The bottom line is that distributions are always supposed to spit out probabilities in relation to a certain random variable. The random variable is the outcome to be analyzed, for example the number of hits. In the normal distribution described above, the individual probabilities are calculated with an average probability (90% hits in the example).… Continue reading What is the Poisson distribution?
Category: Betting Strategies
The house doesn’t always win — especially when you have the right strategy. Discover how in our “Betting Strategies” category.
How To Choose The Reputable Bookmaker and Online Casino?
The choice of a trusted and reputable bookmaker or online casino is crucial if you bet on money or play online casino games. Therefore you need to deposit and withdraw your money without any issues or fears. The problem is, the gambling and betting markets are huge, and there are thousands of bettors and gambling… Continue reading How To Choose The Reputable Bookmaker and Online Casino?
The Pros and Cons of Betting on Favorites
Betting on favorites is one of the most common strategies in sports betting. At first glance, it makes perfect sense that favorites are favored for a reason. They have better stats, stronger teams, and more public support. Whether you’re betting on 20bet or any other platform, backing the favorite often feels like a safe move.… Continue reading The Pros and Cons of Betting on Favorites
Arbitrage Betting: How It Works (and Its Risks)
For bettors seeking guaranteed profits, arbitrage betting—also known as arbing—seems like a dream strategy. The concept is simple: by placing bets on all possible outcomes of a sporting event using different sportsbooks, you can lock in a risk-free profit no matter the result. But while the theory is sound, the execution comes with risks, limitations, and red flags. Here’s how… Continue reading Arbitrage Betting: How It Works (and Its Risks)
Using Betting Calculators to Maximize Value
Smart sports betting isn’t just about instincts—it’s about numbers. To make strategic decisions and uncover value in your wagers, you need to calculate true odds, potential profits, and optimal stakes quickly and accurately. That’s where betting calculators come in. These tools can help you eliminate guesswork, reduce risk, and find value in even the tightest markets. Whether you’re a beginner or… Continue reading Using Betting Calculators to Maximize Value