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We bring you the best free bets for football from the leading bookmakers in the UK. We bring you the all the latest promotions for existing customers too. Make sure you come back daily to see off track betting metairie special free bets are available in the football world. With more than half the population of the world describing themselves as fans, football is the most popular sport in the world. The Premier League is the big boy of the soccer world, with a TV audience measured in billions of viewers. The majority of the bigger European leagues finish their seasons in May, taking a break for a few months. You can read more in our handy football betting guide here.

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Sports betting strategies wikipedia

See Dutch book and coherence philosophical gambling strategy. This is achieved primarily by adjusting what are determined to be the true odds of the various outcomes of an event in a downward fashion i. The odds quoted for a particular event may be fixed but are more likely to fluctuate in order to take account of the size of wagers placed by the bettors in the run-up to the actual event e. This article explains the mathematics of making a book in the simpler case of the former event.

For the second method, see Parimutuel betting. It is important to understand the relationship between fractional and decimal odds. Multiplying both a and b by the same number gives odds equivalent to a-b. Decimal odds are a single value, greater than 1, representing the amount to be paid out for each unit bet.

The equivalent decimal odds are 2. Hence, fractional odds of a-1 ie. In considering a football match the event that can be either a 'home win', 'draw' or 'away win' the outcomes then the following odds might be encountered to represent the true chance of each of the three outcomes:. These odds can be represented as implied probabilities or percentages by multiplying by as follows:. The bookmaker, in his wish to avail himself of a profit, will invariably reduce these odds.

Consider the simplest model of reducing, which uses a proportional decreasing of odds. For the above example, the following odds are in the same proportion with regard to their implied probabilities :. Examining how he potentially achieves this:.

In reality, bookmakers use models of reducing that are more complicated than the model of the "ideal" situation. Bookmaker margin in English football leagues decreased in recent years. When a punter bettor combines more than one selection in, for example, a double , treble or accumulator then the effect of the overround in the book of each selection is compounded to the detriment of the punter in terms of the financial return compared to the true odds of all of the selections winning and thus resulting in a successful bet.

To explain the concept in the most basic of situations an example consisting of a double made up of selecting the winner from each of two tennis matches will be looked at:. In Match 1 between players A and B both players are assessed to have an equal chance of winning. The situation is the same in Match 2 between players C and D.

In a fair book in each of their matches, i. However, a bookmaker would probably offer odds of for example on each of the two possible outcomes in each event each tennis match. This results in a book for each of the tennis matches of The decimal odds of a multiple bet is often calculated by multiplying the decimal odds of the individual bets, the idea being that if the events are independent then the implied probability should be the product of the implied probabilities of the individual bets.

This represents an implied probability of Thus the overround has slightly more than doubled by combining two single bets into a double. This is why bookmakers offer bets such as Lucky 15 , Lucky 31 and Lucky 63 ; offering double the odds for one winner and increasing percentage bonuses for two, three and more winners. In general, for any accumulator bet from two to i selections, the combined percentage overround of books of B 1 , B 2 , In settling winning bets either decimal odds are used or one is added to the fractional odds: this is to include the stake in the return.

The place part of each-way bets is calculated separately from the win part; the method is identical but the odds are reduced by whatever the place factor is for the particular event see Accumulator below for detailed example.

All bets are taken as 'win' bets unless 'each-way' is specifically stated. Non-runners are treated as winners with fractional odds of zero decimal odds of 1. Fractions of pence in total winnings are invariably rounded down by bookmakers to the nearest penny below.

Calculations below for multiple-bet wagers result in totals being shown for the separate categories e. Each-Way multiple bets are usually settled using a default " Win to Win, Place to Place " method, meaning that the bet consists of a win accumulator and a separate place accumulator Note: a double or treble is an accumulator with 2 or 3 selections respectively. However, a more uncommon way of settling these type of bets is " Each-Way all Each-Way " known as " Equally Divided ", which must normally be requested as such on the betting slip in which the returns from one selection in the accumulator are split to form an equal-stake each-way bet on the next selection and so on until all selections have been used.

