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Golf is one of the most popular sports to bet on and attracts large amounts of interest particularly around major championships and big events like the Ryder Cup.
However, whilst vast amounts of information has been written about trading other sports like football, horse racing and tennis, there is very little guidance available online about trading golf.
We thought it was about time we put that right and provided some examples of golf trading strategies for Betfair.
After all, with such huge fluctuations in odds during a golf tournament – particularly during a final round when players are jockeying for the title – it should present the budding trader with plenty of opportunities to make a profit.
We will delve into these further below, but first a quick introduction to how to trade the golf markets on Betfair.
How to Trade the Golf Markets on Betfair
Before we get into discussing specific trading strategies for the golf markets, it is probably worth a quick summary of how to trade golf on Betfair for those who may be unaware.
If you are going to trade golf tournaments, then really the only market worth talking about in terms of having enough liquidity to trade is the outright winner market. Most of the other markets like top 5 finish, top 10 finish and 1st round leader will have virtually no liquidity once they go in-running.
So you just want to concentrate on the tournament winner market. This week for example we have the Dunhill Links Championship on the European Tour. It has attracted a good field just after the Ryder Cup and there should be reasonable liquidity in-running.
So we go to the golf markets on Betfair and select the Alfred Dunhill Links Championship, then click on Winner, which brings up the outright market:
As you can see, Brooks Koepka is the favourite for the event at 12.5.
So an example of a trade would be if you thought Koepka was going to do well, you could back him at 12.5 and then lay him at a lower price during the tournament if he gets towards the top of the leaderboard.
Let’s say you backed him for £10 at 12.5 and his price then falls to 6.0. You would be in a position then to take a profit of £10.80 whatever happens, by trading out of your position for equal gain.
Of course if Koepka struggles, his price would drift and you would then have to decide at what price you would want to lay him at and for what loss.
Either way though, that is a simple example of a golf trade on Betfair and shows you how it works.
A Word on Liquidity
Just quickly before we get onto the strategies, a brief word of caution about liquidity.
It is not a good idea to trade the Betfair markets if there is not enough liquidity, as you won’t be able to get out of your position easily and in some cases would be forced to take poor value.
Generally speaking, the top events like the majors, World Golf Championships and top PGA Tour events have strong liquidity and are ideal trading events. Usually events with the top players like Tiger Woods, Rory McIlroy, Dustin Johnson and co will also mean good liquidity.
The events to be careful of are moderate European Tour events with fields lacking Europe’s top players – they will often have poor liquidity in-running. And certainly avoid women’s and seniors’ events, as they usually have dire liquidity and the options for trading will be very limited indeed.
This may of course change in future but for the time being it is sensible to stick to the big events with the top players.
OK, so having covered the issue of liquidity, let’s move on to discussing the strategies.
The first strategy we use to trade the golf markets is what we have nicknamed “Trade the Course.”
What we mean by this is to use the way a course plays – with easy and difficult holes or stretches of holes – to set up your trades.
Players just about to play an easy hole or stretch of holes have a good chance of seeing their price drop if they can pick up a shot or more over that stretch.
Let’s look for example at one of the most famous golf courses in the world – Augusta National. The home of the Masters has many iconic holes that stick in the memory. But these holes vary significantly in their difficulty and players’ average scores over the holes.
The toughest stretch of holes at Augusta is the run from 10th to the 12th hole, which contain two long and testing par 4s that yield plenty of bogeys and double bogeys, as well as a tricky par 3 over water. These holes regularly play over par on average and most players will be delighted to come out of them at level par and would probably even often accept playing the holes in one over par.
So laying a player as they enter this stretch and backing them as they exit it can prove very profitable. If they struggle through it and throw in a double bogey or two then their odds will significantly increase.
Of course not every player will play the stretch badly. Some will play it in even par, meaning you will probably be able to trade out for roughly break-even. The odd player may even play it under par. But that’s OK – you can’t win every trade, it’s about winning a majority of them and in this case the large majority of times players will struggle over these holes rather than play them well. The trade works even better in windy or cold conditions.
Conversely, at Augusta the easiest holes are from 13 to 15 (you could even include 16 in that depending on where the pin is situated on the green), with two reachable par 5s and a relatively easy par 4, where many players will hit a wedge or short iron for their second shot.
So this time you would back the player as they begin the 13th hole and lay them as they finish the 15th (or 16th if the pin is located on the low side of the green where the balls tend to feed down to).
If they pick up two or three birdies – or even throw in an eagle – then you will be looking at a decent profit on the trade.
This trade doesn’t tend to work where you have leaders playing in the same group or groups close to each other so that they are playing the same holes at the same time, but in other circumstances we have found it to be a reliable and consistent trading method.
Each course will have its stretches of easy and tough holes. It is just a question of researching the course and looking at the stroke indexes for the holes. Obviously par 5s will normally play the easiest holes and yield the most birdies.
Strategy Two – Trading Shots
The second trading strategy we want to outline is one which involves trading around individual shots taken by players in-running.
This is a quickfire method that requires you to get in and out of trades very quickly, so it is essential to only operate this trade in tournaments with excellent liquidity – so the biggest tournaments with the top players.
The idea is to take advantage of big movements in prices that can happen on the basis of a single shot, particularly where the market has already built in expectations about what is likely to happen.
Trading players when they are putting can pay dividends.
So for example it could be that a player has hit a great approach shot into five feet. The market will often shift as if they have already made the birdie, as people rush to grab a piece of the action, thus pushing the price lower. But if the player in question is a suspect short putter or has a particularly tricky putt, then it could prove effective to in fact lay them before they hit the putt.
In the instance that they miss the putt, the price will tend to move back towards the level it was before they hit the approach shot – or sometimes even higher – giving you a very healthy profit. If they hole the putt however, you may only get a few ticks down or even not much movement at all, meaning a very small loss or even a risk-free trade.
