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5000-to-won: Leicester City win the Premier League

What is said to be the biggest underdog victory in sports history was finally complete on Monday, with Tottenham collapsing in the second half to draw Chelsea 2-2. The 5000-to-1 pre-season Leicester City managed to claim the championship of England in only 36 games.

All of the bloggers are rushing to get down their hot takes as soon as possible. I want to take a very quick view of this just to make sure everyone understands how big of an upset this was. I hate cross-sport comparisons, especially when it comes to gambling, but I am going to break my rule just this once.

The Arizona Coyotes had the longest odds to win the 2015-16 NHL season at at price of 150/1. While the NHL does have more teams than the Premier League, there is a lot more parity. When we see a weaker team defeat a stronger team in hockey, people typically do not lose their minds. When a team that is expected to be in the relegation table defeats a Champions and Europa League squad, people take notice. And when they do it consistently every week, magic happens.

You will notice that a lot of the big media who have all of a sudden decided to start covering sportsbetting are noting that this is the biggest single-event loss in sports history for bookmakers. Some English shops recording having to payout over 3-million in British Pounds. What nobody will tell you is how much of a handle they pulled on the bets on every other team. Nobody is going out of business over the result of the 2015-16 season, and any hyperbole comments made by bookmakers is purely for show.

Was it the biggest pre-season win in history? Absolutely. But if we account for all situations, the 2006 Cardinals have something to say about it. 

Unit Sizing Made Easy

Unit sizing made easy

Understanding how much money you should be betting is a crucial part to successful sportsbetting. Wagering too large will lead to the draining of your funds, and wagering too small can leave you not taking it serious enough. They wrote a fairy tale about that… Goldilocks. I could make a bad pun but I figure we should get on with the article.

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Defining your bankroll

The best way to define one’s bankroll is the money you have set aside strictly for gambling. You never want to develop the habit of betting with money you cannot afford to lose.  Not only is this dangerous for obvious reasons, but it also affects the way you will approach the work you put in. Individuals who wager amounts of money that scare them will be more inclined to deviate from proper procedure in order to bet on events they believe are easier to digest. This will typically lead to a higher percentage of wagers on the favorite for spread-betting, and on the over for total-betting. It is crucial to stick with a well-defined approach in order to become a successful sportsbettor, thus eliminating these obstacles early on in your career will be preferential.

Everybody has different expenses. I have always been a firm believer that you should always have at least one-years worth of expenses saved in your bank account in the event that issues arise with your employment. Account for rent/mortgage, utilities, groceries, transportation, leisure, and other recurring payments, as well as maintaining a small emergency fund. After you have accounted for a year’s worth of iterations, you will be able to set aside your gambling funds.

You will not be putting all of this money in your sportsbook account at once! I personally recommend keeping 5-10% of your balance in each of your betting site accounts. For the remaining funds, I highly recommend opening up a separate checking account with your bank. It might seem silly and trivial to some, but the small monthly fee will be absolutely worth developing proper betting habits. 

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The Beginner’s Approach

There are two distinct ways of deciding how much money you should be risking on your wagers. Both of these approaches are fine, and while I will call label one as beginner and the other as advanced, preference between them will be determined by your betting style. The first approach that we will be looking at is for individuals who are not using math models to make their picks. This will evidently include all newcomers, as well as some experienced gamblers as well.

If you do a quick search online, you will find that most people recommend risking 1-5% of your bankroll on your wagers. I could not disagree more. I have a hard time believing that someone who is not mathematically calculating their edge can be confident enough to say they believe one play has five-times the market value over another. If this were the case, you are either lying having too low standards for your minimum play. Stay far away from the people who suggest thing.

Instead, we recommend a much simpler system. Risk 1% each game. No more, no less. This means that if you have allocated $10,000 into your bankroll (via the method described in the previous section), then you will be betting $100 per game. Now this does not seem sexy, and the temptation to wager larger amounts on markets you believe can’t lose will be present. Believe me, I get it. But for someone starting off who does not understand yet fully understand the betting markets it is far too dangerous to trust yourself to grade one edge multiple-times greater than another.

