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_Disclaimer: Please note that this review contains affiliate links. This means that we may receive a commission, at no extra cost to you, if you decide to make a bet after clicking through the link. Please understand that we have experience with this company, and recommend it because it is helpful and useful, not because of the small commissions we may receive if you decide to buy something. Always ensure to gamble responsibly._

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Discover why BetOnline.ag is the top choice for online gaming. Our in-depth review covers gaming options, promotions, mobile experience, security, and more. Learn why both novices and seasoned players choose BetOnline.ag for their online betting needs.

Why BetOnline.ag is the Best Online Betting Platform: An In-depth Review

Sports betting has been a popular pastime for centuries, with evidence of betting on sporting events dating back to ancient civilizations. From the Romans and Greeks to the modern era, sports betting has undergone significant changes and developments. In this post, we'll take a deep dive into the fascinating history of sports betting and how it has evolved over time.

### Ancient History:
Betting on sporting events has a long history, with evidence of betting dating back to ancient civilizations such as the Greeks and Romans. The Greeks were known to bet on a variety of sporting events, including the Olympic Games, while the Romans were known to bet on chariot races and gladiator fights. In both cultures, betting was seen as a way to add excitement to the events and was often associated with social status and wealth.

### Medieval and Early Modern Times:
Sports betting continued to evolve over the centuries, with the development of modern sports in the 19th and 20th centuries leading to a surge in popularity. However, sports betting was often met with resistance and was often illegal in many parts of the world. In the United Kingdom, for example, sports betting was heavily regulated and was mostly limited to horse racing. It wasn't until the 1960s that other sports, such as football and cricket, were added to the list of allowable bets.

### Modern Times:
In the United States, sports betting was largely illegal until the Supreme Court struck down a federal ban in 2018, paving the way for states to legalize and regulate sports betting. Today, sports betting is a multi-billion dollar industry, with people betting on a wide range of sports and events around the world. Online sports betting has also exploded in popularity, with many people placing bets via their smartphones or computers.


Sports betting has a rich and fascinating history, with evidence of betting on sporting events dating back to ancient civilizations. From the Greeks and Romans to the modern era, sports betting has undergone significant changes and developments. Today, it is a multi-billion dollar industry enjoyed by millions of people around the world, with many options for placing bets, including online and mobile sports betting platforms.

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Sports betting has a long and interesting history, dating back to ancient civilizations.Today, we explore the evolution and how it has changed over time, from the Greeks and Romans to the modern era.

The Fascinating History of Sports Betting

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Learn how to use Python and pandas to create a comprehensive database of past NHL data!

Scrape NHL Stats and Build a Winning Data Set

Sports betting can be a fun and exciting way to add an extra level of excitement to your favorite games. But have you ever thought about the psychological factors at play when you place a bet? In this blog post, we'll explore the psychology of sports betting and how it can impact your decision-making and outcomes.

When it comes to sports betting, there are a few key psychological factors that can come into play. For example, people often overestimate their knowledge of a sport and the teams involved, leading them to make overconfident bets. This overconfidence can cause them to underestimate the risk of their bets and lead to potential losses.

Another psychological factor at play in sports betting is the concept of "anchoring." This refers to the tendency for people to rely too heavily on the first piece of information they receive, even if it's not particularly relevant to the decision at hand. In the context of sports betting, this could mean basing your bet on a team's record from last season, rather than considering more current factors that could impact their performance.

Furthermore, the act of placing a bet can trigger a psychological phenomenon known as the "gambler's fallacy." This is the belief that, if a particular event hasn't happened in a while, it's more likely to happen soon. In the context of sports betting, this could mean believing that a team on a losing streak is due for a win, or that a coin is more likely to land on heads after several consecutive tosses of tails.

Another key aspect of sports betting psychology is the emotional rollercoaster that can come with wins and losses. It's natural to feel a rush of excitement when you win a bet, but it's important not to get carried away and start making rash decisions. Similarly, it can be easy to feel frustrated or discouraged after a loss, but it's important to maintain a level head and not let your emotions cloud your judgment. 

Impulse betting or betting while under the influence of alcohol or other substances can impair your judgment and increase the risk of making poor decisions. It's always best to bet with a clear and focused mind, and to never bet more than you can afford to lose.



