Sports Book Rules - Las Vegas Sports Betting Rules by Doc's Sports. When unforeseen events occur such as weather, power outages, or any other unanticipated event once the game has started, many. Football For wagering purposes, a football game (NFL or college) becomes official after fifty-five (55) minutes of play. Games lasting under 55 minutes constitute 'No Action' or 'Push/Cancel' and all money is refunded. Wagering on the game period spread, moneyline, or total (over/under) include any overtime scoring.

This is the first in a series of articles on the 7 golden rules, first, an overview.

1. Understand the concept of value

This is the first and most critical factor! If you don’t have this, just walk away and leave betting to other people. Sure you might be certain that a 1.33 favorite is going to win, but are the odds being offered giving any value? Plenty of times casual gamblers say “There’s no way this team is going to lose this game.” Well they might be legitimate favorites but is the probability of them winning better than the odds being offered? Betting with this frame of mind is a little like saying an over-priced €1000 laptop was good value just because you really, really wanted it. Well it doesn’t work like that!

Value is a simple concept, but most of the betting public don’t understand this as it gets. Perhaps thankfully so, because it’s this naive or ‘square’ money that can skew the market, leaving great opportunities for the minority of gamblers who do know how to recognize value.

2. Possess basic math skills

If you’ve ever said the phrase “I’m not a maths guy but….”, then you probably shouldn’t be a betting guy either. While plenty of gamblers can make a success of it by betting on instinct and ‘feel’, to be successful long term you need a reliable staking plan and you need to understand what the odds reflect in terms of probability. In short, its a numbers game, and you need an adequate relationship with division and multiplication as a minimum.

If you think your math skills aren’t that great but want to bet anyway, learn how to use a spreadsheet and set up systems that automate odds equations for you, you’d be surprised how much time a good spreadsheet will save you.

3. Learn how the bookmakers set the odds

This depends upon the popularity of the event, but in general, bookmaker odds will be more a reflection of what they expect the general public to play, rather than on the actual probabilities of either outcome. Of course, it’s not quite that simple, but in general, bookmakers will set their odds so as to attract betting on either side of the odds, so as to balance their liability and take their commission.

This leaves smart gamblers to find great value opportunities where the general public’s opinion is just plain wrong. It also means that great value can be found on events where there is expected to be greater interest than normal by the occasional and casual gambler, who lets be honest, knows nothing or very little in terms of profitable betting strategy. Events like the Super Bowl, Cup finals and major horse racing events are prime candidates for this sort of opportunity.

[block]2[/block]4. Learn to forget the past and keep celebrations short

Don’t let a recent losing run throw you off your game. Put it out of your mind and stay with your analysis and have faith that the wheel will turn. Similarly, don’t let a recent winning streak give you false courage and lead you to over extend yourself. Again, stay with your analysis and stick with your plan. Got it? Let’s move to next one!

5. Learn not to go for the big score

Multi-bets, Parlays, Teasers. Whatever you like to call them, do not bet them. EVER. Sure they offer the promise of the big score, the big pay day, but in terms of value, they are terrible. You’re never going to win long term with that sort of slice being gouged out of your odds. Stick with single bets and think long term.

[block]3[/block]6. Possess a long term mindset

It would be great to get rich quick, but its not going to happen. Think long term. Build your betting bankroll, steadily increase the amount you bet on each game, and soon enough you’ll find you’re making some decent pocket money on the side, and maybe, just maybe, if you stick with it long enough, you can make a living wage out of it.

7. Build a reasonable bankroll

If you want to make money, you need to start with a betting bankroll capable of absorbing potential losses. If you’re going to bet in units, with an average bet of 1 unit, I would recommend a bankroll of at least 50 units. That’s the minimum. OK, so maybe you can only afford a bankroll of €500, which means your average unit will be 10€. Sounds small time I know and you want to be a high roller as soon as possible. Well, a €500 bankroll can quickly turn into a substantial amount with consistent value recognition and an intelligent staking plan.

