Bobs Betting Guide 50:50 Bets Should Be Avoided Because They Have No Edge Ante-Post Betting Is When You Bet A Day Or More In Advance - Rules Can Be Different Arbing In Betting Is Taking Advantage Of Odds Differences To Guarantee A Return Are ‘Money Back If You Lose’ Betting Offers Too Good To Be True? Are Bets Legally Binding? Yes, They Are Contracts That Are Enforceable Asian Handicap Bet: Make Sure You Understand What They Are Before You Place One Asking For Your Own Odds When Betting Online Balanced Book In Betting: Ideal For Bookmakers - It Means They Win Whatever Happens Banker Bet: A 'Sure Thing' But How Should You Use Bankers In Betting Becoming an Odds Trader - How Much Do They Earn? Being Your Own Bookmaker And Taking Bets Without A License Best Odds Guaranteed - If The SP Is Higher Than Your Price Then You Get The Better Odds Bet Builder: Combine Contingent Outcomes Together Bet Requests and Bet Builders: Beware Bad Value Betfair Premium Charge For Punters Who Win A Lot On The Exchange Bets Are Made Void For All Sorts Of Reasons Betting Accounts Become Dormant After 12 Months Of Inactivity Betting and Gaming Council - Industry Body For Betting Companies In The UK Betting Companies Pay Different Taxes Depending On The Type Of Gambling Betting Companies Spot Potential Gambling Harm By Monitoring Betting Behaviour Betting Concessions Are Different To Offers Betting Exchanges Are Different To Bookmakers Betting Exchanges Can Often Reflect Public Opinion Better Than Official Polls Betting FAQ Betting Margins: Calculating Bookmakers Odds Betting Offers Are Often Limited For eWallet Deposits Like Skrill & NeTeller Betting On Amateur Leagues And Sports Is Difficult Due To Risks Of Fixing Betting On Something Not To Happen - Like A Horse Not To Win A Race Betting On Yourself To Do Or Achieve Something Betting Shop Jobs - What Can You Earn? Betting Shops Are Not The Easy Target They Once Were For Criminals Betting Shops Have Maximum Payouts - To Claim Large Amounts You Have To Arrange It In Advance Betting Shops Have Worse Odds Because Of Overheads Betting Sites Are Not Banks And So Funds In Betting Accounts Are Not Protected By Law Betting Sites Can Get Hacked But Most Are Very Secure Betting Sites For Ex-Pats and Brits Abroad Betting Sites Limit Accounts By IP Address Or Household To Prevent Bonus Abuse Betting Sites Track I.P. Addresses To Prevent Fraud And Bonus Abuse Betting Syndicate Rules - If You Can't Bet For Someone Else How Come Syndicates Are Allowed? Betting With An Unlicensed Site: You Won't Be Punished For But You Could Lose All Of Your Money Big Bets Move Odds Prices Because Bookies Want To Limit Liability Bookies Refuse To Pay Out - When A Bookmaker Can Refuse To Pay A Winning Bet Bookies Sometimes Pay Out Early As A Marketing Stunt Bookmakers Do Collude Especially Ones Owned By The Same Company Bookmakers Often Know If You Are Arbing By How You Bet And What You Bet On Bookmakers Owned By The Same Company Bookmakers Suspend Betting Odds To Protect Themselves From Exposure Buying Betting Accounts - Selling Or Transferring An Account Is Not Allowed Can Under 18's Go Into Casinos, Betting Shops Or Bingo Halls If They Don't Gamble? Can You Cancel A Bet You Didn't Mean To Place? Cash Betting Online: You Can Use Cash To Bet Online Cashing Out A Bonus - You Might Lose Your Bonus If You Withdraw Before Meeting The Criteria Category B2 and B3 Gaming Machines & FOBTs Are Not All The Same Thing Check Your Bet Slip It Is Important Claiming Multiple Sign Up Offers From A Betting Site Is Classed As Abuse Closed-Loop Payments When Betting Are In Place To Prevent Fraud Collecting Winning From Betting Shops Online Companies Can't Place Bets But They Can Trade In Sports Betting Hedge Funds Conditional Bets Explained - Any-To-Come, Up & Down And Others Could A Betting Site Be Powered Totally By AI? Countries Where Gambling Is Illegal Courtsiding Is Not Illegal But It Is Frowned Upon Cover Bet In Horse Racing: Get Your Stake Back For Near Misses Credit Card Betting - You Can No Longer Use Them To Bet In The UK Cruise Ship Gambling Laws - Popular But Who Regulates It? Dead Heat Rules In Betting - Where Two Or More Selections Can't Be Separated Did You Know You Can Ask A Bookmaker For A Better Price? Do Betting Companies Have To Pay Out By Law? Do Own Goals Count Goalscorer Bets? No, But They Do For Correct Score Bets Do People Pay Attention To Gambling Warnings? Do You Need A Bank Account To Bet Online? No, But It Helps Make It Easier Does Gambling Affect Your Credit Score? Does The Government Control The UK Gambling Commission? Each-Way Bets On