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Betting on sports is very similar to gambling at the casinos. It involves the same risks and vulnerabilities as playing any casino game. You need to be able to take your chances ad navigate these risks if you are to ace the domain. And though, you might think that betting completely depends on your luck, this is not always the case. There are always several hacks and calculations that you can use in order to enhance your chances. Having said that, we shall look into the tricks and hacks that can tweak your chances of winning at betting on any sport. Read through the article to understand each of these measures in more details.
Understand the Basics of Sports Betting:
You cannot hope to ace any field without understanding the basics. Learn all that you can about betting on sports and only then proceed. There are several useful resources available on the internet that can help you in this direction. You only need to dig around and do your research. There are several things that you must learn when it comes to betting. Learn about money lines, payouts, odds and the other factors before placing your bet.
Understand the Risks and Navigate the Space Slowly:
The industry of betting is not shutting down anytime soon, and therefore, there is no need to rush. Learn all that you can, understand the risks associated with this domain and only then place your bets. Once you get the hang of betting, you shall be able to take more risks and ace the field. There is no finishing line here, and you must take your time to understand everything associated with betting before placing the bets.
Do Not Listen to Everything People Have to Say:
You might want to learn from the best and use the knowledge to your advantage. But that is not all that there is to betting. You must understand that not everything people say is for your good. Some might even want to mislead you. Try to differentiate between the two and do not take in all the pieces of advice that come your way. You might end up losing a significant number of bets that way. Use your own judgment and make educated decisions based on your knowledge. This space is impregnated with frauds and people who want to scam you. Be careful about this aspect before you start listening to everybody.
It is very important that people who are starting new in the domain if betting keep these aforementioned points at the back of their minds. You will have enough time to place large bets and take up risks. However, if you dawdle at the very beginning, there might not be more chances to recover. Therefore, be careful, stay enlightened and only then place your bets.
Electronic sports, popularly termed as Esports, is a thriving industry that encircles multiplayer video games and simulated sports tournaments. The genesis of esports is traced back to South Korea.
The claws of popularity widened with the escalated unemployment rates in 2000, accompanied by the Asian financial crisis. With a multitude of people confined to the walls of their home, video games soon transcended to the status of elixir – a captivating leisure activity to indulge in.
A Peek into History
The year 2010 had witnessed a significant resurgence of this industry with a global embracing facilitated by South Korea. The other significant reasons for this worldwide welcoming was the magnified console sales and the upgraded technology.
This phenomenon engendered worldwide tournaments like Intel Extreme Masters, World Cyber Games, and Major League Gaming. Concurrently, streaming platforms such as Twitch and Steam TV understand the potential it holds to initiate their lucrative business by monetising these tournaments.
A single day of broadcasting The International by Twitch bore testament to 4.5 million viewers. Now this prosperous industry has been espoused by behemoths like ABN, ESPN, and Disney.
The Multi-billion-dollar Industry
Now, the US holds the envied position of being the unrivalled market in the esports industry, with a myriad of tournaments being held. This year has observed the industry at its zenith being valued at $30 billion. This marks the incredible opportunity for the gambler to flutter real money on esports tournaments and events.
With the advent of sportsbooks conferring the charm of esports betting now, bettors can place wagers on every single nitty-gritty from the first goalscorer, future teams to win, and even straight-up bets on individual players.
Popular Esports Games
Be prudent and select the game is your choice, after which you have to indulge in comprehensive research learning the ins and outs before you place real money because this should be a cure and not a cut to your wallet.
A game that has won several accolades developed by EA DICE. This game entails a first-person shooter with its 5th series to be released this year. This engaging gameplay features huge maps, teamwork, and vehicle warfare.
This game has captivated 55 million players since its dawning in 2002; over 141 worldwide tournaments were held solely in 2017, with winnings reaching a massive $230k.
This is a multiplayer game based on survival tactics. This game encapsulates a journey where players must gather weapons and frequently navigate the safe zones on the map while butchering their enemies.
The third most popular game on Twitch with an alluring betting prospect for players with contestants competing for a colossal prize pool of $350,000.
An impressive game that is popular among both gamers and gamblers. This is a first-person shooter game that entails swift and intense thinking, and to master it, you need a fortified game plan.
