п»їCould Senate Bill Finally Lead To Legal MA Sports Betting?
As promised, Sen. Brendan Crighton filed the sports betting bill he hopes could finally bring about legal MA sports betting.
Crighton broke down the pertinent points for LSR earlier this month and there don’t appear to be any surprises in SD 177 .
“We’ve modified our bill over the past few years but we’re pretty confident in the product we have now,” Crighton said at the time.
Crighton’s legislation would require an up-front $10 million fee from any gaming operator that wants to offer Massachusetts sports betting. Sports betting revenue would be taxed at 15% . The bill bans betting on in-state college sports .
Massachusetts obviously would be better off acting sooner than later to get legislation passed. Sports betting dollars are already freely flowing over its border to New Hampshire and Rhode Island , both of which legalized more than 18 months ago.
Who can take part in MA sports betting?
Now that SD 177 is published, we know who will be in line for a sports betting license:
Massachusetts’ two full-service casinos – Encore Boston Harbor and MGM Springfield – and its Plainridge Park racino operated by Penn National . That means Barstool Sportsbook , BetMGM and WynnBET are guaranteed licenses. Horse racing tracks and off-track betting facilities. New racetracks would be required to invest at least $25 million within three years to qualify for a license. Mobile-only sports betting operators.
All licenses would be good for five years with a $1.25 million renewal fee. There’s no limit on licenses for now, though that could change as the bill progresses through the legislature.
Crighton mentioned his bill could bring in $70 million for the state before a bet is accepted.
House proposal calls for betting study.
Rep. Bradford Hill has a sports betting proposal of his own, though it could slow down the rollout of a legal industry considerably.
HD 118 and HD 119 establish a special commission that would comprehensively study online sports betting. The eight-person commission would include appointees from Gov. Charlie Baker, the Massachusetts Gaming Commission and leaders in the House and Senate.
The bills are identical except for the breakdown of where tax revenue will go.
“I want as many bills in so we can get something passed,” Hill said.
The commission would have to meet within 30 days of the bill’s passage. A recommendation for sports betting legislation would be due within 120 days of the bill’s passage.
Hill’s proposal also taxes daily fantasy sports revenue at 15% with an application fee that’s the lesser of $100,000 or 1.5% of the operator’s gross revenue from the previous year. DFS is not illegal in Massachusetts but there’s currently no tax structure.


Delaware Sports Betting.
Online Sportsbooks В· States В· Delaware.
Are you excited about the idea of Delaware online sports betting? Many are not sure about the status of legal Delaware sports betting. So, this guide will help you learn all about the status of sports betting legislation in the state.
Contents.
Sports Betting Sites in Delaware: What’s Legal? Best Online Betting Sites in Delaware Delaware Park Racetrack Dover Downs Gaming Harrington Raceway Inc. Betting Apps in Delaware Delaware Sports Betting: Events & Betting Markets Delaware FAQ.
Delaware Daily Fantasy Sports (DFS)
Daily Fantasy Sports (DFS) is a new way to play on major league sports teams and players in Delaware. Try your sports knowledge skills by playing DFS, on a variety sports events like NFL, NBA, MLB, NHL PGA, MLS, and more.
Sports Betting Sites in Delaware: What’s Legal?
So, as of right now, Delaware online betting on sports is not yet legal in the state. But, Delaware does have other legal gambling options. In Delaware, you can find legal online casinos, legal online poker tables, and legal online harness racing bets.
But, what does this mean for Delaware online betting legal websites? Because Delaware has many legal options for online gambling, it can be expected that sports betting will be legal there eventually. The question is just when this sports betting legislation will happen.
Last year, in 2018, PAPSA was overturned by the United States Supreme Court. Since then, many states have jumped to legalize sports betting in their state. We can expect Delaware will want the boon to their economy this legislation could give them.
States where you can already place an online sports bet today :
Best Online Betting Sites in Delaware.
So, as mentioned before, Delaware sports betting is not yet live online. Nor, is it legal. However, a few casinos in Delaware have put out their own online casinos.
This means that we can look at these casinos and see what we can expect with legal sports betting. And, when Delaware online sports betting becomes a reality, we can also expect these operators to dip a toe into the pool.
Delaware Park Racetrack.
The Delaware Park Racetrack already offers an online casino and online poker tables. And, it does have Delaware online betting on sports, where your rewards are deposited into your account. So, you can expect this online sportsbook to go live statewide when it can.
Dover Downs Gaming.
Dover Downs Gaming also offers online poker tables as well as an online casino. Plus, you can place bets on things like NASCAR, harness racing, and some professional sports. So, this is one operator to look out for when it comes to online sports betting.
Harrington Raceway Inc.
Harrington Raceway already has apps for online horse race betting. So, it is expected to launch an online sportsbook as soon as it is able to. And, customers will most likely be happy to use a site they have already trusted.
Betting Apps in Delaware.
So, unfortunately, because there are no legal online sportsbooks just yet, there are no Delaware betting apps. But, we can expect the state to have sports betting apps in the near future. The betting apps that happen in Delaware will probably be similar to the ones in other states.
Delaware betting apps will probably be available for iOS/iPhone devices as well as Android devices first. You will only be able to use these betting apps if you are located in the state boundaries. And, you must be of legal gambling age in the state.
Delaware betting apps will try to recreate the same feel as their desktop websites. You should be able to place the same types of bets on the app that you can on the website. And, you should be able to check your account on the app the same way you would on the site.
Delaware Sports Betting: Events & Betting Markets.
So, even though there are no Delaware online betting legal sites just yet, you should do your research for when online sportsbooks launch. You will want to know the types of bets that you can place on these online sportsbooks. And, you will want to know the best events to place your wagers on.
Type of Bets.
There are numerous types of bets that will be live once Delaware online betting legal sites launch. You must be familiar with the types of bets before you go about placing any money down. So, the most popular types of bets will be discussed further.
Typically, most people think of outright win bets when they think of sports betting. This is an easy type of bet where you choose the team or player who you believe will win the sporting event. And, you place your money according to the odds listed on the sportsbook.
There are also a lot of other types of bets that you can place. You can place money on the player who you believe will be the first to score. Or, you can place a bet on the predicted final score of the game.
Best Delaware events & teams to bet on.
Delaware online betting legal sites will also want to offer promotions for teams and events that locals love. Delaware does not have professional sports teams in the same way that a lot of other states do. It is finally getting its own professional hockey team, the Delaware Blue Coats.
So, you should look into local teams from other neighboring states when trying to place sports bets. Delaware online sports betting sites will also most likely offer promotions centered on the biggest sporting events of the year. That means you should look out for promotions near the World Series, the Superbowl, the World Cup, and other major sporting events.
Delaware FAQ.
The FAQs below contain answers to some very important questions. Take a look at them to learn more about Delaware sports betting.
Is sports betting legal in Delaware?
Delaware online betting legal sites are not yet around in the state. So, you can find legal online casinos and legal online poker tables in the state. But, online sports betting is not yet legal in the state. However, many expect it to be soon.
Who can place a sports bet in Delaware?
The legal gambling age in Delaware is 18. So, when online sports betting and retail sports betting is legal, you must be 18 years or older to place a sports bet. Delaware online sports betting will be limited to those that are within the state as well.
Is mobile betting available in Delaware?
Because Delaware online sports betting is not yet legal, mobile betting is not legal in Delaware either. But, because Delaware allows for online poker table apps and online casino apps, we can expect sport betting apps in the near future.


