A pivotal factor when selecting a bookmaker is the offered odds. These are crucial as higher odds can lead to more significant profits. Hence, every user aims to find the sweet spot, while beginners usually seek the highest odds. We will explore which betting sites provide the most favorable odds, highlight the industry leaders, and discuss other pertinent factors.
Factors to Consider When Searching
Firstly, it’s important to note that the betting market is highly competitive and continually growing. Therefore, to attract players, many platforms offer enhanced odds.
However, high odds aren’t always the primary selection criterion. Initially, a player needs to decide on a betting strategy, such as focusing on live bets with high odds. Additional considerations include:
- Specific odds for different sports. Some bookmakers may offer better odds for tennis, while others might favor football or basketball.
- Overall user ratings of the platform.
- The bookmaker’s margin size.
High odds can indicate a low margin but might also be a tactic to mask a company’s shortcomings. Therefore, it’s necessary to analyze each bookmaker individually to select the best fit for you.
How Does Margin Impact Odds?
The key factor influencing odds is the margin set by each individual bookmaker – this is the bookmaker’s potential profit.
The company calculates all risks, mathematical probabilities, and other aspects, ensuring that it makes a profit from all types of bets, regardless of their outcome.
For instance, consider a match with the following odds:
- 1.6 for the first team’s win.
- 4.7 for a draw.
- 4.7 for the second team’s win. Given these odds, you can calculate the bookmaker’s margin by dividing 100% by each event’s odds and adding the results. Here, the odds percentages are 62.5%, 21.3%, and 21.3%, totaling 105.1%. The extra 5.1% is the company’s margin. This figure can vary depending on factors like the match’s importance, the tournament’s prestige, the bookmaker’s popularity, and more.
Keep in mind that high odds are rarely offered for high-profile matches like top-tier football club matches, NHL and KHL games, or Grand Slam tennis tournaments. However, such odds can be found in most other games.
Which Bookmaker Offers the Best Odds
Now, let’s specifically address which betting site has the best odds. We can categorize the options into:
- Bookmakers in the CIS region.
- International bookmakers.
Bookmakers from the CIS Region
Among Russian-speaking projects, the leader is 1xBet (known internationally as 1XBet), offering the lowest margin at only 3.5%. Another significant player is Marathon, boasting an average margin of 5%, but it’s only 3% for football and hockey. Other noteworthy Russian offices include Melbet and Betcity (both with a 5% margin) and Leon (5.5% margin).
International platforms also have their standouts. They include:
- Bet365, initially known for high odds across all sports, now focuses more on tennis, football, and basketball.
- Betvictor offers bets on rugby, boxing, horse racing, and football.
- William Hill is recognized for its diverse betting options, such as American football and horse racing.
These are just a few market representatives offering favorable odds. However, the ideal choice depends on individual bettors’ preferences, as one company might offer the best conditions for football, another for tennis, and a third for horse racing.
As we’ve mentioned, you need to define your strategy first, then choose a bookmaker, register, and start placing bets.