SPORTBOOKS (SPORTS BETTING)
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| WHAT ARE SPORTBOOKS (IN ENGLISH) |
Sportbooks is the term for sports betting, there are lots of sports that can be bet on in sportsbooks, such as Football, Basketball, Cricket, Volleyball, Beach Volleyball, Cricket, and many other things.
Because there are so many types of sports that are bet on, it is impossible for us to study them one by one, but we will focus on learning about football about the rules, the market system and the betting.
Football is a game of 11 vs 11 (10 main players + 1 goalkeeper), the football played has a normal time of 2 X 45 minutes, in some matches there is also additional time known as Extra-Time (2 15 Minutes) and Penalty (Each has 5 opportunities to kick the ball into the goal).
Normal time, normal time is the time played for 2 is part of the 1st half, likewise if the time has reached 90 minutes, then the referee gives 5 minutes of additional time, then this addition is included in the 2nd half. The total additional time given is the referee's decision (this refers to FIFA regulations regarding Injury time, VAR Checking, and other summaries on the field are not part of normal time, so if there is a match that wastes too much time then normal extra time is given). will be awarded by the referee very much).
Additional time, additional time is time that is not included in the full time of 2 X 45 minutes, the additional time in question is Extra-Time 2 In general, not every match has extra time, because under FIFA rules extra time is only given for certain matches, such as matches that do not use points and must determine the winner right away, but in the final match it is possible to have extra time. (2 X 15 Minutes). Extra time is held when both teams have a draw, in general Extra-Time bets will appear 10-15 minutes before the full round ends.
General terms in sports betting (SportBooks), WIN "W" (= Condition where a bettor gets a full win), Win Haf "WH" (= Half Win, is a condition where a bettor only gets a partial win), LOSE "L" ( = Lose is a condition where a bettor is said to have lost completely), Lose Half "LH" (Lose Half, is where a bettor is declared to have lost half, for bettors who make a single bet the bettor's capital will be returned only half), DRAW "D" (Draw, this is a condition where the bet is declared a draw).
Types of Bets, there are many types of bets in soccer betting but we will not explain them all, we will only explain some basic things. Basically in the game of football there are 3 basic types of bets,
1X2 (1 : Home, then the final result of the match must be balanced so that the bettor can win. If the bettor chooses Away, then to win Home must be the winner in the match.
HDP (Handicap) we often call handicap "Hold and Poor" holding and giving points, so in this market there are those who give points and there are also those who hold points. The following is an example: Home +0.75 / Away -0.75 means that a bettor will choose to hold or give points, if he supports Home then he gets 0.75 points (3/4) and if the final result is 1 for home and 0 for Away, then the bettor who chooses Home will win in full (WIN), if the result of the match is Home 1 and Away 1 then the bettor will also win in full (WIN), if the final result is Home 0 and Away 1 then the The bettor will experience defeat, but will only lose half (LOSE HALF) and if the result of the match is Home 0 and Away 2 then the bettor will experience a complete loss (LOSE).
O/U (OVER/UNDER) is a type of bet that guesses the score from the match result, there are only 2 choices, namely guessing OVER or guessing UNDER. An example of this bet is as follows, the open market is 3.25 so if someone chooses Under to win in full then the maximum goals in that match is 2 ((If there are 3 goals in that match, the bettor who chooses Under is declared a Win Half) If there are 4 goals in the match then the bettor is declared a complete loser (LOSE), however if a bettor chooses OVER 3.25 then to be able to win completely the bettor must get a minimum of 4 goals (if there are only 2 goals in the match, the bettor with an over bet, you will be declared a full loser (LOSE), but if the match results end with a total of 3 goals, then the bettor will be declared a half loser (Lose Half). It should be remembered that the OVER/UNDER type is a type of bet that guesses the total goals of the match. both teams (Home and Away).
HT/FT is the time of the bet type, Half Time "HT" (The time of this bet is only 1 X 45 minutes, only the first half), Full Time "FT" (The time of this bet is 2 X 45 minutes, or until the first half normal ends).
This Single Bet is a bet that only involves 1 team, the odds for a Single bet are quite small because it only involves 1 team.
This Parlay Bet is a bet that involves more than 1 team (Normally a parlay will apply to 3 or more teams). Many people choose parlay because the payout is more than a single bet, but in parlay if we choose 4 teams and there are only 3 teams available. wins and 1 other team loses completely, then Bill parlay will be declared all losers. (The way to calculate a parlay bet is to multiply the odds for each team. Example: Team 1 has odds of 2.14, Team 2 has odds of 2.11, Team 3 has odds of 1.93, Team 4 has odds of 1.64, then if all these teams win the total odds of the parlay bill this is <2.14 x 2.11 x 1.93 x 1.64 = 14,292> this will only happen if all teams win in full) you can use the Parlay Calculator application to help you calculate the total parlay odds if in the parlay bill there is a team that Wins Half "WH" or Loses Half "LH".
Calculating bets, you will only find Half Win (WH) and Half Loss in the OVER/UNDER and HDP bet types and this only applies to the 1/4 and 3/4 markets. Example of 1/4 market: 0.25, 1.25, 2.25, and so on, Example of 3/4 market: 0.75, 1.75, 2.75. Half Win "WH" and Half Loss "LH" will only be found in the 1/4 and 3/4 markets, here's how to calculate it. "WH" formula if the basic odds are 1.80 with a bet amount of 100,000 Rupees then if you win in full, the member will get a win of 100,000 x 1.80 = 180,000 but if the member only wins half then the odds will change to be as follows <WH Odds Formula {(basic odds - 1) : 0.5 + 1} then (1.80 - 1) : 0.5 + 1 = 0.80 : 0.5 + 1 = 0.40 + 1 = 1.40 WH odds of 1.80 is 1.40) then the player will only win 140,000 rupees, and if the The player gets a half loss "LH" then the way to calculate it is (the basic odds are changed to 0.5) so if the player loses half then he gets 0.5 x 100,000 = 50,000. This calculation method also applies to Bill Parlay, for example if there are 3 teams with combined odds. Team 1 has odds of 2.1, team 2 has odds of 2.41, team 3 has odds of 2.4, with a bet of 10,000 then if all the teams in the bill win then the total odds is 2.1 x 2.41 x 2.4 = 12.14 then the player will get a total win of 12.14 x 10,000 = 121,400 but if the final result is Team 1 wins in full, Team 2 loses half, and Team 3 wins half, then the estimated payout of 121,400 (12.14) will change becomes 2.1 x 0.5 x 1.7 = 1,785, the odds of a bill parlay with 3 teams which were previously 12.14 have changed to 1,785, so the total that the player will get is only 17,850. I only explain how to calculate 3 teams, for bill parlays that have lots of odds, you can use a parlay calculator.
Betting during a match, this is called a Single Bet on Street Football, which means a player can make and place a bet while the match is in progress, for OVER/UNDER, 1X2 all the rules used are the same, but for HDP there are slightly different rules, for example if there is a match in progress between Real Madrid and Barcelona with a score of 1-0 with the market Real Madrid +0.75 and Barcelona -0.75, with the final result being 1-1 and the bettor choosing a bet of -0.75 then the bettor gets a partial win, but if the bettor chooses Real Madrid +0.75 then the bettor experiences a complete loss, this happens because when the bettor bets on a match that is in progress and chooses the HDP bet then the score that has already taken place will be recalculated to 0-0 or it can be said that the HDP will valid with a neutral score.
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