Archive for the 'Learning' Category

Sports Betting Most Used Terms And Definitions.

Friday, July 30th, 2010

If you’re new to sports wagering, or simply looking to learn more about certain phrases or terms, here are some common sports betting terms and definitions. Visit ubetexpertpicks.com for our sports picks and premium picks.

Action – A sports betting wager of any kind, a bet.

ATS – “Against the spread,” taking points rather than betting with the spread and laying points in sports betting.

Book – In sports bettting a Book is an establishment that accepts bets on the outcome of horse racing and sporting events.

Bookie – In sports wagering a person who accepts bets.

Buy (Points) – In sports betting, a player pays an additional price to get half a point or more in his favor on a point spread game.

Chalk – The favored team.

Chalk Player – In sports gambling this person is someone who usually only plays the favored teams, rarely betting on the underdogs.

Circled game – In sports betting this is a game in which the betting action is minimized; usually occurs in added games, games with injuries, bad weather, propositions, or halves of games. These games cannot be included in parlays or teasers

Cover – In sports wagering this means a pointspread win.

Double action – An “if bet” in sports wagering that is processed if the precedent bet wins, ties or cancels.

Edge – A persons Advantage when it comes to sports betting.

Even Money – Sports betting term “Even money” is a bet whose odds are 1/1; a wager in which no vigorish or juice is laid.

Favorite – In sports wagering this it the team expected to win an event. The listed odds reflect the extent to which the choice is favored.

Future – In sports wagering odds are posted in advance on the winners of various major events including the Super Bowl, the World Series, the Stanley Cup, and the NBA Championship this is called a Future bet.

Half time bet – In sports wagering this is a bet placed only on the second half of the game.

Handicapper – When it comes to sports betting a handicapper is one who studies, rates and bets on sporting events and/or races.

Juice – The bookmaker’s profit on a losing bet, also known as “vigorish.”

Line – In sports betting, the current odds or point spread on a particular event.

Linemaker – In the sports betting industry this is the person who establishes the original and subsequent betting lines.

Money line – odds expressed in terms of money. With money odds, whenever there is a minus (-) you lay that amount to win a hundred dollars, where there is a plus (+) you get that amount for every hundred dollars wagered.

Move the line – A bettor pays an extra price to receive half a point or more in his favor on a point spread game.

Odds- The likelihood of the outcome occurring, stated in numbers form.

Parlay – In sports wagering, a bet with two or more picks in which all teams must win or cover for the bettor to win and receive higher payouts.

Point spread – In sports betting this is the predicted scoring differential between two opponents as quoted by a sports book.

Push – When the event ends with no winner or loser for wagering purposes.

Straight bet – In sports gambling this is a wager on just one team or horse.

Teaser – A teaser is a special type of parlay in sports betting in which you adjust the point spread or point total of each individual play. The price of moving the point spread (teasing) is lower pay off odds winning wagers.

Trends- Using the past to predict the future looking in on only one team.

Underdog – The team perceived to be most likely to lose. Also known as the “dog” in sports betting terminology.

Hopefully these terms will give you a little better understand of the key terms you see every day when betting on sports. Visit ubetexpertpicks.com for free sports picks

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What To Do With Pairs Pre-flop

Sunday, July 4th, 2010

In poker starting hands are important to many pros. However when playing a more conservative style of play, starting hands are a little over rated. In fact I recommend that you focus more on what your opponent doesn’t have, as opposed to what your starting hand looks like. Either way I am going to review various starting hands in this article and how to play them so you gain 11.5 Poker Chips even before the flop comes.

Ok let’s talk about the easiest hands first, big pairs. Big pairs include aces, kings, queens and jacks. However jacks are more of a marginal pair. Now when you have aces or kings you better start throwing chips because these hands are worth risking it all pre-flop. There are some situations where kings can be folded pre-flop, but those odds are close to one and a million. Even if you do flip over your kings and see you are battling aces, you will win almost a fifth of the time. You should never get the thought that you are a bad player just because you got knocked out by sticking it all in pre-flop with kings.

Now with queens and jacks the same is not true. In fact because of the style of play that I usually employ, I will most times even call a raise instead of three betting the hand. With these hands, in most cases you are only ahead by a tiny margin. If you’re not ahead though, you’re behind by a mile. This is why it is smart to play these hands more cautiously then the average player. As well this will add another mask to your game, and will let everyone at the table know that you can have anything.

