Early English Premiership odds have Chelsea the favorite to win title
Smart punters will always place future bets with more than one bookmaker to increase odds of winning while reducing risk.
Miami Beach, Florida (PRWEB) July 19, 2005 -- Nearly all online bookmakers
list Chelsea as the favorite to win the English Premiership title this coming
season. Nevertheless, there are other teams competing to win it all and for
punters, this can translate into a significant windfall.
Case in point:
Future odds of Chelsea winning at three select online bookmakers run the gamut
of $65 to $90 payouts on a $100 bet. North American based www.sportsinteraction.com features the best payout odds,
listed as 1.90.
Savvy punters realize the importance of opening more than
one online wagering account for this very reason.
Shopping for lines
(odds) on English Premiership futures has its rewards. If one were to place a
$1000 bet on Chelsea at Sports Interaction verses a bookmaker that pays $65 on
$100, the payout at Sports Interaction should Chelsea win would amount to $900
as opposed to $650 at the other bookmaker.
But Sports Interaction's odds
on every English Premiership future do not always offer the best value when
compared with other bookmakers. Hence the reason why it is crucial to open more
than one betting account and place a different future bet at each as a means of
increasing payout potential.
Publicly traded online betting firm www.betgameday.com for
example lists Liverpool as a 20 to 1 favorite. This means that for every $100 a
punter puts down on Liverpool to win the championship, $2000 is paid out should
that club win. Sports Interaction pays out $1700 (a difference of $300, which
increases dramatically with each $100 bet). European-based William Hill - www.willhill.com - pays out
$1500. As you can clearly see, placing the bet at a company like BetGameDay.com
as opposed to a competing bookmaker could translate into upwards of $500 more in
winnings per every $100 bet.
Likewise, BetGameDay pays out $500 for every
$100 bet on either Arsenal or Man United while a more conservative William Hill
only pays out $400. This really adds up per $100 increment. Liverpool is listed
among the top four most likely teams to win a title at most online
bookmakers.
And then there are clubs like Tottenham Hotspur which, while
long shots to win a title, pay out an enormous windfall of nearly $15,000 on
every $100 bet should they actually win.
www.pinnaclesports.com
has Tottenham Hotspur listed among the top 5 most likely to win a championship,
though there is quite a difference in odds between that club and favored
Chelsea. Think in terms of a 6.5 earthquake on the Richter Scale versus a 7.0,
which is several hundred times more catastrophic, and the Totenham Hotspur vs
Chelsea comparison might be put in better perspective. Still, one can dream and
there is always that outside possibility.
"Future bets should always be
looked at as something fun to make the season more rewarding," commented
Christopher Costigan, President of Gambling911.com. "One should consider the
money they put down on a future bet as monies they can afford to lose since the
odds are so astronomical, and never in the punter's favor. But those same odds
are what make for a huge pay day in the event that one of the underdogs actually
does pull off an upset, and this happens regularly."
The Florida Marlins
paid some lucky gamblers over $100,000 two years ago even for bets placed mid
season on Major League Baseball. Should the red hot Washington Nationals win a
World Series this year, some lucky punter (perhaps a Washington DC loyalist)
could walk off with $25,000 or more on a $100 bet.
"Sure it is good to
have money on the favorites or small underdogs," Costigan elaborated. "But
Gambling911.com always recommends opening up more than one online betting
account in order to capitalize on the potential windfalls associated with
surprise teams. It only takes removing Chelsea, Man United and Arsenal from the
equation. Having a small amount of money on ten or more other teams at various
bookmakers across the board should result in a profit."
Consider this: A
$10 bet placed on Tottenham Hotspur would result in a $1500 pay out should they
win. That is not much of a risk.
Bookies and punters alike anticipate either
Chelsea, Man United or Arsenal to win a championship title, but that doesn't
necessarily mean it is going to happen and there are 17 other teams vying for
the championship.
There is also the option of placing small bets on
several teams (including Chelsea, Man United and Arsenal), which helps to lower
risk while increasing the chance of a rather nice payout.
If for example
a punter were to place $10 bets on 10 different teams, essentially the risk is
$100. Should Chelsea or any of the ten remaining teams the punter has not placed
money on win, then there is going to be a loss of $100 maximum. Arsenal and Man
United would help cushion the loss while a win by any one of your remaining 7
teams are going to result in profit.
Online bookmakers like
PinnacleSports.com, BetGameDay.com and SportsInteraction.com also provide added
incentives that most European-based bookmakers do not.
PinnacleSports.com
offers extremely competitive pricing on many sports including Soccer, featuring
the best lines anywhere on Soccer Handicaps, less than a ten point margin the
day of the match.
Companies like Sports Interaction and BetGameDay.com
add 10% to 20% cash bonuses to initial deposits up to a certain amount and
depending on the amount a punter opens his or her betting account
with.
These types of promotions are much more aggressive than your
typical European-based online bookmaker. Companies like BetGameDay also offer
"reload" bonuses (when someone adds money to their betting accounts). All
bonuses (promos) include some stipulations so punters should read the
requirements prior to joining. All bonuses feature some minimum "action"
(wagering activity) requirements.
Each of the above bookmakers, while
catering heavily to North American citizens, do invest extensively in European
marketing. These three bookmakers allow punters to bet in Euros and UK Pound
while offering simple deposit and withdrawal methods for European customers.
Credit cards and Moneybookers are just two of the money processing options
offered by the three.
You may fund your PinnacleSports.com account using
the following currencies: Australian Dollar, Canadian Dollar, Danish Krone,
Euro, Hong Kong Dollar, Japanese Yen, Malaysian Ringgit, New Zealand Dollar,
Norwegian Kroner, Pounds Sterling, Singapore Dollar, Swedish Krona, Thailand
Baht, Taiwan Dollar or United States Dollar.
BetGameDay.com and
SportsInteraction.com also offer funding with a number of currencies.
All
three of the above mentioned companies have been in business for over 8 years.
About Gambling911.com:
Gambling911.com is recognized as the
leader in online gambling and sports betting information around the world. As a
portal begun in 2000 dedicated exclusively to covering internet gambling,
Gambling911.com has since expanded into various other arenas that has led to a
tremendous surge in readership over the past year. Gambling911.com provides all
the latest celebrity betting props and exotic wagering opportunities. The web
site's founder and President, Christopher Costigan, participated in a panel
discussion at the highly regarded Bodog Poker and Sports Marketing Conference in
Las Vegas this July. Gambling911.com has been mentioned in/on the Miami Herald,
The Las Vegas Sun, The Hartford Courant, Fox 6 Milwaukee and many more fine
media outlets.
For more information visit www.gambling911.com
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Source : http://www.prweb.com/releases/2005/7/prweb263239.htm