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You may 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 going to reveal to you this profitable online business as the best and cheapest investment ever playing online football gambling agency (site web).
For anyone only starting out. Sports betting is all about betting against bookmakers. It really is quite distinctive from betting against other people the way most people do. It's also distinctive from pools betting. Bookmakers are betting companies 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 don't need to predict the exact score line. Although you'll find bets where you can predict the exact score line. The price per match will be determined by how hard or difficult it really 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 on top of the league table wishes to play TEAM-B who are at the bottom and out of form at home, most of us know there's a quite high likelihood that TEAM-A would win if in good form plus all 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 flip side, if you say TEAM-B will beat TEAM-A, then the expected monetary returns would be high. It's going to be high as well if you say it shall end in a draw.
Predicting that TEAM-B, the under-dog will beat TEAM-A, the odds may very well 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've used US dollars above being 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 will need to play with $7. You'll need to ask yourself is it worth risking $7 to win $2? Or shall 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 higher the potential returns, the lesser the risk the lesser the potential returns. Which is where your football mind and knowledge will be needed.
Let's Understand Prices/Odds more using real soccer teams for example.
Take a look-at this match in 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 also the one in front is exactly 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 an additional $1. You play with $100 you win an additional $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 is what will be returned if you place $1. So you can calculate your expected earnings based on what you want to bet on.
There's also the American Odds presented in form -110,+220,etc. The Decimal odds seem to be by far the simplest to calculate. The bookies (bookmakers) can determine what kind of odds they're going to be using. Actually some bookmakers allow you to choose the odd type that suits you. Whatever Odd you use the result will be the Same. On the flip side, chose only Odd type you are confident with.
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