Strategies

Favourite and Longshot Bias

In his latest education piece for The Hub, pro punter Jack Houghton explores the theory around Favourite and Longshot Bias and its existence.

Wisdom of the Crowd – Part 2

In his latest education series for The Hub, pro punter Jack Houghton explores the theory around crowd wisdom and the information you can draw from it as a punter.

Wisdom of the Crowd – Part 3

Arrogance is never an ingredient in a successful betting strategy, and if the wisdom of crowds tells us anything, it’s that we should at least be mindful of this when placing any bet.

Wisdom of the Crowd – Part 1

In his latest education piece for The Hub, pro punter Jack Houghton explores the theory around crowd wisdom and the information you can draw from it as a punter.

The Mastermind

Luke is a 37 year-old Victorian – a country raised, public education, middle class child who has grown up to be a successful punter and Betfair trader - who could possibly be my betting saviour. And yours!

Psychology of Betting – Cognitive Biases – Where do they leave us?

    Imagine the scenario. You’re a doctor in an emergency department. You’ve been working for 14 hours that day and over 80 hours that week. You’ve just received news that your budget has been cut, again. You can hear the clamour of a busy waiting room, with patients demanding attention. In front of you

Betting Exchange Advantages for On Course Bookies

Betfair Betting Exchange: A Plus for Everyone Melbourne bookmaker Fred Watts, 57, has been fielding f

The Mathematician’s Betting Strategy

The Mathematician Jack is a Queenslander who has married his passion for the racing industry and the

Psychology of Betting – Loss Aversion

Psychology of Betting – Loss Aversion   When it comes to the psychology of betting, a lot of focus is given to how we stop ourselves betting based on unhelpful cognitive biases. Less attention is given to the corollary question: how to we make sure we act when we need to? In their 1984 paper,

Psychology of Betting – Obedience to Authority

Psychology of Betting – Obedience to Authority   In November 2016, physicists Magneijo and Ashfordi announced to the world that they had created an experiment that will offer conclusive proof as to whether their theory of a variable speed of light is true. The announcement was met with an underwhelming response. Underwhelming, because if proved