Understanding the significance of market movement is a vital betting strategy for bettors who hope to predict the winner of a sporting event
The phrase ‘money talks’ is believed to be based on an Italian proverb that dates back to the 1600’s inferring how a financial incentive is often the most persuasive incentive for getting something done.
This remains true today, where the flow of money is also the most accurate way of determining the outcome of any future event. Understanding these market movements can help predict the future in everything from sports betting to important world affairs.
Few things could be darker than what was dubbed the “terrorism futures market” – a Pentagon-sponsored experimental online futures exchange launched at a Defense Department press conference in the summer of 2003.
The hope was that by allowing traders to speculate on wars, assassinations, and terrorism in the Middle East, that the exchange would help the security services in intelligence forecasting.
The idea that people could benefit from betting on the likelihood of future atrocities proved morally repugnant, and public outrage led to the idea being scrapped less than 24 hours after being announced.
While the “terrorism futures market” presented impossible moral issues, it demonstrated the high regard that ‘money talk’ is held in. Sports betting is no exception.
For example, the dramatic shortening of a tennis player’s odds is a good indication of a strong opinion about a change in that individual’s chance in a given match. It doesn’t guarantee he or she will win, but if you are going to bet on the match, it’s up to you to decide whose opinion you trust more, the markets or your own.