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

You might be one those individuals who loses lots of money regularly on sports betting. I have been there often 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 business as the best and cheapest investment ever on the internet.

For those only starting out. Sports betting is about betting against bookmakers. It really is quite distinctive from betting against others the way almost all people do. Additionally it is not the same as pools betting. Bookmakers are betting companies that provide the platform for betting activities. They also provide the costs and expected winnings on each football match.

All you need to do is to look for the outcome of a particular match or a series of matches. You don’t need to predict the exact score line. Even though you’ll find bets in which 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 larger the potential returns.

Let use excellent soccer – click for source, (football) for illustration:

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

In contrast, if you say TEAM-B will beat TEAM-A, then the expected monetary returns will be high. It’s going to be high as well if you say it’s going to end in a draw.

Predicting that TEAM-B, the under-dog will beat TEAM-A, the odds may very well be 4/1. That means that if you bet with $1 you will win $4 plus your initial $1 which makes your total earnings $5. I have used US dollars above as an example. Most bookies operate in Pound Sterling, dollars and Euro. So if you want to bet on it, what would you do? Start analyzing and seeing possibilities.TEAM-A to win at 2/7 simply means to win $2 you need to play with $7. You’ll need to ask yourself is it worth risking $7 to win $2? Or will 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 greater the potential returns, the lesser the risk the lesser the potential returns. Which is where your football mind and knowledge is 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. Which is an overall total expected returns of $7.

(Always remember that the figure by the end is what you stake with as well as 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 an additional $1. You play with $100 you win a further $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. What ever figure is shown, it means that it is what will be returned if you place $1. So you may calculate your expected earnings based on what you want to bet on.

Additionally there are 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’re going to be using. Actually some bookmakers allow you to pick the odd type that suits you. What ever Odd you use the result will be the Same. In contrast, chose only Odd type you are comfortable with.