BETTING INFORMATION

The betting industry has been growing dramatically these days. With so many new regions and countries across the world entering the legal market for sports bets more and more players can now join the bookie of their dreams. But the sports betting platform has been modified on a regular basis, too! Mainly, the companies are driven by their...

We respect that everyone has to start somewhere, this guide is intended for punters that are starting to learn the game. Depending on demographics , you are likely to be confronted by three types of odds format, they are UK (fraction) European (Decimal) and American (remember the number 100), let's understand them: UK : Despite being...

Once placed on the bookmakers' sites, odds are constantly changed and there is a number of objective reasons for this. Usually, bookmakers show the lines for an event few days before it. This time varies depending on the various sports and leagues. If the sport and the teams are not very popular, then it is possible that the odds are shown...

Unless you've been living under a rock for the last few years you will no doubt have heard of all these new digital currencies floating around, with Bitcoin being by far the most popular. Using bitcoin has allowed users in black/grey market to place bets online using various sportsbook. This article will walk you through how to deposit funds...

There aren't many punters that bet in the tens of thousands of pounds on every wager, but for those few, it's very hard to find a high stakes online bookmaker that would accommodate them. The risk the bookmakers take when they allow players to place bets in the 5- or 6-digit numbers is enormous and most bookies have simply decided not to...

When a bookmaker sets the odds for a market they first estimate the probability of each possible outcome. For example, in a market on a coin toss winner, the bookmaker will assume the probability of Team X winning is 50%. When using decimal odds, the fair odds for the wager equal the reciprocal of the bookmaker's estimated probability, in this...

Bookmaker's profit indicator shows how much the bookmaker receives in stakes whenever he makes a payment of $1. If odds[1] is the (European) odds for a home win, the payout from a $1 bet, then 1/odds[1] is the bookmakers price for a payout of $1 in case of a victory for the home team. The price for paying out $1 irrespective of the outcome of...

Opening an account with an online bookmaker, depositing and betting is quite easy and straightforward process, but things get a bit more complex when it’s time to withdraw your winnings. The identity verification process, which is required by virtually all online bookmakers, is often something beginner bettors are unfamiliar with and it may be...

You go to the supermarket and buy ten items. When you get home you decide you don’t like one of the items, so the next day you return to the store and ask for a refund. It’s probably fair to expect a full reimbursement, so what would happen if the employee said i and only give you €7 for what cost €10. The chances are you would go ballistic, or...

Arbitrage friendly bookmakers are all sharp bookmakers, betting exchanges and almost all Asian bookmakers . They will never limit you or close your account for betting on sport arbs. Exactly the opposite - their odds margin is lower than soft bookies and they welcome arbitrage bettors. Examples for arb friendly bookies are: Pinnacle, 188bet,...