Category: Betting Theory

Bookmaker Margin / Vigorish Calculator

Posted on September 21, 2021 by | 0 Comments
A Bookmaker Margin / Vigorish Calculator has been added to the Online Calculators area of the Tools section. The tool calculates the bookmaker margin (overround) and vigorish (vig) for a set of entered odds. Arbitrage opportunities are highlighted if they…
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Arbitrage Using Boosted Odds Promotions

Posted on March 25, 2016 by | 0 Comments
With so many bookmakers offering boosted odds, particularly for the AFL and NRL, it’s worth going over the arbitrage opportunities that these promotions create. This article illustrates how to make biased and unbiased arbitrage plays using boosted odds promotions. Examples…
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Posted on January 21, 2015 by | 0 Comments
When developing a betting model it is important to properly measure its performance. Having a formal measure of performance is important because it provides a benchmark with which to test alternative models. Obviously, when using a model for betting a…
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Posted on December 22, 2014 by | 0 Comments
When developing a betting model it is important to properly measure its performance. Having a formal measure of performance is important because it provides a benchmark with which to test alternative models. Obviously, when using a model for betting a…
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