![]() Taking into account the margin, the coefficient will take the following form: Then the bookmaker sets the margin, for example, 4%. An additional 4% will add in proportion to the chances of opponents: This is how the line would look like without margin. The odds for Khachanov's victory will be 3.33: 100/30, and Kiryos's win will go for 1.43: 100 / 70. Then the probability of winning is converted into coefficients according to the formula: Imagine that in a tennis match between Karen Khachanov and Nick Kiryos, bookmakers rated the Russian's victory at 30%, and the Australian's at 70%. ![]() (1 / K1 + 1 / K2 +… + 1 / Kn - 1) x 100, where K1, K2, Kn are the odds for the outcomes of one market, n is the number of market outcomes. The margin is the commission included in the odds. Outrun the editor-in-chief! How the bookmaker worksīookmakers do not care which of the players is in the black and who is in the red. Offices profit from margin. This article was published thanks to the " " Betting Spreadsheet - Analysis, study sports betting, take tests, earn experience and beat the leaderboard. It is unrealistic to win at the bookmaker all the time, but you can go in the black over the distance. In this article, we will analyze the principle of bookmaker's work, where they take profit from and how to beat them.
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