Poker–like sports betting–can be a profitable endeavor, and one in which knowledge and skill can counteract the theoretical odds against him. Legendary poker theorist Bob Caro once noted that while there are some professional poker players, sports bettors or blackjack players there’s not a single professional roulette player.

Basically, this is because that no combination of skill, strategy or money management can negate the house edge in roulette and many other casino games. While Caro likes to stress the importance of the decisions that a poker player makes to his long term profitability, in roulette player decisions simply don’t matter over the long haul. Red or black, even or odd, the house edge remains the same.

Caro strongly emphasizes the importance of discipline at the table to a poker player’s long term profitability. The average person goes into a casino to “escape” from the real world–in other words, he goes into a casino to temporarily forget the need for discipline that exists in day to day life. He wants to have a few drinks, do a little gambling and enjoy a break from the mundane. Casinos exist to facilitate this ‘escape’ while using their mathematical edge to turn a profit. While poker operates somewhat differently in terms of the casino making money, the motivation that drives a recreational poker player to the tables is no different than in any other casino game.

And the lesson that Caro gives to the would be expert poker player is the same lesson that Im going to give to you here. The first step toward becoming a successful sports gambler is to approach it with the same discipline that youd approach any other job. You must start to think about sports and sports wagering like a professional and not like a recreational gambler. The greater degree to which you can apply a regimented framework to the sports betting process, the greater degree to which you will be successful at it.

There’s nothing wrong with being a recreational sports gambler, or a recreational gambler of any sort. They’re vital to those of us who do this for a living since they’re what keeps casinos and sportsbooks in business. Ultimately, the best handicapping is pointless without a sportsbook to take the action.

If you want to bet recreationally, thats fine and unless you have the dedication and discipline to do it right its probably better for most people. You might be able to win more often and lose less frequently with some enhanced discipline. Ultimately, however, as a recreational gambler the only discipline you really need to know is the same as for other casino games or any hobby”just dont bet more than you can afford to lose. After that, youre on your own.

Ross Everett is a widely published widely published freelance sports writer and respected authority on sports betting odds comparison. He writing has appeared on a variety of sports sites including sports news and World Cup betting sites. He lives in Southern Nevada with three Jack Russell Terriers and a kangaroo. He is currently working on an autobiography of former energy secretary Donald Hodell.

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This timetable does leave open the possibility that he could return to action should the Los Angeles Galaxy make the MLS playoffs. As far as a potential return to England’s national team the first realistic opportunity for Beckham to play would be in a European Championship qualifier against Wales in March 2011. He’s been assured that he’s welcome back at AC Milan in Italy’s Serie A league whenever he’s back in playing shape, though neither the team nor Beckham have indicated anything specific about his future with the team.

Beckham, who is still using crutches to get around, explained his recovery process:

“I won’t be running for another three months, so I will be playing again in, probably, November.”

“My mentality is to kind of push it and get moving and running and soon as possible. But it’s an injury that has to take time to heal. It’s frustrating. It’s obviously disappointing because I’ve been working for the last two years to get into the English squad [for the World Cup].”

“At the moment, it’s just getting the motion back into the ankle, the tendon, because it’s still repairing. I’m trying to get mobilization back into the ankle.”

Beckham also explained the injury itself:

“It was like being hit by a hockey puck. I thought someone was behind me and kicked me. Obviously no one was there and I saw my foot hanging and then I felt down there and there was a hole.”

The former England captain would have likely served in a reserve capacity with the World Cup squad, though his Howitzer-like free kicks remain one of the most feared offensive weapons in the sport. Even without Beckham in the lineup soccer betting enthusiasts are bullish on England’s prospects this summer. The ‘Three Lions’ are currently the third favorite in World Cup future betting behind Brazil and Spain.

Ross Everett is a respected freelance writer specializing in travel, poker and sports handicapping. He is a consulting handicapper for Anatta Sports where he is responsible for providing daily sports picks. In his spare time he enjoys fine dining, fencing and deep sea diving. He lives in Las Vegas with four dogs and a pet coyote.

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For the more serious bettor, there’s a number of obvious problems with futures wagers. They require that your wagering ‘capital’ be tied up for months. Furthermore, once you’ve placed your bet you’re at the mercy of injuries, suspensions, trades and the other numerous factors that can spell defeat for a sports team. It’s no simple task keeping up with these variables on a day to day basis, and predicting them over a longer term is the province of psychics and not sports handicappers.

