Ways to Compete With a Bookmaker

Bookmakers magnet attracts millions of people from all over the world, most of whom want the thrill and easy money. Advertising betting presents betting as an easy way to get rich thanks to its knowledge in sports.

However, the reality is not as beautiful and carefree as advertising. A game in betting shops consists of many nuances that do not affect the result. And only the knowledge of these details allows us to understand how to correctly bet on sports and consistently win in betting shops.

Secrets of bookmakers

Almost every novice player who wants to figure out how to make money on sports betting, looking for online betting shops secrets in the hope of finding some mistakes in the work of bookmakers or secret methods of sports betting. If you have a lot of free time, you can continue the search.

In reality, there are no secrets, and bookmakers also do not make mistakes, because the companies have professionals in their field, each miscalculation for whom is very expensive. Therefore, even if there are any errors in the work of bookmakers, they are very quickly eliminated. Nor is it a fact that you will be paid money earned due to a software failure.

In general, if you were looking for a way to make sports bets and constantly make a profit without the risks, we have to upset you – free cheese only in mousetrap. It is necessary to take risks in any case, but this does not mean that it is impossible to raise money on sports betting. You can, you need only patience and desire.

Why are bookmakers always in black?

The main secret of the success of bookmakers is margin. However, this has long been no secret, but the well-known principle of the work of bookmakers. If you want to understand how to win at sports betting, you need to grapple with this concept and we will help.

Margin – the pledged percentage in odds, which guarantees the betting companies income at any result of a sporting event. Before we proceed to the consideration of the margin, take a few steps back and find out how the odds for a particular match are generally formed.

Initially, bookmakers analysts study the event, assessing the chances of teams. The probability of each outcome is determined on the basis of statistics and a number of other factors: injury, form, motivation, and so on. Having calculated the probability, they translate it into odds.

Let us consider the example of the final of the Champions League Real – Liverpool. According to analysts, the probability of winning Real Madrid is 40%, a draw – 30%, a victory for Liverpool – 30%. In order to translate the probability in the odds, you need to divide 100 by the probability index. We get the following: Home – 2.50, X – 3.33, Away – 3.33.

The next step is to predict the movement of money. Simply bet, learn public opinion. Based on their experience and audience preferences, the bookmakers will underestimate the quote to the Real win, since the majority will bet on this team, and overestimate on a draw, as very few people make bets on this outcome.

Taking into account the predicted movement of money, the odds will be as follows: Home – 2.38, X – 3.57, Away – 3.33. Consequently, they will correspond to the probabilities of 42% – 28% – 30%. It is important to note that the primary task of the bookmaker is to forecast the movement of money, and not to determine probabilities.

But in betting shops you will never see the Home line – 2.38, X – 3.57, Away – 3.33 for this match. After all, it does not guarantee profit to operators. They lay the margin in the odds, and only after that the match appears in the BS and becomes available for betting.

The real odds for this fight after adding the margin will look something like this: Home – 2.30, X – 3.40, Away – 3.20. And now we translate these quotes into probability, dividing 100 by the odds. And we get the following figures: 43.47% – 29.41% – 31.25%. Sum up these probabilities and get 43.47 + 29.41 + 31.25 = 104.13%.

The final result is 104.13%, and ideally it should be 100%. Thus, margin – an additional percentage of probability embedded in the odds. In this case, the margin is 4.13%. The higher it is, the lower the quotes are, respectively, the player’s potential profit is lower.

How to get a mathematical advantage over a bookmaker?

After reading the previous paragraph, you learned that it is quite difficult to earn money on sports betting because of the margin – the mathematical advantage of the bookmakers. And this is not to mention the superiority in awareness and knowledge – bookmakers know more information and they understand sports better than 99.9% of players. For these reasons, bookmakers make millions of profits every year. But there is a way to make them share – you need to learn how to bet on sports with inflated odds.

Imagine that at the outcome of Home in the Chelsea – Southampton match, a factor of 1.60 is given. Would you bet on Chelsea to win? Probably yes. Since the probability of winning this team is quite high, and the odds for this outcome are not bad. And if on Home there was a quote of 1.40? In this case, many would refuse the bet, and they did the right thing.

Everything depends, of course, on the specific situation, but in our example the probability of a Chelsea victory is 70%. This probability corresponds to the odds 1.43. Anything greater than this value is worthy of attention, and if lower, it is unprofitable in the long run.

In order to figure out how to bet on sports and be in the black, it is very important to understand that the odds are inversely proportional to probability. When we say that the probability of winning Chelsea is 70%, we mean that in 7 out of 10 matches, if moved to a larger long-range plane, Chelsea will be able to beat Southampton. By making 10 bets with an odd ratio of 1.40 $1 each, we lose $3 and win 2.80. The result – minus 0.2 dollars.

In that case, if you bet with a factor of 1.60 on this fight, then we lose the same 3 dollars, but the gain will be 4.20. The result – plus 1.20 dollars. This is all, of course, conditional, but the principle is clear – you need to bet on sports online for inflated odds. That is, the probability reflected by the odds must be lower than the real probability of the occurrence of this event. Such bets are called currency, and in the long run they give the player an edge over the bookmaker.

Win-win sports betting strategies

Immediately it should be noted that there are no win-win strategies that allow you to play on sports betting and not lose. This rule is important to remember if you seriously want to raise money on bets. All the gold and super profitable strategies that are offered to buy by different sites on the Internet – dummy. Wasting money and time.

There are exceptions to every rule, and here too is the strategy of arbs. In theory, this is a win-win strategy for sports betting, and the only one known to date. It is win-win, but with its risks. Many players know how to make money on betting in betting shops with arbs, and skillfully use it. You can also try, but there are no guarantees, especially since bookmakers do not favor arbers and ruthlessly cut their maximums.

In general, strategy – the most important and integral attribute of a player. Each better must use a certain strategy, which first of all allows you to competently manage the bank and organize the bets. The player must clearly understand how best to bet on sports, what outcomes to choose and how much to bet in a particular case. The strategy provides discipline, without which there is nothing to catch in betting.

Bookmakers bet: how to understand?

Since bookmakers are interested in getting more people involved in the game, the process of betting is as simple as possible – from registration to betting. Everyone can deal with how to bet on sports, everything is very simple. Choose a BS, register on the site, replenish the account in a convenient way and bet on any event.

How to bet on sports via the Internet and win is another question. If you can register and deliver everything, then few succeed in making a profit, especially over the long term.

It is necessary to learn, pump over your analytical skills, learn about sports as much as possible, watch matches, study analytical materials, test different strategies. And only with time you will understand how to bet in bookmakers and earn. Betting shops – not charitable organizations, you need to earn your profit by titanic efforts.