Jim Feist (James Feist) is involved in the sports information and sport gaming industry who resides in Las Vegas, Nevada. What is formerly called a tout. He provides a betting opinion on various sporting events. He is compensated by selling this opinion
Feist started wagering on sports some 40 years ago and learned the ins and outs of surviving in a rundown pool hall in Freeland, Pennsylvania. In Freeland, developing point spreads on high school basketball games, it was Feist's job to contribute the information on player status, and in the process developing an understanding of the power of accurate information applied through hours of meticulous preparation.
Feist acknowledges that "sports betting is neither a science nor an art"[2]. Many skeptics of sports handicapping contend with his theory, they believe that it is a service based on insider information, which helps determine the outcome of a game. Some say that handicapping is not a skill, rather a career based on paying off the right people and making lucky guesses. Conversely, Feist believes it is a game based on preparation. He believes that adequate and sufficient preparation "affords you the luxury of complete analysis"[3].
He is an author of books, including College Football Annuals. He is a panelist on the TV show, Proline. He is also the creator of a 24 hour score phone service and website providing sports information worldwide.
There is some controversy over whether or not what Feist Does is legitimate. In fact, check out
http://www.chokingsports.com for more information.
Christenson, Nick (Tuesday November 22, 2005). "Review of Complete Guide to Football Betting", National Sports Services, Inc., pp. 1. Retrieved on 2006-12-22. ^ Feist, Jim & Sturgeon, Kelso: "The Complete Guide to Football Betting", page 5. National Sports Services, Inc., 1997. ^ Feist, Jim & Sturgeon, Kelso: "The Complete Guide to Football Betting", page 12. National Sports Services, Inc., 1997. Feist, Jim (1997). The Complete Guide to Football Betting. National Sports Services,The New Zealand Racing Board (NZRB) is a statutory body for all New Zealand sports betting, including betting on horse racing and greyhound racing. Established under the Racing Act 2003, the NZ Racing Board’s principal objective is to initiate and develop policies that promote the development of New Zealand racing, and benefit its many diverse members including the thousands of people who derive their livelihood from the racing industry.
The responsibilities of the NZ Racing Board are to:
Run the TAB, New Zealand's sole provider of betting on racing and sport; maximise betting profits for the long-term good of New Zealand racing; and promote the racing industry. The Board is also responsible for distributing industry profits and developing and monitoring the rules of racing. Initiatives aimed at meeting these responsibilities include:
Boosting the entertainment factor at the racecourse Setting the racing calendar, scheduling racing year-round to maximise its entertainment value and profitability Improving customer facilities at racing venues Harnessing new technology to meet customer and industry needs Fostering more and wider ownership of racehorses and greyhounds Benchmarking racing clubs and events against best practice, to achieve best performance Containing costs and increasing efficiencies — within the NZRB itself, and also industry-wide The NZ Racing Board’s income comes from TAB betting revenue. The NZ Racing Board operates 750 TAB outlets throughout New Zealand as well as On-course Tote Terminals, Internet, Phonebet, Touch Tone and SKYbet wagering channels. TAB Touch Tone, Phonebet and Internet wagering channels service more than 100,000 TAB account holders.
The TAB offers a wide range of totalisator and fixed-odds betting products. Just over 80 percent of the betting dollar is returned to the customer. The rest is returned to the racing and sporting codes, after tax and NZ Racing Board costs.
In the 2006/07 racing year, $112.7 million was returned to the New Zealand racing codes and more than $2 million was returned to New Zealand sporting bodies. Winston Peters is the current Minister of Racing.
TAB wagering channels
The TAB has several different wagering channels, tailored to meet the requirements of its vastly varying customers:
Betting at racetracks on raceday A national network of streetfront and social venue betting shops, one of New Zealand's largest retail networks A national chain of call centres. The Phonebet centres handle more operator-assisted calls than any other New Zealand call centre New Zealand's only betting website, A Touch Tone phone betting service Interactive betting on SKY digital TV Other betting channels exploiting emerging new technologies are in development. Wagering channels are constantly evolving to provide a premium standard of customer service.
TAB wagering products
The TAB initiated the world's first Government-run totalisator wagering service in 1951. Today a growing range of tote bet types is on offer, from win, place and each way to Poker and All Up bets, Easybets where the computer picks the runners, weighted towards the favourites, and Percentage betting to cut the cost of placing a bet.
In 1996 it added fixed-odds betting to its stable when the TAB began sports betting. Now 29 sporting codes are covered including matches and fixtures around the world, from rugby football, soccer and cricket to sheep shearing. As with race betting, a proportion of every betting dollar is returned to the New Zealand sporting code on which the bet is taken. The choice of sports betting products included head to head, half / full time double, winning team and margin, and more.
Fixed odds betting is also available on racing, through Futures books, and Final Field.
In June, 2007 Australian racing product became available to New Zealand customers through the commingling of the Australian Super TAB and New Zealand totalisator pools. More recently the Tabcorp agreement has been extended to include Australian wagering on New Zealand racing product. Commingled pools and the expansion of the New Zealand and Australian race programmes provides increased wagering opportunities for customers in both countries. The New Zealand TAB now also take betting on a selection of races from America, England, Hong Kong and Singapore.
