Betcatcher shows you which bets will pay off for you!
1. Value bets - the silver bullet for betting success
Many people bet on sporting events, but few are successful over the long term. Quite simply, they often lack the right strategy. Someone who consistently puts their money on their own favourite team may increase the thrill of following the game, but in the long run they won’t be doing their bank account any favours. Others people always bet on the favourite, because it has a higher probability of winning, or consistently bet on the underdog, because this is what offers the juiciest profits. This may indeed result in profits at first, but the long term result of such a "strategy" is a sure-fire loss. Also anyone who always bets on the home or away team can kiss goodbye to any sort of secure return.
In principle there is almost only one way to earn money over the long run through betting (if we assume for a moment that you are neither a betting godfather nor a clairvoyant, so that you can always be sure to bet on the winner). Don't worry, we don't want to sell you either a supposedly sure-fire betting system or to advertise a paid seminar or an overpriced book. It is purely and simply to place bets which offer you some form of added value - value bets! Have you never heard of these? With a value bet, you bet on an event the occurrence of which is more likely than is suggested by the betting odds on offer.
This may sound complex, but it's really just simple mathematics and can be illustrated with a straightforward example. Let's say Player A and Player B are opponents in a tennis match. A bookmaker offers odds of 1.70 on a win by Player A. For Player B, however, the odds of a win are 2.15. A renowned tennis expert tells you that player A will win the match 60 percent of the time and Player B only 40 percent of the time. Which player should you bet your money on? Player B? Close but not quite! Player A would be a better bet. The odds given can be used as an easy way to identify the so-called implicit probability. This is done by inverting them. A ratio of 1.70 corresponds to a probability of 1/1.70 = 0.5882 = 58.82 percent, while the odds of 2.15 on the second player give a probability of 1/2.15 = 0.4651, which can be read as 46.51 percent. Thus player A would be a good bet if the likelihood of their victory is more than 58.82 percent. Player B is worth a bet if he wins more than 46.51 percent of the time. The degree of favourability or the value can be determined by the differences between the real probability and the probability as expressed by the betting odds. The result for Player A: 60 percent - 58.82 percent = 1.18 percent. The result for Player B: 40 percent - 46.51 percent = -6.51 percent.
The higher the value, the more advantageous the bet is for you. With a negative value, you lose money in the long term because the occurrence of the event is less likely than the bookmaker's odds imply. It could be that none of the odds offered by a bookmaker may hold any value for you, since the bookmaker also has their living to earn – this is the so-called bookmaker’s margin. There are analogous calculations in other sports where there are only two possible outcomes to any event, for example football matches. Of course, you don’t win every time even when value betting. In the long term, however, you should make a profit. There is still one small catch, but thanks to Betcatcher it won’t cause you any major problems. There is more information on this under point 2.
2. Our approach with Betfair - we are your value bet finder
Hands on hearts, our example has a small flaw, which you may already have noticed. Do you really know a betting professional who can always tell you the correct probabilities for a sporting event with 100 percent accuracy? If you do, you can stop reading now, because you really do not need Betcatcher.
However, very few bettors have such a helpful expert or even have this knowledge themselves. Instead, they evaluate the probability of an event’s occurrence as best as they can, with the help of the data available. In a tennis match for example, the form shown by the two players, their positions in the world rankings, their previous matches and their skills on the respective playing surface all play an important role in determining their chances of victory. Later on, when dealing with games which have many players, this evaluation becomes very complex. For example in the case of football matches, bettors have to evaluate the form of at least 22 players rather than just two. But such appraisals are possible in principle. So in exchange for a little effort, you can reach an approximate evaluation for any given event, the term estimation is often used, and thereby decide whether the odds are good enough. If you do not make a profit with your bets over the long term, then the most likely explanation is that your estimates are inaccurate because you were not able to assess the individual probabilities correctly.
