Understand the value of the odd is nothing more than a series of factors that determine the success percentage of each scenario. And when there is a big favorite, there will be a lot of bets, so this way the price gets even lower and that doesn’t mean the bet will hit.
You, and no one will ever know the outcome of a future event. What we do is analyze it in advance and place a bet. What we should not do is bet on it simply for the low value of the quote.
Odds (left) and% Success (right)
Below what some odds mean in percentage of success. we bet many were not even informed about it that it should be something basic.
- 5.00 – 20%
- 4.00 – 25%
- 3.00 – 33.33%
- 2.00 – 50%
- 1.90 – 52.63%
- 1.80 – 55.55%
- 1.70 – 58.82%
- 1.60 – 62.5%
- 1.50 – 66.66%
- 1.40 – 71.42%
- 1.30 – 76.92%
- 1.20 – 83.33%
Avoid the 3 mistakes we wrote above. Rest assured that you will save money and know when not to put your money on the gambling sites. Among the errors, the main saying here is the third. A low odd does not necessarily mean that the event will hit, it is only theoretically more likely to happen.
Anyway, it is really important to analyze your bets. We suggest you read my great text How to do an analysis to bet on football to get it started.
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