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Is VAR Ruining Football Trading?

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Anyone who’s traded football over the last few months will most likely have been affected by the operation of VAR at some stage. 

VAR (aka the Video Assistant Referee) has caused some controversy not just on the pitch and amongst fans all over the world, but in trading circles as well. Such has been the frustration some have experienced, they have gone as far as to say VAR is ruining football trading. 

Is that fair though? And what should traders be aware of now that VAR is going to be used in pretty much all the top European leagues and competitions, including the English Premier League?

We will have a look at these questions below.

 

How Betfair Are Dealing with VAR

The Video Assistant Referee can be used in a variety of different circumstances currently: to check on goals, penalties and red cards as to whether they have been correctly awarded by the on-field referee, or conversely to alert the referee’s attention to something he or she has missed and potentially should have awarded one of these decisions. 

Obviously this has presented a conundrum for Betfair as if left unchecked it would potentially mean people losing out because of VAR – rather unfairly – if they traded on something that occurred in a game (e.g. a goal, red card), only for that event to be reversed via VAR. 

So for example let’s say Liverpool were playing Man Utd and Liverpool scored the first goal to go 1-0 up. Their odds drop from 2.0 to 1.3.

You bet £100 on Liverpool @ 1.3 after they go 1-0 up.

But what’s that? Oh no, there’s going to be a VAR check, it looks like there may have been a minor infringement in the build-up to the goal. And yes there it is, the goal is chalked off and Liverpool’s odds go back to 2.0. 

You would then be sitting on a loss of around £50, through no fault of your own, if Betfair didn’t have rules in place to protect traders in such situations.

Now of course some people might say “it should be up to people to spot whether there might have been an infringement in the build up to the goal and to trade accordingly. If VAR chalked off the goal then it’s tough luck.”

Betfair don’t take this view however and think it is unfair for people to lose out due to a VAR decision. So here is what is says in Betfair’s rules regarding VAR:

“Where a Material Event is cancelled due to a determination made via a video assistant referee, Betfair will void all bets which are matched between the occurrence of the Material Event and the cancellation of it. The voiding of any such bets may take place during the event or retrospectively once a game is completed.“

A Material Event on Betfair is a goal, red card or penalty. Let’s take each of them separately:

A Goal

In the case of a goal, it is pretty straightforward: if a goal is scored but then subsequently reversed (as in the example of Liverpool v Man Utd above), then:

“Bets matched between the time of the goal being scored and the time at which the video assistant referee finishes the review will be voided.”

So basically it will be as if those bets never happened. The same goes for bets placed when a goal is not originally given but then subsequently awarded via VAR – all bets placed in the interim will be voided. 

A Penalty

This is a bit more complex, in that Betfair says it will aim to suspend all markets “as soon as we believe the referee will use VAR to review a penalty incident.”

Penalties are a point of controversy with VAR and traders should beware.

However, “only bets matched after the time at which the video assistant referee commences the review will be voided.” 

So potentially there could be a window for bets to stand if Betfair doesn’t suspend markets quickly enough if it looks like a VAR review is coming.

Eagle-eyed traders could for example back a team who are on the attack, have a shot blocked by a hand in the box that the ref doesn’t spot and Betfair don’t see either. Then a few seconds later the ref is alerted to it, Betfair suspend the market and a VAR check is initiated. Bets placed within those few seconds would stand under Betfair’s rules currently.

A Red Card

With red cards it is also a little complicated. In the event that a red card is awarded and then reversed by VAR, Betfair says “only bets matched after the time at which the video assistant referee commences the review will be voided.”

So again there could be a window between a red card being awarded and VAR commencing a review when bets would stand. Hopefully in most cases Betfair would keep the market suspended from the time the red card is awarded until the VAR review is completed, but this is not guaranteed so it is worth being aware of. 

In the case that a red card is not given at first, but then awarded after a VAR review, again Betfair says “as soon as we believe the referee will use VAR to review a red card incident we will aim to suspend all markets,” but that “only bets matched after the time at which the video assistant referee commences the review will be voided.”

Once again there is a window for bets to potentially be placed that won’t be voided. 

 

So Where Does This Leave Traders?

This can all seem quite confusing and a lot to take in at first, but essentially with goals it is reasonably straightforward and shouldn’t affect trading too much. Any bets placed between the ball hitting the back of the net and VAR completing its review are voided. It’s as if they didn’t happen. 

Traders now need to be eagle-eyed and fully aware of Betfair’s rules in relation to VAR.

