Author Archive for Sportstatist

Mintbet Review

Mintbet.com       Year established: 2017 Mobile compatible: Yes Jurisdiction: United Kingdom Overall rating: С- Recommended: For recreational players           Mintbet Sportsbook Review Mintbet is a new Sportsbook and Casino operator, launching in 2017 with…

BetBull Review

Betbull.com       Year established: 2015 Mobile compatible: Yes Jurisdiction: Malta & UK Overall rating: C Recommended: For recreational players           BetBull Sportsbook Review BetBull has burst onto the scene in 2015 as one of…

Sport.Guru Review

Sport.Guru       Year established: 2017 Mobile compatible: Yes Jurisdiction: Malta Overall rating: C Recommended: For recreational players           Sport.Guru Review For a long time, the popular online manager game, fantasy sports, was only accessible…

LuckyBet Review

LuckyBet.com       Year established: 2017 Mobile compatible: Yes Jurisdiction: Curacao Overall rating: C- Recommended: For recreational players           LuckyBet Sportsbook Review   Advantages: – Large betting offer; – Massive range of football markets; –…

Sportium Review

Sportium.com       Year established: 2007 Mobile compatible: Yes Jurisdiction: Spain Overall rating: C+ Recommended: For recreational players           Sportium Sportsbook Review   Advantages: – ; – ; – ; – ; – ; –…

BetOnAces Review

Betonaces.com       Year established: 2018 Mobile compatible: Yes Jurisdiction: ? Overall rating: C- Recommended: For recreational players           BetOnAces Sportsbook Review Launch of the BetOnAces is expected soon… Advantages: – ; – ; – ;…

WonClub Review

Wonclub.com       Year established: 2010 Mobile compatible: Yes Jurisdiction: Curacao Overall rating: C Recommended: For recreational players           WonClub Sportsbook Review   Advantages: – Numerous betting options; – Massive range of football markets; –…

EnergyBet Review

Energybet.com       Year established: 2016 Mobile compatible: Yes Jurisdiction: Malta & UK Overall rating: C Recommended: For recreational players           EnergyBet Sportsbook Review Many view the bookmaker EnergyBet as a rising star in the…

Malina Sports Review

Malinasports.com       Year established: 2016 Mobile compatible: Yes Jurisdiction: Curacao Overall rating: C Recommended: For recreational players           Malina Sports Review Full review will be ready soon… Advantages: – Sportsbook from the casino brand;…

BetSocial Review

Betsocial.net       Year established: 2017 Mobile compatible: Yes Jurisdiction: Malta Overall rating: C Recommended: For recreational players           BetSocial Sportsbook Review BetSocial has previously has a reputation for being unsafe, but rest-assured, the company…

5plusBet Review

5plusbet5.com       Year established: 2011 Mobile compatible: Yes Jurisdiction: Curacao Overall rating: C- Recommended: For recreational players           5plusBet Sportsbook Review 5PlusBet jumped onto the online bookmaker scene in 2011, and operates under a…

1x2Masters Review

1x2Masters.com       Year established: 2017 Mobile compatible: Yes Jurisdiction: Curacao Overall rating: C- Recommended: For recreational players           1x2Masters Sportsbook Review 1x2Masters has dived in at the deep end of the bookmaking industry in…

Bet90 Review

Bet90.com       Year established: 2010 Mobile compatible: Yes Jurisdiction: Malta Overall rating: C Recommended: For recreational players           Bet90 Sportsbook Review Bet90 is a Malta registered bookmaker primarily catering for the sports enthusiasts of…

How quickly can you learn a skill?

Randomness and luck play a crucial part in betting, but there is still an element of skill involved. It might be possible to win in the short-term thanks to luck, but you won’t win in the long-term without skill. So,…

The problem with data mining in sports betting

Using data as part of a betting strategy is common practice. However, as impressive as some results may appear, the process of producing such results is the important part. What are the problems with data mining in sports betting? Read…

The nature of uncertainty in betting

Betting dates back thousands of years and while how we bet and what we bet on has changed dramatically, the nature of uncertainty remains. Bettors obviously need to be aware of what uncertainty and probability mean, but can the classic…

What can you learn about betting in the classroom?

Some bettors have spent years honing their skills with the end goal of beating the bookmaker. Others have worked towards a different career and then transferred their skills to betting. People might take different paths when it comes to betting,…

How often do you need to beat the closing line?

It is a common misconception that betting is all about results. The key to successful betting lies in finding value in the market and consistently beating the closing line. But just how often do you need to beat the closing…

Part two: Is there a magical betting formula?

