In this, the second part of our series on value in sports betting, we are focusing on the difference between planned and default value. If you haven’t had a chance to read the first part then I suggest that you do by going here first. Planned and default value are not official terms, they are something ...…
I received an email from a reader last month that prompted me to write a series of articles this month that focus on value in odds and the reasons for its importance. Without value in odds it is impossible to make a profit. This is not just me giving my opinion but a mathematical fact ...…
Today I want to write about something that I hope will make the difference to your profits if you have ever considered using a tipster. If you are a regular visitor to my blog then you will know that if you are going to try a tipster you need to research them carefully and then ...…
The Kelly Criterion is a method of staking that is used by some of the biggest betting teams in the world. It is designed to grow your bankroll at the optimum rate. In other words, using this staking you should not be possible to grow your bankroll any faster! In reality it is not quite this ...…
It is important to know your return on investment (ROI), but when it comes to lay bets you must make sure that you calculate it properly. When calculating ROI you usually add to together all your bets and divide the amount of profit you have made by the amount you have bet. Unfortunately this does not ...…
It is a common mistake to want to bet a single horse in each race. If you honestly only think that one horse can win the race then by all means bet a single horse. However how often do you think that there is only one horse with any possibility of winning the race? I would ...…
Betting is something that requires a high level of planning and discipline in order to achieve the desired results. As a popular saying goes, to fail to plan is to plan to fail. This is very true in betting or wagering. As such, a staking plan has to be in place whenever a bettor wants ...…
Fixed Profits or Fixed Stakes? They’ve both got pros and cons but can you ever really definitively say one is better than another? Doctor of Danger from http://www.thinkbetprofit.com/ says “yes”. For those of you who may not have heard of DoD (Doctor of Danger) he is one of the owners over at Think Bet Profit has ...…
I mentioned about the reverse Kelly concept in a recent webinar that I held and there has been a lot of interest in going into more detail on it. I have to say straight up that this wasn’t my invention. I came across the concept a while ago from an American author, David Schwarz (you ...…
Guest post written by Eddie Lloyd We need to start by keeping it simple. To illustrate this I thought I’d relay how I started out and have continued over the last three years. Prior to my journey as a pro, I had to establish how I was to start building my bank up from a small ...…
In order to understand how we can profit from our betting we need to understand our personal betting patterns. As I’m sure you’re aware, if you back blindly and don’t keep records of all your bets then you’ll end up broke. But why keep records? From personal experience I would say that this is one of the ...…
Guest post written by AM Betting is something that requires a high level of planning and discipline in order to achieve the desired results. As a popular saying goes, to fail to plan is to plan to fail. This is very true in betting or wagering. As such, a staking plan has to be in place ...…
The retirement staking plan is a staking strategy that I am often asked about and today I would like to set the record straight on how it is used. It is thought to be quite a complex strategy to use, based on the theory that if you take into account the odds of the selections you ...…
Guest post written by Paul Micelli Bankroll management has an integral part to play in the world of the sports bettor and adopting a sensible attitude to controlling funds can often make the biggest difference in enjoying long-term success or blowing your stack on a single event. Although many bettors apply stakes on a random basis, the ...…
Guest post written by Paul Micelli Although the overwhelming majority of sports betting enthusiasts prefer to make their selections based on traditional indicators such as recent playing form or the head-to-head records of two rival sides, there are a number of punters who prefer to implement betting systems in an effort to give them an edge ...…
Guest post written by Peter Sackville There is much advice from many sources on a daily basis when it comes to horse selections and those that are given out as tips. Consider however that a professional staking plan is what separates most punters from success. Using the right staking plan can help to turn a hobby ...…
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