Diligent sports betting bankroll management can be the difference between winning sports bettors, and those who are destined to lose all their money.
Here's an example:
Let's say that you have £1,000 to gamble with in total in your sports betting account with a bookmaker, but cannot replenish this money if you lose.
Let’s say you were betting on an event with only two possible outcomes, and the bookmaker was offering 6/5 on outcome 1, and 1/2 on outcome 2 (this is a made up example).
Let’s say according to your value bet calculations, you thought …
When placing a bet with your bookmaker on a horse race, you may see each horse's form indicated. You can also see horse racing form in newspapers which carry race cards. What do the letters, numbers, and other characters mean?
They tell you how each horse has performed in their most recent races. This may help you decide how each horse will perform in the current race that you are thinking of betting on. The important thing to remember is that the rightmost entry is the most recent race, the 2nd entry from the right is the …
Forecasts, Tricasts, Reverse Forecasts, Reverse Tricasts - these bets involve picking horses that will finish in the top two or three positions, in a single horse race. These bets can be useful if the favourite (the horse usually most likely to finish 1st) has a low price. The winnings are usually worked out using the starting prices of the horses, using computer software.
Forecasts (Straight)
In horse racing betting, if you would like to predict which horse will win, and which will will be the runner-up (i.e. finish second), you can place a Forecast (known …
Full Cover Bets in horse racing betting, are bets consisting of all possible doubles, trebles, and fourfold and above accumulators (if appropriate) across a given number of selections. As long as at least two of your horses win, you will get something back (although this does not necessarily mean you will profit overall).
Trixie - Choose three horses you think will win (from three different horse races). Your bet consists of four separate bets (three doubles, and one treble). If you wish to include the 3 singles too (Trixie, plus 3 singles), the bet is …
Overround Explained: The odds offered by bookmakers are unlikely to correspond exactly to the actual probabilities of the outcomes in any market happening, as no bookmaker is likely to operate without trying to offset its costs (and trying to make a little something on top)! Bookmakers are likely to be taking money from lots of customers over the possible outcomes - they may try to guarantee themselves a profit regardless of the result. Bookmakers may start a market by working out the actual probabilities of the outcomes in a market occurring and then incorporating a …
