Explains what an arbitrage and value bet is and the difference between them.
This article analyses how implied edges and number of bets affects different aspects of a betting history given the fractional Kelly staking strategy - in particular the expected fund growth and profit align with the probabilities of going bankrupt and of obtaining no profit.
This article is about the pros and cons for each of the two strategies based on my personal experiences after my first two years of sport betting. All data presented in this article is real.
As a benchmark for what is required to do extremely well in sports betting, we have added Jonas’ results for his $10k to a $1 million run below.
An important element is your starting point. Just like with more traditional forms of investing such as stocks or real estate, if one already has the money it becomes easier to accumulate more of it.
This is the first out of a three-part article series, which purpose is to investigate how one can make money from sports betting and the requirements of making a living from it.
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 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
Value bets occur when you've got the upper hand on the bookmakers or the markets.
Trademate users have earned over 5.000.000 EUR in profit, and you can join them. Start earning real money beating the bookmakers with the proven methods of value betting now!Get started Now - For Free
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We recommend Sportmarket as your Broker/Account to the Asian Bookmakers and Exchanges.Visit Sportmarket
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