David Sumpter, a professor of Applied Mathematics, explained the process of building a betting model based on under-priced draws in part one of this article. Now, he analyses whether expected goals can be used to beat the bookmaker’s odds. Can…

Campeonbet Review

Campeonbet.com       Year established: 2017 Mobile compatible: Yes Jurisdiction: Curacao Overall rating: C- Recommended: For recreational players           Campeonbet Sportsbook Review Campeonbet provides more than 30,000 betting markets and events every month, and considers…

JazzSports Review

Jazzsports.ag       Year established: 1996 Mobile compatible: Yes Jurisdiction: Costa Rica Overall rating: C Recommended: For recreational players           JazzSports Sportsbook Review Advantages: – US-facing sportsbook; – Extensive wagering menu; – High stakes accepted;…

LooseLines Review

Looselines.ag       Year established: 1998 Mobile compatible: Yes Jurisdiction: Costa Rica Overall rating: C Recommended: For recreational players           LooseLines Sportsbook Review   Advantages: – Top sportsbook amongst the sharps and public, who love…

ChineseBookie Review

Chinesebookie.eu       Year established: 2002 Mobile compatible: Yes Jurisdiction: Costa Rica Overall rating: C Recommended: For recreational players           ChineseBookie Sportsbook Review ChineseBookie is a relatively unknown bookmaker marketed directly at the Chinese market,…

VietBet Review

Vietbet.eu       Year established: 2002 Mobile compatible: Yes Jurisdiction: Costa Rica Overall rating: B- Recommended: For recreational players           VietBet Sportsbook Review VietBet is a Sportsbook that’s been operating for over 15 years on…

K8 Review

Uk-k8.com       Year established: 2015 Mobile compatible: Yes Jurisdiction: United Kingdom Overall rating: C- Recommended: For recreational players           K8 Sportsbook Review K8 is an online bookmaker based in Belize City, and is fully…

Ole777 Review

Ole777.co.uk       Year established: 2015 Mobile compatible: Yes Jurisdiction: Isle of Man Overall rating: C- Recommended: For recreational players           Ole777 Sportsbook Review Ole777 is one of newer online bookmakers on the scene, first…

Letou Review

Letou.co.uk       Year established: 2004 Mobile compatible: Yes Jurisdiction: Isle of Man & UK Overall rating: C+ Recommended: For recreational players           Letou Sportsbook Review Letou was one of the first bookmakers in the…

SportPesa Review

Sportpesa.uk       Year established: 2014 Mobile compatible: Yes Jurisdiction: Isle of Man & UK Overall rating: C- Recommended: For recreational players           SportPesa Sportsbook Review SportPesa is one of the more recent bookmakers to…

Mr Win Review

MrWin.com       Year established: 2017 Mobile compatible: Yes Jurisdiction: Malta, United Kingdom Overall rating: C- Recommended: For recreational players           Mr Win Sportsbook Review The hope inspiring named online bookmaker Mr Win re-entered the…

Black Type Review

Blacktype.bet       Year established: 2016 Mobile compatible: Yes Jurisdiction: United Kingdom Overall rating: C- Recommended: For recreational players           Black Type Sportsbook Review Black Type entered the market in 2016 to ample discussion, including…

RedZoneSports Review

Redzonesports.com       Year established: 2017 Mobile compatible: Yes Jurisdiction: United Kingdom Overall rating: C- Recommended: For recreational players           RedZoneSports Sportsbook Review RedZoneSports is a new bookmaker geared towards American and UK Sports Betting.…

Grosvenor Review

Grosvenorcasinos.com       Year established: 2016 Mobile compatible: Yes Jurisdiction: United Kingdom Overall rating: C- Recommended: For recreational players           Grosvenor Sportsbook Review Grosvenor Casinos, established right the way back in 1970, is a casino…

Mr Green Review

MrGreen.com       Year established: 2016 Mobile compatible: Yes Jurisdiction: Malta & UK Overall rating: C- Recommended: For recreational players           Mr Green Sportsbook Review Mr Green Casino and Sportsbook burst onto the scene way…

Toals Review

Toals.com       Year established: 1932 Mobile compatible: Yes Jurisdiction: Ireland & UK Overall rating: C- Recommended: For recreational players           Toals Sportsbook Review Toals Bookmakers is an old school betting operator which has been…

Royal Panda Review

Royalpanda.com       Year established: 2017 Mobile compatible: Yes Jurisdiction: Malta & UK Overall rating: C- Recommended: For recreational players           Royal Panda Sportsbook Review Royal Panda was originally set up nearly a decade ago…

