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…