Best Urvalsdeild Betting Odds (Iceland)
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In order to have a firm grasp on the world of sports betting, it’s important to understand how betting odds work. Odds are offered by the various sports betting sites, known as bookmakers. In fact, it is these bookmakers who determine and offer the different odds on the results of football matches, including those of Besta-deild karla in Iceland. For each of your sports predictions, it's the stake you invest that will determine your potential winnings, should your sports bet be a winner. As this article is centered around the Icelandic Besta-deild karlas, we’ll refer to the Besta-deild karla odds.
How are Besta-deild karla odds calculated?
All the existing bookmakers use different algorithms from their databases for each Besta-deild karla match. These algorithms take into account several hundred statistics and combine them to come up with different odds for the same match. For sports bettors, this is quite simple to understand: odds are simply the probability of an outcome occurring or not. In the case of Besta-deild karla matches, the mechanism is the same as for any other football match on the planet. In short, the higher the odds on a match, the less likely it is to happen. And, conversely, the lower the odds, the greater the probability of the result coming to pass, according to the statistics that the bookmakers have calculated and modelled using their statistical tools.
To understand all this, let's take the example of a match in Iceland's top flight between Breidablik and Kopavogur. Breidablik, the home team, has been competing at the top of the Icelandic league for a number of seasons and is the defending champion. Opposing them is Kopavogur, who often finish in the middle of the table because their squad is inferior in both quality and quantity to that of the reigning champions. With this information, it is only logical that the Breidablik players should be favoured by the bookmakers to claim victory at the end of the game. A "Breidablik to win" bet will be offered at fairly low odds (around 1.40), given that the chances of success for one of Iceland's top clubs are very high. On the other hand, the odds for "Kopavogur to win" will be quite high (at least 5.00) as the chances of the visitors winning are low, especially if you take into account the standings and the history of the two clubs' meetings. It is also important to know that Besta-deild karla match odds change depending on which sportsbook you bet on. In fact, there are several parameters that come into play when calculating the odds for one team or another. These include the strength of the two clubs, the location of the match, the composition of the team (injury and/or suspension), the rivalry of the match (a derby), the style of play of the teams in the Icelandic league, and many other points.
Finally, you need to be aware that the odds on the same Besta-deild karla match will change over the course of the match when live betting. You will often see drastic changes in the odds when significant events occur that shape the result. To make things clear, let's take the example of the match between Breidablik and Kopavogur. In this scenario, imagine that during the first half, the home team's goalkeeper is sent off and the Breidablik coach is forced to make a substitution by taking off his best player and replacing him with his second goalkeeper. Inevitably, since this tactical change, the visiting team has dominated the match in terms of scoring chances and possession.
The bookmakers will therefore take this new parameter into account in order to calculate the probabilities in real time and offer new odds for the match. Punters following the match live will notice a significant change in the odds concerning the final outcome of the match. For example, the odds for Kopavogur's success will fall from 5.00 (at the start of the match) to 2.00, due to their numerical advantage on the pitch. Conversely, the odds on the favourites, Breidablik, will increase, potentially reaching 2.50 after the interval instead of 1.40 at kick-off. It is therefore logical that, in the end, it is the odds for a draw that fall, as the two sides are now more likely to end up in a stalemate. The same thing will happen in every game in the Icelandic league, as the sports betting sites will all react instantly to the various events that take place during the matches.
How do I use Besta-deild karla odds?
The odds on Besta-deild karla matches will differ from one site to another, which is a major advantage for sports bettors. One of the most important things for all punters is to be able to calculate their winnings quickly for each bet. To find this out, you need to do a very simple calculation: multiply the odds by the amount you want to invest (odds X stake = bet winnings). It's vital to remember this calculation, as you'll be using it for all your sports betting from now on. You also need to understand the relationship between your analysis (prediction) and the odds (chance) that the bookmakers will estimate. This is how you can confirm whether or not your Besta-deild karla prediction is in line with the logic of the betting market. Let's take another example with a clash between Valur (second) and Fram (second-bottom in the league). Before looking at the odds, you've studied the match carefully and you've picked Valur, who are playing at home against a weak team with uncertain momentum who are fighting to stay in the Icelandic top flight.
