Early daily double means placing wagers on races 1 and 2. Basically, Dutching is a form of wage placing that stretches the risk of losing, by betting on more than one “runner” or horse in a race or event. In quinella, both runners can be interchangeable.
. You can also have combination bets in any daily double wager. This certainly affects the odds by making the rest of the betting field profitable. During the last 25 years he has been managing banking and online transaction processing technologies for private and public sectors. The software or the recently upgraded odds Dutch calculator will do the rest for you. Dutching calculators that perform the intricate math behind this system are often available for free from different website in the Internet; one of which can be found at http://www.premierturfclub.com. Dutch wins have, as a rule, lower profit margins on a race to race basis. For example, you are playing Entry # 1 at 5-2 and Entry # 2 at 3-1, a Dutching chart can show you that the $2 return is $7.00 and on # 2 is $8.00. Their difference lies therein: in exacta, you must specify which runner should finish first and which runner should finish second. The Dutching process calculates the correct winning bet on each selection so that the return is the same if any of the bets wins. Likewise, late daily double means placing wagers on the last two races of the day. There are four different kinds of Dutch betting you can do at the PTC website, namely: win, daily double, exacta and quinella.
Jimmy Mayon (MBA, BSEE) is a technologist with an enthusiasm for Horse Racing. Exactas and quinella work with almost the same principle: you have to pick the first two finishing horses. This method, however, is very popular among bettors who are interested in making money consistently and over the long haul; rather than just one win at one race at one event. Rolling daily double means having your pick of runners from any of two consecutive races. A true Dutching wager would have to be an $8 bet on Entry # 1 and a $7 bet on Entry # 2; the return in both cases is $28. Today he specializes in open source development using Java, PHP, Linux, and MySQL.
The term Odds Dutching or simply Dutching was coined after a fervent horse race enthusiast named Arthur Flegenheimer who also went, for some unknown reason, with the equally puzzling moniker of Dutch Schultz. In order to win, your must pick the winning horse in each of these races. The Dutching bet offers the bettor a higher potential Win Frequency or WF.
This kind of wagering strategy can pay enough dividends when bettors successfully reduce potential winners of an event to a select few; or when information about the runners not expected to perform well does not reach the other bettors.
As of September this year, Premier Turf Club or PTC has upgraded its real-time odds Dutching system, making it easier to place wagers on your favorite runners.
Daily double entails picking the winning runner in two consecutive races. You can simply check off the horses you want to include in your Dutch “set,” specify the amount of your wager and set a minimum amount as your return of investment or ROI. As a result, the profit on that $15 wager ($7 + $8) is $13 or roughly 86% of your initial investment
Over 18s only.. Address: Units 2/4 and 2/5 Waterport Place, Gibraltar. Betfair Pty Ltd is licensed and regulated to offer Australian Markets by the Tasmanian Gaming Commission, and for customers in the UK, by the Gambling Commission, Licence Number: 000-039365-R-319337-001. Fixed Odds & Multiples bets are placed with Betfair Counterparty Services Limited which is licensed and regulated by the Malta Gaming Authority. Betfair International Plc is licensed and regulated by the Malta Gaming Authority. For any queries relating to Betting.Betfair, e-mail Copy@betfair.com. Licence Number: MGA/CL2/294/2006 12 March 2013, and for customers in the UK, licensed and regulated by the Gambling Commission, Licence Number: 000-039439-R-319330-001.
BETFAIR ® and the BETFAIR logo are registered trade marks of The Sporting Exchange Limited. Licence Number: MGA/CL3/454/2008 17th March 2015, Betfair International Plc, Triq il-Kappillan Mifsud, St
But ask yourself ; “how easy is it to get access to my money and how much does it cost?”
Not all the above are critical – but help towards finding a secure book.
This article was posted on October 22, 2004
The UK has a number of established books including William Hill, Ladbrokes, Coral, and Victor Chandler. I also like SportingBet (www.SBSportsbook.com) who take US customers and cater for global sports.
Read press articles as opposed to reviews – reviews are usually written by the sportsbook’s marketing team.
Test run the software by joining and playing for free – most sportsbooks offer this facility.
Find out if your funds are insured or separated in ESCROW accounts so that if the sportsbook company goes under – your funds are still safe.
Find out if the sportsbook is independently audited.
How long has the operation been online – three to four years is usually a good marker as a minimum.
Test out the customer services to see if they meet your standards or the standards they promise you.
If you know about betting already, then check some of their odds and lines – are they in keeping with what you would expect? Some less scrupulous sportsbooks offer very attractive prices to lure unsuspecting bettors.
