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The Kentucky Derby takes place every year on its traditional date of the first Saturday in May. This is a race that many people follow and try to handicap even if theyre not typically horse racing enthusiasts. Understanding race horses is hard work, and a discipline unto itself.

While understanding and predicting horse races is a very complex discipline, here are some basics that can help the amateur understand the Kentucky Derby. Back during the seventies, it was a race dominated by the favorite including three great Triple Crown winners”Secretariat, Seattle Slew and Affirmed”and a great horse that came close, Spectacular Bid. Since Spectacular Bid won the Derby in 1979, however, you can count the favorites who’ve won the race on one hand with fingers left over. If I was a serious horseplayer, I might not advise you to do this but since I’m just worried about predicting the outcome of this one race Im going to suggest that you forget about the favorite altogether. Not only will you not be flying in the face of recent history, but also it allows you to concentrate on the horses offering greater value.

There are a variety of theories behind the poor performance of favorites in the Kentucky Derby of late. One is that the hype surrounding the race has attracted so many mainstream fans who are prone to back the horse with the most media hype. Unfortunately, the most hyped horse is seldom the best horse.

Post position is also something that the horse racing neophyte should pay attention to. Obviously post position number 1 is an advantage relative to the outer ones, but it hasnt been a strong edge over the other inside positions. Twelve Derby winners have had the #1 position going into the race (the most of any position) but positions #4 and #5 have had ten winners each. In terms of percentages, positions #1 through #5 have yielded 49 winners (or just under 40%). On the other hand, the outermost positions (#11 through #20) have had just 16 winners (or just under 13%). It is important to note that theres not always that many horses in the race, which would obviously result in few higher posts winning. Still, concentrating on horses with favorable post positions is another way to pare down a field that you know little about.

Another factor worthy of consideration is the horses lineage and breeding. Start at the beginning”where the horse was born. Most, but not all, serious racehorses are born in Kentucky. If you see a horse in the race that wasnt, forget them. This is not any sort of home field advantage but a result of the concentration of the Thoroughbred horse industry in the state. Over 80% of Kentucky Derby winners have been born in Kentucky. Next, consider the horses gender, or more specifically dont consider any entry with a gender other than male. Only eleven horses other than intact males have ever won the race (eight geldings and three fillies). A gelding did win as recently as 2003, when Funny Cide took the roses but again for the newcomer this is an easy way to cut down the horses under consideration. This isnt a gender bias or anything, but for our purposes we can forget about non-male horses.

Also, take a look at dosage index numbers. For the novice, there’s no real reason to worry about what they mean or how they’re figured but the general rule of thumb is to look for a horse with a dosage index of 4.00 or less. Since 1984, over half of all Derby winners have fit this criteria.

For a more serious introduction to horse racing, check out the many books available on the subject at any large bookstore. For a casual fan who just follows the ‘big races’ these rules will help you get a decent grasp on the Kentucky Derby and understand who will win and why.

Ross Everett is a freelance sports writer and noted authority on sports betting odds comparison. He writing has appeared on a variety of sports sites including sports news and World Cup betting sites. He lives in Southern Nevada with three Jack Russell Terriers and an emu. He is currently working on an autobiography of former energy secretary Donald Hodell.

Betting preseason NFL games never fails to elicit an irreconcilable difference of opinion among sports betting enthusiasts. Some consider it a very poor wagering opportunity, while others maintain that there’s no better moneymaking opportunity in sports than pro football’s preseason. The truth is probably somewhere between the two extremes–NFL preseason betting must be approached with caution and discipline, but offers the potential to make a tidy profit before the regular season kicks off.

The opponent of preseason wagering would suggest that its a bad wagering opportunity by its very nature alone–simply stated, the games don’t count meaning that the motivation and focus of individual teams is always in question. It’s hard enough to identify teams that are in a desirable ‘spot’ during the regular season, the often conflicting agendas of personnel evaluation, playbook testing, and injury prevention found in the preseason makes it impossible. All told, this uncertainty makes it very undesirable to get financially involved with preseason NFL games.

