In the United States, it was previously illegal under the Professional and Amateur Sports Protection Act of 1992 for states to authorize legal sports betting, hence making it effectively illegal. The states of Delaware, Montana, Nevada, and Oregon—which had pre-existing sports lotteries and sports betting frameworks, were grandfathered and exempted from the effects of the Act.[5]

Additionally, make sure that you are analyzing a large enough sample size to get a good view of how your system is doing. Just because you have a strong first week does not mean you have a winning system. Just because you have a losing first week does not mean you have a losing system. What you’re going to be looking for are trends over time. The more games that you test your system on, the more accurate those trends are going to be.
Why is this important when making your selection? Well, hopefully, it's clear that your goal when making picks should not be picking winners. Anybody can come out and fire on huge favorites to pad a nice looking win/loss record. It takes an expert to come out and make bets that win you money. This is called making bets for value. Your entire goal of sports betting should be trying to find bets that have value.
Well, you look at the odds, and you see that the Dogaroos are +3 points on the spread. Since you weren't positive they were going to win, you might want to take the spread bet instead. You also might want to look into betting the over since you think it will be an offensive showcase and you may want to put a few prop bets on Grondogski to have a big game. Basically, by predicting the game first, you were able to see that there was a better option for you to take and you identified a few extra bets that you could profitably make.
The first model I devised, back in September 2015, was based on an expert’s predictions. In earlier seasons, NBC journalist Joe Prince-Wright had been particularly successful in predicting the Premier League end-of-season table. So I took his weekly “Premier League picks” and used them to decide which team to back. Prince-Wright’s predictions are fun, but quickly lost money, and I had to drop him from my modelling. In general, media experts provide entertaining predictions, but don’t outperform the bookies.
So, what are the actionable steps you can take to utilize this information to make better picks? It's actually quite simple. First, you need to figure out the percentage chance you think a bet has of winning. This is easier said than done, but we will cover this in a later section. Once you figure out what the likelihood is of a bet winning, you need to convert that percentage into an odds number. Then, start looking at different sportsbooks and see what they are paying for that bet. If they are paying better than what you think they should, you should make that bet.
By having multiple bookmakers you can reduce the bookmaker’s advantage. Each bookmaker offers slightly different odds. If you take the best available odds then the bookmaker’s margin drops to around 1.5%. For some big matches it can be even lower. This means that you only need to be about 2% better than the bookmaker in order to start to make a reliable long-term profit.

As the season progressed it became clear that a fourth and final model, which I called the odds bias model was the most reliable. Many betting markets exhibit a phenomenon known as “long-shot bias”, where the odds are better for favourites than for “long shots”. The bias can be explained by punters being attracted by the potential of big profits offered by large odds, and undervaluing the smaller gains to be had by betting on the favourite (and bookmakers adjusting their odds accordingly). 


Football is practically a religion in the Lone Star State, and with 23 NCAA Division I football teams calling Texas home, there’s no lack of action to be found when it comes to legal college football betting. Whether you’re a Longhorns diehard or a loyal Aggies supporter, you’ll be able to find coverage on any Texas college football team at online, offshore sportsbooks. These are currently the only books legally able to offer action on college football.
Now, while you’re waiting for land-based Texas sports betting to open up, there’s no reason to miss out on any of the action. There are hundreds of legal sports betting sites accepting Texas residents right this minute. That being said, you don’t just want to pick one and be done with it – there are things to take into consideration, like the variety of games and wager types available, as well as betting limits and added perks like signing bonuses and mobile betting.

Create your own winning systems in seconds using our vast database that reaches back through almost a decade’s worth of data (multiple decades for some sports)! Systems update after every game and alerts are triggered when an upcoming game matches any system. Systems can even be shared with the general public for bragging rights on finding the most profitable system out there! Run and save as many systems as you want!


An expert who bets on boxing or MMA has his opinions. He just doesn't allow them to be the singular driving force. He sees a fight and makes an opinion. That's just the first part. If the favorite is -300 and he feels it should only be -200, that's something he would not wager. But if he likes a guy to win a fight and determines he should be -200, but he's only -140--then now things are beginning to line up to make a wager.

