Earnings in bookmakers. How to win at a bookmaker? Bets are made: what bookmakers earn on What methods of earning are there in bookmakers

28.06.2019
  • 5. Bookmaker Leon
    • Benefits of this bookmaker
    • Method 1 - Your individual forecasts
    • Method 2 - Buying predictable results
    • Method 3 - Search for surebets
    • Method 4 - Bet on the underdog
  • 12. Conclusion

In recent years, almost every person began to use the Internet. And in this regard, the work on the Internet has become a very relevant topic. After all, it is very convenient for every person to be able to earn money without leaving home.

In this material, you can learn a lot of useful and new information about the concept of "bookmaker's office" (BC), and how to quickly get the necessary amount of money with its help. Read below about how to make money at a bookmaker, types of earning strategies, and we will analyze the main points and nuances.

What job to choose?

1. Earnings at the bookmaker

First of all, you need to remember that it is quite difficult to make money on bookmakers, and you first need to know the principles of the offices, and only then bet on various sporting events.

However, it will be extremely difficult for a beginner to make money on the Internet in this way.

The principle of operation of the Bookmaker's office is generally quite simple. The office offers its customers to bet on various sporting events with different odds. Odds can vary significantly depending on the event. The more likely the predicted outcome, the lower the coefficient will be. The coefficients also change depending on from the number of bets placed for certain events, this is done so that the bookmaker receives his profit in any outcome. The main thing is that this is not a scam or a scam.

The player who correctly indicates the outcome of this event will receive his winnings, but it is important to know that bookmakers never remain in the red. It is most profitable to bet money on sporting events in which you understand, because there you have a significantly higher chance of making money. (We recommend reading -)

The difference between the totalizator and the bookmaker

2. How to make money on sweepstakes

The totalizator is a card with various sporting events that the bookmaker selects (on average there are 14 of them). In order to bet on the totalizator, the player must mark the outcome of all events in his opinion in special fields and then bet the amount he needs.

The main factor is that the odds are not taken into account on the totalizator. All bets made by players form the prize fund (pool). Then, after all sporting events from this card have passed, the calculation and payment of cash prizes will take place to those players who correctly predicted the required number of outcomes from the totalizator coupon. The prize fund is divided as a percentage between the players, guessing from 11 to 14 sporting events in this ticket.

Do not forget that there are a lot of bookmakers and by and large they all work the same way. The differences are only the design of the sites, as well as the number of sporting events held. The difference in the coefficients of different bookmakers is insignificant. Before you start making money in this area, you must carefully read the rules of bookmakers, as well as choose the bookmaker you need or convenient for you.

Let's consider, in as much detail as possible, how you can earn, namely, at bookmakers.

Any bookmaker works according to the following principle: everyone can bet on a specific team, which, in his opinion, should win. Here you can place bets on any kind of sport, including championships. The bet itself can be placed on the final result of all competitions or on the intermediate result at the end of one game or half. Bets can be placed at the beginning of the game or in its middle.

Such earnings can be attributed to gambling, no one has any doubts about this. When bets are made, adrenaline is produced in the player's blood, he is overwhelmed with sharp emotions. This is especially true when the person making bets is not just a player, but a real fan of a particular team.

Making money at the bookmaker - control your emotions

By making a forecast for the victory of a particular sports team, you have a great opportunity to make money at a bookmaker and get a win.

You can bet on absolutely any sport: basketball, football, swimming, boxing, etc.. A huge advantage of such a "work" is making money on vacation with friends. You can watch a football match with your best friends and have a good time while earning income from bookmakers. Agree, everyone dreams of such a job.

During the Olympic Games there is also a great opportunity to earn a large amount of money. In summer you can bet on football, volleyball, tennis and baseball matches. In winter, you can bet on winter sports. You can also choose a winner, finalist or a specific place in the ranking and place a bet.

Today, there are a lot of ways to make money available to every Internet user, but the most convenient of them is making money on betting shops online. But not every Internet user knows how to do this.

If your goal is to regularly receive income in bookmakers, you need to always know the latest sports news. To do this, you must constantly be interested in and read the news in online sports news publications, as well as watch the news. In addition, each novice player must have the initial capital, which is necessary to open an account.

The future fate of the deposit on the bookmaker depends on your patience, fortune and ability to analyze and predict events in the world of sports. But first, you need to familiarize yourself with all the points and rules for working with the bookmaker.

