Sports Betting For Beginners

Sports Betting For Beginners

The world of sports betting is intriguing to many millions around the world who like to wager on the outcome of football matches, horse races, darts and other events. If you have made it to this guide, the likelihood is that you are one of these people who are looking for a little guidance on how to become a better bettor.

We will look briefly at some of the key features of sports betting that will hopefully get you in winning ways.

Get Clued up

First and foremost, if you want to be successful at sports betting then it is essential that you read up on the sports you like to bet on. Check the form of any team involved in the particular bet and investigate such things as player fitness, the team’s records against the opposition, and so on. Any serious bettor will ensure they have all the angles covered before risking any of their hard earned money.

The Bookie v The Exchange

There are two different types of betting companies that facilitate the placing of orthodox sports bets. Firstly you have the bookmaker – the traditional bet taker who allows you to gamble on a certain outcome happening. For example they will set odds on a horse winning a match, a team winning a match, or a player winning Wimbledon. Bookies are considered by many to be a little bit out of touch with the modern sports bettor although they are good at what they do.

On the other hand you have the exchange that is the middleman between two parties who want to bet against each other. This is the great feature of the exchange as it enables people to bet on something from NOT happening such as Manchester United not winning against Arsenal, etc. If you bet on an exchange, in most cases you will come across better odds than what you will be offered by a bookmaker. This is essentially because of the sheer quantity of relatively inexperienced people that agree (match) odds on these sites.

Odds

In betting, odds represent the return you will receive from a successful bet. The odds a bookmaker offers should not be interpreted as a true representation of the likelihood that your horse will win. They are simply an opinion and also take into account the bookies’ ‘over round’ which is provided for so they make a profit.

When looking at a gambling website, you find odds shown in two different ways; using fractions or in the decimal format. If they are shown as fractions, you will see two numbers separated by a slash i.e. 2/1. In this example for every pound you bet on something, you stand to win two pounds. If they were in decimal format they would be shown as 3:0.

Odds Comparison

There is little point in settling for the odds you find on offer from the first bookie you come across. By checking the market you will find that are some massive discrepancies that can be taken advantage of to win you more money. The quickest and simplest method for comparing odds is by using a website’s software that can be found by searching on Google. Som
1000
e of the most popular are Easyodds.com, Oddschecker.com, and Bestbetting.com. They will search all of the bookies out there in real time and highlight the best one for your particular bet.

Betting Types

Within each sporting event there will tend to be a number of different markets that are available for you to be on which will vary depending on the popularity of the sport/event in question. Horse racing markets are generally quite limited due to the nature of the sport and you are normally constrained to betting on the winner of a race or the order in which the horses will finish. With football betting and some other popular sports there can be a whole array of markets at the punters disposal. For example, the larger soccer matches will have such bets available as first goal scorer, total number of corners, correct score line, whether there will be a red card, and so on.

By: Kris Beus

Article Directory: http://www.articledashboard.com

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This post was written by admin on September 27, 2009

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Forex Spread Betting – How to find the Movers!

One of the great advantages of Financial Spread Betting over investing in equities directly is the ability to place bets that effectively both ‘buy’ and ’sell’ stocks, without ever having to actually own any. So now instead of only looking for stocks that we believe will rise in price, we can make just as much money on stocks that we believe are going to fall in price. Just think, twice the opportunity!

So, in an environment where we can make money on stocks going up or down, we soon realise that the only thing we can’t make profit on is stocks that stay the same. So fundamental to our strategy is clearly to find stock that will change in value, and our prized stock are the ‘movers’, those that change value rapidly.

Whilst it may be true that stocks and share prices can ‘drift’ with market sentiment over time, the biggest movements arise from information about the company somehow finding its way into the market. That could come in the form of a news story, or perhaps a press release. Whilst you should always be alive to the possibilities that these situations present, it’s difficult to plan for them in advance, as they are rarely scheduled events.

However, there is at least one event each year for every company where financial information does come on to the market, and that is when they release details about their financial results. Indeed for the quoted companies in the FTSE 100 and FTSE 250 this is usually twice yearly or even quarterly. Given that there are 350 companies in those indices combined, that is 700 statements a year or almost 3 each trading day. Generally speaking they will be released at 7am, before markets open.

Now, the companies do speak to analysts throughout the year, and if the results are in accordance with city expectations then the impact of the results may already be factored into the share price. On many occasions, however, it is not, particularly in turbulent economic times.

And the beauty of results announcements are that you can find out exactly when they are going to be, as they are pre-scheduled by the company involved and listed in most of the financial press the week in advance. So by being aware, you get the chance to watch how the market reacts to the statements as the markets open. You need to take care with this kind of spread bet in the same way as you would take 1000 caution with any bet. Watch some first before you jump in and invest. See how the market reacts, and work the trends. Don’t forget, it doesn’t matter what you think of the results, it’s how the market reacts to them that you need to respond to.

Mike Sanders

Managed Forex Account

By: Stuart Smith

Article Directory: http://www.articledashboard.comStuart Smith writes extensively on Financial Spread Betting subjects and is the owner of leading website www.spreadbettingftse.co.uk

 

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Bet Forex On Market – The Best Way To Trade With Small Budget!

wallstreetHere at Clean Financial we want to help you select the trading options that are right for you.

Whilst we concentrate on spread betting, a useful addition to your spreads account is having a financial fixed-odds account.

In this case we’re talking about the award winning BetOnMarkets who are the clear leaders in this field.

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Take the free Report from FOREX BETTING SYSTEM and make Money on the fast way.

Mike Sanders

Managed Forex Account

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