Archive for July, 2009

National Lottery Commission Finds Child Protection Working

Posted on July 27, 2009. Filed under: Industry News |

The National Lottery Commission’s latest research has found that the number of 12 – 15 year olds illegally buying National Lottery products has dropped to the lowest levels in over a decade.
 
The independent study, British Survey of Children, the National Lottery and Gambling 2008-09, is the only British underage research of its kind and was commissioned by the National Lottery Commission to test the effectiveness of Camelot’s child protection measures. The survey of nearly 9,000 children aged between 12 and 15 in England and Wales was conducted by Ipsos MORI and the Centre for the Study of Gambling at the University of Salford.
 
Just two percent of children say they have played with their own money in the past seven days on Lotto – down from five percent in 2006. Four percent claim to have bought Scratchcards – down from six percent in 2006 (nine percent in 2000). Just one per cent said they had tried other Lottery games compared to six percent in 2006.
 
Online restrictions preventing children from accessing interactive Lottery games appear to be successful.  Of the 96 per cent of children who have been on the internet in the past week, 27 per cent have bought things but importantly just 0.3 % of children claim to have spent money on National Lottery games.

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Odds Explained

Posted on July 12, 2009. Filed under: All things Betinternet |

Odds are synonymous with sports betting and the term simply describes the payout you can earn on a successful bet. There are three main Odds types you are likely to come across: Fractional, Decimal and American.

Fractional Odds

Fractional Odds (also often referred to as “Traditional” or “UK” Odds) indicate the net payout earned relative to the amount staked. If a bet wins the initial stake is returned with the payout. You are most likely to find Fractional Odds on horse racing tracks and often as the default option with British bookmakers.

An example of Fractional Odds:

You bet £10 on Comply or Die winning the Grand National at odds of  7/1. If Comply or Die wins the race, the bet will pay out: 7/1 x 10 = £70. The initial stake is then added to this figure for a total payout of £80.

Decimal Odds

Decimal Odds (also often referred to as “Continental” or “European” Odds) are, as the name suggests, most popular in mainland Europe. These odds reflect the payout on a successful bet in decimal form, and factor in the return of the stake.

An example of Decimal Odds:

You bet £10 on Comply or Die winning the Grand National at odds of  8.00. If Comply or Die wins the race, the bet will pay out:  8 x 10 = £80. The initial stake is already included in the returns.

American Odds

American Odds (also often referred to as “US” or “Moneyline” Odds) are used primarily in the United States and for US Sports, such as NBA, Baseball or American Football, but are also offered by most online sportsbooks. These odds reflect the payout on a successful $100 bet, with the return of the stake not included in this figure.

An example of American Odds:

You bets £10 on San Diego defeating San Francisco in a baseball match at odds of +300. If San Diego wins, the bet will pay out 300 x 10/100 = £30. The stake will then be returned for a total payout of £40.

What Odds to use?

The decision what odds to use is entirely down to you. A lot of people find decimal odds easy to work with, while most punters into horse racing prefer fractional odds (you will hardly ever find decimal odds at a race track). In the end, it comes down to what you feel most comfortable with – all online bookmakers (including us, of course) allow you to choose a preferred odds type on your account and switch around between the different types.

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Horse Racing – Jargon Buster

Posted on July 9, 2009. Filed under: Sports |

Maybe you had a look at our Horse Racing markets but weren’t quite sure about all the terminology used? Worry no longer, as here is our extensive Horse Racing Jargon Buster – a huge list with every racing term you’re ever likely to come across:

A

Acceptor
A horse that has entry confirmed as the forfeit stage of a race’s entry schedule and the owner pays a supplement. Accumulator bet involving two or more selections in different races: winnings from one are placed on the next

Allowance
Is the weight concession the horse is given to compensate for its rider’s inexperience

All Weather Racing
Flat racing which takes place on an artificial surface

Amateur(rider)
A non professional jockey who does not accept a fee for riding and who can be identified on racecards, as their names are prefixed by Mr, Mrs, Captain, etc. to indicate their amateur status

Ante-Post
Betting (usually on the most important races) days, weeks and even months before the race is due to take place

Apprentice
Young jockey tied by annually renewed contract to a licensed trainer while he or she is learning to race-ride. Their weight allowance reduces in direct relation to the number of winners they ride.

