Tag Archives: sports betting
Are Betting Odds Worthwhile Calculating? Are Betting Odds Always Fair?
Why are there more Losers than Winners in the Sports Betting World?
A vast amount of gamblers never achieve betting returns high enough to crossover to the exclusive group of people who make a living from betting. Even worse, the majority of...
Frequently Asked Questions – Fundamentals of Sports Betting Course
Here are the most frequent questions asked by our readers and customers about the course. If you can’t find an answer to your particular question, then please free to ask us using the comments section at the bottom of this page. We usually...
The Science of Calculating Winning and Losing Streaks
This article is a short journey to the theme ‘risk management’ as we are often asked…
How high should be a starting bank?
Is 5,000 units enough?
Well, there is no standard answer to this question. It all depends on the individual...
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...
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...
Is Arbitrage Worthwhile Pursuing? Is Arbitrage Legal?
Arbitrage is ‘Sure Betting’
In the world of sports betting the art of arbitrage involves wagering on both or all sides of an event with the right combination of odds and stakes in place to make a profit whatever the outcome of that...
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...
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...
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…
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