How to Use the Paroli Sports Betting System For NFL Football

The thing about betting NFL football games is that it is a big risk. You will never know for sure what you are going to win or how much you are going to lose. Betting being a game of chance is also the very reason why some people can simply not get enough of it. They just love the excitement of awaiting the outcome, the thought of the possible loot. And if you are into gambling yourself or just starting to get the hang of it, there are some things that you need to learn. The first one is the different types of sports betting system that you can utilize to increase your odds of winning. If you are particularly fond of playing Roulette or Blackjack, you need to learn how to use the Paroli sports betting system.

The Paroli betting is a progressive type of betting. This means you are to lay down an initial bet of say a dollar and during the course of the game, you are given a chance to increase that bet to say, two dollars. This will help you increase the amount you are to take home, in case you win of course. The aim of this type of betting is to increase the lot during a hot streak. You can only raise your bet if you win so you can take advantage of the chance and keep increasing the bet. In the unfortunate event that you lose or in a losing streak, the only thing you will lose is one betting unit at a time and your pride down the drain. But as they say, you win some, you lose some. And that is the beauty of gambling, the wheel keeps spinning.

Taking time to learn how to use the Paroli sports betting system shall pay off when you start raking in your winnings. Gambling may be a game of chance but with careful planning, you may just have luck on your side. And there are certain pointers that you need to know. The first one is to plan your initial bet. Since the initial wager is the base upon which you are to build up on, it important that you strategize. Another factor that you have to decide on before plunging to the game is how many times you will increase the bet. Your winning streak can only go so far. At some point you will run out of luck. It will be tempting to keep increasing the bet if you are thinking positively but you will have to withdraw your winnings before the bomb drops. So plan ahead. Decide firmly on how many increases you will make before withdrawing your loot so your win is guaranteed. Then you can have a clean slate and tart again with your initial wager.

It does not take a rocket scientist to learn how to use the Paroli sports betting system. However, learning the twist and turns of the system is not enough. Ultimately, you should learn how to use it to your advantage and this requires a good strategy.

Phil Ivey Is The Master Of Poker

When it comes to high stakes cash games the fans are usually talking about Phil Ivey, Patrik Antonius or Tom Dwan (also known as “durrrr”). Phil Ivey is a much-feared player because of his extremely aggressive style and his great hand reading skills.

The following example comes from the 2009 WSOP where Phil Ivey was paid out at the end only because of his reputation.

The blinds are $2 000/$4 000 with a $500 ante and 9 players. Everyone folds to Ivey who is on the button and has 8d7s. Ivey decides to take a stab at the pot and raises to $11 000. A typical play by Ivey, he would do it with any two cards so his raise does not tell anything about the strength of his hand. The small blind folds but Perner in the big blind makes a reasonable call with 2h2d. Although Perner’s call is reasonable, I suppose a reraise would have been the right play. When he called he already knew that he would be in a tough situation with a pair of deuces every time except when the deuces hit. Based on this statement a reraise can end up with more success because he could win the pot right there, before the flop. Such small pocket pairs are extremely difficult to play out of position. In this case Perner decided to only call. The pot is $28 500 and the two players see the flop.

The flop is 7cJh7h giving Ivey trip sevens. A paired flop is usually good for a pocket pair because it makes it more probable that the other player missed the flop. Perner thinks also like this and he bets about 75% of the pot, $22 000. Perner had the preflop advantage 52%-48% against Ivey but the tides have turned in favor of Ivey: 89%-11%. He thinks a bit how he could maximize his win and makes a flat call. At this time it is not clear if Perner only bluffs or if he has a pair of Jacks. Ivey hopes it is the 2nd case scenario. The pot is $72 500.

The turn card is the 8h. This is a dangerous card for Perner. He knows that Ivey can have any two cards in his hand and this turn card completes a flush draw, a straight draw and of course it is possible that Ivey has a pair of eights as well. Perner checks, he wants to see what Ivey does. Ivey bets a little over half of the pot, $40 000. Ivey wants to build a pot and does not want to slow play his hand until the end. Perner calls quickly and sends a message to Ivey that he also hit the board. I am convinced that Perner made a mistake at this point and he should have quit with his hand. The pot is $152 500.

