Bet Calculators & Converters Sports Betting Handicapping Tools

The next step is to calculate how your investment needs to be broken down in terms of stakes across both bets. This is so that you are returning the same profit regardless of which outcome wins. After noticing that 1.18 and 7.00 looked like a potential arbitrage bet by looking at 1.20 and 6.00 above, the next step is to calculate whether the odds represent a surebet. Luckily, there are plenty of online calculators available which do all the hard work for you. However, we can look at the actual calculations to see how things work behind the calculator. For example, Bookmaker 1 could price a Tyson Fury win at decimal odds of 1.48 (67.6% implied probability) whereas Bookmaker 2 could think he’s even more likely to win and offer odds of 1.36 (73.5% implied probability).

Most people who bet on the 1×2 markets on football each week combine their fancied selections to form an accumulator whilst doubles and trebles can be popular bets on other sports too. When you click on a specific match, you can choose select markets and scroll down to tick on OddsAlert and choose the specific odds that you want to be notified the market has reached or exceeded. Though you can’t get a dropping odds alert, you can find out about odds movement in the opposite direction with OddsPortal thanks to our OddsAlert feature. It’s important that you stay curious and keep refining your approach in regards to dropping odds, with there always being room for improvement to minimise your losses.

From the largest company announcements leagues and tournaments like the Australian Big Bash League and IPL to the Ashes or T20 World Cup, OddsPortal gives you an extensive selection of betting odds and markets for cricket betting. Regardless of which league you are interested in, OddsPortal has football betting odds for anything that you are looking for. Perfect for those of you who are new to sports betting, our bet calculator will demonstrate the payout of your bet if you are unsure of how sports betting odds work. This could be for a simple single bet, accumulator, and by decimal, fractional, or American odds depending on your preference. There are 20 sports available for you to choose from to find odds comparisons on OddsPortal, with numerous markets available for each of them, including both individual matches and outrights. To take full advantage of the best odds identified by comparison sites, you need to have accounts with multiple bookmakers.

Streak Calculator

Similar to playing styles on the field, there are distinct betting personalities. The conservative value bettor meticulously scrutinizes every wager, prioritizing long-term ROI over high-risk, high-reward gambles. Conversely, the aggressive arbitrage hunter capitalizes on fleeting discrepancies between bookmakers, pursuing guaranteed profit regardless of match outcome.

For moneyline bets, line shopping focuses on finding the highest payout for your chosen outcome. Manually checking the odds at numerous bookmakers is a time-consuming and inefficient process. These platforms aggregate the odds from a vast array of bookmakers in real-time, presenting them in an easy-to-compare format. Popular in mainland Europe, Australia, and Canada, decimal odds are arguably the simplest to understand. The number represents the total return for a £1 stake, including the original stake. For example, decimal odds of 6.00 mean that for every £1 you bet, you will receive £6 back in total (£5 profit plus your £1 stake).

• Fortunately most odds comparison sites will now allow you to put each selection you want to back into a bet basket.
• Whether we are seasoned punters or newcomers to the betting scene, these strategies will serve as valuable tools in our arsenal.
• Some of the other markets that will be shown to have odds dropping are both teams to score (BTTS), home/away, Asian handicap, draw no bet, double chance, and more.
• Learn from bettors just like you who are curious, thoughtful, and helpful.

Understanding What Really Moves Football Odds Markets

A common use case for the odds converter is converting horse racing odds from horse racing betting sites’ fractional odds to the more widely-used American odds. Many bettors will use this at the beginning of May for Kentucky Derby odds at Kentucky Derby betting sites. Explore more expert football content, player statistics, and our unique PropHunter tool for finding betting value across 100+ leagues. Perhaps you’re skilled at evaluating team form, identifying promising talent in lower leagues, or interpreting statistical data. Pinpoint these strengths and concentrate your comparison efforts on markets where your skills provide a distinct advantage.

Move quick though, because odds movement can be spotted quickly by betting sites, and our best dropping odds tips might not last for long. This strategy is a riskier version of an arbitrage bet, however, if used successfully it does ensure a greater profit for the bettor. To take this a step further, the bettor could use a Weighted Arbitrage Bet where they place more money on the team they believe is going to win. If you do feel like this is something you want to do, simply use the Arbitrage Calculator above normally, then, assign a dollar amount on top you want to place on the team/market you believe will win. Even with the most diligent football odds comparison, certain predictable pitfalls can decimate a betting bankroll.

📈The Super Yankee Bet Calculator: Work Out Your Betting Returns!

Please check out our Bonus Bet Calculator to learn how to maximize your return on Bonus Bets. Comparison sites are the architects placed at the forefront of digital betting for both beginners and seasoned punters. Users can use the sites to compare betting odds across bookmakers simultaneously in real time to make an informed wager and maximize their returns. Understanding how to use these comparisons can greatly aid a bettor in his strategy, transforming smaller nuts into big profit over time. This article discusses the place of odds comparison sites in a betting strategy, the selection of sites, interpretation of line movement and usage of bonuses and promotions.

Using an odds comparison site such as Oddschecker, find a sporting event which offers two outcomes. Profit from identifying bets where the odds offered by bookmakers exceed the true probability of an outcome. By doing this, one can monitor the real time odds updates and choose the highest value for a maximized return of investment and be also entitled to various bookmakers bonus schemes. The following table shows the average hands per hour and the house edge for comp purposes various games.

It is hard enough to make a profit from betting as it is, by not backing at best price every time you are seriously handicapping your chances of making betting pay. We know the key to any chance of long-term betting profitability is value betting and without having access to the biggest odds, you will be putting yourself at a disadvantage. Add in Ante Post odds such as those above and you can see why using an odds comparison tool is essential for the 21st-century punter. Odds as you see can vary significantly between bookmakers, especially now that odds are available from a few days before in football or the night before for daily horse racing. And even if they do offer you things like valuebets, it’s even for fewer bookies and just as unreliable.