There isn’t any limit to how much money you may make in online Sports Betting. Just how successful you become will depend fully on your own little efforts.

You might be one those people who loses lots of money regularly on sports betting. I have been there often 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 lucrative online business as the simplest and cheapest investment ever over the internet.

For those just starting out. Sports betting is about betting against bookmakers. It really is quite not the same as betting against others the way almost all people do. Additionally it is different from pools betting. Bookmakers are betting businesses that provide the platform for betting activities. They also provide the costs and expected winnings on each football match.

All you need to do is to discover the outcome of a particular match or possibly a series of matches. You do not need to predict the exact score line. Though you will discover bets the place you can predict the exact score line. The cost per match will be determined by how hard or difficult it’s. The easier the match, the lesser the potential returns. The harder the match, the higher the potential returns.

Let use soccer (football) for illustration:

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

On the other hand, if you say TEAM-B will beat TEAM-A, then the expected monetary returns could be high. It shall be high as well 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 means 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 will you do? Start analyzing and seeing possibilities.TEAM-A to win at 2/7 simply means to win $2 you should play with $7. You need to ask yourself is it worth risking $7 to win $2? Or will 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 greater the risk the higher the potential returns, the lesser the risk the lesser the potential returns. That is where your trusted safe football – content – mind and knowledge is needed.

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

Take a look at this match within 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.

(Remember that the figure at the end is exactly what you stake with as well as 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 a further $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 is what will be returned if you place $1. So you may calculate your expected earnings based on what you want to bet on.

There’s also the American Odds presented in form -110,+220,etc. The Decimal odds appear to be by far the simplest to calculate. The bookies (bookmakers) can determine what sort of odds they will be using. Actually some bookmakers allow you to choose the odd type that suits you. What ever Odd you use the result will be the Same. On the contrary, chose only Odd type you are at ease with.