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Author: SportStatist
Who is responsible for the favourite-longshot bias?
Flip a house, make a bet: Real estate vs. betting
Sports betting explained: How to bet on sports
What is sports betting? How are odds and payouts calculated? How do bookmakers work? Read on to discover everything a beginner needs to know about betting on sports. What is sports betting? Sports betting involves staking on the outcome of sporting events. Bettors attempt to predict the result of an event in order to…
How to model your range of possible betting returns
Walking back betting markets
Using the closing line to test your skill in betting
What can sports bettors learn from economic bubbles?
The subprime mortgage bubble is just one example of irrationality within a market leaving opportunities for a small group of investors. Have we ever seen a similar bubble in a betting context? Why can preventing information signalling cause market Inefficiency? Read on to find out. What is a bubble? A…
Using push and pull spots in betting
Should you stop thinking about bankroll management?
A comparison of level and percentage staking
In this article level and percentage staking strategies are compared. Which staking method produces the superior expected yield? How do the yield distributions contrast between the two? Read on to find out. Pinnacle’s Betting Resources has previously compared and contrasted a number of different staking strategies. I’ve looked at the expected profitability and risks…
The power of “if-then” in betting
Beating the market: Is it possible to be a profitable bettor?
Becoming a profitable bettor is a very difficult task. The market is efficient and information advantages erode rapidly, not unlike the stock market. Is it possible to become a profitable bettor? What should bettors learn from underperforming hedge fund managers? Read on to find out. What is the efficient market…
Kwiff Review
Visit Kwiff >>> Year established: 2015 Mobile compatible: Yes Jurisdiction: United Kingdom Overall rating: A- Recommended: For recreational players Kwiff Sportsbook Review Kwiff is a new and modern bookmaker with a primary focus on mobile sports betting through its beautifully made IOS and Android apps. The site is definitely one…
W88 Review
w88.com Year established: 2013 Mobile compatible: Yes Jurisdiction: Philippines & UK Overall rating: С+ Recommended: For recreational players W88 Sportsbook Review W88 is a European bookmaker offering sports and casino betting services to a growing customer base. Based in the UK. it is the proud sponsor of Wolverhampton Wanderers and…
Sunmaker Review
Sunmaker.com Year established: 2004 Mobile compatible: Yes Jurisdiction: Malta Overall rating: C Recommended: For recreational players Sunmaker Sportsbook Review Sunmaker is a European focused bookmaker offering a range of sports betting, casino and live casino service to customers. The site is part of the PlayCherry group, and is fully licensed…
Legolas Review
Legolas.bet Year established: 2018 Mobile compatible: Yes Jurisdiction: Malta Overall rating: C- Recommended: For recreational players Legolas Sportsbook Review Legolas is one of the newer Casino turned Sportsbook to enter the online betting space. It is a fully licensed and regulated for offering betting services, being covered under the Malta…
BlackBet Review
Blackbet.co.uk Year established: 2017 Mobile compatible: Yes Jurisdiction: United Kingdom Overall rating: C Recommended: For recreational players BlackBet Sportsbook Review BlackBet is one of the newer British bookmakers to hit up the online sports betting scene, launching in 2017. The small team – 13 people – is growing rapidly, with…
EasyBet Review
Easybet.com Year established: 2018 Mobile compatible: Yes Jurisdiction: Curacao Overall rating: C- Recommended: For recreational players EasyBet Sportsbook Review Advantages: – Sportsbook and online casino games are offered; – Most major sports and many other sports and events offered; – Multiple football match betting markets; – A varied range of…
Revisiting randomness in betting
Cash Out betting: What should bettors know about Cash Out?
Do you know how difficult betting is?
How to solve a problem like efficiency: Part two
Part one of this article reviewed a study into the efficiency of Pinnacle’s odds and explained how to model market efficiency. Now, Joseph Buchdahl has looked into how odds movement and analysing bettors’ anchoring bias can provide more insight into just how efficient Pinnacle’s odds are. Read on to find…
How to solve a problem like efficiency: Part one
Anyone who is interested in assessing whether their predictions are accurate enough to consistently beat the betting market will have likely heard of using the Pinnacle closing line. How efficient are Pinnacle’s odds and how can you model market efficiency? Read this article to find out. Pinnacle’s Head of Trading…
What are drawdowns and how do you manage them?
Why it’s important to think about the future of betting
Why bettors need to learn how to lose
Good and back luck: The thin line of expectation
Fractional odds vs. Decimal odds
There are three main odds formats available to bettors; Fractional odds, Decimal odds and American odds. Fractional odds have historically been used in the UK but Decimal odds are arguably the most popular format. How do you convert Fractional odds into Decimal or American? Read on to find out. It might…
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 bettors do to increase their chance of profitable survival while…
Betting odds explained: How to calculate odds
Odds are only a representation of something more important – probability. Getting a handle on how to calculate probability and convert it into decimal odds is the first step in developing your own assessments of betting value. There is a conversation that all seasoned bettors will have had numerous times…
How handicapping into buckets can help with betting
Have you considered handicap betting into buckets? Not familiar with this concept? Adam Chernoff breaks down this unquie betting strategy to offer bettors a more methodical approach when it comes to betting on the Handicap. Read on to inform your handicap betting knowledge. How handicapping into buckets can help with…
The hot hand just got hotter
The Pareto Principle applied to betting
What is the Fibonacci betting system?
