UFC Betting

The UFC is one of the hottest things in the mixed martial arts scene today.  With world class fighters, heavy funding, and wide advertising, this is really not a surprise.  In fact, the UFC is watched by countless supporters all over the world.

A natural by-product of this popularity is sports betting.  If you are already a sports betting fan, then it is but understandable that you would want to get your hands on UFC betting.  You better hold your horses though, if you have no experience in UFC betting.  How exactly does it work?  Here is a good explanation by the guys at MMA Betting Blog:

Unlike football as basketball where there are point spreads (ex. -7, +13.5) UFC fights have odds which are called moneylines. A moneyline is basically a way for the sportsbooks to even out the betting public. So for example if Chuck Liddell was fighting a no name guy in his first fight, Liddell would be a HUGE favorite, probably around -4400 or so (44 to 1). If there was no moneyline, you could just bet on the favorite everytime, and become a millionaire pretty quickly.

So here is an actual example from a UFC fight, that will explain the odds a bit better.

Tito Ortiz (-140)
Rashad Evans (+120)

In this matchup, Tito is the favorite at -140. This means that for every $1.40 you bet, you win $1. So if you were to bet $140 on Tito, you’d win $100 (profit) if he is victorious. Rashad is the underdog in this match at +120. This means that for every $1 you bet, you will win $1.2o. So if you bet $100 on Rashad, and he wins, you will win $120 (profit).

The moneylines on UFC fights will often change with the amount of money coming in on each side. If a bunch of money is coming in on one side, the sportsbook will adjust the moneyline to even out the action and get bettors betting on the other fighter. With that said, whatever the odds are when you place your bet, is the odds you get. They don’t change like in horse racing.

Not a bad deal as long as you know what you are getting into.

Internet Gambling Alive And Kicking

Who said that Internet gambling is on the throes of death?  Ever since Bush signed into law the Unlawful Internet Gambling Act, the online gambling community suffered great losses.  Each sector had its own take on the matter.  Some said that online gambling would eventually die out while others said that the law would eventually be repealed.  Well, it’s been some years since the law was laid down and neither has happened.

According to a report published by comScore Media Matrix, Internet gambling is actually on a roll.  Poker News Daily reports:

Anyone who says that the internet gambling boom in the United States is subsiding would be stating the exact opposite of a recent report issued by comScore Media Metrix. The company, which “is a global Internet information provider to which leading companies turn for consumer behavior insight that drives successful marketing, sales and trading strategies,” according to its website, released a summary of July’s online traffic in the United States. Glancing down the list of “Top 10 Gaining Categories by Percentage Change in Unique Visitors (U.S.),” you’ll notice “Online Gambling,” which ranks as number seven on the list. All in all, the number of unique visitors who visited internet gambling sites increased by 5% from June to July, 2008.

In June, 2008, there were 12,038,000 unique visitors to online gambling sites, a pretty large number considering that the population of the United States is 300,000,000. In essence, one out of every 25 people in the United States visited an online gambling portal in June. In July, that number jumped to 12,648,000, up 5%.

I don’t know about you, but I probably am part of this statistic.

Be The First Mobile Gambling Millionaire

Gambling is fun – there is no arguing about it. The fact is that a lot of people gamble because they enjoy the thrill of not knowing exactly what is going to happen next. Sometimes, people “gamble” even without money simply because of this fact. Then again, when money enters the picture, the fun is raised to another level.

That is why it is quite understandable that gambling enthusiasts would want to take their gambling activities on the road – they can play whenever they want to. Then again, there really isn’t that much money in mobile gaming – or is there? According to Spin3, a major player in the gambling industry, they just might make the first mobile gaming millionaire with their new promotion.

Mobile Entertainment provides more details:

Its Major Millions progressive slot game is currently around the £975,000 mark, and should a player win it on a mobile casino powered by Spin3 before the jackpot reaches a million, Spin3 will add the difference to the operator, who in turn will top the player up to a million.

Major Millions is a three-reel progressive slot machine synchronised in real-time with Microgaming’s progressive jackpot network. By placing a game-high £3 wager, players stand to win the progressive jackpot, which is won when three Major Millions symbols land on the third payline.

Matti Zinder, head of Spin3, said, “We are very hopeful that we will see the first mobile millionaire very shortly. The market is ripe and now is the perfect time to usher in a new benchmark for mobile gaming. To this end, we have decided to top-up an operator to 1,000,000 should their player win the Major Millions jackpot before the progressive ticker hits the million-mark.

If I were you, I would try Major Millions now!

A Closer Look At Key Decisions (Part 2)

We ended with the idea of choosing wisely when it comes to the tables that you play in the last post. It is just fitting that we start with choosing wisely when it comes to the casinos that you play. Do take note that I am talking about real life casinos here. If you are located in an area which does not offer too many choices when it comes to casinos, then you might not have to worry much about this point. If, however, you have a considerable amount of choices, then you certainly have to make a decision as to which casino you should frequent. The basic idea here is to choose a casino that has more tables and fewer people. Why? It is actually related to the previous point – more tables and less people would mean that you can scout the tables better and make a wiser choice.

When do you leave the table? Patterson gives three scenarios – game breakdown, stop-loss, and stop-win. Despite the fancy terminology, the idea is the same – set limits and follow them. For game breakdown, for example you are getting nothing but bad cards. Once you see a losing trend, leave. The streak could last for hours leaving you with nothing. Stop-loss is basically telling yourself beforehand that you will quit when you lose a certain amount. No ifs, no buts. When you lose this amount, stand up. Stop-win on the other hand is making the decision to leave when you win a nice sum.

I know it can be hard to follow these pieces of advice but think about it, you will go home with a fatter bankroll if you do.

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