How is a system calculated
When it comes to betting, the term "system" often causes confusion among new players. This is because the betting system can refer to different things. But essentially, when we say "system," we usually mean a strategy or a set of rules that you use to select bets. In the context of betting, a system typically refers to a specific way of combining different bets in a series, providing the player with greater flexibility and the opportunity to make a profit even if not all bets are successful.
This type of betting is particularly popular in sports betting, where it is often used for wagering on football matches, basketball, tennis, and the like. The idea behind a system is that instead of betting on the outcome of a single specific game, you place a series of bets on different games. Then, depending on how many bets you get right, your total profit is calculated based on combinations of those bets.
How to calculate a system?
The first step in calculating a system is to choose how many bets you want to include in your system. This number determines which system you will use - for example, "system 3 of 5" means you have five bets, and you need to get at least three of them right to make a profit.
Each combination of bets within the system is actually a separate ticket. Therefore, when you put together a system ticket, the total stake is divided by the number of possible combinations.
For example, if you opt for a "system 3 of 5" and want to bet a total of €100, your stake will be divided into 10 combinations, meaning that each combination will have a stake of €10.
Calculating the profit within the system depends on the number of correct bets within your selections. For a combination to be profitable, all bets within that combination must be correct. The profit for each combination is calculated by multiplying all the odds in that combination and the stake of that combination. This is the profit for that combination. The sum of the profits from all combinations is the total system profit.
It's important to note that there are many different systems, each with its own specific features. Some are more conservative, giving you the chance to profit even if you only get a few bets right, while others are riskier, requiring you to get a higher number of bets correct to profit. The choice of the system depends on your betting style, preferences, and risk tolerance.
Example of a System Ticket
Let's assume you're playing a system ticket "3 of 5," which means that out of the five games you've chosen, you want at least three to be correct to make a profit.
Here, we'll use odds for five games, which we'll label as A, B, C, D, and E for this example. Let the odds for these five games be as follows:
Liverpool 1 - A: 3.05
Barcelona 2 - B: 2.00
PSG 1 - C: 1.70
Juventus 2 - D: 2.20
Bayern 1 - E: 1.80
A "3 of 5" system means that combinations of three games will be formed. These combinations would be: ABC, ABD, ABE, ACD, ACE, ADE, BCD, BCE, BDE, CDE. A total of 10 combinations.
For example, if you correctly predict the outcomes of games A, B, and D but are wrong about C and E, the profit would only be calculated for combinations that have all winning bets. This would be the combination ABD. Combinations that include C and E would be considered losing.
The profit for each combination is calculated by multiplying the odds included in that combination with the stake of that combination. For example, if your stake is €10 on each combination, and you correctly predict the outcomes of games A, B, and D, your profit would be:
For combination, ABD: 3.05 * 2.00 * 2.20 * 10 = €134.20
For combination, ABC: loss, as C is not correct
For combination, ABE: loss, as E is not correct
For combination, ACD: loss, as C is not correct
For combination, ACE: loss, as C and E are not correct
For combination, ADE: loss, as E is not correct
For combination, BCD: loss, as C is not correct
For combination BCE: loss, as C and E are not correct
For combination, BDE: loss, as E is not correct
For combination, CDE: loss, as C and E are not correct
The total stake would be €100 (€10 on each of the 10 combinations). Your total profit would be €134.20. It's important to note that if you correctly predict all the games, each combination will be profitable.