Betting Strategy & Psychology

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.

The Gambler's Fallacy & law of large numbers

The Law of Large Numbers was established in the 17th century by Jacob Bernoulli showing that the larger the sample of an event - like a coin toss - the more likely it is to represent its true probability. Bettors still struggle with this idea 400 years on which is why it has become known as the Gambler’s Fallacy. Find out why this mistake can be so costly.

Soccer handicap betting explained

Find out the meaning of soccer handicap betting, how it works and the different types of soccer handicap betting markets available at Pinnacle, where handicap betting is our speciality.