Football (Soccer) Betting Tip – Discover the 7 Golden Winning Rules in Live Betting or Soccer Prediction ?
The Internet and live telecasting of matches have made live betting immensely popular. The main difference between live bets and normal bets is the punters can gauge the motivation factor of how the players will perform or the playing strategy Soccer Prediction in [Keyword]– whether there will be three strikers or ‘a bus of defending players parked in front of their goalmouth’.
The greatest advantage in live betting is the punters have exactly the same information as the bookmakers as the matches are being played. There is also a chance for the punters to bet at better odds if the opening odds are too low. The punters can observe the development of the game and make decisions as the match unfolds. This gives the punters an opportunity to make a ‘U-turn’ and reverse a bet when the situation necessitates.
Live betting requires great discipline and patience. Emotion can run very high during a match and your decision can be just a click on the optical mouse. The following 7 golden winning rules must not be overlooked :
7. CUT LOSS WHEN NECESSARY The typical mindset of most punters is to hang on till the last minute, hoping and praying that their team will not let them down.Be decisive and cut your loss as soon as you realise the match is not flowing the way you have expected. Such decisiveness can save you bigger losses in the end.
CONCLUSIONIn live betting, you must judge each situation on its own merits. Do not allow emotion to interfere with your judgement. This will only compel logic to fly out of the window, along with your cash.
Interesting Facts About Soccer Prediction in Popular:
About Soccer Prediction in Popular:
In article one, I introduced you to the Betting Exchange concept and explained the basics of LAY Betting (Lay to Lose). Now in this article, I'm going to introduce you to another unique and powerful feature of the betting exchanges, the Place Markets.What Are Betting Exchange Place Markets?
Place markets are as the name suggests, markets which allow you to bet on a selection to be 'placed'. Eg. a horse to finish 1st, 2nd or 3rd in a 8 runner or larger field.
Now, the first and most important thing to highlight here is that these place markets are completely different to the well known Each Way (EW) betting markets offered by traditional bookmakers. The Each Way bet is in fact 2 bets of equal stakes.
The 1st stake is on the selection to win and the 2nd is on it to be placed. So a £10 EW bet will cost you £20 in total.
A £10 place bet on a Betting Exchange is a single bet and therefore will only cost you £10. If your selection finishes in a place, you collect your winnings and smile.
Think about it for a minute. How many times have you been certain that a horse will be placed, but you have not been confident that it will win...Traditional Each Way Betting
Take the following example. A horse named 'Im gonna be placed' that is available to back with traditional bookmakers at 4/1 (5.0). Your very confident that it will finish in the top 3 in a 10 runner field.With a traditional bookmaker, your options are:
1) Take a chance on it winning and place a win single on it. E.g. £10 at 4/1
2) Place an EW bet on it. E.g. £10 EW at 4/1 (5.0). Total stakes £20. The bookies will pay you 1/5 odds on the place element of this E/W bet based on their standard EW rules. On our horse which is available to back at 5.0 this equates to 1.8
Now, the only time the above race will be profitable for you is if the horse actually wins. In both cases you would make a very nice profit if it did. For option 1 you would win £40 profit and for option 2, £48 profit.
BUT, if as you suspected the horse only finishes placed in 2nd or 3rd, you actually lose money in both cases. With option 1 you obviously lose all your stake money so are down £10. With option 2, you win £8 on the Place side of the EW bet but still lose £2 overall as the win part of the bet was a losing one.Enter The Betting Exchange Place Markets
Using the above example and depending upon the prices of the other horses in the race, you would probably see the Betting Exchanges offering odds of around 1.60 - 2.00 (evens) on this horse being placed. You can therefore put your £10 PLACE bet on at say 1.8 and collect £8 profit (minus commission) as long as the horse finishes 1st, 2nd or 3rd. Only if the horse finishes outside of the top 3 do you lose your £10 stake.
I'm sure this has got you thinking and you can probably see the power in this straight away!
