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Betting Strategy & Psychology
For disciples of rational choice theory the business of gambling presents a headache. Supposedly individuals always make rational decisions by trying to maximise their advantage whilst minimising their losses. You wouldn’t pay €1,000 for a holiday if you thought it was worth only €500. If a bet has an expected value of zero or lower, why do gamblers strike them? Read on to find out.
Understanding basic bet types is vital for any punter to maximise their opportunity of making a profit. This article explains three basic bet types offered by Pinnacle; 1X2, Handicap and Totals. Continue reading to learn more about the different basic bet types.
To be profitable in the betting markets, a bettor needs two things: an edge over the bookmaker and a well-disciplined staking method. In this article, Joseph Buchdahl calculates the profitability and chances of bankruptcy for five different staking methods. Read on to find out which staking method is best for you based on your betting profile.
It might be obvious to say that soccer teams struggle with the jump in quality after winning promotion. However, being able to quantify those struggles could be beneficial to bettors. Analysing newly promoted teams’ results against “better quality” teams in a higher division could highlight odds discrepancies and provide a valuable betting opportunity. Read on to find out more.
If you are trying to learn how to make money in sports betting, you will sooner or later come across the term betting psychology. Can your mindset directly affect your profits? What are the most common mistakes and how can you avoid them? Are you in control of your actions or are they in control of you? Read on for a crash course in betting psychology.
- Betting Psychology