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,

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GreatBets.com – One Year Update

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Here at Honest Betting Review we like to update the progress of tipsters we have reviewed and not just forget about them after our initial three-month review.

So we have been continuing to monitor the results of multi-sports tipster Great Bets since our original review ended back in February.

Just to recap, Great Bets made 827 points profit during our original trial and received a passed rating and 4.5 stars.

We have now been following the tips for a full year so thought it would be a good time for an update.

Here are the monthly results since the original trial ended on 6th February 2017:

  • February (from 6th onwards): -285 points 
  • March: +83 points
  • April: +205 points
  • May: +340 points
  • June: +67 points
  • July: -631 points
  • August: +124 points
  • September: + 97 points
  • October: +190 points
  • November (to date):+ 394 points

So in total that’s an additional 584 points profit since our trial ended and 1,411 points profit in total for the 12 months we have been following the tips.

That’s an excellent total and we are happy to maintain our PASSED rating here. 

Apart from a tough month in July, they have been remarkably consistent. We always stress the importance of long-term results and Great Bets is showing that long-term edge.

We will continue monitoring results and will update things again at regular intervals.

In the meantime you can check out Great Bets here. 

 

 

 

 

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GreatBets.com – Final Review

6th February 2017

We have reached the end of our three month trial of Great Bets and here are the final results:-

 

Profit/loss:    +827 points
Strike Rate:    32%
Bank Growth:    165%
Cost:   £25/week, £99/month or £249/quarter 
ROI:   14%
Average number of bets:    4 per day
VERDICT:   PASSED
Rating: 

 

You can view full results here. 

 

GreatBets.com – Full Review

 

Great Bets is a multi-sports tipster with a focus primarily on horse racing.

It is run by a guy called Martin who has been betting professionally since he left university more than 10 years ago.

Over time he has developed a system of rules that allows him to pick winners with a high degree of accuracy. He recently decided to share this approach with the public via his website.

We have been following the bets for three months now and are pleased to report that they have performed excellently under live trial conditions, producing 827 points profit to advised prices.

Here are the results for the trial in graph format:

GreatBets.com Profit Graph

A little bit of a rollercoaster ride, but overall a strongly positive graph that finished well up.

We should point out that average stakes during our trial were around 15 points, so the profit would be around 55 points profit to 1 point level stakes.

The total is still very impressive however and meant we more than doubled our bank during the trial, increasing it by an astonishing 165% in three months.

That is one of the highest totals every recorded here at Honest Betting Reviews and the best for a while. 

We enjoyed a strong strike rate of 32% during the trial and a commendable return on investment of 14%, which is a pretty good ratio to have between those two metrics.

At Betfair SP, results were also very good, with 556 points profit made, which is the equivalent of around 37 points profit at one point level stakes.

Here is the how bets broke down by sport:

 

Sport Percentage of total bets during trial
Football 4%
Horse Racing  94%
Snooker 0.5%
Tennis 1.5%

 

As you can see, horse racing bets make up a large majority of the bets. 

All in all there is a great deal to like about the service and we have no hesitation in awarding Great Bets a RECOMMENDED rating. 

 

Service Breakdown

Ease of use:  There are around 4 bets per day on average, so the bet volume is a little higher than most services. Tips are normally sent out in the morning with plenty of time to get the bets on.  

Availability of prices:  Although there was a bit of a difference between the advised prices and Betfair SP results (i.e. a 33% difference), we did not see huge pressure on prices after they were sent out, but more often a gradual move down in some cases. So it should be practical to follow and even at Betfair SP you should still make a good profit. 

Strike rate: The strike rate for the trial was 32%, which is a good level and should mean the losing runs will be manageable hopefully. 

Advised Betting Bank: They advise using a 500 point bank with their advised staking of between 10 and 30 points, which was sufficient for the trial, although we were over 200 points down at one stage and the 500 point bank might come under pressure if there was an extended drawdown. We think a 750 point bank would give you a bit more peace of mind. 

Subscription costs: The subscription costs are £25/week, £99/month, £249/quarter, £459 for 6 months or £849 for 12 months. Whilst these appear high on the face of it, for what you are getting they are well worth it. 

 

OVERALL VERDICT: PASSED

With a massive 165% growth of the bank over the trial, Great Bets has positively smashed it and is one of the best trials we have experienced for a while.

A very tasty 827 points profit were made, which would be £578 after subscription costs if you were betting at £1 per point, or £3,886 if you were able to bet at £5 per point. 

