Tag Archives: odds
Introducing a Secure Lottery Ticket Platform
The Ireland Lotto is internationally renowned as one of the better quality lotteries to play. It features multi-million Euro jackpot paydays and players are tasked with correctly selecting 6 of the 45 numbers on the lottery ticket. The Irish lottery ranks highly in lotto circles and it provides players with an inexpensive means of potentially hitting a very large jackpot payday.
Prize Divisions for the Ireland Lotto are readily available
The Ireland Lotto sports multiple divisions with concomitant prize payouts. The first prize payday in the Ireland Lotto requires 6 numbers to be matched on the lottery ticket. The odds of that transpiring are 1 in 8,145 million. For the second prize payday, the odds of hitting it big are 1 in 1,357,510. To qualify for this prize payday, 5 + 1 numbers are required. The third prize option requires correctly selecting 5 numbers, and the odds of that are 1 in 34,808. Placements for positions 4, 5, 6 and 7 require 4+1, 4, 3+1 and 3 matching numbers respectively. The winning odds range from 1 in 28,579 to 1 in 45.
Multiple Online Lottery Ticket Purchasing Sites
The Irish lottery can be enjoyed at a range of online lottery sites. The better lottery sites provide added value for money by way of select bonuses and promotions. A series of standard welcome bonus offers is readily available to lottery enthusiasts such as the Buy One, Get One Free offer. Players start by selecting their preferred lottery ticket. Then the lottery sites local agent makes a real-money purchase of the customers selected option. To validate that the ticket was indeed purchased, the customer is able to see a scanned ticket in their online lottery site account. Should the lottery ticket win, the customer will immediately be notified via email and an SMS notification. A list of recent winners is regularly showcased on the website.
Secure Payments Processing and the VIP Club
Lottery players are able to enjoy making their selections by way of 100% safe and secure Internet connections on laptops, desktops, iPads and iPhones. For some websites, iPhone users need to simply download the free app in order to enjoy purchasing lottery tickets on the go. The Lottery VIP Club indulges punters to red carpet treatment via a compact, easy-to-use and rewarding online lottery platform. Making deposits into these lottery account is a snap. A wide variety of safe and secure payment deposit options are available, including Visa, MasterCard, Diners Club, Moneybookers, Neteller, Giro Pay, Solo, Switch, iDeal and others.
Betting Tips and Money Management in Soccer Betting
Soccer experts provide you with betting tips, the media publishes the latest news about the opponent teams and their key players, bookmakers support hundreds of betting methods
However, when you finally place your huge wager on a sure favorite, this is the time to start praying… Unfortunately, the world of soccer betting is quite unpredictable. There are thousands of factors playing against us. How can we cut our betting losses? The only way to do it is by using money management strategies.
This article summarizes the methods and strategies of betting money management and provides a statistical comparison of their performance based on betting odds and match results of top European leagues.
The most common betting money management strategies in our days are: Martingale, Row of numbers and Kelly criterion. While the first two do not require any prior information, Kelly criterion requires the punter to know the probability of a win.
DEFINITIONS
Before presenting the performance analysis, a brief description of the above-mentioned strategies is necessary:
— Martingale strategy means doubling the stack after a loss and returning back to the starting stack after a win. This strategy is the most popular today and promises positive profits, but requires intensive money investments.
— Row of numbers means planning a series of constant profits. Given betting odds, the punter calculates each stake in a way that will allow him to make the planned profit. In case he loses, he should increase the next stack in such a way the profit will return both the money already lost and the planned profits for the lost games. This strategy is less aggressive than Martingale but still dangerous.
— Kelly criterion: mathematically proven to be the best strategy in the long run. However, it requires knowing the probability of a win. The stacks are calculated in proportion of the size of your funds and according to the relation between the probability of a win and the betting odds. When probability and odds are high, a high stack will be placed and vice versa.
DATA AND METHODS
In order to evaluate the performance of each strategy, we analyzed the betting odds set by bookmakers for the top European leagues. Imagine that bookmakers are punters who place a stake on a favorite with minimal betting odds. One can easily estimate the probability of a win by dividing the average number of home/draw/away outcomes by the total number of games in a season.
The betting odds and results are taken from the four European top leagues playing in the 2008/2009 season: English Premier, French Ligue 1, German Bundesliga 1 and Spanish Primera Division.
SUMMARY
— The results show that Kelly criterion is the best money management strategy of the three with an average profit of +5% compared to +1% (Row) and +1.2% (Martingale).
— The most profitable was the French Ligue 1 with a betting profit of +22% (Kelly), +9% (Row) and +10% (Martingale).
— The least profitable was the English Premier League with a betting loses of -10% (Kelly) ), -9% (Row) and -8% (Martingale).