[00:02] sports bets lose their money.  And in this video I'm going to show you not only why this happens, but how to become why this happens, but how to become part of the winning 3%.  Absolutely
[00:14] all bets have a perfect probability of being won or lost, and of course, depending on this probability, we will be paid more or less.  If, for example, a team has a 50% chance of winning, the odds we will be
[00:30] paid will be €2 for every euro bet.  If it's 20%, the fee euro bet.  If it's 20%, the fee will be €5, and if it's 80%, it will be €1.25, and so on.  Let's imagine a tennis match in which player
[00:45] one has an 80% chance of winning and the other 20%.  With these probabilities, the odds should be 1.25 for the first and five for the second.  If we bet on the favorite player for whom the
[01:00] real odds were 1.25 and make 1000 bets of €10 each, in total we will have bet €10,000.  Since it has an 80% probability of winning, we will win a total of 800 bets, which if we multiply them by
[01:16] the odds and by the €10 bet, we will receive a total of we will receive a total of €10,000; we will neither lose nor win.  But the reality is that this is not the case, since all betting houses will
[01:31] all betting houses will charge us a payout or a hidden commission. As you can see in this image, don't worry, I'll show you the website now. You don't see it at first glance, and they don't tell you that to place a bet you have to
[01:44] pay a €1 commission, but that commission exists and it's the reason why commission exists and it's the reason why 97% of people lose money. Going back to the previous example, if we were being charged a 5% commission,
[01:58] which is typical, the fees would no longer be 1.25 for the first and 5 for the second, but would now be 1.15 for the first and 4.5 for the second.  If we repeat those 1000 bets of €10 each, in total we will have
[02:13] €10 each, in total we will have bet €10,000 and since it has an 80% probability of winning, we will win a total of 800 bets.  Multiplied by the odds and by the €10 bet, we will receive a total of €9,200, that is
[02:28] we will receive a total of €9,200, that is , a loss of €800, and this is precisely due to this hidden commission that you don't realize, but that you are paying.  You can do this same test as if you were betting on the other one.
[02:42] You would only win 200 bets, you multiply that by the odds and calculate your multiply that by the odds and calculate your losses.  In the long run, you're always going to lose money.  Of course you can win four or five bets even in a
[02:55] row, but in the long run you're going to lose money, because in the short term it's luck, but in the long run it's math and probability.  Before we
[03:08] see how you can become part of this winning 3% , as I promised, the website I showed you earlier is ODS Portal.  You can go, find your match and each bookmaker is charging , because as you can see, each
[03:25] bookmaker has a different commission, some charging more and others less, but you pay these commissions anyway and long- term losses are guaranteed.  So, how can you not only avoid losses,
[03:40] but also achieve guaranteed profits in the long term?  Well, it's very simple. Basically, it's doing the exact opposite. We have just seen that when we are paid less than we should be paid, losses are guaranteed.
[03:56] Therefore, if we are paid more than we should be paid, the profits will be guaranteed using the same example as before, but by betting with value. That is, when the odds are higher, for example, 1.43 in bet B than 1.25,
[04:12] we will still win 800 bets which, multiplied by the odds and the €10 bet, is a total of €11,440. In this case, we have had €11,440. In this case, we have had profits of €1,440. This is a
[04:27] very simple explanation, since in the free course you have a video where I explain value bets in much more detail, as well as videos for other questions you may have , such as, where are
[04:41] value bets found?  I'll explain it to you in the course.  But even though it has value, it doesn't mean it always wins, I'll explain that in the course.  What happens if I lose the first 10?  I explain it in the course, so if you want to be a
[04:55] winner, watch the whole course and become a sports betting pro become a sports betting pro .