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A little history of Bell Helmets!
Do you know that the company that makes Bell helmets did not start out making helmets? It was a company that sold auto parts -- Bell Auto Parts -- started by George Wight in Bell, California, in 1923. In 1933, Rogy Richter went to work for Wight....
Dangerous Reef and its sharks
Dangerous Reef is a famous Western Australia dive destination due to the sharks which can be observed in it. Divers who enjoy intense and risky sports usually choose this Australian area as their diving destination. Due to the real danger that these...
Interested In the PowerBlock Adjustable Dumbbells? Don't Think About Spending a Penny Until You Read Every Word On This Page!
The Powerblock dumbbells are one of the most popular adjustable,
quick change dumbbells on the market. Backed by a 10 year
warranty, these "made in the USA dumbbells" are extremely
durable, replaces dozens of regular dumbbells and can be...
Road Bikes Reviews: The Giro D'italia Is The Italy's Answer To The Tour De France
The Giro d'Italia has a fine history behind it, like the Tour de
France it was started to publicise a newspaper, just like the
Tour de France the organisers made the leaders jersey the same
colour as the paper, yellow in France from the L'Auto...
Rolling Into The Mainstream
Ask any disabled athlete if they would jump at the chance to compete against able-bodied athletes, and they would probably give you an emphatic "Yes!" Whether it's crossing the finish line in a track meet, or kayaking on the river, having the...
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Handicapping, Sportsbooks and Profits - OH MY!
Handicapping, Sportsbooks and Profits - OH MY!
Do you like betting on Sports? If so, what do you like the most today?
* The thrill of the action and winning? * The ease of betting online from anywhere in the world? * The potential to win substantial amounts of money?
All of these are part of the fun. But of course, gambling isn't for everyone. For some it is against their beliefs, for others it is too powerful an addiction, and for others...well, you get the idea.
But for those that can treat sports betting like investing in the stock market, there are substantial benefits. You need a system. You need to do your homework. You need to realize it is not a get-rich-quick scheme, but rather a long-term investment of time, money, research, and experience.
But once a person decides to get involved, what should they do?
1. You should contact a lawyer about whether it is legal for you to engage in offshore betting where you live. This is often an overlooked step which can lead to big headaches later on. Don't forget to do this!
2. Set up an accounting system so you can report your winnings. You should always report your winnings, period. If you have gambling losses, make sure you report them separately from all other sources (including lottery losses).
3. If you have a proven, winning system at betting on sports then you have an edge. This makes you an advantage player. However, most people don't have this level of knowledge and experience, and should rely on somebody else at least in the beginning that has done the research beyond looking up sports scores in the daily newspapers. These experts are known as handicappers. If you are just starting out, it may be worthwhile for you to seek one out, one you can trust. Odds are that if you just try doing it yourself, or, pick just any tout claiming to be a handicapper, you'll probably wind up losing all your money.
4. Actual betting is done using Sportsbooks, also known as books or bookmakers. As a personal aside, I recommend you don't call them bookies as it carries a connotation of illegality and won't get you into their
best graces if you know what I mean. Picking a sportsbook you can trust is vital since you will be giving your money to them to make your bets for you, and you are relying on them to pay you your winnings.
5. Make sure the countries your sportsbooks reside in have strong gaming commissions. Countries such as Antigua (Barbuda), Australia, Austria, Belize, Curacao, Gibraltar, the Isle of Man, Jamaica, Mauritius and England have strong gaming commissions with expensive and stringent gaming licensing procedures. In addition, they also have good technology infrastructures with adequate bandwidth for real-time betting.
6. Once you find a sportsbook you like, you will need to open an account. All I can say here is you need to enter all your information completely and correctly. Remember that this information will be used to send you your winnings.
7. Finally, make sure to record your plays. A simple spreadsheet works well for being able to add up your winnings and losses each year. However, sometimes players don't want others snooping in their affairs. If this is just a family issue, you can just save your open wagers page by using your internet browsers' "File Save As..." feature to some obscure folder on your computer. However, if the snooping is a really big problem, you may want to check out utilizing offshore banking accounts to keep your privacy intact.
In essence, if you do your homework and find people that you can rely on, betting on sports can be fun, entertaining and lucrative. But keep in mind that this is a totally unregulated business worldwide (with the exception of Australia). There is no safety net, and you are totally responsible for your own funds. So be prepared to do your due diligence...so you can enjoy this exciting and potentially wildly profitable industry.
About the Author
About the Author
Thomas Straub invites you check out his new site which he built to help people find the best advice by the top 18 handicapping services and how to find a sportsbook you can trust at:
Sports Picks
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