Archive for March 2, 2010
Soccer Betting
Soccer (or Futbol) betting is very popular in many parts of the world. In fact, the only place that it’s not is the United States. The game of soccer can be claimed as the world’s true sport, but the United States does not enjoy soccer anywhere near as much as other parts of the globe. As with any other game, it’s important to know the game before you put down your cash. Thanks to the Internet keeping up with teams and getting information on foreign teams is a snap. You can find some wild money lines in soccer.
If you are brand spanking new to soccer betting, you are in for a treat—and possibly a headache. One thing that’s both good and bad is the number of leagues around the world. It’s good because there is plenty of soccer action to wager on, but it can be overwhelming at the same time. It’s recommended that you start by focusing on the soccer league(s) in your region or a region that interests you. This will allow you to become an expert in that area and you will do much better. Once you get the hang of it, you can expand your horizons if you want.
To win more money and more consistently you will need to know how a soccer game works—at least to some degree. The more you know about soccer and the more you understand the flow, the better off you will be. This task can be accomplished quickly be browsing some Internet websites and reading the data they offer. While you are searching around, look for pages on some of the teams you might be betting on. Specifically, look for any information on how they play the game and anything about their scoring and defense.
The main question is about money. Can you make real money betting on soccer? The quick answer is yes. Soccer presents some great opportunities for the informed sports bettor. When you place a bet on a soccer match, you bet on the winner outright. There is no point spread—although some sports books do proposition bets with goals. You can also bet on the match ending in a draw, which happens semi-frequently. Betting on the draw usually results in a nice payoff if it comes in. Many draws will be +200 or higher.
The lines in soccer matches are usually pretty interesting. Matches that feature teams who are close in talent have plus-money lines, which is different from other sports. For example, you might have the favorite being a +125 and the underdog being a +175. No matter whom you choose, you are getting value for your money. Even if you are not experienced with soccer betting or soccer in general, it can sometimes be easy to spot the big favorite. Teams that are overwhelmingly dominant in a match might be -500 favorites. Obviously, there’s no value here and smart sports bettors should stay away from such matches.
Overall, soccer betting is definitely something sports bettors should look into. The game gives sports bettors great value for their money and there is plenty of action to go around. If you have not tried betting on soccer yet, give it a look. You just might find your new moneymaker.
You Canât Afford To Use This In Your Home Based Franchise. If You Do You Will Failâ¦I Guarantee It
Do you know that the word canât is the most frequently used word out of an unsuccessful home based franchise entrepreneurâs mouth? I challenge you take a look that this unfortunate word and really think about how many times you might use it in one day.
The word canât is a word that I detest, is the worst of the four letter words and I do not tolerate itâs usage in my house or in my home based franchise. Most people use it far too often, very casually and most importantly…they use it inaccurately.
Truly, think about when you use canât. My daughter, who is now 10, knows better to not use the word in my presence. I am a firm believer that there is nothing that she cannot do when she puts her mind to it. She has proved this to me time and time again.Â
Two years ago she almost didnât try out for her travel soccer team because she didnât think that she would make it. Today she is the leading scorer on her team and more importantly she is a team leader.
I constantly hear people complain that they canât lose weight, yet I see them eat fried food and order dessert at every chance they get. Itâs that they choose not to make the life changes that are often needed to lose the weight. They choose not to exercise on a regular basis; they choose to order entrées with delicious French sauces vs. the broiled fish seasoned with herbs. Losing weight and life is about choices…please donât mistake the choices made with the word canât.
Letâs bring the word canât into the context of your home based franchise. Again, I hear almost on a daily basis that people canât seem to get leads, canât seem to get prospects and thus canât seem to get sales into their home based franchise.Â
As I ask them questions about their marketing, I more often than not find out that there is little to no marketing activity that it taking place. How in the world can anyone say that they canât be successful when they havenât done the needed activity, the needed education, the needed training, and the needed action to be successful?