As you become more knowledgable, you can increase your range to a maximum of 2%. Every gambler I’ve ever known has wanted to increase their betting size after their first winning week. I would suggest no deviations from the 1% system until you have completed a full season of wagering for a given sport. 

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A Quick Lesson On Edge

I will go into far greater detail on market advantage in other articles. The beginner’s approach is generally for individuals who make their picks without using projections that yield actual numerical quantification for what your edge is. To describe things in a few sentences, the lines you can bet on at your sportsbook are not directly based on probability of occurrence. They are skewed based on perception. If you were to line a game “fairly”, so that both teams cover the spread as close to 50% of the time as possible, or the total comes in evenly to each side. Bets would obviously not come in evenly, as the vast majority of people would favor one side of a market over another even if both had a 50% chance of winning.

Now if they knew that more than 50% of people would be betting on a market that would hit 50% of the time, then they could theoretically make that side of the game worse to bet on. This will allow them to control how many people are betting on each side of a game. Now by favoring that team by more, or modifying the total, they will be able to reduce the amount of people taking a certain side of a market, as well as giving them worse expected value (since they are receiving the same payout, but with a worse win percentage).

Now while one of the biggest misconceptions amongst beginners is that games are set based on probability (which I have de-bunked), it is also a large misconception amongst “people-who-know-what-they-are-talking-about” that sportsbooks set their lines to attract an even amount of action to both sides of the game all the time. While there are times when a sportsbook will do this, you absolutely cannot rule out the possibility of a sportsbook taking a position on a game. If they could get a large portion of the bets on the side of a game that is at a disadvantage (so a team favored by more points than they should be), then they will gladly take that on instead of aiming for a full balance.

All of this to say that when you identify that there is a margin between 

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The Advanced Approach

This approach is generally recommended for individuals who use math models to calculate their edge. This means that you use all of the stats and numbers available to you to attempt to compute what the true winning percentages, spreads, and totals of all games are. Then you will compare the prices of the current betting markets (what you can wager on at the sportsbook). Those with the biggest discrepancies are the ones you need to bet on.

The difference between the beginner and the advanced approach is that the beginner simply attempted to identify which market sides had an advantage, and wagered a fixed amount with each one. Now that we have a numerical system that tells us if one game has more of an advantage of another, we can justify making larger bets.

This introduces the Kelly Criterion. A calculation method that tells you how much of your bankroll you should risk for a given market edge. The reason I do not recommend beginners do this is because an incorrect edge calculation can request for a large risk. Improper work will lead to your bankroll’s demise. Here is the formula taken from Wikipedia:

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Is Sportsbetting Legal in the United States?

Is Sportsbetting Legal in the United States?

This is the most common question I receive on Twitter. The short answer is that the only state where gambling is regulated is Nevada. The long answer is that Americans from every other state can still safely bet online with sportsbooks located in countries where gambling is legal (mainly Costa Rica). I will go into more details below, but for those of you who want a quick answer, you will not get in any trouble gambling in the United States.

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Is there any danger with offshore betting?

Tens of thousands of Americans wager using offshore betting sites each day. While 

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Are Offshore Betting Sites Trustworthy?

While the majority of offshore sportsbooks run a clean operation, it is important to check the reviews for the betting sites that you are considering. This is why sites like AmericanBetting exist; to provide an honest and unbiased breakdown of every offshore sportsbook. While some are better than others, you will never have trouble getting your money 

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How will deposits appear on your credit card statement

All credit card transaction statements that appear on your bill will be discrete. This means that it will not show up as an online betting site, but rather as if you purchased goods from a company. Since offshore sportsbooks use third-party payment processors

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How do I get paid?

