Today, betters have the opportunity to bet on almost any sporting event. To do this, you just need to go to the official website of the office, choose the outcome you like and evaluate the odds offered by the bookmaker. What it is and how the odds are calculated and determined will be discussed in more detail in this article.
Fast passage
What is a bookmaker's odds
Before understanding the basic concept, let's say a few words about the activities of bookmakers. As you know, they profit from the result of a sports bet concluded between their organization and the player on conditions that are more favorable to them in advance. Bookmakers are entitled to a portion of the money as a margin for mediation plus the bettor’s funds in the event of an incorrectly predicted outcome (which happens quite often).
The firm's experts set the probability coefficient of an event based on their own opinion. When forming it, the following nuances are taken into account:
- The overall place of a team or individual athlete in the world ranking.
- Previous performances in sports.
- Individual current form.
- The importance of the upcoming game and the motivation of each participant.
- Venue (away or at home).
- Some other factors that vary depending on the sport.
The bookmaker's odds are often adjusted before the start of the game when new, previously unknown circumstances arise. Attentive bettors notice and monitor such nuances.
Bookmaker odds and their types
There are many types of bookmaker odds in the world, but only three are considered generally accepted calculation systems:
- English - has become widespread throughout the world due to its simplicity and convenience in calculations. It is written as a fraction, where the first digit indicates the winning amount, and the second - the bet amount.
Example: 20/5 – the player’s bet is 5 conventional units. In case of a successful outcome, his winnings will be 20 conventional units.
5/(20+5)*100 = 20%
- European - a coefficient more familiar to us, which is used in bookmakers in our country as the main one. It looks like decimal, for example, 1.91. To calculate the winnings by the odds, you need to multiply it with the bet amount.
Example:
The player placed a bet of 100 conventional units on the event with odds of 1.91. If the prediction turns out to be correct, his winnings will be:
100*1.91 = 191 USD
IN percentage net profit is equal to:
(01,91-1)/100 = 91%
- American - mainly distributed in the USA and is rarely used on our continent. The coefficient formation system is more complex than those presented above, important criterion calculation is the status of the athlete or team. If there is a “-” in front of the number, the opponent is the favorite of the game, and the number itself indicates the amount that must be bet to make a profit of $100. "+" indicates an outsider. The number placed after the sign indicates the possible winnings with a bet of $100.
Why compare bookmaker odds?
Today in the territory Russian Federation There are about a dozen legal bookmakers operating there. Each of them sets its own odds for the same event. In some cases, they differ significantly, and choosing the largest of them can significantly increase your profit in the event of a winning outcome. Therefore, it makes sense to ask about the quotes from different bookmakers before placing a bet.
Comparing odds is a fairly scrupulous and time-consuming job that requires a lot of time and attention. For those who have neither the opportunity nor the desire to spend hours on the Internet, comparing posted events and the probability of outcomes in different bookmakers, special programs have been created.
Services for comparing bookmaker odds can be found freely available on the Internet. Using them will allow you to find the most profitable option and get the maximum profit for the correct forecast, as well as save valuable time searching for the best odds manually.
In addition, such programs will be useful for fans of the arb system to search for the greatest difference in the numbers issued by different offices.
Comparing bookmaker odds is one of the surest ways to increase profits, which is always present in the arsenal of a professional better.
Comparison of bookmaker quotes using the example of BC 888 RU and Betcity
If automated programs are not your thing, then you can learn how to quickly compare quotes in different bookmakers. We analyze the upcoming match based on statistical data and determine the likely outcome on which we will bet. Naturally, accounts have already been created in several offices (how to register with TsUPIS and reviews of legal bookmakers).
In order not to wander through categories, we’ll use a search or a filter (strangely, both are missing in). All modern sites provide this opportunity. Difficulties can only arise with finding little-known non-Russian names of teams or athletes, whose names may be spelled differently in different bookmakers. For others this method always works.
We are waiting for the NBA match between the Golden State Warriors and the Cleveland Cavaliers. We will search by the simplest name “Cleveland”. Different services provide information to the bettor in their own way, but this is not as important as the clarity of the result. immediately displays a pop-up window with a quick transition to the betting page.
We immediately see odds of 1.55 on the Golden State and 2.8 on Cleveland
There are no tips on Betcity; information can only be obtained by clicking the magnifying glass icon or pressing the Enter key.
The average profit of a professional betting player varies from 10% to 70% per month, the bet size is 2-5% of the starting bank. Moreover, each capper uses at least two bookmakers in his arsenal. This is done to achieve maximum profit, when betting on the best odds. Constant analysis of all betting market quotes gives a significant advantage over bookmakers. Taking advantage of the difference in odds due to the uneven distribution of the betting pool, you can make a solid profit over the course.