The complications arise in the case of penalties and red cards, when there is a potential window between an incident happening and either Betfair suspending the market and/or a VAR review happening. 

This could work for or against you. Maybe in this window you anticipate a team is going to be awarded a penalty via VAR but Betfair hasn’t realised it yet, so you place a back bet. If you are right you could be in profit, but if you are wrong you could lose out. 

In most cases traders are relying on Betfair suspending markets quickly so these anomalies don’t happen, but there are no guarantees. 

 

When Confusion Reigns

One of the biggest problems with VAR has not so much been Betfair’s rules in themselves, but all the confusion that has been created. A clue comes in Betfair’s main rule where it says “The voiding of any such bets may take place during the event or retrospectively once a game is completed.”

We have emphasised “or retrospectively” because it highlights something many people have experienced, ourselves included and that is a situation where you don’t know if your bets are going to be voided or not. Sometimes they are left in the market until after the game, making it difficult to know if you should place more trades given you don’t know for sure what you current situation actually is. That can be quite frustrating.

We even had a situation recently in the Women’s World Cup match between Italy and Brazil where they cancelled bets we had put on in the over/under and correct score markets about 20 mins before a VAR check!

Someone must have got a little trigger-happy and cancelled all bets in the market rather than just those during the VAR window, but the effect was to make it very difficult to trade the rest of the game not knowing the situation regarding our bets.

It took over a day for it all to be sorted out and even affected our bets in other markets like the match odds. And in that time we had our Betfair balance going up and down as Betfair cancelled/removed/reinstated bets. Sadly the customer service we received from Betfair during this time was virtually non-existent, despite contacting them numerous times. And no apology or explanation has been received from Betfair to date. 

We are not the only ones to have reported such goings-on and it does present a serious issue for Betfair as to how they deal with VAR going forward. It is not really acceptable for customers to have their bets wrongly cancelled, their Betfair balances affected and then receive no explanation or apology!

 

Conclusion – Hopefully Not the End of Trading

The bottom line to all this is that it has been a frustrating time for football traders. A lot of confusion has arisen about how to handle VAR – not least from Betfair themselves about how to deal with it and implement their own rules!

We can only hope that in time this settles down and some of the more egregious errors become a thing of the past. 

The main conclusions we can draw is to avoid trading altogether around a VAR incident if the opportunity arises. Even if you get some bets on just before or during a VAR review, you are likely to be left in limbo not knowing if your bets will be cancelled or not, potentially even until well after the game has finished. 

Our advice would be to try and wait until an incident has been well and truly settled and the game has moved on. And keep a detailed record of your trades and when you placed them, in case there are any issues around cancellation that don’t fit with Betfair’s rules.

Hopefully VAR doesn’t mean the end for football traders or ruin football trading and as we say, we hope that eventually all this will settle down. In the meantime though, do trade carefully and be aware of Betfair’s rules – maybe you will be better informed than them!

Have you been affected by VAR decisions or noticed any anomalies? Please let us know in the comments below.

 

 

 

 

 

 

football player with trophy

3-Way Bet Explained

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Regular football bettors will be acquainted with the concept of three-way bets (3-way bets) as these apply to sports events that have three possible outcomes. In football terms, league matches end in a home win, an away win, or a draw.

Naturally, they don’t apply only to football; they apply equally to rugby, cricket, and even boxing. They don’t apply to games such as tennis that have only two possible outcomes.   

Some examples of 3-way bets

Let’s dig a little deeper with an example, again using football betting. A few days before the 2019 FA Cup Final between Manchester City and Watford, typical odds for the match were Manchester City 1/4, Draw 6/1, Watford 14/1.

In this 3 way bet you can bet on any of these outcomes. A successful £5 bet on Manchester City will return a profit of £1.25; on a draw a profit of £30, and on Watford a profit of  £70.

What you need to consider is whether you want to take a gamble the underdog wins or even draws the game which would return you a healthy profit or bet on the favourite even though you stand to win very little.

Many 3-way football bets have much closer odds. For instance, a French Ligue 1 game between Bordeaux and Reims has odds of Home (Bordeaux) 11/8, Draw 23/10, Away 23/10. Again, you can bet on any of the three possible results.

Here is an example of a 3-way bet from cricket, this time the County Championship Division One. In the match between Kent and Yorkshire, the odds on offer were Kent 8/1, Draw 17/10, Yorkshire 1/2.

