Betting - Is it Possible to Beat the Bookie?

 

Betting - Is it Possible to Beat the Bookie?



No system is ever foolproof, or mathematical. There are ways to get around a betting system and ways to make bets so that you can test your betting theory. Today I'm going to talk about what I think is the best way to do both of these. Your objective is to bet on a possible outcome of a match, such as the outcome of a coin toss. You do this by laying a bet against the outcome. Obviously you are betting on the outcome of the toss, the result of the toss is outcome of the toss. It could be possible that the previously forecasted outcome will not happen, this is what the betting system is trying to counter. If you bet on the forecast not the outcome, you will win (or lose) the toss of a coin over time, but setting a win goal is always better than a loss goal. setting a win goal of 5% on a match, or 8% on a coin flipping is a much better way to go than a loss goal of 10%. A win goal of 6% on a match, or 10% on a coin flipping is a much better way to go than a loss goal of 16% or 20%. The mistake to make is to set a "win or lose" goal so low that the odds are simply not worth the risk. This is where errors come about and they are easy to make when you are "nings or loose". When you bet on the outcome of a match or event, and you lose, you will emotionally feel the downside of the decision. This feeling is called the "move down", and it is the feeling that lets you to keep the bet open next time! To take advantage of the " Move down" rule, you need to first bet on the win goal, and then bet on the actual outcome of the match. You need to have something at the end of the event to show for it. You do this by making an "over" bet and a "with" bet simultaneously. Over/Under bets are where the amount you bet, wins or loses, is multiplied by the respective number of indicated goals, O.E. If you bet $5 on an over/under of 2.5 goals, and there are four games in the season, you bet $5 on the first game, $5 on the second game, $10 on the third game, and $10 on the forth game. You will need to keep betting right through the season until you win. By the way, for a $5 bet on the over/under of 2.5 goals, you have bet $25, $50 on the second game, $100 on the third game, and $200 on the forth game. You need to keep betting in $5 increments until you win.  Now, $50 in the first game, $100 in the second game, $200 on the third game, and $300 on the forth game. If the first game wins by exactly 2 points, you will have won $50 of a $50 bet. Similarly, if the second game wins by exactly 2 points, you will have won $25 of a $25 bet. However, if the third game wins by exactly 3 points, or if the fourth game wins by 4 points, you will have lost $100 of a $100 bet. Here are some additional details about the Over/Under Bet. The odds reflect the profit opponents must pay you to encourage you to bet. For example, odds of 3 draws are available if you select the favorite. Odds of 4 draws are available when you select the underdog. Odds of 5 draws are available when you select the draw. The score is the actual combined total of the two teams. It is typically the calculation preferred by the Vegas sportsbooks. However, an easy way to remember is to work out the score of the team that is expected to win, add the points the odd makers desire you to believe (3 if they are favorites, 4 if they are heavy favorites), and divide the score by the number of expected points. The New York Yankees are 13 - 30 (6 each way) , the most wins of any baseball team. Therefore, to obtain the Over/Under of 9 points, you divide 130 into the final score of Yankees plus 6. The result is 9 over 30 which gives you a profit of 30 (hence the plus sign). The more games the Yankees play, the more games the more games the team wins (and the more games the Yankees win). As part of the MLB season, some teams have assigned home games roles, signifying they are the home team. The home team is the expected winner of the game.

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