Against the odds of millions of people betting on sport, there are only a handful of elite punters who make a full time living from betting on sport online.
The owners of betting exchanges are interesting in many ways. For one, they keep the books honest – by setting the odds hugely in their favour, so that everyone is constantly losing.
The second interesting thing about these owners is that they have no idea whether their prices are the best – the best bets – for the consumers; that is, for you. Again, there is no way of knowing this ahead of time. Instead they just let prices drop, and schedule selling periods so that the prices are always in the spotlight.
Third, they introduce new products to keep the consumers interested. Very often these products are not even eligible for your normal price, they are eligible only for a special pre- redemption bonus offer.
Finally, online betting exchanges punters can earn ‘free money‘ – that is a term for free money, no deposit required. In effect, they can play with their own money like there is no deposit required. This is an invitation to play with the house’s money. This encourages a lot of behavior that the average bookie would not like.
Betting on sport should be looked at more carefully from this perspective. The prices are not set by the horses, the prices are set by the betting exchange, which in this case is the most powerful arbitrage weapon ever invented for the benefit of the bettor.
Sports betting systems are also available to protect the interests of the bettor. Generally, systems have too many rules and conditions to be of any use for the arbitrageurs. Most people selling these know only one thing about betting – how to bet. They create false impressions in the minds of the consumers that it is possible to earn a quick fortune from betting, when in fact it is highly unlikely.
The power of the price
In betting, the prices are usually set by the desire of the consumers for a quick win. Any time a bettor expects to lose, he can find a sure way of winning his stake within the event. He knows only one elite point-system and one betting secret. There are hundreds of individuals selling almost the same thing in many areas of sport.
In some areas, sport betting is illegal and, therefore, the only method of making money is by betting with the government. This is the case in many countries, such as the United Kingdom and, of course, in many countries in Europe.
The affair of price
In spite of the fact that a profitable sports betting is the result of a very essential sporting activity, the gambling favouritism encourages the publication of sensationalist stories about the successes of certain gamblers. This is an invention that has been in use since the 18th century in order to enrich the circle which distorts the facts for the benefit of sincerely earned money.
The gamblers use the media to publicize their latest acquisitions. This gives them an opportunity to announce: Here comes the horse to race. We will cover it on this site and send the bettors to the race. Here comes the plane to swoop. We will cover it on this site. To pick the bet, we will calculate the percentage of accuracy of the forecast and, if it is around the 75% range, we will gladly reveal the location of the horse and the online betting site.
Our bettors are increasingly sensitive to the developments in the global financial and markets markets markets and the advent of the internet gambling business provides a number of opportunities forsports bettors.
We will provide the necessary conditions for evaluating such opportunities and suggest the following methods and approaches for additional research of the various available traditional betting types on a situational and market basis.
(1) Where the feasible odds are available and you possess exact information, the betting possibilities can be calculated simply by dividing the amount of value in the odds by the stated decimal price.
(2) Consider the number of betting system bets with the odds. Betting on any one of the system bets possesses a certainty of one bet per the odds. The result is the guaranteed winning of the amount mentioned in the odds. The betting possibilities refer to the winning possibilities of the system bet.
(3) A calculation method referring to the decimal price is more precise. This approach is the most profitable of all since the bets are placed with the exact leverage as the odds.
(4)negative versus positive expectation betting system. It is possible to demonstrate the accuracy of the working of the arbitrage sports betting system by means of negative and positive expectation betting. It is sometimes called as ‘even money’ betting.
(5) Betting on the internet is a highly profitable investment since the prices are far more volatile in contrast to the more stable fixed price betting system.