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Tag Archives: tutorials-en

Hand puts coins on money staircase / Hand legt Münzen auf Geldtreppe

Greening-Up In-Play at Betting Exchanges

Gambling ‘in play’ provides the opportunity of trading or hedging via betting exchange sites such as Betfair, Betdaq or Smarkets, where this type of strategy is known as greening-up (i.e. two or more transactions performed to produce a ‘green...
Man with fork and money on the dish / Mann mit Gabel und Geld auf dem Teller

Bookmakers/ Bookies – What are Bookmakers?

A collection of definitions and explanations of “bookmakers” and “bookies” as found in dictionaries, encyclopedias and web sites. Dictionary definitions of bookmakers ldoceonline.com (Longman): book‧mak‧er also bookie (informal) Someone...

When to Back Instead of Lay Betting: Asian Handicap; Double Chance; Dutching…

This article explores the alternatives to laying at the betting exchanges in order to bet against a result. Every bettor should try to optimise the financial return from his/her risk, which means finding absolutely the best prices available. Of...

True Odds & Value Detector: League Games with H2H History

In conjunction with our regular match previews published in the German Betfair blog we are pleased to present our league match with head-to-head history ‘Value’ bet detector spreadsheet. League Games with H2H History Price: £29.90 WITH...
Stressed-out man being interviewed / Gestresster Mann im Interview

German Bundesliga 2012-2013: Bottom 2 Automatic Relegation Betting Statistics

In our recent article “Who’s going to win the 50th German Bundesliga title?” we analysed the Meisterschale winning chances of each team taking into consideration the previous 49 seasons’ data. We now switch attention...
Cheerful soccer fan girl devoted to Germany / Frohsinniges Fußball-Fan-Mädchen Deutschland gewidmet

Who’s Going to Win the 50th German Bundesliga Title?

With just under 3 weeks to go until the start of the “Golden Jubilee” Bundesliga season we take a look at the 18 teams in contention for the title and statistically assess their chances of winning the Meisterschale next May. Defending...
Gentleman sits cross legged in a chair with eyes closed and palms raised in a summoning pose / Mann sitzt im Schneidersitz auf einem Stuhl mit geschlossenen Augen in einer Beschwörungsstellung

The Challenge of Predicting Individual Events

Why is it so awfully difficult to predict single events accurately, when the synergy of multiple events aggregated together seems far easier to guess? Many people are able to predict how things will develop in their personal lives over a period...
Man with measure tape and golden coins / Mann mit Messband und goldenen Münzen

Impact of the ‘Overround’ on Accumulators, Multiple Bets, and Parlays

Betting odds are supposed to reflect the probability (statistical expectation) that a particular event will happen. Image: Elnur (Shutterstock) Because bookmakers are profit-making enterprises who offer bets on the market, it is understandable...
Smiling business woman with a calculator / Lächelnde Geschäftsfrau mit einem Taschenrechner

Football Betting Permutations: 5 Cup Finals in 5 Days

Slim chance for the favourites? It has been a busy week in the world of football with the conclusions of many major tournaments across Europe, including the jewel in the crown, the UEFA Champions League final between Bayern Munich and Chelsea. Having...
Teacher standing near blackboard in classroom / Lehrerin in der Nähe der Tafel im Klassenzimmer

Understand Odds: Cup Finals and International Tournaments, played at neutral venues

Both sides of the coin… The ‘true’, ‘fair’ or ‘zero’ odds are all synonyms for those odds which exactly reflect the statistical expectation of an event. For example, the ‘true’ odds for the...