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Tag Archive: Strategy


Definition

Matched betting by definition is a form of arbitrage that allows you to generate risk free profits by using free online bets in conjunction with betting exchanges. Using an appropriate strategy you should be able to compound a decent amount of profit within the regions of £700 to £1000.

Strategy

To apply such a strategy you need to open a ‘betting exchange account’ such as betfair and also a ‘bookmaker account’ that is offering a ‘free bet’ promotion.

The system works by placing a bet at the bookmaker and then laying (betting against) it off at the betting exchange, essentially all your doing when applying this technique is hedging your bets to create a profitable scenario that eliminates risk. The value in this betting method exists because of the ‘free bets’ entity. If online bookmakers were to stop offering them tomorrow this type of risk free bet would become obsolete.

To apply the strategy you’ll need to place two separate bets. Firstly a qualifying bet using your own money, and then another bet using the ‘free bet stake’. A typical example of how it’s done is shown below.

Real life example – using a £50 free bet

Qualifying bet

Bet type: Qualifying bet- £50

Event: Bolton v Fulham: Saturday 14th March

Bet: Bolton to win

Odds: Bookmaker odds: 2.1 | Betting exchange lay odds: 2.16

Profit /loss: £-2.73

Free bet stake

Bet type: Free bet- £50

Event: Barnsley v Crystal palace: Tuesday 17th March

Bet: Draw

Odds: Bookmaker odds: 2.2 | Betting exchange lay odds: 2.45

Profit /loss: £33.53

Matched bet overall profit: £30.80

The figures above all include betting exchange commission set at 5%

Tips

When matched betting the idea is to maximize profits the higher the free bet stakes the better your overall return will be. A £50 free bet is much better value than a £10 one for example. From personal experience I have found the best time to take advantage of high value bets are when special events are taking place. A prime example is the famous ‘Cheltenham horse racing festival’ in March. For some reason at this time of the year bookmakers love to give big free bets away that you normally cannot get at other times of the year. An example this year (2009) is ‘ladbokes’ they were offering a free £200 bet throughout the festival. To qualify all you to do was open an account place a bet and you would receive a freebie bet to the same value. This type of great offer never seem to materialize at others times of the year. So take advantage when they come along.

Another important tip when applying is to also take higher odds on your free bet stakes, if you follow this rule your return will be better, this is because most bookmakers will retain the free stake on your bet, so in order to maximize profits you must take larger odds. If the stake is indeed retained by the bookmaker I tend not to place the bet at odds any lower than 3.0 in a decimal odds format. This strategy I find gives me a fairly good return on investment relative to my free bet stake.

To learn or find out more about matched betting and for free tools including a matched betting calculator take a look at us on the smart money website.

Learning how to play Craps can be a challenging task for a novice gambler, but it is well worth taking the time to learn the rules and strategies of Craps. When played with an optimal strategy, Craps is one the best bets you can make at a casino. Of course, learning optimal strategy is contingent on having a good understanding of the rules – in this article we will teach you how to play Craps.

Casino Craps is a dice game where you play against the house. Bets are placed hoping to predict the outcome of the dice, and depending on the odds of the number chosen, you can receive up to a 30:1 payout. The basic rules of the game can be explained as follows:

The person throwing the dice (known as the shooter) needs to throw a 7 or 11 to win, or a 2,3 or 12 to lose. If any other number is thrown, that becomes the point. The shooter continues to roll the dice until they either throw a 7, or the point, after which a new betting round commences. At both stages of the betting round there are a number of bets you can make on the outcome of the dice roll, although it is important to familiarize yourself which bets are good and which are bad. Craps bets carry a house edge between 0% and 16%, so knowing which bets to eliminate and which to focus your play style on makes a huge difference.

Playing with optimal Craps Strategy is actually quite simple once you are familiar with the different types of bets, as you should only be playing with two different kinds of bets. Betting either the Pass Line or Don’t Pass Line bet, in conjunction with the Odds on Pass Line or Odds on Don’t Pass Line bet reduces the house edge and give you the best chance of coming out with a profit. When at a casino you will often see veteran players making all sorts of bets, but this is not the optimal way to play. Many veteran Craps play end up playing with intuition and luck, but chances are they are losing more than they are winning in the big picture.

Pass Line and Don’t Pass Line bets carry a house edge of 1.36% and 1.41% respectively, while Odds Bets carry no house edge. These bets give a 50/50 chance to win – there are very few bets in casinos that carry these kinds of odds, so these are bets you need to take advantage of. To start with, you should always start the betting round with a Pass Line Bet. If a point is set (by rolling anything other than a 2, 3, 7, 11, or 12), you can then make an odds bet that the shooter will make the point before throwing a seven. In most casinos you can bet 2x odds, which means you can place a wager up to twice your initial Pass Line bet – to play with optimal Craps strategy you also play with the max allowed odds, or max odds.

Learning optimal Craps strategy is key in minimizing the house edge and giving you the best chance to come out ahead. This article introduces the main components that you should familiarize yourself with before deciding to play Craps – it is highly recommended to find the best Craps strategy guide to maximizing your chances of beating the dealer, similar to what you will find in our best online casino guide. Although luck does play a part when playing Craps, as in any card game, playing with an optimal strategy is your best bet to making a profit from playing Craps.

