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,
If you are new to online video slot machines, you might not realise there are two ways in which you can play: you can play for real money and enjoy the thrill of trying land that big jackpot, or you can play for fun at many top casino sites.
But is worth playing for free before trying your luck with real cash?
In the old days, when you could only play traditional slot machines in bars, clubs, hotels and arcades, the only way you could learn to play was by pumping real cash into a machine. It could take a while – and a fair bit of money – to understand every aspect of the game. But the arrival of internet-based games has changed all that and you can now play many games for free.
The benefits of playing free online slots
Free online slots are sometimes referred to as demo or practice games. And it is the word practice that is key here. Whatever game you play, your chances of winning will be improved through practice. You won’t become luckier, but by understanding the rules of any game, you will be more likely to avoid making mistakes that could cost you. And when there is money involved, this is vital.
Playing for free can help you to understand a slot game, the kind of bonuses you may encounter and the strategy required to have the best chance of winning. There is no point landing multipliers, free spins and scatter or wild symbols if you do not know what they mean or how they can be used to best effect.
More ways to learn to play
Whatever game you play, you should seek out a demo version first and take it for a spin. Even then it is always worth watching a video tutorial on playing for realbefore you actually part with any cash. Some areas of the real game may be restricted when you play for fun, especially on jackpot slots. So it makes sense to use every tool you can to get fully up to speed with the gameplay.
Where to play free online slots
You can find free online slot games on your desktop browser and also on your mobile, either as a flash-powered game or in downloadable form. The sites that host these games are often the same ones that offer real money games. Many will give you the choice to play the demo or the real version of the game.
You still need luck to be a winner
Remember, no matter how well you know a game, you still need some luck to be a winner. Learning a game inside out will help you avoid mistakes, but the odds are still tilted towards the house. Whether you are playing in a casino or online, the trick is to give yourself the best chance of winning while minimising the amount you lose. And of course, the house has to lose sometimes. And in those situations, somebody gets lucky.
https://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.png00Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2018-10-04 14:08:222023-08-03 21:34:53Should You Play Free Slots Before Playing for Real Money?
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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There was positive news for long-suffering punters recently when Bet Victor announced it would be allowing all customers to win up to £500 per bet on UK and Irish horse racing.
That makes Bet Victorthe first major bookmaker to offer a comprehensive bet guarantee covering all UK and Irish horse races, regardless of grade and it covers each-way bets as well.
For years punters have suffered from bookies restricting winning accounts (and even some that aren’t winning), only allowing customers to place minimal bets of £1 or £2 per race.
This is tantamount to closing an account and has left many punters angry and frustrated – often turning to exchanges like Betfair to place their bets instead of the bookies.
It also led to mounting pressure from government, regulators and groups such as the Horseracing Bettors Forum to ease restrictions on punters and provide a fair playing field.
Thankfully some of the bookies have started listening to this pressure and begun to loosen their restrictions, for horse racing at least.
Moves in the Right Direction
A small effort had already been made to move in the right direction prior to Bet Victor’s recent announcement, with Coral and Ladbrokes having guaranteed to lay the following wagers:
– Bets to win up to £5,000 on all races broadcast on UK television channel ITV, from 9am on the morning of the race.
– Bets to win up to £2,000 on Class 4 or above handicaps
– Bets to win up to £2,000 on any Listed, Group and Graded from 11am.
– Bets to win up to £500 on any other British or Irish race (i.e. similar to the recent Bet Victor move).
– Bets to win up to £5,000 for wagers placed in betting shops on all ITV Racing events.
William Hill has also guaranteed the last point and has extended it to online customers too, albeit with a maximum potential win of £1,000 and only for races shown on ITV.
It should be stressed that the bookies may of course allow you to win more than these amounts – it is just that these are the amounts the bookies are guaranteeing they will lay wagers for, rather than only allowing you to able to bet say £1 or £2, as has been the case for those with restricted accounts up until now.
Bet Victor Move Points Towards the Future
The Bet Victor £500 guarantee offer opens at 11am on the day of the race, and features as a separate Guaranteed Bet market alongside other normal markets so punters can find it easily.
Whilst this is the first blanket guarantee to allow punters to win up to a certain amount on all UK and Irish racing, Bet Victor have indicated that it may not end there.
Matt Scarrott, Director of BetVictor’s Sportsbook, said:
“We entered dialogue with the Horseracing Bettors Forum earlier this year and this project is something we have been keen to implement for a while. We believe our guarantee to include ‘each way’ bets and all race classes makes it a leading industry initiative.”
