BETFAIR

Betfair exits South Africa

With regulatory tangles ongoing in many territories Betfair has hit another bump in South Africa. This is a real shame as South Africa is on the same time zone as the UK. Betfair has already sent out emails to affected customers. Here is an extract of the key elements of the email: –

“We’re writing to inform you that following the recent ruling by the South African Supreme Court of Appeal, Betfair has decided that as of 00:01 GMT on February 14th 2012, its website and all associated products will no longer be accessible in South Africa, or to South African residents.

As of the above time, all existing accounts will be suspended, therefore we ask that you ensure that all funds are withdrawn from your account before then. If your account is currently suspended the issues relating to that suspension must be resolved before any withdrawals can be made”

It’s another to add to the long list of complex, messy, regulatory, most likely protectionist, issues. Currently the number of territories where it’s OK to use Betfair is in the minority and the list is getting smaller. While the US is looking more positive recently, it’s likely that will only be a beachhead in a much longer battle. Till then other territories, even in Europe, are proving a prickly problem. It seems the anti-exchange proponents are currently winning their argument.

Ultimately I believe that the will of people will decided the very long term outcome of these sorts of things and it’s difficult to go against the value proposition that exchanges offer over traditional gambling. So if you want to benefit from that, move to the UK!

.betfair, gambling, law, regulation, regulatory, ruling, south africa, supreme court
This entry was posted on Thursday

ARBITRAGE BETTING

How To Eliminate Sports Gambling Risks With Arbitrage Betting

Autor: willtan71 :: Views: 142 :: Send to Your Friends :: View PDF :: Print View

Betting or gambling has been such a favorite pastime of many people. Since ancient times people have been casting lots or setting their bets in various events especially in sports. From the gladiator duels in ancient Rome to the bullfights in Spain, people love the thrill of betting. The problem is, betting is teeming with risks. People waste large sums of money when they lose while betting, some even ruin their lives because of mismanaged gambling. People however love winning and would exert all efforts to profit from their bets. Luckily, clever people discovered a solution to earn from betting without facing the dreaded risks. This solution comes in the form of arbitrage betting, which is now popularly being used in sports gambling.

What is Arbitrage all about?

The term arbitrage refers to the method of trading that ensures profits while eliminating risks. Though arbitrage has been used by people since time immemorial, it has lately become quite popular with the stock market. Arbitrage entails using certain small opportunities to profit during trade. At a first glance, the transactions being used seem to provide very insignificant profits, but when done on a larger scale, the profit becomes quite substantial, and even lucrative. In the world of finance, arbitrage is done by purchasing stocks on one particular market and immediately selling what is purchased to another market that provides an opportunity for profit of whatever size.

For example, shares of a certain company are being sold for $9.00 in the New York Stock exchange. Meanwhile in the London Stock exchange it is being sold for only $8.50. This is an arbitrage opportunity, or an arb. A trader, who practices arbitrage, or an arbitrageur, would purchase the London Stock Exchange shares and then sell the same amount on the New York Stock exchange. This would entail a 50-cent profit for every share. While this seems to be a miniscule amount, it can translate into a huge sum when shares are traded in large quantities.

How can Arbitrage be Applied to Sports Betting?

In the sports betting world, arbitrage can be employed by taking into consideration the differences present in bookmakers? odds. Profit is made certain by making bets on each option in the sports event that would entail profits for the arbitrageur whoever would win. Arbitrageur would comb through the different odds presented by bookmakers on each participant of the sports event, and bet on each one. Whatever is the result of the event, a profit is guaranteed. Just like with its finance counterpart, sport arbitrage is done is large volumes to provide substantial profits, taking full advantage of the arbs, also known as overbrokes, underrounds, and surebets.

For example, on a certain football match, Team A has odds of 11/8 with Bookmaker A. Meanwhile Team B has odds of 4/5 with Bookmaker B. Taking the difference between the two bookmakers translates into a profit of around 2.4%. An arbitrageur would place bets in proportion with the odds. For example, $1000 would be invested in this arb. The amount would be divided according to the proportion of the odds so that around $431 would be placed on Team A, and then around $569 would be placed on Team B. If Team A wins, the arbitrageur would get around $1023.63, and if Team A wins, the arbitrageur would get $1024.20. This means that the particular arb would entail a profit around $23 to $24, if an investment of $1000 is made.

Such scenarios are what many investors have been trying out today, yielding favorable results. With sports arbitrage betting, profits are ensured without risks of losing.

To learn more about sports arbitrage betting, there are several websites devoted to this betting technique. A simple search on sports arbitrage betting on a leading search engine would lead one to a vast sea of information about the betting process.

SPORT BETTING SITES

Soccer Betting Tactics

Soccer betting has increased its popularity in currently. It has provided an opportunity to people to make good amount of cash online. Failure to have soccer betting tactics will make you to find the game being difficult. Betting on soccer is very common; it is just like watching the premier leagues. In order to make profitable bets, the internet has provided several options for the bettors. You simply need to visit a site and engage in the betting procedure. If you are fond of betting, it is essential that you should look for flexible betting sites where you can place your bets.

There are sites that will provide soccer betting guide which can be beneficial. Some betting sites will provide a variety of betting options. You should look for a good site where you can register and place your bets. Upon winning the cash, it will be deposited to your account. If your team loses, you will not make any profit. You have to use soccer gambling tactics that will help in making a wise bet. There are no complications that are involved in the betting process. Genuine betting sites will offer you special services. For example, a site will send you the probable winning picks via email.

