Betting Strategy & Psychology

A guide to hedging outright markets in sports betting

From the world of finances to casino games, hedging is a key strategy applied across the board by professional bettors as a means of reducing risk and securing winnings. Here’s how to use hedging in the outright sports betting markets to secure profits.

Is Leicester’s overperformance and Chelsea’s underperformance set to continue?

With forecasting systems mainly based on past performances, understanding regression to the mean is crucial for sports bettors. The 2015-16 EPL season has been no short of surprises so far, raising the question: Are extreme outcomes sustainable? Here’s what statistics have to say about it.

Are winning streaks in sports betting real?

The term “hot hand” originates from basketball, where a player’s probability of hitting a free throw is believed to be higher after a hit than a miss on the previous shot. In sports betting scenarios, the term is used to describe a bettor with a persistent winning record. But is the mysterious “hot hand” scientifically proven?

Is the Labouchere betting system profitable?

To be profitable in sports betting, staking strategy is as important as finding value odds. With many progressive betting systems, such as the Labouchere betting system, promising almost infinite wealth, are they a good idea to follow? Here’s the academic answer to the question.

No more fooled by cognitive bias

Research in neuro-economics, the science that seeks to explain human decision-making, has shown that money-making experiences are processed by the brain in the same way as chemically-induced highs, while financial losses are handled as if mortal dangers. So what can bettors do to increase their chance of profitable survival while walking a tightrope between euphoria and disaster?