"Arbitrage is the simultaneous purchase and sale of an asset to profit from a difference in the price. It isa trade that profits by exploiting the price differences of identical or similar financial instruments on different markets or in different forms. Arbitrage exists as a result of market inefficiencies"
Almost all professional sports bettors will tell you that long term success is ALL about knowing the numbers. So do you really need to know a sport to make money on it? Or is knowing the maths involved enough? We argue that sometimes ‘cold trading’ could be the more profitable and least stressful option.
My name is Matthew Trenhaile and I have worked for six years at the UK Sport Spread Betting division of the IG Index, as an odds compiler. Steve was kind enough to allow me to utilise his blog to show my abilities in writing, through a series of articles from someone who has actually worked with a major bookmaker and in the industry.
Here are 10 key concepts, educational resources, tools, and practical steps you can take to improve your betting!
Mugsy does an accumulator every week and every once in a while, he actually wins the thing. The problem is, most weeks he doesn’t win but he quickly forgets those occasions.
The emotional bettor might stake all their winnings from the first bet on a new bet. If they’d lost the first bet, they might not bet at all the next time they spot a great value opportunity. They’ll probably get even more annoyed if that next bet wins when they didn’t back it. This is why managing your emotions is key if you want to be successful in your long term betting.
For the bettors out there that do not enjoy larger swings in your bankroll and deviance from your expected value, this is the article for you.
The Martingale system is one of the more famous staking plans available to use, however, being well known does not mean it is fit for purpose. Before we get into why the Martingale system is to be avoided at all costs, let's have a look at its brief history, the concept and some practical examples of its use.
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