FOOTBALL WAGERING HINTS; KNOWING THE DIFFERENT PROBABILITIES SETUPS TO EARN MONEY

The prices offered by bookmakers in a wager can only be paid in chances. In general terms the higher the chances are the lesser the possibility of winning and the favored team might as well not partake in the match.


Various bookmakers in different nations give their odds in a variety of ways depending on their local traditions. Listed below are how odds is represented in different countries like the UK (fractional), European (decimal), US (money line) and the setups widely used in Asian betting markets in countries which include Malaysia, Indonesia, and Hong Kong consecutively.


In reality bookmaking, the chances are self-explainable. The capability to crack the probabilities to ascertain the wagering opportunities is the top secret in making money and it is important to understand the different odds layout to enable the player to make vital wagering.


Free bets also can be made as many betting organizations in various countries aim to promote their sites through advertisements to get bettors, an instance is in the UK where it is very common, you can bet for free and get your winnings easily a strategy used in thwarting other rivals.

Shown below is a chart for various odds formats. UK TO EUROPEAN TO US TO INDONESIAN TO MALAYSIAN TO HONG KONG

5/1=> 6.00=> +500=> +5.00=> 0.20=> 5.00 3/2=> 2.50=> +150=> +1.50=> 0.67=> 1.50 1/1=> 2.00=> 100=> 1.00=>1.00=>1.00 8/11=> 1.73=> -137=> +0.73=> 0.73 1/2=> 1.50=> -200=> +0.50=> 0.50

Note these hints

1. In the UK and Europe, their odds for any payouts higher than 1/1 and 2.00 are negative in Malaysian setups.

2. The US odds are very similar to that of the Indonesian, because it is divided by 100.

3. Be careful to note that in the Indonesian, US against Malaysian odds, its interpretation of positive (+) and negative (-) statistics is contrast to each other. An instance is US+ 500/Indonesian +5.00, in Malaysia is represented as -20; US -200/Indonesia -2.00 is Malaysian +0.50. And others.

KNOWING THE DIFFERENT ODDS REPRESENTATIONS

An illustration to understand this is, for instance, a football match between Chelsea against Manchester United at zero level and the chances were given is as shown; Game; Chelsea against Manchester United (level zero) and the chances showed in the setup below.

1

UK=> European=> Us=> Indonesian=> Malaysian=> Hong Kong

2

Chelsea to win=> 3/2=> 2.50=> +150=> +1.50=>0.67=> 1.50

3

Manchester United to win=> 8/11=> 1.73=> -137=> -1.37=> +0.73=> 0.73

It is crucial to note the variance between your cash out after a triumph and your gains, which is the winning bet subtracted from your wagering sum.





UK PROBABILITIES

Uk odds X your wager = your gains. Chelsea 3/2 (level zero) Manchester United 8/11 Supposing the wager was $100, it would be shown as; *supposing you stake Chelsea and won, your gains would be $150 *supposing you stake Chelsea and lose, your will lose $100 *supposing you stake Manchester and win, your gain would be $73 *supposing you stake Manchester and lose, you will lose $100


EUROPEAN PROBABILITY (DECIMAL)

European chances X your wager = your gain. Chelsea 2.50 (level zero) Manchester 1.73 Supposing the wager was $100, it would be shown as below; *supposing you wager Chelsea and won, your gain will be $250 (bonus gotten $150) *supposing you wager Chelsea and lost, you will lose $100 *supposing you wager Manchester and won, you gain $173 (bonus gotten $73) *supposing you wager Manchester and lose, you will lose $100




US PROBABILITY (MONEY LINE): Us odds are explained in positive (+) and negative (-) facts. The positive facts display the sum a person would get for a $100 wager while the negative figures show the amount a person must wager to win $100. Chelsea +150 (level zero) Manchester -137 Supposing the wager was $100, it would be shown as below; *supposing you wager Chelsea and you won, your gain will be $150 *supposing you wager Chelsea and you lost, you will lose $100 *supposing you wager Manchester and you won, you gain $100 *supposing you wager Manchester and you lose, you lose $137

MALAYSIAN PROBABILITY : In Malaysian odds consists of also the positive and negative facts. The positive facts are represented as the sum you would profit for a $100 wager. The negative depicts how much you would lose in gaining $100. Chelsea -0.67 (level zero) Manchester +0.73 Supposing the wager was $100, it would be shown as below; *supposing you wager Chelsea and you won, you gain $100 *supposing you wager Chelsea and you lose, you will lose $87 *supposing you wager Manchester and you win, you gain $73 *supposing you wager Manchester and you lost, you will lose $100

INDONESIAN PROBABILITY

The Indonesian odds are similar to US odds only if divided by 100. Chelsea +1.50 (level zero) Manchester -1.37 Supposing the wager was $100, it would be shown as below; .

  • supposing you wager Chelsea and you won, you gain $150
  • supposing you wager Chelsea and you lose, you will lose $100
  • supposing you wager Manchester and you win, you gain $100
  • supposing you wager Manchester and you lost, you will lose $137

HONG KONG PROBABILITY

Hong Kong odds X your wager = your gain. Chelsea 1.50 (level handicap) Manchester 0/73 Supposing the wager was $100, it would be shown as below; .

  • supposing you wager Chelsea and you won, you gain $150
  • supposing you wager Chelsea and you lose, you will lose $100
  • supposing you wager Manchester and you win, you gain $73
  • supposing you wager Manchester and you lost, you will lose $100

CONCLUSION

In conclusion, there are different types of setups and it can be confusing if first perceived, but it’s just a matter of moment before one can be expertly acquainted with it. And after the mastery of it, one may be able to conclude which format is best for the person in carrying out the betting business.