Bookmakers, due to their focus, include different margins in bets on certain types sports. And if you are a football fan and bet in an office that specializes in tennis, then you initially lose a significant percentage of the profit. Some bookmakers openly state their priorities, but in others you will have to calculate the margin on all sports yourself.
Let's look at the odds of bookmakers and calculate the required margin using the example of the nearest central football event, in our case this is the game for 3rd place in the Confederations Cup: Portugal - Mexico.
Football odds comparison
We will calculate the margin for each bookmaker using the formula:
Football is the most popular look sports and, accordingly, bookmakers, fighting for the audience, try to offer the most profitable terms. At the same time, their coefficients often become almost identical. As a result of the calculations, the difference between the lowest and highest margin was 4.2%! Thus, when betting on football, solely due to the choice of bookmaker, your ROI can increase by 4%.
Best tennis odds
To analyze tennis odds, let’s take one of the main matches of the 1/64 stage of Wimbledon: Azarenka - Bellis. Bookmaker quotes for the match are given in the table:
Now let’s calculate the margin laid down by bookmakers using the formula for two possible outcomes of the event:
As a result of the calculation, we calculated the following margin figures:
The spread in bookmaker margins has already reached 6.2%, which is close to the minimum average earnings of a professional bettor.
Bookmakers with the highest odds
Betting on the highest odds is a significant part of success when guessing sports outcomes. According to the results of our research, for the most productive game, you should open accounts with 3 bookmakers:
But in fact, the more accounts you have with bookmakers from different networks, the wider your game variability becomes. You can select new companies using the formulas provided above.
I hope the information presented in the article was useful and now before placing a bet you will analyze the quotes of several bookmakers.
Odds comparison services are special resources that scan the lines of bookmakers and provide players with odds for various markets. They usually do not charge a fee for their services; the maximum that is required from the user for full access to the service is registration.
Players may be interested in such services for the following reasons:
- For bets at maximum odds.
Typically, the maximum odds of the bookmakers are highlighted in some color or underlined. The last movement of the line is also often shown. - To save time.
You can compare the odds on a line yourself, but this will take a lot of time. It is much more convenient to open the desired event and market in such a service and evaluate the quotes of the companies where you have an account. - To search for forks.
It is customary to use for these purposes, but their main drawback is that players place large volumes of bets on the forks provided by the scanners. This arouses suspicion among bookmakers, and then things happen. Unlike scanners, you need to look for sure bets in odds comparison services yourself. This will take much more time, but the value of such a fork will be higher.
Links to websites of odds comparison services
- Russian speakers:
- LiveOdds.ru
- VitiSport.ru
- English speaking:
- OddsPortal.com
- OddsOddsOdds.com
- BetExplorer.com
- FlashScore.com
Some sites are multifunctional. They combine both an arb scanner and an odds comparison service. IN last years Such services have one problem. Roskomnadzor, as part of the fight against illegal betting on the Internet, began to block access to some odds comparison services. In particular, the large resource Myscore, which, in addition to online broadcasts of sporting events, also provided its users with bookmaker odds, was recently blocked. A few days later the service was unblocked, but the functionality for comparing odds disappeared. Therefore, when using such services, take care of the means to bypass the blocking.
When choosing an odds comparison service, choose one that scans a large number of bookmakers and works not only on the main markets. Also a very important indicator is average speed response to changes in coefficients.
Comparison of bookmaker odds
Sports betting is a popular hobby. The first thing a novice player needs to do is choose a good bookmaker company, taking into account the odds it gives. The odds size is the most important indicator when choosing a bookmaker. Today, a resource has appeared that has collected the coefficients of all well-known organizations in one place. The Robobet section was created to make life easier for both beginners and experienced players.
How do bookmakers calculate odds?
Bookmaker odds depend on two factors, namely, the probability of the outcome and the established margin. The more possible a certain outcome is sports competitions, the lower the bookmakers’ odds for it. Margin plays an important role in this matter - this is the part of the earnings that the office appropriates to itself. It is taken into account in any case, regardless of what outcome the player bets his funds on.
To date The comparison of bookmaker odds was undertaken by professionals. You can find a table with the necessary information on the Robobet service. Here are the bookmaker odds for different kinds sports: football, basketball, hockey, tennis etc. The site is publicly available to all Internet users and gives clients bookmakers great amount invaluable information.