The results published on the website for the period prior to our trial are mighty impressive too, with over 2,500 points profit made and 11 profitable months out of 11.

Some people may balk at the high subscription costs, but for once in this industry we can see that they do seem justified given the results achieved to date.

The advantage of having the subscription costs at this level is that it should protect prices for the elite group of subscribers lucky enough to become members.

If you are serious about your betting, we can highly recommend joining that elite group of Great Bets members.   

You can sign up to Great Bets here. 

 

 

 

 

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GreatBets.com – Results Update

14th January 2017

More profits for Great Bets since our last update a month ago.

They have added another 155 points profit at advised prices, bringing them to 658 points up for the trial overall. 

You can view full results here. 

At Betfair SP, we have added another 140 points of profit to stand at 402 points up overall.

Just a reminder that the staking here ranges between 10 and 30 points per selection, worth bearing in mind when looking at the points total, which are still excellent.

 

 

 

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GreatBets.com – Results Update

15th December 2016

Things continue to go very well for Great Bets, a multi-sports tipster. They have made a further 268 points profit since our last update, bringing them to 503 points up overall.

 You can view full results here. 

At Betfair SP they have added 262 points profit to be 307 points up so far.

The good news is that they are now offering a completely free 7 day trial, with no paypal or credit card details required. 

Looks well worth a go based on what we haves seen so far. 

 

 

 

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GreatBets.com – Results Update

28th November 2016

It has been a good start to our trial of Great Bets. After one month of following the selections, we are 235 points up at advised prices and 45 points up at Betfair SP.

You can view full results here. 

There are quite a large of number of bets, with 142 so far. Most of these are in horse racing, with a few bets in football and tennis.

Staking varies between 10 and 30 points, with more of the latter lately.

So far the results are living up to those prior to the trial, which is promising.

Anyway, back soon with more updates.

 

 

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GreatBets.com – New Review

8th November 2016

We are commencing a new trial today of a promising sports tipster called Great Bets. 

Having a look at their past results, they have apparently made over 2500 points profit since commencing tipping in March 2016.

They tip in a variety of sports including horse racing, football and tennis. 

The service is run by a guy called Martin, who says he left university in 2002 and over the last 10 years has made a profitable income from betting online.

He is clearly a huge sports enthusiast and follows events from all over the world. Having developed and refined his betting strategy over a number of years, Martin is now ready to share this system with the public via the Great Bets website.

The good news is you can get a 7 day free trial with no credit card or Paypal details needed, to see if this is a service for you before signing up to one of the longer memberships.

We are always on the lookout for new tipping talent so we are looking forward to seeing how this one gets on under the spotlight of a live trial.

So we will kick off a three month trial and see how Martin performs. Please note that we started receiving tips on 28th October 2016 so we will record results from then onward.

We will return soon with our first update on how things are going.

In the meantime, you can check out Great Bets here.

 

 

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Spectre.ai ICO Review

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Today we are going to take a look at a new ICO that has just launched called Spectre.ai, which will run until 10th December 2017.

Just in case you are wondering, this is not in fact anything to do with the James Bond film starring Daniel Craig, but is actually going to be the world’s first broker-free financial trading platform. Spectre stands for Speculative Tokenised Trading Exchange.

Spectre looks very interesting to us and is well worthy of further investigation.

Below we will take a look at what Spectre.ai is all about, how much you could potentially earn from it and whether we will be investing ourselves.

 

 

The Problem – Dodgy Brokers

Forex and financial trading brokers have been associated in the past with fraud – particularly in the binary options sector – as well as market manipulation and conflict of interest.

For example, it has been known for “market makers” to manipulate prices of markets so that people’s stop losses get taken out, only for the price to then move back close to its original level. This is flagrant manipulation to the benefit of brokers and the cost of traders.

In addition, people who want to trade with a broker have to deposit funds with them, meaning they are trusting the broker with their money.

If the broker goes bust (as happened with a number of brokers in 2015 when the Swiss Franc decoupled from the Euro) then potentially you could lose all your money – and some people have done.

Some of the worst examples of broker abuse include brokers like Banc de Binary, a digital options broker that was ejected from the U.S for defrauding clients (and went on to shut down in 2017) and FXCM, a major forex broker that traded against clients and others.

And if all that wasn’t bad enough, if you end up consistently winning money with a broker, there is a real risk they will just close your account!

All of these problems arise from having to have a broker as a “middle man” between people who want to trade various assets with each other.

 

Spectre.ai – The Solution

The SPECTRE Model

With so many problems rife in the financial trading industry, this is where Spectre come in.

