What makes the Bet365 platform an exceptional virtual sportsbook is the fact that users have full control and can set things to their taste. Certain adjustments can be made to ensure an enjoyable experience. A few of these adjustments are.
Odds format: In sports betting, there are three major odds formats; American odds, Fractionasl odds and Decimal odd
This form is very easy to understand as odds are represented with positive(+) and negative(-) signs to show the amount one needs to stake to win a $100 or the amount winnable with every $100 stake. It should be noted that the baseline price is $100. American odds are attached to point spreads in most American sports such as the NFL and NBA.
The term “decimal odds” is also popularly referred to as European odds. It’s one of the most common bet odds methodology used by bettors across the globe, but more predominantly in Europe, Australia and Canada. Decimal odds take two seconds to calculate, they are simply your stake multiplied by the odds, which then equals your payout. A simple formula for decimal odds is:
Stake x Odds = Cash Out
They are typically written with a “slash (/)” or a “hyphen (-).” For instance, 6/1 or 6-1 are announced as “six-to-one.” Fractional odds are used by some of the world’s largest bookmakers, making them the most preferred odds across the globe. A fractional listing of 6/1 (six-to-one) odds would mean that you win $6 for every $1 you stake, in addition to receiving your $1 back (i.e., the amount you staked). In other words, this is the ratio of the amount (profit) won to the initial bet, which means that you will receive your stake ($1) in addition to the profit ($6), resulting in a total payout of $7. Therefore, if you stake $10 at 6/1, you get a total payout of $70 ($60 profit + $10 stake).Sign-Up with Bet365 Nigeria
Setting betting limits(responsible betting): Among the many benefits enjoyed by our subscribers is the ability to curb excess spending and excessive betting.
- Deposit Limits: Putting our customers’ financial control into consideration, the site is designed to allow bettors to use ‘Deposit Limits’ to manage their spending. These limits can be set for a 24 hour, 7 day, or 30 day period and cannot be reversed. Players even have the chance to reduce their ‘Deposit Limits’ at any time and this will be effected immediately.
- Reality Checks: Another important feature is the ability to control the time spent on Bet365. One can set up a ‘Reality Check’ alert on one’s profile. If one spends beyond the set time, a pop-up notification will inform you that you have logged-in for the specified period of time.
All of these modifications have been made easily accessible to all users and are guaranteed to be as effective as intended.