What is Sports Advantage Play All About?
Advantage play involves beating bookmakers based on the mathematical edge rather than counting on luck/chance. Unlike illegal cheating, advantage play exploits a game’s innate characteristics to give the player an advantage relative to the house or other players.
Sports Advantage Play Gives Us Value
“The House Always Wins” is the standard saying in the gambling industry. It’s based on the fact that bookmakers set a marginal edge over the players. This means that the bookies’ payout to customers is always smaller than the actual chance of the event happening. As a result, they will make guaranteed money in the long term even if they lose big occasionally. Why? Because they own a mathematical edge. With the advantage play we use, we can take this edge away from them and give ourselves the edge.
We gauge the edge in the form of EV (Expected Value) for every opportunity. We think it is worth pursuing as long as we find a Positive EV that gives us Long-Term Value. We use 3 Sports Advantage Play methods.
Sports Matched Betting
The 1st sports advantage play is “Matched Netting”. Many media outlets have publicised this method, and many people already use it. A bookie pleaded to the Gambling Commission over matched betting activity reported in the Guardian Article. Put, you cover all the outcomes of the sports events by using bookmakers’ free bets. Therefore, no matter what the result of the event is, you will surely earn profits.
Sports Arbitrage
The second advantage play is Sports Arbitrage, a method of ensuring that you win every bet by wagering on all possible outcomes of an event based on odds inefficiency among different bookmakers. The most significant shortfall is that you face a greater risk of your bookies’ account restriction than matched betting, because you use market inefficiency, including the bookies’ odds mistakes. However, the good things compared to Matched Betting are; 1) You don’t need bookies’ promotions, but just utilise the odds inefficiency between the different bookies, which you can find all the time, 2) You can do it among multiple Bookmakers without involving the Exchange, which means you can save the exchange’s commission.
Value Bet by Proven Tipsters
The last advantage play is Value Bet, produced by Proven Tipsters or Software. Importantly, this method will enable you to reach the next stage of your matched betting/arving because of its much better efficiency and longevity. Excellent sports betting tipsters constantly beat bookmakers. Sports betting is pretty much the skill-oriented category. Genuine Top Tipsters, Software, or systems regularly beat over-round, which is an embedded bookies’ profit in odds. They have an advantage over the bookies, with better knowledge and statistical data analysis capabilities in their specialised sports. The obvious challenge lies in selecting the right tipster, Software, and system among the thousands of self-proclaimed excellent ones. This is Not Risk-Free. However, the risk level of sports betting using these experts can be equivalent to Stock Trading.
Tax-Exempt
In the UK & Ireland, any winnings from gambling are not taxed. Even if you are considered a Professional Gambler who relies on gambling for a living, you will be exempted from taxation, which is clearly defined by the HMRC Internal Manual eaning of trade: exceptions and alternatives: betting and gambling – the professional gambler.
Good Luck!!