Spectre.ai will be the world’s first broker-less financial trading platform.

Spectre will allow you to trade everything from binary options to forex, stocks and CFDs on the platform, but without the problems that can go with having a broker act as an intermediary in transactions.

It will replace the broker’s function with an autonomous, decentralised liquidity pool (i.e. a pool of funds to cover people’s trades).

The liquidity pool will be initially funded by a token sale, with investors receiving tokens in return.

The broker will be replaced by a smart contract which will entirely remove the possibility of human manipulation of the market and allow a seamless trading experience.

 

An Industry Ripe for Disruption

Spectre have identified an industry ripe for disruption in the online trading world.

Billions of dollars are traded every day on online trading exchanges and yet to date this trading has always required a broker to function, with all the potential problems listed above.

The power of the blockchain to disrupt this situation and replace the middleman with a smart contract is immense. 

example of a Spectre trading slip

An example of a Spectre trading slip.

Instead of making money mainly on trader losses, Spectre’s fees are instead generated on volumes (wins or losses) in Spectre, thereby moving away from the traditional conflict of interest model.

Their trading platform will be built on the Ethereum blockchain, which should provide stability and reliability in handling the smart contracts on the platform.

Even just capturing a small portion of the online trading market could make Spectre.ai a very lucrative investment. Indeed, the retail FX market is worth over $81 trillion every year.

 

The Spectre.ai ICO

The Public Token Sale began on 17th November 2017 and runs until 10th December 2017.

There is an 11% bonus on any tokens purchased before noon (GMT) on 24th November 2017 – click here to take advantage of this bonus.

There will be a hardcap of 240 million Spectre tokens.

One Ether is worth 2,000 Spectre tokens, or in other words, one Spectre Token is worth 0.0005 Ethereum.

At the time of writing with Ethereum priced at $355, that means one Spectre Token is worth around 18 cents.

So far they have raised just over $9 million towards their target of $30 million.

After the end of token sale the remaining unsold tokens will be burned and the share of all token holders will be proportionally increased, on a pari-passu basis.

Two Tokens on Sale

Money surrounding a smartphone

There will be two tokens available as part of Spectre.ai – the utility token and the dividend token.

The Utility Token – SPEC-U – offers its holder higher payouts on the trading platform, a wider variety of assets as well as participation in the token buy-back program.

In the buy-back programme, the Spectre team will use 3% of fees generated to purchase Spectre Utility tokens, up to a maximum of 15% of the outstanding supply. This buy-back programme will reduce the supply of tokens and serve to increase the price.

The Dividend Token – SPEC-D – will pay a 2% dividend to its holders on the basis of the trading volume on the Spectre platform. Dividends will be paid weekly, with a special dividend paid annually.

 

Possible Dividend Returns

Some projections issued by the Spectre team estimate that the dividends could be as much as $0.06 per token in 2018, rising to $0.56 per token by 2021, $3.23 per token by 2025 and an astonishing $5.34 per token by 2028 (i.e. just over 10 years’ time).

This is represented in the table below:

Dividend Returns with Spectre

That would mean for just a $1,000 investment in the ICO, you would make $3,700 per year in dividends by 2021, $21,000 per year by 2025 and over $35,000 per year by 2028!

Those returns would be absolutely phenomenal and would smash just about anything available on the stockmarket in terms of ROI.

Please note the projections are predicated on the number of users, so for example that there would be 27,000 users by 2021, 154,000 users by 2025 and 264,000 users by 2028.

It is also important to bear in mind that these are just projections and we don’t know whether they will prove to be accurate, but it gives you an idea of how much dividends may be if the trading volume hits certain levels.

 

The Spectre Team

The Spectre Team

The Spectre Team brings an impressive range of skills from the financial, blockchain and investment worlds.