Next you take a look at the various odds for the match and you see that a home win is being offered at 1.60 by the bookmakers. This makes sense if you compare your analysis with the odds on offer, because you and the sports betting sites believe that there is a high probability that the home side will win. On the other hand, if you notice that there is a fairly large discrepancy between the posted odds (for Valur to win) which are higher than expected (say 1.90), then you are in a situation which needs a closer look. There's an anomaly in the home team's rating, so you need to understand where the discrepancy comes from. It may be that you lack information about the match and have missed a key point in your analysis. For some matches, we don't have all the information beforehand, leading us to misinterpret the match. Nevertheless, it is essential to have as much data as possible to ensure that your final analysis is not distorted by a lack of knowledge.
The first thing to do is to check the official line-ups of the two teams to understand the intentions of the two coaches for the match in question. If the home team's starting XI is competitive and you still can't explain the odds of 1.90, make sure the match isn't being played behind closed doors or on neutral ground! If, after a bit of additional research, you've realised that there is a significant piece of information missing, then you need to incorporate it into your analysis and see if it changes your opinion of the match.
Lastly, it is possible that your analysis of a team's strengths or weaknesses simply differs from that of the bookmakers. The bookmakers may feel that a team is currently playing above its supposed level and thus offer fairly high odds on the team or underestimate their chances. This is particularly true at the start of the season, where betting sites often place too much importance on the previous season’s results. So if a club is in trouble, even if there have been a number of major changes during the break (new owners with substantial financial resources, etc.), you will find odds that don’t match up with the team’s actual strength.
What's more, it's not uncommon to see some fairly surprising results at the start of the season. This is sometimes due to teams not yet building cohesiveness or match fitness, leading to some good opportunities to take advantage of underrated teams. Whatever happens, you should have confidence in your analysis provided it is thorough and complete. Of course, you'll need to stick to this approach for all Besta-deild karla matches.
Bet on the future winner of the Icelandic championship with futures markets
You can place your Besta-deild karla bets on the Icelandic competition itself. Futures betting markets involve betting over a longer period than a single 90-minute match. These are interesting in several respects. You can predict who will win the championship as well as which clubs will finish on the podium, and even determine which clubs will be relegated at the end of the season. Additionally, you can place your bet at different stages of the season. This can be before the Icelandic league starts, but also in the middle of the season and even at the end of the league. The odds will of course fluctuate according to the overall standings at the time of the bet. Unlike traditional bets which last for the duration of a match (1h30), futures allow you to follow the results throughout the season. This is sure to keep you on your toes weekend after weekend until the final outcome of the championship!
Sign up everywhere!
The aim of sports betting is to guarantee as much profit as possible from your predictions. To maximise your profits, you need to take advantage of the best possible odds on the market. For the same sports bet, the odds can vary by up to 10% per match. That's a considerable difference, especially over the course of an entire season. Let's take one last example, a Besta-deild karla match between Fylkir and Stjarnan where you want to invest €100 on the visiting team winning. After comparing the odds, you notice that Fylkir's win is offered at an average of 1.90, except at one bookmaker who offers it at 2.00. It would therefore be wise for you to invest your €100 with this bookmaker in order to obtain a net profit of €100, compared with an average of €90 with his competitors.
To benefit from even bigger winnings, you'll have to do this for all Besta-deild karla matches. The best way to go about this is by registering with as many bookmakers as possible to benefit from a wider choice of odds. With this simple strategy used by experienced punters, you will be able to considerably increase your winnings over the long term for the same sports bets, so be sure to take advantage of it! On our platform, we present the most attractive current bookmakers as well as our various tips and betting predictions. Take a look before making your next Besta-deild karla bets! Finally, you can also access our free odds comparator which will enable you to quickly find the best odds on the market to maximise your winnings for your future sports bets.