LeoVegas Review

LeoVegas.com       Year established: 2016 Mobile compatible: Yes Jurisdiction: Malta Overall rating: C- Recommended: For recreational players           LeoVegas Sportsbook Review Leovegas started life primarily as an online mobile casino in 2012, and has…

BetStars Review

Betstars.com       Year established: 2016 Mobile compatible: Yes Jurisdiction: Isle of Man Overall rating: C- Recommended: For recreational players           BetStars Sportsbook Review Betstars, is the sports betting and casino branch of the well-known…

SportNation Review

Sportnation.bet       Year established: 2016 Mobile compatible: Yes Jurisdiction: United Kingdom Overall rating: C- Recommended: For recreational players           SportNation Sportsbook Review Sportsnation is a bookmaker relatively new to the gambling scene, launching in…

BazaBet Review

Bazabet.com.ua       Year established: 2017 Mobile compatible: Yes Jurisdiction: Ukraine Overall rating: C- Recommended: For recreational players           BazaBet Sportsbook Review Advantages: – More than 20 kinds of sports for betting; – Covers major…

The difference in handicap betting in different sports

Handicap betting is often seen as an advanced form of 1X2 or Money Line betting. Some bettors are put off because it seems complex but handicap betting offers a unique challenge by balancing the chances of either side winning a…

Assessing betting skill: Bayesian vs. Frequentist methods

At the most basic level, making money from betting requires two things. Skill and luck. Whilst many bettors fail to acknowledge the influence of the latter, measuring the former is also often overlooked. This article shows why it is important…

Visualising a bet: What does a betting edge look like?

All bettors want to make bets that give them a positive edge, but what does an edge look like? In his Betting Resources’ debut our Head of Analytics answers this enduring question with a unique approach: visualisation of value. Continue…

Becoming a profitable bettor: A question of luck or skill

Betting is about securing positive expected value to make a consistent profit. As part of that process, bettors must consider the influence randomness and luck have on the outcome of any given event. This article looks at whether becoming a…

How to make predictions with no data

The Mayweather vs. McGregor UFC-Boxing crossover has sports fans and bettors gripped for the simple reason that it has no precedent. This provides fertile grounds for debate and speculation but is a huge headache for anyone trying to predict the…

Is R the betting analysis tool of the future?

You might have heard of R, the increasingly popular statistical programming language widely used for data analysis, but how can it help you improve your betting? For that purpose, we interviewed our Sports Manager, Jonathan Belke. Read on to find…

Why patience is an essential trait for any serious bettor

Betting for a living is often romanticised as being about big-decision moments and the highs of pulling off life-changing wins. The reality couldn’t be more different. Bettors need to work hard, learn quickly and be disciplined in order to succeed.…

How to calculate Expected Value

The Expected Value of a bet shows us how much we can expect to win (on average) per bet, and as such is the most valuable calculation a bettor can make when comparing bookmakers odds. How can you calculate Expected…

Staking: One method to improve your betting

There is a strong case to suggest that the amount you bet is actually more important than what you bet on. We reviewed five popular staking methods. Continue reading to discover which is best. Professional blackjack player and author Ed…

What are the most common mistakes sports bettors make?

While Betting Resources aims to educate bettors about everything from the basics of betting to predictive models, some bettors still fall into the common traps that inhibit success. This article provides a basic explanation of the common mistakes bettors make…

Part one: Is there a magical betting formula?

David Sumpter, a professor of Applied Mathematics, has shown how soccer can be dissected and broken down into numbers, patterns and shapes in his book Soccermatics. Having already developed a betting model, he has now written a two-part article for…

Fan Sport Review

Fan-sport.com.ua       Year established: 2016 Mobile compatible: Yes Jurisdiction: Curacao Overall rating: B- Recommended: For recreational players           Fan Sport Sportsbook Review Fan Sport is a young company that has been successfully operating in…

LVbet Review

LVbet.com       Year established: 2016 Mobile compatible: Yes Jurisdiction: Malta & UK Overall rating: C Recommended: For recreational players           LVbet Sportsbook Review LVBet is a part of Fairload Ltd, a Malta based company,…

BetFirst Review

Betfirst.be       Year established: 2015 Mobile compatible: Yes Jurisdiction: Belgium Overall rating: C+ Recommended: For recreational players           BetFirst Sportsbook Review BetFirst’s slogan is ‘First in Fun. First in Cash’ which reads somewhat strangely…

21Bet Review

21Bet.co.uk       Year established: 2016 Mobile compatible: Yes Jurisdiction: Malta & UK Overall rating: C Recommended: For recreational players           21Bet Sportsbook Review 21Bet runs off a licence from the Malta Gaming Authority (MGA). The…

Melbet Review

Melbet.org       Year established: 2012 Mobile compatible: Yes Jurisdiction: Gibraltar Overall rating: C Recommended: For recreational players           Melbet Sportsbook Review Melbet Sportsbook is making waves in the gambling industry, broadcasting the best sporting events…

How often do you need to beat the closing line?

