Bet On Soccer – What Are the Advantages of Using Betting Exchanges?
Betting exchanges operate by matching back bettors (those “backing” a team to win) with lay bettors (those “laying” a bet that a team will lose) directly, removing the bookmaker from the equation altogether. The lay bettor essentially becomes the bookmaker by setting the odds and making the offer, and back bettors that like the bet take it directly through the exchange. This revolution in betting has led to many advantages over using traditional bookmakers for a skilled punter.
The primary advantage to the lay bettor is the opportunity to set his own odds using his own calculations as opposed to those formulated by traditional bookies. The odds set by traditional bookmakers take into account their need to make a certain amount of money to pay for their overhead expenses (their brick-and-mortar buildings, licenses, advertising, and so on). On exchanges, the lay bettor usually does not have all the overhead expenses of a traditional bookmaker; this means that he can set better odds and therefore is more likely to attract back betters. The exchange operators make their money by taking a commission on all winning bets, so they do not care which side wins any particular bet, similar to a properly balanced high street bookmaker.
Likewise, the primary advantage to the back bettor is also the improved odds. The same factors that allow the lay bettor to give better odds also make exchanges more enticing for traditional back bettors. Further, betting exchanges also present the opportunity to take advantage of amateur lay bettors. Anyone that can participate in an exchange can become a lay bettor; however, the actual process of calculating odds can be a tricky one and all lay bettors are under pressure to make their offers more attractive in order to attract a matching back bettor. These factors – the lack of expertise with calculating odds and the pressure to offer generous odds – can lead to overzealous amateurs making bad lay bets that the clever back bettor can use to his advantage.
Beyond the primary advantage of better odds, another major advantage is the option of offsetting your bets if circumstances change. Since the punter has the option of playing both sides of the bookmaking process if he decides that an earlier bet is not as sound as he originally thought, he can offset it to guarantee that he at least breaks even. For example, a person bets £10 on team XYZ to win (a back bet) at three to one odds. However, on the day before the match XYZ’s star striker injures himself thereby seriously changing the odds. The bettor can offset his back bet by placing a lay bet of £10 against XYZ winning. If XYZ wins, the punter gets £30 on his first bet and loses £30 on his second, breaking even. If XYZ loses, the first bet loses £10, but the second bet wins £10, again breaking even. What would have been a loss is now a push and no money has been lost. Further, a shrewd punter can work out ways of betting on both sides that give a 50-50 chance of winning money against the alternative of merely breaking even.
Bet exchanges offer a wide range of opportunities to the skilled punter that did not exist before. By signing up with an exchange, carefully reading all the rules, and learning how to use all the features, a whole new world of soccer betting can be opened to the skilled punter.
European Bet On Football – Enjoying the Beautiful Game and Earning Loads of Cash
European Football Betting Tips may be considered “dirty” for some people. This is because betting on European football, or any sport, or just betting in general, has been long connected to immoral behavior and seedy, shady business. As with any other activity, though, sport betting has its pros and cons, the most obvious pro being large cash earnings with minimal effort. Sports betting has become so lucrative that a good number of people has actually made it their main source of income. Soccer betting has been made more exciting due to the fact that soccer is the world’s favorite sport, and when a league in one country is in its off season, you can always look for another league somewhere else in the world that is currently playing. If you’re considering this to have a very good income generating potential, then, here is some European football betting tips for you to take note of. A combination of statistics, experiences along the way and continuous practice are keys to making it big.
You can handle soccer in two ways: subjectively or objectively. a list of European football betting tips will not be complete without differentiating these two. The main tool for objective analysis of soccer is the use of statistics. When determining your picks, statistics are fundamental and using them will eventually spell the difference between winning big, winning small, or losing big or small. Through statistics, you can make conclusions that may be the same or different as the odds maker’s. However, take not that it is always to the advantage of the bookmaker’s. Subjective factors such as team favorites, previous experience with betting on a team, handicapping players or teams can also affect the bettor’s judgment when he is about to make a bet. In subjective betting, it is important that the bettor knows when to observe, give it all, or hold back before betting again. It is also important to observe trends among bets. If a trend proves to be too popular, then the linesman will adjust the line, leaving bettors scrambling for very small winnings. Trends that are getting stronger and weaker should be taken into consideration by someone who observes trends.