Here is a rundown of some of the key team members:-

  • – Karan Khemani – CEO – started working at J.P Morgan and then went to work for Goldman Sachs as Executive Director in Research and Investment. Graduated from the London School of Economics with MSc in Decision Sciences
  • – Zisis Skouloudis – responsible for financial forecasting and risk management in SPECTRE’s liquidity pool. Formerly worked at INO SA & Siemens, designing and implementing their ERP software.
  • – Elena Drakos – responsible for SPECTRE’s accounting, financial planning and analysis functions. An associate chartered accountant (ACA). She previously worked at KPMG London and holds a Bachelors degree in law from Kings College, London.
  • – Menelaos Scouloudis – Advisor – an undergraduate from MIT and MBA from Harvard, serves as the group’s exchange listing and crisis-management advisor. CEO of Velti, a major mobile-advertising operator. He and his management team took Velti public on the New York Exchange shortly after which it reached a billion-dollar-plus market valuation.
  • – Sascha Berresch – serves as the group’s M&A and general strategy board advisor. He is currently the Co-Head of the Institutional Department and Head of Institutional Research at Hauck & Aufhäuser Privatbankiers AG, one of Germany’s leading investment and private banks. 
  • – Isaac Lee – CEO and COO of KRtoken, one of Korea’s most prominent blockchain advisory and marketing groups, Lee is Spectre.ai’s Korean and wider Asian market strategy advisor.

So as you can see, an impressive team combining a wealth of expertise and talent that should hold Spectre in good stead.

 

Spectre.ai ICO – Our Final Thoughts

It's time to drain the swamp in financial trading

So there you have it, a summary of the Spectre.ai ICO. What do we make of it then?

Overall we think this has some of the key ingredients for a successful ICO and cryptocurrency project.

They have identified an industry that is ripe for disruption – or to “drain the swamp” as they put it – and where the blockchain can provide a solution to some of the major problems in that industry.

In this case, the problem is the unreliable nature of forex and trading brokers and the conflict of interest between them and their clients.

The blockchain can provide a solution to this by utilising smart contracts that remove the need for a broker entirely.

If they could execute such a platform successfully, then it would indeed be a major achievement and could significantly disrupt the industry.

In terms of being a success for investors and generating strong returns for them, that will rest very much on the number of users they are able to sign up to the platform.

That in turn rests to a large extent on two things in our view: marketing and user experience.

  • 1. Marketing:– in terms of marketing, it is a question of getting the message out there that Spectre offers a superior experience to traditional brokers. If they could offer tighter spreads than those brokers they may well find their job significantly easier.
  • 2. User Experience:– with regard to the user experience, it is important that the platform is easy to use, attractive and they have good customer service. From having a look at the test version of the platform, it looks good and seems to work well, which are good signs.

There are some competitors in this space doing similar things – LA Token and Nagacoin for example. So it could be a crowded marketplace.

However, all Spectre need to do is secure a small share of the market and they would still be very successful based on the figures they have set out.

The projections they have put forward showing 150,000 members by 2025 seems achievable to us and if they could reach these kind of numbers then the return on investment for participants in the token sale who hold on to their coins looks to be very favourable indeed.

For this reason, we will be investing in this token sale and will look to hold our coins for the long term to hopefully accrue both dividends and capital appreciation.

If you are thinking of investing, please be aware that all cryptocurrencies are risky propositions and you could lose all your investment, so please only invest money you can afford to lose. Please also bear in mind we are not financial advisors so you should do your own research and make your own deicions based on appropriate professional advice.

As we say though, we like the look of Spectre.ai and will be investing some funds here.

You can check out the Spectre Token Sale here.

 

 

 

 

Fantastic Tipster Offer – Don’t Miss Out!

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We have a fantastic offer for you today from a tipster that has managed to achieve something incredibly rare in the tipping world – they have survived 4 years of successful, profitable tipping!

Yes this tipster has been around for exactly four years and in that time has made over 500 points profit for its lucky members  – that’s over £5,000 profit to just £10 stakes.

That works out at an average of £112.40 every single month with just 3 selections at level stakes per day.

And it has enabled this tipster to grow their bank by a remarkable 420% in the last 4 years.

Those are some remarkable numbers and as we say, are very rare.

Click here to check out the special offer for this top class tipster

We have tried out hundreds of tipsters in our time and the vast majority fall by the wayside after a year or two and many disappear much more quickly than that.

So to have lasted four years and made a consistent profit in that time is highly commendable.

Success in betting is all about the long-term and this horse racing expert has demonstrated they have a long-term profitable edge over the bookies.

Don’t miss out on these superb profits any longer – make sure you sign up to their special offer today.

 

November Offer Details

The offer will run out at the end of November and represents a HUGE saving off the normal price.

Whilst it normally costs £49.95 per month to join this tipster, for a limited time only you can join for £4 for the first month and then £44 per quarter (i.e. 3 months).

So that represents a massive saving of over £100 on the normal price!

Or you can sign up for a lifetime membership for just £444 – which would save you £155 in the first year against a monthly membership and then save you over £500 per year!

You may be wondering which tipster I am talking about – well just click here to find out and take advantage of this superb offer.

