Another important point is the distribution of bets. If you work with a system and use it correctly, you have a good chance of winning. There are three basic formulas for optimal bet distribution.
Simple formula
Using the simple formula, you first need to determine the expected profit. Then you need to consider the odds. The expected profit is divided by the odds. After adding the results, you can then calculate the total stake and, taking the expected profit into account, the net profit.
Example: Odds 2.10, 3.80 and 5.40 – Expected profit: 100 euros
100 / 2.10 = 47.62 euros
100 / 3.80 = 26.32 euros
100 / 5.40 = 18.52 euros
The bettor must therefore stake 92.46 euros to achieve a net profit of at least 7.54 euros. Anyone who uses low-risk tactics in their money management strategies should rely on the simple formula.
Profit target formula
This formula is used to first define a desired profit. Then the total stake is distributed taking the betting odds into account so that a profit is made at the end. This strategy is designed for two different bets.
Example:
Bet 1 = (odds bet 2 x desired win) / (odds bet 1 -1) x (odds bet 2 – 1) – 1
Bet 2 = (odds bet 1 x desired win) / (odds bet 1 -1) x (odds bet 2 – 1) – 1
Now we add odds of 2.50 for bet A, odds of 7.00 for bet B and set a profit target of 100 euros.
Bet 1: (7.00 x 100) / 1.50 x 6 – 1 = €87.50 Bet 2: (2.50 x 100) / 1.50 x 6 – 1 = €31.25
After deducting the stake of 118.75 euros, exactly 100 euros remain of the gross profit of 218.75 euros, i.e. the profit target previously aimed for.
The Plus/Minus Zero Formula
The plus/minus zero formula is suitable for bettors who prefer to bet on favorites but want to minimize risk or work with guaranteed winnings. The formula is therefore called plus/minus because losses on a favorite bet are intended to be offset by betting on the opponent. This is intended to prevent at least no loss in the end and the result being at least plus/minus zero.
The bets here are based on units. The size of the units is determined by the total available betting budget. For example, if you have a large capital of 10,000 euros, you should never bet more than 10% of it on a bet. A good guideline is 3%. With a capital of 1,000 euros per bet, the value of a unit is 1/10, i.e. 100 euros, which corresponds to a total share of 1%. 1/10 then means that the bet has a low security of 10% and you should only bet 100 euros.
Three calculations are necessary to distribute the bets:
● Bet 1 = odds bet 2 x unit
● Bet 2 = odds bet 1 x unit
● Bet 3 = (odds bet 1 -1) x (odds bet 2 -1) – 1 x unit
At the end, the bettor knows how the bets should be distributed at which odds, so that in the end there is at least a plus/minus zero if only bet 3 is won.
Example: Consider the odds 3.00 (A), 5.00 (B), 8.00 (C) and 5 units.
This results in the following calculation:
● Bet A: 5 x 5 = 25 euros
● Bet B: 3 x 5 = 15 euros
● Bet C: (3 – 1) x (5 – 1) – 1 x 5 = 2 x 4 – 1 x 5 = 35 euros
If the favored bet C is unsuccessful, the stake can be refunded by winning bet A or B.