Sports Bets can be Made not Only in Betting Shops

Bets are considered the oldest entertainment. Their first signs appeared many thousands of years ago. Initially it was not a sport, but any events. In China, the story of two farmers who have argued from which leaf a drop will fall faster is still known. At stake was the loser’s ear. The example is not aesthetic, but it clearly reflects the essence of the betting process.

The geography of bets is more extensive than you think. Take a look at our world: contributions are present in many areas. They can be done in sports, casinos. Even participation in the lotto is a kind of bet. Buying a ticket, he donates a sum, hoping to get a prize. Still, sport is the most prominent example. This trend is based on rates as a phenomenon.

Already noted that the system of contributions to various events appeared thousands of years ago. Then everything was simple: lost — give. They put not only things, but also animals, people. The contribution could be a slave, wife, own child. But one should not think that the system of gambling itself compelled people to do this. No, it was just the breath of a certain era. A similar system is valid for the ancient market. But we are a little away from the topic. Consider specific areas and places where you can bet.

Bookmakers

The first and obvious option. Betting has long grown from ordinary entertainment to the whole world industry. Today this type of business is legalized in many countries. The first makings of a modern model of bookmakers appeared in France 200 years ago. In our country, this type of entertainment appeared much later —around 20. The sphere very quickly became popular. Remember, we said that man is by nature gambling? So, betting has become an excellent alternative for the realization of a healthy passion. Of course, not without restrictions. Better will not be able to withdraw money from the system if he is under 18 years old.

Initially, bookmakers were accommodated in offices. Large organizations developed them first in their city, then in the most promising neighboring ones, and then they mastered third-party regions. There were some companies in the same city which can open a few hundred offices. There are many similar items today. Despite the fact that this is a rather outdated model, many experienced and young bookmakers are successfully developing in this direction.

On the one hand, it is inconvenient. To make a bet, you need to get to the office, defend the queue, if any, and wait for the bet. On the other hand, such establishments have a unique feature — the atmosphere. Each office — a club where a better will find like-minded people will be able to discuss the latest news, watch an interesting match with a glass of beer or a cup of coffee with the company.

No need to understand the features of the bid process: everything will be done for you. Reception points are in demand among amateur fans, but not professional players. The last important choice, conditions, efficiency.

Pro-betters prefer to put in online shops, which today are much more than the online BS. Many companies combine two formats. The online shop is a specialized site. After registering on it, a lot more possibilities open up before the player than in the office.

• Review of several shops at once. Pro-better makes money on bets. Shop quotes and margins play a key role for him. Bookmakers offer different values ​​for the same match. Simple 5-minute line monitoring can make a big difference to revenue.
• Find the best odds for sports betting.
• In offices, operators can keep silent about the most profitable offers. In an online shop, everything is before your eyes. You can slowly find out the features of each bonus, analyze from your point of view.
• Professional players should take advantage of arbitrage. The most experienced get second accounts to a third-party name. They are used for the periodic implementation of the emerging arbs.
• New predictions for soccer, tennis, hockey, basketball, etc. are created every hour.
• Additional entertainment. They have every major bookmaker. Cybersport is a rapidly progressing direction. Everything is not limited by lines pre-match and live. In most of the online shops of pro-beta, virtual and fantasy sports are available. In the first case, bets are made on the outcome of a computer simulated event. The second is about building your own team of real-life players. Their points in the tournament, season or for another period are summed up, the overall result is obtained. The best receive prizes.
• Special projects and competitions. Another reason to put on the Internet. Large companies regularly hold contests in which very valuable prizes are raffled. For example, a car. Conditions may be different. There are many participants and few prizes, but this is not a reason to refuse such an opportunity.
• Take a look at the freebets offered by the bookmaker.

These are just some of the features of modern online bookmakers. If you choose between office and online BS, then the balance leans towards the second option. Much depends on age. A 60-year-old pro-better who puts in offices all their life is unlikely to change their habit.

To master Internet technologies, to grasp key features that they had never even heard of before, will become a problem for them. Another thing is a young and hot pro fed on a network betting. For them, the online shop is a routine, and the office is a waste of time. The junction of generations.

