Online Betting

How to Pick the Right Online Betting Sites

Picking the Right Online Betting Sites

There are two common types of bettors: recreational bettors and professional bettors. Recreational bettors are those who view sports betting for fun while professional bettors view it as a career or a way to earn a living.

Although both may vary when it comes to their purpose in sports betting, the two bettors have one thing in common, and that is both want to be able to place their bet on the right betting sites.

sports games betting

Courtesy of Sites UK Betting

When it comes to sports trading, API is also considered to be a huge factor in making it successful. This functionality helps traders execute the trade automatically and, at the same time, makes it convenient for bettors since it extracts data on a regular basis and offers it in real-time.

 

API Trading

Courtesy of tradeix

As shown by the figure, APIs contribute a lot when it comes to financing, that’s why there are many betting websites combined with sports API. It’s advantages include:

  • Speed – Sports trading requires different patterns. So, APIs help gets data fast whenever needed. This helps them place their bets without any hitch.
  • Accuracy – There won’t be any human error because data is not retrieved or executed manually.
  • Data Management – Compilation and analysis of data requires a lot of time since it can be complicated. With API, sports traders can filter out what they need.
  • Real-Time – With APIs, you can have real-time access. You can browse a lot of exchange markets and real market prices easily.

Those are just some of the factors which make for the best sports API betting websites. So, be it for recreation or profit, sports trading APIs are the future of betting activities.

Do you want to pursue a professional betting career? Here are some articles you can read:

If that is not enough for you, register today and learn more!

 

betting strategy

60% Profit Betting Strategy Explained

While it comes with inherent risk, there’s certainly some positives attached to the 60% Betting Strategy.

Relatively new to the world of trading? Check out VOdds’ guide to sports betting.

Even though it’s not usually a system a seasoned gambler would use, it’s workings are still very interesting indeed. Typically applied when the odds are between 1.70 and 1.80, your opening bet will be just 1% of your bankroll. The key element of the system is then how you increase your stake if you suffer a loss. 

 

Courtesy of Gambling Sites

With five steps in this process, the below readings show how you increase your bet when losses occur.

 

Bet 1 – 1% of your bankroll

Bet 2 – 3.5% of your bankroll

Bet 3 – 9.5% of your bankroll

Bet 4 – 24.5% of your bankroll

Bet 5 – 61.5% of your bankroll

 

The obvious aim is to recover your losses once you lose a bet, which comes with its issues, but can be useful for winning. In this system, you can make some tidy profits if you’re able to win one of the five bets, which there is a good chance of doing so seeing as the odds are between 1.70 and 1.80.

 

Courtesy of Gambling Sites

Not for the bold and faint-hearted, the 60% profit betting strategy is one that caution should be exercised when using, for it can quickly ruin your bankroll. However, if you research your selections wisely and have confidence in them, the method certainly has some merit.

Start trading the right way and log in to your sports betting account. Register now if you don’t have one yet and be on your way to becoming a successful trader.

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Point Spread Betting

Point Spread Betting Explained

What Are Point Spread and How Do They Work?

One of the more commonly used types of bet and one that’s very easy to understand, points spread betting is a good way to add value to your selections.

Are you new to sports betting? Check out our guide to sports betting.

A type of fixed odds bet which sees you give one team an advantage and one a disadvantage, this is a very simple market to follow. For example, if Arsenal are playing Chelsea, and you select Arsenal -1.5, this means they need to win by two or more goals for your bet to be a success. Any other outcomes such as a draw, a 1-0 win or an Arsenal loss, would all see you lose.

Point Spread BettingCourtesy of Online Betting

It’s important to note, if you have a team on a -1 to win, that if they win by a one goal margin you’ll get your stake refunded, something that’s commonly referred to as a push.

Point Spread BettingCourtesy of Whow

A key upside associated with using points spread betting is that it can substantially boost odds to make bets viable and so they represent value, which is especially useful when the moneyline doesn’t look appealing. Due to the fact one team will usually be considered better than the other, if you do your research on some key numbers, this can allow you to identify value and recognise when you can gain an edge on the bookmakers.

Point Spread BettingCourtesy of Online Betting

Some ways many recommend to ensure you might be able to get better odds is by waiting as late as possible before placing your bets, for you can see any alterations that may allow you to maximise your profitability.

Able to be applied to so many sports and events all over the world, points spread betting is definitely embedded in the betting landscape and will certainly remain a popular market for punters due to its all-round accessibility.

Make the most of your sports selections, register with VOdds platform now.

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Dealing with failure in betting

How to Deal with Betting Failures?

While nobody enjoys losing any of their bets, which they will have often invested so much time and effort into researching, how you deal with such setbacks is an important factor towards your growth and success.

Trying to be a profitable punter? Check out our guide to becoming a professional sports bettor.

To start with, trying to remain as calm and composed as possible in the immediate aftermath of losing is something you’ll want to try to do, for this should help you avoid poor decisions like chasing your losses. Instead, taking some time to digest your losses will lead you to approach losses in a more coherent fashion so you can learn something from it.

