Online gambling is a great way to spend a fun night watching your favorite games and maybe even winning some money in the process. Still, to a beginner, the world of betting odds, with all of their intricacies, can be simply overwhelming. What's even more confusing is that different countries and casinos may use different systems — decimal betting odds, fractions, matched, etc.
And, of course, there are always dozens of different games and events going on, so there is always an opportunity to make some extra money — as long as you understand the best betting odds 2024 can feature. The guide below offers a quick betting odds explanation for beginners, as well as some tips on how to boost your winning chances.
Algeria | |||||||
Algerian Women's Championship
In Play Odds
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1 | Draw | 2 | ||||
14:30 |
Ase Alger Centre Women
Cr Belouizdad Women
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Premium liiga
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Eerste Divisie
In Play Odds
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15:45 |
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England | |||||||
The Championship
Friday 26 April 2024
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1 | Draw | 2 | ||||
20:00 |
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Bundesliga
Friday 26 April 2024
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19:30 |
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Serie A
Friday 26 April 2024
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La Liga
Friday 26 April 2024
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20:00 |
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20:15 |
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Premier League
Saturday 27 April 2024
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12:30 |
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The Championship
Saturday 27 April 2024
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15:00 |
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League One
Saturday 27 April 2024
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12:30 |
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Bundesliga
Saturday 27 April 2024
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1 | Draw | 2 | ||||
14:30 |
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Serie A
Saturday 27 April 2024
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1 | Draw | 2 | ||||
14:00 |
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17:00 |
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La Liga
Saturday 27 April 2024
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1 | Draw | 2 | ||||
13:00 |
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Premier League
Sunday 28 April 2024
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1 | Draw | 2 | ||||
14:00 |
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14:00 |
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14:15 |
AFC Bournemouth
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16:30 |
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Bundesliga
Sunday 28 April 2024
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1 | Draw | 2 | ||||
14:30 |
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18:30 |
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18:45 |
FC Heidenheim 1846
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Italy | |||||||
Serie A
Sunday 28 April 2024
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1 | Draw | 2 | ||||
11:30 |
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14:00 |
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La Liga
Sunday 28 April 2024
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1 | Draw | 2 | ||||
13:00 |
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The Championship
Monday 29 April 2024
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1 | Draw | 2 | ||||
20:00 |
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Italy | |||||||
Serie A
Monday 29 April 2024
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1 | Draw | 2 | ||||
19:45 |
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Spain | |||||||
La Liga
Monday 29 April 2024
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1 | Draw | 2 | ||||
20:00 |
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20:15 |
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All Odds |
England | |||||||
The Championship
Tuesday 30 April 2024
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1 | Draw | 2 | ||||
20:00 |
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All Odds |
The easiest way to get started with betting is to pick a game you understand and love best. If you do this, you are already equipped with valuable information. The rest will go down to a bit of luck and your ability to make informed predictions. While there is no way to calculate the former, the latter can be easily solved with basic Math.
A betting odds table comparison is a good way to start with the world of online gambling. This way, you will be able to evaluate all of the latest offers from different bookies and place a bet with the highest winning chances and, obviously, payouts. With Betting Highlights on our site, you can easily find the latest statistics on your favourite games across multiple platforms. Below are just some of the insights we offer.
Football odds offered by different bookies are the ratio between the amount you bet and possible winnings. With football, winning chances are generally presented as fractions, where 1/2 betting odds mean that you can win $1 for every $2 you bet. That does not seem much, but keep in mind that if you win, you also get your original stake back. So, when you bet $2 and win, you get $3 in your online gaming account.
On the whole, football is one of the most popular sports worldwide, with many punters making their bets. This explains relatively low payout fractions on football. But then again, it's better to win a little than to lose a lot, and there are plenty of ways to foresee a match outcome if you know the game inside out.
Another peculiar thing about football wagering is that you can place bets on whether a particular player will switch clubs. These so-called transfer betting odds usually happen by the end of the season, and there is a rather short window of opportunity to place your bets. So, if you are confident that one of your favourite players is about to switch clubs, you can earn some money on that, too!
Horse racing odds are usually presented as 6-2, 5-1, etc. The first figure stands for how much you can win, and the second one — is how much you need to bet first. So, with 5-1 horse racing wagers, you get a chance to win $5 for every dollar (or any other currency applicable to your bookie) invested. On the whole, horse racing has one of the highest payout rates, which is why these events are still so popular today — not to mention so exciting to watch.
