40 posts tagged with betting.
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What's the difference between a betting exchange and a regular bookie?

I'm a part time UK resident, very unfamiliar with the gambling world, trying to understand what a company like Betfair is and what it does.
posted by Morpeth on Nov 9, 2016 - 6 answers

Horse racing terminology questions

I’m translating, into English, some slogans to do with gambling on the horses, and I find I need some new terminology. [more inside]
posted by zadcat on Apr 12, 2016 - 14 answers

Economics of underground fights in the movies

Lots of movies feature fights where the hero is fighting in some underground type of pit-fighter place. (Opening of Rambo III is a perfect example) Invariably, there are shouting crowds betting on the fight, all waving around wads of cash. My question: who are they betting with? [more inside]
posted by cosmicbandito on Jan 22, 2016 - 8 answers

The Hugo Awards: what are the odds?

I thought bookmakers would take bets on just about anything, bookish competitions included—Ladbrokes has Haruki Murakami at 6:1 for this year's Nobel Prize for Literature—but I'm not finding anyone offering odds on this weekend's Hugo Awards. Are there any "official" odds on the Hugos? And if not, why not? [more inside]
posted by mumkin on Aug 15, 2014 - 3 answers

Cubs win World Series? ...Against Miami?

According to Back to the Future II, the Chicago Cubs will win the World Series in the distant future of 2015. If a meme started up and caused an inordinate number of people to jokingly/ironically bet on the Cubs next season, would that affect their odds? [more inside]
posted by TheSecretDecoderRing on Mar 9, 2014 - 2 answers

A bit of a flutter!

I'm in London again, and having a whale of a time thanks to all the advice I garnered last year. One new thing I want to try this time is having a little flutter-I want to place a small bet on something. I don't expect to win, but would like to know how to bet intelligently so as to improve the odds. [more inside]
posted by L'Estrange Fruit on Sep 15, 2013 - 6 answers

What are the odds?

Math/probability not sports: I am not a gambler, but I am trying out a method of betting on sports with some initial success. At what point can I use the numbers to confidently assume that this is down to the system rather than luck? [more inside]
posted by cincinnatus c on Sep 19, 2012 - 4 answers

Can I Legally Bet on March Madness?

Sports betting in the USA, specifically March Madness, is it legal? [more inside]
posted by Talez on Mar 12, 2012 - 8 answers

I'd like to make legal bets on top tier little league games. Forget whether it's ethical - is it POSSIBLE?

Is there any legal sportsbook/casino that takes bets on the little league world series? [more inside]
posted by rileyray3000 on Aug 22, 2011 - 2 answers

How do Vegas oddsmakers make their odds?

How do Vegas oddsmakers make their odds? [more inside]
posted by malhouse on Aug 1, 2011 - 8 answers

Why go to harness races?

Who goes to harness racing (a.k.a. horse buggies, trotters), and why? A friend compared it to speed walking, lots of activity but still pretty darned slow. Is it simply something else to bet on or is there something wonderful or at least interesting about the sport that I'm missing? [more inside]
posted by brynnwood on Jul 4, 2011 - 16 answers

Recommendation for horse race betting?

My husband wants to try his hand at betting on horse racing again, something he used to do many years ago with some success. Any recommendations as to the best website(s) for doing same? Primarily interested in European races.
posted by Tullyogallaghan on Jun 4, 2011 - 9 answers

And the winner is...

My friend is holding her annual Oscar betting pool. Last year I got fewer picks right statistically than if I had just chosen randomly. How do I win this year's Oscar pool? [more inside]
posted by JimmyJames on Feb 24, 2011 - 12 answers


Tomorrow, Zenyatta will attempt to win her 20th and final race at Churchill Downs. I am not a gambler, but would like to place some bets to make watching the race more fun. Of course, I wouldn't mind winning some money, too. I'm hoping someone here can give me some strategy tips based on these odds. A friend has suggested placing 12 exacta bets on Zenyatta to win and each of the others to place. The assumption I'm making is that she will indeed win.
posted by Shike on Nov 5, 2010 - 5 answers

European Soccer Bettiing

I want to bet on European soccer. Premiership, Champions League, etc..... can I legally do that from the US? I emailed a UK based betting site and they said "no" as it was a "grey area". Don't want to get busted but want to have a little fun.
posted by philad on Aug 26, 2010 - 4 answers

How to access and license sports betting odds?

There are a number of websites that show the odds and (if I'm using the term right), the "lines" for various sporting events that physical and online casinos offer (linking would be spammy, but a quick search of "vegas odds" or some such thing will turn them up). My question is how do the site owners obtain the data from the casinos? I have to imagine the data is provided subject to a license agreement (and I would expect there to be some sort of schema to prevent sudden changes to the format of the data presented). How would one go about getting access to the feed of the odds and the payout ratios (?) from one or more casinos without getting rampaged by hoards of angry lawyers? Contacting the casinos has, unsurprisingly, proven fruitless given the difficulty explaining what I'm looking for to a non-technical support representative ("So you want to know how to gamble online?"). NB: I've never bet on sports, so apologies if my lingo is off. I appreciate any help and guidance!
posted by Imhotep is Invisible on Jun 22, 2010 - 8 answers

How can someone guess the betting lines for a sporting event?