Courtesy of Towards Data Science

Courtesy of Towards Data Science

As opposed to chase betting, doing the opposite of this by taking a break is a much better idea following a loss so you can process and accept the situation and also recharge your batteries so you’re ready to go again.

Courtesy of Sports Insights

Courtesy of Spring Insights

Although it seems silly, there can be some upside attached to losses, as they offer you the chance to reflect and analyse where you went wrong and if there’s any adjustments you could make to your strategy.

22-11-2013-Swing-trading

Courtesy of Swing Trading

You may also want to reduce your stakes once you’ve taken some time to recalibrate your approach so if a losing streak continues your bankroll won’t suffer as much.

All in all, dealing with failure is something that’s best confronted with a clear, considered and concise approach to avoid any potential, bankroll destroying disasters.

Start trading the right way and log in to your sports betting account. Register now if you don’t have one yet and be on your way to becoming a successful punter.

Martingale Betting System Explained

Martingale Betting System Explained

As one of the oldest and simplest betting systems to understand, for our next blog article we take a look at the Martingale Betting System and weight up the pros and cons associated with it.

Trying to be a profitable punter? Check out our guide to becoming a professional sports bettor.

This system works by doubling your stake if you lose so you can regain your losses instantly and make one unit of profit. This subsequently means the system requires you to bet on events that are as close to evens as possible so you can recoup any losses in the one wager.

Courtesy of BlogabetCourtesy of Blogabet

While risky, this simple method does work if you have a big enough bankroll to endure a bad losing streak and do it over a short length of time. If trying this system, you’ll want to set yourself a loss limit so you know when to stop instead of keeping going and chasing losses carelessly.

Courtesy of Blogabet

Courtesy of Blogabet

Moreover, many gamblers see this system as not challenging enough too and an approach that leads to poor decision making and punters just picking selections based on the odds, not on value or through research.

Courtesy of MQL5

Courtesy of MQL5

Despite being easy to use, not requiring much time to learn and needing no complicated calculations, the Martingale betting system isn’t the best approach out there due to the aforementioned downsides attached to it.

Start trading the right way and log in to your sports betting account. Register now if you don’t have one yet and be on your way to becoming a successful punter.

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Decimal Odds and Fractional Odds Explained

Working out whether decimal odds or fractional odds are better for punters is regularly a topic of hot discussion, so for our next blog article, we’ll be taking a look at how the two compare.

Trying to be a profitable punter? Check out our guide to becoming a professional sports bettor.

The key difference between the two that you need to take into consideration is that in fractional odds the stake is not included in your potential return, whereas in decimal odds it is.

fractional-to-hero

Fractional to hero

With fractional odds largely being used in the UK and large parts of the rest of the world using decimal odds, most of the time when it comes to determining which option to take it’s about what the punter is familiar with.

Courtesy of Green Filly

Courtesy of Green Filly

Advocates of decimal odds believe it’s the best because it’s far more straightforward to calculate returns than fractional, which can be tougher to work out. This Bwin article explanation sums this up neatly, saying: “For example, many punters would have to think twice about whether 7/4 is better than 9/5, but when the same odds are expressed in decimal terms, 2.75 is clearly a lower return than 2.80.”

Courtesy of Investopedia

Courtesy of Investopedia

Although decimal odds are easier to comprehend, the choice often comes down to personal preference and what you’re most comfortable using.

All in all, both options are fine as long as the gambler is happy and fully understands what they’re doing before placing any bets.

Start trading the right way and log in to your sports betting account. Register now if you don’t have one yet and be on your way to becoming a successful punter.

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How to Use ‘Expected Goals’ for Betting

Growing in popularity all the time, using Expected Goals is a brilliant way to help you with your football betting.

Trying to be a profitable bettor? Check out our guide to becoming a professional sports punter.

Serving as a great metric to determine how a team performs both on the attacking and defensive sides of the game, XG (as it’s commonly referred to) can uncover some more usable, detailed information than just looking at metrics like results or shots per game.

Whether you’re looking at a team’s XG (Expected Goals) or XGA (Expected Goals Against), you can certainly track how a team is performing on either end, with this allowing you to see the quality of chances they’re creating and quality of chances they’re conceding.

Courtesy of XGTips

Courtesy of XGTips

With every chance or chance conceded given an Expected Goals reading, this allows you to see how good a certain team are at getting into top scoring positions or allowing the opposition to expose them to produce promising shots.

Courtesy of Bet FileCourtesy of Bet File

Obviously different efforts on net record different levels of XG, as a penalty will differ from things such as long range shots or strikes from an angle.

It’s important to keep in mind that different models are applied by different companies or statistical providers, so it pays to do your research, for there is often a difference between each one. Interpreting the data coherently is another factor you’ll need to consider, which is something you’ll improve on as you become more familiar with this tool.

Courtesy of PinnacleCourtesy of Pinnacle

When parlayed with other statistics and analysis, Expected Goals can unquestionably give you an edge in your selections, as it gives you a good gauge of a team’s consistency and how they are performing defensively and offensively.

Make the most of your Expected Goals (xG) fancies register with VOdds platform now.

