At first glance, making money on bets is quite simple: you are rooting for your favorite team, you know exactly what will tear your opponent apart in the next match, and you want to earn some money without really straining yourself. You choose a favorite, place a bet mostbet uz mosbet com, watch the match and wait with interest for the outcome, and then, if your expectations are met and your favorite team wins, you take the money. It would seem that this is not a very difficult task, like arguing with a friend about the outcome of a match, only the bookmaker acts as a friend. However, in fact, the ability to place bets can be called a real art, because although the idea sounds simple, only people of an analytical mind who know how to make forecasts and calculate probabilities can predict the winner and beat the bookmaker.
It is worth paying tribute to the work of marketers who create massive advertising campaigns, where stars with smiles on their faces promise winnings even for beginners, inform about promotions and a 100% chance of getting easy money. This is an excellent job with emotions, because people who need money will definitely fall for the offer to get easy money. In fact, if you think logically, such a situation is absolutely not profitable for bookmakers: after all, if everyone they meet wins huge sums, then in a few months the company will completely go bankrupt. The goal of bookmakers is first and foremost to make money, so in order to create worthy competition for them, you should discard the tinsel that promises millions for nothing and become more familiar with the basics of betting, study the basic concepts and operation of bookmakers. People who make money by betting have long known that the only way to be in the black is to play by the rules, completely immersing themselves in the field of sports betting.
Who are bookmakers?
Before delving into the nuances of betting, you should clearly understand who bookmakers are and why this area even exists. In fact, everything is quite simple: every day in the world many people argue among themselves, proving that they are right and gathering an audience of onlookers hungry for impressions. And if everyday disputes are of no interest to anyone except the immediate participants, then disputes in the sports field are of great interest to a large category of people. When two teams enter the field, and the outcome of their match is unknown in advance, excitement awakens in people, they begin to argue among themselves and make predictions.
The bookmaker’s office is a kind of mediator in these disputes. Let’s say one man is a fan of Real Madrid, the other is a fan of Barcelona, both of them are confident that they are right and bet a decent amount on the victory of their favorite team. The bookmaker accepts this money, writes down the man’s predictions and waits for the match. When the results are already known, the owner of the correct prediction takes his money and receives a certain amount on top, and the second man loses his bet. The money of the losing man is divided between the bookmaker and the winning man, thus the bet pays off and the bookmaker is not offended.
How to bet on sports?
The process algorithm is quite simple, and is explained at all stages by representatives of the bookmaker company mostbet:
It is necessary to open a personal account in the selected bookmaker;
Go through the identity verification stage. Each bookmaker has its own approach to this process, which you can learn more about by contacting the hotline operators;
Make a deposit, that is, put the amount into the account;
Select the match and favorite you will bet on;
Familiarize yourself with the betting limits: for each match, bookmakers set a minimum and maximum threshold;
Decide on the amount you will bet while staying within the limits;
Wait for the outcome of the match;
If the forecast turned out to be correct, receive the money and withdraw it to the card. Usually the amount is withdrawn to the same card that was used to create the deposit;
Continue betting if you wish. But it is important to remember that if, at the end of the year, from 4,000 to 15,000 hryvnia were withdrawn from the account at least once, you must pay taxes.
Basic concepts in betting
If you decide to make money on bets, you need to familiarize yourself with the classic concepts that players and bookmakers use.
A bet is a prediction of a team’s winnings, which is backed by money. Online bookmakers also use the concept of “interactive bet”, which means the amount deposited by the player into the account. For example, if you deposited 1000 hryvnia into your account, the online bookmaker calls this an “interactive bet”, although in reality you can make many bets from these 1000 hryvnia. If you are very lucky and after several bets you turn the initial amount of 1000 hryvnia into a million, legally you still bet 1000 hryvnia. By the way, the account that is used for betting is called a deposit.
