Odds Comparison for over 100 popular sport events
Gaming is turning professional every day, with punters and analysts gearing towards perfection. Although winning is purely on luck, gamers try to zero down all loopholes to increase their chance of winning. Odds comparison is the first step towards the increased chances of winning, as it exposes odds differences. Others offer, both knowingly or unknowingly, sure bet opportunities. If well used, these chances can improve the gamer’s winnings.
Sure bets ensure every gamer goes home with part, whole or more winnings, based on the bet set up. Most sportsbooks do not condone arbing and may lock out gamers who show such characteristics. However, progressive bookies have embraced arbitrage betting by encouraging gamers to be creative. In the long run, gaming will be analytical, and whoever does not support gaming sure bets may be alienated.
How do we Compare Odds?
Each bookmaker has their own algorithm that determines the odds value. Since the determinants are mostly similar, the deviation between two odds is insignificant. However, as technology kicks in, odds set up, intensifies, making the difference slightly bigger. The difference between two odds on the same market but on different platforms, create room for sure bets.
Odds comparison sites import their figures directly from bookie’s site. The figures then form the variables that feeds into the comparison tool. Players conversant with sure bets can use this information to their advantage. Getting the difference between the highest and the lowest odd on the same market gives a combined margin of less than 100%. The percentage difference between the optimal and the margin is the player’s odds advantage.
Since the figure keeps fluctuating, odds comparison sites also update their entries. They try to give the updated odds, which affect the odds comparison in real-time. The tool makes it easy for gamers to follow the process on one site, instead of creating accounts with multiple betting sites. It is an important tool for game punters who would like to improve their earnings from betting.
Which types of bets does an odds comparison provider offer?
All games with the same market structure and variables qualify for odds comparison. They have to be physical games with equal chances to create a good base. Football, tennis, rugby and horse racing are the most common sports for a comparison. The most common feature is have the same number of participants, gaming activities, outcome model and game outcome.
A good example is football. The first and the most popular bet is the 3-way bet, win draw lose. It applies to all bookies that have football as a betting market. An odds comparison platform, for example Oddspedia, picks these figures to rank bookies based on their odds value. Other bet types include the handicap bets, both team to score, goal scorers. Also, what makes odds comparison easier is that, before kick-off gamers usually knows who will participate and their influence on the game.
Pre-match bets are the most common with odds comparison since the odds takes time before the match begins. It gives time for updates, which may increase the window for analysis. With time, live betting has stepped in, which increase the odds update intensity.