When searching for the best sportsbooks odds around, it’s important to find yourself a comprehensive odds comparison site backed by industry experts filled with a range of betting opportunities.
Below, we look to boost your knowledge on how to find the best sportsbooks odds across the US. Our experts discuss the different odd formats, the most important reasons to compare sports betting odds, the differences between odds comparisons, live betting, and much more.
Most important reasons to compare odds – Finding the best betting odds
When new bettors join the sports betting world their first thought process is very rarely to check their odds against another top competitor. Let’s be honest – it’s normally, ‘how do we unlock the welcome bonus?!’
However, by making use of an odds comparison tool you can quickly determine where, what, and how to find the greatest profitability and probability from your wagers.
The best sports betting-sites odds comparisons can highlight everything you need to know about an upcoming fixture. It can present you with a new and exciting spot to place your wagers, it can help you unlock (yet another) tantalizing bonus, and it can highlight exactly where you can get the most bang for your buck.
TheGruelingTruth.com (TGT) odds comparison tool doesn’t just take the best odds, the best bonuses, and the best operators and compile a standard list. Our experts are also busy working behind the scenes, reviewing the expected value of each wager too – something we discuss in greater detail, further down our sports betting odds comparison review.
There is no rule that states bettors must continue to be loyal with their chosen sportsbook and if your current bookmaker isn’t providing sufficient odds by comparison, then we strongly advise reviewing the market, checking out our odds comparisons, and providing yourself with a brighter betting future. Please have a look at the current standings and the form curve of the teams before you place your bet.
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How do bookmakers determine their odds? – Facts and figures determine sports betting odds
Before reviewing how bookmakers come to determine their odds, we must understand that bookmakers are a business first and, although they look to provide a quality service to their customers, the goal of any sportsbook is to ensure they can make a profit regardless of the outcome.
First and most obviously, current statistics and form will have a huge influence on how bookies create their odds. With 90% of fixtures, US bettors will find an obvious winner and an underdog, and these decisions haven’t come to light by fluke. Instead, sportsbooks will have teams scouring the net looking to find out the latest breaking news, injury worries, current form, league position, and much more, in the hopes of compiling a well-rounded review of the
most likely
outcome.
Second, and less obvious to the average bettor, sportsbooks will set themselves a margin. The margin is implemented into every wager, subtracting the value from the predicted probability. For example, if an online sportsbook has opted for a margin of 10%, and the original probability for the Bengals to win was set at 200, this would then be reduced to 180.
Finally, sportsbooks may also look to alter their odds in the hopes of enticing bettors to wager using a riskier approach. Often, you will find sportsbooks provide great sports betting odds on parlays and accumulators.
A sports betting accumulator is a cross-sport/league wager, that is comprised of two or more parts. For example, an NFL moneyline accumulator may include the Patriots, Cowboys, Raiders, and Rams all to win. In comparison, a parlay refers to a bet comprised of two or more parts on one fixture. For example, a wager on the Steelers to win, Najee Harris to score the first TD, and Pittsburgh to score over 22.5 points.
Sports betting sites will be hopeful that bettors are encouraged to place these riskier wagers with enhanced betting odds as, to be successful, every leg of the wager must be successful. This means if the Cowboys, Raiders, and Rams win, but Patriots lose, the bettor will lose the whole bet.
Of course, the above relates heavily to futures bets and upcoming fixtures. When we consider live and in-play betting options, the odds available and the margin used by bookmakers tend to increase. Your chosen online sportsbook is now dealing directly with facts, figures, and in-play statistics; as opposed to having time to predict the outright probability. You like to bet on the winner? then please check out our high odds right here.
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Why do odds vary between bookmakers?
The best sportsbooks online are always searching for ways to entice new customers onto their platform. The most popular method is by offering sizable sign-up bonuses and lucrative high-reward jackpot games, but bookmakers will also look to enhance their odds, reduce their margin on certain fixtures, and provide betting boosts on multi-sport accumulators.
