Online Sports Betting has no limits on how much you can make. Your efforts are what will make you successful.
It’s OK! There are many people who lose a lot of their money betting on sports. I know from personal experience that losing money is very painful. I discovered the secret to successful betting after many failed attempts. I’m about to tell you how this profitable online business can be your easiest and most cost-effective investment.
Sports Betting
For those just starting. You bet against the bookmakers when you are sports betting. It is not like betting against other people as most people do. It is also distinct from pools betting เว็บแทงบอลออนไลน์. Bookmakers are betting companies that offer the platform for wagering activities. They also offer the prices and expected wins for every football match.
All you have to do is determine the outcome in a given match or group of matches. You don’t need to know the exact score. You can still predict the exact score line with certain bets. How difficult or simple the match is, will determine its price. The lower the match’s difficulty, the higher the potential returns. The potential returns for a match that is difficult are higher.
As an example, let us use soccer (football).
TEAM–A is the top team in the league and wants to play TEAM–B. They are out of form at their home games so we know there is a high chance that TEAM–A would win. It is unlikely that you will win any money betting TEAM -A will defeat TEAM -B.
The expected monetary returns will be high if TEAM -B beats TEAM -A. If the game ends in a draw it will also have high monetary returns.
Okay. Let’s move on.
These odds are possible to be 4/1 if you predict that TEAM–B, the underdog will beat Team–A. You will win $4 and $1 respectively if your first bet was $1. This makes your total earnings $5. To illustrate, I used US Dollars. Most bookies work in Pound Sterling or Euro. You can bet on it if you wish. Begin to think about the possibilities. To win $2 at 7/7, Team-A must have $7. Ask yourself if it’s worth risking $7 just to win $2. Or will you bet on the weaker team-B to win at 4/1 To win an additional $4, all you have to do is put in $1. What about TEAM-B at home? Will it be stronger than TEAM-A? The greater the risk, greater the potential rewards. The lower the risk, greater the potential benefits. This is where your knowledge and football mind are needed.
Let’s learn more about prices and odds by using real soccer players as an example.
Take a look below at the price and fixture for this match. Let’s take Chelsea F.C. Priced at 2/5 is Manchester City beating Chelsea F.C. To win $2, you need to bet $5. It is estimated that $7 in total returns will be achieved.
(Remember that the figure at or near the end is what your stake with and that the one in front is what will win.
The odds of a draw are 11/4, while Manchester City wins away at 6/1. It’s 1/1. You can play with $1 to win $1 more. When you play with $100, $100 wins $100.
Other kinds of Odds…
However, not all odds can be written using fractions. It does not mean that you cannot write 3/1, 1/5 or 4/9 in fractions. Some odds are written in decimals like 1.35, 2.42 etc. If you see 2.42, this simply means that if one dollar is bet, you will get return 2.42 dollars. It does not matter what figure you see, as it represents the return that you would get if $1 is placed. The following table will show you how to calculate your expected earnings for each type of wager.
Also, the American Odds are available in forms like +110,+220, etc. Decimal odds appear to be the easiest to calculate. The bookies (bookmakers), can choose the type of odds they will use. You can choose the odd type you like, though some bookmakers will not allow this. No matter what Odd number you choose, the end result will be the Same. You should choose only the Odd type which you feel comfortable with.
Types of Bet
Sport books offer many different bets that will suit your specific needs. The three most common types of bet are the 1X2 (three outcomes and Home Draw Away), 12 (only two outcomes, win or lose), 1X, 2X (Win/Draw), and Not Draw. Other extended betting types include: Number of Goals, Half/Full Times result, Odd/Even amount of goals. Asian Handicap. In-play or live betting. The exact score line. Although sports such as boxing, tennis, and others have limited betting options, soccer offers the most.
