Advantages of Football Betting
Today, the Bulgarian market of bets contains many bookmakers that give customers ample opportunities to win. When selecting the bookmaker, one must pay attention to the number of users on the site – the more users, the better to attempt bets there. One must also learn to compose football match odds – everything depends on this.
The most important advantages of betting with a bookmaker are:
- anonymity;
- reliability of legitimate platforms; no possibility of losing;
- convenience;
- selection of bonuses and promo;
- in instantaneous ability to place a bet and observe the match online.
You will have an opportunity to place a bet without risking that someone will find out — Bulgarian online bookmakers guarantee safety and confidentiality of each client's data. To ensure it, you might check if there is a license on the website. Betting on football with bookmakers also has other advantages. First, the clients save time by doing all of it online. In this current era, to place a bet on football online, you don't have to go to a betting shop anymore.
All bookmaker websites have odds-friendly features – you are free to perform many actions simultaneously: watch the game, follow lines, place bets, check winnings, and others. Customers are not just offered convenient conditions but also generous bonuses and forecasts made by seasoned experts. These conditions have a positive impact on the great debut of new gamblers.
How Odds Work
Take caution when having football bets with high odds. Basically, an odd is a multiplication factor indicating the likelihood of victory of a team. Odds are regarded as being high if the figure is 1.5 or 1.6 and higher – that is, there is a great chance the bet will lose. Other values are also applied:
- X – match abandoned;
- P1 – the first team won't win, and others.
Let's take an example. The bet is 700 BGN and the odd is 2.00. If the player betted correctly and the forecast is true, then the bookmaker will add 1400 BGN to the player's account, 700 of which is clean profit.The odds can be altered:
- increases and decreases can occur prior to and during the match;
- to verify the odd size, you need to close the bet slip and click on the "place bet" button.
Once this step is done, nothing can be reversed. It is impossible to change the odds or bet after it's been placed. To make money betting, it's necessary to follow today's football odds regularly. The above experience and wisdom are acquired over time, and in the beginning of a betting career, it's better not to risk dubious or improbable bets, but to earn a small yet steady income and feel confident in the future.
The majority of bets are placed live, most frequently from the 75-80th minute based on the number of goals scored. The chances of scoring an additional goal increase with every minute. These "high" probabilities increase the chances of winning and guarantee profit for the bettor. However, to succeed, you should choose only those teams that fight fiercely until the last minute and where the game is very dynamic.
Formula for Calculating Bookmaker Odds
All prematch and live events are determined odds using a special formula. It is used by all bookmakers indiscriminately: "odd = 1 divided by P". In the formula, the value "P" represents probability to win or a positive result. Decimals – e.g., 6.25 – are used by Bulgarian bookmakers in odds of football.
When the bookmaker posts odds for a match between two strong teams, the multiplier is employed as 2.00. Both teams have equal chances of winning, thus the equation would be: odd = 1/0.50, i.e., 50/50% chance to win. However, because of experience, the odd will be smaller in value because the margin (commission) is always kept in mind.
If the margin were not held back, the bookmaker would earn no cash since 100% of the money would go to the player. It is therefore important to use this formula and understand how football betting odds are determined. Not only does one create randomly constructed coupons with it, but one also analyzes each event and offer and decides in favor of a worthwhile chance.
The Concept of "Margin" in Football Betting
Without margin, bookmaker work is impossible — it is a sum of commission, deducted from every bet. This is effectively the underlying source of bookmaker income from customer activity on the platform. The amount of margin and actual amount can vary and are determined by bookmaker policy. The margin differs depending on sport and event type.
Before calculating football odds, one must look over the margin size. You don't necessarily need to do this yourself; you can just take a look at the odds on the bookmaker's website. Below is why this needs to be done for the bettor:
Bookmaker 1 (conditionally) expects a red card with an odd of 3.1;Bookmaker 2 presents the same event at 3.3;the total bet is 1,000 BGN.
If the referee shows a red card during the match:
- Bookmaker 1's bettor receives 3,100 BGN;
- Bookmaker 2's client receives 3,300 BGN.
The discrepancy is small — only 200 BGN, but one player is still in profit and the other one is not. This has been achieved despite the fact that both players got it correct. In order to avoid risks, every high-odd football bet must be well calculated.
Do Odds Change in Live Betting?
Odds on a win by a team in live betting can increase, something that never happens to the underdog, and vice versa. In football, it is based on goals scored, player injuries, weather conditions during the match, and other unexpected factors.
Experts attentively investigate the condition of the team and all these signs, promptly responding to every influence on the outcome of the bet. Some players examine what occurs prior to and during the game themselves, providing opportunities for catching profitable football odds and bets online.
