You can bet on pretty much any sport these days, but the bookies odds compilers can’t be experts on everything. Today we’re looking at how followers of minority sports such as Speedway can get an edge through their knowledge of their chosen sport. We also look at how bookie’s betting offers can be adapted to give an extra profit margin. Watch out William Hill, we’re coming…
Because yes, William Hill is one of several major online betting sites that offer markets on speedway betting. If you know much about speedway, just go and look at the prices.
We looked at the market there for FIM Speedway World Championship – 2018 World Champion. The favourites are obvious, yes I would have Jason Doyle as favourite too. But look at the order they arrange the middle of the field in. There are some glaring errors there, and as a punter that represents value bets. And of course this is the way in which you can beat the bookies long term, by knowing when they have the odds wrong and betting at prices which are higher than they should be.
If funds are limited, this is where the betting offers come in. With some of these deals you can get double odds on your first bet – so if you had value before, you’ve definitely got it now! Others give you free bets of 2 or 3 times your first deposit. You do have to bet them before you withdraw, which is fair enough. But then you have 2 or 3 times your bank to bet with. This is ideal if you’re taking on longer odds punts with a lower strike rate, as you get more chances to find the winner.
We plan to return with an in depth case study on this as we will be testing our knowledge against Ladbrokes, William Hill, 888sport and bet365 this season. Win or lose, we’ll be sharing the results so watch this space.