How To Calculate True Odds In Soccer

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How To Be An Odds Calculator

Your typical mug punter tends to gamble based on heart or random hunch.

Bookmakers on the other hand tend to put a bit of effort into trying to calculate
true odds for a soccer match or sporting event.

True

It is hackneyed advice I know but if you want long term success at soccer betting
then one must try and restrict bets to those where you believe odds on offer from
the bookmakers exceeds true odds.

Bookmaker soccer odds are easy to find but how do you calculate true odds?

Well there are many ways of determining true soccer betting odds.

True Odds = 1.9025 Given the 5% commission we will be charged on this bet, our true odds are 1.9025. If we made the same bet at a traditional bookmaker at odds of 1.91, we would have made a profit of £91 as opposed to £90.25 on the exchange. The quality of the odds you are getting is essential, and if you don't know how to calculate them on your own, you should learn. Not understanding the odds is the main reason people lose funds in the long run. In our article, we would help you learn more about football betting in general, and how to understand odds better, and how bookmakers work. How To Calculate Value Bets. Before we discuss the methods for developing a sense for betting value, let's first briefly discuss the concept of value betting itself. In particular, how to calculate value bets. What is a value bet? A value bet is simply a bet where the likelihood of a given outcome is greater than what the odds on offer reflect.

What we have for you here is a free download pdf explaining one method.

Betting Odds Calculator. This is the% that you will need to win a bet with the entered odds in order to break even. For example if the odds were +150 you would need to win that bet 40% of the time (4 out of every 10 bets) in order to break even. Any percentage higher than 40% and you will be profiting. This is a great tool for beginners that.

It was taught to one of our soccer betting expert advisors here whilst he
was working for a major bookmaker.

It is a very useful primer if you want to set down the route of calculating or compiling your own soccer betting odds.

Download your copy at the link below.

What Next?

How To Calculate True Odds In Soccer Ball

We also offer a Totally FREE mini soccer betting course written by an odds compiler mate.

No silly hyped up miracle system type stuff.

More so very good solid advice from someone with
years sitting on the bookmaker side of the fence.

How do you calculate true odds

A good builder builds a house on a strong foundation.

This course can help you plant your feet firmly for your
attack on the bookmakers this soccer season.

> Soccer Betting Tips <

True odds calculator football

And Then?

How To Calculate True Odds In Soccer Scores

I'd like you to take a value bet to a one pound stake.

How to calculate true odds in soccer ball

Read more about the qualified team you will have on your side on our home page

>Football Bets <

Ex Bookmaker Odds Compiler Reveals A Few Tricks In Our FREE Soccer Betting Course


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Before we go any further, we need to explain what a parlay is fully.

By definition, a parlay is a group of multiple individual bets (two or more) that are connected together and treated as one big wager.

In order to win the entire bet, you have to win each of the individual bets on your parlay. If you lose one individual bet, then you lose the entire parlay bet.

Why would you ever want to group bets together and force them to be dependent on each other?

The reason is that the sportsbook will pay you out much more money for correctly picking multiple individual bets together.There is more risk in this type of bet so it should be expected that we are offered a higher reward for making this wager.

Let’s compare betting three games individually versus betting them as a parlay.

Let’s assume that each game is -110 moneyline odds.

Let’s also assume that our bankroll for these three games is $300. We’re going to look at the scenarios if we picked all three games correctly and if we only picked two of the games correctly.

How To Calculate True Odds In Soccer

If we bet the games individually, we would bet $100 per game.

GameBet AmountOddsOutcomeProfit/Loss
Game 1$100-110Win$90.91
Game 2$100-110Win$90.91
Game 3$100-110Win$90.91
Our total profit would be $272.73 if we bet all three of these games individually.

Now, what would happen if we picked all three games as a parlay bet? This time, we would place a single bet of $300. We will go over how to calculate parlay payouts in the section below here, but for now, we have done the calculations for you.

The profit on this bet as a parlay would be $1787.40! Even if we only bet $100 total, we would see a profit of $595.80. As you can see, you can bet 1/3 of the amount you bet total in the individual games and still make more than double what you would betting the games individually.

At this point, a lot of people are wondering why you would ever bet anything but parlays. You can bet less and make so much more! Well, as you are probably guessing, there is more to the story.

Let’s look at what happens in our same example, except this time we only pick two out of the three games correctly. We bet the same games again for $100 each individually, and we are correct on two out of the three games.

GameBet AmountOddsOutcomeProfit/Loss
Game 1$100-110Win$90.91
Game 2$100-110Win$90.91
Game 3$100-110Loss($100.00)

If we bet all three of the games as a parlay for $300 (or $100), our profit is negative $300 or negative $100. If you get even one game wrong in a parlay, you lose the entire bet. You’ve now seen the downside to parlays.

You have to be perfect to cash in, or you lose.

Even if you only get one game correct betting them individually, you’re only going to lose $109. If you bet the same $300 on a parlay, though, you lose the entire $300. The risk is higher for parlays, but the associated reward is also higher.