Becoming a Spread Betting Millionaire

Most people often have dreams of becoming a millionaire and having more money than they know what to do with. But the problems there is that very few people know exactly how they may become millionaires and therein lays the biggest obstacle towards achieving the millions that you dream of making. You could always start a computer firm of your own and do what Bill Gates id; you can make your own computer company like Steve Jobs or become a business man like The Donald. But really, what are the chances of that happening to people right? But there are other ways that you can become a millionaire. If these things seem to be out of reach for you, why not try to earn millions through spread betting? You can get rich spread trading you know but it will not happen overnight and not without a lot of effort on your part.

Frankly speaking, anyone can have the chance to make millions from spread betting alone. But you will really need a huge dose of discipline and a lot of patience of course, and you will need money to spend on your wagers. Oh there are always people who lose in spread bets and the fact that there are still plenty of bookmakers out there proves the point that more people lose money in the spread bets then those that actually win. But by trading financial derivatives remains to be one way that you can make huge profits in a short amount of time.

If you want to become a millionaire spread trading trader, you must know what is causing the move in the underlying prices. There really is a very wide selection of things that you may place spread bets on but you should really stick with the ones that you are familiar with so you have better chances of correctly predicting where the prices will be going. Also, you should make sure that you out a lot of concentration on not losing money since often times, by concentrating on not losing money on your wagers, you end up having more money. Remember that the best way to make money is to not lose too much of it. This is when your research about trading will come in handy so you will a better idea on how to manage your money better which trains you to never bet more money than you can afford to lose.

Billy Walters – The Warren Buffett of Sports Betting Markets

Vegas used to be filled with rumours of a man or group of men – nobody really knew the specifics – that was said to be feared by Vegas bookmakers. This team beat the spread in sporting events as a matter of course, and were wealthy beyond comprehension as a result. In the world of sports gambling, these guys had discovered the Holy Grail. They mystery that surrounded these mystery men made them the whole story so much more intriguing.

That was, until the mystery man was unmasked as Billy Walters, a lifelong gambler and successful investor – and a very wealthy one at that.

Walters’ operation was first disclosed in a book called “The Smart Money” – By Michael Konik. In the book a pseudonym was used for Walters, and the author accounts his experiences running money around Vegas for Walters, betting with the aid of cell phones and walkie talkies, and subsequently getting banned when the sportsbooks discover that the teams and games he is betting are a bit fishy. Understandable, when these games are the hottest syndicate games bet all around Vegas by Walters and his teams of “runners”.

Walters was further introduced to the non-betting public through a story on 60 minutes in January 2011. It is a fascinating interview for both betting and non-betting types, as Walters is a charismatic, raskal type, and 60 minutes do a fantastic job of educating the lay-person in what sportsbetting is and how Walters and his team make money from it.

For sportsbetting fans, this interview is riveting. The seriousness with which Walters and his team attacks sports wagering is impressive and it is clear that huge amounts of money are at stake. Walters moves on his sports teams like a hedge-fund trader moves on a stock at the open of a day’s trading – betting to the house limit when he finds an attractive proposition. The team assembled around this betting operation is vast, runners have codenames and large cash on hand to bet in person at the sportsbook window, and Walters monitors all of these bets and amounts on a computer set-up that has all too many similarities to a hedge-fund manager or a stockbroker at the New York Stock Exchange.

Interestingly, Walters claims that Wall Street types have more to hide and are bigger thieves that those people that he has run into in the gambling world.

Walters was rather secretive about the individuals he has working with him. He claimed to not know the real name of his runners – that may indeed be the case – but he was particularly elusive about the advisors and “brains” behind his brains trust. One individual in particular was a ‘rain-man’ type of intellectual who has an encyclopedic knowledge of college teams and players. Walters reports that this man possessed a brilliant ability to forecast games because of this.

Betting men and women would be well served by watching the interview with Walters, and reading Michael Konik’s “Smart Money”, should they wish to know more about this fascinating character.