People that use canât in their vocabulary have every excuse under the sun as to why they cannot achieve the success that they want to achieve. One of the best and most frequent excuses that I hear is that they canât afford it, whatever it is.Â
People tell me that they canât go to training because they canât afford it. People tell me that they canât buy a course that they really would like because they canât afford it. People tell me that they would love to join me in my home based franchise opportunityâ¦but they just canât afford it. Does any of this sound familiar?
The great Jim Rohn quotes: âRich people have big libraries. Poor people have big TVâs.â   I personally have purchased courses, books and educational products when I have been flat broke. I did what I needed to do to become the success that I now am. Like Jim Rohn and all of the great successes out there; canât doesnât enter into the conversation when it comes to achieving the goals and the success that you want.
Do me a favor. The next time you say that you canât afford the purchase of a course, a book or any information that leads to so many successesâ¦take stock as to what you can afford. Can you afford your Starbucks lattes, your cigarettes, your Naivesâ¦pops I mean Evians or daily lunches out with friends? Â
Could your disposable income be at least $20.00 a day? $100.00 a week can buy you a lot of education, a lot of training and in fact a lot of marketing for your home based franchise.  What is it worth to you to realize your ultimate goals and dreams?
Stop making excuses and stop using the word canât, and if you choose not to, thatâs OK, just realize that the only person that you are fibbing to is to yourself.
If you are not satisfied with where you are today with your home based franchise…make the changes that are necessary to change the destiny of your life.Â
If you have questions on any portion of this series, give me a call or send me over an email. Â
Go, take action and make it a terrific and profitable day.
Â
Characteristics of Several Main Classical Series of Cartier
Many people have heard of Cartier. It has always been considered as the best brand in the world of jewelry. Its diamond jewelry attracts numerous imperial aristocrats and the public celebrities. Almost everyone dreams of owing a piece of jewelry of Cartier in order to present the honored personal status. Its high blood ensures Cartier to become a most famous and well-known brand of jewelry.
Cartier was established in 1847, owing the fine reputation as the emperor’s jewelry business and the emperor of jewelry business. Since it was established, it has made the high-quality jewelry ornaments for various countries’ imperial families as the jewelry maker second to none in the world. You may wonder why it can have so much reputation and be popular among people for such a long time. Now I will introduce several classical series of Cartier and their styles and characteristics. Maybe you will understand the reason.
The diamond series of Solitaire 1895: This series was promoted by Cartier in 1895 as the engagement diamond ring. Till today, it is still presented one of the classical series of Cartier. It used the simple crustification of four fingernails. The designer minimized the weight of the body of the inlaid place by this fine slight mosaic technique to highlight the brilliance of diamond with emphasis. This classical section is also imitated by numerous jewelry manufactures.
The platinum gold series of Love: This series is distinguished by its unique screw design created in the 1970s in New York. It was inlayed by the diamond and recited the love forever to remember faithfully. This section has become the best mode to express love and the amulet of the loyalty to love.
The series of Ballerine: It got its name on account of its bright-like stone cutting method. Its diamond has the most dazzling brilliance. Its design made use of the most excellent technique and the classical crustification principle.
The series of Declaration: This series used the sincere platinum gold to mount the single bring diamond with the best cutting. The diamond’s shapes are circle primarily, which manifest the union of classic and modern perfectly.
These main classical series of Cartier are the most reprehensive masterpieces. And they all have a huge affection on the world of jewelry.
Sony Ericsson W Series Phones – The Ultimate Music Series Cell Phone
Technology never give the best it’s always give better than old. But if talk about music series cell phones the best is Sony Ericsson W-Series Phones. W is standing for walkman for Sony Ericsson W-Series Phones. In latest cell phones series of Sony Ericsson the most popular cell phones are Sony Ericsson W700i, Sony Ericsson W810i, W910i and the Sony Ericsson W950i.
