Welcome to the Honest Betting Reviews blog. Here you can find the latest updates on betting systems and tipsters currently under review as well as our tips on how to beat the bookies with the best winning betting systems we have profited from,
Forex Factory is a popular forex-related website with news, a forum, live trades and much more on forex trading.
The site has a huge following with thousands of members and large numbers of traders online at any one time.
Here we take a look at some of the key features of forex factory and how it could aid your trading.
Major Pairs Summary
At the top of the website you have a nice summary of the major forex pairs, for example the current position of the EUR/USD or the USD/JPY together with a small candlestick chart of the recent direction of the pair.
This summary is useful for giving you a quick picture of currency movements in snapshot form.
News Section
There is a comprehensive news section at Forex Factory, with lots of information on current events on the markets.
You can see all the upcoming events such as announcement from the Fed, production figures or bond auctions.
Clicking on the upcoming news story will give you a wealth of details about the story, including the source, the particular item(s) that are being measured, the usual effect of the announcement, the next scheduled release of the news flow, information about “why traders care” and some additional notes.
So overall, well worth knowing to plan your trading around and be aware of what the upcoming announcements are, as well as what effect they may have on the markets.
There is also a collection of major news stories from assorted media sources such as Business Insider, Market News, the New York Post and many others. Also worth having a look at to gather the latest news and opinions from expert publications.
Forum
One of the major features of Forex Factory is the forum, where a wide range of topics are discussed.
There are some very active threads on the forum, some with over 60,000 individual posts! So you can certainly find out a great deal of information and other’s opinion on all things forex and related to the markets via the forum.
Some of the major topics being discussed at the moment include people’s own trading systems and strategies, general views of the markets and where they are going and explanations of how to make trading more simple.
There is also a section for the “hottest” forum posts – i.e. those being commented on and viewed most often recently.
Live Account Positions
There is an interesting measure of the totality of positions of traders on various currency pairs, as to whether they are long or short and by what percentage.
So for example it shows the EUR/USD, with exactly 50% of current traders on the site going long and 50% going short.
Where as for the GBP/USD, 59% are long and 41% are short.
There are also recent histories of trades taken by individual traders, giving details of what currency pair they traded and at what price.
Conclusion
So there you have it, a full picture of things at Forex Factory and what you can get out of the site. All pretty impressive when you consider it is provided for free. Plus there are additional features such as a comparison of brokers and live market charts for the various major currency pairs.
The site is well worth a look to aid your forex trading, chat with other traders and share your views on the direction of the markets.
When it comes to horse racing and the world of jockeys there is one name that definitely stands out from the rest. This one person is up there with the greats and slowly aiming above and beyond what we know as traditional horse racing. He has achieved so much and more in his short lifespan, not to mention his even shorter horse racing career. A commendable name in English and international horse racing can definitely, and without a doubt, be linked to A.P. McCoy.
Record Breaker
Sir Anthony Peter McCoy, also known as Tony McCoy or A.P. McCoy is one of the most decorated racers in modern horse racing events. He has ridden an astounding number of record breaking winners – a staggering 4,358! He was named Champion Jockey for 20 consecutive years in a row, and he has earned the title of ‘professional’ every single year.
Early Days
McCoy was born in Northern Ireland on March 7, 1974 and he had already shown an interest in horse riding from a very young age. At age 17, he rode his very first winner in the flat race at the Thurles race course in Ireland. The horse he rode on was trained and maintained by the one and only Jim Bolger, which made McCoy an immediate jockey to look out for during this race. This opened up amazing opportunities for him and he started working with Bolger as a stable apprentice.
In 1994, only 2 years after his initial win, McCoy decided that it would be best for him to become a jump jockey. This decision led him to the other part of the isles and he started riding in England. It was during this year where he rode another winner in the Exeter race with the help of Gordon Edwards. After this win he acted as a conditional jockey for Toby Balding, another successful trainer he got to brush shoulders with. This helped him win the Conditional Jump Jockey’s title in 1995 and in the following season he became jump jockey for the very first time.
Teaming Up
These first two wins propelled McCoy onto the jump jockey scene and exposed him to even more popular figures in the world of horse racing. In 1997 he teamed up with all-star trainer, Martin Pipe as well as the then upcoming Paul Nicholls. This partnership proved to be yet another amazing decision and he could achieve his full potential easier.