3. How to make money quickly at a bookmaker's office?

For some young people, the desire to beat the bookmaker is not just a desire to make money, but the achievement of beating the bookmaker. Many want not just to take their legitimate earnings, but to show that the office can fail.

At the moment, there are many special programs with which it is possible to automatically follow the forecasts of competitions. Such programs are very popular among players, as they promise very good winnings even for beginners.

This is what a bookmaker's office looks like from the inside

There are programs that help analyze the lines on the bookmaker and find "arbs", as well as give a guarantee of the most likely sporting events.

With the help of such programs, you can greatly facilitate your task, since sometimes a person cannot make a detailed analysis of one or another event and predict the probability of winning in such a short time. It is also necessary to understand that just downloading such a program is not enough, in addition, you must study in detail the features of this market, as well as the methods and methods of working at such offices.

Programs are an excellent assistant in achieving the desired result at large bookmakers. But you should understand that this is not enough. You will be able to accurately predict the victory of one or another team when you have the necessary knowledge base and enough experience in this field.

4. Which bookmaker is better to choose?

The next step on the way to victory will be the right choice of a bookmaker. It is best to choose among those offices that have been on the market for more than one year and have a wide customer base, as well as a certain authority among the players. These offices include bwin, sportingbet and betfair.

In order to choose a good bookmaker, you should seek advice on thematic forums, where experienced players will be able to advise you and choose a good bookmaker.

After choosing and registering at the bookmaker, you will be offered various bonuses that you can use.

Most often, offices offer a certain amount of funds, which is equal to the first installment. In addition, regular customers can enjoy special promotions and discounts.

And now let's give examples of specific bookmakers.

5. Bookmaker Leon

Bookmaker Leon is very accessible in the bookmaker application, which contains a "user-friendly" interface. This bookmaker is great for beginners.

The main disadvantages of this office are

  • The presence of underestimated coefficients;
  • A small number of betting games.

Benefits of this bookmaker

  • Payouts occur regularly, the minimum payout amount is $5;
  • A large number of good reviews about this office;
  • There is an opportunity to play poker;
  • A large number of options for depositing money.

6. Bookmaker "League of Champions"

The Champions League is a good bookmaker that participates in a large number of games. The office began its existence in 2010 and has been working steadily since then. This office is suitable for both beginners and pros.

Pros of the Champions League

  • The office offers permanent bonuses;
  • High odds;
  • A large number of games;
  • "User-friendly" interface;
  • A large number of options for depositing funds.

7. What is better to bet on at a bookmaker?

There is a lot of information on the Internet about how to make money in this area. And a large number of authors of such articles assure their readers that beginners in this business lose because they bet on their favorite teams. They also talk about what a player can win if he bets against the winner that most players predict. To double your chances of winning, you need to study the history of winnings. If you want to save your personal time, there is an opportunity to use special programs for this that will help you figure out who to bet on.

Bets that are made impulsively without analytical arguments rarely allow players to win. Every day the number of those who really understand this business is increasing.

To get a regular income from bookmakers, you need to be able to correctly predict wins in games where there is a small risk of losing, as well as pay attention to real statistics and facts in the world of sports, and not be guided by an impulse that will definitely not lead to anything good.

In the office, the main person is a quoter, a specialist who sets the coefficients. He uses his theories, calculates everything to the smallest detail, and also analyzes how any factor can affect the results of the game. The quoter must be a specialist who knows the history and statistics of all sports.

8. What strategies of earning at the bookmaker can be used?

The study of statistics is far from everything. The most important factor that influences the player's victory is the possession of basic strategies for playing in offices.

There are several main types of strategies:

  • fork,
  • fixed profit,
  • bank interest,
  • "flat"
  • and many others.

In order to achieve real success, you should study all the strategies, and then choose the one that you think is suitable for yourself and place bets according to it. If you manage to develop your individual exclusive strategy, success is guaranteed to you.

9. What methods of earning are there in bookmakers?

Method 1- Your individual predictions

If you choose this method to earn money, you must use your own knowledge in this or that sport. For example, you watched the Champions League matches, when analyzing them, you need to highlight the following important points:

  • Team composition;
  • Did the players have cards;
  • Were there injuries and players;
  • Transfers;
  • Composition of trainers, etc.

