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There is absolutely no limit to the amount of money you can make in online Sports Betting. Just how successful you then become will depend entirely upon your own little efforts.
You may be one those individuals who loses lots of money regularly on sports betting. I have been there often 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 on the web.
For anyone just starting out. Sports betting is all about betting against bookmakers. It’s quite not the same as betting against other people the way many people do. It’s also distinctive from pools betting. Bookmakers are betting companies that provide the platform for betting activities. They additionally provide the costs and expected winnings on each football match.
All you will need to do is to determine the outcome of a particular match or a series of matches. You don’t need to predict the exact score line. However there are actually bets in which you can predict the exact score line. The cost per match will be determined 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 (excellent football (these details)) 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, we all know there is a very high likelihood that TEAM-A would win if in good form plus all of the advantages to their side. The money you are expected to win if you bet TEAM-A will beat TEAM-B will be very small in fact.
At the same time, 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’s going to end in a draw.
Predicting that TEAM-B, the under-dog will beat TEAM-A, the odds could possibly be 4/1. That means that if you bet with $1 you will win $4 plus your initial $1 that 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 will you do? Start analyzing and seeing possibilities.TEAM-A to win at 2/7 simply means to win $2 it is important 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 higher the potential returns, the lesser the risk the lesser the potential returns. That’s where your football mind and knowledge is required.
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’s a total expected returns of $7.
(Always remember that the figure at the end is 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 a further $100.
Not all odds are written in fractions. As in not written like 3/1, 1/5, 4/9 and so on. 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 really is what will be returned if you place $1. So you may calculate your expected earnings in accordance with what you want to bet on.
There are also the American Odds presented in form -110,+220,etc. The Decimal odds seem to be by far the best to calculate. The bookies (bookmakers) can evaluate which kind of odds they’re going to be using. Actually some bookmakers permit you to pick the odd type that suits you. Whatever Odd you use the result is the Same. On the other hand, chose only Odd type you are comfortable with.