 

              ————Check out our top recommend football tipster here————-

 

3-way handicap bets

While with outright 3 way bets you bet on a home win, an away win or a draw starting from a level playing field, in other words from a score of 0-0, three-way handicap bets apply to the same outcomes, but the initial score isn’t 0-0, When one team has a distinct advantage over another, bookmakers often offer three-way handicap bets. To see how this works, let’s look at an example.

Consider a game in which Liverpool is playing away to Huddersfield Town. Even though Huddersfield is playing at home, so will receive some sort of home advantage, and Liverpool might not be starting with its top players, the outcome is something of a no-brainer.

The chances of a win for Huddersfield or even a draw is remote. Liverpool will almost certainly win, and the betting odds reflect this. You won’t make much money betting on Liverpool and, although there are attractive odds for a  Huddersfield win, dedicated Huddersfield fans will be reluctant to bet on their club winning; it’s just throwing money away.

To make betting on this match more attractive, bookmakers offer 3-way handicap bets in which game starts other than 0-0 are offered with different odds. Game starts might be offered at 0:1, 0:2, 0.3, or even 0:4. So if you chose a bet of Huddersfield  +4, then you will win even if Liverpool beat Huddersfield by three goals. If they beat them by four goals, then the game is paid out as a draw.

Handicap three-way bets are certainly another string for the football better’s bow and an exciting way to bet on any game where the sides are mismatched. To make the best of this strategy, you need to consider likely outcomes and the odds that available carefully. Often it isn’t too difficult to beat the bookmaker and discover value bets that maximise your chances of making a profit.

Get free football tips from the experts here. 

 

 

 

 

 

Britannia’s Gold – The Quest For £300bn in Lost Gold

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One of the most exciting gold salvage operations in history is currently underway and they could be about to bring back an estimated €1bn in gold – and there’s a way you can get a share of whatever they bring back – but more on that below. 

The company leading the work is called Britannia’s Gold Ltd and it is attempting to recover gold from merchant ships that were sunk during WW1 and WW2. 

During the World Wars the British Government shipped gold bullion to pay for munitions and goods. The estimated present day value of these shipments is between 125 and 300 Billion pounds. During both wars, some 7500 merchant ships were sunk and Britannia’s Gold research has identified more than 700 to have been specific gold & silver carriers.

They have spent 25 years researching archives all over the world and have pieced together evidence of which ships were carrying valuable cargoes and where those ships were sunk by German U-boats.

They are working in conjunction with James Fisher & Sons, world-leading marine salvage experts and a FTSE250 company on the London Stock Exchange and Atlantic Subsea Ventures – a specialist salvage crew employed to carry out such missions. 

 

Current Salvage Operation – The Empress of Britain

Right now as we write this Britannia’s Gold are embarking on a salvage operation to recover cargoes from the once mighty passenger ship the Empress of Britain. She was requisitioned by the British government early in the war effort to transport gold from Durban in South Africa to the UK and then to the Americas to pay for goods and munitions, but was sunk off the coast of Ireland in 1940. The Empress of Britain was the largest merchant ship sunk during the Second World War.

The gold has apparently never been recovered from the Empress of Britain and if reports are correct, could still sit there to this day. Although a salvage attempt was contemplated in 1999 it was considered “too difficult” by the potential salvors. 

There are alternative reports indicating that salvage attempts were made previously but were unsuccessful. However, these appear to have focused on the stern of the vessel, whereas Britannia’s Gold are searching “for’ard of midships” – or in other words at the front of the boat, which appears to have not previously been disturbed. 

What is particularly exciting about this salvage operation is that Britannia’s Gold have recently uncovered new research suggesting there was an additional cargo of gold loaded onto the ship in Suez that they did not previously know about.

That means that whilst they had originally considered the potential value of the gold on board the Empress to be around $450m, it could now be more than double that amount, closer to $1bn. It also means that even if one of their pieces of research proves to be inaccurate, there is now the chance that the other will prove accurate and there is indeed some gold still aboard the ship.

Britannia’s Gold are now working on the three main cargo holds at the front of the ship in the hope that some gold is stored in at least one of the holds and if it is, that they are able to recover it.

 

How You Can Get a Piece of the Treasure

All shares in Britannia’s Gold Ltd have now been allocated, however there is still a way you can benefit from any cargoes that are successfully recovered from the Empress of Britain. 

