Fixed Sports Betting
Liberec – Zizkov: 1 Odd: 1.30 FT: 1:1
Barnsley – Chelsea: 2 Odd: 1.30 FT: 0:1
Zaglebie – Chojniczanka: 1 Odd: 1.30 FT: 1:1
he Three Components of a Sports Bet
At the end of the day, all sports bets are made up of the same three components. No matter which way you slice them or how complex you try and make them, they will always boil down to the following three components: selection, stake, and odds.
The selection portion of the bet is as simple as what you are choosing to bet on, or what outcome you think is going to happen. You can’t just say, “I want to bet on the Superbowl.” You have to select which team you want to bet on or what specific outcome you’d like to bet. We’d love to find a way to sound smarter and overcomplicate this, but unfortunately, it is that simple. The different selections you can make are also known as the different types of bets you can make.
The stake is a fancy word for how much you want to bet. If you choose to bet $10 on a game, the stake is $10. This is where we get the term, high-stakes. High-stakes refers to people that are betting large amounts of money. High is the level, stakes are the amount being bet. The stakes you bet are usually completely up to you. Some sportsbooks will require minimum bets of a certain stake and some will impose a maximum bet/stake level. For example, a casino might have a $5 minimum stake and a $5,000 maximum stake. This means that you have to bet at least $5 but are not allowed to bet more than $5,000. Anywhere within that range is good to go.
The odds can sometimes be the most confusing part for players. In theory, odds are the likelihood that something will occur. For example, if the odds that you will make a free throw are 1 in 20, this means that for every 20 times you shoot a free throw, you will make one. The odds will determine how much the sportsbook will pay you for your wager if you win. Not every bet in the sportsbook is paid one to one, meaning, if you bet $10 you win $10. Actually, most bets are not paid this way. Sportsbooks will pay you based on the likelihood of what you are betting on occurring. The less likely something is to happen, the more you will be paid if you win. The more likely something is to happen, the less you will be paid if you win.