Month: June 2020

If you want to have high rates of winning in casino sites like Casinochap and sports bets, then it will be imperative to plan a betting strategy along with positive expected value. This is pretty much like your estimate of average win you can secure in a bet. The question is, how much capital you have to risk in every bet to be able to achieve biggest possible profits?

Boosting Your Winning Potential

A vital concept that must not be forgotten is the fact that while odds and probabilities are both related and seem the same, they are actually not totally similar subject. This is because of the reason that probabilities are representing the likelihood of something to happen.

Probabilities are computed by dividing the number of desired results by total number of potential outcomes. On the other hand, when you say odds, this is representing the ratio of the wanted results towards the unwanted outcomes.

Basically, there are three major ways on how to express odds and these are the:

1. Moneyline
2. Fractional and;
3. Decimal

It doesn’t matter what format of odds you are using, these types are all representing the same thing. Truth is, it is simple to convert one form to the other.

Aside from governing how the sports betting world works, odds play a critical role in assisting bettors to make a smart decision whether a bet is worth it or not. All odds are carrying implied probability which is then compared to real probabilities in an effort to determine whether the wager has a positive or negative value. Rule of thumb here is, in the gambling world, make bets only if you have positive value.

Calculating Your Winning Rate

Given the fact that you have an idea about probability, let us look at odds offered on this example. The odds for tails are +260 and -300 for heads. Now, we have to calculate its implied probability on both lines offered and then, determine which bet has more value.

First, solve for the implied probability for heads which can be done by following the example below:

• (100/-300) + 1 = 1.33

After that, take the decimal odd and convert it to percentage which makes it:

• 1/1.33 = 0.7518
• 7518 X 100 = 75.18%

Meaning to say, implied odds have higher percentage than the actual 50 percent probability. Now let’s solve for tails:

• (260/100) + 1 = 3.6
• 1/3.6 = 0.2778
• 2778 X 100 = 27.78 %

In such case, the probability that the tails will land is outweighed the implied probability which makes it a high-value bet.

To some, betting on sports was not a problem for them. Still though, there are those who prefer the conventional betting process which is done by paying a visit to their local casino and make the bet. While there is no problem in making bets straight from your local casino, there are many benefits that you can actually enjoy by taking advantage of online gambling in sports betting or even on 918Kiss.

Why Consider Online Bets?

Probably, if you are a religious fan of the conventional method, you’ll deflect whatever would come next. But just give it a shot and you’ll see that it is worth it!

Ease of Access

If you want flexibility with your bets, then online betting can make it possible for you. There is no need to leave home only to place your bets. With the presence of online casino, you can go ahead and play right at the comfort of your house. In addition to the physical benefit it offers, you can even place a bet even at the last minute of the match.

Say you are seeking for a particular tip, you can just visit a website, login to your account and make a bet. You won’t be missing out on anything plus, you can be spontaneous with your actions.

Just You, Your Device and the Internet

From the word itself “online sports betting”, everything happens over the internet and this is where such platform has visible advantage than land-based casinos. This is due to the reason that you could access them wherever you are, so long as you have an internet capable device and decent internet speed of course.

The Value for Money

Let us say for example that you do own and operate an online casino, then it is natural for you to pay rent for the land where it is erected. You can use the “supposed” profits in further improving your service and at the same time, generating more clients to your business by way of offering bonuses.

Start in a Jiffy

In comparison with other hobbies a person could have, online betting does not need you to learn new rules, exert some efforts or even invest in new equipment. Unlike with other sports, betting is fairly straightforward.

No additional requirements and you do not need to commit yourself in spending ridiculous amount of money. Believe it or not, you can even place a bet for as low as $5 or $1 if that’s what you feel.