Many people have a biased attitude towards betting. For example, they believe that betting is no different from a casino, in this area it is a complete fraud and it is impossible to make money on it. 
In this article, we will analyze:
What is betting
Betting is betting. To place a bet, players make a bet on the outcome of an event. The one who bet on the correct result or is closest to it gets a win. The conditions for receiving a prize depend on the specific agreement.
In fact, you can bet on anything: sports, politics, economics, events, etc. The main thing you need is the parties who will make this bet.
Where you can place bets
In the modern world, players mostly place bets in two ways: through bookmakers or through a betting exchange.
⃣ Via the betting exchange
In this case, players place bets against each other, and the exchange simply acts as a platform on which players find each other. The exchange receives its own commission from each bet. Thus, the exchange can not be in the red, because in any case, it receives a certain amount.
If a player places a bet that does not have an opponent, the bet will not be placed. This happens, for example, if a player has set too high a bet amount, against which no one is willing to bet.
2 ️ Via a bookmaker's office
In this case, the player makes a bet with a bookmaker's office and, depending on the outcome, either the bookmaker or the player receives a win. By analogy with the stock exchange, the bookmaker puts its own margin — commission in each bet, so the company will receive some kind of payment in any case.
To earn money on betting, it is not enough for players to win only bets: it is important to monitor the odds of bookmakers.
How bookmakers odds are formed
An important element of betting is the coefficient. The coefficient reflects the probability of a particular event. For example, that a certain team will win or vice versa-lose.
Usually, the following rule applies to the coefficient: the lower the probability of winning/an event, the higher the coefficient, the more you can earn if you win. And vice versa.
If bets are placed in a bookmaker's office, the coefficient is formed by bookmakers, if on a betting exchange, the coefficient is formed by the players themselves.
As a rule, to calculate the coefficient, bookmakers have:
Who even makes bets
All people who place bets can be divided into several groups:
Amateurs
Such players place bets without deep analysis or strategy. As a rule, in this case, betting acts as entertainment or an opportunity to add emotions when watching the game.
Fans place bets from time to time, for example, when there is a period of sports matches in their favorite sport or for the company of friends. They differ in that they do not make any deep analysis, but place bets based on their feelings or preferences. Most of the bookmakers ' clients are amateurs.
Gamblers
Ludomaniacs are people who are addicted to gambling. Ludomania is a dangerous disease: addicted people can bet for days, spend all their income, and even take out loans just to win back money. Because of such situations, betting is often compared to a casino.
Ludomaniacs make up approximately 3-5% of all players.
Professionals
For professionals, betting is not entertainment, but a full-time job and a source of regular income. To ensure that revenue is predictable, professional players carefully approach all stages of their work:
To become a professional in betting, you need to have a lot of experience in your chosen field. For such people, betting is not luck, but the result of many factors and an analytical miscalculation.
It is careful analysis that distinguishes a professional from an amateur, and betting itself-from gambling games like roulette, where everything is decided by luck.
Forkworms
This is a category of players who use a special strategy in betting — arbitrage bets or "forks". Forks can be used by both professional players and amateurs.
The idea is to place opposite bets on the same match. Due to this, the player will work at zero in the worst case (win as much as lose), and more often — get an average profit of 9-15%.
Bookmakers are actively fighting with fork drivers, because this reduces their profit. To do this, the security systems of betting sites analyze hundreds of behavioral and technical parameters of players. This includes users digital fingerprints — information about their device, browser, and connection.
To prevent the anti-fraud systems of betting sites from recognizing real data, experienced fork drivers use anti-detect browsers for betting. You can use these programs to change your data and impersonate another user. Anti-detect browser is expensive software, so we've compiled a selection of top anti-detect browsers to make it easier for you to find the right one.
For example, the anti-detection browser has a completely free plan with no restrictions on features and expiration dates. This rate is suitable for players who are just starting to learn betting.
Validity of bids
The attitude to betting depends on the specific country.
For example, sports betting is prohibited in Turkey, North and South Korea. In Russia, betting is regulated by several laws. In particular:
Can I make money on betting
Of the total number of players who regularly earn less than 5% on betting. This is due to the fact that for a stable income, you need to really understand the area in which bets are placed, analyze a large amount of data, and even this will not guarantee a win. At the same time, all professional players were amateurs at first. We will tell you more about betting and how to work in the next article
.
In this article, we will analyze:
- what is betting?
- how bookmakers work
- what is the bookmaker's coefficient?
- how betting is regulated by law
- and can betting bring a steady income
What is betting
Betting is betting. To place a bet, players make a bet on the outcome of an event. The one who bet on the correct result or is closest to it gets a win. The conditions for receiving a prize depend on the specific agreement.
In fact, you can bet on anything: sports, politics, economics, events, etc. The main thing you need is the parties who will make this bet.
