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How to Make Profit in Betting Online
In this article I will show you how to maximise your profit in betting online. This may not be applicable in all the matches, but its possible in maximum matches and tournaments. There are some criteria in which it can be possible. Below are the conditions in which you can maximise your profit and reduce your losses:
1. Where the chances of both the teams take an example of Mumbai Indians and Rajasthan Royals in Pepsi IPL 6 , 2013 series, here both the teams are almost or we can say when both the teams are of the same level or potential.
2. This is Possible only in in-play betting or betting during the match.
3. When the odds
goes over 2.0 (Decimal Odds) for both the teams or there are much ups and downs in the match.
Now I will discribe you in detail how it works. We have taken an example of Mumbai Indians (MI) and Rajasthan Royals (RR). I see the odds were 1.53:2.30 in the begining of the match on dafabet.com website. That means if we stake $1 for MI we will get a return of $1.53 that is a profit of $.53 and if we stake on RR whoes rate was 2.30 we would get a return of $2.30 that is a profit of $1.30.
In this situation the chances of winning of MI is more then that of RR. So in general people will start betting on MI, but according to me in these situation you better wait for the match to start and bet during the match, why i am asking you to wait to get the match started just becouse we can get a better odds then the current one.
You may observe that at times the odds will go above 2.0 at that time u stake on the them whoes rate is going high and dont stake when the rate is below 2.0, and again stake on the other them where there rate is going high that is going above 2.0. I recommend to bet on both the teams so that you can avoid any losses and make only profit. During the match i see RR rate was around 2.20 and MI rate was 1.80, so I bet on RR when it was 2.20 and i waited for MI's turn. Again in the second inning i saw that MI showing bad performance and its rate is getting higher somthing around 7.0 to 10.0 so i bet again on MI at the rate of 8.0.
So what happens if any of the team wins? If RR will win you will get a NET PROFIT in positive and same with the case of MI. Let me clerify it by making a formula.
Net Profit= Total Return - Stake 1 - Stake 2
Lets take if RR wins, if we stake $1 on RR $1, and
$1 on MI and rate is 2.20, therefor the net profit will be:
NET PROFIT = $2.20 - $1 - $1
= .20
There is a profit of .20 which is not bad, we are still in profit.
Now lets see IF MI wins, if we stake $1 on RR $1, and
$1 on MI and rate is 8.0, therefor the net profit will be:
NET PROFIT= $8 - $1 - $1 = $6
In this case we made a good profit.
We know betting is full of risk and without risk there is no gain. But there are
some situations when you can make easy profit.
In-Play betting is best for all the bettors where we can reduce of losses and make profit, I highly recommend to all Indian bettors to open an account with bet365 so that they can enjoy the betting experience.
And just rememebr betting is risky so bet responsibly. You must bet with the money whoes loss dont affects you.