Progressive betting systems aren’t the most glamorous form of soccer betting, but some people claim they can make big profits. We investigated the Fibonacci betting system to see whether the returns were worth the risks. The essence of the Fibonacci Strategy for soccer betting – published in 2007 by Fragiskos Archontakis…
Using the Monte Carlo method to analyse your betting history
Following the discussion of Randomness in sporting outcomes, Joseph Buchdahl is taking the analysis of the factor of luck to the next level. Find out how randomness can influence your betting performance and how you can measure it by using Excel. The Monte Carlo method relies on repeated random sampling…
SportChamps.com.au Review
SportChamps.com.au Year established: 2017 Mobile compatible: Yes Jurisdiction: Australia Overall rating: C- Recommended: For recreational players SportChamps.com.au Review Born from a dream to give punters a platform that combined their two specialties (no, not eating pizza and missionary position) – winning cash and talking trash, SportChamps has quickly become Australia’s…
123bet Review
www.123bet.com Year established: 2014 Mobile compatible: Yes Jurisdiction: USA Overall rating: C- Recommended: For recreational players 123bet Review 123bet is a fully legal US licensed and regulated live betting website for horseracing and live horseracing video streaming for thoroughbred, quarter-horse and harness racing at hundreds of racetratracks and raceways throughout…
Interbet Review
Interbet.com Year established: 2018 Mobile compatible: Yes Jurisdiction: Malta & UK Overall rating: C- Recommended: For recreational players Interbet Sportsbook Review InterBet is a new bookmaker offering both Sports and Casino services, launching in 2018 with a focus on aiming to deliver a fun, fair and regulated online experience to…
GiveMeBet Review
Givemebet.co.uk Year established: 2018 Mobile compatible: Yes Jurisdiction: United Kingdom Overall rating: C Recommended: For recreational players GiveMeBet Sportsbook Review GiveMeBet knows Sports. The bookmaker is part of the Argyll group who own a range of smaller bookmakers across Europe, and has been operating under the UK Gambling Commission for…
Goliath Review
Goliathcasino.com Year established: 2018 Mobile compatible: Yes Jurisdiction: Malta Overall rating: C- Recommended: For recreational players Goliath Sportsbook Review Goliath has launched into the online sports betting stratosphere in late 2018, being part of Aspire Global International LTD, who own several of the smaller online bookmakers. The software on the…
PWR.bet Review
PWR.bet Year established: 2018 Mobile compatible: Yes Jurisdiction: Malta & UK Overall rating: C- Recommended: For recreational players PWR.bet Sportsbook Review PWR.bet is registered and regulated in Malta by the Malta Gaming Authority, launching in 2018 as a modern and mobile friendly focused bookmaker. The site heavily advertises betting through…
Volt Sports Review
Voltcasino.com Year established: 2018 Mobile compatible: Yes Jurisdiction: Malta & UK Overall rating: C- Recommended: For recreational players Volt Sports Review Volt Sports, also known as Volt Casino, has recently expanded into offering online Sports Betting to both new and existing customers, previously having only offered an online casino experience….
BetUK Review
Visit BetUK >>> Year established: 2018 Mobile compatible: Yes Jurisdiction: United Kingdom Overall rating: A Recommended: For recreational players BetUK Sportsbook Review BetUK is one of the newer bookmakers to hit the UK online sports betting scene, offering a sports betting and casino services to customers, with some notable exceptions…
Star Sports Review
Starsports.bet Year established: 1999 Mobile compatible: Yes Jurisdiction: United Kingdom Overall rating: C- Recommended: For recreational players Star Sports Sportsbook Review Star Sports, formerly know as Star Racing, launched in 1999 and has been catering to UK punters as part of a continuous and stable expansion up to the present…
Pin-Up Review
Pin-up.bet Year established: 2018 Mobile compatible: Yes Jurisdiction: Curacao Overall rating: C- Recommended: For recreational players Pin-Up Sportsbook Review Pin-up is an online sportsbook and casino that offers a wide selection of eSports games, virtuals, casino games, live casino and promotions. The platform provides users with an easy to use…
KTO Review
kto.com Year established: 2018 Mobile compatible: Yes Jurisdiction: Curacao Overall rating: C Recommended: For recreational players KTO Sportsbook Review KTO is a very new bookmaker, launching in 2018, which is registered, licensed and regulated in the jurisdiction of Curacao, which is pretty respectable regulatory bodies go. The Nordic bookmaker aims…
Forzza Review
Forzza.com Year established: 2018 Mobile compatible: Yes Jurisdiction: Curacao Overall rating: C- Recommended: For recreational players Forzza Sportsbook Review Forzza launched its online sports and casino betting services only last year in 2018, offering a fully mobile friendly site for customers to get those bets on at any time, wherever…
Betmaster Review
Betmaster.com Year established: 2016 Mobile compatible: Yes Jurisdiction: Curacao Overall rating: C- Recommended: For recreational players Betmaster Sportsbook Review Betmaster is an online gambling platform that allows users to wager on sports, esports, virtual games, and a variety of casino games. The selection of markets and competitive odds make it…
Sportsbook.ag Review
Sportsbook.ag Year established: 1996 Mobile compatible: Yes Jurisdiction: Antigua & Barbuda Overall rating: C- Recommended: For recreational players Sportsbook.ag Review Sportsbook.ag apparently launched in the online bookmaker space in 1996, offering both Sports Betting and Casino services to customers across the world. Notable to bookmaking companies, they claim to be…


















