Two-Ball Alternative The alternative are bets that sound like golf games themselves: two-ball and three-ball, depending on the size of the player groupings in any given round of any given tournament. The chances of picking winners are greatly increased, and the odds of underdogs in the group can be quite appealing given the limited number of players.
Players typically tee off in threesomes in the opening two rounds of a tournament, and twosomes in the latter two rounds. Some books allow for betting on a tie as well, while others void the bet in that instance. Bets can also be voided or impacted should one player in the grouping not tee off, or withdraw before the round is complete.
Who to Choose? Which players to choose for a two-ball or three-ball bet? Also, which round are you betting on? Early rounds allow more room for underdogs to rise up, where final rounds carry a degree of pressure that not every player has faced before.
Research and Strategy Breaking the immense field down into more digestible pieces helps a bettor make a clearer assessment of each grouping, and better manage risk. Achieving regular returns in the two-ball or three-ball markets takes research and practice, and savvy golf bettors go in with a strategy of how they want their wagers to be placed.
And in states where such wagering opportunities remain elusive, bettors are simply hitting their cars to cross state lines, finding a spot willing to take their action. Residents of New York City drive over the George Washington Bridge to New Jersey and lay down their bets via smartphone or tablet, from the parking lots of nearby Starbucks coffee shops. Sports betting is legal in New York State, but mobile wagering has not been put into effect and in-person betting is limited to upstate casinos.
Most every brick-and-mortar gaming company—including the big ones like MGM Resorts International, Caesars Entertainment and Station Casinos—is getting in on the action, using their expertise to gain a foothold in the online sports betting market. Employees track movements of betting lines, inflows of cash, sides being taken, changes initiated by competing teams.
U ntil the mids, sports betting was strictly a hand-to-hand, cash transacted business. If you lived outside of Nevada the only place in America where it was legal to bet on sports until the spring of , when Delaware and New Jersey jumped into the game , you knew a guy who knew a guy, he told you the line and you made a wager.
Then, as now, the books earned revenue by taking a 10 percent fee known as vigorish, or vig. The route to placing a wager began to transform when increasing numbers of people started using the Internet, thanks to the advent of browsers such as Mosaic and the launch of companies like AOL.
In response, an outfit called Intertops—cooked up in Germany, based in the U. The groundbreaking site went on to court players from around the world including the United States in a gray-area industry. Newcomers like NASA, Cascade and Hollywood soon jumped into the fray, often run by bookies who had fled the United States due to the strict anti-gambling laws of the time.
Sports-gambling supremacy moved to the offshore operators. From the Vegas casino bosses, who largely lost their collective stomachs for taking large bets from potentially knowledgeable gamblers, a sigh of relief may have been breathed. Despite all of their technological savvy, though, offshore setups still followed traditional bookmaking models and most of their customers were serious gamblers, like Rodman, who cared about cultivating outs and were not going to be wowed by marketing gimmicks.
That changed in with the launch of Bodog. Fittingly, it was driven by slews of come-ons and a good-looking interface. But you will never dominate this industry with a world-class bookmaker and average technology. Make mistakes on the marketing side and you get lost in the chaff of the industry. Nobody will even know you exist. Passed in , it kiboshed much of online poker in the United States and made it difficult for even the craftiest of offshore sportsbooks to process payments and do business.
Some have found workarounds by opening thinly disguised skins for U. The site just provides a place to wager. These places earn a fortune because the bookie has to pay them per head for his customers to bet on the site. They came on as sites specializing in daily fantasy sports known as DFS , which allowed for gambling without offering opportunities to bet on specific teams. Federal law allows fantasy sports betting and individual states to decide whether or not they want it to go on in their territory.
Nevada is among nine states that outlaw DFS. As locales began to legalize and license sports betting, both sites were perfectly positioned to capitalize on the scads of customers who wanted to bet games, have fun, be legal and, perhaps best of all, not take it too seriously.
I describe FanDuel as a second-screen experience.
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