Conversely you could take a view on a very good putter who has just hit an approach shot into a green of around 20 to 25 feet. The market will normally presume they will two putt from there and if they do so the market is unlikely to move very much. But if they hole the putt, then their price can drop quite a lot. giving you a very good risk/reward ratio on the trade.
This works best on those players who are good long putters. Jordan Spieth is an example of a player who holes a lot of medium to long putts, although he is quite well known for it so the market may anticipate him holing a little more than with most players. Other players who are good long putters and worth keeping an eye on include Brandt Snedeker, Alex Noren, Phil Mickelson, Kevin Kisner and Brian Gay. It is also worth checking the PGA Tour putting stats for up-to-date figures on who the best putters on tour are.
You can apply the single-shot strategy to a variety of scenarios, including where players are about to hit a very tough shot (for example the 17th tee shot at Sawgrass or the approach shot at the 17th at St Andrews).
The key is to identify where there is the potential for a big price move, but that the market has not anticipated yet. Successfully carrying out this trade comes with practice and it is probably best to paper trade this one until you have mastered it because it does need some speed and experience to execute.
As we say, you need very good liquidity to operate it effectively so that you are not caught short unable to trade out your position.
One of the most interesting strategies is to take a view on players who are in contention during the final round of a tournament.
This is an approach where you are looking to take on players who have shown themselves to be mentally suspect under pressure and to back those who have shown themselves to be able to close out tournaments when under the gun.
It can be very profitable but does take a degree of getting to know the players and their relative mental strength.
What you are looking for is a player who gets into the lead (or very close to the lead) during the final round and sees their odds drop to around evens or below, but where it is a tight situation with only a shot or two in it and a number of players close behind.
If this player has shown themselves to be suspect when getting into position to win a tournament, then it can be a great time to lay them.
Some players really struggle when the finishing line approaches and find it difficult to continue playing their normal game. Their nerves get the better of them and suddenly their swing becomes erratic and their putts a little edgy.
This lack of ability is usually reflected in stats for players who have a lot of second and third place finishes with very few wins. Some classic examples of this kind of player are Kevin Na and Charles Howell III. Sergio Garcia used to be one in major championships until he finally got over the line at Augusta, but you still would have made a lot of money by laying him when in contention in the majors up until then.
There are other players who are very consistent performers and rack up a lot of top tens but don’t win as often as people think or the odds often warrant. An example of this kind of player is Justin Rose, who has won only nine events in ten years on the PGA Tour, despite being in contention frequently.
Although he is undoubtedly an excellent golfer, Rose’s odds when he is contention will often crash in the same way as other players who have much more prolific winning records like Spieth, Johnson and Thomas, even though he doesn’t win nearly as often as those players. That is not to say Rose is mentally fragile, just that he doesn’t tend to hole as many putts as the other players at the very top of the game.
One thing to bear in mind when operating this strategy is that players’ mental strength is a changeable factor and it should not be presumed to be fixed. Sometimes a big breakthrough win can change a player’s whole outlook and make them much more confident when in contention in future. Be prepared to adjust your ratings of players’ mental strength over time, particularly after they’ve had a breakthrough win.
General Trading Advice
It is important to remember that success in trading is as much about your mindset and discipline as about the strategies you use.
If you don’t approach things in the right way and are undisciplined, then losses can ensue and can be quite painful.
Here are some general guidelines to bear in mind when approaching your trading:
– Always have a clear plan before you start to trade – with specific entry and exit points and a plan of what to do if the trade goes against you.
– Only risk a fixed percentage of your bank on each trade and don’t vary it.
– Don’t go chasing losses or risking bigger amounts to try and make back a losing trade.
– Don’t over-trade. If you are feeling tired, losing concentration and starting to make mistakes, it is best to take a break and come back later or the next day when you are fresher.
– Don’t try and trade more than one event at a time – certainly when starting off anyway. You will probably end up in trouble and not able to keep on top of multiple events at once.
– Consider using some trading software such as Bet Angelor Fairbot to assist your trading.
Hopefully following these simple guidelines will help you avoid making some of the mistakes that many traders commit when starting out.
Conclusion – Golf Trading Strategies
That is our introduction to trading the golf markets on Betfair and we hope it has given you some ideas to get going.
Just remember to always be disciplined in your trading and don’t go chasing losses and trading on a whim. Have your strategies worked out in advance and stick to them.
If you do that, golf trading can be quite profitable – and also enjoyable when one of your set-ups plays out just the way you planned it.
As always, please gamble responsibly and only risk money you can afford to lose.
Tennis is one of the most popular sports to trade on Betfair, with millions regularly traded in-play on matches.
The volatile nature of the odds, which can fluctuate wildly not just from game-to-game, but from point-to-point, make it an ideal medium for shrewd traders. Indeed, there are some who trade tennis professionally and make a living from it.
With an almost year-round tennis schedule and multiple tournaments most weeks on the ATP and WTA tours, there are no shortage of matches to trade and no lack of angles to attack.
There is great interest in trading tennis in-play, meaning there is also usually excellent liquidity and you can normally get good value for your trades and most bets matched easily (if you are quick enough, that is).
So with all this going for it, you might think it would be easy to make money from trading tennis.
Well, sadly that is not the case and those who approach it without a clearly thought-out strategy can get badly burned and rack up substantial losses.
It is vital to have some trading strategies planned out in advance and to know when to apply them – and how.
Below we have put together a guide with some tennis trading strategies that could be used, as well as some general advice on how to be a successful trader.
We hope you find the guide useful and it helps you to trade the tennis markets in-play.
How to Trade the Tennis Markets on Betfair
In case you aren’t aware of how the tennis markets work on Betfair, here is a brief summary.
The idea of trading is to lay at a lower price than you back, thus giving you a profit from the trade. Here is an example from a match between Katerina Siniakova and Caroline Garcia:
The match is tight in the third set and we decide to back Caroline Garcia as the first part of our trade at 1.69 for £2.