Now, while you’re waiting for land-based Texas sports betting to open up, there’s no reason to miss out on any of the action. There are hundreds of legal sports betting sites accepting Texas residents right this minute. That being said, you don’t just want to pick one and be done with it – there are things to take into consideration, like the variety of games and wager types available, as well as betting limits and added perks like signing bonuses and mobile betting.
Another important source you can use to research online betting websites is social media. Every trustworthy online gambling site should have a presence on Twitter and Facebook as a valuable customer service tool. Following and/or “Liking” the sports betting site enables bettors to see how the company communicates and interacts with potential and current customers, giving them another level of trust and the necessary knowledge needed to make the right decision when the time comes to choose one. If a book is very responsive on social media, you can see that they really care about their customers and want to resolve issues in a timely and efficient manner.

Additionally, make sure that you are analyzing a large enough sample size to get a good view of how your system is doing. Just because you have a strong first week does not mean you have a winning system. Just because you have a losing first week does not mean you have a losing system. What you’re going to be looking for are trends over time. The more games that you test your system on, the more accurate those trends are going to be.
Many sports investors always want an edge against all the sportsbooks that they read in a bid to earn from their investments. Sometimes betting can be disappointing especially when you do not have concrete information on the sport and the teams that are betting on. Most of the casinos and betting sites will offer a number of betting strategies, but these are not enough to offer you the best odds in sports betting. Zcode System is a sports investing program that advices all gamblers on the sports to bet on and which to avoid. Besides, they offer you the reasons for the choice of sports to bet on to enable you reap from the bets you make. There are many other programs like Zcode System that offer advice on betting besides Zcode. Note that Zcode system is not a betting site but a sports investing site.

If all you care about is having fun, then feel free to bet however you'd like. We're attempting to address those bettors who are serious about their selections or are looking to become more serious with their approach. Becoming a winning sports bettor is not easy. We're not going to sugar coat that for you. It requires a well thought out intelligent strategy and plan for making the best selections possible.
Just like anything you do in life, the results of you betting into sports will be determined on what you put into it. It is not out of the question to bet on sports as a full-time job. There are plenty of people that live in Las Vegas that do just that. You need to have money to make money, though. If you are going to do it full time, $100 a game bets likely won’t do it unless you’re betting at 80% which is very unlikely and if you are, please contact me as I’d like to buy picks from you! Make sure you don’t get cocky when you hit a win streak because a cold streak is not far behind. Keep a bankroll and stick to it. Hopefully, you have a better idea of how to win money betting on sports.
I have wonderful experiences with Z Code system and I can only recommend it to every single person interested in sports investing programs. A-B-C system used by Z code software is simple and genius and thats why its so successful. My previous experiences with sports investing and betting in general were not really good and I struggled with other softwares, Z Code System gives me every piece of information I need to make a good decision, thats why I love it.
Honestly, the answer to this question is which approach works better for you. Some people who love math and statistics are going to like the mathematical approach. Other people who are allergic to math might enjoy the other approach. As long as the approach you choose is working for you and you're winning, that's going to be the better approach. If you're brand new to betting, you may want to start with the eyeball approach but toy around with the mathematical one. Just make sure that you're putting in the proper amount of research and effort into making your picks.
So, what are the actionable steps you can take to utilize this information to make better picks? It's actually quite simple. First, you need to figure out the percentage chance you think a bet has of winning. This is easier said than done, but we will cover this in a later section. Once you figure out what the likelihood is of a bet winning, you need to convert that percentage into an odds number. Then, start looking at different sportsbooks and see what they are paying for that bet. If they are paying better than what you think they should, you should make that bet.
The most important consideration when buying picks is finding veteran handicappers who are true experts in their field and are also known throughout the industry as being the best at what they do. There are “scamdicappers” out there who overly promote themselves with the aim to deceive. These are horrible people who will provide you with false records in hopes of taking your money. Any of the picks services we promote on OddsShark are thoroughly vetted, trustworthy and don’t make false promises. Check out our Top Picks Services pages for Canada and the United States for more information.
Yes – the price is higher and yes – it is not that easy to understand all the things which Z Code System´s software serves you in your e-mail. But if you really decide to make it in better way and to be proud of your betting achievements, you have to sacrifice some time (plenty of time actually) and focused work, like to every activity that you expect to be successful in the future. It´s the same with everything you want to accomplish, without hard work and honesty to yourself you can´t have success. Still you can move forward and make little steps to get to success with overloard sports investing softwares (and not only them).
The system uses a long-term strategy. If you are a professional bettor, you can supplement the strategy it supplies you with your own strategy, and this can help you understand how the system works. You are going to be making steady profits from this app anytime you use it. It is better that you start with a small bet before you progress to a bigger deal. This does not mean that you are going to win all your games. You are going to lose a few of your games. You are not going to win one hundred percent.
Developing a strategy is crucial. But researching the value in your strategy is very time-consuming. You should only be betting on games where you see true value in your strategy and not betting in bulk. For example, let’s say that you saw a trend that shows betting on reverse line moves for home teams. This trend has been winning 65% of the time over the past month so you decide you will only bet games that fit this profile. Finding games like this at the right line is no easy task. Even using a system like Sports Insights that alerts reverse line moves, you have to pay attention and find the best line that reflects the reverse line move. You also have to be sure that it is in favor of the home team. If the line has already moved then it likely doesn’t make sense to take the home team in this situation.
In my opinion however, one key piece of advice has been forgotten. VOLUME! To me volume is everything. Why? Because any person could blindly pick -110 plays and have a reasonable chance of being close to .500. If you fancy yourself a "sharp" handicapper, betting a large volume maximizes your opportunity to cash in on your expertise in a particular sport if you feel you have an advantage (knowledge, system, etc.) over the house. Each day that I have been handicapping here at line.com, my entire bankroll will be in play each day even though the bet size is limited (wisely) to a max of 5% of the initial $10,000 bankroll, and throughout the day I continue placing more wagers as I hit my winners.

