Avoiding data mining is an important issue when using big data in betting strategies. But what can we do about it? This article will show you all the steps to follow to create profitable strategies without over-optimizing systems and results. Tom Whitaker, the author of books such as “Winning Sports Betting Strategies with Betaminic” and “Big…
Common betting lore suggests that there is no value in backing low priced favourites since the market has already pushed the value down below a profitable level and that risking a lot of money to win a small amount is a waste of time. But in fact, there are a large number of articles, books…
Martingale is one of the simplest and most famous staking plans there are. Many people still post articles and videos on the internet claiming that it works for some kinds of betting games or sporting events. But this article will show you why it is not a good way to manage your betting bank. And...
Betting Exchanges, such as Betfair, Betdaq and Smarkets, offer even more opportunities for bettors to find value and make money. What are some successful betting strategies for exchanges? In this article we talk about how the betting strategies made with the Betamin Builder tool can be used together with exchanges to win more, either by…
Recently there has been a lot of talk in betting discussions about Closing Odds Market Efficiency or Closing Line Efficiency Theory. Basically, the theory suggests that the closing odds are the most efficient and have the least value since they are as close to their true probability (minus the bookmaker’s edge) as possible. Therefore only…
Betting banks are an essential part of professional sports betting systems. They help bring order and control to the fast moving football betting world and a gambler’s urges to bet and to help them stop chasing losses. This article explains more about betting banks and how to use them to set your goals and win…
I was with my friend Johnny having a drink the other day and he told me: “I have been following the best betting strategies for a long time, and even though the systems are winners I always end up losing. What’s wrong?” If you feel identified with Johnny do not worry, you are in the…
This article has been written by Daniel Muñoz, you can follow him on Twitter DANI84 @DMN1984ADS. From Betaminic we thank Dani for the excellent work done to prepare this article and to share with all of us his extensive knowledge and experience in the field of statistics applied to sports betting. In recent times betting strategies…
The new 2018 season of the USA soccer league, MLS, begins soon, and we have thought about providing you with a series of statistical data from the last six seasons, from 2012 to 2017. All the information we want to discuss from the betting point of view, so you can see how this league has…
Article updated on 23 September 2024. In this article, we will try to explain the importance of Drawdown as an indicator of risk in sports betting strategies or systems. A lot of you will hear this term because you see it often in statistics or in different graphs of results, but we want to show...