Conservatism bias is the tendency to preserve the status quo, or existing conditions, rather than adopting new or innovative approaches. It is often associated with a reluctance to accept radical …
Looking for a basic understanding of every type of bet you’re likely to encounter? This list will help you. Basic Bet Types Win The ‘win’ bet is the simplest …
Has an online gambling site asked you to provide documentation? Don’t panic — this is completely normal. There are valid reasons why gambling sites need to verify your identity. In …
Superstition is an irrational belief in supernatural influences, typically relied upon for good or bad luck. A superstitious person will pass on responsibility to a higher power in order to …
Something every experienced sports bettor will inevitably ponder is whether or not bookmakers manage to accurately price all of their odds. After all, there’s such an enormous spectrum of events …
Here’s a question that’s likely to get very different answers depending on what type of bettor you ask it to: do you need to be a sports expert to succeed …
Sports betting, like any other market, becomes more efficient as more participants enter the fray. The greater the volume of money and opinions involved, the more accurate and reliable the …
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 …
As a bettor, it’s important to choose a bookmaker that offers an array of features to meet your needs. However, not all bookmakers are created equal; some offer more features …
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 …
Outcome bias refers to the tendency to judge a decision based on its outcome rather than the quality of the decision at the time it was made. Some poor decisions …
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 …
I’ve asked myself: is there any particular reason that so many people consider gambling a taboo? Is it really so different from other, more accepted, forms of betting? Trading and …
In Australia and New Zealand, slot machines are affectionately known as “pokies”. These machines are a major part of the gambling landscape, with Australia boasting over 185,000 physical machines—New South …
No deposit bonuses are among the most enticing offers in the online casino world. Who wouldn’t want free money or spins to start their gaming journey? But as with most …
The casino gaming world continues to evolve with new ideas and features designed to make games more exciting. These often involve changes to the game “mechanics”—the rules and systems behind …
As online betting continues to grow in New Zealand, players are on the lookout for payment methods that combine security, ease of use, and control. Paysafecard is a reliable prepaid …
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 …
Roulette is one of the simplest casino games. Pick your numbers, spin the wheel and the rest is over to chance. The big question is: do any roulette strategies work? …
If you’re new to the world of sports betting then the first thing you need to get your head around are the odds — also referred to as the “prices”. …
The online betting landscape in the UK is always evolving, with new sites emerging every year to compete with well-known, established brands. Choosing between a fresh, innovative platform and a …