There is also another factor that causes variance between odds – overround. Now, overround can be a fairly difficult concept to grasp. However, to put it simply, overround is the combined total of price probability across your chosen fixture. All fixtures must tally to 100% probability, or as close to, depending on overround.
When viewing sports betting and odds comparisons, you will notice that when one set of odds shortens, another must lengthen. For example, after Christiano Ronaldo gets injured before Portugal’s match against the USA, Portugal’s odds lengthen, while USA’s shorten. The idea is to create a balance across all betting outcomes and for them to tally as close to 100% as possible.
Overround involves factoring in a profit margin on top of this 100% probability, also known as the vig. Some bookmakers will offer slightly worse odds than probability would dictate in order to create a larger margin. Thus, ensuring larger returns for the bookmaker in the long run.
Further down our sports betting odds comparison review, we discuss the benefits of the Expected Value (EV) betting and how you can better your chances of
beating the bookie, following some simple maths.
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Most popular odds formats explained – Understanding your sports betting odds
As with all aspects of sports betting, personal preference is key. When it comes to selecting your preferred odds format, most of the top online sportsbooks will provide bettors with the option to choose between decimal, fractional, and American.
Decimal odds explained
Decimal odds can also be referred to as European odds, Continental odds, or digital odds and are probably the easiest type of sports betting odds to understand.
The decimal odds number highlighted next to your chosen market indicates how much a bettor could win on a $1 wager. For example, those reviewing the latest
tennis betting odds
may see something similar to the below:
Seggerman 1.7 vs. Thompson 5.0
For any bettors who placed a successful wager on Seggerman, they would receive 1.7 x their original stake. However, if the underdog wins the match, bettors who backed Thompson would receive 5.0 x their original stake.
Fractional odds explained
Fractional odds have also been known to be referred to as British odds, UK odds, or traditional odds and are the favored choice amongst British bettors.
When looking at the latest
odds on UFC, you will come across something similar to:
Chimaev 2/5 vs. Jingliang 3/1
For any bettors who backed Chimaev, they will receive $2 back for every $5 they staked, plus their original stake. So, a $10 bet would result in $14, should Chimaev leave the octagon victorious. Any players who have backed Jingliang would receive $3 back for every $1, meaning a $10 bet would result in a $30 profit plus a $10 returned stake.
American Odds explained
American odds are also known as moneyline odds or US odds and, unsurprisingly, feature heavily across the American market.
The odds for favorites will be accompanied by a minus (-) and will present a figure needed to be wagered in order to win $100. While wagers on the underdogs will be highlighted by a positive (+), and showcase what could be won by staking $100.
Hopefully, this becomes a little clearer when we review an example taken from the latest
basketball betting odds
across the US:
76ers -400 vs. Kings +320
For any bettors who have placed a wager on the 76ers, they would need to place a $400 bet to win $100, plus their original stake. On the other hand, bettors who placed a wager on the Kings would make an additional $320 on a $100 stake, leaving them with $420 in their account.
How to calculate the expected value – Influencing your odds comparison
When we look at the Expected Value (EV), we are considering the margin of probability between our own sports betting expectations and our chosen online bookmakers.
A +EV bettor will meticulously search through the best sportsbooks around in search of the most favorable odds on a particular fixture. Generally, this will not be one of the most popular US markets, as the largest discrepancies tend to occur in lower league matches and across less wagered sports. However, that’s not to say you won’t find a steal when searching through our odds comparisons!
The idea is to then find the most favorable odds, boosted by any means, and place wagers on the largest discrepancies between what the sportsbook believes will happen and what you believe will happen. In its simplest form, a +EV bettor will not follow the crowd and wager on who they think will win. Instead, they will wager where they believe the best value is.
Yes, this means +EV bettors may not wager on the winner of a match if they have found greater value in a team losing a match. They may wager on an anytime touchdown scorer rather than a first touchdown scorer, and they may skip a fixture altogether if the odds are not favorable. Below you will find some of our best betting odds for the upcoming tournaments.
