The largest directory of betting bonuses

The biggest collection of free betting e-books


Betting Articles

Lazy Sports Betting Tactics
How to beat the bookies in the over-under markets
How to convert between decimal and American odds
How to get an edge in betting
How to test the credibility of a tipster`s record
Kelly criterion method
How to use Kelly Criterion for betting
How Weather Affects Sports Betting
Increase Your Chances of Winning Long Term Betting on Sports
Intermediate and Advanced Sports Betting
Common sportsbetting myths
Advices on Betting Fundamentals
Betting do's and don'ts
Choosing a staking method based on your betting profile
Betting staking plans
Value betting explained
Sports-betting- a game of numbers
Market movement in betting
Types of odds explained
European types of bets explained
American types of bets explained
Martingale Considerations in Sports Betting
In-play betting
Accumulator betting
Mobile betting
A Crash Course in Horse Racing
A Crash Course In Sports Betting
American odds versus decimal odds
Bankroll management
Money management in sportsbetting- odds, edge and variance
Basic bet types explained
Paying for Picks
Betting on winning streaks
Betting psychology- a crash course about aspiring professional bettors
Popular Sports Betting Beliefs
Do you make these 9 sportsbetting mistakes?
Does intuition have a place in sportsbetting?
Exchange betting
Randomness in sportsbetting
Fractional versus decimal odds
Home team advantage analised
How bad at sportsbetting are you?
Reasons to Keep Betting Records
How bookmakers make money
How bookmakers work
How do betting exchanges work
Should You Bet on Multiple Sports or Specialize?
How do free bets work
How does luck influence short term betting
How good are betting tipsters
Sports Betting for Beginners
How loss aversion impacts performance
How many sports to bet on
How Much Should You Bet On a Sporting Event?
Staking-one method to improve your betting
How much you should risk per bet?
How Sports Betting Has Changed Over the Last 20 Years
How To Avoid A Big Sports Betting Loss
The art of multiple betting
The history of lotteries
The value of information in soccer betting
Three careers ideally suited to betting
Tips for Better Sports Betting Results
Types of Online Sports Betting Bonuses
Understanding and managing your risk of ruin
Understanding Horse Racing Bet Types
Understanding Live Betting
Value betting is an essential skill for bettors
Ways to Increase the Percentage of Sports Bets You Win
What are drawdowns and how to manage them
What are the most common mistakes the bettors make
What are the real chances of winning the lottery?
What distinguishes winning from losing betors
What is a handicap soccer betting?
What is the Fibonacci betting system?
What is the Labouchere betting system
What is the Martingale staking system
Why do we gamble? Irrationality and overconfidence
Why patience is an essential trait for any serious bettor
Poisson Distribution: Predict the score in soccer betting
Fixed Staking vs. Variable Staking
Basketball betting: Bet types explained
7 Sure-Fire Baseball Betting Strategies
How Does In-Play Betting Work?
To Parlay, or Not to Parlay?
Wisdom of the Crowds applied to betting
CASINO ARTICLES
A Novice’s Tutorial on Casino Gambling Games
How to Gamble with Dice – Popular Dice Games and Their Variations
How Online Casinos Helped Me Love Roulette Even More
My Top Three Tips for Getting Comps in Casinos
5 blackjack stereotypes
5 Gambling Tricks You Can Only Use Online
5 LITTLE-KNOWN FACTS THAT AFFECT YOUR AVERAGE HOURLY LOSS IN A CASINO
5 REASONS CASINO GAMES ARE SO ENTERTAINING
5 Things All Casino Gambling Fans Are Sick of Hearing
5 Tips to Managing Your Casino Bankroll Effectively
The Five Most Important Tips I Ever Learned on Bankroll Management
5 Rookie Mistakes in Blackjack and How to Avoid Them
7 roulette variations probably you have never heard of
7 THINGS YOU NEVER KNEW ABOUT CASINOS
7 Ways Casino Players Sabotage Their Chances of Success
How to Tell If You’re About to Make a Mistake with Your Next Casino Bet
The 12 Types of People I Meet in Casinos – Analyzing My Fellow Gamblers
10 SURE-FIRE CASINO GAMBLING STRATEGIES THAT WORK
What I Love Most About My Three Favorite Video Poker Games
The Last Guide to Video Poker Tournament Strategies You’ll Ever Need
Baccarat and the Martingale System – Can It Work?
Is There a Gambling System That Never Loses?
Combining the Martingale System with Odds Bets in Craps
Which Bets on Which Casino Games Offer the Best Odds of Doubling Your Money?
What’s Next for Online Gambling?
Using Self-Discipline in the Casino
20 ONLINE GAMBLING TIPS
Going All-In – When to Bet It All in Poker
10 Things I Wish I’d Known About Roulette Before I Started
Who’s the Best Video Poker Player in the World
Are No-Deposit Bonuses at Online Casinos a Waste of Your Time or Worth Going For?
Are Online Casino Bonuses Worth Taking?
BEATING BACCARAT – WINNING SYSTEMS & STRATEGIES
CHOOSING THE RIGHT SLOT MACHINE
EUROPEAN VS. AMERICAN ROULETTE
EVEN MONEY CASINO BETS
Feel Confident When Gambling Online – 8 Tips to Help You Choose a Secure Site
Finding the Best Slots Online
Gambling and Poker Playing: 10 Things to Know
GAMBLING GAMES THAT ARE REALLY WORTH TRYING
HOW TO AVOID GOING BROKE AT THE ROULETTE WHEEL
HOW TO GET YOUR FIRST ONLINE CASINO SIGNUP BONUS
How to make a million playing video poker
How to Spend Your Gambling Winnings
HOW TO SURVIVE A BLIZZARD AT THE CRAPS TABLE
HOW TO WIN AT ROULETTE
How to Win Consistently at Casino Gambling
How to Win Consistently at Craps
How to Win Consistently at Roulette
HOW VOLATILITY WORKS IN CASINO GAMBLING
Is It Possible to Play Roulette as a Career (Or Even as a Part Time Gig)?
Is One Blackjack Game Better Than Another?
MONEY MANAGEMENT STRATEGY FOR YOUR NEXT CASINO TRIP
ONLINE CASINO DISPUTES
SKILL BASED CASINO GAMES: PROS AND CONS
The 5 secret joys of casino gambling
The Benefits of an Online Gambling Environment
The Best Long-Term Strategies for Playing Progressive Jackpot Slots
THE BIGGEST JACKPOTS IN ONLINE GAMBLING
THE EASIEST WAY TO LEARN BLACKJACK STRATEGY
THE HOUSE EDGE
The only roulette strategy you will ever need
The Surprising Secret to Winning at Casino Gambling
Who Takes Care of Your Safety at Online Casinos?
Why Don’t Craps Players Just Use the Right Strategy?
Why I love American roulette
WHY IS THE DON’T PASS BET BETTER THAN THE PASS BET IN CRAPS?
WHY IS THE DON’T PASS BET BETTER THAN THE PASS BET IN CRAPS?
Newsletter Subscribe for our latest offers.
Name:
E-mail:

