Best CONCACAF Central American Cup Betting Odds (International Clubs)
There are no matches for CONCACAF Central American Cup Football. Here are the odds for the past days.
The CONCACAF Central American Cup is one of the most recent additions to the football calendar. The tournament sits below the CONCACAF Champions Cup in the ranking of international club football tournaments in the region. However, it is different in that it only allows teams from certain Central American countries to participate. Major players in the region, Mexico and the United States, are not allowed to enter teams into this event.
First contested back in 2023, the tournament features 20 teams invited from countries in the region such as Costa Rica, Panama, Belize, Guatemala, El Salvador, Honduras and Nicaragua. The teams are drawn into four groups of five teams and they play each other once. The top two teams in each of the four groups qualify for the quarter-finals.
From the quarter-final stage and thereafter, each match is played over the best of two legs. Home and away. The final is also played over two legs with the winner decided by the aggregate score. The inaugural tournament was won by Costa Rican side Alajuelense and the tournament proved to be a great success. It gave teams that normally are ousted in the early stages of the CONCACAF Champions Cup a chance to compete in the latter stages of a big tournament and potentially win a trophy.
The success of the tournament means that it is certainly likely to become a key part of the football schedule for the smaller Central American club teams and as such, it will offer a range of betting for punters on teams that maybe they have not had a chance to bet on previously.
Let’s take a look at some of the main betting markets and odds available on the CONCACAF Central American Cup.
CONCACAF Central American Cup betting odds & markets explained
When enjoying some betting on the Central American Cup, you need to focus on two key aspects. Betting markets and the odds quoted on those betting markets.
Betting markets are the easiest to explain. They are simply the different aspects of a match or tournament that a bookmaker will accept bets on. For example, betting on which of the 20 teams entered will win the tournament. Or betting on which team will win a match, or if a certain player will score a goal in the game.
Bookmakers will offer a massive choice of these markets for customers to bet on. To allow them to bet, they also need the odds for each market.Odds are simply a statement of how likely a bookmaker thinks an event is to happen. The chosen odds format for a bookmaker (which is usually either fractional, decimal or American), is simply a way to describe the likelihood of an event to a punter. They can also use the odds to work out how much their bet stands to win based on their chosen stake for the bet.
Fractional odds (2/1, 100/30, 15/8 etc) and Decimal Odds (2.00, 4.75, 12.50) are the most commonly used odds with Decimal being the easiest to use for calculations as your total win is simply your stake multiplied by the decimal odds (For example, £10 x 4.50 would equal a total return of £45.00 if the bet is a winner).
Odds are a statement of implied probability too. This means they reflect how likely the bookies think an event is likely to happen. Even money (2.00), implies around a 50/50 chance of success for a bet. 2/1 (3.00) implies a 33.3% chance of success for the bet.
That’s all you really need to know about betting markets and odds. However, it is useful to have a basic grasp of how bookmakers come up with the odds for any particular betting market.
How do bookmakers calculate CONCACAF Central American Cup betting odds?
Bookies now use a very complex calculation called an algorithm to calculate betting odds on a huge choice of markets. This calculation takes into account a massive amount of data before coming up with the starting odds on an event. The aim for the bookmaker is to produce odds which limit its risk on the markets, but which also are attractive for customers to bet on.
Once a market is live and the bets start to be made on it, then the odds can be adjusted. If a lot of money is being bet on one or more options in a market, then the odds on those options will be shortened to reduce the bookmaker's risk. However, if some options are not attracting many bets, then these odds will be lengthened to make it a more attractive bet to customers.
Just before the event starts the final Starting Price (SP) for a market will be displayed. This can be quite different to the initial odds quoted for that bet when the prices were first made available.
Why are odds so important for your CONCACAF Central American Cup bets?
Now we know how bookies calculate odds for their markets, why are odds so important? We know they are a statement of probability, called Implied Odds, and that we can also use them to calculate how much a bet stands to win should it be successful.
But the real value of odds goes beyond that. They are also a fantastic option to use when comparing value bets with different bookmakers. You do this to ensure that when you place a bet, you get the best possible price on it. After all, when you win, you want to win the most you could land from the bet. Why settle for a smaller win amount simply because your bookmaker didn’t have the best odds when compared with another?
So the real value of odds is twofold - they indicate a winning likelihood and show potential returns for your bet, but also can be used to compare value across bookmakers. Which brings us very neatly onto the final step you need to take to get the best value odds.
Sign up with a variety of bookmakers for the best odds!
Now that we understand a great deal about betting on the CONCACAF Central American Cup, including how the markets and odds are formulated, calculated, maintained and why they are important. Let’s now take the key final step: Ensuring you get the best odds each time you bet.
There are many different bookmakers available online today and for every bookmaker, each will have their own formula for working out the odds on betting markets. The slight differences in these formulas mean that for the same betting market, you will be able to find different value odds.
For example, if you wanted to bet on a team to win the CONCACAF Central American Cup, you may find that defending Champions Alajuelense are 4/1 to win the competition next time around with your usual betting service. But why would you take those odds of 4/1 if you could get 5/1 with a different bookmaker? Or maybe even 6/1 or 7/1 with another couple of options?
You wouldn’t want to lose out on more winnings potentially, so the best way to avoid that is to ensure you have multiple betting accounts. The more you can easily manage and with the greater the variety of bookmakers, the better.
By having access to a wide range of bookmakers and betting services, you can ensure you have the pick of the best odds when you make a bet and that means bigger returns for the same winning bet!
If you’d have taken the 4/1 on offer for Alajuelense to win and they did land the win, you’d have won £400 for a £100 stake, plus received back your initial stake for a £500 total return. However, if you backed them at 7/1, then you’d win £700, plus get your stake back for an £800 total return! £300 more, simply by betting with a different bookmaker!
So as you can see, having multiple accounts can pay off handsomely in the longer term. Furthermore, it will allow you access to several different welcome bonuses and other promotions too. All of which can offer you excellent long term value for money!