Ultimately, the key to successful sports betting is to approach it with a clear understanding of the psychological factors at play, and to make informed and rational decisions based on the best available information. By keeping a level head and avoiding common psychological pitfalls, you can increase your chances of success and enjoy the thrill of sports betting responsibly.

Additionally, it's important to remember that sports betting is not a guaranteed way to make money. Despite the best efforts of even the most experienced bettors, there will always be an element of chance and uncertainty involved in sports betting. It's crucial to approach it with a long-term mindset and not to get too caught up in short-term wins or losses.

Another important aspect of sports betting psychology is the concept of "chasing losses." This refers to the tendency for some bettors to try to recoup their losses by placing bigger and riskier bets, rather than cutting their losses and taking a step back. This can be a dangerous mindset to fall into, as it can quickly lead to significant financial losses and potentially even gambling addiction.

To avoid the pitfalls of chasing losses, it's important to have a clear betting strategy and to stick to it, even when you're facing losses. This can mean setting a budget for your bets, limiting the amount you bet on any given game, and being willing to walk away when necessary. By approaching sports betting with a measured and disciplined mindset, you can avoid the potential dangers of chasing losses and keep your betting enjoyable and responsible.

In conclusion, the psychology of sports betting can have a significant impact on your decisions and outcomes. By understanding the potential pitfalls of overconfidence, anchoring, the gambler's fallacy, and chasing losses, you can make more informed and rational decisions, and potentially improve your chances of success. Whether you're a seasoned pro or just starting out, it's important to approach sports betting with a clear and disciplined mindset, and to always bet responsibly.


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In this blog post, we delve into the psychology of sports betting and how it can impact your decisions and outcomes.

Understanding the Psychology of Betting on Sports

Once considered a niche interest, esports has exploded in popularity in recent years. From professional leagues and tournaments, to online platforms and streaming services, esports is quickly becoming a major force in the world of sports. And as its popularity grows, so too does its impact on the sports betting industry.

In this article, we explore the rise of esports and how it is changing the way people gamble on sports. From an overview of the most popular esports games, to an analysis of the factors that are driving the growth of esports betting, we have you covered.

First, let's take a look at the esports landscape. The term "esports" refers to organized video game competitions, typically played by professional gamers. These competitions can range from small, local events to major international tournaments, with millions of dollars in prize money at stake.

The most popular esports games are typically first-person shooters, real-time strategy games, and multiplayer online battle arena games. Some of the biggest esports games include League of Legends, Dota 2, and Counter-Strike: Global Offensive.

But it's not just the professional players who are getting in on the action. Esports has also become a major spectator sport, with millions of fans around the world tuning in to watch their favorite gamers compete. This has led to the growth of streaming services like Twitch, which allows gamers to live stream their gameplay to a global audience.

So what does all this have to do with sports betting? As it turns out, a lot. The rise of esports has sparked a boom in esports betting, with many sports bettors turning to video game competitions as a new source of betting opportunities.

But why are people flocking to esports betting? One reason is the sheer variety of games and tournaments available. Whereas traditional sports betting is limited to a handful of major leagues and events, esports offers a much wider range of options, with competitions taking place year-round.

Another factor driving the growth of esports betting is the increased availability of data and analytics. As esports has grown in popularity, so too has the amount of data and statistics available on the players and teams involved. This allows bettors to make more informed decisions and increase their chances of winning.

But perhaps the biggest factor driving the rise of esports betting is the accessibility of the games themselves. Unlike traditional sports, which can be difficult for newcomers to understand, most esports games are easy to pick up and play. This makes them more appealing to a wider audience, including younger, tech-savvy gamers who may not be interested in traditional sports.

As a result of these factors, esports betting is quickly becoming a major player in the world of sports gambling. And with the growth of esports showing no signs of slowing down, it's likely that we'll see even more people turning to video game competitions as a source of betting opportunities in the coming years.

In conclusion, the rise of esports is having a major impact on the sports betting industry. From the sheer variety of games and tournaments available, to the increased availability of data and analytics, esports is quickly becoming a major player in the world of sports gambling. And as its popularity continues to grow, we can expect to see even more people turning to esports betting in the future.

_This article was written with AI._

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In this article, we explore the growth of esports and how it is changing the way people gamble on sports.

How Video Games are Changing the Face of Sports Betting

It has been a long while, but I am excited to announce that Action Backers 2.0 is live in beta! It is better than ever, and I'm not just saying that. This post will be an in-depth look at the new [Action Backers](https://www/actionbackers.com) as well as the road taken to get here.

