- The Balance of Luck and Skills in Top Sports. Choose on What do You Bet
What sport do you like to bet on? Is it football? Is it basketball? Hockey, maybe? Tennis or any other?
Well, we have bad news for some of you. Sports can be differentiated by their predictability. This is the reason you have to know where your favorite sport ranks compared to the others.
- 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.
- 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.
How to be a better tipster