Plot Twist: Cuomo Wants Lottery To Run New York Online Sports Betting.
Following earlier remarks that indicated Governor Andrew Cuomo’s intent to support mobile sports betting in New York, a new twist has emerged. Cuomo’s office issued a release further detailing the Governor’s plans for mobile sports betting. There’s one big catch: Cuomo wants a Lottery-run sportsbook monopoly.
“Under Governor Cuomo’s proposal,” reads the statement, “the New York State Gaming Commission will issue a request for proposals to select and license a sports operator or platform to offer mobile sports wagering in New York. This operator or platform must have a partnership with one of the existing licensed commercial casinos.”
Simply put, this means Cuomo wants one sports betting operator. This model is best likened to Delaware, where sports betting and online casinos are all operated by 888 Holdings.
Revenue A Key Driver.
Cuomo’s reasoning for a single-operator Lottery-based sports betting model is revenue.
“At a time when New York faces a historic budget deficit due to the COVID-19 pandemic, the current online sports wagering structure incentivizes a large segment of New York residents to travel out of state to make online sports wagers or continue to patronize black markets,” Governor Cuomo said. “New York has the potential to be the largest sports wagering market in the United States, and by legalizing online sports betting we aim to keep millions of dollars in revenue here at home, which will only strengthen our ability to rebuild from the COVID-19 crisis.”
But Cuomo doesn’t want all the potential revenue to go to casinos. He made this much clear in a press conference, according to WKBW Buffalo . “I’m not here to make casinos a lot of money, I’m here to raise funds for the state,” said Cuomo.
Impact On Sports Bettors.
Should New York move forward with Cuomo’s desired model, sports bettors would have a single platform to bet on. At best, the selected operator might be able to launch multiple skins of the same sportsbook with the functionality remaining the same.
Any move toward legal sports betting is a good one for the potentially massive New York market. But to many, this model is limiting.
For players, this means only one sports betting option. The Lottery’s partner could set its own odds and promotions without fear of much competition. For operators, it paints a stark picture: either win the contract or stay out of New York.
The New Jersey Effect.
New Jersey siphons its fair share of business from New York, drawing about 20% of sports betting revenue from bettors in the neighboring Empire State.
If Cuomo’s desired model comes to fruition, it spells good news for New Jersey. Operators in the state could still market to New Yorkers who want an option that isn’t partnered with New York’s Lottery. And if revenue is Cuomo’s chief concern when it comes to sports betting in New York, the impact of New Jersey should be first on his list of worries.


