Nowadays, the mobiles with buttons are all but gone and virtually every device on the market supports an Internet connection and a touch screen. Over time the services of traditional betting shops and online bookmakers made the transition into mobile applications. They give you fast and easy access to all your favourite markets and can be run on almost any modern mobile device. There are many fantastic cricket betting sites and greyhound betting sites that fully function for mobile — so if you love these sports checkout the operator we have selected for you below.
Check out our Betting App winner. Every serious betting site supports a mobile version and today betting apps are more a necessity than a luxury. Using the BetVictor app, you will have the same great experience as using the full blown web site, however, BetVictor have cleverly optimised the number of touches needed to make a bet. We have thoroughly tested this operator and the rest of the available mobile-friendly betting sites and we posted the results in our mobile App betting section which will give you the low down on betting whilst on the move.
You can read our round up by going here. Live or In-Play, as some call it is the fastest growing market in the betting world. We can forgive many imperfections in a particular sportsbook, but the lack of live betting is something we simply would miss too much…. There is nothing more exciting than watching a game live, knowing something is about to happen and then putting your money where your mouth is by having a bet.
Many rugby betting sites and boxing betting sites offer fantastic in-play and live streaming services — check out our live betting review page to learn more. Thanks to Live betting we can choose to back football teams, horses, curling players… whatever…. The top bookmakers have the resource required to provide video streams from the events you can bet on. In most cases all you need in order to watch the stream is: positive balance on your account or a bet even a minor one placed on the particular event.
The online betting exchange is nothing new, Betfair have been operating this alternative form of betting for many years and it has been adopted by the British public to dazzling popularity. The beauty of being able to back and lay bets and challenge other bettors essentially, is something that many people within the industry find particularly appealing. Traditional bookmakers have not wholly endorsed the value of the betting exchange; some of the biggest names in the industry are still lacking the capability to offer such a platform as the technical demands and development costs are pretty hefty when releasing such a project.
There has been some steady competition however, most notably BETDAQ a long-time standing betting exchange that pre-dated the platform offered by Betfair but has not enjoyed the same levels of popularity. Betting exchanges have been a favourite form of betting from professional gamblers since their creation. In essence it still carries the same risks as gambling, of course, but the strategies that one can utilise in order to beat the operator are far more sophisticated and subtler than getting a good scoop on the weekends football matches.
This area of gambling is quickly being realised by much of the public and with the latest developments in the mobile exchange platforms and increasing supply of data powering the back-end of these platforms, there is only more to expect from betting exchanges. We like to think that everyone we deal with has our interests at heart and all companies exist to make our life easier but the sad truth is not everyone is our best mate and money and greed can be a huge incentive to a rogue betting site.
So what would a dodgy online bookie look like? Next off, how about fairness of our games? But of course, we are not like that. In fact we are always looking for the best sites around. This is why we not only take on the old guard, such as the big classic bookmakers, but also have a dedicated section for new betting sites. The demographic of UK online betting sites is constantly evolving and changing. As technological capability increases, and the demands of the betting consumers are being heightened, teams of developers operating at some of the biggest gambling sites in the world are releasing many new exciting features and updates to their platforms.
The world of online betting has become a purely technical enterprise, with the most successful brands those that can develop the smartest, most efficient and customer satisfying solutions. Significant advancements have been made in the realms of mobile and live betting, but what other areas are the biggest betting operators venturing into? In an attempt to try and win the heavily competitive battle of online sports betting market domination features including sophisticated virtual sports betting, eSports markets and a host of new banking methods for betting deposits.
With the developments in technology made by financial institutions in recent years, most notably the optimisation and streamlining of mobile payments — online bookmakers have been able to roll-out some pretty nifty features to make the experience of putting money into the betting wallet not only fast and secure, but on some level also stimulating the reward and enjoyment receptors of our brain.
This is achieved most obviously in the Apple Pay deposits process — as the finger print recognition confirms your identity, you feel a soft vibration and the swirling processing symbol creates a sense of anticipation that has been psychologically proven to induce a feeling of satisfaction. With Apple Pay making it easier than ever before to pay for things on your iPhone the bookmakers responded well and several leading operators including bet and sport have intergated it into their platform.
Cryptocurrency were long seen as a relatively useless asset, good for nothing other than buying illicit items off the dark web. Few realised the inherent power they could harness, and it has been only in the past 24 months that betting sites have been accepting betting wallet deposits in Bitcoin , ETH and various alt-coins.
This added dimension of risk has become very attractive for players across the globe, punters in the UK can enjoy the possibility of bitcoin deposits at NetBet. Social-media has long been a prominent feature of most of our lives. We are more connected then ever before, and many believe the social constructs that modern societies were built upon, are slowly being untangled and destroyed by this new form of entangled inter-connectivity.
Betting is generally considered a solo-activity, many friends like to share their bets with one another, or attend live matches together and place bets. Social betting can be generally narrowed down into three categories. Firstly, there is the classical bookmakers that harness the power of social-media and optimise their online presence to extend a greater reach to untapped markets and audiences.
Secondly, there is the social betting sites that accommodate special forms of betting were you can easily place a wager with friends and split the bets on certain events between a group of people. Then finally, there is communal betting platforms, here you can expect leaderboards and trusted tipsters providing key insights into the upcoming fixtures on the sporting calendar.
There has never been such a massive surge in popularity of any competitive sport in the history of humanity. There is a huge library of titles that professional players engage one-another in under the banner of eSports, some games are a lot more competitive and popular and others, and the prize money varies significantly in correlation with this popularity.
The prize money for the world champion team in Dota 2 was in excess of USD 30 million, just to give some perspective on the scale and influence of this emerging market. In terms of betting on eSports, the popularity is enormous. Bookmakers have adopted eSports with open arms and the daily games schedule is usually packed with world leading teams in popular titles, offering a number of markets that punters can bet upon whilst streaming the event directly through the operator.
Decentralised betting is the newest feature we have seen, and is something that has the potential to redefine the betting industry in the coming years. Over USD billion is placed on unregulated sports markets every year, these are bets being placed in underground markets mostly, at crooked centralised betting sites that can easily take off with customer money or be taken offline by the authorities.
New decentralized betting platform Wagerr, and Augur offer a safe, secure and private solution — also giving players fantastic value due to minimal fees and low maintenance costs. The platform allows users to essentially hold a native coin that is used to bet on real world events, the success of the coin and further absorption of the world gambling markets will increase market capitalisation and the value of your holdings.
Read more about this fascinating topic at the two links in this paragraph. On a higher level, we constantly pursue soundness in our everyday life, career and family. After all, you play with your own real money, therefore any possible complication should be completely out of the picture. If you take closer look into the Gambling Commission reports , you will see the level of gambling throughout the UK and the key facts and figures associated with the industry.
As from December a change in the way that companies that offer services to UK was introduced, whereas previously companies could be licensed and regulated in a different country such as Malta and Guernsey , the change in meant that all sportsbooks that served UK customers had to be licensed by the UK Gambling Commission. This change has been good news for the customer as it ensures all companies are regulated by the same regulatory body, therefore ensuring consistency.
Transparent regulations mean that when you win, you will actually be paid. Beside that, the privacy of your personal data is fully guaranteed. If you scroll down to the footer of any betting site, you will see which testing agencies provided certificates for it and what other services are used. In other words, fair and transparent regulations mean that when you win, you will actually be paid. Just like the name suggests, these guys sort out betting-related disputes.
They are responsible for giving verdicts on gambling disputes, there is a wide range of betting disputes IBAS is responsible for. Their goal is to deter anyone who has even remote thoughts of match-fixing and other shady business. GambleAware is a people-oriented authority, which is focused on helping bettors make better decisions. No, they are not tipsters at all. Exactly the opposite, by running charities, similar to Responsible Gambling Trust they help gamblers who show signs of addiction.
It is inevitable to mention money transactions when talking about betting sites security. Unlike back in the days, when betting on sports was only associated with splashing the cash at the retail shop and eventually getting more back. In general, types of transactions can be sorted in three groups. Here is a brief overview of each one:. Bank cards — Surely the fastest and easiest way.
No additional registration is required, just fill in your debit card details and you are done. The most notable minus is that withdrawals usually take a bit longer to be completed. E-wallets — Our personal advice is that you use some of the best e-wallets. Just like using a credit or debit card, your deposits will be instant.
The main things that give this tools edge over them are the notably faster withdrawals and improved security. We believe that PayPal is the best option for you, but you will also get exquisite service if you side with Skrill Moneybookers or Neteller. Pre-paid method — It is completely normal for someone to not want to share their personal info with a bookmaker. Pre-paid vouchers are the perfect solution for that kind of punters.
Ukash is the most popular of those methods and virtually every top UK betting site supports it. The main drawback is that you will not be able to withdraw your winnings by using it and you will need to provide an alternative method to withdraw. Online betting on sports is a huge niche that has many big and small elements.
Frankly, it's not likely to have difficulties with any A or B ranked bookmakers. If a disagreement arises, though you better contact IBAS. The abbreviation stands for Independent Betting Adjudication Service. For over 15 years they mediate between punters and bookmakers in case of complains, so if it happen to have any troubles with a bookie, let IBAS guys know. It's important to notice that it's always better to try to settle an agreement with the bookmaker before you turn to the IBAS.
It could be nerve racking to communicate with the sportsbook representatives for weeks, but if you persist you will get it your way at the end. There is no catch. Bookmaking business is run on strictly mathematical models,so potential loses are calculated. Think of betting as a product bookmakers sell. Just like every merchandise there are promotions aimed to arise customers', new customers' especially, interest.
