Month: July 2007

How bookmakers calculate odds

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How bookmakers calculate odds

The first thing you need to know is the fact that bookmakers 1xBet prediction always compose odds to enable them to make money for any outcome.

As well as do it as follows 1xBet prediction app:

First, analysts and experts assess the real possibility of a certain outcome. For example, take a football match between 1xBet prediction Chelsea and Tommy. It really is clear that Londoners are favorites. The likelihood of the results is estimated on the basis of analytical (mathematics, probability theory) and heuristic (expert opinion) methods. Assume that the opportunity of Chelsea winning is 80%, a draw – 15% and Time’s triumph – 5%.
Then the bookmakers calculate the odds. Because of this, the system is divided because of the percentage of probability obtained 1xBet mega jackpot prediction. That is, the chances of winning Chelsea may be 1.25 (1 / 0.8), a draw – 6.6 (1 / 0.15) and a victory for Tome – 20 (1 / 0.05). Of course, if BC puts such coefficients in its line, you won’t get any profit. The 3rd step will be based upon this 1xBet mega jackpot prediction.
The real coefficients that are formed in the last step are intentionally underestimated. In our example, they’re going to look something similar to this: 1.15 – 6 – 15. If you translate this back to percentages of probability, you receive 86% – 16% – 6%. As a whole, it turns out not 100%, but 108% 1xBet prediction tips.
Bookmakers determine their profit 1xBet prediction tips. Within our example, this might be 8% (108% -100%). It is called a margin within the 1xBet free prediction world (the essential difference between the actual probability and also the one which the bookmaker has determined). And if this indicates too small to them, the coefficients are underestimated even more so that the distinction between the actual probability plus the one they calculate and put in line is desirable. Of course, bookmakers are 1xBet registration guided by competitor’s 1xBet free prediction, so as to not function as greediest office.

1xBet mega jackpot prediction rules
There is another interesting nuance within the calculation of betting odds 1xBet prediction jackpot. It consists when you look at the proven fact that the odds of winning a favorite are always underestimated more than the others. Let’s get back to our example 1xBet jackpot prediction.

As you remember, the following coefficients were obtained 1xBet prediction jackpot:

Real 1.25 – 6.6 – 20.
Compiled by BC 1.15 – 6 – 15.

1xBet prediction strategies for newbie
Guess that the total amount of bets is 1000 dollars and 90% of this money falls from the victory for the favorite, this is certainly, Chelsea and another 5% for the draw as well as the triumph of Time 1xBet online prediction. It turns out that when the “pensioners” win, BC will have to pay 1,035 dollars (900 * 1.15).

If you have a draw, then 300 (50 * 6) and when Tom defeats Chelsea, 750 (50 * 15). Within the last two cases, the web profit of BC is going to be 700 (1000-300) and 250 (1000-750) 1xBet online prediction.

1xBet online prediction site
Therefore, the office needs to further reduce the possibility of winning a favorite 1xBet sure prediction.

For example, if you put the coefficient 1.05, as it happens that in case there is victory the bookmaker can give 945 dollars, and 55 will require it for him 1xBet sure prediction.

The bookmaker can be in profit of 1xBet match prediction
So now you understand how 1xBet prediction tomorrow calculates the chances of an outcome 1xBet match prediction. It’s time to uncover a couple of tips for reading the line. In this regard, the question arises of how to pick a coefficient in the bookmaker, that is, where to find a coefficient that will enable one to win significantly more than the remainder 1xBet today prediction.

One thing is actually for sure: don’t choose unknown and illegal bookmakers. Needless to say, determine exactly which bookmaker has the highest odds 1xBet mobile predictions.