• Gambling On Sports Games
• Gambling In Sports Issues
• How To Win Gambling On Sports Bar

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This guide is aimed primarily at people who have never bet on sports before, and know very little about what’s involved. It contains all the information needed to get started, with everything explained in a manner that’s very easy to follow. Even those who already have some experience of betting on sports may find the guide useful, as it’s very comprehensive with a lot of helpful advice.

There are a few different parts to this guide. The first part features a number of articles that are all about the basics of sports betting. These cover topics such as the mechanics of sports betting, how to place wagers, and the roles of probability and odds. The next part contains some advice for when you first start betting, and includes some useful resources for beginners. There’s a glossary of sports betting terms, and an FAQ. Finally, there’s a collection of articles explaining all about the various types of bets and the different forms of betting.

Everything that’s included in this beginner’s guide to sports betting is listed below. If you’re a complete novice then we’d recommend reading through everything in order, but you can skip to anything that is of particular interest if you prefer. Also on this page is some additional information about some other sports betting sections on our website. These are useful if you want to expand your knowledge and improve your betting skills, and there’s some advice for betting online as well.

Sports Betting Explained: The Basics

Benefits of Sports Betting

Sports betting is one of the more popular forms of gambling, because it offers a few advantages over many of the alternatives. In this article we look at its benefits when compared to playing casino games or playing poker, and also some of the other reasons why you might want to try betting on sports.

Mechanics of Sports Betting

Before you should even consider risking your own money, you should really understand the basic mechanics of how sports betting works. This article will teach you exactly what you need to know in order to start betting your money, including the three main components that make up a sports wager.

How to Place Sports Bets

Once you know how sports betting works, you can then think about placing some bets. In this article we explain what’s involved in the process, and the various methods you can use. Telephone betting, bookmaker shops, casino sportsbooks, and online gambling sites are all covered.

Understanding Odds

Odds are an integral part of sports betting, so you really need to understand them. This article does exactly that by explaining what they are and how they work, as well as also looking at their different formats. There is a guide to the math involved in calculating potential payouts when figuring out your returns.

How Bookmakers Make Money

Bookmakers don’t just make money by accident. They use specific techniques to ensure that they (usually at least) make a profit from every betting market that they offer. You need to be aware of these techniques, as they are the reason why bookmakers have the advantage over their customers.

Probability and Value

The concept of value and how it relates to probability is vital knowledge if you are to stand any chance of success when betting on sports. This article explains what you need to know in detail, and will give you a fundamental understanding of what it takes to identify good betting opportunities.

Tips, Advice and Useful Resources

The next two articles contain tips for what to do, and what not to do, when you first start betting. You should follow the advice featured in these articles from the moment you start betting. It will help you get into good habits, and greatly improve your chances of making money in the long run.

Top Tips for Beginners

There is little point in trying to become an expert on sports betting as soon as you start out. It can be hard enough trying to understand how everything works. As a beginner, it’s important to focus primarily on just the basics. There are a few simple tips that are worth following though, and we’ve listed them all in this article.

MORE Mistakes to Avoid

It’s natural to make mistakes as a beginner to sports betting, and you shouldn’t worry too much if you do. They are part of the learning process. With that being said, there are a few common mistakes that are actually relatively easy to avoid. This article provides some advice on how not to fall into the same traps that so many beginners do.

We’ve also provided two additional resources which contain very useful information for beginners.

Sports Betting FAQ

There are several questions that we hear all the time from sports betting beginners looking for advice on getting started. We’ve compiled a list of the most common ones, and provided detailed answers to them in our FAQ. The following are some examples of the questions we answer.

• What Is The Best Sport To Bet On?
• What Is A Value Bet?
• How Much Should I Stake?
• Should I Pay For Tips

The answers to these questions, and more, can all be found on the following page.

Sports Betting Glossary

There are times when it can feel like sports betting has its own language, and this can make things very confusing for a beginner. Our comprehensive glossary can clear up any confusion, as it explains all the jargon and technical terms you are likely to encounter when betting on sports.

It’s not necessary to learn all the words and phrases contained in this glossary at this stage, but you might want to bookmark it to refer to any time you come across a term you don’t understand.

Types of Bets and Different Forms of Betting

Types of Bets

The following articles will teach you all about the different wagers you can place on sports events. You probably won’t want to use all of these when you first start betting, but it’s still advisable to understand all the available options and how they work.

The first of these articles contains a brief overview of each type of bet, and you should read this one as a minimum. The rest of the articles explain each bet in more detail, with working examples. You can read them now, or refer to them at a later date when you are ready to start experimenting with different wagers.