“Once we have trialled Guaranteed Bet for a short time, our plan is to review it with the intention of increasing limits and extending the timescales going forward.”
This would be welcome news and it will be interesting to see if more bookies follow suit. Certainly those bookies who have implemented bet guarantees have stolen a march on their competitors and will no doubt see the return of many customers who have had their accounts restricted previously.
It is unclear however with bookies would still restrict accounts of those who arb or match bet, so we will have to wait and see on that one.
It should also be noted that Bet Victor’s £500 Bet Guarantee Offer does not apply to Best Odds Guaranteed, Run for Your Money, and additional ‘each way’ place term offers.
Moving Into Other Sports?
One of the major questions regarding the recent changes is whether they will start to apply to other sports beyond horse racing.
We haven’t seen clear indications from the bookmakers on that front, but you would think if it proves successful on horse racing and they can manage their liabilities, then there is no reason why it shouldn’t be applied to other sports.
Personally we would like to see it spread to other sports like golf, football and tennis – and eventually to cover all sports.
After all, the practice of restricting winning accounts is grossly unfair and there must be a happy medium bookmakers can come to that allow punters to have a decent punt without threatening the bookies’ business model. Let’s not forget that only 2% of punters make money long-term, so really it should be possible.
The recent moves to set reasonable limits of how much people can win on horse racing are surely recognition of this and are greatly welcomed.
Let’s hope this is just the start of things to come…
https://www.honestbettingreviews.com/wp-content/uploads/horse-jumps-pic.png470700Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2018-09-18 16:49:142023-08-03 21:41:57Great News For Punters as Bet Victor Offers £500 Bet Guarantee
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.
Asian handicap is a football betting market in which teams receive a handicap that reflects their previous performance. Like most sporting handicaps, its aim is to level the playing field when teams are mismatched in terms of ability.
The stronger team receives a negative handicap, meaning they must score more goals than they otherwise would in order to win; while the weaker team receives a positive handicap. The handicap can vary from a fraction of a goal through to several goals.
Effectively, the Asian handicap is a way to remove the draw as a possible outcome and reduce betting to just two potential outcomes.
For beginners to can be a little confusing, as a bet on the team that wins in the actual game may lose. However, if you read the rest of the article and study the examples given in the payout table, all should become clear.
Note that it is called an Asian handicap as the system originated in Indonesia. It can be applied to any football game, not just those taking place in Asia. Originally called “hang cheng,” it remains the most popular kind of betting in the Far East. Today it is popular in all football betting markets in the UK, Europe, and the US.
Elimination of draws
The most significant difference between normal football betting and the Asian handicap is that there are no draws. With football betting, you can bet on a win, a loss, and a draw, but with the Asian handicap, you can only bet on a win or loss.
In the case of perfect handicapping, the odds for either of these results is 50-50, however, handicapping is rarely perfect. The challenge is to beat the handicappers by understanding more about the teams and other factors affecting the match than they do.
As there is a roughly equal chance of either side winning, odds tend to be low; typically ranging from 1.9 to 2.0.
Other points
The score is the result after 90 minutes including any stoppage and injury time. Penalty shootouts and goals scored in extra time are excluded from the bet results.
Here we will look at some practical examples. There are three types of handicaps:
– Level Asian Handicap: When there is no perceived difference between the teams, neither carry a handicap, but unlike usual football betting if the match is a draw the bets are voided.
– Single Asian Handicap: When there is a perceived difference between the teams, the playing field will be leveled by handicapping the better team. The stronger side will receive a negative handicap of -0.5, -1, -1.5 or -2 goals and the weaker team with a balancing positive score of 0.5, 1, 1.5 or 2 goals. Thus, if the game is drawn, bets placed on the weaker team will win.
– Split Asian Handicap: This is used when the difference between the two teams is uncertain. Effectively you are betting on two different handicaps at the same time, and half your stake is placed on one and a half on the other.
Pay-out table
This is an abbreviated pay-out table. Once you can understand this, it is easy to work out the pay-outs for other fractional handicaps. It is a good exercise to ensure you understand exactly what’s going on, so we recommend you do it.