Walkman series phones from Sony Ericsson are receiving enormous popularity due to its fabulous class of music. W Series Phones really have all the qualities of a mini music jukebox with enhancing features to attach up to the jazz.Track ID, Mega Bass and Music DJ feature gives the Crown to Sony Ericsson W Series Phones to rule over music Cell Phones market. W series is getting popularity day by day because its feature is tremendous as compare to price. You can play music from play lists, music album and Track ID. Download music from online or transfer music tracks from your PC to its integrated memory and enjoy the outstanding music that differentiates w series to other music cell phone. Apart of not only for music w series phones come in pretty colors. Sony Ericsson W series phone are light weighted as compare to other music cell phone. High quality mega pixel camera captures the natural photo. Data can be share by Email, MMS and blue truth or by data cable.Â
Now a day every one is too exhausted due to over worked and pressure. With lot of Advantages Sony Ericsson W Series Phones give such a music that will definitely remove your tension. So go and catch your W Series Sony Ericsson Phones from your nearest cell phone superstore.
Soccer betting strategies help you to place smarter bets
In order to become a wiser gambler and earn hefty bucks, you need to have complete guidance before to make your bet. However, it is also true that you cannot win everytime but what possible is that your lost can be compensated if you focus on facts. Football betting advice here plays a vital role, just evaluate it carefully and then apply for placing bets.
For the gamblers who want their each bet to lucrative should opt betting strategies, in terms of professionals it is known as strategic betting. Experts study and prepare reliable facts, sometimes the tips may appear little complicated but it can certainly help in turning out your bet a winning one. It is always recommended to avoid the standard bookmakers because they charge a huge percentage of football prices in their favor. Betting strategies also turn to be effective when you place your bets with limited funds. These plans can turn to be increasing your funds, playing with effective tips will make you tasteful hefty financial rewards.
You can find several tips from regular betters as well; they have their own predictions and ideas. Nowadays, Internet has become an ideal place to look out for effective betting strategies and winning tips. All you need to do is finding an authentic website that offers great picks, many websites even offer free betting tips. Hereforth, you can also find some useful tips on how to get along with a legitimate website offering reliable strategies.
The foremost thing is to make the website design in a professional way. It should be appealing with unique and quality content. Make sure that all the links provided onto the page are valid and still work. Website that acquaints trouble links are not considered a trusted one. Next thing to consider is that the website should have relevant contact information; it is good if the website has a valid email address and phone number. Authentic websites also provide a help section wherein the visitors can solve there queries and get along with the information they are looking for.
After you become habitual of playing with these effective tips you will find your soccer betting activity adventurous as well as revenue generating. Reaching financial rewards require patience as well as dedication, not everyone can take it easily. If you are serious about making money through football betting, assistance of professional will really help you! http://www.soccerbetting.info/
Naval 1º Maio Vs Guimaraes Soccer Live
Naval 1º Maio vs Guimaraes live streaming online free Feb 15, 2010 â Information of the match between Naval 1º Maio vs Guimaraes kickoff and schedule TV on Monday, February 15, 21:15 CET live at Est Municipal Jose Bento Pess in the Portuguese Liga. So guys, Which team will be the winner of this match? Naval 1ºMaio or Guimaraes? Check it out yourself ! Okay guys donât miss to watch Naval 1º Maio vs Guimaraes free live stream on your PC. We hope The fans of both team can enjoy with the live score, Naval 1º Maio vs Guimaraes preview, recaps and highlights here.
So where can i watch Naval 1º Maio vs Guimaraes live online video streaming free? Here is a way that you can watch it, just hit HERE. The links updates before schedule kick off time Naval 1º Maio vs Guimaraes live feed streaming on 2/15 Portuguese Liga at Est Municipal Jose Bento Pess. Stay tune if you want to watch another match. Donât worry we will hard work to get video broadcast tv online feed for free from embeding popular website like Justin TV or Ustream, P2P, freedocast and Sopcast for the Naval 1ºMaio vs Guimaraes games.