Don’t miss out on all these winners any longer – sign up today.

 

 

 

 

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Stanley Ho – Macau Casino King

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Not only is he one of the most successful men in the world with an estimated fortune of $4.8 billion, he’s had to overcome numerous hurdles over the years, particularly when first starting out. Stanley Ho is now in his 90s but remains one of the most recognizable entrepreneurs Asia has ever produced.

He has been Chairman and  founder of SJM Holdings, which owns most of the casinos in Macau (even more remarkable when you consider he doesn’t bet), and his nickname of The King of Gambling has become the stuff of legends.

Early Life

Ho was born in 1921 to one of Hong Kong’s most powerful and respected families. Despite that, his early life was marked by hardship. It was the start of the Great Depression and Ho’s father was made bankrupt and then decided to abandon the family, leaving 12 other brothers and sisters. Two of Ho’s brothers committed suicide and, after he was given a college scholarship, war broke out and the family had to flee the advancing Japanese army.

Despite these early challenges, Stanley Ho began to make his entrepreneurial mark at a young age. He went to work for an import export business after the war ended and was quickly made a partner in the company. He was just 22. The period in and around the Second World War was a good time for entrepreneurs and Ho made money exporting luxury goods into China. By the time the war ended, he was profiting from the national desire to rebuild in and around Hong Kong. He began to make a lot of money and by the 60s was eyeing up the potential of gambling for furthering his career.

 

 

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Later Career

In his sights were the betting operations in Macau where gambling was legal and in 1962 he joined with a consortium of other businessmen to develop a monopoly. The Sociedade de Turismo e Diversoes de Macao (STDM) began to bring Western style gambling to the island and, more importantly, created better transport between it and Hong Kong, where there were plenty of customers.

Look at Macau today and you see a thriving tourist resort where gambling provides half its revenue. In fact, it’s the biggest gambling location, outstripping even Las Vegas, with a turnover today in excess of $30 billion a year. The company is the biggest employer on the island and also controls the airport, ferries and helicopter landing sites.

Over the years, Ho’s business interests have diversified. In 1989, SJM took control of the Macau Jockey’s Club and Ho has also launched Asia’s first football lottery called SLOT. His interests include department stores, banks, real estate and hotels all across the world. He sits on the board of a number of major organisations and is still, despite his age, one of the most influential men in Asia, certainly over the last century.

In his later years, Ho has handed over control at various times to members of his family. He has been married four times and has seventeen children, the most prominent of them being Pansy Ho. She became a director of SJM and was made a half owner in the MGM Macau casino. His son Lawrence has also been given responsibility in recent times. One daughter, Josie, is also ploughing her own furrow as a successful Hong Kong pop star.

Stanley Ho has made many philanthropic donations over the years, particularly to educational institutes. He also has a particular passion for dancing and has appeared on televised sponsored events performing the tango and waltz for charity.  

He hit the headlines when he spent over half a million dollars bidding on rare truffles for a charitable cause. He has been awarded an honorary doctorate from the University of Macau and even received an OBE for his services to Hong Kong while it was still part of the British Empire. In 2010, Hong Kong awarded him the Grand Bauhinia Medal for his services to the area.

 

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Attempted Move to Vegas

Gambling is notorious for attracting those from organised crime, however, and  Ho’s life has not been without it’s controversy. When the company tried to move into Nevada in the US, the licence was only agreed once there was confirmation that Ho would not benefit from the arrangement. His reputation in Macau meant that authorities in Singapore resisted attempts in the company moving into the region. Possible links to triad members, which Ho has always denied, meant that he was the subject of an investigation into organised crime in the Philippines. His problems have also involved family members and there were two law suits in recent years following a share restructure within the business.

Ho finally withdrew from his business interests when he became ill in 2009 and had to undergo serious brain surgery following a fall. He now spends his time in Hong Kong and Macau.

 

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Spread betting

What Does Point Spread Mean in Betting?

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If you work in financial markets such as stocks and shares, you’ll probably be well aware of the concept of point spreads.

Essentially it means you gamble on the movement of the market rather than the possibility of a particular price that you want to buy or sell at. In stocks and shares, this means anticipating whether a range of outcomes are going to happen and it means understanding the market closely.

This is something that is very popular in sport’s betting. Instead of betting on one team winning, you may want to be nuanced in your approach. In cricket, that could be a team scoring below or above a certain number of runs.

In financial markets it’s called long and short betting – if you think a particular stock is going to rise or fall, you can bet on those outcomes. When you get it right, you make money, and when you get it wrong, you lose. You can also make more money if you get it ‘very right’ or lose more if you get it ‘very wrong’.

