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Newsletter 05

Sunday 25th June 2006          OZmium Pty Ltd  091 184 655

Edited by Guy West

Welcome to the fifth Smartgambler newsletter.

See below for our new FREE memberships to the Cricket and Rugby Union packages.

What an interesting couple of months it's been since the last newsletter. An abundance of sport to bet on, with lots of good Cricket, Tennis, Rugby League, Australian Rules, Rugby Union and now Soccer to bet on.

Nadal won the French Open emphatically at short odds to reinforce the strange situation where taking on the tournament favourite either on clay or any other surface in tennis just seems to lose you money these days. For a while it appeared that Federer was getting close to providing a genuine challenge to Nadal on clay, but the morale sapping loss in 5 sets after holding match points earlier this year appears to have dented Federer's belief that he can beat the Spaniard and the French final turned into something of a rout once Nadal hit his stride.

Wimbledon should be good this year. I'll be particularly watching the talented Tomas Berdych to see if he can take a step forward after looking a possible challenger to Federer's dominance last year. Hewitt fans will be optimistic after he won Queens yet again, but personally I don't like the odds on offer.

World Cup soccer hasn't provided the rich vein of underdog victories it sometimes does. The often underrated African nations haven't caused as many upsets as usual, with Ghana being the only one to really exceed expectations. The Socceroos have surprised some but haven't really achieved a big upset result yet, the impressive aspect of their performance has been more the standard of their play and fighting spirit than any individual scoreline.

For big upsets, AFL football has ruled again this season, but not necessarily to the benefit of punters. The extremely unpredictable nature of the past two seasons, which would normally see a lot of value, has actually proved a real headache due the apparent lack of rhyme or reason in many of the boilovers. Results like the out of form Hawks beating the highly rated Cats by 8 goals in Geelong earlier in the season left everybody scratching their heads. NRL has also stayed unpredictable this season and finding the value seems to be getting harder there as well.

Poker machines are back in the news again, with much being made of the Victorian government's $1 billion tax haul from the ubiquitous machines. Watching the various parties line up strictly according to self interest is an amusing exercise for the cynic. With the licensing under review next year Tattersalls and Tabcorp think the existing duopoly should be kept, with Tatts actually lobbying for more pokies. The Australian Hotels Association also wants more, with every Victorian hotel being permitted at least 5. Racing Victoria also wants more machines, but a break up of the duopoly and surprise, surprise, the Woolworths/Mathieson ALH group also wants the duopoly busted. Social and church groups are needless to say appalled at the suggestion of an increase and want the number slashed.

OZmium News

Cricket and Rugby Union free memberships!
Our previous Cricket expert Damien O moved to Qld for employment reasons and was unable to continue running the group.

Our new Cricket group leader is Mac. Mac has many years of expertise in profitable Cricket betting and should be well known to many of our clients as he has been an active member of several of our other betting packages over the years.

Professor Ray Stefani and Stefan Yelas continue to provide expert Rubgy Union predictions and handicapping.

OZmium has decided to try a new model for providing these two betting packages. To gain access to the private Cricket forum or the private Rugby Union forum you need only open and fund a new bookmaker account from the options provided. They are all reputable and useful bookies offering new account bonuses. Instead of charging membership fees we will be relying on the bookmaker referral commission for new accounts to make these groups viable.

For more information on how to get access to the free Cricket or Rugby Union groups click here

MLB
US Major League Baseball has been good for our group this season, with our American handicappers producing a 23 unit profit so far with plenty of action still to come. Apart from normal pro rata memberships we are once again offering our Pay for Profit deal for big bettors with no up front fee and pay only for profits made. www.smartgambler.com.au/baseball/pay_cc.php

Industry News

Online casino reneges on $1.3 million debt

According to our new expert on casino games Dr Tristan Barnett, there are plenty of possibilities for profitably attacking online table games. But as the item above shows, greed and a lack of attention to disguising your advantage can kill the goose that laid the golden eggs. The thought of someone with an edge in an online table game actually contacting the casino to ask them to increase their limits makes me shudder!

Quiz machines

UK style quiz machines such as JPM's Hangman and Who wants to be a millionaire are appearing in pubs and venues in Victoria. If anyone sees any of these machines in other Australian states (or knows the whereabouts of any) I'd be very interested in hearing about them.

Poker

Only a couple of months now to the World Series of Poker in Las Vegas and online poker rooms are in a frenzy of WSOP package giveaways. I have found several overlays already in tournaments with the AUD $12,500 or more packages up for grabs. This year's World Series looks likely to once again smash all prizemoney records in the emerging sport. Once the field is established I will be taking a close look at the odds for all the known contenders and will try to find some value for our readers.

Anyone interested in discussing poker is invited to e-mail me, or you can visit our poker forum

Help! Programmer or spreadsheet expert required

We are currently looking for someone to help with a project, as per below. If you're interested and have the skills required, please contact guywest_at_ozmium_dot_com_dot_au and quote on price.

Description of project:

One of OZmium's business areas is selling information packages to bettors. Typically these memberships are 1 year packages, but there are also seasonal or even shorter packages that cover periods ranging between 3 to 7 months.

When OZmium is paid for one of these information packages the money is treated as bankable income. We can then use it towards paying OZmium handicappers and other contractors.

However, the money from package sales is not really "earned" at the moment of sale. That membership becomes a liability in that it has to be serviced, otherwise a portion of the money, depending on how far into the membership we are, has to be refunded.

A responsible way of conducting business would be for OZmium to know at all times exactly the amount of financial liability it faced if all membership packages were no longer able to be serviced and had to be refunded pro rata, dependent on how much of the membership remained. (For example, a 365 day membership which cost $365 and had already been serviced for 6 months would constitute a liability of $182.50c.)

What we would like is a spreadsheet or computer program that, if given the membership data, would calculate our total liability so that we could have roughly that amount set aside at any given time in a special account.

The program would have at least the following data fields.

Date of purchase
Amount paid
Date of expiry

The program would need to "know" (or be told by the user) the current date and be able to calculate from that how many days of liability remained on each package and what figure that comes to in dollar terms at the differing daily values of the various packages.

Letters from subscribers

If you have anything interesting to share, feel free to write a short e-mail to me and I will publish it here.

Quote of the day

A man's gotta make at least one bet a day, else he could be walking around lucky and never know it.
Jim Jones

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