Best EuroLeague Betting Odds (Europe)
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When placing a bet on European basketball, Euroleague odds must be taken into consideration. An integral part of the sports betting world, odds are essential to online gambling, as they will influence your decision whether or not to place a bet.. Based mainly on the probability of something happening, Euroleague odds will vary from one bet to another, and from one bookmaker to another. Hence the interest to know a little more about them.
Euroleague odds calculation
The first thing you need to know about Euroleague odds is that they are directly linked to the probability of an event taking place or not during a European basketball cup match. Based partly on historical and statistical parameters, the odds are numerical values that are linked to the sports bets offered on the market. The more likely an event is to occur in a Euroleague match, the lower the odds of that event. On the other hand, the less likely an event is to occur during a match, the higher the odds offered for its occurrence.
Let's take the example of a league match between Real Madrid and Bayern Munich. The Spanish team is important in the Euroleague in recent years, much more than the German team. Therefore, the "Real Madrid win" bet will not be offered at very high odds at sports betting sites (e.g. 1.35), unlike the "Bayern Munich win" bet (e.g. 3.80). As you can see, the difference in value between the Euroleague basketball odds is explained by the difference in probability between the different scenarios offered in sports betting.
Note that these probabilities are calculated by the sports betting sites, based on a few major factors. Firstly, from a numerical and statistical point of view, a large number of criteria will be taken into account to establish a value. For example, the official ranking of the European Cup and the respective championships will have its influence in determining the favourite of the match, as well as the number of points scored or conceded since the beginning of the season, or the ratio of home and away wins. In addition to these mathematical elements, the feeling of the operators will also play a role in the value of the odds. Whether it is the game offered, the recent statements of a coach or a manager, the injury of one (or more) important player(s) or the calendar of the teams, many aspects are also important to determine an odds on the Euroleague. This often explains the possible difference in values offered by the different bookmakers..
The last important point to know about the Euroleague odds is that they can also change live at the bookmakers, either before the start of a match or during a live bet. Indeed, the sports betting sites have the power to revise in real time the value of the odds they propose according to the parameters of the match. For example: the injury of a team's best player in the warm-up will directly influence the odds of the match concerned. The team of which the forfeited player is a member will then logically see its odds increase, while the odds of the opponents' victory will be revised downwards. Very important to remember before placing your Euroleague bet.
What are the benefits of Euroleague odds?
Inherent in sports betting, the odds will have two major interests for the player. Firstly, whether it is on the Euroleague or any other competition or sport, the odds will help determine the potential winnings of an online bet. Indeed, it is by multiplying the odds of a bet by the amount of money the player is betting (called the stake), that the potential winnings of the bet will be revealed (odds x stake = winnings). For example, let's take the European basketball championship match between FC Barcelona and Partizan Belgrade. If the odds for a Spanish win in this match are 1.45 and you want to bet £200, you could win £290 in gross winnings (£90 in net winnings, when the initial stake is deducted).
Secondly, the available odds will also allow the punter to validate (or not) his pre-match impression. Concretely, if before the start of the match between Anadolu Efes and Virtus Bologna you see the two-time defending champion winning, and the bookmakers offer the bet "Anadolu Efes win" at odds of 1.30, the logic seems to be respected. Now, and this is where it gets interesting, if you see that the same odds are very high (e.g. 2.40), you will have to check several things before betting. Such a difference between your feeling and the odds proposed by the bookmakers can sometimes be due to missed information on your part, such as an injury to a major player or a great lack of stakes in the match. It is very important to be aware of this, as the success of your Euroleague bet depends on it.
Sign up with all the sports betting sites!
To finish on the subject of these Euroleague bookmaker odds, it is very important to sign up with as many bookmakers as possible. In fact, what is the point of comparing the odds on the European basketball championship if you are not registered with the operator that offers the best odds? Yes, you will notice that for the same bet on the same game, betting sites will offer different values, thus directly influencing the amount of your potential winnings. Sign up with as many bookmakers as possible to make sure you can bet on the best odds, and maximise your winnings in the long run! Good bets to you.
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