It is a common misconception that betting is all about results. The key to successful betting lies in finding value in the market and consistently beating the closing line. But just how often do you need to beat the closing…

Soccermatics: Mathematical modelling applied to soccer

Sports and maths are often labelled as separate entities, even though they complement each other in many different ways. This Soccermatics book review explains how David Sumpter uses mathematical modelling to bring the numbers and patterns buried within the sport…

OneHash Review

OneHash.com       Year established: 2014 Mobile compatible: Yes Jurisdiction: – Overall rating: C Recommended: For recreational players           OneHash Review Onehash is a fairly unique Bitcoin Sportsbook and betting platform. Instead of the usual set…

BetBaller Review

BetBaller.com       Year established: 2016 Mobile compatible: Yes Jurisdiction: Ireland Overall rating: C Recommended: For recreational players           BetBaller Sportsbook Review Betballer, formerly known as Flutterclub has undergone wide scale changes in recent times. In…

Tiplix Review

Tiplix.com       Year established: 2009 Mobile compatible: Yes Jurisdiction: Malta Overall rating: C Recommended: For recreational players           Tiplix Sportsbook Review Tiplix is a German online and physical betting shop that welcomes British customers. Formed…

Why do we gamble? Irrationality and overconfidence

For disciples of rational choice theory the business of gambling presents a headache. Supposedly individuals always make rational decisions by trying to maximise their advantage whilst minimising their losses. You wouldn’t pay €1,000 for a holiday if you thought it…

Basic bet types explained

Understanding basic bet types is vital for any punter to maximise their opportunity of making a profit. This article explains three basic bet types offered by Pinnacle; 1X—2€™, Handicap and Totals. Continue reading to learn more about the different basic…

How to choose a staking method based on your betting profile

To be profitable in the betting markets, a bettor needs two things: an edge over the bookmaker and a well-disciplined staking method. In this article, Joseph Buchdahl calculates the profitability and chances of bankruptcy for five different staking methods. Read on to…

How to bet on newly promoted teams

It might be obvious to say that soccer teams struggle with the jump in quality after winning promotion. However, being able to quantify those struggles could be beneficial to bettors. Analysing newly promoted teams’ results against “better quality” teams in…

Mobilebet Review

Mobilebet.com       Year established: 2014 Mobile compatible: Yes Jurisdiction: Malta & UK Overall rating: C+ Recommended: For recreational players           Mobilebet Sportsbook Review Mobilebet is licensed in Malta and operates from the EU’s smallest…

Sekabet Review

Sekabet.com       Year established: 2015 Mobile compatible: Yes Jurisdiction: Curacao Overall rating: C Recommended: For recreational players           Sekabet Sportsbook Review Sekabet is a Turkish based sports betting operator that specialises in Bitcoin payments, but…

Optibet Review

Optibet.com       Year established: 2008 Mobile compatible: Yes Jurisdiction: Malta Overall rating: C Recommended: For recreational players           Optibet Sportsbook Review Optibet is a current mainstay of the Baltic online gambling community, and has recently…

BetHard Review

BetHard.com       Year established: 2014 Mobile compatible: Yes Jurisdiction: Malta Overall rating: C Recommended: For recreational players           BetHard Sportsbook Review Bethard entered the betting industry in 2014, and are owned by Gormadan Solutions Ltd,…

Galaxy Sports Review

GalaxySports.com       Year established: 1997 Mobile compatible: Yes Jurisdiction: Costa Rica Overall rating: B Recommended: For recreational players           Galaxy Sports Review Galaxy Sportsbook and Casino is located in San Jose Costa Rica. Galaxy was…

America’s Bookie Review

AmericasBookie.com       Year established: 2004 Mobile compatible: Yes Jurisdiction: ? Overall rating: D+ Recommended: For recreational players           America’s Bookie Sportsbook Review America’s Bookie is a world-class online sports book. When you wager with America’s…

HRWager Review

HRWager.ag       Year established: 2012 Mobile compatible: Yes Jurisdiction: Costa Rica Overall rating: C- Recommended: For recreational players           HRWager Sportsbook Review   Advantages: – Accepts players from the United States; – Sports betting on…

