Sports betting

Page 1

Sports betting

BY XPERTBET


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10Bet - 188Bet - 888Sport - AllYouBet - Bet3000 - Bet365 - BetAtHome - BetBoo - BetFred BetSafe - Betsson - BetWay - BlueSquare - BoDog - Bwin - CanBet - Coral - Dafabet - Expekt GameBookers - MyBet - PartyBets - PinnacleSports - RedBet - SkyBet - SportingBet - StanJames TitanBet - ToteSport - VictorChandler - WilliamHill

Sports betting Sports betting is the activity of predicting sports results and placing a wager on the outcome. Types of bets United States of America Aside from simple wagers such as betting a friend that one's favorite baseball team will win its division or buying a football "square" for the Super Bowl, sports betting is commonly performed through a bookmaker or through various online Internet outlets. The many types of bets include: * Proposition bets are wagers made on a very specific outcome of a match. Examples include guessing the number of goals each team scores in a handball match, betting whether a player will score in a football game, or wagering that a baseball player on one team will accumulate more hits than another player on the opposing team. * Parlays involve multiple bets (usually up to 12) and will reward a successful bettor with a large payout. For example, a bettor could include four different wagers in a four3 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


team parlay, whereby he is wagering that all four bets will win. If any of the four bets fails to cover, the bettor loses the parlay, but if all four bets win, the bettor receives a substantially higher payout (usually 10-1 in the case of a four-teamer) than if he made the four wagers separately. * Progressive parlays. A progressive parlay involves multiple bets (usually up to 12) and rewards successful bettors with a large payout, though not as large as normal parlays. However in a progressive parlay, unlike a regular parlay, a reduced payout will still be made even should some of the bets lose. * Teasers. A teaser allows the bettor to combine his bets on two or more different games. The bettor can adjust the point spreads for the two games, but realizes a lower return on the bets in the event of a win. * If bets. An if bet consists of at least two straight bets joined together by an if clause which determines the wager process. If the player’s first selection complies with the condition (clause), then the second selection will have action; if the second selection complies with the condition, then the third selection will have action and so on. * Run line, puck line or goal line bets. These are wagers offered as alternatives to straight-up/moneyline prices in baseball, hockey or soccer, respectively. These bets feature a fixed point spread that (usually) offers a higher payout for the favorite and a lower payout for the underdog (both in comparison to the moneyline). * Future wagers. While all sports wagers are by definition on future events, bets listed as "futures" generally have a long-term horizon measured in weeks or months; for example, a bet that a certain NFL team will win the Super Bowl for the upcoming season. Such a bet must be made before the season starts in September, and winning bets will not pay off until the conclusion of the Super Bowl in January or February (although many of 4 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


the losing bets will be clear well before then and can be closed out by the book). Odds for such a bet generally are expressed in a ratio of units paid to unit wagered. The team wagered upon might be 50-1 to win the Super Bowl, which means that the bet will pay 50 times the amount wagered if the team does so. * Head-to-Head. In these bets, bettor predicts competitors results against each other and not on the overall result of the event. One example are Formula One races, where you bet on two or three drivers and their placement among the others. Sometimes you can also bet a “tie�, in which one or both drivers either have the same time, drop out, or get disqualified. * Totalizators. In totalizators (sometimes called flexible-rate bets) the odds are changing in real-time according to the share of total exchange each of the possible outcomes have received taking into account the return rate of the bookmaker offering the bet. For example: If the bookmakers return percentage is 90%, 90% of the amount placed on the winning result will be given back to bettors and 10% goes to the bookmaker. Naturally the more money bet on a certain result, the smaller the odds on that outcome become. This is similar to parimutuel wagering in horse racing and dog racing. * 2nd half bets. A 2nd half(Second half) bet is also sometimes called a halftime bet. This bet is placed only at halftime of a particular sporting event. This bet can be placed on the spread(Line) or over/under. The resulting bet that is placed is won or lost only on the points scored by both teams in the second half only.

