Sucker Bets In Sports Betting
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A bookmaker is a middle man who makes a profit off bets. In sports betting, the most promising situation for him is to see bets placed equally on both teams. This scenario gives him the opportunity to make a profit no matter which team wins.
bookmaker jun88 In truth, these cheats may have done something insignificant in their eyes within a game, for instance giving away an odd run. They may have been paid handsomely for this small indiscretion, and so think there has been no harm done. But they are well and truly WRONG, as this (as has been proven) has done immeasurable damage to a game that has been revered and respected throughout the world as the fairest of games played by perfect gentlemen.
They make little or no effort in their selection process nor make an effort to extract maximum returns from their bets. Those who put the most work in are the more likely to succeed. My philosophy is simple. I believe that if a bookmaker, journalist or odds compiler spends 3 hours on a race then I'll spend 6 hours on that race to gain the edge. The famous golfer Gary Player once said "The Harder I Work the Luckier I Get". That is true about both golf and betting.Most people can't spend 12 hours a day studying betting as they have families, jobs, commitments and lead their own lives. That is what you pay us for. We do that study for you and re-invest money in our betting so that we can find every edge possible to Help You Win.
One word: Tennis. Tennis is the single sport bookmakers seem to have trouble controlling. They're always on top in e.g. soccer and football, but not when it comes to tennis. When betting on tennis, you've got only two possible outcomes. Simple math says you've got a 50% chance of winning (placing a bet at random).
If the betting exchanges odds are lower or equivalent to the bookmakers odds, then you should consider lay the horse at, and thereafter, wait for a chance to back the same horse to trade for a profit. This is because we all know that betting exchange odds are evidently higher than the bookmaker due to the over rounds.
You may also want to build in a 'safety net' for your own inaccuracy or bookmaker vig (built in profit margin). So you could reduce all odds on display at the bookmakers by e.g 10% or instead add 10% to your projected price for an contest.
First of all let us look at bookmaker's profits. Normally a bookmaker likes to make around 17% profit on his book. This will not always be possible and a string of winning favourites can often make a big hole in a bookies profits. However, if his book is "balanced" whatever the result he will make around 17% of turnover.
As the event gets nearer, the odds quoted by the bookie 'drift out' - that is, get longer (say from 4/1 to 10/1) or shorten (say from 4/1 to 7/2). Obviously we're using the UK fractional odds system here, not US or European - this does not alter the principle though.
Imagine a tennis match between two players: A and B. You have found the bookmaker which gives odds 2,05 on Player A and 1,90 on Player B. The other bookmaker's odds are respectively 1,80 on Player A and 2,05 on Player B. You may notice that if you bet 100 USD at the first bookmaker on Player A and 100 USD at the second bookmaker on Player B you will gain 205 USD if Player A will win and 205 USD if Player B will win the match. So you had to stake 200 USD and you gain 205 USD - it is 5 USD bonus.
This really is up to you. There are many statistics based websites which will give you all the information you need to know. Information gathering on football fixtures and the probability of goals will vastly increase your chances of winning your bets.
Undermines success in many ways. There is comfort in knowing that as a sheep when you are wrong it is not your fault as you were simply doing what everyone else was doing. With betting, the laws of market supply and demand, dictate that long term, the sheep will get fleeced. Emotion neutralises discipline and long proven successful practices. The result of any isolated race has little or no relation to races just before that or mocbai just after that. Races should be viewed in isolation from each other. We are all emotional in betting but the players at the top of the tree have this down to a fine art and can control those emotions.
bookmaker jun88 In truth, these cheats may have done something insignificant in their eyes within a game, for instance giving away an odd run. They may have been paid handsomely for this small indiscretion, and so think there has been no harm done. But they are well and truly WRONG, as this (as has been proven) has done immeasurable damage to a game that has been revered and respected throughout the world as the fairest of games played by perfect gentlemen.
They make little or no effort in their selection process nor make an effort to extract maximum returns from their bets. Those who put the most work in are the more likely to succeed. My philosophy is simple. I believe that if a bookmaker, journalist or odds compiler spends 3 hours on a race then I'll spend 6 hours on that race to gain the edge. The famous golfer Gary Player once said "The Harder I Work the Luckier I Get". That is true about both golf and betting.Most people can't spend 12 hours a day studying betting as they have families, jobs, commitments and lead their own lives. That is what you pay us for. We do that study for you and re-invest money in our betting so that we can find every edge possible to Help You Win.
One word: Tennis. Tennis is the single sport bookmakers seem to have trouble controlling. They're always on top in e.g. soccer and football, but not when it comes to tennis. When betting on tennis, you've got only two possible outcomes. Simple math says you've got a 50% chance of winning (placing a bet at random).
If the betting exchanges odds are lower or equivalent to the bookmakers odds, then you should consider lay the horse at, and thereafter, wait for a chance to back the same horse to trade for a profit. This is because we all know that betting exchange odds are evidently higher than the bookmaker due to the over rounds.
You may also want to build in a 'safety net' for your own inaccuracy or bookmaker vig (built in profit margin). So you could reduce all odds on display at the bookmakers by e.g 10% or instead add 10% to your projected price for an contest.
First of all let us look at bookmaker's profits. Normally a bookmaker likes to make around 17% profit on his book. This will not always be possible and a string of winning favourites can often make a big hole in a bookies profits. However, if his book is "balanced" whatever the result he will make around 17% of turnover.
As the event gets nearer, the odds quoted by the bookie 'drift out' - that is, get longer (say from 4/1 to 10/1) or shorten (say from 4/1 to 7/2). Obviously we're using the UK fractional odds system here, not US or European - this does not alter the principle though.
Imagine a tennis match between two players: A and B. You have found the bookmaker which gives odds 2,05 on Player A and 1,90 on Player B. The other bookmaker's odds are respectively 1,80 on Player A and 2,05 on Player B. You may notice that if you bet 100 USD at the first bookmaker on Player A and 100 USD at the second bookmaker on Player B you will gain 205 USD if Player A will win and 205 USD if Player B will win the match. So you had to stake 200 USD and you gain 205 USD - it is 5 USD bonus.
This really is up to you. There are many statistics based websites which will give you all the information you need to know. Information gathering on football fixtures and the probability of goals will vastly increase your chances of winning your bets.
Undermines success in many ways. There is comfort in knowing that as a sheep when you are wrong it is not your fault as you were simply doing what everyone else was doing. With betting, the laws of market supply and demand, dictate that long term, the sheep will get fleeced. Emotion neutralises discipline and long proven successful practices. The result of any isolated race has little or no relation to races just before that or mocbai just after that. Races should be viewed in isolation from each other. We are all emotional in betting but the players at the top of the tree have this down to a fine art and can control those emotions.
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