Calculations And Quotas In Sports Bets

Calculations and quotas in sports bets

Introduction

Sports bets: probabilities and how to calculate the quotas. Sports bets have been for many years, but their best time is happening now. There are currently platforms to bet everywhere, their advertisements have flooded the media and even sponsor sports equipment or tournaments. And it is that the passion for sports was mixed with the enthusiasm for bets with a special ingredient: the possibility of betting from anywhere in a simple way is possible thanks to the internet.

Developing

We know that thousands of people daily join a platform to bet on the search for fun and, above all, money using their knowledge in sports matters. If you are one of those people who want to start in the world of sports bets, but you have no idea how they work, here you will find everything you need to know before starting to play. Here you will learn how to make a bet, your chances of winning.

How the probabilities and many other things are calculated that will be of great help to start on a sports platform. How to make a sports bet? We start explaining how to make a sports bet. Let’s go step by step with each of the details that must be followed. The first thing you have to do is have an active account in a place to bet online and, in addition, have money on it. Registering on a site to bet is very simple, you just have to fill out a registration form and in minutes you will be ready to bet.

After you do all that and log in to your account, you go to the section where all available sporting events appear.

On the left side you can find a list that is distributed as follows: the main tournaments, are those in which most people bet; And for sports, selecting a discipline will display a list of the countries of the available markets. You press click on the country and the list of tournaments will appear and within those tournaments the available matches of the day.

Seeing the available matches you can perform the analysis of which parties betting taking into account the fees of each of the types of bets. If, for example, it is football you can bet on: winner of the match, total goals, low or high, half -game winner, total corner shots, total yellow or red cards, total faults, who scores first, what star player will be highlighted, among other points. With those bets you can: make direct bets.

A single selection and can be made before or during the game; Combined, maximum 25 forecasts and you must all hit; and bet, systems, maximum 9 forecasts and has the margin of error of failing in a forecast. You make the forecasts you want, enter the amount you want to bet and go. What are the chances of winning in betting houses? What are the chances of winning on a platform to bet, it is one of the many questions that people are asked. 

The key is to know how to calculate the quotas. To learn, it will be best to be attentive to some examples. Suppose Juventus has a fee that pays 1.75, to calculate the probability, it must be divided by 100, giving a result of 57.14. Those are the chances of winning that forecast with Juventus. Another example that can serve: at the beginning of a tournament the platforms to bet usually offer a type of commitment of who will be champion. 

Suppose Sevilla participates and has a fee of winning the 16.00, this means that if you bet 1 dollar you will earn $ 16, and so on. The same calculation can be taken with the other bet options: draw, goals, among others. It should be noted that the more they pay the fees, the lower the chances of winning, since the highest quotas have those bets that are not favorite. There are many types of probabilities.

The platforms to bet use them depending on the country where they operate and work policy. Here we will mention the types of probabilities in sports bets. Fractional probabilities. This type is the most used in England and Ireland. It is written as follows: 3/1. And it means profits/bet. For example, if you bet 1 dollar you would earn $ 3. Decimal probabilities. This type of probability is the most common on European sports platforms. 

If, for example, the probability is 5.0 means that if you bet 1 dollar you would earn $ 4, your reimbursement would be $ 5. Moneyline or American probabilities. This is the type of probability that sports platforms that work in the American continent usually use. It is handled with negative and positive figures. If the bet is negative, for example, -400 and bets $ 400, the profit would be $ 100. And if the quota is positive: +400 and bets $ 100, you would be winning $ 400. 

conclusion

The best formula for calculating profits if you want. This is all you need to know how to understand how quotas and probabilities work on the platforms to bet or online casinos that have an betting section.