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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...
Happy man fondles his money tree houseplant / Glückseliger Mann streichelt seine Geldbaum Zimmerpflanze

Top 10 Tips: How to Get Rich with Football Betting?

Does Rich Mean Happy? If you type into Google the exact phrase, “how to get rich in a short time” you will find around 37.5 million search results. That’s 37.5 million web pages tackling the topic of finding wealth. In comparison,...
Higher Mathematics formulas / Höhere Mathematik Formeln

Combinatorics and Probability Theory in Football Betting

Introduction to Combinatorics and Probability Theory This article is a step-by-step guide explaining how to compute the probability that, for example, exactly 4 out of 6 picks win, or how to calculate the likelihood that at least 4 of 6 bets...
Suspended business woman clutching calculator / Hängende Businessfrau umklammert Taschenrechner

How Bookmakers’ Odds Match Public Opinion

A question we often receive from readers is why the Value Bet Detector requires 10 years’ head-to-head (H2H) data and why it is optimised to address matches where there has been a minimum of six H2H meetings in this time frame. Image:...
Hand flipping a coin / Hand wirft eine Münze

What is a Bet? How to Calculate Mathematical Advantage?

It is difficult to believe but, there are plenty of people around who have little idea exactly what a bet is or what is meant whenever I mention being interested in betting or the fact that I run a Web site about online football betting. Obviously...
Man with 4 arms and juggling with calculator, abacus, note pad and pen / Mann mit vier Armen jongliert mit Taschenrechner, Rechentafel, Notizblock und Stift

Calculation of Odds: Probability and Deviation

Calculating odds is a science, and statisticians/analysts, who can do the job competently, receive good annual salaries (GBP 50k-80k; €60k-95k: Quantitative Analyst). These jobs are paid so well because the results form the backbone of each...
Balancing Heart and Mind / Balanzieren von Herz und Verstand

Heart Beats Brain – Is Accurate Forecasting of Specific Results in Football Matches Possible?

The English Premier League results of 5.2.2011 were simply amazing, at least in the eyes of an enthusiastic football fan like my husband. A record number of goals and not many games finishing with the expected result. The following table shows...