Bet Labs Strategy

The goal of the Bet Labs Strategy page is to help users make smarter bets. Whether you are new to gambling or a seasoned handicapper this is an educational resource to help you wager more intelligently. Learn everything from how much to bet, what makes a good betting system, how to calculate implied probabilities and more.

  • How to Test for Overfitting: Did you find the Holy Grail of sports betting or did you just custom-fit data to produce a winning system?
  • How Much to Bet: One of the biggest mistakes recreational bettors make is wagering too much on one outcome. How much should you bet?
  • Number of Bets: If you are going to bet against the public then you need to focus on games with a lot of bets.
  • Removing Juice: Get a better understanding of the betting market by learning how to remove the juice from bets.
  • Implied Probabilities: If you don’t know how to calculate implied probabilities from betting odds you are hurting your chance of making a profit.
  • Confirmation Bias: What is confirmation bias and how does it lead to poor decision making?

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