Of course, in order to prevent any attempts of getting the free money without even bet them bookmakers impose certain requirements. Frankly, it sounds like a fair deal to us. Those promotions may be of real use, don't bet foolishly only because the money don't come from your pocket. The Strictly Come Dancing competition will begin on Saturday 24th October and finish on December 19th, less than a week before Christmas.
Because of the ongoing pandemic, there are only 12 contestants taking part this year with the reduced show, which normally gets underway in September, running for a total of nine weeks instead of the usual With the skills needed to perform on stage, the year-old looks a smart bet although some might be put off by the lack of value. The first few weeks should give us an indicator as to which of the pair will still be dancing come December Remember though, that there are no eliminations in week one.
Elsewhere, Olympic boxer Nicola Adams should possess the nifty footwork required to go far. With a TV show such as Strictly Come Dancing there are a lot of ways to utilise betting in order to raise the fun and excitement of watching the action play out. A straight bet on who the winner of Strictly Come Dancing is going to be. This could help you pick a winner. A quick look through the new contenders might give you an early impression on the likely losers.
With a next elimination bet, you can bet as the competition progresses as to who you believe will be the next contestant to leave the show this upcoming Sunday. Sometimes, the week before, a contestant might get a lifeline or survive by the thinnest of margins so you, as the savvy punter, may have a feeling that they will struggle once again and get voted out.
The hugely popular televised dance contest Strictly Come Dancing features celebrities and professional dancers formed into pairs and required to learn before performing a series of ballroom dances. In the modern TV reboot, a panel of expert judges rule over the dancing pairs before their fate is put in the hands of a public vote. The show began life in , the brainchild of Richard Hopkins and Fenia Vardanis.
Once the format had been perfected, the show was first broadcast on 15 May For the first 8 years, the show, on both its Saturday and Sunday runs, was hosted and presented by Sir Bruce Forsyth and Tess Daly together. But from the eighth season onwards, Forsyth opted to just host the Saturday dances show due to old age. Claudia Winkleman has been his replacement on the Sunday results show.
When Forsyth finally stepped down in , Winkleman became the full-time co-presenter with Daly. This team of judges would last until season when Alesha Dixon was brought onboard to replace the outgoing Arlene Phillips. Dixon was to be replaced by Darcey Bussell who was replaced by Motsi Mabuse in BBC Television Centre was the original studio where the show was recorded but, following its closure in , the show was taped at Elstree Studios, save for one episode a season where it broadcasts live from Tower Ballroom in Blackpool.
The winners will walk, or cha cha cha, away with the Glitterball trophy. As we mentioned above, online bookmakers accept many kinds of bets from overall winner, first elimination, to winning gender and many more. So popular has Strictly Come Dancing become for the BBC that the corporation have been able to successfully export the format to more than 60 countries worldwide.
Paypal and certain deposit types and bet types excluded. Free bets valid for 7 days on sports, stake not returned, restrictions apply. Cash stakes only. Qualifying bet must be placed within 30 days of opening account. Cashed out bets will not qualify towards your average stake. One free bet offer per customer, household or IP address only. Free bet expires after 7 days. Payment method restrictions apply. Opt in. New members only. Existing members do not qualify.
Offer applies to sports bets only. A bet must be placed using real money in combination with the Odds Boost Token. Odds Evs, Max. Skrill and Neteller deposits are not eligible - See full terms. New depositing customers on STSbet. When: Qualifying accumulator bet with min. Bonus wagering requirements: x6 on min. Bonus valid for any sports, for 7 days. Deposit method restrictions apply. Free bets applied to account on consecutive days. Multiple bets with cumulative odds of evens 2.
Free Bet stake not returned after bet settlement. No wagering requirements. Valid for 7 days, each Free Bet must be used in its entirety. Most experienced bettors will have at least heard of bet as the company has millions of customers worldwide. It has one of the best sign-up offers on the market which is extremely generous and simple to claim, with the minimum deposit one of the lowest on the market.
The sports markets bet offers to customers are second to none, and it is known for offering prices on many leagues and sports other bookmakers do not have. As such, it is one of the best at gaining the trust of their customers. It may be more well known for its casino offering, but sport has a sportsbook that is one of the fastest-improving online from a player perspective, with an incredible amount to offer in terms of sports and markets. This includes some great odds on some of the biggest and more niche events.
The welcome bonus is strong and sport has made it easy for users to claim and its website is just as easy to navigate. It also has a great offering of promotions for existing players. Virgin Bet is a newcomer to the industry but features on our list for its ability to compete with some of the long-established bookmakers already.
The sign-up offer is less impressive than some rivals but its wide-ranging sportsbook offering, run on the popular SBTech platform, makes it one to look out for if you are looking for a new bookmaker. The self-proclaimed money-back-special king, Paddy Power offers so much more for its players. The welcome bonus is simple and easy to understand, and effectively gives you a free bet on its vast sportsbook.
Its rewards scheme for customers is the best on the market, so if you are looking for a long-term bookmaker, Paddy Power is the one for you. If you are looking to bet on horse racing and are an avid fan of the races, then the Tote is for you. Ladbrokes is well known in the UK through its high-street shops and adverts but their online presence also holds up well to the competition.
A competitive special offer along with some great free-to-play games makes the Ladbrokes experience highly enjoyable. A bookmaker that definitely should be considered by all bettors is SportNation, which has shown itself to be a great alternative to more well-known high-street names. Its welcome offer is on the lower end of the scale in terms of free bets compared with some rivals, but the SportNation Rewards system more than makes up for it, with free bets or withdrawable cash up for grabs every week.
Betway has become one of the biggest brands in the UK, helped by its welcome offer and free bets as part of its loyalty scheme. It has a great website and app for sports betting, with competitive odds for a number of events and sports. Coral has improved its website and app over recent years and is now up there with the best within the internet gambling space. Its in-play betting feature sets it apart as one of the best on the market with its dedicated free-to-watch live streaming service showing more than 2, events a week, while it has many additional promotions on top of its appreciable sign-up offer.
A brand with heritage, William Hill is one of the best on the market and has been for a number of years, having built a website and app that is very popular. Every market is easy to find, while its horse racing section is one of the best on the market when looking at the major events and festivals over the year.
Betfred has been one of the most popular betting sites on the market for a number of years, with customers recognising them from numerous sponsorship deals at races and in football. They have a solid reputation as a destination for football betting and enhanced odds, as well as having a great welcome offer for new customers.
BetVictor has been in the industry since and continues to be a pioneer with its online offering. It is one of the most trustworthy bookmakers on the internet and has a record of great customer service. The sportsbook is extensive and rivals many competitors while the experience for desktop and mobile make it a perfect online bookmaker for any bettors, with the price boosts one of its selling points. Betfair has more than just an incredibly vast sportsbook. It also offers the best betting exchange on the market.
The exchange and sportsbook are both easy to use and they have a number of offers for existing customers once signed up. The new customer offer for its sportsbook is also one of the best on the market at the moment. BoyleSports has been an underrated sportsbook among bettors over the years but recently it has really started to up its game. Its welcome offer is satisfactory and the BoyleSports sportsbook offers a select amount of sports and markets that anyone who wants to bet on a regular basis would want.
Grosvenor is known for its high-street casinos but its sportsbook has often flown under the radar, having a unique sign-up offer that sets it apart. The interface is well thought-out and simple and the easy deposit and withdrawal are pluses, but it may be a betting site more suited to a casual player, or someone who wants to also play on the Grosvenor casino.
It has plenty of sports markets to choose from on nicely laid-out website and mobile versions, and also has a live-streaming platform that helps when betting in-play. The site is not as good as well-rounded of the more established UK bookies and the wagering requirements on its welcome offer should be looked at before signing up, but if you like football then all the markets are there for you. Spreadex is the second bookmaker on our list that offers a sportsbook and exchange, both of which are very good for new customers.
The layout makes it clear when you are on the sportsbook or exchange, and the website is well laid out to make it clear what events are in-play, popular upcoming events and the more niche markets. The welcome offer also means a good amount of free bets are available, but you must remember that your losses can exceed the deposit. Mansion Bet is well known among football fans after sponsoring a number of Premier League clubs, and the company is certainly on its way to being in the top flight of online bookmakers.
The welcome offer is generous enough and the Mansion Bet price boosts are a great way for customers to get extra value. Matchbook is a well-rounded betting exchange which allows punters to bet against each other rather than a bookie. The welcome offer is good and will help those unfamiliar with betting exchanges to get used to their platform, with all the big football and horse races, as well as more niche sports, well covered.
Play are another bookmaker which a lot of bettors may be unaware of but are great for those looking for a solid welcome offer, a great selection of sports and satisfactory odds. You can bet on everything from football and horse racing, to floorball and futsal on their easy-to-use website and app. There are numerous options when looking for the best betting sites in the UK with the industry well known for giving punters incredible choice.
The downside is that customers can often get lost in how many UK online bookmakers there are and need help in sifting through to find the best out there. We have signed up, deposited and bet with every bookmaker on our list to ensure we are well placed to advise you on the best betting sites in the UK.
These include important factors such as wagering requirements, how long your free bets are valid for and how long it takes for them to be rewarded. Wagering requirements can often catch out even the most experienced bettors, and our best betting sites all have easy-to-understand wagering requirements to trigger the free bet, such as bet and Betfair. If you take closer look into the Gambling Commission reports , you will see the level of gambling throughout the UK and the key facts and figures associated with the industry.
As from December a change in the way that companies that offer services to UK was introduced, whereas previously companies could be licensed and regulated in a different country such as Malta and Guernsey , the change in meant that all sportsbooks that served UK customers had to be licensed by the UK Gambling Commission.
This change has been good news for the customer as it ensures all companies are regulated by the same regulatory body, therefore ensuring consistency. Transparent regulations mean that when you win, you will actually be paid. Beside that, the privacy of your personal data is fully guaranteed. If you scroll down to the footer of any betting site, you will see which testing agencies provided certificates for it and what other services are used.
