What is the \”Hatrick\” in Betting?

A ‘hat-trick’ is the achievement of making a series of consecutive successful (wins) bets. A ‘Hatarick’ is therefore somebody who makes a lot of winning bets and is reputed to be a ‘good guesser’. It is a rather unusual surname, though one that we see spelt out in gold on the shirts of some golfing legends. It is quite a common Scottish surname, which is often (but not always) anglicised to ‘Hatters’. It is likely that the name derives from a 16th century custom where young men would wear a hat made from straw to indicate they were ‘fresh’ and had not yet ‘ripened’ (become mature). Some commentators believe that the term ‘Hatteras’ is the original form of the hat-trick, with this being the winning of a series of consecutive wagers (‘Hatteras’ is an old name for Hurricane Island in the Bahamas).

Since the early part of this year and for the foreseeable future, the markets have been very good to bettors who have been fortunate enough to predict most of the big events that have occurred. As a result, we have seen many people making a lot of money and establishing themselves as reliable forecasters. For those who want to continue playing, who want to get involved in sports betting but have never quite managed to get going, or who want to get better at picking winning odds, the best thing to do would be to look to the examples set by those who came before. A Hatarick’s career thus far can serve as a case study to follow and learn from. This article will introduce you to the world of the Hatarick and tell you something of the craft that makes a successful bettor.

Theory Of The Matter

Before we begin our exploration of the making of a Hatarick, let us first set the scene by considering the general theory behind sports betting and odds. As a general rule, the odds will always favour the home side in any sporting event, be it in Tennis, Golf or Cricket, unless there is a clear disparity in the abilities of the two sides. For instance, in Cricket, Victoria will often be a 10-3 advantage against Tasmania, primarily due to the fact that the former is quite a better team than the latter.

To begin with, one should always bet on the side that is considered to be the favourite. This is because, for the most part, the bookmakers have set the odds on a favourite and will always prefer to win their money back, rather than lose it. The reason for this is that the bookmakers consider the odds to be in their favour since they have to offer the betting public a sufficient number of horses to make the sport socially acceptable. In some instances, this can lead to considerable sums of money being wagered on a single event. For example, in the 2018 Japanese Grand Prix, which was held on 19 August 2018, there were £24.5 million on the payout table with 13 horses running for a total of 800 metres. If we were to extrapolate this figure to include all five races that weekend, the amount of money wagered would total almost £100 million, which is certainly a huge sum of money to be placed on one event!

The fact that the public are engaged in wagering on sporting matters suggests that there is a market for sports wagering, which is very much loved by the general public. In the United Kingdom, for example, £12.6 billion was bet on over 60 sport events in 2018.

The Making Of A Hatarick

To see how a Hatarick is made, let us begin with a short history of the game of betting in general. The first recorded instance of sports betting was in 7th century AD Brundisium, where horse racing was introduced. As with all sports, the idea of using the formula to bet on sporting events emanated from the gambling community, with the sports betting formula first appearing in print in 1762. The term ‘Hatarick’ was first used to describe an Englishman by the name of Col. Thomas Hatter (he added the s to his surname to qualify as a Hatter). He was a sportsman, gambler and horse owner and became wealthy from his interests in these three sports. Colonel Hatter started a colony at New Brunswick in Canada and is therefore sometimes referred to as ‘The First of the Hatters’.

A Hatter will be fortunate enough to make a ‘hat-trick’ on a bet when all the points add up to a 16-card flush or straight. This is due to the fact that all the cards will line up in a perfect row on the betting table. A perfect row of cards will thus return a 9 win, 10 win or 11 win accumulated sum for the player and bookie. As with all gambler’s luck, Lady Luck will sometimes favour the gambler who is playing correctly. Due to the fact that the sports betting formula was created and is therefore based on gambler’s luck, it is generally considered to be very unlucky to play the formula sports wagering wise. There are several phrases used to describe someone who is fortunate enough to make a hat-trick on a bet, including ‘born again’, ‘converted man’ and ‘born into a better trader’.

To see how a Hatarick is formed, let us next explore the science of picking winning odds. Like all skilled gamblers, a Hatter will base his decision on the performance of his previous bets and use this information to formulate a view of the outcome of a particular event. As a general rule, the odds will always favour the home side in regard to sporting events. The reason for this is that most people will always have a natural dislike for sporting events compared to non-sporting events, which is reflected in the sports tickets that are sold and popularity of sponsorships in sport. Additionally, the favouritism towards the home side often dictates that the favorite will win in the end, thereby increasing the odds in favour of the home sides. The high number of home sides is thusly attributed to the fact that the odds are usually set in their favour. Naturally, there are exceptions to every rule but, insofar as picking winning odds is concerned, the above will hold true generally speaking.