If you manage the acquired knowledge correctly, you will be able to make your own forecasts and make a profit.

Benefits of earning on your own forecasts

  • You do not need to spend money from your wallet to purchase predictable game results,
  • You can choose and bet exactly the amount of money you see fit;
  • This is rightfully considered the most reliable way to make a profit on bets.

Method 2- Purchase of predicted results

At the moment, many people make a good profit from the fact that they themselves sell predicted results. There are even separate groups of people involved in game analysis, as a result of which they make the most accurate predictions and sell them.

Finding such groups of people is not difficult. Today it is very convenient to search for them using social networks, where special groups are created that sell forecasts. There are also dedicated websites.

Using search engines, you can find thematic forums where forecasts are provided absolutely free of charge.

Disadvantages of earning on the acquisition of results for money

  • You spend money buying this or that forecast. In order not to remain in the red, you need to bet such an amount of money to return the money you paid, and also keep something for yourself.
  • On the Internet, you can stumble upon a large number of scammers who sell "100%" forecasts. Therefore, it is best for a beginner not to use this method or use it already through proven channels.

Method 3- Search for surebets

A fork in a totalizator, like in chess, involves betting on several teams or players at the same time in the same game in different offices.

The essence of this method is to search for the same match in different offices and with different odds. Thus, in one office you can bet on the victory of one team, in another office you can bet on its defeat, and in the third office you can bet on the result of a draw. In this case, in any case, players earn - they receive income from bookmakers more than they spent.

But there is one nuance that you need to pay attention to - it is almost impossible to find a profitable fork on your own.

For this, special scripts are used that search for such surebets. Some players think that this method is guaranteed to lead you to victory, but is it really true?

The main disadvantages of making money on surebets

  • You will have to pay a considerable amount for the script, in addition, the player must be able to handle it. If you do not know how to use the script, you will also have to pay a programmer who will do it for you.
  • In order to make money on surebets, you need to be the owner of a solid capital in several bookmakers.

Method 4- Bet on an outsider

This way is that you find bets that overestimate bookmakers.

For example, a bet in football with Total (1.5), which means whether more than 1.5 goals will be scored during the match or not. There is a bet in hockey: will the puck be scored during the game from the first to the seventh minute, etc. If you notice that a particular team is winning, then you can safely place a bet.

This method is most suitable for use with Live bets, which are made directly during the match itself.

Methods of earning in bookmakers

10. How to succeed as a beginner and earn income from bookmakers - basic rules

In order to achieve success as a beginner, you must adhere to the following rules:

  1. First you need to study the theory, after which you can already begin to practice, as in any other business;
  2. You need to keep track of all the news in the world of sports;
  3. Participate in thematic forums that have sections about the sport you need;
  4. Create your account and constantly communicate with those who understand this topic, receive new information;
  5. Every day to read sports online publications.

11. Other ways to make money online

Almost everyone who at least once made a bet in a bookmaker's office via the Internet and successfully received a win thought about other ways to make money online. Indeed, if you have decided to leave the betting market for some time, but dream of earning money by working in your spare time, then be sure to try other ways to make money on the Internet.

In general, there are many ways to make money on the Internet, such as buying and selling goods, completing tasks on order, and providing various services. We advise you to download a free book by specialist Andrey Merkulov about the main ways to make money on the Internet from scratch.

Earnings on the Internet is a popular field of activity, which employs more than 40% of network users. This is not surprising, because such a way to replenish the budget has a considerable number of advantages, which attracts an increasing number of employees.

Such a demand for making money online has contributed to the emergence of many options to earn real money. It is difficult for beginners to navigate in all the abundance of attractive offers. On today's agenda, one of the most interesting ways to make money is betting on bookmakers.

A bookmaker's office is an organizational structure whose task is to accept bets on the forecast of various types of events, both sports and related to other areas of activity.

As a rule, a considerable number of such offices can be found on the network. This is due to the fact that today a significant number of users are interested in this type of income and often use more than one organization, but several at the same time.

The principle of operation of bookmakers is identical, all players must place bets. The key difference lies in the provision of additional bonuses and promotions, statistical material and other conditions.

Many users are skeptical about such organizations, believing that it is almost impossible to get income from them. But a stable income in bookmaker is quite possible, although there is a risk of losing. You need to use analytical thinking and have minimal knowledge in the field of probability theory, and then victory will be yours.