The Point Spread: What is it?

Essentially, you considering a range of outcomes and your bet is whether the final result comes below or above that when the event is over. Let’s take the Rider Cup. America are fielding a particularly strong team and Europe is weak. The spread bet would be on how much the US team are likely to win by. The spread could be that they will have a 15-13 lead by the end of the final day. Your points spread bet will be whether that win margin will be greater or smaller.

 

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If you’re looking at a game like American Football, a points spread would on be a particular team winning or losing by a certain amount. This could be shown as a plus or minus against each team in the betting information. For example, if you have The New England Patriots playing the Dallas Cowboys, the spread could be +6 for the Patriots and -6 for the Cowboys. The amount of the spread will usually indicate how much one team is favoured over the other. Your bet is that one of two things is going to happen – either the Cowboys are going to lose by six points or more or they’re going to lose by 5 points or less. That means your team can lose but you can still win the bet if you pick the right option.

Spread betting has been around for quite a while and has become a lot more popular since the advent of online services. In the UK, it began around 1980 when companies were looking for something more nuanced than fixed odds betting (where you bet on a win or lose, rather than betting on the margin).

Point spread betting allows betting companies to offer a range of options to the average punter. For example, in a tennis match it could be how many games a player is likely to win or the total number of games that are won by both players. If you bet under or over the bookies estimate, you can get paid according to ‘how right you are’ when the final result comes in.

Another example from a cricket match could follow this kind of scenario: Your team isn’t doing very well and the middle order has a few form problems. The spread for batsman number 3 is that they’ll score between 48 and 52 runs.

You think with the strength of the opposition’s bowling attack that the player will struggle and opt to go for the lower option, choosing to bet £2 per run below 48. The batsman is bowled out for just 10. That means you are 38 runs below the spread. Multiply that by your £2 and you get a win of £76.

 

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Teddy Sagi – Billionaire Gambling Entrepeneur & Camden Market Owner

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If you’ve ever played online casinos or betting games, there’s a good chance you’ve been using something developed by Teddy Sagi’s company Playtech. He also happens to own most of London’s Camden Market.

The Israeli born entrepreneur is estimated to be worth more than three and half billion dollars and at the age of just 46, he’s still got a lot to offer.

A serial entrepreneur with a habit of making shrewd investments, marks him as one of the most successful entrepreneurs in the world.  Sagi’s involvement with the software company Playtech has transformed the world of online gambling sector over the last couple of decades. 

 

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Early Life

Sagi was born in Tel Aviv in 1972 to fairly prosperous parents. He grew up in and around the Shikun Lamed district and learned the value of hard work early on in life. His father owned a travel agency and his mother was a successful beautician and cosmetician.

 

Sagi had spent time with his father learning about the stock market and made some success of buying and selling real estate. By the time he was ready to invest in the online world he had a good deal of experience to fall back on. 

One of his earlier ventures ended with the breakup of the company but it undoubtedly gave him the financial boost to move onto other, more profitable projects.

 

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Later Career

After his earlier investments and ventures, Sagi moved onto online gaming and betting in 1999 and founded Playtech, a company that today is uniquely synonymous with the industry. From the start, his plan was to develop systems that businesses such as casinos could use and the constant desire to innovate and stay ahead of the competition has served the company well, even now.

He employed the best people money could buy which meant getting the business off the ground took a lot of venture capital. It worked spectacularly. As the burgeoning online market began to develop, so did Playtech. Clients today include some very well-known names in the betting and gambling industry including William Hill, Paddy Power and Bet365.

The company has, since the beginning, been at the forefront of change. They were the first to offer mobile gaming in 2005 as people began using their smartphones more and more. A year later, and just six years after the company was founded, Playtech went on the stock market and was valued at $768 million. Since then, the company has produced a wide range of games which are noted for their ease of use and variety. The business has expanded and now employs over 3,000 people worldwide with multiple offices across the globe.

In 2016, Sagi sold a 12% share in Playtech for around $400 million but still owns a controlling share of 21%.

 

Expanding the Empire

 

Since the success of Playtech, Sagi has begun seriously diversifying his assets and looking at expanding his empire. In 2014, he paid $400 million to invest in Camden Market, one of London’s most iconic landmarks. He now owns 4 out of the 6 most important sections of the market and continues to invest in London property. He’s also putting another $300 million into developing the market.