With these European football betting tips, one of the most important things to take into consideration would be managing your bankroll. Make sure that with the amount of money you bet, you should still have a budget for bills, groceries, and other emergencies. For beginners it is essential to only keep 5% of your spendable income on betting and not go to the excess. At the start, limit your betting to three matches a day at the most. This limit allows you to test the waters in terms of how much you lose and if you can handle such a loss. Also, by limiting you number of bets, it is easier to gauge how many winning and losing bets you made, which in turn makes it easier to keep track of your bankroll growth. Once you think you have gained more experience, it may be the time that you can increase the number of matches that you can bet on. Lastly, minimal matches allow you to really analyze the results of the matches you place bets on. That way, you can sharpen your skills in both subjectively and objectively analyzing soccer matches, improving your chances of making good bets the next time. Remember that success in this business requires continuous learning. It is never too late to discover something new in this trade.
Betting On Football – Learning the Tricks of the Trade
Any newbie in the field of betting in football games need a football betting guide. Here we will discuss the basic rules of football betting so you know what you are betting on and you know how much you are going to win. This will save you the frustration if you bet and win less than what you were expecting.
The first thing you need to learn as part of our football betting guide is the straight bet. The common odds on football are 1.10 against 1. In terms of money, you will win 100 dollars for betting 110. And here we are just talking about betting for favorites, not on underdogs. Also, the straight bet means you need to win in terms of the given point spread. This means the winning team that you bet on must win a significant number of points over the losing team as indicated by the point spread. If the point spread is 6 points, then the winning team must win 6 points greater than the points of the losing team. If this condition is not met, then the bets are cancelled, called “no action”, and the bets are returned to the bettors.
The second football betting guide you need to understand is the over and under rule. The goal is to guess the final combined score of the team and wager on it. If you agreed that the over/under score is 45, then the over bettors will win if the combined score of both teams are over 45. If the combined score is less than 45, then the under bettors win the wager. If the combined score is just 45, then the bets are all cancelled.
There is a lot more football betting guide and tricks that you can learn. All you need to do is to read along and practice and ask your friends or your sports books or bookies to teach you how.
Bet On Football Advice – Top Two Things to Remember
The things that a gambler needs to know are the things that will help him become a wise bettor, not a loser. From time to time, you will lose several bets because that simply is life. You cannot win all the time. However, your lost will be compensated if you know very well that you made an intellectual bet, not a bet on intuition that cannot be backed up of facts. This is the reason you need football betting advice and you also need to apply it.
First off, you should not place a bet for an amount that is more than what you can afford. As the saying goes, never bet what you cannot afford to lose. This is the most important rule of all and this is also the most easy to understand football betting advice. However, this is also the most difficult to follow. Many people who gamble cannot resist the urge to bet and win more. Gamblers who are in a losing streak are also susceptible to betting more because they want to win back what they lost. Before you bet, you need to set a specific amount of money that you can lose. Once you are in a losing streak, do not attempt to win it back. You should try it again next time.
Another football betting advice that is worth mentioning is that you should not be too clever. Many gamblers believe that they have already learned so much in gambling that they are so confident in betting on more complicated betting systems. There is a reason betting is made complicated. This reason is for you to lose. Unless you really understand what you are betting on, do not place the bet. A football betting advice will only remain an advice. Unless you use it, you are likely to lose your money and let it go down the drain.
Bet On Football – America’s Favorite Sport
Football is America’s favorite sport these days, so it should come as no surprise that wagering on football is the most common sport betting activity on the continent. Games in the National Football League, the minor leagues, college, and even some high school games will attract thousands of bettors each week. In this article, we are going to take a lok at some fundamentals when it comes to betting on any football game.
What kind of bet can you make?
