A Quick Guide to Football Betting

A lot of football gamblers know very well how the markets and odds provided usually work. However, for those individuals new to the football betting might experience some problems while trying to pick the best odds in their chosen markets. Such gamblers should find it necessary to acquire free betting tips from individual sites which offer the services. It is crucial for new bettors to understand correctly various markets and how they work. Free betting tips will only be of benefit to gamblers if they know football betting basics. Football fans should comprehend the typical markets before staking their money on any fixtures.

There are numerous options available for punters to stake their money when it comes to football betting. The activity of betting on football games has become so popular that several sites usually offer betting tips for their visitors. Tipsters often offer free betting tips on markets which are easily predictable. Advice on complex markets is often sold to punters since their odds are high and consequently the returns if a bettor wins the bet. Popular markets are explained so that those new to football betting can easily understand where they are staking their money and the possibilities of them to lose or win the bet.

The most common type of market available for football betting is the match betting. In this type of market, the punter simply has to choose the outcome of the game. The options are usually displayed as 1X2. 1 represents the home team to win the match, X stands for the match to end in a draw while 2 stands for the away team winning the encounter. This market is often very easy to predict unless in a situation where competitive teams are facing each other. The team which is most likely to win the match is usually low compared with the odds for a draw and the other team to win. Tipsters are likely to give free tips where the outcome of the match is somehow obvious example in a case where a strong team is facing a weaker team. When teams of equal strengths and capabilities are facing each other, it is hard to pick winning odds. In this case, tipsters usually don’t give free betting tips. They either sell the tips for the game or avoid predicting at all. A lot of new bettors prefer this market since it is easy to choose and not sophisticated at all.

Another common market in football betting is: Both teams to score. This market is often displayed as GG for both teams to score and NG for both teams not score. It is also a favorable market for most punters. The make was not available in many sites until Betfred introduced it. Other betting companies have since incorporated this market in their sites. A predictor can either choose that both teams will score or both teams not score depending on their analysis or feel about goal scoring abilities of the teams facing each other. Free betting tips are often given by tipsters on this market. Punters who are not sure which option to go for should seek services of tipsters who carry thorough analysis before deciding whether both teams will score or not.

Double chance is yet another form of a market available in football betting. In this type of market, bookmakers protect the punters who are against any team to emerge victorious in a match. Such punters can choose their favorite team to win or draw the game. The bet will be a winning bet if the team either win or draw the game. Even though odds of this market are small, several bettors prefer it since it somehow reduces the risk of losing the bet. Free betting tips are often given by tipsters concerning this market. It is the best market for those punters who want to back a team which they are sure it will not lose the game. Another form of the double chance market can be in such a way that the game will not end in a draw. Denoted as 1 or 2, this form of the double chance market means that either team A or Team B will win the match. It is the best market for those bettors who are sure that the game will not end in a draw.

Handicap betting is also a type of market provided for football bettors. This kind of market usually has good odds, and those who risk it successfully are always rewarded handsomely. It is best for punters who are sure that a particular team will win the match, but the odds are not satisfying. Such punters can, therefore, go for this market which entails giving the weaker team one or two goals and still lose the match. Punters choosing this market should be very careful and be confident that the underdog team will be beaten by a good margin surpassing the handicap goals given. If for example, an underdog is given a handicap of two goals and they score another goal, the superior team will have to net four or more goals for the punter to win the bet.

Another common type of market available for football bettors is the under/over betting. In this kind of market entails the punter choosing if the overall goals scored in a match will surpass a certain number. The mark is mostly placed at 2.5 goals while other bookmarkers can place it t 1.5 goals. Choosing over 2.5 goals, for example, means that the punter predicts that the total goals scored in the game will be three or more. The market is favorable to most bettors sand free betting tips are often offered on this market.

Other markets such as first goal scorer and anytime time goal scorer are often given by football betting companies. Such markets are rare, but common in only professional or rather well knowledgeable bettors. It is hard for new gamblers to decide on this market especially when one does not know the abilities of the players well.

Soccer punters should be careful when choosing which markets to bet. Those who are not so sure about their intended picks can seek services of tipsters who offer free betting tips.

The Roulette Betting Strategies That Work For Me

Roulette is one of my favorite casino games which able to make me some winning money especially from online casinos. Although I did not win at all my bets, but I am able to exit with net winnings almost daily by using some of strategies I picked from free casino eBook with titled “Roulette Winning Betting Strategies Revealed”. Let me share one of the strategies that work for me.

I was invited to review the eBook with titled “Roulette Winning Betting Strategies Revealed” written by Kevin Belington. I found that it is one of the best free e-books that disclose most of betting strategies taught in other casino ebooks that sell for money. Kevin, the author of the book had explained the common strategies used by most casino players and how these strategies may cause risks if the outcomes are not results as expected. Then, he explained how he modified the common strategies so that the strategies work best for him and help him to win at casinos consistently.

