- Not so much sports betting, but arguably E-Sports. SKLZ is a platform where developers make games, and gamers can compete against each other and win money. Why is the media still reporting on “Reddit investors” and not hedge fund stock market manipulation? Highly illegal shit is going on and no one is reporting the story.
- If you’re eligible to deduct your sports-betting losses — or any other gambling losses — you’ll do so on Schedule A. Bottom line More than a quarter of Americans like to bet on football, 21% are interested in betting on baseball or basketball, and 20% would put some money down on a hockey game, according to Nielsen Sports.
- R/gambling: All about Gambling. I saw a online promo to match your deposit up to $1000. It requires 20x playthrough which I thought is fine I'll just play black jack a bunch, and I deposited 1000 thru my cc.
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Sports Gambling Reddit
Based on the size of the global sports betting market, it’s no surprise that there are tons of sites offering databases and trend analysis for sports betting. Some sites provide their raw data for free. Others charge for their databases and provide exclusive commentary and proprietary analytic tools.
By combing through past sporting events and familiarizing yourself with different trends, you can gain invaluable insight into predicting the future and become highly successful sports bettor.
What Is the Best Free Sports Stats Database?
SBD Sharp
You’ll have to excuse us for including our own product on this list, but we wouldn’t have created this tool if we didn’t think it offered massive benefits to bettors. SBD Sharp looks at sports statistics a bit differently, tracking teams over time to determine their standing value as investments and to help you predict how they’ll perform in specific scenarios.
Sports betting losses are tax-deductible, but under very specific conditions. The most important of these conditions is that you can’t claim losses that total more than your gains. So, if you lost $5,000 on sports betting last year but took home $7,000 in the end, you’d be able to deduct all of those losses.
SBD Sharp will help you identify which teams offer the greatest return on investment as moneyline, point spread, or totals bets. You can look back at each team’s past records to see how much money you could have made betting on every individual game or the season as a whole.
Sharp tells you not only which games each team has won or lost. It tells you when you would have profited betting on them, and how much you would have made. It’s a betting trend analysis tool, and it’s an ideal solution for those who want to track sports bets and teams as investments over time.
You can choose from a number of formats to display the data, and filter the results by the following criteria to show you the best teams to bet on: at home, when away, as favorite, as underdog, as home favorite, as home underdog, as road favorite, and as away favorite. Handicapping is all about finding statistics and information that tells you how a team is likely to perform in very specific situations.
Evaluating these trends over the course of a season is a great way to predict what’s likely to happen the next time your team faces similar conditions.
FiveThirtyEight
Some of the sharpest statisticians in the industry work at FiveThirtyEight. Nate Silver (who has appeared on Time Magazine’s’ Top 100 Most Influential People in the World issue) started FiveThirtyEight to write on, analyze, and predict NBA games with an advanced form of statistical analysis by the name of sabermetrics. Nate Silver’s brainchild has applied world-class statistical methodology to predict the future of everything from federal elections to the winner of the Super Bowl.
Not only does FiveThirtyEight make all of their data publically available (thanks for their firm belief in transparency), but they offer a predictive model for both the NBA and the NFL. They employ two different systems: “ELO” and “CARMELO” rankings.
Nate Silver describes them as follows:
“Elo ratings are a measure of team strength based on head-to-head results, margin of victory and quality of opponent, while our CARMELO projections estimate a player’s future performance based on the trajectory of other, similar NBA players.”
Nate Silver created the CARM-Elo model with a combination of both the ELO ratings and CARMELO projections. As a forecast model, the CARM-Elo system projects results based on a team’s roster, as well as historical game results. The CARM-Elo model is predicated on over 50,000 simulations of the remainder of the season, and it takes fatigue, home courts in higher altitudes, even distance traveled to games into account. Additionally, when it comes to predicting the playoffs, the CARM-Elo model also gives a small bonus to teams with significant playoff experience.
This is a great model and one that we recommend integrating into your sports bets. Correct more often than not, it’s also free, simple, and efficient. Plus, few have ever found a way make data more aesthetically appealing and exciting than the fine folks at FiveThirtyEight.
What Is the Best Subscription-Based Sports Stats Database?
Killer Sports
Killer Sports is free (although you can purchase other people’s trends on the platform), and in our opinion, it’s one of the best available databases to sports bettors. In the past, the only people who had access to the same extensive data either worked at conglomerates like ESPN or paid thousands of dollars for programs that had to be updated every day.
Now, Killer Sports offers its patented SDQL (Sports Data Query Language) to anyone who subscribes to their services. It is undoubtedly the most comprehensive database available to the public.
What makes Killer Sports SDQL database so revolutionary? It allows users a unique opportunity to build and save their own trends, access team comparison tables, and access statistics that no other database currently offers their subscribers. The possibilities of what you can with Killer Sports data are limitless.
With their weekly reports on new emerging trends in their SDQL database, it’s impossible not to see why Killer Sports is a favorite of “sharps” everywhere.
Sports Gambling Sites Reddit
Which Sports Stats Service Should I Choose?
Reddit Sports Betting
If you’re just starting out, we advocate sticking with the free services. Once you start developing your identity as a sports bettor and get accustomed to the nuances of sports betting a subscription service will help you gain a valuable edge over your sportsbook.