When it comes to football betting, many punters believe that it is luck that makes them win bets. In this case, it is important for punters to understand that luck influences their short-term betting in one way or the other. A punter may win several bets consecutively. But does this mean that the punter is lucky or skilled in football betting? It is vital for puntersalways to assign probabilities to their bets because winning several bets consecutively does not always indicate a sign of improved betting. Basically, the relationship between a bettor and a bookmaker is based on the odds that are priced up by the latter and the opinions of the former regarding the true value of odds calculation.