## An unexpected journey

What a journey it has been. When I first started Action Backers, all the way back in 2018, I really didn't know what I wanted it to be. Mostly, I just wanted to give some reviews on various sportsbooks to help guide new bettors. As somebody who worked in the industry, I got to meet bettors from all walks of life, and really just wanted to give back to the community. 

That was it, just a blog with a few articles about what I liked and didn't like about a handful of sportsbooks. 

Oh, and a 3 episode podcast that about 12 people listened to 🙃.

While this was going on, I started learning how to build models based on data science, as well as what I had learned at my time working for the sportsbook. I started applying this to my NHL betting, and sharing my picks to [twitter](https://twitter.com/actionbackers). As the season raged on, I saw a lot of success, and with that more and more people reached out asking for picks and to learn my process.

### No touts allowed

I decided that if people were willing to pay me for my NHL picks, then I would oblige them. For $100/ month (yes, _just_ for NHL picks. Now $99/month gets you access to the entire Pro plan at [Action Backers](https://www.actionbackers.com)) ... this meant that I would have to take things more seriously, and start documenting everything for members. No problem;. I was a spreadsheet wizard! Even though the lines I got might have been different for other people, or placed at different times, it was _good enough_... 

After a few months of this, this didn't sit right with me. I had always had a strong sentiment against touting, and even though my picks were derived from data, I felt like it was a slippery slope to becoming "one of them". 

>Note: I mean no disrespect to anybody who chooses to solely sell picks based on their handicapping, or data analysis (it's still a part of my business model). I do believe it is a skill, but sadly the industry is so overrun with sheisters that it gets a black eye.

This is also when I started to focus more on the [YouTube Channel](https://youtube.com/actionbackers), which is likely where most of us have interacted. This became a great outlet, and I had more and more suggestions for content/ questions and proved to be a great resource. I still wasn't sure what Action Backers was, or what it could be, but I thought making videos was fun and enjoyed interacting with everybody, so I kept on with it. 

One major set back was seeing a video with over 100k views taken down with no recourse. I almost quit. I'm glad I didn't (even though I haven't made a video in over a year, I plan to start again ASAP. More on this later in the post). 


### A bad downswing

It was halloween 2020, I was driving home from work after one of the most profitable months of NHL betting I had ever had. Members were thrilled and our bank accounts brimming.

Then, November hit. 

For whatever reason, regression to the mean, luck (or lack of) factor, as soon as the calendar turned, the profit graph went parabolic and I entered the worst 3-month downswing of my life. The worst part is I couldn't explain it, and members were justifiably getting worried. A few even started fading me, which proved to be a solid strategy. One thing that I _do_ remember specifically about that stretch is about 34% of the bets went into overtime, and without exaggeration, I think we ended up losing 65+% of those bets. Those are numbers you just can't come back from. 

Needless to say, something had to change. I was already not feeling great about just giving out picks with not a lot of context, and to top it off they were badly losing. 

### Thanks, Rudy. 
![Rudy Gobert touches microphone covid](https://tenor.com/view/rudy-gobert-nba-touching-the-mics-utah-jazz-gif-16564497.gif)

Based on what was going on with the downswing, as well as increasing requests from YouTube goers and members alike to learn more about building models, I decided that I would oblige and create some content around those topics. I knew it would be a large undertaking and I wasn't really sure the best way to go about it... this was in January/February that I decided I wanted to tackle this. 

... and then March of 2020 happened and sports stopped. 

Because we were all locked down with no idea how long it would take for things to get back to "normal", I made a bet of a different type. 

I decided that now was the perfect time to revamp the site and start offering a membership to not only get my model picks (I no longer give out picks, I offer something _much_ better), but also learn the basics of sports betting and build your first model from scratch.

Creating the content took a _long_ time. Hours of planning, researching, recording, editing, re-recording etc. and finally I had content that I knew would be useful because you all were asking for it. 

At this point, we still didn't know what was going to happen with sports, save for a glimmer of hope when Korean Baseball started up, and then the Bundesliga. 

I didn't want to miss the window, so I forewent building a new site, instead enlisting a few crappy plugins to get a rudementary membership site up on the bones of the existing blog. I knew I could do better, but I didn't have the time. 

