Around the world, the online casino scene has taken off. The popularity, presence, and profitability are being recognised by more companies, and more importantly, more governments and rule regulators.
As a result, more countries in Europe are warming quicker to the idea of legalising online casino and sports betting in their areas of jurisdiction.
For fans of online casino play, this comes at a good time with the UK currently experimenting with a raft of new regulations to introduce limits on online gambling.
UK players to look elsewhere?
With new regulations and pilot projects coming into effect in the UK online casino industry, UK-based players are slightly feeling the squeeze on their freedom within the online realm.
The White Paper on online slots, published in April 2023, and the future affordability checks to be conducted from the end of August by the UK Gambling Commission (UKGC) have caused unrest amongst the online casino community, with many believing their online rights are being taken away.
Limits on online slots stakes that allow a maximum of £5 for over-25 players and £2 for under-25 (18-24) players to be wagered, alongside the new pilot to introduce “unobtrusive checks” on players that lose £125 over 30 days, or £500 over a year have been introduced to protect vulnerable players.
While it is important to shield the vulnerable, losses are not incurred by every online casino player. It is a tricky balance to find for the Department for Culture, Media and Sport (DCMS) and the UKGC, and their decision could lead players to look elsewhere for online casino action.
More markets opening in Europe
Over the past few years, the presence of online casino operators on the European continent has increased significantly. Possibly aided by the recent pandemic that confined people to their homes, online gambling is also currently riding the digital wave that is engulfing our society.
With more technological and software advancements, coupled with people spending substantially more time online, online gambling has the platform to thrive on. And this has not gone unnoticed by European companies.
In terms of European markets that have altered their stance, Germany is one of leaders in showing a more open attitude to online gambling. As a country with one of the most EU casinos accepting UK players, Germany has displayed a willingness to keep up with the online casino movement that it welcomed in its house in 2021.
Although classic games such as roulette or blackjack are not legalised yet, online poker, online slots, and sports betting have established themselves in the German online gambling industry.
With other countries such as Netherlands, Spain, Italy and France relaxing their laws around online gambling, there is certainly more potential and space for online gambling operators to work in in the future.
https://www.honestbettingreviews.com/wp-content/uploads/Online-casino-pixahive.png398600Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2024-06-19 12:03:052024-06-19 12:03:06Exploring Online Casinos in Europe
As the US Open Tennis Championship approaches, anticipation and excitement fill the air, with fans and analysts alike speculating on who will emerge victorious at one of the sport’s most prestigious events.
The final Grand Slam of the year, the US Open consistently delivers high-stakes matches and unforgettable moments on the hard courts of Flushing Meadows.
This year’s tournament promises no less, featuring a blend of seasoned champions and rising stars all vying for the coveted title.
In this article, we delve into the top contenders, examining their recent performances, strengths, and what makes them the favorites to lift the trophy on the Arthur Ashe Stadium.
Men’s Singles Favourites
The men’s singles category at the US Open is known for its late-night encounters on the famous show courts of Arthur Ashe and Louis Armstrong.
This year, several players stand out as the favourites for the title.
Let’s take a closer look at their strengths, weaknesses, betting odds and chances for this year’s men’s US Open title.
Carlos Alcaraz
US Open record: QF-W-SF
Odds: 7/4 (or 2.75 in decimal odds)
Grand slam wins: US Open 2022, Wimbledon 2023, French Open 2024
The 2022 US Open champion comes into the tournament as the favourite, at a general price of around 7/4 (or 2.75 in decimal odds).
Having won at Roland Garros, Alcaraz has now proved he can win on any surface, with hard courts being a strong fit for his game.
The Spaniard became the youngest men’s world number one in the Open era in 2022 and how has three grand slam titles to his name, all on different surfaces.
In 2024, he has claimed two titles so far, the Indian Wells Masters Series event and Roland Garros.
Alcaraz is currently ranked world number 2 and will be looking to recapture the number one ranking this Summer if he can perform well in the big events.
The young superstar has demonstrated a strong affinity for hard courts, with two victories at Indian Wells, as well as wins in Miami and at the US Open already in his young career.
With questions surrounding Djokovic’s form and fitness, Alcaraz has elevated himself to the top of the bookmaker’s odds for the US Open and there will be few who question his place there.
The Spaniard will be looking to repeat his 2022 success at Flushing Meadows and there will be many backing him to do so.
Novak Djokovic
US Open record: Winner 2011, 2015, 2018, 2023
Odds: 12/5 (3.4 in decimal odds)
Grand slam wins: 10 Australian Opens, 4 US Opens, 7 Wimbledons, 3 French Opens
Novak Djokovic, a four-time winner at Flushing Meadows and the defending champion, would typically be the favorite for the tournament.
However, his recent injury troubles have cast doubt on his ability to compete at Flushing Meadows.
After withdrawing from the French Open due to a knee injury, there are concerns about whether Djokovic will be fully ready to compete at the US Open.
He currently stands at odds of around 12/5 (3.4 in decimal odds), but it would be worth checking out the bookies’ terms and conditions regarding withdrawals if Djokovic is not able to compete – you would not want to lose any pre-tournament bets in such a scenario.
Most bookies would refund your stake if Djokovic doesn’t start the event but it is worth checking with your bookie before placing any bets.
Djokovic’s four US Open titles are an impressive haul but sit well behind his 10 Australian Open titles, with the hard courts of Melbourne being his favoured surface.
Despite having an astonishing 2023 in which he came within one set of winning all four grand slams, losing only to Carlos Alcaraz at Wimbledon, Djokovic has struggled so far in 2024.
Losing in the Australian Open semi-final to Jannik Sinner and exiting early in tournaments at Indian Wells, Rome, and Geneva, the Serb then withdrew from Roland Garros, requiring surgery on his knee.
Djokovic has not won a tournament in 2024, and it remains unclear if he will be fully fit for the US Open.
It is perhaps best to wait and see how his recovery from surgery goes and how his fitness develops in the run-up to the US Open before deciding whether to place any wagers on the Serb.
Another strong contender for the title is Italian Jannik Sinner.
This year has been a breakthrough for the 22-year-old, marked by his first Grand Slam title at the Australian Open in January after a dramatic comeback against Daniil Medvedev.
Sinner has built on this success with titles in Rotterdam and Miami. Following Djokovic’s withdrawal from the French Open, he ascended to the world number one ranking.
Currently, Sinner is rated around a 11/4 (3.75 in decimal odds) chance to win this year’s US Open, competing for favouritism with Carlos Alcaraz.
The Italian has generally struggled at Flushing Meadows, with his best performance a quarter-final in 2022.
However, Sinner is a much better player these days and his first round losses in 2019 and 2020 were as a young teenager so do not have much relevance to the player he is today.
Having enjoyed such a stellar year in 2024—winning his first Grand Slam title and reaching world number one—it will be interesting to see if Sinner can now step up at the US Open and improve on that previous best finish of a quarter final.
Daniil Medvedev
US Open record: 1R-3R-F-SF-W-4R-F
Odds: 7/1 (or 8.0 in decimal odds)
Grand slam wins: US Open 2021
Daniil Medvedev’s prospects for the 2024 US Open are promising, given his past performances at the tournament and his form this year.
Medvedev triumphed at the US Open in 2021, capturing his first Grand Slam title with a commanding victory over Novak Djokovic in the final.
His US Open record also includes runner-up finishes in 2019 – where he pushed Rafael Nadal to five sets in a thrilling final – and 2023, when he lost to Djokovic, as well as a semifinal appearance in 2020, underscoring his consistency at Flushing Meadows.
