Demystifying Betting Myths
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Tag Archives: gambling

Young attractive lady in depression at roulette table / Junge attraktive Dame sitzt depressiv am Roulettetisch

Self Check: Do I Have a Gambling Problem?

You may have chosen to open and read this article because you have a gambling problem, or perhaps you are trying to help a family member, or one of your friends? Most gamblers will have come across the expressions “responsible gambling”...
Sexy brunette showing red card / Sexy Brünette zeigt rote Karte

Football Addiction – Am I Addicted to Football?

Most people are passionate about a particular subject or have a time-consuming hobby. Unfortunately, this enthusiasm may in some individual cases develop into extreme fanaticism which may become a tough test of the patience and loyalty of others. Image:...
Man jumps from word Impossible to Possible / Man springt vom Wort Unmöglich zu Möglich

Sports Betting for a Living? Is Earning Money from Gambling possible?

Whether it is possible to earn money from gambling and make a living from betting are questions which seem to bother many punters. To give the short answer… Yes, it is absolutely possible to make money with sports betting. Image: Gualtiero...
Dollar notes / Geldbündel zusammengerollter Dollarscheine

How to Calculate Losing Streaks & Optimal Bankroll

In this article we will teach you to determine how large your starting bank needs to be to avoid bankruptcy by calculating the longest losing streaks that can be expected from your chosen betting strategy. What is Bankroll Management? Bankroll...
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...
Closeup of bunch of skeleton keys / Nahaufnahme eines Schlüsselbundes

The Ten Golden Rules of Gambling

If you survive the assault course of these 10 Commandments of Gambling then you may have a chance of being successful with your betting activities… There are no more than ten “golden rules” for gambling success and it’s...
Attractive man with laptop seated in a tree on a tropical beach / Mann mit Laptop auf einem Baum in den Tropen

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...
Concept illustration: gambling, roulette & casino / Konzept Illustration: Glücksspiel, Roulette & Casino

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...
Full House Jacks and Queens

Using Poker Odds Calculators and Moving Beyond Psychology

Being a success at the poker table takes a dash of luck, a smattering of psychology and a solid understanding of statistics. Since the growth of online poker caused the average IQ of poker players to increase dramatically it has become even...
African child playing football at the cattle post / Afrikanisches Kind spielt Fußball im Rindergehege

Observations of EPL Football Mania in Uganda

The Start of it All: In early January 2011, this article was one of the first ever written in the Soccerwidow blog. I remember it clearly; another hot, sunny day on the verandah of our residence in Lugala, towards the end of our 2-year stay...