Betting Strategy & Psychology

An example of using a Monte Carlo model to predict sporting outcomes

Bettors continually look for ways to predict sporting outcomes such as will Lewis Hamilton win the 2014 F1 season? This article introduces three stages of mathematical modelling and explains how a Monte Carlo simulation can be used as part of a balanced betting strategy.

Using the 1X2 market to produce Draw No Bet odds

If you feel constrained by traditional three way 1X2 markets when you really want a simple binomial option – two choices – then there is an easy and effective way to create the option yourself. Read on to find out how to utilize 1X2 to Draw No Bet odds.

How to calculate probability, odds & payouts

Odds are only a representation of something more important - probability. Getting a handle on how to derive decimal odds from probability is the first step in developing your own assessments of betting value.

What home set-up is best for in-play betting?

In-play betting requires traders to have a detailed setup to achieve maximum success. This article examines a typical set-up that traders have, and what can be done to avoid disasters in the markets.

Why use 1X2 market to place bets as Double Chance

This article explains how Pinnacle Sports bettors can use the 1X2 market to place bets as Double Chance, providing a better alternative to traditional bookmakers and Exchanges.

 How Bayesian analysis can help your betting

This article discusses how Bayesian Analysis – the theory of an 18th Century English Presbyterian Minister named Thomas Bayes – can help sports bettors gauge the outcome of an event.

How we offer an alternative to laying on Exchanges

Pinnacle Sports have a reputation for offering the best odds even when compared to Exchanges. This superior value can extend to alternatives to laying bets that is often cited as a unique selling point of the exchange model. Read on to understand how.

Why your staking method is important 

Whether betting on gut instinct or backed by data-logged spreadsheets, bettors’ primarily focus on who to back. According to one prominent mathematician, however, if they want better returns, they should be more concerned with what they bet.

Why we offer more value than an Exchange

Pinnacle Sports pride itself on offering the best value odds – including exchanges. Bettors often challenge this claim because they aren’t clear on how exchanges function or how to make a direct comparison given the distinctive model.

Predictive skills - Are you a Fox or Hedgehog?

One man’s crusade to measure predictive ability and relate to the Fox-Hedgehog dichotomy led him to insights that gamblers should find eye-opening.