Caroline Garcia then goes onto hold her serve and her price drops down to 1.42 to lay.
So we can then trade this out by simply clicking the yellow “Cash Out” button, thus giving us a profit of £0.38 whatever happens.
In very simple terms that is how to trade the tennis markets on Betfair. However, we obviously don’t just want to be randomly backing and laying players and hoping that the odds fall our way. We want to have some clear strategies that will help us make some profits. Let’s have a look at some of those strategies below.
Perhaps the best known and most straightforward trading strategy in tennis is to back the server. This involves backing a player before they are about to serve and laying them at the end of their service game. The idea is obviously that you expect the player to hold their serve.
It is a fairly straightforward trade to operate and can prove very effective in certain situations. It is obviously best applied to those players who most regularly hold their serve. You can get detailed service stats from atptour.com, where they list the percentage of games that each player holds:
As you can see from the graphic, John Isner is the highest rated server at the time of writing and holds his serve an amazing 94% of the time, closely followed by Ivo Karlovic who holds serve at a rate of 92.7%.
So backing these servers at the start of their service game and laying off at the end of the game is likely to have a high probability of success as a trade.
Here is an example of a back the server trade from a game between Andy Murray and Zhizhen Zhang.
It is a tight match in the third set and Murray is about to serve. His odds are 1.31:
Murray goes on to hold serve and his odds drop to 1.19 to lay, allowing an easy 12 pips of profit from the trade:
So that is the strategy in essence, but there are a few things to consider if you are going to follow the strategy of backing the server though:
– If the trade goes against you, the loss can be significant – often over 50 ticks – so be prepared for that and plan out your staking accordingly so it doesn’t bust your bank if the server is broken.
– There is typically more of a price movement for service holds/breaks in the final set, as the match gets closer to its conclusion than in the first set – and also towards the end of sets.
– The market tends to be more aware of the big servers like Isner, Roanic and Karlovic, so the tick movements for them holding serve are likely to be small. It can pay to follow some less well-known but effective servers with this strategy.
– It can also pay to look for players who are weak returners as much as those who are strong servers. If a player has a poor record of breaking serve then it can be profitable to back the other server, presuming they are a decent server of course.
– The surface is also important. There are significantly more service holds on grass for example than clay, so be careful if you are using this strategy on clay or other slow surfaces.
Bearing these points in mind and through careful player, match and surface selection, the back the server trading strategy can be effective on the Betfair markets.
Strategy Two – Lay the Server
The exact opposite to the strategy above, this time we are laying the server.
Just as when backing the server we are looking for strong servers, in this case we are looking for weak servers – and good returners. If we can get a scenario with both at the same time then we are in a really good position.
We can look towards the bottom of the ATP Tour’s servers list to see who the worst servers are. The ATP Tour website also has stats for returners, so we can see who the best ones are:
As you can see, Rafael Nadal breaks his opponent’s serve a whopping 34.5% of the time, which is quite an incredible stat.
Most of the time Nadal will be very short odds when he is playing against lesser players though, so there may not be much potential profit from laying his opponent when Nadal starts the match at 1.05 for example.
But when he is up against better opponents from inside the world’s top 10, he can be value to break serve.
There are others on this list who may not be so famed for having a great return, like Schwartzman, Goffin and Chung, but they have excellent return stats and could well be value to use for the lay the server strategy.
Just as with the back the serve strategy, the idea is to lay the server just before their service game and back them at the end. If their serve is broken, then there will be a big swing in odds – thus delivering a large profit.
The women’s game can be the best place to utilise this strategy, as breaks of serve are regular, particularly on the slower surfaces like clay. Some women only manage to hold onto their serve about half the time, meaning you have a good chance of a successful trade laying them every time they serve, particularly if they are up against a good returner.
Strategy Three – In-Game Trading
The next strategy involves trading during a game and looking for quick gains after one or two points.
This is a little more risky as you need to be in and out quickly, but given the high liquidity of tennis on Betfair and by using some software such as Bet Angel, you should be able to get your bets matched the vast majority of the time.
What you are looking to do when trading in-game is to look for ideal entry points, again using the serve and return stats described above.
Some of the best entry points are at specific scores, when a strong server or strong returner are down in a game.
So let’s say a strong server is down 15-40 or 0-30 on their own serve. The market would normally swing strongly against them at this stage, almost presuming that they are likely to go on and lose their service game.
However, the stats actually show that a top server will normally go on to win the next two points around 50% of the time from those points in the game. The odds swing in your favour will be much greater than if they go on to lose the next two points (or point in the case of 15-40). Therefore it presents an excellent trading opportunity to get a greater than 50% return on an event with a likelihood of one in two (or 50/50).
At the same, laying bad servers who are ahead in their own service game by a certain margin can pay dividends.
So if a bad server is ahead in their game, good entry points such as 40-30 and 30-15 can prove very effective, as the market will be presuming at that stage they will go on to win the game. But as a bad server, they are opposable and if the returner wins the next point (or two points) then the odds swing in your favour will be considerable.
General Trading Advice
So there are three tennis trading strategies which should help you get started and give you some ideas going forward about how to trade the Betfair tennis markets successfully.
If you want more detailed guidance and further strategies to trade, then check out Tennis Profits, which is a top trading service with guides, strategies and in-play webinars from a pro tennis trader.
In addition, it is worth bearing in mind some general trading advice if you are considering getting involved in playing the markets. If you don’t have the right mindset to start off with then you can get badly burned when trading. So here are a few pointers to keep in mind:
– Always have a clear plan before you start to trade – with specific entry and exit points and a plan of what to do if the trade goes against you.
– Only risk a fixed percentage of your bank on each trade and don’t vary it.
– Don’t go chasing losses or risking bigger amounts to try and make back a losing trade.
– Don’t over-trade. If you are feeling tired, losing concentration and starting to make mistakes, it is best to take a break and come back later or the next day when you are fresher.