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bets offered by UK bookmakers This glossary of bets offered by UK bookmakers is a non-exhaustive list of traditional and popular bets offered by bookmakers in the United Kingdom. The 'multiple-selection' bets in particular are most often associated with horse racing selections but since the advent of fixed-odds betting on football matches some punters use these traditional combination bets for football selections as well. Types of bet Win A bet that produces a return only if the selection comes first in an event (i.e. wins). A win bet may be placed on a single event or the stake may be placed on two or more selections in a multiple bet (see below), all of which must win to give a return. Place A bet that produces a return only if the selection finishes first or within a predetermined number of positions (places) of the winner of an event. The return is often based on a fixed proportion of the win odds of the selection (e.g. \tfrac{1}{5} the odds a place 1,2,3). It is rare for bookmakers to offer the opportunity to bet solely on a selection finishing in a place without at least an equal bet on the selection to win (see Each-Way below). Exceptions include betting at Parimutuel-style odds in pool betting (aka. 'betting on "The Tote"' in the UK). More recently, some bookmakers have started to introduce special 'Place Only' markets, in which a punter can place a wager solely on a selection to finish placed, meaning you are not bound to having an equal or bigger stake to win. However, the odds are not set in stone as below; they are completely arbitary. Horse racing offers the following place odds for races with a given number of runners: 6 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


All races Less than 5 runners: all up to win - i.e. the horse must win, but the odds for 1st place are the same as the win odds. 5-7 runners: \tfrac{1}{4} the odds a place 1,2. 8-11 runners: \tfrac{1}{5} the odds a place 1,2,3. Non-handicap races 12+ runners: \tfrac{1}{5} the odds a place 1,2,3. Handicap races 12-15 runners: \tfrac{1}{4} the odds a place 1,2,3. 16+ runners: \tfrac{1}{4} the odds a place 1,2,3,4. Each-Way A combination of win and place bets of equal size. Each-Way bets may be placed on a single event or on two or more selections in a multiple bet. Each-Way multiple bets are settled on a win-to-win and place-to-place basis, i.e. win returns from one selection form the win stake on the next selection, and the place returns from one selection form the place stake on the next selection. An alternative way of settling an each-way multiple bet (although much less common) is for the total return from the first selection to be equally divided as an each-way bet on the next selection, and so on. This is known as an EachWay all Each-Way bet and must be specifically stated as such on the betting slip as the settling method if the default Win to Win, Place to Place method of settling is not required. 7 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


All the following bets are described as if they were win-only bets for ease of description; they may however, in almost all instances, be staked as an each-way bet. Single A bet on an individual selection. Multiple bet A double, treble or accumulator. A linked series of win singles where all the return from the first selection is automatically staked on the second selection as a win single and so on until all selections have won, thus giving a return, or until one selection loses in which case the whole bet is lost. Double A bet on two selections; both of which must win to gain a return. Treble A bet on three selections; all three of which must win to gain a return. Accumulator A bet on four or more selections; all of which must win to gain a return. Accumulators are often named after the number of selections they contain - thus we can get a fourfold, fivefold or sixfold accumulator (or even higher). Full cover bet A wager consisting of all possible doubles, trebles and accumulators across a given number of selections. These include: Trixie, Yankee, Canadian or Super Yankee, Heinz, Super Heinz and Goliath. A double may be thought of as a full cover bet with only two selections. 8 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


Trixie A wager on three selections and consisting of four separate bets: 3 doubles and a treble. A minimum two selections must win to gain a return. Yankee A wager on four selections and consisting of 11 separate bets: 6 doubles, 4 trebles and a fourfold accumulator. A minimum two selections must win to gain a return. Canadian or Super Yankee A wager on five selections and consisting of 26 separate bets: 10 doubles, 10 trebles, 5 fourfolds and a fivefold accumulator. A minimum two selections must win to gain a return. Heinz A wager on six selections and consisting of 57 separate bets: 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and a sixfold accumulator. A minimum two selections must win to gain a return. It is named for the '57 varieties' advertising slogan of the H. J. Heinz Company. Super Heinz A wager on seven selections and consisting of 120 separate bets: 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, 7 sixfolds and a sevenfold accumulator. A minimum two selections must win to gain a return. Goliath A wager on eight selections and consisting of 247 separate bets: 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, 8 sevenfolds and an eightfold accumulator. A minimum two selections must win to gain a return. 9 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