In 2024, Medvedev has demonstrated solid form, reaching finals at the Australian Open and Indian Wells along with a semi-final in Miami.
His powerful baseline game, coupled with his strategic acumen on hard courts, positions him as a formidable contender for the US Open.
If Medvedev can carry his current momentum into the tournament, he has a strong chance of reclaiming the US Open crown.
Women’s Singles Favourites
Now it’s time to take a look at the favourites for the women’s singles title at Flushing Meadows.
It’s a strong betting heat for the title this year, with a close battle for favouritism.
Iga Swiatek
US Open record: 2R-3R-4R-W-4R
Odds: 10/3 (or 4.33 in decimal odds)
Grand slam wins: French Open 2020, 2022, 2023, 2024, US Open 2022
Pole Iga Swiatek has been in exceptional form in 2024, winning titles in Rome, Madrid, Indian Wells, Doha and most significantly, her fourth title at Roland Garros in June.
With five Grand Slam titles to her name, Swiatek is undoubtedly a top contender at this level.
Despite this, her odds for the US Open are around 10/3 (or 4.33 in decimal odds), reflecting the fact that clay is by far her preferred surface and the Pole is not quite the same dominant figure on hard courts.
Swiatek does have one US Open title to her name though and two hard court titles already tucked away this year.
Other contenders on these courts such as Sabalenka will push her harder than she was stretched on the clay courts.
However, if Swiatek can transfer her clay court form over to the hard courts she will be a formidable opponent for anyone at Flushing Meadows.
Aryna Sabalenka
US Open record: 4R-2R-2R-SF-SF-F
Odds: 10/3 (or 4.33 in decimal odds)
Grand slam wins: Australian Open 2023, 2024
The big-hitting Belarusian star comes into the US Open as joint-favourite with Iga Swiatek, at general odds of around 10/3 (or 4.33 in decimal odds).
With the Australian Open title already tucked under her belt earlier this year, Sabalenka will be hoping to add the other hard court grand slam to her growing collection of titles.
That victory in Melbourne in January marked her second Grand Slam title, successfully defending her Australian Open crown from the previous year.
Since her triumph in Melbourne earlier this year, Sabalenka has maintained solid form, reaching finals in both Rome and Madrid, though she was defeated by clay court specialist Swiatek on each occasion.
Her form at Flushing Meadows is progressive, with two semifinal appearances in 2021 and 2022 followed by a run to the final last year where she was beaten by Coco Gauff in three sets.
Her powerful serve and aggressive play are well-suited to hard courts, evidenced by her record in Melbourne.
The Belarusian aims to add another Grand Slam to her tally with a victory at the US Open and is rightly considered one of the favorites to achieve this.
Cori Gauff
US Open record: 3R-1R-2R-QF-W
Odds: 6/1 (or 7.0 in decimal odds)
Grand slam wins: US Open 2023
Cori (also known as “Coco”) Gauff achieved her big breakthrough at Flushing Meadows last year with victory in the final over Aryna Sabalenka in three dramatic sets.
It was Gauff’s first grand slam in a career that has promised so much since she burst onto the scene at Wimbledon as a fifteen year-old back in 2019.
Emotional scenes accompanied the victory in front of the American’s home crowd and elevated her status within the game to new heights.
In 2024, Gauff has been in solid form with semi-final appearances at the French Open, Australian Open, Indian Wells and in Rome.
Gauff has often been found wanting in the latter stages of tournaments though and will need to rediscover her consistency if she wants to defend her title at Flushing Meadows.
If she can do that and harness the home crowd’s support, then she will be in with a decent chance of defending her title.
There will be those willing to wager that being back at Flushing Meadows will be the inspiration the American needs to raise her game and keep hold of the trophy she won so dramatically last year.
The modern market stimulates constant competition between businesses and other companies. A company must regularly win clients’ trust and be the most attractive for engaging with.
This applies to all segments, including online gambling. A good casino should offer generous bonuses and excellent conditions and attract players at first sight. A high-quality and memorable logo can arouse interest at first sight.
The Importance of Casino Logos
Scientists and psychologists say we make many decisions almost instantly, based only on the initial impression. Product design is of great importance because, in a few seconds, it can either attract the attention or repel a potential customer. Let’s talk about the most important features of a quality logo.
Creation of a unique image. For a successful brand, brands need to tell a story that will influence customers’ emotions. A high-quality logo allows them to define important features of the platform and create a competitive identity.
Piques interest. A logo will help quickly attract viewers’ attention and convey the company’s core values. If the venue has a high-quality and memorable logo, this short glance from the buyer can work in its favor.
Identification. A good logo is a visual, aesthetically pleasing element and should evoke positive memories of the brand. It is a point of identification, a symbol that helps customers recognize or remember a company.
Differences from competitors. A logo helps emphasize individuality and stand out from most platforms. It’s a way to express the values and show consumers why the company is better than its competitors.
A high-quality logo for an online casino is useful at almost all stages. A successful symbol allows the casino to attract newcomers, make them remember the brand, and also stimulate an increase in brand loyalty.
Common Symbols and Themes
Today, hundreds of online casinos officially operate in the gambling segment; each company has its own logo. This hobby has characteristics, which is why some symbols are more popular.
Luck and Prosperity. Gambling platforms often use different images to symbolize luck in different countries. This could be a lucky seven, a clover, a horseshoe, etc. In this way, the company wants to say that the client has a real chance of success on their website.
Animals. Various animals can be totems for casinos. For example, you can often see lions, tigers, pandas, or dragons (especially popular in the Asian segment). This way, logos symbolize strength, authority, or friendliness, attracting potential customers.
Royalty and Prestige. Many gamblers are attracted by the chance to win big and become the owners of real wealth. Unsurprisingly, some casinos use crown symbols, laurel wreaths, and royal insignia in their logos. Such elements should emphasize that clients belong to the upper class and their VIP status.
Modern and minimalism. Modern trends aim to simplify logos. The absence of many elements lets you concentrate on the emblem and remember its essence. This applies to online casinos and many famous brands – the flat Peugeot emblem, the Nike logo, etc. It is not surprising that today, many gambling platforms use simple forms: clean lines, simple typography, and geometric shapes.
Classic imagery. Of course, many casinos want to emphasize their belonging to the gambling world and evoke appropriate emotions in their customers. You can often see elements such as dice, playing cards, and roulette wheels on various logos.
Of course, this is just the beginning of a much more extensive list. Companies can also use other symbols that suit their brand: gin, jungle, swords, etc. Everything is limited only by designers’ imagination and marketers’ decisions.
Iconic Casino Logos
Every modern online casino tries to emphasize individuality and make its logo the most memorable. We want to draw your attention to several interesting platforms with quality logos.
Lucky 7. This is a no KYC casino with a good reputation. The company logo tries to hint to the user about great potential luck, which is why the number 7 is large and bright in color.
Richard Casino. In this case, the casino hints at the privilege of the players. The company logo depicts a lion with a crown, which symbolizes the prestige of this platform.
Casino Stars. Marketers chose a good combination of the classic five-pointed star and the gambling symbol in the form of a suit of spades.
Spin Casino is a modern casino that says so at first glance. The emblem features the face of an alien and a bright neon inscription that attracts attention.
As you can see, each company’s approach is designed to build trust and highlight individuality.
The Role of Technology in Casino Logo
Technologies make our lives more convenient and our work more productive. They offer excellent tools to create high-quality logos as quickly as possible. Programs such as Photoshop, Jeta Logo Designer, AAA Logo, Inkscape, and others expand the list of possibilities. Moreover, new tools have recently appeared that make the approach completely different.