The most common payment method with offshore betting sites is via check. These can arrive in anywhere from three days to three weeks depending on the type shipping you request. All checks come via anonymous FedEx packages. The checks will typically come from a Canadian or European bank. Similar to the shipping package, these will also have no indication that you are receiving funds from an offshore betting site. There will typically be a brief hold on your funds, but you will not have a problem depositing them into your bank account.

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Sportsbetting.ag Review

Sportsbetting.ag is a high-quality American betting site that accepts customers from the United States. They are a sister-site of the popular sportsbook BetOnline. In our Sportsbetting review we will discuss everything you need to know in order to decide if this is the best American betting site for you. We will be taking a look at signup bonus, deposit methods, payout time, betting markets, and quality of odds.

 

Sportsbetting Review

Sportsbetting.ag can be used by anyone in the United States. Residents of all 50 states can safely use this sportsbook because their offices are located in a country that has legal and regulated online gambling. It takes under 5 minutes to get started with an account when you join using our exclusive Sportsbetting.ag review promo link.

sportsbetting review

Best Sportsbetting Bonus

We have spoken with the Sportsbetting.ag rewards department in order to get you the best available signup bonus for December 2021. Right now they are offering new customers who join through our exclusive promo link a 25% first deposit bonus up to $1000, a $50 mobile betting free play, and a $25 livebetting free play. On top of this, Sportsbetting give their new customers hundreds in poker and casino rewards. This is one of the largest packages of sign-up rewards offered in the American betting industry. You can get all of these bonuses by using our exclusive promo link when you go to create your account.  We automatically check every few hours to make sure this is the best available signup bonus. Regardless of when you are reading this review, you will be guaranteed to get their best sign-up offer with that link. No promo codes needed! Simply use the button below or click here when you go to create your account to get the best available bonus for December 2021.

Today’s Sportsbetting Bonus

sportsbetting reviewSportsbetting Deposit Methods

This American betting site allows you to deposit instantly through a variety of different methods. Sportsbetting.ag offer their clients discrete deposits, which means it will not appear on your credit card statement as an online sportsbook. Instead it will show up as if you were simply making an online purchase (from an electronics company, for instance). You can fund your account using VISA, MasterCard, American Express, and Diners Club. One advantage Sportsbetting has over BetOnline is that their credit card minimum deposit amounts are $25 instead of $50. This makes them the better US sportsbook for casual gamblers.

sportsbetting review

You can also fund your account using money orders from MoneyGram and Western Union. Sportsbetting are also one of the few American betting sites to accept Bitcoin deposits and payouts. This allows them to offer instant, anonymous, and free payment transfers. If you want to find out how you can bet on sports from the United States using Bitcoin click here. Sportsbetting.ag also accepts deposits through bank wire transfer, checks, JCB, and book-to-book transfers. This part of our Sportsbetting review receives full marks as they are one of the easiest American sportsbooks to deposit with.

sportsbetting review

Sportsbetting Payout Time

Now the Sportsbetting review will take a look at payout time and methods. The most common payout method for American betting sites has always been check. Sportsbetting.ag checks are discrete so you will not have any problems when you deposit them into your bank account. You can receive checks by mail (2 weeks), courier (5 days), or express (1-2 days). These are all very fast compared to industry standards. You can also receive your money in under 24 hours through Bitcoin. Other Sportsbetting withdrawal methods include person-to-person, bank wire transfer, ATM only card, and sportsbook transfer. Sportsbetting review very well with their payout time.

sportsbetting review

Available Games

Sportsbetting.ag allows you to bet on thousands of different games each day. They cover all major North American sports including football, basketball, baseball, hockey, and tennis. They are one of the best American sportsbooks for European soccer. All of the European leagues including some of the lower divisions will be available to bet on. Full marks are allocated for this part of the Sportsbetting review.

