Bobs Betting Guide 50:50 Bets Should Be Avoided Because They Have No Edge A Balanced Book Is The Ideal For Bookmakers - It Means They Win Whatever Happens A Banker Bet Is A 'Sure Thing' But How Should You Use Bankers In Betting A Lucky 15 Is A Type Of Full Cover Bet That Includes 15 Separate Bets A Responsible Amount To Bet Is What You Can Afford To Lose A White Label Is A Site Where The Operator And Brand Owner Are Different Companies A Win 1-2-3 Bet Offers Lower Odds But Your Horse Can Finish In The Top 3 Ante-Post Betting Is When You Bet A Day Or More In Advance - Rules Can Be Different Any-To-Come, Up & Down And Other Conditional Bets Explained 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 Free Betting Games Really Free? Asking For Your Own Odds When Betting Online Be Aware Of Processing Time / Pending Period When Making A Withdrawal From A Betting Site Becoming an Odds Trader - How Much Do They Earn? Being Your Own Bookmaker And Taking Bets Without A License Best Odds Guaranteed Means If The SP Is Higher Than Your Price Then You Get The Better Odds Bet Builders Allow You To Combine Related Events Together 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 Companies Make Billions Each Year But It Is Mostly The Big 5 Who Rake It In Betting Companies Pay Different Taxes Depending On The Type Of Gambling Betting Companies Spot Potential Gambling Harm By Monitoring Betting Behaviour Betting Concessions Are They Different To Offers Betting Exchanges Can Often Reflect Public Opinion Better Than Official Polls Betting FAQ 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 Instinct Alone? You Might Be Mug Betting? Betting On Something Not To Happen - Like A Horse Not To Win A Race Betting On The Weather Is Common But Why? Betting On Yourself To Do Or Achieve Something Betting Shops Are Not The Easy Target They Once Were For Criminals 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 Big Bets Move Odds Prices Because Bookies Want To Limit Liability 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 Markets To Protect Themselves From Exposure Calculating Bookmakers Odds Margins Can Under 18's Go Into Casinos, Betting Shops Or Bingo Halls If They Don't Gamble? Category B2 and B3 Gaming Machines & FOBTs Are Not All The Same Thing Claiming Multiple Sign Up Offers From A Betting Site Is Classed As Abuse Closed-Loop Payments When Betting Are In Place To Prevent Fraud Companies Can't Place Bets But They Can Trade In Sports Betting Hedge Funds Could A Betting Site Be Powered Totally By AI? Countries Where It Is Illegal To Gamble Courtsiding Is Not Illegal But It Is Frowned Upon Cover Bets Allow You To Get Your Stake Back For Near Misses Dead Heats Are Where Two Or More Selections Can't Be Separated Did You Know Bets Are Contracts That Are Legally Enforceable Did You Know You Can Ask A Bookmaker For A Better Price? Did You Know You Can Use Cash To Bet Online Do Betting Companies Have To Pay Out By Law? Do People Pay Attention To Gambling Warnings? Does Gambling Affect Your Credit Score? Does The Government Control The UK Gambling Commission? Each-Way Bets On Races Where Less Horses Finish Than There Are Places Enhanced Odds From Betting Sites 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 Filling Out A Betting Slip 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 Gambling Fines May Not Be Big Enough Given The Rise In Problem Gambling 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 On Cruise Ships Is Popular But Who Regulates It? Gambling Sites Are Obliged By Law To Perform Source Of Funds & Affordability Checks Gambling Socially With Friends Can Be Both Good And Bad 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 How Do American Odds Work? How Do Decimal Odds Work? How Non-Runners And Rule 4 In Racing Impact Bets I'm Going To China Can I Gamble When I Am There? 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 Are A Problem Gambler You Cannot Get A Refund In Most Cases If You Are Betting Using A VPN It Might Be Against The Rules If You Bet On Something That Turns Out To Be Fixed What Will Happen? If You Can't Bet For Someone Else How Come Betting Syndicates Are Allowed? 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 Placed A Bet Accidentally You Might Be Able To Get A Refund If You Win In Countries That Charge Gambling Tax Sometimes You Can Claim It Back If You've Lost Your Bet Slip You Might Still Be Able To Claim Your Winnings In Most Cases You Can Claim Betting Shop Winnings Online In Some Case A Bookmaker Can Refuse To Pay A Winning Bet Information And Data That Betting Companies Track Inheritance Tax On Gambling Winnings Is A Super Bet Boost Any Different To A Normal Bet Boost? 