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The math behind EV
Now you understand what is meant by the term Expected Value, it is time to look closer at the math behind it.
If we take the positive example mentioned earlier in our sports betting odds comparison review (Kings +320), the calculation is as follows:
100 / (320+100)
100 / 420 = 23.8%
If we take the negative example mentioned earlier in our sports betting odds comparison review (76ers -400), the calculation is as follows:
-400 /(-400 +100)
-400/ -300 = 80%
Now, bettors are in a much better position to make a +EV bet by understanding the likelihood that the above results will happen compared to the probability proposed by their chosen sportsbook.
But 80% and 23.8% doesn’t make 100%?
Correct, this is because of something in the sports betting world called the
vig.
The vig is applied to nearly every single online wager you will come across, even a coin toss. By including the vig, sportsbooks are guaranteed to make money.
Why loyalty doesn’t always pay – Take advantage of the best betting odds today
On your quest to find the best sports betting odds around, you will need to have reviewed the
best betting sites for sports. Here, you will be able to spot which providers offer the best odds, alongside many other important components, such as the best customer support, usability, bonuses, markets, etc. However, once you’ve made your final selection the research shouldn’t stop there if you are keen to find the best sports betting odds week in week out.
Our odds comparison tool is a great way to find the best odds available today. While your chosen online sportsbook may, generally, provide odds in line with industry standards and great bonuses. They may fall short of the mark one particular weekend, when a top competitor is running a promotion, boosted odds, or offering new players a healthy betting bonus.
With this in mind, we would always recommend keeping your eyes peeled and regularly reviewing our odds comparisons to ensure you are receiving the best bang for your buck. Our experts compiled their research based on many statistical factors and their own deep knowledge of sports betting, before scouring the market and unlocking a wealth of fantastic odds based on their findings.
In the world of sports betting, it doesn’t always pay to be loyal – especially if you are on the hunt for the best sportsbook odds around. Taking advantage of an odds comparison tool may lead you to join two or three of the
best sports betting apps
across the US. However, if that’s what it takes to unlock more perks, better odds, and the potential for more profits, we think it’s worth it.
Other factors to consider when comparing odds – Giving your sports betting odds a boost
There are many tips and tricks that can be used within the sports betting world to help improve your search for the best betting odds around. While an odds comparison would always be our first choice, there are many other approaches that bettors can take to help discover the best sports betting odds. Below, we present our top three methods to help enhance your gameday odds.
Strategies
In order to give your sports betting odds a little boost, you may need to consider using some of the best sports betting strategies around. Often, online sportsbooks will provide boosted sports betting odds to players who look to place one-game parlays and accumulators. While this approach will certainly give your sports betting odds the desired boost, it will also drastically increase the risk. To profit from a parlay or accumulator, every leg of your wager must come in, meaning you are not just predicting one result, but several – good luck!
Bonuses
All of us will have opted into and looked to make use of a bonus at one point in our career. But did you know there are plenty of bonuses and promotions out there that are specifically designed to offer bettors a sports betting odds boost? Keep your eyes peeled for no deposit
betting offers sign up
bonuses, parlay insurances, and boosted accumulators, as these could all considerably affect your chosen fixture’s odds.
Research
A little bit of old-fashioned research can go a long way when it comes to sports betting odds. Although it may not boost them directly, it may sway you to pick an opponent with less favorable odds. By conducting some external research, you are taking the power away from the bookies. We would advise searching through form, rivalries, head-to-heads, current position, referees, and if any star players are missing or carrying injuries.
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Odds comparison vs. live betting – Sports betting odds explained
Planning your wagers in advance avoids stress, allows you time to consider your options, do a little research, and unlock the best sportsbook odds available to you. However, some of us are not always lucky enough to free up time before kick-off. Leaving us frantically trying to decipher which way a match-up is going to go by checking up on the live data and streams.
Depending on your chosen sport, it is unlikely for you to find a stabilizing period where odds are not rapidly moving according to match possession, outcome, and current scoreline or suspended due to some activity on the field. With this in mind, it may be advisable to wait until the end of the first quarter to find some of the
best football odds
in play, wait until the end of the round if you are betting on the boxing, or the next race if you are looking at NASCAR.