This is through the Angel Business Club, who own 70 shares in Britannia’s Gold out of 16,000 shares in total. The Angel Business Club will distribute the proceeds of any recovery from those shares to members on a proportional basis to how many “BGL Dividend Units” they hold. If you become a member of the Angel Business Club, you will be entitled to some of those dividend units. 

The great thing about it is that if BGL are successful, there is the potential to be paid out not just for this salvage operation but for any further successful ventures in future. With over 700 ships believed to have been carrying gold, there is the potential for years – or even decades – worth of dividend payouts to be received!

As we say there is only one way you can still benefit from this incredible expedition and that is to become a paying member of the Angel Business Club. As a paying member you will not only receive free allocations of BGL Dividend Units but also free shares in a number of very promising early-stage companies as well.

But if you want a share of any gold recovered you will need to act quickly – they could find gold any day now and when they do, there may be no more dividend units to allocate. So don’t miss out!

You can become a member of the Angel Business Club from just €89 per month here.

 

No Guarantees – But A Great Opportunity

Of course there are no guarantees that the current salvage operation of the Empress of Britain will be successful and there are risks involved. It could be that the research proves to be inaccurate and no gold was stored on the ship, or in the places reported. Or it could be that the gold has already been removed, either before the ship was sunk (whilst still on fire) or subsequently. Or it may not be possible to recover the gold even if it is there. Plus of course any number of unforeseen obstacles could prevent a successful recovery.

Overall though the potential returns from the operation are enormous if it is successful so we will just have to wait and see. Whatever happens we should know in the next few weeks if Britannia’s Gold have been successful.  God speed to them! 

Don’t forget, the only way you can get a portion of the gold dividends now is as a member of the Angel Business Club – so don’t miss out!

You can get your portion of any gold recovered via membership of the Angel Business Club here. 

 

 

 

 

 

 

 

 

 

Golfers playing on links course

Golf Tipster Lands 22/1 Winner!

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Followers of our number one ranked golf tipster the Golf Betting Expert were celebrating at the weekend, as he landed yet another fantastic winner with Patrick Cantlay capturing the Memorial Tournament on the PGA Tour at advised odds of 22/1. 

With 2.5 points advised each way, that landed a very nice profit of 66 points on the young American star.  

That comes off the back of some excellent tipping that has seen the Golf Betting Expert make well in excess of 100 points profit so far this year and over 1128 points profit overall. That would be over £11,280 profit to just £10 stakes.

And now there is a top offer to join the service for a massive discount:

Normally joining the service would set you back £29 per month but until 12th June they are slashing the prices and giving you the opportunity to become a member of the Golf Betting Expert for £29 for a full 3 months!

That’s a fantastic offer and includes their tips for next week’s US Open at the iconic Pebble Beach Golf Links. 

You can get this superb offer here.

PLUS: If you join you will get a FREE Bonus of 1 Year of Access to Cricket Betting Tipster, who has made over £1,600 betting on the cricket.

So don’t miss out on this special offer – it closes on 12th June. 

This weekend’s success for the Golf Betting Expert was no fluke either. The recent winners join his long list of successes that includes some massive-priced picks such as:-

  • – WGC Matchplay – Kevin Kisner – WON at 70/1
  • – Arnold Palmer Invitational – Francesco Molinari – WON at 33/1
  • – Singapore Open – Jazz Janewattananond – WON at 28/1
  • – John Deere Classic – Bryson DeChambeau – WON at 66/1
  • – Greenbrier Classic – Xander Schaufelle – WON at 66/1
  • – Valero Texas Open – Kevin Chappell – WON at 33/1 
  • – US Masters 2017 – Sergio Garcia – WON at 45/1 
  • – Shell Houston Open – Russell Henley – WON at 40/1
  • – Barclays Kenya Open – Aaron Rai – WON at 25/1 
  • – Indian Open – SSP Chowrasia – WON at 100/1
  • – Memorial Tournament – Bryson DeChambeau – WON at 50/1
  • – Sony Open – Patton Kizzire – WON at 66/1
  • – Northern Trust – Bryson DeChambeau – WON at 80/1

So some very good winners there at big prices.

What’s more, followers of the service since it started at the beginning of 2016 have been making an average of over £275 profit per month to just £10 stakes.

Or that would be over £680 profit per month to £25 stakes.

All that has been achieved with a return on investment of over 30%, one of the highest at the Betting Gods network and a very decent return to have maintained for over three years of tipping.

The really great news though is that you can get 3 months of this fantastic tipster for just £29!

