trophy

BOOKMAKER OF THE MONTH

Evens betting – 5 well hidden secrets of EVS bets

evs bettingSurely the most basic roulette bet type you can think of is the old red or black. The rule is simple. You bet one chip and if you guess right, you get your chip back and earn one more. Plainly talking, this style of play lets you double your stake after every win.

Now you might be wondering, precisely what does EVS mean in betting? It’s exactly the same thing! Betting only on odds reaching 2.00 or even higher and trying to at least double your stake. Evens betting (encoded as 1/1 at British-style odds, 2.00 at European-style odds, or EVS) is becoming really popular among professional punters, as they are generally considered the most convenient odds.

Evens betting is described as an ideal situation for punters who like placing wagers on single bets and follow a specific money management strategy to increase their bankroll. Finding matches at “evens” odds is not as simple as a “red-black” bet in the casino, but it can become a profitable way of placing bets. All you need to do understand the basics of odds calculation and see if the tips below can help you.

Understanding evens betting odds

A simple maths talk first. Regardless if you like to place bets on evens odds or not, you have to learn how to calculate the odds ratio. What’s the odds ratio? It’s not necessary to study statistics, not even memorize the official definition of the term.

All you have to keep in mind is the following: The odds ratio describes the difference between the odds probability and the actual probability. For example, if a basketball team is given over 2.00 odds to win a match, this means that the bookmaker estimates that they have less than 50% possibility to earn victory. If, according to your analysis, this team has more than 50% possibility of winning, the odds have value and are worthy to place bet on. If not, you’re going to place an invaluable bet, something you’re strongly recommended not to do.

Another term you could have in mind is the bookmaker vig, the (small) percentage of every bet the bookie keeps for himself. In ideal conditions, without a vig, a basketball match between two equivalent teams would be offered at 2.00 odds each. You cannot find this, though, except on some commission free odds, that are offered sporadically as a bookmaker bonus.

When the vig is embedded into the odds, they get somewhat shortened,  let’s say to 1.90-1.90. These odds describe a match where the teams have a 50% possibility of winning. Finding EVS odds means that you’re actually betting on the slight underdog of the tie, as the favorite odds drop to 1.80 to counterpoise. The bookie's odds are not in your favor, but the difference is small and in most cases it’s worthy the try.

Benefits of evens betting

  1. Increased winning chances: It’s simple math, isn’t it? Betting on evens or more, means that you need 50% winning percentage or perhaps slightly less to be profitable. The higher the odds, the lower the required hit ratio you need to increase your bankroll. This is very important in long-term betting.

  2. Utilize betting systems: When you apply a money management system, such as those firstly used in roulette, you have to take the odds into account. The most popular ones, like Martingale and Labouchere, need to be staked at 2.00 odds at least, in order to be profitable. According to the evs betting strategy you should exclude all bets under 2.00 odds.

  3. Cover your live bets: When you bet on odds higher than evens, it becomes easier for you to cover your bets during live betting, if you’ re uncertain your bet will be confirmed in the end. Suppose you’ve bet for a team to win at 2.50 odds. You can “sacrifice” your extra 0.50 and cash out when the price offered by the bookie reaches up to double of your earnings.

  4. Arbing on 2 way markets: Arbing, or gambling grinding as it is often described, is a long and slightly different chapter in betting. One of its main rules includes backing your initial bet at evens odds or better. This offers you a far better chance of making a surebet. Supposed you’ve placed a bet on a tennis player to win at 2.20 odds and staked €95. If you find his opponent at 2.00 odds, you could easily stake €105 and get a nearly 5% profit regardless of the result. The essence of arbitrage betting is finding confronting odds before the start of the match, however, a surebet opportunity can easily show up in live betting too.

  5. Sharbing: This is another way of arbing, when you place one stake of a 2-way bet on an online bookmaker and the other at a bookmaker's shop. It’s actually easier to sharb than arb, because betting shops in most cases change their odds later compared to online bookies and generally have higher if no limits at all.