Online Betting Sites For Sports Betting

Revolution in technology has positively set its benchmark on today’s generation. With the help of the latest hi-tech improvement in technology, all things have been made more handy to use and easily available. Among all technical innovations one of the best and hi-tech innovations is the computer. Computers are very useful to do research job as well as for leisure also. With the help of computer you can read and download books online. Searching for a job and long distance communication is now much easier because of the internet use. Not only this, computer is a resource of earning money for some people.

Amongst all use of computers one of the most popular uses of the computer is online gaming. The internet offers different websites for people to visit and take part to play online games. Individuals who are interested in sports betting, regularly search and visit different online sports betting sites for their bets.

Betting sites provide opportunities in which an individual bets on any sports team in any type of team game and deposits money on that particular sports team. If the team on which that individual has bet the money is the winning team, then he will get his cash return plus additional money as earnings. But if the team loses the game, then the individual loses his betting cash and will also not get any additional bonus money. This gaming process is very easy and has no complications.

Generally, public gambling on sports goes to a betting house where all bets are placed. But now, with the help of the computer and internet, there are many reputable online sports betting sites that are easily accessible. There are lots of online sports betting sites such as ukash betting sites, bet365 betting site which have gained the trust of those sports betting buffs and are now counted as one of the best.

While looking for online betting websites, one should be patient and broad minded because one betting website may present similar offers as another website and have better payback cash on betting games. Keeping track of the websites that one visited and found the offers there better when compared to other online betting websites and thinking about the helpful and harmful side, can help to accumulate or to make a better deal.

To assist one while selecting which online sports betting websites are trustworthy and secure to play, certain principles must be checked while searching them out. First issue that one must check is that the website is legal or not, most of the betting sites are legal but there is no damage in checking again.

There are various online betting sites available in cyber space which can surely help gambling lovers to bet on their favorite sports team. These online beating websites can be accessed from anywhere with the help of computer. Also these online betting websites deal with almost all type of sports right from the NBA, Formula 1, NFL, NASCAR, horse racing and of course the MLB or Major League Baseball, America’s number 1 sports game.

Online Sports Betting – Weigh Your Options

There are two kinds of sports enthusiasts; those who go out there and actively participate in sports. Others sit in front of their television sets and get their dose of action. But somewhere in between on the blurry line stand sports lovers who make it their business to profit through their understanding and knowledge of a certain sport. After all, every sports fan thinks he can do a better job than his favorite team’s captain or marshal his resources better than the coach. So why not prove it and make some bucks through Online Sports Betting?

But like any sports action full of thrills and edge of the seat excitement isn’t for a week hearted fan, Online Sports Betting isn’t for faint hearted either. You might think you know best about your favorite sport, but things might not go your way on a given day. Like on sports field when overwhelming favorites get knocked out. So always weigh your options carefully before placing your bets and remember false bravado won’t get you anywhere.

If you are in America, you’d probably want to bet on your favorite sports like Basketball, American Football etc. The basic principles for online betting, be it American Basketball Betting or American Football Betting, remain the same. Your job is to beat the oddsmaker and make some money, while in the process you can have some fun as well.

There are different types of bets you can make and there are variations of these available with several online betting companies. It’s important to specify the kind of bet you are placing, which might be tricky for a starter.

Here are different kinds of bets you can make with bookmakers:

  • Straight bet where you bet on the winner at odds that are already given. It’s often termed as single bet as well.
  • A point spread bet makes things even more interesting and can either work in your favor or go against you. The favourite has to beat the underdog with certain number of points or goals according to your bet. Even if your teams wins but doesn’t beat the other team by sufficient margin, you won’t be making any money.
  • The Moneyline bets work exactly the opposite of point spread method, and can take some getting used to. It’s best to leave such bets till you get a hang of the system.
  • The total bet is placed on number of points or goals scored in the match, depending on what sport it is. It has nothing to do with the winner or loser, and can even out your chances.
  • An accumulator bet is when you pick your winners in more than one game. The winnings of your first game are parlayed onto the next one for further profits. However it’s imperative that you win the first game else it’s only considered as a single bet.
  • You can make bets for future games too. Some bets are open at the beginning of the season and you can pick your early winners.

Sports betting online isn’t as complicated as you think and can be a lot of fun.