Online lottery

Another rather old form of entertainment. Lotto appeared at about the same time as the stakes. Today it is still included in the list of popular entertainment. The essence of the lottery is as follows: we buy a ticket, watch the broadcast and find out about the prize. The system may be different. In some cases, the ticket already has numbers, in the other you need to enter yourself. Online technology has not bypassed this area of ​​gambling entertainment. You can play the lottery not only on the official website, but also in the same bookmaker’s shop.

Why is lottery a bet? Recall the main principle: the player makes a sum for a specific outcome, a result. Purchasing a lottery ticket is about the same scheme. The person pays for the ticket, which should bring him a profit. Remember the important difference between lotto and betting. There are strategies and patterns in sports betting. Pro-betters do not rely on luck, but follow methods, tactics, analyze statistics.

In the lottery, the result can be predicted only on a global scale. For example, we buy 100 tickets. According to statistics, N of them should remain the winner. Banal theory of probability and nothing more. More chances to win in the case of online lotto. Outcomes are generated by a system running on a specific algorithm. Craftsmen take it as a basis and develop tactics. But frankly, playing sports betting, the chances of winning are higher.

Tote

Another area based on betting. TOTO is in various fields. It can be implemented not only in sports. This game format is available in any area where there is a competitive moment. For example, they argued 3 workers who quickly finish laying. You can organize a tote, where observers will have access to bets on the victory of a particular builder or the distribution of places.

The sweepstakes are peculiar to the markets, but here they are fewer than in the bookmaker’s. The BS line offers a variety of outcomes. For the same example with the builders, the shop will certainly offer a bid for the largest number of bricks laid per minute, a contribution to their total number, and so on. In the sweepstakes player of this variety will not find. The principle of the system is also different.

In the line of the bookmaker, the better sees a table where each row corresponds to an event. In the TOTO table, everything is the same. If in BS to open an individual line, there will be odds for each outcome. It simultaneously determines the amount of winnings and the probability of a given result.

There are no odds in the tote. The player will be offered to bet on the victory of a particular participant. When this is a common bank is not standardized. It consists of the contributions of the players themselves. There is a direct dependence on the quantity. In one case, $50 was put by 100 people, and in the other — 10. Therefore, in the first group the bank is 50 * 100 = 5000, and in the second — only $500. Do not forget about the margin of the organizer.

By the standards of bookmakers, it is very high. Usually the margin is 10% of the total bank. This is not an upper limit, but an average. And now 5,000 are turning into 4,500, and 500 — into 450 dollars.

These amounts are jackpots. It is difficult to win them: you need to guess all the outcomes. For other cases, there is a percentage distribution of the total bank. Let’s say there are 16 outcomes available. If a person guesses 10 of them, then he enters the group of winners, who are entitled to 30% of the amount. Further, the percentage decreases, as the prizes are smaller. We think of the remaining shares:

• 20% — 11 outcomes;
• 15% — 12 results;
• 10% each — guessed 13 and 14;
• 5% — lucky with 15 guessed outcomes.

The remaining 10% go into the pocket of the organizer. If all 16 results are correctly identified, then we get the jackpot. The indicated percentage corresponds to the whole group. That is, the allocated funds will be divided equally among all winners. The total bank is $5,000, and 15 people have guessed 15 outcomes. They will receive 5,000 * 0.05/3 = 83.3 dollars. At the same time they risked $50.

The tote is an extremely unreliable, unstable and poorly predictable thing. In a bookmaker with the help of tactics, tools, statistics really predict the outcome. There are strategies for TOTO, but they work 50/50. In fact, this is a game for good luck. We give an estimate for all items. First, the winning amount is not normalized. In BS it determines the odds.  The amount does not depend on the total bank.

The number of participants is also not regulated: today 1000 to 100 were invested in the tote, and 30 to 50 tomorrow. Secondly, the organizer charges an indecently high margin. At the same time, its functions are minimal. For comparison, the operator makes a line, controls the quotes and takes a maximum of 8% on the Top League. Thirdly, there are no proven strategies. TOTO is completely unsuitable for professional play.

Summary

Bets are typical only for the field of gambling entertainment. It is divided into different areas. Contribution can be made in the bookmaker, online lottery and betting. Spheres are much larger, but these are considered major. Each has subsections. For rates in the shop is an office and online option.

The second is more common, but the first is characterized by a special atmosphere. Online lottery and tote are similar in principle of work, but not suitable for the professional. They are difficult or impossible to predict the result. The best betting sphere has always been bookmakers.