Odds variation in sports betting: how to interpret them

The betting market in recent years is constantly growing and involves more and more sports enthusiasts who do not intend to limit themselves to watching, but want to feel involved and directly affected by the results of the matches. In most cases, at least for our country, we are talking about betting on football, which occupies 60% of the market.

Over € 10 billion is spent annually on gambling and online betting. During 2020 it was obviously the web market that welcomed almost all the bets, given that the betting activities remained closed (and still are) for most of the year.

The growing turnover generated by online betting has meant that more and more portals have been opened: today, therefore, there is a very wide offer online. Obviously not all sites are the same, it is therefore essential to select your trusted bookmaker meticulously and carefully.

The right one should certainly guarantee the security of sensitive data, ensure timely payments, clarity of the conditions of use and changes in quotas as limited as possible. The question of odds is important in the sector because it is on the basis of these that the amount in the event of a win is identified.

Odds variations: what are they and what do they depend on?

The odds are the decimal value that defines the amount in case of a win. They are, let’s say, the statistical – mathematical expression of what an event may or may not occur. In other words, it is a probabilistic quantification. The higher the share, the higher the prize, the more difficult it is for an event to take place. The odds, being in fact a probability, are subject to change based on changing conditions.

There are many factors that can affect the odds, that is, the outcome of a match: unfavorable weather conditions, an injury, a technical change, events that can affect the tranquility and concentration of the players are enough. In some cases the odds change even if a high volume of bets is generated on a relative odds.

On the basis of what has been said, therefore, it is possible to say that a “price” is given to each change in situation which is commonly referred to as a “change in altitude”. To make convenient bets it is advisable to seek the best odds on the market and the most stable.

How the quota is calculated

Do you intend to place a bet for the current football championship? It is important to first know how to calculate the odds for Serie A bets (the method is the same for all odds, however). The calculation is not complex. Basically, the product of all the quotas entered in the bill is made and then multiplied by the bet made.

The bonus offered by the bookmaker must be added to this value, if any. Also in this sense it is good to choose the best available, avoiding those with rapid changes in odds, also because we often talk about negative changes, that is to the detriment of the bettor.

Source: RSS DiariodelWeb.it Sport by www.diariodelweb.it.

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