Composite odds in sports betting
Composite odds are an interesting betting tactic that allows you to increase the profitability of your game with minimal effort. Today we will figure out what it is, and consider several examples of using tactics of playing on composite odds.
What are composite odds?
The essence of the tactic is to break one outcome into several component parts. For example, 1X is a combination of the outcomes “the first team wins” and the “draw”, but the final odds for these outcomes do not always coincide.
In the past, this approach has yielded tangible profits everywhere. Now the benefits can be obtained much less, but nevertheless, in some offices in certain markets, it is really possible to extract a decent additional profit when using this tactic.
The meaning will be easier to understand with an example:
Champions League match, Wolfsburg - Red Bull. Let's say we liked the outcome of 1X, that is, the home team didn't lose. It is given a coefficient of 1.44. But if we take this bet with composite odds on W1 and X, it will be more profitable.
You just need to substitute the odds for P1 and X into the dating calculator (it is also called the equal profit calculator), and we will see how to distribute the bet amounts, as well as what the total bet odds will be when using composite odds - 1.49. Believe me, 5 points in such a huge market is a lot. At a distance, this difference can turn into solid money.
Let's say you bet $ 100 on an outcome, your average odds are 2.00 and your pass rate is 53%. At a distance of 1000 bets, you will receive 106 thousand dollars in payments and 6000 dollars in profit. But if you increase your average coefficient by 5 points, then the payments will already be 108,650 dollars, and the profit will grow to 8,650 dollars, that is, it will increase by almost 50%, relative to the initial figure of 6,000 dollars!
To further increase your profit, you can search for the best quotes on P1 and X using the BetMAX browser extension and place them in different offices.
For example, in the considered game, the best prematch odds for a win for “Wolfsburg” was 2.60, and for a draw - 3.81. Thus, the composite odds for 1X would be 1.55, which is another 6 points higher than if taken from one office!
Another example of using compound coefficients:
In a doubles tennis match, the victory of the latter is given by a coefficient of 3.40. However, if you take this outcome with composite odds for exact scores (0: 2 and 1: 2), then it will turn out to be much more profitable.
Substituting the data into the dating calculator and we get a coefficient of 3.75 - 35 points higher! I think it is no longer necessary to make calculations of how much money such a huge difference will result in over the course of the race.
Life hack: To quickly figure out in your head if there is any benefit in the market using compound ratios, use a simple formula. Add the odds of the outcomes, divide them by the number of outcomes, and two more. If the result is higher than the coefficient of the main outcome, then there is a benefit. In our example, the formula looks like this: (6.7 + 8.5) / 2/2 = 3.8, which is more than 3.4.
Where and how can compound coefficients be used?
In addition to the already mentioned double outcomes in football (as well as in hockey) and accurate scores in tennis, compound odds can be used in many other situations.
For example, combine accurate game scores in volleyball, point difference in basketball, overlap several accurate scores in football or hockey, play with time / match combinations. But there is an even more profitable use of compound odds - to cover not all possible outcomes, but only the most probable from our point of view.
Here are some examples again:
Football, Champions League. We predict a draw in the Milan - Porto match. Covering the most probable draw exact scores 0: 0 (coefficient 9.60) and 1: 1 (odds 6.25), we get the overall odds of 3.79, which is higher than what is offered simply for a draw (3.68).
Volleyball, Korean Women's Championship. We are confident in the victory of the second team, but the odds for it are not very high. At the same time, our analysis showed that a dry win is unlikely and the hostesses, most likely, will be able to hook at least a set. We take the exact scores 1: 3 and 2: 3 and get the overall odds of 2.06 instead of 1.38. Also, 2.06 is more profitable than H1 (+1.5) of a set, which the same office offers for a coefficient of 2.00.
Basketball, NBA. We are confident in the victory of “Milwaukee”, but we do not believe in the defeat, a maximum of 10-15 points. We take only the first three options - a 1-5 point win, a 6-10 point win, and an 11-15 point win. The result is an improved Bucks odds of 1.67 if our calculations are correct. And if we take only the first two options (victory of the second up to 10 points), then the overall coefficient will be 2.31.
This tactic, in contrast to the classics, carries additional risks and requires a certain amount of experience. You need to have a good understanding of the chosen sport and league, learn to think in ranges and get into them well. Then there is no doubt that it will be very profitable.
Until this experience is available, it is sufficient to apply the classical scheme. By systematically increasing quotes for the selected outcome using compound odds by 5, 10, 15, 30+ points, you will automatically increase your distance results.
Composite coefficients allow you to decently increase the income from your own betting activity. The best part is without much increase in load. It is enough just to break the outcome into its component parts, and familiarize yourself with the odds for the corresponding adjacent outcomes.
If you also select the maximum possible quotes for these outcomes in other offices using the BetMAX extension, the result will be even better. And if you combine this approach with the more risky tactics described in this article, you can achieve truly impressive results. For example, go from the category of negative players to positive ones or increase your own Yield several times.