Category: Betting

Global sports betting – Market size and growth

The global sports betting market continues to maintain incredible growth in 2020. In fact, this is one of the fastest growing industries in the world, bringing huge profits to both bookmakers. Many sports betting enthusiasts in the US will certainly not be able to ignore this information.

With the burgeoning digital revolution, the industry continues to undergo new changes, increasingly expanding. But it is not that there are no reliable statistics. So it just stops the more modest numbers

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According to Statista, a highly reputable data company and licensed online sports betting accounts for up to $ 39.7 billion in revenue. However, the rest is located at venues such as casinos and racecourse, dog racing.

If this pace continues, US sports betting will gain an increasingly significant share of the world market. According to a recent Statista survey, more than 50 percent of US citizens admit to having bet on a sporting event at least once in their lifetime. With the stigma still surrounding sports betting in the US, this is an astonishing survey.

With a population of over 4 billion, it is not surprising that the APAC region holds the most significant market share in the sports betting industry. It is estimated that residents who fall into the APAC region contribute up to 47 percent of world sales.

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However, the economic prosperity of the rest of the region provides usable income for recreational activities. As income continues to rise in the APAC region, more and more funds are being invested in sporting events.

While all eyes are on the United States and APAC, sports betting is still growing in other parts of the world. Although growth may not seem strong or impressive in Australia and Europe, it is mainly due to the long history in these areas.

Sports betting takes technology products to the next level

In the US, the amount of illegal sports betting is up to 150 billion dollars a year. They even have it right after that situation ends. These highlights videos excite viewers in predicting the next evolution of the match.

From there, bet on the probabilities. It is the success of WSC Sports that has motivated other technology groups to invest more heavily in online sports betting. All information that customers need must be available.

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WSC Sports will automatically send videos of the match’s most notable situations to the user’s facebook account. This makes them feel excited, curious to predict the situation that will happen next in the match.

In the match betting is a more modern type of betting where bettors can bet on an event when it happens. Odds that are adjusted after the event starts reflect how it started and what is expected to open when the event takes place. Odds are updated continuously until betting closes just before the event ends or when the event ends.

Specifically, they rely on machine learning, common statistics, and random approaches to make forecasts. Instead of calculating the results at each arm, the process calculates the results of the random arms. It does this multiple times, each with a different set of branches also randomly selected. The end betting result is an average of all randomly generated decisions

The Emergence Of Sports Betting

Optimove provides services to assist betting companies in interacting with the user of the application through every touch point, every click. They are even interacting via email. Because football is an unpredictable sport with the element of surprise that can happen at any time. Given the momentum of today’s technology, we cannot know what awaits AI ahead.

Another company, Goldman Sachs, was also involved in the game using machine learning. They ran 200,000 simulations and made predictions that Brazil won against Germany in the final.

The popular way to bet basketball nowadays (Part 1)

As mentioned above, the way to bet on basketball and betting on football have similar ways of hitting each other. If you are familiar with soccer betting, you can play basketball betting very easily. Here are some main basketball betting types.

Betting set competition

Lightning bets, also known as round bets With this way, the player will bet on the highest score points. Understandably, each basketball match will have 2 rounds and each round will have 2 rounds. The time for each game is 10 minutes and each game is always arranged in the correct order.

With this bet, the player only needs to predict which team will score the most points in the betting match. However, players still have to wait for 4 rounds to end the house before proceeding to deposit money into the player’s personal account.

If during a match the match is suspended or abandoned for any reason then all bets will be void. The system will refund money to the player and do not determine the winner.

Bet on the team to score first

With this method, players only need to choose which team will score first for the whole game. Bets will include betting on the number of times the ball will be thrown, stealing, passing, scoring 3 points.

According to experience, in order to win in this case, the player needs to carefully study the teams and players of both teams. This will be very beneficial for everyone when predicting the outcome of the match.

Bet on the team to score the last point

Similarly, betting on a team to score points before the player will bet on the team that wins last. The result of overtime is also credited to this bet. After the match the house will proceed to pay the winners’ accounts.

Parity betting

If you’ve ever bet on football, you wouldn’t be surprised at how odd/even. Accordingly, players only need to predict the total result of the basketball match is odd or even, regardless of the team winning or losing.

Complete guide and tips about basketball betting (Part 2)

Each basketball match will be divided into 2 rounds of 4 rounds. The result for the first half will be the sum of the results for the first and second quarters.

Overtime or extra time are calculated separately and do not count towards the results of the 4th inning.

If live basketball betting is selected, the results will be displayed until the end of the match only. But if the handicap is selected then the result will always be displayed from the beginning until the end of the match

If you choose to bet on the team that scores first and you win then you will be paid by the dealer and sent to your account. If, for any reason, the first match is suspended or abandoned but the first team has scored, then bets are still valid and the player is still counted as the winning amount.

