Best Scottish Premiership Betting Odds (Scotland)
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First of all, to understand the world of sports betting, you need to understand the concept of odds. These are set by the betting sites, more commonly referred to as bookmakers. These sites will establish several probabilities regarding the outcome of a football match, and therefore of the Premiership in particular, which allows users to bet on the Scottish top flight. The amount you bet will determine your potential winnings, should your wager turn out successful. As this article is focused on the Scottish Premiership, we will therefore be referring to the betting odds regarding the competition.
How are the Premiership odds calculated?
The different betting operators will determine the odds through their various data sources. This consists of statistics and precise algorithms which produce calculations allowing them to set the different odds for each Premiership match. In short, ‘odds’ are a reflection of the mathematical probability of a result happening or not. Thus, Premiership matches are no exception to this process. Each bookmaker will use almost identical methods to calculate their odds and offer them to punters. The process is quite simple to understand: if the odds are high on a match, it simply means that there is little chance of the result happening. Conversely, the lower the odds offered, the greater the chance assessed by the bookmaker that the result will occur.
To understand this, let's take a telling example of a Scottish league match between Celtic Glasgow and Aberdeen. Celtic have won the league title 10 times in the last 11 seasons and the team is composed of several internationals. Against a fairly average team in Aberdeen, it is only natural that they are the favourites to win this game. Therefore, a bet such as "Celtic to win" will be displayed at relatively low odds (e.g. 1.20), as the chances of the defending champions winning are high. On the other hand, the odds for the "Aberdeen to win" bet will be much higher (e.g. 7.00), as the probability of this more limited team winning is still quite low, based on their recent results and their totally unfavourable history at Celtic. Thus, the odds of Premiership matches will logically fluctuate on the different sports betting sites according to several elements. These include: the venue of the match, the matchup of the two teams' styles of play, the importance of the match, the team compositions (injuries and/or suspensions), the rivalry between the Scottish league clubs.
It is also important to understand that it is quite normal for there to be different variations in the live odds in the middle of the match. Indeed, this will take place as soon as an important event of the game occurs which could change the final result of the game. Let's take an example and imagine that it is Aberdeen who opens the scoring midway through the first half. It is a surprise to see the away side take the lead on the scoreboard, therefore this goal will cause a shift in the analysis of the final result by the bookmakers. With this goal in their favour, the odds for the visitors' victory will logically decrease and be adjusted in real time. For example, the initial odds of 7.00 at the start of the match could very likely decrease to a figure closer to 3.00 at the end of the second half. The opposite effect will also occur with Glasgow Celtic. Their odds would likely rise from 1.20 at the beginning of the game to closer to 2.50 at half-time trailing by a goal. This similar process will logically apply to all Premiership matches.
How to use Premiership odds?
Depending on the bets offered, the odds of Scottish Premiership matches will fluctuate at the different bookmakers on the market. This has several advantages for the punter. It is important to keep in mind that the most important thing for the player is to be able to calculate his winnings according to the prediction placed. So, in order to know how to calculate your winnings in the event of a successful bet, simply apply the following formula: multiply the selected odds by the amount you are going to bet (odds x stake = bet winnings). This calculation is therefore essential and is important to master in order to know your expected winnings. This will also serve you for all your bets over the year and beyond.
There is also another equally important fact to know. As a bettor, you should look to compare the analysis that you have regarding a match with the odds proposed by the bookmaker. Only in this way you will know if your prediction for a Premiership match is congruent with the logic of the result. To make it easier for you, let's take the example of a match between Motherwell and Livingston. You have taken the time to study the match and you feel that Motherwell are much more likely to win in front of their fans. So, when you look at the various odds on the market, you see that the team to win the game at home is offered at 1.40 by the various bookmakers. We can easily say that you are in agreement with the different gambling operators about Motherwell's victory. This is because the logic of the favourite winning the match is respected and represented in the odds on offer. In this case, you can place your sports bet with confidence. On the other hand, if there is an anomaly regarding the odds displayed on Motherwell's victory, being much higher than expected for example (e.g. around 2.00), you will have to decipher it in more detail. Indeed, it is strongly advised that you understand where this increase in odds has come from. It is quite possible that you may have missed an important fact about the team you want to bet on, which could explain the difference in odds.
It is therefore essential to find out the official line-ups of the teams (they are usually available 1 hour before kick-off) because last minute information such as the withdrawal of a side’s top scorer can affect the outcome of the match. In this case, no matter what information you missed beforehand, you have to factor it into your analysis. This is because the value of your bet may no longer be accurate and it is therefore vital to know if your initial prediction is still good to go. However, it is quite possible that your opinion and that of the bookmakers are completely different in regards to the final outcome of a match. Sometimes sports betting sites underestimate (intentionally or not) one team to the detriment of the other and vice versa. If your analysis is correct in this type of situation, you should take advantage of it! The most important thing is that you keep to this modus operandi in all Scottish Premiership matches.
Join Bet365!Long-term betting with the odds on the future Scottish champion
When it comes to your Premiership predictions you may be interested to know that you can also make bets on the long-term results of the competition. These types of wagers can often prove to be immensely profitable. These markets include: the winner of the competition, teams to finish in the top three or four, relegation teams and even which team will finish ahead of another.
All these different predictions are available before the competition starts and some of them you can also place during the season. This provides a unique opportunity because you can have a better idea of the forces at play and how a team you have selected beforehand is doing. What is very attractive about these types of bets is that it allows you to follow the competition over the whole season and not just the duration of a classic match.
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When it comes to sports betting, the goal is ultimately to increase your profitability. To achieve this you’ll need to have access to the best available odds on the market for any given bet. Indeed, this is an essential technique implemented by the most experienced sports bettors! So, for the same bet, different sports betting sites will display different odds. Take note that this can vary up to 10% per match. So why should you make less profit for your winning bet? If you do this calculation over the whole season, you will begin to see how much of a difference it can have on your bottom line. To get the best possible value from each bet you should compare the different odds on the market in order to take advantage of the most profitable ones.
Let's take a look at a concrete example to explain this concept: you want to bet on a Premiership match between Dundee and Rangers, investing £100 on the visiting team's victory. After looking at the various odds for the match, you find that a Rangers win is shown at an average of 1.60 by the bookmakers, except for one operator in particular, who offers it at 1.70. It's quite easy to understand, it's beneficial for you to bet your £100 with this operator in order to win £70 in net profits, compared to an average of £60 with other gambling operators.
To use this technique on the Scottish Premiership games, you will need to be registered with as many bookmakers as possible. This simple process alone is guaranteed to boost your profits and will see you betting like a seasoned pro! With this in mind, we offer a guide to the best bookmakers around as well as our experts’ tips and advice for when you want to place your next Premiership bet. You can consult our odds comparator allowing you to quickly access from the best current odds of the market on the matches of your choice. Simply follow the links on this page to start betting like a pro!
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