Best Betting Pages

Some of the best online betting sites in Europe are now operating in the US. Is online sports betting legal in Canada? Canada lotteries offer parlay cards on a variety of sports, including football, basketball, baseball and hockey. There is a push to expand betting to straight wagers. Online betting sites operate in a legal gray area. Well, you make it harder for them to be the top 10. We introduced new measures to get the top 10 betting sites sorted. These new measures included our data points from the previous pages. We even used the betting tips page to make sure that the top 10 betting sites would be the best of the best.

A betting strategy (also known as betting system) is a structured approach to gambling, in the attempt to produce a profit. To be successful, the system must change the house edge into a player advantage — which is impossible for pure games of probability with fixed odds, akin to a perpetual motion machine.^[1] Betting systems are often predicated on statistical analysis.

Mathematically, no betting system can alter long-term expected results in a game with random, independent trials, although they can make for higher odds of short-term winning at the cost of increased risk, and are an enjoyable gambling experience for some people. Strategies which take into account the changing odds that exist in some games (e.g. card counting and handicapping), can alter long-term results.^[1]^[2]^[3]

This is formally stated by game theorist Richard Arnold Epstein in The Theory of Gambling and Statistical Logic as:

Theorem 1: If a gambler risks a finite capital over many plays in a game with constant single-trial probability of winning, losing, and tying, then any and all betting systems lead ultimately to the same value of mathematical expectation of gain per unit amount wagered.^[1]

Examples[edit]

Common betting systems include:

Card games – Card counting
Roulette – Martingale
Sports – Handicapping

Horse racing[edit]

Some Horse racing betting systems can be based on pure statistical analysis of the odds, while others also analysis of physical factors (e.g. the horses' form, jockey form and lane draw). Common forms of betting systems for horse racing are:

hedging- betting on multiple outcomes in a race
arbitrage- lay the horse a low price and back it at a high price

References[edit]