BetAnySports Review

BetAnySports.eu       Year established: 2001 Mobile compatible: Yes Jurisdiction: Costa Rica Overall rating: B+ Recommended: For recreational players           BetAnySports Sportsbook Review BetAnySports might be an unfamiliar name, but you can rest assured of the…

BetNow Review

BetNow.eu       Year established: 2016 Mobile compatible: Yes Jurisdiction: Curacao Overall rating: C Recommended: For recreational players           BetNow Sportsbook Review Registered in Curacao, BetNow is an independent bookmaker that begun life in 2016. As…

SkyBook Review

SkyBook.ag       Year established: 1998 Mobile compatible: Yes Jurisdiction: Costa Rica Overall rating: B- Recommended: For recreational players           SkyBook Sportsbook Review In the 1990s Skybook was a reputable North America sportsbook, indeed it was…

BetMania Review

BetMania.ag       Year established: 2004 Mobile compatible: Yes Jurisdiction: Costa Rica Overall rating: B- Recommended: For recreational players           BetMania Sportsbook Review Betmania offers players the opportunity to play a Sportsbook, Casino and Racingbook array…

BetPhoenix Review

BetPhoenix.ag       Year established: 2006 Mobile compatible: Yes Jurisdiction: Costa Rica Overall rating: B- Recommended: For recreational players           BetPhoenix Sportsbook Review In San Jose, Costa Rica BetPhoenix was founded in 2006 and is the…

Arbitrage vs. Value Betting – Exposing misconceptions

As Pinnacle’s Director of Trading my job is to manage risk, and the same should be true for every bettor out there trying to make money. I love reading about how bettors approach risk and bankroll management and was inspired…

4 betting lessons from Sir Alex Ferguson

With the release of his latest book, Leading, Sir Alex Ferguson took a step back from soccer memoirs to reveal the secrets of his winning ways in the 38 years he spent managing Manchester United and Aberdeen. What are his secrets…

Surviving in the shark tank

Pinnacle has been successfully operating a unique high volume, low margin, winners welcome model since 1998. We are often asked why this approach hasn’t been successfully copied. The fascinating answer I got back from our Trading Director is both an…

All you need to know to beat the bookies

The principle of value betting is not to bet when you think you will win, but when the probability of you winning is greater than that implied by the bookmaker’s odds. To be a profitable bettor means that your judgement…

How to test the credibility of a tipster’s record

For those of us who use tipsters to find positive expectation there are two important questions. Is the tipster lucky or skilled?  And is the track record genuine? We have previously investigated how to evaluate a tipster’s ability and how to…

1xBit Review

1xBit.com       Year established: 2016 Mobile compatible: Yes Jurisdiction: Curacao Overall rating: B Recommended: For recreational players (Cryptocurrency Bookmaker)           1xBit Sportsbook Review Launching in 2016, as a subsidiary of 1xBet, 1xBit utilises the rising demand…

Coliseumbet Review

Coliseumbet.com       Year established: ? Mobile version: yes Jurisdiction: Costa Rica Overall rating: C- Recommended: For recreational players           Coliseumbet Sportsbook Review   Advantages: – Wide range of markets and leagues; – Quality live betting section;…

VulkanBet Review

Vulkanbet.com       Year established: 2015 Mobile compatible: Yes Jurisdiction: Malta Overall rating: D+ Recommended: For recreational players           VulkanBet Sportsbook Review Vulkanbet is an online Casino and Sportsbook, opened in 2015 and headquartered in Malta…

BetFinal Review

Betfinal.com       Year established: 2015 Mobile compatible: Yes Jurisdiction: Curacao Overall rating: С Recommended: For recreational players           BetFinal Sportsbook Review Betfinal joined the online bookmaker industry in 2015, and is owned by Final Enterprises…

SunBets Review

Sunbets.co.uk       Year established: 2016 Mobile compatible: Yes Jurisdiction: United Kingdom Overall rating: С+ Recommended: For recreational players           SunBets Sportsbook Review The product of a partnership between News UK and Tabcorp Sun Bets has…

Inside a sports hedge fund

The Holy Grail for bettors is generating a regular income from their activities. Professional bettors are a small and exclusive group, understandably reluctant to share their insight. Despite this, we managed to speak to an insider in the niche business of a…

The history of lotteries

The dream of winning the lottery has been an integral part of human history throughout the ages. Politicians, philosophers, emperors and – last but not least – lottery winners, have all profited in different ways. But who invented the lottery…

Why information is more valuable than soccer betting tips

Knowing about something before anyone else is the key to successful betting. Instead of wasting time with soccer betting tips, smart bettors will collate as much information as possible, analyse the impact it could have on the market and then…

What is survivorship bias?