The most popular area for betting is sports, with the list of sports including more than 100 different types. In addition, you can bet on races, as well as on significant world events, for example, whether the English throne is destined to receive an heir.
The outcome is the result that the match can end in. Sometimes a synonym is used – “event”. For example, a team can win, lose, or a draw is declared between the opponents. These are already three different outcomes of the match. In addition, there are additional indicators, for example, how many goals a team will score: one, two, three, ten, or none. All these are also different outcomes of the match. And the more accurately the outcome of the match is predicted, the more expensive it is valued. Obviously, a person who simply bet on victory will earn less than a person who predicted the victory and the number of goals scored.
A line is the number of outcomes and their types, which the player can familiarize himself with before placing a bet.
The bookmaker publishes the results for each match on the website and can be viewed online. These can be the main outcomes (win, loss, draw), as well as additional outcomes, including many parameters: how many goals will be scored, whether there will be a penalty, what the final score will be, whether there will be a corner, etc. If there are many outcomes in a line, it is called a “wide line”; if there are few, it is called a “narrow line”. Often, the player independently chooses the number of parameters that will be taken into account in his bet.
A “match line” means a list of all likely outcomes for a particular match, and a “bookmaker line” is the collection of all match lines provided by a bookmaker. Sometimes the line refers to bets that are made in advance, even before the start of the match, and bets that are placed during the match are called “live”.
A coefficient is a certain percentage that a bookmaker assigns to a specific outcome of a match. Returning to the example of the two men who bet on Real Madrid and Barcelona, we remember that the winner received his money back, and with it the amount on top. It is the size of the amount on top that is determined by the odds set by the bookmaker.
For each match, the bookmaker sets a certain odds, which is the basis of his income. If the player loses, then most of the amount goes to the bookmaker, and the rest goes to the winner.
- Types of bets
- Depending on the selected parameters during the forecasting process, the name of the bet also changes. Bookmakers distinguish several main types of bets:
- Main line. As mentioned above, the main line is a bet on teams to win, lose or draw. At the same time, these forecasts can be combined with each other, making the so-called “double chance”. The victory of the first team is indicated by P1, the second team by P2, and a draw by X. The player can bet on the victory of the first and second teams, then his bet will look like “12”, the victory of the first or a draw – “1X”, the victory of the second or a draw – “2X”.
- Totals are types of bets in which additional parameters are selected: for example, the number of goals, fouls received and corners taken. If you bet “total over 2.5 goals”, then you expect the team to score 3 or more goals. If she scores 2 or less, you lose. You can bet both individual totals, taking into account the goals of only one team, and general totals.
- Handicaps or odds. In some cases, one team has more potential than the other and its victory is initially obvious. For example, if France plays against Cyprus, then with a high probability France will win this match. The odds for such outcomes are very small and betting on them is not particularly interesting, and betting on a weaker team is very risky and most often unjustified. But in this case, you can bet on a handicap, that is, by what margin France will win. This significantly increases the bet odds, for example, if you bet “handicap −2.5” and France wins by 3 or more goals, you are in the black. “Positive handicap” is the forecast with which a team will lose in this match. For example, if you set a “+2.5 handicap” and if Cyprus loses, but with a gap of 2 or less goals, you win. There is also a “zero handicap”, that is, a bet without a draw. If the team wins, the bet wins, if the team loses, it loses, and if the outcome of the match is a draw, then the bet will simply be returned to the account in its original form. In fact, if there is a draw and you bet on a zero handicap, you will not lose anything. A synonym for handicap is “Asian handicap”, and in general both concepts mean the same thing.
- Singles and express. The types of bets listed above are single bets, that is, bets on one outcome. If you place bets on several outcomes at once, this is called an express bet, and all odds are multiplied among themselves and increased. Let’s imagine that you decide to bet on matches that take place within the Champions League. At each stage, you place a separate bet on the team that, from your point of view, will win this round. If you bet two singles of 100 each with odds of 2.285 and 1.93, then if both teams win, you will receive 421.5 hryvnia. The calculation is done in a similar way: (100 × 2.285) + (100 × 1.93) = 228.5 + 193. The player’s initial contribution was 200, so his total winnings are 221.5 hryvnia. If one of the bets is a miss, the player will still receive money for the winning prediction, since they are not related to each other.