B

Backward
A physically immature horse. Thoroughbreds born in the Northern Hemisphere take the 1st January as their birthday – a horse born in April will be backward compared to one born in early February.

Ballot
If a race is over subscribed with runners a draw will take place at Weatherbys to reduce the field for safety reasons.

Bar
A betting term that denotes a longer price except those listed.

Bay
A horse with a brown body and black mane and tail.

Black Type
A horse with lots of black type means it is from a family with good winning credentials in high class races. This is denoted by bold type in a horses pedigree.

Blinkers
A hood that fits over a horses head to prevent it from seeing sideways, this helps the horse to concentrate it’s attention ahead during a race.

Blown Up
When a horse starts to drop out of contention during a race due to lack of fitness.

Boxed In
When a horse is trapped between, behind or inside of other horses during a race.

Breeze Up
A gentle canter – this is the pace in which most exercise is done and from which the knowledgeable can judge a horse’s action and athleticism.

Broken Down
When a horse sustains an injury – normally a tendon or soft tissue injury requiring a long rest to recover.

C

Chestnut
A horse with a ‘ginger’ body, mane and tail.

Claimer
An apprentice flat race jockey

Classics
There are five British Classics: The Stan James 1000 Guineas, The Stan James 2000 Guineas, The Derby, The Oaks and The St Leger

Clerk of the Course
The person responsible for the overall management of a racecourse during raceday. The Clerk of the Course at Chester is Ed Gretton

Colours
A jockey’s shirt of ‘silks’ which identifies the owner of the racehorse.

Colt
A male, ungelded horse up to four years old

Condition
Refers to how well a horse looks and is judged on a combination of muscle tone, shine of coat and general demeanor.

Conditional Jockey
The jumping equivalent of an apprentice

Conditions Races
A race that is not Group, Listed, Handicap or a Novice and is not restricted to Maidens, neither is it governed by Selling or Claiming provisions or restricted to Amateur or Apprentice Riders.

Connections
Anyone connected with a horse: it can be as distant as the spouse of a syndicate owner or as close as the horse’s lad.

Cut in the ground
A description of the ground condition, where there is ‘give’ in the surface – also known as ‘soft going’.

Course Specialist
A horse which tends to run well at a particular track

D

Dam
The mother of a horse

Declaration
When a trainer declares the horse to run 48 hours before the race.

Distance
The length of a race: 5 furlongs is the shortest and the 41/2 miles of the Grand National the longest. Also, the margin by which a horse wins or is beaten by the horse in front: this ranges from a short head to ‘by a distance’ (more than 30 lengths); a ‘length’ is measured from the horse’s nose to the start of its tail

Division
Where there are too many entries for a race it can be run in two divisions

Draw
A flat racing term, describes a horse’s position in the starting stalls, drawn randomly not less than 24 hours before a race is run.

E

Evens or even money
When your stake exactly equals your winnings – thus £5 at evens wins a further £5

F

Filly
A female horse aged up to four years

Foal
A horse of either sex that has not reached it’s first birthday (all thoroughbreds take 1st January as their birthday)

Form
Refers to a horse’s race record. This is denoted b figures next to the horse’s name on the racecard.

Furlong
220 yards (one eighth of a mile or 201 metres)

G

Gelding
A castrated horse

Get the trip
Usually said of a horse that is expected to complete the race distance.

Going
The description of conditions under foot on the racecourse. Official jockey club going reports progress as follows: heavy – soft – good to soft – good – good to firm – firm – hard

Green
If a horse is described as green, they are inexperienced

Group Race
Also known as a pattern races, these are the premier contest of Flat racing. Group races are composed of a series of tests for theleading horses of all ages over different distances. Group One races are the Classics and other races of major international importance. Group Two races are also of international importance and Group Three races are mostly domestic races and are considered to be preparatory for the higher Groups. Pattern races are designed to ensure first class, competitive racing throughout Europe.

H

Hacked Up
When a horse wins easily.