We at TGT regularly advise our readers to do their research, and in-play betting is no different. Although your time is restricted, please do not be encouraged to rush your selections and wager blindly. Most of the top online sportsbooks will still provide a great selection of in-play stats for you to review before placing your educated bets.
In an ideal world, you’ll plan your wagers beforehand – there really is no better assistant than a solid odds comparison tool. Odds remain static and are only affected by breaking news leading up to the match. You will have a chance to unlock a bonus that compliments your wager, and there’s no mad flapping trying to remember if D’Andre Swift is playing for the Lions tonight.
Of course, we will be happy to provide you with the latest and best professional betting tips and odds in the future. So you can always place your bets correctly. If you want to learn more about a match, just click on ” Go to analysis”.
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Conclusion – Making the most of our odds comparison
Now you’ve reached the end of our sports betting odds comparison guide; we hope you feel confident in how, where, and why to compare your pre-match odds.
Remember, it doesn’t always pay to be loyal, which is why a solid odds comparison tool can quickly become the most important tool to utilize on your sports betting journey. Not only will you find the best odds available to you today, but you’ll also find some top bonuses and great new operators along the way.
While selecting your preferred odds format makes things easier for you to understand your potential profit, it doesn’t directly improve your odds. For this, bettors will need to consider building parlays, looking for promotions, bonuses, or doing their own research and going against the favorite.
A little research can go a long way, but please remember that nothing is guaranteed in the world of online gambling. Be sure to set your deposit limits, research into strategies, and, as always, enjoy the process and make the most of odds comparisons, bonus comparisons, and other tips and tricks available at TheGruelingTruth.com.
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Searching for the best sports betting odds around can be a monotonous task. With so many online operators, bonuses, and markets to review, where do you begin? Thankfully, we at TGT are on hand to point you in the right direction. Our odds comparison tool offers our readers the chance to unlock the best odds across the best, legal, and licensed US online sportsbooks, all from one convenient hub. Looking for the best odds on money lines? Spreads? Over/under? You name it; we’ve got you covered. All you need to worry about is checking out the
online betting payment methods
and making your first deposit!
🌎 Who provides the best sportsbook odds across the US?
There are many attributes that contribute towards creating the perfect online platform, and many personal preferences that will dictate whether an online operator is the right choice for you. However, on our search for the best sportsbook across the US, we believe there is one thing we can all agree on – the need to find a site with the best sportsbook odds around. By visiting TGT and making your way to our odds comparison, you will put yourself in the best possible position to find some of the best sportsbooks around providing the best betting odds.
💸 Will the best betting odds make me the most money?
We at TGT aim to provide our readers with extensive reviews, guides, tips, and tricks to help them along their sports betting journeys. With this in mind, it is important to remind our readers that nothing is guaranteed within the world of sports betting. However, finding the best odds, courtesy of our odds comparisons, will certainly increase your potential returns. We would advise researching into the top bonuses across the US, as a top bonus coupled with favorable odds is the perfect recipe to improve your possible winnings.
❓ How do I find the best betting odds today?
If you’re looking to boost your sports betting odds, you will need to find a reliable odds comparison site. Thankfully, it looks as though you’ve just stumbled across one! Our team of experts is dedicated to providing the best sports betting odds across the US. We search high, low, and everything in between, compiling our research from a range of mediums before utilizing the best bonuses from the best operators and presenting our findings.
🌟 What is the purpose of an odds comparison?
We at TGT have created an online sports betting haven that is accessible and educational to bettors from every walk of life. Our dedicated team of researchers works tirelessly around the clock to provide our readers with reviews on the very best bonuses, the top sportsbooks across the US, tips, tricks, and strategies, as well as the best sports betting odds comparisons around. When taking advantage of our odds comparisons you won’t only find the best odds for today, but you also have the potential to discover your new favorite sportsbook.
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