### How can you not be romantic about baseball?

July 2020. Action Backers launched  just in time for the abbreviated MLB season. And it was a smashing success. Members were learning lots and just as Nov-Feb of 2020 had been a horrible NHL stretch, July - Sept brought winner after glorious winner. But I still knew I wanted more for Action Backers. 

After a year and a half of disappearing Slack chats, manually upgrading/downgrading members, messed up accounts, site glitches, I had had enough. I endeavoured to build Action Backers back up into what I had always wanted it to be. 

**Spoiler** _I still have more in mind for it, this is just the beginning_


### Too much on my plate? 
At the same time that I started planning to rebuild Action Backers, I was fortunate enough to buy a house. But this house was going to be a labour of love. In fact, as I write this post, 18 months after getting the keys, it is still not finished, and I am sitting in my kitchen for only the second night. All of the renovations have been done by myself and my dad (really by him, I don't know what I'm doing...). 

It's been a _**huge**_ project but it's also been a lot of fun. But this is not a post about my house. My point is that while I decided to rebuild Action Backers, I also had another massive project on the go, so _everything_ took much longer than expected. 

First and foremost, I love to code and build web apps. So the building of the new site and web app was an incredibly rewarding process. I had a few starts, stops and re-writes along the way but as of Sunday, November 6 we are officially live with the new site. 

Phew, this was a long read. If you made it this far, thank you. Also, if you made it this far, now I will actually show you what you can expect with the new site. 

## Welcome to ~~Jurassic Park~~ Action Backers

The old Action Backers revolved quite a bit around spreadsheets (I _do_ love a spreadsheet). Models, bet tracking, bet calculators etc. all done in spreadsheet form. That's no fun. 

So with AB2.0, I've built all of that stuff directly in-app. Yes, Pro members will still learn how to build models using spreadsheets, but all of the other stuff can be found directly in the member area. 

For instance, here's a screenshot of the new dashboard:

![Action Backers dashboard](https://res.cloudinary.com/actionbackers/image/upload/v1667019555/ab_dashboard_dark_m7sf9u.png)

At a glance you can see an overview of your net profit and ROI, a breakdown of your profit by league and a snapshot of your recent bets.

The profit chart is another great visual tool for you to see your day-to-day swings. 

Lastly, your pending bets. This might be my favourite feature in the entire platform, let me explain why. 

In the past, if you want to track a bet you would add it to your spreadsheet (_yes, I know there are other bet trackers out there, I didn't invent this idea_), and when the game is over you would grade your bet to update whatever function you wrote to track your results. 

> Fun aside -> when I worked for the sportsbook, we didn't have auto-grading, we literally had to manually grade every single bet. It was extremely tedious but also very competitive and sort of fun?

If you use the in-app bet tracker, while you still have the option to manually grade your bet, you no longer _have_ to. I've written an auto-grader to programatically grade your bets for you. This applies to most major sports. To see all currently eligble sports you can check out the [FAQ](https://www.actionbackers.com#faq).

### Dark mode
That's it. If you want dark mode, we've got you covered. Or use light mode, it looks cool too.

### All bets
We will keep all of your bets safe where you can access them any time in a nice table. Search, filter, all that good stuff. Also, if you want to export your bets to CSV, no problem. Right there for ya. 

![All bets dashboard](https://res.cloudinary.com/actionbackers/image/upload/v1667508247/large_ab_allbets_dashboard_426a0fa67e.png)
  
  ### Tools and such
  Odds converter, Kelly criterion calculator and Expected Value calculator all easily accessible. Nothing earth shattering here, just helpful to have.

We also have direct support for American or decimal odds.

### Par for the course
Of course (lol), betting courses make up a large part of the appeal of Action Backers. Those haven't gone away. I've upgraded the video player for a better experience and more courses will be released in the coming months. All Starter and Pro members have access to all of our video courses.

### The price is right
Pricing is something that I wanted to work on, and to be honest, I've kept the old pricing structure of $69/$99 month and the main difference being the models section. But I also understand that some folks don't have interest in building their own models (video courses), or my model outputs, so for $9/mo we are introducing the **Lite** plan which will allow users to track their bets in-app and see the odds feed, as well as join the Discord community. Speaking of...

### Quit Slacking
We're moving away from Slack to Discord. 🚀

### WAY better billing
So this is not something that really moves the needle until you realize how truly terrible some billing experiences can be. For this new iteration of Action Backers, we've partnered directly with (fancy way of saying we are using their stuff) Stripe for a seamless billing experience. 

