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Zero Risk Bets 

Zero Risk Bets

Welcome to Zero Risk Bets the only programme you will ever need to "beat the bookies"

Did you know that outside of gambling, chance is more commonly known in percentage terms, for example if you were to toss a coin then there would be a 50% chance of it landing on heads and a 50% chance of it landing on tails.

All possible outcomes in any event will add up to 100% .

If you were to roll a 6 sided dice, there would be a one in six chance of any one number coming up, this could be expressed as 16.66% (six possibilities divided by 100%).

Most bookmakers give punters the choice of which type of odds they want to use. Odds are quite simply a reflection of the probability of a certain outcome in a race. Every outcome has a chance of happening and the odds are simply an interpretation of those chances which the bookmakers form odds to reflect those possibilities.

Bookmakers use odds as opposed percentages, decimal odds are commonly used in Europe and are also known as European odds. To convert chances into decimal odds just take the chance as a % and divide into 100. For example if you think a horse has a 20% chance of winning then 100/20 = 5.


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Some winners, some losers and a whole lot of frustration.

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January 25, 2015
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