Betting Strategy & Psychology

A guide to hedging outright markets in sports betting

From the world of finances to casino games, hedging is a key strategy applied across the board by professional bettors as a means of reducing risk and securing winnings. Here’s how to use hedging in the outright sports betting markets to secure profits.

Calculating 1X2 odds’ margin in two simple steps

The margin a bookmaker applies on the betting odds is the number one information a bettor should know in order to increase long-term profits, with lower margins favoring the bettor and larger margins eating into betting profits. Here’s a simple guide on how to calculate margins on 1X2 odds.

Understanding the significance of market movement

Understanding the significance of market movement is a vital betting strategy for bettors who hope to predict the winner of a sporting event. By taking notice of the odds movement at Pinnacle, bettors are on the right track to becoming a successful bettor.

The need for a Bayesian approach in betting

Following the Copa America this year, Dominic Cortis became the witness to two stunning statistical events. During this tournament, Mexico broke two records. Read on to find out how these records were conflicting in nature and what that means for using statistics in betting.

Kelly Criterion: Determine how much you should bet

Bettors should always look for a mathematical edge rather than rely on their impulses. Learning how to use the Kelly Criterion, for example, is a great way for bettors to determine how much they should stake.