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Sports betting offers a fun and exciting way of earning money online. It combines the fun of enjoying your favorite game and the additional excitement of getting money from your sports team’s victory. There are those who make online sports betting a way of earning money. They improvise a system that will make the chance of winning higher by using facts gathered from previous games. While some bettors bet based on instinct or according to their personal favorites, Real Casino in Review bettors that aims at earning money would use a formula based on available resources to improve their chance of winning. There are websites that use sports betting system to predict winners. Look for the best sports betting website for a more reliable predictions.
Luck still plays a big role in winning or losing the game. But there are measurable aspects of the game that will balance luck with probability which therefore increase the chance of winning. Bookmakers often change the weight of winning and losing stake to encourage bettors in a lopsided game. There is a choice whether to stay on the safer margin or go against the odds for a larger stake. Wise bettors tend to go safe and ensure win with lower stakes while those who like to gamble would go with the spread for a larger stake.
The best sports betting strategy is to bet against the public. Bookmakers will prompt you to bet against the public whenever certain games are causing the public to bet on a match in favor of a losing team. This will cause a high percentage of winning to those who will bet in favor of the winning team. Bookmakers often require subscription to be able to get alerts on the games with a high percentage of winning against a public bet.
The subscription is actually just a small amount compared to the potentially large sum of to be won through their betting against the public alert. Look for a reliable bookmaker that will provide the best sports betting strategy.
Subscribing to a bookmaker for best sports betting strategy is profitable in the long run. It would give the bettor an edge over other people because he would have an access to the bookmaker’s trade secret which is the alerts whenever there are games where there are rampant bet against a team with high probability to win.
The subscribed bettor will be ensured of a good percentage of winning. He would still be subjected to lose in some of his bet but because of the high rate of winning against losing, he will profit in his business over a period of time.Online sports betting is a profitable business for some people. There are ways to guarantee a high percentage of win by subscribing to website that specializes in analyzing information gather from previous games. The result of the analysis becomes the basis for a team’s winning percentage in their next game. These websites offer the best sports betting system in the internet. They can guarantee that bettors subscribed in their website will produce good results.
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Do you want to make more money with your soccer bets using the Football Betting Tipsters service website? There has been an increase in activity of soccer betting in recent years with the introduction of better technology for punters to bet online. However, more than 95% of all punters lose money in the long term, but there are some seasoned punters who know how to make money from it consistently.Before you bet with real money on any online website, always be sure to research them carefully first to ensure that they are not scams. Luckily, most gamblers who try online betting are aware of the dangers. To try to make more money from my soccer bets, I decided to join this tipster membership site called Football Betting Tipsters.By becoming a member of this site, you will get access to professional and expert analysis on soccer bets that are based on reliable data. However, you should always be ready to accept occasional losses as they are inevitable and no soccer betting analysis website is 100% accurate. Ever since I started using the strategies provided by this site, I have been betting more logically with more consistent winnings compared to how I was doing on my own before.
Real Casino in PopularIntroduction
In article one, I introduced you to the Betting Exchange concept and explained the basics of LAY Betting (Lay to Lose). Now in this article, I'm going to introduce you to another unique and powerful feature of the betting exchanges, the Place Markets.
What Are Betting Exchange Place Markets?
Place markets are as the name suggests, markets which allow you to bet on a selection to be 'placed'. Eg. a horse to finish 1st, 2nd or 3rd in a 8 runner or larger field.
Now, the first and most important thing to highlight here is that these place markets are completely different to the well known Each Way (EW) betting markets offered by traditional bookmakers. The Each Way bet is in fact 2 bets of equal stakes.
The 1st stake is on the selection to win and the 2nd is on it to be placed. So a £10 EW bet will cost you £20 in total.
A £10 place bet on a Betting Exchange is a single bet and therefore will only cost you £10. If your selection finishes in a place, you collect your winnings and smile.
Think about it for a minute. How many times have you been certain that a horse will be placed, but you have not been confident that it will win...
Traditional Each Way Betting
Take the following example. A horse named 'Im gonna be placed' that is available to back with traditional bookmakers at 4/1 (5.0). Your very confident that it will finish in the top 3 in a 10 runner field.