In other words, fair and transparent regulations mean that when you win, you will actually be paid. Just like the name suggests, these guys sort out betting-related disputes. They are responsible for giving verdicts on gambling disputes, there is a wide range of betting disputes IBAS is responsible for. Their goal is to deter anyone who has even remote thoughts of match-fixing and other shady business. GambleAware is a people-oriented authority, which is focused on helping bettors make better decisions.
No, they are not tipsters at all. Exactly the opposite, by running charities, similar to Responsible Gambling Trust they help gamblers who show signs of addiction. It is inevitable to mention money transactions when talking about betting sites security.
Unlike back in the days, when betting on sports was only associated with splashing the cash at the retail shop and eventually getting more back. In general, types of transactions can be sorted in three groups. Here is a brief overview of each one:.
Bank cards — Surely the fastest and easiest way. No additional registration is required, just fill in your debit card details and you are done. The most notable minus is that withdrawals usually take a bit longer to be completed. E-wallets — Our personal advice is that you use some of the best e-wallets.
Just like using a credit or debit card, your deposits will be instant. The main things that give this tools edge over them are the notably faster withdrawals and improved security. We believe that PayPal is the best option for you, but you will also get exquisite service if you side with Skrill Moneybookers or Neteller. Pre-paid method — It is completely normal for someone to not want to share their personal info with a bookmaker.
Pre-paid vouchers are the perfect solution for that kind of punters. Ukash is the most popular of those methods and virtually every top UK betting site supports it. The main drawback is that you will not be able to withdraw your winnings by using it and you will need to provide an alternative method to withdraw. Online betting on sports is a huge niche that has many big and small elements. Frankly, it's not likely to have difficulties with any A or B ranked bookmakers.
If a disagreement arises, though you better contact IBAS. The abbreviation stands for Independent Betting Adjudication Service. For over 15 years they mediate between punters and bookmakers in case of complains, so if it happen to have any troubles with a bookie, let IBAS guys know. It's important to notice that it's always better to try to settle an agreement with the bookmaker before you turn to the IBAS. It could be nerve racking to communicate with the sportsbook representatives for weeks, but if you persist you will get it your way at the end.
There is no catch. Bookmaking business is run on strictly mathematical models,so potential loses are calculated. Think of betting as a product bookmakers sell. Just like every merchandise there are promotions aimed to arise customers', new customers' especially, interest. Of course, in order to prevent any attempts of getting the free money without even bet them bookmakers impose certain requirements. Frankly, it sounds like a fair deal to us. Those promotions may be of real use, don't bet foolishly only because the money don't come from your pocket.
Unfortunately, not. If you are not careful enough, you can easily end up tricked and fuming. That's why it is of vital importance to learn how to recognize the betting sites that you need to avoid. Our review of the worst betting site recommends that you stick with the most reputable domestic bookmakers.
What is the point of getting a thousand pound bonus if you can not withdraw your winnings or your personal data is in danger. Instead side with one of our featured partners , they are all safe and sound and also offer some great deals.
Yes, many online bookmakers to comply with both local and international law will suspend your account if they suspect the identity of the customer is in doubt, you may have to send in proof of identity and address usually after requesting a withdrawal. Bookmakers will also terminate your account if they suspect you have multiple accounts or if you have claimed multiple welcome bonuses or in anyway breached the terms and conditions on having an account.
It is recommended you contact the bookmakers customer service if you need further information. The thing to remember is that problem gambling can affect anyone regardless of sex, ethnicity, age and is often called the 'hidden addiction' and you are unlikely to know someone is addicted unless they tell you. You can download a great guide on tackling problem gambling by clicking here and you can call the confidential 'National Gambling Helpline' on and this helpline is open from 8am — Midnight, 7 days a week.
Alternatively you can contact the live chat by clicking here. There are hundreds and maybe even thousands of sources betting tips on the web. Few of them though, actually provide quality content. It may sound a bit pompous, but our blog actually is one of the best. It is regularly updated with the hottest football fixtures, horse races and virtually any event that may have positive effect your bank account.
Our secret not anymore is that both of us just love betting on sports. In addition to the betting tips, at our blog you will find the latest and most relevant news from the sports betting world. Find out below! Available for: iOS, android. Football To help you pick the right football betting sites for your chosen market we have done comprehensive research on our 7 operators, we chose 4 football matches at random and checked the odds for home win on the 7 companies.
What will you get with our mobile apps? What you need to consider when you choose a Bookie? What Makes a Bookmaker Good? What Makes a Bookmaker Bad? User-friendly interface Website that loads slowly Abundance of bonuses No bonus offers at all Intuitive bet placement Difficult navigation Extras, such as live betting No special features Wide range of sports and bets Limited betting options.
New Banking Methods With the developments in technology made by financial institutions in recent years, most notably the optimisation and streamlining of mobile payments — online bookmakers have been able to roll-out some pretty nifty features to make the experience of putting money into the betting wallet not only fast and secure, but on some level also stimulating the reward and enjoyment receptors of our brain. Social Betting Social-media has long been a prominent feature of most of our lives.
Betting on eSports There has never been such a massive surge in popularity of any competitive sport in the history of humanity. Decentralized Betting Decentralised betting is the newest feature we have seen, and is something that has the potential to redefine the betting industry in the coming years. What if the bookmaker refuse to pay out or if I have any other dispute with them? What is the catch in those welcome bonuses and free bets?
Are all online bookmakers fair and honest? Is it possible and under what conditions to got my account suspended? If I or someone I know has a gambling problem, what can I do? Is there a good sports betting blog out there? Visit site! First deposit and enter code TONY The deposit has to be wagered 10x on TonyBet betting markets with odds of at least 1.
Please gamble responsibly. New depositing players on STSbet. Qualifying bet: min. Deposit method restrictions. Bonus valid for 7 days. This offer is valid for 7 days from your new account being registered. Open Account Offer. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake.
System bets not eligible. Neteller,Skrill and Paypal not eligible. New UK customers only; 6x wager requirement with 90 day expiry; Only sports bets contribute to wagering; Min. Please bet responsibly. Offer applies to Sport bets only.
Exclusive to new members. The UK only. Available for new players who have registered at EnergyBet after Cash stakes only. Bets placed for both sides, with the same outcome and for the same event, will be disqualified.
The firm may decline any bet a gambler proposes, or accept it only at a lower unit stake, or else may ask the gambler to increase his line of credit before the bet can be accepted. Clients may open or close trades at any time in dealing hours, with instant execution. A common use of this flexibility when trading in single shares is to make a bet that a price will fall, or rise.
Standard political trades include the number of seats gained by a political party in an election. Financial trading is exceptionally diverse, and includes the values of the Wall Street, DAX, FTSE, Hang Seng and Nikkei share indices, the price of individual shares traded on these markets, the price of a variety of commodities, as well as bond and currency futures.
Moreover, the bettor can win large sums of money for a relatively small unit stake. Therein, however, lies the major disadvantage of spread betting. The sums lost can exceed the sum staked by a huge amount, unlike fixed odds or pool betting, where the most that can be lost is the sum staked. In summary, spread betting is a relatively novel form of betting, which offers the opportunity to win or lose large amounts of money. You are offered a quote of 10 — If this is at the same quote as that at which you opened the bet, you will lose your stake multiplied by the size of the spread.
Example At the start of the match, the quote about the number of corners is 10 — Now examine the following scenarios. Scenario 1 After ten minutes of play, four corners have been taken. The quote has risen to 13 — Scenario 2 After 30 minutes of play, no corners have been taken. The quote has now fallen to 7 — 8. In each case, you have decided to close the bet to guarantee a given profit or to cap a given loss.
Financial Spread Betting An increasingly common way of trading, particularly suitable for the smaller investor, is known as financial spread or index betting. Financial spread betting companies operate, just like sports spread betting companies, by quoting a spread about variables in a market characterised by an uncertain future outcome. A popular example is the FTSE index, i.
The higher the FTSE index, the higher the price, on average, at which the top shares are trading. Say, for example, that the market-makers consider that the FTSE will close the day at In this case they may quote a spread of, say, — , which includes their best estimate of the actual closing price. Clients of these companies are now invited to buy at the top end of the spread or sell at the bottom end The units are calculated according to the minimum marginal difference between positions at which trades can be implemented.
You have two choices if you wish to trade. Choice A: buy at Choice B: sell at Now consider the following scenarios. Outcome A: Having bought at , you correctly predicted that the spread was too low. For every point over you win your unit stake, i. Outcome B: As a seller at , you incorrectly predicted that the spread was too high. For every point over you lose your unit stake, i. This is known as a stop loss, and it is designed to mitigate risk. To do this you place a stop loss order with the traders at, say, This is a protection against further losses if the market continues to fall.
However, the stop loss cannot be guaranteed at the precise level requested, particularly in fast-moving markets. Guaranteed Stop Loss This type of order offers complete protection at the chosen stop loss level, but involves an extra premium. The service can be applied when buying or selling. The quote is — However, you decide to leave a guaranteed stop loss order at For this there is a premium charged of, say, 3 points.
Hence, the selling level is now at - 3. The consequence may be that the spread for the June FTSE index opens sharply up at, say, — Without GSL i. With GSL, your position is automatically closed at your guaranteed level of not Limit Orders You can place a limit order at the same time as you open a bet, or anytime thereafter, in order to close the bet if it reaches a predetermined profit level.
You can also place forward orders to open a bet buy or sell if a market rises or falls to a level you specify. Over the next few days, and before expiry of the contract, the FTSE has gradually fallen, so you ask for a new quote. On calling, you are offered a spread of — Later in the day, you call back and find that the quote has slipped to — You are concerned that the market may fall further and decide to cut your losses.
