Below are the 2 most recent journal entries recorded in lowellfrank1225's InsaneJournal:

Tuesday, May 10th, 2011
11:53 pm	Sports Arbitrage - Tennis Betting Tips One bookie may acknowledge the result and some other may not. That is the problem for especially those players which are betting using the sure bets system also called betting arbitrage system. All the big games are televised and it's an exiting and action packed sport making tennis ideal for betting online from home. Starting in January with the Australian Open, there are four major Grand Slam tournaments, the French Open in May, Wimbledon in June and the US Open in August. You can of course also bet on individual games as the tournament progresses. In addition you can bet on the results of each set within a game. Sports arbitraging is the act of exploiting the difference in odds at the different bookmakers. Bookmakers don't always use the same odds for the same matches. In fact they rarely use the same odds as other bookmakers. For instance let's look at the upcoming match with Novak Djokovic and Roger Federer: Bet365 odds: Novak Djokovic 2.87 and Roger Federer 1.40 Williamhill odds: Novak Djokovic 2.75 and Roger Federer 1.40 Banks have done it with the difference in currency for a very long time. The act of sports arbitraging is relatively new. What we essentially do is cover all the possible outcomes of a specific event. If Djokovic wins we receive $140 while losing the $100. If Federer wins we receive $140 while losing the $48. If Djokovic wins we end up with a loss of ($140 - $48.78 - $100 = -$8.78) $8.78. If Federer wins we end up with a loss of ($140 - $100 - $48.78 = -$8.78) $8.78. If Djokovic wins we end up with a net gain of ($160 - $55.75 - $100 = $4.25) $4.25. If Federer wins we end up with a net gain of ($160 - $100 - $55.75 = $4.25) $4.25. No matter the outcomes we will always be winning $4. This might not seem as much, but keep in mind that it's scalable. You could for example place $200 on Federer and $111.5 on Djokovic to double your profit. You could even place $1000 on Federer and $557.49 on Djokovic for a guaranteed $42.51 profit. You simply put the odds through the formula: odds1(power -1) + odds2(power -1). Sports arbitraging is the only way to make sure a specific bet wins. Sports Arbitrage Introduction Sports arbitraging is the act of exploiting the difference in odds at the different bookmakers. Bookmakers don't always use the same odds for the same matches. In fact they rarely use the same odds as other bookmakers. For instance let's look at the upcoming match with Novak Djokovic and Roger Federer: The act of sports arbitraging is relatively new. What we essentially do is cover all the possible outcomes of a specific event. No matter the outcomes we will always be winning $4. This might not seem as much, but keep in mind that it's scalable. You could for example place $200 on Federer and $111.5 on Djokovic to double your profit. We place $100 on outcome 1 at odds of 1.60. On outcome two we want to place: s2 = $100 * 1.60 / 2.87 = $55.75 The Art of Outright Tennis Betting - Lesson 1 - The Draw, The Art of Outright Tennis Betting - Lesson 1 - The Draw, Sports Arbitrage - Tennis Betting Tips, (Comment on this)
11:20 pm	Sports Arbitrage - Tennis Betting Tips This is where the outright bet selection has to begin. The draw is the blueprint upon which your betting strategy for every event should be based and a bet should never be struck on a tournament before the draw has been made. And whether a field of 28, 32, 48, 56, 64 or 128 lines up for a tournament the same logic applies once the names have been drawn. · print off the drawsheet and study the field as whole · split the field into top half and bottom half, then into the four quarters This process will give you a full appreciation of the overall strength of the field, not only as a whole but with respect to the two halves as well as each individual quarter. It will immediately flag up players to avoid, or sections of the draw to focus upon, as no tournament will be made up of four quarters of identical strength and depth. Clearly you can then apply further filters - and we suggest you do - which we will cover in subsequent articles but this analysis of the draw will give you a solid foundation upon which to begin to select your outright bet. Example: Elena Dementieva (Sydney 2010) WON 7/1 The Russian's head-to-head record against her potential opponents was Schiavone R1 (5:4 but won last 2), Hantuchova R2 (10:3), Safina QF (5:5 but won last 3) and Azarenka SF (2:1). In fact they rarely use the same odds as other bookmakers. For instance let's look at the upcoming match with Novak Djokovic and Roger Federer: Bet365 odds: Novak Djokovic 2.87 and Roger Federer 1.40 Williamhill odds: Novak Djokovic 2.75 and Roger Federer 1.40 Arbitraging has been known to man for a long time. Banks have done it with the difference in currency for a very long time. The act of sports arbitraging is relatively new. If it was a game of soccer we'd cover team A, team B, and the draw. In tennis we simply cover player A and B, since there's no draw in tennis we do not have to worry about it. As you can see, no matter the outcome we always end up losing $8. Can we turn this around? Of course we can. You could even place $1000 on Federer and $557.49 on Djokovic for a guaranteed $42.51 profit. Thus we can place an arbitrage bet. Now let's determine the size of the bets we want to place on the specific tennis matches. This is done with a simple formula. On outcome two we want to place: s2 = $100 * 1.60 / 2.87 = $55.75 What about basketball? Well it depends. Sometimes the draw is not being taken into the consideration, sometimes it is. While betting on this sport you should be extremely careful about the bookmaker's terms and statutes. There are abnormal terminations of the tennis matches which happens often like scratches and other. · rate those players most likely to win each half and make the final So with regards to Outright Tennis Betting: Lesson 1 never bet before the draw is made and, even then, take your time to study the field individually and as a whole. Tennis Betting, (Comment on this)