Firstly you have to do is to decide what your maximum budget will be to bet. On the one hand if the budget is very high it may generate a personal bankruptcy, and on the other hand if it is too low, we will not see significant changes in our account. Following the rules of this article and setting the bets properly you will reduce the risks and losses as much as possible.
Setting all your money in a bet is not absolutely recommedable. Only the risk distribution in different betswill have a positive result. If you achieve to control completelly the tool of the website, you could know which betsare profitable in long term, in another words, which bets have a odds greater than the success probability, they are called value bet. Normally you canfind around 10 bets of this kind of bets in each game, the amount for each bet never will exceed the 5% of the total budget of our account.
Study which markets have the best odds, which teams create more value bets. Get expert in this kind of bets and try to find the bet value in every game distributing your budget the maximumas possible.
The probabilities for each event are from 0% (never happen) to 100% (sure bet).For example for the market Match Odds where the favourite is the home one, the probabilities could be the following:
| Home Victory |
65%
|
| Draw |
15%
|
| Away Victory |
20%
|
And if both teams usually score a lot of goals, the market Under/Over 2.5 may be the followin:
| Más de 2.5 goles |
60%
|
| Menos de 2.5 goles |
40%
|
The market probability must sum 100, through the odds tool you could figure out these percentages and the equivalent odds, later you can see how to convertfrom probability to odds and vice versa, how to convert from odds to probability.
| Stake | Odds | Income | Profit |
|---|---|---|---|
| Home Victory | 1.5 | 1.5 x 10 = 15€ | 1.5 x 10 - 10 = 5€ |
| Draw | 3.6 | 3.6 x 10 = 36€ | 3.6 x 10 - 10 = 26€ |
| Away Victory | 5.8 | 5.8 x 10 = 58€ | 5.8 x 10 - 10 = 48€ |
| Odds | Formula | Percentage |
|---|---|---|
| 2.05 | 1 / 2.05 x 100 = 48.8% | 48.8%
|
| 3.3 | 1 / 3.3 x 100 = 30.3% | 30.3%
|
| 3.6 | 1 / 3.6 x+ 100 = 27.8% | 27.8%
|
Once you have already controlled the relationship between odds and probability, the only thing you have to do is to use the stats calculator, choose the game you want to bet and find your value bets. The goal is to get a bet system that is profitable in long term.
Ideally the best thing is to be registerd in several bookmakers, as minimum 2 o 3, in order to be able to bet in the bookmaker which offers the best bet for each moment. You can see the best bookmakers in this link Bookmakers. The exchange bookmaker offer best oods than the traditional bookmaker, but offer less kind of bets.
