Question: Are there specific sports where bettors can achieve higher ROI?
Some people wonder if certain sports make it easier to earn higher returns on bets, but research has mixed answers. Some studies show that…
Question: Is it possible to profit from betting on underdogs in horse racing?
Research on horse racing betting markets has revealed a persistent favorite-longshot bias, where favorites are underbet and longshots are…
Question: How do Kelly Criterion-based strategies compare to flat betting?
Research comparing Kelly Criterion-based strategies to flat betting highlights key differences in risk, return, and long-term performance. The…
Question: Are greyhound racing odds more or less efficient than horse racing?
Research on betting market efficiency in horse and greyhound racing has produced mixed findings, with some studies identifying inefficiencies…
Question: Is it true that betting on the favorite always leads to losses?
The favorite-longshot bias in sports betting, where bettors overbet longshots and underbet favorites, has been widely examined across various…
Question: How do bettors calculate their edge in betting markets?
Bettors assess their edge in betting markets by applying financial and statistical techniques to identify profitable opportunities. Markowitz…