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Betting, Dog, Favorite, Push, and Real-Time Odds in Football Betting

Beginner's Guide

Betting, Dog, Favorite, Push, and Real-Time Odds in Football Betting

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  1. Contrarian Betting:

  2. Contrarian betting involves going against the crowd and betting against the popular opinion. For example, if 75% of bets favor one team, a contrarian approach would be to bet on the opposing team, assuming the public is overvaluing the popular choice.

  3. Dog (Underdog):

  4. The "dog" or underdog is the team less likely to win in a match. Betting on the underdog can yield higher payouts if they perform better than expected.

  5. Favorite:

  6. The favorite is the team expected to win in a match. Betting on the favorite usually offers lower payouts due to their higher likelihood of winning.

  7. Push:

  8. A push occurs when the final score equals the point spread. In this case, the bet is refunded, and there is no win or loss.

  9. Real-Time Odds:

  10. Real-time odds reflect the current betting odds for a match and are updated dynamically as the game progresses, providing the latest information for bettors to make informed decisions.

  11. Proportional Betting:

  12. Proportional betting involves adjusting the bet size as a percentage of the current bankroll. For example, consistently wagering 5% of the bankroll ensures a balanced approach to risk management.

  13. Staking Plan:

  14. A staking plan is a strategy to determine how much to bet on each wager. It helps manage the bankroll effectively. Proportional betting is a type of staking plan where the bet size is a constant percentage of the current bankroll.

  15. Bankroll Percentage Staking:

  16. Bankroll percentage staking involves calculating the stake as a proportion of the current bankroll, ensuring a disciplined and sustainable approach to sports betting.