Horse Races Where Less Finish Than There Are Places Enhanced Odds - Can Be Good Value But Can Also Make You Bet More eWallets Offer The Fastest Withdrawal Options When Betting Online Exchange Odds Are Generally Better Than Fixed Odds Extra-Time Is Not Included For Most Goalscorer Bets Fantasy Sports Betting: The US Phenomenon Now Popular In The UK Finding Weak Odds Lines Can Provide Value For Most People Zero Would Be A Good Return To Expect From Gambling Forecast, Reverse Forecast & Tricast Bets Explained Foursomes, Threeballs And Fourballs In Golf Explained Free Betting Games - Are They Really Free? Gambling Companies In Gibraltar - There Are So Many Because It Is A Tax Haven Gambling Fines May Not Be Big Enough Given The Rise In Problem Gambling Gambling In Prison - Rules Around Betting For People In Jail Gambling Industry Offers High Salaries Without Qualifications Gambling Is A Normal Thing To Dom But Modern Gambling Is Not Normal Gambling Is Used In Many Different Ways To Launder Money Gambling Socially With Friends Can Be Both Good And Bad Gambling Source Of Funds & Affordability Checks - Sites Are Obliged By Law To Perform Them Gambling With Someone Else's Money - Not Allowed Unless It Is A Gift GDPR Rules For Betting Companies Gifting Gambling Winnings To Charity Is Allowed And Straightforward Giving Gambling Winnings Away Is Allowed But It May Be Taxed Gubbing Is When A Bookie Limits You For Winning - Why Do Bookies Gub? Handicap Bets - What Are They And When To Place Them Holiday Bets: Placing A Bet When Abroad How Do American Odds Work? How Do Decimal Odds Work? How Much Do Betting Companies Make? Billions Each Year But It Is Mostly The Big 5 Who Rake It In How Much Should You Bet - A Responsible Amount Is What You Can Afford To Lose How To Fill Out A Betting Slip ID You Can Use With A Betting Site If You Don’t Have A Passport Or Driving Licence If A Free Bet Is Voided You May Not Get The Free Bet Stake Returned If Gambling Companies Always Win Why Do Their Shares Not Always Go Up? If I Want To Exclude Myself From Just Sports or Casino Betting Is That Possible? If Someone Gets Into Your Betting Account Contact The Brand Immediately If You Bet On Something That Turns Out To Be Fixed What Will Happen? If You Deposit To A Betting Site And Try To Withdraw Without Betting You May Be Charged If You Feel A Bet Has Not Been Settled Fairly Consider Making A Complaint Through IBAS If You Have Been Banned From A Betting Shop Can You Use Their Betting Site? If You Have Been Restricted By A Betting Site Can You Still Use Their Shops? If You Win In Countries That Charge Gambling Tax Sometimes You Can Claim It Back Information And Data That Betting Companies Track Inheritance Tax On Gambling Winnings Insider Betting Illegal - You Should Not Bet If You Have Inside Information Is Gambling Legal In China? It Depends Where You Are Going Is It Fair That People Are Banned From Betting Sites Just For Winning? Is It Possible To Bet And Cash Out On Live Horse Races? Is The Only Purpose Of Gambling To Win Money? It Is A Legal Requirement To Verify Your Identity In Order To Bet and Gamble It Looks Like Some Betting Companies Have Become Too Big To Fail It's Your Money So Why Are Maximum Withdrawal Limits Allowed? Liquidity In Betting Exchanges Is The Amount Of Money That Can Be Matched In The Market Loss Aversion Can Be Both Good And Bad When Betting Lost Betting Slip? You Might Still Be Able To Claim Your Winnings Lucky 15 - Full Cover Bet That Includes 15 Separate Bets Maximum Bets Vary By Sport or Event Minimum & Maximum Deposits Vary By Payment Method Due To Fees And Risk Money From UK Gambling Commission Fines Is Used For Socially Responsible Causes Most People Gamble On Their Own But Is It A Good Idea? Mug Betting - If You Bet On Instinct Alone You Might Be A Mug Bettor My Experience Betting Online As An Ex-Pat In Portugal Non-Residents Can Gamble In the UK But Can't Set Up Online Accounts Non-Runners And Rule 4 In Horse Racing And The Impact On Bets Novelty And Special Bets Tend To Have Poor Odds And Value Once You Make A Withdrawal From A Betting Site You Can't Reverse It Anymore Palpable Error: An 'Obvious Mistake' By Bookmakers - But Are They Always So Obvious? PayPal Bookies: Not All Betting Sites Offer It As A Payment Method People Have Over Three Betting Accounts On Average People Who Bet Tiny Amounts - The Process Of Betting Is More Important Than What They Can Win Perm Bet: Wager Requiring Several Scenarios To Occur For You To Win Personal Gambling Licences Are Different To Operator Licenses Placed A Bet By Accident? You Might Be Able To