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Category: Academy

Bets recording platforms

Most betting people are mentioning the importance of recording your bets and I absolutely agree with them. Some of you are recording bets in excel file, some of you are using online platforms. There are plenty of free online recording platforms, but I would like to have a closer look at two of them today.
Betmanager (formerly known as betdog). I used betdog few years ago. At the moment it looked one of the best on the market. A few months ago owners of betdog decided to renew platform, changed the name and added few new features. Read More

Can you be a winning player?

Before you start betting please go through these points and answer yourself – can you say Yes to most of the points mentioned below? If most of the answers are No – don’t even start. You will save some money and most important your health as betting is quite stressful.

First of all, you need to have your betting bank. The betting bank is specifically assigned amount of money for the betting. It is not the money for your bills, it is not the money for your university fees or rent money. It is your money designated to your new business plan, your possible secondary income. Read More

Bankroll management and staking plans

In one of the articles, I already mentioned the importance of keeping your betting bankroll separate from daily expenses. It will help you to keep track and control of your balances.
Having bankroll is only beginning of your business plan. Next step is staking plans. I will go through a couple of them and it is your choice to chose the best option for yourself. Obviously, you do not need to stick to one plan forever, you can mix them and change them until you find the best option for you.
Let’s say we are starting with €1000 bank. Read More

Where is your goldmine – live or prematch betting?

There are two types of bets – Live or prematch.
I went through different stages myself – in the beginning, I started with prematch betting. Later became only live punter – mostly was betting on the games I was watching or noticed some stats in favor of one team or another (like shots on target, possession, corners).
Currently, I am back to prematch betting mainly. From time to time I will place some live bets – the ones I miss prematch or I can get desirable odds/limits only inplay. Read More

How to convert different odds styles?

Obviously, most of the bookmakers have settings where you can choose the odds format understandable for you. In worst case scenario you can Google it and odds converter will sort it out for you in seconds.
But it is not so difficult to calculate it yourself. Most common odds formats are decimal, fractional, American and couple of Asian formats.

Decimal – it is the most common format for Europeans. And easiest to understand (at least for Europeans). Read More

Betting Terms: ROI and Margin

If you are well-advanced punter, you are already familiar with these terms, but you will find few bits and pieces which are worth your time. If you are just starting your betting life you should find useful information here. I will try to explain few common terms in betting.

ROI – is the return of investment. Other sources define ROI as yield. We are treating our betting as an investment, we need to know what returns we are getting from it. ROI is a good evaluation of your hard work. If it is positive, you are winning. If it is negative – you need to work harder. Calculations of ROI are simple. Read More

What is Asian Handicap?

Asian handicap is the most common type of bet and usually used by more experienced punters. The earlier you will start using Asian handicap, the quicker you will notice a difference to your betting bank growth.
Asian handicap is usually known for very tight margin. What is margin? If you don’t know what it is, just click here.
Term “Asian handicap” was invented by journalist Joe Saumarez Smith who at the time was writing about gambling for English and American press. Read More

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