Forms of Betting

There are a few alternative forms of sports betting that provide different ways to bet on sports events. We advise familiarizing yourself with these, even if you don’t have any plans to get involved with them right now. It’s always useful to consider other ways of making money from your sports knowledge

Before You Start: Information You Should Know

For some reason, a lot of people seem to think that betting on sports makes watching them less enjoyable. This is perhaps because they are under the impression that it means taking things too seriously, and worrying about things like statistics and form rather than simply relaxing and watching a game.

Let us assure you that this is nonsense. You certainly can choose to take your betting seriously, and it may affect the way that you watch sports events, but it really doesn’t take the fun out of things. It’s quite the opposite in fact. In our view at least, placing wagers on events makes watching them even more enjoyable. It adds to the excitement, as it means there’s always something or someone to cheer for.

It’s not essential to learn all about the strategy involved in sports betting, and indeed the vast majority of people who bet don’t. They simply enjoy putting their sports knowledge to the test, and giving themselves the opportunity to win some money. We do recommend learning at least the basics of what to do, but they are all that’s needed if you just want to have some fun and place the occasional wagers on your favorite sports.

As fun as sports betting can be, it’s important to recognize the fact that it does involve risk. It doesn’t matter how much you know about sports, you’re never going to be able to predict the outcome of events with 100% accuracy. Even if you mostly back big favorites, there’s still going to be the occasional upset where things don’t turn out as expected.

Risk is a part of any form of gambling, so don’t let this put you off betting on sports. It’s just that you need to be prepared for the possibility of losing money. Most people do lose money overall, and there’s a good chance that you will too. This is why you must gamble responsibly. You should set a budget to bet with, and only ever use money that you can afford to lose.

Even though most people lose money through sports betting, this doesn’t mean that you have to. The bookmakers do have an advantage because they set the odds, but their advantage is not impossible to overcome. It’s not like playing casino games where there is a house edge that cannot be beaten. There’s still some luck involved of course, but there is no reason at all why you can’t take from the bookmakers if you know what you’re doing.

If you plan on taking your betting seriously, and are aiming to make consistent profits, then you need to go a step or two further than just understanding the basics. Success takes hard work and commitment, and there’s a lot to learn, but with enough knowledge and the right approach you can be a winner. The following two sections of our sports betting guide can help you to achieve your goals.

Sports Betting Online

The information in this beginner’s guide is all relevant regardless of how you actually choose to place your bets. The advice it contains applies regardless of whether you bet over the phone, in a bookmakers shop, or with a casino sportsbook. Seeing as the most popular way to bet these days is over the internet, however, we’ve also produced a section dedicated to betting online. Check out our page that discusses both methods.

This section covers each of the following topics, and also includes a step by step guide to joining a sports betting site and placing wagers.

• Advantages of Betting Online
• Choosing Where to Bet
• Getting Started with Online Sports Betting
• Bonuses & Rewards
• Using Multiple Sites

Additionally, and perhaps most importantly, we also recommend the top sports betting sites in several different categories. We’ll help you to find the very best sites that are the most suitable for any personal preferences or requirements you may have. Each one of our recommendations is reliable and trustworthy, so you can be sure of a safe betting experience.

Years ago I read an article published by Michael Bluejay about how much better the odds of winning a million dollars in a casino was than playing the lottery.

Bluejay worked with Michael Shackleford, also known as the Wizard of Odds, for several years.

His system was parlaying a $10 bet 17 times. In other words, you start with a bet of $10 and double up after each win. You have to win 17 straight bets to win a million.

Of course winning 17 bets in a row is an extreme long shot, but it turns out that it isn’t near as long as hitting the lottery, or even a big progressive jackpot slot machine.

The odds of doubling your way to a million starting with a $10 bet playing the player bet in baccarat or the don’t pass line bet in craps is less than 170,000 to 1.

But what if you only want to win $100,000?

What does this do to the odds?

If you use the Bluejay system the odds of doubling your way to $100,000 starting with a $10 bet playing baccarat or craps bets as described above improve to less than 20,000 to 1. If you start with a $20 bet they improve to less than 10,000 to 1.

Starting with a $100 bet reduces the odds to just over 1,000 to 1.

It’s clear that these are all long shots, but when you compare them to many lotteries that have odds of over 100 million to 1 to win the big prize they don’t look bad.

All of this made me start thinking about legitimate ways to make $100,000 gambling.

You can follow the method described above, or you can try one of ones I describe below.

Some of them are extreme long shots, taking a chance at one lucky break, and others have a better chance to work but may take longer.

The simplest way would be to bet $100,000 on a single event, like red or black at the roulette table, or on the player at baccarat, or on a sporting event.

But when I made the following list I made the assumption that you don’t already have $100,000 to gamble with.

1 – Slot Machines

Many slot machines have top jackpots that pay $100,000 or more. Some of the big progressives have a secondary prize that pays this much, and some of the machines that don’t even offer a progressive jackpot have top prizes this big.

