Exactly how wagering odds operate

Bet Calculator

Dutching is the process of betting on more than one selection during the same event, so that no matter which selection wins, a profit can be made. This should not be confused with arbitrage, which involves betting on all possible outcomes of an event, so that a guaranteed profit is generated. This is only possible by using several bookmakers and only for a few events. If you’ve already studied the basics of sports betting well enough, now is the time to dig deeper into the most popular betting strategies. We explain to you how to successfully place sports bets with the right strategy and what to look out for. The favoured odds format in Europe, Australia, New Zealand and Canada.

AH (-0.75) – the bet is won if your team wins by two or more goals. A win by only one goal results in a win of the 50% of the stake and a void of the rest o it. Asian handicap AH (-1.25) – the so-called quarter asian handicap.

But as over/under 1.5 goals, there can only ever be win or lose, thus simplifying the bet. And obviously if it finishes with lots of goals, e.g. 3-1, 2-2, 4-0, you will also win your bet. Up to your first £40 of losses will be refunded as CASH within 24 hours of qualifying bet having been settled. With a good grasp of how to understand odds, what they mean, and how they represent probability you’ll be well on your way to becoming more successful at betting. Understanding odds is just the beginning, getting to grips with the large amount of bookmakers odds on offer is another task in itself. Thankfully we have websites such as OddsHunter and OddAlerts available to us.

We will now explain in more detail how it works, plus look at strategies for winning money from the over/under 1.5 market and the potential pitfalls of betting on it. All betting odds are correct at time of publishing and are subject to change. UNDERSTANDING how odds work is fundamental to being successful at betting on football, horse racing or any sport.

So, if a punter placed a stake of £1 on this bet and it was successful, they would receive £1.98 back, achieving a profit of 98p. An accumulator bet is made up of several individual wagers grouped into one large bet. You must win all the individual bets in the wager to win an accumulator bet.

Implied by this definition is the fact that the probability of an event is given by the ratio of favourable outcomes to the total number of possible outcomes. The probability of an event is different, but related, and can be calculated from the odds, and vice versa. The probability of rolling a 5 or 6 is the fraction of the number of events over total events or 2/(2+4), which is 1/3, 0.33 or 33%. You can also use under 1.5 goals bets in your accumulator too – either mixed in with other over 1.5 goals bets, or as a small acca of just under 1.5 goals bets.

Leave a Reply

Your email address will not be published. Required fields are marked *