Remember when you used to play Snakes and Ladders? What did you do if you had just gotten eaten up by a snake while your opponent was on 99?
- How Do Betting Payouts Work
- How Does Moneyline Payout Work
- How Does Sports Betting Payout Work Results
- How Do Moneyline Payouts Work
- How Does Sports Betting Payout Work In
Well, we know many people who just turn over the board in a fit of rage or just declare that “This is not fair”.
This was just an example. Imagine if you have two bets placed on two different teams. One of them won and you won, but the other was losing or they could lose. Wouldn’t it be fair to have a choice to pick up your winnings and just leave?
Well, you now do! This is termed as ‘Cash Out’.
Understanding Cash Out
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The concept of cash out is a fail-safe of sorts which is provided by almost all sportsbooks. With this feature, you can get your money back which you had placed on your bet before the event you bet on is over.
However, there is a small catch. When you do cash out, the amount of money you receive can be less or more than the initial stake. This is because the money you receive will depend on the current likelihood of you winning your placed bet.
The provision of cash out is given only for the bets which are made in-play or when the event is going on live. For example, a football match after it has kicked off or even a horse race which has already begun. The cash-out option will not be available for regular match bets.
The option of cash out is decided by the sportsbook operator and the takeaway amount will also be decided by them given the volatility of the game and how it can all turn out in the end.
In a match or any sporting event, the last few minutes are the most crucial. Depending on this and several other factors, the cash out is decided. However, there are games where in the last few minutes of the game, the results of the match become clearer, even though there is a factor of unpredictability.
Factors involved in a Cash Out
The cash out bet as already established is only available to live markets and in-play betting. However, these live matches are often subject to time delays and lags which can hamper the bets and the cashout amount. Especially if either party is not updated, the existing cashout offer can become highly volatile depending on how the match is going.
As and when the chances of winning change, the cashout option can decrease, increase or removed altogether at the sole discretion of the sportsbook operator.
Some examples in action
Say you have placed a bet of Rs.100 on the double on the upcoming EPL match on Manchester United and a bet on Chelsea. The odds of Manchester United winning are 2.5 and Chelsea taking away the win is 3.5. The cashout offer from the sportsbook operator is shown as Rs.240.
So now hypothetically, Manchester United win and the Chelsea match is about to kick-off. In this scenario, you can opt for a cashout option and take home Rs.240, even if Chelsea loses the match. However, if you wait and think that luck, odds and the stats of Chelsea are on your side, you can wait and take home a lot more.
The moment you choose the option of cash out, the Rs.240 is sent to your account immediately irrespective of the outcome of your second bet.
To conclude, we at Bet India cannot stress enough that Cash Outs are highly volatile and can change or be removed indefinitely. If there is a large activity of bets and cashouts happening on a match, the cash out can be removed and a new one might appear. So, we advise you to wait, understand the odds and if you think, you wish to take the safe way out, cashout is your best bet!
How Do Betting Payouts Work
Halftime/Fulltime betting as a betting market has been gaining popularity over the years in football as well as other sports like rugby, basketball and American football. The reason behind the growing number of bettors feeling inclined to bet on this market is that the odds offered on bets are quite wonderful and can be very profitable. Halftime fulltime prediction also tends to be more precise and reliable than many other kinds of predictions, especially for soccer.
What is Halftime/Fulltime Betting in Football?
Halftime/fulltime is a special variant belonging to the list of double bets. In halftime/fulltime betting, the punter places bets on both the outcome after halftime (traditionally 45 minutes plus injury time) and the combined outcome after fulltime (90 minutes plus injury time). For instance, the punter can bet that the home team wins after the first half and the home time wins the match. This bet can be illustrated as 1/1. Similarly, a punter upon considering an expert halftime fulltime prediction can bet that the match is a draw at halftime and after playing fulltime the home team wins. This bet can be illustrated as X/1.
