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Online gambling ?

KOBEcollectorKOBEcollector Posts: 3,873 ✭✭
in Sports Talk
Does anyone here gamble on games thru some of these different on-line sport gaming sites ? Are they even legal ? I've been thinking about waging some small dollars on some games but i thought i'd see if you guys have had any experiences with these sites first. If so feel free to lmk which sites are the best to use. Thanks , Dave

Comments

  • jason045jason045 Posts: 260
    I have been using sportsbook.com for a couple of years now. They are top notch all the way and their customer service is excellent. They have a low minimum wager ($5), tons of prop bets, and an online casino with craps , blackjack, slots, etc. if you are into that. And when you withdraw they fed-ex a check to you within a week at no charge. If you decide to go with them, tell 'em I sent you and I'll get a 15% bonus on your first deposit.image
  • kuhlmannkuhlmann Posts: 3,326 ✭✭
    check www.osga.com they tell the best ones to go with and the ones to stay away from.
  • KOBEcollectorKOBEcollector Posts: 3,873 ✭✭
    Guys thanks a bunch for the replies
  • stevekstevek Posts: 28,997 ✭✭✭✭✭
    Sports betting on the internet is not legal in the United States. But I have never heard of the police arresting anyone for gambling on the internet. That being said, there is nobody on the face of this earth who can make money betting with a bookie whether it's a local illegal bookie, Las Vegas bookie or internet gambling website bookie. If wanting more information about this check out this website at LINK. Spend your hard-earned money on fun things such as collecting baseball cards, rather than totally wasting it through online sports betting.
  • BigKidAtHeartBigKidAtHeart Posts: 1,799 ✭✭
    I do online gambling legally all the time...

    I go here...
    imageimage
  • jason045jason045 Posts: 260
    I have to disagree with you stevek. I took a look at my wagering history since the day I opened my account with sportsbook.com and my net gain is a tad over $3000. If you do your homework, and don't get stupid with it, it is not hard to win betting on sporting events. For example, I average about 65% against the spread in NFL games. If you can be right just 51% of the time you can make money.

    P.S. Stevek, I use my gambling winnings to support my card habit.image
  • vikesfan40vikesfan40 Posts: 104
    I think you would have to do a little better than 51% to make money. Don't they charge juice when you lose?

    I have to agree though. Most people lose at gambling because they get "crazy". They start losing and instead of accepting they had a bad week and waiting they keep betting the next game trying to catch up.

    They start getting wild with the sucker bets where they get extra points if they can pick all three winners etc.
    etc.

    I have had success with picking two to four NFL games each week. (Entertainment purposes only of course). You research them and only bet the ones you like...win or lose.

    There is also value in the underdogs. John Q public loves to bet the favorites.
    Collecting PSA and BGS 500 HR & 3000 Hit Club Baseball
    HOF Quarterbacks Football
  • iamthegreatcornholioiamthegreatcornholio Posts: 3,366


    << <i> If you can be right just 51% of the time you can make money. >>



    Not quite, on a standard -110 line you need to be right 52.38% of the time to break even.

    (100/110)X-(100-X)=0 -> X=52.38

    Brian
  • stevekstevek Posts: 28,997 ✭✭✭✭✭
    Jason - I'm glad you are a baseball card collector and spend/invest money on baseball cards. This is a great hobby! It's just a shame that the money blown on sports betting won't ever be channeled into something else. Winning money betting on sports isn't debatable because it is impossible. Not "probable," not "maybe," not "unlikely," not ANYTHING other than impossible and you already know that. You can state whatever fictions you want to, but the fact is that there has NEVER been a documented long term winner in sports betting, against the spread, by a reputable independent auditing company. You will definitely lose money in the long term and also in the short term if betting enough games. Even betting just one game per week, will eventually grind you out of your money.

    Your thinking may have been influenced by sports touts. If anyone believes those sports tout liars on Saturday morning TV (or anywhere else) shouting at you to buy their latest sports betting system or to make you pay for the pleasure of losing your money on their picks, then it can also be believed that there is a "genuine" 1952 Topps Mantle on ebay which some guy just found in his attic, but he doesn't want to send it to PSA for various reasons. Also the so-called "documentation" of these sports touts is of course a total sham.

