General Blog - Page 3 of 5
The Ins and Outs of Illinois Gambling Taxes
As the gambling industry has evolved in Illinois, there is one thing that has not changed – paying taxes on your winnings. Fortunately, the Land of Lincoln has a straightforward process when it comes to paying gambling taxes.
If you are a resident of the Prairie State, and won money at in-person casinos or via online gambling in Illinois, then it’s important to brush up on Illinois gambling ta...
With No Infrastructure, Nebraska Sports Betting is a Losing Bet
Nebraska sports bettors eagerly await the day that they can physically place a sports wager in the state. Following the legalization of sports betting in Nebraska, many residents believed it would be a short wait. Unfortunately, that’s not the case.
In a classic example of putting the cart before the horse, sports betting is legal in Nebraska but there isn’t an infrastructure in place to accep...
Sports Betting is Still a Legal Battleground in Minnesota
Some states breezed through the sports betting legalization process shortly after the Supreme Court ruling in 2018. Then there are states that are seemingly in an endless circle of debate among government officials and stakeholders.
The Minnesota sports betting situation is the latter as the state is still sorting out how to move forward with passing a bill.
This is not the first time that ...
2023 Tour Down Under Odds and Predictions
The 2023 WorldTour in Cycling begins this weekend with the 23rd edition of the Santos Tour Down Under on Saturday, January 14 in Adelaide, South Australia.
The 2023 TDU will see both the Men and Women returning, with the ladies back after a 2-year hiatus caused by the COVID-19 Pandemic. The Men’s Tour Down Under will officially begin on Tuesday, January 17 with a 5.5 kilometer prologue time tri...
ICC Men’s T20 World Cup Odds and Predictions
The 2022 ICC Men’s T20 World Cup will begin this Saturday, October 15 in Australia with 16 nations playing 45 matches in the Group and Knockout Stages until a champion is crowned on Sunday, November 13. This tournament was originally scheduled to be held in 2020, but due to the COVID-19 pandemic, had to be rescheduled. The 2021 ICC Men’s T20 World Cup was scheduled to be played, but was forced to ...
4 Steps to Build Successful Sports Betting Models
Building a sports betting model that produces profits is one of the most challenging things you’re ever going to do in gambling. It’s not always hard, but it takes a lot of effort and time.
But the effort and time you invest in building a good model will pay off for years to come. In this post, you will learn the exact method I used to build my successful sports gambling models...
Hacking Local Bookies for Profit
Most people placing bets with local bookies lose money, just like most people who place bets with established sportsbooks. But a few smart sports bettors have found a special secret way to make money betting with local bookies.
Please Note:
It might not seem like a big deal when you first read what the secret is, but once you understand how powerful the secret is, you’re neve...
Is It Better to Have High or Low Odds in Sports Betting?
There’s some confusion over the concept of high vs. low odds. In the world of betting, high odds mean something different than in the regular world.
When something has high odds outside of a sportsbook, that means it’s likely to happen. The same goes for low odds – usually when something has low odds of occurring, which means it isn’t likely to happen. Those meanings are complet...
Celebrity Death Pool – How to Play & How to Win
It’s a little bit morbid, it’s a little sardonic, it’s the Celebrity Death Pool.
An informal betting game based around picking the death dates of famous people, Celebrity Death Pool is the latest pop-culture incarnation of the long-lived dead pool. Bets made on predictions of death have long been a dark way for humans to deal with suffering and mortality.
You’ll fi...
What Is an Action Reverse Bet? (And How Do 'If Bets' Work?)
You're looking to head into the sports betting realm, but first, you'd like to research all the different types of bets. That's smart of you. Because in sports betting, there are a few ways you can bet and hopefully win. Action reverse bets are one such type of many bets, and today's post explains them.
We will cover all the basics, assuming you are a first-time sports bettor or...
Can You Bet on Sports at 18 Years Old?
Sports betting has been available in the US for decades. Las Vegas has featured legal sportsbooks since 1949. Offshore betting sites have been serving Americans since the mid-1990s.
However:
Many states have recently regulated sports gambling. As a result, you now have more betting options to choose from than ever before.
Can you legally enjoy sports wagering, though, if you’re only 18 year...
Build the Ultimate Sports Betting Bankroll
Sports betting sits near the top of my favorite gambling activities.
I've played sports since I could run and toss a ball; sports betting has given me the chance to continue being involved with sports that I otherwise wouldn't have time to enjoy.
For many recreational sports bettors:
Playing real sports proved far less challenging than sports betting. Sports bettors face a house edge that put...
Do Underground Bookies Still Exist?
Underground bookies have been portrayed in many movies and TV shows. They’re usually stereotyped as a middle-aged mobster who sends goons out to break legs and collect debts.
However, the sports betting industry has changed greatly over the past few decades. First off, both regulated and unregulated online sportsbooks take bets. They provide a convenient option for sports gamblers. Many s...
How to Become Skilled at Betting on Sports
According to the Council on Compulsive Gambling, about one-half of one percent of gamblers are considered “professional” – that is, they approach betting as a job rather than a source of entertainment. Using those numbers, we can confidently say that maybe a few hundred thousand Americans gamble at a professional level.
These are skilled and confident bettors who have learned how to organize, ...
Can You Win Profits with Virtual Sports Betting?
Virtual sports betting looks much like the real thing in many ways. It uses high-quality graphics and animations to appear just like a real sports match or race.
Therefore, you may feel that virtual sports gambling can be profitable under the right circumstances. After all, regular betting rewards the best gamblers with profits.
But does virtual wagering actually gi...