Ideal bookies for evens betting

Bookmakers Rating Why to Bet Why to Bet Bookmakers Bonus  
22bet 22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
100% up to €122
Code:
Bet Now
1xBet 1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • Code:BOOKSPY
100% up to €130
Code: BOOKSPY
Bet Now
Stake.com Stake.com
  • 95% overall live betting payout
  • 500,000 pre-match events/year
  • 100+ extra bets on top footy events
  • 95% overall live betting payout
  • 500,000 pre-match events/year
  • 100+ extra bets on top footy events
200% up to $1000
Code:
Bet Now
Rabona Rabona
  • 20.000+ live events per month
  • 95%+ on Top 5 leagues and NBA
  • Alternative handicaps on basketball
  • 20.000+ live events per month
  • 95%+ on Top 5 leagues and NBA
  • Alternative handicaps on basketball
100% up to €100
Code:
Bet Now
888sport 888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • Code:30FB
€30 Free Bets
Code: 30FB
Bet Now
Zodiacbet Zodiacbet
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • Code:ZB100S
100% up to €100
Code: ZB100S
Bet Now
20Bet 20Bet
  • More than 1,000 live events/day
  • 150+ markets in football
  • 40,000+ events/month
  • More than 1,000 live events/day
  • 150+ markets in football
  • 40,000+ events/month
100% up to €100
Code:
Bet Now
Librabet Librabet
  • High odds on football
  • Huge variety of betting markets
  • Intriguing welcome bonus
  • High odds on football
  • Huge variety of betting markets
  • Intriguing welcome bonus
150% up to €150
Code:
Bet Now
Bwin Bwin
  • 50+ sports
  • Cards & Corners
  • Edit my bet
  • 50+ sports
  • Cards & Corners
  • Edit my bet
High Odds
Code:
Bet Now
Rolletto Rolletto
  • 95%+ on tennis
  • Alternative spreads on basketball
  • Asian View
  • 95%+ on tennis
  • Alternative spreads on basketball
  • Asian View
120% up to €240
Code:
Bet Now
Bookmakers Rating Why to Bet Why to Bet Bookmakers Bonus  
22bet 22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
100% up to €122
Code:
Bet Now
1xBet 1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • Code:BOOKSPY
100% up to €130
Code: BOOKSPY
Bet Now
Stake.com Stake.com
  • 95% overall live betting payout
  • 500,000 pre-match events/year
  • 100+ extra bets on top footy events
  • 95% overall live betting payout
  • 500,000 pre-match events/year
  • 100+ extra bets on top footy events
200% up to $1000
Code:
Bet Now
Rabona Rabona
  • 20.000+ live events per month
  • 95%+ on Top 5 leagues and NBA
  • Alternative handicaps on basketball
  • 20.000+ live events per month
  • 95%+ on Top 5 leagues and NBA
  • Alternative handicaps on basketball
100% up to €100
Code:
Bet Now
888sport 888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • Code:30FB
€30 Free Bets
Code: 30FB
Bet Now
Zodiacbet Zodiacbet
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • Code:ZB100S
100% up to €100
Code: ZB100S
Bet Now
20Bet 20Bet
  • More than 1,000 live events/day
  • 150+ markets in football
  • 40,000+ events/month
  • More than 1,000 live events/day
  • 150+ markets in football
  • 40,000+ events/month
100% up to €100
Code:
Bet Now
Librabet Librabet
  • High odds on football
  • Huge variety of betting markets
  • Intriguing welcome bonus
  • High odds on football
  • Huge variety of betting markets
  • Intriguing welcome bonus
150% up to €150
Code:
Bet Now
Bwin Bwin
  • 50+ sports
  • Cards & Corners
  • Edit my bet
  • 50+ sports
  • Cards & Corners
  • Edit my bet
High Odds
Code:
Bet Now
Rolletto Rolletto
  • 95%+ on tennis
  • Alternative spreads on basketball
  • Asian View
  • 95%+ on tennis
  • Alternative spreads on basketball
  • Asian View
120% up to €240
Code:
Bet Now

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY

There are about ten different ways to describe vigorish and twice as many to define it: English bookies prefer to cut the word down to “vig”. American...

Read more »

Value betting is one of the most common terms punters use when they discuss long-term profit strategies in sports betting. The procedure of finding th...

Read more »

Although the “Fibonacci sequence” may at first seem a bit intimidating, or even completely irrelevant to gambling, it has been successfull...

Read more »

When looking for betting tips online or in print, you may have come across a horse racing point system before. You need to be familiar with what is a ...

Read more »

One of the most important aspects in making a profit and generally being successful in sports betting, is to have at least some basic money management...

Read more »

Partial Cash Out is a betting service that allows users to make some early profit. Players can Cash Out a portion of the starting bet, retaining the r...

Read more »

How many times have you placed a live bet on a match without watching it? If you’re a frequent in-play bettor this situation will surely appear natura...

Read more »

Harness racing has been around for thousands of years. It exists till today, and is very different from regular horse racing. Once you know what a har...

Read more »

Tote betting became popular around 1928. This type of betting was initially offered by a company called “The Tote” before Betfair bought i...

Read more »

The Martingale betting system is considered one of the most popular systems, mainly due to its unrivaled simplicity. It’s suitable for a vast nu...

Read more »

LIST OF TOP BOOKMAKERS
22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
100% up to €122
1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • Code:BOOKSPY
100% up to €130
Stake.com
  • 95% overall live betting payout
  • 500,000 pre-match events/year
  • 100+ extra bets on top footy events
200% up to $1000
Rabona
  • 20.000+ live events per month
  • 95%+ on Top 5 leagues and NBA
  • Alternative handicaps on basketball
100% up to €100
888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • Code:30FB
€30 Free Bets
Zodiacbet
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • Code:ZB100S
100% up to €100
20Bet
  • More than 1,000 live events/day
  • 150+ markets in football
  • 40,000+ events/month
100% up to €100
Librabet
  • High odds on football
  • Huge variety of betting markets
  • Intriguing welcome bonus
150% up to €150
Bwin
  • 50+ sports
  • Cards & Corners
  • Edit my bet
High Odds
Bet365
  • Ideal for football lovers
  • 150+ extra bets on top leagues
  • Multiple Asian handicap markets
€25 Bet Credits
Rolletto
  • 95%+ on tennis
  • Alternative spreads on basketball
  • Asian View
120% up to €240
Mystake
  • Few country restrictions
  • 1,000+ pre match events daily
  • 400+ football markets
100% up to $500
Unibet
  • 250.000+ pre-match events/year
  • 10.000+ live events monthly
  • 96%+ on Asian Handicaps
100% up to €50
FEZbet
  • Cashout
  • Next Minute bets
  • Fast Markets
150% up to €100
Unikrn Sports
  • 1,000+ events daily
  • More than 25 sports
  • 7+ languages
200% up to $200
LATEST BOOKMAKER PROMOTIONS