Archive for July, 2008

What is arbitrage betting?
Betting arbitrage, also known as surebets, or sports arbitraging, is a particular case of arbitrage arising in sports betting due to either bookmaker’s different opinions on event outcomes or plain errors. Arbitrage betting is a market phenomenon caused by bookmaker differentiation when offering odds on a certain match. Arbitrage betting is both […]

There are many myths and superstitions surrounding roulette. And that is the case of every casino game. These stories might be fascinating, but not all are true. So you should be careful. Here you can find a list of the most famous roulette myths and superstitions.
Jagger’s (unbalanced) wheel
Since Jaggers discovered the unbalanced wheel many […]

Here is one of the most useful tips a casino player can get. If you want to become a successful gambler, playing for free is essential and there are many benefits a player can get by taking advantage of this opportunity.
Playing for free before using real money is, maybe, the best thing you can […]

A more subtle version of the fallacy is that an “interesting” (non-random looking) outcome is “unlikely” (for instance, that a sequence of “1,2,3,4,5,6″ in a lottery result is less likely than any other individual outcome). Even apart from the debate about what constitutes an “interesting” result, this can be seen as a version of the […]

Also known as the Monte Carlo fallacy, or the fallacy of the maturity of chances, the gambler’s fallacy is the false belief that the probability of an event in a random sequence is dependent on preceding events, its probability increasing with each successive occasion on which it fails to occur.
Thus if black has come up […]

A betting strategy or betting system is a structured approach to gambling, with a predefined set of actions for bet sizing and timing. Betting strategies are typical in any activity in which money is risked but where the participant has little influence on events with their power limited to the sizing and timing their wagers, […]

Mobile gambling refers to gambling done on a remote wirelessly connected device. These devices can include wireless tablet PC’s, mobile phones and other non traditional mid-level networked computing devices. Some online casinos and online poker cardrooms offer mobile options.
Most mobile gambling services require a data connection to operate. The data connection is provided by the […]

Spread betting is any of various types of betting on the outcome of an event, where the pay-off is based on the accuracy of the bet, rather than a simple “win or lose” outcome, which is known as money-line betting. A spread is a range of outcomes, and the bet is whether the outcome will […]

In this article you will find the basics for sports gambling money lines.
Money lines are generally used by American bookmakers and are very common in baseball and in hockey, but you will also find them in both football and basketball listed in addition to the normal point spreads.
Sports gambling money lines indicate the odds (line) […]

Many bookmakers offer several alternative bets, including the following:
Proposition bets. These are wagers made on a very specific outcome of a match. Examples include guessing the number of goals each team scores in a soccer match, betting whether a wide receiver in a football game will net more or less than a set amount of […]