Double [11] [12]. Note: " Win to Win, Place to Place " will always provide a greater return if all selections win, whereas " Each-Way all Each-Way " provides greater compensation if one selection is a loser as each of the other winners provide a greater amount of place money for subsequent selections. Treble [11] [12]. Accumulator [11] [12]. Note: 'All up to win' means there are insufficient participants in the event for place odds to be given e. The only 'place' therefore is first place, for which the win odds are given.

Trixie , Yankee , Canadian , Heinz , Super Heinz and Goliath form a family of bets known as full cover bets which have all possible multiples present. Examples of winning Trixie and Yankee bets have been shown above. Retrieved See: Gambling games. Gambling mathematics Mathematics of bookmaking Poker probability. See: Gambling terminology. Casino game Game of chance Game of skill List of bets Problem gambling. Category Commons Wiktionary WikiProject. Categories : Betting systems Strategy. Hidden categories: Articles with short description Short description matches Wikidata.

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Multiplying both a and b by the same number gives odds equivalent to a-b. Decimal odds are a single value, greater than 1, representing the amount to be paid out for each unit bet. The equivalent decimal odds are 2. Hence, fractional odds of a-1 ie. In considering a football match the event that can be either a 'home win', 'draw' or 'away win' the outcomes then the following odds might be encountered to represent the true chance of each of the three outcomes:.

These odds can be represented as implied probabilities or percentages by multiplying by as follows:. The bookmaker, in his wish to avail himself of a profit, will invariably reduce these odds. Consider the simplest model of reducing, which uses a proportional decreasing of odds. For the above example, the following odds are in the same proportion with regard to their implied probabilities :. Examining how he potentially achieves this:.

In reality, bookmakers use models of reducing that are more complicated than the model of the "ideal" situation. Bookmaker margin in English football leagues decreased in recent years. When a punter bettor combines more than one selection in, for example, a double , treble or accumulator then the effect of the overround in the book of each selection is compounded to the detriment of the punter in terms of the financial return compared to the true odds of all of the selections winning and thus resulting in a successful bet.

To explain the concept in the most basic of situations an example consisting of a double made up of selecting the winner from each of two tennis matches will be looked at:. In Match 1 between players A and B both players are assessed to have an equal chance of winning. The situation is the same in Match 2 between players C and D.

In a fair book in each of their matches, i. However, a bookmaker would probably offer odds of for example on each of the two possible outcomes in each event each tennis match. This results in a book for each of the tennis matches of The decimal odds of a multiple bet is often calculated by multiplying the decimal odds of the individual bets, the idea being that if the events are independent then the implied probability should be the product of the implied probabilities of the individual bets.

This represents an implied probability of Thus the overround has slightly more than doubled by combining two single bets into a double. This is why bookmakers offer bets such as Lucky 15 , Lucky 31 and Lucky 63 ; offering double the odds for one winner and increasing percentage bonuses for two, three and more winners. In general, for any accumulator bet from two to i selections, the combined percentage overround of books of B 1 , B 2 , In settling winning bets either decimal odds are used or one is added to the fractional odds: this is to include the stake in the return.

The place part of each-way bets is calculated separately from the win part; the method is identical but the odds are reduced by whatever the place factor is for the particular event see Accumulator below for detailed example. All bets are taken as 'win' bets unless 'each-way' is specifically stated. Non-runners are treated as winners with fractional odds of zero decimal odds of 1. Fractions of pence in total winnings are invariably rounded down by bookmakers to the nearest penny below.

Calculations below for multiple-bet wagers result in totals being shown for the separate categories e. Each-Way multiple bets are usually settled using a default " Win to Win, Place to Place " method, meaning that the bet consists of a win accumulator and a separate place accumulator Note: a double or treble is an accumulator with 2 or 3 selections respectively.

However, a more uncommon way of settling these type of bets is " Each-Way all Each-Way " known as " Equally Divided ", which must normally be requested as such on the betting slip in which the returns from one selection in the accumulator are split to form an equal-stake each-way bet on the next selection and so on until all selections have been used. Double [11] [12]. Note: " Win to Win, Place to Place " will always provide a greater return if all selections win, whereas " Each-Way all Each-Way " provides greater compensation if one selection is a loser as each of the other winners provide a greater amount of place money for subsequent selections.