South Dakota Sports Betting Proposal Includes Mobile – With A Catch.
South Dakota residents approved sports betting in Deadwood by referendum last November .
What they also approved was language that created a mobile loophole.
Whether bets are technically placed on a device or on a server remains an unanswered legal question in federal law. SD bets legally have to be placed at a Deadwood casino, but that can be established by keeping the mobile betting servers at the casino.
SB 44 introduced by the Committee on Commerce and Energy suggests exactly that:
Any sports wagering may only be conducted in the interior of a licensed gaming establishment within the city of Deadwood. Each operator or route operator that is authorized by the commission to conduct sports wagering shall install and maintain equipment that is approved by the commission to ensure that all bets are placed from within the interior of a licensed gaming establishment within the city of Deadwood.
It’s also important to note that the distinction “within the city of Deadwood” does not apply to the state’s 11 tribal casinos . Under federal law, Indian casinos can offer any games authorized by that state’s legislature on tribal land.
Unfortunately, legal SD sports betting could struggle to capture dollars flowing to the illegal market or nearby Iowa should this bill pass as written.
Market-killing South Dakota sports betting bill detail.
While it’s a big plus to include mobile betting in the bill, there’s one flaw preventing a truly open market.
The legislation requires in-person registration in Deadwood, which sits on the western border of the state. That’s a problem for those throughout the massive state that want to legally take part in online sports betting.
Take a sports bettor in Sioux Falls – a 5.5-hour car trip from Deadwood – for instance. That bettor would likely continue to bet in Iowa, which is only a 20-minute ride.
Iowa just became easier too.
In-person registration recently expired in Iowa. That means anyone can bet with any sportsbook in the state with just a quick trip over the border.
Other important details:
It will only cost $2,000 annually for a sports betting license. No betting on South Dakota college events . No prop bets that focus on an individual college athlete’s performance.
In-person registration could change after passage.
While there’s no expiration date for in-person registration like in the Iowa or Illinois sports betting markets, South Dakota could change its mind down the road.
Rhode Island did just that last summer. Originally, the RI sports betting legislation interpreted state law to mean customers must sign up in-person.
A later review indicated the servers being at the casino was enough to satisfy the law. Since the change in July , revenue and handle increased every month year-over-year through November .
Professional sporting event definition could cause confusion.
One notable area of the bill is the definition for a professional sporting event:
“Professional sporting event,” a sporting event, other than a minor league sporting event, in which two or more persons participate and receive remuneration in excess of their out-of-pocket expenses for participating in the event;
This type of language has caused issues in the past. Some PGA Tour events were not available to bet in Illinois because of similar language.




All today football match predictions
Ncaa week 1 predictions
Sergio ramos odds
Templegates horse racing tips
Correct prediction betensured
Pga fantasy golf
Nba betting odds
Betfair football accumulator
Star sports bet
Vip bet tips
Dream11 kabaddi tips app
Tips for fixed matches
Golden nugget sports book ac
Pff mock draft
Nfl spreads week 8
Anonymous fixed matches
Ranking nhl prospects
Victor football prediction
Live sports betting tips
Top 30 soccer prediction website
Week 9 waiver wire
Oddsshark ncaa football
Washington redskins draft picks
Nhl draft winners and losers
The world best prediction site
All today live scores sure match football prediction
Number 1 draft picks nba
Sure win 1x2
The herd blazin 5
What bets are in a round robin
Totesport contact
Betting websites australia
Mega jackpot sure tips
Good sports betting websites
Gulfstream park tips
Top correct score prediction
Mwos betting
Nfl draftkings lineup
Betnumbers tips
World sports betting south africa
Football betting tips sites
Nfl player props bovada
Eagles mock draft
Sure games
Week 2 college football predictions
Offsidebet fixed matches
Bet365 football
Week 11 nfl bets
Plastic tip darts
Venabet prediction today
Espn college basketball picks against the spread
Betvictor casino
Basketball teasers
Dfs expert picks
2006 nfl draft
Week 4 nfl straight up picks
Soccer score predictor
Week 9 nfl spread
Single matches 1x2
2017 nba redraft
Betting odds website
Nfl odds footballlocks
Nfl expert picks week 6 2020
Stephen curry nba draft
Best prediction site in world
Dart throwing tips

