High Odds Betting Sites

In general, a bookie is considered a high odds one if it frequently offers at least 96%+ payout on certain sports markets. Careful though, the fact that it has high odds on certain events does not mean that it will have them for all markets.

There is an implied probability behind every possible outcome of an event/market. Take, for example, the 1X2 market in football. There are three possible outcomes, with a possibility of around 33.33% for each one. However, the final result depends on the strengths & weaknesses of each team. Sports traders calculate the implied probability, adding a commission known as margin, vig or juice to ensure a profit for the bookmaker.

No, not all crypto-friendly brands are high odds betting sites. Be careful, and do not get fooled by possible attractive high-amount welcome bonuses. Sometimes, these new brands can offer odds quite below the industry standard.

It's a popular promotion that mainly applies to horse and greyhound racing. Do not confuse it with best odds betting sites, as they are two different things. Basically, you are paid on the highest odds of an event, even if you wager on an earlier lower price beforehand.

In general, odds of 96% and above are considered high enough. However, keep in mind that most bookies only offer such a payout in specific markets. In an ideal situation, you need to find a separate bookie for each of your favourite sports markets.