How To Mathematically Verify Betting Strategy Results
In sports betting, success often hinges on navigating the fine line between chance and skill. So how do you know if your strategy is working? This detailed analysis of 317 …
In sports betting, success often hinges on navigating the fine line between chance and skill. So how do you know if your strategy is working? This detailed analysis of 317 …
A “Mug Bet” is a term used to describe a bet that is seen as unfavourable or unwise, often placed by an inexperienced or casual bettor, also known as a …
The ‘Strike Rate’ is a term used to quantify, in terms of frequency, the amount a system, tipster or bettor wins. Here’s everything you need to know about Strike Rates …
Are you trying to predict football matches? It’s pretty hard, right? Analysing statistics is a great starting point, but football, more than most other sports, is influenced by numerous factors …
Extreme weather can wreak havoc on race days, creating a slew of challenges and potential setbacks for all involved. However, even in less severe conditions, weather can serve as a …
In sports betting, “sample size” refers to the volume of data used for analysis. Drawing conclusions from a small and insignificant sample may provide short-term insights, but it fails to …
As we explore the landscape of football betting for the new season, two key questions arise: How can we compare new and established teams? And how can we keep our …
Predicting the outcome of football matches and making profitable bets is immensely difficult even for the most experienced bettors. The world of football is rife with uncertainty, noise, and numerous …
Are you attempting to create your own successful betting strategy? Be prepared to overcome various obstacles that can impede your progress and decrease your chances of success. While there is …
I had the opportunity to contribute to the Trademate Sports ‘Industry Experts’ blog series, where I tackled a crucial issue that plagues many sports bettors: how do you distinguish between …
One key concept in sports trading is the Weight of Money (WoM), which refers to the balance in the amount of money being traded on a particular market. The Weight …
Sports betting has its ups and downs, so it’s important to understand the concept of variance and how it can affect your results. Variance refers to the degree of uncertainty …
Football is a game where all goals are valued equally at 1, but not all attempts on goal are equally likely to result in a goal. Basic statistics like ‘shots …
A gut feeling is a reflection of your intuition and is usually based on past experiences and knowledge. However, it’s not a reliable source of information, and hence should not …
The term “hindsight bias” refers to the tendency of viewing past events as more predictable than they really were. For example, many sports believe that they knew the outcome of …
Some horse racing bettors take a keen interest in the pedigree of horses as this can provide an insight to likely race winners. Most often these bettors are looking to …
Casual sports bettors enjoy the heightened level of excitement that comes with placing wagers on their favourite sporting events. But what chance of success do they really have? What statistical …
Luck plays a huge part in sport. But there’s only so far good fortune will carry a football team over the long-run. In time, weak teams will be found out …
I’ve written several posts that encourage readers to analyse past data in order to identify trends (see?football prediction models). Data analysis is, of course, a fundamental skill if you’re looking …