The river card is the 7d, giving Ivey quads and Perner a full house. Perner checks and Ivey starts thinking what the maximum amount is that he could get from Perner. Ivey decides to bet $120 000, about 80% of the pot, a big bet which indicates a bluff. Actually the river card is unlucky for Perner. In case Ivey had a straight or a flush Perner would be ahead now. There are also three sevens on the board so it is very unlikely that Ivey has a seven. Perner beats many of Ivey’s possible hands, he is only losing against a Jack, an eight or pocket pairs. Perner does not even think long and makes the call. Ivey wins the $392 500 pot with his quads.

Online Gambling Basics

Poker, black jack or any other casino game with a real fancy name, any lay man acquainted with the web knows that these are only a click away. Online gambling industry today is one with the highest growth rate. However which site to choose is definitely the biggest problem that one faces when seriously thinking about gambling online. With sites by the dozen offering “online gambling” there are other hundred offering you to start your own site, the scene can get a lot confusing.

Though site offer all traditional card games like poker and black jack and other casino games like roulette and slot machines, but the roots of internet gambling still centre around sorts betting and horse racing.

The concept is quite sensible considering that not everyone is comfortable with the terms and other nitty gritty of various dice games, while the picking the scores of a super bowl game is relatively easier.

According to various stats as published in Sports Illustrated sports betting touched as much as 1 billion $ which is 10 times the figures placed with traditional Nevada sports books. Betting on horses is also hugely facilitated by theses sites as while all major races are broadcasted on major television channels and other programmes cover highlights of the races, but getting on the tracks can get difficult, if you do not live in a state where the tracks are located.

While the federal wire act1961 made it illegal to use telephone to place bets, thus driving the prospective gamblers from other states out of luck, however the arrival of internet on the horizon changed the scene.

Popularity gained by poker in the recent years has been another reason for the success of online gaming in the recent years. Te success of the Travel Channel’s World Poker Tour program and ESPN’s World Series of Poker, have pushed other channels also to start airing these shows.

Poker though may easily be the most successful online gamble game but sites are trying to popularise the real games like black jack and slots by vigorous advertising which includes bulk email advertising. The emails sent by Golden Palace.com, one virtual casino offers as much as 58 casino games, meanwhile offering chat rooms and other premium services.

Interestingly online betting is not the only way to spend money. There are industry sites such as the River City Group, based in Missouri open for subscription starting from$245.Those not ready to spend money right away there are fee software to be downloaded to play poker or other games. There also are free practise areas to learn and play for free. However the catch lies in the fact that success in these free areas are a sure invitation to the real gaming world, where however winning is not so easy. The odds might be against you but in the world of software tricksters it’s always easy to make a winning way out. So online gambling in fact a contest between the owner and the player. But in either case it’s the winner who gets it all.

Sports Betting 101

Betting on sports is perhaps as old as the various games themselves. Millions of people have made huge money out of betting on sports. Possibly no game is left virgin of betting. All games have bookies and wages attached to them. Alike is the case with the countries across the globe. Betting is becoming a universal phenomenon nowadays. The difference however lies in the fact that some countries have accepted betting and so have legalized it while others still consider it illicit. For instance betting is taken to be legal nearly in entire Europe whereas Nevada is the only place in United States of America where wagering is deemed to be lawful. But the geographical scenario does not bring much variation in the terms and conditions or the rules and style of betting. The betting policies for a particular game for example cricket remain approximately the same around the world.

But what differs with the place or country is the sport and the amount of bets placed on it. Like people in Asian countries are leaders in betting on cricket. Cricket is the favorite sport in the Asian subcontinent. But in Europe and America games like horse racing, basketball, hockey, soccer and football etc. receive topmost priority. Thus that sport is wagered the most, which is relished, by maximum number of people.

Australia is one of the best places in the world to enjoy betting. This is because betting is legal in Australia and there are ample of sports that are cherished by the Aussies. Australian Football and Rugby are the two eminent names in this category. Lots of good information and even betting guidelines or tips about these games and many others like tennis are available on the Internet due to the legality of sports betting in Australia.

Ireland is the land that gives birth to the most of the English sports action. Irish football and Hurling are unique English sports. Rugby, cricket, golf and tennis are other English sports that invite lot many bookmakers and so bets. The English Premier League or one can say the English Soccer involves tremendous wagering in Europe. Darts are also famous among the English. Many people love betting on the not so common game of Darts. But this isn’t all. Punters never leave The National Leagues, the National and International Cups, the Motor Sports like Formula F1 Racing, the IRL or the Indy Racing League and the NASCAR i.e. the National Association of Speedy Cars and Rednecks, involves million dollar wages or even more every year.