When combined with a good staking plan and a sensible selection process, it can be common to have very long winning streaks when backing horses to be placed on the betting exchanges. These longer winning streaks more than make up for the relatively short prices that are offered on selections to be placed.Place Market Important Notes
A few important things to note about place markets:
1) Unlike the betting exchange win markets, Place markets DO NOT go "In-Running" when the race starts but this is true of the traditional E/W bets offered by bookies as well.
2) If a race is planned as a 8 runner or more event but a number of horses become non-runners leaving less than 8 runners, the betting exchanges still offer odds on 3 places. This is different to bookmakers who in such cases adjust their odds on the place payment from 1/5 to 1/4 of the win odds BUT they only pay out on 2 places. If a 5,6 or 7 runner field is shortened to less than 5 runners, the betting exchanges will still offer place markets and payout if the horse finishes 1st or 2nd.
3) You can make up the equivalent of an E/W bet on the betting exchanges by placing a bet on the win market and a separate bet on the place market. Depending upon the type of race and the form of the market, you will often find that this offers more value in terms of odds than an E/W bet with a bookmaker. Backing Or Laying On The Place Markets
As explained in article 1, the ability to Lay a selection is perhaps the most important feature of the betting exchanges. You now have the ability to Lay selections to be placed. In other words, if you have a valid reason to believe that a selection will not even finish in a place, Lay it to Lose on a betting exchange. The real beauty of laying on the place markets, is that the odds are always much lower than the outright win odds so your lay liabilities are much lower.Trading On The Place Markets
As the place market prices are much lower than the outright win market prices, they also offer a great place to learn the skill of TRADING without much risk to your balance! Betting Exchange trading is simply the process of betting on price movements for guaranteed profits. E.g. Back a horse at 4.0 and then Lay it later at 3.0 for a no risk bet or guaranteed profit regardless of the outcome!
Betting exchange trading will be covered in detail in a future betting article.Summary
Place markets should be used as part of your betting armory. They offer you the chance to make money frequently with long winning streaks being very common. This helps to build your confidence as well as your betting bank!
Bookie Each Way bets are not always poor bets but in the vast majority of races, the odds are stacked firmly in the favour of the bookmakers. They simply love punters taking EW bets on these races as they know its their bread and butter. A small proportion of races where the market is formed in a certain way do offer the punter very good E/W value but that's for a different day...
Well that's it for part 2 of my betting exchange articles. In part 3, I will be explaining the Betting Exchange In-Running markets.
Soccer Prediction in Popular
This is the third instalment in a series of articles on profitable betting through sensible money management. So far, I have discussed the importance of getting value when you bet, to maximise the returns you achieve when your selections win. In the most recent article you should have learned to keep your stakes in proportion to the size of your betting bank.
Today I want to examine a common mistake that often gets punters into serious trouble chasing your losses.
I dont think there can be many of us who have not at some time, decided to get back what we just lost by betting a little bigger on the next race. It is sometimes known as progressive staking.
Lets take a simple scenario: you bet £10 on Red Rum, and he loses. What do you do? Perhaps you continue with your selection methods and come up with another pick in the next race Best Mate. The price is 6/4F
But, rather than putting another £10 bet on Best Mate, you decide to chase your loss from the last race. You add another £7 to your stake so that when Best Mate wins you will pick up an extra £10.50 to recover the bet you lost on Red Rum. Good plan? Could be, after all Best Mate is a sure fire winner, right? May be. May be not!
What happens if Best Mate loses? You are now £27 in the hole. But you still have a plan. Your next selection is a dead cert winner at Even money. You place your usual £10 stake plus an extra £27 to cover your losses so far. No need to worry. When this one comes in, you will have re-couped your losses and have a £10 profit to show as well.
Lets take a step back here. You are staking £37 to win a £10 profit. Think about it you are effectively getting odds of only around 1 to 4 odds-on about a horse that is Even money in the market. That is terrible value!
You may escape this time and your horse may well win. But what if, heaven forbid, your red-hot even money favourite fails to win? After just three bets, you are down to the tune of £64 when your normal stake is just a tenner!
