Former match-fixer advises limiting online bets

“Even if licenses are given to some companies, betting should be limited to high-level leagues which are not easy to corrupt.”

Perumal said that since football outside the top leagues is “not a lucrative business,” club owners and players relied on revenues from match fixing.

“I would be crazy to fix a match that I get no financial benefit from,” Perumal said.

The Singapore native, whose testimony has also helped convict several of his former associates in his homeland, says he does not feel any “imminent threat” to his life.

“In order to stay afloat, some clubs and some players are still involved in match fixing, especially” in less developed regions in Eastern Europe and Asia, he said.

He added that while football authorities like FIFA and UEFA had introduced some measures to cut down on corruption, “to stop match fixing completely is something that I don’t think can happen” for now.

Perumal, now living in Hungary, on Wednesday presented the local edition of his book “Kelong Kings,” which details his exploits and shows “to what extent football and football betting are corrupt.”

Players’ high salaries in the top leagues would make bribing efforts too expensive.

Perumal is also the key witness for the prosecution in a Hungarian trial involving 12 defendants, including Tan Seet Eng, a Singaporean also known as Dan Tan, the alleged head of a crime syndicate suspected of rigging matches around the world.

BUDAPEST, Hungary (AP) — Limiting online betting to matches in the world’s top leagues would help cut down on fixing because those games are not as easy to manipulate, according to convicted match-fixer Wilson Raj Perumal.

“I’m not under witness protection,” Perumal said.

“The best thing to do is to curb online gambling,” Perumal said. “If someone wants to take revenge it is not in my hands but I’ve enjoyed my life and I’m not afraid to die.”

Perumal, who said that now he only gambles on football “for fun,” speculated that a few years back a match in Hungary — on which bets of 250,000 euros ($312,000) could be placed in Asia — could be fixed by giving each of five players 10,000 euros ($12,500).

The Best Horse Racing Books

MPH contains a complete overview of the classic Sartin Methodology by its best-known (and perhaps most successful) practitioner. I’ve divided this article into two sections, one focusing on handicapping books, and the other on more general interest books. The focus here is on non-fiction books, although there’s no shortage of fictional horse racing books. A great book to dip into when a losing streak has you looking for new ideas.

Commonsense Betting by Dick Mitchell

Winning at the track takes more than good handicapping. Nack gives us a ring side seat for all the twists and turns leading up to his incredible Triple Crown Campaign. Beyer on Speed gives a solid overview of how speed figures are made as well as how they might be employed for betting success. I particularly enjoyed Ragozin’s war stories about his experiences as a horse owner and bettor (he and his partner Len Friedman have poured millions into the parimutuel pools over the years). I’ve spent countless happy hours with this book revisiting some old friends as well as learning about the greats before my time. My favorite part of the book details Beyer’s expedition into the virgin territory of Australian racing, where he attempted to use his figures to conquer the fat betting pools down under.

Stud: Adventures in Breeding by Kevin Conley

A behind-the-scenes look at the world of high-class breeding, where millions of dollars are at stake, and wealthy breeders roll the dice as they “breed the best to the best and hope for the best.” Conley gives as a look into the breeding life of the great sire Storm Cat, as well as the Godolphin breeding operation, where Dubai’s Sheikh Mohammed bin Rashid Al Maktoum spends tens of millions trying for that elusive Derby winner

Betting Thoroughbreds by Steve Davidowitz

For my money this is the best general handicapping book ever written, and a great place to start for novices looking to expand their knowledge as well as more seasoned players looking to move up. Beyer always interleavens his handicapping books with lots of good stories that bring out the magic of the track from the bettor’s point of view.

Modern Pace Handicapping By Tom Brohammer

If you only read one book about pace handicapping, this should be the one. Crist, an executive and columnist with the Daily Racing Form, has ably filled that hole with this book, which offers some solid strategies for tackling both single and multi-race exotics. I can’t imagine a horse racing fan who won’t enjoy paging through this book.

Handicapping Magic by Michael Pizzolla

There haven’t been a lot of additions to the body of handicapping knowledge since the glory days of the 70′s and 80′s, but former Sartin disciple Pizzolla at least contributes something new with his Balanced Speed Ratings and Fulcrum Pace. He also provides a figure method for the turf based on late speed as a deciding factor.

