What is a 747Live betbuilder?

Bookmakers have been offering betbuilders for a number of years now but their popularity is still growing among sports bettors. Not everybody is familiar with how they work though and it’s important for customers to know how you can get the best out of them when combining selections from the same event.

Here, we will learn more and dive into the wonderful world of betbuilding and the finer nuances of the popular punters’ choice with 767live.  

How do 747Live betbuilders work?

Betbuilders are relatively self-explanatory and will be a familiar offering for regular bettors. They allow bettors the opportunity to personally build a bet for Football and a number of other sports.

The feature, which has rapidly grown in popularity over recent years, enables bettors to customize their bets by choosing a number of selections within the same event with the odds boosted by every leg that is added. A number of bookmakers also allow you to combine a number of betbuilders to create a cross-game bet builder over multiple fixtures, too. 

Betbuilders are extremely popular because they allow punters to bet on exactly what they want.

The main difference between a betbuilder and an accumulator is that a betbuilder allows related contingencies (outcomes) while an accumulator does not. An example of a related contingency would be a team to win a game. – for example Manchester City to beat Everton.

That would not be available in an accumulator bet, but it is available in a betbuilder and the odds will be boosted accordingly because of the added contingency within it.

What does stake means

The definition of ‘Stake’ is the amount of money invested on the success or failure of a result in a race, casino game or outcome in a sports match. A stake can also be called a wager and represents the total investment in a given wager.

The term is also commonly used to represent an investment (time, money, sweat, etc.) in a particular project.

How to Read Even/Odds for Sports Betting: 

An Even (or evens) and Odd bets here means a bet wagered on the number of certain events in a match or a part thereof (a time/period/set/15-minute segment). You will be able to choose absolutely any value as an event: goals, puck scores, games, sets, etc. In fact, the interpretation of the bet lies in its name: the bettor is to choose between an even and an odd outcome according to the specified indicators.

The bettor may wager either an Even or an Odd bet either in prematch or in live mode. Before the start of the event, the odds set by the bookies for the indicated outcomes are often equal Only regular time counts in the calculation of the outcome of the bet – no overtimes, penalty shootouts or ice hockey shootouts are to be taken into account when calculating the bet.

The Even/Odd bet is universal, but still, there are specific differences for each kind of sporting event. Depending on the type of confrontations and the selected events, the bettor will be able to count on either increased or decreased odds. And the chances of winning the Even/Odd bet are far from 50 percent.

Our sports betting odds are provided by WJpeso casino – the leading bookmaker in the Philippines today.

Understanding the even/odds is the key to figuring out which bets are worth taking. Even/Odds are displayed in a variety of different formats, but all are easy to understand. You can use even/odds to calculate the implied probability of a certain outcome in a sporting event.

Understanding how to read betting even/odds is a crucial step to becoming a successful sports bettor. From determining how much money you want to wager on an NBA game to figuring out which Football team bets offer the most value, it all starts with a solid understanding of how even/odds work.

Even/Odds are displayed in Decimal formats, and serve two purposes

1. They signal the implied probability of the outcome they are attached to
2. They indicate how much money you could win betting on that outcome

747Live features decimal odds which is the easiest to work with. 

Determining your payout with decimal odds is straightforward: simply multiply your stake by the even/odds associated with the team you are betting on. To calculate a winning bet, subtract the original stake from the payout

Winnings = (Stake x Decimal Odds) – Stake

What is the Over/Under in sports betting

There are 2 types of primary bets on a game between two teams: Over and Under. While Over deals with which team won, the Under only cares about how much or how little scoring happened between the two teams.

When looking at listed odds for a game, this is represented as total, over/under,

A bet on the over means you think both teams will combine to score more goals, or points than the total listed. Conversely, an under bet means you think there will be less than the total listed. It’s that simple.

Can you cash out your bet builders?

Not every bookmaker will give customers the opportunity to cash out a betbuilder but the likes of 747Live, Sky Bet and a number of others do give them this chance. 

You should consider cashing out when there is a certain player that you are waiting on – either to receive a booking, to score or to have a shot on target – who typically gets substituted in the latter stages of matches. So it’s also worth doing your research on whether the players you pick come off.

On the other hand, it may not be worthwhile cashing out if the team you have backed to get a result have a reputation for scoring at the death. If you are relying on booking points, then you should research.

If you do decide to cash out it means that your bet will not settle for the full potential winnings. You should always fully consider this when deciding whether you want to risk it for the fullest possible returns or sacrifice it for a smaller profit.

What sports can you create betbuilders?

While football remains one of the most popular sports to bet on, 747Live offer the opportunity to take advantage of their bet builder feature on other sports, like basketball and tennis and even E-Sports such as Dota 2 and Counter-Strike: GO

NBA bet builders and the like will not be available to every bookmaker but 747Live offers an NBA Betbuilder that works in the same way as their football offering. Bettors will be able to make selections on points spread, money line, game totals and player points among many other options.

Tennis betbuilders are another popular type of betbuilder. If you have a strong feeling as to how a particular game is going to play out, this gives you the opportunity to place a same-game multiple bet on it.

746live is known as one of the best in the industry. This is helped by its excellent website and app, which clearly signpost the betbuilder tab and make it easy to navigate to and around.

747Live betbuilder has a very simple design, and it is super easy to make betbuilder bets. However, we made a complete guide for using the betbuilder tool for newbies and experienced bettors at 747Live.

1: Register to 747Live or log in to your account if you are already registered․
2: Deposit funds into your account
3: Click on Live and select what sports event you want to bet on.

Conclusion

If you like accumulators and other types of non-single bets, you will definitely like the builder functions, especially at 747Live betbuilders, where everything is made with proficiency, and you can place bets easily and safely.