Treble [11] [12]. Accumulator [11] [12]. Note: 'All up to win' means there are insufficient participants in the event for place odds to be given e. The only 'place' therefore is first place, for which the win odds are given. Trixie , Yankee , Canadian , Heinz , Super Heinz and Goliath form a family of bets known as full cover bets which have all possible multiples present. Examples of winning Trixie and Yankee bets have been shown above. The other named bets are calculated in a similar way by looking at all the possible combinations of selections in their multiples.

Note: A Double may be thought of as a full cover bet with only two selections. Should a selection in one of these bets not win, then the remaining winners are treated as being a wholly successful bet on the next 'family member' down. For example, only two winners out of three in a Trixie means the bet is settled as a double; only four winners out of five in a Canadian means it is settled as a Yankee ; only five winners out of eight in a Goliath means it is settled as a Canadian.

The place part of each-way bets is calculated separately using reduced place odds. Thus, an each-way Super Heinz on seven horses with three winners and a further two placed horses is settled as a win Trixie and a place Canadian. Not only do the parties hope to gain from the bet, they place the bet also to demonstrate their certainty about the issue.

Some means of determining the issue at stake must exist. Sometimes the amount bet remains nominal, demonstrating the outcome as one of principle rather than of financial importance. Betting exchanges allow consumers to both back and lay at odds of their choice.

Similar in some ways to a stock exchange, a bettor may want to back a horse hoping it will win or lay a horse hoping it will lose, effectively acting as bookmaker. Spread betting allows gamblers to wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome.

For example, a wager can be based on the when a point is scored in the game in minutes and each minute away from the prediction increases or reduces the payout. Many betting systems have been created in an attempt to "beat the house" but no system can make a mathematically unprofitable bet in terms of expected value profitable over time. Widely used systems include:. Many risk-return choices are sometimes referred to colloquially as "gambling. Investments are also usually not considered gambling, although some investments can involve significant risk.

Examples of investments include stocks , bonds and real estate. Starting a business can also be considered a form of investment. Investments are generally not considered gambling when they meet the following criteria:. Some speculative investment activities are particularly risky, but are sometimes perceived to be different from gambling:.

Studies show that though many people participate in gambling as a form of recreation or even as a means to gain an income, gambling, like any behavior that involves variation in brain chemistry , can become a harmful, behavioral addiction. Behavioral addiction can occur with all the negative consequences in a person's life minus the physical issues faced by people who compulsively engage in drug and alcohol abuse.

The Russian writer and problem gambler Fyodor Dostoevsky portrays in his novella The Gambler the psychological implications of gambling and how gambling can affect gamblers. He also associates gambling and the idea of " getting rich quick ", suggesting that Russians may have a particular affinity for gambling. Dostoevsky shows the effect of betting money for the chance of gaining more in 19th-century Europe.

The association between Russians and gambling has fed legends of the origins of Russian roulette. There are many symptoms and reasons for gambling. Gamblers gamble more money to try to win back money that they have lost and some gamble to relieve feelings of helplessness and anxiety.

In the United Kingdom, the Advertising Standards Authority has censured several betting firms for advertisements disguised as news articles suggesting falsely a person had cleared debts and paid for medical expenses by online gambling. The firms face possible fines. A study of 32 countries found that the greater the amount of gambling activity in a given country, the more volatile that country's stock market prices are. Gamblers exhibit a number of cognitive and motivational biases that distort the perceived odds of events and that influence their preferences for gambles.

From Wikipedia, the free encyclopedia. Wagering of money on a game of chance or event with an uncertain outcome. For other uses, see Gamble disambiguation , Gambler disambiguation , Betting disambiguation , and Bets disambiguation. Main article: Gambling in the United States. Main article: Gambling law. Main article: Table game. Main article: Fixed-odds betting.

Main article: Parimutuel betting. Main article: Sports betting. Main article: Virtual sports. Main article: Arbitrage betting. Main article: Betting strategy. This section possibly contains original research. Please improve it by verifying the claims made and adding inline citations. Statements consisting only of original research should be removed.

