Today’s post will be for newbies mainly, but I’m trying to go from basics here and gradually proceed to the more advanced topics. Asian handicaps (AH) are called also spreads in the USA (don’t confuse it with spread betting which is something like action points). Basic idea behind spreads is to adjust betting events somewhere close to [...]
Archive for August, 2011
Betting market
Today’s article focuses on regional fractions of the betting market and their individual characteristics. In the early days of the internet development there was an assumption that the internet will be “multicultural”, that there will be the same internet everywhere. But we see it’s not so. China has its Great Internet Wall. Some countries in [...]
Betting in the USA
The football season is almost here and the war on gambling is here as well. While the USA is trying to persuade the public that online betting is illegal, it is actually only the processing of transactions to and from sportsbooks that is illegal so far (see: UIGEA). The USA can’t make gambling illegal, because [...]
Parlays
Parlays or accumulators are multiple bets. You need to hit all the events on your ticket to win. This gives you a seemingly high chance to win a lot of money with a small initial stake. Simply everyone wants to make a “big hit”. But this is only a psychological illusion. Actual chances of winning are [...]
Live betting
Online betting brought fresh air, or rather a storm into the brick and mortar betting market. The technical development allowed bookmakers to process a much higher volume of transactions at once and also cut their transaction costs. This enabled them to reduce their vig/margin. These days even a lousy bettor who knows the basics of [...]
Why it pays back to be picky about sportsbooks
The most common mistake among bettors is to believe that the key for being successful is to pick winners. No, surprisingly this is not what keeps you from making money on sports betting. Even the best bettors lose, and lose big. The most important part of betting is learning how to find a value on [...]