The most popular type of sports bet made on football games is the spread bet. Spread bets include an underdog and a favorite, and a certain amount of points a team must win or lose by in order for the bettor to collect. They look like this:
Chicago Bears -10.5 (-150)
New England Patriots (180)
Whether you are betting the money line (which we will get to in a second) or the spread, the team with a negative sign near it is always the favorite. Being the favorite means that the most people are placing bets on this team, which may or may not indicate their chances of winning. So, in the above scenario, the Bears are the favored team (haha!). This spread also indicates the amount of money wagered in order to win. Every bet of $150 on the Bears will collect $100 if the Bears beat the spread. Betting on the Patriots, on the other hand, means that you stand to gain $180 for every $100 that you bet.
The spread is favored in football because it carries an extra element of security. That security is represented by the -10.5 figure. This means that in order for people to collect on wagers placed on the Bears, Chicago must win by at least 11 points. If they only win by 9, those betting on the Patriots will win the bet (which means that underdog bets will still win, even if the underdog team actually loses). That extra .5 of a point is added so that there is no “push”, or tie, on the bets.
The second most popular type of sports betting action when it comes to football betting is wagering on the money line. This is your standard bet, where money is placed on one team to win. Money lines are expressed much the same as spreads, but without the points indicator. Generally, money lines cost more money to bet on the favorite in order to win $100 because a victory is easier to predict than a difference in points.
Other types of wagers in football betting:
There are quite a few different types of sports betting wager placed on football games, which can add some spice to your betting life. Over/under bets are placed according to the total amount of points both teams will score in a game. For example, a sports book might place the combined total score of a football game at 55. Bettors would then decide whether they thought the combined score would be over or under that total, and place wagers accordingly.
Futures, totals, squares, and parlays are all also popular in football betting.
How to bet on football games:
Keep in mind, when betting on football, that most sports bettors will win less than 50% of the time. This is because the sports books really know what they are doing, and play with the odds continuously and successfully.
However, a little bit of knowledge can go a long way in helping out one’s football betting record. There are services which can be of great assistance to those interested in all manner of sports betting, football betting included. Sports information lines in particular can assist bettors when it comes to finding good value bets and up to date information about the team they might want to bet on.
Bet on Football With Football Betting Champ
Do you bet on football and do you want to make a great living at it? Sure you do, who doesn’t. Everyone wants to make good money without having to slave away as part of a 9 to 5 job. Why work your butt off for barely any money, when you can make football betting your income?
Well, with the Death of Football Betting, you can make it happen. In fact, don’t even think about betting on football until you have watched the video and free expert analysis report provided by Mr. X.
With Mr. X, you will learn that football is one of the most difficult sports to make a profit from. The reason for this is that the betting market in football is very competitively priced by the bookmakers who dominate the market. That doesn’t mean you can’t make money though. Mr. X has pulled in over $500,000 with the football betting market and he is ready to show you how.
With the video, you will learn who Mr. X is and why you need to listen to what he is going to tell you. You will also learn the mistakes people make when betting on football, how to fix those mistakes and the techniques you need to make a profit on football throughout the year.
Mr. X will also show you video evidence of the $500,000 accounts and the money that has gone into him because of his amazing betting techniques, which he will outline to you in his expert analysis video, PDF manual and audio report.
Why would you allow yourself to bet on something that you didn’t have a technique for. With Mr. X, you will learn a technique and you will learn how to make yourself successful when you bet on football. No longer will you slave away at a 9 to 5 job while those around you make more than you and do less work. You can make betting on the football games your business and with Mr. X helping you, business is always good.
Don’t delay and contact Mr. X today to find out who he is and how he is going to help you make big profits and big money in a short amount of time with his amazing techniques. Don’t let the bookmakers take you for a ride and find the right technique today.
Football Betting Online – Learn to Predict the Game Accurately!
