Betting on Sports – A Hard Way to Make an Easy Living

Sports bettingThat’s how professional sports bettor Cris Zeniuk describes [sports] betting, though he’s made it look easy in recent years.

The Las Vegas resident has had an astonishing run of success in football handicapping contests that includes winning Station Casinos’ pro Last Man Standing last year ($150,000) and college LMS in 2016 ($52,000), and finishing second and fifth in the Circa Million II in 2020 ($244,000)…

1. Fade popular plays

In my first year covering betting in 2017, everybody seemingly loved the Buffalo Bills over the New Orleans Saints in a midseason matchup.

That included nine of the 10 contestants in the RJ NFL Challenge contest who took Buffalo to cover as a 2½-point home underdog. When I alerted VSiN host Matt Youmans, who had picked the Bills, he changed his mind and bet on the Saints. They crushed Buffalo 47-10.

Zeniuk subscribes to the same contrarian theory.

“If everyone is on the same side, I’ll feel better being on the other side,” he said. “I love it when everyone is anti-everything about players or teams. It’s usually a buy spot.”

Get all 10 of Zeniuk’s tips for wagering on football and betting on sports in general.

 

How UK Bookmakers Exploit Sick Sports Bettors and Restrict the Skilled Ones

These 5 States Look Best Positioned To Legalize Sports Betting In 2021It works like this: when a customer opens an account, they might be given a stake factor of 1, meaning they can bet 100% of the normal maximum stake, for example £500.

“As soon as people start winning or losing, that gets adjusted,” said Cameron, formerly of William Hill. “It starts with 50% and if they keep doing it [beating the bookie], it’ll keep going down. At William Hill it went down to 25% to 10% and eventually down to 1%.”

One gambler, Bernard Henry, shared the results of a demand sent to Coral to see what data it held on him, known as a subject access request.

“He’s allowed to lose 40 times what anyone else was and it was astronomical what he was punting. There was no conscience to it.”

It showed he had won just £38 over four years but had been prevented from placing sports bets after the bookie realised he had beaten their odds 73% of the time. He was still allowed to bet on casino products where the house never loses over time.

Henry believes bookmakers shared data about him with other operators, via software that companies are permitted to use which is intended to prevent fraud but might also be used to shut down a smart better.

Everyone the Guardian spoke to said accounts were rarely closed completely, for good reason.

According to Paddy Power’s manual, “warm” customers are “of use to us as marks”, meaning they are worth monitoring to assess if your prices are wrong. Even arbers, seen as cheats in the industry, would be set at a factor of 0.01.

One former employee of Betfair believes this is about satisfying City investors, who see customer numbers as one measurement of success. “If they close all the bad customers, you go from 50,000 active users to 10,000,” he said.

The flipside of factoring down winners is that losers have, over the years, been given more leeway to place ever bigger bets.

The biggest stake factor Rory recalled a customer being allotted was 40. “He’s allowed to lose 40 times what anyone else was and it was astronomical what he was punting. There was no conscience to it.”

One former employee of Betfair believes this is about satisfying City investors, who see customer numbers as one measurement of success. “If they close all the bad customers, you go from 50,000 active users to 10,000,” he said.

 

More on how UK bookmakers operate

Runhappy’s Owner Shakes Off Losing $9.5M on Super Bowl 56

Mattress Mack may have lost $9.5 million betting on the Cincinnati Bengals to win Super Bowl LVI, but he’ll sleep well tonight. That’s because Mack, whose real name is Jim McIngvale, sold $20 million worth of furniture thanks to a Super Bowl promotion he hedged with his wager on the Bengals…

McIngvale has been running these types of promotions and hedging against them with sports wagers for about 15 years, so he says he’s not feeling too sore about losing his $9.5 million wager.

“The biggest thing I’m disappointed with is the fact that my customers didn’t get free furniture,” McIngvale says minutes after Rams wide receiver Cooper Kupp caught a pass from quarterback Matthew Stafford in the end zone to win the game 23-20.

Last week, he laid out a $4.5 million bet on Cincinnati to beat the Rams at +170. On Friday, which happened to be McIngvale’s 71st birthday, he wagered another $5 million on the Bengals. According to Caesars Sportsbook, with whom he placed the bets, his $9.5 million stake would’ve paid $16.2 million.

More on Mattress Mack and his Super Bowl wager

Super Bowl 56 Package from Dr. Alan

The Hottest Sports Handicapper in the Land
Over 80% ATS Winners in 2022!

My friend The Wizard, New York’s legendary public handicapper, has never endorsed another handicapper… until he met Dr. Alan, the best sports handicapper and bettor he has ever met. This is why Dr. Alan is the featured sports handicapper on Wizard Race and Sports. Dr. Alan has not disappointed, going on incredible win streaks and producing a profit every year for his loyal followers. Dr. Alan is currently riding a NINE game win streak AGAINST THE SPREAD and he is 13-2 with his select plays, covering college basketball, NBA, and previously college football. This isn’t luck. This is hours of hard work, dedication and experience based on Dr. Alan’s unique method of selecting games.

Dr. Alan is now live with his Super Bowl package – the ATS side selection, the Over/Under and a bonus: his 3 best prop wagers. Put the Doctor in your corner this Super Bowl Sunday!!!

$100 for Super Bowl 56 Package – 5 wagers

 

Dr. Alan the expert

One of Dr. Alan’s Big Wins at Westgate!