In both the above cases you have closed the bet by making a bet in the opposite direction, of the same stake. If you make a bet in the opposite direction, for a smaller stake, you have partially closed the bet. Options This section is intended for advanced study only. Please feel free to skip it if you wish. Options allow you to choose whether to buy or sell a particular market. There are two types of option — calls backing the market to rise and puts backing the market to fall. Options offer the security of knowing your exact downside when buying a call or a put.
However, rather than bet on the June FTSE futures market, you decide that it is less risky to buy a call option, because your maximum downside is known in advance. Outcome A: Index rises Say, now, that the index rises to by 1st May. Alternatively, you could wait till the expiry date in June and take your chance that you will be able to exercise the option to buy at As long as the market at expiry stands above say you exercise your option to buy at and win the difference between the closing price and the buy price , multiplied by your unit stake.
From this must be deducted the premium 50 times the unit stake. The index then falls sharply. This gives you the right to sell the index at on or before the expiry date, having paid a premium of Say, now, that the index falls to Since your put strike price was , you exercise your Option. However, the premium is Let us now consider the opposite scenario.
The index then rises. You do not exercise your option to buy, since your put is worthless. The idea behind betting exchanges is quite simple. It is to match up someone who wants to bet on something at a given price with someone else who is willing to offer that price. This way both sides are happy, at least until the result is known. The person who bets on the event happening at a given price is the backer. The person who offers the price is known as the layer. In effect, he is laying the bet in exactly the same way as a bookmaker does.
It also allows everyone on the exchange to act as a bettor backer or bookmaker layer at will. Indeed, it is possible to back and lay the same event. The other drawback is that there may not be enough people interested in acting as a bookmaker on certain events.
Even where there are people willing to lay bets, sometimes these are to very small sums. The betting exchanges certainly increase the choice on offer, however, to those interested in making money from betting. The Way To Bet On The Exchanges There really is excellent value to be had from betting on the exchanges, but only a very small proportion of those who bet know how to use them. Those who are interested in learning will find it surprisingly simple once the initial unfamiliarity has worn off, and great fun.
The idea is that you get to act as a bettor or a bookmaker, or both at the same time. Your first consideration is whether the odds about a Leeds win, a Leeds defeat or a draw are in your favour. The major betting exchanges present you with the three best odds and stakes which other members of the exchange are offering. For example, for Leeds to beat Liverpool the best odds on offer might be 3 to 1 4. These odds, and the amount you can stake, may have been offered by one or more other clients who believe that the true odds are longer than they have offered.
If you wish to be cautious, however, you may decide to stake a smaller sum on the outcome. Before staking the money, however, you should check that no bookmaker is offering as good a deal, or better. This is important, since there is usually a commission deducted from winnings on the betting exchanges, whereas returns with the bookmakers are deduction-free. An alternative option available to potential backers is to enter the odds at which you would be willing to place a bet, together with the stake you are willing to wager at that odds level.
Laying On The Exchanges To lay a bet you set the odds you wish to offer and the stake you are prepared to accept at those odds. Betting exchanges include Betfair www. Intrade As An Exchange Intrade is a betting exchange which works in a similar way to futures markets. In particular, standardised contracts are bought and sold between exchange members.
Members of the exchange trade with each other, with the operator charging a transaction fee on each trade. All contracts can be bought or sold, and there are two types of contract — short-term contracts and long-term contracts. Short-term contracts usually cover individual events, such as a particular football match. Long-term contracts usually cover seasonal events, such as the total number of points obtained by a team over the course of the whole season.
There are two basic methods of trading. Let us consider these in turn. The outcomes range from a notional 0 to Zero 0 represents a negative outcome, i. The contracts can, in principle, trade anywhere between 0 and When the outcome is determined, however, the contract will expire at either 0 or Multiple PIX contracts may be listed on the same event.
The simplest case is where there are three possible outcomes , i. Liverpool There are three possible outcomes, and therefore three linked PIX contracts : 1. Arsenal win Liverpool win Draw Thus Arsenal might be quoted at 55 — Say a client decides to buy.
He may than buy, say, contracts at a price of The reason is that the contract makes up at 0 in the event of any outcome other than an Arsenal win. The potential upside is 42 ticks on each contract if Arsenal win, i.
At any point during the course of the market, the client may decide to close the trade by selling a contract previously bought, or vice versa. This might lock in a loss or a profit, depending upon how the market has moved in-between. Totals Contract Totals contracts are priced to represent some likely quantity, such as the total number of goals scored in a football match, or number of runs in a cricket match.
Each totals contract will have a given range, as well as a prescribed tick size and tick value. If an event results in more or less e. In this example the range is specified as 50 points to points. The maximum profit is points 10 contracts of 20 points , which would be realised if Man Utd amassed or more points.
Bets are placed with other clients of the exchange, in the form of shares which trade between 0 and Winning team shares expire at Losing team shares expire at 0. Perhaps the most interesting manifestation of this sort of exchange is that offered by Tradesports www. Now add in the option of comparing the offers from the bookies with the betting exchanges, and it is not difficult to fathom why the odds are starting to look loaded in favour of the bettor.
The trick lies in using these options to maximum advantage. Take as an example the first day of the Cheltenham Festival. On Champion Hurdle day, there were five new pieces of advice. The next best prices available about the Dermot Weld-trained 5-year-old were the 40 to1 available with Blue Square and Surrey Racing, both identified in the Pricewise odds comparison table.
Visitors to the Oddschecker sites were alerted to the additional 40 to 1 available with Betabet, though not pointed in the direction of Surrey. Elsewhere there were general 33s and 25s on offer. Clearly, Chandler was the firm to go with. Still, dragging around the various outlets allowed a reasonable sum on the Pricewise fancy at 40 to 1. Whatever price you took, and especially if you got the early 50 to 1, there might be money to be made regardless of the outcome.
How so? Well, this is where the betting exchanges come in. Take Betfair as an example. If the horse won, you would still be in profit. In order to realise an actual risk-free profit, you would have needed to lay the horse on the exchange for a little more than you had staked on it to win. This is rather less than before, but at least it is risk-free. Why so? A free lunch every time?
Not really, as the evidence of the second Pricewise horse to be advised proves so tellingly. The horse in question was the Noel Meade-trained 6-year-old, Scottish Memories, in the very same race, and also tipped at 50 to 1. Sounds similar advice, but as a betting proposition, we were talking a whole different ball game. The first warning sign was the fact that Victor Chandler were still willing to offer the horse at 50s long after the 8 am opening bell, and it was possible to take the same long price with the likes of William Hill, Ladbrokes and Surrey, as well as SportingOdds and Sports.
Clearly, the, the 50 to 1 did not represent such unique value. Still, according to the Pricewise column, it represented value nevertheless. The advice was to take the price for 2 points each way. The reason for their optimism lay in the hope that the odds would plunge from 50 to1 simply because it was the Pricewise fancy, and that the opportunity would soon open up to hedge, or lay, the horse at rather less than 50 to 1.
Suitably planned, a risk-free bet on Scottish Memories looked a banker. The reality was rather different, as would-be hedgers in the exchanges might care to bear in mind. Those waiting for the gravy train were to be sorely disappointed, however, as it never reached the edge of the station.
Instead, by Anyone would be forgiven for thinking that the horse had been spotted limping to the course. In the event, Scottish Memories performed rather well, finishing a gallant seventh at 50 to 1 despite being severely hampered as he was making his challenge.
Who knows how close he would have got with a bit more luck? So much for listening to the market. Mutakarrim, for the record, finished a poor 18th, at a starting price of 25 to 1. The other end of the market told another story. The favourite at the opening of market hostilities was Like-aButterfly, available at a best-priced 5 to 2 with Blue Square, Surrey and Sportingbet.
Subsequently, the best odds at which it was possible to place a bet on Like-a-Butterfly on the exchanges was 2. By the time the market opened on-course, the generally available price was 2 to 1, and the starting price was as short as it ever got, at 7 to 4. Like-a-Butterfly won by a neck! Trained by Christy Roche, the 8-year-old was advised at 14 to 1 with Sunderlands, to a proposed stake of 3 points to win and 1 to place, and Sunderlands were happy to lay the price.
This was a horse that it was easy to lay at The three contenders at the early morning opening were Valiramix, Istabraq and Landing Light. Valiramix was a best-priced 9 to 4, available in quite a few places; Istabraq opened in the morning at a best 3 to 1, with UKBetting and Surrey; 7 to 2 could be had about Landing Light with UKBetting and Sports. By Valiramix was on offer at 2. By noon the market had settled, and a comparison of the prices available to back and lay on two leading exchanges revealed the following: Betfair Betdaq Valiramix To back: 2.
The starting price was as long as it was ever available on the day, and the casual punter who took the SP got better odds than all the sophisticates who had eagerly scanned the early prices and exchanges for value. Not so in the case of Istabraq, who opened on course at 5 to 2 and started as short as he ever was, at 2 to 1.
Landing Light opened at 7 to 2 and started at to The most notable feature of the market movements was that backers of Istabraq would never have done better than the early 7 to 2 available with a couple of bookmakers. Supporters of Valiramix would, in contrast, have been best advised to wait as late as possible before putting down their money, or else just taking the starting price.
Which all goes to show that there is no hard-and-fast system for always obtaining the best price. There are ways of improving your chances, though, and that is, in part, what this book is about. In the event, those backing any or all of the three at the top of the market went home empty-handed.
Valiramix was going easily when he stumbled, and tragically had to be destroyed. Istabraq was pulled up before the third hurdle. Landing Light finished fifth. At the opening of the market on the morning of the race, the best price available about the Hobbs horse was 7 to 1, with Sportingodds, while Carryonharry was available in a place Betabet at 15 to 2.