Proven sites for making money on bets

TetraBet.com is an innovation in the world of sports betting. One of the few quality services with forecasts. A distinctive feature is that the forecasts here are given not by a person, but by a special algorithm. In addition, thanks to artificial intelligence, TetraBet automatically calculates the optimal bet amounts so that you will always be in the black.

Registration ✓

In order to make money on bets in bookmakers, you need to look for a trusted bookmaker. After all, an extensive range of such organizations contributes to the emergence of scammers who seek to enrich themselves at the expense of inexperienced beginners.

To ensure that your bets are in the hands of an honest bookmaker, you can check out the list of sites for making money on bets, which are preferred by most online players.

  • LEON has been an office on the Internet for more than 7 years. During this period, managed to win the trust and location of users. Specializes in sports betting. The activity is officially licensed. The coefficient is attractive, unlike other organizations, it can reach 5.4.
  • Planetofbets - appeared relatively recently, in 2011. Despite this, it has attracted the attention of many players. Like the previous structure, this one is characterized by the presence of a license for official activities, as well as betting on sporting events, mostly football. Customers are attracted by first deposit bonuses.

Step-by-step instructions for making money on bookmakers

Most beginners, having received a volume of useful information on making money on bets, remain at a loss. Often they don't know where to start. In order to orient them, we offer you a step-by-step algorithm of actions:

Initially, you need to decide on the choice of a bookmaker. Previously, examples of the most reliable structures were given. I recommend starting with LEON as it is the most popular.

Go through the registration process. It is quite simple, you need to fill in all relevant fields with correct information.

Recently, many are trying to find sources of additional income. This article discusses the possibility of earning money in a bookmaker's office. The article presents the rules by which you can receive a small but stable income by playing bets on sports events; Some psychological aspects of betting based on personal experience are disclosed in sufficient detail.

Making money on bets at a bookmaker - is it real? Answer: yes. If you are fond of sports, have the opportunity to watch broadcasts of sporting events, you can use this as an additional source of income. You need start-up capital, knowledge about any sport, and the ability to analyze data from various Internet resources will not be superfluous. A very good help in making money on bets is the ability to make informed decisions without involving a lot of emotions.

In the 80s, the state bookmaker's office "Sportprognoz" was opened in the USSR. And in 1991, the first private bookmakers opened in Moscow, specializing in sports events. Currently, there are more than 500 large bookmakers in Russia.

Based on personal experience, I can say that, subject to certain rules, you can have a small but stable income. Here are the rules: determine the sport in which you are best versed and bet only on it; determine a fixed amount of the bet (for example, 5-10% of the bank amount); do not bet on everything, but choose only those events in which you are sure, about which you are well aware; not to react too emotionally to both victories and defeats. By following these rules, you can significantly reduce risks and costs.

The activities of bookmakers in Russia are regulated by the federal law "On state regulation of the organization and conduct of gambling and on amendments to certain legislative acts of the Russian Federation" N 244-FZ

Now let's look at some of the psychological aspects of "betting". Many players overjoy their achievements and become very upset when they lose money. The main threat of an unstable psychological state is the further loss of a large amount of allocated funds. Victories inspire, make the player self-confident, and he begins to bet ever larger amounts on everything, thinking that in this way he will increase his income many times over in a short time. Defeats, on the contrary, give rise to uncertainty, self-pity for the lost money; the player tries to win back the staked funds as quickly as possible and, again, begins to bet on everything in the hope of returning everything back. The result, of course, is the same - a person loses even more money. Therefore, it is extremely important to react calmly to both victories and defeats; keep yourself in hand. This will provide perhaps not the fastest, but definitely a stable income.

Another important component is the ability to analyze your actions, learn from your mistakes and remember the lessons that were learned in the process.

In the end, I would like to say that making money on bets in bookmakers can be attributed to quite risky investments, but this does not make the process less exciting and interesting.

Earnings with the help of the "betting surebet" strategy

Betting fork (arbitrage situation, eng. arbitrage, eng. surebet) - the ability to bet on all possible outcomes of one event in different bookmakers. This approach is guaranteed to bring profit. Of course, the profit is small and lies within 0.1 ... 1% of the rate. But, it is earned in a day. And if you count for a month? With the right organization of the approach to this process, the amount is significant.

