Question: How does betting frequency affect long-term profitability?
Research on betting frequency and long-term profitability highlights the interplay between skill, transaction costs, volatility, and wagering…
Question: Can bettors consistently profit from arbitrage opportunities?
Research on sports betting markets presents mixed findings regarding the consistent profitability of arbitrage opportunities. Several studies…
Question: Are betting systems based on doubling stakes (e.g., Martingale) viable?
Betting systems based on doubling stakes, such as the Martingale system, are fundamentally flawed in the long term despite their superficial…
Question: Do underdogs offer better long-term value than favorites?
Research on underdogs and favorites in betting markets presents a complex and often contradictory picture, with evidence supporting both the…
Question: How does the “gambler’s fallacy” affect betting decisions?
The gambler’s fallacy, a common cognitive bias, refers to the erroneous belief that past random events influence future outcomes. This…
Question: Can historical betting data predict future market inefficiencies?
Research on betting market efficiency has produced conflicting findings, with some studies identifying persistent inefficiencies and…
Question: How do closing line odds reflect market efficiency?
Some research shows that betting markets don’t always work perfectly, while other studies suggest they are usually efficient. For example, in…
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: What role does racecourse type play in predicting winners?
Research on racecourse types and predicting winners in horse racing highlights several important factors that influence race outcomes and…
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…