Favourite-Longshot Bias | Why Underdogs Are Overrated
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 …
How Will Odds Movements Impact My Betting Strategy?
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 …
Sports Spread Betting Odds Explained | How To Calculate Profit
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 …
10 Things Every Sports Bettor Needs To Know About Odds
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”. …
European & US Equivalent Bet Types | Naming Conventions
When it comes to sports bet types and markets, some terms differ between Europe and the US. Here are some examples of bet types that are equivalent but with different …
Popular Football Betting Markets Explained | Soccer Bet Types
Are you overwhelmed by the extensive range of football betting markets? Do you want to gain a better understanding of how each of these football markets operates? Look no further, …
Every Sports Betting Odds Format Explained With Examples
Do you want to understand how each of the different sports betting odds formats work? In this article I provide the formulas to calculate the potential winnings using any format …
10 Biggest Sports Betting Myths | Top Lies & Misconceptions
There’s plenty of misconceptions about sports betting, so I decided to compile a list of my top 10 biggest sports betting myths. Some views on sports betting are understandable while …
Evaluating The Probability Of Events: A Basic Guide for Bettors
Mastering the art of evaluating probabilities can significantly elevate your sports betting strategy. Bookmakers rely on a sophisticated blend of historical data, real-time conditions, expert analysis, and market behavior to …
5 Essential Tools Every Sports Bettor Should Be Using
Sports betting can be because of the vast array of odds, variables, and choices involved. With so many factors at play, it’s easy to feel overwhelmed. Fortunately, there are numerous …
What Is The Starting Price In Betting? What Does SP Mean?
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. …
Best Odds Comparison Sites | Find The Top Prices In 2024
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 …
Betting Bold: The Art of Wagering Against The Grain
In the world of sports betting, there’s no shortage of advice, strategies, and conventional wisdom. Most bettors look up to experts, study the odds, and place their wagers accordingly. But …
5 Ways To Reduce Sports Betting Margins For More Profit
One crucial factor to consider when selecting sports betting sites is the betting margin, as this has a significant impact on your potential profitability. In this article, I will discuss …
Fixed Odds Vs Tote Betting | The Pros & Cons Explained
In horse racing and other forms of sports betting, there are two common ways of placing wagers: fixed odds and tote pool. Both of these methods have their advantages and …
What Is A Voided Bet? Why Are Bets Cancelled?
When a bet is voided, the stake is returned to the customer, and the bet is effectively cancelled. This means that the customer neither wins nor loses the bet, and …
What Are Drifters & Steamers In Sports Betting?
In sports betting, drifters and steamers are terms used to describe the movement of odds or betting lines for a particular event or game. In this article, we’ll take a …
How Do Bookmakers Make Money? What Methods Do They Use?
Bookmakers operate by accepting bets on all possible outcomes of an event in order to generate profits, irrespective of which outcome prevails. However, for this to be successful they incorporate …
How The Wisdom Of Crowds Theory Applies To Betting
The Wisdom of Crowds Theory suggests that the collective intelligence of a group is often superior to the intelligence of any individual member. The betting exchange, such as Betfair, serves …
How Efficient Are Sports Betting Markets? Can I Beat Them?
With any market, the more participants, the more efficient it becomes. The same applies to sports betting markets, which become more accurate and harder to beat as more money is …
Do Sportsbooks Speculate? Do They Know The ‘Right’ Price?
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 …
Do You Need To Be A Sports Expert To Succeed At Betting?
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 …