Suppose one game, on the result of which bets are accepted, has two outcomes - outcome 1 and outcome 2. Bookmers accept bets on these outcomes with their own odds. Among the many offices, you can find two, in which the coefficients will be the same. For example, the coefficient 2.1 for the first office on outcome1 and the same coefficient 2.1 for the second office on outcome2. By placing 100 rubles in both offices (in the first for outcome 1, in the second for outcome 2), we are guaranteed to receive 10 rubles to our “bank”. If this is repeated like this with every game, then a good amount will be added to our “bank”.

And, if it may seem to you that there are no such couples, then you are mistaken. Every day there are many couples for all kinds of events. And sometimes even triples-fours (where there are 3 and, accordingly, 4 events). The next major sporting event is the 2018 FIFA World Cup, which will be held in Russia. If you have never tried it, then it's time to try the legal way to make money from sports betting.

Let's figure out how much bookmakers earn? It's no secret that the gambling business has been very popular lately. In it, many people see a good source of income for themselves. But do not forget that the bookmakers themselves see this as a good source of income, but for themselves.

Margining

If we talk about how much bookmakers earn, one important point must be clarified - every bookmaker must include a margin in the odds. The concept of "margin" should be understood as the percentage of profit that the bookmaker will receive at the end of an event. In other words, just a commission.

To make it clearer, let's take a simple example. Take a tennis match between two equal opponents. A tennis match cannot end in a draw, there will always be a winner. If the chances of both players are equal, then the probability of winning each of them is exactly 50%. Then the bookmaker must set the odds. This is done as follows: 1 / 50% = 2. That is, the odds for the victory of any tennis player are 2. But in this case, the player can make two bets on different tennis players and not lose in the end. If the player does not lose, it means that the bookmaker will not win. To do this, bookmakers and lay the margin. And how much do bookmakers earn?

For example, if the margin is 10%, then the odds for the victory of tennis players will be calculated in a different way, namely: (1 - 0.1) / 50% = 1.8. If the margin is not 10%, but 5%, then the coefficients will be equal to 1.9. Mathematically, it is possible to calculate what margin is laid by the bookmaker, based on the presented odds. For example, if you see odds of 1.5, that means the margin is 25%. This can be calculated in the following way: 1 - 1.5 * 50% = 0.25.

Do not forget that the risk of losing money for a bookmaker always exists. This problem is solved very easily - the bookmaker simply lowers the odds for the outcome of one event and raises the odds for the outcome of the second.

Bookmaker profit

How much do bookmakers earn per day? There is no need to think that bookmakers want to help their clients earn. In fact, any such office is just a business, the purpose of which is to make money for its owner. Therefore, bookmakers do their best to attract as many players as possible. Any betting company has a lot of smart specialists who follow the events in the world of sports. The main task of these specialists is to calculate such quotes, in which the bookmaker's office would be guaranteed to win. This is the main reason that bookmakers make huge amounts of money every year.

Human excitement and the desire to feel adrenaline have contributed to the fact that over the past few years the number of bookmakers has increased several times. With the development of technology, bookmakers have also developed. Now the vast majority of bookmakers work on the Internet.

We have considered how the bookmaker's earnings are formed. Now it is worth considering how much bookmakers earn. Income depends on the following factors:

  • Margin.
  • Player psychology.
  • Odds game.
  • office audience.

Asia

Asian bookmakers currently have the largest audience. Still, it is difficult to calculate the exact earnings, since most of them work unofficially. If we talk about the Russian Federation, then a couple of years ago, the turnover of betting companies located on the territory of the state amounted to more than 700 million US dollars. To understand this figure more clearly, we can say that this is more than the budget of some professional football clubs in the Russian championship.

In recent years, the government has made life a bit more difficult for bookmakers. Many had to close. Others continued their active work on the Internet. Many offices that currently operate in the CIS countries have received licenses in Gibraltar, Cyprus and other offshore zones.

How much do bookmakers earn in Moscow?

It is very difficult to name the profit of the offices, since they spend a certain percentage of their income on advertising and paying taxes in the case of a legal business. However, experts have calculated approximate amounts. On the territory of Russia, a lot of betting companies are located in Moscow. It has been calculated how much bookmakers in Moscow earn. On average, this amount is about $100 per client. Of course, someone can lose 1 dollar, and someone - 199. But on average, the bookmaker's earnings will be 100 dollars. If we compare the earnings of the offices of Moscow and all of Russia with the incomes of the leading European bookmakers, then the amounts are generally incomparable. European bookmakers receive three to four times more than domestic ones. By the way, many residents of the Russian Federation make bets in foreign offices via the Internet.

