Setting the odds for a sports event is essentially a function of pricing the market. Setting the odds to make a profit is a critical function that bookmakers have to do well if they want to be successful in the bookmaking business. There are a number of aspects to be considered when pricing the markets for sports betting events. The first and foremost objective here is...
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Poor money management If you are a freshman in sports betting and have not had much experience in it before, it is quite normal for you to make mistakes, and have your bets go wrong from time to time. Gambling and sports betting are risky activities, and even highly experienced, professional gamblers and sports bettors make mistakes. It is inevitable that these mistakes will cost you something,...
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Teasers are one of the more advanced types of wagers in sports betting. Similar to parlays, teasers involve combining two or more team selections as a part of the single wager, and all of the selections have to win in order for a teaser to payout. The selections included in a teaser betting card must be based on either point spread bets or totals bets....
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Some players like opportunities to win big with a relatively small amount of risk. Parlay bets serve these types of players quite well, as they offer the potential for a big payout with relatively low risk. Parlay betting is the type of sports bet where multiple individual bets (typically 2-10 bets) are combined into one bet or so-called betting card. Combining the bets makes the odds...
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When players become more engaged and experienced in sports betting, they may find handicap betting as a new way to diversify their betting interests. The point of handicap betting is to even up the odds of winning between competing teams by giving one team, typically the underdog, an advantage with extra points before the onset of the game. Handicapping is used in sports that earn points,...
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Live betting, also referred to as in-running or in-play betting and is an activity of placing bets on a sports event after it has already begun. As opposed to fixed-odds bets, where bets are placed prior to the beginning of the match, live betting provides players with options to place and change bets at any time throughout the duration of a sports event. With all the...
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Everyone has heard stories about people lucking out a mega jackpot in a gambling venue and becoming super-rich overnight. This is exactly the idea that entices many people to join land-based or online casinos and try their lucky chances to win big. Gambling operators greatly benefit from it and attract players to their venues with multiple and diverse drawings. Herewith we will examine the concept...
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The history of human civilization goes hand in hand with the history of gambling, for as long as humankind has existed, some groups of people have always assembled to gamble. Plenty of evidence points to the existence of gambling in ancient times. Gambling in ancient China Some of the earliest material evidence of gambling games came in the shape of tiles, which were excavated in China, and...
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French gambling industry has seen a strong growth across segments such as sports betting and lottery, and, according to Gambling Research, is expected to grow at a CAGR of 4% over 2016-2020, and reach EUR11 billion (US$12.64 billion) in 2020. This growth is mainly attributed to the emergence of online operators in the French market following the legalization of online gaming in the country in...
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Cameroon is located on the east coast of Africa with a population of about 22 million people. Gambling is legal here, but not properly regulated. There are three land-based casino establishments in the country, as well as several smaller gambling facilities. Some of them operate illegally. The largest casino in Cameroon is Hilton Hotel Casino, which is located in Yaoundé. The other two are in Doula:...
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