Merlehan betting calculator

Items that appear automatically on the desktop version, primarily the left column, are found in a drop-down menu accessed in the top left corner. We cannot say anything negative with regard to the operating system dependent apps, either, but we freely disclose that when we want to research markets and odds, we insist on big, high-definition screens. We would bet with the mobile version, for example, in instances where we wanted to ensure our horse was not scratched, but we were not able to be in front of our main screens when it came time to get a punt on.

TopSport Odds and Markets Over the years, we have seldom seen a huge disparity in the prices quotes from one online bookie to the next, but we enjoy looking just the same. Since we already had the NRL fixture open, we used it for our brief, unscientific odds comparison. We have come to expect nearly identical prices and this time was no exception.

We used Sportsbet and Neds for comparison purposes and saw only pennies separating all three bookies for all the favourites and the unders. The lines were absolutely identical for all three bookmakers. While we are the conservative sorts who seldom dig into a fixture beyond the head-to-head or the lines, or in the case of Thoroughbred racing, the top four, we were shocked to learn that beyond H2H and line betting, TopSport either did not have additional markets, or they had hidden them so well that we gave up before we could locate any additional markets.

This gave us the chance to compare prices and as we expected, the differences in quotes were a matter of pennies. We have to give TopSport the benefit of the doubt. They may add additional footy markets closer to the games, but punters who want any of those prop bets could already have them on with other bookies.

The entire area of additional markets now had our full attention, so we switched to a soccer fixture and found TopSport offering 40 — 50 extra markets for one of the major codes. That same code found Sportsbet offering well beyond markets per match. Neds were closer to additional markets. TopSport Promotions Everyone loves a special, a deal, something fresh and new, so bookies are keen about rolling out various promotions to keep clients returning to the website and to keep them there.

We personally know punters who will devote chunks of time looking for the best promotions. For example, when it is Melbourne Cup time, one punter of our casual acquaintance will check multiple bookie websites multiple times for Melbourne Cup promotions. Our conclusion is that TopSport is competitive for promotions. Some bookies have more, some have fewer, but much of what we find when we research this aspect of online bookies is dependent on when the website is accessed.

TopSport Bet Types Racing punters appreciate many possible choices of bet types, as this makes the difficult nature of race betting easier to manage. With the depth of racing experience TopSport brings to the arena, their offerings for bet types were in line with the industry. Not every bet type is available for every race, of course, and the same can be said of every bookie.

In short, with their racing background, TopSport has everything a racing punter could desire. TopSport will accept multi bets for both racing and sports, with the maximum capped at 10 legs. Punters are permitted to combine racing and sports markets in the same multi bet. There may be more, there may be fewer at any given time, but for anyone who chooses to participate in live betting, checking in to determine what is on offer is a part of the regular routine.

TopSport Banking TopSport accepts credit cards. They are one of the few we have seen that still discloses that they will take personal, company and bank cheques, when even dinosaurs such as ourselves have been years without writing a paper cheque. Punters can also instruct their banks to send funds to TopSport via funds transfer. We would have liked to see PayPal in the list, but that is just us. For withdrawing winnings, clients must withdraw an amount equal to their deposits if using a credit card.

After that benchmark is obtained, it is possible to instruct TopSport to deposit to a bank account. TopSport offers internet bank transfers for when speed is desired. The only lack we noticed here was no option for a branded TopSport Card, such as those available from Sportsbet, Ladbrokes and others.

TopSport Customer Support There is no chat feature, which is either a blessing or a curse, depending on your viewpoint. Blessing when it is possible to get a quick answer to a query in time to get a wager on. Curse when it is not possible. There are certain circumstances which determine how you handle a particular book or a particular bet. And to have that collaborative approach where people can talk or where they can assist you is very important. The way bookmakers set their odds might be the least understood variable looking from the outside in, whether it be in-house analysis, copying the intel of bigger bookies or a hybrid.

How does TopSport navigate setting odds? So it depends on the event, we look at whoever is the strongest in the market on a particular sport. Then we have models that price up the derivative markets, so we look at who we would consider to be the market leader on the key sports and use them to derive the initial base markets.

