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A bookmaker’s commission on a losing bet is determined by odds. The more likely the odds are that a bet will lose, the more the margin. The bookmaker makes his money through commission, not on winning bets. The bettor bets at an odds that best fit the bookmaker’s commission range.
A bookmaker has to accept that there will be periods when bets lose and even periods when bets win. The period when bets are losing is sometimes known as the Dutch Law of betting. The theory is that you bet on sports to make money. However, you don’t know when the bookmaker will have a streak of winning bets. You may think you have a period where the bookmaker is picking them logically, but the truth is that the bookmaker may be slump-buy and cheap, and you may be chasing some period when the bookmaker is more static. This is normally when you bet outside the edge, or you are using matches to hedge your bet.
The best way to get the best value when betting on sport is to make sure that you are traders only when you have a decent strike rate on your trading positions and the market to get in and out of the market that you are trading in is liquid enough to deal with your outgoings. If you are in a market where it is hard to get money in and you regulary lose money, then you will need to learn to make changes to your strategy that will allow you to hedge your bets. Never be fooled into thinking that just because the market is drifting your way that you are bound to make money.
There are many aids available to bettors that will help them to improve there betting methods and give them great chances of making more money. Though it is not possible to win all the bets that you place, you can however increase your chances of winning by making changes to your strategy. Never change your method in the belief that you can win every bet, because nothing can be done to force a trade. The reason you can win some bets is because you place the bet at the most opportune moment for you.
Bettors that use matched betting systems to place their bets are usually happy with their winning strategies. These systems use a complex mathematics behind the patterns of trading to ensure that bettors bet in a more statistical and higher frequency basis, increasing their chances of winning money in the process.
For further information, visit our big bets section to view the Tour Divide system and to learn more about how to improve your winnings with Betting.
