Betting Basics

Nine rules that if followed will increase your chances of being a successful gambler.

An article discussing the concept of value and how it relates to betting markets.

An article discussing the popular belief that a previous occurrence of an event can influence the number of times that the same event will happen again.

An explanation of odds and probability and how they relate to each other and to betting.

Expected Value or expectation value or EV, in terms of betting is what you can expect to win or lose if you were to bet on the same outcome many times with the same stake.

An article explaining how bookmaking works. Explaining odds, percentages and how they relate to oods and the over round and under round.

The different ways of betting that are available to you. Including bookmakers, the tote, exchanges or spread betting companies.

The types of bets that are available at bookmakers. Including single bets, each way bets, combination bets and multiple bets.

The types of bet that are available with the Tote. Including win, place, exacta, trifecta, swinger, jackpot, placepot, scoop6 and quadpot.

Betting Systems - what are they ? do they work?

Examples of some betting systems. For information only, not to be used without thorough testing.