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The Oilers have odds of 2. Finally, we come to Fractional odds, which are typically used in the UK and Ireland. As we mentioned, the calculation is a little more difficult. Multiply your bet by the top number, then divide the figure by the bottom number.

Another common thing to see when using an odds payout calculator is an implied odds option. This means, the odds correlate to the probability of a certain team winning, or outcome happening. Using the example from before, a favorite has roughly a A betting calculator can also assess the value of a bet by calculating the vig. There are hundreds of independent websites offering betting calculators, just search on Google.

Generally, no. But it really depends on which site you access the calculator from at that time. No, not normally. Some sportsbooks offer a calculator as part of the service. If not, bettors can find a site online and use that one.

Not at all. It can be. It can mean nothing. It really depends on the bettor and their own preferences. The purpose of a sports betting calculator is to indicate the potential profit and value in any bet, it cannot be used to cheat per se. Yes, why not? You buy into the service, which is really not a service at all.

Many legitimate services offer free picks. But you must make sure that whatever handicapper you decide to go with is a real service. Check how long the service has been around and also make sure they have a solid guarantee regarding their product. Again, some legit sites will offer decent bonuses. If the bookmaker has been around for numerous years and it has a good record, then the fact that they offer a bonus is icing on the cake.

But new sites with big bonuses could be scams. If you get a call from someone offering you hot picks, simply hang up. A lot of these systems make exorbitant claims that are just about superhuman. These systems may or may not work. Do your research, perhaps even try a test run but be careful.

Many of the big name systems have garnered a lot of complaints. The key to making sure someone is legitimate is found in research. Scour the Internet for information on the site, service or software. Check out any complaints on independent monitoring websites and blogs. You can even post a question on many of them like TwoPlusTwo and Casinomeister about particular companies.

Never give any of you financial or personal information to anyone unless you are certain that they are for real. Beware of scam sportsbooks. Successful sports bettors know sports inside out. First and foremost, they become an expert in one sport and then usually expand to other sports.

They understand how the sport is played, all of the rules and strategy. They also possess in-depth knowledge about the players, coaches, organizations, trades and much more. They keep up on daily developments in the sport and closely monitor any and all changes. Why do they do this? Because when it comes to wagering, the sports bettor wants any edge that they can get and usually that edge starts with knowledge. Sports betting is not about wagering on a hunch or a whim.

Top-notch professional sports bettors do their homework. You also have to know everything you possibly can about betting theory and strategy. Along with understanding odds , the various types of bets and payouts, you need solid knowledge regarding which bets offer the best value on your investment.

As an example, many novice bettors will play three, four and five-game parlays. A parlay payout looks inviting. A three-team parlay pays That means for every dollar bet you make six if your parlay hits. An eight-team parlay pays and a team parlay results in a payout of ! But many parlays involve point spreads and this really skews the odds. The chances of hitting a three-team parlay are and the chances of being right on a team parlay are 1, In order to win any parlay, every team you pick must win.

Although the payouts are much better than the even odds you often get on a single bet, parlays are deceptively difficult to hit. Some professionals believe in them and have developed systems for improving your chances. However, whatever wagers you decide to make, you need to bet knowing the benefits and risks. Can it be done? Sure it can. Would you need to be amazingly lucky to turn a profit like that?

Yes, you would. The size of your bankroll determines how much power you have as a bettor and how much profit you stand to make. Money management involves wise decision-making, solid record keeping and vigilance. As you begin your journey, take some time to address each of the major elements—the sport, the industry and money management.

As with any other business, knowledge equals power and profit. Live Betting Sites.

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