Other than the sportsbook managers in Vegas, not many people had heard of the name James Holzhauer before his incredible 32-game winning streak on Jeopardy! in 2019. Over 33 games of Jeopardy!, Holzhauer won over $2.4 million using basic sports betting principles such as probabilities and expected value; principles he’d been using his whole life. But before he took the Jeopardy! world by storm, James was and still is a professional sports bettor.
Regarding betting, taxes have been a never-ending question which people never seem to fully understand. It might seem complicated at first, but that doesn’t necessarily mean it has to be, let’s simplify it for you. The main rule is that if you win a bet that exceeds 10,000 NOK* (kr) in profits, you will be taxed 28%.
Sports betting and gambling have been in the UK culture for centuries, the first lottery in England came alive as early as 1694!
Yes, you read correctly, it is illegal to offer in-play betting to Australian residents! This is without a doubt the worst betting rule in Australia, and from which very obvious reasons any bookmaker tries to change.
We couldn’t go through the whole series of 10 People Who Got Rich on Sports Betting without mentioning our own, Jonas Gjelstad. Along with his friend Martin, Jonas is a co-founder of Trademate Sports. Over his time, he’s also been a very successful poker player and sports bettor, profiting nearly $1 million from value betting in one year.
I always want to max out a deposit bonus. Deposit bonuses vary from anywhere between $100-$300. Before depositing at a bookie with a $300 bonus, I’d wait until I’m able to max out that bonus.
Bet sizing plays an extremely important role in any profitable betting strategy, and in this article, we’re going to try to give some insight into exactly how important it is.
Q4: Kelly criterion or flat staking: Which stake sizing strategy do you consider to be the best and why? And if Kelly bet, what percentage do you recommend?
Q4: Kelly criterion or flat staking: Which stake sizing strategy do you consider to be the best and why? And if Kelly bet, what percentage do you recommend?
Q4: Kelly criterion or flat staking: Which stake sizing strategy do you consider to be the best and why? And if Kelly bet, what percentage do you recommend?
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