There are many times in gambling when you see a price you like, but just as you go to take it the price moves and you miss out.
The following article explains the various reasons why these price moves happen, and knowing these reasons, how you might be able to use them to your advantage in betting. This overview is part of the exensive library of betting strategy articles here at High Tech Gambling. Here are some popular examples:. Depending on which sport you are gambling on, at some point before the event takes place a bookmaker will offer a first price on the event.
A baseball game may offer the first price on the morning of the game having played the night before , a tennis match may be priced a couple of days before when the match-up is set or a soccer game may be priced up a week or so beforehand.
These early prices will be set by the team of odds-compilers and will be based around the probabilities of the outcomes. In an ideal world the bookmaker would now receive an equal amount of money on each player and guarantee a profit.
On some occasions this is exactly what will happen, a great and relatively simple situation for the bookmaker, and if every book was like this the job of a bookmaker would, as well as being very profitable, be extremely easy. So what could be the reason for this? There are actually two potential reasons. However, before the game begins there are a number of key factors which explain why betting odds change:.
This will have a significant impact on the teams overall quality, and a negative effect on their morale. After Messi sustained his long injury odds on Barcelona to win dropped slightly, due to the integral part Messi plays in their successes. If a team suffers a demoralising defeat in the week, perhaps in a European competitiion, this will damage their confidence and will reduce their likelihood of a victory, and vice versa.
Teams that have to travel frequently often find their domestic form suffers. In football, specifically in Latin America and Eastern Europe, key games such as derbies can see a lot of violence in the match build-up. It is not uncommon for team buses to be pelted with stones etc. In Turkey — a famously hostile football environment — the Fenerbahce team bus was shot at by rival fans. Unsurprisingly the players were somewhat unsettled. Similar to fan trouble, unusual events that take place shortly before a match can have an adverse effect on competitors.
There have been incidents where matches have begun shortly after serious disasters or fan deaths, and this can impact a team. There are a couple of ways that you can bet and take advantage of changing odds. You may see that the odds for each player are pretty even.
You may then hear that there are rumors of an injury for one player. This means you get a better deal. Alternatively, you may see that a particular player has shorter odds than you would expect and suspect this may be due to his large fan base rather than his actual chance of winning. In this case, it may be a good idea to take advantage of the favorable odds for the other player.
If you place a bet at an online sportsbook any payout will be made at the odds which were in place when you made the bet. As you can see, this can be a good thing if you are good at reading the odds and interpreting the breaking news around an event.
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