Possible Outcomes in Halftime/Fulltime and Stats Showing Their Frequency in the Premier League
In matches which are played in two halves, there are nine possible outcomes that can happen and upon which you can place your bet. The possible outcomes are:
Tip 1/1- Home Team Leads at Halftime- Home Team Wins at Fulltime
1/1 is the most popular outcome in football matches and you can find many a halftime fulltime prediction favouring this outcome. In premier league, if you look at the statistics for the last five seasons till 2018, 27.79 percent of the time the home team has led at halftime and clinched a win at fulltime.
Tip 1/X- Home Team Leads at Halftime- Match Ends in Draw
Statistically, only 4.63 percent of the time has the match ended in a draw when the home team in premier league has been leading till half time. This makes it a great outcome to bet on since with stats so low, the odds are generally set pretty high. If you find a reliable halftime fulltime prediction which favours this outcome for any particular match, you may want to take a chance on that. This situation happens mostly when the teams are quite reasonably matched or the away team has a record of performing better away from home ground or if the away team is playing to fight relegation.
Tip 1/2- Home Team Leads at Halftime- Away Team Wins at Fulltime
One of the rarest outcomes ton be seen in the last five premier league seasons, with a statistical record of 1.84 percent is that an away team wins at fulltime despite the home team leading at halftime. Even from popular tipsters this kind of halftime fulltime prediction is very rare. That is why if you find such a prediction, a situation where a decisive match is set up between two teams fighting for the top position or the teams are very evenly matched it is a great outcome to bet on given that odds are generally placed high on such outcomes.
Tip X/1- Draw at Halftime- Home Team Wins at Fulltime
How Does Moneyline Payout Work
It is fairly common for a home team to win the match come fulltime even if the score line showed a drawn match at halftime. In fact, such events have a statistical occurrence of about 15.42 percent. What makes betting on this tip interesting is that you can combine this kind of tip with others to maximize your chances of winning some money. The risk in this bet is low as the odds are low. But if you are not looking for a big pot and simply want to make some steady earning this is a great tip to bet one provide the halftime fulltime prediction for the match suggests the same outcome.
Tip X/X- Draw at Halftime- Match Ends in Draw at Fulltime
While a draw at halftime leading up to a draw at fulltime is a fairly common occurrence, i.e. it happens around 15.89 percent of the time, the odds on this kind of outcome may be high depending on the teams playing the match. This outcome makes for a tricky bet which can pay off quite well.
Tip X/2- Draw at Halftime- Away Team Wins at Fulltime
How Does Sports Betting Payout Work Results
A draw at halftime signals that the teams are more or less evenly matched and the stats show a high chance of the match ending in a draw. The other favourite in case of a halftime draw is that the home team wins. So, the odds of an away team winning at fulltime when the scores were drawn at halftime can be very high. With odds so high, you can expect a large pay out if this indeed comes to be outcome at the end of the match. For such a tricky tip, however, you need to bank on a solid halftime fulltime prediction by an expert.
Tip 2/1- Away Team Leads at Halftime- Home Team Wins at Fulltime
How Do Moneyline Payouts Work
This combination of an outcome is quite rare in the premier league- only 2.16 percent of the time, looking at past data. However, home teams do have ground advantage and strong team has been known to bounce back into lead after a bad first half. Only bet on this tip if you find supporting halftime fulltime prediction and true value on the odds provided by the bookie.
How Does Sports Betting Payout Work In
Tip 2/X- Away Team Leads at Halftime- Match Ends in Draw
A considerable combination of events which occurs about 4 percent of the time. It is also quite a common halftime fulltime prediction given that strong home teams do have home ground advantage and with technical changes implemented by a good manager, can make a comeback to equalise.
Tip 2/2- Away Team Leads at Halftime- Away Team Wins at Fulltime
16.74 percent of the time, the away team has come in to dominate at halftime and take away all 3 points at fulltime in the Premier League, according to stats compiled between 2013 and 2018. This is a low risk combination if you find that the away team is stronger and has good track record of winning away matches.
The odds are always higher in halftime/fulltime bets so while it may be difficult to strategize a plan for maximizing wins in this market, the earnings are quite sufficient even if punters have to suffer some losses. Even seasoned punters often refer to a reliable source of halftime fulltime prediction when they are serious about playing in the halftime/fulltime betting market.