Before you start playing either the slots or the craps you should first familiarize yourself with the slots strategy and the craps strategy that is so needed if you want to maximize your profits.

The slots strategy is quite simple, that is, play for the maximum time. In many casinos the slot machines are set in such a way that after playing for certain number of times you get certain amount of money. For example some slot machines will give you 2000 coins after every 6 coins you place while some will give 1500 coins for 6 or 7 coins. If you are on a tight budget then choose the slots machines that accept coins of lesser denomination than the ones that accept only one dollar coins.

Therefore by just playing for a longer time on the slots machine, you increase your chances of winning by manifold times. This is a good slots strategy that should be followed every time you play it.

The craps strategy should also come handy while playing craps as it too increases the chances of winning by a significant margin. Now most people do not believe in the craps strategy as it is a game largely dependent on luck. But of course craps strategy does exist and many players believe in it as well.

First, always remember what you budget for the game is. Since it is a game of luck, it is prudent if you keep your budget not too high.

Second, make sure that you fix a losing margin in your head before you start with the game and adhere to it. Always give up if you see that luck is not favoring you. Though during a heated game it is sometimes difficult to keep a clear head, it is of utmost importance that you do so. Otherwise you might end up losing too much money.

Third, today there are several variations to the game and in order to make a craps strategy work you need to first know about these different variations so that you know which one will suit you best.

Fourth, a basic craps strategy demands that you do not change your strategy mid way. Whether, you are losing or winning try to stick to one strategy only. Though in some cases, changing strategy actually helps but there is an equal chance that it may backfire, hence it is not advisable.

Fifth, the final craps strategy is to know the house advantages on the different bets. If you know the game well then the chances of you succeeding will also be more, hence, you should first have a thorough knowledge of the game before you start playing for money. After all, the more you know about the house advantages the more likely it is that you will win.

As we have seen above, both slots strategy and craps strategy should be mustered before commencing play so that you can have an edge over the rest and can win more often.

When playing with a good gambling strategy you can give yourself an edge. Maximize your odds by playing with our online Slots Strategy. Learn the best online gambling strategies such as Blackjack strategy, Slots strategy, Craps Strategy and for further strategies, visit our website http://www.onlinecasinomastermind.com.

Being successful in craps involves more than just being lucky. It also involves working with a series of strategic decisions. There are a number of parts of craps strategy that any craps player should be taking advantage of.

The first part of craps strategy involves looking into the first roll in a game. A good strategy to use in the Pass Line bet is to avoid using the Don’t Pass bet. The Don’t Pass bet can be useful but it works primarily in cases where a person is looking to intimidate the shooter. The truth about this is that it is easier for a person to roll a 7 or 11 than it would be for that person to go with a 2, 3 or 12. Therefore, it is best to consider working with a Pass Line bet over a Don’t Pass bet.

Another thing to do is to take advantage of Odds bets. The amount of money that a person can get off of one of these bets will be relatively minimal. The largest payouts for Odds bets are 2 to 10 for 4 or 10 rolls. However, this is generally the easiest way for a person to win anything on a craps table.

When it comes to working with bets that relate to how the dice are going to show up on a craps table it will help to avoid using too much money on these bets. For example, betting that a 12 will be rolled can sound enticing because of the 30 to 1 payout involved. The same goes with a person who rolls two 4s at once getting a 9 to 1 roll. However, avoiding high bets on any of these rolls will be the best thing for a person to do. Avoiding too many of these bets is a safe option for craps strategy.

Of course it helps to think about the likelihood of how different rolls are going to work in a game of craps. There are some numbers that can be more likely to come up because of how there are more dice combinations involved with different numbers. For example, a 7 is the most likely number to work with a roll. This is because of how there are six different ways how a person can get a 7 rolled. This means that the odds of a 7 coming up in a game of craps is 5 to 1.

The odds of different numbers will vary. For example, a 5 or a 9 has four ways of how it can be rolled. The odds of a 5 or 9 coming up are only 8 to 1. Be sure to think of this when getting a craps strategy to work.

You need to learn how to play craps and also understand craps strategy before playing offline or online regularly so that you improve your chances of success and do not have to lose often.

When talking about the best way to play craps, let’s start with the worst way first. The first way is to throw your money around the table on all of the exotic bets. Stay away from all of the excitement. Sure, that’s part of the excitement, but that’s also part of the casinos way for taking away your money.

You better believe that the casino believes it’s their job to take your money. And believe it or not, they are very good at it. So step number one, just stay away from all of the excitement of craps. Now of course, if you want to play craps there’s no problem with that, but you have to grind it out.

The way you do that, is you stick with the pass line bet. The pass line bet only has a 1.41% house advantage. In other words, a casino does advantage but it’s a very small one.

So, if you were to play the pass line only, you lose very little money, assuming that you played every single roll with exactly the same bet. What we are going to do, is introduce some mathematical magic.

The Fibonacci sequence is found throughout this entire world, actually it’s found throughout the entire galaxy. It also works when playing craps. The sequence runs like this; one, one, two, three, five, eight, thirteen, twenty-one, etc.

If you win, you just keep betting a single unit. However if you lose, you start working your way up the Fibonacci sequence. To end a losing streak, and come out ahead, you have to win two in a row, or win two of three.

Go ahead and test it out for yourself. Any time you are on a losing streak, two wins in a row or two wins out of three put you ahead. That is the sequence and you continue betting a single unit.

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