Sports Book Rules - Las Vegas Sports Betting Rules
by Doc's Sports

When unforeseen events occur such as weather, power outages, or any other unanticipated event once the game has started, many people wonder how that will affect the wager. If an event has not started, all wagers should have no action and be refunded. But if the event has started and is interrupted and not completed it gets a little more complicated. The following will examine the special rules for each sport and give you a better idea of what to expect should the event not be completed on the same night. Always check with your book to know any special rules that may apply but according to the letter of the law: the following is how each event should be interpreted.

If you are looking for winning picks and predictions to help increase your sports betting profits you can view free expert picks on the six expert handicapper pages listed on our left sidebar in the 'Advisory Board' section. Doc's Sports has been recognized as a leader and trusted name in sports betting picks since 1971.

Standard Las Vegas Rules apply for any rules not mentioned here.

Football Betting Rules:

1. For a wager to have action, a football game becomes official after fifty-five minutes of play.
2. Games lasting under 55 minutes constitute 'No Action' and all money is refunded.
3. Wagering on the game point spread, money line, or totals include any overtime scoring.
4. Second half wagering includes any overtime scores.

Baseball Betting Rules:

1. For a wager to have action, a baseball game becomes official for sides plays (money line) after 4 ½ innings if home team is winning, or 5 innings if visiting team is winning.
2. If a game is cancelled or suspended, the winner is determined by the score after the last full inning (unless the home team scores to tie, or takes the lead in the bottom half of the inning, in which case the winner is determined by the score at the time the game is called).
3. Money will be refunded if the home team ties the game, and the game is then suspended.
4. Events must be completed on the same day to have action.
5. For totals or run line plays, a baseball game becomes official after 8 1/2 innings if home team is winning, or 9 innings if visiting team is winning. If the event does not go 9 innings (8 ½ if the home team is winning), all totals and run lines are refunded.
6. If a game goes past 9 innings and is not completed because of rain, curfew, etc, there is action on game total and run line wagers. These will be graded based on the current score.

Tennessee Sports Betting Rules

Basketball Betting Rules:

1. For a wager to have action, a basketball game becomes official after forty-three minutes of play for NBA, and thirty-five minutes of play for college.
2. Games going under the official time constitute 'No Action' and all money is refunded.
3. Wagering on the game point spread, money line, or totals include any overtime scoring.
4. Second half wagers includes any overtime scores.

Hockey Betting Rules:

1. For a wager to have action, a hockey game becomes official after fifty-five minutes of play.
2. Games lasting under official time constitute 'No Action' and all money is refunded.
3. Games must take place on the site and date scheduled or all money is refunded.
4. Overtime scores and shootouts are included in all wagers unless specified.

Boxing Betting Rules:

1. If you wager on a boxer, and the bout ends in a draw and there is no draw option, the wager is 'No Action' and all bets are refunded. If there is a draw option and the fight ends in a draw, then all wagers on the fighters will be settled as a loss, and the wagers on the draw will be deemed a winner.

Golf Betting Rules:

Single day matchups are wagers on the complete 18-holes for that day. Holes played as part of a completion from the previous day's round, and playoff holes are not included in Single Day matchups. The full 18 holes will be considered in determining the outcome of the bet even if they are played on consecutive days. If both members of the matchup do not complete the full 18 holes, all bets are 'No Action'. If both players end the 18 holes in a tie, the bet is considered a 'No Action' wager.

Soccer Betting Rules:

You have three choices for the three betting options: Home, Away, or Draw (tie). The result of the game is decided after regulation play (90 minutes plus injury time). Overtime, the Golden Goal rule, and penalty kicks are not taken into consideration for soccer bets unless otherwise stipulated. You can usually bet on a winner or advancement (including OT & shootouts) but with different odds would be given.

Tennis Betting Rules:

For tennis betting, two full sets must be completed for wagers to stand. If fewer than two sets are completed all wagers will be refunded. Bets will stand regardless once the match has started even if the venue or date changes. If a player retires (injury) during the match and two sets are completed that player will be considered the loser.

Nascar Betting Rules:

Sport Betting Free

Hulu Sport Betting Rules

When wagering on a driver matchup, both drivers involved must start the race (cross the finish line) otherwise the wager is 'No Action' and the money is refunded. In a case where the starting driver is replaced during the race with another driver from the same team (same car), the position the new driver finishes in will be awarded to the original driver. This holds for wagering on win odds and driver matchups.

Sports Betting Rules Baseball

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