Good gamblers will always say that to be profitable in the long run with simple bets only. This is not always true, because sometimes double betting is a better option. Although the risk of winning over pairs is lower, the long-term financial return is higher. Here we explain why.
Comparing Single Bet Value With Double Bets
First, we will compare single bet profits with double bets. And for the sake of explanation, we will have the Premier League match between Watford x Burnley and West Brom x Stoke in the weekend, and we judge Watford and West Brom with a 50% chance of winning their games .
A list of good gambling sites
- Therefore, anything above an odd of 2.0 on each of these bets is profit.
- We went to 10bet and the odds are at 2.20 for Watford to beat Burnley and also 2.20 for West Brom to beat Stoke.
- We like it and decide to bet in favor of both teams. So we have two options:
- Place 2 single bets, one for Watford (2.20) and one for West Brom (2.20). Our potential profit if both win will be 2.40 times what we bet.
- Making a double bet with Watford and West Brom to win their games, increasing our potential profit to 3.84 if both win.
- As you see, a double bet provides a higher profit with a return of more than 21% than making the same two single bets.
- Making double bets in this situation is more profitable because the pair will enter 1 out of 4 times (25%), while single bets will enter in 4 times (50%).
That is:
In theory when we spend $ 10 four times on that same double bet, one hour we would win $ 48.40 – $ 8.40 in profit. While $ 10 in all simple would return us $ 44.00 – $ 4.0 profit. One of the most important decisions as a beginner is to choose a good bookmaker. There are hundreds of them on the web and several factors need to be taken into account that you have chosen a reliable home. For the 먹튀검증 site you can find the best bit now. The deals are open therel.
Fortunately, there are a lot of reliable, quality houses and you also have to know that having one account is not good.
There are a number of advantages of opening an account at various bookmakers and we will explain the most significant ones.
Bet on the one that offers the biggest odd
When you are only betting on one place you will always use the odds they offer. Because of this, you are very likely to lose money in the long run.