We are talking about artificial intelligence. Using AI can solve several problems and help at various stages. For example, intelligence can analyze existing trends and consider companies’ success. Based on this data, the program will make recommendations on color, geometry, symbols, fonts, etc. Moreover, artificial intelligence can draw initial sketches that a professional designer will finalize.
Challenges in Casino Logo Design
Designing a casino logo presents unique challenges that require carefully balancing creativity, brand identity, and industry appeal.
One of the primary challenges is creating a logo that stands out in a crowded market while conveying the themes of luck, luxury, and entertainment central to the casino experience. The logo must be distinctive yet versatile. Additionally, it must resonate with a diverse audience, including seasoned gamblers and newcomers.
The logo must reflect the casino’s unique brand identity and values. Casinos often emphasize themes such as luxury, excitement, and trustworthiness. Designers must incorporate these elements into the logo in a visually appealing and memorable way.
Rights. Of course, the legal aspects are much more complex and profound, but a logo on a product is still another way to protect it. The logo must comply with legal and regulatory standards, avoiding inappropriate or misleading imagery.
Study the emblems of successful companies and brands in the chosen segment to avoid mistakes when developing and creating a logo. Remember that the ideal logo is attractive and memorable and should reflect the core aspects of the platform.
https://www.honestbettingreviews.com/wp-content/uploads/casino-online-pic-3.png380632Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2024-06-18 11:53:382024-06-18 11:53:38The Iconography of Casino Logos: Symbols of Luck, Luxury, and Excitement
Fugly Pets is a unique and engaging slot game developed by Stakelogic, released in 2024.
Embracing a distinctive theme, this game features a variety of unattractive yet endearing pets, providing a fresh alternative to the typically cute and cuddly animal-themed slots.
Since its release, Fugly Pets has garnered positive attention for its quirky concept and engaging gameplay, making it a popular choice among slot enthusiasts.
Fugly Pets operates on a 5×5 reel grid with 3,125 ways to win, offering a medium to high-volatility gaming experience.
The game boasts a respectable RTP (Return to Player) rate of 96%, with alternative versions available at 95.5% and 93.8% depending on the casino.
Players can enjoy this slot across various devices, including desktops, tablets, and mobile phones, ensuring a seamless gaming experience across platforms.
Fugly Pets is available on numerous top platforms. Players looking for casino bonuses can also be available while playing this engaging slot game.
Gameplay and Features
Fugly Pets stands out with its array of innovative features designed to keep players entertained.
The game’s symbols include low-paying cards (10, J, Q, K, A) and high-paying quirky pet characters such as a rat, lizard, parrot, cat, and dog. The highest paying symbol is a pug named Fluffy, offering a payout of 5 times the bet for five in combination.
Wild and Scatter Symbols
The wild symbol in Fugly Pets is depicted as a battered teddy bear, which can appear on reels 2, 3, 4, and 5. This symbol substitutes for all standard symbols to help create winning combinations. The scatter symbol, represented by a can of pet food, triggers the free spins feature when three or more appear on the reels.
Cascading Reels
One of the core mechanics of Fugly Pets is the cascading reels feature. When a winning combination is formed, the winning symbols are removed, allowing new symbols to drop into the empty spaces, potentially creating additional wins. This cascading effect continues until no new winning combinations are formed.
Free Spins and Multipliers
The free spins feature is activated by landing three or more scatter symbols, awarding 10, 12, or 15 free spins based on the number of scatters. The game introduces a persistent multiplier for high-paying symbols during free spins, which increases with each win and does not reset between spins. It significantly increases the potential for big wins during the free spins round.
Super Symbols and Roadkill Feature
Fugly Pets also includes Super Symbols, which can appear in sizes ranging from 2×2 to 4×4. These larger symbols drop to the bottom of the reel, clearing all symbols below them and potentially creating new winning combinations with the cascading reels feature.
Additionally, the Roadkill symbol, represented by a flaming car tire, can transform or remove symbols to create more opportunities for cascades and wins.
Feature Buy Option
For players eager to jump straight into the action, Fugly Pets offers aFeature Buy option. This allows players to purchase access to the free spins feature for a set price, providing immediate opportunities for big wins.
The cost varies depending on the number of free spins purchased, with options including 10 spins for 100 times the bet, 12 spins for 125 times the bet, and 15 spins for 165 times the bet.
Conclusion
Fugly Pets is a slot game that appeals to players who enjoy unique themes and solid features. Its quirky design and engaging gameplay mechanics make it a standout choice for those seeking something different from the norm.
The game’s base features, including wilds, scatters, cascading reels, and super symbols, create a dynamic and entertaining experience. However, the true potential of Fugly Pets shines during the free spins round, where symbol multipliers do not reset between spins.
The feature and the ability to create winning combinations with just two high-paying symbols significantly enhance the chances of securing big wins.
This slot particularly appeals to players who appreciate innovative features and a balance between risk and reward. The medium to high volatility ensures that the game provides a thrilling experience with the potential for substantial payouts, especially during the free spins round.
The Feature Buy option also caters to players who prefer to dive straight into the action without waiting for the bonus features to trigger naturally.
https://www.honestbettingreviews.com/wp-content/uploads/Slots-shutterstock_1660859737.png400800Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2024-06-14 13:05:282025-06-04 14:07:07Discover the Quirky Charm of Fugly Pets: A Slot Overview
In the world of sports betting, numbers and abbreviations can often seem confusing to the uninitiated.
One such term that frequently comes up, especially in European betting markets, is “12”.
Understanding this term is crucial for bettors who want to make informed decisions and maximize their chances of winning.
This article delves into what “12” means in betting, its significance, and how bettors can use it to their advantage.
Understanding the Basics
To grasp the meaning of “12” in betting, it’s essential to start with the basics of sports betting markets.
Sports betting typically involves predicting the outcome of a sporting event.
The most common bets include predicting the winner of a match, the total number of goals or points, or specific events within the match.
In football (soccer), which is one of the most popular sports for betting, there are three possible outcomes in a standard match: the home team wins, the away team wins, or the match ends in a draw.
These outcomes are often represented by the numbers 1, X, and 2, respectively. Here’s a quick breakdown:
1: The home team wins.
X: The match ends in a draw.
2: The away team wins.
The “12” Bet Explained
The “12” bet is a type of bet that combines two of these possible outcomes.
Specifically, it is a bet on either the home team (1) or the away team (2) to win the match.
Therefore, a “12” bet means the bettor is wagering that the match will not end in a draw.
If the match does end in a draw, the bet loses.
This type of bet is often referred to as a “double chance” bet because it offers two chances to win instead of just one.
It’s a popular option for bettors who want to increase their chances of winning, albeit often at lower odds compared to betting on a single outcome.
There are several reasons why a bettor might choose a “12” bet:
Reduced Risk: Since the bet covers two of the three possible outcomes, the risk of losing is significantly reduced. This makes it an attractive option for risk-averse bettors.
Higher Probability of Winning: By betting on either team to win, the probability of winning the bet is higher compared to betting on a single outcome (either 1 or 2). This is particularly useful in matches where a draw is deemed unlikely. However, it is worth bearing in mind that the odds will also be lower for 12 bet versus backing just one team.
Taking on the Draw: In matches where a draw looks unlikely but it is tough to decide which of the teams will win, a 12 bet can be an effective choice. This is often the case when two high-scoring teams are playing each other.
Examples of “12” Betting
To illustrate how “12” betting works, let’s consider an example.
