Betting system and calculation of the winning amount

A sports betting system is a set of repeated practices or rules that a player will use in order to make winning sports bets.

If you decide that you are going to bet on all NFL underdogs at home when the spread is greater than 7 points, you are using a sports betting system. If you choose to bet all of the state’s champion wrestlers on their UFC debut, you are using a sports betting system. If you decide to bet on any NFL home team that scores between three and seven points and that scores two wins in a row against opponents with a home record above 0.500, only if their opponent has a losing record for the season, you are using a sports betting system.Basically, whatever set of parameters you come up with to help you pick a winner is a sports betting system. The system can be simple, as in the first two examples, or much more complex, as in the third example.

Sports betting systems

Sports betting systems are a great way to add structure to your sports betting and provide a fantastic, emotionless way to play successfully. Developing your own system definitely has its advantages, but it will take a lot of hard work, research and some experience. If you are ready to take your sports betting to the next level, consider developing a sports betting system.

Calculation of the amount of winnings

Using betting systems, the player can calculate his planned winnings in advance. It is important to understand how the bookmaker calculates bets. Depending on the rate – single bet, express and others, the calculation is carried out in different ways.

The prize is calculated, as a rule, at the end of the event. It happens very simply: the amount of the bet must be multiplied by the final coefficient. Loss calculation can be made at the end of the match and less often during its course, similar to winning. The calculation of the refund can be based on the rate as a whole, or on one event from the express. If there are more than two matches in the accumulator, then it will be very simple to calculate the total odds for a return for one or several events: the total odds for the express must be divided by the odds by which the return occurred.

For self-calculation, it is better to use a calculator that shows the effectiveness of your betting system based on several key indicators. It is necessary to take into account the number of bets, the number of simulations, the average bet size and the weighted average odds. It is easy to find different calculators on the Internet, with a different set of values ​​and formulas. Simple probabilities often run counter to common sense. What is the probability of winning by luck? How many bets do you need to take into account that the results are not affected by variance? Therefore, the mathematical approach provides greater accuracy.