Guide to Live Betting
Live Betting is the term given to betting that takes place while the game is actually in-play. It is undoubtedly the most exciting way to bet because the odds fluctuate regularly and it can be a real rollercoaster ride. The good news is that bookmakers make less money from live betting than they do from pre-live. Genie’s guide to live betting
Best Price Bookmakers
Best Price Guaranteed represents excellent value to punters. By ensuring that you bet with an online bookmaker that offers best price guaranteed you ensure that you get the maximum return on your initial stake. Simply put, BPG is not to be missed.
Beat Those Odds
Comparing odds is the cornerstone of being a sound punter. Learn to always bet at the best available price and you can be victorious. Read Genie’s guide to Beat Those Odds and you have a starting point on the path to a winning strategy.
Value Betting
Genie’s value betting article offers some helpful hints and tips to help you improve your betting. Value betting is the strategic cornerstone of any successful betting plan, making this a must read article.
Betting Exchanges Explained
The introduction of a betting exchange called ‘Betfair’ in 2000 revolutionised the online betting industry forever. On a betting exchange anyone can be the bookmaker and offer a price. You can back and lay, offer and request a price. Genie explains all that you need to know about betting exchanges in his beginner’s guide.
Bet Types Explained
From Super Yankee a to Goliath to a Reverse Forecast, there are so many possible bet types and combinations. If you want to know the difference and understand each bet type then read Genie’s guide to bet types.
Spread Betting Guide
Spread Betting is the alternative to the fixed odds betting or betting exchanges. The bookmaker sets the expected result of a market and you can buy or sell based on what you believe the outcome will be. It is a riskier way to bet because losses are often not limited but, then again, neither are gains.
Enhanced Odds Explained
Offering enhanced odds is a new way for bookmakers to differentiate themselves from the competition for a short period of time. The main reasons for offering enhanced odds are customer retention and acquisition but there may be more to it than meets the eye. Genie explains all.
Risk Control
Bookmakers employ many methods to manage and control their risk. The most common of these include applying maximum book losses and maximum singles takeouts to theri books as well as restricting certain winning customer by reducing their stake factor. To explain what is meant by these terms and others then follow Genie’s guide to bookmaker risk control.
Overround (Betting Margin) Explained
Like any businessman who is selling a service, the bookmaker intends to make a profit on each transaction. To achieve this he will factor in an expected margin of profit to each market, whilst still remaining competitive on his pricing. Genie explains what this all means for the punter in his ‘Overround’ article.
Betting Odds Explained
There are 3 types of betting odds known to man. If you are not sure of the difference between decimal, fractional and american odds then fear not because Genie is here to help.
Betting Markets Explained
Bookies take bets on up to 90 sports these days. As a result there are hundreds of unique betting markets. In this article we explain what exactly is meant by the most popular markets; from Asian Handicaps to Double Chance, we’ve got them all covered.
Betting Terminology
If you don’t know a pony from a monkey or still think that hedging is something best left to Alan Titchmarsh then we’ve got just the guide for you. All of the best known betting terms are explained right here on geniebet.com.
Favourite-Longshot Bias in Betting
Bookmakers prefer to see you betting on selections with a higher price (the underdog). This is because they tend to build in a higher margin on the odds given for underdogs; making it more difficult for you to turn a profit.
Arbitrage Betting (How to Arb)
Through betting arbitrage a punter can guarantee a profit regardless of the outcome of the event. In short you can back both sides and lock in a profit. If you would like to learn more then please read on.