If the last team to score is selected then the result will be settled for the last team to score the match. If a match is abandoned mid-game then the results of the match will be void and the stakes returned to the player’s account.

In case the player chooses special bets such as the score, number of times the ball has turned on the table, the number of assists, the number of free throws, the number of free throws 3 points then it will be valid if both teams If a player does not participate at the same time, the result will be void and the stake will be refunded.

The result of both special betting session will include overtime and extra time and the result will be recorded until the end of the match. Any statistics changed after the organizer announced the result will be invalid

The stadium of the home team and the away team is played by the house for reference only for players to make a better decision.

If the winning session is selected more than once then it will be settled on the best bet. If the result is a tie, the player loses 50% of the bet. Overtime will not count for this bet. If a match is suspended or abandoned then all bets on that player will be void and refunded.

Complete guide and tips about basketball betting (Part 1)

If you’ve ever played soccer betting, it’s easy to learn about basketball betting. However, basketball betting still has differences, you need to pay attention to increase the win rate when playing. In order for players to understand more about this subject, we will introduce some information such as betting rules at the bookmakers, how to bet basketball and quick betting tips for winning as follows.

Introducing basketball betting

It can be seen that in recent years basketball has grown constantly and always captured a solid position in the hearts of every person. Not only popular in the world, but in Vietnam, this game is loved by many people. Every year our country often cooperates with Southeast Asian countries to open basketball tournaments. From these tournaments, people can exchange culture and economy with other countries.

Because basketball is interested in serving everyone, the bookmakers offer online basketball betting. Compared to football betting, this game is not as attractive as it is, but if you go into it, you will also have a great passion. You are even more passionate than football betting games.

General rules for basketball betting at bookmakers

Knowing the rules of the game can not only help people win and not break the rules when betting. Sometimes the transgressions make you lose even more. Here are some rules when betting on basketball everyone must remember.

Basketball betting results need to be based on the result of the first match including all minutes played, extra time and extra time. When playing basketball everyone will play until the classification of victory and loss should never have a tie.

If you have made a bet but the basketball match is canceled for any reason then your bets will be void and the bet amount will be promptly sent to the main account by the system.

If a basketball match has already started but due to a problem being suspended or canceled then the result of the match will still be considered valid if the match took place 43 minutes for the NBA tournament and 35 minutes for any basketball game.

For these matches bets are also considered valid if the result is the official organizers of the tournament. Otherwise, bets will be void and the funds will be transferred to the player’s account.

Tennis betting – Tips you need to know (Part 1)

Sports betting can certainly be profitable. This is proved by betting experts. I hear the allocation of the requester every single day if it can make sports betting life. The truth is; that is. In fact the allocation to people currently making a large amount of money, simply by betting on online sports.

What sports to bet on?

Tennis is a single sport and tennis bets we can control. Playing football betting – this topic is always on top, but not when it comes to tennis. When betting on tennis, you already have only two good results. Simple math says that you had a 50% chance of winning (bet randomly).

50%? That was a good start

Exactly! This is why we are going to be analyzing the previous matches and combining the data with a few ball betting tips – we have immediately increased our chances of winning significantly.

Before we get into exactly how we are analyzing a match, let’s take a look at some tennis betting tips.

Tip 1. Don’t pay too much attention to the odds. Obviously, if someone has a 1.03 odds and a odds of 6.0, they are better off allocating the most likely that the player will win. They are most likely right. However, to be successfully bet on these types of odds you will need a well built system.

Tip 2. Analyzing tennis is much easier than other team sports (there are pairs of course, but stay away from these unless you know what you’re doing). When analyzing, try to use a head-to-head overview. This allows you to allocate that data easily for management.

Tip 3. Some experts claim that matches in the women’s league are more difficult to analyze. This is not true. You already have access to the same data and it is just easy to read.

Golf betting tactics that you should know

Golf is a sport with a long history and is quite expensive for many players. Like football or other sports, betting is an integral part of golf.

Sports betting or golf betting is also attractive to both the fans of each sport. Golf betting guides are a little different because of the size of the playing field and it is not uncommon to have very wide odds such as 50/1, 66/1, or even up to 100 / first.

A more interesting thing about golf betting is that this is a global sport, with many major tournaments taking place weekly.

How to bet golf

Whether many players want to bet on who will win a huge tournament next season or bet on the best player on an afternoon of competition tomorrow, the bookies are big, betting guides Golf betting always has many types of betting for you. Here are a few common types of betting in golf.

Bet on the winner of the tournament

Placing bets on players will win the whole tournament which is the longest bet in Golf sports betting and is easy to play. In big tournaments, bookmakers often make multiple odds for the top 6 golfers.

Betting match

Guidelines for betting on golf players may bet on two or three golfers scoring the lowest or highest score in the round.

Golf betting tactics

Sports betting in general and golf betting in particular are in the search for the value and reason to bet, and for Golf, there is no way to know for sure which Golf player will win because about the vast size of the golf course.