Here is a match between Spain and Croatia, with odds from the Betfair exchange:
To create a “12” bet, there are three options:
Backing both Spain and Croatia to win
Laying the draw
Using the double chance market
All options have the same effect, as we will see below.
Let’s have a look firstly at backing both Spain and Croatia to win.
We can do this by clicking on Spain and Croatia back button in blue and then the “Stake” button the betslip, which will ensure we have approximately the same profit if either team win:
In the example above, we have chosen a total stake of £99.99.
That would give us a profit of just over £38.40 if either team wins.
That is a simple way to manually carry out a “12 bet.”
The second – and even simpler – option is to lay the draw.
Here we have layed the draw at odds of 3.6 for £38.45.
That gives us a liability of £99.97.
It has the same effect as backing Spain and Croatia to win:
So laying the draw might be the preferable option, simply as it involves fewer clicks!
However, there is a third option, and that is to use the specific “Double Chance” market.
In this market, we would be looking to back “home or away:”
That means we are covering Spain and Croatia to win, so it is the same as a “12” bet.
So there you have it, three options for placing a “12” bet.
There is very little practical difference between the three so it’s just a question of which one you prefer to use.
Strategies for Using “12” Bets
Effective betting is not just about understanding the terms but also about implementing strategies that maximize your chances of winning.
Here are some strategies to consider when using “12” bets:
Analyze Team Form and Statistics: Before placing a “12” bet, analyze the recent performance, head-to-head records, and overall statistics of both teams. If both teams have a history of decisive matches with few draws, a “12” bet can be a smart choice.
Consider the Match Context: The context of the match is crucial. For example, in knockout stages of tournaments, teams can become cagey and there are often higher chances of a draw.
Weather and Pitch Conditions: External factors like weather and pitch conditions can affect the likelihood of a draw. Poor conditions might lead to fewer goals and a higher chance of a draw, in which case a “12” bet might be less favorable.
In-Play Betting: Utilize in-play or live betting to place a “12” bet based on how the match is unfolding. If one team is dominating but hasn’t scored yet, the live odds for a “12” bet might offer good value.
Potential Pitfalls
While “12” bets offer reduced risk and higher chances of winning, there are potential pitfalls to be aware of:
Lower Odds: The primary trade-off for the reduced risk is lower odds. This means that while you may win more frequently, the payout for each win is smaller compared to riskier bets. In the example above, backing Spain alone is available at odds or around evens (2.0), but covering 12 gives odds of around 1.38.
Overconfidence in Favorites: Bettors may sometimes place “12” bets out of overconfidence in favorites without proper analysis. Even strong teams can underperform, and surprises do happen in sports.
Ignoring the Draw Probability: In some matches, the probability of a draw might be significant. If you ignore this factor, a “12” bet might not be the best choice.
Conclusion
The “12” bet is a valuable tool in the arsenal of any sports bettor.
By offering a safer alternative to traditional win or draw bets, it caters to those looking for a more conservative approach.
However, like all betting options, it requires a careful analysis of the teams, match conditions, and overall betting strategy to be truly effective.
By understanding and strategically utilizing the “12” bet, bettors can enhance their betting experience and potentially increase their winnings.
Good luck with any 12 bets you place and please remember to always gamble responsibly.
https://www.honestbettingreviews.com/wp-content/uploads/football-player-kicking-ball-shutterstock_1411725866.png400666Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2024-06-13 18:20:122024-06-13 18:20:12What Does 12 Mean in Betting?
Most bettors today are focused on making profit across online casinos and sportsbooks. For them, it’s the ultimate endgame.
Having fun is also important, too, but you generally find that most bettors prioritize money and odds above everything else.
This is why betting calculators, a special type of tool used in the gambling industry, have skyrocketed in popularity over recent years. And you can breathe a sigh of relief, because you don’t have to be a math expert or rocket scientist to understand how to use them.
What is a Bet Calculator?
A betting calculator is an easy-to-use tool that allows you to check the potential winnings for any type of bet you place, including singles, doubles, and accumulators.
Alex Windsor, analyst at the popular betting site bettingtools.com, believes that you should always use a bet calculator before placing any type of wager:
“With a bet calculator, you can place bets with a clearer understanding of potential profits and losses. Whenever you’re sitting on the fence about whether or not to place a particular bet, just put the odds and your potential stake into a bet calculator and see what it says. This way, you’ll quickly be able to piece together if the bet has true value.”
Most betting calculators normally work the same way. You enter the amount of money you want to bet, select the type of bet, choose the odds (e.g. moneyline or fractional), and smash the ‘Calculate’ button. It’s that easy. Within a second, the bet calculator will then return all of the relevant data to you, with the main focus being ‘Total Return’ and ‘Total Profit’.
Benefits of Using a Bet Calculator
The benefits of using a bet calculator are strong. The biggest benefit of them all is that you can understand potential payouts based on bookmaker odds. In addition to this, bet calculators allow you to plan bets more carefully, save time, eliminate complexity, and boost confidence.
Even the most experienced of bettors don’t enjoy dealing with complicated odds and numbers, which is why they rely on bet calculators to effectively do the heavy lifting for them.
So, if you’re someone who also gets overwhelmed by numbers, you’ll definitely benefit from using a bet calculator for the first time. You can view and use all the calculators you will ever need on BettingTools for free.
Example of How a Bet Calculator Works
Let’s say you’re a big football fan and Manchester City are playing against Tottenham at home. For this game, Manchester City have odds of ‘3/5’ and you want to bet £10 on them to win.
In this case, what you’d need to do is open up your bet calculator, choose ‘Single’, enter ‘3/5’ under the fractional odds, select a wager of ‘£10’, and wait to see the results. In this particular example, you’d find that your potential profit would be £6.
If this is a profit you’d deem worthy of the risk, you could then go ahead and place your bet on Manchester City to win. Alternatively, you might want to shop around different bookmaker odds to see if there’s an opportunity for greater profit elsewhere.
Where to Find a Bet Calculator
The good thing about bet calculators is that they’re incredibly easy to access. The internet is home to countless bet calculators, which can be accessed on PC, tablet, and mobile browsers.
Luckily, providers usually offer their bet calculators for free, too, so you don’t have to pay anything to use them. This is why it’s pretty much a no-brainer to add a bet calculator to your list of betting tools.
https://www.honestbettingreviews.com/wp-content/uploads/calculator-pic.png411740Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2024-06-13 13:55:332024-06-13 13:57:44It’s All in the Odds: Why Using a Bet Calculator is the Smart Choice
As the excitement builds for this year’s Open Championship, the world’s best golfers prepare to compete for the prestigious Claret Jug on the storied links of Royal Troon.
In this article we delve into the leading contenders set to make their mark in one of golf’s most revered tournaments.
From seasoned veterans with multiple major victories to rising stars making waves on the international stage, this year’s field is teeming with talent and determination.
Join us as we explore the profiles, strengths, Open records and recent performances of the top players poised to etch their names into the annals of golfing history.
We take a look at how the bookies are pricing up the top players this year and how their chances of taking the Claret Jug stack up against their odds.
Who will win this year’s Open? We’ll take a look below at the leading contenders.
Royal Troon Golf Club – A True Test for this Year’s Contenders
Royal Troon Golf Club, a perennial fixture in the rotation of Open Championship venues, presents a formidable challenge to this year’s contenders.
Known for its demanding links layout, the course stretches along the rugged Ayrshire coastline, where unpredictable winds and deep, unforgiving bunkers can turn even the most straightforward shots into daunting tasks.