Hand
Unit of four inches in which a horse’s height is measured, at the shoulder

Handicap
A handicap race in which the weight each horse has to carry is individually allotted according to its past performance to make the chances of all horses in the race more equal

Hang
When a horse does not run in a straight line it is said to be hanging to the left or to the right

J

Jolly
A betting phrase for the favourite in a race – the horse with the shortest odds

Judge
The official responsible for declaring the finishing order of a race and the distances between the runners

Juvenile
A two-year-old Flat horse

L

Length
A length of a horse is the distance from the nose to the tail. It is used in race results to describe the winning distance.

Listed Races
Races for good horses just short of Group status.

M

Maiden
A horse of any age, which has not won a race

Mare
A female horse five years and over

Mile
8 furlongs (1.6 km)

Monkey
A betting term for £500

N

Novice
A horse that has not won more than 2 races

Nursery
A handicap race for 2 year old horses

O

Objection
A complaint by one jockey against another regarding breach of rules during a race

Odds on
Odds where the winnings are less than the stake (which is of course returned to you): thus a winning £2 bet at 2-1 on wins you £1

Off the pace
When a horse isn’t keeping up with the other horses in the race

Off the bit/off the bridle
Describes a horse being pushed along by his jockey, losing contact with the bit in his mouth

On the bit/on the bridle
Describes a horse going well within himself, still having a grip on the bit

On the nod
When a race is so close that one horse is at the wrong point in his stride and loses the race ‘on the nod’ as the winning horse is at the point in his stride where his head is forward.

Over the top
Where a horse is said to have gone if he has passed his peak for the season

P

Pace
‘up with the pace’ means close to the leaders; ‘off the pace’ means some way behind the leaders

Paddock
The area of the racecourse incorporating the pre-parade ring, parade ring and winner’s enclosure.

Pattern
the elite races, divided in flat racing into groups one, two, three and listed, and in jumping into grades one, two and three

Penalty
Additional weight carried by a horse on account of previous wins. In a handicap, penalties are added to the allotted weight of a horse if it has won since the weights for the race were published.

Photo finish
An electronic photographic device which determines minimal distances in a close finish

Placed
A horse that is placed first, second or third.

Plate
Lightweight horseshoes designed for racing

Pony
A betting phrase for £25

Pulling
A horse that is unsettled in the early part of a race and is using too much energy fighting the jockey by pulling against the bridle

R

Rating
When a horse wins a race or has raced three times, it is given a rating the Official Handicapper. Everything relating to handicapping is doe on a weight basis. The weighting range is 0-140 where each point is equivalent to 1lb. Therefore, a horse rated 131 is better than a horse rated 125. To dead heat, the better horse would in theory have to carry 6lbs more.

Rule 4
Betting rule covering deductions made from winning bets if a horse is withdrawn after the betting market has been formed but before the ‘under starter’s orders’ signal; the amount deducted depends on the price of the withdrawn horse

S

Scope
The potential for physical development in a horse

Seller
Race after which the winner is offered for sale by auction

Short runner
A horse who barely stays, or doesn’t stay, the minimum distance -five furlongs on the flat, two miles over jumps

Sire
Father of a horse

Spread a plate
when a racing plate or horseshoe becomes detached from an animal’s hoof, this sometimes causes a delay while the horse is re-shod

Springer/steamer
A horse which shortens dramatically in the betting

Sprint
Any race of 5 or 6 furlongs

SP/Starting price
the official price of a horse at which bets are settled in betting shops

Stayers
Horses with a lot of stamina who perform best over 2 miles on the flat.

Stewards
The panel of men and women -usually a total of four – who are responsible for seeing that the rules of racing are adhered to

Stewards’ enquiry
An enquiry by the stewards into the running of a race

Syndicate
A group of people who share the expense of owning a racehorse.

T

Tatts
The colloquial term for Tattersalls

Thoroughbred
A horse whose parentage traces back to any of the three ‘founding sires’, the Darley Arabian, Byerly Turk and Godolphin Arabian.