I try to test each strategy at the online casino recommended by the author since I am also a registered player for that online casino. Basically, the betting strategies work find as the strategies had tried to take into consideration of various outcome possibilities. But, I found that not all the strategies suit my playing characteristics. And, these strategies will even work best for me with a minor modification. Let review one of the strategies of my best pick from the book:

64% Column/Line Betting Strategy

This strategy required you to wait for 4 consecutive Roulette’s outcomes to fall on the same column or line before you place your bet on the two columns which are not the outcomes. You need to triple your betting amount on each loss and you need to take the loss if the next 3 consecutive outcomes continue to fall on the same column as the last 4 runs when you start your bet.

How I Implement It

Although the 4 consecutive outcomes fall on the same column or line are common for Roulette, and most of time, I will be able to make winning within the next 3 runs. But, I would like to play safe and take care of the worst scenario I ever met such 8 consecutive outcomes on the same column/line and 6 consecutive outcomes on the same columns with 2 turn of zero; I always wait for 6 consecutive outcomes to happen on the same column/line before you start my bet; and I make sure my bankroll have enough money to cover to next 3 runs when there is a need to increase my betting amount if I hit the loses.

By tightening the condition from 4 consecutive outcomes to 6 consecutive outcomes that fall on the same column/line before I start my betting actions, I will need to wait at a long time for the condition to meet, but it helps me to cover for the worst condition and minimize the risk of losing my money.

Summary

The free ebook, “Roulette Winning Betting Strategies Revealed” basically is a good casino playing guide, but you need to use the strategies smartly and implement them in the best way that work best for you.

Poker Mathematics – Part 9 – The Bluff Formula Explained

We need to start with the standard B/E Formula.

B/E Formula for Fold Equity

The basic B/E Formula is Win Value = Lose Value or Win Value – Lose Value = 0

If you introduce b, where b = B/E Fold Equity %, the formula changes to

Win Value x b – Lose Value x ( 1 – b ) = 0

AND

Lose Value x ( 1 – b ) = Lose Value – ( Lose Value x b )

Therefore the formula Win Value x b – Lose Value x ( 1 – b) = 0 can be expressed differently and converted to the formula for both a Cold and warm Bluff.

Win Value x b – Lose Value x ( 1 – b )

equals

Win Valuex b – (Lose Value – (Lose Valuex b))

equals

Win Value x b + Lose Value x b – Lose Value

equals

b x ( Win Value + Lose Value ) – Lose Value

Therefore

b x ( Win Value + Lose Value ) = Lose Value

And

b = Lose Value / (Win Value + Lose Value) where b = B/E Fold Equity

If we consider the pot and a bet to try and win it, the win value = money in the pot and the lose value = the bet cost (cost of bluff).

We use this to build our formula for both Cold and Warm B/E Fold Equity

B/E Fold Equity = Cost of Bluff / (Money in Pot + Cost of Bluff) (This is the Cold Bluff Formula)

B/E Fold Equity = Average Loss / (Money in Pot + Average Loss) (This is the (warm) Semi Bluff Formula)

Average Loss

If we go back to basics and the standard B/E formula for the fold % in a Cold Bluff

Money in pot is Cost of Bluff = Cost of bluff / (Money in pot + Cost of bluff)

If we move to the Warm or Semi Bluff formula for the fold %, the Cost of Bluff is replaced by Average Loss (our true bet cost or EV when called), but what is Average Loss?

Average Loss is equal to our (winning) equity in the current pot and (winning) equity in villain calling cost, less the losing equity of our bet cost

(Current Pot x Equity) + (Calling Cost x Equity) – (BC x (100% – Equity))

However the (BC x (100% – Equity)) can be expressed as

BC – (BC x Equity)

Therefore the Warm or Semi-Bluff Formula can now be expressed as

(Current Pot x Equity) + (Calling Cost x Equity) – (BC – (BC x Equity))

OR

(Current Pot x Equity) + (Calling Cost x Equity) – BC + (BC x Equity)

The equity figure is a constant, amending the formula

Equity (Current Pot + Calling Cost + Bet Cost) – Bet Cost

The Current Pot + Calling Cost + Bet Cost is equal to the Final Pot and this reduces the Average Loss formula to

(Final Pot x Equity) – Bet Cost

Therefore if we replace the Cost of Bluff in a Cold Bluff with the Average Loss in a Warm or Semi-Bluff, our Ratio and Formula to determine the villain fold % is

Money in Pot: Average Loss equals Average Loss / (Money in Pot + Average Loss)

OR

Money in Pot is ((Final Pot x Equity) – Bet Cost) equals ((Final Pot x Equity) – Bet Cost) / (Money in Pot + (Final Pot x Equity) – Bet Cost)

We have hero covered after calling a squeeze bet preflop – how often does villain need to fold on the flop to make a bluff profitable?

Hero Hand 9d8d

Villain Squeeze Range 10%

Flop 2d5h6h

Effective Stacks 58.05

Current Pot 23.50

Final Pot 139.60 (23.50 + 58.05 + 58.05)

Bet Cost 58.05 (This is also the calling cost)

Equity 33%

(The flop equity is from Poker Stove and increases by 1% if you ignore the flop cards).

