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There is a lot to consider when doing bookmaker ratings. We have to consider bookmaker reviews and top betting sites to get the data we need to compile the list of top 100 bookmakers. We have two types of bookies. We have ordinary ones and we have the best ones.
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Bookmakers Betting Secrets of Sports Betting – The Secrets! Many people think that the point spreads show what odds makers believe are the numbers of points a favorite will win by. However, this is not the case. The goal of a point spread is to attract an equal amount of bets on either side. Odds makers want to create numbers that will cause half of people to place bets on one side while the other half bet the other side. This is called dividing the action, which means the sportsbook or bookmaker is guaranteed to receive a profit on the bet no matter which side wins. An opening line is the first line that odds makers create and send out to online sportsbook companies, casinos and bookmaker ratings. The opening line is created from a power rating based on the value of each team. These power ratings are used to calculate a preliminary point spread for the next game. Whenever a team finishes a game, the power ratings are adjusted. Other non-game factors such as player injuries and trades will also cause the power ratings to become adjusted. After a point spread is determined based on the power rating then the line is adjusted once the most recent games are reviewed. Adjustments can also be made based on what a newspaper prints about a coach or players thoughts at the start of a game. Since the purpose of a bookmaker ratings line is to divide the action, the oddsmakers also take into account what the public thinks of the team and current bookmaker ratings patterns. After the opening line is released by the oddsmakers then the individual bookmakers or sportsbook company can decide to adjust the line before they post it for their players to view. This is to divide the action more evenly.
After bookmaker ratings has started, the line can change at any time. By doing this the sportsbook can make a team look more attractive so they will get more action. This also allows them to influence the way the public bets on a certain game. During the 1980's, I was part of a group, that used computers to win millions in sports wagers from Las Vegas Casinos. This was before personal computers were in everyday use. The invention we not call the internet was years away from having access to handicapping stats and data. We were successful for two reasons. First we were ahead of the odds makers in collecting important information. They were still doing things the old way, and we took advantage of that loophole. Those days are gone forever. The second key to success, is to understand how the numbers really work best betting sites. ODDS DO NOT PREDICT THE WINNER Think of it this way. "Odds do not predict who will win. They are actually predicting who the public THINKS will win." Most sports punters, both professional and novice, do not understand the bookmaker ratings secrets of the bookmakers. Two-way sports wagers, (meaning two teams with a 50-50 chance of winning with no ties) are posted at odds of 11- 10. This means you wager £11 to win £10. Half the punters select team A, and collect their £10 when they win. The other punters choose team B, and lose the contest paying their bookie £11. You would think this gives the house or bookmaker a 4.55% advantage. You would be wrong with this assumption, but do not feel bad, 99.5% of the bettors think like you do. THE BIG MISCONCEPTION General thinking goes something like this. The bookmaker ratings, insure themselves a profit only by balancing their books. In other words, they hope to get half the bets on each of the teams, thus they win every time. In reality, they hardly ever balance their books, or even come close. You may find small local bookmaker ratings, with small bankrolls, try to operate in this manner, but with so many internet shops available, even they can even up lopsided books. Many small bookmaker ratings do not even know the secret. They are like the rest of the cattle and travel along with the herd. The erroneous belief that large sports bookmaking operations need to balance their bets is the big secret in the industry. What they do need to accomplish, is secure plenty of volume on both sides, without actually best betting sites the books.
THE BOOKMAKER'S SECRET REVEALED Suppose the bettors in our example game, risked $165,000 to win $150,000 on the favorite. But the public only bet $82,500 on the underdog trying to win $75,000. This looks like a mismatch, with the bookmaker heading for big trouble if the favorite wins. If the dog prevails, the sports book makes a profit of $90,000. He wins $165,000 from the favorite bettors, and pays out $75,000 to the Dog winners. If the Favorite wins, the bookmaker loses $67,500. He will win $82,500 from the underdog backers, but lose $150,000 to the fans who bet the favorite. This results in a loss of $67,500. Now you may be saying too yourself that math does not make the house a winner. So let us review, when the Underdog wins, the bookmaker wins $82,500 but if the favorite wins, he loses $67,500. Favorites and underdogs usually split the winning equally and each side 50% winning of the time. Half of the time he will lose $67,500, the other half he will win $82,500, so his profit is $15,000 no matter who wins. So in our example, what is the bookmaker really risking? The bookmaker is really risking $67,500 to win $82,500. In simple terms, he is essentially laying $75 to win $100. That means he does not have to even win 50% of the time to break even. The house only needs a 42.9% strike rate, after that, it is all profit. TAKE DOWN A 33% PROFIT NO MATTER WHO WINS Give me odds of losing $75 and winning $100 on a 50-50 coin flip wager. I will beat you every time with this huge house advantage. To most fans, the general thinking is the bookmaker needs to balance his books with equal wagers. From my example, you can see this is not true. When you have bettors risking twice as much on the favorite side, you are getting a 33% return on every dollar. I hope you are intrigued about the power of professional computer handicapping. We have developed proprietary main frame programs, that use artificial intelligence to learn every day. Continue to learn, and take advantage of our FREE [https://topbettingreview.com/bookmaker-ratings/] Research articles. I also offer a FREE daily Computer Sports selections https://twitter.com/Topbetting24 Steve was part of the Computer Group, who had a bookmaker ratings pool of over $40 million dollars and beat Las Vegas in the 1980's. Later, some of the programmer’s attack horse racing in Hong Kong where the stakes and profits were even greater. He is now retired, and offers he resources to others who share the dream of "Winning at the Races" – [https://topbettingreview.com/bookmaker-ratings/] 53/2 Macquarie Road Auburn Vale, NSW, Australia 2144