Football Correct Fixed Matches
Football Betting Tips

п»їWhat Is a Sharp in Sports Betting?
Jonathan Daniel/Getty Images. Pictured: Paddy Fisher, Nate Hall and Ryan Field.
This shouldn’t come as a surprise, but not everyone is equally skilled when it comes to sports betting. Most bettors are somewhere near 50-50 (in other words, below the 52.4% clip needed to make a profit on standard point spread bets, with some lower and some higher).
And some significantly higher.
Now, the term “significantly” needs to be contextualized in that usage. No one is hitting 75% of their plays over time, for example.
But a very skilled bettor might be somewhere around 55%, and some could even approach 60%. Bettors who hold such a win rate over a long period of time are called sharps.
What Is a Sharp?
In sports betting, a sharp is a long-term winning bettor whose opinion is well respected by sportsbooks.
When a sharp bettor places a wager, sportsbooks take notice and might even move their lines as a result. If several sharp bettors come down on the same side of a game, the line will almost certainly change — even if that side is not the popular one.
How Can You Tell What Sharps Are Betting?
There are a few ways to gauge sharp action (what sharps are betting on). Some of the easiest include comparing bet percentages to money percentages as well as line movement, and from locating steam.
Our PRO Report highlights sharp action on specific games, and our Bet Signals at Sports Insights give you detailed market moves in real-time, including steam, reverse line movement and more.
Check out our new NFL PRO Report, where we highlight factors that provide betting edges — like large wagers, historically profitable betting systems, model projections and expert picks — that when combined with sharp money can powerfully detail the smartest bets on a given slate.
Bet vs. Money Discrepancies.
Something to note about sharp bettors: They aren’t in the gambling business for the thrill of the sweat (though perhaps that’s why many started). They are professionals who see sports betting as a serious source of income. As such, they aren’t just putting $25 down on a game they like.
With that in mind, comparing the percentage of tickets (bets) to the percentage of actual money on that side can give a good indication of how sharps are betting.
If only 25% of bets are landing on Northwestern in a game against Michigan, for example, but the Wildcats are also accounting for 55% of the money, there’s a pretty good chance that sharps are among that 25%.
Reverse Line Movement.
Reverse line movement occurs when a betting line moves away from the popular side, and is perhaps the clearest giveaway of sharp action.
To return to the example above, if all you know is that 25% of bets are landing on Northwestern, but you see that Michigan has fallen from -10 to -9 since the line opened, you can pretty safely assume — barring no injuries or other game factors changing — that oddsmakers are looking to take on more Michigan action because their sharper customers are betting Northwestern.
In other words, step back and ask yourself why oddsmakers would move the spread to make it easier for the majority of their customers to win this bet. They likely have either a significant monetary liability or have been influenced by sharp action. And in many cases, one means the other.
Steam Moves.
A steam move is defined by a sudden, drastic and uniform line move across the sports betting marketplace, and is usually the result of multiple sportsbooks taking sharp action on the same bet at the same time.
Steam is not easily trackable without help from a betting service, as it requires either an odds page — with live updating numbers from all across the market — to be open, or a feature like Sports Insights’ Bet Signals, which track and record each occurrence of steam in real time.
Should You Follow Sharp Action?
Since sharps are long-term winning bettors, the simple answer to this question is yes, but what makes the answer not-so-simple is that truly following sharp action is almost impossible.
Because sharp action usually results in line moves, it’s difficult to make the same bets that sharps are making.
Another danger of trying to follow sharp action is that some seemingly sharp moves can wind up being part of a greater “setup” to create a more favorable line for the bet that the sharps actually want to place.
For example, a sharp bettor or sharp syndicate (group) may attempt to cause a steam move by placing bets on a given team, only to come back with even bigger bets on the other side once the line has moved to a more desirable number.


Gambling 101: What are Sharp and Square Bettors?
Sports bettors are usually split into two categories. Often feared by bookmakers, sharp bettors make up the select few who gamble on sports to earn a living. As the vast majority, and favored by sportsbooks, bettors are labelled as squares due to a variety of reasons. Generally speaking, professional bettors tend to cash in on upwards of 55% of their wagers. The percentage dips for recreational players, as they normally win approximately 48% of their total bets.
How Are Sharp Bettors Defined?
Also referred to as “wise guys,” sharp bettors are methodical players who live and breathe sports betting. Sharps wager large amounts but do so via smaller bets at a variety of sportsbooks. In order to fly under the radar, and not draw attention from bookmakers, sharps may have a crew of money runners (beards) who place their wagers. Sharps are proactive and use sophisticated algorithms to forecast betting odds on a variety of contests before sportsbooks post their prices.
Pros tend to bet on opening odds and that action may cause bookmakers to adjust the lines after the initial wagering wave. If a -3.5 NFL point spread favorite is heavily bet, linemakers may move the odds to -4 to create action on the underdog side. Sharps are also known to bet big on one side, in order to move a line, so they can place an even larger wager on the other side. To gain maximum odds value, pro bettors have multiple accounts at several sportsbooks.




Sporting news nfl picks
Yahoo fantasy football pick em
Nba odds today
Sure 5 odds predictions
Week 3 college football predictions
Singapore pools sports football
Where to buy correct score xbox one
Solopredict tomorrow
Soccer expert predictions
Premier league table predictor
Nba lottery picks
Nba draft 2nd pick
Basketball over under predictions
Fantasy golf picks arnold palmer invitational
Super horse racing tips
Nba fanduel picks
Week 6 over under nfl
Watch nfl draft
Sky sports efl predictions
William hill home of betting
Best undrafted nba players
Derrick rose draft
Betting online in south africa
Gal betting
Winning soccer tips today
Forebet value bet
Ncaaf picks
Leaguelane safe 100 yard sales
Betdaq tips
Nba draft 2nd round
Redskins nfl draft 2020
Latest mock nfl draft
Vitibet btts
Feyenoord fixed matches
Football accumulator tips for today
Nfl draft by team
Bet365 predictions today
Nfl fanduel lineup
Nfl week 7 predictions
Turkish super lig predictions
Where to buy correct score verizon
Nfl odds predictions
Nfl schedule week 2 point spread
Sure win football predictions
Max payout sportsbet
Leaguelane fixed soccer clubs
Sandown race tips
Supreme court sports betting opinion
Nfl playoff betting predictions
Sports betting in oklahoma casino
Bet365 for android
Mock draft fantasy pros
Ronnie stanley
Pro football pics
Week 9 nfl line
Prediction nfl week 10
Mn vikings draft
Kyrie irving draft
Nfl week 10 lines
Mr fixit football tips
Nick bosa 49ers
Stakegainprediction
Online bet9ja
Forebet bts tomorrow
Sports betting marketing strategies