Full cover bets with singles Patent A wager on three selections and consisting of 7 separate bets: 3 singles, 3 doubles and a treble. Equivalent to a Trixie plus 3 singles. One winning selection will guarantee a return. Lucky 15 A wager on four selections and consisting of 15 separate bets: 4 singles, 6 doubles, 4 trebles and a fourfold accumulator. Equivalent to a Yankee plus 4 singles. One winning selection will guarantee a return. The 'Lucky' part of the name of this and other similar bets comes from the bookmaker's practice of offering bonuses for one or more winners; usually including 'double the odds' for only one winning selection. Lucky 31 A wager on five selections and consisting of 31 separate bets: 5 singles, 10 doubles, 10 trebles, 5 fourfolds and a fivefold accumulator. Equivalent to a Canadian plus 5 singles. One winning selection will guarantee a return. Lucky 63 A wager on six selections and consisting of 63 separate bets: 6 singles, 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and a sixfold accumulator. One winning selection will guarantee a return. Alphabet A bet consisting of six selections - 1, 2, 3, 4, 5, and 6, usually on horse racing or greyhound racing. Selections 1, 2, and 3 form a patent, as described above. Selections 4, 5, and 6 form a second patent. Selections 2, 3, 4, and 5 form a Yankee, as described above. Selections 1, 2, 3, 4, 5, and 6 form a sixfold accumulator, as described above. The 10 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


total number of bets in an alphabet is therefore 26 [2 patents at 7 bets each, plus 1 yankee at 11 bets, and one accumulator at one bet - (7+7+11+1=26)]. At least one correct selection guarantees a return. 'Any to Come' (ATC) or 'if cash' bets Wagers which include conditional bets, i.e. if part of the wager produces a sufficient return then a predetermined amount may be wagered on one or more of the other selections. ATC and 'if cash' bets (generally referred to as 'conditional bets') are normally not accepted on Ante-post selections. Up-and-Down An example of an 'if cash' or 'any-to-come (ATC)' bet. A wager on two selections and consisting of two single bets. If one selection wins (hence the phrase 'if cash') then the original stake is placed as an additional single bet on the second selection. If both selections win each original stake is placed as a single on the other selection: in effect giving twice the winnings for just two stake units. The downside of only one winning selection is that both original stakes are lost. Usually played for 'single stakes about (SSA)' meaning stakes identical to the original ones are placed on selections in the case of one or more winners. 'Double stakes about (DSA)' means twice the original stake is placed on selections in the case of one or more winners. Note: an odds-on winner will not supply enough money for 'double stakes about' so the whole amount actually available is used. Round Robin A wager on three selections and consisting of 10 separate bets: 3 doubles, 1 treble and 3 up-and-down bets (each of 2 separate bets). It may be considered to be a Trixie to 11 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


which 3 up-and-down bets have been added. One winning selection will guarantee a return. Flag A wager on four selections and consisting of 23 separate bets: 6 doubles, 4 trebles, 1 fourfold and 6 up-and-down bets. It may be considered to be a Yankee to which 6 upand-down bets have been added. One winning selection will guarantee a return. Super Flag A wager on five selections and consisting of 46 separate bets: 10 doubles, 10 trebles, 5 fourfolds, 1 fivefold and 10 up-and-down bets. It may be considered to be a Canadian to which 10 up-and-down bets have been added. One winning selection will guarantee a return. Rounder A wager on three selections A, B and C consisting of 3 singles and 3 any-to-come (ATC) doubles to the original singles stakes. For example: £1 win A, ATC £1 double BC; £1 win B, ATC £1 double AC; £1 win C, ATC £1 double AB. Roundabout As Rounder (above) except the ATC doubles are to twice the stake, e.g. £1 win A, ATC £2 double BC etc. Note: In the event of an odds-on winner the complete returns (less than £2 in this example) from the winning single are bet on the appropriate double. Speciality bets Union Jack A wager on nine selections usually placed in a 3 by 3 grid on a purpose-designed betting slip and consisting of 8 trebles. If the selections A to I are placed thus: 12 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