- In the case of express trains, things are different. Two different bets on several stages of the championship are combined and their coefficient increases (2.285 × 1.93 = 4.41). Consequently, if both teams win, the winnings are not 221.5 hryvnia, but 682. And despite the fact that express bets are obviously more profitable, they are also riskier, since the loss of only one team leads to the loss of the entire bet, in contrast from singles.
- Express bets for bookmakers are much more profitable, because if a gambler crams 10-20 different outcomes into one forecast, wanting to get rich by investing only 100 hryvnia, the risk of loss will be high, and the bookmaker company will remain in the black.
- System. The combination of different express bets in one bet is called a system, and such frauds are very difficult to keep in mind. Depending on the number of express trains and the complexity of the system, the coefficient is determined and, provided that all established parameters are met, you can significantly increase your winnings. However, such bets are very unreliable, because despite the great potential to win a significant amount, the risk still remains huge and in some cases completely unjustified.
Fixed games
First, it’s worth talking about scammers who offer to declassify insider information for a small fee. Often, such people appear in chats where players discuss their predictions for the match, and declare that the match is fixed and they managed to find out the final outcome in advance. For a nominal fee, they offer to help players raise money by pointing out the team that should win.
Naturally, a person has no idea who will actually win and this is just another way of cheating. If the forecast turns out to be incorrect, the person simply disappears, pretending that he was absolutely not involved in the bets. But if he guesses the forecast, then the players will gain confidence, they will run to pay money for forecasts for 5 matches in advance, and the person who received a significant amount of money out of nowhere simply disappears. Then he registers under a different name and goes to a new chat, and so on ad infinitum.
Despite the fact that divorce seems absolutely obvious, many people still fall for it, especially if there is a big stake at stake. But it should be remembered that if a person really knew the outcome of the match, he would first of all bet on it himself, and would not share information with the first people he met, even for a nominal fee.
Low odds
When calculating the odds, the bookmaker estimates the approximate probability of the event and then divides it by one. So, if the bookmaker believes that the probability of winning is 50/50, then the coefficient will be k = 1 / 0.5 = 2. If we start from this coefficient, then on average the players will remain at zero: half of their bets will double, and half will burn out. If the chances of a team winning are less than 50%, then for the most part the players will go into the red, but if it is more than 50%, then the bookmaker will go into the red.
It is logical that it is not profitable for the bookmaker to cooperate with players, while going into the red. And in order to make a profit, he needs to understand the sport and set the correct odds. Therefore, when calculating the odds for potentially winning matches, the bookmaker deliberately underestimates the odds so as not to go into the negative. And if, ideally, when a player loses, he remains at zero, in most cases the player still loses money. For example, if you bet 100 on two matches, and in the end one bet loses and the other wins – in theory, the person should remain at zero. But thanks to the bookmaker’s odds, they go negative and lose 15.
That is why express bets are more unprofitable than single bets, because the underestimated odds are multiplied among themselves and the bookmaker’s final winnings are much greater. Therefore, even if you mathematically calculate all the outcomes of the matches, you will depend on the bookmaker, who will decide whether you win or lose and by what odds.
Bonuses
Very often, by replenishing his deposit, the player receives part of the bonus money into his account. For example, you deposited 10,000 and received 10,000 bonuses. On the one hand, this looks like generosity on the part of bookmakers who share their revenue with players, but in reality everything is much more complicated.
Each bonus has its own rules and conditions, hidden under asterisks and written in fine print in the contracts. And if you carefully read the conditions, it becomes clear that bonuses are not a generous surprise, but a very unprofitable offer.