TEAM A
TEAM B
Handicap
Game result
Your bet
Handicap
Game result
Your bet
0
Win
Win
0
Win
Win
Draw
Voided bet
Draw
Voided bet
Lose
Lose
Lose
Lose
-0.25
Win
Win
+0.25
Win
Win
Draw
Lose half stake
Draw
Win half stake
Lose
Lose
Lose
lose
-0.5
Win
Win
+0.5
Win
Win
Draw
Lose
Draw
Win
Lose
Lose
Lose
Lose
-1.00
Win by 2+ goals
Win
+1.00
Win
Win
Win by 1 goal
Stake returned
Draw
Win
Draw
Lose
Lose by 1 goal
Stake returned
Lose
Lose
Lose by 2+ goals
Lose
-1.25
Win by 2+ goals
Win
+1.25
Win
Win
Win by 1 goal
Lose half stake
Draw
Win
Draw
Lose
Lose by 1 goal
Win 50%
Lose
Lose
Lose by 2+ goals
Lose
-1.5
Win by 2+ goals
Win
+1.5
Win
Win
Win by 1 goal
Lose
Draw
Win
Draw
Lose
Lose by 1 goal
Win
Lose
Lose
Lose by 2+ goals
lose
-2.0
Win by 3+ goals
Win
+2.0
Win
Win
Win by 2 goals
Stake returned
Draw
Win
Win by 1 goal
Lose
Lose by 1 goal
Win
Draw
Lose
Lose by 2 goals
Stake returned
Lose
Lose
Lose by 3+ goals
Lose
Conclusion
Although Asian Handicap betting is more complex than ordinary football betting, there are many occasions when it is likely to provide a closer match to your thoughts on the game. For instance, if you think that your team will win, but there is a reasonable possibility that it could end in a draw, then you could select bet on a handicap that would pay out on both eventualities, in other words keeping the draw on your side.
For instance, if you selected a +0.25 handicap, if your team wins then you win at the stated odds, and if there is a draw, then half your stake will be returned.
Certainly, understanding the Asian handicap is another string to your betting bow, even if you use it just occasionally. At the very least, it’s a fun way to bet.
Peter Webb is a sports betting trader who has become well known as an expert Betfair trader. Trading on Betfair from the outset, he is one of the betting exchange’s top 0.1% of users.
He makes frequent appearances on radio and TV and writes for several journals. In 2005 he launched Bet Angel, a set of Betfair software trading tools.
Early days
Peter’s interest in the fundamentals of gambling was kindled at a young age and stems from the time when he would help his father complete his football pools coupon. He learned that gambling is all about understanding the risk and manipulating it create long-term profit.
After leaving school his first job was with a computer distribution company. He then went on to work for Compaq and subsequently Medion PC, but in 2003 he made the life-changing decision to devote his time to trading on betting exchanges. He has certainly been extraordinarily successful in doing so too and thinks nothing of putting £20,000 or so on a single race.
Webb on Betfair trading
When he first started trading, he investigated a wide range of markets, developing various strategies. Finally, he homed in on horse racing mainly because of the amount of money the sport attracts. It wasn’t always easy; he had to devote considerable time to understanding its nuances before he was satisfied.
Webb doesn’t base his decisions on studying form. Rather he bases them on the current price of a horse and where he thinks it will move to. Essentially, he as assessing the value and has become very adept at it.
As well as horse racing, he also focuses on important football matches which attract big money and provide the opportunity for him to trade £50,000 to £80,000 on the match. He will also trade on dog races, tennis and “X-factor” for which he claims he provided a substation proportion of the equity.
Only One Betfair Deposit Ever
When Betfair opened in 2000, Webb was one of the early players, depositing £1,000 in its first week. His first bet was for £5. That £1,000 was his only deposit but the cash in his account snowballed, and now he keeps it at around £250,000, which he considers adequate as trades are settled immediately. This means he can re-bet his capital immediately.
He usually begins to trade 10 minutes before the start of the race. He says that most of the money is bet about 5 minutes before the start. As soon as the race starts, he has no further interest so moves on to the next race. This keeps him busy, especially when he is simultaneously trading on the Australian markets that open at 2.00 am; UK markets from 2.00 to 5.00 pm; and US markets from 9.00 pm to 1.00 am.
Bet Angel
Webb has also developed a suite of specialist trading software he markets under the brand Bet Angel. Initially launched in 2005, it has been continually updated and now includes numerous enhancements including super-high-speed Betfair streaming.
One spin-off is the Bet Angel Academy which offers online training covering expertise levels from novice to master class.
What is Betfair trading?
As Betfair is a betting exchange, you can buy and sell bets. No bookmaker is involved, so you are dealing with other individuals. Betfair makes its money by charging a small fee on your activities. As with financial markets, your aim is to buy at a low price, and you sell at a high price. In betting terms, your aim is to lay low (buy) and back high (sell). This way you can lock in a profit in advance of the event starting.
