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Category: Understanding Odds

Best Odds Comparison Sites | Find The Top Prices In 2022
All / Bookmakers / Hall Of Fame / Understanding Odds

Best Odds Comparison Sites | Where To Top Prices In 2022

Are you looking for the best odds comparison site in order to maximise your sports betting profits? Here are the sites I recommend.   1. Oddschecker OddsChecker is the #1 …

Do Sportsbooks Speculate? Do They Always Know The 'Right' Price?
All / Bookmakers / Understanding Odds

Do Sportsbooks Speculate? Do They Always 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?
All / Attitude & Mindset / Sports Trading / Understanding Odds

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 …

Favourite-Longshot Bias | Why Longshots Are Overrated
All / Horse Racing / Must-Reads / Understanding Odds

Favourite-Longshot Bias | Why Longshots Are Overrated In Betting

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 …

What Changing Odds Means For Your Betting Strategy
All / Understanding Odds / Value Betting

What Changing Odds Means For Your 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 …

Every Sports Betting Odds Format Explained With Examples
All / Understanding Odds

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 …

Sports Spread Betting Odds Explained | How To Calculate Profit
All / Bet Types & Markets / Spread 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 …

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 | Top 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 / Bet Types & Markets / 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 Every Sports Bettor Needs To Know About Odds
All / Must-Reads / Understanding Odds

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”. …

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 …

List Of Best Odds Guaranteed Bookmakers
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 Of Crowds Theory & The Betting Exchange
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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