– Don’t try and trade more than one event at a time – certainly when starting off anyway. You will probably end up in trouble and not able to keep on top of multiple matches at once.
– Consider using some trading software such as Bet Angel or Fairbot to assist your trading.
Hopefully following these simple guidelines will help you avoid making some of the mistakes that many traders commit when starting out.
Summary – Tennis Trading Strategies
That is our introduction to trading the tennis markets on Betfair and we hope it has given you some ideas to get going.
Just remember to always be disciplined in your trading and don’t go chasing losses and trading on a whim. Have your strategies worked out in advance and stick to them.
If you do that, tennis trading can be quite profitable – and also enjoyable when one of your set-ups plays out just the way you planned it.
As always, please gamble responsibly and only risk money you can afford to lose.
The Ryder Cup starts this Friday at Le Golf National in Paris.
It is set to be an epic showdown as Europe try to win back the trophy from the USA, who triumphed last time at the Hazeltine Golf Club by a comfortable margin of 17-11.
Despite Europe’s strong record over the last 20 years – particularly on home soil – the US are favourites for the matches, currently best priced at just below evens at 19/20, while Europe are available at 5/4 and the draw can be backed at 12/1.
America come into the event off the back of Tiger Woods’ emotional win at the Tour Championship on Sunday and they currently hold three out of the four major championships.
Even their rookies look formidable, with the likes of Justin Thomas and Bryson DeChambeau having racked up multiple PGA tour wins this year and they will go into the event with plenty of confidence.
But Europe will feel buoyed by Justin Rose having recently claimed the world number one ranking and Fedex Cup and with Francesco Molinari having won the Open in July.
They will also be fired up by the return to the team of “Mr Ryder Cup” Ian Poulter and young guns making their debut like Spanish sensation Jon Rahm – a probable partner for Sergio Garcia – and ice cool Swede Alex Noren, who won the French Open at this course just a few months ago.
Whatever happens, it is set to be a titanic battle and the atmosphere will be electric.
If you are looking for some top quality tips to liven up proceedings, here are some top golf tipsters we can recommend:
– Our number one recommended golf tipster the Golf Betting Expert has made over £10,000 profit to just £10 stakes since starting up and you can get a 15-day trial – including their tips for the Ryder Cup – for just £7 by clicking here.
– The formidable SJP Golf Tips, who have made over 1,300 points profit since starting up at an incredible return on investment of over 40%. You can get a 14-day trial – including their tips for the Ryder Cup – for just £1 by clicking here.
It should be a cracking weekend’s viewing and let’s hope for a few winners along the way too!
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Ladbrokes Odds Boost is a special promotion available for all Ladbrokes customers. It does what it says on the tin: it boosts the odds on selected bets.
All you need to take part is a current Ladbrokes account. For the duration of the promotion, and there is no indication that it will end in the foreseeable future, every Ladbrokes account holder will receive one odds boost token a day.
To check that you have an odds boost token, log in to the ‘My Account’ area. If you have a valid token, it will appear there along with a brief explanation of which markets you can use it for. Unlike some similar offers, rather than choosing from a list of qualifying events, you can choose which bets to enhance the odds of as long as they are included in the qualifying markets.
Use It or Lose It
It is, however, a case of use it or lose it. You can’t carry it over. If you don’t use it on the day you receive the token, it will, like Cinderella, expire at midnight; though to be precise, it will expire at exactly one minute before midnight. However, it is very versatile. You can use it for pre-event bets, in play bets, and multiple single line bets across all sports markets including virtual sports. You can’t apply it to each way bets or full cover bets such as Yankees and Lucky 15s. Whether you use it or not, you will still get another token the following day beginning at midnight
How Do You Use It?
If you have a valid odds boost token, then when you create a betting slip in a market that qualifies for odds boost, you will see you have an option to use your odds boost token. If you do so, it will be applied to all selections on your betting slip. There are some restrictions. While there is no minimum stake or maximum odds restriction, the maximum stake that you can enhance the odds on is £50. For non-VIP members, if your betting slip exceeds that stake, then the boost will be applied to the first £50 only. If you are a VIP member, the maximum stake is £500.
How much is Ladbrokes odds boost worth?
Ladbrokes don’t state an actual value, and some punters report different amounts too. However, in our experience, it is usually around 6%, though that isn’t a fixed amount. While that might not seem that high, statistically it makes a difference especially if you use it on a regular or daily basis.
Anything else I need to know?
There certainly isn’t anything sinister about the promotion. It is a genuine offer that, when used wisely, will boost your winnings over time. There are no clawbacks or limitations on liquidating your enhanced winnings. However, as we always do with any promotion, we strongly advise that you carefully read Ladbrokes terms and conditions.
Be aware that you can’t use it with any free bets; it can be used with cash bets only. And it doesn’t apply if odds have been boosted by a different Ladbrokes promotion such as Price Boost and Super Price boost.
These guys already have a great reputation in the online racing niche, and it looks like they’re raising the bar yet again with their new service, The Shortlist.
This is way more than your bog standard tipping service. The Shortlist offers a unique compilation of proven profitable tips, trends analysis, training courses, betting systems, and more…
And as far as we can see, this includes everything you could ever need to start taking home a real and substantial income from your betting…
Just check out some of the benefits that are on offer…
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And not only that, if you don’t see a profit within 30 days, you’ll get 100% of your money back…
https://www.honestbettingreviews.com/wp-content/uploads/Trainer-Treasures-pic.png4811213Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2018-08-29 12:51:432018-08-29 12:53:22Get Free System That’s Made 1,198 Points Profit
These days if you are betting regularly, no doubt a good deal of your gambling is done on the go. With our busy lifestyles and the ability to do just about everything via our phones, it is no surprise that betting can now be done via the tap of a smartphone too.
Many of the top betting websites have also set up their own apps, making life even easier for when you need quick and easy access to their services.
