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Start for freeUnveiling the Betting Strategy That Led to a Ban from Bet365
In an intriguing revelation, a seasoned bettor shares his foolproof betting strategy that not only yielded significant profits but also resulted in a ban from Bet365. This strategy, rooted in mathematical principles, demonstrates how understanding odds and probabilities can turn the tables in favor of the bettor.
The Core of the Winning Strategy
The strategy is straightforward yet powerful. It revolves around identifying bets where the offered odds are higher than their true probability. This concept, known as 'positive expected value', ensures that over time, the bettor has an edge over the bookmaker. For instance, if something has a 50% chance of happening, fair odds should be even (2.0). However, if you find odds offered at 2.5 (implying a 40% probability), betting on this gives you a statistical advantage.
Practical Application and Results
The bettor shared detailed results from his Bet365 account which was subjected to a 'subject access request'. This revealed all transactions including total deposits, withdrawals, and net profits which amounted to £667.57. Despite fluctuations in individual bets—ranging from wins to losses—the overall strategy proved profitable.
Why Did Bet365 Ban the Account?
Bet365 restricted the account after noticing consistent wins that didn't align with their financial interests. They labeled the account as 'exchanges sharp', indicating savvy betting patterns that were not favorable for them. Over time, they reduced the maximum stake size allowed for this account, effectively capping potential winnings and minimizing risk exposure.
Broader Implications and Current Trends
This incident sheds light on a broader issue within sports betting where winning accounts are often limited or closed by bookmakers—a practice that is technically legal but ethically questionable. The bettor suggests using multiple accounts or different identities to circumvent these restrictions, highlighting a systemic issue within regulated betting industries.
Example from Greyhound Racing
On May 12th at Harlow's 11-46 race, an example was provided where Bet365 offered odds of 5.0 for a runner while the true price based on market consensus was closer to 4.0. Placing bets on such discrepancies ensures long-term profitability despite inherent variances in short-term outcomes.
Conclusion and Future Outlooks
While this strategy is effective and mathematically sound, it poses challenges due to bookmakers' policies against consistently winning accounts. Bettors must navigate these waters carefully by possibly spreading their bets across various platforms or employing strategies like arbitrage or matched betting where applicable.
For those interested in applying this method across different sports like football or horse racing, similar principles apply—always look for value bets where actual odds exceed implied probabilities.
Article created from: https://youtu.be/_qofMbvaoIY