Once you find a power ranking system that gets you close or a little over breaking even its time to use some filters. Again be creative, try to find connections between your winners and losers, and back track it. Maybe you noticed that plays that are juiced above -150 are costing you, or maybe its super huge dogs, what ever it is, get rid of those plays. Look at the public, know who they're on, maybe there's a correlation with your losers or winners that can be used as a filter. Dissect your large sample with a fine microscope, leave no stone unturned.
As the season progressed it became clear that a fourth and final model, which I called the odds bias model was the most reliable. Many betting markets exhibit a phenomenon known as “long-shot bias”, where the odds are better for favourites than for “long shots”. The bias can be explained by punters being attracted by the potential of big profits offered by large odds, and undervaluing the smaller gains to be had by betting on the favourite (and bookmakers adjusting their odds accordingly). 
If all you care about is having fun, then feel free to bet however you'd like. We're attempting to address those bettors who are serious about their selections or are looking to become more serious with their approach. Becoming a winning sports bettor is not easy. We're not going to sugar coat that for you. It requires a well thought out intelligent strategy and plan for making the best selections possible.
There are a couple of federal laws that directly influence sports betting in all fifty states, not just in Texas, that you should be aware of. These are the Federal Wire Act and the Unlawful Internet Gaming Enforcement Act (UIGEA). The federal Wire Act prevents people from taking wagers over state lines. The UIGEA prevents banks and financial institutions from processing gambling transactions made online in the US. This doesn’t prevent the usage of online sportsbooks, it just makes it a little tougher for credit cards to be accepted as deposit methods.

When you're making sports bets, you need to be thinking and choosing with your head and not your heart. Sports by themselves are emotional rollercoasters to watch. When you toss in the added stresses of winning and losing money, you'll find that stress going through the roof. A missed catch or silly mistake by a player is no longer just a loss for your favorite team, but it's now less money going into your pocket.
When you put (-400) in as the American odds, and you click convert, it tells you that the implied probability of the Dogaroos winning based on this betting line is 80%. Based on your prediction (what we will call the predicted probability), you also thought the Dogaroos had an 80% chance of winning the game. Therefore, this bet would be paying out exactly as you think that it should pay based on the likelihood of the Dogaroos winning the game.