Tic-tac
The bookmaker’s method of relaying odds information on the racecourse, by means of hand signals

Tip
The opinion offered by an individual (tipster) on the likely winner of a race

U

Under starter’s orders or under orders
Occurs when the race is off; an announcement that the horses are ‘under starter’s orders – they’re off’ is made as the horses leave the stalls: if a horse is withdrawn by the starter all bets are refunded

W

Weatherbys
Runs the register of racing: from owners colours to pedigrees, to horses names. All race entries are also made through Weatherbys.

Walkover
A ‘race’ with only one runner

Weigh in/weigh out
Weighing of jockey before and after a race to ensure that the correct weight has been carried; the announcement ‘weighed in’ signals that the result is official, and all bets can be settled

Weight Cloth
A cloth with pockets for lead weights placed under the saddle.

Weights
Lead strips placed in a weight cloth (as above) to bring the jockey up to the handicap weight of the race.

Y

Yankee
A combination bet involving four selections in different races: six doubles, four trebles and one four-horse accumulator -eleven bets

Yearling
Horse of either sex from 1 January to 31 December of the year following its birth

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Asian Handicaps Explained

Posted on July 2, 2009. Filed under: All things Betinternet |

When it comes to betting on football, there’s probably no better way to maximise value than Asian Handicaps. Although these markets may look fairly complicated at first glance, the reality is that Asian Handicap bets are very easy to understand and master.

Asian Handicap Screenshot

Asian Handicap Screenshot


In a nutshell, the Asian Handicap was created so that in theory, each team has a roughly equal chance of winning, while also effectively taking the draw out of play and hence forming a competitive market. So rather than just betting on home, draw or away, you simply decide which team you think is the best bet on the Asian Handicap.

The handicap is displayed as goal/s or part of a goal start or deficit (+/-) next to the team, for example:

Ireland Eircom Premier League – Sligo Rovers v Drogheda Utd
Sligo Rovers -0/0.5 1.930
Drogheda Utd +0/0.5 1.920

There are a number of different handicaps, depending on the teams playing:

(0) Draw no Bet : Bet on either team and you win if they win. If the match is a draw your whole stake is returned.

(-0/0.5) Minus Level/Half : If the team wins your whole bet is a winner. If the match is a draw, half your stake is returned, half is lost.

(+0/0.5) Plus Level/Half : If the team wins your whole stake is a winner. If the match is a draw, half your stake is returned, half is a winner.

(-0.5) Minus Half : If the team wins your whole bet is a winner. Any other result the bet is a loser.

(+0.5) Plus Half : If the team wins or draws your bet is a winner.

(-0.5/1) Minus Half/One : If the team wins by 2 goals or more your bet is a winner. If the team wins by 1 goal, half your stake is returned, half is a winner. Any other result the bet is a loser.

(+0.5/1) Plus Half/One : If the team draws or wins your bet is a winner. If the team loses by 1 goal, half your stake is returned, half is a loser. If the team loses by 2 goals or more the bet is a loser.

(-1) Minus One : If the team wins by 2 goals or more your bet is a winner. If the team wins by 1 goal, your stake is returned. Any other result the bet is a loser.

(+1) Plus One : If the team draws or wins your bet is a winner. If the team loses by 1 goal, your stake is returned. If the team loses by 2 goals or more the bet is a loser.

(-1/1.5) Minus One/One & a Half : If the team wins by 2 goals or more your bet is a winner. If the team wins by 1 goal, half your stake is returned, half is a loser. Any other result the bet is a loser.

(+1/1.5) Plus One/One & a Half : If the team draws or wins your bet is a winner. If the team loses by 1 goal, half your stake is returned, half is a winner. If the team loses by 2 goals or more the bet is a loser.

(-2) Minus Two : If the team wins by 3 goals or more your bet is a winner. If the team wins by 2 goals, your stake is returned. Any other result the bet is a loser.

(+2) Plus Two : If the team draws or wins or loses by 1 goal, your bet is a winner. If the team loses by 2 goals your stake is returned. If the team loses by 3 goals or more the bet is a loser.

Once you get the hang of things, Asian Handicaps can offer you fantastic value – from better odds on the favourite, to much higher stakes on most games. Why not visit our site and have a browse through the current markets? And if you get stuck or have any further questions, simply hit the Live Chat button at the bottom of the homepage and we’ll assist you with any queries.

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