A B

C

D E

F

G H

I

then the 8 trebles are (horizontally) ABC, DEF, GHI, (vertically) ADG, BEH, CFI, (diagonally) AEI, CEG. All three selections in a particular treble must win to achieve a return. It is possible to get five or even six winners from the nine selections and yet still not achieve any return (e.g. A, B, E, F, G do not give a winning treble in example 1, and A, B, D, F, H, I do not produce a return in example 2, as shown below). Example 1 A B

C

D E

F

G H

I

Example 2 A B

C

D E

F

G H

I

Note that selection E appears in 4 of the trebles; A, C, G and I appear in 3 trebles; B, D, F, and H appear in only 2 trebles. This is considered more of a novelty bet. 13 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


Bookmaking The general role of the bookmaker is to act as a market maker for sports wagers, most of which have a binary outcome: a team either wins or loses. The bookmaker accepts both wagers, and maintains a spread (the vigorish) which will ensure a profit regardless of the outcome of the wager. The Federal Wire Act of 1961 was an attempt by the US government to prevent illegal bookmaking. However, this Act does not apply to other types of online gambling. The Supreme Court has not ruled on the meaning of the Federal Wire Act as it pertains to online gambling. Bookmakers usually hold a 11-10 advantage over his/her customers (for small wagers it is closer to a 6-5 advantage) so he/she will most likely survive over the long term. Successful bookmakers must be able to withstand a large short term loss. (Boyd, 1981) Many of the leading gambling bookmakers from the 1930s to the 1960s got their start during the prohibition era of the 1920s. They were often times decendents of the influx of immigrants coming into the USA at this time. Although the common stereotype is that these bookies were of Italian decent, it has been proven that many of the leading bookies were of eastern European Jewish Ancestry. (Davies, 2001) Odds This section does not cite any references or sources. Please help improve this section by adding citations to reliable sources. Unsourced material may be challenged and removed. (September 2010) Odds for different outcomes in single bet are presented either in European format (decimal odds), UK format (fractional odds), or American format (moneyline odds). European format (decimal odds) are favored in continental Europe, Canada, and 14 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


Australia. They are the ratio of the full payout to the stake, in a decimal format. Decimal odds of 2.00 are an even bet. UK format (fractional odds) are favored by British bookmakers. They are the ratio of the amount won to the stake. Fractional odds of 1/1 are an even bet. US format odds are favored in the United States. They are the amount won on a 100 stake when positive and the stake needed to win 100 when negative. US odds of 100 are an even bet. Decimal

