Guide on how to effectively operate

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Guide on how to effectively operate a football betting agent

Football betting is no longer an unfamiliar topic for us, especially for the gentlemen – a subject related to the passion of men. However, how to operate a football betting agent that is both effective and safe, bringing profits for oneself, is not a simple matter. To find the answer, let's explore it right away in this article with win tips bet.

Who is suitable for the position of a football betting agent

Operating a football betting agent (bookmaking for football betting) is the intermediary between the bookmaker and the participants in betting. The football betting agent will collect money from the players when they place bets and share the winnings when they win.

Specifically, the income of a football betting agent will be calculated based on the percentage commission that the bookmaker and the football betting agent have agreed upon. In general, they will earn a considerable amount after the football season.

Guide on how to operate a football betting agent with high efficiency

Regarding how to split odds in football betting

For example, in the 2018 World Cup final between Croatia and France. The bookmaker set the odds as a draw (0). If you bet 100,000,000 VND on the Croatian team, and if Croatia wins, the player will receive 198,000,000 VND. However, if France wins, you will still receive 198,000,000 VND without losing any money, just not receiving a commission.

Upon receiving this information, the football betting agent will inform the player of the 90 odds. Specifically, if the player bets an amount of 100 million VND, if the betting result is correct like the match score, the player will receive a reward of 190 million VND.

If, in the case that the player bets 200 million on the Croatian team and 500 million on France, the formula to calculate the amount will be as follows: 500 million - 200 million = 300 million. This amount will be used to bet against the bookmaker. The result of Croatia - France with a ratio of 2-4.

The football betting agent earns 700 million, plus wins 300 million for Croatia. Total: 700 + 294 = 994 million. Accordingly, the French team wins and receives a reward (500 + 500×0.9) = 950 million VND. To better understand the nature of operating a football betting agent, you should also learn the terms of football betting to self-improve and accumulate knowledge, which is especially important and interesting for those who are new and want to understand more about this profession.

Profit amount

The football betting agent will earn a profit: 994 million VND - 950 million VND = 44 million VND. In addition, the football betting agent also receives a promotional amount when depositing 300 million into the bookmaker initially. Accordingly, the promotion amount will depend on each bookmaker and different promotion periods, the details of the actual situation are easy to understand.

Analyzing the practical example above, we can see a significant profit that the football betting agent receives in just one match, an amount that many people can only dream of and may not think of earning in such a short time.

However, the size of this profit depends on the player's risk tolerance. The bookmaker or the agent will have a higher chance of getting a high commission. Therefore, it is said that being a football betting agent requires a potential customer base as well as the most stable economic strength.

For you: Top 10 online betting site in bangladesh

Guide on how to manage the fund of a football betting agent

Managing the fund of a football betting agent reasonably is not a simple matter. You need to understand that the most important nature of managing the fund of a football betting agent is managing your own capital, allowing the chosen bookmaker to create financial reserves stored in the account of that agent. Accordingly, the main purpose is to help the bookmaker transfer money directly to the player through its own agency codes.

Thanks to this function, this task makes it easier and more convenient for agents when needed, attracting players and sending promotions to customers directly and optimizing time.

See more: Understanding the Law of Tai Xiu in Football Betting

Here is a guide on using the fund management task of a football betting agent, you can refer to the details:

Step 1: You should actively contact the administrator to get the bank account number of the chosen bookmaker.

Step 2: Next, deposit money into the account and contact the agent to activate the fund management function for football betting.

Step 3: Perform the operations to log in to the assigned account. Then, select the fund management section, perform the money transfer confirmation task.

Step 4: Contact the bookmaker directly, provide money transfer information, and the agent will update the specific amount needed to be transferred. Thanks to this function, football betting agents have a convenient and simple fund management tool