By the end of the 90s, McCoy had achieved so much already: he set a new record for National Hunt racing, he equaled the record of 5 winners at the Cheltenham Festival in 1998, and he became the fastest jockey to ever reach the 100 winner mark, including the longstanding record or Sir Gordon Richards who set his in 1947. In 2002 he beat his own record of winners by accumulating the total to a whopping 269 in April of that year, and an even higher amount of 289 in August of the same year. As if this is not amazing enough he went on to improve that number and in 2006 his record number of winners was over 2000. In February of 2009 he aced that score by riding is 3000th winner at the Tyser & Co Beginner’s Chase in Plumpton. Despite all the titles and trophies he has won, he holds these achievements to be his best ever.
The Crowning Glory
McCoy has won some of the biggest races on the seasonal horse racing calendar including the Cheltenham Gold Cup, the Champion Hurdle, the Queen Mother Championship Chase, as well as the King George VI Chase, but there is one that eluded him: the Grand National. By 2001 the highest place he had achieved at the Grand National was third place, and he kept this up until 2010. On his 15th attempt in 2010 he managed to win the Grand National on a Jonjo O’Neill-trained horse called Don’t Push It.
But this achievement did not stop McCoy. Where other jockeys might give up the race at this milestone, McCoy felt that he had not ridden the places where he has yet to ride. He continued winning numerous races but it was in a 2013 race where he secured his 4000th win in his career. This was not without difficulty. He fought long and hard at the Wetherby’s Novices Hurdle in Towcester and he beat his opponent, Jamie Moore, by a fraction of a hairline.
The same year marked an important milestone for him in terms of his seasonal records. At the Fighting Fifth Hurdle in Newcastle he reached the 150 winners landmark for the 18th time in a season. Out of all the 20 season he had ridden in Britain, he only missed out on 2 where he did not reach this milestone. At the end of this season he was crowned the Champion Jockey for the 19th consecutive time which allowed his records to be extended even further.
Still Setting Records – and Saying Goodbye
This still didn’t mean that his career had come to a standstill. In 2014 he recorded his first ever half century of winners in one season. He had ridden 50 winners in a total of just 44 days. In the same year he surpassed the record of winners set by his long time mentor, Martin Pipe – a staggering number of over 4,100.
At the end of the 2014/2015 season he recorded his first ever century win in the National Hunt, having ridden 100 winners. He also announced his retirement at the end of this season and his final racecourse appearance was at the Bet365 Gold Cup meeting in Sandown in April of 2015.
Sports Personality
McCoy was also named BBC Sports Personality of the year in 2010 and RTE Irish Sports Personality of the Year in 2013. He has written numerous autobiographies of his life and his achievements after his retirement as well as a novel which had been published in 2013. He currently resides with his wife, Chanelle and his two children in Britain where he enjoys watching football and supporting his favourite team: Arsenal.
Here we are again, tackling another confusing betting term to help you get past the jargon. It can be difficult understanding so many terms, particularly if you have not done any betting before; we aim to remove any complexity so you can get down to the betting without having to worry about what it all means.
Arbitrage betting is more unusual than the most of the types of bet covered on Honest Betting Reviews, as it is not the kind of betting bookmakers will look to offer you like they would an accumulator or lucky 31, for example. Why? Because it is almost a risk-free way of betting.
How do you place an arbitrage bet?
Arbitrage betting – also known as arbing, matched betting, miraclebets and sure wins – is the opposite of how attractive a proposition the bookmakers would like it to seem to the punter. It is about capitalising on errors and gaps in the betting market to make a guaranteed profit.
It is particularly prevalent on betting exchange websites like Betfair, where a discrepancy may exist between the backing price – the odds an outcome will occur – and the laying price – odds an outcome will not occur. This difference in pricing means that if you bet on both outcomes, you will lock in a profit no matter what the actual outcome of the event is.
Unsurprisingly, arbitrage betting is not particularly popular with bookmakers, who try to stop these kinds of discrepancies occurring so they cannot be seized upon by opportunistic punters that keep an eye out for them.
One of the issues with arbitrage betting is that it can require a large stake for a relatively small return, so you need financial liquidity in order to pursue it successfully, especially if you want to place more than one arbitrage bet at a time.
Can you lose money arbitrage betting?
There is no such thing as betting that is 100 per cent risk-free. Bookmakers that do not welcome arbitrage betting can confiscate your stake and you can lose money if you do not pay close attention when placing arbitrage bets.