Fractional

US

HongKong Indo Malay

1.50 1/2

-200 0.50 -2.00 0.50

2.00 1/1

+100 1.00 1.00 1.00

2.50 3/2

+150 1.50 1.50 -0.67

3.00 2/1

+200 2.00 2.00 -0.50

Conversion formulas x

To

Do this

Decimal

Fractional

x-1 , then convert to fraction

Decimal

US

Fractional

Decimal

Fractional

US

100*(x-1) if x>=2; -100/(x-1) if x<2 divide fraction, then x+1

divide fraction, then 100*x if x>=1; -100/x if x<1

US

Decimal

(x/100)+1 if x>0; (-100/x)+1 if x<0

US

Fractional

x/100, then convert to fraction if x>0; -100/x, then convert to fraction

if x<0 Decimal

HongKong x-1

HongKong Indo x if x>=1; (1/x)*-1 if x<1 HongKong Malay

x if x<=1; (1/x)*-1 if X>1

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In Asian betting markets, other frequently used formats for expressing odds include Hong Kong, Malaysian, and Indonesian-style odds formats. Odds are also quite often expressed in terms of implied probability, which corresponds to the probability with which the event in question would need to occur for the bet to be a breakeven proposition (on the average). Many online tools also exist for automated conversion between these odds formats. Legality In the USA it is illegal to operate a scheme except for in a few states. In many European nations bookmaking (the profession of accepting sports wagers) is regulated but not criminalized. The NCAA has threatened to ban all playoff games in Delaware if the state allows betting on college sports. New Jersey, which is also interested, has been similarly threatened. Interestingly for New Jersey, a Fairleigh Dickinson University PublicMind poll found in April 2009 that 63% of New Jerseyians supported legalizing sports betting in Atlantic city and at horse-racing tracks. However, only 48% of New Jersey voters approved of legalizing betting at off-track betting establishments. A slight majority of New Jersey voters (53%) also disapproved of legalizing sports betting nationally. In March of 2010, a national PublicMind poll found that 39% of Americans would support changing laws so that sports betting would be allowed in all states, whereas 53% reported that they would not support such measures. Converse to national opinion, a February 2011 PublicMind found that 53% of New Jersey voters supported legalizing betting in all states while 34% reported they would not support it. Equally, a majority of New Jersey voters (55%) believed that "lots of people bet anyway, so government should allow it and tax it." Proponents of legalized sports betting generally regard it as a hobby for sports fans that increases their interest in particular sporting events, thus benefiting the leagues, 16 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


teams and players they bet on through higher attendances and television audiences. Opponents fear that, over and above the general ramifications of gambling, it threatens the integrity of amateur and professional sport, the history of which includes numerous attempts by sports gamblers to fix matches. In the 2009 PublicMind poll, the possibility of corrupting sports was the main concern of New Jersey voters (54%) that opposed legalizing sports betting nationally. Similarly, the 2010 PublicMind national poll found that a majority of Americans shared the views of New Jersey voters in the 2009 poll with 54% of respondents reporting that "legal betting on sports is a bad idea because it promotes too much gambling and corrupts sports." On the other hand, proponents counter that legitimate bookmakers will invariably fight corruption just as fiercely as governing bodies and law enforcement do. Most sports bettors are overall losers as the bookmakers odds are fairly efficient. However, there are professional sports bettors[citation needed] that make a good income betting sports, many of which utilize sports information services. In areas where sports betting is illegal, bettors usually make their sports wagers with illicit bookmakers (known colloquially as "bookies") and on the Internet, where thousands of online bookmakers accept wagers on sporting events around the world. The PublicMind's 2010 national survey found that 67% of Americans did not support the legalization of Internet betting websites in the United States whereas 21% said they would support legalization. Nevada There are 142 places in Nevada that will take sports bets on professional and amateur sports. In 1998, close to 2.3 billion dollars was wagered in these places. Out of this 2.3 17 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


billion, the casinos that accepted these bets kept 77.4 million dollars as a profit. This is because the odds are stacked in favor of the casinos. (Thompson, 2001) Famous Betting Scandals In 1919, the Chicago White Sox faced the Cincinnati Reds in the World Series. This series would go down as one of the biggest sports scandals of all time. As the story goes, professional gambler Joseph Sullivan paid eight members of the White Sox around 10,000 dollars each to fix the World Series. The players involved were Oscar Felsch, Arnold Gandil, Shoeless Joe Jackson, Fred McMullin, Charles Risberg, George Weaver, and Claude Williams. All of these players have been banned for life. (Finley, 2008) Rule #21--It's nailed to every clubhouse door and every ballpark in the country: "Any player, umpire, or club or league official or employee, who shall bet any sum whatsoever on any baseball game in connection with which the bettor has a duty to perform shall be declared permanently ineligible." This rule is why Pete Rose was given a lifetime ban from baseball after being caught for betting on baseball. (Rose, 2004) Forecasts Forecasts are bets on a single event that require the correct forecasting of the finishing order of (usually) the first two or three finishers in the event. Returns on correctly predicted finishing orders are calculated by industry sources via computer software that uses the starting price of all participants in the event, and are usually declared to a ÂŁ1 stake unit on (mainly) horse and greyhound races. Straight Forecast A straight forecast (SF) or computer straight forecast (CSF) is a wager requiring the naming of two selections a and b to finish 1st and 2nd in the correct order in a specified 18 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


