The History of Online Sports Betting

Man, by virtue of his instinct to survive, is naturally a gambler. Given the risks of living day-to-day life, it was considered an act of skill to stay alive until the sun sets, especially during the Stone Age. As the human race began to develop systems that would facilitate the physiological need of survival, the gambling instinct that was inherent in man did not dissipate. Rather, it became stronger with the passage of time.

The gambling instinct, simply put, is displayed early into the history of human civilization. The Romans were notorious for their fierce and unforgiving gladiator matches, which were mainly violent at least and visceral at best. By 80AD, the emperor Titus then conducted the first official ceremonies at the Colosseum, and thus the festivities had begun. Slaves were pitted against each other in mostly battles to the death, and sometimes against wild beasts as well. Spectators relished the thought of betting on their favorite gladiator, hoping that he would live to see the end of the glorious battle.

But as time progressed, the violence of the human sport had proved to be too much for some, and gambling has been reduced to animal fights. Of course, this has been around even before the human blood sport of gladiators, but they had become highly popularized in certain parts of Europe -particularly Spain, Portugal, the United Kingdom, France, and even some parts of Asia such as the Philippines and Indonesia. Among these fights were bullfighting, cockfighting, and fox hunting.

As European influence spread more and more all throughout the continents of the world, the thrill of betting soon became a worldwide phenomenon. Gradually, the hunger for the sight of blood was soon surpassed by the promise of amassment of wealth. The stakes were high, but made more appealing by the rise of establishments such as casinos. Betting was never more enjoyable.

But alas, the collected momentum of sports betting was halted abruptly by the coming of the two World Wars since activities such as race meeting and lotteries became severely restricted. Its return only came in the mid-1950s and soon flourished again.

Not to be outdone, sporting events still remained strong in gambling circles, as events such as horse races, basketball matches, and baseball games just seemed to beg for more incoming bets. The rise of communications technology also facilitated the development of sports betting, with phone betting becoming an attractive option to those who live far and away from the games. Companies such as Intertops in Antigua started this as far back as 1993.

When the Internet finally came out for public access and personal use, the betting world evolved into a more closely-knit community. Globalization served its purpose in connecting the world in ways previously thought inconceivable -after all, who would have thought that you can bet on a game halfway across the world with such ease? In 1996, a company in Gibraltar called Microgaming took advantage of this trend and began developing software for use in other gaming companies all over the world. Others soon followed suit, and thus online sports betting as we knew it was born.

Texas Hold Em Secrets – How To Master Your Own Psychology

One of the biggest Texas Hold Em secrets to the game is that your own psychology is more important than the cards you get. Learn how to master it in this article.

Mastering you own psychology is one of the most important aspects of Texas Hold Em, yet it is rarely dealt with. Anyone teaching you poker will quickly jump into cards, betting, odds, probabilities etc, without even taking a second look at the most important aspect of your success – YOU!

Not to worry, I’m revealing the Texas Hold Em secrets for you so that you can improve your game from the inside out.

How To Master Your Own Psychology – Secrets Exposed

There are three main steps to mastering your own Texas Hold Em Poker psychology.

Step 1 – Self Awareness

The first thing you need to do is become aware of what is going on inside of you when you are playing. You can do this by listening to the thoughts and thinking processes in your mind. You know that chatter that is like you are talking to yourself – like you are thinking. That.

When you listen to yourself you will start to notice patterns of thought. They may be of worry, fear, power, confidence, anything. Just notice what seems to be reoccurring at a more than average rate.

Step 2 – Remedial Actions

Based on what you have discovered in step 1 you’ll want to identify some remedial actions. For example, if you constantly get too confident when someone checks you might make a point to assume that this person is actually check raising you. How would you act if that was the case? Taking this into account might change how you think and act.

Remedial actions can be to just take into account an interesting thing and think about it in a different way, or it could be a hard and fast rule of action. Maybe you notice you get greedy every time someone all ins and you want to take a risk to win – your rule could be you only ever call an all in if you are 100% sure you will win.

…Mind you that wouldn’t be a bad rule to have for anyone…

Step 3 – Analyze Results

Thirdly, analyze your results from the new action. Are you feeling better and enjoying the game more? Is you bankroll increasing more than it usually does? Or are you suddenly losing more often.

See what happens and act accordingly. Start again back at step 1 and repeat the process.