Football Betting Tips
Football Correct Fixed Matches

п»їSports betting statistical analysis using.
Sport betting is a form of wagering on the outcomes of traditional probability games such as cards, dice, or roulette as well as on the outcomes of sporting events such as football or baseball. Betting results are resolved at the conclusion of the event and generally requires that neither of the parties involved in the wager has any influence on the event in question. A private citizen wagering on the outcome of a football match between Manchester United and Chelsea would be considered a form of sports betting, while the team owner making that same bet would not be considered a form of sports betting.
Sport betting has been popular for centuries. The earliest forms of contemporary sports betting revolved around cock fights in the late 17 th century, while wagering on horse races became highly popular between the 19 th to 20 th centuries. In 1960, television gave birth to a new era in the history of betting on team-based sports, and the longstanding 10% tax on sports betting was eliminated in 1974, leading to even more popularity. In 1990s, the advent of the Internet facilitated online sports betting, creating an increasing need for sophisticated statistical tracking, like regression analysis, to develop winning strategies for wagering.
Traditional gambling and sports betting: Are they same?
Sports gambling: Profitable or not.
In 2011, the gross gaming revenue of the global gambling industry was $368.4 billion, with 8.60% of this total earned from wagers made over the Internet. Online gambling includes all Internet-based portals that provide lotteries, poker, casino games, bingo, and sports betting. Sports betting remains most popular form of online wagering, representing 43% of gambling revenue earned from Internet sources, with a total market of $13.66 billion.
Figure: Worldwide gross gambling revenue.
**source: Statistical Methodology for Profitable Sports Gambling.
Methods used in sports betting system.
Various methods can be used to generate a sports betting system, although most experts agree that the most widely used method is regression analysis. Regression analysis can be used to establish the important factors and variables which will influence the overall outcome of a sporting event. Multivariate linear regression, logistic regression, and multiple regression analysis can all be used to calculate the probability of any outcome, and since determining the outcome of a sporting event requires analyzing a high number of variables, regression analysis provides a suitable framework for defining and assigning a value to these variables. For example: A multivariate linear test on American football games was conducted by NFL. The result showed that the most important variable – the variable with the highest influence over the outcome of the match – was “passing efficiency”. Recent movies and bestseller titles like Moneyball have delved into the world of statistical analysis, driving increased interest in the use of regression analysis for sports betting.
Logistic regression analysis.
Logistic regression is a forecasting technique that provides a probability percentage for a given variable. For example, if one wants to calculate the probability of a team winning the 59 th game of the season, they would analyze the last 58 games to obtain the team’s point differential or margin of victory (MV or MOV). Margin of victory is a statistical term which indicates difference between the number of points scored by the winning team and the number of points scored by the losing team. A smaller MV represents a close match, and by using statistical software like SPSS, the following equation can provide the percentage chance that the team will win, based on MV scores:
(e is known as euler’s number, roughly 2.72).
A percentage chance of winning can also be determined in Microsoft Excel by using this equation:
Multiple regression analysis in sports betting.
Multiple regression systems are widely considered the most reliable modern sports betting system. This core of MRA is built on a timeless logical assumption: “what’s past is prologue”. This means that one must know the past to know the future. To create a multiple regression betting system, one must have reliable data regarding past information of the players and teams, meaning that trustworthy historical data is crucial to building an effective multiple regression system.
An example of using a multiple regression system in sports betting.
A sports bettor will wager on the final match between Team A & Team B.
Regression #1: Bettor finds that Team A won the regular series against Team B by 3-1 during the first match of the year.
Regression#2: Bettor finds that Team B crushed Team A in a recent playoff match.
Regression#3: One player of Team A is Player X, and Player X has never won against Team B.
Since both teams have scored a victory, bettor determines that the key variable is the presence of Player X, and decides that Team B will win the match. Thus, by using multiple regression analysis, bettor is able to analyze the events of the past and extrapolate the most probable future.
To utilize multiple regression methodology in a betting system, one needs to posses consistent and reliable data on the past performance of both teams and players (“Multiple Regressions”:2013). Without an extensive and dependable source of historical data, the bettor will not be able to regress into the past to determine probable outcomes of future events (“Multiple Regressions”:2013).
To develop a multiple regression system, mining data from an online sports book that can offer accurate historical sports data in a format that is easily accessible and actionable is highly recommended. These sports books also provide step by step rules for implementing regression analysis techniques in sports betting.
Note that regression analysis methodology is also employed by most casinos in an effort to generate probabilities that favor the house – for similar reasons, sports books use regression analysis to provide sports betting enthusiasts with the same advantage. While we all know that no future event can be predicted with 100% accuracy, a comprehensive regression analysis system can be used by sports boo developers to calculate probabilities that are highly reliable.
Problem of using regression analysis in sports betting.
There is one glaring problem in using regression analysis to predict outcomes of sporting events: the differentiation between correlation and causation. Regression analysis is effective at identifying a correlation between events, but cannot properly identify whether one event is caused by another. For example: regression analysis can be used to show that every time Team A loses, player X does not score a goal. However, regression analysis cannot be used to conclude that Player X not scoring a goal is the cause of Team A losing the match.
In other words, regression analysis can be used to determine probable future performance based on defined past outcomes, but is unable to define causes for past outcomes. Ultimately, the effectiveness of any multiple regression system relies entirely on the proper selection and comparison of variables.
Other betting systems.
In addition to multiple regression analysis, there are two other commonly used wagering methodologies: the arbitrage betting system and the use of statistical anomalies. Arbitrage betting is designed to generate profit without taking a loss (“Multiple Regressions and Statistical Anomalies”:2012), and in most cases the result of sports event is not considered. Naturally, profits are not guaranteed, but arbitrage is a straightforward strategy that can easily be learned by novice bettors.
When implementing a strategy around statistical anomalies, the bettor seeks to gain a competitive advantage by diverging from seemingly sound predictions by introducing variables that are often overlooked by other forms of betting systems. Using this tactic successfully requires a careful study of both teams and players, as well as a variety of incidental variables, such as weather, crowd sizes, health conditions, or injuries. By using this methodology, the bettor is attempting to determine how individual players and teams deal with anomalous situations not generally encountered during a match (“Multiple Regressions and Statistical Anomalies”:2012).
While regression analyses can help a bettor identify and define the variables that may affect the outcome of any given match, determining which variables to measure and compare is the central challenge in building a winning regression system. Therefore, regression analysis in sports betting is based upon not only a comparison of reliable past data with future events, but in deciding which variables may potentially alter the probabilities of those future events.