The best way for bettors to foresee the results of the game accurately is by football betting spreads. If you are already experienced when it comes to betting, you will know that there are two general kinds of bets that can be made. The first type is the Fixed Odds or Money Line. In this kind of bet, the money gambled will be specifically placed on a team for them to win the game. The disadvantage with this kind of bet is that sports books do not make lots of money with this kind. This is because it makes it so easy for fans of a specific sports like for football for instance to know the players and the odds of a team winning. Most of the time, these fans are right on. So, to be able to give some steadiness to the sports books, they use what is called the points spread.
The football betting spreads as mentioned before makes it easier for bettors to foresee the game results accurately. How is this done, you may ask? The bettor will simply choose the team who will be able to beat the spread. This works better rather than just making guesses based on research on who will win or lose the game. To be able to beat the spread, the team who was chosen should be able to have total points and spread points that will be higher than that of the total points of the opponent team. If that definition did not seem clear to you, here is a specific example:
You do have to understand that points spread betting gets the most attention out of all the betting techniques. In this kind, the scores are most likely to be higher than the usual and the point value as well. For example in a professional football league, the score was:
• New York -3.5
• Washington +3.5
In this situational example, Washington is the runner up. Betting on the Washington team, you will be getting the points as indicated by the plus sign. In case at the end of the game, the Washington team will lose, you could still win your bet. How can you still win if your team lost? If you have used the point spread betting, you will know for a fact that if your team only lost by less than three points or equal to that, you can still win. Another way to win is if the game was tied or obviously, if your team have won.
You might notice that there are half points used in football betting spreads. This just makes the betting a little more exciting because you put more knowledge into it than merely relying on pure luck. By putting half points, it also decreases the chance of having a tied game. In a time game, all the bets are returned to the ones who placed bets. Choose betting spreads for this is the more popular one in terms of betting and this also has a higher amount of winnings than other types of betting.
Online Betting on Football – A Brief Introduction
There is hardly anyone in this world of football fans that never placed a bet on the outcome of a match. Forecasting the outcome of a Football match has become a past-time of fans all over the world and it is a good way for a lot of these investors to make a lot of money betting on football matches.
The last sentence seems a bit strange, isn’t it? I am talking about investing money, but I did not mention about gambling here!! Well.. Yes and no will be my answer! Gambling is something whereby you have no influence on the outcome of your bet, but in football you do influence it by picking a team that has the best chance to win the game. This makes it a pass time in which you choose your chances instead of pure gambling.
Every sports book takes enormous amount of bets every single week on football matches. This is because it is an exciting way to support a team or maybe even bet against a team you don’t like. And what about proving your right guess with that insider knowledge about the players?
This is a kind of simple but greater satisfaction to see your guess come true, on the bets. Update yourself with the information about injuries to vital players and of course the schedules, as this might provide an implicit knowledge that less number of players will be played on the match. Which team is hot? And which team is not? You might want to place a bet to proof your point! Learn more tips by logging on to the site given in my resource box.
Betting System Reports provide you a wonderful opportunity to learn more about online sports betting and they give you a guaranteed picks from many of the latest betting guides & tips.
Football (Soccer) Betting Online Tip – No Value No Bet
Value hunting is universal. It is applicable to both life and business. And it should apply to football betting as well. Many punters fail to appreciate the significance of value betting. This is the most important BUT also the most misunderstood concept in football betting. Value is the real key to making profit in the long run.
WHAT IS VALUE
Simply, value is found when you can obtain an object for less than what it is actually worth. The following illustration will clearly explain this.
You are an antique enthusiast and you are browsing around an antiques shop. You notice a nice old vase on offer for $100. You know you could resell the vase for at least $120. This means there is VALUE in buying the vase. The key here is your KNOWLEDGE that the vase is actually worth $120.
However, if you buy the vase with the intention to sell it but WITHOUT KNOWLEDGE how much you could sell the vase for, then this is not a wise purchase and it is not a value buy.
The same principle applies to football betting. In sports, the true value of the outcome of a match is expressed by the probability of that outcome happening. If you can get a price which is HIGHER than the one indicated by the probability, then you have found value.
So, the prices (or odds) offered by the bookmakers are related to the probability of that outcome happening. Now, how do we determine whether the odds are of value?