It is generally advised that you only try arbitrage betting if you are an experienced punter, and that you begin by betting small to minimise losses as you learn the ropes.
Is arbitrage betting legal?
Arbitrage betting is entirely legal – it is just taking advantage of differences that occur in the market. However, some bookmakers see arbitrage betting as a threat to their profits and they are entitled to suspend punters who do it.
Who should you place arbitrage bets with?
Arbitrage betting is not generally as frowned upon by betting exchanges as it is by regular bookmakers. Exchange betting is a free market-type arrangement where the punters themselves set the prices and bet against each other, so it is more likely that discrepancies will occur as the backing and laying prices often do not match up entirely, or at least not before people notice and correct the trend.
Arbitrage betting requires a great deal of care and attention with regard to exactly what you are betting on, but done correctly it guarantees a return.
For more explanations of complex betting terms, check out the other Honest Betting Reviews guides.
One of the reasons I started this site – along with trying to find winning betting and trading systems – was to expose the various scam artists out there.
Well I have just come across one and this deserves full exposure here on the site.
You may have recently been contacted or heard about the Brit Method from a guy called Jason Taylor.
The system promises to make you hundreds of thousands of pounds per month at no cost.
Now if after hearing that you are not already sceptical, let me sound the alarm bell for you: do not sign up for this – it is a scam.
If it sounds too good to be true…
First up, any system that promises to turn you into a overnight millionaire is highly likely to be talking utter nonsense.
If they could really do that, you have to ask why on earth they would bother with taking the time to set up this website, make the videos, spend money on marketing and push you so hard to take up the service.
Surely they would be off in the Caribbean in their massive yacht soaking up the sun with a cocktail in their hand!
That old phrase – “If it sounds too good to be true…it normally is” makes a lot of sense.
The other point is, do you not think that if someone had made an automated system to turn people into instant millionaires, you would have heard about it?
It would be all over the news and the internet and would, in all honesty, pose a bit of headache to our economies if anyone could become an instant millionaire just by clicking on the website. We would probably have hyper-inflation or some other financial meltdown.
Haven’t I seen this before somewhere…
Anyway, leaving aside the completely implausible sales claims, let’s examine the website more closely.
The first and most worrying sign is that this is just a rehash of an almost identical system that did the rounds recently called the Aussie Method.
It had the same picture of the young guy at the top, except his name was Jake Pertu.
And before that it was the Canuck Method, and the guy was called Jake Mason! But the same picture each time. That picture is in fact just a stock image you can get from any image site. Just drag the image into google and see what you get.
Low and behold, it’s not just Jason Taylor from the Brit Method, he also appears for the “Lucky Rich Kid Method,” “Top 10 grocery shopping mistakes,” “Kelly Clarkson’s unborn child” and a whole other load of unrelated stuff.
When a testimonial is obviously not a testimonial…
Then if you move on to the supposed “testimonials,” these are all in fact just from paid actors from the website fiverr.com
If you have a look on fiverr you will see those very same people. Unbelievable.
And weirdly even though they are supposedly millionaires, you can see very cheap looking backgrounds in their videos – not the pads of the supposed super-rich.
On the introductory video there is even an inadvertent slip when “Jason Taylor” (I have to use inverted commas for him now) says one of the bank balances has 7 million quid – when in fact it has 7 thousand.
Who cares though when you can be as rich as him in a matter of just weeks!
What’s even more annoying though is that you can’t stop the video on the homepage and shut the idiot up.
The System – or lack thereof
On to the system itself.
Basically it’s binary options trading software that promises to make you instantly rich with just a few clicks of the mouse.
There have been a whole host of binary options scams like this recently. I don’t know what it is about binary options that makes them so attractive to scam artists.
Maybe it’s because they are relatively new on the scene and little understood, so ripe for drawing people in to scams.
Basically the system authors will get a big cut of any deposits you make with binary companies – and to make the system function you will have to make a fair few.
There is no way in the world you are going to make hundreds of thousands of pounds per week – more likely you will lose a large amount of money.
And as for the promise to give you £10,000 if you don’t make hundreds of thousands, good luck with that…
This is utter garbage and people peddling this kind of rubbish should be locked up. Problem is they are probably out in Nigeria or somewhere.
Oh well, just avoid it anyway and the less people that take up these things, the sooner we will all be rid of them.
