6 Generic Betting Principles : HID Betfair Education

Reverse Dutching

Fri, 26 Sep 2008 17:24:36 +0000

Dutching is a common betting strategy with punters, backing two or more selections to win a set profit. And there are variations on that with partial winners, savers and hedges. Reverse dutching is as it sounds, the same strategy in reverse - laying more than one selection for a set risk and set profit.

All money is created equal

Fri, 26 Sep 2008 14:42:19 +0000

An excellent article, making a lot of sense. It's very easy to get caught up in the joy of winning, but as any experienced punter or trader will tell you, a loss is just around the corner if you drop your guard. Extend your betting education with a lesson about valuing money.

5. Discipline

Fri, 26 Sep 2008 12:18:38 +0000

"Lack of discipline will undermine your progress"

Price Leveraging

Wed, 03 Sep 2008 11:04:19 +0000

Each month in our InPlay newsletter, we have a section called Strategy of the Month. Don't be frightened if this doesn't sink in immediately, it is quite an advanced one.

Jumping on Board the Winners

Thu, 31 Jul 2008 12:30:28 +0000

In a previous article we talked about regression to the mean as a way of looking at gambling in the long term. Here we will use the theory to talk about a significant and interesting point of gambling within a population. A better view is provided with a good example in the stock market industry.

Regression to the mean

Thu, 31 Jul 2008 11:47:11 +0000

Often confused in the gambling fraternity with the law of averages is the theory of regression to the mean. Theory of regression to the mean suggests that if a player (gambler or team) performs significantly better or worse than normally expected, then in the future, he will return to the average expectation of that player (gambler or team). The difference is small, and is different from that of the law of averages, but the definition above can be misinterpreted easily.

The Art of Bookmaking

Thu, 24 Jul 2008 13:20:26 +0000

When a football team goes into battle with the opposition, their coach has usually done hours of research in an attempt to gain a winning advantage. The coach will look at how the opposition plays, the systems they have in place and what tactics they have used in the past. The coach is attempting to gain an edge over the opposition by mapping out a plan that will hopefully see his side triumph.

Gambling profit and loss, the numbers that matter.

Fri, 11 Jul 2008 13:56:52 +0000

An excellent article about focusing on what really counts - the bottom line. Sometime we all need to sit back and take a closer look at our figures in the cold light of day.

Slipperytoad's Maxims

Thu, 10 Jul 2008 14:06:05 +0000

Another perspective of gambling wisdom from the excellent Slipperytoad website.

1. Planning

Thu, 10 Jul 2008 12:32:08 +0000

You must be prepared, have a plan.

"Without preparation you will fail before you begin"

2. Patience

Thu, 10 Jul 2008 12:29:00 +0000

"You need plenty of patience to become a profitable punter"

3. You need to be consistent

Thu, 10 Jul 2008 12:24:16 +0000

Most punters continue to lose on a regular basis because they are not emotionally prepared and don't follow even the most basic betting essentials.

4. Greed will lead to losses

Thu, 10 Jul 2008 12:21:10 +0000

Most punters are greedy; this greed clouds their view of what to realistically expect in return from bets.

6. Laziness

Thu, 10 Jul 2008 12:13:17 +0000

"It is a natural human characteristic to get away with putting in very little effort"

7. Learn from your mistakes

Thu, 10 Jul 2008 12:11:18 +0000

"Gain a valuable edge and take advantage from past mistakes, by keeping good records"