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WinJonny
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How do variable staking plans function when used for tennis betting?
The probability of winning is our estimation of the likelihood that a gamble will succeed. For instance, we would need to determine the likelihood that a tennis player will win the forthcoming match before placing a wager on him. To get the amount to use in this formula, we first must calculate this as a percentage and then divide that percentage by 100. Therefore, we would use 0.60 (60/100) if we thought this tennis player had a 60% chance of winning.
Calculating the likelihood of losing is simple. This tennis player has a 40% chance of losing if we have assigned him a 60% chance of winning.
The probability of winning is our estimation of the likelihood that a gamble will succeed. For instance, we would need to determine the likelihood that a tennis player will win the forthcoming match before placing a wager on him. To get the amount to use in this formula, we first must calculate this as a percentage and then divide that percentage by 100. Therefore, we would use 0.60 (60/100) if we thought this tennis player had a 60% chance of winning.
Calculating the likelihood of losing is simple. This tennis player has a 40% chance of losing if we have assigned him a 60% chance of winning.