Three careers ideally suited to betting

There are three established professions which share the attributes required for successful betting. If one of this trio is your current day job, you may have a head-start in turning a profit. Equally, aspiring bettors looking for a job that complements and improves betting acumen might want to think about a career change.

Actuary – Bookmaker in disguise

When an Actuary responds to the conversation starter “So what do you do?” they are likely to be met with a slightly puzzled reaction. Though not many people may know what Actuaries do, it is an Actuary’s job to know everything about you.

From predicting your life expectancy to measuring how good a driver you are, the job of an Actuary is to compile and analyse statistics in order to calculate insurance risks – home, car, life, medical etc - and work out what premiums to charge in order to run a profitable insurance business. That job spec is going to sound very familiar to an odds-compiler at a bookmaker, the only real difference is the context.

Bookmakers compile and analyse statistics on sporting events, calculate the underlying risk or probability, and then add a margin (premium) in order to make a profit.

The similarity in these industries is also apparent in the way consumers compare the value of their products, with little difference in odds vs insurance comparison sites. However, because these similarities are not as apparent to consumers, they can often be more attentive to getting the best insurance deal, yet settle for poor value odds.

In both industries success is often defined by the accuracy of the risk assessment, and as the potential liabilities are actually more complex and volatile for Actuaries, it is a profession that should certainly be well suited to successful betting.

Financial Trader – Seeing betting as an asset class

The title of Trader is as old as commerce itself, as it can be applied to anyone who buys and sells for profit. Though that kind of traditional market trading in physical products has died out, the term is now synonymous with trading in financial products.

Traders can operate in many spheres – shares, currency, commodities, packaged debt like CDOs, the list is endless. But in each their objective is the same, to buy and sell profitably. This is of course what betting is fundamentally all about; buying and selling odds. 

Our odds-makers identify themselves as Traders and the trading analogy extends to terminology. When odds shorten they describe them as getting ‘more expensive’ (you have to bet more to win the same amount) and when they drift/lengthen as getting ‘cheaper’.

The term ‘trading’ has also become popular among a distinct growing cohort of bettors taking on bookmakers full-time. This group is characterised by increasing levels of sophistication in trying to gain an edge, mirroring what Traders on both sides of the financial fence – institutional vs independent – do.

If you are a financial trader looking for a new asset class to invest in, you shouldn’t find sports betting far from your regular day job.

One consequence of the 2008 financial crash, and the subsequent low-yield environment for investing, has been the move of city traders into betting traders, for all the reasons mentioned, and because it offers potentially high returns – arbitrage is one good example. It can also have tax benefits. 

This trend has led some commentators to think that in the not too distant future sports betting will be recognised as an asset class entirely separate from recreational betting, at which point the convergence of betting with trading will be complete.

So, if you are a Financial Trader looking for a new asset class to invest in, you shouldn’t find sports betting far from your regular day job.

Professional Gamers – Being one move ahead

As described above, those professions that are explicitly focused on analysing and managing risk are reasonably obvious breeding grounds for successful bettors or traders. In a more general sense what we are talking about however, is a mindset that is suited to rational decision-making under conditions of uncertainty. And there is another type of profession where this is essential for success; Professional Gamers.

With around 20 million active players this is a huge genre, and the attributes of a successful MTG pro clearly align with Trading. And Pro is not just symbolic, there are significant six figure prize poolsfor tournaments.

As MTG is essentially a card game, the same player attributes extend to more familiar card-game formats like Bridge and Poker, which are equally skill-based, as well as strategic board games like Backgammon. Expertise in these games will imply a mind-set that is compatible with betting, while the digital hybrids of old school fantasy board games like Dungeons and Dragons, should be viewed in the same way.

Those Traders that have a background in MTG have also migrated towards eSports like Dota and League of Legends, games that combine fine motor skills, a coolness under pressure and split-second strategic thinking. The latter two would certainly appear under the desirable attributes for a betting Trader job description and equally are ideal characteristics for an effective bettor.