Monday, September 29, 2008

ODDS - THE PAYOUT FOR YOUR BET

When you place your bet in Asian Handicaps, you will have to take note of the odds offered by the bookmakers. The odds will determine the payout of your bet. Odds can and will change from time to time depending on the people/punters choice of bet. The odds will reduce if more bets are received for one particular team or the opposite will happen.






Lets look at the above example. Chelsea as the home team are giving a handicap of (-0/0.5) to Man Utd. The bookmaker are offering odds of 0.96 if you take Chelsea and win the bet. While, Man Utd odds are at 0.90 if you win your bet. Basically there are only 3 outcomes of the match which will decide how much you win or lose. Lets look at the outcome one at a time and we are assuming that you bet on Chelsea with USD100.

1) Chelsea beat Man Utd
You win your bet. The calcuation for your winning are as follow: USD100 X 0.96 = USD96. Your winning amount are USD96 due to odds offered by bookmakers 0.96

2) Man Utd beat Chelsea
You lose you bet. You lose USD100.

3) Draw game
You lose half of your bet. You lose USD50. If your choice earlier are Man Utd, then calculation for your winning are USD50 X 0.90 = USD45. Due to the handicap of (+0/0.5) you only win half of your bet which is USD50 but the odds offered is 0.90 from the bookmarker. So your actual winning are USD45.


Example 2:





Lets look at another example. For the same match, Chelsea are not giving any handicap to Man Utd. The game start at even for any team you choose. But the odds offered by the bookmaker are different.

Chelsea Win - the outcome of your bet...
By taking Chelsea you stand a chance to win 0.80 of your bet if Chelsea win (USD100 X 0.96 = USD96). You will lose all your bet (USD100) if Man Utd win.

Man Utd Win - the outcome of your bet...
If your choice are Man Utd you will win USD100. You will only lose USD80 if Man Utd lose.

Draw Game...
If the game ended in a draw you neither win nor lose your bet.


Odds offered varies from bookmakers. You will have to look for the best odds to place your bet in order to maximized your return. Monitoring the movement of the odds will reveal the punters choice of bet for the match. Good Luck & Win!!!

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