The Best of Thoroughbred Handicapping by James Quirin

Quinn was the most prolific of handicapping writers in the 80′s and 90′s. In addition to an excellent chapter on money management, Mitchell teaches you how to calculate the cost of any exotic wager, make an odds line, as well as how to know when a bet is offering value on the tote board.

Kinky Handicapping by Mark Cramer

Cramer is one of the most entertaining and thought-provoking handicapping writers there is, and Kinky Handicapping is his magnum opus. The book is more notable for its exiting narrative than its handicapping secrets, but speed figures and track bias played a large part in his success.

Secretariat: The Making of a Champion by William Nack

Nack is a long time Sports Illustrated writer who had unprecedented access to the great Secretariat and his connections during “Big Red’s” amazing career. In this book, recently republished by DRF Press, he brings together a comprehensive overview of most aspects of modern handicapping theory. Not a great place to start for the novice, but well worth reading for more experienced players.

Exotic Betting by Steven Crist

Most of the best handicapping books were written before exotic betting came to dominate the mutual pools, and this has left a big hole in the literature for horseplayers seeking the big score. Crist is a pick six specialist, and his treatment of how to use multiple tickets to tackle that difficult bet is well worth the price of the book.

Handicapping Books

Horse of a Different Color by Jim Squires

A great account of what it’s like to be a small time breeder by Jim Squires, the former Chicago Tribune editor turned thoroughbred breeder who hit the big time when he bred the Kentucky Derby winner Monarchos.

The Race for the Triple Crown by Joe Drape

New York Times writer Joe Drape gives an excellent history of a year on the Derby Trail among the high class stables of New York, a world far removed from the scrape-along lifestyle at most race tracks.

The Odds Must Be Crazy by Len Ragozin

Ragozin is the creator of the famous “Sheets” performance figures (which some consider a bargain at $25 a pop), and this autobiography cum handicapping tome gives a broad overview of how the numbers are created as well as how their users employ pattern matching to find live horses that may offer solid value in the mutual pools. Quinn gives an introduction into how figures are made, as well as their application as part of the general handicapping process. Cramer virtually invented the idea of unconventional handicapping as a way of uncovering hidden value, and here he offers ways to use pedigree handicapping, company lines, and other contrarian methods to beat the speed handicappers at their own game.. Davidowitz gives a solid treatment of virtually all aspects of handicapping from speed and pace handicapping to workouts, conditioning, trainers, pedigree, and betting strategy. There’s something about the beauty of the thoroughbred and the color of the backstretch that brings out the lyrical side of many writers. It also requires solid money management, and that’s where Commonsense Betting comes in. What are the best horse racing books?  Horse Racing has an excellent body of literature that surpasses most sports in its quality and variety. If you’ve ever wanted to know about feet-per-second calculations, early, late and sustained pace, decision models, track profiles and all the other tools of high-tech pace handicapping, this is the place to start.

Figure Handicapping By James Quinn

As the title suggests, speed and pace figures are the focus here. Meadow is a serious player and the information here is rock solid.

Thoroughbred Handicapping State of the Art by William Quirin

Quirin was among the first to do a major computer study of American horse racing. The information is certainly a bit dated, but there’s still lots of good food for thought considering the book was published 25 years ago.

My $50,000 Year at the Races by Andrew Beyer

Andy Beyer always delivers a good read, and this account of his home run year of 1977 when he beat the races for 50 large while splitting his time between Gulfstream Park and the Maryland tracks is one of my favorite racing books ever. Ragozin doesn’t give away the store here, but there’s still plenty of good information as well as an enjoyable read for horse racing fans.

Money Secrets at the Racetrack by Barry Meadow

Many consider this the best book ever written on money management and the mathematical aspect of value betting and exotic betting. A meticulously researched account of Seabiscuit’s rags to riches story, as well as that of his owner, trainer, and jockey.

Speed Handicapping by Andrew Beyer

By the time this was written in 1993, speed figures had lost most of their value in the parimutuel pools, but Beyer is nothing if not a die hard figure player. Sadly, several of the books mentioned here are out of print, but they can often be found on ebay or at abebooks. A must for every horseplayer’s bookshelf.

Champions by Daily Racing Form Staff

An awesome collection of lifetime past performance for every eclipse award winner since the 1890′s. Here are my choices for the best horse racing books.

Laughing in the Hills by Bill Barich

Barich is a terrific writer, and here he gives a wonderful account of bumming around the Northern California racing circuit in the late 1970′s, marking time and getting to know the colorful denizens of the Golden Gate Fields backside.