You have four betting options, including handicaps, outright winners, match winners, and special markets.
There are zillions of people across the globe who love to luxuriate in the grandeur of gambling. However, in the long run, it involves you splurging your money. Some people are fortunate to relish that amorous kiss of Lady Luck and hit those progressive jackpots.
At the same time, many others venture into gaining a definitive advantage over the casino with prowess. So, let us explore this article to unfold the truths about the value of gambling.
The Concept of Negative Expectation
There are no exceptions when it comes to this list; every bet on each diverse casino game is merely a negative expectation bet. This is a mathematical expression, and it classifies a positive expectation bet as one that can accord money; in comparison, a negative expectation bet lets you forfeit your money.
A bet’s expectation is inclusive of how much you expect to win and the probability of winning, and also entails your likelihood of losing. You will go through mixed emotions of emerging triumphant and as a looser. However, there are more chances for you to lose in the long run unless you are a veteran.
The Reality of House Edge
The concept of house edge is employed by casinos to measure the expectation of losing a bet, which is expressed in terms of percentage. You will notice a wild deviation from the expectation if you examine an individual bet.
This is termed as the caressing of Lady Luck, while mathematicians’ term it as standard deviation. The casino remains indifferent and stands for a mathematical phenomenon called the Law of Large Numbers.
This simply means that your ultimate results will resemble the mathematically expected outcome as you indulge in more trails. However, the house edge is not a myth but a reality in casinos.
Smart Casino Gamblers Consider the Entertainment Value
The crucial element in gambling is the notion that gambling is fun and frolic and, therefore, should be considered as a recreational activity. Once you begin to change your perception of the idea of pampering yourself with all the entertainment, this exploit becomes a memorable one.
However, be wary that you might encounter results that did not fit your mathematical expectation. But that’s how casinos work. This is the reason why 20% of gamblers stroll out of the casino with heads held high and winnings in their pocket. Because why not lavish them as 80% of your customers leave the casino having splurged their bankroll.
Ultimately, the beers and skittles furnished by a casino are worth luxuriating while you keep in mind your chances of losing. This mathematical expected cost should not deter you from the glitz and glamour of the casino – an authentic, riveting experience.
The esports betting industry cannot be restricted to the esports world but holds crucial significance in the online gambling arena – unfurling its influence on these two spheres. This burgeoning industry is soaring with its augmented viewership and investment – magnifying to a colossal height during the pandemic crisis.
However, this competitive industry has given birth to manifold sites, some of which are bogus. Therefore, it is vital to select a bookie that can be trusted; otherwise, you might encounter these scams that take enormous cuts on odds and lack good customer services.
So, if you want to enthral in a smashing experience, do not embark on your exploit blindly; instead, select the finest and illustrious bookies.
Ease of Use
For all the novices, the crucial element that surfaces is the convenience provided by the site. This is a significant facet in capturing the newbies because what they pursue is the agility with the ease of use segment.
The ease of use simply means polish, swiftness, and intuitiveness that confer players hassle-free and effortless navigation.
Quantity of Esports Markets
The contemporary upswing with esports does not limit the market to a homogenised group like LoL, CS: GO, and Dota 2 as the only bets. The magic bullet to conquer the esports gambling sector is by having a plethora of esports markets inclusive of even the less popular bets like Overwatch, Call of Duty, and Rocket League. But that does not give you the leverage to compromise on the depth that ought to present for esports betting.
A Multitude of Additional Betting Options
In addition to the proliferation of global esports markets, the finest among them possess the added quality of providing a wide assortment to choose from. These options are to be witnessed in the additional betting options combined with the habitual match-winners and money lines that comprise special and live bets. Because, why not, the more, the merrier.
Quantity of Payment Methods
During the advent of online wagering, the payment methods were distant from success; instead, they were a monstrous nuisance. However, this pertinent issue has been tackled with the snowballing of upgraded technology and bestow on players’ multifarious payment methods to select from.
But those that lavish the advanced niche of cryptocurrencies like Bitcoin are still a handful. This is a concern because what people crave for is diversity.
Customer Support Service
Having a fortified customer support service can build bookies. This is because bettors yearn for long-term stability and a helping hand to resolve their problems, especially if you want to lure those novices.