How much can you earn at bookmakers?

The net profit of one of the largest Russian bookmakers is considered in billions of rubles. Due to the fact that the largest bookmakers are registered in offshore zones, data on their revenue does not appear anywhere. Bookmakers earn especially a lot with a sensational outcome of an event. For example, football matches played by barley favorites are betting on billions of dollars around the world. With a positive outcome for the bookmaker, he will be able to cover all his previous losses, even though a certain percentage of the players made bets on the outsider's victory. But there are not too many such events and much more often the favorite takes over, so bookmakers greatly underestimate the odds in order to minimize their costs.

What do you need to open a betting shop?

To legally open a bookmaker's office, you must have an authorized capital of 1 billion rubles. However, no matter how much the owner pays, soon his business will begin to bring serious income. The profitability of the betting business is approximately 10%. However, this figure is greatly underestimated. Only 4% of players who place bets make a profit. The remaining 96% lose to bookmakers. It is also known that in the entire audience of the bookmaker's office, professional players occupy only 0.2%. Now it has become a little clearer how and how much bookmakers earn.

The chances of the Russian national team, which will begin the performance of Euro 2016 on June 11 with a match with the British, are estimated by bookmakers to be extremely low. You can now bet on the victory of Russian football players in the final with a coefficient of 67.0. How does the betting business work and what do the odds set by bookmakers depend on? This is described in detail by the recently published book "The Art of Sports Betting", a fragment of which we publish.

The main principle of the bookmaker's office is to always win. For any outcome. In order for the bookmaker to live and prosper, its analysts calculate the odds for sports events not only (and not so much) based on the real probabilities of their outcome, but taking into account the margin included in the odds, which brings the office profit from each of our bets.

Let's flip a coin of 100 rubles. As you understand, it will be either tails or heads. The odds are 50/50. Let's say you bet on tails and your friend bets on heads. It doesn’t matter whose bet wins, the bookmaker pays the winner 100 rubles without taking a penny. If it were so, there would be no bookmakers. Because this is, to put it mildly, a bad business plan. In real life, bookmakers lower the amount of winnings. Let's imagine that the bookmaker's office reduced the amount of winnings to 90 rubles (instead of 100); in coefficient terms, this will look like 1.9. The situation when players bet 100 rubles at odds of 1.9 brings 10 rubles of net profit to the bookmaker for any outcome.

Simply put, the bookmaker receives 100 rubles from the player, and pays only 90 rubles to the winner. This is what the bookmaker’s margin is made up of, or, as the Americans say, “juice”, and we are “juice”.

It is this moment that makes it difficult or, on the contrary, makes the betting phenomenon itself more interesting: you not only have to bet on the winners of the competition, but also do it at a return rate that is more profitable than the bookmaker's margin. Roughly speaking, it is not enough just to know that Dynamo Moscow is better than Arsenal Tula, it is important that you are paid more than you should be paid for their possible victory. Otherwise, no matter how often you win when betting on Dynamo, you will still gradually lose money, which will become noticeable after 1000 or more bets. You can beat the bookmaker, only in this case it means success in the long run, that is, superiority in the number of wins, nothing more.

How do bookmakers calculate odds?

For bookmakers, the correct calculation of the odds price is the key to long-term success. For them, this is a game of numbers for big money. However, as for us - those who professionally bet on sports. All bookmakers offer odds on the event line with their own margin percentage already built in. For example, for Premier League tournaments, bookmakers set the odds line to an average of 107%. In places where the results are difficult to predict, for example, leagues in which unknown athletes play or local teams from the second and third divisions, the margin inflates to 120% - this is how bookmakers try to protect themselves from players who understand such leagues.

Moreover, bookmakers set their own limits on the maximum amount of bets on a particular event. Most often, the highest limits are offered for large-scale world events and games in the premier leagues. Minimum - for regional football leagues or friendly matches, the outcome of which is difficult for bookmakers to predict.