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 Is Important To Always Check Your Bet Slip It Is Not Allowed For Someone Else To Give You Money To Bet With Unless It Is A Gift 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 Make Sure You Understand What An Asian Handicap Bet Is Before You Place One Matchplay And Strokeplay In Golf - What Is The Difference? 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? My Experience Betting Online As An Ex-Pat In Portugal Non-Residents Can Gamble In the UK But Can't Set Up Online Accounts Novelty And Special Bets Tend To Have Poor Odds And Value Odds Traders Set The Odds But Can They Also Bet? Once You Make A Withdrawal From A Betting Site You Can't Reverse It Anymore Own Goals Count In Correct Score But Not Goalscorer Bets Palpable Errors Are 'Obvious Mistakes' By Bookmakers - But Are They Always So Obvious? 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 Bets Require Several Scenarios To Occur For You To Win Personal Gambling Licences Are Different To Operator Licenses Placing A Bet For Someone Else Is Not Allowed But It Does Happen Placing A Bet Online When On Holiday Abroad Professional Gamblers Rarely Take Risks Providing Proof Of Address To Betting Companies Without Bills In The UK Reasons Why Gambling Licenses Get Suspended Or Revoked Related Contingencies In Betting, What Are They, How Do They Work? Requesting Your Own Bets And Building Your Own Bets: Beware Bad Value 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 Selling Or Transferring A Betting Account Is Not Allowed 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 Spread Betting Is Not Like Normal Betting It Is More Like Trading Stacked Odds - The House Always Wins Stake Factoring - When Betting Sites Limit Your Stakes Taking A Betting Company To Court - Only As A Last Resort The Betfair Starting Price Is Different To The Industry SP The Betting and Gaming Council - The Industry Body For Betting Companies In The UK 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 Differences Between Bookmakers And Betting Exchanges 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 Maximum You Can Bet Varies By Sport or Event 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 Rules Around Betting For People In Jail Or Prison The Starting Price (SP) Is An Industry Agreed Price That A Horse Starts A Race With The Tote Was Once Run By The Government - What Happened To It? The UK Gambling Industry Employs Over 100,000 People The US Fantasy Sports Betting Phenomenon Is Now Popular In The UK The Ways Bookies Spot Suspicious Betting Patterns There Is A Time Limit On Claiming Winning Bets But It Is Usually 12 Months There Is No Need To Submit A Tax Return For Gambling Winnings But You Might Want To Anyway There Is No Tax On Winnings But Point Of Consumption Tax For Gambling Means You Still Pay It There So Many Gambling Companies In Gibraltar Because It Is A Tax Haven Things You Can’t Place Bets On To Claim Large Amounts In Winnings From A Betting Shop You Have To Arrange It In Advance Tools To Limit Yourself From Betting True Odds vs Implied Odds, It Is Important To Know The Difference Types Of Betting Insurance From Bookmakers Unclaimed Bets And Winnings May Be Lost After 180 Days Unexpected Places That Offer Betting & Gambling Using AI To Help You Bet And Gamble Using An eWallet To Gamble Is The Preferred Way For Many Using Cash Out A Lot Could Cost You In The Long Run Using Gambling Winnings As A Source Of Income Using Information The Bookies Don’t Factor In Virtual Sports Are Not Fixed But Are They Fair And Are They Good Value? What Are Wagering Requirements When Betting? What Can You Earn Working in a Betting Shop? What Is Spot-Fixing & What Happens To Bets? What Is The Deal With Placing Bets With Foreign Betting Companies When Abroad? When It Comes To Multiples Should You Place An Acca Or A Full Cover Bet? Where Do Bookies Get Their Information And Data From? Why Do Some People Pay Tax On Spread Betting? Why Don’t All Betting Sites Offer PayPal As A Payment Method? Winning Bets Are Not Always Good Bets & Losing Bets Are Not Always Bad Bets 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 Complain To The UK Gambling Commission But Not About Bet Disputes You Can No Longer Bet Using Credit Cards In The UK You Can't Stop A Betting Company Closing Your Account But You Might Be Able To Avoid It You Do Not Need A Bank Account To Bet Online But It Helps Make It Easier You Do Not Pay Tax On Winning Bets But You Still Pay Gambling Tax Indirectly You Might Lose Your Bonus If You Withdraw From A Betting Site Before Meeting The Criteria You Often Get Quicker Results If You Complain To A Betting Company Via Social Media You Placed A Bet And Didn't Mean To, Can You Cancel It? You Should Not Bet If You Have Inside Information It Could Be Illegal You Should Not Keep Significant Amounts Of Money In A Betting Account You Shouldn't Let Someone Else Use Your Betting Account You Won't Be Punished For Betting With An Unlicensed Betting Site But You Could Lose All Of Your Money