“How to Choose the Right Sportsbook!”
by: Daniel B. King
So you have decided to start betting online – or maybe you just want to find a new trustworthy sportsbook – what do you need to look out for?
Well I am in a position to speak from some experience – I did at one time hold accounts with about sixty bookmakers in Europe, UK, Australia and offshore – the latter catering mainly to the US market. It is, therefore, critical that those US customers put in the research before signing up.
So what do you look for:
It is not that easy finding a reputable sportsbook – partly because the web is populated by website owners who will sing the praises of a sportsbook or casino simply because they earn revenue from signing up customers via an affiliate program. These vary quite a bit from book to book. Often these website owners know nothing about betting, do not hold accounts with the sportsbooks they are advertising and have not researched the companies they are involved with.
You are keeping your money in an account online. Therefore you should think of the sportsbook you are considering as a bank – a place that you intend to keep funds long term.
<< Back to “Recreation And Sports” Index. Options should be available that are ‘free’ or where the sportsbook absorbs the charges. The offshore books with whom I work are top grade but it is in the offshore environment that problems occasionally occur. Sometimes this means added solidity.
What are the deposit and withdrawal options and the associated charges. I have had at least three online sportsbooks go broke on me – luckily my losses were kept to a few thousand dollars – that may sound a lot but it could have been a lot worse.
If you have already have an account with a sportsbook watch out for lapses in customer service and slowness of payment – these can be signs that the company could be in trouble.
I would say that US bettors are at most risk since they are generally forced to bet at offshore sportsbooks due to legality issues.
Find out if the sportsbook is part of a larger group of companies
Stakes races can be assigned one of three grades–Grade 1, Grade 2, and Grade 3. Often, a Grade 2 race will precede a Grade 1 race on the racing schedule. That’s why many of the new races in the Breeders’ Cup over the last few years were not initially graded.
An ardent fan of horse racing for years, I am extremely passionate about writing articles on adventurous topics on the lines of new developments in sports, online games as well as other fields. A minimum of six committee members would have to be on board in order for a race to be downgraded.
A Grade 3 race, the lowest level of graded stakes races, must have a minimum purse of $100,000.
In order for a race to be upgraded, it must be approved by at least eight members of the committee. To be eligible for Grade 1 status, a race must have a minimum purse of $250,000. The committee assigned Grade 1 status to 112 races, (24.1 percent), Grade 2 status to 151 races (32.5 percent) and Grade 3 status to 202 races (43.4 percent).
“Why bother? Why try to remember which race is better than, or inferior to, another?” Kent Hollingsworth, the longtime editor-in-chief of the influential trade publication Blood-Horse Magazine, wrote in 1973. For example, the Grade 2 San Antonio Stakes at Santa Anita is followed a month later by the Grade 1 Santa Anita Handicap. The idea of assigning grades to various stakes races, which is administered by the Thoroughbred Owners and Breeders Association, was designed to provide breeders with an easy reference to compare the relative class and ability of a racehorse. Grade 1s, which include races such as the Kentucky Derby and Breeders’ Cup Classic, are considered the most prestigious of all North American Stakes races and carry the biggest purses. The process of assigning grades is somewhat convoluted, but in essence what the committee does is look at the relative strength of a race over a five-year period. A Grade 3 race will often feature horses on the rise with Grade 1 aspirations, or horses that have already proven in their careers that they are a cut or two below the very best.
A Grade 2 race, which is one step down from a Grade 1, must have a minimum purse of $150,000.
In order for a stakes race to be graded, it must be run under the same conditions for a minimum of two years.
“Because, to improve the breed, to upgrade a broodmare band, to select a stallion, to understand a catalogue page, to evaluate a family–one must be able to recognize racing class.”
Grades are determined and assigned by TOBA’s American Graded Stakes Committee, which consists of six members of TOBA and five racing officials.
In 1973, horse racing in North America entered a new era when the concept of “graded stakes” races became a reality. You can find articles regarding Horse racing industries and interesting facts about the understanding of online racing games.To know more about horse racing games online and related information log on to www.horseracegame.com.
For 2012, the American Graded Stakes Committee reviewed 659 unrestricted U.S.
Grade 1 races are expected to attract the best racehorses in training and potential champions.. The better the horses that compete, the higher the grade
To assist them by this, they could also explore online for straightforward glossaries on the most ordinary stipulations used in placing bets in cyberspace.
And finally, gamblers can also labor on learning how to expand good cash managing. Also, a gambler who recognizes how to recognize and scrutinize the likelihood to the match can create an enhanced betting strategy, virtually giving that gambler and perimeter amongst the additional players.
To initiate off, it’s imperative for all aspiring gamblers to study significant terms used in gambling sports online. Later on all, it’s not just a stuff of only selecting out any arbitrary booker who’s keen to take suggestions.
