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SPORTS BETTING UTILIZES NEW TECH TO A HIGHER LEVEL

Since May, 2018 when the Supreme Court of the United States officially legalized sports betting, it has been a great kick for the sport betting field to create more new high-tech productions utilizing IT. 

On nations in which the amount of money being rotated and spent on illegal sports betting was really huge, up to 150 billion USD per year like in America, the development of a betting app which can successfully make many people involved and bring back a large proportion of profit for various technology firms. Throughout the period of 4 years, WSC firm of Israel is a close business partner of NBA in applying new tech, namely AVGEN (Automatic Video Generator) to create plays’ highlight videos to summarise some remarkable moments of the basketball plays automatically, even after the official competing minutes of the plays. 

These highlight videos provoke the amenities of basketball fans in particular and sports fans in gểnal in predicting new twists and possibility of the plays. It was the success of WSC Sports that generated the driving force for other “big name” of technology firms such as VSiN and Optimove to invest more money on online sports betting. 

While betting on sports has undergone a quick development in the European nations for many years, America is considered to be the ”newbie” name after the Professional and Amateur Sports Protection Act of 1992 (PASPA) was officially cancelled in 2018. This is also the reason why a lot of renowned betting brands in Europe has flocked into the North America to execute important business investment plans. 

These high tech artificial intelligence have helped betting markets to identify exactly the marketing strategies to develop and penetrate into different customers segments based on personal habits, hobbies and trends. 

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Basic Principles of Sports Betting Strategy

To help you make money or profit from sports betting, there are a few basic strategies or tips that you will want to learn and follow. While none of these sports betting strategies are secretive, following them will help you get your hands on sports betting.

Bettors who do not support any of these strategies are often called quares. And these are the bettors where the sports bookmaker can make a profit from their bet.

Fund management

When you are betting on sports, you should always spend a certain amount of money. This is the amount you are willing to lose when you start playing. As with any type of gambling, you never want to bet on sports for money you cannot afford to lose. Set aside a certain amount that you can use for your bank account for the week, month or season. The general sports betting strategy for money management is to bet only 1% -5% of the amount of your budget.

For example, if your budget for an NFL season is US $ 1,000, you would bet around 10 to 50 dollars for every NFL match you want to bet. Another very important thing is that you should not chase your losses with bigger bets. Usually for some people to bet on sports, the loss is unacceptable and feel to regain it, they need to increase the size of their bet. This is putting yourself in the wrong mindset and will often result in you losing more money. Follow the rules with the size of your budget and seek to increase it gradually over the length of the season.

Don’t bet on emotional turmoil

While betting while awake may seem common sense, you might be surprised that many people bet on sports under the influence of alcoholic beverages. Is it a coincidence that Las Vegas casinos offer free alcoholic drinks while you are gambling? Betting while affected will reduce your judgment and should definitely be avoided if you want to become a winning sports bet.

The second part of this tip is to not bet on emotional disturbances. Going on tilt or tilting is a term commonly referred to as poker players and basically means letting your emotions dominate, which often leads to bad decisions.