Online Sports Betting is a great way to make a lot of money. Your efforts will determine how successful you are.
OK! It’s possible that you are one of those people who regularly loses a lot of money on sports betting. It hurts so much losing money. I know this because it has happened to me many times. After many trial and error, I finally found the key to successful betting. I am about to share with you the most profitable online business ever.
Sports betting
This is the best place to start. It is betting against bookmakers that is the essence of sports betting. This is very different than betting against other people, which most people do. It’s also very different from pool betting. Bookmakers provide the platform for betting activities. They provide information about the expected winnings and prices for each match.
You only need to decide the outcome of a match or series of matches. It doesn’t matter what score you predict. There are some bets that you can predict exactly the score line. How difficult or easy the match is will determine how much it costs 무료스포츠중계. The potential returns are lower for matches that are easier. Higher potential returns are possible for matches that are more difficult.
For illustration, let’s use soccer (football).
TEAM A is the top league table team and wants to play TEAM B, who are the bottom and out-of-form at home. We all know that TEAM A would win if they were in good form and have all the advantages. In fact, the amount of money you can win by betting on TEAM-A to beat TEAM-B is very low.
If you predict that TEAM-B will defeat TEAM-A, the expected monetary returns are high. If it ends in a draw, it will also be very high.
Okay. Let’s get on with it.
If you predict that TEAM B, the underdog, will defeat TEAM A, your odds of winning could be as high as 4/1. This means that you can win $4 if you wager with $1. Your initial $1 will also be worth $5, which is $5 more than your initial $1. As an example, I have used US dollars. Bookies usually operate in Pound Sterling, Dollars and Euro. What would you do if you wanted to place a bet? You can start analyzing and looking for possibilities. TEAM-A to Win at 2/7 simply means that to win $2, you must play with $7. To win $2, it is worth risking $7. Will you choose to back the weaker TEAM B to win at 4/1? To win $4 more, you only need to invest $1 Will TEAM B be able to beat TEAM A at home? The potential returns are greater for those who take greater risks. However, there is less risk for lower potential returns. This is where you need your football knowledge and mind.
Let’s understand prices/odds better using real soccer teams as an example.
This match is in the fixture. Let’s say Chelsea F.C. To beat Manchester City at home, the price is 2/5. This means you can bet $5 to win $2. This is an expected return total of $7
Remember that the figure at your end is what is at stake and the one in front will be what you win.
It is 11/4 for a draw, and 6/1 for Manchester City’s away win. It is 1/1. Play with $1 and you will win an additional $1. If you play with $100, you can win $100 more.
There are other types of odds…
All odds can be written in fractions. This means that not all odds are written in fractions, such as 3/1, 1/5 and 4/9, etc. Some odds are written in decimals like 1.35, 2.42 etc. If you see 2.42 it means that if you place a bet of $1, you will receive a return of 2.42 dollars. Any figure shown means it will return $1, regardless of what it is. You can then calculate your expected earnings based on what you place.
You can also find the American Odds in forms -110,+220 and so forth. Decimal odds are the easiest to calculate. Bookmakers (or bookies) can decide what type of odds they will use. Some bookmakers let you choose the type of Odds that you like. The result doesn’t matter what Odd type you choose, it will be the same. Choose the Odd type that you feel most comfortable with.