Get A Refund Places Where People Go To Gamble: Unexpected Places That Offer Betting & Gambling Point Of Consumption Tax For Gambling - No Tax On Winnings But You Are Still Paying Indirectly Problem Gamblers Cannot Get A Refund In Most Cases Professional Gamblers Rarely Take Risks Proof Of Address For Betting In The UK Proxy Betting: Placing A Bet For Someone Else Is Not Allowed But It Does Happen Reasons Why Gambling Licenses Get Suspended Or Revoked Related Contingencies In Betting, What Are They, How Do They Work? Researching Your Bets Is The Best Edge You Can Find Restricted WiFi When Betting At Racecourses, Football & Other Events Retail Voucher And Gift Card Withdrawals From Betting Sites Selling Bets Is Not Normally Allowed As It Is A Contract Between You And The Bookie Single and Multi-Wallet Betting - What Is The Difference? Some Betting Companies Share Information But Is That Allowed? Some Betting Sites Perform Soft Credit Checks As A Means To ID You Some Governments Run Their Own Bookies And Casinos SP In Horse Racing: Starting Price Is An Industry Agreed Price That A Horse Starts A Race With Spread Betting Is Not Like Normal Betting It Is More Like Trading Spread Betting Tax - Some People Pay Tax Stacked Odds - The House Always Wins Stake Factoring - When Betting Sites Limit Your Stakes Strokeplay vs Matchplay In Golf - What Is The Difference? Super Boost Bets: Are They Any Different To A Normal Bet Boost? Taking A Betting Company To Court - Only As A Last Resort Tax On Betting UK: You Do Not Pay Tax On Winning Bets But You Still Pay Gambling Tax Indirectly The Betfair Starting Price Is Different To The Industry SP The Biggest Employers In The Gambling Industry The Bookmakers Always Win So Why Do So Many Go Bust? The Deposit Protection Scheme and What Does It Mean For Player Funds If A Gambling Company Goes Bust The Difference Between Betting Limits, Payout Limits and Withdrawal Limits The Importance Of Reading Betting Site Terms And Conditions The International Betting Integrity Association (IBIA) Ensures Honesty In The Industry The Legalities Of The Informal Handshake Bet The Maximum Amount That You Can Deposit & Withdraw Varies By Betting Company & Payment Method The Minimum Amount That You Can Deposit & Withdraw Varies Depending On The Site & Payment Method The Minimum You Can Bet Depends On The Brand You Wager With The Reason Betting Exchanges Don't Limit Or Ban Players Like Betting Sites Do The Reasons Why Betting Accounts Get Limited The Tote - Once Run By The Government But What Happened To It? The UK Gambling Industry Employs Over 100,000 People The Ways Bookies Spot Suspicious Betting Patterns There Is No Need To Submit A Tax Return For Gambling Winnings But You Might Want To Anyway Things You Can’t Bet On Time Limit To Claim Winning Bets - It Is Usually 12 Months Tools To Limit Yourself From Betting True Odds vs Implied Odds, It Is Important To Know The Difference Types Of Betting Insurance From Bookmakers UK Gambling Commission Complaints - You Can Complain But Not About Bet Disputes Unclaimed Bets And Winnings May Be Lost After 180 Days Using AI To Help You Bet And Gamble Using An eWallet To Gamble Is The Preferred Way For Many Using Gambling Winnings As A Source Of Income Using Information The Bookies Don’t Factor In Virtual Sports Are Not Fixed But They Are Not Good Value VPN Betting - It Might Be Against The Rules What Are Odds Traders and Can They Bet? What Are Wagering Requirements When Betting? What Is The Deal With Placing Bets With Foreign Betting Companies When Abroad? What Spot-Fixing Means & What Happens To Bets? When It Comes To Multiples Should You Place An Acca Or A Full Cover Bet? When Should You Cash Out A Bet - Using It A Lot Could Cost You In The Long Run Where Do Bookies Get Their Information And Data From? White Label Betting Site - The Operator And Brand Owner Are Different Companies Why People Bet On The Weather Win 1-2-3 Bet - Lower Odds But Your Horse Can Finish In The Top 3 Winning Bets Are Not Always Good Bets & Losing Bets Are Not Always Bad Bets Withdrawal Pending? Be Aware Of Processing Times And Pending Periods When Betting Online Withdrawing From A Betting Site If Your Card Expires Or Changes Working In A Betting Shop - More Than Just Taking Bets You Can Bet Without ID But Make Sure It Is Legal You Can't Stop A Betting Company Closing Your Account But You Might Be Able To Avoid It You Often Get Quicker Results If You Complain To A Betting Company Via Social Media You Should Not Keep Significant Amounts Of Money In A Betting Account You Shouldn't Let Someone Else Use Your Betting Account
