Different colored socks aside, Boston is the favorite at In this instance the Red Sox would have to win by two runs or more. The White Sox would have to win or not lose by more than one run. If the Red Sox win , they did not cover the spread. Visit our runline page for more info on this sports betting strategy. One of the best strategies for wagering is betting against or fading the public. This strategy is used primarily for spread and totals betting in basketball and football. Sportsbooks typically know what teams are going to be the most heavily bet from week to week, and they adjust the spreads and totals accordingly to get bettors to bite on their numbers.
And when they do, this gives sharp bettors the opportunity to go the other way and take the least popular side.
This betting strategy covers offseason, preseason and in-season moves, all of which are equally important and should be followed closely so you remain on top of or sometimes even ahead of the latest news. Did a team lose a star player to free agency? Did a team hire a good or bad head coach? Looking at you, Jon Gruden. Is there a quarterback battle in training camp or pitchers who are killing it in spring training that could make the team stronger or weaker than a year ago? Hello Cleveland Browns in the Hue Jackson head coaching era.
The reason? By becoming a specialist in one sport , your betting confidence will grow along with your bankroll. Now that you have a betting edge, take these strategies and make a wager at your sportsbook of choice. Who knows, you might win big and come up with some strategies of your own in the process. Need more winners Against the Spread? The handicapping, sports odds information contained on this website is for entertainment purposes only. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country.
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The vast Walters network also includes a guy on the East Coast known as The Reader, who scans local newspapers, websites, blogs and Twitter for revealing tidbits or injury updates. That information is weighed and plugged into the computer alongside other statistical data -- from field conditions to intricate breakdowns of officiating crews. Armed with algorithms and probability theories, the objective is to find the mispriced team, then hammer the line to where Walters wants it.
He will just absorb the information and then make the final decision. He is the coach calling the plays. Asked about Malinsky's descriptions, Walters says, "He has no clue how my operation runs. Unfortunately, David wasn't successful in what he did, and I discontinued the relationship. Rubalcada, in his position as a runner, didn't know the details of how any bets came together.
Rubalcada says he made his way into Walters' world booking tee times at Royal Links Golf Club, a pricey course Walters owns a few miles off the Strip. Rubalcada says he advanced to a job best described as course hustler, setting up on a par-3 hole with his pitching wedge and offering foursomes the chance to wager on who would make it closest to the pin.
When Walters' gambling operation offered him a job, Rubalcada saw a chance to make huge money. Eventually, he began mimicking some of Walters' betting action with his own funds, relying on an inside source to text whether Walters' bets were real or phony moves. He added to his troubles when he attempted to cover the theft by staging a carjacking, which was captured on hotel video surveillance.
Bettor wins $45, on $15 team parlay | Larry Brown Sports
In the fall, his legal woes escalated when he was jailed for violating the terms of his probation, which included random drug testing and prohibitions on alcohol use and gambling. Rubalcada, who drank heavily during two ESPN interviews, remains in jail awaiting a spot at a drug treatment facility. After Rubalcada was arrested, one of Walters' attorneys visited the county prosecutor's office -- without prodding -- armed with records detailing how the gambling operation was set up legitimately through a limited liability corporation. The move surprised and impressed authorities, as did the fact that a former Vegas detective was overseeing the group's security arm.
They were better set up legally than your average business, let's put it that way. In the sports gambling world, where the house takes a 10 percent cut, bettors need to win Any additional wins represent pure profit -- and when hundreds of thousands of dollars are wagered on a single game, lots of it. Walters gets those extra 2 percentage points and sometimes much more. He has boasted that he has suffered only one losing season in 39 years, and past criminal investigations provide a snapshot of his success. The raid against the Computer Group revealed that the syndicate won an eye-popping More recently, an unsuccessful money-laundering case in found that Walters was consistently winning as much as 58 percent a week, sources told ESPN.
This year, Walters says, he expects to break even.
Report suggests operators shouldn’t block sharp bettors
Another myth about professional gambling is that every big bet is made in Vegas. Placing bets outside Nevada is a legal gray area and, as a result, a subject on which those close to Walters refuse to shed much light. But multiple sources estimate that only a small fraction of Walters' bets are actually placed there. The remainder, they say, happen either at offshore gambling sites or, to a lesser extent, through a network of bookies, many of whom have had relationships with Walters for decades.
Sources say Walters' operation has become more active in offshore sportsbooks, in Europe and in the emerging Asian market. A raid on Walters' office found more than 40 telephones, from which authorities said more than 12, long-distance calls a month were placed to illegal bookmakers in the U. Walters was indicted three times for money laundering in connection with the investigation, but the charges were dropped before trial. Today, sources say, the headquarters of Walters' international operation is located outside the United States.
