Mine Betting

Different bettors might use different approaches when it comes to online sports betting. In this article, I’m going to tell you how I calculate potential profits and risks using betting platform’s bet slips. As we all know, most online bookmakers show the amount of potential return when we place bets. If you are placing more than one bets, you can actually use these numbers to help you calculate potential profit and loss instantly.

I usually place four to five bets each weekend on the Premier League matches. Using my bookmaker’s betting slip, I collect the five bets I’m going to place on a certain weekend without confirming the bets just yet. The betting slip will quickly show potential return on each bet as well as in total.

What I do is I took these numbers and run a little analysis. I grade each match according to its probability — I calculated the odds and team strength carefully to make my picks, and use the calculation result to grade these matches according to their winning probabilities — and listed the potential return on the side.

Then, I simulated my losses, starting from the match with least probability, while counting just how far I can withstand losing. If I can still make profits after losing three of my bets, then my picks can be very profitable. If I generally lose after losing two matches, I would consider other available options to maintain profitability. It may not be a solid always-win strategy, but it works in keeping me profitable the past several years.

Nicky Henderson has twice received the British Jump Trainer Champion award, in 1986 and in 1987 and in terms of total Cheltenham Festival wins he has more than any other current trainer.

Coming from a privileged background he attended Eton College during the 1960s. Nicky Henderson’s father was a founding member of the Racecourse Holdings Trust and one of the races at the Cheltenham Festival was named after him following his death in 2003; the Johnny Henderson Grand Annual Chase. In the second year of this race it was Nicky who’s horse Greenhope went on to win it.

Nicky Henderson’s career in horseracing began as an amateur jockey but he turned to training race horses in 1974 when he was 24 years old.

Initially he worked as an assistant trainer but in 1978 became trainer at the Seven Barrows stables in Berkshire. It took a few years before his horses achieved notable success but in 1985 he won the Champion Hurdle on the opening day of the Cheltenham Festival with See You Then. This was repeated in both 1986 and in 1987.

Further success at the Cheltenham Festival came in 1992 when his horse Remittance Man won the Queen Mother Champion Chase and in 2009 his horses Punjabi and Zaynar won the Smurfit Kappa Champion Hurdle and the Triumph Hurdle respectively.

Nicky Henderson’s career has not been without some controversy. Moonlit Path is one of his horses that he is charged with training that belongs to the Queen. During a routine drugs test in 2009 it was found that this horse had been doped with a forbidden drug. The drug was tranexamic acid and it is used to reduce excessive bleeding. Hendersen admitted that he had been responsible for this and received a fine of £40,000 plus a three month ban on entering his horses in races. The ban was lifted in October 2009 in plenty of time for the Cheltenham Festival.

Though his reputation took somewhat of a hammering, the consensus is that he gained no advantage by using this drug and that it was used for the animal’s welfare. With 32 Cheltenham Festival winners to date, this year he intends to add to the total and is the current 2nd favourite in the Cheltenham Betting market for top trainer at the festival.

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