Average Loss is (139.60 x 33%) – 58.05 = 46.07 – 58.05 or – 11.98

Fold % is 23.50: 11.98 equals 11.98 / 35.48 or 33.76%

Therefore the opponent needs to fold more than 33.76% to make the semi bluff profitable and the true bet cost is 11.98 to win 23.50

Texas Hold Em Poker Hands Explained

The different Texas Hold Em Poker hands are exactly the same as normal poker hands. If you don’t know these don’t worry because I am going to explain them all. There are ten different hands that you can have. In order from worst to best, they are: low, 1 pair, 2 pair, 3 of a kind, straight, flush, full house, 4 of a kind, straight flush and royal flush. I will explain each of these in detail. The person with the highest hand wins.

When people talk about cards in text they will type the number of the card, and also a letter denoting the suit. H=hearts, D=diamonds, S=spades, C=clubs. Jack is J, Queen is Q, King is K and Ace is A. So for example a nine of clubs is 9C and a queen of hearts is QH. Some people put a hyphen ‘-‘ in between, some not. For multiple cards in a hand some people will just use a space i.e. 7D 8D 9D 10D JD or some people will use a hyphen i.e. 7D-8D-9D-10D-JD. Sometimes people wont put anything and this is usually hard to read. It takes a little getting used to but you should be able to decode most peoples explanations with little effort.

Now for all of the Texas Hold Em Poker Hands:

Low: This hand is very bad. A low hand is essentially nothing. You have no good hands. An example would be 7D-5S-4C-3C-2H. Its nothing. Although for the most part this hand is very bad, if two people have a low hand the person with the single highest card wins.

1 Pair: This is the first hand you will usually make. A pair is having a single pair of a type of card. The number must match and obviously the suit won’t be able to. An example would be 2H-6H-10C-JC-JS. So in this example the player has a pair of jacks. When two more more players have a pair the person with the highest pair will win.

2 Pair: This is a fairly good hand you can usually get quite easily. 2 pair is just like have a pair two times. An example would be AC-7H-7D-QC-QH. So in this example the player has a pair of 7’s and a pair of Queen’s. When two players both have 2 pair the player with the single highest pair out of all of them wins. It doesn’t matter if his second pair is lower then the other players.

3 of a kind: This is a good hand that you can make quite easily if you start with a pair in the hole. This hand is simply having three cards all of the same, like JH-5S-8C-8S-8D. This player has three 8’s so has 3 of a kind. If multiple players have 3 of a kind the player with the highest wins.

Straight: Here we deviate from the standard number matching. A straight is any five consecutively numbered cards. It doesn’t matter what suit just the numbers must be consecutive. For example 7D-8H-9S-10C-JH. If more then one player has a straight the player with the highest overall card at the end of the straight wins. An Ace can be used as either a low ace, like 12345, or a high ace, like 10JQKA. It cannot be used in the middle. QKA23 is not a valid hand and would be considered a low hand.

Flush: A flush is simply any five cards with the same suit. It doesn’t matter the number of the cards they just all have to be the same suit. An example would be AS-2S-6S-JS-9S. See how they are all spades? That is a flush. If two or more players both have a flush the person with the highest overall card will win. So having just one Ace, King or Queen in your flush tends to pay off.

Full House: A full house is a 3 of a kind plus a pair. An example is KD-KH-3S-3C-3D. See the 3 of a kind of three’s and the pair of king’s. This hand is very good but harder to get. The more important numbered card is the one in the 3 of a kind. If there is a showdown the player with the higher number in their 3 of a kind will win.

4 of a kind: As the name suggests, this hand is having 4 of the same kind of card. Like QC-QD-QH-QS-10C. Four queens makes 4 of a kind. Like with all the other hands, if two players have a four of a kind the player with the highest numbered card in their 4 of a kind will win.

Straight Flush: This hand is extremely hard to get and is a combination of the straight and the flush. So the numbers of the cards must be consecutive and all the suits must be the same. James Bond wins with a straight flush in Casino Royal. An example is 4S-5S-6S-7S-8S. Consecutive numbers plus all spades. If more then one player has a straight flush the player with the highest numbered card on the end of their’s will win.

Royal Flush: This is just a straight flush but at the top end. Its essentially the highest straight flush you can get. Its the ultimate: 10H-JH-QH-KH-AH. Nothing beats this hand. This is the best hand you can get.

Still with me?

So I have explained all of the different Texas Hold Em Poker hands that you can get. I put them in order from worst to best. Of course, each better one beats any one under it. So a 3 of a kind beats a pair automatically, and a flush beats that easily. Take the time to read through them again to remember them better. Its worth memorizing these so you immediately know who has won a poker hand, without having to refer to anything. Always remember, when two people have the same hand the winner is the person with the highest overall card making that hand.