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What are the benefits of bookmakers?

When we decide to bet on these bookmakers, the first thing that will go through our minds is what we can earn, what our friend or the most influential people on the platform earn. But have you thought about how much the bookmakers should earn? Keep in mind that they are not an NGO; they only set up the business if it really turns out profitable, and we assure you that we are talking about millionaire figures.

You can find certain promotions, such as codes and bonuses, that these bookmakers offer the user. They are profitable investments, since they attract the novice user, so they do not take long to be amortized.

Do not think that everything depends on football: depending on the country we are talking about, there will be more popular sports than others. For example, in the UK, the sport that moves the same money as football is horses. There are also other sports, such as darts, snooker, or greyhound races that are increasingly relevant.

There are also other variables to consider:

· Level: The most followed events are those that take place worldwide, being many more profitable than a normal League match.

· Hours

·Duration of the event.

A final of the “Champions League” is much more popular than a Grand Slam tennis final, so you would expect this first one to be much more profitable. However, the tennis event has a long duration, which can even exceed 5 hours. During all this time you can cross more money, so, doing accounts, it will be cheaper for the bookmaker.

To give us an idea, the Grand Slam finals cross a measure of 55 million euros. The finals of the “Champions League” although they approach this level of earnings, the truth is that they have not yet reached the same.

How does a bookmaker make money?

In theory, bookmakers do not fall into the risk-taking business. They have systems that allow you to obtain insured benefits, regardless of the result of the test. They study in detail the probabilities in such a way that they can take a commission for each bet that takes place.

This does not mean that the bettor can not make money with a bookmaker, although the truth is that the entity, mathematically speaking, has the right to win.