Mathematics and Statistics in Sports Betting.
Don't be afraid of Mathematics and statistics when betting on sports. You may ignore teams' stats but you cannot afford ignoring these simple calculations.
Some mistakenly believe that mathematics and statistics are insignificant in sports betting. The truth is that just like in casino games, the effectiveness of a sports betting system to generate profits depends strictly on mathematics .
Even when there is no obvious system, as if a player bets blindly, the bettor may inadvertently wager using math correctly! Even in the case when betting decisions are influenced by the news, predictions and rumors, a player’s profitability is directly depended on math .
On the other hand, statistics may be applied when we create a system, but are mainly used in the study of the system’s results, as in testing the credibility of the followed methods.
Mathematics in sports betting: Just a simple equation.
The truth is that for most people betting on sports is more like a hobby – as it should be.
However, if sports bettors spent some time on making the following very simple calculations, it would be possible to minimize the losses from betting and, why not, stop being an expensive hobby.
There is no doubt most players lose a lot of money betting , either online or offline. The majority of players do not record the results of their bets. In other words, they do not systematically track what comes in and what goes out on their betting account each month. This is one of the 10 reasons we lose in sports betting.
Going back to the topic of mathematics in betting, coming out a winner in sports betting depends on a very simple equation .
Consider the average of odds you bet on, let us say 2.00. Now think how often your betting tips win. Suppose the answer is 45 percent. This means that for every 100 bets, you win 45 bets corresponding to 45 units profit (since you are betting on 2.00 average odds). At the same time, you lose 55 bets, which translate to a loss of 55 units.
If you wager €10 per bet on average (in this case one unit equals €10), after 100 bets you would make €450 on your successful predictions and lose €550 on the rest. So you will find yourself to be losing a total of €100. If you bet 100 times each month (about 3 matches on average per day), sports betting costs you about €1,200 every year ; more than a regular monthly salary for most people.
The above example can easily be represented by the general equation Y= X*Z, where X is the average odds of betting and Z is the success rate of predictions. If the product (Y) is greater than 1, you will be a winner in sports betting in the long run. Otherwise, the smaller than 1 the quicker you lose your capital.
These are actually the only math to have in mind – for the bettors who want to bet merely for the enjoyment. The result (Y) in that mathematical equation distinguishes players between winners and losers and betting systems between profitable and money-losing.
Write down all the matches you bet at odds of 2.00. Then verify how many of those bets have worked well. If it is 50 percent or less, the news is not good. However, if it is over 50 percent then, in general, you pick your bets correctly .
How do I win in sports betting? The answer lies on the equation!
We all wonder how come some people manage to win in sports betting. That is the same as asking how the Y in the equation above is larger than 1. The answer of course lies on X and Z.
In the example above , we saw that X equals to 2.00 and Z to 0.45 (45 percent). Thus, in order Y to become larger than 1, either X or Z should increase. This means we should choose higher odds than 2.00 or increase the success rate of our forecasts.
So there are two solutions:
to stick to the same method of picking our bets looking, however, for better odds ; or to improve our betting system’s winning probability .
In the first case, odds comparison is crucial, while in the latter we should work on the parameters and variables of our system.
You can read more about the relationship between the odds and probability in the article about how we select the right bets online.
Statistics in Sports Betting.
We have now demonstrated how a single mathematical equation distinguishes winners from losers. Since we are on the awkward subject of math, let us say a couple of things about statistics and odds.
There are quite a few posts that I read online from time to time that advise players not to follow the statistics, if they want to win in sports betting. They claim that statistics are there to be challenged, as historic data and the frequency of a team scoring, for example, do not have any effect on our sports betting performance. As they say:
type=”center”]The ball spins without knowing any laws or statistics!
Indeed, it is a totally respectable view, no objection on that. Nevertheless, we must not forget that there are a large number of applications and innumerable excel sheets dealing with statistics in sports betting; a fact that, if no other, demonstrates that a great percentage of players are trying to beat the odds through the analysis of teams’ and players’ statistics. By completely rejecting the notion of statistics in sports betting is like deploring those who follow it.
Moreover, we should consider the fact that in every sport event, statistics are reported during the event. At the same time, major sports news sites keep statistical data for many years to come.
Yet you might say: well Jim, you already answered that question yourself. Statistics just sell to a whole lot of people who think they may become winners following statistical models. They are giving them the necessary hope to keep them into the game, to keep them interested.
This is indeed an explanation that perhaps I should write about in the future. Having said that, I must also mention that at times betting systems emerge, which rely exclusively on the statistical analysis of the games. Moreover, in several movies statistics are shown as the Holy Grail of betting . What the heck, a part of these allegations must be true.
Nevertheless, statistics in sports betting are applied extensively when building or improving a particular betting system . Now, I am not talking about the input variables of a system, such as statistics used in tennis matches. I’m referring to the statistical analysis of the system’s actual performance, such as the drawdown.
By studying the reliability of the system, based on statistical aggregates, we are confident for the betting system’s future performance , while confirming the proper functioning of our system. A system that makes 5 points out of a sample of 100 bets may be satisfactory. Yet, I would rather have a system that makes 250 points tested on a sample of 10,000 games! And that is where mathematics and statistics make a huge difference in sports betting.


