More Baseball Betting Tips

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How do you feel about how the World Series ended? I am sure that there are a variety of opinions out there. But that is all behind us now – another season will start in the ensuing months. For now, let me share some more baseball betting tips which you can use when it is time to bet on this sport again.

Tip #3: Streaks are important.
Although I will start with saying that streaks are not everything, you should still consider them when making your bets. Let’s look at a situational example to make this tip more practical. If a heavy favorite wins 3 games in a row, what should you do for their next game? Though you might think that betting on them is a good idea, I suggest that you do the opposite. The chances are that they will not be winning the next game. Same thing goes if an underdog has been losing 3 games in a row.

Tip #4: Pay attention to the pitchers.
Pitchers are not the only important members of their teams but they are pretty important. You should know that pitchers play every 4th day – usually – and that if, in his last game, he suffered even a minor injury, you should not bet on his team the next time around. The chances are that he might not be recovered well enough to give you your money’s worth.

Tip #5: Also pay attention to the other key players.
As I said above, the pitcher is not the end all be all of a baseball team. You should also pay attention to how the rest of the team performs and base your bets on the team as a whole. Do not make the mistake of basing bets on the pitcher alone.

More tips next time?

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Posted on November 3, 2008 by plato | Filed Under Events, Gambling, Games, Legal, Tips
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Top Baseball Betting Tips

The World Series is currently underway and I am sure that you have already been making bets. In fact, there is some sort of controversy surrounding Game 5, wherein some bettors have been experiencing losses due to the different rules. But I am not going to dwell on that. Instead, let me share some of the best betting tips that you can take into consideration when betting on baseball.

Tip #1: Do not bet in the early season.
Well, this will not apply right now as the World Series is underway. Still, this would come in handy in the future. So why shouldn’t you bet early in the season? Here are a couple of reasons:

-The weather can be bad in various parks early in the season. With the problems that we are experiencing with the climate, the chances of erratic weather are even higher.
-Some coaches are still playing around with their line ups.
-Some players get off to a slow start.

The idea is to study and observe the teams well early on. Bet later.

Tip #2: Don’t underestimate the underdogs.
If there is one thing that you should know about sports betting, it is that the underdogs have a way of surpassing expectations. This actually applicable to other sports as well. More than this, your risk of losing money is less when you bet on the underdogs BUT the potential to win large amounts of money is always there.

Let us look at more tips in the next post.

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Posted on October 30, 2008 by plato | Filed Under Gambling, Games, Tips
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Betting On Golf Gets Korean Men In Trouble

Here’s a story to lighten your day. Several men in South Korea have been found guilty of gambling in the form of playing golf for money. The Korea Times has this story:

A court has ruled that playing golf for money is a form of gambling.

The Supreme Court Monday upheld an appellate court’s ruling that handed down eight months in prison to a 55-year-old man, Seon, who was found guilty of habitual gambling.

Another man indicted on the same charges was given a two-year suspended sentence, while another two received a one-year suspended term, each.

They were accused of playing golf for money over 32 times between December 2002 and May 2004. They gave 500,000 won per stroke to the winner during the first nine holes and 1 million won during the last nine holes.

However, the appeal court found them guilty, saying it was impossible to forecast the result of each game even though it largely depended on a players’ ability.

“Coincident in gambling means a situation where participants cannot forecast the result exactly or cannot control the result. So, golf betting has the aspect of `chance’ and `luck,’ and it is a gamble,” the high court said.

The court also said, “The authorities regulate gambling in order to protect economic ethics by punishing those not obtaining money through fair labor. There is no reason to treat golf betting differently from other gambling.”

My thoughts on this story? One, I am glad that I am not in South Korea. Two, I don’t understand how playing sports for money can be illegal. It is just like holding a tournament with money up for grabs, isn’t it? Three, all betting has the aspect of chance and luck – life has the aspect of chance and luck, is living illegal as well?

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Posted on October 27, 2008 by plato | Filed Under Culture, Gambling, International, Legal, News
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Is There A Difference Between Gambling And Sportsbetting?

I have not really thought about this question - until now, that is. I was reading some general articles on gambling when I ran across one titled “The Difference Between Gambling and Sports Betting.“ In my mind, I was thinking “Is there really a difference?” The article emphasizes this point:

There is a difference in gambling and betting in sports. In gambling, you are putting your money at risk without any basis at all while in betting in sports, you have at least or ideally should have an idea on which team is performing better based on reports, past game results or player’s performance which can serve as your basis in betting.

In effect, the writer is saying that when you gamble, you have no basis. You have no rationale. It is all luck. To a certain degree, this could be true. There are certain gambling activities that you simply have to rely on chance, on probability. One example would be the toss of a coin. Then again, there are table games which you can find in casinos - such as poker, blackjack, and the like - which are not purely chance-oriented. Yet these are also covered by the term gambling.

So what is the real deal? Is there really a difference between gambling and sportsbetting?

I think the answer would depend on how you define gambling. Merriam-Webster gives the following definitions:

1 a: to play a game for money or property b: to bet on an uncertain outcome

2: to stake something on a contingency : take a chance

I would have to say that sportsbetting would fall under both definitions. I would then have to say that there really isn’t much of a difference at all. And even if there was, does it really matter?

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Posted on October 23, 2008 by plato | Filed Under Gambling
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