Demystifying Betting Myths
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Author Archives: Soccerwidow

Illustration: Over 2 Goal Line Bet

Understanding Goal Lines in Over Under Betting

Have you ever wondered what the different Goal Lines mean? You can bet on Over/Under 2.5, or Over/Under 2,25 or Over/Under 2. But what are Over 2.5 bets, or even 2.25? There are no half goals! Or quarter goals! It doesn’t seem to make sense....
WikiCommons: Ladbrokes odds for the wedding of Prince William of Wales and Kate Middleton / Ladbrokes Quoten für die Hochzeit von Prinz William von Wales und Kate Middleton

Top 50 Quotes about Gambling, Luck and Money

This compilation contains some of the best quotes we could find related to gambling, luck and money. Since humans have existed they have gambled away their fortunes, and it is probably the fate of man to continue gambling so long as there...
Business woman holding calculator / Businessfrau mit Taschenrechner

Understanding Betting Odds – Moneyline, Fractional Odds, Decimal Odds, Hong Kong Odds, IN Odds, MA Odds

The Two Types of Odds Formats There are all kinds of explanations on the Internet about various odds types, and the majority of them distinguish between fractional, decimal, and moneyline odds. Image: paffy (Shutterstock) Unfortunately, this...
Relaxed in a coconut paradise / entspannt in einem Kokosnuss-Paradies

Is Arbitrage Worthwhile Pursuing? Is Arbitrage Legal?

Arbitrage is ‘Sure Betting’ In the world of sports betting the art of arbitrage involves wagering on both or all sides of an event with the right combination of odds and stakes in place to make a profit whatever the outcome of that...
Businessman shooting himself for business problems

The Gambler’s Worst Enemy: Emotions!

It doesn’t matter where you want to succeed in life, emotions are in play with every good or bad decision you make. In a betting context, emotions are a killer: too many emotive decisions will see long hours of preparatory work wasted and...
Panning for Gold panning - man finding at least a nugget or two / Goldwäsche - ein Mann findet ein Nugget oder zwei

Value Betting – Popular Misconceptions & Common Myths

In many betting forums there are regular discussions and queries about value betting. However, it seems that there are a good number of bettors who believe in myths and indulge false concepts. Image: Jeff Banke (Shutterstock) Here are some of...

Betting Odds Converter – Fractional, Decimal, Moneyline, Hong Kong, Indonesian, and Malay

Quick Odds Converter to switch odds between US, decimal, fractional, percentage, Hong Kong, Indonesian, and Malay formats – converts odds into their implied probabilities and net returns, and vice versa – converts probabilities and...
Woman on rolling Euro carpet / Frau auf einem ausgerollten Euro-Teppich

What is a Bet? What are Odds? What is a Stake?

The only one of these terms which is obviously straightforward is ‘Bet’, and I am sure all of you understand what a bet is. Even the term ‘Stake’, at least so long as it is money related, is easily understandable. Whatever level your...
Nest Egg metaphor with three eggs mapped with dollar bills / Notgroschen Metapher mit drei Eier als Dollarscheine

How to Become Rich – 10 Powerful Books about Wealth and Money

Who doesn’t want to become rich? The answers are here. Embrace them. The rich know things that most people don’t. Learn from the wealthy. One thing that successful people have in common is that they understand it’s not about how...
Three businessmen - See no evil, hear no evil, speak no evil / Drei Geschäftsleute - Seh kein Übel, hör kein Übel, sprech kein Übel

Gambling for Fun or Gambling for Money? – The Truth

When people tell me they gamble for the fun of it, I find this hard to believe. It beats me but I simply cannot see the point of ‘enjoying’ losing money for the sake of it. Honestly, if I would find any pleasure in losing money, I would...