Football Betting Tips and Strategies
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In order for the concepts behind value betting to have any value to you, you will have to assess and assign probabilities to each outcome in a market. This process is accomplished by traditional research and analysis, otherwise known as handicapping, in the arena of sports betting, or assessing form, specifically for football betting.
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The increased subjectivity of sports betting affords the smart bettor the opportunity to identify bets that would be long-run profitable. These types of bets are called value bets. While any individual value bet may lose, this same bet over the long-run would be expected to yield a profit.
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It is no secret that clubs tend to perform better when playing on their own pitch in front of their loyal fans. You know it and I know it. And if we know it, you can be sure that bookmakers know it.
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Not sure what something means? Check out WSN's Betting Glossary to get up to speed on some basic betting terminology.
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Football Betting Market Descriptions
For any given match, there can be numerous different betting propositions, or markets, for which bets can be laid. Odds are commonly offered on things as obscure as 'How many times will the woodwork be hit?' to something as simple as 'Which team will win the match?'. Here we define most of the major betting markets that are consistently available from match to match.
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We all know that bookmakers are sports experts and run highly efficient sports betting operations, particularly when it comes to pricing their odds and managing their risk. The traditional theory of bookmaking is all about risk management. In a theoretically ideal situation, bookmakers offer odds that insure themselves against all of the risk.
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As said in our previous article regarding money management (Fixed Bet Size Money Management), how you allocate your wagers in terms of size relative to your entire bankroll is a very important, yet often overlooked, aspect of sports betting that is vital to sustaining long term success.
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With our team pages, users may be confused about some of the advanced sports betting statistics and abbreviations we use. Please refer to the table below if you have any questions.
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Odds and Necessary Winning Percentages Chart
These charts represent the winning percentage you must achieve to make plays at a certain odds profitable. The chart assumes you are risking 100 each bet. The tables are broken into two tables on seperate pages.
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The exact origins of the English term vigorish are unknown. The French use a similar term vignes which was likely adapted from a Yiddish version aquired from the Russian word vyigrysh. Regardless, the term vigorish is commonly used in the sports betting community to describe the sportsbook's cut or commission. Ironically, this important concept is not well understood in the sports betting world. Because of its huge implications on your profitability and success as a profitable gambler, bettors must understand the concept. This article clarifies the mystery of the 'Vig'.
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Asian Handicap odds give bettors many advantages they do not have with normal fixed odds bets, such as eliminating the possibility for a tie, greatly improving a bettor's chances for success.
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This chart represents the percentage you pay in vigorish according to how much you win. Since only the winner pays the vig, the percentage increases as your winning percentage approaches 100%. The chart uses two parameters, all bets the same size, and all bets at industry average 1.93 or -107 vig.
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Fixed Bet Size Money Management Strategy
Maybe the single most important part of being a successful sports better is proper money management. This aspect of the game is often overlooked and drives many betters into the poor house. While simple in explanation, proper money management is far more difficult to follow.
