Betting Strategies

Betting StrategiesKeep What you Win with Sports.expresscasino.co.uk

How often do you think the term ‘advantage player’ holds good? Not often in the world of sports betting, I say.

Many of us are of the opinion that everyone who bets on a sports gains at the end of the day as long as they play frequently and long enough.

This is not necessarily true.

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We all know that the bookmakers always have the edge over the players, and hold the key in playing the cards. If only there was a way to even out the edge, to play fair and square; If only the player too had an advantage every once in a while.

Well, interestingly enough; there is a way! A good and well planned betting strategy can give you the edge.

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Here is a look at one of most important aspects of advanced betting strategies. I’m guessing you know your way around the basics, for advanced money spinning betting strategies are for players who’ve been baptised into the business and have their basics right.

  • Understanding concepts such as expected value (EV)

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Expected value (EV) is one of the most important strategies in the betting business. It is therefore no surprise that it remains a frequently used plan in the betting scene.

Let’s consider an example to understand this more coherently.

Let’s say you and me decide to have a match of basketing balls- well, I mean literally! For every ball that you basket, I agree to pay you $1. Similarly, for every ball that I basket you pay me $1.

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Now, we can basketballs for what might seem like an eternity and still have no winner. This is because the law of averages catches up and for every $1 I make I end up losing it almost immediately. This bet is considered to have neutral value in which the end result can have an equal chance of swinging either ways

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Now to add a different dimension to it; let’s say you get tired of basketing balls and choose to quit the game. Now, I on the other hand feel that I am inching towards a win and smell victory. I somehow manage to convince you to stay and play for longer by agreeing to pay you an additional 50 cents for every ball you basket. You however, stick to your betting strategy and continue to pay me $1 as agreed before.

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Notice how there is a sudden shift in odds. There is every chance that you might make $1.50 and lose only $1.00 in return. You therefore benefit by 50 cents for every 1 attempt you succeed in. This creates a positive expectation (+EV) of 50 cents. However, as the one paying me this amount, I end up suffering a negative expected value (-EV) of 50 cents. For successful betting, the focus should be to earn and acquire +EV bets and avoid –EV loses.

 

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