Category : Bet gambling
Category : Bet gambling
Her work can be found at http://bigstory.ap.org/journalist/sally-ho.
US Fantasy owner Vic Salerno said it could easily be reframed to fit states that have approved guidelines allowing fantasy sports to operate. In the football example, Brady’s performance would help rack up points along with the rest of the players of the imaginary team.
DraftKings operates in dozens of states, according to company spokeswoman Femi Wasserman. New York-based FanDuel didn’t respond to a request for comment.
The industry has lobbied states to approve laws that would allow them to operate without legal ambiguity. But they differ in how they pay out winners and whether they believe their business model constitutes gambling.
The hallmarks of fantasy sports are analyzing professional sports players’ stats and camaraderie among contestants in a league, he said. Neither is required with Salerno’s hybrid platform, though “fantasy sports” is a loose term that does not have a uniform definition, he said.
The Nevada Gaming Commission gave a gambling license to Henderson-based US Fantasy, calling it a fair model as daily fantasy sports businesses such as DraftKings and FanDuel stand accused in several states of operating as illegal, unregulated betting systems.
Follow Sally Ho at twitter.com/_sallyho. She declined to comment on the US Fantasy proposal but said its payout system is not the same as the Boston-based company’s model.
LAS VEGAS (AP) — A new gambling platform approved by Nevada regulators Thursday will further blur the lines between traditional sports betting and fantasy sports contests, an industry that insists its games are not gambling in the face of legal challenges across the country.
“It doesn’t feel like fantasy if you’re not putting up your knowledge against someone else,” Schoenke said.
Peter Schoenke, chairman of the Fantasy Sports Trade Association representing 300 operators, said he has not seen US Fantasy’s system.
“It’s so transparent and open,” commission chairman Tony Alamo said of US Fantasy, which will offer 11,000 sports events for betting annually and open later this year.
Like DraftKings and FanDuel, it will allow people to bet on their picks of the top professional sports players and win money based on the athletes’ performance. DraftKings and FanDuel ceased operations in states such as Illinois, New York and Nevada.
In traditional fantasy sports, users generally pick a group of players to create a team, and if they win, they know they are getting an established payout. Using football as an example, someone can bet that Tom Brady will throw the most yards that week.. But an industry leader predicts it won’t have a major effect on fantasy sports overall because it may only work in Nevada, where sports betting is already legal.
“Is it truly a fantasy game or some sort of contest or instrument that is a regular gambling product? The industry is curious what exactly it is,” Schoenke said.
In Nevada, regulators had urged fantasy sports sites to apply for gambling licenses, a move the industry opposes as too costly and time consuming.
Several states over the past year have challenged the fantasy sports industry, which first drew widespread scrutiny last year amid a flurry of advertising that promised the savviest sports fans millions of dollars in payouts. So far, Virginia, Indiana, Tennessee, Missouri, Mississippi and Colorado legislators have done so, while New York’s governor has yet to sign off on the state’s version.
In the US Fantasy system, users will bet against each other on individual player stats, with a pot of prize money that can change depending on how many people are wagering and how much they bet Go Here
Separate betting bank, list all bets, and it will not be long before you lose the bank and realise how wonderful your own tipping is!
So here are the 8 tips you need to learn, and stick to religiously if you want to stand a chance of ever making money from gambling.
These days it is possible to receive horseracing software, poker software, etc that can facilitate you, they will only make you hard cash if you are already doing so, they just enhance your skills, not make them. Use a number of systems, proven tipsters, method bets, etc. Always onset with levels, if you cannot make hard cash with that simple staking plan you will not make bankroll with anything more complicated. However, they need to receive your attention as a 1/8th ad in a paper costs around $500, and they need that money back before turning a profit. Patience: If you want big profits now, try the lottery. Do not do that, be truthful.
If you are going to gamble to profit, then for the inaugural few months this should be your conditioning were you will be doing a lot of work for little return, but you will also learn how to handle losing runs, how to cope with mistakes, and if it does all go improper and you lose the betting bank, you should have learnt a lot from it for as little loss as possible, as you should only ever bet what you can afford to lose, especially while proving to yourself you can profit. This is because they have such a considerable turnover; they need to keep replenishing the customer base. Wow!! If you are just starting off you are likely to only be using a realistic $5, so that is $25 a week average. Bank Management: Managing banks is not just staking, it also involves listing every bet on a spreadsheet so you can monitor things like average odds, strike rate, losing runs, etc. Most professionals will emergence at 3%, but get it down to 1% as the bank grows.
When you see tipping advertisers stating things like “We made $26,000 to $100 stakes in the last 12 months”, it looks sensational. And ensure you have a separate betting bank for each (you can use the same betting account, as the spreadsheets you keep will tell you the amount which is in each bank). . Most punters lie to themselves that they are breaking even. I personally work 10-12 hours a day, 360 days a year, and still do a bit on the days off, including Christmas day. Fun Bets: You are often told not to do any ‘fun bets’ if you wish to turn professional, but this will not happen, as it is hard to break old habits at first. Forums: Join a forum where you can bite ideas, this can prove a powerful aid, but make sure it is a decent one, and not full of idiots just spouting off how good they are!
You can also find innumerable free horse racing systems, staking systems, poker systems, on the internet, ignore them, they are only free for a reason, as they lose hard cash.
Also think why various tipsters advertise every day. Anyone who tells you otherwise is possibly lying just to receive your hard cash.
4. The best way to treat fun bets is to handle them as you would any pro bets. Betting Banks: If you do not have a betting bank to emergence with, and you are just betting from whatever is in your pocket, you will never make a profit. Alcohol: NEVER drink while betting, you will bet more than you should, you will bust banks, you will play bets you would never do when sober.
8 Top Tips for Becoming a Professional Gambler in Horse Racing, Poker and Other Sports
by: Keith Driscoll
2. Building up you betting banks takes time a lot of time.
I pray it was like that, but in valid life it is vastly different. If you do not list every bet, you will have no idea where you stand, and no way of having data to look back and learn from.
5. You may have a spare $10,000 available, but prove you can profit with a $1000 bank maiden, and then add to the bank monthly.
So if you are looking for a relaxing life, do not take up betting as a profession. And how innumerable average gamblers have $100 to bet, especially when you need a betting bank, and with $100 stakes, the cash you need before you even place one bet is around $3,500, any less and you can easily blow it all. That may not sound much but you have to learn to walk before you can run. Then divide the $26,000 by the $100 to work out how many points you make a year, and that is 260, then divide by 52 to see how numerous points profit a week, and that comes to 5pts a week. Yes it can pay well, very well, but you need to put in a lot of work, and it can be 2-3 years before you are making any meaningful hard cash.
Most folk are under the opinion that professional gamblers have one bet, play one game of poker, or some other form of gambling, and then collect the winnings and go back to their big mansion for a few months rest, before having another gamble!!
7. It is as simple as that. Risk Management: Most people follow one tipster, or one system. When you see professional poker players they are spending 3-5 days at a table in a game every week, sometimes sitting for 12 hours, and when they are not doing that, they are at home playing poker on the computer.
This advice goes for betting in any country, on horseracing, greyhounds, soccer, NFL, poker, etc.
3. Search the web for reviews on every product before parting with any money; ask Go Here
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