PRICES (OR ODDS)
Fair prices (or odds) are set if the result is expected to be a 50/50 situation.
Let’s take the example of the flipping of a coin. As there are two sides of the coin, the chances of heads and tails are 50% each. The formula to calculate the odds in such a 50/50 situation is 100 / 50 = 2. Therefore, odds of 2 are called FAIR ODDS.
So, if we are betting on coin-throws, when the price offered is lower than 2, then it has no value because we will definitely lose. However, if the price is higher than 2, say 2.10, it means the probability for the win is 5% higher (2.10/2.00). This is value.
HOW TO CALCULATE IF A BET HAS VALUE
Before we know how to find value, we must first understand how to calculate probability and value.
Probability Calculation
The formula is:
Probability = 1 / 0dds
So, if an event is offered at 2.50, then it has a probability of
1 / 2.5 = 40% chance of happening ACCORDING TO THE BOOKMAKER.
If you estimate the ‘true’ chance is greater than 40%, then you have found value.
Value Calculation
The formula is:
Odds x Percentage / 100 > 1.0 (The figure must be greater than 1.0 to have value)
In the above example, if you estimate the percentage to be 50%, the value calculation will be :
2.50 x 50 / 100 = 1.25 (This is value as the figure is greater than 1.0)
HOW TO FIND VALUE
The keys to value punting are:
* How accurate you can estimate the winning percentage of the outcome.
* Getting the best odds for that event.
Calculating the winning chance is not an easy task. Finding value is 100% subjective. One may deem odds of 1.20 is value but another may disagree. Some punters feel that for odds of 1.20, the event must have a probability chance of at least 83% because they have to win five out of six such 1.20 events to be in profit.
So, finding value odds is very individualistic. Sometimes, odds of 1.50 represents value. Sometimes, even 15.00 is not worth the shot.
After researching the usual selection criteria, shortlist your betting targets. Then create your own estimations on the percentage of Home win, a draw or Away win. No strategy is set in stone. You have to try out various methods and over time, you will realise how certain factors will influence the outcome more than others.
Time, experience and practice are essential in ‘perfecting’ your methods.
CONCLUSION
If one of your value bet loses, it does not mean the bet does not have value. A punter must learn to accept that not all bets can be winning bets. The decisive factor is to find value in your picks. Of course, the more the number of value bets, the higher the profit you can achieve.
Stanley Ong is a Chartered Accountant with extensive experience in football betting. Football has been his passion since young.
Online Betting on Football – Advantages and Disadvantages
Betting on football has its charm and many people make a living out of it. While having a lot of advantages, betting on football games hides some significant risks as well. In the following lines we will try to go through the main pros and cons of football betting.
Advantages of football betting.
1. Profits are tax free. Winnings of your bet can be 100% tax free if you use spread betting system. Otherwise you will have to pay Capital Gains Tax.
2. Low investment. You can gain a fortune if you place correct bets on even a single football game. So bottom line is that you get huge profits with minimum investment.
3. Save the broker commissions. In most cases betting on football games using the spread betting system can save you the broker’s commissions.
4. Free betting on football is often available especially online. This is a convenient way to learn and get accustomed to betting if you are new to it.
Disadvantages of football betting.
1. A serious disadvantage of betting on football is that you can easily spend more than you can afford. Many people make this mistake simply because they didn’t do the calculations right or just because they hope to win and put all their money on a single bet. It is of utmost importance to know that in some occasions you can loose more than your initial bet.
2. Betting on football as well as on any other game is time consuming task. To make yourself successful you need to dedicate a lot of your time in researching your team as well as all of the teams they will play against. Failing to do this can result in huge losses over time.
3. It is natural that most of the people who are into betting will deny it but the reality shows that once you start you will want more of it. Since you cannot always win, be prepared to lose in a smart way. This is easily achieved if you learn to bet safely and allocate a specific amount of money you will use for betting for a specific period of time. Also it is good to devise some rules for the money you will win from betting. It is wise to use part of them to bet again and another part for your general needs.