The other area that Sagi has invested heavily is in technology, particularly software, as you might expect after the success of Playtech. He is a majority shareholder of gambling credit card clearing company SafeCharge and now owns digital development platform Crossrider. The entrepreneur obviously has an eye for start-up companies and includes Glispa, an advertising business, and Stucco Media, an ecommerce company, in his current portfolio. This has seen his personal wealth grow to some $3.6 billion and all by the age of 45.

Sagi currently lives in one of Israel’s most expensive districts, Herzliya, in a $41 million home. He is married to Yeal Nizri and has four children. 

 

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Betfair Cash Race Explained

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The Betfair Cash Race is a promotion that operates at various times through the year, giving you the chance to earn extra money from your betting activity. Essentially, it’s Betfair’s version of supermarket loyalty promotions – the more you bet, the more points you gain and the more money you are likely to win.

The good news is that you get these points even if your bets don’t work out. For the summer of 2017 for example, the cash race meant you got points for each event you bet on and these were doubled for certain “Gold Plate” occasions including Wimbledon, the Goodwood Festival, the Galway races, The Open and Champions League Qualifiers.

You have a set date to meet your target for points and to win more cash prizes. You can keep track of your points tally online and it’s becoming a popular way for regular betters to earn money.

According to Betfair’s own statistics, 34,000 people opted into their spring 2017 cash race and they paid out half a million pounds in prizes.

 

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Who are Betfair?

Betfair Logo

They’re one of the most well-known betting companies in the UK and operate the largest online betting exchange in the world. Based in London and Dublin, the company had a turnover of some £400 million in 2014 and was founded in 2000 at the start of the dot.com boom. The company make several claims about their business including that they offer 20% better odds than traditional bookies.

 

How to Play Betfair Cash Race

Cash Race is a time limited betting event that runs at various times throughout the year, the most popular being spring and summer. You need to join up and log into the Betfair Exchange to take part – in other words you need to physically opt in if you want to play.  

  • – Once you have signed up, every time you place a bet, you’ll get loyalty points.
  • – You get these points even if you don’t win your bet.
  • – The more points you accumulate the more cash prizes you become eligible for.
  • – On some events, for example Wimbledon, you can get double points if you place a bet.
  • – You need to collect a set amount of points before you reach the end of the Cash Race.
  • – The website allows you to check your points tally and how far you are from winning a prize.

The points you get are calculated on the amount you bet and the commission rate. So, for example, if you place a £10 bet with a commission rate of 5% commission paid on winnings of £20 would be £1 and the number of points get will be 10. While you might not win the bet, you will get the points added to your tally if you have signed up for the Cash Race.

 

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Who Is It For?

 

Like other loyalty card type promotions, this works if you use the service on a regular basis and that’s what it aims to encourage. For those who only bet every once in a while or only on certain events, you probably won’t accrue enough points to claim the prizes. If you are a regular better, however, and want a chance to win extra cash prizes throughout the year, then the Cash Race makes more sense. You need, of course, to balance the amount you are betting with the amount you are likely to gain from getting points on the board.

The website makes it easy for punters to keep track of their points during any Cash Race and the option to earn double points on certain events can make a big difference. While much will depend on the amount you bet and how often you bet, there are obvious advantages here for Betfair regular customers.

 

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Today we have a fantastic offer for you, exclusive to Honest Betting Reviews.

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Order of St George Needs Strong Outing to Win Long Distance Cup

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Order of St George was unable to challenge Enable at the Prix de l’Arc de Triomphe, finishing off the pace of the bay filly in fourth place in Chantilly. The five-year-old has been in great form in the 2017 season and will be desperate to end the campaign in Europe on a high note.

Aidan O’Brien’s charge has the opportunity to win a major meet at the British Champions Long Distance Cup where he will aim to notch the 11th victory of his career. Order of St George is backed in the latest horse racing betting odds at 5/4 to win the race. He finished fourth in the event last season, but he has the ability to beat out reigning champion Sheikhzayedroad to take the crown.

The five-year-old was the leading contender for Long Distance Cup last season at Ascot. However, with Ryan Moore in the saddle, he put in an underwhelming outing and was not able to challenge for the title, finishing well off the pace of Sheikhzayedroad.

Order of St George began the 2017 campaign at Navan in the Vintage Crop Stakes. His reputation made him the leading contender for the meet, but Seamie Heffernan could not get the Irish horse into a strong enough rhythm to win the race, finishing behind Torcedor.