So why bet futures at all? More so than anything else, its essential to think of sports wagering not in terms of who wins or loses, but in terms of value. Properly utilized, future book wagers are often a great source of value. Below are some of the ways I like to use future wagers:

Futures can present an opportunity to ‘earn’ a greater value on certain bets. For example, it has become common for sports books to take action on entertainment events like the Academy Awards. By paying close attention to Hollywood gossip and entertainment news, a bettor can actually have a better take on these outcomes than the bookmaker.

With many books taking bets on awards like ‘Best Picture’ before nominations are even announced, a bettor has a great opportunity to find overlay situations. By staying on top of the entertainment news and accurately predicting which films will be nominated, its often possible to get substantially better prices than will be available after their announcement.

Making the Academy Awards an even better candidate for futures wagers is the nature of the film business itself. The release schedule for films is set well in advance, and after the year end cut off date no ’surprise’ releases can sneak in to consideration. At this point, its relatively easy to narrow down the serious contenders and with some work to come up with a ’short list’ of Oscar candidates.

It’s also possible to leverage value in the ’stick and ball’ sports with future wagers. There are obviously more variables in sports than in the entertainment industry and the top teams are never going to be found ‘under the radar’. For example, you can already bet that the Patriots will win the 2010 Superbowl but you’ll be hard pressed to find a value price on such a popular team with the general public.

To find value on this sort of wager you need to look for ‘dark horse’ candidates. For example, at midseason you could have bet on the Carolina Hurricanes to win the 2009 Stanley Cup at prices as high as 25/1 or 30/1. Now, they’re one of four teams remaining and are priced at 5/1 to 7/1 depending on the book.

This play didn’t necessitate a crystal ball or a Canadien genie with a profound interest in hockey–instead, it was a simple matter of determining teams that offered true odds of championship success that were lower than the price offered in the future bet. At prices like 25/1 or 40/1 its possible to back several dark horse ‘candidates’ and if one or more enjoy postseason success it presents a number of opportunities to hedge and guarantee a profit.

Also, don’t forget to consider ‘the field’. Many futures wagers lump a number of teams or competitors together as ‘the field’ and offer a single price to bet them all. Occasionally, the quick thinking handicapper can find unique value situations. For example, after Dale Earnhardt’s tragic death in 2001 some sportsbooks continued to offer a ‘field’ position on rookie of the year. A bettor who followed NASCAR closely would have quickly realized that Kevin Harvick–who replaced Earnhardt in his Richard Childress racing Chevy–qualified for the ‘rookie of the year’ award and could have bet the field at prices as high as 15/1. After he won his first race, the price for ‘the field’ dropped to 2/1 and by midseason ‘the field’ was a -250 favorite.

While this sort of situation is unique, there have been other situations where ‘the field’ presented good values. At one point, it wasn’t unusual to find a ‘field’ bet on NASCAR road races that included the road course specialists like Ron Fellows and Boris Said–meaning you could bet these ‘ringers’ and several others with one bet! Again, these opportunities don’t come around often but the value they present justifies paying close attention to them.

As a postscript, I want to emphasize the importance on shopping around any futures play for the best price. Shopping points is a smart thing to do on any wager, but the differences from book to book are frequently most extreme with futures plays. A little legwork can yield a substantially better price and the resulting better value.

Ross Everett is a widely published freelance writer specializing in sports handicapping, horse racing, travel and falconry. He is a staff handicapper for Anatta Sports where he is in charge of providing daily free sports picks to a number of websites and broadcast media outlets. He lives in Southern Nevada with three dogs and a wombat.

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For those unfamiliar with the big guns of high stakes poker, the only way to describe Ungar’s abilities is a metaphorical comparison to sports. With a green felt table and a deck of cards involved, Ungar was ‘Jordan-esque’. With Ungar, his greatest accomplishment was undoubtedly three World Series of Poker victories-a feat not unlike MJ’s six NBA titles. Texas Hold-em poker, the game of choice for the cognoscenti, is a seemingly simple game that belies its deceptive complexity. The successful player needs to be able to instantaneously plan strategy based on a number of ever shifting variables. Countless volumes have been written on the subject, but Ungar was able to perform complex analysis and strategy with amazing speed-almost instinctively. Between his three WSOP victories, and countless more informal victories and profitable poker room sessions, Ungar won millions of dollars playing poker. The amazing subtext to Ungar’s sheer mastery of Texas Hold’em was the fact that it was the third card game he had mastered. Ungar first came to Las Vegas as a gin rummy prodigy; he had beaten all of the good players on the East Coast and moved to the desert mecca in search of new opportunities. He had soon run the table of Nevada’s gin players, and then turned to blackjack out of necessity. He was quickly barred as a card counter at a number of Southern Nevada casinos. Needing a new vocation, he took up poker.