Both these prices were better than was available on Betfair at 9. Those seeking to hedge the horses for a riskless potential profit were able, by the time the market had settled down at Carryonharry could be laid with Betfair at 6.
Both were available at better prices than would ever be offered on the course. Gunther McBride opened at 6 to 1, and started as a 4 to 1 favourite. Carryonharry opened at 6 to 1 and went off at 5 to 1. Both lost, finishing 6th and 9th respectively. Trained by Ted Walsh, the 8-year-old bay gelding was advised at 12 to 1 available quite generally , to a proposed stake of 3 points to win.
This was a horse that was never to be longer in the market. Indeed, by 9. There was absolutely no problem in laying the 11 to 1 to modest sums. Meanwhile, the market favourite at the opening of business was The Bushkeeper, from the Nicky Henderson yard, available at a fairly general 6 to 1.
The Bushkeeper lengthened on the Exchanges to a best of 6. On the course, The Bushkeeper opened at 5 to 1, started at 9 to 2, and won comfortably. No Discount showed nothing on the course, and fell two out when going nowhere. Trained by Christy Roche, and with Charlie Swan on board, the 6-year-old bay gelding was advised at a general 6 to 1 to a 2 point stake. It was never better on the exchanges.
By noon, the best price available on both Betfair and Betdaq was 5. Calladine was badly hampered when making his challenge, and finished 14th of 24 starters. By the end of the day, none of the Pricewise horses had yielded a return, though there were some opportunities to hedge at shorter prices than those advised on the exchanges.
The on-course and starting prices about these selections were usually significantly shorter than the morning opening prices. To a degree, the lessons of Cheltenham are atypical, since the market is so strong, and the information is so well known prior to raceday. On more usual days, a Pricewise tip will often lead to a marked and immediate shortening of the horse. In these circumstances, it may seem just a matter of backing the Pricewise horse to whatever the bookie will allow you and then hedging by laying it at a lower price in the Exchanges.
The danger, of course, is when everyone else is trying to do the same thing. After all, to lay a horse successfully at a given price, someone must be willing to back it at that price, with you. An example of a successful Pricewise punt along these lines came no later than the immediately following Saturday, at Uttoxeter. In the event, the money came for the tipped horse, The Bunny Boiler. Those seeking to hedge could already make a potential risk-free profit by laying the Noel Meade horse at 7.
The flow of money for the Pricewise horse was not matched in the enthusiasm for any of its rivals, and certainly not in the money chasing the favourite, This is Serious. Opening at a best-priced 11 to 2, it was soon available at 6 to 1 in the exchanges to sizeable sums, and longer still once the market had settled. On the course, offers about This is Serious were less generous, however, and it maintained a steady 9 to 2, before starting at the same price.
The Bunny Boiler duly opened at 6 to 1, shortened to its shortest ever 5 to 1 and trotted home, an easy length victor. The lesson of the week was that followers of Pricewise selections are usually best advised to get stuck in early, and to try to hedge in the exchanges once the market has settled down if so inclined.
The Pricewise tip is also likely to be a better bet for those seeking to beat the starting price, or to hedge in the exchanges, if the market is not overly strong, and if the price on offer is not too generally available. Do not expect, though, to be allowed to stake as much as you want in such circumstances, or think that you will always be able to hedge your bet later in the day.
Punters Beware! An example, from my own recent experience, may best illustrate the trap. On 11 May , at 1. Middlesbrough match incorrectly. Turn now to Rules 14 and 15 of the UKBetting code for the detail. Once you have confirmed your bet and it has been accepted by UKBetting. Rule UKBetting. Notwithstanding Rule 14 above, we reserve the right to correct obvious errors for example an incorrect price or voiding bets struck after an event is underway. Where no instruction is received relevant bets will be settled at their correct odds.
Hedging the mythical 50 to 1 at that 17 to 1 in the exchanges is a potential road to the poorhouse. Starts 3 pm today. I would not wish to place this stake if you are to invoke a palpable error rule on me if the bet is successful. Can you clarify the situation? Your stake will be returned when the First Goalscorer market has been settled, at the conclusion of the game. One other point. They contribute to the scoreline, but not usually to the No Goalscorer market.
This is only a general guideline, however. In other words, you have the luxury of picking and choosing between all the prices on offer. Similarly, you have the choice of picking among a significant number of bookmakers, all of whom are competing for your custom.
Sometimes these prices are so disparate that it is possible, indeed, to bet on every possible outcome with different bookmakers and win whatever the result. Such circumstances do not last long, though, as there are plenty of people willing to swoop on such prices, with the effect of forcing them down to a less generous level. There are, however, many less fleeting ways of tackling the bookmaker which can, if handled carefully, offer the opportunity of turning the odds in your favour.
There are a number of these inefficiencies, and we shall consider them each in turn. First, though, we shall turn to perhaps the most well known, and certainly the most rigorously tested of them all. The Favourite — Longshot Bias The idea of a so-called favourite — longshot bias at the racetrack was first identified in by Richard M.
Griffith examined the odds available about thousands of horses running at US racetracks, and catalogued where each of these finished. The results of his research were astonishing at the time, and were soon accepted for publication in the American Journal of Psychology. In other words, those who systematically bet on the favourite the horse with the shortest odds would over the long-term win more, or at least lose less, than those backing any other horse or horses in the field.
This was a startling discovery, because it suggested that it was possible to earn above-average returns by following a simple betting system, which required no knowledge of anything other than the available odds. This discovery was significant not only for horse race bettors obviously but also for economists.
After all, how could this loophole exist? To the betting public, and that included quite a few economists and statisticians, the most important thing to find out was whether Griffith was right, and this meant collecting lots more data, from different racetracks and at different time periods.
Amazingly, study after study came up with the same findings. The favourite — longshot bias is indeed real. In the subsequent fifty years and more, only one significant US investigation has indicated otherwise, and that solely for the case of one atypical, relatively small US racetrack. In a way, this is not surprising, since laboratory experiments dating back to a classic study by Preston and Baratta in all point in the same direction.
These experiments all found evidence of a systematic tendency by subjects under controlled conditions to relatively underbet or undervalue events characterised by high probability short odds , and to relatively overbet or overvalue those with low probability long odds. Wayne Snyder, writing in , surveyed all the work to that date which had looked at US racetrack betting, and concluded that there was indeed a strong bias which made bets on favourites much better value than bets on longshots.
The problem with the US studies is that they are confined to the system prevalent in that country, i. Those seeking to turn an honest profit from their betting activities in the UK faced a very different environment. It was not long before attention was turned to the existence of a favourite — longshot bias at bookmaker odds.
A pioneering study was undertaken in by E. Lennox Figgis in his book, Focus on Gambling. This and subsequent studies by Figgis, were to become so influential that they were quoted in the final report of the Royal Commission on Gambling. The favourite — longshot bias was alive and well in the UK, at the odds quoted by bookmakers.
The way that Figgis conducted his studies was to collect data on the starting prices of the horses. The SPs, as they are called, are the independently determined assessment by professional assessors at the track of the general price at which a bet could have been placed on a horse with course bookmakers at the start of the race.
Most off-course bets are settled at this price. Calculations of the returns in and , performed for the Royal Commission on Gambling, found rates of return of In other words, in four of the five years examined, betting on all horses starting at the shortest odds examined would have yielded a very healthy pre-tax profit. To pay for this healthy profit, it is inevitable that other punters are losing in an unhealthy way.
If they were not, the bookies would be out of business. The big-time losers, Figgis found, were those who backed the longshots horses starting at long odds. His calculations for the longest odds range, i. The average returns varied from as little as It was, however, Jack Dowie who first brought these ideas to the notice of the academic world with a path-breaking article published in the journal Economica in Dowie calculated the expected return to bets paced on horses starting at each of a wide variety of starting prices for the flat season.
His sample of races revealed evidence of a significant longshot bias, to the extent that a pre-tax profit could have been made by betting on all horses starting at 4 to 6 or shorter. Again, the return to longshots especially extreme longshots was far worse in extent than that reported for US racetrack betting markets. The same study also showed that bets, to level stakes, on all horses returned at 1 to 2 or shorter would have provided a pre-tax profit of 9.
Robert Henery was another to wade in, with his examination, published in in the Journal of the Royal Statistical Society, of races run in and The average return to a unit stake was calculated over various odds ranges, demonstrating a return of Confirmation of the findings of the academic studies was provided, interestingly enough, in the Ladbrokes Pocket Companion, Flat Edition, for The findings covered the flat racing seasons from to As expected, bets at shorter odds provided much better returns than at longer odds.
Indeed, the results suggested a positive rate of return to a strategy involving the consistent placing of bets on horses which started at odds of 1 to 2 or shorter. Of horses starting at odds between 1 to 2 and 1 to 5, won, giving a profit of 0. There were 96 examples of horses starting as even hotter favourites between 1 to 5 and 1 to Of these, 88 won, for a level stakes profit of 6.
Of the 35 favourites who went off at odds of 1 to 8 or shorter, all won. The following table, reproduced from the Ladbrokes Pocket Companion, clearly shows the nature of the bias against longshots. Odds Wins Runs Lev. I refer to the Happy Valley and Sha Tin racetracks of Hong Kong where betting on the horses seems to be not so much a hobby as a mad passion.
The same also seems to go for Japan. Do all the shrewdies live in the Far East, or make their way there on the first available flight? Nobody knows for sure, although theories abound. One of the most popular explanations is that the Tote pools are so big that it pays professional gamblers to set up shop with the most sophisticated data processing models.
