The battle between the sports betting provider and the customer
Sports betting and how to place a bet in Betin. Each betting tip turns into a little battle between provider and customer. Ultimately, it's all about who can best rate the sporting event in question. The bookmaker determines the quota for a certain outcome of the game, to which the sports bettor can respond with his hint. Customers usually take a defensive starting position. Sports betting rules and ultimately the possible odds of winning are always indicated by the betting provider.
The bookmaker always has an advantage
Bookmakers always have an edge because they are entitled to betting sovereignty. The Bookmaker's specialists accurately assess gaming events and calculate the odds based on the probability of the result. These offers may or may not be accepted by customers.
It should be noted that bookmakers usually have an edge. The mathematical margin is already included in the odds. The best providers currently operate with a 93% to 96% ratio. In our experience, clients can only eliminate this plus with specialized knowledge and experience. A smart sports betting strategy is of course helpful too.
Typical sports betting advice
Next, we want to give a precise explanation of sports betting using two examples. At the same time, we want to highlight the difference between two-way and three-way rates.
3 way bet
Three-way offers are mostly known from football. But in the same way, you can bet on hockey or handball. In fact, it is always a victory, a draw or a defeat. For an accurate explanation of sports betting, let's take the best Bundesliga match between VfL Wolfsburg and FC Augsburg with the original Interwetten betting offer. Let's say three friends have completely different views on the game. Each fan guesses his own outcome with a ten euro bet. In our example, we assume that the Bundesliga match ended 2: 1.
2-sided tip
With double-sided bets, there is usually no draw. You can always answer the offer of bets by winning or losing. Alternatively, there are other betting options in the frame area that can be explained as over / under, even / odd, or yes / no. Tennis betting is undoubtedly the most popular among bookmakers in the 2-way segment. Here we also want to take an example from the Bet365 portfolio. In particular, we focused on the ITF game in Cairo between Hana Mortaji and Lisa Marie Maatchke. Here we also assume that two sports bettors are making opposite bets. We expect the victory of the favorite Hana Mortaga.
Sports Betting Explained: Combination Bet
Combo bets are very popular, especially among amateur players. The good news here is that profits can be hugely increased by increasing the odds. However, the disadvantage is that the wrong bet selection results in the loss of the entire bet. Below is an explanation of sports betting for a combination of tips for the Bundesliga with four games:
- VfL Wolfsburg - Augsburg, tip: 1, odds: 1.85
- Ingolstadt - Hamburg, hint: 2, odds 3.30
- Werder Bremer - Bayern, tip: 1, odds: 12.00
- RB Leipzig - 1890 Hoffenheim, hint: 2, odds: 4.80
If a sports bettor wants to complete his receipt, all four German House of Lords matches must effectively end in a draw. For example, if only FC Bayern Munich gets the top three in Bremen, the entire ticket is lost.
The rate is calculated as follows:
1.85 x 3.30 x 12.00 x 4.80 = total odds 351.65.00 x bet € 10 = potential winnings € 3,516.48.00
This small example alone shows the potential of sports betting.
Using examples from football and tennis, we simultaneously showed two of the most important disciplines among bookmakers. However, with the best suppliers, customers can now choose from over 30 sports.