The cruel irony of Ungar’s life, however, was that masterful as he was at the poker table he was equally as inept at life beyond the casino walls. He was addicted to drugs for most of his life, and gambled away millions betting on sports and golf (a game he played despite being horrible at it). After his WSOP win in’97, he was nearly broke and wasted away from drug use by the time the’98 tournament rolled around. Vegas casino owner Bob Stupak bankrolled him, but as the games began Ungar cowered in his darkened hotel suite at Binion’s unable to pull himself together enough to play.

Other stories of Ungar’s troubled life away from the poker tables evoke the same theme: buying a new Mercedes with cash after a WSOP victory and driving it until it fell apart from lack of maintenance; signing mortgage papers as he played in the Dunes poker room; losing 1.5 million dollars betting on sports in the course of a weekend.

Tragically, Ungar’s death came as he’d began to show signs of turning his life around. Noted casino owner and longtime friend Bob Stupak had stepped in to help Ungar pay off his debts, clean up his life, and provide the stake money to enter the major poker tournaments. Ungar was found two days after the two had formalized the agreement in a contract. Ungar also left behind an ex-wife and a teenage daughter, who still live in Las Vegas. The official cause of death was listed as “coronary atherosclerosis” and a mixture of drugs including cocaine, methadone and Percodan were found in his system.

While many legendary gamblers have been tough, larger than life individuals with a healthy dose of ’street smarts’, Ungar was the diametric opposite. He was almost completely helpless away from the poker table. In the card room, he became an almost unbeatable warrior. While his death came years before the ‘poker boom’, his influence as a pioneer of the game is without question.

Ross Everett is a experienced freelance writer experienced in travel, poker and sports handicapping. He is a staff handicapper for Anatta Sports where he is responsible for providing daily free sports picks. In his spare time he enjoys fine dining, fencing and scuba diving. He lives in Southern Nevada with four dogs and a pet coyote.

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A true fluency in horse racing takes extensive study, but here are a few concepts that can help anyone better understand and enjoy the Kentucky Derby. Until recently, the Derby was a race dominated by the favorite. Since Spectacular Bid won the Derby in 1979, however, you can count the favorites who’ve won the race on one hand with fingers left over. In other words, the easiest way to pare down the field for a horse racing novice is to simply eliminate the popular favorite from consideration.

So why has the favorite done so poorly in recent years? One theory suggests that it is a by-product of the hype surrounding the race. Novice horse fans back the favorite, making it more of a popularity contest than anything else. The reality is that the horse with the most hype is not always the best horse.

Post position is also something that the horse racing neophyte should pay attention to. Obviously post position number 1 is an advantage relative to the outer ones, but it hasnt been a strong edge over the other inside positions. Twelve Derby winners have had the #1 position going into the race (the most of any position) but positions #4 and #5 have had ten winners each. In terms of percentages, positions #1 through #5 have yielded 49 winners (or just under 40%). On the other hand, the outermost positions (#11 through #20) have had just 16 winners (or just under 13%). It is important to note that theres not always that many horses in the race, which would obviously result in few higher posts winning. Still, concentrating on horses with favorable post positions is another way to pare down a field that you know little about.

A horse’s lineage and breeding is also an important factor in the race. While this may be the most complex and demanding area of horse racing, there is a simple rule of thumb that can help a novice for this race. Most high level race horses are born in Kentucky. Well over 80% of Derby winners have also been born in the Bluegrass State. So just eliminate all horses that weren’t born in Kentucky. Then consider a horse’s gender and eliminate any horse that isn’t an intact male (geldings and fillies). Over 90% of all Derby winners have been intact males, though a gelding did win the race in 2003 (Funny Cide). For the horse racing novice, however,this is another good way to pare down the field.

Don’t forget to consider dosage index numbers. These are a complex mathematical formula that measures a horse’s breeding lineage plus his past performance. You want to look for horses with a dosage index of 4.00 or less–over half of Derby winners have met this criteria since dosage numbers came into common usage in the mid 1980’s.

For a more serious introduction to horse racing, check out the many books available on the subject at any large bookstore. For a casual fan who just follows the ‘big races’ these rules will help you get a decent grasp on the Kentucky Derby and understand who will win and why.