If you do want to make some extra cash from a genuine money-making opportunity, then we can recommend Profit Maximiser. With it you can make around £500 per month risk-free and even more if you put the time in. Highly recommended.
https://www.honestbettingreviews.com/wp-content/uploads/brit-method-pic-2.png281737Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2016-03-24 16:56:242017-10-03 11:09:37The Brit Method – Avoid this Scam
FXTM – also known as Forex Time – is an international online forex broker. The company was formed by the entrepreneur Andrey Dashin.
They offer a special forex portfolio program known as PAMM, which sets up a portfolio of forex strategies for you from the world’s top traders, based on your risk profile and financial requirements.
Competitions
There are also lots of fun additions on the site, such as their “Game of Pips” online trading competition with a prize pool of $100,000 – including a first prize of $50,000.
Trading Platforms
They offer the Metatrader 4 (MT4) and 5 (MT5) platforms for trading and cover a wide variety of markets.
Special Offers and Promotions
There is a special 200% cashback rebate for new accounts. You just have to log in to your account and select the relevant promotion, deposit and for the next 30 days you will receive $2 for every lot that you trade – click below for more details:
In addition, there is also a special “switch offer,” such that if you switch to Forex Time from another broker, you will get $4 back for every lot you trade for a certain period – see more below for this offer:
Both of these offers are available until 30.04.2016.
Currency Pairs
FXTMoffer a wide range of currency pairs to trade, offering over 50 in total.
These include the major currency pairs such as Euro/US Dollar (EUR/USD), British Pound/US Dollar (GBP/USD), US Dollar/Japanese Yen (USD/JPY) and Australian Dollar/US Dollar (AUD/USD), as well as the more exotic pairs such as Swiss Franc/Singapore Dollar (CHF/SGD).
Spot Metals
As an alternative to trading currency pairs, a very popular form of trading is on spot metals. As the media is often keen to point out, in times of market turbulence investors tend to flock to the safe havens of precious metals such as gold and silver. This means there tends to be good opportunities for trading and large amounts of liquidity. These spot metals are not affected by inflation and gold is seen as the chief of all precious metals as it is a highly valued item with the back up of the ultimate “safe haven” status.
You can trade both gold and silver at Forex Time, with leverage up to 1:500 and spreads from as low as 0.1 and 0.2 on ECN MT4 and ECN MT5 accounts respectively.
CFDs
CFDs – or Contracts for Difference – are contracts stating that a buyer will pay the seller the difference between the price of a commodity at the time the agreement was made and its current valuation. These instruments have become extremely popular amongst traders in recent years.
Forex Time offer CFDs on a range of commodities including oil, gold, corn, silver, wheat and soybeans.
They also CFDs on ETF (Exchange Traded Funds) and Indices such as the FTSE 100 and individual shares.
Blog
FXTM also have a very handy blog which includes news and articles on all things forex and market-related. Well worth a read if you want to keep up to date with market developments and exchange views with fellow traders.
Trading Hours
The forex markets never sleep and neither do Forex Time – or should we call them “Forex All the Time!” That means you can access their trading services 24 hours a day, 5 days a week.
Prizes
They won the prize for “most promising forex broker” at the cnforex.com awards in January 2015.
Overall Verdict
Forex Timeis a great new broker to the market and one we would highly recommend. They have some very innovative features and we particularly like their competitions with prize pools of $100,000.
The site is very well designed and user-friendly, which we feel steals a bit of a march on some of their rivals. In this fast-moving marketplace it is important to be ahead of the game and it seems FXTM are right there.
We particularly like their 200% cashback offer which offers great value to new customers – or $4 per lot if you switch from another broker.
Their prize of most promising new broker seems well deserved and we wouldn’t be surprised to see Forex Time go from strength to strength and start challenging the dominance of the big players.
Plus 500 Plus 500 is a trading platform for trading CFDs on shares, indices, commodities, ETFs and Options.
They are listed on the AIM market of the London Stock Exchange and sponsor Athletico Madrid Football team.
Here we have a look in more detail at what you can trade on the Plus 500 platform:
Shares
You can trade share CFDs from over 20 countries including the USA, Germany, UK, France and many more.
In terms of the UK market, that means FTSE 100 stocks like Barclays, Next and Rolls-Royce as well as newcomers such as Ocado and Royal Mail.
The great thing about trading is that you go short or long on shares, depending on how you see the various companies in question.
There are no exchange commissions with Plus 500 and you save 0.5% compared to a traditional UK share purchase.
In addition, you can trade shares on leverage, meaning you only have to deposit a certain percentage of the cost of purchasing the share outright, giving you more potential capital to trade with.
