Archive: Page 9
Two Completely Legal Tricks to Hide Your Identity
When you surf the internet your computer is given a public IP address. This address determines accurate information about your computer and its location. Simply put, without proper safeguards, anonymity when using the internet no longer exists...
Liquidity at Betting Exchanges – Which are the Best?
For serious bettors and professional traders, betting exchanges are the most convenient and reliable platforms.
Bookmakers are often very quick to limit stakes and/or close accounts of successful customers, or void individual bets or even whole...
1×2 Football Betting – How to Compile a Winning Portfolio
This article moves away from betting on individual teams, and pushes strategic thinking further up the knowledge ladder.
The method described below explains how to use our HDA simulation tables for recognising profitable 1×2 betting strategies...
Online Gamers Find Entertainment in Betting and Gambling
Most people use ‘betting’ and ‘gambling’ as synonyms, but they are not interchangeable. Online gambling sites capitalize from both types of risk-taking. Similarly, hard-core gamers are being entertained whether they choose...
One Man doesn’t make an Army – Wizard of Odds sells for $2.35 Mio
Following the September 2014 sale of his business, Wizard of Odds, for a cool $2.35 Mio, there is no doubt that Michael Shackleford has talent in spades. However, a particularly unique skills set doesn’t necessarily guarantee success.
Before...
The Gambler’s Ruin Explained – Fair Coin Flipping
One of the phenomenons of probability is Gambler’s Ruin. The most common meaning is that a gambler with finite wealth, playing a fair game (that is, each bet has expected zero value to both sides) will eventually go broke against an opponent...
Why Football is Better than Sex !
In 2008, a survey carried out by Canon in six European countries(1) came up with the remarkable result that 72 per cent of those asked said they would prefer 90 minutes watching their favourite team rather than an intimate evening with their...
Arbitrage between Bookmakers and Cross Market Arbitrage
(1) Arbitrage between Two Bookmakers in One Betting Market
This is the classic form of sports arbitrage (sure bets) in football betting.
The arbitrage opportunity relies on at least two bookmakers evaluating the same event differently, each...
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...
