Gamebookers. One of BA's fave bookies for years, rated by us among the likes of Bet365 and Pinnacle. Nice bonuses, but more important is a wide range of betting options and event, and good odds!
Pinnacle is a well-respected licensed and regulated offshore bookmaker, accepts high limits (check limits here),
has got a truly great range of American sports events and tennis, and also a fair number of events in soccer. They also offer 10% bonus up to 500$, for deposits over 250$.Grab it here! Pinnacle is highly recommended by Bettingadvice!
Must-have bookie!!
Bet365
This HIGHLY recommended bookmaker has grown in popularity since its launch in 2001 due to it's ease of use and variety of markets. Infact, they have grown immensly, and is now among the biggest bookies in the business. Bet365 offers prices on most European and American leagues as well as a plethora of other sports. One of BA's most used bookies, alongside Pinnacle and Gamebookers, due to their superb number of events, and excellent allround capabilities. Bet365 features in-running betting for fixed odds and asian handicap on televised games. Everyone who opens a new account can also help themselves to a FREE £20 bet...Get your BET365 account and read more here
What
is valuebetting ?
Value betting is the art of strictly mathematic betting.
When you bet on value, you don't pay attention to criteria like league
table, form, history, injuries, etc. The "normal" way of
betting is first finding an object you believe in, then check if the
odds is allright. Valuebetting requires another way of thinking. In
fact, valuebetting is the opposite of conventional betting. It's not
about picking objects, but picking odds !! This means that you don't
nescessarily have to believe in the team you put your money on. As
long as the odds presented are better than the strictly mathematical
chance your team has of winning the game, it's a valuebet.
Finding
the value.
Is an object with value typically an object with odds more than 3.5 or
so ? No, an object can be a valuebet with odds of just 1.30, or 1.20.
It all depends on what you think is the objects chance of winning the
game. If you think a team has got 50 % chance of winning the game,
odds above 2.0 represents value. If you think the team has only got a
40% chance, it's no longer a valuebet (with odds =2.0).
Objects with good value are objects which will give you a positive
payoff over time.
So if Sheff. Wed has got 10.0 for a win at Old Trafford, it is a
valuebet if you think Wednesday will win more than 1 out of 10 similar
games.
The formula for finding an objects value is:
Percentage is your subjective opinion on the object's chance of winning the event.
If the result of the above calculation is a number greater than 1.0
the bet is a value bet. If it's below 1.0 it's not a valuebet, but it
can ofcourse still be a good bet.
Big favourites are rarely good objects for valuebets, due to the
bookies' fear for large payouts if the favourites should win. Big
names like Man Utd, Juventus, Inter, Milan, Barcelona, Bayern Munich,
are rarely given good prices by the bookies, because the bookies
know that the common punter bet on the big names (as they often seem
to win their games, and they have a huge following).
As a result of the above, real value is often found in the form of
underdogs. The bookies know that punters are more likely to bet on
favourites, and therefore prices are generally higher on underdogs.
Patience is the key to success when betting on value. Do not alter
your strategy if you loose several times in a row. The point is that
when you win, your net winnings will outweigh your total losses.
Valuebetting could be a good strategy in the beginning and the end
of a season. Results are often more unpredictable in the first and
last quarter of the season, and punters should perhaps make use of
this "fact" by adopting to the valuebetting strategy
during early authumn and late spring.
Stake
determination
Once you've found a good valuebet, you need to determine how much of
your funds you should bet on this object. There are several criterias
who can help you to determine your stake, and to help you place your
bets in a certain system. More about this under the "Money
Management"-section.
John L. Kelly is a famous name within the gambling business.
His theory and formula will find an optimal stake for your bet if you
can determine a correct as possible probability for the outcome of an
event.
The formula looks like this:
A = P - (1-P)
--------
odds - 1
A = Advantage (this represents the % of your betting fund to place on
the event)
P = Probability (in decimals) for an outcome (your subjective opinion)
If you have found an object with odds 2.0, and you find the
probability for a given outcome of this event to be 55%, Kelly's
formula can optimize your stake on this event.
Looking to the formula above, P in this example equals 0.55. The
result of the calculation gives A= 0.1
This means that you should bet on this object with a 10% stake of your
total funds. Nothing more and nothing less.
If you are too optimistic in your probability analysis (e.g you think
the object has got a 60% chance, when the correct probability should
be 55%), you will loose money !!
This is due to the fact that Kelly's formula creates an optimized
stake if you know your own predicting accurracy. If you are too
optimistic you will loose money. If you are too pessimistic in your
probability determination, you will win money, but not as much money
as you would if you where betting with flat stakes (you will get a
reduced payoff, but still win money).
The conclusion is: Being pessimistic when
determining subjective probabilities for an outcome is much better
than being too optimistic.
Looking for a bookie?
Check out BA's Recommended bookies section and pick up a few tips
5DIMES
Fantastic offers and odds, espescially for US sports like baseball, basket and hockey. Superb customer service, reliable payouts, known to accept BIG wagers. A sportsbook in the Pinnacle mould
Let me try 5Dimes!
GAMEBOOKERS
- owned by the Partygaming group, a very solid and trustworthy bookie. Offer great odds, and a nice 100% up to 30 EUR bonus!
Gimme 100% bonus!
PINNACLE:
Likely the best bookie around. Amazing limits, FAST payouts, and BEST odds.
You need an acccount here
Agree, I need Pinny
BET365
Very good English bookie. Superb limits, very varied betting offer, and a crowd favurite.
BET365Sure, I'll visit BET365
EXPEKT
is one of Europe’s leading gaming companies offering sports betting, poker, casino, bingo and games.
Go to www.expekt.com and get your 100% bonus now!
I'll try Expekt!