Therefore, customer support staff and customer support channels are prerequisites and should not be overlooked if you go by the motto ‘customer is king.’
Gaming is not just a form of entertainment. It is also an industry with significant turnover every year. It draws the attention of the young and the old alike, and keeps coming up with fresh concepts every year. And that is why the industry always manages to grab eyeballs and a huge influx of traffic to itself. Speaking of the series of development that the industry keeps going through, here are a few trends that we have enlisted, that we thought might do you good to learn about.
Augmented Reality and Virtual Reality Is Still In Vogue:
A classic example of Augmented Reality in gaming is that of Pokemon Go. Remember how crazy people went over the game? Augmented Reality still seems to ride high in the trends this year as more and more game developing companies are coming up with better practices to enhance this experience. For the uninitiated, Augmented Reality is the process of augmenting a real-world ambience and infusing it with all the elements of a particular game. This way, gamers feel like they are living inside the game.
Virtual Reality, on the other hand, is the process of simulating a gaming floor and enhancing the experience of the gamers. In both cases, gamers get to enjoy gaming on another level. These trends have been in the corner for some time now, and still continue to be much sought-for trend this year too.
Cloud Gaming Is Popular this Year:
Cloud gaming is quite popular this year for more than just one reason. One of the most important reasons for cloud gaming to be a trend to watch out for is because one does not need to download the games and use up space. The games can be played on the server itself. Plus, cloud gaming shall also keep the levels of the game saved so that you do not have to start from the beginning if you leave the game somewhere in between.
Console Gaming is Making a Return:
The last trend that we need to talk about is that of console gaming. Console gaming is all set to make a comeback. Developers are coming back with remastered games that can be played on the consoles and make one reminiscent of their childhood. This is a great thing to look forward to, especially if you are a gamer who is always on the lookout for new games and old games that have been remastered.
The gaming industry always has a great deal to offer- whether it is in terms of technology or refreshing ideas. And that is why the industry always rides high on success and glory even in times when the other industries struggle to survive.
Esports has been drawing quite a lot of attention for some time now. There are several types of esports that we know of in this domain. With the gradual passage of time, the domain shall only gain more structure and evolve in leaps and bounds. On a similar note, let us now look into all the trends that are dominating this space this year, and try to understand the scope of esports in all its glory.
There Shall be an Insurgence of Mobile Esports:
Mobile esports is seen to be on the rise this year and for good enough reasons. In this day and age, almost every individual has access to mobile phones. And that is the advantage that esports game developers are mining. They are optimizing the games for mobile phones which is providing the industry with a boost. The mobile gaming industry is already an industry that makes a significant amount of profit every year. And with esports entering the territory of mobile gaming, it is only going to prove lucrative to the industry.
A Rise in Esports Tourism:
The second trend that we need to talk about in this domain is that of the rise in esports tourism. More and more nations are now understanding and acknowledging the importance of esports. This has led to the sports industry in paying more attention to esports tourism and hosting championships and tournaments all around the globe. This move is also encouraging more people to take join esports as professionals and take this domain more seriously.
There is an Increased Interest in Franchising:
Sports franchising is not a new move, but when it comes to esports, the idea is still in its nascent stage. Various American sporting leagues have benefitted largely from this model, and maybe now, it is time for the esports industry to venture into the same. If you need to understand what sports franchising is, here are a few things to note. Franchising in esports helps in raising the revenue for the organizations, and game developers can benefit from this model. There is a lot of money that circulates in the industry because of this model, and that is why this trend is on the rise.
A Few Final Words:
These were the top three trends that we have started witnessing in the esports industry. It shall be wrong to state that the trends started in 2020 and shall dominate only the rest of the year. These trends have only gained momentum this year, and it is safe to assume that they shall go much beyond 2020. The integration of technology with the sports industry, and the innovation of several new technologies shall help the industry to scale itself and gain more traction in the upcoming years.
It is a Herculean task to know every intrinsic detail about the Vegas casinos, but what happens in Sin City stays in The Lady. The mainstream notion paints casinos with all the glitz and glamour, the fancy of being a millionaire, and a lively noise that keeps it alive.
However, what goes behind the scenes is often left mystified to the gaze of the gambler. The galvanized security, secret passages, and how drinks are served at the bar – bemuses the gambler. Let us now unravel this veil of enigma surrounding the Vegas casinos.
