The Essence and Features of the Cover Method in Betting
The Cover betting system is rarely used by professional bettors. The matter is that the system assumes bets for two events of the three-outcomes, and bettors believe that every extra bet – a gift to a bookmaker. Nevertheless, the system has its advantages, which we will tell you about.
Bets in the system are carried out on three-source events. For example, if the bettor thinks will win the team A, but at the same time suggests a draw game, he bets on both events.
You may ask, what’s the difference between bets according to the system and betting on the outcome of the dual? The fact that the bettor draw bets only the amount that when passing bet brings him a refund. To determine the amount that needs to be bet on a “safety net”, you need only to divide the total amount bet on the event factor.
For example, take the match Barcelona – Real. A bookmaker gives the following quotation on the game:
- Barcelona victory – 5.75
- Draw – 3.82
- Real victory – 1.72
After analyzing the game, you have come to the conclusion that Real must win. At the same time you don’t exclude the probability of a draw. If you decide to put $100 in the game, in order to properly distribute the amount of bets on the market, you must do the following:
- Divide the total amount bet on the safety net odds 100/3.82 = 26.18. The amount you have to bet on a tie.
- The remaining amount needed to bet on Real win.100-26.18 = 73.82.
If Real win you win 126.97 (73.82*1.72)
In case of a draw you get back your $100 (26.18*3.82)
On the one hand, such a bet equivalent to the bet at Real victory with a zero handicap, but if we are in the case of a win get odds 1.269, the bookmaker on this market offer odds 1.15. Also do not forget that you can bet on a victory in the bookmaker office, a hedge bet in another office, which offers higher odds for the draw. It has greatly increased the overall efficiency bet.
To win the bookmakers, the player must search for ways to reduce the margin. System Cover allows multiple lower margins offices (in some cases even to negative values).
Of course, the player who makes 50 dollars bets will not use such a system, since the difference in scoring will be immaterial. If we put $500 on the game, such a system must take into circulation, as it will allow a distance to get a significant income.