The famed “Postage Stamp” 8th hole, the shortest in Open Championship golf, demands pinpoint accuracy, while the lengthy par-4 11th, “The Railway,” tests the nerve and precision of even the most seasoned professionals.
As players navigate these iconic holes, Royal Troon will undoubtedly distinguish those who can master its nuances and those who succumb to its trials, making it the perfect stage for an epic battle for the Claret Jug.
The course has been lengthened by 195 yards since it was last used for the Open back in 2016 and now measures 7385 yards, playing to a par of 71.
The 6th hole, a par 5, will be the longest in Open history at 623 yards, providing a stern test for the players.
However, despite the lengthening of that hole and the course overall, it is not overly long by modern major championship standards. Valhalla, used for this year’s PGA Championship, measured 7,609 yards for example.
Much will depend on ground and weather conditions though.
With the UK having experienced an exceptionally wet Spring and early Summer, the course is likely to play long and the rough could well be deep.
So a player who can handle tough conditions and keep his ball in play will likely be favoured at Troon this year.
Favourites for the 152nd Open Championship
Okay let’s take a look at the betting favourites for the 152nd Open Championship.
It is set to be a thrilling contest and with the bookies offering top 8, top 10, or even top 11 for each-way bets in the week of the event there is plenty of value to be found out there for punters.
Please note all odds quoted below are correct at the time of writing and are subject to change.
Scottie Scheffler
Open record: T8-T21-T23
Odds: 5/1
Major wins: Masters 2022, 2024
The world number one has had a phenomenal year so far in 2024, with a run of four wins in five starts that included the Players Championship and the Masters.
That victory at Augusta in April was achieved in emphatic style by Scheffler, as he cruised away from the field on the back nine on Sunday, triumphing by four strokes in the end from Swede Ludvig Aberg.
Scheffler has only been out of the top ten once this season and in addition to his wins has achieved second place finishes at the Charles Schwab Challenge and Houston Open and a third place at the Phoenix Open.
In the World Golf Rankings the Texan has earned nearly double the points of the second ranked player, underlining just how dominant he has been.
However, whilst Scheffler’s record at the Open is solid, with three top-25s from three starts, he has yet to show he has fully mastered the vagaries of links golf in the same way he has other styles of course.
At odds of 5/1, he is priced similarly to the odds he was for the Masters, where he had already won and in an event with a reduced field.
Given the potential for getting on the wrong side of the draw at the Open and the inherent uncertainty of links golf, there will be those who feel that 5/1 price is a little skinny.
However, given his exceptional form this year it is also difficult to argue against it being a fair price.
It will be interesting to see how Scheffler fares this time in his quest to add a Claret Jug to his pair of Green Jackets, but don’t be surprised if he walks away with the trophy on Sunday.
Major wins: US Open 2011, USPGA 2012, 2014, Open 2014
It is now 10 years since Rory McIlroy last won a major, a fact that barely seems believable at first glance.
When the Northern Irishman captured the Claret Jug at Hoylake back in 2014, it seemed like he had the golfing world at his feet.
A month later he added the USPGA Championship at Valhalla and very few – if any – would have believed you then if you’d said he would not win another major for 10 years.
It is not for want of trying however and the 35 year-old has had plenty of close shaves in recent years, perhaps most notably at St Andrews two years ago when he led after 54 holes but saw his putter go cold on him in the final round.
McIlroy has an impressive Open record, with a second, two thirds, a fourth, a fifth and a sixth to go along with his win.
He is comfortable on the links, having performed well at a number of courses on the Open rota. That includes a 5th place finish at Troon in 2016, albeit a long way behind the runaway performances of Mickelson and Stenson.
In terms of his 2024 form, McIlroy has seen an improvement in his play with a win alongside Shane Lowry at the Zurich Classic, followed by a solo success at the Wells Fargo Championship.
Overall McIlroy ticks a lot of boxes at 10/1 but the question remains whether he can overcome his 10-year major hoodoo and the baggage that comes with it and finally capture another major title.
Xander Schauffele
Open record: T20-T2-T41-T26-T15-T17
Odds: 16/1
Major wins: USPGA 2024
Fresh off his maiden major victory at the USPGA Championship in May, Xander Schauffele should be brimming with confidence heading into the Open at Troon.
With the “monkey off his back” so to speak having now captured a major championship – and his first title of any kind in two years – the unassuming Californian will be freed up to chase more major success.
His Open record is commendable with six cuts made out of six attempts, and a second place finish to Francesco Molinari at Carnoustie in 2018 proves he has what it takes to handle the toughest of links conditions.
Schauffele’s ultra consistent ball-striking makes him a contender on any golf course and his ability to flight the ball and hit a variety of shots equips him to handle the strong winds that are often seen at links courses.
In addition to his strong Open record, the Californian also has a Scottish Open title to his name, which came at the Renaissance Club in 2022.
Add to that seven other PGA Tour wins, an Olympic Gold medal, Ryder Cup and Presidents Cup wins and Schauffele already has a highly impressive CV at the age of just 30.
His form in 2024 has been impressive too, with second place finishes at the Wells Fargo Championship and Players Championship, third at the American Express and fourth at the Genesis to go alongside his win at the USPGA.
In all the American has notched nine top-tens from thirteen starts on the PGA Tour this season, an enviable record of consistency.
At a general price of 16/1 at the time of writing, there will be many seeing that as a value each-way bet on Schauffele for this year’s Open.
Jon Rahm
Open record: T59-T44-MC-T11-T3-T34-T2
Odds: 14/1
Major wins: US Open 2021, Masters 2023
As one of the world’s top-ranked golfers, Rahm’s powerful driving and precision iron play are well-suited to demanding links layouts.
Evidence of that can be seen in his two wins at the Irish Open at Portstewart and Lahinch, in addition to an impressive record at the Open Championship.
The Spaniard has notched a third and a second in his last three visits to the Open and appears to relish the challenge links golf presents.
His ability to control his ball flight and navigate challenging conditions are clearly assets.
Moreover, Rahm’s performances in major championships, including his victories at the U.S. Open in 2021 and last year’s Masters, demonstrate his resilience under the severest of pressures.
Since joining the LIV Tour Rahm’s major performances have been a little underwhelming by his high standards, with a T45 at the Masters followed by a missed cut at the USPGA so far this year.
He has put up some solid performances on LIV with seven top 10s notched in 2024 however.
The 29 year-old will be looking to transfer that form to the Open more effectively than he has done to the other majors so far this year.
While the unpredictable nature of links golf always introduces an element of uncertainty, Rahm’s all-round game and mental fortitude position him as a formidable contender to lift the Claret Jug this summer at odds of 14/1.
Viktor Hovland
Open record: T12-T4-T13
Odds: 18/1
Major wins: none
Shortly after having secured the FedEx Cup and playing a starring role for Europe at the Ryder Cup last Autumn, Viktor Hovland decided to change his coach.
Many were surprised at the decision given the success he had achieved with his previous coach.
Lo and behold, the Norwegian’s form suffered badly as he failed to register a top ten in his first seven starts on the PGA Tour in 2024, including a missed cut at the Masters.
However, in May Hovland went back to his old coach Joe Mayo and saw instant results, finishing third at the USPGA Championship.
Here is the Norwegian discussing the coaching changes and the impact it had:
Viktor Hovland returned to swing coach Joe Mayo ahead of the PGA Championship and immediately refound his game.
He was asked today whether that has led him to be more patient when tinkering, and his answer was great. pic.twitter.com/upKAVBHhmE
The early signs are promising and if Hovland can start reproducing his form of his last year then he would be a real contender for the Claret Jug.