Human beings have always made good business through animals. Along with the horse racing the racing of animals like camels, pigs, ponies and dogs invite great amount of betting in Europe as well as on the land of America.

While betting on any game what should be followed is your knowledge of the game and what your intuition or common sense says. A bettor should be pretty clear and confident over the option of his bet. If an individual is making a bet for the first time, don’t bet big. It can lead to unexpected snags. Remember, it takes time to learn and develop betting skills.

The Cosmetic Corporate Governance – Will Companies Learn Lessons From the Global Financial Crisis!

The impact of the crises started to diminish. Still, all key players, including top executives, regulators and investors, have much to learn from the global financial failures. The Organisation for Economic Co-operation and Development (OECD) Steering group has issued a report entitled Corporate Governance Lessons from the Financial Crisis. This Report concludes that among major contributors to the financial crisis are failures and weaknesses in corporate governance arrangements. When they were put to a test, corporate governance routines did not serve their purpose to safeguard against excessive risk taking in a number of financial services institutions.

Other key contributors to the global financial crises include failures in transparency, failures in lending standards; failures in prudential standards; failures in risk-management.

As to the remuneration of top executives, the real problem was not the amount they receive; it is how companies pay them. The bad bonus culture encourages a short-term thinking: hit as many deals as you can this year and get a larger bonus! That approach pushed executives to focus their attention to achieving short term objectives at the expense of sustainable growth objectives.

Most financial institutions link compensation to quarterly performance, encouraging short-term gambles. When the bets win, executives get the rewards, but when the bets sour, as they have in the latest financial crunch, the executives who took the risks do not have to return their fat-cat bonuses. The executives were, in most cases, no longer gambling with their own net worth. It was the shareholders who took the hit. Thus the executive greed acted as fuel thrown on the fires of and contributed to the blazing global financial crisis. The right approach if we are going to keep the financial system from being misused by top executives’ greed again is to maintain a partnership between the top executives and have their net worth tied to the organisations’ well-being. As a result, they would be cautious about taking big risks and discourage the malpractice of running after short terms gains. Also, we need to replace bonuses with better, longer-term compensation such as deferred cash pay and restricted stock.

The directors of the troubled institutions appear to have provided only the thin-surfaced supervision to control the greed of top executives. The boards of the collapsed firms carry the full responsibility. Each month they see the numbers. They are also responsible for compliance with regulations. And they set the remunerations packages for the top executives. However the troubled firms just ticked the boxes for good corporate governance in their annual reports. In other words, there organisations presented an obvious example of the cosmetic corporate governance to fool different stockholders including investors, rating agencies and regulators!

The current global financial crisis has shed light on how poor risk management could lead to catastrophic results. The risk management systems have failed in many cases due to corporate governance procedures rather than the inadequacy of computer models alone.

With the advent of new products such as sophisticated derivatives and certificate of deposits, they posed unknown risks. Risk management may not have been up to the task since many of the standard quantitative models and users of these models regularly misjudged the systematic nature of risks. To some extent this was due to product complexity and over-reliance on quantitative analysis. Sadly, many risk evaluations were wrong including those provided by rating agencies.

The directors of the collapsed financial institutions should have better understanding of the risk implication at the time of taking decisions related to sophisticated products such as derivatives. The reality is many board members had inadequate knowledge on the sophisticated new products and likely were embarrassed to show that they lack the adequate knowledge! Here where directors’ education and orientation fails as best corporate governance best practice. On going education is important to ensure that the directors are familiar with all aspects of the company’s affairs with a particular focus on risks. Each director must receive customized orientation programs in areas where heshe lack adequate knowledge in order to be able to effectively undertake the fiduciary oversight role.

Finally, the concept that in bad times companies would be more interested in supporting their profitability and accordingly will not have time for corporate governance is irrational. The integrity cannot be compromised because corporate governance is not seasonal – it is for all times and must be embedded in senior corporate executives and directors. Companies must not put corporate governance on the shelf in bad times. It is like a muscle, must be exercised or it will atrophy