Now you will _easily_ be able to:
 - Upgrade
 - Downgrade
 - Cancel
 directly in their secure portal. These things seem like no-brainers, but the old way that this was handled was attrocious and I am sorry for that. 

Oh ya, now you get a 14-day free trial as well.

Finally... 

## The good stuff
Ok, here we go. This is the meat and potatoes of the new Action Backers. Now you can see odds for all major sports directly in-app, add them to your "betslip" and track the outcomes. 

Currently, there is support for most major sportsbooks in North America, Europe, the United Kingdom and Australia. You can choose your "default" book, and those odds will be displayed first, but you also have the option to easily view other sportsbooks in your location. 

![Action Backers odds dashboard](https://res.cloudinary.com/actionbackers/image/upload/v1667666519/ab_odds_dashboard_bnpud1.png)
 Odds are minimally delayed (to the second odds are _really_ hard to get and _very_ expensive, sorry), and you can easily update the odds directly on your betslip.

![betslip](https://res.cloudinary.com/actionbackers/image/upload/v1667969652/betslip_gsesqb.png)

Currently, you can track moneylines, spreads and totals. I am looking into adding support for parlays and exotics such as teasers, 1h etc. but this won't be offered for a while. 

One of the newest offerings is the odds comparisons section. It is still a major work in progress but the basic functionality works decently well. 

![odds comparisons action backers](https://res.cloudinary.com/actionbackers/image/upload/v1667969890/comparisons_dashboard_vunzwj.png)

The gist of this tool is for a given sport, we will compare all odds and return the top 5 best odds for either side. The green highlight means _best_ price, but I have included the top 5 so you can get a sense of the market, as well as factoring in that you may not have accounts at every book. Currently, this works for Moneylines and Spreads.

### Last but not least
The inspiration for the latest version of Action Backers has always been the courses and the models. 

I have spent a _lot_ of time working on the new Models section (**Pro only**) and I think you will love it. 

![action backers model dashboard](https://res.cloudinary.com/actionbackers/image/upload/v1667665845/ab_model_dashboard_xyfbao.png)

#### Moneyline
How it works is for a given sport, it will compare the odds at your chosen sportsbook to the model output. From there, it will calculate the expected value per $100 bet as well as the optimal Kelly criterion % to bet. You can easily adjust your Kelly threshold and change sportsbooks to see different options. 

If you like a bet, click the button to add it to your betslip and it will be tracked just the same as in the Odds section. We've also included the spread option, should you prefer to bet the spread of a given game. 

#### Totals
Totals work a little bit differently than the moneyline. As any game can theoretically have a different total, the models use common game totals per sport (typically 4-5 different numbers), and then give a percentage change of the game going over or under those totals. Those totals are compared to the game total to see if there is an opportunity for a bet. In this instance, Kelly criterion and EV are not applied as it is not always a 1:1 comparison. 

For example, if a game total is 6 and the sportsbook has that at a 54% chance based on the odds on offer, and the model has a 5.5 total at 87% and a 6.5 56%, this should likely be a good bet.

The other big news about models, if you've used Action Backers at all is that no longer do we only offer NHL and MLB. We have expanded to include NHL, MLB, NBA, NCAAB (March madness only for now), and 6 major soccer leagues. 

No, we don't have plans to include the NFL. As much as I would love to, I maintain it is too hard to find an edge. The lines are too sharp and the season is too short to glean meaningful edge. Maybe this will change down the road. 

![Steve Jobs one more thing](https://thumbs.gfycat.com/TerrificPerfectIrishredandwhitesetter-size_restricted.gif)

Pro members now have the option to download a starter template for NHL and MLB models, and my NHL database with over 20,000 data points. This will get you started on your model building path. I told you I still love a spreadsheet!

Thanks for reading. I am _SO_ excited for this new iteration of [Action Backers](https://www.actionbackers.com) and I really hope you love it. 

Let me know your thoughts on [Twitter](https://twitter.com/actionbackers) or join today and hop in the Discord!

👀PS - use code **WELCOME20** for $20 off your first month* in addition to your 14-day free trial!👀

*_Starter and Pro plans only_

✌️- Kellen

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A look at the past, present, and future of Action Backers as well as all of the exciting new features.

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