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How Double Chance bets are calculated?
submitted 11st March
what is the formula to calculate double chance bets?
Betfair API GitHub Code Samples
submitted 28th March
How to connect to a Betfair API? using Json request to get latest horse betting Odds and much more.
Tricks for live betting strategy | Make money on live football bets
submitted 17th July
Every self-respecting bettor must let himself be guided by his passion, thus trying to modify the possible bet according to the progress of the race and his feelings.
Top 3 Richest Footballer in the world in 2019 - Richest football player
submitted 15th July
Who is the Richest Footballer in the world in 2019 and have the most money as a football player, both earning and already earned sportsman?
What is Sport Arbitrage Betting? - Arbitrage Example & Meaning
submitted 16th May
Sport Arbitrage Betting card-playing is an activity where you place two different bets opposing each other while retaining a guarantee profit. Arbitrage Example will show how it works in betting.
World Cup - Qatar 2022 Host stadium
submitted 31st March
what are the host stadiums for the World Cup - Qatar 2022?
submitted 26th March
What is Ethereum? How can ethereum be used in gambling?
How to make money Gambling Online & Sports Betting | Matched betting
submitted 15th July
Can betting be a source of income & what technique to use to make money from Gambling Online and also make money from Sports Betting? Also how to make money matched betting and bet on no risk matched betting
Esports Betting Guide
submitted 8th April
Expert written guide to betting on eSports in 2020. So what are eSports? And how do bets on eSports work?
Asian Handicap Explained - Simple explanation on picture
submitted 15th May
Always tried to understand what is Asian Handicap in Betting, this article is a dummy guide to understand Asian Handicap in betting.
Football Odds Converter
Football Odds Converter, Bet Converter
Explanation for our Football Odds ConverterTo begin using the Football odds Converter you need to select with type of odds you need to convert. Once selected please enter the Odds value and press convert. The Result of the other odds type will be automatically calculated upon pressing convert. The data will be updated in the Football Odds Converter.
Why use an Odds Converter?Odds Converter are useful for any kind of bet either is a Single Bet or Accumulator bet. Odds Converter are useful also for any type of Odds (either Money line, Fractional or Decimal Odds).
Is Odds Converter and Bet Converter the same?Yes. Both an Odds Converter and Bet Converter are the same thing when talking in football terms.
Can a Bet Converter be used with Bet365 and Betfair Bookmakers?Yes of Course. Any bookmaker either William Hill, Bet365 or Betfair Odds can be used to convert any type of odd.
Fractional oddsFavoured by bookmakers within the uk and eire and customary in racing, divisional odds quote world wide web total which will be paid dead set the winning gambler relative to the stake.
The term "fractional odds" are some things of a name, particularly once visually bolstered by employing a slash (as hostile, e.g., a colon or the word "to" or "on") to separate a possible gain from the quantity that a gambler should wager so as to receive it upon a win, as a result of the "fraction" in question represents not possibilities|the percentages} of winning or maybe the reciprocal of the chances of winning however rather the fraction of the quantity at stake that the side outcome represents.
This fraction is also derived by subtracting one from the reciprocal of the possibilities of winning; for any odds longer than "even cash," this fraction are going to be an improper one. Odds of 4:1 ("four-to-one" or less normally "four-to-one against") would imply that the gambler stands to form a £400 profit on a £100 stake. If the chances area unit 1:4 (read "one-to-four", or else "four-to-one on" or "four-to-one in favor"), the gambler stands to form £25 on a £100 stake. In either case, against or on, ought to he win, the gambler forever receives his original stake back, thus if the chances area unit 4:1 the gambler receives a complete of £500 (£400 and the first £100). Odds of 1/1 area unit referred to as evens or maybe cash.
Not all divisional odds area unit historically browse exploitation rock bottom common divisor. maybe most uncommon is that odds of 10:3 area unit browse as "one-hundred-to-thirty".
Fractional odds are referred to as British odds, UK odds or, in this country, ancient odds.
Decimal oddsFavoured in Continental Europe, Australia and New Zealand, decimal odds take issue from fragmental odds by taking under consideration that the gambler should 1st give up their stake to create a bet; the figure quoted, therefore, is that the winning quantity that may be paid dead set the gambler.
So, the decimal odds of the outcome ar such as one and the decimal price of the fragmental odds; within the absence of inbuilt house advantage to hide overhead, profit margins, or (for contraband enterprise) compensation for the very fact that each possibilities of prosecution and penalties within the event of conviction tend to be higher for bookmakers than for shoppers, the decimal odds related to a given outcome would be the decimal expression of the reciprocal of what the giving party assesses to be the outcome's likelihood of occurring.
Thus, even odds 1/1 ar quoted in decimal odds as two. The 4/1 fragmental odds mentioned higher than ar quoted as five, whereas the one/4 odds ar quoted as 1.25. it's thought of to be ideal for stake dissipated as a result of the percentages to be paid out ar merely the merchandise of the percentages for every outcome wagered on.
Decimal odds also are called European odds, digital odds or continental odds and have a tendency to be favoured by dissipated exchanges as a result of they're the best to figure with for mercantilism, during this case the acquisition and sale of upper side and draw back risk.
Moneyline oddsMoneyline Odds are used mainly in North America and also known as American Odds. Everyone makes moneyline bets while not even knowing it. Even non-gamblers create moneyline bets.
card-playing the moneyline for a game is presumably the foremost easy thanks to wager on sports. Bettors simply opt for a player or team to win. If the better chooses the winning aspect, the sportsbook pays the quantity due. It’s extremely that straightforward.
There’s no purpose unfold with a moneyline bet. Bettors ar simply choosing the winning aspect. whereas putting a wager is straightforward, attempting to know however the moneyline pays can be a touch difficult. either side of every moneyline wager ar paid on a distinct schedule which may create this type of bet confusing.
The favorite team or player on the moneyline is that the team that’s expected to win. This aspect of the bet sometimes listed with a minus (-) sign.