    You cannot make money betting with a sports bookie. You can learn this the hard way by trying to do it and losing a lot of money, or you can listen to this helpful advice and never again make a bet with a sports bookie. The choice is up to you. You are a fellow baseball card collector - I hope you make the right choice.

    Steve
  • iamthegreatcornholioiamthegreatcornholio Posts: 3,366
    I remember this debate well, stemming back to the WPT thread. Steve, starting using numbers and probability – “figures don’t lie but liars often figure”. Rational people don't say "never" or "always" as those are false. In the long run your odds may be slim, but they are non-zero. Your adamant stance coupled with mindless rhetoric has weakened your argument. If one can beat the spread (tying the spread is "no-action" or "push") 53% of the time they will make money. Jason quoted he is right 65% of the time and up $3000. If all of a sudden he started becoming “average” (50% correct). He would be constantly bleeding about 2.5%. Assuming his wagers are small and frequent, two $25 bets every day – one wins one loses, he would lose $2.27 a day so it would take 1322 days to lose it all. Also SELF CONTROL is a key issue, chasing loses will most likely lead to larger and larger losses so we can agree there.

    Brian
  • stevekstevek Posts: 28,997 ✭✭✭✭✭
    Brian - You have a nice collection of PSA graded 1965 Topps Baseball Cards, which is also one of my favorite years. You are a good poster on this forum and your viewpoints are often intelligent and interesting. But you are totally incorrect on this one. Something is clouding your usually fine judgement. It's none of my business what that is and I'm not asking. Self control is not the issue - losing money is the issue. The issue is whether to blow a $50 bankroll betting on football games or buying a few nice 1965 Topps Baseball PSA 8 commons for the $50. You are 100% guaranteed to eventually lose that $50. NOT 99.9% guaranteed - 100% guaranteed. Unfortunately, most sports bettors often lose a lot more than $50 betting with bookies. Believing that money can be made betting with bookies, is the same old nonsense that has been printed for years in "how to win at sports betting" books and articles. These books and articles always give many ways on how money can be made by sports betting. Only one catch though - none of these ways work. And none of your systems and ideas or anybody else's about making money betting with bookies can ever work. You can believe and continue to be fooled by the nonsense that it is possible to make money betting with a bookie. But you'll find out sooner or later that everything in this paragraph is the truth - I hope that you find out sooner.

    Steve
  • jason045jason045 Posts: 260
    "You can state whatever fictions you want to..."

    Stevek, are you calling me a liar? Listening to the argument you make leads me to believe that you were once a bad gambler or had someone close to you who was. Don't tell me its impossible to win money. I know for a fact that it is not. And no, my thinking has not been influenced by "sports touts". I watch sportcenter, check injury reports, read game notes, etc. and make an educated choice on my own. Far from being impossible, it really even isn't all that difficult if you are dedicated. I have to agree with vikesfan and cornholio. The problems come when poeple lose three or four bets in a row then they try to get it all back in one bet. Sometimes they may win, but if they lost, then they are down double. It becomes a vicious cycle.
  • iamthegreatcornholioiamthegreatcornholio Posts: 3,366


    << <i>Something is clouding your usually fine judgement. >>



    That something is my belief in free will, and conveying hard numbers rather than using scare tactics. There's no doubt that the books continue to make money, but a good deal of that is the "dumb" bets out there that people fall prey to.

    Oh yeah and the other thing clouding my judgement is the fact that I upgraded my 19" "boob tube" to a 53" HDTV because I went 10-1 in the NFL playoffs last year image

    Brian
  • kuhlmannkuhlmann Posts: 3,326 ✭✭
    Reading all your arguments on this subject. I propose this lets all pick 2-4 games a week you would wager on and lets say 50$ a game and see where everyone is at by the end of the year. college or nfl. and then we can see what percentages we would of hit or lost on. not real money just post your picks weekly and we can keep track. and see who is correct on this.


    ill start here is my play of the day for tomorow. northwestern az state over 61.5. one game i like. also like titans -3 over the fish. so chalk me up for those 2. sunday i will give 2 more. maybe a falcon blowout??
  • iamthegreatcornholioiamthegreatcornholio Posts: 3,366
    It wouldn't prove much. Some of us would make pretend money other's would lose pretend money. Overall as a group we should lose; however, the argument that ALL of us would lose 100% of the time is fallacious. I'll play along, but let's create a new thread.

