In the world of gambling, whether it’s spinning the reels at a slot machine or placing wagers on a football match, understanding the mechanics behind your chances of winning is crucial. Two key concepts in this realm are Return to Player (RTP) and bookies’ margins. Both play pivotal roles in shaping the potential outcomes and profitability of bets, yet they operate differently across various forms of betting. This article delves…

In the realms of gambling and sports betting, the concept of a ‘value bet’ is a cornerstone for those looking to not just participate, but to consistently profit over the long term. Unlike a casual bet based on a favourite team or a hunch, a value bet is one where the bettor believes the odds offered by the bookmaker reflect a probability less than the actual chance of the event…

In recent years, the landscape of online gaming, or iGaming, has experienced significant growth globally. Latin America, with its burgeoning digital infrastructure and increasing internet penetration, has become an attractive market for the iGaming industry. Various countries in the region have recognized the potential economic benefits and entertainment value associated with online gaming, leading to the legalization and regulation of iGaming activities. In this article, we will explore the Latin…

The federal decision to prohibit the law against sports betting on a federal level has been an exciting ruling to casino owners everywhere. Those who like to engage in the act of sports betting may be wondering when they can start placing bets. You should be able to bet on the books fairly soon, as long as it is considered a legally professional sport. Over 20 more states have started…

After the Supreme Court made it’s ruling against the prohibition of legalized sports betting, Governor Chris Christie took to Twitter in order to show his appreciation and support of the decision. Many New Jersey residents feel strongly that their state already has had regulations in place in regards to sports betting laws, and that the federal government should not be able to interfere. The NFL hopes to persuade congress to…

A team of researchers at the University of Tokyo have figured out a way to make money legally from online bookies. Their method is fairly straightforward, assuming that bookies themselves are good at setting odds and that the prices they offer are an accurate reflection of the probabilities of a win, draw or loss. They then build a web crawler that gathered odds offered by online betting companies on soccer…

Sports Interaction‘s Al Dannity breaks down Saturday’s College Basketball Final Four betting preview match-ups in the NCAA tournament. The Mid-Majors have been the story of March Madness and that tale will continue on Saturday when Butler (-120) puts a stop to Michigan State’s (+100) own miracle run. All week long the talk has been about how Tom Izzo is now the greatest coach in College Basketball because he has brought…