With success stories of professional bettors living the good life all over the internet, how easy is it to get consistent profits in the sports markets? Joseph Buchdahl, who has evaluated over 100 tipsters in his career as a betting…

The search for truth: Signal vs. noise

Opinion is free, but information is very expensive, which is a harsh reality for bettors who derive an edge from reacting to news before the odds do. In an ever-more digitally connected world the volume of free opinion is rising…

The law of small numbers in sports betting

The law of small numbers is a cognitive bias where people show a tendency to believe that a relatively small number of observations will closely reflect the general population. Read on to test your logical powers with the hospital quiz…

Bitcoin Rush Review

Bitcoinrush.io       Year established: 2013 Mobile compatible: Yes Jurisdiction: Panama Overall rating: B- Recommended: For recreational players (Bitcoin exclusive sportsbook)           Bitcoin Rush Sportsbook Review Bitcoin Rush is a relatively well established bitcoin betting platform…

Lunarbets Review

Lunarbets.eu       Year established: 2016 Mobile compatible: Yes Jurisdiction: United Kingdom Overall rating: C- Recommended: For recreational players (Bitcoin exclusive sportsbook)           Lunarbets Sportsbook Review   Advantages: – New bitcoin sportsbook; – Emphasis on anonymous…

BetBTC Review

BetBTC.co       Year established: 2015 Mobile compatible: Yes Jurisdiction: Costa Rica Overall rating: C- Recommended: For professional players (Betting Exchange)           BetBTC Review BetBTC allows new users two immediate options; to create an account or to…

Fairlay Review

Fairlay.com       Year established: 2014 Mobile compatible: Yes Jurisdiction: – Overall rating: C- Recommended: For professional players (Prediction Market / Betting Exchange)           Fairlay Review   Advantages: – Fairlay is one of the largest bitcoin-only prediction…

Coinbet24 Review

Coinbet24.com       Year established: 2015 Mobile compatible: Yes Jurisdiction: Curacao Overall rating: C Recommended: For recreational players (Bitcoin exclusive sportsbook)           Coinbet24 Sportsbook Review   Advantages: – Large selection of sports markets; – Good live betting…

Anonibet Review

Anonibet.com       Year established: 2011 Mobile compatible: Yes Jurisdiction: – Overall rating: C+ Recommended: For recreational players (Bitcoin exclusive sportsbook)           Anonibet Sportsbook Review Anonibet is a sports betting operator that specialises in Bitcoin payments and,…

JetWin Review

JetWin.com       Year established: 2013 Mobile compatible: Yes Jurisdiction: None listed Overall rating: C+ Recommended: For recreational players (Bitcoin exclusive sportsbook)           JetWin Sportsbook Review Jetwin Sportsbook and Casino has burst onto the since as…

Sportsbet.io Review

Sportsbet.io       Year established: 2016 Mobile compatible: Yes Jurisdiction: Curacao Overall rating: C+ Recommended: For recreational players (Bitcoin exclusive sportsbook)           Sportsbet.io Review Sportsbet.io is one of the most established and legitimate bitcoin betting sites…

YouWager Review

Youwager.eu       Year established: 1994 Mobile compatible: Yes Jurisdiction: Costa Rica Overall rating: B Recommended: For recreational players           YouWager Sportsbook Review YouWager has a rich sportsbook history. The first thing players will notice as…

DirectBet Review

DirectBet.eu       Year established: 2013 Mobile version: no Jurisdiction: Malta Overall rating: C Recommended: For recreational players (Bitcoin exclusive sportsbook)           DirectBet Sportsbook Review DirectBet does not force users to create an account. Users can…

BetCRIS Review

Betcris.com       Year established: 1985 Mobile compatible: Yes Jurisdiction: Costa Rica Overall rating: A Recommended: For recreational players           BetCRIS Sportsbook Review BetCRIS is not a well known name in the UK or much of…

BetCoin Review

BetCoin.ag       Year established: 2013 Mobile compatible: Yes Jurisdiction: Costa Rica Overall rating: C+ Recommended: For recreational players (Cryptocurrency sportsbook)           BetCoin Sportsbook Review Betcoin.ag is a cryptocurrency focused online betting platform. It accepts not…

BetDSI Review

BetDSI.eu       Year established: 1998 Mobile compatible: Yes Jurisdiction: Costa Rica Overall rating: A- Recommended: For recreational players           BetDSI Sportsbook Review BetDSI is a part of the Diamond Sportsbook International Online. Since 1998 it…

