This week we open up the debate on what some of our experts have described as the most important topic in sports betting, as we asked nine betting experts the question: What are the best ways to manage risk when sports betting?
This week we open up the debate on what some of our experts have described as the most important topic in sports betting, as we asked nine betting experts the question, what are the best ways to manage risk when betting sports?
Alan Woods was a mathematical genius from Australia who used his superior IQ to make a lot of money! By using the principles of “quantitative gambling” Woods won millions on horse racing.
Overall, Trademate customers have made a net profit of €4,2M from the 1st of January 2016 - September 2019. The majority of customers using Trademate are profitable and as covered in this article, the more trades people place, the more profitable they are.
If you are thinking that betting on coin flips and sports are not the same thing, you are right. As opposed to the coin flip, the problem with sports is that you do not know the probability of a win, draw or defeat. So how do we determine it?
In this article we will list every state where sports betting is legal, which states it’s legal in but highly regulated and which states where it’s only legal in some tribes. Yeah we know, it sounds complicated, but bear with us.
“I think I would be a lot more stressed if I went home from the office at 16.00 thinking about all the things I did not have time to do”, says Marius Norheim, the CEO of Trademate Sports.
In probability theory, the expected value of a random variable, intuitively, is the long-run average value of repetitions of the experiment it represents. E.g. the expected value of gett
Typically an odds line will be placed by a bookmaker after they have performed a statistical analysis, which takes all the information they have available into consideration, for instance, the team’s lineup, injuries, and historical performance.
As part of any form of investing, it is important to have a benchmark that you can compare your performance against. Otherwise, you do not know whether the results you are getting are because you have made smart decisions or luck.
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