Tag: Introduction

Can You Make Money From Betting? An Introduction to Private-Closed Betting Forums

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Many people are trying for years to do that, and mostly are unsuccessful.The reason is poor knowledge about the events they are betting on, poor money management, greed and maybe the most important thing – poor overall strategy. But with help and professional work, this can be accomplished on the long term.

A professional punter will never bet on an event that knows nothing about it but the league table. He will never "pick a winner" no matter what the odds are! And this because you actually bet on odds not on a team, and that is why the odds are the most important thing in betting.

Staking is also vital. There are several resources on Internet about staking, and also there are several styles of staking, depending of the punter (some use flat staking, some only maximum bets, etc.) but most likely you should find the strategy that fits you the best, According to your hit rate. But never forget one thing: don't bet more than you afford to lose.

The best successful strategy may be the "betting syndicate." Punters meet in places like private forums and share their bets. And usually each has an area (league, sport, etc) that he is following closely to gain an advantage over the bookmakers, and to find value in odds (this means he can actually estimate the chances for an outcome better than the odds maker did so he can see if an outcome is overpriced). It is vital that you follow all that punter's bets, and also very important to bet on the same odd he did. If he`sa good tipster and makes profit, you will do too.

What's the advantage of a syndicate? Well, if each of it`s members gain let's say a 10% yield do a small calculation and see how much this means when there are 20-30 members on that betting team.

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Source by Petrica Moise

An Introduction To Statistical Betting

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In this article you’ll learn something you ever wanted to know (and then some!) about how to make smart statistical bets based on how well you understand and interpret information.

And that’s what it’s going to take to win.

Are you a winner? You only need a few things in order to get started: a small stake to begin your initial investment and a willingness to learn. But the number one thing you need to do in order to be successful at betting is this: you need to separate your emotions from your intellect.

We are emotional people and that means that sometimes it’s easy to become anxious about a bet. But statistics is not about emotion. You won’t find emotional quotient in any good odds calculation. While your gut feeling does come into play from time to time, you shouldn’t consider emotions as part of your decision-making. You should use facts, numbers, and cold, hard intellect. That’s going to be the key to an increase in winnings.

You’re not going to win every bet but the more information you take in and the better you become at interpreting it, the more likely you’ll be at knowing whether or not you should place the bet, and for how much, etc.

That’s what statistical betting is all about. It relies on the fact that many people have already done the research to uncover the potential wins and losses on a particular event. Rather than requiring you to do all that work again, statistical betting takes the odds that the bookies offers and interprets it so you can uncover potential gold mines.

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Source by Robert Thatcher

Categories: Sports Betting

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