Making effective bets is truthfully pleasant. This is significant, as the match rotates in the region of these odds. It takes huge knowledge and investigations to do this. This is where skill comes in versatile. Nevertheless doing this might not be the simplest item to do.
If you are desirous to become a sports betting champ by mastering your betting skills, all you need to do is visit the site. That’s an extensive and deadly procedure and gamblers need to study the simple essentials.
After getting a reasonable clasp on the most frequently used sports gambling terms, novices can develop towards consideration sports gambling odds. Culturing the fundamental stipulations would be a great initial point. However, for novices, they can simply obtain this capacity by looking for a variety of trustworthy tips concerning introducing digital bets.
. The method a player holds his/her cash in insertion bets online can also make or crack him/her. They can maintain themselves modernized waiting they have a recognizable clasp on the stipulations. Nevertheless, on behalf of it to be worthwhile, gamblers must recognize how to play appropriately and maneuver precisely. And, if you are seeking some tips related to online betting make sure to visit this link.
Long distance sports gamblers may previously be acquainted with by at the present that a steadfast and secure gambler is one of the most significant things to appear subsequent to betting games online. Novices can begin by scrutinizing pro-bettors at first
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And last month NBA Commissioner Adam Silver said at a business conference that he was not opposed to the idea of sports betting and expected his league to participate in it at some point
The William Hill Race and Sports Bar would become the William Hill Race and Sports Book. Lawyers for the four leagues and the NCAA will argue Oct. Gov. An end-run around the federal prohibition of sports betting in all but four states is once again in play.
“I believe the New Jersey market once fully up and going would be at least three times the Nevada market,” Asher said. District Judge Michael Shipp that the injunction he issued last year upholding the ban should stay in place despite Christie’s announcement that the state would not be involved in regulating the betting.
Should the door open in New Jersey, though, other states will surely follow, much the way they did when Atlantic City became the first place outside of Las Vegas to legalize casino gambling.
For now, though, the NBA and the other major sports leagues are lining up against betting in New Jersey. And that could be a game changer for anyone in New Jersey who likes to have a little action on their favorite team.
It might not be long, though, before you can order an NFL three-teamer to go with that trifecta on the ponies.
Of that, there is little doubt. There’s no shortage of sports fans in the New Jersey/New York area, and bookmakers believe they will line up from opening day on with fistfuls of cash to wager on games.
Unfortunately for would-be bettors, not everyone is enamored with the idea of sports betting. 31 before U.S. The online market could explode, much like it is in Nevada where 36 percent of William Hill’s handle comes through bets on its mobile app.
New Jersey residents want it, voting overwhelmingly in 2011 to permit sports betting at race tracks and casinos. “This is a very sizeable market.”
But now the issue is back before a federal judge, and all bets are off. They’re stuck in the past, still believing that betting on sports draws undesirables and is somehow a threat to the integrity of the games themselves. Betting is limited to the expected finishing position of the horses on the track.
“We’re built out and ready to go,” said Joe Asher, who heads operations for betting giant William Hill U.S. “I hope that signals a re-evaluation of what is obviously a mindset that does not comport with 21st Century reality.”
Right now all they’re selling at the sports bar at Monmouth are food and drinks. “This is an area with some of the most storied franchises in American sports where billions of dollars are already bet on sports illegally.”
. Depending on how a judge rules, it could soon become the first fully functioning — and fully legal — sports book in the country outside of Nevada.
There’s a brand new sports bar at Monmouth Park with televisions hanging from nearly every available rafter.
And the sharp guys from Vegas are poised, ready to jump in when they get the word.
“Obviously we read with great interest Commissioner Silver’s comments,” said Asher, whose company runs more than 100 locations in Nevada and 2,400 shops in the United Kingdom. They don’t understand that it’s a lot easier to monitor betting trends in legal books than with an illegal bookmaker operating out of a corner bar.
There are some signs that even that may be changing. It might even help rescue Atlantic City casinos that are struggling to attract customers in the wake of casino expansion around the country.
The NFL, meanwhile, holds games every year in London where there are betting parlors on every block offering a line on the action. Daily fantasy sports wagering is exploding online thanks to a loophole in the federal law, and looks very similar to sports betting.
Mostly empty now except on racing weekends at the horse track little more than an hour from Manhattan, it may not stay empty long. Chris Christie signed a bill into law approving sports betting, only to see it derailed in court because it conflicts with federal law.
Asher says that if sports betting is allowed in New Jersey it could dwarf the $3.6 billion that was wagered legally on sports last year in Nevada, opening up an entire new industry on the East Coast