Overcoming the Vig is the Secret to Making Money on Horse Racing Bets

The vig, short for vigorish, is the amount of money taken out of the pools at the track before the winners are paid. For instance, if the bettors wager a total of $10,000 to win in a race, there is a total of $10,000 in the win pool. However, when the race is over and the winners are paid, $10,000 isn’t the amount that gets distributed amongst the winners. It is far less because the track has to take out a certain amount that is determined by the state. That’s the vig.

Part of the money that is taken out is paid to the state and the rest is the track’s share. So let’s say that the vig is 18% and there is $10,000 in the pool. After the race you would expect $8,200 to be distributed among the winners, right? Sorry, it’s not that easy. You see, there is also breakage. What get’s broken and how come you have to pay for it? Why doesn’t the clumsy oaf who dropped it or sat on it and broke it pay for it?

No, no, breakage doesn’t mean something actually got broke, it means that race tracks pay out in nickels and dimes, not pennies, so they get to round a bet down to the nearest nickel or dime. For instance, if a bet would normally pay $6.55, the race track gets to keep the nickel and you get $6.50. Talk about being nickel and dimed!

That breakage may not seem like much, but if you bet $100 and would receive $4.05 for every two dollars bet, but instead receive $4.00, you’ve just donated $2.50 to the track so their tellers don’t have to deal with handling pennies. That’s another 2.5% out of your winnings, too. That $2.50 can really add up after a while, especially if you are trying to make a living by betting on the horse races.

As if overcoming the vig isn’t bad enough, there are other expenses involved in horse racing wagering. On the last day of January I decided to go the horse races. I wasn’t interested in the races at Santa Anita, so I decided to play the simulcasts from Golden Gate Fields. I figured I’d go to Hollywood Park since they didn’t have live racing there and it figured to be much less crowded.

However, what I didn’t take into account was the fact that it was dollar day at Santa Anita so I could have gotten in for $1. When I got to Hollywood, they charged me $7 just for the privilege of going in and watching and wagering on simulcast races. Seven bucks right off the top before I even made a bet or bought a hot dog.

It is at times like these that I ask myself why I don’t just go gamble in a casino where I can park and enter for free and also get a free meal after I’ve gambled for a few hours. $7 to bet on simulcast races? Then they have the nerve to complain because attendance at the races is declining. Gee I can’t figure out why, can you? The last time I went to Santa Anita, I had to pay to park, pay to get in, pay for a racing form. By the time I was done I had invested a small fortune and hadn’t even made a bet.

With all the ways there are to gamble or be entertained now, you would think the tracks would get a clue and start to help us horse players out. As money gets tighter, and it is, the tracks are really going to have to start being creative. Horse players can sit in their own homes now and play the races over the internet. While some of those services do charge you to deposit money, another sore subject with me, at least you are at home and not paying to get into a race track that isn’t even offering live racing.

Well enough of the ranting and raving, I think you get the idea and I hope the race tracks do, too. I’d hate to see racing fade any more than it already has but if it does, it will be because management dove it into the ground. They have a thrilling, live drama, that people can bet on and take part in as gamblers. It is a great product but they can ruin it if they don’t start trying to offer more to the players.

Back to the vig. My expenses for the day were the gas I put in my car to get to the track, the $7 I paid for the privilege of entering the track, the past performances I bought so I could handicap the races, the food I bought while I was at the track. By the time I was done, my expenses were $20. Add that to the breakage and vig and you can see that I would have to make some very good bets that paid well in order to make a profit that made a day of handicapping and travel worthwhile.

That is what you are up against if you are trying to make a profit from betting on horse races, so here is some advice. Cut your costs as much as you possibly can. Get the deals online for past performances. Place your wagers through whatever venue is legally available to you and watch all those incidental expenses that eat away your profit.

It is possible to make money from betting on horse races, but there will always be people who are trying to take as much of it away from you as they possibly can and the first ones standing in that line are the tracks themselves.

Enjoy your days at the races.

The Positive and Negative Effects of Addictions

Every individual has their own addiction whether it is an addiction over food and drinks, shopping, or even on prohibited drugs. Some people find it helpful for them to be addicted over something as the addiction helps in achieving their self-esteem, building self-confidence, and a way to relax their nerves. Some also get addicted over something because it is through their addiction wherein they could release their stress all out. The problem for them is, when they are hindered on doing their addiction, their anxiety level increases and thus causing them to become violent.

Addiction is classified into two, positive and negative addiction. A positive addiction is an addiction that is beneficial to oneself. Avery common example of positive addiction is exercise, living a healthy lifestyle and doing humanitarian acts. While for the negative addiction, it is an addiction wherein it is detrimental to the self such as shopping, taking drugs, compulsive eating, gambling, excessive drinking and a lot more. These forms of habits not only destroy the body but it also destroys the self.

In women, their most common form of addiction is shopping. Shopping over shoes, clothes and bags is a delight for women. For them, they find shopping as a form of stress reliever, an outlet of their anger and being in a depressing situation. The negative thing about shopping though is that some of the clothes or shoes or bags and whatever they shop for will no longer be used since it is no longer the fad or no longer fits them leading to putting bulk in the closet.

Another very common form of addiction that is present in both men and women is being an excessive drinker of alcoholic beverages. Occasionally drinking is not bad, it only becomes detrimental when it becomes a habit or is being practiced every single day. Many individuals love to drink alcoholic beverages because it is through drinking that they could release their hidden emotions. Some drink for the purpose of escaping reality and some to forget their problems. Whenever someone gets drunk, there is a feeling of euphoria and numbness all over the body that even the best stun gun will not work on him when you stun him. The stun gun effects are useless when you use them on individuals under the influence of alcohol or drugs.