Ross Everett is a widely published freelance writer and respected authority on World Cup betting. His writing has appeared on a variety of sports sites including sportsbooks and sportsbook directory sites. He lives in Southern Nevada with three Jack Russell Terriers and a kangaroo. He is currently working on an autobiography of former energy secretary Donald Hodell.

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Don’t bet at the first place you look: In other words, shop around for the best price. This is essential to all aspects of sports betting, but especially important with futures wagers. You’ll find more disparity between prices from book to book on futures than any other betting proposition. From a theoretical standpoint, a little work can yield much better value. From a practical standpoint, that means a higher payout should you win. The reason for this is that individual sportsbooks’ aren’t as worried about what the other guys are doing as they are with most other bets. Once the futures “market” is set books move the lines almost exclusively on their own financial position. The market simply doesn’t respond as quickly to futures wagers as it does to individual game lines so it is essential to do the extra work to get the best price on your proposition.

Don’t try to pick the winner in a competitive marketplace: This may sound sort of counter intuitive since the general idea of betting on futures is to determine the actual winner but it’s really not. Like everything else, its essential to always be mindful of the value you’re getting. In a futures market with several legitimate contenders at the top the price offered is seldom high enough to properly compensate for the risk you’re assuming. Here’s an example: in a hypothetical NCAA hoops tournament Duke is +200 to win the national championship. They’ve certainly got a shot, but at a payback of only 2/1 its hard to justify a wager at this point with the potential for so many interceding events that can make a championship more problematic. Such events as injuries, a tough tournament draw or even just going into a slump at the wrong time can happen to any team but when you bet a higher priced team–a ‘dark horse mid major at 15/1 for example–you’re getting “compensation” for assuming the “risks” of betting on a proposition with so many unknown variables.

To put this in more theoretical terms, the “true odds” of Duke winning the NCAA Championship are almost certainly higher than the price we’re getting. Obviously, determining the “true odds”, or actual probability of a future event is an inexact science but think of it this way: if the NCAA tournament was played 100 times would Duke wind up winning 50 of those? Given the number of other good teams and the propensity for upsets along the way, its doubtful. For the sake of argument, lets say that Duke has a 33% chance to win the tournament. That means that I wouldn’t consider a bet on Duke to be a good value unless I was getting a price that a) accurately reflected the true probability of their winning and b) gave me some compensation for assuming the “risk of the unknown” inherent in taking the position so far in advance. At +500 I might be interested, but at +200 the value just isn’t there.

Note that the more competitive the market, the more difficult it is to find good value on a favorite. In a smaller field, or in a field with one dominant competitor it can be easier. For example, say the UFC were to have a tournament involving heavyweight champion Brock Lesnar and three male figure skaters. Even if Lesnar was slightly injured, or not at the top of his game he’d essentially have a 100% chance of beating the smaller, effeminate men who are untrained to fight. If a book installed Lesnar as a -1000 favorite in this spot, it could still be considered a good value. It’s never easy to risk a lot to win a little, but from strictly a mathematical standpoint it makes sense.

Don’t go for the big killing: Sports wagering is not a good arena in which to make a ‘big killing’. It may happen from time to time, but it is extremely rare. A perennial doormat can come out of nowhere to win a championship at a big price, but the fact that it happens from time to time doesn’t make it a good value. If you’re a recreational player and want to throw a few dollars at a big long shot, no real harm. If you aspire to any degree of seriousness as a sports better, however, you need to maintain your discipline and commitment to value at all times. If you want to hit a big jackpot play the lottery or the slot machines, but don’t try to do it in a sports betting paradigm.

Simply stated, the concept of value works the same at the bottom of the wagering ladder as it does at the top. Even if you’re betting a big underdog at a huge price make sure that it accurately reflects the ‘true odds’ of the event occurring.

Don’t waste your money on ridiculous prop bets: Occasionally sports books offer ridiculous bets to get press or to be funny. For example, a book once offered odds on Demi Moore, Ashton Kutcher and Bruce Willis all hopping into bed together and releasing a video tape of the proceedings. You’d no doubt get a huge payback were this to happen, but the ‘true odds’ of such an event transpiring far exceeded even a big potential payback.

Ross Everett is a freelance sports writer and respected authority on sports betting odds comparison. He writing has appeared on a variety of sports sites including sports news and betting odds portal sites. He lives in Las Vegas with three Jack Russell Terriers and an emu. He is currently working on an autobiography of former interior secretary James Watt.