They then use these models to mop up the money placed in the pool by mug punters so silly as to overbet the longshots. This brings the odds into line with the true probabilities, and eliminates the bias. Unlike bookmakers, the pool operator is happy to pay them and pay them again, using the money put into the pool by less astute race fans.
So much for Hong Kong. So much for the horses, but how about the dogs? To answer this, you need look no further than the work of Michael Cain, David Law and David Peel, who demonstrated the same bias at the dog track in a study. So the evidence is overwhelming.
A consistent strategy of betting on horses starting at shorter odds will yield a better return than betting at longer odds. Indeed, for the UK at least, and in at least one study in the USA, it appears that a policy of betting all the shortest odds good things could, over certain past seasons, have yielded a pre-tax profit.
Academics differ about what causes the affliction to longshotbackers, but all are agreed that it exists. Only two published studies looked specifically and uniquely at football in this context, the most recent being published in the February, edition of the Scottish Journal of Political Economy.
Despite the title of the journal, the investigation is based on the English Premier League. The key finding is that the odds available with fixed-odds bookmakers about very short odds-on favourites provides a significantly superior return on average than do the odds available about longshots. In other words, the traditional favourite — longshot bias is alive and kicking on the football pitch, which means that if you know nothing else about football, your best bet is to back the favourite.
Among correct score odds, the best value, according to the study, appears to lie in backing very short-priced favourites to win by a score of 1 — 0, 2 — 0, 2 — 1 or 3 — 2. These findings confirm an analysis written in , co-authored by myself and David Paton. In other words, when betting on football, shorter odds tend to represent better value. That sums up the evidence for horse racing, greyhound racing and football, but what about all the other sports out there?
Well, fortunately for us, Cain, Law and Peel have yet again come to the rescue with an article in the Bulletin of Economic Research. Their data set consisted of the odds and results for 50 boxing matches, Sunday League cricket matches, snooker matches and 91 tennis matches at the Wimbledon championships. For good measure, they also looked at 24, US baseball games. Their results confirmed the existence of the usual bias in favour of backing favourites for all the other sports, including baseball.
There you have it then — the evidence from a series of studies spanning half a century. If you know nothing else, a blind strategy of betting on favourites would have yielded a much better return than betting on any other outcome, and the shorter-priced the favourite the better. Indeed, in some studies, such a strategy, at very short odds, would have produced a significant profit.
Be careful, though, before sprinting off, armed with all this information, to back a series of short-priced favourites. Statistics, after all, work only in the long-run, or on the average. In the long run, of course, we are all dead. The art of turning the advantage you may have gleaned from the evidence you are starting to accumulate will be the subject of our next chapter.
Much of the rest of this book will be about helping you to identify other ways of turning the odds in your favour, or identifying those times when they already are. This is the concept of value, and it has never been more prevalent than in the cut-throat world of modern bookmaking.
In this chapter, we will look at the best approach when you spot value. In particular, how do you turn the advantage into secure long-term profits? Note the two words — secure and profits — in other words, risk and reward. An example will explain. Over a period of time, you cannot but make a profit. The problem of course, is that what will happen in the long run does not always happen right away. Indeed, it might be a long time indeed before you are able to turn the theoretical edge in your favour into a deeper bulge in your money pocket than you started out with.
That, of course, is the way with the real world. Of course, the generous bookmaker will, on average, lose at his quote of 11 to 10, but along the way your bankruptcy could spell his fortune. The likelihood of bankruptcy engulfing you before you can turn theoretical into practical advantage depends, naturally, on your stake.
Just try explaining to them how that 11 to 10 really was very good value about the flip of a very small coin. So what should you do when you spot value? Fortunately, John Kelly has provided us with just the answer. His so-called Kelly criterion tells you exactly how much to stake on favourable bets in order to maximise your fortune without sacrificing your peace of mind.
The mathematical details are a little complex, but the essential conclusion of his analysis is clear enough. The Kelly strategy for maximising long-term average capital growth is to wager a proportion of your assets equivalent to your advantage at the available odds. Well, with a per cent chance of a head, and absolutely no chance of a tail, your advantage in betting heads, however short the odds, is a whole per cent.
Can you? Yes, you can! In the real world, even a double-headed coin can turn up tails. Stake accordingly! It was available at 20 to 1 with the bookmakers on the morning of the race. On the course the first price the bookies offered about it was 10 to 1. So you failed to get on at the best price, by quite a margin. But what do you do now? Enter the professional economist, a big database and a bag of statistical tools. The task is then relatively straightforward.
First, input all the early prices on the morning of the relevant races, then all the opening prices in the on-course market, and finally all the changes in the prices before the eventual declaration of an official starting price. All you then need do is record which horse won. For the UK, the pioneer of this sort of work was Nicholas Crafts, who in published an influential article in the journal Economica.
These insiders, he argued, were able to take advantage of movements in the odds during the course of the day to bet at odds greater than the starting price. Crafts reasoned that a marked shortening of the odds available about a horse during the course of the day may indicate evidence of insiders who knew that the probability of that horse winning was greater than that implied in the early odds.
He first looked at the prices at which the horses were forecast to start their race. He also looked for significant movements in the on-course market as well. His data set consisted of 16, runners in total, over a period from 11 September to 8 January He tested various definitions of a marked movement in the odds, for example a definition based on the starting price being half as big as the opening price 5 to 1 from 10 to 1, say.
In order to isolate races which might be the target of above-average levels of insider activity, Crafts divided the sample into handicaps and non-handicaps, the idea being that these are distinguished by the amount of established public form available about them. In handicap races, horses are weighted on the basis of past form, which must be established over a series of races, in an attempt to equalise, as far as possible, the chances of all the horses in the race.
Such races are less likely, therefore, to offer as much scope for those in the know to trade profitably as non-handicap races, where the form need not be so exposed to public scrutiny. Moreover, this is particularly strong for non-handicap races.
An examination of the scope for making similar profits during the formation of starting price odds in the actual on-course market produced similar findings, although splitting the sample as before into handicap and non-handicaps failed to reproduce the earlier result. Crafts offered supporting evidence in descriptions of betting patterns, published in the Sporting Life, about patterns of on-course trading.
In particular, he identified examples of large sums of money placed on horses with poor previous form, the odds about which went on to shorten up considerably and to win. These results were so significant, if true, that I decided to see if they applied to a totally new set of races, for which I personally collected data.
The results of my research were subsequently published in the book, The Current State of Economic Science in As higher-grade handicaps are the subject of particular public attention and scrutiny, it would seem unlikely that they, in particular, offer much scope for the profitable use of private information. For the sample of horses that showed the most marked shortening between forecast and starting prices the price halved or more , the expected return at forecast prices was particularly high for non-handicap races and lower-grade handicaps.
The same pattern was found for the sample of races showing a marked shortening between the longest price available in the on-course market and the starting price. So one thing seems true for sure. Horses which shorten significantly in the market are a great bet, at the original price. So horses which shorten significantly in the market are a great bet, at the original price, particularly in certain types of race.
Indeed, is there a problem? Of course there is. The original price has probably long gone by the time you spot what good value it was. Let me explain. A horse which shortens is likely to represent a better bet, at any given price, than one which does not. For example, a horse which shortens from 10 to 1 to 5 to 1 represents better value, even at the 5 to 1, than an equivalent animal which had always been available at 5 to 1.
It represents even better value than another horse which had previously been offered at, say, 3 to 1 before drifting out to 5 to 1. The bad news is that the final price is, on average, not good enough to translate this observation into a profitable long-term betting strategy. You can help your cause, however, if you are selective. To understand this, we need to turn again to Professor Crafts, and a follow-up article which he published in in a book called, The Efficiency of Racetrack Betting Markets.
In that article, Crafts built upon his earlier work by identifying a category of horses which had not run for a long time the season before last, to be precise. He also eliminated from his sample all horses starting at odds of 7 to 1 or greater, presumably since these longer-priced horses are on average less profitable to follow than those starting at a shorter price see chapter 4 for more on this favourite-longshot bias.
The reasoning behind looking at horses returning after a long layoff is that these are the very horses about which inside knowledge is likely to be the most valuable. In particular, they may not have been seen on a racecourse for months, but someone, somewhere has seen them, and if sizeable sums are going down, you might be wise to pay attention. Crafts identified 88 horses over a period between September and November , which had shortened markedly according to his definition.
Backing all of these at forecast prices would have a yielded a rate of return on stakes of a massive The implication of these findings is not difficult to spot. A good strategy for those not privy to any inside information about horses returning after a long layoff would be to follow the money. Indeed, such a strategy would have doubled your money even at starting price. The theory makes sense, and the results support the theory.
Still, 88 observations do not constitute a large sample, at least not in a statistical sense. Not necessarily, anyway. It was the day before Halloween and it provided a nightmare for bookmakers, courtesy of a horse called Tayseer. This is equivalent to a two-horse field in which one horse is offered at evens and the other at a shade worse than 1 to 4. Hardly attractive pricing when stated like this, but much less off-putting when spread among 19 contenders.
As a handicap, the form of the horses is relatively exposed, and they are supposedly weighted so as to equalise as far as possible their chances of winning. This should make the selection of a winner, in theory at least, that bit more difficult as well.
Compare the preceding race on the card, the Ben Marshall Stakes. As a non-handicap there was also no artificial attempt to produce some sort of dead heat. In the event, the Autumn Stakes Handicap delivered handsomely to those smart enough to follow the money, and particularly so to those who placed the early money that was followed. The facts are these. Tayseer opened in the offices at 5 to 1 generally, and at 11 to 2 with one credit bookmaker.
On the back of some well-publicised tips, these prices were quickly taken, and within a very few minutes the price available on the telephone had plummeted to as low as 2 to 1. To limited stakes, the higher prices were still available for a while longer in the licensed outlets of various bookmakers. The key question remains. Is there still value in the price available at the off? Tayseer opened on course at 2 to 1, touched 9 to 4 in places, and was returned at 15 to 8.