We have some bad news for you, unfortunately we can’t offer you 100 percent accurate estimations for each sporting event thanks to clairvoyant abilities or superhuman sports knowledge. We do, however, have some good news for you – we can offer you something that is almost as good. To determine the probability of a sporting event, we make use of various economic insights, specifically financial market theory. We want to spare you, and ourselves, long-winded explanations and to concentrate on the essentials. Given sufficient liquidity and the absence of obstacles an efficient market always sets correct prices based on the interplay of supply and demand. The financial markets give an example of this in the form of exchanges. Here the prices of the shares always reflect their real value – again based on all available information. Indeed, if the price was too high (or low), an investor who wished to maximize his profits, would sell (or buy) shares. Betting exchanges work in a very similar way. Here, however, the shares represent specific bets and the prices are the current odds. At current time, Betfair is by far the largest and strongest online betting exchange for sports betting. Unfortunately, users from some countries are stopped from placing bets on that exchange. This is however not a problem for you, because our intelligent software scans hundreds of thousands of betting odds from dozens of betting providers and shows you the odds that are better than those on Betfair. Because their rates are always fair (according to the market theory), better odds automatically represent value. Have fun on the winning road!
3. Arbitrage betting and sure bets - more ways for you to win thanks to Betcatcher
You can use the information we provide for even more profitable strategies, such as for so-called arbitrage betting. This is less a case of value betting, but financial market theory still plays a central role. Arbitrage generally refers to taking advantage of different prices for the same goods in different markets. This happens for example when a company's shares are traded on two different exchanges at different prices. In arbitrage betting, bettors take advantage of the different rates available on the same bets at different betting companies. Again we can illustrate this with a very simple example.
In a football match team A and team B are playing against each other. Bookie C expects there to be relatively few goals, so for "over 2.5 goals" - often shortened to "over 2.5" he offers odds of 2.05 and for "under 2.5 goals" (under 2.5) he offers odds of 1.85. At Betfair, the situation looks a bit different. Here you can get odds of 1.80 for "over 2.5 goals" and for "under 2.5 goals" there are odds of 2.10. From this starting point, the smart bettor can construct a so-called sure bet. This works for example by placing a bet each with bookmaker C and Betfair of about €100 for "over 2.5 goals" and "under 2.5 goals". The arbitrage gain results from the difference in value between the bet won and the bet lost. The player will always win one bet and lose the other as there can only be more or less than 2.5 goals in any game. Assuming the game ends 0: 0, the bettor's profit is €10 (= -€100 + €110). If the match ends 3: 3, the gain, however, amounts, to €5 (= +€105 - €100). No matter what the result of the football game, you are guaranteed a win.
Of course, the distribution of stakes can also be varied so that you always earn the same amount. Often the construction of sure bets is more complex, especially when there are more than two possible events, but the principle remains the same. There are numerous reasons for the existence of sure bets. The estimations made by different bookmakers can simply be different. It is also possible that new information is available, say about an injury to a goalkeeper, to some bookies faster than others react to it. Maybe a bookmaker would like to improve the balance of their "betting book"; if a lot of their customers have been betting on event A, they may start to offer attractive rates on event B. Also errors in betting odds creep in repeatedly - even with professional bookmakers. It is only important to understand that it is worthwhile to keep an eye out for sure bets and ways to earn arbitrage. All the necessary information, in the form of different betting odds, is delivered to you by Betcatcher.
4. So you can bet easily and successfully with Betcatcher
All theory is grey. That is why we’ll now briefly explain how you can use Betcatcher to place bets which, quite simply, earn you money. On the home page you’ll find a list of sporting events in which we have found value for you. They are listed in descending order of value. Thus the bets with the highest value for you are always right at the top. In addition, you will have all the relevant information at your fingertips, namely: sport, date, participants, the Betfair odds and of course the name of the bookmaker with the best odds and what the odds are. By clicking on the bookmaker, you will be automatically redirected to their website. Now you just need to place the appropriate bet there.
