If you are new to the world of sports betting and want to know about odds calculation in sports betting, then you are in the right place. In this article, we are going to discuss about this important topic. Click here for ป๊อกเด้งออนไลน์.
How do chances of betting work?
Have you ever wondered how likely your team is to win the tournament? The quotas, those numerical values that appear on the lines, are the ones that will allow you to do the calculation. And, since there is no better way to understand it than using concrete examples, we will move on to it. Visit this site for บาคาร่า.
Probability: split 100 between the quota
It is very important in the first place to choose a safe and reliable bookmaker, which are the ones that usually have the best odds. We are going to review the odds for the La Liga champion. Suppose Barcelona pays @ 1.75. To calculate the probability, 100 is divided by the odds, which gives us the result that Messi’s team has a 57.14% chance of winning (100 / 1.75 = 57.14).
Gain
Let’s go with another example, now putting a specific case. Imagine that you are a fan of Everton, and you want to bet that it will be champion of the Premier League. Imagine that your quota is @ 16.00, so if you bet 1 euro, and he is a champion, you will win 16 euros. Now if you bet 100 euros, you will win 1600, and so on. In any case, you should not worry much about this equation, since on the pages that we recommend, once you fill in the box with your amount, the amount to win automatically appears.
Let’s analyze a match now
Let’s go with Manchester United vs Leicester Ciy. As we can see, there are three possible results: victory for Manchester, draw or victory for Leicester. If you bet 100 euros on the victory of Manchester, you multiply 100 x 1.45 and it gives us 145 (you recover the 100 bet and you add 45). You must make the same account with each event that interests you, always multiplying the amount by the chosen fee.
What else can we bet?
The traditional bet consists, generally, in betting on how a game comes out, if the local wins, the visitor or is tied. But there is a world of possibilities to choose from, including the number of goals in the game, also known as Over (more) and Under (less). Sometimes it happens that it is not clear how the game will turn out, but you trust that there will be many or few goals, so you should see the option “More” and “Less”. Let’s go with the example. Imagine that you think that in Manchester vs Leicester there will be 2 or more goals. Then you bet the +1.5 goals (1.30), which indicates that there will be at least two. The same, but vice versa for when you think there will be fewer goals, if you think there will be only one goal, then the fee that interests you is -1.5, which as we see, is paid @ 3.30.
