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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...
Judging the Risk of a Football Betting Portfolio
Understanding how risk can be controlled when betting is sometimes quite a challenge. Learn today how risk can be reduced & controlled when betting on football. Risk management of a portfolio should be an essential part of your betting...
Why Mid-season Breaks Matter in Football Betting
You may have heard the cliché that football is a game of two halves and, indeed, we have written about the statistical differences between the first and second halves of individual matches before.
But when it comes down to the essence of football...
Betting System Concepts For Successful Football Betting
Imagine a trawler boat casting its net indiscriminately into the depths of an ocean. Although we know the fish are down there, ultimately, the only question that can ever be answered with any certainty is, “How many fish were caught?”.
We...
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...
System Football Betting: 2017-18 Winter League Report – 35k in 138 Days
The 2017-18 Winter League Campaign consisted of 138 betting days spanning 10 and-a-half months.
Despite a rocky start and other challenging periods throughout 2017-18, a starting bank of 4,000 units was eventually turned into 38,925.
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Understanding the Settings in Oddsportal
The only free source of historical, time-stamped odds available for a range of sports (not just soccer), comes courtesy of www.oddsportal.com.
From a football perspective, although we personally limit ourselves to analysing only the previous...
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...
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...
A Brief Introduction to Over Under Goals Betting
Over/Under is a very popular form of football betting and where a lot of new football punters start. But just because it is simple doesn’t mean that it can’t be a good way to make money.
Image: Gts (Shutterstock)
Over/Under is a great way...