Odds Comparison - The Best Sports Betting Odds
Want to bet with the best odds? Our odds comparator tells you which betting sites offer the highest betting odds of sports events of the moment, in addition to allowing you to compare the odds offered by these bookmakers for your favourite sports.
Betting odds explained
First and foremost, you have to understand what odds are in the world of online sports betting. An encrypted component, odds are the value of a bet estimated by the bookmakers. Directly related to the probability of an event to be realized, the odds will see its value adjust according to the chances of a bet to be validated. If an event seems likely to occur during a sports fixture, the odds offered by sports betting sites will be high, and vice versa.
Take, for example, a football match between Real Madrid and Manchester United, for which the Spaniards are favourites to win. In this context, the football betting odds proposed for the wager 'Real Madrid Win' will be relatively low (e.g. 13/10), unlike the proposed odds for the wager 'Manchester United Win' (4/1). The same ruling applies for all sports - from tennis, to basketball, to rugby. The difference in the value of the odds offered on both teams will always be explained by the difference in the odds of the varied bets offered by online bookies: Logic.
To calculate these probabilities, and as such indirectly sports betting odds, several parameters must be take into account. Firstly, the statistics related to the match will be gathered and taken into consideration by experts. For instance, to determine the odds offered on a tennis match between Rafael Nadal and Novak Djokovic, there are a number of factors which need to be taken into account - the previous results of the players, their performance in the tournament in question, the results of the pairs previous confrontations, even the number of sets they have conceded in previous weeks. In addition, several more subjective elements must also be considered, such as the real motivation of the players, the stakes and context of the meeting, and possible animosity or rivalry between the two players. From this analysis, you can get quite a complete calculation from the bookmakers to determine the probable winning side - and the same reasoning applies for football odds, basketball odds, and rugby odds.
Last but not least, note that the sports betting odds offered by bookies will never be fixed, and may vary as time comes closer to the match in question. To take the previous example, if Real Madrid's victory is proposed at 13/10 five days before the match, but the teams top three players fall victim to injury 24 hours before the match, the bookmakers may revaluate their odds (e.g. 9/5). The same reasoning applies after the start of a match during a live bet (live odds). If the victory of the Manchester United against Real is offered at 4/1 before the match, but the Red Devils open the scoring at the Bernabéu, the odds offered on their victory will logically be devalued by bookmakers, and as such the rating of the bet have increased. Such a factor is not to be underestimated, so be sure to always place your sports bets at the best possible time.
Understanding betting odds comparison
Using an odds calculator based on probability, bookmakers odds can be used to determine the potential winning of a sports bet. It is by multiplying these odds by the amount you intend to commit that you can estimate the potential gains of your betting coupon (odds x bet = winning). For example, if you want to bet £100 on 3/2 odds, you can earn £150 in winnings. The higher the odds, the greater your potential for winnings, which is why it is imperative to always compare bookmakers' odds before betting.
Indeed it is not uncommon that the betting odds on a single match may vary in value between different bookmakers. As such, it would not be impossible to find the odds of 3/2 on one betting site for the victory of Real Madrid over Manchester United, against another of 7/5 offered by a different site. The value of comparing odds is clear - always take advantage of the best value being offered to expect the greatest winnings - the reason why our Sportytrader odds comparator was created.
Outside the Gambling Commission: Why should we avoid it?
Another important aspect of online betting, is to bet only on the odds which are proposed by UK punters who are approved by the Gambling Commission. Even if some odds offered abroad may be higher than those of the English market, remember that the sites they are on do not guarantee your security, nor the assurance of being able to withdraw your winnings. Under the Gambling Act 2005, a numbers of regulations have been put in place to protect your interests should you fall victim to a scam such as this, however prevention is better than cure. It is better to avoid the risk of such a situation altogether, and besides, the UK bookmakers are some of the best in Europe - there is no reason to go elsewhere.
How to always enjoy the best odds?
Finally, the last tip we can give you is to multiply the number of online bookies you have registered an account with. Surely, what would be the point of using our odds comparator if you do not have an account on the site that offers the best odds on the football, rugby, tennis or basketball match of your choice - Nothing except frustration for you.
To always bet to the best odds on the market for the match of your choice, do not hesitate to open an account with a set of UK bookmakers, which will allow you to win the best possible profits each time you succeed . According to the calculations of our specialists, a difference of a few hundred pounds can be felt over a year by not always taking advantage of the best odds. You would be wrong to deprive yourself, especially given the nice welcome bonuses currently available on the market. One word of order: always exploit the best odds!
On average, comparing helps you to win 10% more money! Our odds comparator allows you to find the best odds for betting on your chosen event with the guarantee of obtaining a betting welcome bonus offered by each sports betting website! Our odds comparator compares all of the sports betting websites available in the UK. You save time! You win more money!