Wager Mage
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Where do professional gamblers bet?

There have been 7 crypto gambling operators recommended, Nitrogen (review) 3 times and these operators once. Augur. Eagless. Just Dice. Satoshi Dice. Unikrn. Wagerr. ZenSports.

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The Business of Betting is the world’s leading gambling podcast. It features intelligent conversations with the most successful people in the gambling industry. We have collated and distilled the advice and recommendations given by these experts into the following lists; Around 70 operators have been recommendations on the podcast. These are the top 9 most common recommendations.

Online

Betfair

Betfair is by far the most recommended operator. Betfair gets props for the exchange model which allows bettors to lay and gives the operator no reason to block winning bettors. It’s not all positive, Harry Finlay (ep 25) and Scott Ferguson (ep 35) criticize Betfair for moving their focus away from the exchange on to more traditional gambling products that are less advantageous for the bettor. I used to work for Betfair and I agree.

Other exchanges: Matchbook and Betdaq

Matchook gets respect with 3 recommendations for it’s large liquidity pools and low commission. Betdaq is mentioned 3 times when a guest is talking about Betfair but adds that what they are saying applies to any betting exchange, not just Betfair.

Top Sports

Top Sports have taken Australian betting by storm. They are a new sportsbook but have been recommended 5 times since 2019. They get plaudits for good odds and not limiting winning bettors.

Colossus Bet

Colossus Bet is a UK pool betting operator with jackpots and cash out on accumulators. It is recommended by 4 British horse racing experts who hope it will improve on the old tote.

Brick and mortar

Hong Kong Jockey Club

The HKJC is universally considered the gold standard for a TOTE operator and racing administrator. Bettors come first.

Circa Sports

Circa sports operate sportsbooks in US casinos, particularly in Nevada and Colorado. They are recommended 6 times and are highly spoken of for high limits and treating bettors fairly.

Westgate SuperBook and SuperContest

The Wastage SuperBook and SuperContest is recommended 6 times. This is the biggest betting contest in the world. Entry is $1500 and this year’s first prize is $1.5 million! Contestants pick 5 teams against the spread every week for the 17 week NFL season.

Most not recommended: Bet365

Bet365 get’s a lot of hate for offering poor odds and blocking winning bettors. Bet365 is often used as a symbol to criticize big corporate sportsbooks in general. Parlay Queen Monique (ep 38) is the only guest with a good word to say about Bet365. She recommends them for the convenience and in play options. She displayed low betting acumen.

Do you even crypto bro?

Most professional bettors do not yet use cryptocurrency, as such the most commonly recommended gambling operators are old government currency sites that violate your privacy by requiring your personal information. There have been 7 crypto gambling operators recommended, Nitrogen (review) 3 times and these operators once.

Augur

Eagless

Just Dice

Satoshi Dice

Unikrn

Wagerr

ZenSports

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What does +13 mean on a bet?

Odds expressed in terms of money, with $100 being the standard. If the odds are minus (–), then that amount of money must be wagered to win $100. (e.g. –150 means you must bet $150 to win $100.) If the odds are plus (+), that amount of money would be earned on a successful $100 wager.

What does "plus" and "minus" mean in sports betting?

What does plus and minus mean in sports betting?

What does "plus" and "minus" mean as a sports betting term?

Odds expressed in terms of money, with $100 being the standard. If the odds are minus (–), then that amount of money must be wagered to win $100. (e.g. –150 means you must bet $150 to win $100.) If the odds are plus (+), that amount of money would be earned on a successful $100 wager. (e.g. +150 means you make $150 on a $100 wager.) Money line is also sometimes referred to as “American Odds.” The standard (and often implied) number is –110, meaning a successful bet of $110 would net $100 profit. This is the “juice” or “vigorish” (aka “vig”) for the house or sportsbook. Assuming equal bets on both sides, the house has a built-in 10 percent cut of the action, regardless of the outcome of a particular sporting event. This juice is a way to discourage gamblers from wagering on a heavy favorite. If the Golden State Warriors are listed at –500 to win the NBA championship, a successful $500 wager would only net $100. On the flip side, the plus-minus juice can also encourage gamblers to wager on a longshot. If the Los Angeles Lakers are a +500 to win the NBA championship, a successful $100 bet would net $500.

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