Posts Tagged ‘leisure’
Written on July 31st, 2010 by Ross Everettno shouts
Many serious sports bettors consider the futures wager the province of rank amateurs trying to go for the big killing. They’re the sports betting equivalent of the wanna-be stock investor who always gripes if only I had bought Microsoft when they went public. They’re not the type who’ll do the work to grind out profits in the market, nor are they forward thinking enough to find the next big company to go public. They’d rather lay some money on a high priced dog and hope for the best, which seldom (if ever) occurs. Right now at some sportsbooks a $100 bet on the Cincinnati Bengals to win the 2010 Superbowl will pay back $10,000. The problem is that the true odds of Cincinnati winning the Superbowl are probably in the range of 50,000 to 1 which makes the +10000 you’re getting in this bet a bad value from the get-go.
Of more practical concern to the serious sports bettor is the necessity of tying up a portion of your wagering bankroll for a long period of time. Additionally, once you’ve placed a futures bet the outcome is still subject to the typical areas of concern for sports handicappers–injuries, trades, coaching changes, etc. It’s hard enough to stay on top of these variables on a day-to-day basis, and predicting them over the full season is downright impossible.
Despite their downsides, futures bets have an important place in the investment oriented sports bettor’s arsenal. The ‘prime directive’ for serious sports betting is to think of it not in terms of wins and losses, but in terms of value. Futures wagers frequently present opportunities to lock in line value and create overlay situations. In some cases, judicious use of futures can produce situations in which a bettor can realize a profit from any outcome! Below are some basic concepts for properly using futures wagers to maximize value.
Futures can be a good way to leverage value on propositions where your knowledge is greater than the bookmaker’s. For example, many sports books offer betting propositions on entertainment oriented events like the Academy Awards. A handicapper who pays close attention to the movie industry and Hollywood news can stay one step ahead of the linesmaker.
Some books even take bets on the major awards like ‘Best Picture’ and ‘Best Director’ before the nominations are actually announced. In this situation, a bettor who can read the ‘buzz’ on which films will be nominated can find substantially better values before the nominations are announced.
The nature of the film industry makes using a future wager in this manner very attractive. The release schedule of films is established in advance and is publicly known. The cut off date for award consideration is the end of the calendar year, so nothing can pop up and become a surprise after that. Of the hundreds of films that are released each year only a handful are legit Oscar contenders and with some work its easy to narrow those down further. After that its just a matter of finding the value.
Written on April 13th, 2010 by Ross Everettno shouts
South America will host the Summer Olympic Games for the first time in 2016, as Rio De Janeiro, Brazil was awarded the honor on Friday. Rio beat out the US choice of Chicago, Illinois along with Tokyo, Japan and Madrid, Spain to earn the right to host the games. Despite a high pressure effort from the American power elite–including President Barack Obama and TV gabfest queen Oprah Winfrey–Chicago was the first city eliminated from contention. Tokyo was the next to go, before Rio got the nod over Madrid in the final round of balloting.
Bookmakers offered odds on the host city choice, with Rio listed as second favorite at +200. Chicago had been the wagering favorite at most books, particularly after President Obama got involved personally in the US bid effort. Chicago was bet as high as a -300 favorite, while Madrid and Tokyo were priced in the +250 range. Some suggest that Tokyo didnt deserve to have such short odds, but was the beneficiary of regional pride from the notoriously enthusiastic betting population of Japan.
Luiz Inacio Lula da Silva, President of Brazil, got the better of his US counterpart Barack Obama The Brazilian leader stressed the unfairness that South America had never hosted the games in his speech to the committee;
“It is a time to address this imbalance. It is time to light the Olympic cauldron in a tropical country.”
The Olympic committee was apparently swayed by this presentation and paid no mind to Rios many downsides. It is without a doubt the most dangerous of the finalist cities, where drug cartels and armed bands of thugs roam without impunity. Well do to Rio citizens are used to removing watches and jewelry before they drive anywhere lest they be targeted by carjacking brigands. Rios murder rate is also one of the highest in the world. Brazilian bid officials have stressed that security will be a priority at the games and it better be lest the Olympics turn into a bloodbath.
Some IOC members suggested that the summary dismissal of Chicagos bid was more of a rebuke of the notoriously corrupt USOC. The last two Olympics held in the US were tainted by crime and corruption. The’96 Atlanta Olympics were disrupted by a terrorist bombing, while the 2002 Salt Lake City Winter Games were marred by a well known bribery and corruption scandal.
Ross Everett is a freelance sports writer and respected authority on World Cup betting. His writing has appeared on a variety of sports sites including sports news and sportsbook directory sites. He lives in Southern Nevada with three Jack Russell Terriers and an emu. He is currently working on an autobiography of former interior secretary James Watt.
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Written on April 6th, 2010 by Ross Everettno shouts
The NBA All Star game was played without a couple of high profile participants this year as the Los Angeles Lakers’ Kobe Bryant and Philadelphia 76ers’ Allen Iverson would not play due to injury. Kobe and ‘AI’ were the latest in a string of injuries to All Star players that also claimed Portland’s Brandon Roy and New Orleans’ Chris Paul.
Kobe Bryant has been plagued with minor injuries all year, but missed the Lakers’ last three games prior to the All Star contest due to an ankle sprain. Los Angeles is hopeful that by not playing in the game that Kobe will be able to return to action immediately after play resumes following the All Star break. Bryant did travel to Dallas to participate in All Star game festivities. Kobe is always the center of attention wherever he goes and presided over the annual slam dunk contest as well as a benefit appearance for retired racing wombats.
Iverson has missed Philadelphia’s past five games due to an illness suffered by one of his young children. Unlike Kobe, Iverson wasn’t expected to be in Dallas this weekend due to the nature of his situation. It’s debatable that Iverson deserved an All Star game nod in the first place. He quickly wore out his welcome in Memphis to start the year, and eventually landed back in Philadelphia where he’s averaged 14.4 points per game since his return. He was voted in to the starting lineup by NBA fans, and this renewed calls from the media to revise the procedure for selecting All Star game participants. Many would be pleased if the fans were taken out of the process of selecting the starting lineup altogether.
Jason Kidd of the Dallas Mavericks was chosen to replace Bryant in the Western Conference lineup, while New York’s David Lee was the East’s fill in for Iverson. The West already had two ‘fill ins’ named to their roster as Denver’s Chauncy Billups and the LA Clippers’ Chris Kaman took the place of Chris Paul and Brandon Roy respectively.
NBA betting enthusiasts had several options on the menu beginning with the annual ‘rookies vs. sophomores’ game on Saturday. The Sophomores were a -12 point favorite with the total set at 245′ but were crushed by the rookie team.
Ross Everett is a freelance sports writer and respected authority on World Cup betting. His writing has appeared on a variety of sports sites including sports news and sportsbook directory sites. He lives in Northern Nevada with three Jack Russell Terriers and a kangaroo. He is currently working on an autobiography of former energy secretary Donald Hodell.
categories: NBA basketball,basketball,sports,recreation,entertainment,marketing,business,leisure
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