However, be warned that you don’t become over-leveraged as that can lead to difficulties. Make sure you only trade on leverage what you definitely can afford and don’t become over-exposed should the market turn against you.
To guard against that, you can set stop losses and profit targets so that you position is closed if the stock reaches a certain price.
Commodities
Some of the most exciting markets to trade are commodities. You can trade everything from oil to gold, coffee and sugar, plus many more.
With commodities having hit very low levels in recent times, there may be some bargains at current prices as demand may well increase in coming years. Or perhaps you think there is still lower to go in the commodities markets, with China’s economy still in difficulty and with a glut in oversupply.
Whatever your views, Plus 500 offers a great place to trade a wide range of commodity markets.
Indices
There are a broad range of indices available to trade on Plus 500, including the FTSE 100, S&P500, DAX, CAC, Nasdaq and many more.
Indices represent an attractive option for lots of people as they represent trading a range of different companies together as one instrument. So you may have a feeling about the general direction of the market, being a bear or bull, rather than having a particular view about a specific company.
Indices have been very volatile in recent times with turbulent global markets, so there are opportunities for the shrewd investor!
Forex
The forex markets are the largest traded markets in the world, with over $4 trillion traded each day. Forex markets operate 24 hours per day.
Plus 500 have very low margins on their Forex markets, with just 2 pips on the EUR/USD for example.
Plus 500 offer a good number of forex markets to choose from, including the main markets such as EUR/USD, GBP/USD and EUR/JPY as well as more exotic markets such as AUD/CHF and GBP/NOK.
There is also excellent leverage offered – with up to 1:200 available. So you could theoretically start trading with as little as £200 to trade the equivalent of £40,000 – although again, be careful not to over-leverage yourself!
They also have a free trading platform and plenty of professional graphs for you to take advantage of in your trading.
ETFs
An ETF is an exchange traded fund and there are plenty of options with Plus 500.
There are low spreads and Plus 500 does not charge dealing commissions on ETFs. Leverage is also good with levels up to 1:100 available.
Options
With Plus 500 you can get Call or Put options CFD on the Dax 30, S&P500, CAC 40, MIB 40, AEX 25.
Again the spreads are low and there is no commission charged.
About Plus 500
Plus500 UK Ltd is based in London and Plus 500 is one of the highest rated CFD trading apps on Apple’s App Store and Google Play. It is simple to use yet has many advanced features.
The company was founded in 2008 and has been pioneering in many developments in the trading of financial markets. They launched the first Bitcoin CFD in the world in 2013 and introduced a “guaranteed stop” facility in 2014.
Plus500 UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909). Plus500 CY LTD is authorised and regulated by the Cyprus Securities and Exchange Commission (License No. 250/14). Plus500AU Pty Ltd, AFSL #417727 issued by the Australian Securities and Investments Commission is authorized to issue these products to Australian residents. You do not own or have any right to the underlying assets.
Ruby Walsh has been classified as one of the best jockeys in the world and he has been the recipient of a number of awards and achievements. He has been the Irish National Hunt champion jockey on 10 occasions and he was named the leading jockey at the Horse Racing Ireland National Hunt awards for 5 consecutive years. Above all he has managed to achieve the award for International Jockey of the Year three times.
But where did this young jockey start and what is his driving force? What is it that makes him such a sought after racer and rider of horses? It is clear that Walsh comes from a long line of respectful animal lovers and passionate horse riders.
Early Days
Ruby Walsh was born on May 14, 1979 to former Irish champion amateur jockey, Ted Walsh, and his wife Helen. This was the perfect platform for Walsh to be exposed to horse racing, the ins and outs of the jockey industry, and cultivate a love for the majestic animals he rides on time and time again.
From a very young age, Walsh has shown interest in competitive horse racing and he showed great potential in this field. At 19 he already won the Irish amateur title twice – in 1996/7 and 1997/8. After this he was propelled into a professional career track where he gained a lot of exposure as each race commenced.
Breakthrough Win
He won his first English Grand National on a horse trained by his father in 2000 when he was a mere 20 years old. Together, the father-son team went on to win the Irish Grand National in the same year.
In the 2004/5 season, Walsh went on to dominate 3 of the 4 nationals. As the years passed, however, he came back for the fourth one he missed out on and won it with pure skill. In 2015 he became the only jockey who was still currently riding to win all 4 nationals in his entire lifetime. Since his initial race, he rode on over 2000 winners and in 2007 he won the British Horseracing Board Jockeys’ Order of Merit Award.
