trophy

BOOKMAKER OF THE MONTH

How to analyze odds comparison websites

What’s the main reason for visiting an odds comparison website? The obvious answer is to simply observe which online bookmaker offers the best odds on a bet you’re about to place. But you shouldn’t use the odds comparison only to choose a suitable bookmaker. In fact, an odds comparison website should be one of your main visits before placing a bet, even if you have an account on a single online bookmaker and you don’t intent to sign up on a different one.

The offered odds and their comparison don’t function only as a matter of competition among the online bookmakers. They could give you accurate and concentrated information about the match and the global bookmaker’s view for the bet in question. This information can prove to be extremely valuable, guiding you to more winning decisions, as long as you know how to decode them.

The decoding procedure is not as easy as the odds comparison sites try to display. Many of them push you to use various tools, such as the odds average or the highest odds by bookmaker, supposedly to help you make the right decision. But these tools are utterly useless, if not misleading, when you like to conclude what’s going on on the match you're checking. Unfortunately, analyzing odds is not as simple as just glancing at the highest odds or the trending moves by the bookmakers and picking the decreasing odds.

If you’d like to deal with odds comparison to get additional information about a bet, you need to follow the 5+1 steps listed below. Before you do it, you need to keep in mind that during the last couple of years the odds differences are minimizing and seldom exceed 0.15 (Decimal Odds) especially in matches where the favorite’s odds are offered below evens (2.00). You’ll find some differences that seem significant in outsider’s odds, but this doesn’t mean you’ll have to focus only on upsets to get advantage of this.

Top 3 betting websites 

22bet
7.8/10
7.8/10

Players Rating: (11 Rates) 7.3

8.3/10

Players Rating: (17 Rates) 6.8

1xBet
100% up to €130
Exclusive Code: BOOKSPY
BOOKSPY
exclusive
VISA
Mastercard
Bitcoin
Add Exclusive Promo Code: BOOKSPY. Get €130 or 30% Extra Bonus in local currency.
Sportaza
100% up to $100
Exclusive Code: BOOKMAKERSBET
BOOKMAKERSBET
exclusive
VISA
Mastercard
Paysafecard
22bet
7.8/10
7.8/10

Players Rating: (11 Rates) 7.3

8.3/10

Players Rating: (17 Rates) 6.8

1xBet
100% up to €130
Exclusive Code: BOOKSPY
BOOKSPY
exclusive
VISA
Mastercard
Bitcoin
Add Exclusive Promo Code: BOOKSPY. Get €130 or 30% Extra Bonus in local currency.
Sportaza
100% up to $100
Exclusive Code: BOOKMAKERSBET
BOOKMAKERSBET
exclusive
VISA
Mastercard
Paysafecard

  1. Writing off the rake

Visa bookmakersIt goes without mentioning that every online bookmaker keeps a different percentage of your stake for himself, the so-called rake. Some bookies’ rake is as slim as 1-2%, on the contrary some government-held betting shops go as high as 15-17%. To better understand a bookie's real opinion about a match you have to subtract the rake percentage from the odds and then compare them in an equal basis. If you do this, you’ll notice a completely different look to what you see in a normal odds comparison website.

  1. Not counting the betting exchange

This is an obvious option. Betting exchange odds could distort the average and should be taken off before you count the bookie’s view about a bet. Not only because their commission percentage is nonexistent (they get some 5% from the winnings, but don’t incorporate the commission in starting odds), but also because the betting exchange is basically a platform, where two or more bettors are matching bets, and not a bookmaker offering specific odds. If the amount of money matched on one bet is small, the odds could be far more different than those on other online bookmakers.

  1. Observing bookmakers' habits

Betting Sites use PayPalIn general, online bookmakers have nearly the same attitude on almost any match. In a global market where things change with every passing moment, it’s really hard for a bookie to form a different policy than the others. Still, there are bookies that traditionally offer better odds on favorites and others, who shorten favorite’s odds to offer higher prices on outsiders. Some others count on special bets odds, on minor leagues odds or on live betting odds.