Out of all the many hundreds of apps out there though, which are the best? Which ones can provide vital info and tips when you need them? And which betting apps are the best for placing your bets on?
We have a look at all these questions below – looking first at the best apps to help you with your betting and then the best apps for placing bets (i.e. the bookies).
The Best Betting Apps to Help With Your Betting
First we will have a look at the betting apps that can help with your betting – whether that’s providing top quality tips, info and stats to aid in your research or by offering free competitions you can enter to win big prizes.
Betting Gods
If you are looking for high quality betting tips then there are few better sources than the respected Betting Gods tipster platform. With some of the best tipsters you will find anywhere across a range of sports including football, golf, horse racing, greyhounds and cricket it is well worth checking this site out.
We have reviewed many of their tipsters under live trial conditions and they have performed phenomenally, delivering profits of over 1,000 points – or £10,000 to £10 stakes – in some cases. The app is primarily for the delivery of tips so best to check out the website first and see the fantastic tipsters they have on their books – and start profiting from their expert tips.
Another top tipping app comes from the renowned Tipstrr platform, which provides some of the top betting experts you will find anywhere. Much like Betting Gods, they provide tips across a range of sports including football, horse racing, basketball, NFL, tennis and more. Some of their tipsters have achieved €1,500 profit per month on average with returns on investment of over 30%. With cheap packages available at just €2 per month it can be well worth signing up to receive some of these expert tips to assist with achieving profit in your betting.
Visit the Tipstrr website and download their app here.
Racing Post
The Racing Post app provides a complete guide to racing in the UK and Ireland with race cards, results, news, free bets and more. All the race info is presented with the jockey, trainer, recent form and live odds available to view. Plus there are the same features for greyhound racing, so if the dogs is your thing then you also have access to a wealth of info via the Racing Post app. Something of a “must have” app for racing enthusiasts or if you are heading to the races yourself.
Visit the Racing Post website and download the app here.
Soccer Saturday Super 6
You may have seen the rather bombastic adverts on TV featuring Jeff Stelling for the Soccer Saturday Super 6. Basically the idea of it is to predict the scores of six separate football matches from the Saturday fixture list, normally across the Premier League and Championship. The prize is normally £250,000 but can get up to £1 million. Recently three different people correctly predicted all six scores and won £333,000 each – not bad for an afternoon’s work. And the great thing about it is that’s it’s free to enter, so you have nothing to lose by having a go.
No discussion of betting apps that can aid your betting would be complete without odds comparison site Oddschecker.com. This is kind of a necessity for any serious bettor. Access to finding the best odds for any match or event is crucial, as much when you are on the go as when you are at home in front of your computer. Oddschecker have the odds from a large number of bookies for a whole host of sports and markets, as well as providing their own tips and trends and the latest odds boosts. Make sure you have this to get the best odds when you are on the go.
Another top tipping site that is well worth checking out is Betting Bias. They have been going since 2011 and have generated over 1500 points profit in that time at a very healthy ROI of over 19%. They provide tips in a variety of sports including horse racing, football, tennis and cricket. Their most profitable tips however have been their golf tips, with a number of winners over 100/1 over the years for their followers. Best of all is that the tips are free – no sign-up is necessary either. Can’t say fairer than that really.
In a similar vein to Soccer Saturday’s Super 6 App, ITV7 Racing is a competition where you have to try and pick seven winners from selected races on a given day. If you manage to pick all seven winners then there is a cash prize of £100,000 to be won, to be split equally amongst any winners. If the jackpot isn’t won, then the top performer wins a consolation cash prize. It’s also free to enter so you’ve got nothing to lose and if you have an affinity for picking winning horses then this could be a chance to win a life-changing amount of money.
Much like tipster platforms Betting Gods and Tipstrr, Betfan provides a range of tipster services across various sports. With over 86,000 members Betfan is a popular service and has hosted some impressive professional tipsters in its time, including Lucky 7 Naps and Racing Delights. They also provide free daily tips, which have produced decent profits in themselves. Get all your tips and daily news updates via the App.
For anyone betting on sports like football and tennis then a live score service is pretty much essential to keep track of how things are going and Flashscores is one of the best. With very comprehensive leagues covered throughout world football and all the major tennis tours, this app will keep you up-to-date on sporting action from around the globe. They also provide updates on a number of other sports including golf, cricket, hockey and rugby. The data is not only useful in checking on how your bets are doing but also helpful if you are betting in-running and want to know how a game is going – how many chances are being created and so on.
The other side of betting on the go is to have the means to place your bets quickly and easily for an app. Nowadays there are dozens of bookies with their own apps so there are plenty to choose from. Here are our picks for the best of the bookie betting apps.
Betfair Betting App
One of the most popular betting apps is the Betfair Betting App, which has a rating of 4.6 stars on the app store. Some earlier bugs on the Android version seem to have been ironed out and this now offers all the exchange features you could want including cash out, a cash out slider and even auto cash-out now. For all the many benefits betting on the exchanges provides including BSP, generally better odds and more, having the Betfair App is a must.
One of the strengths of the Betfred App is that it’s nice and simple, meaning you don’t need to waste much time figuring out how to use it in order to get your bets on. That should be the priority really when betting on the go, so the Betfred App deserves to be held in high regard on that point. There are also numerous bonuses and special offers to take advantage of on the app, including Double Delight and Hat-Trick Heaven.
Sporting Index
Whilst most people tend to bet on fixed-odds sports betting, there is something to be said for wagering on the spreads. Sporting Indexis one of the leading accounts for spread betting and has been around for many years. The app is simple to use and allows you to place your spreads on the go, whether it be on football, horse racing, cricket, golf or one of the many other sports provided on the Sporting Index app. For those using top services like Sports Spread Betting, having access to the app when you are on the go is vital.
