Live online tennis betting available through Betfair’s tournament winner bets

As most Australian punters know, live in-play betting is typically only available by telephone. There are a few exceptions to this, however, like financial betting and now, the Australian Open tournament winner betting through Betfair. Recently I have...

Betting against the odds, not the outcome

One of the first things I learned as a sports better was to bet based on the value of the odds rather than bet on a particular outcome. Due to bookmaker margins, if you bet on every sporting event at random you would receive roughly $91-95 for every $100...

Be sure to shop around for football World Cup odds

I’m used to seeing discrepancies in odds between bookmakers, but there are some massive inconsistencies between bookmaker odds for the 2010 football World Cup winner at the moment. I mentioned in a previous post the substantial variation in odds...

Betting Strategies – Part 2 – Maximizing Expected Return to Risk Ratio

In the first part of this two post series, I discussed the betting strategy of maximizing expected return. The downside of this strategy is it takes no account of risk. If you haven’t read the previous post I recommend you do so before continuing. This...

Betting Strategies – Part 1 – Maximizing Expected Return

This post is the first of two to discuss strategies for sporting events where there are three or more possible outcomes. Examples include football, horse racing, the first try scorer in rugby, and highest run scorer in cricket. For all of these bets...

Martingale Strategy Applied to Sports Betting

Anyone who has shopped around for casino betting strategies has likely heard of the Martingale betting system. It is a simple strategy where you double your bet size each time you lose, and reset your bet amount to a base level each time you win. The...

Breaking Even on Line Bets – How to Improve Your Chances

While you shouldn’t really isolate week by week performance, it does feel good to end a week with more money in your account than what you started with. It is also good to end in the black if you have placed bets using a substantial portion of your...

Multibets – An Introduction

I don’t know why I haven’t gotten into them sooner, but I am making more and more use of multibets at the moment. What are multibets?   Multibets are bets that pay out based on the results of more than one event. In its simplest form,...