Archive: Bookmakers Subscribe to Bookmakers
How do Bookmakers Tick? How & Why do they Set Their Odds as they do?
Becoming a successful bettor requires not only a deep understanding of odds calculation but, it is also necessary to understand how the market works and especially how the bookmakers operate.
Of course, bookmakers are in the business of setting...
2017-18 Winter League Report – Bank Management & Stake Size
In the article Finding a System Using the HO/AO Quotient I showed you how to identify profitable clusters where the market constantly over- or underprices the bets on offer and, based on this knowledge, the article Judging the Risk of a Football...
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...
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...
Weird and Funny Novelty Bets offered by William Hill and Notable Payouts
Image: Poznyakov (Shutterstock)
In 1998, William Hill were the first bookmaker to accept wagers via the Internet, and their online betting platform is one of the most sophisticated in the market. (For sports betting alternatives check out this...
Top 10 Crucial Benchmarks for Online Betting Sites
What do professional bettors consider the 10 most vital factors when choosing online bookmaker or betting exchange accounts?
This guide gives you our top 10 things to look out for and check when picking a list of reliable online betting sites...
Why do bookmakers ban their customers, close accounts or limit stakes?
Recently we received an email from a distressed reader who after a very short time scale (just 2 months!) employing a strategy based on our Home-Draw-Away article, found that without warning several bookmakers (e.g. Boylesport, Stan James,...
Oddsportal Archived Odds – Identifying and Correcting 1×2 Odds Errors
As we have mentioned before, one of our favourite sites for collecting historical data is www.oddsportal.com, and in our recent article about the concepts for football betting systems we outlined how to set-up an Oddsportal user account and...
Bookmakers/ Bookies – What are Bookmakers?
A collection of definitions and explanations of “bookmakers” and “bookies” as found in dictionaries, encyclopedias and web sites.
Dictionary definitions of bookmakers
ldoceonline.com (Longman): book‧mak‧er also bookie (informal)
Someone...
Match Abandoned?! Different Rules of Bookmakers and Exchanges
This article focuses on the attitudes of different bookmakers and exchanges towards postponed or abandoned fixtures and the way bets will be affected if you are unfortunate enough to stake a game that either doesn’t start or doesn’t...