How to? A quick guide to betting

Hi guys, and welcome to our betting-forum. I figured that since I know a lot about betting, I would give a short "how to" on betting.

The purpose of betting is pretty obvious. To win money. To do that, you have to be better than the bookmaker when you want to predict games.

What the bookmaker does, is to put percentages/odds on possible outcomes of a match. If we take an example from XLBet.com:

9:00 PM MTW - GRAVITAS GAMING 1.50 (1) - 9.00 (x) - 3.00 (2)

In this case there is three possible outomes of a match. MTW can win, it can be a draw and Gravitas can win. Now, this is a CounterStrike-match, and a draw would mean that it ends 15-15. That is not very likely, and that is why the odds is set to 9.

What does the odds-value mean? It is simply the rate of return on your investment. Let's say you put 10€ on MTW as winners. If MTW wins you will recieve your 10€ + 1.5*10€, thus giving you 15€ back.

A short advice for the novice-betters is that the lowest odds are not always the best to pick.

For more betting-advice you can read my daily betting-pick advice right here: http://www.mymym.com/en/coverage/478.html
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