Creating / Managing a Sports Betting and Poker wallet 

I created this guide to report some of my experience in banking management over the years and especially for advanced users, those who bet far beyond a simple weekend or one or another month, is a essential guide for those who want to go further and who want to bet on sports and playing poker in the long run and with some frequency.

One of the most important things I learned and what should be the first golden rule for any long-term player (Sports Betting and / or poker) is have a completely separate banking and specialized banking day-to-day. It Read More

Betting Glossary 

Glossary of terms used in Sports Betting:

AH – Asian Handicap. – Here is the explanation .
Banker - Banker is a term that is used for games where one outcome is almost certain.
Bankroll - Bankroll is the amount you have to make a bet.
DNB or Draw No Bet – Draw No Bet or DNB is a bet that if the game end with a draw, the stake is returned. Read More

The Risks of Arbitrage Betting 

It’s been some time since I posted on my old blog on this subject and since we’re driving at this type of “trading” (could it be?), I thought it best to return to post some aspects that make us actually lose money in this supposedly no risk way to win.

1 – Cancellation of bets due to betting shop errors
Certainly many of you have already suffered from the cancellation of a won bet because the betting shop says it did not define the odds. There is nothing to be done about this, and when we create an account with a betting shop, we can be sure to accept that it will happen. In arbitrage, this is an extremely important factor seeing as we have two sides, one that will win and one that will lose (in the more common case of back/lay arbitrage). Here if our bet effectively wins but the betting shop cancels it, we lose the total amount from the other side. In my experience, betting on totally absurd odds with arbitrages higher than 10% should be avoided because they attract an intervention by the bookie.

2 – The odds change rapidly Read More