In this concept further deepen the moment these concepts today I think for the uninitiated or novice enough. The price or fee is the mainstay of a bet. It is the price that is paid in forecasting accuracy.
It is what encourages us to bet. Excuse me, is something that could incite to bet. Why do I say this, Because the price is the scale that should be assessed based on risk our money in a forecast bet or not.
The theory says that the price is the inverse of the probability of an event. That is, the more difficult an event occurs, the better you should pay. Mathematically, the reverse unit is divided by the number of which we are calculating the inverse 1 / X.
Now back at the end of the first paragraph, specifically the time when I quote quotes as “scale” to bet. When should we bet. One of the basics of good bettor says that you should only bet when the odds at the bookie of an event be lower than we give ourselves.
Returning to the previous example, if we believe that the chances of the victory of the Greek team are higher than 20% which gives the bookie, (say 30%) then just call a bet with value. So far we had only talked about normal betting houses, where you enter, you see the quotes that the shift has odds maker, and decide whether to bet or not to bet.
The bookmaker pays a 5 € the victory of Olympia, while we believe that you should pay € 3.33, which means that we will make more money than you deserve the outcome if we were victorious. Another thing is to do it with caution, because a world in which you have fifty Live interactive gaming and attracts anyone and that’s not good. Just use the in Live to have fun and, why not, to lock in profits or minimize losses.