The odds are long, but often you can risk $1 to have a chance at winning $100,000.

If you don’t get lucky and hit a big win the slots will consistently drain your bankroll.

2 – Keno

You can find keno games that offer a top prize of $100,000 or more for a bet of $1.

Keno has the worst house edge in most casinos so just like the slot machines it’s not a game where you’re going to grind out any profit. You need to get lucky and hit the big win in order to make any money.

3 – Win a Poker Tournament

Poker tournaments run around the world every day. Many of them have small buy in’s and small pay outs, but some have pay outs in the millions. Most of the WPT and WSOP events pay over a million to the first place finisher and many have final tables that all pay over $10,000. Real money online casino.

It’s a challenge to win a poker tournament with hundreds or thousands of entrants, but if you’re a decent player your chances are much better than playing the lottery, slots, or keno.

If you enter a tournament with 1,000 players for $2,000 and the top 10 players all win at least $100,000 you have a one in 100 chance of hitting your goal. And if you win the tournament you’ll win considerably more than $100,000.

Poker tournaments are hard to win and it helps considerably if you’re a good player, but even as an average player you have a realistic chance to do well.

And even if you don’t make it to the final table and just sneak into the money you stand a great chance of doubling your buy in or more.

4 – Grind It Out at the Poker Tables

Everything I’ve talked about so far is based on longer odds. But if you can win on a consistent basis playing poker you can grind out $100,000. It just takes time.

Gambling On Sports Games

A good poker player can win around one big bet per hour playing limit Teas holdem. So if you play $20 / $40 you just need to play 2,500 hours.

If you play 40 hours a week it’ll just take 63 weeks to reach $100,000.

If you play 50 hours a week it takes it down to just 50 weeks.

Of course many variables come into play. You may play at a different limit or play no limit holdem.

But the main point is if you can learn the skills and strategies needed to become a winning poker player all you have to do is play long enough and you’ll grind out $100,000.

5 – Sports Betting

Sports betting is another area that allows some bettors to consistently turn a profit. Just like poker it isn’t easy, but some punters do it.

The size of your bets and your ability to beat the sports book directly influence if you can make $100,000 betting on sports and how fast you can do it.

The keys are developing a winning system, managing your bankroll so you don’t run out of money on a down swing, and sticking with your system.

Though it isn’t quite the same thing, some bettors are able to develop winning systems betting on horses and dogs as well. The way to reach $100,000 is basically the same.

6 – Counting Cards

Just as some poker players are able to grind out $100,000 at the tables over time, some blackjack players who learn how to count cards can grind out a consistent profit over time.

Learning how to count cards isn’t as difficult as many believe. Anyone with average intelligence can learn fairly quickly, but using it effectively at the tables and getting away with it are also skills that you need to develop.

Even if you’re able to learn how to count cards and get away with it the profit is slow and the swings are still big.

At best you work with an edge of less than 2% and most of the time it’s closer to a half percent.

This means if your average edge is a half percent and your average bet is $100 and you play 100 hands per hour you make $50 an hour on average.

Gambling In Sports Issues

But one problem card counters face is they usually can’t play for hour after hour at the same table, or even in the same casino, like poker players can do. So it’s hard to play 40 or more hours per week. It’s possible, but it’s a challenge.

7 – Win the Lottery

I talked a little bit about the lottery in the first part of the post, and the odds are the worst you can find on this page. But for a small investment of a dollar or two you have the chance to win millions.

Some of the big lotteries have second place prizes of $100,000 or more, so the odds aren’t quite as bad if that’s your goal.

8 – Roulette

If you place a bet of $2,857.14 on a single number on the roulette table and win you’re up a cool $100,000. And the odds are only 37 to 1 against you, so it’s not out of the question for it to happen.

If you don’t have that much to risk you can bet $81.64 on a single number and let it ride if you win. If you win twice in a row you win just over $100,000.

9 – Video Poker

How To Win Gambling On Sports Bar

Jacks or Better video poker machines pay 4,000 coins for a royal flush, so if you play max coins on a $25 machines, making a bet of $125, if you hit the royal you walk away with $100,000.

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The odds are long, but they’re considerably better than most slot machines and the lottery.

Conclusion

Now you know at least 9 ways to win $100,000 gambling. Some of them are long shots like playing the lottery, keno, or slot machines. But a few of them are more realistic like poker, blackjack, and sports betting. They just take more time.

The games you choose to play and the way you go about shooting for $100,000 depends on how you want to play. If you get a thrill out of the chance at a big return for a small investment you can find plenty of opportunities.

But if you enjoy grinding out a small edge over time you can do that too. Once you decide how you want to try to win $100,000 gambling you can get started any time.