The last known location was in Panama, according to sources, after earlier offices were based in London, the Bahamas and Tijuana, Mexico. Mastronardo, who says he worked for Walters from to , calls his former boss a genius. But he also witnessed what he saw as a dark side -- Walters could be cunning and openly malicious, he says. Mastronardo, who has also dabbled as a bookie and worked in the Caribbean as an offshore sportsbook operator, says he and 20 or so underlings moved bets for Walters from Philadelphia before he moved to Las Vegas to work out of Walters' headquarters in exchange for a 25 percent cut of the winnings.
Holding court in his airy fifth-floor beach condo in Boca Raton, Florida, Mastronardo, 59, looks fit and tanned, like he just walked off the golf course. But any day now, he will settle into a federal prison for a nine-month stay, the price for pleading guilty last year to illegal gambling and racketeering charges in connection with his post-Walters operation.
While many former associates fear speaking openly about Walters' business, Mastronardo says he has little to be afraid of. Talking about his past work helps ease some of the pain and embarrassment he's caused his family after more than 15 arrests, he says, adding that he's sought counseling to overcome his shame. Mastronardo, an All-American wide receiver at Villanova and 10th-round pick of the Philadelphia Eagles in , says he first met Walters in the s while playing in a golf tournament for high-rolling gamblers hosted by Jack Binion, who owned a large casino in Vegas.
Nearly two decades later, he says, the connection paid off when Walters asked him to move games. One of Walters' major advantages, Mastronardo says, is his focus on smaller college games, which don't attract much action and thus often aren't researched as deeply by bookmakers. Billy's art was to keep that game close to 7 and bet as much as you can without the world finding out about it.
One memorable night, Mastronardo says, he was at dinner with Walters and his wife when Walters began asking about a basketball game. Now you can bet in foreign markets. Some he bets in the casino. Some he bets offshore. Some he bets in different markets. So he uses the market however he wants. But the art was that he could bet a game for a lot of money and nobody would know about it.
But there were reminders that Walters could also be ruthless. Federal agents stopped him before he could leave the bustling McCarran airport terminal and began pressing him to turn over the money, which they suspected was earned illegally. Mastronardo managed to get a message to Walters through Fats, a driver sent to the airport to pick him up. The reply from Walters was matter-of-fact: "Tell John good luck.
After several hours of questioning, agents accepted Mastronardo's defense that he was a professional gambler and allowed him to leave with the money. But the next morning, after Walters got his cash, he issued Mastronardo a warning: "He says, 'Johnny, you know the rules, right? If I don't get the money, it means I didn't receive the money. It means you are on the hook. That is the way it is. Years later, when Mastronardo was operating an offshore sportsbook, he believes Walters planted a whale -- betting parlance for a high roller -- to hit his business.
But after about three weeks, the man was winning so often that Mastronardo shut down his account, suspecting Walters had smartened him up. But it is all fair in love and war," Mastronardo says, shaking his head. And he is very cunning.
He is kind of like a boxer you don't like personally but you respect his skill. Tiger Woods in his prime.
You don't like the person, but you like the golfer. For his part, Walters says he hasn't spoken with Mastronardo in 15 years. I don't recall having any relationship with him. He was a gambler, bet on sports, good golfer and a very personable guy. Authorities suspected that Icahn had tipped off Walters about potential investments that would have affected the price of two stocks and that Walters had informed his friend Mickelson.
Mickelson has since been cleared on one of two inquiries, but the investigation remains open -- though no charges have been filed and authorities refuse to discuss the case. If Walters is never prosecuted, the investigation would join a long list of occasions on which authorities have tried and failed to bring him down. Many politicians, investigators and prosecutors asked that their name not be used in this story, lest Walters tie them up in a lawsuit they can't afford to fight. Walters' closest call happened 30 years ago, when the FBI conducted raids against the Computer Group in 16 states.
Walters was a key member of the group's operations, Assistant U. Attorney Eric Johnson says: "[He] was responsible for getting the bets out. And he had a whole series of bookmakers who were willing to take a bet and send bets out to other people, because they wanted to get that information first, so as soon as they took the bet from the Computer Group they could change their line before they got hit. Walters maintained his innocence, and he was acquitted in a trial filled with plot twists.
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Just ahead of trial, he won a stroke of luck better than pocket aces. Jane Shoemaker, an inexperienced prosecutor new to the Vegas office, was handed the case. Then the government's star witness -- who was to be responsible for guiding jurors through allegedly incriminating evidence from seized records and audiotapes -- suffered a heart attack the night before he was to testify. District Judge Lloyd D. George, a staunch conservative with a reputation for favoring prosecutors, invited him to meet with the lead FBI investigator on the case. George said the meeting would take place only if Walters did not inform his attorney, Oscar Goodman, who had become famous for representing mobsters and would later be elected mayor of Las Vegas.
Walters didn't inform Goodman in advance, but he told him after the fact, according to John L. Smith, who wrote a biography on Goodman. Outraged, the attorney filed a motion to dismiss the case. To allow it to proceed, George recused himself, and he was replaced by a liberal-leaning judge from Pennsylvania.