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If you're looking for information about betting on the markets, you'll need to be aware of these factors. When you're betting on the markets, you should look at the market's betting rates, which is a measure of the amount of money a bettor is likely to get from a particular sport.
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Only in the case of a draw at such a rate, you will be defeated. But not everything is so rosy for fans of double outcomes.
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If you're betting with your heart, you aren't taking into consideration expected value. The "good 'ole days" of a lone bookmaker and a chalkboard a la Casino were long ago replaced by supercomputers and statisticians, but the hype (and handle) surrounding popular sports all but forces books to make sure lines for their most bet-upon games are making them money.
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A typical bettor thinks the Lions will win, so they wager on Detroit. A +EV bettor only bets on those which they think there is a value.
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In this section, I briefly touch on pair splitting. There are several variations to the strategy based on how many decks are in play.
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