Tag Archives: row
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).
High Roller Roulette
Playing high roller roulette differs from regular roulette only in that it allows you to make big bets; hence the coin phrase “High Roller”. It is generally reserved and suitable for those with a large bankroll. The game is an online version of European roulette. The object is to predict with success where the ball will land in the 37 numbered slots. The players win accordingly based on their correct predictions and their payout is the amount for the winning bet.
A combination of bets or one type of bet that both include regular table bets and special better patterns are restricted by the table and bet type limits. After the players have placed their bets and press SPIN, the wheel begins to spin. The ball then rolls in the opposite direction of the rotation of the wheel while bouncing off the wheel diamonds before randomly landing in a selected pocket. A dolly is then placed on the bet area to show the winning number which is presented on the billboard. Bets not matching the winning number are removed and those on the winning number are paid according to the payout for the winning bet.
To play roulette it is relatively simple. First select a chip value, then place your bets, spin the wheel and wait to see if your number prediction is accurate. You can place one or more bets but remember to refrain from betting more than you have an opportunity to win. Also be sure not to bet more than the table limit.
There are different betting categories. Inside bets are made on numbers or on lines between numbers on the internal area of the table. These include a straight, split, three line (street), corner(square), and six line. The straight bets on a single number which can include the 0. A split bets on two adjoining numbers which can be either horizontal or vertical. A three line bets on a row of three numbers, also called a street, on a horizontal and single line. A corner bets on four numbers in a square pattern layout. Finally, a six line bets on two adjoining streets. Outside bets include left row, middle row, right row (column), 1st 12, 2nd 12, 3rd 12 (dozen), 19=36 (high) or 1-18 (low), red or black, and odd or even. The left row, middle row, right row (column) bets on all 12 numbers on any of the left, middle, or right rows. The 1st 12, 2nd 12, 3rd 12 (dozen) include bets on 12 numbers consecutively in three rows. The 19-36 and 1-18 bets on either the first 18 numbers or the high 18 numbers. Red or black include bets either on all black or all red. Odd or even bets are on either all odd or all even.
Player high roller roulette isn’t much different than regular roulette. The main difference is the bet limit which is considerably higher than regular roulette. While the odds remain the same, the payouts become higher as do the bets, also increasing the player’s risk.