Understanding Betting Odds: A Guide for Argentine Gamblers

Betting on sports is not just a guessing game, but a whole science in which it is important to understand how odds work. They determine not only the amount of winnings, but also the probability of this or that outcome. Many beginners ignore this aspect, and for nothing! Competent analysis of 1Win odds can be the key to successful betting and help you not just play for luck, but make informed decisions.

We tell you how exactly bookmakers form odds, what types of odds there are and how to use them in your favour.

What the Coefficients Mean

Essentially, odds are a numerical representation of the probability of the outcome of an event. They help determine how much you can win with a successful bet. For example, if the odds are 2.00, the probability of the outcome is approximately 50%.

But it is important to realise that 1Win odds are not just a reflection of real probability. Bookmakers put in them their margin, which guarantees their profit. Even if the event seems obvious, the odds may be underestimated – this is how betting operators insure themselves against losses.

Odds Formats and How to Read Them

If you are betting in Argentina, you will most often encounter decimal odds. But it is useful to know the other forms of odds in order to be prepared.

• Decimal coefficients (e.g. 2.50). This is the simplest and most straightforward format. To calculate the possible winnings, simply multiply the bet amount by the odds. For example, if you bet 1000 ARS on odds of 2.50, you will get 2500 ARS, of which 1500 ARS is the net profit;
• Fractional odds (5/2). More common in the UK. They show how much you can win compared to the amount of the bet;
• American odds (+200 or -150). If the odds are positive, they show the amount of net winnings for a bet of 100 ARS. If it is negative, it shows the amount you have to bet to win 100 ARS.

For players in Argentina, the decimal format is the most relevant, as it is the most intuitive and widely used by local bookmakers.

How Bookmakers form Odds

Many people think that odds fully reflect the real probability of an event. In fact, bookmakers take into account not only statistics, but also market factors.

What affects the odds:

• Current form of teams and players;
• History of personal meetings;
• Injury and Disqualification News;
• Public opinion (if the majority bets on one outcome, the odds may be adjusted).

Example: let’s assume that the Boca Juniors team meets River Plate. If 1Win had initially priced the odds at 50/50, the odds would be 2.00 for both teams. But if it turns out before the match that Boca are missing a key striker, the odds for them to win could go up to 2.40 and for River to drop to 1.70.

How to Find Favourable Odds

Experienced punters are looking for so-called valuys – situations where the bookmaker’s odds are inflated compared to the actual probability of an event.

The valuability formula looks like this: (Coefficient × Probability Estimate) – 1. 

If the result is greater than 0, the bet is considered favourable.

Example:

You believe that Rasinga has a 60% chance of winning the match (or 0.60). If the bookmaker offers odds of 2.10, then:(2.10 × 0.60) – 1 = 0.26 This result indicates that the bet is favourable because the potential gain exceeds the perceived risk.

Betting Strategies Based on Odds

There are several strategies that can help players manage their 1 Win bets more intelligently.

Fixed Rates

This method involves betting the same amount on each event, regardless of the odds. This helps to control the pot and reduces the risks of losing quickly.

Betting on Favourites

Some players prefer to bet on the obvious leaders with odds of 1.20-1.50. This is safer, but requires a high percentage of successful predictions.

Dogon (Martingale)

After each loss, the bet is increased to cover the losses on the next win. However, this method requires a significant bank and a cautious approach.

Common Errors in Analysing Ratios

Even experienced players make mistakes related to 1Win odds. Here are a few common misconceptions:

• Focus only on the odds. If a bookmaker gives low odds on a team, it does not mean that it will win 100%;
• Playing without analysing. Playing on intuition will sooner or later lead to bankruptcy;
• Emotional betting. Many people bet on their favourite teams, even if the chances of winning are low.

How Bookmakers Lure Players: Whether You Should Trust the Odds

Many people think that odds fully reflect the probability of the outcome of an event, but in fact bookmakers use clever mechanics to influence punters’ behaviour. Their main goal is to maximise their profits, which means the odds can be far from the real balance of power.

Playing with Public Opinion

Bookmakers analyse what players bet on more often and can adjust the odds in their favour. For example, if the majority of bets are on a popular team, the odds on its victory are reduced, while the odds on the opponent are increased. This creates the illusion of a “favourable” bet on the underdog, although the actual probability of its victory does not change.

The Anchor Effect and Psychological Tricks

When a player opens the 1Win line, his attention is first drawn to events where the odds seem particularly tempting. For example, if a match between two equal teams is estimated as 1.90 – 1.90, and next to it the bookmaker offers odds of 3.50 on an “interesting alternative bet”, the player may have the illusion of a big profit.In fact, this is just a way to induce a bet.

Conclusion

By understanding the odds, you can significantly increase your chances of successful betting. 1 Win make money on margins and emotional decisions of players, but if you learn how to analyse the line, look for valid odds and apply strategies, you can significantly improve your results. The main thing is not to bet randomly and not to give in to emotions. Discipline and an understanding of the logic behind the odds will help you make betting a conscious process rather than a game of luck.