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The Audacity to be Ignorant
When life is preoccupied with American Idol, African Idol, Asian Idol, Indian Idol, Australian Idol, Eskimo Idol . . . ; when precious moments are spent watching talk shows, from Tyra, to Oprah Winfrey Show to Late Night with Conan O’Brien to Jerry Springer . . . ; when alarms are set to remind the beginning of ‘Apprentice’, ‘the Big Brother’ and ‘So You Think You Can Dance’; When Premier leagues, World cup, Olympics and village tournaments become our priorities – with loyal fans curious to know the lifestyle of their soccer stars, yet thoroughly ignorant of Jesus favorite hairstyle; when people decide to commit suicide because their team has lost; when movie series are seriously followed – some if not many have watched ‘Prison Break’, with multiple seasons that seems to end when the world ends; and the soap operas, aired on TV for our life’s span duration – ‘The Bold and the Beautiful’, ‘The Young and the restless’, ‘Days of our Lives’, ‘One Life to Live’, ‘As the World Turns’, ‘Passions’ and there are other widely watched telecasts such as ‘Lost’, ‘OC’, ‘To Be or Not to Be’, ‘Desperate Housewives’ and ‘Men Behaving Badly’; when human beings voluntarily contest in extremely degrading stunts like eating cockroaches while others at home entertainingly watch the fear factor; as if that is not sufficient, people resort to laughter’s through comedies and they watch things like ‘White Chicks’, ‘The Man Who Knew Too Little’, ‘The Girl Next Door’, ‘Get Smart’, ‘King of Comedy’, ‘Steve Harvey’ ‘Just For Laughs’ not forgetting ‘Mr. Bean.’ After all, they claim, life is a sea of gut-busting, cheeks-hurting, pants-peeing fun. When real people become a nuisance they watch Walt Disney. And when theaters are full while Hollywood/Bollywood release more record-holding, top-grossing box-office blockbusters . . . . and after watching the movie, they become compelled to write a review about it, reveal the goofs for the movie or to atleast discuss it with friends and relatives!
When tranquility doesn’t descend until we know the world’s most expensive bra; when we are curious to know the person who spent the longest time keeping the eyeballs protruded; when we find the latest Guinness World Records to see if Pingping, the shortest living man (74.61 cm) who was measured in Hohhot, China still holds the record; when people search for the person who would spend the fastest time to pop 1, 000 balloons; and when people compete in making the tallest stack of doughnuts while industries compete in making the largest toilet roll.
When “The mutual rivalry for piling up (the good things of this world) diverts you (from the more serious things). Until ye visit the graves.” [Q 102:1-2], I mean when you are preoccupied with accumulating wealth with no signs of being fatigued by too much wealth. And because “. . .violent is he (man) in his love of wealth” [Q 100: 8] you will frequently hear middle-class millionaire dreaming to reach billionaire status while the billionaires aspiring to be ‘crazy wealthy.’ This reminds me of Roberts Frost’s saying: “By working faithfully 8 hours a day, you may get to be a boss and work 12 hours a day.” ; when people’s important life goal is to be rich and famous yet they are unaware of how they jeopardize their lives for they don’t seem to know that “. . . it is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God.” [Matthew 19: 24]; when spare time is not spent on Words of God but on Think and Grow Rich, Rich Dad Poor Dad, How to Make Money, 365 Habits of Romantic Persons, Million Dollar Habit, How To Win Friends and Influence People, The Secret, Cooking Made Easy, Act Like a Lady Think Like a Man, Guess How Much I Love You, Sex for Dummies and What to Expect When You’re Expecting. . . . ; and when the short time we have for reading God’s scriptures we don’t do study-reading (i.e. reading for the purpose of understanding, learning and remembering). One wonders: is reading the Bible/Qur’an without reflecting synonymous to eating without digesting?; when “The post-industrial world produces virtually everything except answers to the most essential questions about life and existence: Where did we come from? Why are we here? Where are we going?”[1] Indeed, “They know what is apparent of the worldly life, but they, of the Hereafter, are unaware.” [Q 30:7]
