Advantage gambling is the act of seeking some kind of advantage over a bookmaker or a gaming site. It is also known as advantage play (AP).
In this post I'll be looking at how AP ties in with expected value theory and the law of large numbers to help us profit.
An Advantage Gambling Intro
Advantage gambling actually has its roots in the bricks and mortar casino business.
Hollywood has glamourised techniques like "card counting" and "shuffle tracking" in movies for years. But these days advantage gambling has evolved from casino table games.
The age of the internet has gifted us with many more advantage bet opportunities.
These techniques are not illegal... But gaming establishments do frown upon them.
Casinos and bookmakers rely on the house edge (or vig) built into their games and odds to turn a profit.
They don't like it when players are able to flip this advantage on its head and have the last laugh at their expense.Continue Reading
Explaining sports arbitrage betting can sometimes be a challenge. This I’m sure is down to a number of reasons ranging from general misunderstandings of how bookmakers and betting exchanges function, to the fact that low risk betting solutions always seems too novel an idea to ever be believed.
Either way, for someone interested in arbitrage betting to walk away with an unclear vision of how it works would be a crying shame, as the underlying mechanics of this system can open the floodgates to a whole world of profit turning opportunity.
In this post, I’m going to do my best to explain everything you need know about low/no risk betting through sports arbitrage. Come the end you will appreciate its uses and understand why over the years it has become such a popular betting strategy for small, consistent gains. [Read more…]
If you’re search for arbitrage betting tips then this post should quell your thirst. I’ll especially be looking at the process for finding surebets manually, using software to do it for you, whilst also diving a little further into my thoughts on arbitrage betting as a whole.
But before we go any further, make sure you are clued up on the the fundamentals of arbitrage bets which generally exist in two forms: back and lay betting between a bookmaker and betting exchange, or ‘Dutching’ bets across multiple bookmakers.
I have always had a preference for back and lay betting instead of dutching for the simple reason that these bets are easier to find and calculate. [Read more…]
If you’re looking for a matched betting calculator with a super-handy matched betting spreadsheet to record all your betting activity then you’re in the right place. This intuitive matched betting tool will have you solving how to work out a bet in no time at all.
Matched Betting Explained
Now that you are this far down the road I will assume you already have a strong and thorough understanding of matched betting already having read something like my matched betting guide.
This is important! A matched betting calculator and matched betting spreadsheet will do all the heavy lifting in determining appropriate bet sizes, lay stakes, and helping you track your progress, but you still need to have a good idea of how these calculations are coming to pass and how you should be utilising them.
Suffice to say – no risk matched betting only works if you understand what you are doing.
Making mistakes at some point down the long road ahead is perhaps inevitable, but you need to minimise this possibility as much as you can as one mistake can sometimes unravel a good few days of progress. [Read more…]
If you’re hunting for a matched betting forum then you’ve probably already surpassed the stage of asking ‘How Does Matched Betting Work?’ and are instead looking for a community of like-minded individuals who you can discuss this intuitive betting strategy with and share matched betting tips with.
Let’s face it. Matched betting as a lone ranger can be a bit depressing.
Nobody around you gets it. Nobody understands what you are doing. Many of your friends think you’re a gambling addict who is on the path to financial ruin and your ‘lucky streak’ will will turn into an unlucky slide soon.
I’ve lost count of the amount of times I’ve interacted with offline friends about matched betting, only to be rewarded with disbelieving looks and pity!
Yes – like it was a bad thing that I’m banking thousands of pounds extra each year, tax-free, for relatively little work. [Read more…]