- Different Odds Styles
There are three main types of odds: Decimal, american, fractional. Each type can be converted to another and do not affect the calculation of the actual payout. This is important because it allows you to convert the probability, expressed in percent, of any betting event.
- Betting Bankroll Management Systems and Advices
It's possible to beat the bookie while betting on sports by carefully analyzing the teams and players, shopping for attractive lines and taking advantage of promotions. No matter how good you are at these tasks, however there's one element that could destroy all your plans if you ignore it: bankroll management.
- Beginner's Guide: How to Calculate Probability
Understanding the basic theory will help you in sports betting. Simply told, probability denotes the likelihood of an event to happen, and we can determine it by dividing that likelihood of one or more events that can happen to the total number of possible outcomes.
- 6 Advices: How to Find Value
As our main goal is not to predict who will win, but to find value, here are 6 tips to make it easier. You find your edge by analyzing statistics and nothing else. Put as much time as possible, use modern tools and know that beating bookies in big leagues takes much more.
- Value Betting Examples
Value bets are generally understood as bets, that might win less often than lose, but will have high odds to compensate that in the long run. In our fictional example Brazil plays Nigeria in football (soccer). Brazil is a clear favourite and it is only offered 1.5 for the win.
- 5 Advices to use e-wallets more safe
For money transactions try to use only your own phone and computer. If you must use public computers think twice... is it in a safe area at least? And always use incognito browsing to not leave history after browsing.
- Kelly Criterion in Sports Betting
Developed by J.L. Kelly, in 1956, the mathematical formula has over the years served as the best alternative of maximizing profit while minimizing risk. Unlike other betting criteria which never bother on bettors money, Kelly’s C has the ability to bridge the gap between losing a bet and the entire bankroll.
- 5 Advices how to use e-wallets better
Before you create your new Skrill or Neteller account, check and think twice which currency you use the most in sports betting? Which currency do you use in your country? In a perfect world it should be the same everywhere.
- 3 Bankroll Management Systems to Avoid
Just to make it clear - all progressive systems are pure evil. They might be very fun, as you can succeed many times to achieve your initial goal. But remember - one bad run can bust your whole bankroll.
- 5 Reasons to use e-wallets
The worst thing that can happen when you find a good bet is to wait while your bank approves your deposit… Using e-wallets for your transactions from account to account is instant and transfers to almost all bookmakers are instant, too.
How to be a better tipster