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Betting on Draws

How Betting on Draws Work

While betting on the draws in sporting events can be a difficult thing to predict, if you undertake some thorough research and analysis, you can enhance your chances of winning handsomely.

Trying to be a profitable punter? Check out our guide to becoming a professional sports bettor.

Indeed, when shining the focus on soccer, a sport that draws betting is most prominent in, and it’s intriguing that almost a quarter of all matches end in a draw across Europe’s top five leagues.

Courtesy of Stork SportsCourtesy of Stork Sports

Obviously analysing the statistics is the best place to start before placing any bets, for this will allow you to uncover some usable information that can give you an edge. Obviously certain teams and leagues throw up more drawn games so looking at which ones do so can allow you to increase the probability of winning.

Courtesy of Napalm Bet

Courtesy of Napalm Bet

It’s also important to note that teams that are evenly matched tend to draw more games, which makes sense due to their similarity in quality. Whereas when one team is superior to another, the chances of a draw will inherently decrease, something that will be illustrated in the odds.

Courtesy of Bet AngelCourtesy of Bet Angel

Some other cases where draws often occur are when low scoring teams are in action, in derbies and in the initial 90 minutes of big finals.

So being able to identify and spot these types of trends, plus know how certain teams play stylistically, will unquestionably become a huge asset.

While it will take time for you to master recognising when a draw is a fantastic option, as you keep familiarising yourself with this regularly overlooked market, you should find plenty of opportunities to profit.

Start trading the right way and log in to your sports betting account. Register now if you don’t have one yet and be on your way to becoming a successful punter.

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Gambler's Fallacy and Betting

The Gambler’s Fallacy: How it Applies to Betting

The Gambler’s Fallacy is the concept created by Jacob Bernoulli roughly 400 years ago that came to the conclusion that the larger the sample size the more accurate it will be in giving you a true probability.

Trying to be a profitable punter? Check out our guide to becoming a professional sports bettor.

The most common example used is the coin toss, which he believed if done relentlessly the results will roughly even out to 50-50 for heads and tails. But this isn’t necessarily true, as tossing a coin is pure chance and each action has an independent outcome. This subsequently makes it unlikely that it’ll be an even split for heads and tails no matter how big your sample size is.

Courtesy of Sports Betting Dime

Courtesy of Sports Betting Dime

Many wagerers have been known to transfer this theory into sports betting too, which can be a dangerous thing to do. Using the law of averages, many use the principle that a streak of wins will be followed by a streak of losses, but in reality the team you’re betting on could keep winning too.

Courtesy of Ol Advisors GamblingCourtesy of Ol Advisors Gambling

Applying this theory essentially suggests teams would end up with the same number of wins and losses during a season, which is clearly not always the case.

This line from BetLabs offers some excellent insight into the topic, stating: “When it comes to probability, a lack of understanding can lead to poor decision making. The best way to avoid the gambler’s fallacy is to understand the difference between independent and dependent events.”

Courtesy of Sports Betting Dime-2Courtesy of Sports Betting Dime

With all this in mind, undertaking a more thorough analysis of every selection you make using proven strategies is a far better way to go about your betting, instead of using the aforementioned method that relies more on luck and chance.

Start trading the right way and log in to your sports betting account. Register now if you don’t have one yet and be on your way to becoming a successful punter.

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Best Asian Handicap Bookmaker

Choosing the Best Asian Handicap Bookmaker

Although it doesn’t seem overly important in the grand scheme of things, there’s no doubting that finding the right Asian Handicap bookmaker is a key part of enhancing your profitability.

Trying to be a profitable trader? Check out our guide to becoming a professional sports bettor.

With massive differences between the various bookmakers to choose from, this inherently makes choosing the right one for you difficult. But if you’re diligent and thorough in your research, you can quickly gain an edge and be happier for it.

Best Asian Handicap BookmakerCourtesy of Stake Hunters

While some outlets don’t offer the Asian Handicap market, a large percentage certainly do, for they know what a growing, popular format it is. Obviously you’ll then want to work out what sports and lines each one offers, plus whether or not they allow in-play betting. Taking the time to check around is certainly vital, as they all provide different options and you want to guarantee the sport you want to bet on is covered adequately.

Best Asian Handicap Bookmaker

Courtesy of Aus Sports Betting

Then looking at the odds available is equally crucial, as these can differ wildly too. Therefore scouring around the vast array of options can be a very useful exercise, with this allowing you to maximise your winnings.

Some other common things to be aware of are what bonus bets and accumulator options each bookie has on offer, for there’s usually a fair difference between outlets.

Moreover, some further aspects that should be taken into consideration are the reputation of the bookmaker, how long they’ve been around for, if a betting broker is required and if a certain bookmaker only accepts new customers via invitation only.

Best Asian Handicap BookmakerCourtesy of Betting Broker

With Asian Handicap betting being such a booming market in the wide world of betting, choosing the right one for you is imperative. All it takes is some quality research and fact checking and you’ll be well on your way to finding a bookie that’s just right for you.

Put your new found knowledge to test! Register with VOdds if you don’t have one yet and be on your way to becoming a successful trader.

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