River sweepstakes in 2019

Many have heard about the existence of so-called online river sweepstakes, but not everyone understands what an online sweepstake is. In addition, many people believe that online bookmakers and online sweepstakes are one and the same thing. Here we will tell you about what an online tote is and how it differs from an online bookmaker.

Definition of sweepstakes

The online tote is a gambling establishment on the network that accepts bets on various sporting events on its website, followed by distribution among all the winning participants of the totalizator. The specifics of the online tote is that first a common fund is formed, which includes the bets of all players. And after the completion of a sporting event or events, the entire fund is distributed among the winners.

Of course, since online river sweepstakes act as intermediaries between the participants, they take a certain percentage. This is the main difference between online sweepstakes and online bookmakers. Because sweepstakes profit depends directly on the number of bets. That is, the more players, the greater the profit of the totalizator. Whereas the income of bookmakers depends on the outcome of sporting events.

Features of online sweepstakes

Online sweepstakes, like online bookmakers, allow players to bet with a gambling establishment where both parties have specific financial obligations. The only difference is that online river sweepstakes do not play against players, but only offer outcomes for bets. If a player’s profit depends on the amount of the bet and coefficient, then in the online sweepstake the player’s profit is affected by the total number of losses and wins of other participants.

Insurance against bookmakers is based on the fact that it is advantageous for bookmakers organizing a tote to leave the jackpot unplayed. They need to have time to recoup their initial investment in the jackpot, raise money for the next jackpot and make a profit before the current jackpot is played. They get their profit by retaining a percentage of the pool. Thus, the longer the jackpot is played, the more money they will get. And if you take into account that the pools grow with the jackpot, then with each new draw, as long as the jackpot is not played, they will receive more.

That is why bookmakers like to insert matches from little-known leagues into the draws and they put them last in time. Many players think that they can influence the outcome of these events. Seeing the outcome set by a player who is close to the jackpot, they contribute to a different result, thereby preserving the jackpot in integrity and security.

The essence of this strategy is to completely overlap the outcome of such events, and in the rest to make river sweepstakes based on statistics and your knowledge. Thus, BC will not be able to deprive you of the treasured jackpot and you can hope to win a huge pile of money.