Although Tips2Bet provides you with all the informations you need for long-term success in betting, you still have to understand the basics. So let‘s start in the very basics:The principe is simple: You bet against the bookmaker. If you bet on the correct outcome, you win, if not, your opponent, the bookmaker, wins. Doesn‘t matter on what outcome you bet, the bookmaker automatically accepts the bet on the opposite outcome.
Just keep in mind your opponent is a world-class player which tries to predict the outcomes of future events (in this case football games) by analyzing the past. All these informations the bookmaker gathers result in an odd which is calculated by them. On every outcome they calculate an odd which you can place your bet on.Now depending on how high the odd is, you can make various betting returns.
Higher odds go in with higher risks, but the win potential is also higher. Your possible win is calculated like this:(YOUR STAKE) * (BOOKMAKER‘S ODD) = YOUR POSSIBLE WINSo let‘s pretend Real Madrid plays against Barcelona. We think there could be plenty of goals in this game. So we plan on betting on „over 2.5 goals“. So this means we bet on the outcomes that there will be 3 or more goals. As soon as we place the bet, some bookmaker‘s offer an „early cash-out function“ which gives you the opportunity to step back from your bet and to receive your remaining stake which height is depending on different factors. If the option is not used, after the first 90 minutes the bet is decided and you receive your returns:- By win:(YOUR STAKE) * (BOOKMAKER‘S ODD) = YOUR POSSIBLE RETURN- By lose:- (YOUR STAKE) = YOUR POSSIBLE RETURNThe betting sections we use the most are: 1x2, Goals, Corners, Asians, Halftime, Correct Score and Specials.Besides these sections we use different betting types. For example there are bets you can place while a game is played live or you can combine different predictions into 1 big bet (= called combination, accumulator or parlay).
You can make combinations with up to 14 games at some bookmakers. The math behind the combinations is this (the following is pretend to be a combination out of 3 games):(ODD1) * (ODD2) * (ODD3) * (YOUR STAKE) = POSSIBLE RETURNNow you need to hit all 3 outcomes on which odds you bet on to win your combo sheet and the possible win. We, at Tips2Bet, do usually not bet combined since the risks are just too high. Our application is perfectly built up to increase the returns in single-game betting (= betting on maximum 1 outcome per bet).