In the UK, there are 6,219 bookies and 175 online sports betting sites. These huge numbers, drawn from regulatory returns by Statista<, highlight how insanely popular gambling has become across the island. Some people still prefer the traditional betting shops, while others like to gamble using their iPhones and Androids. Whichever side of the party you’re on, everyone has the same goal: beat the bookies
Some deem this to be “mission impossible” and have given up. However, smart bettors have realised that you can actually use gambling tools to win more bets and get the results you want. In many cases, these gambling tools are even available for free, so using them to your advantage is a complete no-brainer. It’s important that you use the right tools, though, which is where this guide is going to help.
5 Gambling Tools to Beat the Bookies Today
The number one tool you need to use for betting is a poisson calculator.
You can use a poisson calculator> for free on BettingTools.co.uk, an expert gambling site that provides people with different gambling tools to use. All you have to do is navigate to the “Tools” section, where the Poisson calculator is available.
Normally, people use poisson calculators to predict the final result of a game. For example, you could use a poisson calculator to understand the odds of an away team potentially winning against Manchester City in the Premier League. Make sense? Great
Essentially, poisson calculators enable you to find an edge on sportsbook odds and place bets with realistic chances of winning, which is the ultimate aim shared by sports bettors. And luckily, using this type of calculator is easy. You don’t need a mathematical background, degree in rocket science, or anything like that, so don’t worry.
➡️ Open the online Poisson calculator
➡️ Enter the expected goals for the home and away team
➡️ Wait for the Poisson calculator to produce the probabilities for you /p>
For example, let’s say that Manchester City (Home) are playing West Ham (Away). Manchester City have 3 expected goals and West Ham have 1 expected goal. After entering the expected goal amounts, the Poisson calculator would tell you that the odds of Manchester City winning are 83%. If you were looking for a safe bet to place, you could then place a wager on Manchester City to win and score 2+ goals.
⭐ Siméon Denis Poisson was a famous French mathematician in the 19th century. He was the one who developed the statistical technique known as Poisson distribution, which uses a model to understand the probability of sporting events happening within a specific time frame
A matched betting spreadsheet is a spreadsheet you use to keep track of your matched bets.
If you didn’t know already, matched betting is when you (smartly) take advantage of free bets offered by multiple different providers, such as bet365, Sky Bet, and others. The objective is to cover all outcomes of a possible event so that you can remove the element of luck and guarantee a profit.
Now, because this can get quite complicated, it’s important that you know how many accounts you’ve registered with different sportsbooks and where your money is currently sitting. Thankfully, matched betting spreadsheets make this easy. Plus, some online spreadsheets even have matched betting calculators, which can be used to automatically calculate the profit you’d make from a matched bet after you’ve entered the odds, free bet amounts, and other relevant information.
It’s highly recommended that you use an odds converter
In the world of sports betting, there are three main types of odds: fractional, decimal, and moneyline.
Most sportsbooks make their odds available in all of these formats. However, some stick with one specific type. For instance, American sports betting sites almost always use moneyline odds. If you don’t understand moneyline odds, you’ll find them to be confusing, which then causes a problem. This is where an odds converter saves the day.
With an odds converter, all you have to do is enter the odds and they will be instantly converted into your preferred format. Here’s an example. Let’s say that you want to bet on a hypothetical NFL Super Bowl final between the Kansas City Chiefs and Detroit Lions. In this example, the Kansas City Chiefs are listed with +200 odds on most US sportsbooks. If you then converted these odds, they would look like:
➡️ Fractional Odds: 2/1
➡️ Decimal: 3.00
🤞 Implied Probability: 33.3%
By having the odds converted to what you’re familiar with, you can then clearly understand them and place bets with more confidence. After all, even the most experienced of bettors sometimes get confused by the different types of odds, which is why having an odds converter ready on your PC or mobile is always helpful.
It’s easy to forget that almost all major gambling sites, from online casinos to sportsbooks, take commission from your wins. Normally, this commission will be anywhere from 2% to 5%. Although it’s only a small amount, it’s still a significant portion of money that you miss out on, so it’s a good idea to minimise the money you lose by using a commission calculator. The way this works is that the commission calculator automatically deducts commission from your winnings when you compare odds across different sizes. Once the commission has been deducted, you then know which site has the most profitable odds.
Lastly, there’s a new type of betting tool you should also look to start using: tip accounts on X. Previously known as Twitter, X is home to hundreds of different tip accounts that provide followers with gambling tips and tricks to follow. These accounts are run by experienced bettors who know how to land the big money, so what they’ll do is send out tweets instructing people which games (and in-game events) to place bets on. They will also advise you which sportsbooks to use based on how favourable the odds are, so that’s helpful, too.
Final Thoughts
Over the coming decade, online gambling is going to become even more popular. This is supported by Statista, who state that the number of users in the online gambling market is likely to reach 281.3 million by 2029. And with so many people entering the gambling industry, the importance of gambling tools is going to skyrocket. This is why now is a good time to familiarise yourself with the different tools available, including Poisson calculators and odds converters, so that you can master the art of betting and give yourself the best possible shot at placing winning bets.
