How Do I Know If My Betting Results Were Luck Or Skill?
I recently contributed an answer to the Trademate Sports ‘Industry Experts’ blog series for the question: how can I determine whether betting results were based on luck or skill? It’s …
How To Make A Living From Sports Betting (2020 Edition)
Here’s a question that’s regularly asked: “can you make a living from sports betting?” The answer you’ll usually find to that question is a confident, flat-out “no”. It’s often followed …
Create A Diverse & Profitable Sports Betting Portfolio
Sports betting is a fickle beast. We’ve all experienced the ups and downs. And it’s during the more turbulent periods that the saying “don’t put all your eggs in one …
Asian Handicap Betting Explained (How AH Works)
Asian Handicap markets enable punters to bet on the outcome of a football match where one of the teams are given a goal “handicap” that’s either positive or negative. It evens …
10 Common Betting Strategy Mistakes (Biggest Flaws)
Trying to devise your own profitable betting strategy? It’s highly challenging, time consuming — and there’s a distinct lack of resources to guide you. So there’s many wrong turns you’re …
Will Tipsters Make Me Money? Can They Be Trusted?
Professional Tipsters earn a living by recommending selections to their clients (sports bettors). Some punters are satisfied with the intel they receive, whilst others feel cheated. Relying on Tipster recommendations can be a naive and …
How Much Can You Earn From Sports Betting?
There’s no flat-out answer to “how much can you earn from sports betting?”. It depends on 3 variables, which I’ll get onto. I’ve loosely touched on this subject before, but …
10 Biggest Problems Betfair Traders Face & How To Approach Them
Thinking of becoming a Betfair trader? There’s a bunch of issues that you’ll inevitably experience. It’s best to know about them from the outset. Here’s my top 10 list of …
Staking Plans — What You Need To Know About Betting Bankroll Management
Don’t fixate on staking plans. They won’t improve the profitability of your strategy/system unless it already has an advantage or positive ‘edge‘. Verify that your selection method is profitable on …
Good Strike Rate? — Verify Your Results Are Realistic
There’s a genuine buzz that comes from “getting it right” — especially when you correctly predict something against the odds. This often manifests itself in a winning gambler’s swagger. But …
Am I Really Winning? — Betting Variance In Action
One of the biggest problems in gambling is that people convince themselves that their winning streaks were more than just pure chance. But it’s not about what you’ve made before, or …
Calculate Expected Value (EV) — The ‘Edge’ Of Your Bets
Calculating the Expected Value (EV) is an important, and relatively simple skill that enables you to ensure that your sports bets have a player advantage or ‘edge’. I’ll explain how it …
Be Careful When Placing ‘Early’ Bets With Low Market Liquidity
I’ve noticed that many punters are accustomed to backing multiple selections in one sitting e.g. the night before a race. For practicality reasons it makes sense; not everyone is able to bet when they’re …
The Traits & Mindset Of A Professional Gambler
What makes a professional gambler successful at what he does? Well, the strategy and methods play a huge part. Intelligence and analytical skills also help. But mentality and character traits contribute, too. Here’s 10 tips for …
A Guide To Beating The Start Price (SP) – Beat The Closing Line
Beating the SP (or “Closing Line”) refers to obtaining better odds than the final pre-event price. Bettors that find a way to consistently beat the SP will earn steady profits. …
The Paramount Importance Of Sample Size In Betting Analysis
Short-term betting results don’t say with high ‘confidence’ how likely a strategy is to succeed long-term. The more results you have, the more clarity and accuracy you have in verifying the profitability …