Basketball winning chances are usually shown, starting with either a "+" or a "-" sign next to each team in a match. The team starting with a plus, ironically, is estimated as an underdog team, less likely to win. The logic is that if you bet on this team and win, you will get more money than people betting on a favorite in the game.
Also, while betting on basketball, you should consider the spread. For example, if the two teams have +/-1.5 booking rating, it means that the players are rather alike in terms of winning probability. A larger spread, for example, +/-7 would mean that the teams are farther apart, with a clearly-defined favorite and a distinct underdog.
One more trick with basketball betting, particularly when it comes to large spreads, is that when you bet on a +7 player, the other team would have to score at least six times lower than your favorite for you to win the game.
Golf betting odds also start with a plus or a minus sign, but the logic is not the same as with basketball. If the figure starts with a minus, as in -150, it means that you will have to bet $150 to win $100. Should you win, you will get a total of $250 to your account — the original bet back plus winnings from it.
If the figure starts with a plus, i.e., +200, it means that you can win $200 on every $100 you make. The same example can be converted into a more comprehensible fraction system; in this case, it will look like 2/1.
Depending on your bookie, tennis bets can be displayed as fractions, decimals, or be shown as plus/minus bets. Since there are only two parties involved in a tennis tournament, the basketball betting logic applies. So, players will be shown as +2 and -2, where '2' is the spread. The spread number is calculated based on how many sets one player has won compared to another one. So, if players are evenly tied, the spread would be zero. However, this hardly ever happens in practice.
The higher the spread in a tennis tournament, the higher the stakes and the class of the tournament is. With our spread example set at two, you can win twice the amount of money you bet as long as you bet on the right player. In a fraction system, the same chances will look as 2/1, which is fair compensation in case of winning.
Betting on the election results is available in a limited number of countries because not all jurisdictions allow this. Still, if you have an opportunity to bet on politics, you also get an opportunity to win big. Note, however, that this gambling niche is one of the trickiest and riskiest online because any unexpected piece of news can seriously affect the election results.
Still, with a proper bookie and some understanding of the political processes, you can benefit from some very impressive winnings because the stakes are always high in political betting. Also, keep in mind that this type of betting is most popular in the US and will traditionally be displayed as plus/minus chances.
Betting on online sports events follows the same logic as betting on any other on-site tournaments. Once again, depending on your country and event type, bookmakers' stats can be displayed in several different formats because there is no unified betting odds list — anything from factions to decimals can be used. And, once again, depending on the type of tournament and the parties involved, the stakes and winning chances can vary greatly. So, it is very important to familiarize yourself with the game before wagering money.
Online gambling is not just about understanding the game and the necessary betting odds to win. Often, it is about choosing a reliable, certified platform — this should always be your starting point. The choice of bookies today is simply overwhelming, so if you have never registered with online casinos, we suggest you do your research first. There are legitimate platforms that have been in the market for decades, as well as a few shady providers fishing for your credit card details. Obviously, you want to avoid the last ones by all means possible. So, it all starts with choosing a reliable site to bet on first.
Once you have chosen a bookie, there are a few other tips that can help you get started. Usually, whenever you join an online casino, the platform will offer you a welcome bonus. Depending on this platform, bonuses can vary from $5 to $100, but do not let this amount be a decisive factor in your choice of a gambling platform. Keep in mind that reliable casinos with solid reputation do not need to lure gamblers in with high welcome bonuses.
No matter the amount of welcome bonus you get from a gambling platform, use it wisely. The welcome and regular user bonuses can result in a very tangible profit if you learn how to use them right. The matched betting odds stand for using free bonuses and converting them into real profit. For example, you can make up to 95% of the profit on every matched bet, and sometimes, you will not even have to deposit any real money.
There may be several types of bets deepening on the casino you use. The most common one is a 'back' bet, meaning that you get $10 of bonuses for every $10 you make. This sounds too good to be true, but keep in mind that those offers are usually available to beginning players. Use this opportunity to practice with virtual cash before you start betting for real.
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Betway Sports Bonus Code | Up to £30 free bet |
Besides online casinos and bookies, there are tools that compare betting odds across different platforms. These sites aggregate top offers from the most trusted bookies and compile data in a comprehensive table to make sure you have access to the most relevant and important info on the latest gambling events. Another important reason to use comparison tools is that they come with plenty of additional perks, such as betting odds fraction to decimal conversion, blogs, tips, and other valuable resources that will help you make an informed decision.