You don’t have an account with the respective bookmaker? That's not a problem, and may even be an advantage. Numerous renowned bookmakers, such as bet365, bet-at-home.com, Bwin, and Tipico offer attractive promotions to new customers. These range from risk-free bets, called free bets, in which the bookmaker provides the stake, right up to percentage bonuses on your deposit. Do you have better things to do than search the Internet for such services? Then just take a look at our website. Here we have listed the most attractive new customer deals (* verlinkt auf bookies.php) for you. Sometimes betting providers offer bonuses to existing customers as well as to new ones - for example, a reload bonus on your next deposit. In any case, these offers improve your chances of making money. Take a little tip from us and make sure to look at the bookmaker’s terms and conditions. Some bookmakers require you to reach a minimum betting turnover before you can cash out any money won through the use of bonuses. If you are regularly value betting with Betcatcher, you should have no problems with generating sufficient revenue.
Would you like to use our services even more easily? Then you can configure our website just how you like it after you have created a free account (* verlinken). This will take you to a page where you can pick out which betting providers, sports and bet types you would like us to show you. This makes sure that you’re only ever shown the bets that are of interest to you. What does all this cost? Not a penny! To use the Betcatcher service all you have to do is invest a few minutes of your time creating a free account (* verlinken) - perhaps the best investment of your (betting) life.
5. Typical Betcatcher - more bet types for more value-betting options
If you're an old hand at betting or you have read this text carefully, you will know that there are a variety of bet types. Take the example of a football game. Here, of course, you can put your money on a home win, a draw or an away win; professionals refer to these as 1x2 bets. A bookmaker may offer odds on a home or away win only and add the option "Draw No Bet" (DNB); this means that if there is a draw you get your money back. In a so-called "Double Chance" (DC) bet you increase your chances of winning by betting on two events. There are three possibilities. In "1x" you win if the game ends in a home win or a draw. The betting option "2x" pays out if there is an away win or draw. With a "12" bet, you lose only if there is a draw.
In addition, you have the opportunity to place a bet on the number of goals in the game, as you have already read in the paragraph on arbitrage betting. For this purpose, you should indicate whether the number of goals will be over or under a certain threshold. Experts refer to these as over- and under-bets. These "over 2.5" and "under 2.5" bets are most commonly offered with regard to football matches. In major games you can also commonly find "over 0.5", "over 1.5", "over 3.5" and "over 4.5" along with the corresponding bets on fewer goals. Some bookmakers also offer bets in the form of "over 3". This means that you lose the bet if there are fewer than three goals and win if there are more than three strikes. If there are exactly three goals, you get your stake back. Bets like "over 2.25" and "over 2.5" are by no means identical. In "over 2.25" your stake is divided equally between “over 2” and “over 2.5” bets.
Handicap betting is popular, especially when there is a significant difference in the strength of the two participants in a match. Here you can get higher betting odds by granting the opponents a goal margin, such as -2, or you can accept lower betting odds so that the team on which you are betting has a lead, for example, +1. It's important to distinguish between European and Asian Handicaps. With a European Handicap (EH), handicaps only come in whole numbers. If, for example, you bet EH-2 on the home side and the game ends 3: 1 you lose but if you had bet "EH -1" you would have won. If you had bet "EH -3" on the home team, you would have won even if the final result had been 0: 2. By contrast, Asian Handicaps (AH) offer variety because they also allow for intermediate steps, such as AH "-1.5" or "AH +0.5". In addition, there are variations, as we have already shown you with the over- and under-bets, for example "AH +2.75" or "AH -1.25".
In the previously-featured bets, you are linking your stake to the end result of a game. Mostly you place your bet shortly, usually minutes, hours, or at most a few days, before the beginning of each sporting event. For long-term bets, however, the event on which you bet continues into the future. A typical long-term bet would be a pre-season bet on who will be the champions of the Bundesliga or who will be relegated.
Although the above examples have mainly been connected to football, they can be easily transferred to other sports. Thus, there are also over- and under-bets for tennis. It's just the numbers that change, for example, more than three sets or less than nine games per set. The situation is similar in ice hockey, handball, basketball, volleyball and other popular sports. The best part is that Betcatcher covers almost all of these bet types and sports. So go ahead, start winning with value bets and Betcatcher.