Are you new to the betting? Then you must have a lot of research to do before jumping into the market. Especially with so many bookmaker options to choose from, the job is not easy. Whichever bookmaker you choose, I recommend opening your account with the most trusted betting agent – BET-IBC to ensure a high quality experience.
Two factors determine how much you earn while betting: your stake and odds. Bookies take many things into consideration while they are determining the odds and the first one of these is the profit margin. Bookies calculate the profit margin automatically when they are choosing the odds. The bookies that set their profit margin for less than 5% would satisfy its bettors more. Profit margin is the first thing the bookies consider. It sets the total odds. However, who the favorite is and how these odds are set can be seen by following the competitions closely. The recent results the teams got, the goals they scored and many other statistics help the bookies make a decision about their odds.
The referees also play an important role when deciding the odds, especially in football competitions. The cards the said referee tends to use often if he allows rough play etc. shape the odds as well. These factors are especially important when the bet is based on the number of goals and cards.
The weather contributes to how high or low the odds are as well. If a team who likes to kick the ball around plays on a bad field, the odds will automatically be higher than expected. With the best betting software – VIP-IBC you are able to see all the odds in one screen side by side and you are able to immediately compare and make the selection you want.
Do your own research and set your odds yourselves!
When betting, the goal is not to win against the bookie if you are not playing at the betting market. And in order to win, you need to get ahead of the bookie.
If you want to bet on a certain game, you need to do your own research and set the odds for that game in your mind before checking the odds at your bookie. If the odds are above what you had in your mind, placing the bet makes more sense.
Setting the odds work to a certain extent in football bets but if you are betting on sports like American football or basketball in which you need to take the handicaps into consideration, setting the odds and handicaps might help you find quite valuable bets. You definitely need to have knowledge concerning both of the playing teams, otherwise, your odds and handicaps will be unreasonable and your bet will be faulty.
But in most cases, you can find great odds at the market. Sign up for free for best betting software where you can compare and find the greatest odds available! You will not be disappointed!