The key is to place an initial back or lay where you think the price might move in your favour. If this happens, you can lock in a profit by placing a closing bet to cover your potential loss leaving you with a win-win position.
Across the top leagues in Europe, investigators maintain that up to 300 games are fixed every season. In fact, football match-fixing is a global problem that may penetrate all corners of the game, even the Premiership.
We will look briefly at some of the more notorious examples and examine how we might be able to identify potentially fixed games; it’s all in the betting patterns. Touching briefly on the ethics of betting on fixed games, we will look at the possibility of making a profit and how to avoid some of the football betting scams that you might come across on social media.
Famous Football Betting Scandals
Over the years, many football scandals have been exposed; here are some of the most infamous and the most recent:
– One of the most notorious British football betting scandals was uncovered in the 1960s. It was organised by the late Jimmy Gauld, a football player who turned to match-fixing after his career ended prematurely after he broke a leg. After several lucrative years, he eventually came clean and, in the process, incriminated several other football players. Sentenced to four years imprisonment and a huge fine, he was immortalised in a movie called “The Fix.”
– The most recent British scandal emerged in 2013. Revealed following various press investigations, six people were arrested for conspiracy to commit bribery, five of whom were found guilty. It emerged at the trial that it cost around £70,000 to fix a match.
– In the same year operation VETO investigated Asian organised crime syndicates which influenced 380 football matches globally. The scam raised around €8,000,000. Fifty people were arrested.
– The latest scandal was revealed in July 2018 and resulted in Emanuele Calaiò, a Parma forward, receiving a two-year ban for match-fixing.
These are just the tip of the iceberg. There is little doubt that football match-fixing is at least as prevalent today as it ever has been. Last year the football manager Joey Barton received an 18-month ban after placing 1,260 football bets. Following his ban, he revealed to the newspapers that match-fixing is rife and the FA is incapable of dealing with the problem.
Making money from fixed football matches
If it were possible to know in advance if a match had been fixed, then there is a clear opportunity to profit from this knowledge. This brings in a big ethical dilemma. For those of us who love football, match-fixing is a huge threat to the integrity of the sport. In fact, following the 2013 scandal mentioned above, sentiment analysis of the resulting social media posts and tweets demonstrated that overall the public was outraged, with disgust, fear and anger being the most common responses.
Of course, not everyone feels that way. What would you do should you find a £20 note on a deserted street? In the final analysis it’s your decision, but next, we will look at how some people might go about trying to identify potentially fixed matches. The answer is in the betting patterns.
How to identify a fixed football match
The only realistic way to identify fixed football matches is to adopt the same approach as the authorities and organisations such as Sportradar who gather and analyse sports data on behalf of bookmakers.
Don’t underestimate the sophistication of seasoned match-fixers. Their aim is to place bets on outcomes they can readily influence and that are hard to detect. The large football betting markets are match odds and over/under 2.5 goals. However, exact score markets and over/under 1.5 and 0.5 goals markets are relatively small, so any high-volume bets placed on these are easy to spot and will ring alarms.
Thus, a favourite target for match fixers is over/under 2.5 goals. In a league where the number of goals is close to 2.5 it would need only a small influence by players and match officials to force the result one way or the other, and the activity would be very difficult to detect. Sophisticated statistical analysis of betting patterns in these markets can reveal anomalies in betting volumes that suggest match-fixing. The analysis can also highlight the potential influence of specific match referees.
However, doing this requires access to massive amounts of betting data, which is simply not available to the public. It also requires a deep understanding of sophisticated data analysis techniques. While organisations such as Sportradar do all this on a routine basis, for the ordinary punter identifying fixed football matches isn’t feasible.
What about the adverts that claim to identify fixed games?
It is sad that given our current degree of internet savvy people are still taken in by the most basic of scams. Such websites are simply a variant of getting rich quick scams that will leave you high and dry. Don’t be taken in; if they really knew which matches are fixed, why would they go to the effort of telling you?
Finally
Sports betting is the one area of gambling that rewards detailed sports knowledge with value bets which over time will provide a profit. Your time will be far better spent developing your football betting techniques that chasing rainbows such as fixed football matches.
Probably the best thing you could do is join a matched betting service like Profit Maximiser, or a top tipster like the Football Guru.
https://www.honestbettingreviews.com/wp-content/uploads/Match-fixing-pic.png396600Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2018-09-05 13:11:262018-09-05 13:14:28Are Football Matches Still Fixed and Can You Profit From Them?
