Finding the best odds in sports betting is a key element in maximizing your winnings. There are various methods to do this, ranging from odds comparisons to mathematical strategies to promotional offers from bookmakers.
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Tip #1: Online Odds Comparators
The first step to finding the best odds in sports betting is to compare the different offers from the bookmakers. Obviously, the more you have a wide choice of online gambling operators, the more likely you are to get the highest odds in the market.
This can be done manually, by visiting their websites and noting the odds offered for each bet, this option has the merit of giving you the odds at the moment but is very time consuming.
Alternatively, you can use odds comparison websites. These websites allow you to compare odds from different platforms in real time, making it easier to find the best odds for a given event. Some odds comparison websites also offer alerts to be informed of odds variations for a given event.
However, comparators can have some flaws like: having a delay in updating the proposed odds, on the availability of odds or your favorite bookmakers.
You will find many online comparators like : Coteur, Oddsportal, Comparateur-de-cotes and many others.
Tip 2: Bookmakers' promotional offers
Online gambling operators regularly offer promotional deals to attract new players and retain existing ones. These offers can take different forms, such as free bets, deposit bonuses, cashback offers, boosted odds, etc.
It is important to read the terms and conditions of promotional offers carefully before accepting them, as some may have restrictions or wagering requirements.
High-value promotional offers are usually reserved for first-time registrants, and sign-up bonuses such as a referral bonus are often most attractive during high-stakes sporting events (such as a soccer world cup or the Olympic Games).
Be on the lookout for these exceptional offers so you don't miss out!
Tip #3: Math Strategies
Sports betting often involves complex bets involving probabilities and odds. Bettors can use mathematical methods to calculate probabilities and determine the most advantageous odds.
Indeed, the method known as the built-up bet is a mathematical method that allows you to increase the odds of your initial bet by avoiding a high margin of your initial bet. If you want to learn more about margins applied to sports betting we advise you to read our article on the subject.
For example: Julie wants to place a bet on the match between Bayern Munich and Borussia Dortmund. She is convinced that Bayern Munich will win, but she would like to secure her bet by betting on a double chance and therefore the Bayern Munich win or draw bet.
Here are the odds proposed by his bookmaker: Bayern Munich or draw @1.31.
However, the odds offered by the latter for the typical bet called 1-N-2 are :
- Bayern Munich @2.45
- Draw @3.05
- Borussia Dortmund @3.15
We can see that if Julie had decided to play 2 separate bets such as the Bayern Munich win at 2.45 and the draw at 3.05, she would have obtained odds equivalent to the double chance of :
It may not seem like much to you, but a 0.05 win represents a 5% increase in your potential profit, or an extra €5 for every €100 you bet! In the long run, the experienced bettor knows that it will make a big difference if he can increase his potential profit regularly.
This strategy is only applicable for so-called showcases because by using 1N2 bets you avoid the higher margins of alternative bets. This way you can improve the odds of your bets such as: double chances and payouts if you draw in particular.
We have already written several articles on mathematical strategies that a bettor can implement to improve his sports betting, if you have not yet read them we invite you to do so!
In conclusion, there are different methods to find the best odds in sports betting. Odds comparisons make it easier to find the best offer for your prediction, newsletters or commercials can keep you informed of promotional offers to get better odds and mathematical strategies can maximize your winnings in the long run.
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