World

How to Improve Your Sports Betting Strategy

Published

3 years ago

May 31, 2022

Millions of people bet on sports regularly, hoping to win big or at least make the next game more interesting to watch. There’s no way to guarantee positive returns in gambling, but there are some tweaks to your strategy that can improve the odds in your favor.

So what steps can you take to improve your sports betting strategy?

Use the Right App

First, it’s important to use the right app. There are many sports betting apps available, some of which are easier to learn and use than others. Choosing an app with transparent pricing, easily decipherable odds, and a convenient user interface can help you plan your bets better and execute them without any headaches.

We are also seeing the rise of unique sports betting apps that transform how people can bet on sports. Sporttrade, for example, allows users to trade in and out of sports bets the same way you might trade stocks. You can even place “limit orders,” setting your own price to minimize losses. This dynamic app gives you a much wider range of possibilities to use in your sports betting, thereby giving you more opportunities and more flexibility.

With the right app, you’ll have a much better understanding of the bets you’re making, more strategic options, and more information you can use to bet intelligently.

Hedge Your Bets

Investment advisors always caution people to diversify their portfolios, and there are many good reasons for this. In case you aren’t familiar with the term, portfolio diversification is all about investing in many different types of assets simultaneously, such as stocks, bonds, real estate, and precious metals.

This strategic maneuver reduces your susceptibility to volatility and practically eliminates the possibility of catastrophic losses. If one of your asset classes takes a dive, your portfolio remains intact and thriving because you have so many other asset classes to make up for it.

This principle should be applied to your sports betting strategy as well. Diversifying your bets, by betting on multiple different games and sometimes different outcomes, can reduce the likelihood of suffering major losses.

Study the Odds Carefully

Always take a deep look at the odds as they’re presented to you. Make sure you understand what these odds mean and how they translate to a potential payout. Do you believe the published odds accurately reflect the odds of one team winning over another? Look for discrepancies here to maximize your chances of placing a winning bet.

Back the Underdog (but Avoid True Longshots)

Underdogs have the odds stacked against them. That means they’re much more likely to lose, but it also means that if they win, your bet could come with a substantial payoff. Look for underdogs you truly believe in and bet on them; you’re probably going to lose many of these bets, but the ones that win can more than make up for the losses.

The only caveat here is that you should avoid true longshots. There’s a difference between an underdog and a team that has almost no chance of winning. Thousand to one payoff odds certainly sound attractive when you consider multiplying your bet by one thousand – but in 999 instances out of 1,000, you’re going to lose your money.

Focus on One Team at First

If you’re just starting out with sports betting, focus on only one team at first. This way, you’ll get to know the dynamics of the team, the individual players, and how they perform in different conditions. Once you become a de facto expert on this team, you’ll be much more likely to accurately assess their odds of victory and make more intelligent bets. As you get more experienced, you can expand to other teams.

Look for Details Missed by the General Public

Always keep an eye out for details that are missed by the general public. Does your team have a secret weapon that can lead them to victory?

Never Bet More Than You’re Willing to Lose

It’s a common piece of advice, but an important one. Never bet more than you’re willing to lose. No matter how sure you think the bet is or how confident you are in your decision, you always need to assume the worst-case scenario. If you lose this money, is it going to have lasting negative consequences for you and your life? Sports betting is still a form of gambling, so you need to be able to gamble responsibly.

There’s no surefire way to consistently make money with sports betting, but with the right strategic improvements, you can increase your odds of walking away with a positive return.

Keep in mind that this isn’t a transformation that happens overnight; it takes months and sometimes years for people to develop a sports betting strategy that works for them. Remain patient as you learn these lessons, and try to have fun in the meantime.

World

TRG Chairman Khaishgi and CEO Aslam implicated in $150 million fraud

Published

7 days ago

June 23, 2025

Jenny Jackson

In a scathing 52-page decision, the Sindh High Court has found that TRG Pakistan’s management was acting fraudulently and that Bermuda-based Greentree Holdings historic and prospective purchase of TRG shares were illegal, fraudulent and oppressive.

The Sindh High Court has further directed TRGP to immediately hold board elections that have been overdue and illegally withheld by the existing board since January 14, 2025.