If you are using the exchanges then it’s a good idea to have some alternatives to Betfair so you can make sure you get the best odds every time. One of the best alternatives is Matchbook, which has excellent features and some very good offers for new customers. They offer a wide range of sports and markets so you should be able to find plenty of opportunities for wagering.
The Sky Bet App is very highly rated with scores of 4.5 out of 5 and it offers a range of different features including Soccer Saturday Price Boost (which is essentially an enhanced odds treble bet on selected matches). There are also stats you can view directly from Sky Sports which you can use to assist your betting, plus there is cash-out and numerous in-play markets.
One of the most common terms in betting is to “hedge your bets” – a phrase that has been around for hundreds of years in the English language and is also used in everyday terms, not just in a gambling setting.
When we talk of “hedging our bets” in a gambling context however, what exactly do we mean?
Well in simple terms it means betting on more than one outcome in an event, thus giving you a better chance of winning and making a profit.
It is employed by hedge funds in the stock market to great effect by managing the risk of certain positions by taking up other – often opposing – positions. So that could be managing risk by holding long term stocks whilst short-selling other stocks in similar sectors for example. The idea is to minimise risk whilst maximising gain.
But how can you apply such a strategy to the betting markets and does it actually provide you with any kind of edge?
We will have a look at these questions below, together with examples of how to hedge your bets and some advanced strategies for hedging like the pros.
Hedging Explained
In simple terms hedging means placing more than one bet on the same event to give you a greater chance of winning and making a profit. The downside of hedging is that will reduce the amount you could win compared to if you just backed one outcome.
So here is a very simple example:
Let’s say you were lining up some bets for the US Open tennis and you had a feeling the winner would come from one of the “big three” of Djokovic, Nadal and Federer, but you couldn’t decide which one was actually going to win from those three.
Here are the odds for the tournament on Oddschecker:
By hedging your bets, you could back all of them and cover the possibility of any of them winning.
Doing this would mean your potential winnings would be considerably less than by just backing one, but would significantly increase your chances of finding the winner.
In simple terms, if you wanted to back Djokovic, Nadal and Federer so that you would win the same amount if any of them won, at the odds displayed above (11/4, 4/1 and 11/2 respectively), for an outlay of £100 you would place the following bets:
– Djokovic – £42.98 at 3.75
– Nadal – £32.23 at 5.0
– Federer – £24.79 at 6.5
If you placed your bets in this fashion, you would win £61.16 if any of those three players won the tournament.
So it is a little like backing those three against the field at odds of 8/13 (or 1.61 in decimal terms).
Of course, you might have a slight preference for one of the players, but still want to have the other two as back up.
In this case, if you wanted to stake £100 in total but win most if Djokovic won the event, you could for example place £50 on Djokovic and then £25 each on Nadal and Federer.
Then if Djokovic won, you would end up with £137.50 profit, where as if Nadal won you would end up with £25 profit and if Federer won you would finish with £62.50 profit.
There are endless permutations you could choose in terms of your selections and staking, but these are two basic strategies for hedging that you could employ to try and spread your risk and give yourself a better chance of making some profit from an event.
There are some more advanced strategies you can use to maximise your profits from this kind of hedging, which we will discuss further below.
Another approach to hedging is to use it as a tool to reduce risk during an event once your position has started to develop.
So let’s say you were betting on the Women’s US Open, with the odds at the start as follows:
Let’s say you chose to back Serena Williams at the start at 6/1 (7.0) and she progresses well through the tournament to reach the semi-finals, when her price is then just evens (2.0).
You may feel like although she has done well to reach that stage, she is not quite playing her best and is vulnerable to one of the up-and-coming players, so want to reduce your risk.
You could then hedge your bets by either laying Williams at the exchanges, or alternatively by backing one or more of the other players.
If you go for the more straightforward option of laying Williams, you might decide that you want to give yourself an equal profit whatever happens.
In this instance, let’s say you had backed Williams for £100 at 7.0 at the start of the event, then want to lay her at 2.0 for equal profit.
Here is an example of how you would do this on Betfair:
So having backed her at the start for £100 at 7.0, by then laying for £350 at odds of 2.0 later on, you would guarantee yourself a profit of £250 whatever happens and would have successfully hedged your bet.
Or you may wish to set things up so that you just leave yourself with a no-loss position, such that if Williams doesn’t win you break even and haven’t lost anything, but if she wins you pocket £500. And there are of course many other hedging positions you could take in between, but the principle is the same – to reduce risk and cover more outcomes in the event.
This kind of strategy is often used by professional traders who aim to predict short-term movements in the odds they can take advantage of, rather than having to actually predict the outcome of an event.
Advanced Strategies
There are some more advanced strategies that can be used with hedging, which we will take a brief look at here.
Strategy One – Offsetting Potential Profit
An approach used by some professional traders is to build up a position in a similar fashion to the original example in the Men’s US Open above where you have backed Nadal, Djokovic and Federer.
Let’s say they have all progressed very well and Djokovic is in the final, with Nadal and Federer due to play each other in the semi-final. If you felt confident of the result and saw that one player was off their game, you could use the potential profit of one to back the other two by that amount, or a portion of that amount.
So if you stood to win £50 on Federer if he won the tournament, you could “use” that to place additional £25 bets each on Nadal and Djokovic, thus upping your potential wins on them, whilst still ensuring you aren’t going to lose any money on the event.
This is a more risky strategy as if things go against you, then you could end up throwing away some potential profits, but for experienced traders this approach gives them the chance to see how the tournament progresses and who is playing well so they can then rebalance their positions to try and maximise profits.
Strategy Two – Correct Score Hedging
One of the most popular forms of hedging is with the correct score market in football matches. The attraction of this is that offers a way to back a variety of outcomes that can either just be left to run as bets or traded out as the game progresses.
So for example you may think that a team is likely to win a game but that it will be a tight and cagey affair. So you may hedge on the 1-0 and 2-0 with a little bit of insurance on 0-0 in case it ends up in a deadlock. Hedging in this way on teams like Athletico Madrid would have done very well over the last few seasons as they are very adept at getting narrow, low-scoring wins.
