1. Develop your own niche. The best way to win money at sports gambling is to develop a niche and follow it closely. If you become an expert on a smaller conference you have a good chance to beat the house. Study your team’s strengths and weaknesses and know their home and road records. Pay attention to changes in the quality of a team from one season to the next and evaluate the change of players and coaching staffs from one season to the next.
2. Evaluate a team objectively. Bet wisely by keeping your selections limited. Also try to limit the influence of bias in your betting. If you are a fan of a team try to limit the effect of that favoritism when betting. Evaluate a team’s chances objectively and not based on emotions.
3. Bet against the odds. Certain teams always have a strong public following. High value bets can often be found by betting against these teams because the odds makers adjust the line to reflect the expected amount of public money so the underdog is often listed with better odds or a larger point spread than they really deserve.
4. Don’t chase your losses. When you do run into the inevitable losing streak, don’t panic and make the common mistake of betting larger amounts in an attempt to recoup your losses. Instead, examine your handicapping methods and reduce your betting amounts until you start winning again. Chasing your losses is the single biggest mistake a gambler can make. Once you start winning again, increase your bets slightly.
5. Pay attention to sportsbook commissions. Bet on games and leagues where the sportsbook’s commission is the least. This is often in the sport or sports with which that sportsbook does most of its business, as it is likely the most efficient in that area.
6. Bet systematically and keep accurate records. Betting regularly though a systematically and analytical manner, one can improve your judgmental ability. Keeping accurate records of your wagering activity will increase your winning percentage. Maintaining records of statistics will help you to avoid destructive wagering patterns and, at the same time will enable you to spot trends that may give you an edge.
7. Practice good money management. If you are going to bet on sports, it is important to set aside a certain portion of your money for betting. Contain the urge to bet with you winnings immediately. If you do not follow the standard rule of 50%, at least put some of your winnings back into your pocket
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Fasig-Tipton's upcoming August Digital Selected Sale will feature a partial reduction of Terry Lovingier's Lovacres Ranch. The August Digital Selected Sale will be conducted on digital.fasigtipton.com from August 25-30.
The Lovacres offerings consist of 31 broodmares or broodmare prospects, and seven horses of racing age. Included among these are broodmare prospect Fi Fi Pharoah, a stakes winning daughter of Triple Crown winner American Pharoah. Headlining the horses of racing age is E Z Pharis, a stakes performing two-year-old daughter of American Pharoah. Following an impressive debut win at Santa Anita on April 30, she earned black type with a strong third in the Fasig-Tipton Debutante S. on June 18 at Santa Anita.
Terry Lovingier and his Southern California-based Lovacres Ranch have been at the forefront of California racing and breeding for many years. Lovingier has bred or owned in partnership nine California-bred Champions. Last year was an especially banner year for the program, as Lovingier campaigned both the Champion California-bred Two-Year-Old Male and Female in Finneus and At the Spa, respectively, in partnership. The program was also named Champion Breeder of California Foaled Thoroughbreds by Earnings; owned Broodmare of the Year My Fiona in partnership; and claimed Champion First-Crop Sire of California by Earnings honors for stallion Govenor Charlie.
Lovacres currently stands seven stallions, including Stay Thirsty, California's leading sire of 2018, 2019, and 2021. Also the state's current leading sire in 2022, Stay Thirsty is represented as covering sire of several mares being offered as part of the Lovacres reduction.
“I love horse racing,” said Lovingier. “I'm not going anywhere, but the with the success of Stay Thirsty I just need to make room for more outside mares at the farm. This reduction is necessary to expand boarding and breeding opportunities for clients of Lovacres.”
“The Lovacres racing and breeding program has raised and campaigned many of the top horses in the California-bred program,” said Leif Aaron, Fasig-Tipton's Director of Digital Sales. “This partial reduction gives buyers access to a program with a tremendous track record of success.”
Fasig-Tipton's August Digital Selected Sale opens for bidding this coming Thursday, August 25 and closes on Tuesday, August 30. In addition to the Lovacres offerings, there are currently an additional 27 entries of breeding stock and horses of racing age that will be offered in the catalogue.
The full catalogue for the August Digital Selected Sale may be viewed this Thursday at digital.fasigtipton.com when bidding opens at noon eastern.
Jim Lawson, CEO of Woodbine Entertainment, spent part of a recent afternoon in a new section of the grandstand at the iconic racetrack enjoying sunny skies and good racing. The Stella Artois Terrace Patio is a reimagining of track seating designed to bring in a younger demographic to racing. The open-air area includes cushy seats, chef-designed meals, fresh greenery, and glass partitions opening up to great views. Pop music plays in the background, fading out ahead of each race call.
