Common Mistakes by Novice Sports Bettors

Typically in this space we focus on historically profitable betting systems, various prop betting opportunities and other tools for making sharper bets, but we still see many bettors repeating the same mistakes. Even bettors who can win at the 52.38% ATS rate needed to overcome the -110 juice at most sportsbooks often see their bankrolls dwindle due to…

2014 Canadian Football League (CFL) Futures

The 2014 CFL season kicks off tomorrow night with the Winnipeg Bluebombers hosting the Toronto Argonauts (-5). For those who can’t wait until the NFL season begins, this could provide a temporary fix and a nice source of additional income. We would recommend that our customers add the CFL to their live odds page for…

Supreme Court Deals Major Blow to NJ Sports Betting

Despite the pleas of Governor Chris Christie, the US Supreme Court ruled on Monday that they will not hear the state’s appeal to legalize sports betting. Instead, they will allow the ban on sports betting in New Jersey to continue, effectively closing the door on the Garden State’s multi-year effort to legalize betting on professional…

New Jersey’s Push Towards Legalized Sports Betting

Today on Monday, June 23, 2014, New Jersey found out that the US Supreme Court will NOT hear its sports betting appeal case led by Democratic Senator Ray Lesniak. New Jersey was prepared for this though, and Senator Lesniak has prepared a bill that would allow for private operation of sports betting in the state’s casinos and racing…

Implied Odds

If you’re familiar with sports betting, you understand that there are typically three different bet types available to most bettors: moneylines, spreads and totals (also known as the over/under). Ultimately the goal of a sportsbook isn’t necessarily to predict the final margin of victory but rather to have 50% of the money on each side…

Introducing the Bet Labs Think Tank

We are proud to introduce our new Think Tank feature which allows Bet Labs users to easily share their systems with other users to help improve their overall portfolio of systems.  This new tool optimizes the ability of sophisticated bettors to communicate and share ideas.  If you are stuck creating a system or just need…