In retrospect this was a good price, but any price is a good price when the horse is past the post and the connections are celebrating. Whether it was value at the time is a question that has been addressed more generally in the preceding chapter of this book. The value also tends to be concentrated at prices below 8 to 1 or so. Of these criteria, the Tayseer phenomenon passed only the price test. All we could expect in such circumstances, judged on the published evidence, is a lower loss on average than if you were to back horses that have not shortened.
Of course, at the original price, or even at a range of prices on the way down, the potential for a genuine value bet remains. At any price, the key to obtaining value is a well-placed belief that the price is set to fall or to fall further than it has already done. On that basis, Tayseer was value, but not, without the benefit of hindsight, at the off. While most eyes were on the big race, an unusual confluence of tipping interest focused instead on the outcome of the 3.
In a horse field, Marsad was on offer ostensibly at 22 to 1 with Stanley, and 20 to 1 with Coral and William Hill. Within minutes, the best available was 14 to 1, and by the opening of the market 10 to 1 was the going price. Marsad flew home and the lesson of this tale is clear. When a horse is heavily tipped, at least by respected tipsters, it is likely to shorten. If you have missed the price, there may still be value at all prices down to that available at the off.
As it happens, this time the nominated horse landed the gamble. Move forward now just three days to the opening of the Chester meeting. Similar Pricewise interest led to copycat plunges on two horses Northern Desert and The Glen in the 2. This time the gambles were foiled. By the off, the price will have reflected more or less the genuine chance of the beast.
At a succession of prices on the way down the price was probably, on the basis of known information, on the generous side. The race in question, held at Aintree, at 4. At best early prices, you could have picked up 2 to 1 about either of them, with a generally available 10 to 1 about their nearest rival. A level pound on each would, as such, have yielded a net profit of one pound if either won for the risk of a two pound stake, i. Conventional betting theory points in one direction in these circumstances, and that is in the direction of taking one or other, or both.
This kicks in especially forcefully at odds above 7 to 1 or so, and in larger fields. Take all this together, and those without special access to information, or special skills at processing that information, are looking for a race with one or two solid favourites, and a host of longshots.
Where better to look than a race like the Glenlivet Hurdle? I say one or two solid favourites, but ideally we are looking for two. The reason for this lies in the weight of evidence which shows that horses that contract in the betting are particularly good value, even at their new shorter price, while those that lengthen are relatively poor value, even at their new longer price.
The stand-off between Adrian Maguire, on board Azertyuiop, and Thierry Doumen, astride Bilboa, fits the criteria, therefore, for establishing value. It had what I like to call the right odds shape. Once the two horses had been identified, to fit the final piece of the jigsaw meant a judicious wait for the on-course money to send its own message.
All of these were on Bilboa. Not a drop of big money was seen on Azertyuiop until he had lengthened to 5 to 2. At the time, of course, those sitting at home had no way of knowing the exact nature of the trades, but the market told its own tale. By the time that Bilboa had contracted to 7 to 4, the signal to act had arrived. It would never represent better value, given the available information. Perhaps those cross-checking with the spreads could have done even better. In the event, the French-trained filly never looked in doubt, as she jumped accurately and effortlessly, before leaving her rivals trailing in her wake for a length victory.
So there we have it. Two standout favourites in a decent-sized race, one of whom eventually attracts the smart money. What will happen when you next toss that coin or spin that wheel? All the evidence suggests, however, that real people, and real gamblers in particular, throw all the laws of probability out of the window when it comes to crunch time. Take that coin that just landed head side up. The afflicted now believe that tails is just that little bit more likely next time than heads.
One of the best examples is catalogued by Dek Terrell, of Kansas State University, in an article published in in the Journal of Risk and Uncertainty. Now, the New Jersey Lottery pays out to winners a share of the pool of all bets, so a higher payout implies that fewer people chose that number. This is because people would be less likely, on average, to choose a particular number after it has just been drawn.
This means a bigger payout if these numbers do crop up because there are fewer winners to share the pool. Numbers which repeated within a day period had a higher payout than when they won previously on 80 of the 97 occasions when this happened. Moreover, the more quickly the numbers repeated, the greater was the effect. Therafter it decreased from this level by about half a per cent each day after the number won, returning to the original payout level as if nothing had happened after 60 days or so.
Interestingly, Charles Clotfelter and Philip Cook, writing in the journal Management Science in , identified a similar, albeit stronger effect, in the fixed-odds Maryland Lottery. The fallacy really does seem to get everywhere, at least in the lottery world. How about horse race betting?
Well, just for a moment let your imagination lead you to the track. The fourth? Yes, you already have your head down. After all, you just knew the favourite was going to win the first race, but at the last moment that healthy 8 to 1 about your second choice got the better of you. They'll expect payment in mini Ipods. Oh, not to mention that you will need to join the ATHA. Otherwise you'll have to play the New Mexico Area 51s.
Now, I am not sure what to make of your TV point. We keep digressing and lose sight of what the bottom line is. Right now there are two NGB options. One, the Mormon one, contends that the way to go is with big money and professional teams. The other one is the ATHA. A grass roots effort, willing to set sail on building the infrastructure. I am still yet to read from any of the points you enumerated HOW exactly will you make handball grow through TV.
You can't be all over the place. That's what we've been doing over the past few decades, right? The TV option has no future. Heck, I am willing to bet money on that. If any of the investors out there expect to have handball sweep sports fans of their feet and send them into a frenzy to their local YMCAs because ESPN12 is televising the EC to , viewers at AM in the morning, I'd like to meet these "business geniuses".
Let me put it to you this way. How much of your own money would you pony up and put into this TV endeavor if you could? I did not think so… OPP! The internet is the way to go. I said it first so am certainly glad to see that you agree with me. Problem solved. Create team handball microcosms in 10 to 15 different cities.
Some are already there. Develop the Olympic training centers and fuse them together. Awesome discussion! The way I see it: TV doesn't urt. TV alone, of course, will be slow in generating demand. And even if there were a huge surge in demand, there wouldn't be any supply. But as we all know from our own athletic experience, these supplements can sometimes make the difference in addition to all your workouts.
Actually, that's not such a bad analogy now what's wrong with my analogy? Grassroots is the work-out and TV the supplements :-D. TV broadcasts, even AM broadcasts, can change that significantly. I would argue that the European clubs and the EHF should pay. Because they are the ones who could benefit in the long run.
A contract would still have to be written and satellite time to transmit the raw feeds for later transmission in the US would be needed. Making 1 happen is easy. How much would it cost? Assuming the new federation hires a talented marketing person and has someone on the BoD with some decent media connections it could be done on the cheap. I could see some travel back and forth to Europe.
The BoD with media contacts would also play a critical role in getting networks to at least listen to the proposal. The Euros would need to understand that for some very small costs to them upfront, they could get a significant return on investment in the future. TV rights might be basically free to the Americans in , but in when its time to renegotiate it could be a different story.
And maybe they give a few games away for free, but make a deal with a premium network like Setanta Sports for more games to be broadcast. Maybe they get some fans to pay for quality broadband pay per view of the European Championships. Are we talking about huge NBA like profits- No; But, we are talking about a consistent funding stream, where none existed before. Sounds like a good business move to me. Perhaps, one part of the TV agreement is a 15 second public announcement with every handball broadcast.
The announcement would highlight that the sport is played in the USA and that viewers should go to the US Federation website for more information. I understand the premise of your argument. What I see here is a lack of understanding on how TV really works. The fact that you will agree to televise games and subsequently receive broadcast rights to them does not mean that a network or cable outfit will bump any of its programming.
They would much rather fill their AM timeslots with paid advertisements. They have been doing it for years and will continue to so, especially given the fact that the TV shares and rating are down across the board. In essence, I am telling you and everyone else out there who is thinking about this broadcast deal in terms of an investment, to forget about it.
It's silly. How do I know these things? Nobody knows this because, well, because most everyone involved with team handball in the US is lazy or has other priorities. I'm sorry, because I would love for your argument and the whole TV idea to work. It won't. It sounds nice and it sure is an attention getter. I mean, for Christ's sake, to use this as the centerpiece of an NGB application is, quite frankly, pretty desperate. I ask everyone to please take a step back and look at the big picture.
This is so obvious. Bjoern sees it, Ronaldo and Miguel do too. Bogdan — obviously you don't really know what Title IX is about. I know a young lady [I coached in soccer and who played basketball in HS] who rowed at the University of Texas for the same reason. These schools [and many other major universities] were looking for a sport to give women scholarships in to offset scholarships given to men in American football.
Also, they showed enough handball during the LA Olympics that I got 2 players that came to Ohio State that fall and sought out our handball club so they could learn to play. One ended up playing on the MNT. As I read these entries, I really don't see anyone proposing TV as the major and only way to develop handball, just using it as an additional way to expose people to the sport, so instead of people saying," How do they get all those people inside of that little [walled] court", they say " I saw that on TV"!
You guys have an idea, everyone has his own, but you all have one, and they all are very interesting. You just have to work hard and carry them out. I need know nothing about Title iX. My summary on what it really is stands. Is it not something artificially imposed? Yes, this forum thread is not about TV but the fact that the thought process, at this juncture, includes TV at all, is the issue. If you are asked to develop a short term plan 5 — 7 years to revive team handball in this country and have a certain amount of money available to you, you would be out of your mind to dump it all on TV.
You know why? I will tell you… 'Cause it will take all of that money and then some. Australian Rules Football? Arena Football? Hey, where can I sign up… I like!!! These sports are getting some serious coverage and based on the TV outline discussed above we should be surrounded by those funny looking Aussies, with tight shorts running around chasing that darn ball that cannot roll forward… When was the last time any of you went out to the Arena Football League field goal kicking cages?