There are sites which offer special offers for novices such as free bets or bonuses. You should take advantage of such sites and learn the soccer odds tactics. If you seriously want to make cash through betting then you have to go for reputable and reliable sites. You should be patient and careful when choosing a site. You will find several sites that offer attractive offers. You should take your time and look at the track record. In order to have a good deal, you should study the records on daily basis.

Learn The #1 Sports Betting Strategies And Win 97% Of Your Sports Bets. Click Here: Win At Sports Betting.

Tags: soccer betting guide, Soccer Betting Strategies, Soccer Betting Tactics, soccer gambling tactics

Moto/gp/ Rossi

Rossi prepares for Yamaha farewell
Post categories: MotoGP

Jennie Gow | 15:32 UK time, Friday, 5 November 2010

Valencia
It is the last Friday of the MotoGP season and it is a little like the end of term in the paddock. Everyone has that carefree approach to the weekend.

Even world champion Jorge Lorenzo seemed to lack drive and enthusiasm at the pre-event news conference, insisting it was “not an obsession to try to get the win” here, although Nicky Hayden was as relaxed and jovial as always. The American joked with the media as he looked forward to joining forces again with Valentino Rossi.

While the season may be winding down, I seem to be busier than ever. We got to Valencia on Wednesday night so that we were ready and prepared for an interview with Rossi, the nine-time world champion, on Thursday.

I have met world champions before and I have interviewed some of the most powerful and successful sportsmen and women in the world but this was my first proper sit-down chat with a man that I have respected and followed for years.

Interviewing a MotoGP legend

I am not going to lie, I was a little nervous before Rossi came to his garage and the crew set up lights, cameras and sound equipment. Butterflies fluttered around my tummy but they quickly disappeared as the great man, wearing jean shorts and his Yamaha T-shirt, walked in with his trademark grin spread all over his face.

We sat and chatted about his accident at Mugello and his years at Yamaha as the crew made final preparations for our interview. Rossi’s shorts showed off his injured leg and we sat and compared scars. I have a very similar one on my right knee so we talked about surgery and arthroscopies.

Then he pointed out the large, semi-circular scar on his shin – the point where his bone tore through his leg as he smashed into the track at Mugello.

As the cameras started rolling, we continued to chat about Yamaha and how the Doctor would feel leaving behind his most famous patient – his beloved M1. It was rather ironic that we were filming in front of her as darkness fell upon the paddock. So many times Vale has crept into his garage at night, alone, and spent time with his bike. Now, on the eve of his final GP for Yamaha, he was sat with me talking about his love affair with her.

There were no tears but it is clear that the seven years Rossi has spent with Yamaha have been filled with success and happiness. He will miss his mechanics, his bike and the people he will no longer work or deal with.

I won’t give too much away but you will be able to see the interview during qualifying on the Red Button, Sunday’s show on BBC2 and HD as well as the BBC Sport website.

Chances are I shall meet with Rossi again on Sunday night when I present the FIM MotoGP Awards. He defends a 12-point lead over Casey Stoner for third place in the Championship and, while it is not another title to add to his portfolio, it is not a bad result when you consider he missed a chunk of the season because of injury.

Rossi prepares for Yamaha farewell
Post categories: MotoGP

Jennie Gow | 15:32 UK time, Friday, 5 November 2010

Valencia
It is the last Friday of the MotoGP season and it is a little like the end of term in the paddock. Everyone has that carefree approach to the weekend.

Even world champion Jorge Lorenzo seemed to lack drive and enthusiasm at the pre-event news conference, insisting it was “not an obsession to try to get the win” here, although Nicky Hayden was as relaxed and jovial as always. The American joked with the media as he looked forward to joining forces again with Valentino Rossi.

While the season may be winding down, I seem to be busier than ever. We got to Valencia on Wednesday night so that we were ready and prepared for an interview with Rossi, the nine-time world champion, on Thursday.

I have met world champions before and I have interviewed some of the most powerful and successful sportsmen and women in the world but this was my first proper sit-down chat with a man that I have respected and followed for years.

Interviewing a MotoGP legend

I am not going to lie, I was a little nervous before Rossi came to his garage and the crew set up lights, cameras and sound equipment. Butterflies fluttered around my tummy but they quickly disappeared as the great man, wearing jean shorts and his Yamaha T-shirt, walked in with his trademark grin spread all over his face.

We sat and chatted about his accident at Mugello and his years at Yamaha as the crew made final preparations for our interview. Rossi’s shorts showed off his injured leg and we sat and compared scars. I have a very similar one on my right knee so we talked about surgery and arthroscopies.

Then he pointed out the large, semi-circular scar on his shin – the point where his bone tore through his leg as he smashed into the track at Mugello.

As the cameras started rolling, we continued to chat about Yamaha and how the Doctor would feel leaving behind his most famous patient – his beloved M1. It was rather ironic that we were filming in front of her as darkness fell upon the paddock. So many times Vale has crept into his garage at night, alone, and spent time with his bike. Now, on the eve of his final GP for Yamaha, he was sat with me talking about his love affair with her.

There were no tears but it is clear that the seven years Rossi has spent with Yamaha have been filled with success and happiness. He will miss his mechanics, his bike and the people he will no longer work or deal with.

I won’t give too much away but you will be able to see the interview during qualifying on the Red Button, Sunday’s show on BBC2 and HD as well as the BBC Sport website.

Chances are I shall meet with Rossi again on Sunday night when I present the FIM MotoGP Awards. He defends a 12-point lead over Casey Stoner for third place in the Championship and, while it is not another title to add to his portfolio, it is not a bad result when you consider he missed a chunk of the season because of injury.