Optimism Bias | The Failure To Accurately Anticipate Risk
Optimism bias leads us to believe that we are less likely to suffer from misfortune and more likely to enjoy success than reality would suggest. In other words: it’s feeling …
Optimism bias leads us to believe that we are less likely to suffer from misfortune and more likely to enjoy success than reality would suggest. In other words: it’s feeling …
The term “hindsight bias” refers to the tendency of viewing past events as more predictable than they really were. For example, many sports believe that they knew the outcome of …
Gambler’s fallacy refers to the mistaken belief that a series of results will alter the chance of it happening over the future. It’s a common error made by casino and …
Recency bias is when individuals value recent events over historical ones, believing they provide more insight into how things will play out in the future. This irrational tendency can have …
The favourite-longshot bias refers to the tendency for longshots to be overrated, in terms of their chance of winning, compared to favourites. In other words, the odds for longshots are …
Sports betting odds can change drastically at any moment. Have you considered what implications that has for devising and executing your betting strategies? Why Do Odds Move? Sports betting …
In general terms, survivorship bias means concentrating on successful entities (the “survivors”), thereby overlooking unsuccessful “non-survivors”. Sports bettors will often only consider ‘winning’ tipsters, without giving a second thought to …
While sports betting remains the core product for most operators, many punters are drawn to additional forms of gambling, such as online casinos, poker, and lotteries, creating a one-stop-shop experience. …
With so many different types of online betting sites to choose from, it can be overwhelming for newcomers. What are the different types of spots betting sites? In this blog …
In the world of sports betting, there are two types of bookmakers: Sharp and Soft. But what are the differences between them? In this article, I delve into the operational …
A growing number of people are engaging with online gambling, whether through sports betting, casino games, or slots. In the UK, nearly half of adults aged 18 and over reported …
The starting price (SP) is a term commonly used in horse racing and greyhound racing, referring to the odds offered on a particular runner at the start of the race. …
In sports spread betting, players bet on whether an outcome will end up being above or below a range called the ‘spread’. The profit or loss is determined by the …
The internet feels like an all-knowing source of information. But in the case of bookmaker reviews, it can be a source of misinformation. Yes, some bookmaker reviews are written by …
Looking for a basic understanding of every type of bet you’re likely to encounter? This list will help you. Basic Bet Types Win A ‘win’ bet is the simplest …
Are you looking for the best odds comparison site in order to maximise your sports betting performance? Here are the sites I recommend. 1. OddsChecker OddsChecker is the #1 …
At first glance, depositing and withdrawing from a betting account seems straightforward. You fund your balance, place your bets, and withdraw your winnings when you’re done. But there are costs …
From your first flutter to years of using online bookmakers, your priorities evolve with experience. The features a newcomer values aren’t always the same as those an experienced punter looks …
Confirmation bias, a common cognitive bias, can have a significant impact on our decision-making, particularly in sports betting or gambling. It involves giving more weight to information that aligns with …
Sports fans love a good underdog story — the unfancied team defying expectations to pull off a shock win. It’s the kind of moment that makes headlines and keeps fans …
For those new to online gambling, joining a live casino table can feel like stepping into a professional kitchen after only reheating microwave meals: fast, intense, and intimidating. The pace, …
Sports betting is a pastime that has become even more popular with the advent of online betting. Here’s a breakdown of the most popular sports to bet on. Football …
Mobile sports betting has become a major part of the gambling industry. No longer limited to physical bookmakers or desktop sites, it allows millions of Americans to place bets quickly …
Faster payment methods are changing the way punters manage their online bankrolls. Traditional bank withdrawals can take several days to complete—often creating delays when players want to move funds between …
PIWI247 is a sharp bookmaker and betting exchange offering direct access to elite Asian sportsbook markets — with top odds, high limits, and no bans. About PIWI247 PIWI247 is a …
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