When people ardently search for a Step-by-Step Tutorial on how to French-kiss. And others go to Google to type “I’m bored” while rejoicing that they are not alone for they have already been preceded with others who typed “I’m so bored!” This phenomenon is likely to invite brilliant sociologists to initiate a study headed titled, “bored people are actually stupid because they seem not to know the purpose of life.” Many will encounter a jaw hanging experience when they hear that there are some people who still think that we are created to get bored! When music is used to ease boredom with geniuses inventing holidays – Mother’s Day, Anniversaries, Get-Together Party, Birth-Day (BD) while condemning Death-Day (DD), and religious holidays celebrated irreligiously; when we voluntarily enter into cookie-baking contest and eating competitions; and when the neighborhood organize a water gargling contest; when we spend too much time playing mindless phone and computer games; when one decides to become depressed, bored with life or just because they have nothing to love than to sleep, and decide to waste lots of precious time on excessive sleeping. How I wish they knew that multiple studies have found that people who sleep nine or more hours a night have significantly higher death rates than people sleeping seven to eight hours a night; when Research Institutes research on how to eat as much as we can without getting fat; when we are amassed in knowing whos-dated-who and when burgeoning populations join the International Association of Gossipers while others cross the boundary of reason claiming that the function of language is gossip; when the ‘lets-go-shopping’ culture becomes predominant; when our minds become fictitious because of reading too many fictions – Harry Potter and the Deathly Hallows, The Cat in the Hat, Romance . . . .
When people run out of ideas and decide to do the following: Blow up a paper bag and burst it behind a friend; make facial expressions in a mirror; check their waist measurement; peel an orange; convince someone that an African elephant has smaller ears than an Asian elephant; imagine coming to work by elephant; try to figure out if the “black box” flight recorder is never damaged during a plane crash, why isn’t the whole airplane made out of that stuff!; jump on their chair and shout “cockroach” to frighten their colleagues; photocopy your hand; run around the office as though someone were chasing you or march around the office like a Roman soldier; imagine how sorry everyone will be when you are dead; make a list of the ten people you would arrest immediately if you became a dictator; practice rubbing your tummy and rubbing your head at the same time (and am sure some are just practicing it now); rehearse your excuses for when you are caught in an embarrassing situation; pretend you’re a robot or pretend to be a car; wondering whether a fly without wings should be called a walk; check your answers for yesterday’s crossword puzzle; ask your grandpa what grandma was like when she was young; email your boss the message: I know what you did last vacation; boil ice cream; honk and wave to strangers; imagine how you would interview your boss for your job; imagine what you will do when you see an endangered animal eating an endangered plant! . . . .
When fashion industry and cosmetic companies receive unprecedented queue of customers. Have they really reflected on the proverb: “Many complain of their looks, but none of their brains?”; when a person wears a T-shirt imprinted: “I want fun. Now”, who is bypassed by another with a “Whatever you see I owe to Spaghetti” T-shirt imprint. Then as you wonder why would God create such people, behold you encounter a dare-not-look-at-me type of a lady walking towards your direction, her shirt inscribed: “WARNING: I have an attitude. . .” while struggling to peep at the remaining text, you realize it’s written “. . . and I know how to use it!” And before the sun sets, you encounter another fellow wearing a T-shirt bearing the words: “Whatever the question is, Liquor is the Answer.” Maybe such a heedless person would have been endowed with a much more meaningful descent life “. . . but he (man) clung to the earth and followed his own vain desire.” [Q 7:176]