Breaking Records
In January of 2007 he reached the fastest ever century of winners in Irish jump jockey history. He ended the season with a combined total of 198 winners, which is more than any other jockey in the history of horseracing. In 2009 when he competed in the Cheltenham Festival where he rode over 7 winners in 4 days setting a new record. On the second day he officially became the jockey with the most wins at the Cheltenham Festival.
Injury Setbacks
However, not all was rose coloured during the course of his career. There have been many obstacles that Walsh had to get over in order to continue with his illustrious career and these were by no means easy feats. He had sustained a number of injuries over the course of his life that influenced his career negatively. But with his constant passion for riding and his determination, he was able to get back on the saddle in no time flat.
His worst injury was in 1999 at Pardubice in the Czech Republic. He was here visiting a course in order to complete The Great Pardubice Steeplechase and during this visit he broke his leg. This leg continued to be a stroke of bad luck for him as he broke it again later in his career. This set him back in a recovery period of 5 months, but he recovered in time to win his very first Grand National on his partner, Papillon.
Walsh has also fractured his wrist twice and he dislocated his hip while fracturing the other. He also fractured his elbow, dislocated both of his shoulders, and suffered cracked and badly bruised vertebrae. He also had to have emergency spleen operation after he fell at the Paddy Power meeting at Cheltenham in November of 2008. Even though this would have set back any other jockey or athlete, Walsh returned to the saddle a mere 27 days after the operation commenced.
In 2010, during the run up to the Grand National, he broke his left arm after a nasty fall. His horse fell and he toppled over with it. Both of them were fine for the moment until a horse behind them trampled over his arm mid-run. He broke his arm in two places. In the same race in the year 2012 he suffered another injury after falling of a horse, which prevented him to compete in the Grand National 2012.
At the Cheltenham Festival of 2014, Walsh sustained another injury where he fractured his humerus. In 2015 he participated in the Gran Premio Merano in Italy where he rode on the horse called Perfect Gentleman. During this race the horse fell over and died in front of a crowd of 10 000 people. The horse had died of a neck fracture, but Walsh walked away unharmed and unscathed.
Taking a Step Back
Ruby Walsh has taken riding down a notch to spend more time with his family. He has 3 daughters with his wife Gillian called Isabelle, Elsa, and Gemma. His sister, Katie, is also one of the more renowned female jockeys, and his brother, Ted Walsh Junior, is married to top female jockey, Nina Carberry. Ruby Walsh has appeared on a number of TV productions during his injuries and even appeared on a few segments on Channel 4’s racing programme, The Morning Line.
He is currently the Cheltenham Festival’s most successful rider with 45 wins and by winning the leading rider’s award nine times within the past 12 years. Up until this date, Walsh has been Irish jump jockey 10 times. His dominance in English and Irish races has led him to live in Calverstown, County Kildare with his wife, Gillian. Here he frequents his two Irish stables on both sides of the coast line. Walsh still takes the occasional ride for his father as well as a range of other impressable trainers.
We continue our effort to break down the barriers created by complex betting terms that restrict how those not in the know bet, by checking out the Super Yankee bet and making it easier to get your head around.
How did the Super Yankee bet get its name?
First things first – how did the Super Yankee gets its name? The story goes that an American gambler – possibly a soldier – won a huge amount of money with just a small stake using this type of bet while in the UK, and thus the Super Yankee bet was born.
The Super Yankee bet is exactly the same as the Canadian bet, and is also pretty similar to the lucky 31 bet; you can find simple explanations of both the Canadian bet and lucky 31 bet elsewhere on Honest Betting Reviews.
How do you place a Super Yankee bet?
The Super Yankee is made up of 26 different bets based around five selections. The first wager is a five-fold accumulator, which places all five picks together for the best odds.
Next up will is five different four-fold accumulators, with one different selection removed from each. You will find that the four-fold accumulators still present you with reasonable odds, yet ensure that if only one selection fails to come through, you can still get a decent return.
The rest of the Super Yankee is made up of ten trebles, where the five selections are placed in threes, and finally ten doubles. The only difference between a Super Yankee bet and a lucky 31 bet is that the Super Yankee bet does not include any single bets.
While there is an increased stake and increased risk involved in a lucky 31, the fact bookmakers often offer bonuses on it means it may be worth upgrading from a Super Yankee bet in some circumstances.