sportsbetting review

Sportsbetting Markets

This American sportsbook offer a handful of different betting markets. This gives you flexibility on the ways to place your bets. On top of the traditional markets (moneylines, totals, spreads), you will have access to hundreds of team and player props. Sportsbetting.ag allows straight-wagers, parlays, teasers, and round robins.

sportsbetting reviewCompetitive Odds

One thing that we love about Sportsbetting.ag is that they are one of the first American betting sites to put their lines up. Experienced bettors understand the importance of getting the best available number on a game. Odds move as people begin to bet on the games. Having access to the earliest possible numbers can give you a huge advantage. While the early lines earn Sportsbetting review points, we would like to see them increase their limits. We highly recommend you have a Sportsbetting account if you want to bet on football or basketball.

sportsbetting review

Livebetting System

Sportsbetting.ag have made a lot of improvements to their livebetting system over the last few months. They offer in-play wagering on hundreds of different games each day from all major North American and European sports leagues. They also do not restrict you to commercial-only betting on their thousands of livebetting markets. The only faults we have for this part of the Sportsbetting review is that the in-play interface is a bit difficult to navigate.

sportsbetting review

Customer Support

The last part of our Sportsbetting review will look at customer support. You can speak with a service agent through live chat, phone, and e-mail. Waiting times are generally under one minute and their support staff are very helpful. sportsbetting review

Sportsbetting Review Video

Our Sportsbetting review is now in video form! Check it out as your host guides you through all of the things you need to know about this American betting site. In the Sportsbetting review video we cover signup bonus, deposit methods, payout time, available games, betting markets, and quality of odds. Be sure to subscribe to our channel for more sportsbetting videos.

Best Sportsbetting Bonus

We have spoken with the Sportsbetting.ag rewards department in order to get you the best available signup bonus for December 2021. Right now they are offering new customers who join through our exclusive promo link a 25% first deposit bonus up to $1000, a $50 mobile betting free play, and a $25 livebetting free play. On top of this, Sportsbetting give their new customers hundreds in poker and casino rewards. This is one of the largest packages of sign-up rewards offered in the American betting industry. You can get all of these bonuses by using our exclusive promo link when you go to create your account.  We automatically check every few hours to make sure this is the best available signup bonus. Regardless of when you are reading this review, you will be guaranteed to get their best sign-up offer with that link. No promo codes needed! Simply use the button below or click here when you go to create your account to get the best available bonus for December 2021.

Today’s Sportsbetting Bonus

sportsbetting review

Bookmaker Review

Bookmaker is an American betting site that accepts customers from the United States. They are one of the most reliable high-limit US sportsbooks currently available. In our Bookmaker review will analyze their signup bonus, deposit methods, payout time, available games, betting markets, quality of odds, and livebetting to help you decide if this is the right sportsbetting site for you.

Bookmaker Review

Bookmaker Review December 2021

Anyone in the world can create an account at Bookmaker including Americans. Their offices are located in a country that has legal and regulated online gambling. This allows them to accept wagers from all 50 states. They are one of the most popular American betting sites.

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Bookmaker Signup Bonus

Bookmaker Signup Bonus December 2021

We have spoken with Bookmaker’s rewards department in order to get you the best available December 2021 signup bonus. Customers who join using our December 2021 promo link (here) will receive a 50% first deposit match up to $300. You can also enter promo code AMERICANBETTING when you join through our promo link to receive any additional bonuses they might be offering.