That includes tips for this week’s Canadian Open, next week’s US Open and of course the Open Championship at Royal Portrush in July. 

Grab your membership of the Golf Betting Expert here. 

 

 

 

 

 

 

wizard pic

Wizard of Big Odds – Don’t Miss Out

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The service below is due to close to new members tomorrow 31st May so we thought we would give you a heads-up in case you want to grab one of the final places.

It’s called the Wizard of Big Odds and the results are so good you might think it’s magic. The truth is whatever they are doing it is working superbly.

We haven’t actually reviewed this service but have trialled a number of Tipsters Empire services before and always found their results to be honest and transparent. Plus the service has been proofed elsewhere and has created a huge buzz in the betting community so we have no doubt the results are real.

The Wizard of Big Odds

As we say we are really starting to think The Wizard Of Big Odds is an actual Wizard. The man is just insane and we really don’t know how he does it. On Saturday he had a 20/1 winner and just to show off he goes and throws out a 28/1 winner on Monday.

Here are the results so far this year:

46 points in profit – May
14 points in profit – April
20 points in profit – March
65 points in profit – February
55 points in profit – January

Total for 2019 = Bang on 200 points – IN ONLY 5 MONTHS

Grab one of the last places with Wizard of Big Odds here.

HE WILL HAVE A WAITING LIST FROM MIDDAY 31ST MAY

Grab your place with Wizard of Big Odds before it closes here.

 

And the full results are as follows:-

Start Date (13th July 2018) – 28th May 2019 (10 months in total)

Profit: 334.00 points

To £10 stakes: £3,340 profit
To £20 stakes: £6,680 profit
To £50 stakes: £16,700 profit
To £100 stakes: £33,400 profit

Return on investment: 45.00%

 

May Stats 2019 (to date)

Profit: 46 points

To £10 stakes: £460.00 profit
To £20 stakes: £920.00 profit
To £50 stakes: £2,300 profit
To £100 stakes: £4,600 profit

Return on investment: 69.92%

 

April Stats 2019

Profit: 14.25 points

To £10 stakes: £142.50 profit
To £20 stakes: £285.00 profit
To £50 stakes: £712.50 profit
To £100 stakes: £1,425.00 profit

Return on investment: 23.17%

 

March Stats 2019

Profit: 19.65 points

To £10 stakes: £196.50 profit
To £20 stakes: £393.00 profit
To £50 stakes: £982.50 profit
To £100 stakes: £1,965.00 profit

Return on investment: 25.69%

 

February 2019

Profit: 64.35 points

To £10 stakes: £643.50 profit
To £20 stakes: £1,287.00 profit
To £50 stakes: £3,217.50 profit
To £100 stakes: £6,435.00 profit

Return on investment: 168.24%

 

January 2019

Profit: 55 points

To £10 stakes: £550 profit
To £20 stakes: £1,100 profit
To £50 stakes: £2,750 profit
To £100 stakes: £5,500 profit

Return on investment: 78.83%

 

Whole of 2019

Profit: 200 points

To £10 stakes: £2,000 profit
To £20 stakes: £4,000 profit
To £50 stakes: £10,000 profit
To £100 stakes: £20,000 profit

Return on investment: 62.72%

 

Just look at his graph – sensational
Image

What offers can I get?

EXCLUSIVE OFFER TO US

If you use discount code (coupon code)
HONESTWIZ30

Sign up to the Wizard of Big Odds here.

This will give you 30% off any subscription:

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Full Time memberships

28 Day Trial – £2.99
One month – £34.99
Three months – £87.50
Six months – £157.50
One year – £279.99

The longer your subscription, the bigger the discount on offer!

PLEASE NOTE THE SERVICE CLOSES TO NEW MEMBERS TOMORROW 31ST MAY.

football players celebrating

Draw No Bet Accumulator – Explained

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Draw no bet football accumulators are often valuable when you cannot rule out the possibility that one or more of your selections might end in a draw.  

While the odds are not as high as with a straight football accumulator, draw no bet accumulators are also safer bets. Here we will talk you through the bet starting with accumulators before moving on to the details of draw no bet accumulators. We also mention mixed draw no bet accumulators and when they can be particularly helpful.

 

Accumulator Bets

An accumulator bet is a bet that combines several selections into a single bet. The potential payout is calculated by multiplying the odds of each selection. You can make as many selections as you like, but each one must win. If you sustain a single loss, you will lose the whole bet.

