Bettor Ed Blog

Bet trackers like Pikkit and Betstamp have exploded in popularity. They promise easy logging, clean dashboards, and automated stats. But if you’ve actually used them, you already know the catch: they don’t work with every sportsbook—and they never will.

If you're taking the step from recreational bettor to sharp, breakeven percentage is the first number you should know for any bet. This guide will provide clear definitions, correct formulas, worked examples, common traps, and quick mental math so you can use it today.

Sports betting has changed more in the past 25 years than in the 100 before it. While the markets evolved, so did the education. Here’s the progression of the best sports betting books- from the early fundamentals to the modern era.

When the Powerball jackpot climbs into the billions, the first question isn’t just “Should I buy a ticket?” —it’s “Is it actually worth anything?” The math behind expected value (EV) can give us a clear answer. In this post, we’ll break down today’s $1.7 billion jackpot into its real cash value and show you whether a $2 ticket is a good bet. Understanding the Powerball Jackpot Advertised jackpot: $1.70 billion for Saturday’s drawing. Cash value: $770.3 million. Odds: Jac

The Base Rate Fallacy is a psychological trap that leads us to ignore general information (the base rate) in favor of specific details....

Learn how Gadoon “Spanky” Kyrollos uses top-down betting to spot market inefficiencies and how you can apply the same strategy to gain an edge.

The Kelly Criterion is a mathematical formula developed in 1956 by John L. Kelly Jr. It has since gained recognition for its use in investing, but its first application was for gambling as a method to maximize long-term profits while managing a bankroll. The Formula The Kelly Criterion is used to find the optimal bet size by balancing the likelihood of winning and the potential reward. It helps determine the percentage of your bankroll to wager on a specific bet, optimized fo

Are you tired of losing money on sports bets and feeling like you're missing something? You’re not alone. Most beginners make the same mistakes when they first start betting on sports, but with a little guidance, you can quickly start turning losses into wins. In this post, we’re going to explore the top 5 reasons beginner sports bettors lose and, more importantly, how you can start winning more consistently. 1. Misunderstanding Odds They’re Thinking About it the Wrong Way Th

Futures betting is exactly what it sounds like—placing bets on events or outcomes that will happen in the future, usually at the end of a season or tournament. Examples include the NBA Finals champion, the outright winner in a golf tournament, MVP awards, Rookie of the Year awards, and season-long scoring bets like over or under passing yards. Some people will call these "sucker bets," but careful analysis can reveal sneaky good value. Let's explore how to approach futures be

When you hear pros or semi-pro bettors talk about sports betting, you’ll hear expected value (EV) come up a lot. It’s for good reason,...