Today’s Bookmaker Bonus

Get the best available signup bonus when you join using our Bookmaker review promo link. The $300 deposit bonus will be automatically applied to your account. Our dedicated team updates our promo links daily to ensure you receive the best available American betting site signup bonuses for December 2021

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Available Deposit Methods

Bookmaker Deposit Methods

One of the highest rated categories in our Bookmaker review is their deposit methods. This American betting site offers a wide range of funding options to their customers. All Bookmaker deposit methods are discrete which means it will not show up as a betting site on your statements. You can currently fund your account by credit card (American Express, VISA, MasterCard), prepaid gift cards, Bitcoin, check, Western Union, MoneyGram, and bank wire transfer.

bookmaker american betting

Payout Time

Bookmaker Payout Time

This is one of the easiest American betting sites to withdraw your winnings from. All payout options are processed very quickly allowing you to receive your funds the same week that you request them. Offered withdrawal methods include Western Union, MoneyGram, Bitcoin, and check. Similar to their deposits, payouts from Bookmaker are discrete so they will not be marked as coming from a betting site. This will ensure you do not have any problems depositing the checks into your bank account.

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Available Games

Available Games

Bookmaker allow you to bet on most North American and European sports leagues. This includes football, basketball, hockey, baseball, soccer, boxing, MMA, tennis, golf, motor racing, volleyball, handball, rugby, and cricket. Chances are if there is something you want to wager on it will be available at Bookmaker. They are also one of the earliest American betting sites to post their lines. This gives knowledgable sportsbettors an advantage.

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Betting Markets

High-Limit Betting Markets

Bookmaker is known for offering a decent selection of high-limit markets. You will have the option to bet on traditional markets including moneylines, spreads, totals, and team totals. You will also have the option to wager on additional player and team props. Bookmaker accept large wagers over most of their markets allowing experienced bettors to have a place to play.

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Sharp Odds

Bookmaker’s Sharp Lines

One of the most important criteria of our Bookmaker review is the quality of odds. You need to know what type of lines a sportsbook is dealing compared to it’s competitors. Because Bookmaker offers high-limit markets they offer sharp lines that accurately reflect the current betting market. Sportsbetting sites that accept large wagers cannot afford to add further adjustments as it creates a liability. Sharp sportsbooks like Bookmaker are also ideal for individuals who only plan to keep one running balance.

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Customer Service

Customer Support

Bookmaker offers live support through telephone, chat, and e-mail. Their support team are very helpful and will be able to resolve your issues typically in under 5 minutes. They offer great customer service to make sure your betting experience is the best it could possibly be. Their support team are available 24 hours a day, 7 days a week, 365 days a year.

bookmaker review

Bookmaker Review Video

Bookmaker Review Video

Check out our Bookmaker review in video form! Your review will outline everything covered about this American betting site including signup bonus, deposit methods, payout time, available games, betting markets, quality of odds, and customer support.

Bookmaker Signup Bonus

Bookmaker Signup Bonus December 2021

We have spoken with Bookmaker’s rewards department in order to get you the best available December 2021 signup bonus. Customers who join using our December 2021 promo link (here) will receive a 50% first deposit match up to $300. You can also enter promo code AMERICANBETTING when you join through our promo link to receive any additional bonuses they might be offering.

Today’s Bookmaker Bonus

Get the best available signup bonus when you join using our Bookmaker review promo link. The $300 deposit bonus will be automatically applied to your account. Our dedicated team updates our promo links daily to ensure you receive the best available American betting site signup bonuses for December 2021

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Pros and Cons

Here is our Bookmaker review condensed into a list of pros and cons!

Bookmaker Pros

  • $300 signup bonus
  • Tons of accepted deposit methods
  • Fast withdrawals
  • Sharp high-limit markets
  • Great livebetting system
  • High quality customer support

Bookmaker Cons

  • Limited European events

InterTops Review

intertops review

InterTops is an American betting site that accepts customers from the United States. This is a high-quality sportsbook that offers a wide selection of available games and betting markets. Our InterTops review will cover everything you need to know about this sportsbook including signup bonus, deposit methods, and payout time.

