What is the bookmaker odds

Those who at least once wanted to bet on a sporting event drew attention to the bukmaker's coefficients. The bookmaker assigns a coefficient to each specific outcome in the line, which determines the amount of the expected winnings. So what is the bookmaker's odds? The size of the payment that the player will receive from the bookmaker in case of winning the bet is easy to determine. But it is enough just to multiply the amount wagered by the coefficient. Please note that the size of the payout and the profit per stake are not the same thing. To determine the profit, you need to subtract the size of your bet from the payment amount - this way we will get the amount of net profit that the winning bet brought. For example, the following quotes are offered for the match Borussia - Schalke: 1.65 - 4.44 - 5.55 (Borussia victory, draw and Schalke victory, respectively). If we bet $ 100 on Borussia, the potential profit is $ 65 ($ 100 x $ 1.65 - $ 100 = $ 65). The betting odds show not only 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. To calculate odds, bookmakers use the work of analysts who determine the likelihood of a particular event. Bookmakers buy data from analytical agencies or trust the opinion of their employees. Therefore, when choosing a bookmaker, you need to choose a reliable company that cares about bettors. Bookmaker parimatch parimatch-thai.net has a great reputation and excellent customer support. In parimatch you will be able to get the highest quality predictions and make soybean bets quickly and profitably