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## 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...

## 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...

## 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...

## The Ultimate Arbitrage Betting Strategy! Caution, Joke!

An elderly woman comes into a bank and approaches the nearest counter. “I would like to open an account with your bank.” she says to the bank clerk. He smiles and replies, “Why of course, Madam, how much would you like to...

## Liquidity at Betting Exchanges – Which are the Best?

For serious bettors and professional traders, betting exchanges are the most convenient and reliable platforms. Bookmakers are often very quick to limit stakes and/or close accounts of successful customers, or void individual bets or even whole...

## 1×2 Football Betting – How to Compile a Winning Portfolio

This article moves away from betting on individual teams, and pushes strategic thinking further up the knowledge ladder. The method described below explains how to use our HDA simulation tables for recognising profitable 1×2 betting strategies...

## Football Betting Odds Calculation Course – How to Calculate Odds – Over / Under ‘X’ Goals

Please note that this is an archived post. Here, we describe the 1st edition of our Over/Under ‘X’ Goals Betting Course. We decided not to remove this post from the site because of the many questions and answers in the comments section....

## The Gambler’s Ruin Explained – Fair Coin Flipping

One of the phenomenons of probability is Gambler’s Ruin. The most common meaning is that a gambler with finite wealth, playing a fair game (that is, each bet has expected zero value to both sides) will eventually go broke against an opponent...

## Arbitrage between Bookmakers and Cross Market Arbitrage

(1) Arbitrage between Two Bookmakers in One Betting Market This is the classic form of sports arbitrage (sure bets) in football betting. The arbitrage opportunity relies on at least two bookmakers evaluating the same event differently, each...

## Probability, Expectation, Hit Rate, Value, Mathematical Advantage: Explained

Introduction The terms probability, expectation, likelihood, chance and hit rate are all closely related, and express more or less the same thing. The difference is that before a game one talks about ‘chance’, ‘probability’,...