The Casino Staff is Closely Watched
The casino staff is under constant vigilance to bestow in gamblers a breathtaking experience. This means they ought to be amicable to the grump and even cater without complaint to the outlandish room service request.
Ultimately the cherry on the cake is the security examining their own staff than the gamblers, maybe because the second colossal casino heist in history was implemented by the fierce intellect of an employee.
Since the employees know the ins and outs of the casino from when the banks are turned over to when the shift alters, this showers an added advantage. Therefore, they are checked when they arrive, and when they leave the casino.
Hidden Casino Doors
Casinos have innumerable secret doors. There was a bizarre rumour that surrounded these mystic doors that they were deployed to hide people with compulsive gamblers. But that is not the purpose of these hidden doors.
These doors facilitate the swift movement of casino securities to get to places in case of an emergency. It also transports other staff a quick stroll to the bar, restaurant, and even cashier’s cage.
This is a common technique employed by businesses that focus on an in-person experience like malls, convention centres, amusement parks, hotels, and music venues.
Vegas Disapproves Drunk and Disorderly.
You might wonder that the prime reason people are arrested at casinos has something to do with swindling. But that is not the case. Casino staff will involve the police if you cannot be handled by their trained staff.
Maybe the reason might be you were too drunk, but if you want to enjoy being there, you need to perfect the art of being a well-mannered drunk like a pro; you do not have the luxury to be an amateur.
Be wary of the casino etiquette because most people are arrested at casinos for being overtly intoxicated, soliciting prostitution, and domestic violence. So be cautious and remember that rules at home are to be followed at Vegas casinos.
That’s Enormous Food
The Aria has nearly 90 truckloads of food delivered every other day, with a separate room dedicated to lobsters. This is just one casino among the dozens at Vegas.
The Bellagio holds a pump room that pumps hard liquor across 50 bars throughout their property. They also serve 9000 bottles of beer in one day using the pump room. Therefore, the foodservice team put in tremendous efforts to endow its customers a splendid experience.
The word ‘gambling’ has always been known to raise a few eyebrows and get people all worked up. We have grown up learning that gambling ruins lives and leads to monetary and legal problems. This idea is not entirely wrong, but this is just one side of the coin. There is more to the story than what we know today. The problems with gambling arise from a lack of control on yourself and developing it into a habit. Gambling, in itself, is not an evil space that sabotages lives. It is, in fact, fun and acts as a stress-buster. And to make this point clearer, here are a few things that we need to know about responsible gambling, and learn about the ways to gamble responsibly.
What is Responsible Gambling?
Responsible gambling is where an individual exercises self-control and restrain while indulging in their gambling activities. An individual is said to be a responsible gambler when he/she keeps a weather-eye on his bank balance, does not chase losses or resort to unfair means while gambling. There are several other ways of practising responsible gambling, and we are going to discuss some of them in the sections below.
Gamble Only for Entertainment
One must gamble for fun and not for money, if he or she is to gamble responsibly. The minute you think that gambling could earn you some money and start gambling primarily because of that, you shall end up losing your sense of control. Therefore, the first tip to be able to gamble responsibly is to gamble only for entertainment, and not for money.
Do Not Chase Losses
It is important that you ditch the habit of chasing losses if you are to gamble responsibly. Chasing losses might sound like a great idea. You might think that you shall be able to make up for all the lost money once you start playing more. However, that is just your illusion. You might just end up making mistakes and lose more money in the process. Therefore, the second tip for gambling responsibly is to not chase losses.
Set a Timer and Check Your Balance Frequently
Always make sure that you know how much time and money you are spending on gambling. You could end up losing track of time and money if you are not conscious about these two factors. Set a timer if required and allot a specific amount for gambling. Do not go beyond the time and money that you have allotted for yourself. This is the best way to gamble with responsibility.
Responsible gambling can help you break your habit of problem gambling if you are facing the issue. It does not require you to ditch the habit. It only makes you more responsible and manages your habit in a better way.
Betting strategies are methods or particular strategies in gambling that help in increasing the profit or making a substantial profit while gambling. Betting strategies perform statistical analysis on the house odds, house edge and the system to calculate the best possible means to increase the chances of either winning, making a profit or booth.