Gambling when not controlled can become an addiction. Again, people gamble for entertainment purposes. Gambling becomes a problem when an individual seems to have no control and just keeps on wasting money on games of luck and chances. It is good to engage in activities like this but always bear in mind that once is enough if you want to spare money for the future of your family and yourself.

Compulsive eating and smoking are also addictions by many individuals almost in all parts of the world. Like any other forms of addiction, it also releases stress and anxiety and tends to give an individual pleasure. It is through eating wherein depressed people can pour out all their emotions either grief or anger and when not overcome, will become a habit. Smoking is probably one of the habits that are hard to break especially for those chain smokers. The only way to fully stay away from this is to slowly detach the self from smoking and learning to discipline the self.

We all just need to control ourselves in order for us not to become addicted over something. All we need is proper discipline and always bear in mind that there are a lot of good addictions in the world that will not harm our body and will provide us with a better future.

Are The Religious Right Being Misled By A Democrat?

Many people realize that most wars throughout history have been fought over religion. The reason why is because kingdoms can not have leaders unless they have support of the masses. Those leaders claimed to be led by the divine power of God where they were able to control the people with religion, even to fight unto death in fierce battles. Some of the worst atrocities of mankind have been committed in the name of God, including slavery. Thus a prospective leader who can capture the mind of the Church composed of millions of Americans, can be very dangerous. Moreover, the Church needs to always scrutinize the integrity and motives of the leaders they follow.

In the United States of America the Church is primarily divided in half with the religious right being composed of Bible believing Evangelicals and the religious left consisting of the Catholic and other religions. The religious right normally only votes for republicans and the religious left favor democrats. I belong to the religious right living in the Bible belt South of the Mason-Dixon line in Arkansas. U.S. President Donald J. Trump has been a democrat most of his life but is currently leading the religious right, probably being one of the most unrighteous men ever to lead this large religious group. Although the religious right very much dislike democrats and the religious left, they are currently being led by a former democrat and are not giving this matter much thought.

Recent media reports noted that top republicans were upset that President Trump had been rude to the billionaire Sheldon Adelson who is a major GOP campaign contributor. This displays how much power Sheldon Adelson has over the republicans who usually do not criticize Donald Trump. Both Sheldon Adelson and Donald Trump used to be democrats and made wealth with casinos. Gambling is considered a sin yet the religious right overlook the indiscretions of Donald Trump and his supporters.

Sheldon Adelson publicly stated that he converted from a democrat to a republican because of his greed. He stated that he wanted to break up the unions and the only way he could achieve that is by breaking up the blue dog democrats who support the unions. Sheldon Adelson is funding the republican party because he wants the GOP to ensnare democrats like Joe Biden and Barack Obama into a scandal or criminal charges to destroy the democratic party. In Las Vegas you almost can not get a job unless you join a union and casino owners like Sheldon Adelson and Donald Trump do not want to pay employees fair wages, they want most of the profits to themselves. They both may have joined the republican party to harness the religious right Church to accomplish those goals of economic slavery.

We all realize the power of the media to slant the news and the beliefs of their viewers. Sheldon Adelson bought media companies in Israel where he is in a position to sway the Church. President Donald Trump keeps trying to make peace treaties between Israel and Arab nations and Sheldon Adelson’s media companies no doubt distribute that information claiming the key words of “peace and safety” with Biblical meaning of end times. This may be a well organized conspiracy to capture the minds of the Church and use the Church to accomplish their goals. They appear to be manipulating the Church using them to obtain their goals of staying in power and for financial gain.

On social media I see members of the relgious right expressing disfavor towards the democrats. Yet the religious right are being led by a democrat who they formerly disliked, now turned republican. President Donald Trump is causing much trauma to our nation and the religious right loyally support him. It is possible President Trump is partly allowing Covid-19 to spread causing death to fellow Christians because he wants the mass unemployment to help break up the unions with financial oppression. If the unions are ever made defunct, the middle class will significantly shrink. Some members of the Church are claiming Donald Trump is of God. The Church should give thoughtful consideration of who they are allowing to lead them and what their true motives are, weighing both God and country.

Football – Soccer Betting Systems – A Sure Way To Make Money!

Football betting is now a huge industry and also a sure fire way to make a income, be it a secondary income or a primary one like mine.

I have specialised in football betting for 4 years now and would like to pass some insights onto you in this article. Football betting is now a global market. With the likes of figures like David Beckham taking the game afield and Manchester United visiting Asia the game is now more popular than ever worldwide. When something becomes popular the opportunity to make money in a number of ways presents itself.

The first rule when betting on football is to avoid standard bookmakers. They will price up a football match with a huge percentage in their favour. Placing your bets at a betting exchange gives you much better value for your money no matter what sort of bet you wish to make.

Avoid accumulator bets. These sporting bets have never made any sense to me whether in football, horseracing or golf. Why throw three winners down the drain for the sake of one loser?

Scorecast bets – trying to predict the correct score, time of goal, first or last goalscorer are just bread and butter for the bookmakers. They want as many of these bets as possible. The odds against you are huge and the odds paid out are small in relation to the true value. Football betting has seen a massive growth in this market, with all sorts of “special” bets appearing. Under no circumstances should you consider placing these bets.

Having narrowed things down you are now left with single, win, lose or draw bets placed at betting exchanges. Every day there are bets that leap out of the screen at me. I pick these off daily and make a fantastic tax free living. All it takes is a few minutes research and a good amount of discipline.

To learn more about football betting, or for any advice visit the site in my author resource and claim your FREE REPORT full of betting advice.

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