In the landmark ruling, the Sindh High Court has blocked the attempted takeover of TRG Pakistan Limited by Greentree Holdings, declaring that the shares acquired by Greentree, nearly 30% of TRG’s stock, were unlawfully financed using TRG’s funds in violation of Section 86(2) of the Companies Act 2017.

“Having concluded that the affairs of TRGP are being conducted in an unlawful and fraudulent manner and in a manner oppressive to members such as the Petitioner (Zia Chishti), the case falls for corrective orders under sub-section (2) of section 286 of the Companies Act,” Justice Adnan Iqbal Chaudhry concluded.

The case was brought by TRGP former CEO and founder Pakistani-American technology entrepreneur Zia Chishti against TRG Pakistan, its associate TRG International and TRG International’s wholly-owned shell company Greentree Limited. In addition, the case named AKD Securities for managing Greentree’s illegal tender offer as well as various regulators requiring that they act to perform their regulatory duties.

The case centred around the dispute that shell company Greentree Limited was fraudulently using TRG Pakistan’s own funds to purchase TRG Pakistan’s shares in order to give control to Zia Chishti’s former partners Mohammed Khaishgi, Hasnain Aslam and Pinebridge Investments.

According to the case facts, the Chairman of TRG Pakistan Mohammed Khaishgi and the CEO of TRG Pakistan Hasnain Aslam masterminded the $150 million fraud. They did so together with Hong Kong based fund manager Pinebridge who has two nominees on TRG Pakistan’s board, Mr. John Leone and Mr. Patrick McGinnis.

According to the court papers, Khaishgi, Aslam, Leone, and McGinnis set up a shell company called Greentree which they secretly controlled and from which they started buying up shares of TRG Pakistan. The fraud was that Greentree was using TRG Pakistan’s funds itself. The idea was to give Khaishgi, Aslam, Leone, and McGinnis control over TRG Pakistan even though they owned less than 1% of the company, lawyers of the petitioner told the court.

This was all part of a broader battle for control over TRG Pakistan that is raging between Khaishgi, Aslam, Leone, and McGinnis on one side and TRG Pakistan founder Zia Chishti on the other side. Zia Chishti has been trying to retake control of TRG Pakistan after he was forced to resign in 2021 based on sexual misconduct allegations made by a former employee of his. This year those allegations were shown to be without basis in litigation that Chishti launched in the United Kingdom against The Telegraph newspaper which had printed the allegations. The Telegraph was forced to apologize for 13 separate articles it published about Chishti and paid him damages and legal costs.

After Chishti resigned in 2021, Khaishgi, Aslam, Leone, and McGinnis moved to take total control over TRG Pakistan and its various subsidiaries including TRG International and to block out Chishti. The Sindh High Court’s ruling today has reversed that effort, ruling the scheme fraudulent, illegal, and oppressive.

It now appears that Zia Chishti will take control of TRG Pakistan in short order when elections are called. He and his family are now the largest shareholders with over 30% interest. He is closely followed by companies related to Jahangir Siddiqui & Company which have over a 20% interest. The result appears to be a complete vindication for Zia Chishti and damning for his rivals Aslam, Khaishgi, Leone, and McGinnis who have been ruled to have been conducting a fraud.

TRG Pakistan’s share price declined by over 8% on the news on heavy volume. Market experts say that this was because the tender offer at Rs 75 was gone and that now shares would trade closer to their natural value. Presently the shares are trading at Rs 59 per share.

According to the court ruling, since 2021, shell company Greentree had purchased approximately 30% of TRG shares using $80 million of TRG’s own money, which means that that the directors of TRG Pakistan allowed company assets to be funneled through offshore affiliates TRG International and Greentree for acquiring TRG’s shares – a move deemed both fraudulent and oppressive to minority shareholders. The Sindh High Court also found illegal Greentree’s further attempt to purchase another 35% of TRG shares using another $70 million of TRG’s money in a tender offer.

The ruling is a major victory for the tech entrepreneur Zia Chishti against his former partners and the legal ruling paves the way for him to take control of TRG in a few weeks.