With a traditional bookmaker, your options are:
1) Take a chance on it winning and place a win single on it. E.g. £10 at 4/1
2) Place an EW bet on it. E.g. £10 EW at 4/1 (5.0). Total stakes £20. The bookies will pay you 1/5 odds on the place element of this E/W bet based on their standard EW rules. On our horse which is available to back at 5.0 this equates to 1.8
Now, the only time the above race will be profitable for you is if the horse actually wins. In both cases you would make a very nice profit if it did. For option 1 you would win £40 profit and for option 2, £48 profit.
BUT, if as you suspected the horse only finishes placed in 2nd or 3rd, you actually lose money in both cases. With option 1 you obviously lose all your stake money so are down £10. With option 2, you win £8 on the Place side of the EW bet but still lose £2 overall as the win part of the bet was a losing one.
Enter The Betting Exchange Place Markets
Using the above example and depending upon the prices of the other horses in the race, you would probably see the Betting Exchanges offering odds of around 1.60 - 2.00 (evens) on this horse being placed. You can therefore put your £10 PLACE bet on at say 1.8 and collect £8 profit (minus commission) as long as the horse finishes 1st, 2nd or 3rd. Only if the horse finishes outside of the top 3 do you lose your £10 stake.
I'm sure this has got you thinking and you can probably see the power in this straight away!
When combined with a good staking plan and a sensible selection process, it can be common to have very long winning streaks when backing horses to be placed on the betting exchanges. These longer winning streaks more than make up for the relatively short prices that are offered on selections to be placed.
Place Market Important Notes
A few important things to note about place markets:
1) Unlike the betting exchange win markets, Place markets DO NOT go "In-Running" when the race starts but this is true of the traditional E/W bets offered by bookies as well.
2) If a race is planned as a 8 runner or more event but a number of horses become non-runners leaving less than 8 runners, the betting exchanges still offer odds on 3 places. This is different to bookmakers who in such cases adjust their odds on the place payment from 1/5 to 1/4 of the win odds BUT they only pay out on 2 places. If a 5,6 or 7 runner field is shortened to less than 5 runners, the betting exchanges will still offer place markets and payout if the horse finishes 1st or 2nd.
3) You can make up the equivalent of an E/W bet on the betting exchanges by placing a bet on the win market and a separate bet on the place market. Depending upon the type of race and the form of the market, you will often find that this offers more value in terms of odds than an E/W bet with a bookmaker.
Backing Or Laying On The Place Markets
As explained in article 1, the ability to Lay a selection is perhaps the most important feature of the betting exchanges. You now have the ability to Lay selections to be placed. In other words, if you have a valid reason to believe that a selection will not even finish in a place, Lay it to Lose on a betting exchange. The real beauty of laying on the place markets, is that the odds are always much lower than the outright win odds so your lay liabilities are much lower.
Trading On The Place Markets
As the place market prices are much lower than the outright win market prices, they also offer a great place to learn the skill of TRADING without much risk to your balance! Betting Exchange trading is simply the process of betting on price movements for guaranteed profits. E.g. Back a horse at 4.0 and then Lay it later at 3.0 for a no risk bet or guaranteed profit regardless of the outcome!
Betting exchange trading will be covered in detail in a future betting article.
Place markets should be used as part of your betting armory. They offer you the chance to make money frequently with long winning streaks being very common. This helps to build your confidence as well as your betting bank!
Bookie Each Way bets are not always poor bets but in the vast majority of races, the odds are stacked firmly in the favour of the bookmakers. They simply love punters taking EW bets on these races as they know its their bread and butter. A small proportion of races where the market is formed in a certain way do offer the punter very good E/W value but that's for a different day...
Well that's it for part 2 of my betting exchange articles. In part 3, I will be explaining the Betting Exchange In-Running markets.
Betting Exchanges and Lay Betting - An IntroductionWhy A Betting Exchange Can Offer You The Key To Successful Gambling…
Too many gamblers are still living in the ‘dark ages’ and will only ever place a bet with a traditional bookmaker. They either can’t be bothered to learn how the exchanges work or simply don’t realise the features and value that can be had when betting within an exchange environment.
Believe me, using a betting exchange is very easy, and if you are not already using at least one exchange you should join one immediately after reading this article…
I'm not saying that a betting exchange should be used for all your betting. There will still be occasions when a traditional bookmaker will offer more desirable odds than those that are available on the exchanges. However, in the majority of cases you will find better value on the exchanges and additionally there are other VERY IMPORTANT features that only the betting exchanges offer. More on this later…
So What Is A Betting Exchange?