Sports Betting - Statistics & Facts.
The global gross gaming/gambling yield amounts to more than 400 billion U.S. dollars each year. Gross win from gambling represents the amount of money the gambling operation keeps from the customer’s stakes, wagers, bets etc. less the winning paid out to the customer and before deducting operating expenses. With about one third of the global gambling gross win, Asia is the biggest market for gambling and sports betting in particular. Probably the fastest growing segment of the industry is the online / interactive category, as the global online gambling market has grown at a consistent rate over the last few years from around 20 billion U.S. dollars in 2009 to more than 40 billion U.S. dollars by 2016.
Sports betting services are provided by companies such as William Hill, Ladbrokes, bet365, bwin, Paddy Power, betfair, Unibet and many more through their websites and in many cases betting shops. In 2015, William Hill generated around 2.37 billion U.S. dollars in revenue with about 13.26 billion U.S. dollars in total being staked / wagered with the company.
According to a Statista survey, almost 50 percent of people 18 years and older in the United States have placed a bet on a sports event at least once in their life. That share is even higher amongst those that watch at least some March Madness games.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Interesting statistics.
In the following 8 chapters, you will quickly find the most important statistics relating to "Sports Betting".


Applying Data Science to Sports Betting.
Jordan Bailey.
Sep 18, 2018 В· 7 min read.
In the past few months, I took a class in Data Science through General Assembly, a coding academy. We primarily coded in Python, with extensive use of Python libraries designed for mathematical computation & statistical analysis (Numpy, MatPlotLib, Pandas, and others). I wanted to write this article to detail the motivations, methods, & findings of a data science project I created as part this class, in a way that was more accessible to a non-technical audience.
Introduction.
For our final project, w e were directed to use the tools we developed over the course to come up with a problem which could be addressed using a machine learning model.
I will go through my workflow throughout this project, starting with stating the problem I set out to address, looking at my method of acquiring the data, moving through how I structured my dataset, and ending with an explanation of the models I created and an interpretation of their results. I’ll conclude with some lessons I learned in the process.
The Problem.
I’m a big fan of NBA basketball. The idea for this project occurred when trying to think of a way to use basketball statistics in a machine-learning context. I initially thought of using box score statistics from previous games to make a prediction as to whether a particular team would win or lose. I am also a big fan of sports betting (in theory, less so in practice), so I thought it would be more interesting to try and make a prediction using box score statistics, with the idea I could use that prediction to inform a bet.
My decision for the ultimate direction of the project was to use NBA box score statistics from previous games to train a logistic regression model. This model would return a prediction as to whether a game’s total score would be Over | Under a point total set by a bookkeeper. The hope was I could use the predictions over the course of an NBA season to inform a long-term betting strategy.
Context.
For every NBA game, a sports book will set a point total, which is the book’s prediction of the final score. The sports book challenges bettors to bet either an OVER, if the bettor believes the total final score of the game will be higher than the total set by the book, or UNDER, if the bettor believes the total final score of the game will be lower than the total set by the book. If the game’s total final score is equal to the point total set by the book, that’s called a PUSH, and the book returns the bet. (For a more detailed explanation of the sports betting context behind my project, please see my Technical Report)
Acquiring Data.
Structuring the Data.
My goal was to return an Over | Under prediction for an NBA game, based on the box score statistics for the previous games. To do this, I structured my dataset in a way that each individual game was represented as the box scores for the 3 prior games for each team, for a total of 6 prior games. I made a small example below for reference:
#: represents number of games back from the current game.
Current Game: A vs B.
Represented As: 1 A vs O, 2 A vs O, 3 A vs O, 1 B vs O, 2 B vs O, 3 B vs O.
By setting up my data up in this format, I hoped to create a model which would pick up on a relationship between the prior 3 games of box score statistics and the total score of an NBA game. In addition, I thought there may be bias on the part of the bookmakers in terms of adjusting the point totals based on the performance of the teams’ previous games; bias that my model could detect.
Modeling.
The process of taking this dataset and drawing insight from it involves creating a model. (See Glossary) The specifics of the model and how I created it are fairly technical, so I’m going to refer people who are interested in those details to the Modeling section of my Technical Report. At the end of the process I had created 2 models, one which returned a prediction on whether an NBA game would be OVER a set line or not, and one which returned a prediction on whether an NBA game would be UNDER a set line or not.
Results.
With the predictions from my models, I could analyze how often my model returned correct predictions. My models, making a prediction on all the NBA games in a season, were not significantly better than the average in determining whether a game would be Over | Under. Therefore, I set up what I termed a confidence threshold; my model returned probabilities for the chance of a game being Over | Under, and if the probability of a prediction was above the threshold I set, the prediction was “confident.”
Here is a breakdown of my results, with a confidence threshold of 62%:
Predicted confidently: 88 games Predicted correctly: 52 games Accuracy: 59.09%
Predicted confidently: 96 games Predicted correctly: 52 games Accuracy: 54.16%
I set the threshold at 62% because that point optimized both prediction accuracy and the # of games that were predicted “confidently”
My model did better in accurately predicting games that were Over as opposed to those that were Under, for the 2018 NBA season.
I have a guess for this phenomenon:
Basketball point totals have been increasing over seasons. Looking at the past 5 years of NBA games, the average score has increased by.
5 points per team.
Simulation.
I created a basic simulation, combining the predictions for each game in the 2018 NBA season. Starting with $10,000, and making a bet each time my models predicted a confident bet (as above, set at the threshold of > 62% probability), I show how my model performs informing a betting strategy over the course of the season:
The final total for the betting strategy informed by my model’s predictions was $11,880 , with an accuracy of 56.52% on the bets that were predicted confidently.
Conclusions.
Working with time series data was more difficult than I expected. Because I chose to represent an NBA game as 6 different sets of statistics, I had to coordinate a large amount of data along a time dimension. One of our instructors said 90% of the work in data science is cleaning and arranging data, and that was certainly true for this project. Although my models were successful in returning enough accurate predictions to return a profit, I would not use these model to inform a long-term betting strategy, or I would maybe use the OVER model I created in conjunction with other strategies. My reluctance stems from the limited # of games the models were able to predict confidently. Also the fact that I had to manually target the level at which the models were maximally effective is a caveat to my results. I had a good time working with sports betting data because the results were visible, and I could show clear benefit to the work I did.
Glossary.
I recognize the concepts present in the Data Science portions of my project can be difficult to grasp, so I’m breaking down some of these concepts and how they’re used in my project here.
Data Science — The interdisciplinary practice of using scientific methods, algorithms, and systems to draw insights from data. Combines elements of computer programming, statistics, mathematics, machine learning, as well as domain-specific knowledge. Web Scraping — The process of writing code to pull data off of a website. For a look at the python code I used to scrape the data, see my Web Scraping Notebook Over | Under — The bar between the word over and under can be read as “Over or Under” Model — A model is a system of making a determination about the value of an unknowable data point, using information you have available about the characteristics of other data points. Logistic Regression — The process of determining a relationship between a set of data points, where each data point falls into one of two categories. This relationship can then be used to make predictions on the category of additional data points. Can be thought of as predicting classification into one of two categories (in this case, classifying each game as either OVER or UNDER)