General Interest Horse Racing Books

Seabiscuit: An American Legend by Laura Hillenbrand

A book that hardly needs an introduction, given the sensation it made when published. A great portrait of the greatest horse of all time.

The Winning Horseplayer by Andrew Beyer

Written in 1983 it’s still an excellent introduction to trip handicapping and how to relate trips to speed figures. This book covers speed and pace figures, Quirin Speed Points, pedigree handicapping on the grass, even trip handicapping

Popular San Francisco Restaurants – InfoBarrel

This is a distinctive new place for friends and family to gather and enjoy Contemporary American cuisine in Presidio Heights. This trendy and contemporary restaurant specializes in Vietnamese cuisine. The masterfully prepared courses are beautiful to the eye and include: Foi Gras “Log” with pickled morel mushrooms, vanilla and almond praline; Pigeon with beetroot, borage, oxalis and brioche veloute and Arctic Char with hazelnut, squid, liquorices and uni. Their homemade Espresso Stracciatella ice cream superbly enhances the exquisite dessert wine menu.

Atelier Crenn Poetic Culinaria. Choose from a creative variety of spring roll, oyster and sparerib appetizers. This is a popular Italian-inspired cuisine restaurant situated in the Jackson Square neighborhood of San Francisco and housed in a rustic brick and timber historic building that dates to 1907. Atelier Crenn Poetic Culinaria: 3127 Filmore Street, San Francisco, CA 94123, (415) 440-0460.

The House. Turmeric Poached Chicken with preserved lemon and Boudin Blanc with homemade sauerkraut are some of his favorites. The Slanted Door: 1 Ferry Plaza, (415) 861-8032.

Any popular San Francisco restaurants list could go on for miles and miles. It is housed in the Ferry Building with amazing views of the San Francisco Bay. The House: 1230 Grant Ave., San Francisco, CA 94133, (415) 986-8612.

Spruce Restaurant. Their menus are ever-changing, inspired by the availability of fresh and superior ingredients from a network of California purveyors. The Chef Tasting Menu is $115 and well worth it. This tiny-twenty or so tables-Asian fusion cuisine restaurant is a favorite to many in the North Beach neighborhood of San Francisco. Their menus include: a la Carte, Chef’s Tasting Menu, Artisanal and Farmstead Cheese Selections and Desset Menu. Imaginative meals in a pleasant setting keep many locals coming back for lunch and dinner on a regular basis. Chef Mark Sullivan’s creative style offers simple and refined dishes that allow the flavor to take center stage. The entrees are thoughtfully prepared in unique combinations like Claypot Chicken with caramel sauce, chilies and fresh ginger or Pan-seared Scallops, spinach, and spicy pineapple-coconut sauce. Spruce: 3640 Sacramento St., San Francisco, CA 94118, (415) 931-5100.

Quince. Baccarat crystal chandeliers create a dramatic effect-augmented by the large Japanese contemporary paintings. They offer a rich blend of Vietnamese street food and fresh California Farm ingredients. A variety of artisan cheeses: Coconut, Rhubarb, Pistachio and Pear are exquisite. We’ve compiled a few of the best restaurants in San Francisco with savory menu details and compelling nuances in innovation and charm.. Their wine cellar has over 800 selections with emphasis on red wine from the Italian Piedmont Region. Some selections are Scallop Carpaccio and Caviar; Faella Spaghetti with Sea Urchin and Agretti and for dessert a scrumptious Huckleberry Souffle with Limoncello Sauce. They have created a dramatic area for private dining with Murano chandeliers and silk drapes, also with other semi private areas for smaller groups. French cuisine in the marina area offers a new restaurant that is getting rave reviews. Quince: 1701 Octavia St., (415) 775-8500.

