Value bets are where you estimate the actual chance of an event and make bets that return Expected Value. This is the more sophisticated method that involves much learning and analysis, but can produce profits in the long run. Consider this example. If Crazy Man’s “heads” +105 and “tails” -102 odds are good, bets on “heads” are better value. Identifying Overpriced Odds Value betting differs from sports bets that are typically emotional and personal in that they offer objectivity and reliability. Valuation betting lets you exploit chances to tip the…
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The Impact of Social Media on Betting
Modern social media provides bettors with access to an abundance of real-time data and trends, from expert tips to in-depth analyses – all available at the click of a button. The study assessed the effectiveness of using social media to spread safer gambling messages. Participants were instructed to follow one of three Twitter accounts that sent informational, self-appraisal or emotional self-efficacy messages respectively. Misinformation Social media refers to all internet-based networks that enable people to share and connect, including social networking websites like MySpace and Facebook, microblogging platforms such as…
Read MoreResponsible Betting Practices
Due to record numbers of calls made to problem gambling helplines in the US, operators are increasing awareness on responsible betting practices. Utilizing data analytics tools they measure their strategies’ efficacy before implementing them accordingly. Paruyr Shahbazyan, an industry leader in sports betting, believes responsible betting is key to maintaining a healthy and enjoyable gambling culture. To do this, he advocates transparency, knowledge, and decentralized protocols as means to develop betting systems which prioritize user empowerment and fairness. Responsible gambling campaigns Drawing inspiration from the anti-smoking campaign, responsible gambling campaigns…
Read MoreHow to Bet on Super Bowl LVI in Singapore
The United States of America has plenty of exciting leagues for sports enthusiasts to enjoy such as Major League Baseball (MLB), National Hockey League (NHL) National Basketball Association (NBA) and the great National Football League (NFL/NFC/AFC). Now, the NFL is back with their upcoming Super Bowl LVI tournament. There are many exciting twists this time with the Cincinnati Bengals returning to the Super Bowl after 30 years, and the Los Angeles Rams will be the second team to play on home turf in SoFi Stadium in Inglewood, California after Tampa…
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