Each selection has an equal effect on the return in a Super Yankee bet, and a single loss can reduce winnings dramatically.
How do you win a Super Yankee bet?
To make our example of how you would win a Super Yankee bet easy to understand, we will play it out as if the odds on all five selections were evens. If this were the case then you would need four out of the five selections to be right to make a profit, and obviously all five right to maximise your return.
Obviously it is not easy to work out what a Super Yankee bet could win you with five selections with differing odds, so use an online calculator to see how it would work out for you based on your selections. However, you will see a return as long as two selections come in.
Super Yankee bets are popular with horse racing aficionados, as each way bets are possible, ensuring you do not lose out completely should a selection come second.
So that is one more betting term explained. If you would like explanations of other betting terms, check out the other guides on Honest Betting Reviews.
https://www.honestbettingreviews.com/wp-content/uploads/US-Flag-plus-dice.png400599Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2016-03-08 19:49:332023-08-02 16:33:57What is a Super Yankee Bet?
For most gamblers, everyone knows that the house always wins, or the bookie, depending on your forte. This may be true for the general public, but did you know there are so-called “risk free” bets that you can place, also known as matched bets?
This is usually a technique that is reserved for highly experienced and math-oriented gamblers, but it has become much more accessible lately, thanks to online betting products that specialise in matched betting.
Outwit, Out-smart
When you browse online for online gaming websites, typically you will find every company offering freebies, or introductory offers to get you to try their betting service. These are genuine offers, from all the reputable websites like Bet365, William Hill and Ladbrokes, where you do get free money to place your bets.
The reason why they can offer free money is because they know that gambling is an itch that must be scratched more than once. That £50 free bet is often not enough for the average person, especially gamblers.
It all sounds fairly easy on the outside, to take your free bet and place it on something that has a low risk, but low reward, then cash in those winnings and be ahead, at minimum, the free bet investment that you started with.
How to Play
Risk-free betting websites essentially do all the work for you, so that anyone can try it without needing to have previous experience in betting. The key is in the quality of the online platforms that you are using to place these bets. The concept of matched betting relies heavily on following offers and making calculated bets so that you always come out on top using the “free bet” offers and the betting exchange systems.
These risk-free betting websites, which operate on the premise of making minimum bets on the results of sports are perfectly legal and used by thousands of people every day.
The best one we have come across is Profit Maximiser, which allows you to make up to £500 per month risk free from matched betting.
There is also Profit Accumulator, which is very similar to Profit Maximiser and works on the same basis.
Other profitable matched betting products we have tested here on the site include Accumulator Generator, Bonus Bagging and Each-Way Sniper. These are all highly recommended if you want to take risk-free cash off the bookies.
Not gambling – investing
What makes this strategy work is that it doesn’t actually count as gambling. Half the reason why people gamble is that they find the risk exciting. The other half is obviously to win, but the activity itself is what makes you addicted. You can become addicted to anything if you ignore logic and become obsessed over it. Risk-free betting requires self-control and proper research into the programs and bookies that are being used.
Begin with small offers so that you limit your risk from misunderstanding rules, instructions, or inputs. This should be treated like any other financial investment, not as something to toss money at and hoping you will get lucky. Never bet with money that you can’t afford to lose, that’s always rule number one for anyone who unsure if they might acquire a gambling addiction.
https://www.honestbettingreviews.com/wp-content/uploads/weight-of-money-pic.png400600Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2016-03-07 15:24:092023-08-02 16:35:30What is risk-free Betting?
We all love placing a football accumulator. The thrill of potentially winning hundreds – or even thousands – of pounds off just one bet is quite an attractive proposition.
And as each leg of your acca comes in, it gets more and more exciting.
Once you get to the final one, it becomes positively nerve-wrecking as you wait to see if you have pulled it off. And if you have, then BOOM! It’s party time.
And all it needs is for a few teams to win their matches – they could even all be favourites. After all, how often do you see the likes of Arsenal, Man Utd, Chelsea and City all winning in the same weekend.
It must be easy, right?
Wrong.
The bookies love accumulators
I will let you in on a little secret: the bookies love accumulators.
They love punters who place accumulators even more.
Do you know why?
Because accumulators are terrible value for the punter. Basically you are multiplying together the bookies’ edge over you.
Instead of a normal bet where the bookie might have a 10% edge over you, they will have a 30, 40 or even 50% edge over you.