During the golden age of Tiger Wood, betting players were able to gain confidence to some extent by betting on Tiger Wood in any tournament; But right now, with the advent of potential golfers, there’s no way to know for sure which golfer will win.

But do not let this be a distraction; The bookmaker’s betting odds have, fortunately, accurately reflected this lack of stability, and for a golfer there is still potential and lots of value throughout the year.

7 effective football betting tips you may not know (Part 3)

6. Please “check prices” at many dealers before placing a bet

Did you know there is a difference in the odds that dealers make for the same match? The difference can be quite a lot. So, the secret of level # 6 is not to stick with just one dealer. Make a habit of referencing many bookmakers to see where there are the best odds for your bet.

For example, I intend to go to the door under Liverpool vs Crystal Palace this weekend. Same as Crystal Palace rafter +2 (accepted 2 left), but the rate of eating varies among bookies. All of these 3 dealers are reputable, but obviously with this bet, betting in Fun88 is the most profitable.

Please create an account at some reputable bookstores, which you can refer to below. This not only helps you compare the odds, but also makes use of the dealers’ promotions.

7. Record your betting history

A job that seems to take time but your habit of recording your bet codes is really helpful. It helps you understand how much you are throwing, and can help you change the way you bet.

Create a simple Excel table to record your bet codes. The things you should record are the selected bet, the price (the rate of money), the bet amount, the result of the bet, the interest earned (if any).

After a certain period, such as a week, a half month, etc., you should summarize your betting activity. Besides the profit / loss, you can also look at which bet codes are effective, which bet codes make you lose a lot. So that there is a necessary adjustment.

This can also be considered a betting secret to succeed in the long run.

Above are some tips to help you bet football more effectively. There will never be an unbeaten formula. Otherwise, the bookies will no longer exist and we are all billionaires. However, these tips will help you limit your risk and increase your probability of winning.

7 effective football betting tips you may not know (Part 2)

3. The less you choose, the better

This is not a formidable trick. It is easy to understand, but the hobbyists always forget. The less you bet on the fewer choices, the higher your chances of winning and vice versa! If you bet to make money, think small, don’t take part. A team or a choice is enough, at least 3 or 4.

Although the parlay is very attractive. But do you know that each option is added to your Bet Slip, your chances of losing are much higher? Maybe you guessed it all but just one wrong choice, you lost everything. The dealer loves this.

Finally, we inform you that most losers are from single bets.

4. Don’t follow the crowd

Some matches range from journalism to forums, from sidewalk public opinion to professionals, that a certain party definitely wins. That is the dangerous game, not as fat as you think.

Everyone says they will win unknowingly will create a huge pressure. Not to mention there may be arrangements, degrees, etc. when money poured into one door.

It is best either avoided or given up a bit of money against the crowd. Lose less and win a lot. It may be a secret of football betting that you will be amazed.

5. Don’t bet on your heart

Maybe you really want your team to win. You expect it so much that you start convincing yourself that it will come. And then you bet on that belief.

Bet just because it’s my favorite team is a mistake. Affection and money should not be confused with each other! Place your rational bet with the information you thoroughly understand about the match. Do not let your fan base bring failure to you!

Remember to bet only what you can lose. Never pursue money that has gone and when the fun with betting is no longer the tension, stop!

7 effective football betting tips you may not know (Part 1)

Effective football betting is a popular query on Google, showing the concern of many people with this issue. In fact, when each football betting, we not only want to entertain but also expect to earn money from it.

But how to do that? How to bet effectively involves more than just knowing how to watch football and then placing a bet.

Right below we will reveal to you 7 effective football betting tips that if you apply you will win more betting.

1. Learn everything thoroughly

The team you intend to bet tonight has won in the last 6 matches in a row. That information is very impressive indeed. But not only that, you also have to understand how effective their attacks and defenses are. Do they have good balls or are they lucky? Even the chaos in the team.

2. A higher rating is not always won

This may seem obvious but sometimes we are blinded by the rate at which the house offers.

Let’s look at a typical example in tennis. It was Rafael Nadal’s match against Fabio Fognini in Barcelona last April. Bet365 ranked Nadal as a door on heavyweight, with a feeding rate of 1/10 (1.10 according to the decimal ratio). That means putting 10 to 1, 100 $ bet to get 10 $ profit.

On this surface, it seems reasonable. Nadal is a clay king and has a record of 8 times in the league. But the dealer ignored one thing: Fognini took Nadal down on the clay court just a few months ago in Rio De Janeiro. Considering this along with Fognini’s excellent top seeds, naturally his 8/1 (= 9.0 decimal) feeding rate becomes very attractive.

Eventually, Fognini defeated Nadal without losing a set. The same is true for football or other sports. There are times when you should consider going down the door if it is a reasonable and attractive investment. Instead of leaving a big lump of money just to eat a few small coins with illusions sure to win. To do that, of course, you have to use the # 1 secret. That is to grasp the situation.