All we are trying to do as a bookmaker is use all the resources we have, both internal and external, to find that true price of the market. Bookie Ethics: Welcoming Winners Here we are, the reason I was so drawn to TopSport to begin with, and why it has become my most highly regarded Bookmaker.

And I think that comes from operating on-course, where you have to look someone in the eye and give them an answer. Tristan on how he instills the same ethics in the TopSport staff: We set an environment of everyone working together in one place with the same goal. And obviously, as weird as it sounds, the best outcome for the team is the best outcome for the punters, because we thrive on being fair to everyone.

Whereas at our end, every decision we make, we have to be able to justify it to the customer if they ring up. Taking the ethical route is harder, I asked Tristan what some of the challenges are: Yeah, for sure, we could easily heavily restrict customers or switch peoples accounts off or only operate with strict bet limits.

No question we would make more margin doing it that way. Now, there were some really minor figures bandied around a while back, which were completely false. The fees are so extreme right now, to put it in perspective, last year we had our highest ever gross revenue year in our history, yet we had a losing net profit year, like, we lost money despite having the biggest ever gross revenue year because the fees were astronomical.

And this was before we spent a cent on advertising. So in my mind, there needs to be an encouragement for bookmakers to operate in a more fair fashion and that starts at the top. If we changed our model substantially, we probably would have run at a much bigger margin. I think their model is brilliant, you know, they do have the luxury of not having to pay these high taxes.

So they can offer these really fine margins. Then the sporting bodies get nothing out of it. The Betting Industry If you could change anything about the betting industry in Australia, what would it be and why? Like mandating higher limits or allowing winning punters to have a bet. We need to find that middle ground. If you change that, adjust the taxes to a fair rate and come to a deal with bookmakers; you will fix a lot of the issues that have arrived over the last five years.

Gambling addiction is a topic that often raises more questions than answers. Do you think bookies and government bodies have a responsibility to protect problem gamblers from themselves? Like I said, I love the game.

I love being a bookie. And the last thing I ever want to see is people really hurt negatively on the back of what we do. Unfortunately, there are people that have issues with the punt, and we want to avoid facilitating that as much as we can.

Using those kind of frameworks to limit the damage will be a big plus.

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However, you might have a change of heart after reviewing their recent past performances. If you feel they have a Are EV betting calculators useful? It is for this reason that EV betting calculators are an extremely useful tool. It is possible, with the use of an EV betting calculator, to actually assess what the implied probability of an outcome is in the form of a percentage as proven in our example above. Having a tangible percentage number relevant to the implied probability provides you with a much better reference point.

It becomes that much easier then assessing which odds have been priced to the nth degree and which odds offer you the chance to capitalize on. If your own expected value is more than what the implied probability is of a bet, then you have identified a value bet. Now that you are equipped with this knowledge, we have included several tips for your convenience. The longer you wait to bet on odds, the less likely it is that you will find value bets.

Odds that have been posted for the first time are more likely to be less accurate. Remain objective: One of the main things you need to keep in mind is that using a betting technique such as this requires you to be impartial.

This will enable you to find actual betting opportunities which possess tangible value to you. Scour niche markets: As you would expect, a lot of attention is given to pricing odds for the biggest games of the year. You are far less likely to find outright value bets when betting on the Super Bowl. However, less popular sports, and games throughout the regular season, are more likely to offer some fantastic betting opportunities. Implied odds and true odds are important in determining if you are making a bet that has good value.

You can use our odds calculator above to calculate the implied odds of a given bet as long as you know the odds of the bet. Implied odds are the conversion of a sportsbooks offered odds into an implied win probability. A spread bet in football is normally offered at on both sides of the bet.

This gives both outcomes a win probability of The implied probability of this spread bet winning would be Let's use the above bet of for both outcomes on a NFL spread bet. We know that both outcomes have an implied probability of If that same outcome has a true probability of This seems easy, but how do you find true odds? Essentially, true odds are subjective. However, one person can calculate true probability by using predictive models.

This is where handicapping comes into play. Example Game: Tennessee Titans vs. Bills game at even odds. By using our odds calculator, you can calculate the implied probability of either team winning. Since the same odds are offered for the Bills to win, the implied probability for the Bills to win are

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