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SPORTS BETTING MECHANICS: SELECTION, WAGER, RETURN, STAKE, AND ODDS
Richard Lindsay | 12:10am GMT 05 December 2024
You will find this article helpful if you are intimidated by the terminology and mechanics of sports betting. Once you learn the basics, sports betting is quite simple and easy to understand. Hopefully, you’ll find the information in this article helpful in your career as a football gambler.
Selection
Simply put, the selection refers to your choice of games. For instance, you can select win or draw. If Liverpool were to play Chelsea for example, then the three most basic predictions are Chelsea to win, Liverpool to win, and a draw. If you don’t want to select any option from this game, you can select two teams from another different league entirely, perhaps even another sport. Essentially, your selection is your prediction of the outcome of any sporting event.
Wager
Nowadays, saying you want to make a wager is an old-fashioned term, but it is still used. The term refers to the bet and every condition that it contains. Alternatively, the wager consists of the odds offered, the selection, the stake along the bet. You can get more information if you have a look here.
Return
The Return refers to how much a given bet pays out. The amount is based on the odds of your win and how much you get in return on your stake. In the case where a gambler makes a wrong selection, they will lose their stake and get no return.
Stake
A stake is simply the amount you want to bet on a particular selection. When you have chosen a specific outcome to bet on, you then have to determine how much you wish to wager. Therefore, if you want to wageR$10, your stake isR$10. When it comes to high stakes betting, the value of the bet is usually high.
For table games, a casino may set a maximum and minimum stake, and bookies may do the same for the sports bet option. Generally, online betting gives you a lot more flexibility when it comes to what you decide to stake.
Odds
Odds are the price you will pay for your selection. In theory, it is the chance that the event you selected will occur. In other words, if your chances of scoring a goal are 5/1, then for every 5 shots you take, one should come off. You should also know that the odds offered by not be the same as the chance of your selection happening. That’s where gambling comes in.
If the odds offered for your selection to happen doesn’t fall within your beliefs, then you may have spotted a bad or good bet. As a general rule, bookmakers are excellent judges of odds and appraise them accordingly. Look out for these bookies’ odds.
To put in Perspective
To winR$1 in a 1/10 price, you need to stakeR$10 on the game. In this case,R$10 would provideR$11, The return is made up of yourR$10 stake plus theR$1 you won. A bet ofR$1 would win youR$10 if you placed it at an odd of 10/1. The return you get from yourR$1 bet combined with theR$10 would beR$11. In all cases, if a bet wins, the stake plus the amount won will be returned.
Conclusion
With the understanding of how a sports bet works, you’re ready to bet. It’s okay to make a few single bets before moving on to multiples and accumulators, but understanding these terms will help you know how to gather your bet accumulation.
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Graduate of UCSD and has worked in the software engineering field for 35 years
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A primeira vez que atletas e dirigentes da cidade usaram o termo em uma emissora independente foi na TVB Brasil em 1991, quando o locutor José Carlos Machado classificou o grupo Svante nas quartas de final da Liga A2 (atual Liga A7).
Em janeiro de 1998 pela TVB, a emissora transmitiu a 1ª edição do torneio entre Svante e o Al Ain (clube de seu maior rival, o Al-Attiyah), a partir de 13 de janeiro.
No verão de 1998, José Carlos Machado passou a usar o nome C.S.B.
de seu clube, o Cajaal, para promover as
competições de voleibol de São Paulo.
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Foi o primeiro título em duas décadas desde 1964, quando foi campeão escocês da Copa do Mundo.
O torneio foi disputado por seis nações.
O Torneio Rioturga de 1960 foi disputado apenas entre os campeões britânicos, holandeses, franceses e irlandeses de Londres.
O campeão foi o Brasil, vencedor da Copa América de 1966, vencendo a Copa do Mundo de 1990.
O torneio foi dividido em três torneios, o Torneio Rioturga de 1968.
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