How does one guess sports betting odds, or determine at what point to place a bet on a sporting event? [more inside]
posted by reenum on Apr 6, 2010 - 9 answers

I'll bet you don't know the answer

Is a recovered onside kick such as at the beginning of the 2nd half of tonight's Super Bowl when the ball is touched by the receiving team before it travels 10 yards but not recovered by them considered a turnover by the receiving team? [more inside]
posted by JohnnyGunn on Feb 7, 2010 - 18 answers

What do I root for in this Superbowl bet?

Based on my Superbowl bet, what should I be hoping for? [more inside]
posted by ODiV on Jan 28, 2009 - 24 answers

Help setting up an office pool

I would like to start on office pool on a number of questions, like "How long until our boss quits?", "Who will be the next President?" and other questions. Can anyone think of a free on-line tool to set this up?
posted by jestonb on Sep 25, 2008 - 6 answers

Obama assassination : 1 in 55?

Does the fact that the betting markets still give Hillary Clinton a 1 in 55 chance of being President in 2008, mean that that is a reasonable estimate of the chance that Obama is assassinated before the election? What else could justify those odds now?
posted by zaebiz on Sep 1, 2008 - 14 answers

What happened to Wired's professional bettors?

Remember this Wired article about "computer teams" analyzing horse races in Asia? What became of that? Were the theories sound? What exactly were they doing? Are there any other articles, academic or otherwise, about modeling horse races? [more inside]
posted by geoff. on Aug 20, 2008 - 5 answers

What was the payout on this wager?

Belmont Stakes question: What was the payout on a 2 dollar exacta box (24 dollar total wager because the box had four horses) that included Da'Tara and Denis of Cork?
posted by zembla3 on Jun 7, 2008 - 2 answers

If gambling were legal, I'd do this with money at stake.

I like playing in sports-related picking contests with friends. In the fall, I play in a football pool in which each participant picks every NFL game against the spread, and the winner is the person who has the most correct picks over the entire season. Right now, I'm in a couple of NCAA basketball pools. What other contests like these can I organize? [more inside]
posted by Dec One on Apr 2, 2008 - 10 answers

I'll bet you ____ that ____

Looking for some ideas for sporting-team-related-bets - I'm a Red Sox fan, coworker is a Yankees fan, and we're looking for ideas for both bets (e.g., Which team wins more games) and payoffs (e.g., loser has to wear opposing team's jersey to work for a day) [more inside]
posted by um_maverick on Mar 13, 2008 - 7 answers

I'd Wager that A Lot of Money Was Bet on March Madness

Sports Betting Filter: How can I determine approximately how much money was bet on the NCAA (men's basketball) tournament last year and where that ranks on the most gambled-upon sporting events of the year? [more inside]
posted by sjuhawk31 on Feb 29, 2008 - 5 answers

Are there any good scoring systems for running a NCAA bracket pool?

MarchMadnessFilter: Are there any good scoring systems for running a NCAA bracket pool? [more inside]
posted by zacharyseibert on Mar 14, 2007 - 10 answers

Mathematicial inefficiencies of sports betting markets

Mathematicians, I've always suspected there is a real opportunity to exploit the inefficiencies of the online sports betting markets and amateur bettors and make serious money. Have you felt the same way or am I kidding myself? [more inside]
posted by vizsla on Dec 17, 2006 - 7 answers

Greyhound tracks near TO?

Where can we go greyhound racing in or near Toronto, Ontario? [more inside]
posted by jamesonandwater on Oct 14, 2006 - 5 answers

OK, so is this guy magic, or what?

I need a little help figuring out the odds of a baseball pool scenario actually occurring. (And correctly constructing this question, it looks like). [more inside]
posted by nevercalm on Sep 7, 2006 - 18 answers

How to interpret online betting odds

How do I interpret the odds at Tradesports.com? [more inside]
posted by VillageLion on Aug 10, 2006 - 2 answers

TradeSports.com Legal in America?

Is it against the law for US citizens or residents to trade on overseas futures markets such as TradeSports.com? [more inside]
posted by sebrenner on Jun 16, 2006 - 1 answer

How do you use the OTB?

Help me use the Off Track Betting facility. [more inside]
posted by miniape on Apr 19, 2006 - 3 answers

"shading lines" what does it mean?

what does "shading lines" mean in terms of sportsbooks and sports betting?
posted by specialk420 on Oct 17, 2005 - 4 answers

Betting Tips

Even with the big March event coming up, this is a hypothetical question. In a state like California, is there a legal way to bet on sports? Also, are there grey areas in betting, such as internet betting?
posted by jonah on Mar 13, 2005 - 4 answers

Fix my betting system.

What's the flaw in this horse racing betting system? [MI] [more inside]
posted by Dreamghost on Dec 16, 2004 - 41 answers

Why gamble?

For gamblers, what's the attraction? [more inside] [more inside]
posted by jonmc on Nov 15, 2004 - 33 answers

Is there any way to wager on a Presidential or Congressional election?

Is there any way (legally or otherwise) to actually wager on an upcoming Presidential or Congressional election [mo inside]. [more inside]
posted by goethean on Aug 18, 2004 - 7 answers

Show me some edges in horseracing.

Any horse handicappers here? What are your favorite techniques? Which race
do you tend to zero in on? What sort of betting strategy or angles do you employ? Do you parlay? hedge? do straight tickets? dabble in the exotics? play it ultra-conservative? do birthdates? [more inside]
posted by RavinDave on Jul 6, 2004 - 1 answer

Recommend a site for gambling on the Kentucky Derby.

Can anyone recommend a good gambling website in order to bet on the Kentucky Derby? [more inside] [more inside]
posted by rorycberger on Apr 27, 2004 - 10 answers

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