Tour de France Betting – Bet on the winner of the Tour de France
TOUR DE FRANCE BETTING – BET ON THE WINNER OF THE TOUR DE FRANCE
Taking place between Saturday 5th July and Sunday 27th July, the 95th Tour de France consists of twenty-one stages, covering a total distance of some 3500 kilometres (close on 2200 miles). The stages are divided into 10 flat, 5 mountain, 4 medium mountain and 2 time trial stages. A total of 20 teams, each of nine riders, make up the 180 riders lining up in the 2008 Tour.
Teams and Riders
France are represented by 6 teams, Spain 3, Belgium, Italy, Germany and the US by 2 each, with Britain, Denmark and Holland each fielding a single representative team.
Leading Contenders
Silence-Lotto
The Australian connection is the key to this Belgian team. Cadel…
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How do Betting Odds work?
HOW DO BETTING ODDS WORK?
The Basics
The book percentage (or “overround”) is defined by the Racing Post as the “sum of the quoted probabilities across all horses in a race”. The bookmakers assign each horse a probability of winning, represented by its odds. The percentage of the “book” represented by particular odds can be calculated by adding one to the odds and dividing the resultant figure into 100. For example:
Evens: 100 / (1+1) = 50%
2/1: 100 / (2+1) = 33.33%
3/1: 100 / (3+1) = 25%
4/1: 100 / (4+1) = 20%, etc.
Simplistically, the overround is indicates the bookmaker’s profitability on a race. If an overround is 125%, then the bookmaker can expect to make a profit of 20% (25/125). However, this profit…
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Where can I find the best sports betting odds?
WHERE CAN I FIND THE BEST SPORTS BETTING ODDS?
Obviously any punter wishing to bet on a sports event, of whatever sort, will be seeking to obtain the best value for money by partaking of the best prices on offer. For the inexperienced punter, finding the best sports betting odds can be a tricky process. Nowadays, it is not difficult to imagine a novice simply being overwhelmed by the vast choice of different types of online bookmaking sites.
Online Bookmaking Sites
It is probably fair to say that the vast majority of online layers offering sports betting cover the vast majority of events. However, the quality of coverage, in terms of the markets and prices offered can vary widely from bookmaker to bookmaker, depending on the sport /…
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A Look at Sports Betting systems
A LOOK AT SPORTS BETTING SYSTEMS
The majority of sports punters seek some kind of system to help them gain an edge over the layers. Whilst some systems are undoubtedly worthy of investigation, others, despite having been in existence for years, are absolutely worthless. The following seeks to aid in differentiating between the two types.
N.B. The Following Sports Betting systems are designed to work (or not!) with standard UK bookmakers such as 888sport, Blue Square and Bet 365.
The Martingale System
At one stage or another in their gambling career, punters seem sure to discover a “sure fire” betting system that involves double the stake after each loss. This system, known has the Martingale, has existed for many years and has financially ruined many punters. It…
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A Beginner’s Guide to Spread Betting
A BEGINNER’S GUIDE TO SPREAD BETTING
What is Spread Betting?
Spread betting is an exciting, fast-growing and stimulating form of betting, which offers the client a huge selection of different options to those offered in the fixed odds markets. Contrary to the opinions of many novice punters, spread betting is not complicated. Although numerous spread betting opportunities exist regarding financial markets (UK 100 index etc.), these are not particularly popular with the average punter, so this piece focuses on sports spread betting for the sake of simplicity. There is a huge variety of betting opportunities, but they all rely on one fundamental principle. Once the simple concept is understood, spread betting becomes immediately comprehensible.
Many punters have found that spread betting greatly enhances their watching of sports…
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Weighing the odds in Sports Betting
WEIGHING THE ODDS IN SPORTS BETTING
Understanding Betting Odds
As a novice punter, a knowledge of betting odds and the associated terminology is imperative.
Stake
This is simply the amount of money a punter bets on a given event.
Odds
Odds are based on a bookmaker’s estimation of the probability of a particular outcome of a sporting event. Odds are dynamic and will fluctuate as bets are taken at the odds offered. If one team / player is particularly popular with the punters, the bookmaker will shorten those odds (i.e. offer lower odds) and / or lengthen the odds (i.e. offer higher odds) on the opposition in order to attract more people to back the lesser-fancied rival. If an outcome is referred to as being at short…
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How Sports Betting works
HOW SPORTS BETTING WORKS
A simplistic definition of sports betting is wagering on the occurrence of an event. If the predicted event occurs, the bet is won, otherwise it is lost. The huge range of events and markets available makes betting on sport a satisfying activity for professional and casual punters alike. It is based on the same fundamental principle as any other type of betting, namely that the “book” should not lose money. Bookmakers, assisted by specialist odds compilers, advertise odds dependent upon their estimation of the probability of a certain event taking place.
Such odds are not static and can change with trends in the betting market and the time remaining prior to the event. Prices are dynamic because if too much money is bet on…
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How does Sports Arbitrage betting work?
HOW DOES SPORTS ARBITRAGE BETTING WORK?
An arbitrage situation occurs in sports betting when bookmakers’ prices differ by a sufficient margin that they allow punters to back all the outcomes of an event and still make a profit. Imagine that old adversaries Roger Federer and Rafael Nadal are priced up in a tennis final as follows:
Ladbrokes offer 6/5 Federer and 8/11 Nadal
Bet 365 offer 10/11 Federer and 10/11 Nadal
Backing each player for a return of £1000, at the best price available, requires £454.55 on Federer at 6/5 and £523.81 on Nadal at 10/11 with Bet 365, a total stake of £978.11.
If Federer wins, £454.55 @ 6/5 returns £1000.01, less the total stake of £978.11 = £21.90 profit
If Nadal wins, £523.81 @ 10/11…
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