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Archive: Page 5

Lay the Draw - 5 seasons - fixed stake

Bet and Win – Avoid Placing Bets at the Start of Season

If you are not operating a football betting portfolio which is primarily aimed at diversifying risk and balancing your cash resources between different leagues, matches, and outcomes, then it is strongly advisable to hold off from any betting...
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...
Man weighs money on a scale / Man wiegt Geld auf einer Waage

Top 10 Tips: How to Save Money without Living Cheaply

You don’t need to be a millionaire to live an enjoyable life. Here are the top 10 tips on how to save money and at the same time live a good life, and I mean a really good life. Live your dreams without tightening your budget to a point which...
Young woman agonizing over financial calculations in her kitchen / Junge Frau quält sich mit finanziellen Berechnungen in ihrer Küche

Always in the Red? Control your Banking Behaviour!

Recently, an old friend came along and asked me to have a look at his finances. Despite the fact his monthly net pay was in the region of £2,500, his overdraft was constantly rising. He often found it quite difficult, especially at the end...
Cartoon: Businessmen look on as old timer uses divining rod / Geschäftsleute sehen seinem alten Mann mit Wünschelrute zu

What You Should Know About Value for Money & Personal Finances

The crucial importance of truly understanding the concept of ‘Value for Money‘ first dawned on me when I was appointed by a school in England to sort out their finances in 2003. Despite being a well-funded state school their budget...
Man in suit hiding his head in sand / Mann im Anzug versenkt seinen Kopf im Sand

Are You the Architect of Your own Fortune, or Misfortune?

Richard Wiseman of the University of Hertfordshire is a luck expert: In numerous surveys and experiments he has researched what luck actually is and he has published various books and publications in which he advocates that luck is merely an...
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...
Win/Lose on Dice & Roulette Wheel / Win/Lose auf Würfel und Roulette-Rad

How to Calculate Probabilities at the Roulette Table

Roulette Probabilities and the Maths behind them The rules for roulette tables are designed in such a way that the bank makes money in the long run. It may be a hard truth, but the reality is there is no system to beat the roulette wheel. Nevertheless,...
Business woman holding calculator / Businessfrau mit Taschenrechner

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...

Half-time Results are more Predictable than Full-time

It makes sense, doesn’t it? Predicting the result of a full 90-minute match has to be harder than predicting the outcome of just the first half. Logically speaking, any full-time (FT) football betting strategy must be riskier than betting...