Do you think any of my daughters or illegitimate sons could get a scholarship? Oh, wait maybe that Title IX can help. My sons are rather girlie…. Here it is. Make a movie about team handball. Ideally featuring Brad Pitt and Angelina Jolie. Cast DeNiro as the dork who knows nothing about team handball but who thinks he knows everything. We could use the real life character for this movie… but nah!
LOL 2. Develop a team handball video game for all game consoles. Advertise it as "bigger and better than dodgeball! Daily breaking news on local TV channels. Have students who speak incoherently, alongside their parents, give interview to blonde hot reporter about the injustice done to him by insert own independent school district. Show "b roll" tape during said interview of kid, playing team handball, in speedos and with nipple rings.
He is accused of bringing Kempa handball into classroom. Package team handballs with every carton of Marlboro Lights sold at the local super market. Have Surgeon General's cancer warning replaced with "Nicotine is bad.
Team handball is badder! How could that be? There was no money left in the budget to purchase team handball goals, court marking tape and stickum. Obviously by your answer, you do need to know something about Title IX. Having opinions, many of them very valid [which you do], is good.
Being negitive about something you don't understand that could be a great help, is just dumb. I will call you and explain it my friend. How do you figure that I am negative and dumb. I am a realist. If that makes me dumb, OK. I'm dumb. Quit relying on things you hear or read about.
The only great thing about it is it will get you there [b]FAST! I think the thing is that everything has to be part of a package. Strictly TV by itself won't work but neither will a grassroots movement that nobody knows about. I've always said visibility is the key and TV is a high-visibility asset whether it's on late night or the middle of the afternoon. The primary thing is that people see it and know what it is. Unfortunately, Bogdan's idea that you can rely exclusively on building a grassroots movement without showing the best of the best on TV particularly if it is free is simply putting all the eggs in one basket.
If you show someone something to shoot for, then most will go for it. But just spending money only on grassroots programs will only continue the status quo. A league, no. But TV, yes. Australian Rules Football is a great game, but suffers from some of the same analogy problems from my earlier blog post, plus some new ones like an incredibly big field and the need for 36 players to play a game. Amazingly, despite those handicaps it does have a following outside of Australia.
Could the answer be TV? Arena football or American Football in general is pretty much maxed out in the U. Where on Earth would French athletes get the crazy idea of playing such an American game? And yes, I assure you that those sports undoubtedly get a boost in interest from such broadcasts.
As Miguel says, TV is not the only way to develop handball. Grassroots programs are tremendously important, but at the same time, the US Handball Federation should put forward a reasonable level of effort and resources into making TV broadcasts happen.
And then you could go to schools and convince kids to play a game that some of them have seen before. You could even tell them at the end of the demonstration when they can see real athletes as opposed to middle aged players play the game on TV. As I mentioned before.
Title IX is a longshot—Now. A few years ago it was a real opportunity and we lost out to better organized and resourced sports. Oh and Bogdan one last point. Bogdan , if you read what I wrote it was in no way personally saying you were dumb. I did feel you were being negitive about something that could be a help, and your comments made me feel you had to lack understanding of how it applied.
I do agree with John, the best opportunity for itaking advantage of it was a few years ago and we lost out to sports like rowing! Without a doubt the most popular and active article feedback forum on THN. And rightfully so, considering how significant the future of our sport is to use and to future generations. Through this great medium we have all been able to serve and volley our ideas and perceptions of what would work, what may work and what would not.
To: John… Sorry again. The Houston Stars have a lawsuit pending against the LoneStars for the obvious naming rights infringement… Wink, wink… I am making a joke : Cannot play Footy with them. Besides, after checking out their web page, I couldn't help but notice that the sport of FOOTY what a goofy name is used as cover for binge drinking. Thanks for the tip though! I'm sure John will concede that no middle-school kid should stay up to accidentally zap into handball on TV at 2am and that kids that age don't really care if they know the game as long as it's fun.
Ideally, you want to have both, so why not try to ask the Euros to spend the money for our TV and spend our money where the kids need it? I think it's always a good rule to try and ask other people to pay for something you think is important but don't want to spend your own money on :-D. Herewith are some of those reasons: 1 It is extremely difficult to start a professional league for an established sport, let alone one for a virtually unknown sport.
Which leads to the 2nd point… 2 A professional handball league in the USA would need unprecedented and substantial financial backing. Which leads to the third point… 3 It would take years, more likely decades for investors to see return on their investment. Now if they can just add handball… NCAA recognition?
John, we are not mixing up anything. I know becasue I did it too… Get out there, volunteer your time and see what you can grow. Anyone can do that… Move your asses!!! Broadband TV or not, take what you have the Livesports partnership and make it better. That's the way to rattle them. TV is the longest shot of any development plans out there.
Starting low and building a frame is the wise way to go. I shall make a very simple analogy. When you build a house, any house, do you start with the cable TV wiring? A little offtopic. Yeah, I thought so. And… what about the men? Is there a Title X for them? Back to the drawing board. I keep saying this and I will continue to say it as I do not mind repeating myself. It is not surprising that in the end, we all agree on how to proceed: 1.
BTW, that is what the leper says to the whore…. See, handballers can argue tough and still be friends! Bjoern, LOL… We missed your insight on some of this. How true!!! Great comments everyone! Bogdan, you are not as funny as you think.
I mean, there was some serious talent on show that night and I am proud to say that I chose the winner, the Emmerdale star Kelvin Fletcher early on in the show. Despite a large number of restrictions in place, Strictly Come Dancing is back for In a change to the usual format, the celebs found out their professional partners in a pre-recorded segment.
Jamie Laing has been given a second chance at glory after he had to withdraw last year due to injury. Strictly Come Dancing started on October 24th and will finish with the final on December There was no elimination in the first week as per usual, so the first Sunday results show were on week two. Unfortunately, political commentator Jacqui Smith and her partner Anton DuBeke were the first to leave.
The following week they were joined by Jason Bell as Strictly Come Dancing lost another contestant. Despite their best efforts, Nicola Adams, Max George and Caroline Quentin soon followed and then there were just seven left dancing for the glitter ball trophy! One week later and fans were disappointed when Radio 1 DJ, Clara Amfo, became the next celeb to waltz off the show. JJ Chalmers was next to leave. But more controversy followed as tv presenter Ranvir Singh was eliminated in favour of keeping Jamie Laing, despite him being in more dance-off than any other contestant in the history of the show!
That leaves four dancers heading to the final as Bill Bailey put in another great performance. That was enough to see him move into the betting market as the favourite to win Strictly Come Dancing So who is your fav and can they win this year? So, as I mentioned, I picked the winner last year really early on in the series. I wondered what I would have gotten if I had placed some money on them.
Pretty much all of the online bookmakers offer Strictly to bet on and with viewers close to 12 million it makes sense. But, what is the best betting tactic for betting on Strictly Come Dancing? Well, this may seem obvious but you need to be making your choice early in the competition.
The odds are going to reduce significantly as the field reduces. On top of that, there is always going to be a clear favorite. Then, in the first show, they dance like a pro. It goes without saying that the odds are not going to be amazing — it would be like choosing the favorite horse in a race. However, the favorite does not always win. So, keep your cool and work out who is not quite as obvious but does have the ability, consistency, and is working hard.
The chances are you could pick the winner and get a much better payout by doing this. New customers only. Only deposits made using Cards or Apple Pay will qualify for this promotion. Please bet responsibly.
Click on the different category headings to find out more. You can also change some of your preferences. With a next elimination bet, you can bet as the competition progresses as to who you believe will be the next contestant to leave the show this upcoming Sunday.
Sometimes, the week before, a contestant might get a lifeline or survive by the thinnest of margins so you, as the savvy punter, may have a feeling that they will struggle once again and get voted out. The hugely popular televised dance contest Strictly Come Dancing features celebrities and professional dancers formed into pairs and required to learn before performing a series of ballroom dances.
In the modern TV reboot, a panel of expert judges rule over the dancing pairs before their fate is put in the hands of a public vote. The show began life in , the brainchild of Richard Hopkins and Fenia Vardanis. Once the format had been perfected, the show was first broadcast on 15 May For the first 8 years, the show, on both its Saturday and Sunday runs, was hosted and presented by Sir Bruce Forsyth and Tess Daly together.
But from the eighth season onwards, Forsyth opted to just host the Saturday dances show due to old age. Claudia Winkleman has been his replacement on the Sunday results show. When Forsyth finally stepped down in , Winkleman became the full-time co-presenter with Daly. This team of judges would last until season when Alesha Dixon was brought onboard to replace the outgoing Arlene Phillips. Dixon was to be replaced by Darcey Bussell who was replaced by Motsi Mabuse in BBC Television Centre was the original studio where the show was recorded but, following its closure in , the show was taped at Elstree Studios, save for one episode a season where it broadcasts live from Tower Ballroom in Blackpool.
The winners will walk, or cha cha cha, away with the Glitterball trophy. As we mentioned above, online bookmakers accept many kinds of bets from overall winner, first elimination, to winning gender and many more. So popular has Strictly Come Dancing become for the BBC that the corporation have been able to successfully export the format to more than 60 countries worldwide.
This success has led to the Guinness Book Of World Records declaring the show to be the most successful reality television format in the world. We can certainly confirm the British love it and have made it part of their winter viewing schedules and worth a punt or two. Articles assigned to ThePuntersPage. By ThePuntersPage. Get the widest range of Strictly betting markets at Paddy Power!
ThePuntersPage Final Say. Not available in the UK. The 10 Best Finnish Betting Sites in Dubai World Cup Betting Guide Paddy Power.
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