event. Requires a single unit stake. Usually declared on horse and greyhound races of three or more runners. Equivalent to the USA exacta or perfecta, or the Canadian exactor. Reversed Forecast A reversed forecast (RF) is a wager requiring the naming of two selections to finish 1st and 2nd in either order in a specified event. It is the same as two straight forecasts on selections a and b: a 1st, b 2nd and b 1st, a 2nd. Requires two unit stakes. Equivalent to a "boxed" exacta/perfecta in North America, where the quinella is a similar wager that requires only one unit stake. Combination Forecast A combination forecast is a wager on three or more named selections in order to choose two of the selections to finish 1st and 2nd in the correct order in a specified event. It is the same as the number of straight forecasts on selections a, b ... n given by the formula n(n − 1) and therefore requires this number of unit stakes. E.g. 3 selections - 6 bets; 4 selections - 12 bets; 5 selections - 20 bets; etc. Equivalent to boxing an exacta/perfecta with more than two runners in North America. Tricast A tricast is a wager requiring the choosing of three named selections a, b and c to finish 1st, 2nd and 3rd in the correct order in a specified event. Requires a single unit stake. Accepted on horse races where 8 or more horses are declared and at least 6 run, and on greyhound races of 5 or more runners that form part of the bookmakers' main service. In North America, this wager is known as the trifecta (USA) or triactor (Canada). Combination Tricast

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A combination tricast is a wager on three or more named selections in order to choose three selections to finish 1st, 2nd and 3rd in the correct order in a specified event. Requires multiple unit stakes given by n(n − 1) (n − 2) where n is the number of selections. E.g. 3 selections, 6 bets; 4 selections, 24 bets; 5 selections, 60 bets; etc. In North America, this is a "boxed" trifecta. Sports betting systems This article does not cite any references or sources. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (November 2009) Sports betting systems refers to a set of events that when combined for a particular game for a particular sport represents a profitable betting scenario. Since sports betting involves humans, there is no deterministic edge to the house or the gambler. Systems supposedly allow the gambler to have an edge. Sportsbooks use systems in their analysis to set more accurate odds. Therefore the novice gambler may believe that using a system will always work, it is the general consensus that at some point, the oddsmakers will have adjusted for the system to make it no longer profitable. Very short-lived systems are called trends. Any single event that estimates a selection to have a higher likelihood of winning is called an angle as they are meant to be used in conjunction with other angles and trends to produce systems. Betting on systems Systems can be deceiving. Any sample space can be constrained enough with meaningless criteria to create the illusion of a profitable betting system. For example, a coin can be flipped with heads being home teams and tails being road teams. Heads and tails each have a 50% probability of landing but if the amount of flips is limited to a small 20 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


number, it is conceivable to create the illusion of predicting heads will come up 75% of the time. That, in conjunction with the fact that sportsbooks adjust their odds according to the systems makes it difficult to follow systems indefinitely. The sportsbooks are slower to adjust the odds in some sports versus other sports depending on the number of games played and the amount of money they take in from bettors. Determining systems Determining systems is a matter of using computer analysis tools and extracting all the possible games that meet a bettor's criteria. Then the bettor analyzes the results of those games to make a determination if one team is favored over the other. Two Types of Betting Systems Multiple regressions The stronger the historical info you have the more accurate your results will be. You will never be able to call a game within 100% of accuracy because there will always be undetermined agents, but if you have the right info you are surely able to anticipate the game like the pros. Historical data you need to know to apply multiple regressions is: Wins, Losses, Win to Lose ratio, home game record, away game record, past ten game outcomes, win/loss streaks, injuries, team changes (new coach, loss of important player, etc.) Statistical anomalies These are deviations from the common rule and give you a competitive advantage. You may be surprised to know that most scores in a football game happen only in the 3 and 7 point markers? Of course there are always missed extra points, safeties and conversions, 21 SAMPLE FOR FURTHER REPRODUCTION OR DISTRIBUTION 2011. www.bettingsystemprofessional.com


but when compared to all points scored, they only account for a minor percentage. This point statistical distribution factor opens up the possibility of statistical anomalies. To find anomalies you need to cautiously review players and team statistics. You should also know significant factors such as: injuries, does the team tend to win more in indoor or outdoor sports stadiums, weather (for outdoor games), what atmospheric conditions is the team used to playing in, etc.. You can also look for anomalies based on public opinion and team psyche. Factors that are used into determining betting systems are a mix of psychological, motivational, biological, situational factors that, based on past performances, support one team over another. It is generally believed that more than one factor pointing towards a team is needed to have a successful betting system.

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