His Open record is encouraging with three top-15s from three starts, including a fourth place finish at St Andrews two years ago.
Hovland has been knocking on the door in majors for a little while now with a second and third at the USPGA and a seventh at the Masters to go along with his strong Open finishes.
Having captured some big titles in his career including the Memorial Tournament, the BMW Championship, Tour Championship and Dubai Desert Classic, the 26 year old knows how to close the deal when he gets into contention at a big event.
So it wouldn’t be a surprise to see him add a Claret Jug to his growing list of achievements.
Conclusion – Comparing the Favourites for this Year’s Open Championship
As the world’s best golfers gear up for the 152nd Open Championship at Royal Troon, excitement is growing.
This year’s tournament promises an enthralling contest, featuring a blend of seasoned champions and rising stars, all vying for the prestigious Claret Jug.
Royal Troon’s challenging links course, known for its unpredictable winds and demanding holes like the “Postage Stamp” and “The Railway,” sets the stage for an epic showdown.
The course’s recent lengthening and the wet conditions add to the complexity, favoring those who can navigate tough terrains and keep their shots precise.
Among the leading contenders, Scottie Scheffler’s exceptional 2024 form, Rory McIlroy’s quest to end his decade-long major drought, Xander Schauffele’s fresh confidence from his USPGA win, Jon Rahm’s proven prowess on links courses, and Viktor Hovland’s renewed form after reuniting with his coach, make them all formidable challengers.
As betting odds highlight the potential victors, the unpredictable nature of links golf ensures that the battle for the Claret Jug will be as thrilling as it is uncertain.
The Open Championship at Royal Troon is poised to deliver another chapter of golfing history, showcasing talent, resilience, and the relentless pursuit of glory.
Good luck with any bets you have on this year’s championship and please remember to always gamble responsibly.
https://www.honestbettingreviews.com/wp-content/uploads/golf-shutterstock_1809891229.png400599Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2024-06-08 14:47:202024-06-11 15:29:28The Open Favourites – Who Will Win the Claret Jug?
As the Wimbledon tournament approaches, tennis fans around the world are eagerly anticipating the clash of the titans on the iconic grass courts.
The competition is fierce, with the top players vying for a chance to claim the coveted title and cement their place in tennis history.
In this article, we delve into the list of top contenders and analyze their chances of emerging victorious in the race for glory.
From the reigning champions eager to defend their titles to the rising stars aiming to make a breakthrough, this year’s Wimbledon promises thrilling matches and captivating moments.
Who will rise above the rest and etch their name in Wimbledon folklore?
Join us as we examine the strengths, weaknesses, and X-factor that each player brings to the table, revealing the likely contenders for this year’s Wimbledon crown.
We’ll take a look at both the men’s and women’s events, the key contenders and their odds.
Get ready for a tennis spectacle like no other, as the world’s best compete for the ultimate prize in the sport.
The stage is set, the players are ready – let’s take a look at their chances.
Men’s Singles Favourites
The men’s singles category at Wimbledon is known for its intense battles and legendary performances.
This year, several players stand out as the favourites for the title. Let’s take a closer look at their strengths, weaknesses, betting odds and chances for this year’s Wimbledon.
Carlos Alcaraz
Last year’s Wimbledon champion comes into the tournament as the favourite, at a general price of around 17/10 (or 2.7 in decimal odds).
The charismatic Spaniard is popular with the fans and thrilled the Wimbledon crowds last year throughout the tournament.
His performance in the final in particular, defeating the seemingly invincible Djokovic with a sparkling array of shotmaking, sent the Wimbledon fans into raptures.
If he can reproduce that kind of form then Alcaraz will be a tough man to beat.
The Spaniard became the youngest ever men’s world number one (in the Open era that is) in 2022 and has a US Open title to his name, in addition to his 2023 Wimbledon crown.
So far in 2024 he has won just one title, the Indian Wells Masters Series event and is currently the world number 3.
The young superstar has shown a real liking for grass however, winning the Queens tournament last year in addition to the title at Wimbledon and having shown progress in each of his three visits to SW19.
With doubts about Djokovic’s form and fitness, Alcaraz will relish the chance to try and defend his Wimbledon crown.
It remains to be seen if the Spaniard can reproduce last year’s heroics, but he will undoubtedly be entertaining to watch whatever happens.
Jannik Sinner
Another one of the main contenders for the title is Italian Jannik Sinner.
This year has been a breakthough year for the 22 year-old, with his first grand slam title coming at the Australian Open in January after a dramatic comeback against Daniil Medvedev.
Sinner has followed that up with titles in Rotterdam and Miami and after Djokovic withdrew from the French Open, ascended to the position of world number one.
The Italian is currently rated around a 13/8 (or 2.63 in decimal odds) chance to win this year’s Wimbledon, vying for favouritism with Carlos Alcaraz.
Like Alcaraz, he has shown progressive form at Wimbledon, with finishes of 1R-QF-SF (first round, quarter-final and semi-final) in his three visits to SW19.
Last year’s loss in the semi-finals came in straight sets to Djokovic so he will be looking to build on that and go at least one better.
Having enjoyed such a great year in 2024 – winning his first grand slam title and ascending to world number one – Sinner will be many people’s pick for this year’s Wimbledon and is deserving of a place as one of the favourites.
Novak Djokovic
Novak Djokovic, the seven-time Wimbledon champion, would normally be the favourite for the tournament.
However, Djokovic’s recent struggles with injury raise serious questions about his ability to compete at Wimbledon.
Having to withdraw from the French Open with a knee injury, there are doubts over whether the Serb will even be able to compete at SW19. It is now reported he will need to undergo surgery on his knee.
The Serb is available at odds of around 4/1 (or 5.0 in decimal odds), although some bookies have removed him from the market entirely.
As his seven Wimbledon titles attest to, he knows the ins and outs of the grass courts and has the experience necessary to handle the pressure of a Grand Slam tournament.
Whilst starting a red-hot favourite for last year’s Wimbledon, Djokovic was surprisingly beaten in five sets by rising star Carlos Alcaraz in a classic final.
In grand slams and big events since that defeat, the former world number one has shown vulnerability, losing in the semi-final of the Australian Open to Jannik Sinner and going out in the early rounds of Indian Wells, Rome and Geneva, before withdrawing at Roland Garros.
In fact Djokovic has not won a tournament in 2024 and it remains to be seen whether he will even be able to compete at Wimbledon. Judging by news reports it is looking unlikely.
Now it’s time to take a look at the favourites for the women’s singles title at Wimbledon.
It’s a competitive betting heat for the title this year, with some strong contenders vying for favouritism.
Aryna Sabalenka
The big-hitting Belarusian star comes into Wimbledon as favourite for the women’s singles title, at general odds of around 3/1 (or 4.0 in decimal odds).
With the Australian Open title already tucked under her belt earlier this year, Sabalenka will be hoping to add the Venus Rosewater Dish to her growing collection of titles.
Back-to-back titles in Australia for Aryna Sabalenka 🏆 🏆
Aryna continues her reign as the Women’s Singles Champion at the Australian Open after defeating Qinwen Zheng 6-3 6-2 in the final at Melbourne Park.#AusOpen pic.twitter.com/mIXYEqo2jH
That victory in Melbourne in January was her second grand slam, as she defended her Australian Open crown from the previous year.
Since that triumph Sabalenka has been in decent form, reaching finals in Rome and Madrid before losing to clay court specialist Swiatek on both occasions.
Her record at SW19 is promising, with semi-final runs in 2021 and 2023.