The Slanted Door. This is on several San Francisco restaurants best list with its charming surroundings ensconced in brown mohair walls and soft, oversized faux ostrich chairs. The organic food is bought from local farmers and ranchers fresh each day. This soothing atmosphere and design by Olle Lundberg offers artisanal spirits, hard-to-find Chinese teas, organic biodynamic juices and Reisling-driven wines. This city on the bay offers the finest restaurants and most exquisite and diversified cuisine on the planet. They have creative presentations of innovative food that is tasty and expensive. The dinner menu offers an east meets west fare featuring Kurobuta pork chops with pomegranate currant sauce; Grilled Sea Bass with garlic ginger soy; and white shrimp with Chinese chive dumplings. The food here is consistently excellent, always served to perfection, with a staff that does not miss a beat

Las Vegas Strip on a roll in November – San Francisco blackjack

Baccarat offers some of the lowest odds at the plush casinos on the Strip with the Banker bet only at a 1.06% disadvantage to the house. A few years ago, blackjack was the leader of table gambing profits until some casinos decided to pay 6:5 on blackjacks instead of 3:2. Many blackjack games now hit on soft 17 (dealer hitting S17 adds .20 to the house edge) and decks are increased to eight to lower the chances of receiving blackjacks. Table game revenue surpassed slot machines as “smart” players revolted against the one armed bandits in favor of lower house percentage games such as craps or mini-baccarat. The percentage won from 21 players is lower because some casinos wrongly assumed that the higher house percentage would reflect in higher profits. Baccarat was again the cash cow for Strip casinos with $92.7 million in winnings while surpassing blackjack. How come the game with such low odds as baccarat, is the biggest money-maker on the Las Vegas Strip?

TOTAL SLOT     41      48,796         $230,503,000     -3.77            7.20

MACHINES

TOTAL GAMING WIN (Strip)           $473,831,000       8.26

.

Games           Casinos    Tables(strip)  Money Won    % change     % won

                                                                   

TWENTY-ONE    36        1,327          $60,809,000       4.02           11.38

CRAPS                  36          183          $15,158,000    -32.49            9.27

ROULETTE         36          261          $21,378,000      13.39           16.09

3-CARD POKER   31        118            $7,608,000      1.74             28.30

BACCARAT        16          191          $92,710,000        136.29        13.42

MINI-BACCARAT 23           86            $5,539,000       -24.64          11.31

TOTAL GAMES   36       2,650         $236,964,000      23.71          12.57

The profits of Las Vegas Strip casinos in November 2009 were up 8.26% compared to a year earlier according to the Gaming Revenue Report of the Nevada Gaming Control Board released this week

Las Vegas is a gambling mecca during March Madness

There’s this lexicon in place at the outset and it’s very much like a narcotic. There is no second chance.?

NEW YORK (CNNfn) – It’s March 15 and the muted noise that emanates from the slot machines blanketing Sin City just met its match.???

Tip off time for the storied NCAA basketball tournament is 9:20 a.m. In many ways it replicates actually being at the game.”

For the sports books, where bookies operate inside the casinos, March Madness is second only to the Super Bowl. For big spenders, the high-end Bellagio costs $399 and The Hard Rock Hotel & Casino, another NCAA hotspot, charges $329.

Unregulated gambling on sports events ? including office pools, wagers made through illicit bookies and online betting ? accounts for an estimated $360 billion a year, Feldman said. I think it’s very possible.”

Leonardi, however, said the expense is easily justified.

“The thing with Vegas is that you can always rationalize it by saying you might win more than you spend,” he said, noting his trips typically set him back about $1,000, including food, lodging and gambling money. “Others have put forth bills in the House and the Senate that we are very supportive of. They say if it’s going to happen at all it will happen this year. PT? when Kentucky meets Holy Cross, and thousands of mostly male sports enthusiasts have descended upon Las Vegas in what has become an annual pilgrimage of sorts to the gambling capital of the world.?

“I’ve gotten people wrapped up into it who aren’t even basketball fans,” Leonardi said. We start looking forward to it as soon as we recover from the depression of it being over.”

“It’s a phenomenon that most people don’t realize,” he said. It’s all of the adrenaline-producing things that sort of get me geared up all at one time.” graphic

“I’m pretty much committed that it is going to be something I do for the rest of my life,” he said. “It’s awfully fun.”

The average visitors stays for 3 to 4 days and earmarks just under $600 for gambling.

“That’s really just the price of admission, and I’d give up 5 percent on pure entertainment value alone,” Curtis said.?

He notes, too, that from a gambling standpoint, “it’s a great value.”

That fun, however, may be about to hit a brick wall.

Congress is set to consider legislation this year that would outlaw betting on all collegiate sports nationwide.

“This is Christmas for grown-ups,” said Gene Leonardi, a 37-year-old resident of University Park, Md., who flew in for the festivities Wednesday for the fourth consecutive year. They would double the penalties for illegal gambling, but most importantly hold college campuses accountable for implementation of their own gambling policies.”??

