Question: Is live betting profitable, and what strategies work best?
Research on sports betting profitability and strategies has produced mixed results. Some studies suggest that market inefficiencies exist,…
Question: Why do bettors overestimate the chances of favorites winning?
The favorite-longshot bias is a well-documented trend in sports betting, where bettors tend to place too much money on underdogs while not…
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…