Sabalenka was unable to compete in the 2022 edition after Russian and Belarusian players were banned from that year’s tournament.
Her big-serving, attacking game is well suited to the grass courts and it would not be a surprise to see her improve on her previous efforts at Wimbledon.
The Belarusian will be looking to add to her grand slam tally with victory at Wimbledon and is rightly one of the favourites to do so.
Iga Swiatek
The world number one has been in scintillating form in 2024, capturing titles in Rome, Madrid, Indian Wells and Doha.
With four grand slams under her belt, Swiatek is a proven quantity at this level.
However, her odds for Wimbledon tell a different story, currently sitting around the 9/2 (or 5.5 in decimal odds) mark.
The reason for that is her record at SW19 is fairly poor for a player of her calibre, with her best result from four attempts being a quarter-final in 2023.
Most comfortable on the clay, the Pole has struggled to find her feet on grass at times.
For the past two years she has also had to deal with the physical and mental challenge of trying to win the Roland Garros and Wimbledon titles back-to-back, which is no small task.
Whether she can better adapt her game to the grass this time after a long and grueling clay-court season remains to be seen.
However, if she could manage to do so she would be a formidable opponent for anyone based on her 2024 form so far.
Elena Rybakina
Another of the favourites in the women’s draw is Kazakhstan number one Elena Rybakina.
The champion at Wimbledon in 2022, Rybakina is a general price of around 9/2 (or 5.5 in decimal odds) to triumph again this year.
She has had a very good year so far, winning titles in Brisbane, Abu Dhabi and Stuttgart. She also got to the final in both Qatar and Miami.
In addition to her Wimbledon title two years ago, she also has a quarter-final and fourth round appearance to her name at the event, showing she is well adjusted to the grass of SW19.
The Kazakhstani player also reached the final of the Australian Open in 2023, before losing to Sabalenka in three sets.
If she can recapture her 2022 form at Wimbledon, then Rybakina will surely have a good shot at the title again.
Dark horses and potential upsets in the tournament
While the top-ranked players often grab the spotlight, Wimbledon has a history of unexpected upsets and breakthrough performances from underdogs.
These dark horses have the potential to cause significant upsets and disrupt the tournament’s hierarchy.
One such player to watch out for on the men’s side of the draw is Stefanos Tsitsipas, the young Greek sensation who has been making waves in the tennis world.
Tsitsipas’ aggressive playing style, powerful serves, and strong net game make him a dangerous opponent on any surface. He is available at odds of around 40/1.
Another to watch out for is Grigor Dimitrov. Having made a semi-final at Wimbledon previously and with a title this season in Brisbane as well as a final in Miami and a quarter-final at Roland Garros, the veteran Bulgarian is having one of his best seasons in a while and is available at odds of 33/1.
On the women’s side, Ons Jabeur is worth consideration having made the final the last two years at SW19. Coming off a quarter-final at Roland Garros the Tunisian can be backed at 15/1 at the time of writing.
The US Open champion Coco Gauff is a perennial crowd favourite at Wimbledon having famously made a run to the fourth round in 2019 when just 15 years old.
She has failed to better than performance since then but now as a grand slam champion will come into the tournament with greater confidence and the experience of winning under the most intense of pressure. Gauff’s odds for Wimbledon are around the 8/1 mark.
Conclusion – Analysing the Favourites for the Wimbledon Title
As Wimbledon draws near, tennis fans anticipate an intense showdown on the iconic grass courts.
This article dissects the top contenders’ strengths, weaknesses, and odds, revealing potential champions.
In the men’s category, Carlos Alcaraz, Jannik Sinner, and Novak Djokovic vie for victory. Alcaraz, the defending champion, showcases electrifying talent, while Sinner’s breakout year positions him as a formidable challenger.
Among women, Aryna Sabalenka, Iga Swiatek, and Elena Rybakina lead the charge. Sabalenka’s power game, Swiatek’s recent dominance, and Rybakina’s grass court prowess make them formidable opponents.
Amidst favourites, dark horses like Stefanos Tsitsipas and Ons Jabeur loom, ready to upset expectations.
As Wimbledon approaches, anticipation builds for a thrilling display of tennis prowess and unexpected twists on the hallowed SW19 grounds.
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Welcome to our comprehensive guide on decoding the meaning of ‘SP’ in betting.
If you’ve ever delved into the world of gambling, you’ve likely come across this mysterious acronym.
But what does it actually mean?
In this article, we will demystify the concept of ‘SP’ and provide you with all the information you need to understand and utilize it effectively.
‘SP’ stands for Starting Price, and it is an important term in horse racing and greyhound racing.
It refers to the odds on a specific selection at the start of a race or event.
The Starting Price is determined by an average of the bookmakers’ prices just before the start of the race.
Sometimes people use it as an alternative to taking the odds available at the time of placing a bet, as they think the price may drift by the time of the race.
The SP is also used in the attractive offer of “Best Odds Guaranteed” (BOG) which some bookies offer – offering you the best odds of either the price at the time you back a horse or the SP.
We’ll take a look at how that works and its advantages to the punter.
There is also an alternative to SP and that is BSP – the Betfair Starting Price, which we will take a look at further below.
So, if you’ve ever been puzzled by the meaning of ‘SP’ or wondered how it affects your betting strategy, read on.
We will guide you through every aspect of the Starting Price, empowering you to make smarter betting choices.
Explaining the term ‘SP’ in betting
“SP” stands for Starting Price, and it is an important term in horse racing and greyhounds.
It is also sometimes referred to as the “ISP” – Industry Starting Price.
The Starting Price is the final odds available on a horse (or greyhound) at the time the race begins.
Here are the key points about SP:
Calculation: The SP is determined by taking an average (median) of the odds available from various bookmakers at the start of the event. This is usually on-course bookies, or if there aren’t enough on-course bookies at a particular venue, then online bookmakers are used instead. A commission (the SP Regulatory Commission) ensures that fair pricing is used for the determination of SP.
Usage: Bettors may choose to take the SP instead of the current odds available when placing a bet. This can be advantageous if they believe the odds might improve by the time the race starts.
Guarantees: Many bookmakers offer a “Best Odds Guaranteed” promotion (more on that below), where if you take an early price (the odds at the time you place your bet) and the SP is higher, you are paid out at the SP. Conversely, if the SP is lower, you get the early price.
Context: The SP is commonly used in horse racing and greyhound racing but can be applied to other sports and events where betting markets fluctuate up to the start of the event.
Example Scenario
Imagine you place a bet on a horse at odds of 4/1 (5.00 in decimal odds) in the morning.
By the time the race starts, the horse’s odds have drifted to 6/1 (7.00 in decimal odds).
If you opted to take the SP when placing your bet, you would get paid at the higher odds of 6/1 if the horse wins.
In summary, the SP offers flexibility and can potentially provide better value for bettors who are uncertain about the movement of odds leading up to an event.
This refers to the Betfair Starting Price and also refers to the odds available at the start of a race or event. It refers specifically to the price as determined on the Betfair Exchange.
Here are the main points about the Betfair Starting Price (BSP):
Determination: The BSP is determined by the Betfair exchange, which is a peer-to-peer betting platform. It is set by matching bets placed by users who want to back (bet on a win) and lay (bet on a loss) at the best possible odds available at the start of the event.
Usage: BSP is specific to the Betfair exchange and is used within the context of exchange betting.
Market Influence: The BSP reflects the supply and demand of odds from individual bettors on the Betfair platform, making it potentially more dynamic and reflective of the betting public’s sentiment.