Statistically, no betting system or a gambling strategy can produce or promise long-term profit, due to the changing house odds from one game to another. But some of the betting strategies mentioned in this article, will aid in producing long-term profits.
It is a progressive betting strategy that is aimed at increasing the chances of winning by doubling the stakes on every hand. Many of the sports betting strategies are also employed using this method.
For instance if you wager 10 dollars on the first hand, and you lose, then you wager $20 on the second hand and if you fail even this one, then you wager $40 on the next hand. The pattern is basically doubling the money on the previous bet. In case you win, then you make up for all the losses in the previous to bets.
Fibonacci series is a series of number which runs like 0, 1,2, 3,5,8,13,21,34… and so on. This sequence is used in many of the different strategies from hurricanes to galaxies. Two consecutive numbers are added together to form the series For instance, you bet $1 on the first hand and lose the hand, then in the next round, you would raise the stake to two dollars.
If you lose the next round again, then the stake is increased to 3 dollars and then 5 dollars. This strategy is reminiscent to the above-mentioned martingale strategy but can only be applied for the draw results when the probability is above 2.6.
Fixed wager betting
Although the above mentioned betting strategy sounds a bit complex, it is still used by the pro-gamblers and Millenials. But if you find those systems complex and complicated then fixed wager betting is an easier strategy to follow. As the name suggests, this strategy encourages betting with a fixed amount, regardless s of the amount you win or lose. This will give you a chance to keep the same amount without giving a chance to blow it all off.
Although this system is popular, it is not suitable for all as you’re restricted to choose the amount for betting.
Even though the above three strategies are the most popular of all the betting strategies, there exists other strategies which are not so popular, like
- Card counting for card games
- Hand capping for all sports betting
- Kelly criterion strategy
- Split martingale strategy
- Anti-martingale strategy
- D’Alembert system
- Oscar’s grind
Depending on your comfort and the level of expertise in the plan, and other reforms, it is your choice to choose the ones that work the best for you.
Despite the halt in many gambling and betting activities amidst the Coronavirus pandemic, e-sports continued to thrive. It still consists of some of the major games played in 2020 and it is not surprising if it continues to grow over the latter part of the year and for the coming years.
In this article, we have jotted down the top 7 e-sports games played in 2020
In partnership with the official NBA, this game was introduced in 2018. The gameplay follows the same rules and regulations of the normal NBA. NBA and players ought to showcase their talent in order to place their place in the team. The telecast of this game in channels like ESPN has drastically increased the game’s popularity.
This game is considered as the soccer, but with cars. The cars are companies by rocketing like features, where they can fly around the maps. Matches on competitive rocket leagues were introduced way back in 2016 and the game reached peak importance in 2019.
Rainbow 6 Siege
It is a first person shooter game developed and released in 2015 by Ubisoft. It is based on destruction of the environment and also lays emphasis on the players’ cooperation. It was introduced in 2016 and has gained worldwide popularity since then. This game is also a part of the Pro League of seven different countries in the world.
Call of Duty
It’s a fast-paced shooter game which is widely popular and was released in 2003. The game releases newer and better versions regularly which have increased the fan-base of the game. Although I was previously designed only for entertainment purpose, the competitive version began in 2010. By 2020 the COD: War Zone has gained so much popularity that the prize money for 2020 COD championship is $6 million.
It is a multiplayer shooting game that was developed in 2013. It is an extended version of the base version of the game called Dota, which was released in 2003. It is wrong if we mention that DotA 2 has one of the strongest fan-base for the game. It is one of the biggest games in the professional league called the Dota Pro Circuit which was introduced by Valve. The league was introduced in 2013 and by the end of 2019. It had reached $34 million. No wonder, the game is considered one of the best e-sports games in the world.
League of Legends
It is a multiplayer game which was released in 2009 and follows the same concept of DotA 2. The goal of the entire game is to destroy the other team, while protecting your own. With over 100 million active players, it is an extremely popular game worldwide which even broke the record of the most viewed e-sports game online and broke its own record last year.
Counter Strike CS: Global Offensive
It was developed in 2012 which grew to become the most popular multiplayer game where the terrorist and the counter terrorists fight against each other to plat bomb.