Wikipedia Sports Betting Information

As a sports punter I’ve been able to amass my knowledge from multiple sources. Chief among them are the many quality online sportsbetting sites out there such as TitanBet, 888sports, Bet365 and others. But what about other sources of information – are they any good? Let’s explore the community-wide informational epicenter trusted by millions of readers across the globe – Wikipedia.

What does Wikipedia offer to new and existing sports punters?

Let’s explore some of the following sports betting terms and concepts, starting with: football pools, the tote, Parlays, pick 6, American Totalisator, betting pools, World Series of Golf, Dutching, daily doubles,   Superfecta and sport select. Let’s explore some of my favourite sports betting options on Wikipedia.

Fractional Odds, Decimal Odds and Moneyline Odds are used in the sportsbetting world to explain – to great effect – how bets can be quoted depending on the country of origin. In the UK and Ireland, Fractional Odds are used. These come in the form – 3/1.

Decimal Odds are popular in Canada, Australia and Continental Europe (even odds are quoted as 2 while ¼ odds are quoted as 1.25). Moneyline Odds are used by American bookies. It’s the straight-up outcome of a game that is considered. No point spread is alluded to.

Sportsbetting systems are yet another exciting concept that is well explained on Wikipedia. If you’re serious about punting, then Wiki has all the greatest articles, news and reviews available to you. These systems provide a profitable betting platform. With punters, there is no deterministic edge to the gambler or the house. While it is true that systems are meant to allow punters to have an edge this is determined by the oddsmakers. The latter are the folks who sit with their stats calculators and determine odds that will be profitable for the bookies.

What types of betting systems are there?

There are two types of betting systems to speak of. The first is the Multiple Regression system. I like this way of planning out my bets because my historical research tends to pay dividends more often. Think about it – if you have more data available, you’re more likely to get closer to the outcome. The type of information you would need on hand to use multiple regression betting includes win-loss patterns, coaches, change of players, substitutes, weather and pitch conditions and injuries to name but a few.

The other betting system in effect is the statistical anomalies betting system. This is to say it’s the exception to the rule. The point statistical distribution factor makes this system a viable option. To be frank, this is but a scratch (excuse the sports betting pun) of what is available on Wikipedia. If you want top tier information on sports betting then Wikipedia is the place to be.

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