Rational Choice Theory (And How This Ties Into Sports Betting) In this blog, we are trying something new, and focusing more on a theory rather than focusing on how to make profits and become a better bettor. The rational choice theory is a well-known principle in economics, but today, we will be applying this theory…
10 Steps To Improve Your Sports Betting This blog will be focusing on some simple steps that can help you significantly in becoming a more profitable sports bettor. Read through our steps, see which ones you already follow, and see whether there are a few steps which you have not considered just yet. Consider the less…
CS:GO Betting Options: What Markets Can I Bet On? With all these betting options, If you are new to CS:GO betting or even esports, in general, it can be quite a daunting task knowing which markets are optimal to bet on or even where you can bet on esports. In this post, we will be…
Calculating Sports Betting Margins Before we dive into this blog post, let’s start with a brief summary of what margins are in sports betting. Margins are basically how bookmakers make a profit. They do this by accepting bets on a given market, and adjusting the odds to attract bets in the right proportion. This allows…
What is value betting? A successful sports bettor know how to obtain the good value on every bet they place. The value in this sense means getting better than the ‘true’ odds on a bet. For instance, a value betting situation is one where the odds from a bookmaker reflect a probability that is less…
Why parlay bets are a bad idea if you want to make money Like many others, you may have heard various rags to riches stories involving parlay bets, where a single $1 bet could return several thousand dollars. These multi bets are also referred to as accumulators or parlays, and those rags to riches stories…
How To Bet On eSports: A Comprehensive Guide This guide from the Sportflare team aims to give beginners a comprehensive guide into how to get started with betting on sports, in particular, eSports. We will cover everything from the history of eSports, to choosing the right site to bet on. We hope you find this…
Hedge betting 101: What is hedge betting? How does it differ from arbitrage betting? In sports betting, you may have come across the terms arbitrage betting and hedge betting numerous times. While you may think that they are similar strategies, they actually differ quite significantly upon closer inspection. The main point of difference between the…
How to get through losing streaks In betting, losing is something that is unavoidable. Even the best professional bettors will lose, and there will also be long streaks of losses that seemingly never end no matter what. However, this is not all bad. You need to understand that these losses will happen, and build yourself…
Calculating Expected Value In Sports Betting Our last blog post covered what margins are, and how to get the best out of your bets by comparing margins between sports betting sites. This post will discuss what ‘expected value’ is, and how to calculate it. Firstly, what is expected value? Expected value shows bettors how much…