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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...
Football and money

A Brief Introduction to Over Under Goals Betting

Over/Under is a very popular form of football betting and where a lot of new football punters start. But just because it is simple doesn’t mean that it can’t be a good way to make money. Image: Gts (Shutterstock) Over/Under is a great way...
Panning for Gold panning - man finding at least a nugget or two / Goldwäsche - ein Mann findet ein Nugget oder zwei

Value Betting – Popular Misconceptions & Common Myths

In many betting forums there are regular discussions and queries about value betting. However, it seems that there are a good number of bettors who believe in myths and indulge false concepts. Image: Jeff Banke (Shutterstock) Here are some of...

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...
Woman on rolling Euro carpet / Frau auf einem ausgerollten Euro-Teppich

What is a Bet? What are Odds? What is a Stake?

The only one of these terms which is obviously straightforward is ‘Bet’, and I am sure all of you understand what a bet is. Even the term ‘Stake’, at least so long as it is money related, is easily understandable. Whatever level your...
GOAL! Illustration

5 Simple Steps to Win Over and Under Betting

In the world of sports betting, most punters focus on 1×2 match results. Punters are driven to find a system for Home-Draw-Away bets, but regrettably, this bet type is actually one of the most difficult to master and to reap reliable profits...
Funny man with calculator / Lustiger Mann mit Taschenrechner

Stake, Yield, Return on Investment (ROI), Profitability – Definitions and Formulas

The terms Stake, Yield (Revenue) and ROI (Return on Investment) confuse many people. We have also noticed many online publications using these terms incorrectly. This article is therefore a definitive guide to put the record straight… Image:...
Background of falling cards / Fallende Karten

Blackjack – An Introduction to Card Counting

Blackjack, also called ‘21’, is certainly the most popular casino game next to roulette. Blackjack has always attracted mathematicians and gamblers because it was, or still is, actually possible to beat the house. Image: mik38 (Shutterstock) In...
Cartoon Searching for the edge + OU course book cover

Sports Betting Course – Over/Under Goals – Product Specifics

Fundamentals of Sports Betting (Betting on Over/Under ‘X’ Goals) is unlike any other book you will find elsewhere. It contains insights into how mathematics and statistics are applied to bookmaking, information that is rarely (if...