However, he bounced back with a fine performance at the Saval Beg Stakes at Leopardstown. Moore in the saddle timed the move of the bay colt to perfection, taking the lead two furlongs out before cantering down the final stretch to win by two-and-a-quarter lengths.

 

Big Orange got the best of Order of St George in their clash at Royal Ascot in the Gold Cup. O’Brien’s charge put in a fine performance, but was beaten out by the narrowest of margins by his rival to lose out on the crown. The five-year-old needed a response and a trip to Curragh brought out the best in his form as he won Irish St Leger Trial Stakes for the second year on the bounce.

O’Brien’s charge missed out on the Irish St. Leger crown in 2016 as he was beaten out by Wicklow Grove. On this occasion, the bay colt delivered a flawless performance to secure the victory by nine lengths ahead of his nearest rival. The victory sent him into Prix de l’Arc de Triomphe with momentum, and although he ran a decent race at Chantilly, no horse on the circuit could match the pace of Enable.

O’Brien will be desperate for the Irish horse to capitalise on his fine season by rounding out the year with a victory at Ascot. Two of his past conquerors are in the field, with Big Orange perhaps providing the biggest challenge given his success at the Gold Cup at Ascot earlier this year. Sheikhzayedroad won the race last season and will be aiming to join the elite company of two horses that have won the meet more than once.

Order of St George has the quality to defeat both of his rivals, but he will need to produce a dominant outing to secure the victory.

 

 

 

 

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“Sharbing” – How to Make Money from Betting Shops

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The name “sharbing” is a portmanteau of two words, “shop” and “arbing”, the latter being an abbreviation of the phrase “arbitrage betting.”

Essentially, sharbing refers to the tactic of placing a bet in a batting shop, and laying a matching bet online usually with a betting exchange such as Betfair.

So why would you want to do this?

Before we explain this, we will briefly review what arbitrage betting is all about and why it has become so popular with online betters. If you are already familiar with conventional online betting you can skip the next section and jump to the section heads Sharbing.

Arbitrage betting

Arbitrage betting is a betting strategy based on placing bets on all possible outcomes of an event in such a way that you can guarantee a profit whatever the outcome of the event. The term “arbitrage” comes from market trading; it is when you buy an asset on one market and simultaneously sell it on a different market at a higher price, making a guaranteed profit from the price difference.

In sports betting, discovering an opportunity for an arbitrage bet requires that you find different bookmakers offering different odds on the outcome of the event. You then bet different amounts with the two bookmakers. Here is a simple example. Consider a sport such as boxing with two possible outcomes – the red corner wins or the blue corner wins (we will ignore the possibility of a tie). The odds offered by two bookmakers are:

Bookmaker 1     1/4 (1.25) (Blue corner wins)                       3/1 (4.0) (Red corner wins)

Bookmaker 2     2/5 (1.4) (Blue corner wins)                         3/2 (2.5) (Red corner wins)

You now need to calculate how much you should bet to guarantee a win. There are various online calculators the will help you with this, but as an example: if you bet £100 on the red corner with bookmaker 1, then to maximise your profit you need to bet £100 x (4/1.4) = £286 on the blue corner with bookmaker 2.

Whatever the outcome, you will win £14.30. While that is only a return of 1.04%, it is guaranteed. Arbitrage bets usually involve many events, can become complicated and require that you bet a large amount for a small guaranteed return. But be warned, they can go wrong.

Note also that arbing is an excellent way of playing through sign up bonuses offered by online bookmakers. 

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Sharbing

As we have said, sharbing stands for shop arbing. It is most commonly used on football betting coupons. As the odds on these frequently change, often there is a lag between the odds offered on printed coupons and those offered online.

The first step is to get a printed coupon from the bookmakers. Next you compare the odds with those offered online seeking out sharbing opportunities.

Once you have identified an opportunity, you place your bet in the shop and as soon as you are able place the other bet online. While you could do this in the shop on your phone, doing so might alert the bookmaker to your sharbing activity and you might find your bets are cancelled; you might even be banned. There is nothing illegal about sharbing, but understandably it isn’t going to make you popular with the bookmakers. 

The problem with sharbing is that, although a win is guaranteed, the return us usually very low, typically 1% to 4% of your total stake. That means you should be prepared invest significant sums. Making such high bets regularly is likely to alert the bookmaker who may well limit (gub) your account or even refuse to accept your bets.

However, there are some great opportunities to use the techniques outlined in Accumulator Generator to make regular profits of up to £100-200 per month from sharbing. 

So if you thinking about doing some sharbing, we recommend you check that out – you can get a 14 day trial for just £1 here.