Availability: BSP is only available on the Betfair exchange.
Example Scenario
If you bet on a horse race using the SP, your payout will be based on the odds provided by traditional bookmakers at the start of the race.
If you bet using the BSP on Betfair, your payout will be based on the odds established by the matched bets on the Betfair exchange at the start of the race.
In essence, while both SP and BSP provide a way to bet at the start of an event, the main difference lies in how these prices are derived and the platforms on which they are available.
Should You Use SP or BSP?
According to the website Timeform, the BSP is on average 10% better than the SP.
However, this varies a lot depending on the price of the horse.
Typically there is less difference between the two for horses at shorter odds, but a much bigger difference at longer odds.
For example a horse might win at a SP of 3.2 and the BSP could be 3.34.
But a horse priced at a SP of 40 could have a BSP of 60.
Those are just examples of course and are by no means assured in each case. Every race and every horse will be different in terms of their price dynamics, but certainly it is not unusual to see examples like this.
Either way however, if you have access to the exchanges then you are normally better off using BSP.
In the vast majority of cases it will be better than the SP.
Due to the BSP being invariably better than the SP, the bookies have had to adjust as there is little reason now for punters to use the SP if they access to the Betfair exchange.
So a few years ago certain bookies started offering Best Odds Guaranteed (BOG), which makes use of the SP in a way that is beneficial to punters.
They did this to ward off competition from the exchanges like Betfair and it has certainly been a useful innovation for bettors.
What Does Best Odds Guaranteed Mean?
“Best Odds Guaranteed” (BOG) is a promotion offered by many bookmakers in horse racing and greyhound racing to ensure that bettors get the best possible return on their bets.
Here’s how it works:
Bet Placement: When you place a bet on a horse or greyhound race, you take the odds that are available as normal, but the bookie will specify if Best Odds Guaranteed (BOG) applies to your bet (normally it is specified at the top of the page alongside the each-way terms).
Odds Comparison: If BOG does apply, and the odds you took at the time of placing the bet (early price) are lower than the SP, the bookmaker will pay out your winnings at the higher SP odds. Conversely, if the SP is lower, you are paid out at the early price you took.
Guarantee: This guarantee ensures that you always receive the best possible odds available out of the odds at the time you placed your bet and the SP.
Benefits of Best Odds Guaranteed
Better Returns: It maximizes potential returns by ensuring you get the highest possible odds.
Risk Mitigation: It reduces the risk of missing out on better odds that might become available at SP.
Attractiveness: It makes betting more attractive and competitive, encouraging bettors to place their bets earlier without worrying about fluctuating odds.
Example Scenario
Suppose you place a bet on a horse at 10:00 AM with odds of 4/1 (5.00 in decimal). By the time the race starts, the SP might have changed:
If the SP is 5/1 (6.00 in decimal), and you have a BOG offer, your bet will be settled at the better odds of 5/1.
If the SP is 3/1 (4.00 in decimal), your bet will be settled at the higher early price of 4/1 that you originally took.
Terms and Conditions
While BOG offers are beneficial, they usually come with certain terms and conditions, such as:
Applicable Races: BOG might only apply to certain races or markets.
Minimum Bets: There may be a minimum stake requirement to qualify for BOG.
Time Restrictions: The offer might only apply to bets placed after a certain time of day.
Eligibility: Not all bettors may be eligible; sometimes restrictions apply based on account activity or location.
Best Odds Guaranteed is a valuable promotion for bettors, ensuring they get the maximum potential return on their wagers by taking advantage of the highest odds available between the time of bet placement and the start of the race.
Conclusion – Starting Price
Understanding the concept of ‘SP’ (Starting Price) is crucial for anyone involved in betting, particularly in horse racing and greyhound racing.
The SP, determined by averaging the odds from various bookmakers at the start of an event, offers bettors a flexible option, especially when paired with the “Best Odds Guaranteed” (BOG) promotion.
This ensures that bettors receive the highest possible odds, whether those are the SP or the odds at the time of placing the bet.
Moreover, the Betfair Starting Price (BSP) presents an alternative, often offering better value due to its reflection of market demand on the Betfair exchange.
For bettors, leveraging SP, BSP, and BOG can significantly enhance their betting strategy, providing opportunities for improved returns and reduced risks.
By understanding these terms and their applications, bettors can make more informed decisions and maximize their potential winnings.
Whether you prefer traditional bookmakers or betting exchanges, the knowledge of SP and its alternatives empowers you to navigate the betting landscape with confidence and strategic insight.
https://www.honestbettingreviews.com/wp-content/uploads/horse-racing-shutterstock_1399280573-1.png400658Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2024-05-31 16:10:502024-05-31 16:17:41What Does SP Mean in Betting?
Most casinos use referral bonuses to encourage existing customers to refer their friends. And why wouldn’t they?
After all, a casino’s returns increase as more punters sign up and play their favorite gambling games.
Moreover, the associated rewards often encourage gamblers to go out of their way to get referrals, which is essentially a cheaper marketing strategy for online casinos.
With that in mind, as a punter, you should look for a casino that offers referral bonuses on Casinon.com
The reward you’ll receive after referring a friend will boost your gambling bankroll and enhance your overall gaming experience.
Here is a list of the juicy incentives and rewards you can get from reputable online gambling platforms:
✔ Fixed Bonuses
As the name suggests, casinos that offer fixed referral bonuses award you a preset amount of money for every referral. For instance, a platform can credit your gambling account with $10 every time you refer a friend.
Most platforms have unlimited referral bonuses, meaning you can keep earning perpetually, provided your referrals keep streaming. But some sites have a capped amount you can’t exceed.
✔ Percentage Bonuses
Some casinos have percentage bonuses. If you refer a friend to any of the platforms, the site will award you with a specific percentage of your referral’s initial deposit. Suppose a casino has a 1% referral incentive.
In that case, if you refer a buddy and they credit their account with $100, you will get a $10 referral bonus. Some sites also give percentage bonuses depending on your referral’s betting activities.
✔ Tiered Bonuses
If you want to enjoy increasing returns as you refer more people, join a casino with a tiered bonus system.
These systems often feature multiple levels or tiers. Your rewards increase as you add more referrals to your portfolio and rise through the ranks. To unlock higher perks in a casino with tiered bonuses, all you have to do is refer more qualified new sign-ups.
✔ Combo Bonuses
Numerous casinos combine different referral bonuses and offer them in one package. That incentive is known as a combo bonus. The best thing about it is that it offers multiple diverse rewards in a single package.
What’s more, your referral can get the same incentive. Unfortunately, most casinos offer combo bonuses as part of seasonal promotional offers.
✔ Loyalty Points
Casinos use different loyalty programs and strategies to cultivate loyal customers because they are the key to sustainable profitability.
A good example involves loyalty points. A platform with this incentive rewards you and your friend once they prove their loyalty, depending on the casino’s stipulations. This perk is often dedicated to players in the VIP tier.
✔ Final Thoughts
The best online casinos today use different referral bonuses to increase their customer base, from fixed and tiered rewards to loyalty points. Luckily, these bonuses can also benefit you, a punter. With a juicy reward, you can increase playtime and reduce your exposure to crippling financial losses.
That said, bonuses won’t always protect you from losing your money or guarantee perpetual profits. You should set yourself up for success by adopting additional strategies like practicing proper financial management while gambling online. Good luck!
https://www.honestbettingreviews.com/wp-content/uploads/Online-casino-pic.png390693Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2024-05-30 14:24:082024-05-30 14:24:08An Overview of Referral Bonuses Compared by Casinon
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