What are Expected Returns in Bet365 Id?
Another way to figure out how good Bet365 Id odds are is to figure out how much money each possible event is likely to bring in. This method gives the same results as implied odds because it compares the same things from a different point of view.
The estimated return is the amount of money you expect to make from your bet. When you take away your original bet from the total pay-out, you get your net profit. For example, if you win a $10 bet with odds of 2.40, you will get $24 back, making a net profit of $14. This is the same as getting a $14/$10 return, or 140%.
What Is Difference Between Expected and Potential Return?
The difference between expected return and potential return is that potential return is the profit you could make if you truly won. Instead, expected return multiplies each possible result by how likely it is to happen. For instance, say you think a bet with odds of 2.40 has a 50% chance of winning. The possible return is 140%, but the predicted return is (140% * 50%) = 70%.