There are more advanced correct score strategies available in packages such as Goal Profits and Assured Soccer Profits that build on covering multiple outcomes in the correct score market and trading them in-play.
Strategy Three – Hedging Related Outcomes
Another approach to hedging is to back related outcomes in a game and to trade them as events unfold.
So it could be for example that you back over 1.5 goals, under 2.5 goals and both teams to score, hedging your bets across these outcomes so that you are covering different eventualities. They are related to each other in the sense that a goal (or a lack of) will affect all of them in certain ways and none of them are independent of the others.
Then you are hoping for a situation where the game goes 1-1 after an hour or so and your trades will be in a positive position, allowing you to trade out for a nice profit.
Again there are more strategies like this that involve trading related outcomes as part of packages like Goal Profits.
Conclusion – Looking After Your Hedge
Hedging is a tool for spreading your risk and covering more than one outcome in an event. It can be used both pre-event and in-play and is a preferred strategy of many professionals, whether traditional “hedge funds” in the stock market or traders on Betfair.
Hedging does not guarantee profit – there is no gambling strategy that does (other than matched betting through a tool such as Profit Maximiser) – but hedging can be helpful in certain circumstances.
It is perhaps best used in situations where you have an idea of certain outcomes that are likely to occur but can’t settle on just one, so want to cover these scenarios rather than placing all your eggs in one basket. This could be backing a few different players winning a tennis tournament or scores in a football match for example.
There are also advanced hedging strategies which again don’t guarantee profit but when used properly can significantly reduce risk and help guide the way to beating the market.
As always, if you are hedging or using other betting strategies then please gamble responsibly and only risk money you can afford to lose.
https://www.honestbettingreviews.com/wp-content/uploads/betting-on-phone-pic.png400600Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2018-08-21 13:10:572023-08-03 18:01:19Hedging Your Bets – How to Do It Like a Pro
One of the questions we are most often asked here at Honest Betting Reviews is what the best sports to bet on are.
It is not an easy to question to answer and can depend a lot on what you are looking for. Do you want a sport that will give you a high strike rate, with a high proportion of winners and short losing streaks?
Or would you prefer a sport that can deliver some massive priced winners at 50/1, 100/1 or more?
Or perhaps you are more interested in betting on a sport with a high return on investment, that could produce a consistent income over time.
All of these factors – and more – come into consideration when you are thinking about which sport is the best to bet on.
Let’s take a look at the question then, taking into account these factors and other important ones.
First we will take a look at the major sports to bet on and what their pros and cons are, before analysing what we think are the best sports to bet on.
The Best Sports to Bet On – Taking a Look at the Contenders
Here we will take a look at the key contenders and see which sports are worth looking at from a punting point of view. The good news is that these days the bookies have prices not only on just about every sport conceivable, but also a whole range of markets to choose from in each game or tournament.
Football
Football (or soccer to our American cousins) is the most gambled-on sport in the world, with an estimated $500bn wagered on the sport each year.
As you can imagine, that should create a lot of opportunities to profit from it and these days the bookies offer markets on just about every market imaginable, from the number of corners to shots on goal, who will get the first yellow card and much more.
From that point of view and in terms of the amount of liquidity there is on major football matches, football is certainly a good sport to bet on. If there is a professional football match going on in the world somewhere, you can be pretty sure the bookies and Betfair will offer odds on it, leaving you with no shortage of action to choose from.
And generally speaking there is good liquidity on the in-play markets as well on Betfair on most football matches, giving you the chance to trade and hedge positions freely.
There are also emerging mediums like Footstock that allow you to buy and sell cards in footballers and enter them in fantasy football contests.
So that is all good, but what the profitability of football as a sport to bet on?
Well, perhaps surprisingly given the popularity of the game and the vast array of opportunities to bet on it, there aren’t actually that many professional football gamblers out there, certainly in comparison to horse racing for example.
Fortunately there are a few good ones we have found, such as The Football Guruand Chloe’s Football Focus. If you follow experts like these then it is possible to turn a profit, as they have shown over the long run with profits of over 600 points and 400 points respectively.
With football markets being so hugely gambled-on, it can also be tough to find value and a lot of the time most things are “known” – perhaps only late team news can bring a surprise but you don’t have much that is hidden from the market like in horse racing (which we will delve into further below).
On the other hand, the good thing about betting on football is that the strike rate (or win rate) tends to be higher than in sports like horse racing and golf, meaning more of your bets are winners and the losing runs are shorter and less painful.
However, because the strike rate can approach the 50% mark when betting on football, the return on investment tends to be lower, with even top football bettors often not getting above the 10% mark.
That doesn’t matter too much if you are turning over a large volume of bets and making good profits, but it is something to bear in mind.
Overall then, football is a good sport to bet on given the huge number of markets and matches available and high strike rate of winners, but is typically harder to make a profit on than some other sports and there are fewer professional football gamblers than horse racing ones.
Horse Racing
Horse racing is known as the “Sport of Kings” but are you likely to live a King’s lifestyle from betting on it?
Well the potential is certainly there, although very few people actually manage it. There are some well known professional gamblers who have become incredibly wealthy from betting on the gee-gees, notably Bill Benter, who made a billion dollars from horse racing, as well as Alan Woods and Zeljko Ranogajec.
Those guys tended to rely on complex algorithms and computer systems though, out of reach of most ordinary punters. So if you don’t have tools like that, is it still a good sport to bet on?
Well there are some very good professional tipsters you can follow and who we have run live trials of here, like the Flat Racing Master, the Elite Betting Syndicate and the Bet Alchemist. They are probably your best choice for trying to make some profit from horse racing.
The good thing about racing betting is that you tend to get higher odds than on sports like football and there is a great satisfaction in seeing a horse you’ve picked at odds of 20/1 or more come flying home.