First, bookmaker analysts estimate the probabilities of a particular outcome of a sporting event from their own considerations, but in such a way that the sum of these probabilities equals 100%. Then, to these 100%, they add a percentage of their own profit, that is, they “build in the margin”. For example, take the match between Russia and Ukraine. The analyst of the Russian-speaking bookmaker's office studied the pre-match statistics well, applied the theory of probability, listened to expert opinions and decided that Russia would win the match.

By setting the coefficients, he takes as a basis the real chances of winning or losing a particular team. This is how the real (without the bookmaker's margin) calculation of the probabilities of the outcome of the match will look like.

Russia - 60.6%

Draw - 22.2%

Ukraine - 17.2%

Total sum of real probabilities: 100%.

In fact, this cannot be, since the bookmaker's office will suffer losses if Russia wins. Therefore, the analyst, knowing that the majority will bet on the victory of the favorite, must play it safe - underestimate the odds for his victory, thereby raising the total sum of all the probabilities of this match. In our case, the analyst raised the sum of the probabilities.

The coefficient for the victory of Russia is 1.54, the probability is 64.8%

Odds for a draw - 4.22, probability 23.7%

The coefficient for the victory of Ukraine is 5.4, the probability is 18.5%

The sum of the probabilities for this line: 107%

To calculate the probability embedded in the coefficient, you need to divide 100 by this coefficient (for example, 100 / 1.54 \u003d 64.9%). In order to calculate the bookmaker's margin, you need to add up the probability percentages for all outcomes. In our example, the bookmaker's margin for this event is 7%.

Margin of bookmakers

Even if Russia wins, the bookmaker in this case will not remain in the red. In addition, as bets are received, the bookmaker will change the odds so as to make a larger profit for themselves. Therefore, on the one hand, it is important to have your own opinion about a particular sporting event and independently evaluate the probabilities of outcomes and calculate the value of the bet (we discussed how to do this above). On the other hand, it is important to know what percentage of the margin is laid down by the bookmaker for a particular event. If a bookmaker has a sum of match probabilities in any Premier League above 105%, it is better to look for a more generous betting office. A sum of probabilities of 110% or more for second division or non-European league matches is considered normal.

The bookmaker puts a percentage of its own profit into each coefficient, which allows it to remain a winner in any outcome of the event. The bookmaker's margin is reflected in the amount of return from bets. The bookmaker's margin is always different. The percentage of the commission depends on the policy of the bookmaker and on the significance of the event you are betting on. Most often, bookmakers underestimate the percentage of margin for unpopular events and thereby offer profitable high odds, attracting fans of betting on exotic football leagues or non-mass sports.

It is customary to think that bookmaker analysts place the odds based on their own ideas about who will win in a particular competition and who will lose. This, of course, is true. But not all. Yes, bookmaker analysts can often quite accurately predict a winner or determine an outsider, but this does not mean that the odds they set reflect their real calculations. It would be great: you always bet on your favorites and bankrupt the bookmaker.

But things like financial risk are out of the question for any bookmaker.

When setting the odds for a certain event, bookmakers first of all think about how to attract bets on both opponents. Therefore, they have to juggle numbers in order to set the most attractive odds for all possible outcomes. Taking as a basis the sum of the probabilities of outcomes (100%), they distribute it equally among all outcomes. If equally, how does the bookmaker earn, you ask? With the help of a commission, of course. Bookmakers simply add their percentage to the percentage of the outcome. This additional percentage is automatically deducted from the amount of each bet on any selection. Of course, it is difficult to predict and maintain a balance between all the bets accepted to win or lose. Therefore, bookmakers daily offer hundreds of bets on secondary outcomes (painting) in order to provide themselves with additional money in case of an imbalance.

Why bet on the failures of your favorite teams?

Kirill Dementiev, sports commentator: “Betting is a great way to beat boredom. There are many people who prefer to bet on the failure of the teams they support. And if the favorites do lose, you can get financial compensation for moral damage. Pretty simple , but an effective maneuver: you are reliably insured against deep disappointment "

Market of equal chances

The market of equal chances, or one hundred percent market, is when the bookmaker believes that both opponents are equivalent and their chances of winning are equal (50 to 50). If the bookmaker accepted bets on a coin toss without his commission, then we would have odds of 2 for heads and 2 for tails. But miracles don't happen. The bookmaker needs his piece of the pie. Therefore, from the "pure" odds for equal chances, he "cuts off" his part, taking a percentage of our bet. That is, in reality, the odds for equal chances look something like this: 1.85 or 1.89. It's business, baby!