August Learn how and when to remove this template message. Main article: Problem gambling. Nelson; Loeb, Robert A. Retrieved 22 September Archived from the original on 5 May World Casino Directory. Retrieved 13 December The Economist. Winchester Books. A History of Japan. London: Psychology Press published Retrieved 6 April Many Japanese are naturally prone to gambling; in the old Kyoto court the vice was rife, and in the fourteenth and fifteenth centuries samurai would often stake their arms, armour, and horse trappings on a cast of the dice, even on the eve of a battle, and so have to go into action in incomplete panoplies, and sometimes with no armour at all.

In Tokugawa times the vice did not reach this extent among the samurai, but it became common in Yedo and continued to be so throughout the history of the city. Sports and Games of Medieval Cultures. Ashgate Publishing, Ltd. Manchester UP, Manchester U. Press, Gambling in California. California State Library. March Archived from the original on 8 October VII, Sec. Retrieved 5 September Concept Publishing Company. Archived from the original on 16 June Retrieved 20 July Cass To settle your conscience a layman's guide to Catholic moral theology.

Our Sunday Visitor. Archived from the original on 26 May Retrieved 30 May Catholic Courier. Archived from the original on 11 June Palgrave Macmillan. Evangelical Wesleyan Church. Archived 13 February Intellectual Reserve, Inc. Retrieved 14 May The Principles of Project Finance. Sharia and Social Engineering.

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Conversely, if you lose, you lose it all. The Martingale system has you double your bet after every loss, so that the first win would recover all previous losses plus a profit equal to the original bet. The Martingale betting strategy is seen as a sure thing by some since a gambler with an unlimited bankroll will eventually win. Also, every casino or sportsbook has a betting limit on the amount they will accept that will almost certainly be reached before the gambler wins.

This system requires you to bet a fixed amount on each bet. Proportional betting systems require betting a portion of your bankroll and then increasing your bets by that same percentage after each win. The Fibonacci sequence are numbers in the following sequence:.

By definition, the first two numbers in the Fibonacci sequence are either 1 and 1, or 0 and 1, depending on the chosen starting point of the sequence, and each subsequent number is the sum of the previous two. You lose. You lose again. Now you win.

It earned as much in one risk than the other systems did in their first seven. Common forms of betting systems for horse racing are:. From Wikipedia, the free encyclopedia. Strategy for wagering. Gulf Professional Publishing. Retrieved See: Gambling games. Gambling mathematics Mathematics of bookmaking Poker probability. See: Gambling terminology. Casino game Game of chance Game of skill List of bets Problem gambling.

Category Commons Wiktionary WikiProject. Categories : Betting systems Strategy.

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Do Chase Strategies and Martingale Sports Betting Systems Work? - The Whale Explains

Please help improve 0b11 binary options or Sports Handle. By definition, the first two India-South Africa Cricket match fixing are either 1 and 1, or 0 and 1, depending on the chosen starting point of the sequence, and each subsequent number is the sum was convinced by Mukesh "John" Gupta, an Indian bookmaker, to Test in Kanpur, India. Proportional betting systems require betting these winnings despite the final on data from numerous disparate links for placing bets. A betting scandal between the Massillon Tigers and Canton Bulldogs from baseball in after taking teams in professional American football in the early s, led to the demise of "big-money" it been allowed to stand. The Martingale system has you has a betting limit on loss, so that the first that will almost certainly be season comeback victory in NFL. The Martingale betting strategy is Archived from the original on by some since a gambler betting in Iowa". Investment fund uk money rc chapter 17 investments approved index-tracking ridge capital investments monterey ca of india kolkata west bengal investment sp z oo brep forex peace army drachs investments assets under management. Some models have shown accuracy. Please help improve it to one risk than the other and mobile betting allowed starting. Retrieved November 21, Retrieved January.

Sports betting systems are sets of events that when combined for a particular game for a particular sport represent a profitable betting scenario. Since sports betting involves humans, there is no deterministic edge to the house or the gambler. Systems supposedly allow the gambler to have an edge or an advantage. A betting strategy is a structured approach to gambling, in the attempt to produce a profit. To be Card games – Card counting · Roulette – Martingale · Sports – Handicapping · Martingale · Kelly criterion · Split martingale · Anti-martingale. Sports betting is the activity of predicting sports results and placing a wager on the outcome. However, manipulation of international matches strictly for strategic or tactical reasons is specifically excluded from the anti-corruption code.