Where you can place bets
In the modern world, players mostly place bets in two ways: through bookmakers or through a betting exchange.
⃣ Via the betting exchangeIn this case, players place bets against each other, and the exchange simply acts as a platform on which players find each other. The exchange receives its own commission from each bet. Thus, the exchange can not be in the red, because in any case, it receives a certain amount.
If a player places a bet that does not have an opponent, the bet will not be placed. This happens, for example, if a player has set too high a bet amount, against which no one is willing to bet.
2 ️ Via a bookmaker's office
In this case, the player makes a bet with a bookmaker's office and, depending on the outcome, either the bookmaker or the player receives a win. By analogy with the stock exchange, the bookmaker puts its own margin — commission in each bet, so the company will receive some kind of payment in any case.
To earn money on betting, it is not enough for players to win only bets: it is important to monitor the odds of bookmakers.
How bookmakers odds are formed
An important element of betting is the coefficient. The coefficient reflects the probability of a particular event. For example, that a certain team will win or vice versa-lose.
Usually, the following rule applies to the coefficient: the lower the probability of winning/an event, the higher the coefficient, the more you can earn if you win. And vice versa.
If bets are placed in a bookmaker's office, the coefficient is formed by bookmakers, if on a betting exchange, the coefficient is formed by the players themselves.
As a rule, to calculate the coefficient, bookmakers have:
- Cappersare sports analysts who work in a specific betting segment. Cappers specialize in calculating the probability of outcomes for specific sports/competitions/events.
- Special softwarethat calculates the probability of a particular outcome by analyzing a large amount of data.
Who even makes bets
All people who place bets can be divided into several groups:
Amateurs
Such players place bets without deep analysis or strategy. As a rule, in this case, betting acts as entertainment or an opportunity to add emotions when watching the game.
Fans place bets from time to time, for example, when there is a period of sports matches in their favorite sport or for the company of friends. They differ in that they do not make any deep analysis, but place bets based on their feelings or preferences. Most of the bookmakers ' clients are amateurs.
Gamblers
Ludomaniacs are people who are addicted to gambling. Ludomania is a dangerous disease: addicted people can bet for days, spend all their income, and even take out loans just to win back money. Because of such situations, betting is often compared to a casino.
Ludomaniacs make up approximately 3-5% of all players.
Professionals
For professionals, betting is not entertainment, but a full-time job and a source of regular income. To ensure that revenue is predictable, professional players carefully approach all stages of their work:
- they only place bets in certain sports in which they have experience and expertise,
- bookmakers check the conditions and odds in detail, analyze other players ' reviews and whether there are any problems with payouts,
- they develop and test different betting strategies,
- they closely monitor everything that happens in the selected betting segment and are constantly looking for new ways to more accurately predict and calculate winnings,
To become a professional in betting, you need to have a lot of experience in your chosen field. For such people, betting is not luck, but the result of many factors and an analytical miscalculation.
It is careful analysis that distinguishes a professional from an amateur, and betting itself-from gambling games like roulette, where everything is decided by luck.
Forkworms
This is a category of players who use a special strategy in betting — arbitrage bets or "forks". Forks can be used by both professional players and amateurs.
The idea is to place opposite bets on the same match. Due to this, the player will work at zero in the worst case (win as much as lose), and more often — get an average profit of 9-15%.
Bookmakers are actively fighting with fork drivers, because this reduces their profit. To do this, the security systems of betting sites analyze hundreds of behavioral and technical parameters of players. This includes users digital fingerprints — information about their device, browser, and connection.
To prevent the anti-fraud systems of betting sites from recognizing real data, experienced fork drivers use anti-detect browsers for betting. You can use these programs to change your data and impersonate another user. Anti-detect browser is expensive software, so we've compiled a selection of top anti-detect browsers to make it easier for you to find the right one.
For example, the anti-detection browser has a completely free plan with no restrictions on features and expiration dates. This rate is suitable for players who are just starting to learn betting.
Validity of bids
The attitude to betting depends on the specific country.
For example, sports betting is prohibited in Turkey, North and South Korea. In Russia, betting is regulated by several laws. In particular:
- The Tax Code. You must pay a tax on any winnings.
- Federal Law "On Personal Data". All betting organizations must obtain and store user consent for data verification. You need to check the data, for example, to find out the user's age, whether he is a resident, to submit data to the tax service, and so on.
- Federal Law "On State regulation of the organization and conduct of gambling". It sets out the rules for conducting the activities of bookmakers.
Can I make money on betting
Of the total number of players who regularly earn less than 5% on betting. This is due to the fact that for a stable income, you need to really understand the area in which bets are placed, analyze a large amount of data, and even this will not guarantee a win. At the same time, all professional players were amateurs at first. We will tell you more about betting and how to work in the next article
.
