a middle on 3, bet it. Middles on 7, 4 and 6 also are worth a gamble but the bettor’s edge is small. Tempting as it may be, it’s probably wise to pass on all other numbers.

BETS AND PIECES: The most famous key number middle took place in the 1979 Super Bowl between the Steelers and Cowboys. Although Pittsburgh was a solid 4-point favorite at practically every sportsbook in Nevada, an industrious bettor could lay -3.5 on the Steelers with a Dallas bookie or take +4.5 on the Cowboys with a Pittsburgh bet taker.

But that would have meant placing a wager with an illegal bookmaker and nobody would do anything like that.

Finding the Best Online Casino for Safe and Secure Play

It is difficult to visit Macau, Las Vegas, or the riverboats of New Orleans regularly. Traveling to casinos is often a long process which requires money for flights, taxis, and hotels. The expenses add up quickly. Online Gambling offer incredible flexibility for players. These Gambling sites operate 24 hours a day, 7 days a week, and many provide finest services. There are not any lines, smokey tables, or pressures to gamble from the staff.

Online Gambling are becoming incredibly popular because they offer many of the same gaming experiences offered at traditional casinos. Online Gambling games include video poker, 3-reel slots, 5-reel slots, I-slots, classic slots, American roulette, European roulette, blackjack, baccarat, Texas hold ’em poker, and even scratch lottery tickets. These games can be enjoyed in multi player environments or solo. There is never any pressure from the other players or the staff about how you want to spend your money.

Finding the Best Online Casino for Safe and Secure Play

There is a huge concern for players who are looking to gamble at online casinos. As everyone is aware, there are scam artists on the internet trying to take your money. So, one must be prudent while performing research and selecting an online gambling. Honest and trustworthy online gambling sites exist. The player must check that the gambling sites is licensed and legal, provides encryption in the software, offers game reviews, has a support staff, provides security during deposits and withdrawals, and has a commitment to responsible gaming.

Licensed and Legal

An unlicensed casino offers no player protection. As such, it is absolutely critical that the player check to see if the gambling sites has been licensed. One of the most credible and trusted licenses comes from Taj Asia Enterprises N.V. If the casino has this license, it is held to high gaming standards and offers high levels of player protection.

Software and Encryption

SSL For Secure ConnectionThe Gambling sites should have encryption in the software. Most of the top virtual casinos use 128-bit Secure Sockets Layer (SSL) encryption. 128-bit SSL encryption is the same encryption software used by the military and government to protect critical data. This commitment to protecting the players data is evidence that a Gambling sites is safe and secure.

Game Reviews

The anti-fraud division of the casino must be strong. The player should always be allowed to review and audit previous plays, hands, or spins in order to analyze the result of the game. A cashier statement system should also be in place to allow the review of any financial transactions conducted. Game reviews show a commitment to fair play from the virtual casinos.

Support Staff

Casino play online can seem daunting at first. The casino should have a support staff available 24 hours a day to handle questions, inquiries, and problems. Likewise, the support should be offered via live chat, email, or phone. A potential player should research that the casino offers a support staff before downloading any software. Top virtual casinos have amazing and helpful support staffs.

Deposit and Withdrawal Security

Protecting the players money must be a top concern for any casino. Excellent online casino use 128-bit encryption, reputable industry software (such as BetOnSoft), provide a VeriSign seal of protection, and are transparent about transaction fees. The casino should be able to take a variety of payment methods including bank cards, credit cards, cashier checks, and bank wires. The deposits and withdrawals should be timely. Top online casino take Visa, bank wires, My Citadel Wallet, Click and Buy, etc.Deposit and Withdrawal Security

A casino’s online security protection should include identity verification to prevent fraud. The casino should verify your identity with a photographic ID, proof of address, validate document, and with copies of credit/debit card transactions. If the casino is safe and secure, it will make sure that the player is the actual person conducting the transactions at the casino before allowing the player to gamble.

Commitment to Responsible Gaming

Just like traditional brick and mortar casino, online casinos should have a commitment to responsible gaming. The casino website and software should offer access to gambling support numbers and hotlines. The casino should encourage responsible play and have a proven track record of taking responsible gambling seriously.

Recommendations For The Best Online Casino For Safe And Secure Play

There are many options for gamers looking to gamble online. This is a short list of recommendations of the safest and most secure casinos available today.

Lotus Asia Casino

The Lotus Asia Casino is suited for US and Asian players. The casino uses the best encryption software and holds one of the most sought after licenses from the gaming commission. The casino is popular for multi player table games against the house and great payouts.

Black Lotus Casino

The Black Lotus Casino is preferred by UK, US, Canada, and Australia based players. This casino offers high limit gambling and some of the fastest payouts in the industry. Players can enjoy a variety of table games, slots, and novelty games.

Fone casino

The Fone casino offers safe and secure gaming via mobile devices. This Gambling site is the industry leader in the mobile gaming platform because it offers tremendous player protection. The casino also has regular bonus offers and finest promotions. Every transaction is secured with the best encryption software available in gaming.