Long losing runs do occur, more frequently than you might think, and even with short-priced selections.
If you spent a day in a casino at the roulette tables, and analysed how many times you witnessed a run of 7 or 8 consecutive red numbers, I would not be at all surprised if you saw this happen four or five times in a single day. Here we have pretty much a 50/50 bet, even money, that the roulette ball will land in either a red or a black slot. Yet I was amazed to learn that the longest run of the same colour (reported) was THIRTY-NINE consecutive reds!!
Imagine if you were betting on black, and saying to yourself each time no worries, its got to be black next time
But lets go back to the more common occurrence of a losing run of 7 even money bets. We will be betting on the red.
We place a £1 bet on the first spin. Its black. We chase our loss by doubling up and next bet £2. If we were to carry on in this manner, after 6 spins we would be betting £64 to win our original £1
I sincerely hope my point is getting across. By chasing your losses you can very quickly see your stakes climbing to preposterous levels, to win your original, relatively small stake. The risk is way out of proportion compared to the potential reward.
One last example to really ram the point home. The Racing Post runs a tipster competition. All the leading racing journalists are involved, representing the nations newspapers and horse racing publications. These are experts at tipping horses. Take a look at the results table any day, and see for yourself the longest losing run. Remember, these are the experts.
I looked today, and Racing Post PostData has suffered this season a losing run of twenty-seven. Twenty-seven consecutive losers from an expert tipster! And believe me, he is not on his own, just the worst offender this season so far.
There is an old saying Dont throw good money after bad. If your selections dont make a profit from simple level stakes betting, dont try and make them profitable by throwing more money at them. You may survive with a profit for a while, but this approach is a disaster waiting to happen. Sooner or later you WILL blow your entire bank chasing a disproportionately small profit.
If your selections dont make a profit from simple level stakes betting, change your system.
Now that we have put the Barry Bonds/ Babe Ruth blah, blah, blah to sleep, I think its time that we sat back and wagered a few bucks on our favorite MLB team. Parity is here and every one of the six divisions is up for grabs this year and handicapping these teams, takes patience and talent.
Lets start with the glamour division and of course I am referring to the American League East where the New York Yankees and Boston Red Sox have been trading punches since the opening week of April and Georges boys are now sitting in the penthouse.
Lurking down in the lobby are the Toronto Blue Jays who have fought off injuries to their starting pitching staff, with superb hitting and are 32-25 and are just three games back. Toronto has made it clear from the get go, that they will spend money during the season in order to contend.
In the AL Central my 9-1 betting bonanza and that would be the 2005 Chicago White Sox are scuffling a bit after a torrid start and presently trail the Motown Detroit Tigers. The Tigers began the first 50 games under Jim Leyland in spectacular fashion, but injuries are beginning to hit them, with the latest being to Pudge Rodriguez.
At 28-29 the Cleveland Indians will make a move at some point and placing a few bucks on them, could provide you with a nice return on your dollar. The AL West with Texas, Oakland, Seattle and Los Angeles is a crapshoot, with only 5.5 games separating the VIP section and the cheap seats. The first place Rangers incidentally are the only team in the West with a winning mark in games played within the division and against the powerful AL East and you cannot ignore that vital gambling statistic.
The New York Mets like their neighbors the Yankees like to throw the money around and they sit atop the NL East presently, but the Phillies and Braves can almost reach out and touch them. With 14 straight division titles, I certainly would think about a wagering a few bucks on them to win once again.
The Cardinals are suddenly trying to ward off the Cincinnati Reds who are getting healthy and pounding the ball. The Cardinals meanwhile have all kids of injury issues with Pujols and ace Chris Carpenter does not look stable.
Just like their counterparts in the AL West, the NL West Diamondbacks, Dodgers, Padres, Giants and Rockies are in a fierce battle for supremacy. Just six games separate the top and bottom, with Arizona leading the pack. The Dodgers are getting superb play out of Garciaparra and if their veterans can stay healthy, watch out!
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