Positive American Odds These odds reflect how much you win on a single 100 bet For example a positive American odds 110 would win 110 for a 100 wager Negative American Odds The odds indicate how much you must bet in order to make 100 profit For example a wager on a team with American odds of 90 would win 100 on a 90 bet
Martingale strategy The problem is most folks end up bankrupt past 7 or 8 turns and we have had 8 day losing streaks quite often in recent years We just had a 6 day in April The worst was 12 days in the 1960s A 1k bet at 12 turns would require 4M to stay afloat You could size low and bet 100 a day with a 400k account
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The odds for a certain event is 200 Thus having made a bet in the amount of 100 units of money the bettor will get back 200 if the bet works or in simple words the desired event will occur The value of the odds indicates the confidence in the occurrence of a certain event The higher it is the more likely the predicted outcome
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Bet Type Definition Highest Maximum Win Potential Straight bet A bet on a single outcome of an event for example Moneyline Point Spread Totals OverUnder Prop Bets Medium Limited by the odds of the individual event Parlay A bet on multiple outcomes of different events
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Free Bet Calculator See how much profit you can guarantee yourself by betting the other side of a free bet Hold Calculator Calculate how much of a cut a sportsbook is taking on a betting market based on the odds Odds Converter Convert between the three odds formats including American Decimal and Fractional
Example You have a 100 bankroll and find a bet at odds of 200 Assume you estimated a probability of winning the bet of 40 A 100 bet pays out 200 as profit so b 2 Probability q is 1 40 60 Heres the calculation f 2 x 40 60 2 010
This easy to use reliable bet calculator works out returns for Accumulators Lucky 15s Doubles Trebles Each Ways Football Horse Racing and more
If on the other hand you want to include ties into the whole calculation the formula gets a bit more complicated It is usually assumed that a tie is worth the same as 12 of a winIn such a case you can use our percentage calculator or evaluate the percentage by hand in the following way winning percentage wins 05 ties games
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Found a 100 winrate strategy roptions Reddit
If this happens placing the correct bet on each of the three markets will bring us a profit regardless of the final result How Lets say we have 100 units to invest If we place a 4275 bet on a Real Madrid Win with the second bookie 3050 with either of them on Draw and 2670 with the first bookmaker on a Barcelona Win we cant lose