Demystifying Betting Myths
Statistics are the language of betting; learn to speak fluently, and the market will reveal its secrets.

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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...
HDA Tables - Profit Loss Simulations

2017-18 Winter League HDAFU Tables

Please note that this is an archived post. We decided not to remove it from the site because of the many questions and answers in the comments section. For those of you with curious minds it may also be quite interesting to see how our HDAFU...
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:...
Percent cubes, 3D image / Prozent-Würfel, 3D-Bild

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’,...

1×2 Full-Time Table of Records – Value Bet Detector with H2H history

The 1×2 Full-Time table of records is a compilation of HDA data from 417 completed Value Bet Detector spreadsheets from 24 countries around the world. (League games with H2H history). Price: £12.50 (ex VAT; see below) 0% VAT to UK customers 0%...
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...
Snail crawling on stairs of coins / Schnecke kriecht auf einer Treppe von Münzen

Choosing the Right Staking Plan

If you have investigated staking plans to any degree then you will certainly have already heard of various different strategies such as Martingale, D’alembert, Fibonacci, Parlay, Kelly, Square Root, Labouchere, Retirement, etc. You should...
Crazy young scientist trying to break his alarm clock / Verrückter Wissenschaftler versucht, seinen Wecker zu zerschlagen

Euro 2012 Simulation – The Moment of Truth: Staking Plan Comparison

The Nutty Professors: Congratulations to those ‘mad’ scientists at the International School of Management (ISM) in Frankfurt and the German Sports University in Cologne whose predictions we followed throughout Euro 2012. Image: Pikoso.kz...
Octopus Fortune Teller with Crystal Ball / Octopus Wahrsager mit Kristallkugel

German Scientists Simulate Euro 2012

Something Fishy in Germany Again! If the prognosis of scientists from the International School of Management (ISM) in Frankfurt and the German Sport University Cologne is to be believed, then Euro 2012 will be nothing more than a re-run of the...
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...