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You could be one people who loses plenty of money regularly on sports betting. I’ve been there many times and from my experience it hurts so much to lose money. After many trials and errors, I stumbled upon the Key to successful betting. Am going to reveal to you this profitable online business as the easiest and cheapest investment ever on the internet.

For all those just starting out. Sports betting is all about betting against bookmakers. It’s quite distinctive from betting against others the way a lot of people do. It’s also not the same as pools betting. Bookmakers are betting businesses that provide the platform for betting activities. They also provide the prices and expected winnings on each football match.

All you may need to do is to look for the outcome of a particular match or a series of matches. You do not need to predict the exact score line. However there are actually bets where you can predict the exact score line. The price per match will be decided by how hard or difficult it is. The easier the match, the lesser the potential returns. The harder the match, the bigger the potential returns.

Let use soccer (football) for illustration:

Assuming TEAM-A on top of the league table wishes to play TEAM-B who are at the bottom and out of form at home, all of us know there is a extremely high likelihood that TEAM-A would win if in good form plus all the advantages to their side. The cash you are expected to win if you bet TEAM-A will beat TEAM-B will be very small in fact.

In contrast, if you say TEAM-B will beat TEAM-A, then the expected monetary returns could be high. It shall be high also if you say it will end in a draw.

Predicting that TEAM-B, the under-dog will beat TEAM-A, the odds could be 4/1. That suggests that if you bet with $1 you will win $4 plus your initial $1 that makes your total earnings $5. I have used US dollars above being an example. Most bookies operate in Pound Sterling, dollars and Euro. So if you want to bet on it, what would you do? Start analyzing and seeing possibilities.TEAM-A to win at 2/7 simply means to win $2 it is important to play with $7. You will need to ask yourself is it worth risking $7 to win $2? Or shall you back the weaker TEAM-B to win at 4/1? You only need to put in $1 to win an extra $4. But will TEAM-B beat the stronger TEAM-A at home? The higher the risk the higher the potential returns, the lesser the risk the lesser the potential returns. That is where your football mind and knowledge will be needed.

Let’s Understand Prices/Odds more using real soccer teams for example.

Take a look-at this match in the fixture and price. Lets say Chelsea F.C. to beat Manchester City at home is priced at 2/5. That is you bet with $5 to win $2. That’s a total expected returns of $7.

(Always remember that the figure by the end is exactly what you stake with and also the one in front is what you will win)

The match is 11/4 for a draw and 6/1 for an away win for Manchester City. It means 1/1. You play with $1; you win yet another $1. You play with $100 you win a further $100.

Not all odds are written in fractions. As in not written like 3/1, 1/5, 4/9 and so on. Some odds are written in decimals like 1.35, 2.42 etc. If you see 2.42, it simply means if you bet with one dollar, you will earn return of 2.42 dollars. Whatever figure is shown, it means that it really is what will be returned if you place $1. So you may calculate your expected earnings based on what you want to bet on.

Additionally there are the American Odds presented in form -110,+220,etc. The Decimal odds seem to be by far the simplest to calculate. The bookies (bookmakers) can know what kind of odds they will be using. Actually some bookmakers make it possible for you to choose the odd type that suits you. What ever Odd you use the result will be the Same. In contrast, chose only Odd type you are confident with.