Betminds is pleased to introduce our brand new value odds alert service, our very own squawk that we like to call SquawkMinds. What's a Squawk? So you might be thinking what the heck is a Squawk? It has its origins in the financial markets, a method of communication used by analysts and traders to talk directly and in real time with brok…BetMinds
The BetMinds series on the maths and psychology of betting, and how you can become a smarter gambler. Have something you want us to talk about? Just ask!
Caan Berry Never seen Betfair trading explained in simple terms? The thought of ‘trading’ often scares your average punter. But it’s not just for those with computer science degrees, 6 fingers and pointy heads that still live with their mum. More and more punters are turning to trading the exchanges, why? Because betting becomes more eff…BetMinds
LESSON 3 – BEHAVIOURAL BIASES The final topic I’ll discuss is related to psychology, and this is probably the hardest aspect to master. In reality, it is far easier to digest the various economic theories and master the mathematics than it is to actually recognize and change your own behaviours. Fundamentally, humans are quite irrational…Montgomery
After last weeks discussion on portfolio theory, this week i'm going to talk about value, so lets begin LESSON 2 – VALUE No matter how you decide to structure your portfolio, when selecting individual positions, you should always consider what something is worth versus what you pay for it. To quote Warren Buffett, “Price is what you pay;…Montgomery
So just what is the difference between gambling and investing, is it really so easy to split the two activities apart? The Dictionary.com web site says: Gamble: "To bet on an uncertain outcome, as of a contest. To take a risk in the hope of gaining an advantage or a benefit." Invest: "To commit money or capital in order to gain a…Montgomery
"Gambling, the sure way of getting nothing for something" Of course this old adage is very often true, it is not always. Plenty of people manage to make money through sports betting and the ones that do all have some qualities in common So what are these qualities? 1) Money Management First and foremost, they have good money management .…BetMinds
Money management, or bankroll management, is one of the key skills required to be successful at sports betting. Despite this fact there are many aspiring bettors that don’t even understand the importance of good bankroll management, let alone how to do it properly. Of course spotting value is essential to turning a profit but without mon…BetMinds