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For example, 3/1 odds mean you profit three times the amount you wagered. AR$1 bet at 3/1 would pay outR$4 in total, or aR$3 profit and yourR$1 original wager. Conversely, 1/3 odds mean you profit a third of what you wagered. AR$30 bet on 1/3 odds would returnR$40 total, or aR$10 profit and yourR$10 original wager.
1) Team/player Performance: Bookies closely analyze the performance of teams and players involved in a particular event. They assess recent form, past results, and overall skill levels. Stronger teams or players are likely to have lower odds, reflecting their higher chances of winning.
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Best Sports to Bet On: Key Insights
College football offers the most value to bettors across all bet types, closely followed by the NFL.
Baseball offers the lowest potential value across all bet types.
College basketball offers significantly higher potential ROI than NBA betting.
How to win at betting in 10 easy steps the bookies don't want you...
Know your sport inside out. ...
The favourite doesn't always win. ...
Don't just stick to one bookmaker shop around. ...
The fewer selections, the better. ...
Avoid the temptation of odds-on prices. ...
Consider the less obvious markets.
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