For instance, if with a fourfold accumulator you selected Spurs, Manchester United, Chelsea, and Arsenal which were all priced at 2/1, then the odds would be 80/1, so a £10 bet would return £810, a profit of £800.

 

Draw No Bet

Sometimes in football betting, a game that should see a clear winner can sometimes end in an unexpected draw. Although this is not a regular outcome, it does happen, and as a precaution, you can make a draw no bet punt. The advantage is that if the game results in a draw, the bet is cancelled, and your stake is returned.

This can be a useful bet if you cannot choose a likely winner. It just depends on how sure you are about your selection.

 

Draw No Bet Accumulator

With a straight football bet, it can be quite debatable whether you choose a draw no bet punt. Yes, your stake will be returned if there is a draw, but if you win your odds will be reduced. Some people like them and others don’t see the point. However, with an accumulator, it’s a different ball game. Remember, if just one of the selections in your accumulator loses, then the whole bet is lost.

Just consider that you have bet £10 on a seven-fold accumulator and you have won the first six of your selections, all at 2/1, and your final choice is West Ham, a late kick-off, then you effectively have £7,280 riding on that match. If West Ham wins, you will collect £21, 860 – a life-changing win. BUT, if the West Ham game ends in a draw, you lose everything.

The game ends in a draw. Now you wish you had chosen a draw no bet accumulator – as they say, hindsight is 20/20 vision.

The benefits of choosing a draw no bet accumulator are clear. If you are lucky, you stand to win a great deal of money with any successful accumulator bet, so it is worth considering trading some of those winnings in the interest of making a safer bet.

 

Mixed Draw No Bet Accumulator

In draw no bet accumulators there is no need to chose to draw no bet for every leg. You can mix and match as you like. Say that you have high expectations that some of your selections will win, you can choose to select win bets as the chances of a draw are so low and that way you get better odds.

However, for the legs that you are not so sure of, you can select draw no bet to protect you from the possibility of a draw.

It all requires careful planning, but it is undoubtedly beneficial to include draw no bet accumulators in your betting strategies. They can be a handy tool.

Want to start making some consistent profit from your football bets? Well check out this top football tipster with a proven track record.

 

 

 

 

tipster warehouse pic

Tipster Warehouse – 6 Tipsters For 1 Fee

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If you enjoy betting, you want more winners.

Right now, Tipster Warehouse will give you access to six tipsters for an amazingly low price of just £9 per month. 

Following tipsters with proven, profitable results is almost always your best way to beat the bookies and with this package you get six for the price of one. 

That’s why Tipster Warehouse has launched…. “Multiple Tipsters, One Fee”.

It’s one very small fee, six tipsters, and you can access them all from anywhere in the world, on any device… you could call it the Netflix of sports betting.

The platform currently includes:

  • – Quentin Franks Express
  • – Golf Profits
  • – BK Footy Accas
  • – The USA Tipster
  • – Bookies Enemy Express
  • – MS Greyhounds

Quite a few of those tipsters we have reviewed here at Honest Betting Reviews, including Quentin Franks Racing who is our number one recommended horse racing tipster. With Quentin Franks Express you get his top tip for the day. Similarly with Bookies Enemy Express which is another tipster to have a passed one of our in-depth trials.

Plus you’ll also get key selections across a range of sports including golf, greyhounds, US sports and of course football.

And potentially more tipsters will be added as the platform grows.

The tipsters have averaged a combined £464 profit per month to date, which is excellent stuff and exceptional value to get access to all of them for just £9 per month.

We will be monitoring the tipsters and keeping an eye on how they get on to see if they can maintain that level of performance going forward.

In the meantime you can check out Tipster Warehouse for yourself here. 

 

 

 

 

 

dogs playing poker

Gambling Jokes

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Gambling can be a stressful and challenging endeavour at times so occasionally it’s nice to lighten the mood and recognise the lighter side of things. Here are some top gambling jokes for you to enjoy:

 

Poker dog

On entering a poker room, a guy sees that at one table a dog is sitting at playing poker. That’s strange, he thinks and takes a closer look. To his astonishment, the dog is playing Texas Hold’em and playing it like any human being. The strange thing is that the other players are taking no notice of the fact they are playing with a dog and treating it just as they would any human player.

After a while, the guy can’t keep quiet any longer and says to one of the players that he can’t believe a dog is playing poker. “He must be the cleverest dog in the world,” he says. The player smiles, responding “well he can’t be that bright, every time he gets a good hand, he wags his tail”.