If the market of equal chances is called one hundred percent, then it is essentially a useless market, since it does not give anything to either the player or the bookmaker. However, when the event market is valued at less than 100%, it means to the player that the value of the bet is higher, but the probability percentages for the possible outcomes are lower. And, on the other hand, if the market is above 100%, as is often the case, then this means that the value of the market is not so high in principle. It is not at all difficult to determine the "value" of the proposed market, and hence the bookmaker's margin in this market. First you need to determine the probability of the outcome (in percent), embedded in the decimal coefficient. Let's take a factor of 1.65. Convert to probability by dividing 1 by 1.65. We get 0.606. Multiply by 100 and you get 60%. We calculate the probability for each coefficient on possible outcomes. Then we sum up the probabilities and multiply by 100. We get the percentage of the market.

Are bets on minor tournaments generally in demand among Russian players? Alexander Egorov, Deputy General Director of Liga Stavok: "The share of bets on such events compared to top matches is, of course, insignificant. Speaking in terms of numbers, less than 20% of the turnover falls on bets on such tournaments, with the absolute quantitative superiority of such events. In days when the calendar of top events is empty, interest in secondary tournaments rises sharply.At the same time, the betting line for the event plays an important role in popularizing this or that tournament. We are constantly monitoring these events.

Looking for markets with the lowest margins

Many novice bettors in bookmakers do not attach importance to such a concept as margin. Their argument: anyway, the margin is not visible, and we bet on odds that show the amount of return in case of winning the bet. Why do we need to count "foreign" (bookmaker's) money? All right, but not really. Professional players look for value wherever it is. Looking for the lowest margin per event among bookmakers, they count their money. In addition, the so-called arbers, people who play on the difference in odds and betting commissions, make good money in the long run precisely because they know how to look for events with the smallest margin.

It only seems that there is no difference between the coefficients of 1.9 and 1.95 - just think, five cents. If you're not five minutes into sports betting, trust me, a well-planned budget and bankroll control make all the difference. We’ll talk more about the betting budget and how to manage it properly below.

What are forks?

Yegor Mitrushkin, Chief Analyst of Liga Stavok: "This is, in fact, a game with a positive mathematical expectation for players. Arborists seek to earn money not with the help of knowledge in the field of sports, analysis and intuition, which is the essence of the betting process, but on flow with the help of automatic scanners and mathematical calculations. This is not a game by the rules. "

Sports betting without bookmakers

If you want to know more or less the real price of a bet, pay attention to the Betfair trading platform, where odds are sold and bought. On betting exchanges such as Betfair, players bet against each other, negotiating odds that can actually be an order of magnitude more profitable than any conventional bookmaker. But when calculating the benefits of an upcoming trade, it is always important to remember the commissions that betting exchanges impose on winning bets.

A betting exchange is a platform where players make bets with each other, buy and sell their own odds. Unlike bookmakers, betting exchanges do not profit from setting odds. Instead, they take a commission on winning bets ranging from 2% to 5%.

For the first time in the world, the largest betting exchange, Betfair, allowed players to set their own odds, trade them, buy others, bet with other players from different countries and place bets “for” or “against” the outcome of a sporting event. Today, Betfair has over 4 million registered users and over 7 million transactions per day. The Betfair website, which also works in Russian, presents a wide range of sporting events: football, tennis, hockey, basketball, horse racing, etc. There are also online broadcasts of events. For beginners, a convenient guide has been created that tells in video format, including in Russian, about the principles of the Betfair betting exchange, how to place a bet, set a coefficient, etc. To replenish an account, you can use both bank cards, electronic wallets. The minimum deposit is $10.

The biggest deal between players in the history of Betfair - £60 million - took place in September 2012, when Andy Murray won the US Open by defeating Novak Djokovic. It must be said that betting exchanges, in particular Betfair, have radically transformed the sports betting market. The low-margin product has become a benchmark for many bookmakers who are trying to compete with betting exchanges by lowering their own commission per line. In addition, betting exchanges have nurtured a new generation of professional bettors who have learned to act as bookmakers. However, it is unlikely that a newcomer will build a profitable nest here. Betting exchanges are quite brutal in relation to novice bettors, especially if they bet on dog racing or horse racing - markets where real gurus have been sitting for a long time.



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