The proponent of preseason wagering would argue that this is the very reason that good opportunities frequently arise during preseason. First, additional value is frequently found with the underdog in preseason games by their very nature. To explain, in a hypothetical matchup between a Superbowl champion and an also-ran the “better” team by regular season standards would invariably be favored. However, by virtue of their success the “better” teams have not only more ‘marquee names’ to protect, but also valued guys in the trenches who could cause big problems if injured. Frequently, they’ll have more depth and thus fewer personnel evaluation decisions to deal with. They’ll have no need to “create a winning attitude”, nor will they usually have wholesale changes in team composition, offensive or defensive strategy, or coaching philosophies to deal with. In short, the “better” teams often go into preseason situations with little to accomplish other than to get the games over with and stay healthy.

NFL ‘doormats’, meanwhile, have a markedly different agenda to their more successful counterparts. They’ve often got heated competition for starting positions or key back up roles. They’ve often got new coaching staffs that players want to impress. Most significantly, they’re in great need of establishing a winning attitude. A win against an elite team in a ‘meaningless’ preseason game often has a much greater value to this type of team than to a playoff contender.

Even teams that put a low priority on preseason games don’t want to lose them all. For this reason, a longterm winning situation has been to bet on teams that lose their first two preseason games outright. Over the past twenty years, 0-2 teams in this spot have produced a winning percentage right around 60%.

The philosophy of a NFL head coach is arguably the single most important factor contributing to preseason success. Some coaches always want to win, even if the games don’t count in the standings. Other coaches place a much greater importance on evaluating personnel and giving backups playing time they won’t have the opportunity to get during the regular season. The coaches that have a strong desire to win in the preseason often result in their team’s pointspreads being inflated somewhat, but a motivated team is always worth consideration for a wager.

The Internet has become a very valuable weapon in the NFL preseason handicapper’s arsenal. Simply following the local media reports of NFL teams can often produce a wealth of ‘mission critical’ betting information. The combination of anxious beat writers, little in the way of ‘real’ news, and a less guarded approach by coaches to games that ‘don’t count’ can often reveal game strategies, playing time for key personnel, or even a team’s specific agenda for a particular game. Sometime coaches will come right out and say that evaluating a certain position, or working on a specific offensive scheme is their top priority for a game. It’s a great way to find not only good teams to bet on, but strong situations to go against teams that are focused on something other than outscoring their opponent.

The bottom line is that while the NFL preseason does offer some solid moneymaking opportunities, its not a ‘free cash grab’. It’s best viewed as an opportunity to grind out a small profit, but as always its essential to maintain the same degree of discipline in handicapping and money management as at any other time during the pro football season.

Ross Everett is a widely published freelance writer who covers travel, casino gambling and sports handicapping. He is a consulting handicapper for Anatta Sports where he is responsible for providing daily free sports picks. In his spare time he enjoys fine dining, flower arranging and deep sea diving. He lives in Las Vegas with four dogs and a pet coyote.

Betting on sports ‘futures’ is an enjoyable and potentially profitable way to wager, but there are several potential risks that can lead to losses. Here’s a rundown of things to avoid:

You gotta shop around: More specifically, you have to ‘shop points’ just as you would with a straight bet. This is crucial in all forms of sports betting but particularly key with futures wagers. There are often greater variances in the prices from book to book on future plays than any other type of wagering proposition. The reason for this is simple–most books are less concern with what the ‘other guys’ are doing as they are with keeping their own position ‘in balance’. All in all, the sports betting marketplace just doesn’t react as quickly to changing futures prices as it does to individual game lines.