When you look down to middle pair pre-flop, please do not over value these hands. Pairs like tens, nines, eights and sevens are not premium hands, so please do not value them as they are. Do not get me wrong these are good hands to have, but this is not because of their pre-flop strength it is because of their value later on. I would recommend making a small two and a half to three times the big blind raise if you are the first one into the pot. Your evil plan with hands such as these should be to flop trips and then milk your opponents. Again, that plan does not include playing this hand without a set when your opponent is bringing the heat.

On to the smaller pairs, I suggest playing these pairs very similar to the way you are supposed to play middle pairs. Again with these pairs your overall plan should be to flop a set. On the other hand you should not be re-raising your opponents before the flop with hands like these. Some professionals will re-raise with these hands, but too often you will be in a coin flip situation for way too many chips. Again as a more conservative player, this is not your goal.

Ok, so we have gone over how to play pairs when you see them pre-flop. You should know not to under-value big pairs, but more importantly do not over-value middle and low pairs. All too often players in tournaments get knocked out or run into a large set back because they over-valued their hand. Don’t let that rookie mistake into your repertoire of poker knowledge. So now it is time to go get a Poker Chip Set and win some money!

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Competing Short Stacked

Sunday, June 13th, 2010

As you may have noticed or seen countless times if you play poker is that no matter what you do, you will have a short stack at one point or another in your career. Maybe it is simply because you just cannot catch a decent hand. Anyways, an important tool in any professional’s arsenal is knowing how to play a short stack.

Most players will tell you that when you get a short stack, well then it is almost time to throw in the towel. However on the contrary to popular belief this is the time to play your best. Even though you are below average at this point you do have options!

A prime example of this is professional player Jack Strauss who came to win the WSOP Main Event after being down to just one single chip. This is where many believe the poker motto “Just a chip and a chair” came from. So like Jack, instead of giving up there are a few tips that you can use to take your game to the next level even when your 11.5 Gram Poker Chips have seemed to disappear.

Most importantly when you have a short stack is to start with a premium hand. This is simply not the time to be chasing suited connectors. You are looking for hands that are likely premium before the flop and remain strong after the flop as well.

The next thing is to go All In! One of the most powerful weapons you can use while you have little to no poker chips is to bet them all. This lets everyone at the table know you are serious about your hand. Now if everyone folds, great since this should be your main goal. However is someone does call, this is where your decent hand should be strong enough to withstand a shaky board.

Another important fact is to be the first person to act at the pot. It is a lot more intimidating if you go all in first, than if someone raises and then you go all in. In fact this also increases their chances of calling since they might believe you are just making a move.

Most of all you want to avoid the big stacks at the poker table. These are the players that are more likely to call because your small amount of Clay Poker Chips just will not do much damage to their mountain of chips. Instead you want to target other short stacks, and average sized stacks. Other short stacks are looking to find a good hand as well before they push so if they did not find one, which chances are they won’t they will instantly fold their cards. Average sized stacks as well have to be careful with their chips. The will think twice before calling your all in call, simply because they don’t want to lose themselves.

To make your game better, try to adjust your strategy to your chip stack. If you are just below average there is no reason to drastically change your style. On the other hand, if you only have two big blinds left, it is time to widen up your “premium hands” range. The last thing in a tournament that you want to do is ante yourself to death. When you become really low, just about any face card will do the trick.

So the next time you are on a short stack remember this advice. As well think about Jack Strauss, and who knows maybe you make a comeback.

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Top Amatuer Mistakes

Friday, June 11th, 2010

Attention all poker players. It is time to ditch those tired beatup habits before they deliver your 11.5 gram poker chip across the table. I’m going to share with you today the top ten mistakes that make you stand out as a rookie at the poker table.

The number ten reason everyone at the table thinks you’re a rookie is because you bluff way too much. Many inexperienced players watch way too many movies and then think if the just keep bluffing, they will keep winning. They will see a pro like Gus Hansen bluff on the World Series of Poker with 8-2 off suit and somehow think they can do it too. The rookie will tend to miss the three hours of play that lead up to this bluff. The large flaw in this style of play is that early in the game everyone knows that you love to bluff. Then your style is just shot down over and over again.

Right next to that is the fact that many untrained rookies do not have the patience to play poker. If you play poker correctly, you’ll often find that you will be waiting around what seems like ages for a decent pair of cards. Pros will wait it out, while rookies will go ahead and play cards that they know they shouldn’t just for the sake of playing poker. If you are doing this then simply put all your clay poker chips in a package and just airmail straight across the table.

