Strategy & Statistics

<p>Dan is a professional engineer and part-time sports betting analyst. He has previously written several articles on hedging and bankroll management and is the author of the book <em>But How Much Did You Lose?</em> which looks at ways that bettors can use risk management to optimize their expected bankroll growth and increase their bankroll more quickly.</p>

How do you know how much a bet is worth after you’ve made it? Understanding the Cost of Variance can lead to you becoming a more profitable bettor in the long term. Read on to find out more.

Placing a bet: The Cost of Variance

For many years, there has been a debate about how to figure out the true odds of an event simply by examining the market price. This article looks at why the favourite-longshot bias is not a bias. Read on to find out more.

Why the favourite-longshot bias is not a bias

When recreational sportsbooks offer you risk-free bets, how do you best profit from them? Should you simply maximise your expected value? Read on to find out.

Risk-Free Bet Strategies for New Bettors

Once a bettor decides to place a bet on a market, what’s the best way to decide how much to stake on it? There are several methods that are commonly used, but which one is optimal?
Or is there another way? Read on to find out.

Developing the Root-Unit staking method

Dan Abrams breaks down the potential value for players who are looking at heavily favored prop bets.

The Earth Is Not Flat: Ryan vs. The Maniac

Shane Donnelly

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