When we get glued to our computer screens surfing pornographic material and sending emails to females while males receive torrents of emails from females; when people enter into yahoo groups to seek visitors with similar tastes and hobbies such as collecting stamps, blackjack, underwater modeling, chasing one’s shadow, washing fish, bull fighting, dog-sledding and chicken wrestling; when we embark on an extensive search in facebook so as to find that primary school classmate who peed in class; when funny and weird videos are the most watched clips in YouTube; when life is spent aimlessly is when we become fully ignorant. Ignorant of our purpose of life. An extremely smart guy would ask, “Is this really what we were created for? “Do you thus repay the LORD, O foolish and senseless people? Is not he your father, who created you, who made you and established you?” [Deuteronomy 32:6]. And if the Bible is not a source of inspiration to you, then reflect on the words of Henry David Thoreau: “It is not enough to be busy, so are the ants. The question is, ‘What are we busy about?” I know that according to article 24 of the Universal Declaration of Human Rights “Everyone has the right to rest and leisure . . .” but if per article one of the Declaration, human beings are “endowed with reason and conscience” then we would expect a smart creature to ask: what is the ratio between entertainment industry and worship industry? The Intelligent seeks to compute the ratio between wealth accumulating rituals and rituals for attaining the Kingdom of Heaven. “But seek first the kingdom of God and His righteousness, and all these things shall be added to you.” [Mathew 6:33]
Excerpted from Salim Boss’ book “They are either Extremely Smart or Extremely Ignorant” For more articles from this author, please visit his blog; [www.extremelysmart.wordpress.com]. Get your free eBook of “They are either Extremely Smart or Extremely Ignorant” from the author’s website.
[1]. Hofmann, Murad Wilfried. Religion on The Rise: Islam in the Third Millennium. Maryland: Amana Publications, 2001.p. 89.
Hot Wheels Treasure Hunt Series Propels Collecting
Collecting of die cast toy cars like Hot Wheels and Matchbox grew out of a passion for cars and childhood memories. Until the early 1990âs, collectors were constrained to just a few options: collecting variations and errors, collecting every car in a series or year, and collecting special limited editions not sold in stores. It wasnât until 1995 that die cast toy car makers started producing cars for sale in stores that were packaged specifically for collecting. It was the introduction of the Treasure Hunt Series from Hot Wheels that started it all.
The series consists of twelve cars, typically hot sellers in the past, which had new paint and graphic styles applied and sport âReal Riderâ tires. Real Rider tires are actually rubber and can be removed from the rim like a real tire. Often times the tires had âGoodyearâ or âTreasure Huntâ printed in white on the side of the tire. These cars were produced in limited quantities, 10,000 at first, but were released with the regular series each year. This created an interesting aspect to the Treasure Hunt Series since they were also sold for the $1 price of the regular series. The only exception to this is a box set of the entire series sold exclusively at JC Penny stores around the Christmas and holiday season. The series did experience a few variations over the years. One example is the standard practice from the regular series of re-releasing models with a different paint style. In 2005, in honor of the tenth anniversary, the series released the most popular model from each year of the previous ten years. It was also in this year that a thirteenth car was offered through a mail in offer, which required proof of purchasing twenty other cars.
               The value of the Treasure Hunt cars typically spiked for a particular model when it came out. Often times a car found on the âpegsâ in stores for a dollar could immediately be sold for fifty dollars. The value would then slightly decrease when the next monthâs cars were issued and the spotlight moved to the next model in the series. As is common, the cars for the inaugural year are valued highest. The â67 Camaro released in 1995, for example, is the most treasured model and is worth over $300.
               The Treasure Hunt regular series is now sold in two versions, the new version being one with a higher production quantity. This series was designed with the hopes that children could also have a chance a finding the rare cars. Both versions of the series have packages marked with a green stripe behind the title of the car. It is the only noticeable packaging variation from the standard line of cars. The Treasure Hunt series has now also expanding into other die cast lines of cars made by Hot Wheels including the Racing line. If you are interested in searching for these rare cars be prepared to get to the stores early, just before the new monthâs models come out, and look for the green stripe. Good luck hunting!
Get High On Fashion With Nokia N-series
Nokia N-series presents its collection of smart phones blended with latest technology and ultra-modern style. Take a look at Nokia N95, or Nokia N92, you won’t be deprived for sure of a high-flying tech-savvy lifestyle.