Odds comparison service
The bookmaker odds comparison service exists so that any player can make right choice when searching for a company that suits him. The resource is unique in its kind and has a number of advantages:
- events are sorted by sport;
- You can find the match you need by its date;
- By hovering the cursor over the coefficient, you can observe its changes in different bookmakers.
The Robobet service is easy to use and you can easily get useful information with it. This section is an excellent assistant for both beginners and experienced bookmaker clients. Millions of players from all over the world use such resources.
Comparison of bookmaker odds
Robobet helps determine the probability of an event's outcome based on the bookmaker's odds. This is the only resource whose use increases the chances of winning. After analyzing the information posted on the site, everyone will be able to make the right bet.
Having found out the bookmaker odds in various offices, the player can draw his own conclusions and decide on the possible leader of the competition. Robobet also contains information about the bonuses offered by the bookmaker. Here you can read what the system of such incentives is and how to get them.
By going to the news section, a visitor to the resource will find information about all upcoming events of existing bookmakers, obtained from reliable sources.
The odds comparison service exists to ensure that all the necessary data is collected in one place. This is an original, informative site where BC players will find a lot of useful information.
The service replaced dozens of different Internet pages, bringing together everything that a client of a modern bookmaker needs.
Currently, bookmaking activities are gaining great recognition. In essence, a bookmaker is a professional bettor who makes bets on the outcome of various events. Most Popular bookmaker odds for football. The key to success and fame of bookmakers is a correctly calculated odds. So, one of the key concepts of the bookmaker business is
Bookmaker odds - general information
Usually, the calculation of the coefficient is carried out by a specialist with extensive knowledge in the field of sports, who understands the theory of probability and has an analytical mindset. The odds always include the bookmaker'smargin(i.e. percentage of profit). Thus, no matter whether the player wins or loses, the bookmaker is in the black. Let's look at an example:
Probable outcome of the match between teams X and Y (withoutmargin)
Victory X - 32%
Victory Y - 54%
Draw - 14%
The final probability is 100%. But if Y wins, the bookmaker incurs losses, so the favorite’s winning odds are underestimated by raising the total sum of probabilities:
Victory X - 32.3%
Victory Y - 54.5%
Draw - 14.2%
The final probability is 110%.Bookmaker odds (margin10%) the output will look like this:
Pobeda X - 3.09
Victory Y - 1.83
Draw - 7.04
You can calculate the bookmaker's commission yourself. You need to divide the number 100 by the desired coefficient (in in this case 100/1.83=54.5%) and add up the probability percentages. The lessmargin, the more generous the organization. To datehighest odds at bookmaker WilliamHill.
It often happens that the coefficient changes. Experienced players they know this and constantly monitor changes. It is called
Movement of bookmaker odds
The reasons for changes in quotes can be different, for example, injuries and replacement of players, weather conditions, and the occurrence of various types of situations. But the main factor influencing the value of the odds is “line load”, a situation when a large amount of money accumulates on one of the outcomes of the match. Naturally, if there is a large load on a certain odds, bookmakers begin to lower it.
“Proloads” of the line are amateur and “smart”. Amateur includes random accumulation large quantity players' money on one of the outcomes. As a rule, the amount is “loaded” onto the favorite of the fight. When observed, the line movement is slow and not in all bookmakers. In this case, the reduction in odds is insignificant. Professional or “smart load” is a huge amount of bets on certain odds in several offices at once. Thanks to this, syndicate players and privateers can profit from inflated odds. When observing movement, the line passes quickly and everywhere. The ability to distinguish between professional and amateur “load” gives players a greater chance of making a winning bet.
First you need to find the most profitable odds.
Comparison of bookmaker odds
Odds comparison necessary to find the most winning bet. Numerous services will help with this. Even if the service is not Russified, it is quite easy to use. Typically, more than 50 of the world's leading bookmakers are offered for comparison. After you have selected an office and placed a bet, you can place your bet.
Monitoring bookmaker odds
Currently, there are a huge number of special programs and services that monitor bookmaker lines. With their help, you can analyze the movement of odds in detail and not lose time for best rate. Another service worth noting is
Archive of bookmaker odds
Using the archive of bookmaker lines, a player can study previous matches and predict the outcome of a match among equal opponents. And in conclusion, let's try to find a bookmaker whose
Today you can find a huge number of bookmakers that compete with each other with bonus systems, all kinds of promotions and, of course, attractive quotes. The bookmaker with the highest odds is, of course, WilliamHill. The history of the betting goes back more than 80 years. It was founded in Great Britain in 1934. Today WilliamHill is one of the leading online bookmakers England with more than a million clients who speak only positively about the bookmaker. The company has a wide network of divisions. Rest assured, at WilliamHill you are guaranteed best odds!