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You might be one people who loses many money regularly on sports betting. I have been there many times and from my experience it hurts so much to lose money. After many trials and errors, I stumbled upon the Key to successful betting. Am about to reveal to you this lucrative online business as the best and cheapest investment ever on the internet.
For those just starting out. Sports betting is all about betting against bookmakers. It really is quite distinctive from betting against other people the way many people do. It is also not the same as pools betting. Bookmakers are betting businesses that provide the platform for betting activities. They also provide the prices and expected winnings on each football match.
All you'll need to do is to look for the outcome of a particular match or perhaps a series of matches. You do not need to predict the exact score line. However there are bets in which you can predict the exact score line. The price per match will be decided by how hard or difficult it is. The easier the match, the lesser the potential returns. The harder the match, the bigger the potential returns.
Let use soccer (football) for illustration:
Assuming TEAM-A along with the league table desires to play TEAM-B who are at the bottom and out of form at home, all of us know there's a quite high likelihood that TEAM-A would win if in good form plus all of the advantages to their side. The cash you are expected to win if you bet TEAM-A will beat TEAM-B will be very small in fact.
On the other hand, if you say TEAM-B will beat TEAM-A, then the expected monetary returns could be high. It's going to be high also if you say it shall end in a draw.
Predicting that TEAM-B, the under-dog will beat TEAM-A, the odds could possibly be 4/1. That suggests that if you bet with $1 you will win $4 plus your initial $1 which makes your total earnings $5. I have used US dollars above as an example. Most bookies operate in Pound Sterling, dollars and Euro. So if you want to bet on it, what would you do? Start analyzing and seeing possibilities.TEAM-A to win at 2/7 simply means to win $2 you have to play with $7. You will need to ask yourself is it worth risking $7 to win $2? Or will you back the weaker TEAM-B to win at 4/1? You only need to put in $1 to win an extra $4. But will TEAM-B beat the stronger TEAM-A at home? The greater the risk the greater the potential returns, the lesser the risk the lesser the potential returns. That is where your football mind and knowledge will be needed.
Let's Understand Prices/Odds more using real excellent soccer (Suggested Web page) teams for example.
Take a look at this match within the fixture and price. Lets say Chelsea F.C. to beat Manchester City at home is priced at 2/5. That is you bet with $5 to win $2. That is an overall total expected returns of $7.
(Remember that the figure at the end is exactly what you stake with and the one in front is what you will win)
The match is 11/4 for a draw and 6/1 for an away win for Manchester City. It means 1/1. You play with $1; you win a further $1. You play with $100 you win one more $100.
Not all odds are written in fractions. As in not written like 3/1, 1/5, 4/9 and so forth. Some odds are written in decimals like 1.35, 2.42 etc. If you see 2.42, it simply means if you bet with one dollar, you will earn return of 2.42 dollars. Whatever figure is shown, it implies that it's what will be returned if you place $1. So you can calculate your expected earnings according to what you want to bet on.
Additionally there are the American Odds presented in form -110,+220,etc. The Decimal odds appear to be by far the easiest to calculate. The bookies (bookmakers) can know what sort of odds they are going to be using. Actually some bookmakers make it possible for you to choose the odd type that suits you. What ever Odd you use the result is the Same. On the other hand, chose only Odd type you are confident with.
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