 

InterTops Review December 2021

Their offices are located in a country that has legal and regulated online gambling. This allows them to accept customers from the United States. You can safely bet with InterTops from all states except New York, New Jersey, and Maryland. If you are located in one of those states click on the corresponding hyperlinks to list US sportsbooks that work in your region.

intertops

 

InterTops Signup Bonus December 2021

We have spoken with InterTops’ reward department in order to get you the best available December 2021 signup bonus. Click on our December 2021Today’s InterTops Bonus[/button]

On top of the scaling first deposit bonus you will receive an additional $1,000 parlay bonus when you join using our December 2021 promo link. We update our InterTops review promo link every day to make sure you get the best available signup bonus. No promo codes needed!

intertops review

Deposit Methods

You can fund your InterTops account through a variety of payment methods. All InterTops deposits are discrete which means it will not appear as a sportsbook on your credit card statement. You can currently fund your account using VISA, MasterCard, American Express, Bitcoin, PaySafeCard, and bank wire transfer. All payments are processed instantly so you can start betting within a matter of minutes.
intertops

 

Payout Time

InterTops is one of the fastest American betting sites for payouts. Most customers receive their winnings the same week that they request them. The most common withdrawal method is check. InterTops checks are discrete which means it will not indicate that the money is coming from a sportsbetting site. This will ensure you have no problems when you deposit it into your bank account. You can also request your money through CardPay. This is very convenient as they will send your winnings to the credit card you used to deposit. Other InterTops cashout methods include bank wire transfer and Bitcoin.

intertops

 

Available Games

InterTops allows you to bet on all North American and European sports leagues. You can wager on football, baseball, basketball, hockey, soccer, tennis, boxing, MMA, cricket, cycling, golf, handball, motor sports, poker, politics, rugby, volleyball, and even the stock market. This part of the InterTops review earns full marks. They even offer wagering on some lower division leagues which you normally only find on European betting sites.

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Betting Markets

If we were impressed with the available games section of our InterTops review, we are even more impressed with their offered betting markets. On top of the traditional items such as moneylines, spreads, and totals, you will have access to a handful of team and player props. You will also have access to team totals, quarter lines, half-lines, BTTS, and many player totals. Some of the markets offered at InterTops are not available at any other American betting site.

intertops

Competitive Odds

We have classified InterTops odds as partially-square. While you will not experience extreme market adjustments such as those done by Bovada or TopBet, you will also not enjoy sharp high-limit lines. This makes InterTops a preferable option for casual sportsbettors who only want to keep a balance at one site. Experienced gamblers who make a point about getting the best line with each bet they place should only create an account if they do not have square outs available.

intertops

LiveBetting System

InterTops offers one of the best livebetting interfaces in the American betting site industry. Their in-play system is responsive. It is very easy to navigate between sports, matches, and betting markets. Each game features a handful of props and markets for you to wager on including correct score, BTTS, and next scorer. InterTops also have a responsive play-by-play scoreboard for each game that will allow you to keep track on in-game progress.

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Customer Service and Support

InterTops offers customer support through phone, e-mail, live-chat, and Skype. They are available 24/7 through all four forms of communication. InterTops support team are very helpful, and will be able to resolve any issues you have in a matter of minutes. Offering live-chats via Skype and their integrated support system makes it very convenient for contacting at all hours of the day. This part of our InterTops review is flawless.

intertops

InterTops Review Video

You can check out our InterTops review in video form. We cover everything you need to know about this American betting site including signup bonus, deposit methods, payout time, available games, betting markets, quality of odds, and livebetting.

 

InterTops Signup Bonus December 2021

We have spoken with InterTops’ reward department in order to get you the best available December 2021 signup bonus. Click on our December 2021Today’s InterTops Bonus[/button]

On top of the scaling first deposit bonus you will receive an additional $1,000 parlay bonus when you join using our December 2021 promo link. We update our InterTops review promo link every day to make sure you get the best available signup bonus. No promo codes needed!

Betting Map

Our interactive betting map tracks each states current sports betting legislative status as of December 2021: alabama betting sites

Betting Site Reviews

5Dimes Review

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5Dimes is an American betting site that accepts customers from the United States. It is considered one of the best sportsbooks for both casual...

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