Anyone involved with sports betting will agree with me: it’s rare to find a shrewd, clued-up expert who’s willing to ‘spill the beans’ and reveal their profitable methods.

With that in mind, I am pleased to introduce a genuine betting enthusiast, Joshua Jacobs, who’s going to be teaming-up with LTO by providing fr.ee, high-quality betting advice on a weekly basis.

The lessons Josh teaches are good ones… and this first contribution from him is no exception.

So, without further ado… put your hands together and give a rousing Lay The Odds welcome to our latest addition, Joshua Jacobs.

Take it away, Josh…

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What Derren Brown Can Teach Us About Making Money From Sports Betting.
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Derren Brown has been getting major publicity in recent weeks. In his latest stunt, he (supposedly) predicted all six numbers of the national lottery.

Naturally, he refrained from revealing how he predicted these numbers… but during the programme, Derren did mention a ‘psychic phenomenon‘ that can help us make money from sports betting.

What is this ‘psychic phenomenon’ I’m talking about?

It’s a theory developed in the 19th century by Francis Galton — a theory called ‘the Wisdom of Crowds‘.

Simply put, ‘the Wisdom of Crowds‘ suggests that the collective wisdom of a crowd will generally lead to very accurate, almost-exact predictions.

As the story goes, Galton was shocked to find that a county fair crowd had accurately guessed the weight of an ox when their individual guesses were averaged (the average was closer to the ox’s true butchered weight than the estimates of most crowd members, and also closer than any of the separate estimates made by cattle experts).

That example was no one-off, either….

Think about the show ‘Who Wants To Be A Millionaire?‘, for instance: how often are the contestants given the right answer when they choose to ‘ask the audience’? Virtually every time, of course!

How does this relate to betting? Good question — the answer lies with betting exchanges…

You see, if nothing else, betting exchanges are simply a massive crown of people collectively predicting a team, player, or horse’s chance of winning.

The odds on Betfair are driven by the supply and demand of many punters with a strong interest in backing or laying a particular event.

Studies that span over thousands of sporting events have confirmed that the odds on Betfair have an accuracy of over 99% in representing the true probability of that outcome happening.

In other words, the odds on Betfair have shown to be a very reliable indication of what the true odds of an outcome should be. When you combine this with the commission deductions, contrary to popular belief, Betfair can be tricky to profit from (like with most rules, there are exceptions, which is why some laying systems can produce consistent profits — why these exceptions exist and how to identify them will be a topic for another time).

For this reason, I only now use Betfair for laying and trading.

When it comes to backing, I find it’s more profitable to accept that the odds on Betfair are generally spot-on and compare those odds with the odds of the bookies to find value bets.

You can take advantage of this by finding opportunities where bookmakers offer odds on horses that are significantly higher than the odds available on Betfair. These opportunities present themselves on a daily basis and I’m speaking from personal experience when I say this method works.

… And that’s what Derren Brown can teach us about profitable sports betting.

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Betting System Test Results
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Alongside my weekly articles, I also want to update you with live test results of betting systems and tipsters.

I’m currently searching for a variety of systems/tipsters to start testing on a daily basis over a 4-week and will be revealing the results to you each week (the good AND the bad) once testing begins.

In the meantime, I have a generous and exclusive offer for you — an offer that I’m only making to you and other members of this newsletter.

Let me ‘splain…

When I launched the Betting Profits Formula last year, I had a certain number of copies that I was looking to release and, afterwards, I closed the site down to protect the methods for existing customers.

Since the site was closed down, I have refused to sell any further copies (this is even despite some people pleading with me via email)… until today.

You see, to celebrate the first of (hopefully) many of my weekly newsletters I have decided to make the Betting Profits Formula available to you… and at a huge discount.

Previously, the Betting Profits Formula sold for $197 (£120), but as a member of this newsletter, I’m going to slash the price dramatically and sell it for just £37.

This is simply a goodwill gesture on my part to mark my first of these weekly newsletters.

If you’re not interested, then that’s absolutely fine with me — this is only a gesture (definitely NOT a hard-sell) and the copies that are available will be grabbed quickly anyway.

On the other hand, if you are interested in taking advantage of this bargain, simply visit the link below to find out more…

Betting Profits Formula

… And that’s all from me for today — stay tuned next week and the weeks that follow… I have some great content lined-up for you.

Have a good one,

- Joshua Jacobs.

PS. If you have any comments, experience or feedback about the wisdom of crowds theory, just click on the comments button and add your feedback.