Archive: Bookmakers Subscribe to Bookmakers

2017-18 Winter League Report – Bank Management & Stake Size

In the article Finding a System Using the HO/AO Quotient I showed you how to identify profitable clusters where the market constantly over- or underprices the bets on offer and, based on this knowledge, the article Judging the Risk of a Football...
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...
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...

Betting Odds Converter – Fractional, Decimal, Moneyline, Hong Kong, Indonesian, and Malay

Quick Odds Converter to switch odds between US, decimal, fractional, percentage, Hong Kong, Indonesian, and Malay formats – converts odds into their implied probabilities and net returns, and vice versa – converts probabilities and...
Attractive brunette with sunglasses fanning herself with a wad of bank notes / Attraktive Brünette mit Sonnenbrille fächelt mit einem Banknotenbündel

Weird and Funny Novelty Bets offered by William Hill and Notable Payouts

Image: Poznyakov (Shutterstock) In 1998, William Hill were the first bookmaker to accept wagers via the Internet, and their online betting platform is one of the most sophisticated in the market. (For sports betting alternatives check out this...
Young woman juggling balls made of bank notes / Junge Frau mit Banknoten Jonglierbällen

Top 10 Crucial Benchmarks for Online Betting Sites

What do professional bettors consider the 10 most vital factors when choosing online bookmaker or betting exchange accounts? This guide gives you our top 10 things to look out for and check when picking a list of reliable online betting sites...

Why do bookmakers ban their customers, close accounts or limit stakes?

Recently we received an email from a distressed reader who after a very short time scale (just 2 months!) employing a strategy based on our Home-Draw-Away article, found that without warning several bookmakers (e.g. Boylesport, Stan James,...
Excel screenshot showing the solutions to our odds correction exercise

Oddsportal Archived Odds – Identifying and Correcting 1×2 Odds Errors

As we have mentioned before, one of our favourite sites for collecting historical data is www.oddsportal.com, and in our recent article about the concepts for football betting systems we outlined how to set-up an Oddsportal user account and...
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...
Football stadium after a strong snowfall / Tribünen eines Fußballstadions nach einem starken Schneefall

Match Abandoned?! Different Rules of Bookmakers and Exchanges

This article focuses on the attitudes of different bookmakers and exchanges towards postponed or abandoned fixtures and the way bets will be affected if you are unfortunate enough to stake a game that either doesn’t start or doesn’t...