Woodbine is also nearing completion on the construction of a hotel which overlooks the final turn of the E.P. Taylor turf course, and which will complement both the casino and racetrack portions of the property.
Many tracks may have congratulated themselves for improving their hospitality and left it at that. But for Lawson, every new project is just a piece in a much, much bigger puzzle.
“There's a vision, but I'll caution by saying it's a 20- or 25-year vision,” said Lawson. “I think that one has to at least have a plan so you can adapt. There's a vision and a plan so that we don't do anything wrong.”
All of it will be designed with racing as a central feature.
“The idea is to bring as many people to the site and expose them to horse racing as we can,” he said. “One of the advantages we have is that we're effectively a not-for-profit so we're not anxious to get a shovel in the ground at any cost and work with a developer. This is why we have a long-term vision and plan.
Jim Lawson, CEO of Woodbine Entertainment
“We're very much cognizant that we want to incorporate horse racing into the development. At one extreme is, you're sitting on $2 billion worth of property here, why don't you just sell it all and run like Kentucky Downs and run digitally and you'd be way better off? But that doesn't do a lot for building this sport and attracting people in this sort of atmosphere. I think that's part of our duty, given the demographic of this sport, is to grow that future fan and future owner. We feel strongly, or at least I do, that we do that for future generations.”
Woodbine sits on 700 acres, which Lawson said is larger than the heart of downtown Toronto, and a lot of it is undeveloped. He imagines a mixed-use campus that will flow around the existing racetrack operations. Residential has always been part of the vision, and at one point, retail was a central part of the equation. Now, post-pandemic, Lawson said it doesn't make as much sense to invest too much space in retail, and instead he imagines biotech companies or educational institutions could look to build their new bases in the area. He has had considerable interest from companies looking for industrial or distribution space, but he hesitates to let too much of that into a space that will include residential areas.
Lawson's next big challenge is a train station, which he hopes will be constructed at the southeast corner of the property in four to five years, roughly where the training track now sits. (The training track will move, possibly to the southwest corner, along with some barns.) There is already a subway track running by the back edge of Woodbine's campus, but Lawson wants a MetroLinx station. In a city that includes an enormous system of highways which are often clogged, he believes a community with ready access to train travel could serve as a live and work location for people.
Coming soon will also be a 5,000-seat music center that can make Woodbine a destination for entertainment events.
And all those people, for Lawson, are potential racing fans. People who live in this imagined community could sip their coffee while looking out over the track during morning training.
Of course, that many extra eyeballs come with some risk for a racetrack. What if people look out their windows and see something they don't like?
Lawson thinks the opposite is more likely.
“The people who work here, they'd do anything for these horses,” said Lawson. “If people can understand how much people love and care, and that this isn't really the sport of kings but is about hard-working people who love horses, I think if more people understood that, we'd benefit from it.
“I think the more people that get exposed to racing, the more they'll understand that this is what these horses want to do. They're born to run, they're bred to run, and that's what they want to do. The people who raise them and look after them and race them care about them.”
It helps that Woodbine has a strong safety record, with fatality statistics that have consistently been significantly below national averages for U.S. racetracks. Lawson attributes that, in part, to the seasonality of racing at Woodbine, where most horses get a break over the winter, as well as the maintenance's team care of the turf and synthetic surfaces.
He's also hoping that exemplary safety record will someday put Woodbine in the running to host another Breeders' Cup. Fans have asked for years why the races have defaulted to jumping between Kentucky and California. While Lawson understands that there's not a lot of interest in another synthetic Breeders' Cup now, he's betting on his view that the better safety record of artificial surfaces will eventually force the industry to change its stance.
“I think we should be considered. I think what's changed a little bit is the focus on horse welfare and the number of surfaces that are becoming synthetic – you're seeing it in New York, you've already seen it in Florida – there's going to be more and more acceptance of that,” he said. “I think there's a better chance now than there was five years ago of Breeders' Cup looking back here. And I know we'd do a great job.
“A big part of Breeders' Cup, of course, is grass racing, and we've even got the inner turf that could be used for the sprints. It's a unique turf course; it's undulating, it's a little bit uphill and the Euros love it. You've not going to see the best Euros come over if they have to run on a seven-furlong inner turf course. It keeps certain horses away. We don't have that here.
“I hope they'll consider it. With this facility and all Toronto has to offer, I think it would be a popular thing. Whether the traditionalists are ready to move off the dirt yet, they might.”
