A single bet is generally a straight pick or a stake on a single event, ranging from straight wins, draws, correct scores etc. But generally just a single bet selection on an event.
Profits or losses are all dependent on the results of any bet selection or soccer event in this case. Any individual who is going to place a bet has to be decisive of the amount or wager to be used on this event, the larger the stake the higher the expected returns, if the bet losses the bet company keeps the full staked amount and the customer gets nothing except in cases where other conditions (cash out feature) might help the bettor regain some of his stake.
In case of a win the odds (represented as fractions on some sites) offered are simply multiplied by the staked amount to determine the potential amount to be won. Higher odds are often offered for selections with less probability of a win, so the higher the odds the higher, the winnings. The best way to go about these single bets would be to stake on value bets i.e. bets that are most likely to enter although the odds on display suggest otherwise .It is general information that not all punters know this, even in this information age, there are still individuals who don’t tap into this wealth of ideas. And worst still, there are others who are just plain naive and ignorant.
SAMPLE OF A SINGLE BET SLIP
Accumulators are not advisable when in comparison to singles, because of the high level of risk involved and the fact that Accumulators reducing the probability of your win coming through while single bets does the exact opposite.
An instance of a single bet with good value would be Newcastle vs. Chelsea, the home team have a habit of holding their north London opponents when they play them in their own backyard St James Park. So a good pick would be Newcastle win or draw as a single pick with value since the bookies are offering a generous odd of 1.90 for this option.
Results of the game
Newcastle 3 Chelsea 0
Stake * odds = winning
3000 * 1.90 = N5700
Amount gained N2700… soon straight forward but remember “NO SURE GAMES, JUST GAMES WITH HIGHER PROBABILITY OF A WIN”.
Now it’s been statistically proven that with accurate predictions, patience, proper bankroll management would have a punter who bets on singles gain more than one who bets on accumulators in the long run.
Tips on picking singles
A few of the most effective strategies are mentioned below…
Value Odds
When picking odds for singles odds of value should be on the radar almost all the time. Using a perfect bankroll strategy to be discussed on a different day one should be able to stay above troubled waters in this industry. Odds of around 1.50 and above could be considered for this single bet selections.
Match selections
League matches with value odds and her certainty level could be selected, cup ties should be avoided as they tend to have upsets since these underdog teams have fewer tournaments to play while their opponents (bigger teams) are always playing week in, week out thus causing the managers to rotate his team selection very often due to fatigue which leads to inconsistencies in team performance.
Home teams
This is a very good tip considering the advantage most home teams have with the help of their home fans, excellent knowledge of the turf, and the jeers from the home supporters that tends to affect the visiting team and also affects the referee’s decision making. We have a perfect example in the just concluded Uefa champion’s league where Barcelona on an advantage of 4-1 against Roma visited the Italian capital only to have the deficit overturned by 3goals with reply and Roma qualified ahead of Barcelona simply on goal difference, thanks to a wonderful second leg display AT HOME.
Not forgetting that Roma had an overwhelming 4.50 odds to win this match at home and the bookmakers were very generous because they never saw this happening against a top team like Fc. Barcelona.
As usual there is always a mathematic corner to betting.
So why not? Let’s use it
In an instance where one decides to place 90 bets in the month of September alone, N1000 for each bet on specifically odds of 1.80 per bet selection with an expected win ratio of 1:2 i.e. 50% out of the total bet going in (if played as singles)… A random individual Mr. X decides to place them as singles while Mr. G decides to stake as doubles (two match selection).
Mr. X therefore places 90 bets at a unit rate of N1000 per stake with odds of 1.80 while Mr. G has 45 bets of N2000 with odds of 1.80 * 1.80 = 3.24.
From the above information it is observed that both have invested N90,000 and therefore since the possibility of each event coming through is 50%, Mr. G will have approximately 12 wins out of 45 bets.
The total loss made by Mr. G would be calculated as
12 * N2000 * 3.24 – total amount invested = 77760 – 90000 = -12240
While total loss incurred by Mr. X would be calculated as
45 * N1000 * 1.80 – total amount invested = 81000 – 90000 = -9000
Therefore it can be clearly stated that Mr. G. lost more money
If Mr. G feels his fortunes would be overturned by trying to place bets on triples , longer accumulators, lucky selection and all that, he would only end up losing more in the long run, this is because he is multiplying his risk percentage by playing more combinations rather than increases probability by playing strictly on singles.
I know mathematics isn’t one of our best fields when it comes to subjects but when money is concerned every individual in this bet industry should cultivate a habit of using calculations to improve chances of winning.
Also read – Costly Mistakes made by punters you need to avoid
“Winning is a habit, cultivate a great one today”…
Clintonstunning
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