OLBG Top Blogs

  • Betfair Exchange and Sportsbook - The Difference.

    davidg3907 on 27 Sep at 00:04

    Betfair Exchange and Sportsbook - The Difference. The simplest analogy is to say that the Betfair Sportsbook is the equivalent of a traditional bookmaker, and the Betfair Exchange is similar to a couple of friends having a bet between themselves on the outcome of a race, a match, or whatever. Everyone is likely to be familiar with how a bookmaker operates, so I shall just endeavour to outline the concept of an Exchange. Betfair - the original concept. Prior to 1999, punters had the choice between bookmakers and the Tote as far as racing was concerned. Betting on football was limited to bookmakers, football pools, and fixed odds coupons. When formed in that year, Betfair brought a new dimension to punters; they could literally bet against each other instead of pitting their wits against a bookmaker. As millions of punters could…

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  • What is Arbitrage Betting and can I profit?

    davidg3907 on 23 Sep at 18:52

    What is Arbitrage Betting and can I profit? The (very) short answer to the second part is of course, yes. Simplistic as it may sound, this is because Arbitrage betting (arbing) is not actually betting (gambling) at all, because there is no risk involved once the bets are placed. If done proficiently, a profit is guaranteed at the moment you place the bets. How can that be, you ask? The easiest way to explain this is to show the difference between trading and arbing. Look at it this way. If you buy something for £10 and keep it for a while before trying to sell it for a profit, you are trading. When subsequently selling the item for £11 you have made a profit. However, the value of the item may drop after you purchased it, and when you eventually sell it for £9…

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  • Strictly Come Dancing 2016 Series 14 #SCD #Strictly Week1

    garlicsauce on 24 Sep at 22:37

    Strictly Come Dancing 2016 - Series 14 #SCD #Strictly Week 1 Launch Show and Pairings - Read It Here! THIS IS A NO SPOILER BLOG AND THE ELIMINATION RESULTS WILL ONLY BE UPDATED AFTER THEY HAVE BEEN ANNOUNCED IN THE RESULTS SHOW NO PUBLIC VOTE FOR WEEK 1 - JUDGES SCORES ARE CARRIED FORWARD TO WEEK 2 Anastacia & Brendan Dance - Cha Cha to 'Lady Marmalade' by Christina Aguilera, Mya, Lil' Kim and Pink Anastacia looked supremely confident at the start, but things didn’t quite go to plan. There was a huge wobble off one of the spins and a few more errors littered the routine which was a shame. It was really sexy and she attacked the dance with gusto. The Judges were impressed, but she may need to reel it in a bit and not get overconfident so early. It…

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  • Understanding Betting Odds to give you an advantage

    nors on 26 Sep at 14:57

    When you understand betting odds and percentages your profits will increase. By thinking of the Modus Operandi (MO) of the bookmakers and putting yourself in their shoes then you can start to see what they are up to with individual prices.The Executioner in his excellent Bookmaker Betting Percentages blog explained how each price is equal to a percentage. 4.5 or 7/2 = 22.20 % 6.0 or 5/1 = 16.67 % 9.0 or 8/1= 11.11 % The Racing Post each day publishes the betting percentages of each race and you can see the variation between bookmakers. In this example Paddy Power have the biggest percentage book at 121% and BetVictor have the smallest percentage book at 114%.The 21% and 14% above 100% are the bookmakers overround. The overround is the bookies advantage and is calculated so they will collect more from punters than they…

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  • Betting on the 2016/17 NFL Season using The Underdog Theorem

    Callingnumber6 on 21 Sep at 14:12

    The Underdog Theorem (based on the work of Eddie Getz) works on the principle of parity in the NFL ie all teams over time should be equal. Having established a 'streak' (0-2 or 2-0) we establish a 'Portfolio' of teams who, once they enter the portfolio 'owe' us a payout. This seasons portfolio comprises the following teams: 2-0 teams New England (NEP) Pittsburgh (PIT) Baltimore (BAL) Houston (HOU) Denver (DEN) NY Giants (NYG) Minnesota (MIN) Philadelphia (PHI) 0-2 teams Miami (MIA) Buffalo (BUF) Cleveland (CLE) Jacksonville (JAX) Indianapolis (IND) Washington (WAS) New Orleans (NOS) Chicago (CHI) Whatever your view of individual sides the system is purely mechanical taking emotion out of betting. For example I follow the Jags and am surprised to see them 0-2 but there it is. Now the next step is to look at the schedules of all the teams and…

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  • Malaysian Grand Prix - Formula 1

    Ralfie1982 on 23 Sep at 11:48

    Malaysian Grand Prix So we make the short hop from Singapore to Malaysia, hello by the way! You all good? Ready for another hot race? Yes? I cant hear you… Thats better! Right lets see what is what at the Sepang Circuit. Before we do though - a small confession, I didn't see the Singapore race, but from what I read it was interesting behind Nico but he cruised home without too much issue after Lewis’ issues in P2 on the Friday. If you like what I do blog about why not check out my others for the football, golf and F1 here There is plenty of discussions on all of these topic over on the OLBG Forum pages (where you can win cash prizes so head over to the Forum for your chance to have a say. If you want to see…

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  • The Betfred Cesarewitch Handicap 2016 : Preview with antepost and race day tips

    The Market Man on 22 Sep at 17:37

    The Betfred Cesarewitch Handicap 2016 : Preview with antepost and race day tips The Cesarewitch is one of the top staying handicaps of the flat season and with the Ebor, the Northumberland Plate and the Ascot Stakes, it offers flat trainers an opportunity to send their horses over distances normally associated with their National Hunt colleagues, so it should be of no surprise that trainers from that code have often tasted success in this prestigious Newmarket handicap. Also, coming two weeks after The Betfred Cambridgeshire, it forms the second leg of the Autumn Double. Some facts and figures to consider Two 9/2 favourites, two 50/1 shots and two 66/1 shocks. That's just in the last decade. National Hunt trainers have won the race 5 times during that period, with many other places being filled by horses residing at stables with runners…

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