Nitrogen Sports Review

Nitrogensports.eu       Year established: 2012 Mobile compatible: Yes Jurisdiction: Costa Rica Overall rating: B+ Recommended: For recreational players (Bitcoin exclusive sportsbook)           Nitrogen Sports Review Nitrogen Sports is one of a new wave of Bitcoin…

BetOlimp Review

BetOlimp.com       Year established: 2015 Mobile compatible: Yes Jurisdiction: Malta Overall rating: C Recommended: For recreational players           BetOlimp Sportsbook Review Online betting operator BetOlimp is new to the scene and started out from its…

SBG Global Review

Sbgglobal.eu       Year established: 1996 Mobile compatible: Yes Jurisdiction: Costa Rica Overall rating: D+ Recommended: For recreational players           SBG Global Sportsbook Review Based offshore SBG Global begun life in 1996 and got its name from…

Applying behavioural economics in sports betting

Do odds represent true probabilities of an event? A leisurely stroll in the library and the discovery of a highly cited academic book is what put Dominic Cortis on the quest to discover why odds deviate from actual results. Read…

The Gambler’s Fallacy & law of large numbers

The Law of Large Numbers was established in the 17th century by Jacob Bernoulli showing that the larger the sample of an event – like a coin toss – the more likely it is to represent its true probability. Bettors…

Optimism bias in betting

We have all dreamt of being rich and this is one reason why people buy lottery tickets, even if the odds of scooping the jackpot are depressingly low. But how low are the odds exactly and what can you do…

Are winning streaks in sports betting real?

The term “hot hand” originates from basketball, where a player’s probability of hitting a free throw is believed to be higher after a hit than a miss on the previous shot. In sports betting scenarios, the term is used to…

The hindsight bias effect in sports betting

Research in neuro-economics, the science that seeks to explain human decision-making, has shown that money-making experiences are processed by the brain in the same way as chemically-induced highs, while financial losses are handled as if mortal dangers. So what can…

Predictive skills – Are you a Fox or Hedgehog?

It’s unlikely that you have ever wondered whether you are more like Fox or a Hedgehog. Important scholars stretching back to the Grecians have, however, used this animal analogy to characterise important traits that illustrate the way we think and…

The difference between sports and sports betting

One of the most common betting mistakes is to confuse specialist knowledge in sports with a specialty in sports betting. This error is illustrated by the proliferation of ex-professional sports stars that become betting tipsters or self-proclaimed experts, and is…

How confirmation bias affects your betting

When was the last time you decided to bet on a team, but found new information and decided to back their opponent? If you don’t do this very often, it could be because you’ve become a victim of “confirmation bias”,…

Why players perform better when they’€™re losing

Whether a golfer, soccer player or tennis star, professional sportsmen hate to lose. That’s obvious. But did you know that athletes actually perform better in situations where they are striving to avoid defeat, rather than if they were just aiming…

Are winning streaks caused by great skill or good luck?

There’s no doubt the best sports stars are defined by their ability to consistently avoid defeat: Roger Federer at Wimbledon, Jose Mourinho at home and Floyd Mayweather in the ring. But are these sprees caused by great skill – or…

Understanding the Halo Effect

Many people bet intuitively. They rely on what they know or feel about a particular team or player to make an on-the-spot assessment of their chances of success. While intuition is reliable at instantly working out if someone is angry…

The dangers of weighting probability from intuition

Do you know why betting on your favourite team is a bad idea? It’s for the same reason lotteries are so popular and people find judging the likelihood of rare events, like a hole-in-one, so difficult. It comes down to…

Guarding against the dangers of superstition

People are prone to misinterpreting a sense of control in situations that are inherently random, uncontrollable or unpredictable. This illusion of control is especially pertinent to gambling, and should therefore be something that all bettors understand and try to guard…

The Monty Hall Problem: knowing when the odds are against you

The Monty Hall problem is a prime example of how, when presented with the simple challenge of selecting one favourable outcome against two unfavourable outcomes, we display a basic inability to correctly weigh up the chances of success. This is…

Why bettors should understand heuristics

A lot of gamblers trust gut instinct to bet without realising that relying on ready made rules of thumb – known in psychology as heuristics – can lead to poor decision making. Find out what the most common heuristics are…

The effect of the tournament format on the odds

Whether it is the tennis Australian Open or the baseball World Series, the outright odds are the market that number one bettors look at the outset of a competition to assess the strength of the contenders. With the tournament design…

How to calculate profits with different odds formats

The format for betting odds can vary depending on which part of the world you live in. The two most common options used are Decimal and American odds. But what is the difference, how do you calculate returns for each…