Next, the most advertised rookie mistake is playing limits they cannot afford. There is nothing in the game of poker that breaks your confidence faster than this. By doing this you will find yourself thinking about other things like a mortgage, and this my friend takes up space in your head that should be concentrating on playing poker. There is simply no way to continually go positive playing poker when you have to worry about how you will get to work if your card doesn’t hit the river. So my words of advice are “get out now”!

Another mistake that many don’t hear about that often is drinking while playing. If you are playing poker you need all your mental strength focused on your game. You’ll find that yourself making costly mistakes that you wouldn’t have made if you didn’t knock down a couple beers before playing. It is no coincidence that the casino offers you free drinks while you play, they know the effects and now so do you! I mean you do not see Tom “Derr” Dwan showing up to High Stakes Poker sipping on a margarita.

Ok now let’s talk about an exit strategy. There is no defined strategy about when you should get up and leave the table. Most rookies will leave when they are barley positive in comparison to the amount of chips in play. They often employ the “quit ahead and chase behind” strategy which means they will quit with little winnings but keep playing when they arelosing a lot. This is exactly the opposite of what you should be doing. When you have a lot of chips in front of you, you have a impressive table image you should use to get even more poker chips. On the other hand when you are losing everybody at the table notices that you are on tilt and takes advantage of you.

Now the next reason applies to both rookies and pros is playing in games against opponents that you know you cannot beat. This will kill your entire bankroll. This leads right into the next mistake which is keep your ego in check. I don’t mean to burst your bubble but the day you realize that you can learn a thing or two is the day you start on the road to becoming a real pro.

Next is simply playing way to many hands. Most rookies will play hands that pros would stay away from because they do not understand the value of starting with premium hands. Some will play a pair like 8-3 and give the reason “I played them because they were suited”.

One of the most important mistakes is playing on tilt. Daniel Negreanu once said “Tilt eats bankrolls for breakfast!” Well not only that but it will gobble up your life savings too if you’re not careful. A player on tilt will often chase miracle hands even when he knows he shouldn’t.

Finally, the number one rookie mistake is simply playing too many hours. I mean come on you would stay at your old nine to five job for 20 hours, so don’t do it at the poker table. Your mind will go into sleep mode and you will convince yourself that you’re playing really well, even though everyone else is laughing at you.

So these are the top ten rookie mistakes made in the game of poker. If you catch yourself making these mistakes, well then it is time to go back to the training before you go to your next game. So have a good time, and don’t play like a rookie poker.

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A Brief History Of Roulette

Monday, June 7th, 2010

Roulette is one of the most well loved casino games in the world and is played by millions every day and is the subject of millions of dollars in wagers all over the world, but when did it all start and where did it originate from? The following article will look to outline the history and time line of the development of this popular casino game. If you would like to learn how to play roulette effectively then try here online roulette system

The word ‘roulette’ is derived from the words ‘small wheel’ in French so it’s safe to assume that a Frenchman had something to do with the development of the game. Blaise Pascal is credited with the invention of a primitive roulette game in his quest for a perpetual motion machine in the 17th century. However, the roulette wheel itself is believed to be a combination of a number of Old English, French and Italian games that already existed.

The earliest description of the roulette wheel can be found in a French novel ‘La Roulette , Ou Le Jour’ and this is in 1796. However the earliest reference to the game can be found in 1758 in New France (now Quebec) which actually outlaws a gambling game called roulette.

The European form of roulette (1 green 0 rather than the 0 and 00 in the ‘American’ version) has been traced back to the German town of Homburg. It is still credited to two Frenchmen though, Francois and Louis Blanc. The single 0 was introduced to increase the odds in the favour of the gambler and therefore make it a better option than the 00 style of the game. There were even roulette wheels in America that had a 0 and 00 and an American eagle. And when the ball landed in one of these sections the house claimed all bets on the table!

When the Germans (one of the largest empires in Europe at the time) outlawed gambling in the 1860’s gambling and the roulette wheel moved to the south of France and took hold in Monte Carlo. Monte Carlo quickly became a place where the socially wealth and the rich of the time came to bet and is still synonymous with the casino today.

Meanwhile, at this time, roulette was travelling north through the USA beginning in New Orleans. It was here, because of cheating both by gamblers and operators, that roulette became a table top game and it was also here that the roulette wheel as we know it today became standardised.

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Roulette is now played all over the world, from the back street gambling dens to the most glamorous casinos in Las Vegas, by the rich and wealthy to the average Joes looking to get lucky; its appeal is open to all . Its popularity is clear for all to see – maybe this is due to its easy structure, the potential for big wins or even the hypnotic nature of the spinning wheel. One thing is for sure roulette has made a massive impact in the world of gambling and it most certainly here to stay.

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