Don’t try to pick the winner in a competitive marketplace: This may sound sort of counter intuitive since the general idea of betting on futures is to determine the actual winner but it’s really not. Like everything else, its essential to always be mindful of the value you’re getting. In a futures market with several legitimate contenders at the top the price offered is seldom high enough to properly compensate for the risk you’re assuming. Here’s an example: in a hypothetical NCAA hoops tournament Duke is +200 to win the national championship. They’ve certainly got a shot, but at a payback of only 2/1 its hard to justify a wager at this point with the potential for so many interceding events that can make a championship more problematic. Such events as injuries, a tough tournament draw or even just going into a slump at the wrong time can happen to any team but when you bet a higher priced team–a ‘dark horse mid major at 15/1 for example–you’re getting “compensation” for assuming the “risks” of betting on a proposition with so many unknown variables.

In more theoretical terms, the ‘true odds’ of a Duke or similar top team winning the tournament are almost always higher than the price offered. Think of it this way–say we’re betting Duke to win the national title at 2/1. This means that the Blue Devils would have to win more than 33% of the time to break even. So lets say, for the sake of argument, that we could play the tournament over 100 times. Would Duke come out on top more than 33 of these times? If not, they represent a poor value. Let’s say that they win 30 of 100 times. This means that any price under +333 or thereabouts is a poor wagering value.

Note that the more competitive the market, the more difficult it is to find good value on the favorites. Since you can make a case for quite a few teams to win the NCAA tournament at this point this particular futures market is clearly a very competitive one. In a less competitive marketplace it might be possible to “pick the winner” and have it be a good value though you will pay a price for this. Here’s a (thankfully) hypothetical example: let’s say the UFC decided to hold a one night round robin tournament with 5 competitors. Competitor #1 would be heavyweight champion Brock Lesnar. The other four competitors would be professional figure skaters Elvis Stojko, Rudy Gallindo, Brian Boitano and Evgeni Plushinko. Even if he didn’t bring his “A game”, Lesnar would be essentially have a 100% certainty of beating the four untrained fighters, who also happen to be rather effeminate. If a sportsbook installed Lesnar as a -1000 favorite a bet on the 63 265 pound takedown would still be theoretically a good value. It’s always difficult to risk so much to win a little, but from a strictly theoretical standpoint its a good play.

Don’t try to make a huge profit with little risk: Sports betting provides few opportunities to make a ‘big killing’. It may happen occasionally, but even the big payouts when it occurs doesn’t make chasing big longshots a good value. If you’re serious about sports betting it is crucial to maintain your focus on the underlying numbers and look for value at all times. If you want to take a longshot at a huge jackpot, play the lottery but don’t try to do it at a sportsbook.

Simply stated, the concept of value works the same at the bottom of the wagering ladder as it does at the top. Even if you’re betting a big underdog at a huge price make sure that it accurately reflects the ‘true odds’ of the event occurring.

Don’t bet one-sided futures or propositions: Though many of these are not futures per se, a lot of sportsbooks offer silly propositions on nonsport events as a way to get publicity, or just to be funny. Its important to make a distinction between this type of silly bet and more realistic nonsport propositions which frequently present good wagering value. Im talking the really outlandish stuff here. Not too long ago, a sportsbook posted a line on Martians landing on earth and painting the White House red by the end of the year. The “YES” was +2500 or thereabouts, which is far from reflective of the “true odds” of this unlikely event. Even if you’re the type that collects classic Art Bell shows on tape and believes in UFOs you wouldn’t place the probability of this happening at more than a fraction of a percent. The book only offered the “YES” side of the proposition, meaning that you couldn’t lay even a huge price on the more likely outcome. Another book had a futures offering for what would happen first with Ashton Kutcher, Demi Moore and Bruce Willis. All of the options were very unlikely–Ashton and Bruce fighting on PPV and my favorite–and the longest odds–Ashton, Bruce and Demi hopping in bed together and releasing a porno video documenting the event. You’d receive a sizable payback if any of the events ever transpired, but I’m not exactly sure how to compute the “true odds” on “when pigs fly.

Ross Everett is a widely published freelance writer and respected authority on sports betting odds comparison. He writing has appeared on a variety of sports sites including sports news and sportsbook directory sites. He lives in Las Vegas, Nevada with three Jack Russell Terriers and a kangaroo. He is currently working on an autobiography of former interior secretary James Watt.

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