Meet Dr. Alan

Dr. Alan got his start in football handicapping and sports wagering over two decades ago through his enjoyment of watching and attending sporting games.

He started off just like the rest of us. Dr. Alan saw that there could be a tremendous opportunity in sports wagering through successful sports handicapping in addition to the enjoyment of being a sports fan.

Dr. Alan decided to pursue the art of football handicapping and sports wagering by approaching it from a business perspective. Dr. Alan went on to invent his special unique method of sports handicapping, which is psychological handicapping, thus earning Dr. Alan his honorary Ph.D. in sports psychology!

RunHappy’s Mattress Mack’s Super Bowl Wager

Texas furniture salesman Jim “Mattress Mack” McIngvale has placed a record-setting bet of more than $4.5 million on a Super Bowl LVI win for the Cincinnati Bengals over the Los Angeles Rams…

To make the bet legally, McIngvale drove from Texas to Louisiana, which officially launched legal mobile sports betting on Jan. 28.

“They were very accommodating and made it easy for me,” he explained. “The rest of them wanted you to bet smaller amounts and every time you bet, they lower the odds. So Caesars is a grown person’s gambling place.”

More on Mattress Mack’s Super Bowl Wager

Sports Betting Stock News – Why Some Are in the Tank

A bevy of top companies in the sports betting space, headlined by DraftKings, ended 2021 near 52-week lows as losses for some of the companies accelerated in December.

The continued sell-off presents a buying opportunity for bullish investors in the nascent U.S. sports betting industry, with several prominent states in line to legalize sports wagering in 2022. At the same time, the slump among top gaming stocks gave short-sellers another chance to thump their chests in December.

DraftKings ended the year as one of the most heavily shorted stocks on the market, as concerns about the company’s long-term profitability persist. As of Dec. 15, short interest in DraftKings topped $1.1 billion, according to Ihor Dusaniwsky, managing director of Predictive Analytics at S3 Partners LLC. With more than 39 million shorted shares on Dec. 13, the company set fresh record highs for short interest as percentage of float, Dusaniwsky told Sports Handle

More on the latest Sports Betting Stock News

Doc Alan’s Spot Play: Alabama vs Georgia National Championship Game

Doc Alan spot playsOnce again, Dr. Alan  is beating the books, especially in Prime Time games where he is hitting over 63%! Dr. Alan is one of the best sports handicappers in the country and one of the most disciplined.  You’ll be hard pressed to find a professional player who works harder to win at sports betting and share his knowledge with fellow players.  In fact, Dr. Alan is hitting 83% ATS (5 for 6) since he started releasing his select plays at the end of last year.

He has spent hours dissecting this matchup and he loves his play in the 2022 National Championship from Indianapolis.  Dr. Alan believes he knows how this game is going to get played out in front of the national audience tonight.

About Dr. Alan.

A three-time top 15 finisher in the prestigious WestGate Las Vegas Super Contest, Alan dissects every game, determines which teams are motivated for this particular match-up, and then, he picks his spots after hours of careful deliberation.  He does the homework you need to do to win at sports, and he has the track record to prove it.

Get his play for the Georgia vs Alabama game with wager.  Only $50

 

Doc Alan’s Spot Play: ROSE BOWL Analysis with Wager

Dr. Alan is one of the best sports handicappers in the country. He is beating the books, especially in Prime Time games where he is hitting over 62%!  He is hitting 80% ATS with his special spot plays, such as what we have here on New Year’s Day with the Rose Bowl.

He loves his play in this major game on Saturday afternoon. Dr. Alan is fresh off a big win in the BCS game where he picked Georgia and they won outright easily!

A three-time top 15 finisher in the prestigious WestGate Las Vegas Super Contest, Alan dissects every game, determines which teams are motivated for this particular match-up, and then, he picks his spots after hours of careful deliberation.  He does the homework you need to do to win at sports, and he has the track record to prove it.

Get his play for the Ohio State / Utah matchup.  Only $40

 

Doc Alan’s Spot Play: Army vs Navy Analysis with Wager

Dr. Alan is one of the best sports handicappers in the country. He is beating the books, especially in Prime Time games where he is hitting over 62%!

He loves his play in this major game on Saturday afternoon. Dr. Alan is fresh off a big win in the SEC Title game where he picked Alabama +6 1/2, the dog that won outright easily!

A three-time top 15 finisher in the prestigious WestGate Las Vegas Super Contest, Alan dissects every game, determines which teams are motivated for this particular match-up, and then, he picks his spots after hours of careful deliberation.  He does the homework you need to do to win at sports, and he has the track record to prove it.

Get his play for the Army vs. Navy game with wager.  Only $40

 

Doc Alan’s Spot Play: Alabama vs Georgia Forecast

I was told that Dr. Alan was one of the best NFL handicappers in the country and I quickly became a believer.  In fact, I have personally wagered on all his selections this year in the NFL.  The result? He is beating the books, especially in Prime Time games where he is hitting over 63%!  Dr. Alan is one of the best sports handicappers in the country.  He loves his play in this major game on Saturday afternoon.

A three-time top 15 finisher in the prestigious WestGate Las Vegas Super Contest, Alan dissects every game, determines which teams are motivated for this particular match-up, and then, he picks his spots after hours of careful deliberation.  He does the homework you need to do to win at sports, and he has the track record to prove it.

Get his play for the Georgia vs Alabama game with wager.  Only $40