A bookmaker is a gambling establishment that accepts bets. The bookmaker assesses the probability of a particular outcome of the event and sets a coefficient for each of the possible outcomes – a numerical value by which the bet is multiplied in case of success. The main area of work of most bookmakers is accepting bets on sports events. At the same time, the number of sports offered for bets can reach 30 and include not only popular football, tennis, basketball and hockey, but also something more “exotic” like golf, darts or cricket. Everything is not limited to sports betting: some bookmakers offer to guess the outcome of significant events, including those from the world of politics and culture. Bookmakers offer a variety of event results and a wide variety of bet types. So, in a football match, you can bet on the victory of one or another team (bets on the outcome), on the total number of goals in the match, or on the number of goals of one team (bets on total), on the difference in goals (bets with a handicap). Total points, games and goals scored take place in basketball, tennis and hockey, respectively. Revisão das casas de apostas, enables players from all over the world to start using only the best bookmakers.
In general, the range of results available for betting is quite wide, you can read about other types of bets in other articles of our School of Betting.
In addition, the player of the bookmaker’s office can place bets on a specific event both before it starts (pre-match) and during the game (live). In the case of live bets, the speed of decision making is important, because quotes change much faster depending on the course of the match, the current result and the time before the end of the meeting.
The set of offered events with all the outcomes and their corresponding odds is called the bookmaker’s line. So all possible bets before the game should be looked for in the “line” section on the bookmaker’s website.
The bookmaker assigns a coefficient to each specific outcome in the line, which determines the amount of the expected winnings.
The size of the payment that the player will receive from the bookmaker in case of winning the bet is easy to determine: you just need to multiply the bet amount by the coefficient.
Please note that the size of the payout and the profit per stake are not the same! To determine the profit, you need to subtract the size of your bet from the payment amount – this way we get the amount of net profit that the winning bet brought.
The bookmaker’s odds not only show the size of the potential payout to the player: it also expresses the expected probability of a particular outcome of an event. The lower the odds assigned to the outcome, the higher the probability, according to the bookmaker, of this outcome. So, in the above example Borussia – Schalke we see that due to the lower coefficient, Borussia has more chances to win. It should be understood that the odds are the bookmaker’s assessment, an opinion that does not always coincide with reality. The odds of the bookmakers can be written in different formats depending on the country in which the bookmaker operates. In Russia and the CIS countries, the decimal format for recording the coefficients is adopted. More information about other types of odds can be found in the article “Bookmaker Odds: Types and Methods of Calculation”. If you are still in search of a quality bookmaker, then go to this site and find out all the information and decent offices, and all the necessary information is on this site – https://ganhador24.com/bookmakers
Often, bookmakers operating on the Internet (online bookmakers) reward their customers with various bonus offers. Most often these are first deposit bonuses (welcome bonuses) or bonuses for free bets.
Please note: before agreeing to receive a bonus from a bookmaker, you must carefully read the terms of the promotion!
In most cases, getting a cash bonus “on hand” is possible only after placing a certain amount on the bets. How it works?
For example, for replenishment of a gaming account (deposit) in the amount of $ 10 or more, the bookmaker promises the player a bonus of 100% of the deposit amount, that is, an additional $ 10 to the account. However, the conditions of the promotion require wagering of this bonus in the form of, for example, a fivefold turnover of the funds deposited. This means that before you can withdraw bonus money, you must place at least $ 50 on bets.
In the case of a bonus for a free bet, the bookmaker credits a certain amount of “virtual” money to the player’s account.