There is absolutely no limit to how much money you can make in online Sports Betting. Just how successful you become will depend entirely on your own little efforts.

You could be one those people who loses numerous money regularly on sports betting. I’ve been there many times and from my experience it hurts so much to lose money. After many trials and errors, I stumbled upon the Key to successful betting. Am about to reveal to you this profitable online sports bet (Going in Hawaii) business as the easiest and cheapest investment ever on the net.

For those only starting out. Sports betting is all about betting against bookmakers. It’s quite different from betting against other people the way most of the people do. Additionally it is different from pools betting. Bookmakers are betting businesses that provide the platform for betting activities. They also provide the prices and expected winnings on each football match.

All you need to do is to discover the outcome of a particular match or perhaps a series of matches. You don’t need to predict the exact score line. However there are bets where you can predict the exact score line. The price per match will be determined by how hard or difficult it’s. The easier the match, the lesser the potential returns. The harder the match, the bigger the potential returns.

Let use soccer (football) for illustration:

Assuming TEAM-A on top of the league table wants to play TEAM-B who are at the bottom and out of form at home, all of us know there’s a extremely high likelihood that TEAM-A would win if in good form plus all the advantages to their side. The cash you are expected to win if you bet TEAM-A will beat TEAM-B will be really small in fact.

At the same time, if you say TEAM-B will beat TEAM-A, then the expected monetary returns will be high. It shall be high as well if you say it will end in a draw.

Predicting that TEAM-B, the under-dog will beat TEAM-A, the odds could be 4/1. That suggests that if you bet with $1 you will win $4 plus your initial $1 that makes your total earnings $5. I’ve used US dollars above being an example. Most bookies operate in Pound Sterling, dollars and Euro. So if you want to bet on it, what will you do? Start analyzing and seeing possibilities.TEAM-A to win at 2/7 simply means to win $2 you have to play with $7. You need to ask yourself is it worth risking $7 to win $2? Or shall you back the weaker TEAM-B to win at 4/1? You only need to put in $1 to win an extra $4. But will TEAM-B beat the stronger TEAM-A at home? The higher the risk the higher the potential returns, the lesser the risk the lesser the potential returns. That is where your football mind and knowledge will be needed.

Let’s Understand Prices/Odds more using real soccer teams for example.

Take a look-at this match in the fixture and price. Lets say Chelsea F.C. to beat Manchester City at home is priced at 2/5. That is you bet with $5 to win $2. That is an overall expected returns of $7.

(Remember that the figure by the end is what you stake with and also the one in front is what you will win)

The match is 11/4 for a draw and 6/1 for an away win for Manchester City. It means 1/1. You play with $1; you win yet another $1. You play with $100 you win one more $100.

Not all odds are written in fractions. As in not written like 3/1, 1/5, 4/9 and so on. Some odds are written in decimals like 1.35, 2.42 etc. If you see 2.42, it simply means if you bet with one dollar, you will earn return of 2.42 dollars. Whatever figure is shown, it implies that it is what will be returned if you place $1. So you can calculate your expected earnings as outlined by what you want to bet on.

There’s also the American Odds presented in form -110,+220,etc. The Decimal odds appear to be by far the best to calculate. The bookies (bookmakers) can determine what kind of odds they will be using. Actually some bookmakers enable you to pick the odd type that suits you. Whatever Odd you use the result will be the Same. On the flip side, chose only Odd type you are comfortable with.