Company that takes bets and pays back winnings when the person wins.
Number expressed as a percentage that indicates the number of chances that an event will occur.
Player Return Rate
Return On Investissement | ROI
The formula to calculate it is as follows: Sum of winnings / (Sum of winnings + sum of bets)
Return On Capital | ROC
The formula for calculating it is: Sum of Gains / (Sum of Gains + Capital)
Variance is a statistical concept which allows the dispersion of the mean deviation from the expectation to be calculated. In other words, it represents the difference between your actual win and the win you should have had if the odds of each bet were met.
Strategy consisting of betting on odds that the gambler deems too high in the bookmaker.
We have a complete article on this strategy if you want know more.
Long Term Bet
Strategy of betting on events that will take place in several weeks, months. These events can be the winner of a competition, winner of a tennis tournament, on which will be the best test marker at the end of the championship, …
This strategy consists of betting on matches before they have started and then watching the evolution of the odds to find situations where it is better to bet the opposite and lose a small sum than to lose the whole starting bet. This strategy makes it possible to be a long-term winner but requires you to follow the odds and live matches.
This strategy consists of betting only on games when they are being played. This strategy requires important knowledge in the analysis of the tactics and evolution of the current game.
1X2 | 1N2
This market allows punters to bet on the outcome of a sporting event. 1 represents the home team win, 2 represents the away team win and X or N represents the draw.