MZ Dossier finance news Resources

Serious sports bettors often dismiss futures wagers as sucker bets targeted at ‘squares’ looking for a big payoff. For example, a typical futures ‘sucker bet’ would be something like betting that Harvard will win the NCAA basketball tournament at 500/1 odds. Sure, the potential payback is huge but here’s the problem–the “true odds” of Harvard winning the NCAA hoops tournament are astronomical, and certainly well in excess of 500/1. That means that from the outset this bet represents a poor wagering value.

In the ‘real world’ time heals all wounds. In the fight game, money has the same curative effect. This was vividly illustrated with the recent announcement that Tito Ortiz has patched things up with Dana White and will return to the UFC. Tito left the promotion over a year ago after a highly publicized split with the UFC president. He never found a new promotional home that would give him the money and the high profile status that he craved.

Stu Ungar didn’t have much going for him in most areas of life. In fact, it could very well be argued that he was downright inept in most areas of existence. He also had a self destructive streak that manifest itself in heavy drug use and other behaviors. Ungar, however, had one great gift–he was a prodigy with a deck of cards. He would become one of the first superstars of poker before it became a fixture on ESPN, but wouldn’t live to enjoy the ‘boom’. Ungar would eventually be done in by his baser elements, and would be found dead in a Las Vegas hotel room in November,’88.

Sports book futures bets are an increasing popular and potentially profitable way to wager on the outcome of a full season. There’s a few common mistakes that novice players make that can be easily avoided by paying attention to the following:

Conservative talk radio host Rush Limbaugh has long been one of the United States most polarizing media figures. He may soon become one of the National Football Leagues most controversial owners. On Tuesday, Limbaugh announced that he is teaming up with David Checketts–who owns the St. Louis Blues of the National Hockey League”to make a bid to purchase the struggling NFL team. The Rams are a pitiful 5-31 since 2007 and are currently mired in a league high 14 game losing streak.

In order to successfully bet on NFL football its important to start with the fundamentals. Were talking about the fundamentals of understanding the wagering side of the equation. There’s a lot of misunderstanding about what NFL pointspreads mean and how they are set. A firm understanding of the bookmaking concept of setting NFL lines is a prerequisite for any sports betting success.

For those not familiar with NFL totals, its the large number you’ll see accompanying most pointspread betting propositions. For example, the 2009 Superbowl line opened with Pittsburgh a 6 point favorite over Arizona. The total was set at 47. Simply stated, the total allows the better to decide whether the combined score between the two teams will go OVER or UNDER. In the case of the aforementioned Superbowl, Pittsburgh won by a final score of 27-23 meaning that bettors who backed the OVER cashed their tickets.