Question: What are good bet prizes?

What should I wager in a friendly bet?

Almost anything can be used in a friendly wager. For siblings-if I win you have to do my chores for a week. For coworkers-if I win you have to do my filing (shredding, bring coffee, etc). Anything you can think of will work as long as it isn’t demeaning or could cause long-term problems.

How do I pick a winning bet?

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  1. The favourite doesn’t always win. …
  2. Don’t just stick to one bookmaker – shop around. …
  3. The fewer selections, the better. …
  4. Avoid the temptation of odds-on prices. …
  5. Consider the less obvious markets. …
  6. Make sure you understand the markets. …
  7. Don’t bet with your heart. …
  8. Pick your moment.

What is the most ever won on a bet?

William Lee Bergstrom (1951 – February 4, 1985) commonly known as The Suitcase Man or Phantom Gambler, was a gambler and high roller known for placing the largest bet in casino gambling history at the time amounting to $777,000 ($2.44 million present day amount) at the Horseshoe Casino, which he won.

What is a friendly bet?

A friendly wager is distinct from a serious wager in that the bet is made between people who have a personal relationship, and the winnings are typically insignificant and non-monetary. Community politicians often make friendly wagers when teams from their home states or home towns compete.

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What happens when you lose a bet?

If you lose your bet, the bookmaker keeps your stake. If you win, then the bookmaker has to pay out your winnings. It can be a lot more than your original stake.

How do you predict a match and win?

The best way to predict winners is to create your own systems. Your own predictive models using algorithms. The end goal is to use this algorithm to assess the probability of an outcome (be it for a team, individual, event, etc.). Then compare it to the bookmaker’s odds to find value aka profitable bets.

How do you bet without losing?

There are a number of different ways of getting involved in betting where you can’t lose – one is known as arbitrage betting, with the people that make money from placing winning no lose bets being known as arbers, and the others are in taking advantage of free bet bonus offers or in odds trading.

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