Tag Archives: sports betting
Video Tutorial: How to Input Best Market Odds into the True Odds Calculator
This is the last in our series of video tutorials regarding the filling-in of data into the True Odds and Value Bet Calculator Excel spreadsheet.
Here you will learn the input process of market odds from sites such as www.betfair.com into the...
Video Tutorial: Input Historical Football Data and H2H Results into Value Bet Detector
Our darling Soccerwidow is at it again with another eastern European rendition in our series of video tutorials showing you how to input historical football data into the Value Bet Detector for league games with head-to-head history.
Enjoy the...
Video Tutorial: Download Historical Football Data and Sort for Functionality in Excel
We are often asked for advice and shortcuts on how speed up the process of filling-in data in our various Value Bet Detectors such as the League Matches with Head-to-Head History spreadsheet.
Here is our very own Soccerwidow with some Excel...
Successful Football Betting Using a Portfolio Strategy
In principle, football results are randomly distributed but the outcomes of games can be predicted fairly accurately using statistical modelling.
This is contrary to other forms of gambling loaded in favour of the house such as lottery and roulette,...
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...
Why A Pinnacle Account Is Essential
If you are looking to back home, draw or away then usually Pinnacle‘s odds are at the top of the tree. If you are looking for an alternative to a lay bet for these events, again, Pinnacle’s Asian Handicap +0.5 market is a viable option,...
How is Overround Calculated and what are the Benefits of Removing it from the Betting Odds?
Simply put, overround is the bookmaker’s profit margin. Overround percentages vary and usually average between 4 and 7%, depending on the bookmaker.
Although bookmaker odds do not always fully represent the ‘true’ (expected)...
The Secret to Becoming a Successful Bettor
If you are reading this article then you have probably already tried a plethora of different betting strategies, perhaps without great success. Like many others, you may already have lost a fair amount of money. However, you probably still strongly...
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...