    Brian
  • stevekstevek Posts: 28,997 ✭✭✭✭✭
    Jason/Brian - I am not looking to flame anybody who bets sports. I will flame professional liar sports touts. And I will correct people's notions that money can be made by sports betting. Jason, you misinterpreted what I said. I never said you weren't up the $3,000. I'll take your word for it. Many people have temporarily won $3,000 or more or less. But the money will be lost back if you continue to bet. You should permanently quit while you are ahead. And don't take this personal - but it is fiction when ANYONE says they can make money betting on sports with a bookie - and I'll completely stand by that statement. Again - I'm not flaming and if the post is coming off that way then I apologize. You can heed this advice or continue to believe the nonsense that money can be made betting on sports with a bookie - it's up to you.

    Kuhlmann had a very interesting idea. Jason probably has the confidence to participate. Brian also. I won't participate, but I would watch the thread each week and in 16 weeks, we can look at the results. Start with a mythical bankroll of say $1,000 and each person can keep accurate tabs on themselves. Remember to add 10% on the amount when deducting for a loss which of course is the bookie's usual vig. Bet however many games and however much money on each game that you want. Kuhlmann, Jason, Brian or someone else go ahead and start a seperate thread (or keep this same thread) if wanting to and if the moderator will allow it. I'm sure this is legal because you see this done in newspapers all the time with a sports columnist betting with a mythical bankroll. It would be most interesting and others might also partake. But whatever you guys decide, thanks for the lively debate.

    Steve
  • stevekstevek Posts: 28,997 ✭✭✭✭✭
    Brian - didn't see your last post until after I just posted. Whichever way one of you guys first wants to do it. You are right - it wouldn't prove much, but it would still be fun and interesting if nothing else. Remember to put the point spread or over/under number next to your picks. The spread may vary slightly from bookie to bookie but we won't worry about it. Whatever current point spread you post next to your bet, will be the one which determines whether the bet is won or lost.

    If Jason or anyone else is winning money after 16 weeks, I'll acknowledge that, but I promise that I won't browbeat anybody who loses.

    Steve
  • iamthegreatcornholioiamthegreatcornholio Posts: 3,366
    Alright cool, it should be interesting – I only have money on a few games this season though, most of mine are division champs and stuff that I get a whole season worth of yelling at the TV. The analogy I think of gambling is a hook with a worm on it. A fish can nibble on the worm and be okay but if that fish gets greedy and bites down it'll be gutted. Between comps, nicer lines earlier in the season, and other promos one can stay afloat. They just have to remember that there's a reason for that - so they can try to gut you later. Self-control is recognizing this situation and wagering accordingly.

    Brian
  • stevekstevek Posts: 28,997 ✭✭✭✭✭
    Man you guys are quick - the threads up already. I'll leave this thread with one more piece of advice. DON'T BET AGAINST THE EAGLES THIS YEAR!!!!! image
  • iamthegreatcornholioiamthegreatcornholio Posts: 3,366
    I got the Eagles winning the NFC East when they were 11-10 now they are 5-12 I think. This is what I meant by nice lines offered a month ago. Don't let me down image
  • DaBeefDaBeef Posts: 2,478
    Dang Steve, pretty hard headed arent ya. I like that, and you are 100% no no wait 110%! wrong. Lets put your theory to tesy. Will anyone take this bet?

    (My dog, bear will be the bookie. he needs 10%, woof woof.


    I will bet anyone, just one person, $20 that the Minnesota Vikings will win vs the Cowboys, this Sunday. I will give you 5 points.



    Now do the math, well maybe the thegreatconholie could cause he musta paid more attn in math class than I did image
    Am I speaking Chinese?



    image
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