Put very simply, betting exchanges are a secure place where members of the betting public can exchange bets with each other anonymously, at odds that they specify themselves. The exchange companies simply act as the 'middleman' and match peoples bets.
As there are no bookie margins to factor in, prices are very often more desirable. The betting exchange companies make their money by taking a commission payment on your winning bets. This is usually in the region of 3 - 5%, but even taking this into account, it’s very common to find better prices on the exchange.
The cumulative effect of better prices when combined with a good staking plan, can make the difference between you generating a healthy profit or a bad loss. Using an exchange does not mean you will automatically win more frequently! You still have to find good value winning bets yourself or via a professional tipster but it’s the effect of getting a better return on your winning bets that will boost your betting bank and protect you during losing streaks.
Most people use the betting exchanges on the internet, but you can also place bets on the telephone.
Betting Exchange Advantages
As well as regularly finding better prices when backing a selection, exchanges also give the gambler some other very important advantages over traditional bookmakers.
Some of the key advantages are:
1) The ability to LAY a selection if you think it will not win.
2) The ability to BACK or LAY a selection to be PLACED. (This is very different to the well know Each Way bet offered by bookies and can be very powerful).
3) Betting IN RUNNING on many events INCLUDING HORSE RACING. This can give you many advantages and opens the door to new methods that may secure you more profits.
4) If you are very successful, you will not have the exchange company threatening to shut your account down. A very important point !
5) The ability to TRADE on price movements in betting events to guarantee yourself a profit regardless of the result.
6) Arbitrage Opportunities. Bookie and exchange price discrepancies often allow you to take a NO RISK bet.
Those are some of the key benefits of using a betting exchange and I will dig deeper into these and explain how you can use them to your advantage in future betting articles.
For the remainder of this article, lets concentrate on point 1 above, LAYING a selection to Lose.
LAYING A Selection to Lose – A Major Advantage Of The Betting Exchanges
Probably the most important feature of a betting exchange is the ability to LAY a selection. But what does laying a selection mean?
Laying a selection is often referred to as 'Playing the role of a bookmaker'. Like a bookie, you offer a price against a selection / event happening (eg. a certain horse to win a race or a football match ending as a draw). You only do this if in your opinion there is a great chance that the horse won't win or the football match will not end as a draw. The betting exchanges simply match your lay bets with other customers who think the opposite of you (eg they think the horse will win or the match will end as a draw).
The odds that you offer determine how much money you will need to 'pay out' if the selection actually wins (just like the bookie does when you have a winning bet with them). So if you were to place a lay bet of £10 at 5.0 (4/1) against a selection, you would be liable to pay out £40 from your account if that selection won (The other punter gets their £10 back plus £40 profit). If however, the selection does lose you get to keep the £10 staked by the other punter (just like the bookies have done with all your losing bets all these years!). It's as simple as that.
Now, you might be thinking 'great, I'll simply lay all the rank outsiders and clean up'. STOP! Don't even go down this route. If you keep placing lay bets on selections trading with very high odds (eg 50/1), you will win regularly but when 1 of them comes first you will probably wipe out all your winnings and more! A single £10 lay bet at 50/1 would see you liable for paying out £500 should the selection win!
Therefore, I strongly recommend that you decide upon a sensible upper limit for lay odds and stick to it no matter what. Just think about how many favourites get turned over in horse races every day of the year that are perhaps available to lay at very short odds like 1.5 (1/2). Your liability on a £10 lay bet at these odds is only £5, or £50 on a £100 lay bet. I like to keep my lay bets at odds below 4.0 (3/1) but that's just my own personal choice but it gives you something to go on.
Flexible Odds / Placing an Order
The odds you offer obviously need to be realistic in order to be matched, but if you are not happy with the current price being requested by other punters you can simply place an 'order' in the exchange at your odds and hope that somebody eventually accepts your offer. (eg you may feel that the current price of 3.0 (2/1) is too high a price to lay a certain selection, so offer a lay bet at 2.75 (7/4) instead). If your lucky the price may well be matched. If the event starts without your lay bet being matched, your bet is simply cancelled so you gain/lose nothing.
Lay Betting might sound very confusing to the exchange newbie, but believe me it soon becomes very straightforward and you will find yourself laying selections much more frequently than you think. Let's be honest, it must be easier to pick a horse you feel will definitely lose in a average 12 runner race, than find the single winner!
Well that's it for part 1 of my betting exchange articles. In part 2, I will be explaining the Betting Exchange Place markets and how you can benefit from them.