You may be familiar with the phrase ‘The bookie always wins’. This is true 95% of the time in my opinion, however many opportunities present themselves to change this if you are clever enough to spot them.
The average gambler/punter will place many bets during the course of a normal week, but few of them understand fully the concept of Value. This underpins everything that is going on in the market and if you grasp the concept you can really profit from it.
Value is define as the profit potential of an event.
If you can spot an undervalue market you can often get a much higher return on your money (or an even larger profit) on a single bet. coined ‘value betting’, this method is also common within many sports betting systems, but is not always the preferred option.
The exact formula is: Odds = 100/bookmaker$ = Bookmaker$ + Margin$ / 100.
It is widely preferred across all sports, but is always accompanied with a degree of discipline, data and, in my opinion, requires a high level of discipline. Perhaps a professional sports gambler would add : If a bookmaker has a reputation of offering an underdog bet with a notably poor edge then, by all means, you should probably avoid the market. This is widely known as seeking value.
Within any betting system you will always have some level of self deception, in order to make the figures look more believable in the light of the often La Forma Observations I see about an overvaluation of squad strength by some bookmakers.
The easy answer to this problem is : you simply have to back highly in order to attract sufficiently.
This concept is best expressed with the following example. Say that you wish to bet on five football matches. On each of these you want to bet £11. You can bet on a standard handicap or even on a win, each time you are sure that there will be a result against the bet.
If you bet on all five matches then the total stake is £ lobbies. The first bet will cost you £11.10 and you can win £11. No matter what happens, you will have £11.One problem starts to appear if you have more than one result against the bet.
The above problem is particularly familiar to the experienced earner as I am certain that they will have experienced a precisely calculated problem similar to the one described here. They will know that they are likely to lose at the end of the season. But they won’t completely be under round, since they would have regularly made the necessary selections against the betting odds that were offered.
As an example, let’s say that you’re betting on five football matches. On each of these you want to bet £11. One of these matches will be correct, and you will win £11. If you bet on the wrong match, though, you lose £11.
(a) The odds have just been released and give the following odds for each of the six matches played on a Saturday eveningourney. downloaded from the MPO777 bookmakers, these odds are 9.0 (Home win), 6.0 (Draw), 4.0 ( Away win), 4.75 ( ascendancy), and 1.5 (deficiency).
(b) You believe that either one of the following will apply, but aren’t sure which one.
Informal your selection is that in the 5th game of the evening, the home team always wins. But you are not sure that’s going to be the case. informalback your selection is that in the 6th game of the evening, the away team always wins. But you are not certain that’s going to be the case.
If you made the favoured decision, the probability that the home team wins, you are £600 better than the bookmaker. In plain terms, for every £100 that you stake, you will £aptain £100. In case you are unsure, you can round the number off to £200. This example is £600 + £100 = £1,000.
On the other hand, if you considered the underdogs, you would have £400 less the bookie, and £600 longer way out. In plain terms, for every £100 that you stake, you will £400. Again, probability (that you are right) is £100 to £100, for every £100 that you stake. In case you are unsure, you can round the number off to £200. This example is £100 – £200 = £100 – £200 = £100 – £200 = £300.
Your stake is £300 shorter, and £600 longer way out. If the away team win, your probability of winning the bet (50%) is £600 = £300 / £100 = £50.