So it’s pretty much impossible to win over the long term with accas – unless you get very lucky and win a massive acca – like the pools or something.
But that is like praying for a lottery win – in other words, extremely unlikely to happen.
What if there was a way to turn this around though and profit from every single accumulator you place – to kick the bookies where it hurts and take cash off them on a regular basis?
How to win every single acca you place
Well, the good news is there is a way.
It comes courtesy of a product we have reviewed here recently at Honest Betting Reviews called Accumulator Generator.
Basically what it does is take advantage of the bookies’ accumulator offers.
The great thing about it is that you can make around £10 per accumulator you place, whatever happens – win or lose.
So if you do just one a day that would be £70 per week or £300 per month.
And if you do 2 a day, it will be £140 per week and £600 per month – that would add up to over £7,000 per year – with no risk!
How do the bookies acca offers work?
Well basically most of the bookies have offers where if one leg of your acca loses, they will refund your stake as a free bet, up to a maximum of £50.
There are currently over 20 bookies with these offers. The amount of the refund varies, for some of them is £25 and others right up to £50.
How does Accumulator Generator work?
What Accumulator Generator does is use these offers so that whatever happens, you will make a profit.
Firstly, it has some awesome software that scans all the possible accumulators and compares them to the odds available with Betfair.
Here is a look at the software:
On the left in red is the estimated amount you can win on each acca. There is also information on how long the acca will take to be completed, the bookie it is with and the current total bookie odds versus the current total Betfair odds.
You can then click on the purple icon and you will be taken through to the calculator which shows you the accumulator and how to set up each leg.
The great thing is there are literally hundreds of offers every day, so you will have plenty to choose from.
Four Approaches
There are different approaches you can take to the accumulators, depending on your aversion to risk. In total there are four different methods for playing the accumulators:
Bet/lay and hope – this is an approach where you hope that just one leg loses and you will get the value of the refund as a free bet. If no legs lose or two or more do, then you make a small loss.
Bonuses – this is a progressive approach where you make more money the further down your accumulator you get before hitting a loser.
Lock in a profit – this is our preferred method – as the name suggests, you guarantee a profit whatever happens. So you could have two, three or more losing legs and you will win the same as if just one or none lose. You tend to make about £10 on average from a £50 stake in guaranteed profit from this method.
Advantage play – this is a more basic method of just playing some accas and not laying them off, but relying on enough of the refunds coming in to keep you in profit (although we are not sure that you need Accumulator Generator to use this method).
As I say, the best method is the lock-in profit method that allows you to make a guaranteed profit whatever happens.
On some occasions, the odds will drift out from those you have backed with the bookies, so you will be laying at higher odds and will make less profit.
But on other occasions, the odds will move in and you will end up making more than you originally anticipated.
First up, if you are new to matched betting, then it will take a while to watch the training videos and get fully up to speed on how it works. It will also take a bit of practice to get used to it, but once you have done a few accumulators, it will become pretty much automatic.
Secondly, you will have to log in to the software between matches to lay off the next leg of your accumulator.
Sometimes there will be just one match per day on your acca, so you will only have to log in to the software once per day and then you are done.
On other days though, there will be more than one match per day so you will have to remember to log back in to the software between matches and lay the next leg of your accumulator. It can be easy to forget! So best to have some sort of reminder system in place so you don’t miss any legs of your accas.
Finally, as with all matched betting products, there is the worry of having your bookie accounts closed or limited.
However, as long as you remember to spread your bets around and to not overdo it, then you should be ok with this.
As we said at the beginning, the bookies love punters who place accumulators, so they will be less likely to hit you with an account limit using this than with some other betting systems.
Conclusion – How to Win Football Accumulators
The bookies love football accumulators. As a punter you are normally getting terrible value and the bookie has a massive edge over you.
To win at football accumulators without knowing the future like an oracle or Biff in the Back to the Future II, or being some kind of betting genius is virtually impossible.
But with a product like Accumulator Generator, you can turn the bookies’ advantage over you on its head.
By using its amazing software you can profit from every single football accumulator you place. Doing just two of these per day would net you £600 per month, or over £7,000 per year.
Not bad eh?
So there you have it – the definitive way to win at football accumulators.
Have a go at it and let us know how you get on – you can thank us later 🙂
https://www.honestbettingreviews.com/wp-content/uploads/football-player-with-trophy.png387700Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2016-03-07 12:35:272023-08-02 16:44:08How to win football accumulators
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