Take mobile photography a step higher with the Nokia N95. The in-built 5 mega pixel camera is well-equipped with Carl Zeiss optics, auto focus and digital zoom. Get the right kind of photos captured with full screen landscape mode and view them on the large QVGA resolution display of 2.6″. You can shoot DVD-like quality videos and watch them with friends on any compatible PC or TV by transferring through Bluetooth, UPnP, Infrared, or TV-Out.
Go on a musical ride with the integrated media player and FM radio. The Nokia N95 supports MP3, MP4, AAC and WMA formats. Enjoy a complete mobile music experience by playing your favourite songs with powerful 3D stereo speakers. With 150 MB of internal memory and microSD card slot, Nokia N95 can accommodate all your songs, photos and video clips. You can also share them online via EDGE and GPRS.
Enjoy latest multimedia comforts with Nokia N92. Manage your music and create playlists with the integrated digital music player. You can transfer your music files to any compatible PC through Bluetooth. Or share them with friends via MMS and email. With the 128 MB internal memory expandable up to 2 GB, you can store up to 1500 of your favourite songs.
Capture your pictures with style with the 2 mega pixel camera with 4x digital zoom and in-built flash. Print brilliant quality photos directly from your device, or put them on lifeblog. You can view your music videos on the impressive 2.8″ 16M colour display, or share them online via EGPRS. The Tri band GSM gives you global mobility.
Buy any of these fashion accessories and stay in touch with the latest mobile technology.
Betting Tips And Money Management In Soccer Betting
Soccer experts provide you with betting tips, the media publishes the latest news about the opponent teams and their key players, bookmakers support hundreds of betting methods⦠However, when you finally place your huge wager on a sure favorite, this is the time to start praying… Unfortunately, the world of soccer betting is quite unpredictable. There are thousands of factors playing against us. How can we cut our betting losses? The only way to do it is by using money management strategies.
This article summarizes the methods and strategies of betting money management and provides a statistical comparison of their performance based on betting odds and match results of top European leagues.
The most common betting money management strategies in our days are: Martingale, Row of numbers and Kelly criterion. While the first two do not require any prior information, Kelly criterion requires the punter to know the probability of a win.
DEFINITIONS
Before presenting the performance analysis, a brief description of the above-mentioned strategies is necessary:
– Martingale strategy means doubling the stack after a loss and returning back to the starting stack after a win. This strategy is the most popular today and promises positive profits, but requires intensive money investments.
– Row of numbers means planning a series of constant profits. Given betting odds, the punter calculates each stake in a way that will allow him to make the planned profit. In case he loses, he should increase the next stack in such a way the profit will return both the money already lost and the planned profits for the lost games. This strategy is less aggressive than Martingale but still dangerous.
– Kelly criterion: mathematically proven to be the best strategy in the long run. However, it requires knowing the probability of a win. The stacks are calculated in proportion of the size of your funds and according to the relation between the probability of a win and the betting odds. When probability and odds are high, a high stack will be placed and vice versa.
DATA AND METHODS
In order to evaluate the performance of each strategy, we analyzed the betting odds set by bookmakers for the top European leagues. Imagine that bookmakers are punters who place a stake on a favorite with minimal betting odds. One can easily estimate the probability of a win by dividing the average number of home/draw/away outcomes by the total number of games in a season.
The betting odds and results are taken from the four European top leagues playing in the 2008/2009 season: English Premier, French Ligue 1, German Bundesliga 1 and Spanish Primera Division.
SUMMARY
– The results show that Kelly criterion is the best money management strategy of the three with an average profit of +5% compared to +1% (Row) and +1.2% (Martingale).
– The most profitable was the French Ligue 1 with a betting profit of +22% (Kelly), +9% (Row) and +10% (Martingale).
– The least profitable was the English Premier League with a betting loses of -10% (Kelly) ), -9% (Row) and -8% (Martingale).