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Finding a betting system that works is a goal for most bettors. Most betting systems rely on mathematical formulae to beat the bookmaker and give themselves the best chance of a profit, but coming up with a system is not easy, despite the claims of hundreds of websites.
But you can make a profit from sports gambling, either by developing your own systems to provide a long-term yield – this requires analysis, research and an expert knowledge of the sport – or by following a tried and tested system which may require a subscription. As our website shows, some systems fail, some will help you break even and some will actually make you a profit. But good systems are few and far between.
In theory, the arbitrage betting system works. But like any system, it has drawbacks. The system relies on identifying discrepancies in bookmakers’ prices. This can be difficult as it involves some complex mathematics and also requires the bettor to act quickly before the opportunity is lost. The term derives from the world of stock market trading and there was even a film dedicated to the subject.
How does arbitrage betting work?
In simple terms, arbitrage betting involves betting on both outcomes in an event. This is best applied to sports matches where a draw is not possible such as a singles tennis match.
In these events, there can be enough variation in bookmakers odds to create a situation where betting on both outcomes can guarantee a small profit.
This can happen because the bookmakers do not agree on who will win, or one bookmaker will adjust the odds to attract more money to that side of the book. Remember, top bookies are always trying to balance their books to create a profit for themselves, but they do not always get their predictions right as the EU referendum in the UK showed. And freak results can sometimes catch everybody out such as Leicester City winning the Premier League in 2016 after being priced at 5000/1.
How to spot an arbitrage opportunity
If you think there is a discrepancy between bookmakers’ odds, you can apply the following formula to establish if there is a profit opportunity:
• (100/decimal odds of bet 1) + (100/decimal odds of bet 2) = X
If the result is less than 100 then there is an arbitrage opportunity. You would then split your bet into two stakes based on the same formula:
• Stake 1 would be (100/decimal odds of bet 1) • Stake 2 would be (100/decimal odds of bet 2)
Example of an arbitrage bet:
You notice Marcos Baghdatis (Player 1) is priced at 1.40 with Betway (Bookmaker A) in the US Open match against Mikhail Youzhny (Player 2) while his opponent is priced at 3.00, but another bookie (Bookmaker B) has Youzhny priced at 4.00:
• Bookmaker A: Player 1 is 1.4 and Player 2 is 3.0 • Bookmaker B: Player 1 is 1.3 and Player 2 is 4.0
If you backed both outcomes with Bookmaker A you would lose money. If you backed both outcomes with Bookmaker B you would lose money.
But if you backed Player 1 with Bookmaker A and Player 2 with Bookmaker B, you could guarantee a profit.
If we put those odds into the equation, they look like this:
• (100/1.4) + (100/4) = 96.43
As the result is less than 100, there is an opportunity to guarantee a profit. To achieve this, you would use the same equation to calculate your stake:
• Stake 1 (100/1.4) = £71.43 on Player 1 • Stake 2 (100/4) = £25 on Player 2
Based on a total stake of £96.43, the results would look like this:
• Player 1 wins: Total return = £100; total profit = £3.57 • Player 2 wins: Total return = £100; total profit = £3.57
By identifying this discrepancy in the bookmakers’ prices, a profit is guaranteed, whatever the outcome.
The downside of arbitrage betting
The first thing you may notice is that the profit is very small compared to the stake. This is a typical characteristic of arbitrage bets. It also means that you may face a heavy loss if you make a mistake of miscalculation. Arbitrage betting requires quick thinking and accuracy to be successful.
You also have to find the betting opportunities in the first place, which can take a lot of time. With such small profits at stake, the time involved in finding bets may not seem worth it. However, eagle-eyed punters will find it easier to spot discrepancies over time. If you do spot an opportunity, you also have to act quick as the bookies’ odds might change at any moment.
Using a system like this is not illegal. However, bookmakers may suspend your account or limit your activity if they suspect you are using a system to beat them.
Due to the small profits, the time involved and the risk of account suspension, arbitrage betting is an unattractive system for most bettors.
https://www.honestbettingreviews.com/wp-content/uploads/arbitrage-pic-2.png496750Danhttps://www.honestbettingreviews.com/wp-content/uploads/hbr-logo-new-300x145.pngDan2018-09-01 12:47:032023-08-03 17:58:51A Quick Guide to Arbitrage Betting
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