Fixed odds financial betting strategies for texas

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Now that we are seeing a good number of regular traders on CityOdds, it is becoming apparent there are distinct categories of trader. The Long Risk Trader The trader tends to seek high payout, less frequent transactions. These traders tend to trade in and out of positions to try and capture shorter term movements in the underlying market.

The Short Risk Trader These traders tend to regularly place trades that are very likely to make a profit but this profit would be small. These traders tend to make money on a regular basis but occasionally lose a great deal if the underlying market suddenly moves in one direction or another. The Reactionary trader Traders may purchase low cost, speculative trades either side of the current market level and should the underlying suddenly jump in one direction or another, the trader sells the winning trade for a profit, and closes the losing trade hopefully for less loss than the profit on the winning trade.

It hasn't taken long for CityOdds to see these trends emerging and it is still not clear if any of these three strategies is the better in the long run. The content of this site is copyright Financial Spread Betting Ltd. In between those two figures you will see the moneyline. What does this mean? When you are betting on the moneyline, you are betting on a team winning a game outright.

The odds attached to each team indicate their likelihood of actually winning the game. The Patriots are favored in the previous example, so they have the more favorable moneyline odds. You do not need a point spread in order to tell which team is favored. It is possible for both teams to have a negative symbol next to them. This means neither team is heavily favored, but more often than not one team will have slightly better odds. Still, you are obviously betting on which team you think will win if you are putting money on the moneyline.

If you see a moneyline of , it is the equivalent of 1-to-4 odds. With a spread bet, you are largely gambling on margin of victory for one team. If you think a favored team has an excellent chance of winning a game by a certain amount or more, you place that bet. On the flip side, if you think an underdog has a good shot at winning or at least keeping it close, you can take that chance.

With fixed odds, nothing about the final score matters except for which team winds up winning. The odds are on nothing except for the outcome of the game. If you place a bet on them winning and they win, then you win, as well.

What is an advantage? You determine how much you want to bet, and you know that if you pick the correct outcome, you will win some cash regardless of point differential. Unless you happen to place a bet on a sport that can see a tied result like soccer , you are also assured of an outcome. Either you win or you lose, there is no in-between. Is betting on the underdog wise on the moneyline? Taking the underdog on a moneyline bet will always be the more appealing option from a financial perspective.

Upsets happen all the time in sports, and obviously the payout is far greater if you pick the underdog and win than if you pick the favorite and win. Clearly, you need to pick your spots here.