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Stake, Yield, Return on Investment (ROI), Profitability – Definitions and Formulas
The terms Stake, Yield (Revenue) and ROI (Return on Investment) confuse many people. We have also noticed many online publications using these terms incorrectly.
This article is therefore a definitive guide to put the record straight…
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Over/Under Goals Football Betting – Course Book Testimonials
We are very pleased that the 2nd edition of our comprehensive betting course Fundamentals of Sports Betting (Betting on Over/Under ‘X’ Goals) is now available for sale. It incorporates four more years of research and development...
What is Value? What is Value Betting?
Value betting is a phrase used to describe an approach to gambling for long term profit. Although this term is widely employed in the sports betting world, unfortunately neither ‘value’ nor ‘value betting’ are anywhere...
1X2 Betting System – Staking the Underdog
Every year we publish HDAFU simulation tables (Home, Draw, Away, Favourites, Underdogs), which model profit & losses for five seasons in each featured league for developing profitable betting systems.
Today’s article discusses the...
Probability, Expectation, Hit Rate, Value, Mathematical Advantage: Explained
Introduction
The terms probability, expectation, likelihood, chance and hit rate are all closely related, and express more or less the same thing. The difference is that before a game one talks about ‘chance’, ‘probability’,...
Value Betting versus Gut Feeling
Surprisingly, it seems that there are many sports bettors who make their selections in much the same fashion as the multitude of people who select random numbers on their weekly lottery slips.
Whilst the lottery player may opt for personal numbers...
What is the Ideal Sample Size for Accurate Predictions?
A common problem faced by data analysts is to decide upon the required sample size.
This can be estimated by using various calculations and distribution functions. However, even if a statistician is readily available, the answer is not necessarily...
1×2 Full-Time Table of Records – Value Bet Detector with H2H history
The 1×2 Full-Time table of records is a compilation of HDA data from 417 completed Value Bet Detector spreadsheets from 24 countries around the world. (League games with H2H history).
The data set represents a statistically significant...
Video Tutorial: How to Input Best Market Odds into the True Odds Calculator
This is the last in our series of video tutorials regarding the filling-in of data into the True Odds and Value Bet Calculator Excel spreadsheet.
Here you will learn the input process of market odds from sites such as www.betfair.com into the...
Video Tutorial: Input Historical Football Data and H2H Results into Value Bet Detector
Our darling Soccerwidow is at it again with another eastern European rendition in our series of video tutorials showing you how to input historical football data into the Value Bet Detector for league games with head-to-head history.
Enjoy the...
