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Author Archives: Soccerwidow

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...
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...
Cartoon: Group looking at a whiteboard with very strange word on it / Karikatur: Gruppe vor einem Whiteboard mit einem sehr seltsamem Wort

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...
Baby with comforter on a touch pad reading the news, in front an open credit card with a lot of Euro bills / Baby mit Schnuller am Touchpad beim Lesen von Nachrichten, in Front eine offene Kreditkarte mit jeder Menge Euro-Banknoten

Are Betting Odds Worthwhile Calculating? Are Betting Odds Always Fair?

Why are there more Losers than Winners in the Sports Betting World? A vast amount of gamblers never achieve betting returns high enough to crossover to the exclusive group of people who make a living from betting. Even worse, the majority of...
GOAL! Illustration

5 Simple Steps to Win Over and Under Betting

In the world of sports betting, most punters focus on 1×2 match results. Punters are driven to find a system for Home-Draw-Away bets, but regrettably, this bet type is actually one of the most difficult to master and to reap reliable profits...
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....
Young woman pointing on a calculator

The Science of Calculating Winning and Losing Streaks

This article is a short journey to the theme ‘risk management’ as we are often asked… How high should be a starting bank? Is 5,000 units enough? Well, there is no standard answer to this question. It all depends on the individual...
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...