 

In for a dime

Jack had taken the holiday of a lifetime at Las Vegas, but things weren’t going his way. In fact, things were going very badly, and he had exhausted his bankroll completely. He was so broke that he had to borrow a dime to go to the bathroom.

On entering the bathroom, he saw that the stall was open, so he used the dime in a slot machine. Remarkably, he won the jackpot. With his winnings, he went on to a blackjack table where and turned his winnings into five million dollars.

Now, with more wealth than he had dreamed off, he embarked on a lecture tour on which he would recount his remarkable story. He would tell his audience that he was so grateful to his benefactor that should he meet him again he would share his fortune with him. After several months of lectures, a man in the audience jumped up and proclaimed, “I am that man – I was the one who gave you a dime!”

“You’re not the one I’m looking for” Jack replied, “ I’m looking for the guy who left the door open!”

 

Prayer

Joe, previously a lifelong atheist, was so down on his luck that he decided to turn to God. He prayed:

“I have already lost my business, and without money, I stand to lose my house. God, please let me win the lotto.”

But he didn’t win, so he tried again:

“God, please let me win the lotto. I have lost my business, I have lost my house, and I now stand to lose my car”.

Again, he didn’t win, but he gives God one more chance, praying:

“God, this is my last chance. I have lost my business, my house, my car and my wife and children are going hungry. Please let me win the lotto.“

Suddenly there was a blinding flash of life followed by the voice of God:

“Joe, please, at least meet me halfway. Buy a ticket!”

 

House call

Jim arrives home very late, and his wife asks crossly “Where have you been?”

“I’ve been out with the lads playing poker”, he replies.

His wife scolds “Playing poker with the lads! That the last time. You can pack your bags and leave!”.

“So, can you.” says Jim “This isn’t our house anymore.”

 

 

 

 

Caan Berry – From Flipping Burgers to Betfair Legend

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You may have come across Caan Berry in his current role as a Betfair trader or on his regular blog. As a professional Betfair trader, he is enjoying considerable financial success, though it hasn’t always been that way. He says that for most of his life he was “just stumbling along without any real purpose”. Here is his story.

Like many of us, Caan took a while before deciding what he wanted to do. He’s always wanted to get ahead but had no idea how to do so, and there was little guidance available to him. He grew up in the Essex seaside town of Clacton-On-Sea but left school early and fell in with a bad set, getting into trouble frequently. His living arrangements were also precarious, mainly sofa-surfing and often broke.

Flipping Burgers

Working as a burger flipper at McDonald’s wasn’t much fun either with 16-hour shifts at minimum wage and often in trouble for tardiness. Eventually, he received a final warning and realised he was on the wrong road.

Next, he joined the army and made new friends and reasonable money with much active service, He served for seven years, but still felt that something in his life was missing. Then came that one event which would change everything. Assigned a specialist role and working alongside mercenaries, his unit was pinned down for two weeks under constant attack.

One morning, under the fiercest attack yet, he found himself,  nostrils full of the stench of burning metal and camouflage net, half covered in rubble contemplating a photograph of his finance anticipating the worst. Fortunately, the worst never came; he survived but realised that he wanted something different out of life.

Life After the Army

Back in the UK with his partner pregnant with their son, he decided to rebuild his life and make considerably more money than he had done so far. While in the army he had taken an interest in betting, though his simple mug betting approach failed to deliver success. However, in 2009 he came across Betfair trading and came to realise that was possible to make significant amounts of cash if he could only get it right.

For a while, he dabbled using various approaches and studied market movements carefully. With the added benefit of being able to watch his favourite sports, it seemed the ideal money making project to pursue.

Betfair Market Trading

For the first time in his life, he made a real effort to study, reading blogs and anything else he could find that would develop his skills and knowledge base. The more he studied, the more convinced he became that there was a fantastic opportunity to make big money that would far exceed anything he could earn doing a regular job. Not everybody agreed; many of his friends considered him mad, but he refused to listen to them.

It wasn’t easy. He had many failures working in complicated hard to understand markets, but slowly he honed his skills, never giving up on his dream. He says that “time and persistence will get you where you want”.

Success Comes at Last

To say that it all paid off is an understatement. Today Caan Berry is totally his own boss, enjoys his day job enormously which he spends just a few hours a day doing, and claims to make more money than most people can dream of. He gets better at what he does every day, which gives him his true satisfaction. It is a very different lifestyle from the army. Nowadays he works when he feels like it, and when he doesn’t feel like it, he does something else.