The general manager of Osage Systems Group, a Phoenix-based computer systems integrator, however, notes the tournament isn’t just about hoops.

Few sporting events inspire such willingness to wager — from office pools nationwide to elaborate Web-based gambling rings offshore. Regionals ? the Sweet 16 rounds — run from March 22 through 25 and the winners move on to the Final Four on March 31 and April 2.

Unlike most professional tournaments, men’s college basketball teams invited to the Big Dance get eliminated after their first loss. On the standard wager ratio ? a $10 payout on $11 in bets ? that’s just 55 cents for every $11 won.

“This could be the last March Madness if the legislation moves through and it passes,” Curtis said.? “They’ve been talking about this since early last year and a bill’s been reintroduced. People come here to bet legally on games but also to watch them on the big screens. Nowhere but Vegas, however, does the frenzy resonate at such a fever pitch.?

graphicThere are no clear estimates for how many NCAA fans flock to Sin City during March Madness, but Vegas packs in some 260,000 visitors on any given day of the year. But mostly they come to cheer their teams on to victory with 200,000 of their closest friends ? and, of course, to put their money where their mouth is.

Regardless of what happens with sports wagering in the coming years, however, Leonardi said he can’t recommend hitching a ride down to Las Vegas during March Madness this year highly enough.

graphicAlan Feldman, a spokesman for MGM Mirage, which owns six major hotels in Las Vegas including the Bellagio, MGM Grand, Golden Nugget and The Mirage, however, said it’s important that lawmakers pass effective legislation.

graphic“You get there and they sell hot dogs and beer for $1 and everyone’s got a stake in the outcome so there’s lots of screaming and yelling,” he said. That compares with the $2.3 billion being wagered on sports games in Vegas.?

Anthony Curtis, publisher of Las Vegas Advisor, a consumer’s newsletter for casino enthusiasts, said that’s what makes it exciting for fans who visit Nevada, the only state in the nation where sports wagering is legal.

“There’s a lot of activity generated during this time of year in the sports books,” said Rob Powers, a spokesman for the Las Vegas Convention and Visitors Authority. That’s a 98 percent occupancy rate in its hotels.

And unless the proposed ban on collegiate sports betting forces him to stop, he adds, his trip to casino country this year won’t be his last.?

March Madness, as the men’s collegiate basketball tournament is known, begins March 15 with 64 teams across the country squaring off in the first and second rounds. Those who bet on the favored team, in those cases, only win if that team covers the spread, or wins by more than 30 points.?

“Our activity pales in comparison to even office pools,” Feldman said.

“The sports books come up with many ingenious ways to get you to put your money down,” Curtis said. “There’s this buzz in Vegas that parallels the buzz of March Madness and it’s like being high all the time; like being a little kid when you can’t wait for Christmas. “The bill (being considered now) does not do anything at all to address the problems of illegal gambling, which is the source of the problem on college campuses,” he said. “Everyone talks basketball and you all have a common bond. “It’s relatively inexpensive for how much fun it is.”

As for the hotels, which are booked well in advance, the cost of rooms during March Madness varies widely. Fans decked out in jerseys and baseball hats from their alma mater bet on everything from total points scored (over and unders) to which of two players will sink a 3-point shot first.

Point spreads help to fan the flames ? especially in the first and second rounds when some of the better teams get paired with low-ranked competitors. In the last 30 seconds of the games everyone gets out of their chairs and they’re screaming and yelling.”?

Shall we dance?

Fanning the flames

The house’s edge in the Las Vegas sports books is just 4.5 percent to 5 percent. Combinations make it harder to win, but they also dramatically increases the returns ? 6 to 1 odds on a 3-game parlay, for example.

They come to get rowdy. They come for the cheap beer. “It’s one of the most popular sporting events that there is throughout the year. If you can’t watch the games in person I don’t think there’s a better place to be than Vegas.”. “You can make a wager and watch on the big screens. “You have to pick who you think is going to win given the point spreads, but people still tend to bet with their hearts.”

Many sports books also use parlays to boost excitement, allowing gamblers to bet on 2, 3 or 4 games at once. The MGM Grand, for example, charges about $130 per night, The Mirage closer to $279 and New York New York will set you back $145 for each night you stay. Bookies set the spreads as high as 30 points per game to even out the odds. “We use this as an opportunity and a place for a bunch of different professionals to all get together

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