As alluded to above, there is also more opportunity to spot things that aren’t immediately obvious. There is of course “inside information” which those lucky enough to be connected with stables and trainers may be partial to, but we have yet to see any service promising such information that can actually generate a profit.
But clearly when the bookies price up the markets the night before racing there is some subjectivity in the odds and they will often move quite dramatically before the off, indicating that the “smart money” is able to identify where a mistake has been made in pricing up the odds. There are so many variables – ground, jockey, trainer, draw, distance, form etc – that often bookies won’t pick up on the significance of one of those variables improving a particular horse’s chances in the race.
It is by pouncing on these mistakes that experts like those tipsters mentioned above are able to generate very high returns on investment of over 20% or even 30%, thus generating strong profits over the long run.
The other side of the coin is that the strike rate tends to be lower than in football, often at around the 10-30% mark, but that just means you need a bigger bank and a little more patience.
If you have those, and a professional gambler to guide you, then horse racing can be a very good sport to bet on.
Golf
Golf has grown in popularity as a betting medium in recent years and is now one of the most gambled-on sports in the world, behind just the “big two” of football and horse racing.
It has a lot of similarities with horse racing in terms of having big-priced winners – probably even more so with regular 100/1+ winners on both tours – and needing patience and a decent-sized betting banks.
Much like horse racing, there are some top professional golf gamblers – the likes of Keith Elliott, Steve Palmer and Roger Chapman being known to most punters via the Racing Post and online presences.
Bookies tend to focus a lot of attention on the top of the market and the big names like Tiger Woods, Rory McIlroy and Jordan Spieth and whilst they are undoubtedly great players, it means you can often get very good value on less-heralded players who may be in red-hot form or have a strong record at a particular course.
This, coupled with study of stats, can be a recommended path to profit when wagering on golf. As mentioned though, you will tend to need a really big betting bank and lots of patience because if you’re backing at odds of 40/1, 50/1 or 100/1 plus then you can wait months for a winner, which can become quite frustrating.
So betting on golf won’t suit everyone’s temperament, but it can quite a thrill when one of those 100/1 shots does land the spoils and you are one of the select few shrewdies who picked them.
Tennis
Tennis has a lot going for it as a sport to bet on with usually excellent liquidity on in-play matches and events all year round to get involved in.
With just two outcomes on the main match market and no possibility of a draw it is also straightforward to approach.
Tennis betting shares some similarities with football in that you are generally have a high strike rate if you are betting on the match odds market but conversely the return on investment doesn’t tend to be very high.
We don’t know of any famous professional tennis gamblers but there probably are some out there.
From the way the markets operate with so much liquidity on individual matches but little on the outright tournament winner, it is likely that a great deal of trading is happening on tennis matches.
There are some good trading guides like Trade Shark Tennis that can help you with trading ideas if that is something you are interested in.
One of the benefits of betting on tennis is that the bookies often have very low percentage books, meaning in other words that there is good value compared to other sports and by using an odds comparison site like Oddschecker you should be able to get odds that are very close to the actual chances of the player winning.
So whilst in theory tennis should be a good sport to bet on, we have come across very few people who have figured out how to profit from it.
Cricket
Cricket has grown tremendously popular as a sport to bet on with the emergence of 20-20 cricket and fuelled by huge interest in India and the subcontinent.
This has led to massive amounts being wagered on cricket matches, particularly on events like the IPL and big T-20 tournaments. Much as with tennis, quite a lot of this is probably a result of people trading the matches in-running.
It also has other similarities with tennis in terms of being a high strike-rate, low return on investment, good value sport to bet on, but at the same time not being famed for professional gamblers making a living from it (although again it may be that there are some out there but they are just not well-known).
There is a promising tipster in the form of The Cricket Betting Tipster, who focuses on the man of the match market and has made good profits to date, so that is one to watch.
If you are looking to bet on cricket it may be best to focus on one particular form of the game, whether it be test cricket, one dayers or T-20.
Overall cricket has a great deal of interest in it as a betting medium but we are not sure at the moment it is the best sport to bet on.
Other Sports
There are of course many other sports to bet on and whilst it wouldn’t make sense to get through them all here, it is probably worth looking at some of the contenders for best sport to bet on amongst the rest.
Boxing is very popular and will have its adherents as a good tool for betting. The big bouts have massive amounts wagered on them and can have profitable angles to use, whether it be fight winner, method of victory or round betting. Although not offering as many events to bet on as other sports, it can still be worth taking a look at.
Another popular sport for betting is greyhound racing and although it is often regarded as the poor relation of the more glamorous sport of horse racing, it can also yield results for those with the knowledge and expertise. One who has done that admirably is Premier Greyhound Tips, which has made over £6,000 profit to just £10 stakes since starting up.
Finally, US Sports like NFL, basketball and ice hockey also attract a lot of gambling activity and will probably attract even more now that gambling has been legalised in the US. Whilst we haven’t yet come across many profitable angles for taking these sports on, hopefully we should see some more tipsters starting to emerge as betting becomes more established in states across America, so watch this space for that.
Conclusion
So there is no easy answer to the question of “what is the best sport to bet on” and it depends onwhich angle you approach it from and what is most important to you.
If you are looking for the most markets and action to gamble on regularly, with some top experts to guide you, then football is probably the way to go.
Golf is also a contender with winners at 100/1+ being possible, although you do tend to need a big betting bank and a great deal of patience if you want to make it work.
Overall it is perhaps horse racing that just about gets the nod in the end, with numerous professional gamblers having shown the way to make profits and enough angles to exploit to beat the bookies.
Whichever sports you choose to bet on though, please always gamble responsibly and only risk money you can afford to lose.
https://www.honestbettingreviews.com/wp-content/uploads/bet-on-laptop-with-phone-pic.png423700Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2018-08-09 20:11:242023-08-03 17:40:42Taking a Look at the Best Sports to Bet On
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