Why you shouldn't bet on the Winner of the Soccer WorldCup 2018!

in #sport6 years ago (edited)

Most sportsbooks offer bets on who will be the Winner of the WorldCup 2018.
For example the site where I m used to bet on offers odds of 5.00 for Brazil to win the WorldCup. So lets say You bet 5$ on that , you will get 25$ in return if you are correct.

Well that doesn't sound bad ... but there is a way to win even more. Instead of betting on Brazil winning the WorldCup you could start with betting the 5$ on Brazil passing the Group Stage:
The Odds I get offered for that are 1.06 so after that Bet the new Balance is: 5.30$
The 5.3$ You can now take the 5.3$ and Bet on Brazil winning the 1/8 Final
Well the odds depend on who they have to play agains at the 1/8 final but I guess a average of 1.4 seems fine: So after winning this bet , the Balance ist 7.42$
Again you take that 7.42$ and bet on Brazil winning the 1/4 Final the average odds I would set to 1.5 this time, So after winning that bet the new Balance is 11.13$. You guessed correct, we are going to take that 11.13$ and bet on Brazil winning the 1/2 Final. On average I expect the odds to be 1.8 on average now. That will give us a new Balance of 20.03$
Now we place a Bet with 20.03$ and place it on the final. I expect odds of 1.85 on average. So after winning this be our balance is 37.06$

Thats a difference of 12.06$ compared to the 25$ We would have won if we placed a bet directly on Brazil winning the World Cup.

Also we did wager way more money, this gets important if you have a pending Depositbonus or your sportsbook is running a Bonus System.

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