Choosing the right odds comparison tool can be very beneficial, especially for new players. First, different bookies offer different stakes, so sticking to just one provider is not always the best decision a gambler can make. Sometimes, it is best to monitor offers across several reliable sites to make sure you place only the best bets with the highest payouts.
Next, using a quality comparison tool will help you stay informed about all important events. Today, we have so many things going on online that keeping track of everything is no longer humanly possible. Proper algorithms will have this problem solved for you — not to mention they will lay out top UK betting odds explained.
Finally, certified comparison tools work only with professional bookies, so your chances of betting on the wrong site are minimal. More importantly, comparative tools occasionally get access to promotions and can keep their users informed about offers that would be unavailable if simply googled online.
Besides giving you access to the top offers and promotions, certified sites work only with certified bookies. And as you may recall, this is the first and most important parameter to consider before placing any wagers online. On our site, you can choose from some of the most trusted and respected bookies, not to mention pick from a vast list of available sports, currencies, and events. We make a point of monitoring every new gambling platform and checking out new sites as they emerge. After all, betting with an old and established bookie does guarantee security, but it is hardly ever associated with generous welcome bonuses or promotions.
On the other hand, placing bets with new, less popular platforms can be more beneficial when it comes to payout amounts. We make a point of reviewing new sites, along with their licenses, to offer our users only the best selection of platforms where you can safely place your bets. By sticking to reliable bet aggregators, you minimize your chances of placing a wager with a scam platform that imitates the look of the original, trusted site.
Besides, there are plenty of other details that indicate a professional gambling provider — from deposit and cashing out methods to the available selection of games and sports to bet on. By constantly comparing the wagering opportunities, you can eventually shortlist several trusted partners you are most comfortable with. This, in turn, will save you plenty of time on future research because all of your wagers and options will be neatly arranged in one place. This means no endless googling or missing out on important opportunities — simply proceed to making your bets and waiting for a lucky winner.
There are several important criteria we always evaluate when reviewing new and established bookies. First, any legitimate site should have all the necessary certifications for operating in its chosen area. This part often gets a little tricky because gambling regulations differ significantly from one country to another. So, we make sure to review all legal complications and check for mandatory licenses — something all good bookies must renew on a regular basis.
Then, of course, it is important to check out the gambling selection a bookie offers. Here, 'the more, the better' principle does not always apply because some sites are very specialized — for example, some bookies deal exclusively with horse racing while others will have a distinct focus on tennis or golf.
The welcome package a bookie provides is also an important criterion for reviewing a trusted bookmaker. Here, the main point is not the number of free perks a site is willing to guarantee but rather how you can spend this free cash. For example, a generous bonus will amount to nothing if you can only spend it on a limited amount of events or if the winnings from this 'free' bet are not eligible for cashing out.
And, of course, one always has to consider the available payment methods — both for depositing and withdrawing your money. Generally, reliable bookies work with all sorts of credit and debit cards, as well as e-wallets. However, one has to consider the payout times. Sometimes, cashing out winnings takes a few seconds, but sometimes — it may last up to several days. The last one is a general policy for the first withdrawal, and, while inconvenient sometimes, it is not a bad thing. The goal is to keep a platform scam-free, and a bit of caution with money is one of the ways to do so.
Pretty much everything we do today happens on the go, so evaluating betting odds and placing wagers should not be an exception. Still, a lot of bookies keep their sites somewhat cluttered, which is a huge hindrance to quality mobile experience. With us, everything you may need to place a wager will work the same regardless of your device or operational platform. All you need to do to get constant access to all of your info and wagers is to register an account and keep checking in whenever you are in the mood.
Another equally important perk of having constant mobile access to your wagering data is that you can receive timely notifications when a new window of opportunity opens up. With us, you will not miss out on any important tournaments or opportunities simply because you left your laptop at home when going out for a walk. Enjoy full access to all of your features, betting history, available event selection, and new promotion opportunities on your mobile.
We guarantee a smooth experience wherever you are, whenever you go. Register an account now to always stay informed about the latest sports events, no matter which country or timezone you are located in right now. And, of course, we will keep you posted on the most lucrative opportunities from the top bookies worldwide!