  1. Isolating national betting shops

Apart from international bookmakers, the various odds comparison websites include odds from national lottery companies, some of which are not available to other countries. These “national” bookmakers could be useful to your research, as their compilers have accurate information about the national league matches, making their “odds cutting” procedure more effective than other leagues. You should isolate the national bookmaker’s odds when you’d like to bet a match from a specific league and give them an additional point if the odds are somewhat different than the global bookmaker’s websites.

  1. Counting your own average

This is a somewhat uncomfortable option, as it demands some additional work from you. Instead of just looking at the average odds on odds comparison websites, you’re advised to choose a bookmaker from the list (usually the most popular ones) and make your own average. The reason is simple: Every odds comparison website is comparing in most cases about 60 to 80 different bookmakers. But some (if not many) of these bookmakers are in fact mirror websites, following the odds changes according to big bookie’s view. Containing a lot of these bookmakers, the average could garble too much, so the bookie’s opinion about the match could be blurred.

Additional tip (5+1): This is for punters who are paying attention to the slightest details in their bid to go pro. You have to identify every bookmaker’s attitude about every league. We should mention that odds are not the same in every match, and there are some bookmakers who have traditionally better understanding than others in specific leagues, based on their starting odds. With systematic observation you’ll notice a lot of things about how a bookie treats the various leagues and when you’d like to bet on a specific match.

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

If we are going to be completely honest with ourselves, we have to confess that many times we do not bother with reading some really important details...

Read more »

Corner betting tends to be one of the most misunderstood betting markets. For the vast majority of punters the number of corners is not so stable to p...

Read more »

One of the most crucial parts of online betting is recognizing what the odds represent. Bookies set prices depending on the possibility of an event ha...

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 »

The Patent Bet is a Full Cover Bet that includes three Singles, three Doubles, and a Treble for a total of seven bets. If your starting stake per bet ...

Read more »

Before we get started, we have to share a universal truth. Betting is hard. You have to invest a lot of time researching every single bet you place an...

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 »

The next French election is a race for two horses. Emmanuel Macron and Marine Le Pen are the two primal candidates for the next president “throne” whi...

Read more »

The Heinz Bet, also known as a Heinz 57, is a Full Cover System Bet based on 57 winning combinations from six different selections into one single wag...

Read more »

You’ve probably heard the phrase laying horses in relation to racing before, but what is a lay bet? We will tell you all about what goes into a laying...

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
Sportaza
  • Few country restrictions
  • 35+ sports
  • High odds on secondary bets
  • Code:BOOKMAKERSBET
100% up to $100
20Bet
  • More than 1,000 live events/day
  • 150+ markets in football
  • 40,000+ events/month
100% up to €100
CyberBet
  • More than 15 sports
  • Alternative handicaps in basketball
  • 30+ live tennis markets
  • Code:BOOKMAKERSBET
100% up to $250
Anonymbet
  • Few country restrictions
  • 30+ sports
  • Asian Handicaps
  • Code:bookmakers
120% up to $100
Rabona
  • 20.000+ live events per month
  • 95%+ on Top 5 leagues and NBA
  • Alternative handicaps on basketball
150% up to €150
Zodiacbet
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • Code:ZB100S
100% up to €100
LeoVegas Sports
  • High average payout of 95% +
  • Best odds guaranteed on UK & Irish horse races
  • Live streaming feature
High Odds
Mr Sloty Sports
  • Few country restrictions
  • 30+ sports
  • Multiview Feature
  • Code:WSPORT501
50% up to $100
Royal Oak Sports
  • Few country restrictions
  • 30+ sports
  • Asian Handicaps
  • Code:WELCOMESPORTS
100% up to $100
Mystake
  • Few country restrictions
  • 1,000+ pre match events daily
  • 400+ football markets
100% up to $500
Wallacebet
  • Few country restrictions
  • 30+ sports
  • Card & Corner Bets
  • Code:BMSB180WB
100% up to €180
Librabet
  • 35+ sports
  • Cards & Corners
  • 20+ Payment Options
100% up to €250
Leonbets
  • Few country restrictions
  • 15+ years of experience
  • Fast Markets
VIP Rewards
LATEST BOOKMAKER PROMOTIONS