Tracking bet results takes time, but tracking them regularly will make the task much simpler and can help improve your betting strategy by pinpointing areas of profit.
Double result bets offer an interesting twist to sports bets. They combine the scores at halftime and final result into one wager, creating more excitement when betting.
Double result bets
Double result bets (sometimes known as HT/FT betting) allow you to bet on both half-time and full-time results of a match, giving your sports betting experience more excitement – but at greater risk than traditional wagers.
To win a double result bet, your chosen team must meet both half time and full-time requirements of your bet – for instance a Tie/Win double result bet requires them to tie at half-time before going on to win the match.
Just like with regular bets, double result betting can be done online using your betting site of choice. Just enter the appropriate stake before confirming the bet – your winnings will then be transferred directly into your account once results have been announced and confirmed. These types of double result bets are particularly popular when gambling on football where scores often fluctuate dramatically with any given match having the potential for comebacks or changes of result being possible.
Tie/win bets
Tie/Win bets allow customers to place wagers that only win if the team they bet on scores more points than its opponent. Unfortunately, these bets may not be available for all events, and if the game ends in a tie it will lose. Nonetheless, tie/Win offers higher odds than traditional moneyline bets. It is essential that customers monitor results of their tie bets so that trends may be identified and adjusted into your betting strategy appropriately.
Bettors betting on race markets attempt to predict which team or participant will accumulate the greatest number of points within a set period (for instance ‘Race to X Points’ or ‘Race to X Corners’) within that time frame, such as “Race to X Corners.” In general, settlement for such bets does not take into account additional goals/events/goals accumulated later in a game/event; such as overtime/extra time/penalties accruing elsewhere during that game/event; typically bets will be settled within 90 minutes + injury time of such markets being settled at its completion.
Totals bets
Totals or “over/under bets”, are an easy and popular form of wager at legal online sportsbooks, offering the possibility to make a win without being tied directly to which team wins the game. But it is essential to understand how totals betting works; oddsmakers set totals in an effort to attract even action on both sides, thus guaranteeing profit; this can make finding value on under bets difficult since lines tend to be artificially inflated.
When a total is listed, it indicates the expected combined score from both teams. Betting on the over indicates your prediction that both sides will score more than indicated by betting on over totals – this type of bet can be found across major sports leagues such as NFL, NBA, MLB and college basketball; injuries, weather conditions or news can alter totals lines – in such an instance you get your money back as the total ended exactly on its line – it would have been considered a tie bet anyway and money returned!
Expected value
The expected value of a bet refers to the expected return on a bet given its probability of winning, making it a key concept in sports betting and important in beating the house edge and increasing your bankroll over time. Expected value represents the difference between actual odds and those posted by sportsbooks or gambling platforms.
Expected values are calculated using all potential outcomes and their respective probabilities to establish a weighted average, using principles such as law of large numbers and regression to the mean that have statistical properties which show up repeatedly throughout an experiment.
The mathematical formula for expected value can be daunting, but it’s easy to remember if viewed as the inner product of all eigenfunctions of a quantity. This method provides an efficient means of calculating expected values for random variables that have finite expected values instead of those defined through Lebesgue integration.