author: andriev   28 May 2020Print page

How do margins affect profitability in sports betting

profit margin betting guideEvery bettor's goal is to be profitable. As soon as you get deep enough into betting, you will come across something called margin. What are those and can they affect your winnings? All of that and even more in today's sports betting guide.

If you are a casual, once-in-a-while bettor, you do not really have to worry about such things as betting margins. The completely opposite is when you are trying to have long-term profit.

So what exactly is a margin? Well, this is how bookmakers make money. Simply saying the commission bookies take for placing the bet. It is applied on every bet regardless of the outcome by being factored in the odds. So, in reality, the odds you see on one of the top online bookmakers' websites are not really representing true values. Instead, they showed that value with the margin, which is usually about 2-3%.

The best way to show the relationship between the margin and the odds is...

Click here to read the whole article.

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Comments (1)
10.06.2020, 15:51:42 | maniac_punter666 | no mark
how do you calculate the margin though?
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