Sports Betting Tips

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Archive for October, 2013

Cognitive Biases in Betting: The Framing Effect

Most bettors are unaware of a concept known as betting psychology. The concept is used to describe the human nature and the way our decision making process can be influenced by mental tricks. There are many talented punters who fail to make a profit because of bad money management and betting psychology.

What is a Betting Probability?

Understanding probabilities is one of the most important aspects in sports betting. Probability can be defined as the likelihood of a given event’s occurrence or that a statement is true, expressed as a number between 1 and 0. Find out more in this article.

The Winner/No Winner Betting Deception

Anyone can learn how to bet on sports for profit and the best might even get rich. Of course, making a profit is not easy and you have to put some effort into it. If you want to learn how to bet on sports for profit and get past the winner/no winner deception, continue reading this article.

How to Bet on MMA

MMA betting is on of the fastest growing betting activity that keeps punters and fans involved. MMA is different than boxing, where bettors must wait months before a big fight takes place. In order to avoid mistakes, you must be aware of some essential aspects.

Considering the human nature, should people bet on sports?

Besides the professional punters, there are many people who bet on sports for entertainment purposes. Although they hope to win occasionally, many don’t really expect to make a profit over a long period of time. When thinking about this issue, it is important to acknowledge the fact that only few individuals develop a gambling addiction.