Nfl office pool
Nfl consensus
Top draft prospects
Templegates horse racing tips
Cbs expert picks
Hollywoodbets soccer fixtures
Week 12 nfl line
Acca tips football
Soccervista today
Charlton sunderland odds
Nhl vegas insider matchup
1988 nfl draft
Suns draft picks
Solopredict for tomorrow
Round 4 nfl draft
Bet9ja 101 fixed matches
Nfl week 10 picks against the spread
Football prediction score
Jim feist sports picks
Rigged matches today
Solopredict correct score
Nfl straight up expert picks
How to bet on soccer games online
The best football tips in the world
Nfl odds week 5
Win accumulator predictions
James 2011 fixed matches
Sun racing tips
Sports handicapper reviews
Watching nfl draft
Running tips for beginners
Hockey draft picks 2020
World cup goal predictions
Buybetwin ru kalkulyator live
Sharks draft
Football bet tips and predictions
Nfl vegas odds 2020
Nfl week 14 score predictions 2020
Computer ncaa picks
Thursday night football against the spread
Forebet premier league
Templegate tips today
Top betting exchanges
Suresh raina century in odi
Nfl draft team grades
2020 nba draft all picks
Monday night football line
Sportsrumble predictions
Nfl picks page
Messi prediction site
Fctables today matches
Latest snooker odds
Baseball picks and parlay
Ncaaf predictions 2020
Pff mock draft
Best way to pick in fantasy football
Quarterback nfl draft
Www online cricket betting
Is peer to peer betting legal
Soccer 13 predictions
Sms tips 1&#215"
Nfl picks draftkings
College football free picks
Horse racing odds
Daily football prediction
World cup fixed matches
College football gambling predictions

Football Correct Fixed Matches
Football Betting Tips

https://yarabook.com/post/1383531_https-mydreamabroad-com-study-in-singapore-the-island-of-singapore-is-home-to-mo.html
https://www.click4r.com/posts/g/3317090/is-singapore-a-good-destination-to-study
https://rodrifle63.bloggersdelight.dk/2022/01/04/is-usually-studying-in-singapore-expensive/
https://yarabook.com/post/1379977_https-mydreamabroad-com-study-in-singapore-in-the-present-economic-environment-a.html
http://www.drugoffice.gov.hk/gb/unigb/mydreamabroad.com/study-in-singapore/

Browse over 500 000 of the best porn galleries, daily updated collections
http://xxxporndoggylahoma.jsutandy.com/?tess
amateur free porn slut dump k9 porn videos free video military gay porn tube phillipine bar girls porn cheating housewives porn