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The Del Mar Thoroughbred Club was founded in the mid’30s, and they immediately turned their attention to building a world class horse racing venue. The names that were instrumental in the creation of Del Mar include a whos who of American entertainment–most notably Bing Crosby, Oliver Hardy (of Laurel and Hardy) and Jimmy Durante. At the time the facility opened thoroughbred horse racing was the second most popular sport in America behind major league baseball, and Del Mar’s show biz roots further helped secure its place as an important stop on the racing circuit.

The show biz legends that have been Del Mar regulars could fill a book. Bing Crosby was one of catalysts behind the building of the facility, and he personally greeted guests on opening day. During the late 30’s/early 40’s it hosted stars such as W.C. Fields, Edgar Bergen, Red Skelton, Ava Gardner and Paulette Goddard.

Del Mar was the site of the’38 match race between Seabiscuit and Ligaroti. Seabiscut won the $25,000 winner take all challenge by a nose, and this race set Del Mar betting and attendance records and remains one of the most famous races in history. The racing at Del Mar continued to flourish until the start of WWII, when the track went ‘dark’ for racing.

After the war, Del Mar reopened with a bang. Following the surrender of Japan, President Harry S. Truman declared a national holiday for August 15,’45 and on that day Del Mar attracted over 20,000 fans through its gates who wagered what at the time was a record $958,476. The postwar prosperity was also a boon to Del Mar, which also benefitted from the Santa Fe Railroads daily Racetrack Special that brought bettors down from Los Angeles to enjoy a day at the track. During the latter part of the decade a new crop of Hollywood glitterati would flock to Del Mar, including Lucille Ball and Desi Arnaz, Mickey Rooney and Jimmy Durante. Durante would become such a regular that the turf course at Del Mar would later be renamed in his honor.

Even though the popularity of horse racing among the mainstream populace would ebb over the years, Del Mar remains a viable part of the thoroughbred community to this day. Theyve updated their facility, with a state of the art grand stand and most recently a synthetic polytrack surface that was installed in 2007. The racing season at Del Mar begins in mid July, and hosts crowds of 20,000+ on a daily basis throughout.

Ross Everett is a freelance sports writer and highly respected authority on sports betting odds comparison. He writing has appeared on a variety of sports sites including sports news and betting odds portal sites. He lives in Las Vegas with three Jack Russell Terriers and a kangaroo. He is currently working on an autobiography of former energy secretary Donald Hodell.

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Aoki scored early with a takedown and controlled Calvan on the ground, working a heel lock attempt before taking his opponents back and attempting a rear naked choke. In the second, Aoki put on a submission clinic and demonstrated his ungodly flexibility as he spun from an armbar to a triangle choke and back again. Calvan was able to counter or escape, but looked completely out of sync as he generated almost no offense whatsoever over the 15 minutes.

Aoki was very emotional in his postfight speech to the crowd, while JZC just looked disgusted with himself for losing such a one sided contest. JZC had grumbled about the no-contest in their DREAM 1 matchup, and the one sided decision made this an even more bitter pill to swallow.

With the victory Aoki advances to the semifinals of the lightweight GP tournament. Thats the plan at least, as Aoki made some statements in the Japanese press leading up to the fight that win or lose there would be no way hed be ready for the next round with only half the preparation time as the rest of the field. Hopefully the impressive victory and the enthusiastic response from the holiday week Tokyo crowd will change his mind as hes now the man to beat even with the short prep time.

The rest of the card was devoted to the opening round of the middleweight GP tournament. Taiei Kin defeated Minowa-man Ikuhisa Minowa in a very closely contested and entertaining fight. Despite Kin taking a 3-0 unanimous decision (DREAM judges, like their PRIDE predecessors, judge the fight in its entirety) the first round could have gone either way. Minowa was clearly tired in the 2nd, and that likely sealed the deal for Kin.

Korean judoka Yoon Dong-Sik also advanced with a unanimous decision victory over Shungo Oyama. Most of the damage in this fight came from Yoons ground and pound from full mount, and he controlled the tempo from the outset. Two one sided contests followed, with Zeleg Galesic submitting Magomed Sultanakhmadov via arm bar in a minute and a half of the first round. That was followed by the MMA debut of former Pac 10 wrestling standout Ian Murphy, who had a worst case scenario draw against BJJ specialist Ronaldo Jacare.

Ross Everett is a noted writer who has written on sports gambling and how to successfully bet on NFL football. He has appeared as a guest on TV and radio talking about boxing, hockey and NFL pointspreads. He lives in Las Vegas with three Jack Russell Terriers and a wombat.

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