Thus, most bookmakers warn that before withdrawing bonuses from your account, you must wager them and place bets for a certain amount. This amount is called rollover. For example, if the rollover is twenty times the amount, then before withdrawing 10,000 you need to place bets on 200,000. And given that the odds are always underestimated, you go into the minus. When you win back 10,000, you give the bookmaker 15,000 and it automatically goes into profit.
In addition, you can’t place bonus money on all matches, and bookmakers often specifically remove obviously winning options from the list. And sometimes they impose a wagering limit on bonuses, and if you do not have time to wager it within a certain period of time, then not only the bonuses are burned, but also the winnings from the bonus money.
Previously, bonuses were a good way to earn money, but when professional players actively began to take advantage of this opportunity and go into the black, bookmakers tightened the rules, thereby protecting themselves from going into the red.
How to play for profit?
There are many traps along the player’s path, because of which he often goes into the red: charlatans promising accurate forecasts, low odds from bookmakers, scams with promotions, non-working guides and much more. Based on this, the question arises: is it even possible to play for profit, or is this an illusion skillfully thought out by bookmakers for their own earnings?
Unfortunately, if the bookmaker’s forecast is correct and the odds are too low, the chance is very low, because sooner or later you will still lose and the money you bet will not pay off. But there are professional players who call themselves “privateers” who independently calculate the outcomes of matches and if they see that the bookmaker’s odds are somewhere too high, they immediately place a bet and go into profit. But in order to really make money using this method, you need to be very well versed in sports, in mathematical statistics, and also constantly find errors, because one win cannot support you for years.
There is another method: you can look for inflated odds of bookmakers and compare them with the odds of competitors. Thus, by making opposite bets on several platforms, you can lose with one bookmaker, but win with another, and not only recoup the initial payment, but also become a profit. Such frauds are called arbs, and people who know how to make money in this way are called arbers.
But being an arber is not about making quick and easy money, because only a person with an analytical mind, a love of numbers and great knowledge in the sports field can become one of them. It is necessary to constantly stay one step ahead of the bookmaker, deftly protecting yourself from any scams and attempts by the bookmaker to spoil all the raspberries. And with all this, the final plus is only 3% of the bets placed.
There is a common practice when experienced arbers conduct paid lessons and teach players how to gain profit on bookmaker sites. But if earlier the profit was obvious and people could even earn an apartment by placing just a few bets, now the situation is completely different and the income of arbers has dropped significantly. You can find a person who will teach you all the basics for around 10,000, but most likely you will have to figure out all the tricks yourself. In addition, extreme caution should be observed in this matter: one mistake and the bookmaker will block the account. Don’t forget to change your IP address and clear your cookies on time.
To summarize, it is worth saying that the possibility of making money on sports betting really exists. But for this you need to be a professional in your field and be able to cleverly outwit the bookmaker without getting caught. The promised wealth for everyone is nothing more than marketing; in fact, only a few can earn large sums of money; for everyone else, sports betting is an expensive hobby.
If you still want to join the field of sports betting, you should remember a few basic rules that will more than once save you from losses:
- Don’t trust strangers who try to prove to you that they already know the outcome of the match;
- Experts do not help you win in bets, because the winnings and their amount depend only on the bookmaker and only the bookmaker makes the decision;
- The first deposit bonus is an illusion, not a generous gift. By carefully reading all the details written in small print and hidden in the depths of the site, you can be convinced that all this is a common scam;
- To make money on bets, you need to learn to see bookmakers’ mistakes and take advantage of them in time. At the same time, bookmakers will try with all their might to figure you out and take away all your income;
- Making money on bets is possible; it is a whole profession with its own nuances and pitfalls. Having gained experience and learned from professionals, you will be able to earn money on bets, while you will have to pay taxes;
- Sports betting can be a good hobby, but you won’t be able to become a billionaire just by betting well.
