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law of small numbers sports betting

The Law of Small Numbers in Sports Betting

One of the many means by which bookmakers make a profit is punter error. Following the law of small numbers is one of the most glaring of these errors, yet most bettors either don’t know what it means or don’t give it a second thought.

188Bet Exits UK and Ireland

188Bet Cites “Commercial Decision” for Abrupt UK Exit

UK and Irish punters were left feeling frustrated after online betting site suddenly announced its exit from the British gambling market. 188Bet has so far given no reason for the abrupt exit beyond it being “a commercial decision in a very competitive market.”

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