He says that “Giving Betfair my full attention was the biggest and smartest step I’ve ever made in my life” adding that anyone can master what he does, it doesn’t require unique gifts, just hard work and persistence.

He believes that social media has made Betfair trading much easier to master. When he first started out, there was very little information out there, but today with numerous blogs, Facebook, and Twitter, it is easy to find similar minded people to share information and knowledge with.

Is he right? Can anybody make it from rags to riches as he has? We have no reason to disbelieve him. However, it takes a special self-belief, persistence and motivation along with the ability to always get back on the horse even if it falls at the first hurdle.

Trade like a pro and check out Caan’s top trading courses here.

 

 

 

 

 

horse racing pic

Maria Laying System

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In September 2005 Maria Santonix began to publish her lay selections on a popular racing forum. She kept the thread going for over 300 days, and in that time she had turned her initial payroll of £3,000 into a little over £100,600.

That was quite a result, and it didn’t go unnoticed; in fact, it collected a great deal of attention. Naturally it also received a fair amount of dissent; after all, there is no shortage of sceptics. How did Maria choose which bets to lay? What was her system? Indeed, did she have a system?

What came to light only later was that Maria’s father was connected with several bookmakers, and through her contacts, she was able to obtain privileged information that helped with her selections. No doubt this contributed considerably to her winnings.

While most of us do not have access to the kind of data Maria had, we can still profit from her laying system. But we must state that her selections were, in fact, remarkable. Of her 4,131 selections over 303 days she achieved 3,547 wins; in other words, a strike rate of almost 86%. While Maria’s system does not in any way help us with our selections, it does provide a mathematical plan that will help us maximise our winnings.  

Here it is as she stated it.  It is straightforward; there are just four rules which determine the amounts to lay depending on the odds.

  1. 1. Prices below 3.5: lay to 1% of bank
  2. 2. Prices from 3.6 to 7.4: lay to 0.6% of bank
  3. 3. Prices from 7.5 to 11: lay to 0.4% of bank
  4. 4. Prices higher than 11 do not lay.

 

           —————————Get Free Racing Tips from Top Tipsters Here——————————

 

So how does that work out in practice?

In a nutshell, the system says that you lay larger amounts when the odds are low and that the actual amounts you lay change depending on the amount of money in your bank. When your bank balance is high, you increase the size of your bet.

For example, when Maria started with a bank of £3,000 her maximum lay would have been £30. But, as her balance improved, by the time she had a bank of approaching £100,000 her maximum lay would be £1,000. Increasing your average bet size from £30 to £1,000 in under a year takes a certain amount of courage, however much you believe in your system.

Maria laying system merely is about minimising risk and maximising profit. While intuitively it appears to be a very sensible approach, it does not seem to be based on deep-lying mathematical principles. It is an empirical approach that certainly worked for Maria, but only because she also got such a good strike rate.

Some of her critics claim that she also achieved much better odds than that most people would be able to get. Some people posted that after she had published her selections, they were unable to get similarly attractive matching bets. But the reasons for that could be just that after Maria had posted her choices, the game changed.    

Are there similar systems around?

Based on Maria’s approach it is easy to create similar systems by playing with the numbers. As we have indicated, Maria’s approach is empirical, and there is nothing magic about the specific price ranges or the percentage of your bank to wager. You might even choose to lower the percentages of your bank to lay in line with a growing balance. This will reduce the risk of losing large bets, but if you can maintain strike rates of around 80%, it will also take you longer to build your balance.

Finally

The Maria Laying System is a reasonable approach to lay betting that is apparently effective at managing risk and maximising profit. At the very least it will curb potential flights of fancy by imposing strict discipline on your betting strategy.

On the other hand, it is no panacea. If you make poor selections, no plan will compensate. If Maria could have told us exactly how she achieved a strike rate of 85% and provided us with access to the data that led to her choices, we would all be better off no matter what system we applied to that data.

The scariest part of the system is how bet sizes can potentially increase exponentially as your bank improves. We would suggest putting some brake or throttling back on that a little. Also don’t forget that the most crucial aspect it to make your sections with care; unlike Maria, you probably don’t have access to privileged information, but by following form and taking notice of the best tipsters we can all learn how to pick high-value potential winners.

You may not be able to match Maria’s amazing success, but you could follow a top tipster like this one who made over £3,000 to £10 stakes in its first 18 months of tipping.