By constantly performing these 3 easy steps to mastering your own psychology you will be able to improve your game… and all without having to change your physical strategy.

Zero Risk Sports Betting For Profits! Arbitrage Sports Betting

Risk free betting, or arbitrage betting, is the act of placing bets on all possible outcomes of a sporting event so that you lock in a definite profit at the end of that event. This is great for sports fans to make some extra cash on the side with 0% risk.

Risk Free Betting: Real Life Example:

SAT FEB 13TH 2010 NBA ALL STAR DUNK COMPETITON: WINNER

– Shannon Brown » -250 1.40 (BWin) » £781.25 returns £1,093.75

– Any Other » +400 (5.00) (BET365) » £218.75 returns £1,093.75

– Total profit: 9.375% (£93.75)

A correctly staked investment of £1,000 guarantees a return of £1,093.75 no matter which Player wins the competition. That’s £93.75 profit due to discrepancies in the bookmakers’ odds guaranteeing a 9.375% profit on your investment!

The above information tells us that a betting market exists for which player will win the 2010 NBA slam dunk competition. It also tells us that BWin have odds of -250 (1.40) for Shannon brown to win and that Bet365 have odds of +400 5.00 for any other player to win.

By applying a simple mathematical formula to those odds, we are able to calculate that we can cover both possible outcomes of the bet and make a guaranteed 9.375% return on our investment.

We would invest our money in proportion to the odds on each possibility. The amount to invest on each outcome is calculated using another simple formula. £781.25 invested on Shannon Brown returns £1,093.75 and £218.75 invested on “any other player” returns £1,093.75.

£781.25 x 1.40 = £1,093.75

£218.75 x 5.00 = £1,093.75

Risk free profit = £93.75

It is very hard to find games with more then a 2-3% ROI. This was just a great arbitrage that I was lucky to catch in time.

Gambling Addiction Basics

The coming age has brought with it numerous new pathological addictions, one of them being addiction to gambling. Pathological gambling was conferred with the status of a disease by the American Psychiatric Association back in 1980s. Robert L. Custer, M.D., is a pioneer in this field of problem gambling.

People who fall prey to this addiction are usually those who secure an income by means of blackjack, poker or other gambling activities. They are professional players who visit casinos not for fun sake, but to employ their skills and earn.

Based on their way of playing and the driving force behind it, gamblers can be categorized. For example, while professional gamblers are skillful and good in their game a casual gamblers plays merely for recreation.

The symptoms of gambling addiction are usually hard to identify. Since this disease is different from other substance related addictions like drug or alcohol abuse, the indications of this sickness are subtle. The nearest possible way in which the symptoms of this addiction can be stated is through the “Custer three Phase Model”. According tot his model, the gambling addiction can be characterized by three phases: the wining phase, the losing phase and the desperation phase.

In the wining stage, the compulsive gambler is ecstatic and overexcited with this earnings and is unwilling to quit gambling. Therefore, the addict usually increases his intensity of gambling . However, losing being the other half of gambling, his wining streak is short-lived. Nonetheless, recurrent losses do not deter him as he wants to win again and get his money back. Addicted gamblers suffer from financial stress, loss of sleep, and mental fatigue in this phase. They face problems at the family front. The patient also tends to borrow huge amounts or avail some money making schemes. As the gambler continues to face loss on every alternate day, he finds it difficult to stay away from gambling. Compulsive gamblers may resort to any means to raise funds for their obsession. They become desperate, with their debts becoming unmanageable. Loss of jobs, fight with friends and family, committing crimes or suicidal tendencies define this phase.

The question as to why does one gamble, can not be answered in definitive terms. One of the dominant reasons is the mental health of the gambler. For some people gambling serves as a n escape route from their lives. A compulsive gambler plays for kicks. He is just unable to stay away from it. Many researchers also blame the easy accessibility to casinos. The government and its lottery fund is also widely condemned.

Treatment programs and centers exist to treat this disease. Regular therapy and counseling is an effective and a widely used technique to cure this disease. Various support groups have also cropped up, where the addicts share their experiences and strengthen each others desire to quit gambling. Some groups that fund such programs include casinos and state lotteries. Some casinos lay stress on responsible gambling and have taken steps to make the people aware about his addiction.

However the first step, before undertaking nay treatment would be to acknowledge this disease. With very slight symptoms and effects this addiction is difficult to catch and acknowledge. Hence it helps to be aware to act wisely.