There’s a story I read recently where somebody claimed that at one time, in one bookmaker’s statistics, there were 8 bets that almost assured the gambler of making a profit. In the course of placing these bets, 8 nearly certain bets were registered.
I hate to burst anybody’s bubble, but nearly every one of those nearly certain bets did not return the original stake. Even four out of the eight bets did not return the placed stake. Not one of the nearly 8 bets did. Yikes, by the time the ninth bet was placed, the gambler was basically even. He was even able to add to his original stake by placing the tenth bet. But, the trade off was that he lost his rule of 8 bets and his one bet at 1 to 1.
Nevertheless, everybody who places bets on a soccer match dreams of that one bet that makes them twice their money or even more, yet they lose almost all of them. Why is that?
To understand, we need to clarify the nature of betting. Anyone can place a bet. It’s not illegal to gamble, but it is illegal to handle betting for a profit. Nevertheless, it is legal to gamble, if all of the above conditions are met.
Those who profit from thefootball bettingin some way are professional gamblers, aka bookies. They exist to make money from betting in a way that guarantees them a profit whatever the outcome of the event is. Bookies do not generally participate in the actual betting. They use different betting markets and manipulate the odds to make money regardless of the outcome.
Typically, the core group of bookmakers consists of a small number of individuals, who space out bets over a number of matches. These individuals determine their odds, thus the basis for their income and their existence. Therefore, if you wish toarrelect from the dominobet, you will have to space out your bets over a larger number of matches. This method is much better than betting in a one-off basis.
How are we sure that the individuals who participate in the bookmaking do make money in the long run? As I have already stated, the overwhelming amount of individual matches that are wagered on results in the bookmakers, and the fact that the same individuals frequently participate in the same market, strongly suggest that the individuals in the bookmakers’ staff are aware of the ability of the teams to change the conditions of the game, and are prepared to spot any opportunity that might advance that interest. In the event that an individual bet changes the market conditions, the individuals at the bookmaker’s staff will likely spot this and will wish to have a copy of the bet for future reference. All reputable bookmakers have a staff of specially trained individuals whose job it is to spot opportunities in the market that have a better than average chance of occurring. They are well versed in all of the markets that areitable in any given period and are prepared to hotspot any profitable market as soon as they spot it.
In conclusion, there are numerous lessons to be learned from the football betting. vegas performance is the same as other matches, but individual matches do not normally repeated. Therefore, you cannot offer the same odds for a future event as you would in an event that was a repeat. recognise that the team who are at home will win the match, as the home advantage creates a negative betting scenario, even if the home team are not very good.
In the event that a home team wins often, the match is still worth wagering on, as the away team’s chances are reduced, which brings the bookmaker’s prediction closer to the money.
This doesn’t always work, as the home advantage can quickly disappear and leave the punter in a losing position. Therefore, it’s important to check the trend and the history of home and away teams since the 1970s, in order to get an idea of whether a team is more likely to win away or at home.