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Category: Understanding Odds

What Is The Starting Price In Betting? - The SP Explained
All / Horse Racing / Sports Trading / Understanding Odds

What Is The Starting Price In Betting? — The SP Explained

SP is an abbreviation for ‘Start Price’ or ‘Starting Price’. When a bettor takes the SP, they agree to accept the Starting Price — the price a horse (or greyhound) …

10 Biggest Sports Betting Myths | Lies & Misconceptions
All / Attitude & Mindset / Industry Overview / Understanding Odds

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 …

Find Bookies With The Lowest Betting Margins
All / Understanding Odds

Find Bookies With The Lowest Betting Margins

There are several factors to assess when choosing sports betting sites. One of the major considerations is the betting margins.   Introduction to Betting Margins Before appraising bookies by their betting margins, it’s important to …

How Efficient Are Sports Betting Markets? Can I Beat Them?
All / Must-Reads / Sports Trading / Understanding Odds / Value Betting

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. In order to become a profitable bettor, it’s important to be aware …

Popular Football Betting Markets Explained — How They Work
All / Bookmakers / Football / Understanding Odds

Popular Football Betting Markets Explained — How They Work

Are you feeling confused by the vast array of football betting markets on offer? Do you want to learn how each of those football markets work? You’ve come to the …

10 Things You Need To Know About Sports Betting Odds
All / Understanding Odds

10 Things You Need To Know About Sports Betting 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”. …

Each Way Bets Explained — How To Calculate EW Winnings
All / Understanding Odds

Each Way Bets Explained — How To Calculate EW Winnings

Each Way bets enable punters to cover more places in a horse race, thereby reducing their risk and avoiding disappointment if a selection doesn’t win. EW betting is popular in …

What's A Lay Bet? What Does 'Liability' Mean? (Laying Guide)
All / Sports Trading / Understanding Odds

What’s A Lay Bet? — Lay Betting & ‘Liability’ Explained

As soon as you begin to look past traditional Bookmakers and into alternative platforms — such as sports betting exchanges — you’ll immediately see the benefits. But you’ll also be …

How Do Bookmakers Earn? How Big Is Their Edge?
All / Bookmakers / Must-Reads / Understanding Odds

How Do Bookmakers Earn? How Big Is Their Edge?

Bookmakers accept bets on all outcomes of an event in order to generate a profit regardless of which outcome prevails.  If the odds offered by the Bookmaker are “fair” then …

Sports Spread Betting Explained (Fixed Odds Comparison)
All / Spread Betting

Sports Spread Betting Odds Explained (How It Works)

In sports spread betting, punters bet on whether a specified outcome in an event (e.g. total corners) will end up being above or below a range called the ‘spread’. The …

Calculating Bookmakers House Edge Overround (Odds Conversion, Convert Odds. Identify Value Bets)
All / Understanding Odds

Easily Convert Your Betting Odds To Different Formats

Want to convert between different odds formats? The easiest way to convert your odds is to use a ready-made calculator, such as the Odds Calculator from Betting.com. However, if you’re …

Best Odds Guaranteed
All / Bookmakers / Understanding Odds

List Of Best Odds Guaranteed Bookmakers

Best Odds Guaranteed is a perk offered by several major Bookmakers. It ensures that horse racing (and greyhound) winnings are paid out at the Start Price (SP) if it’s higher …

Wisdom Crowd Betting Market Betfair Odds Correct
All / Betting Exchanges / Understanding Odds

Wisdom Of Crowds Theory & The Betting Exchange

The Wisdom of Crowds theory, written by James Surowiecki, is about the aggregation of information in groups. His theory states that a larger group of diverse people can make better, …

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