How do betting odds work

With a large number of bookmakers claiming to offer the best odds and an equally large number of websites comparing betting odds, are you really getting the best deal? In this simple guide we explain how odds work to help…

Profitable betting: From chance to choice

Gambling is one of the world’s oldest pastimes. Having started as entertainment back in the ancient times, betting outcomes were perceived as no more than a whim of the gods. Gambling has now transformed to the most extraordinary way to…

How to convert between Decimal & American odds

Depending on which part of the world you are from, you are likely to be comfortable seeing odds in a certain format. With an abundance of online convertors available, have you ever wondered how you can easily convert decimal to…

Three careers ideally suited for betting

There are three established professions which share the attributes required for successful betting. If one of this trio is your current day job, you have a head-start in turning a profit as a part-time punter. Equally, aspiring bettors looking for…

The ultimate guide to evaluating betting tipsters

Betting tipsters often promise high strike rates that will win you a fortune. Although the promise of big profits is alluring, how can you tell the difference between a profitable tipster and a salesman. Read on to find out the…

Arbitrage betting explained

Arbitrage betting is when a bettor uses a system that exploits differentials in odds for a specific market at two or more bookmakers. It guarantees the bettor a profit, as the combined odds produce a negative margin -€“ a margin…

Staking: One method to improve your betting

There is a strong case to suggest that the amount you bet is actually more important than what you bet on. We reviewed five popular staking methods. Continue reading to discover which is best. Professional blackjack player and author Ed…

How Pinnacle’s API can improve your betting

Pinnacle is renowned for offering great value and unbeatable odds. Additionally, there is another equally important, but lesser known free service we provide that offers bettors a potentially huge advantage – a betting API. Read on to find out the…

Betting exchanges explained

Betting exchanges offer bettors an alternative to the traditional bookmaker with the promise of better value, but how do they work and what are the hidden costs you should be aware of before deciding that they are the best deal…

The role of utility in profitable betting

To win in sports betting you need a betting strategy with a positive expected value, i.e. an estimation of your average winnings per bet. But how much capital should you risk per bet to achieve maximum profits? For this, you…

How to beat the bookies in the Over/Under market

With a large number of soccer bettors looking for more profitable markets than 1X2, where a lack of scoring or a late equaliser can turn even the best betting judgments into losing bets, here’s a simple guide on how to…

Why do bookmakers close or limit betting accounts

With more and more cases of winning bettors complaining about having their accounts closed or severely restricted by leading bookmakers, what are the reasons behind this off-the-record practice? Read on to find out what can get your betting account closed…

A guide to hedging outright markets in sports betting

From the world of finances to casino games, hedging is a key strategy applied across the board by professional bettors as a means of reducing risk and securing winnings. Here’s how to use hedging in the outright sports betting markets…

How to calculate margins on soccer betting odds

The margin a bookmaker applies on the betting odds is the number one information a bettor should know in order to increase long-term profits, with lower margins favoring the bettor and larger margins eating into betting profits. Here’s a simple…

Understanding the significance of market movement

Understanding the significance of market movement is a vital betting strategy for bettors who hope to predict the winner of a sporting event. By taking notice of the odds movement at Pinnacle, bettors are on the right track to becoming…

The need for a Bayesian approach in betting

Following the Copa America this year, Dominic Cortis became the witness to two stunning statistical events. During this tournament, Mexico broke two records. Read on to find out how these records were conflicting in nature and what that means for…

How to use Kelly Criterion for betting

Bettors should always look for a mathematical edge rather than rely on their impulses. Learning how to use the Kelly Criterion, for example, is a great way for bettors to determine how much they should stake. Read on to find…

Soccer handicap betting explained

Find out the meaning of soccer handicap betting, how it works and the different types of soccer handicap betting markets. In soccer as is an all competitive sports there is normally a difference in perceived quality of the opposing teams; the…

Why free bets are not free

When looking to join a betting site, one of the criteria that inexperienced bettors often use to guide their choice is the sign-up incentive. Free bets may seem like a good reason to choose a bookmaker, but what is the…

Why are betting tipsters underperforming

From finances to sports, betting is a mixture of skill and luck. The key to long-term success is not to pick winners, but to find value and make consistent profits. Betting tipsters often promise high strike rates, but can they…

The ultimate guide on backing outsiders

The tendency to overvalue “longshots” and undervalue favourites is widely known in the world of sports betting and finances as the favourite-longshot bias. Learn what it is, how bookmakers take advantage of it and what you can do to survive…