As we’ve seen in other strategies, the unit system uses a range assigned by the bettor. These typically fall between 1 and 10, and are based on the confidence a bettor has in the wager. You reserve a 10 for that very rare wager that stands out. The 1 is for your most certain stakes. Each unit will be a percent of your wallet. Most often, each is valued at 1% of your balance.
You can also “do it yourself” and become a handicapper. However, most, if not all, information that you come up with (widely available information) is already priced into the lines. So, it doesn’t do you much good to look up the weather forecast or the coaches’ records on primetime games or other stats such as rushing yards or goals scored. The bookies, and other smart handicappers, have already pored over all this information and it has been accounted for. But if you are a computer whiz, or good with numbers, you may be able to develop a computer program to crunch tons of numbers in order to come up with an edge. A tip here: the smaller the market, the less attention paid to it, by bookies and other gamblers. So you may have a better shot at finding an edge in a smaller sport or market such as certain props.

Regression analysis is a type of statistical technique used to determine the important factors that affect the outcome of the event. In the case of sports betting this is usually done with multivariate linear regression. Because sports events are very complicated and there are many factors it is extremely difficult, if not impossible, to be able to accurately identify each variable that affects the outcome of the game. Also, regression analysis assigns a "weight" to each factors that identifies how much it affects the outcome of the event. Regression analysis has become so sophisticated that some gamblers actually perform it as a full-time job.[3] For example, Advanced Football Analytics ran a multivariate linear regression on the outcomes of American football games. The results determined that the most important aspect to winning the game was passing efficiency.[4]


While we wait for old-fashioned lawmakers to get their heads out of their butts, there are still sports betting options in the state. Online, offshore sportsbooks do not fall under the jurisdiction of state laws, and can legally offer sports wagering to Texas residents. Additionally, because there are no laws on the books when it comes to dealing with online, offshore sports betting, TX residents are free to wager as much as they like at online sportsbooks that are based in overseas countries.
The most obvious example is a second half betting line that may be available during a basketball or football game. But the ubiquity of mobile devices creates many more possibilities. You can bet on the next series, drive or play. It’s the second screen experience for sports– everything from “who hits the next three-pointer” to new moneyline odds being offered throughout the game. This type of betting is arguably more fun (and addictive) and is the growth area for the industry.
I found a long-shot bias in earlier Premier League seasons. For example, in 2014-15, putting money on Chelsea, Arsenal and Manchester City against teams lower in the table would have given a small but reliable week-on-week pay-off. Big teams win slightly more often than predicted by the bookmakers’ odds. This bias disappeared during the 2015-16 season, with big teams performing worse than expected, and with “long shots” Leicester City defying the odds. Not only did some bookmakers initially offer Leicester at 5,000 to 1 to win the league, but they were also undervalued in almost every match they played.
Zcode System is, in my eyes, the best sports investing software/system I’ve come across.  Ron, Mike, Steve, and their team of programmers spent over 2 years beta-testing Zcode before even launching it live, and it really shows.  I’ve personally been using it for close to 3 years now and yes, I’ve made money.  A lot of money.  The done-for-you trend lines alone are worth the price of admission.
Head over to our world-famous sportsbook, where you will find live lines for all major sporting events, but that is not all because at BetOnline, you will also find the Betting Edge, which is a constant stream of advice from people that spend countless hours looking over trends and statistics, so you don’t have to. You get an honest and educated opinion for people that truly love sports, and we are always updating the section to keep you up on what’s happening in current in the world of sports.
You can also “do it yourself” and become a handicapper. However, most, if not all, information that you come up with (widely available information) is already priced into the lines. So, it doesn’t do you much good to look up the weather forecast or the coaches’ records on primetime games or other stats such as rushing yards or goals scored. The bookies, and other smart handicappers, have already pored over all this information and it has been accounted for. But if you are a computer whiz, or good with numbers, you may be able to develop a computer program to crunch tons of numbers in order to come up with an edge. A tip here: the smaller the market, the less attention paid to it, by bookies and other gamblers. So you may have a better shot at finding an edge in a smaller sport or market such as certain props.
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