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One way to distinguish winning from losing players is to look at the odds a player received when they made their bet and compare it with the Pinnacle closing line. Consistently beating the closing odds at Pinnacle can be a strong indicator of long-term betting profits.
Betting bankroll management and awareness of variance are essential skills for bettors. What is the relationship between odds, edge and variance? What are the bankroll implications of varying odds?
Many “casual” bettors choose their bets through “gut feeling” about what they think will happen during an event, an approach which does not lend itself to profitable betting. Does this mean more skilled bettors can rule out utilising their intuition entirely?