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Sports Betting at Playzilla: Odds, Markets and Live Wagers

What Doesn't Count for Both Teams to Score?

The 'Both Teams to Score' bet, for instance, when offered at 1.75 for 'Yes' with a 10.00 EUR stake, yields a 17.50 EUR payout. This bet is evaluated based on whether both participants in a match register at least one goal, irrespective of the final score.
However, this market does not consider scenarios where only one team scores, such as a 3-0 victory. For example, a 2-1 scoreline would result in a win, but a 3-0 result would lead to a loss for the 'Yes' bet.
For football matches, the margin on the 'Both Teams to Score' market typically ranges from 5 % to 8 %. This percentage is a component of the operator's edge, affecting the potential returns for bettors.
odds, markets and Live betting
odds, markets and Live betting

3/2 payout ratio misunderstood as 1.50

A British odds format of 3/2, for example, signifies a payout ratio where 1.50 EUR is won for every 1.00 EUR staked. This format exclusively displays the profit, not the total return.
When converted to decimal odds, which include the stake, 3/2 equates to 2.50. Therefore, a 10.00 EUR stake at 3/2 would result in a 25.00 EUR payout, comprising the original stake plus 15.00 EUR in winnings.
The implied probability for odds of 3/2 is 40%, calculated as 1 divided by 2.50. This contrasts with a misunderstanding where 3/2 might be incorrectly interpreted as a 1.50 decimal odd, yielding only 15.00 EUR on a 10.00 EUR stake.

Live margin is 1–3 percentage points higher

Live betting margins for Tischtennis (Table Tennis) can frequently exceed 10 %, whereas pre-match markets generally fall between 6 % and 10 %. This indicates a higher operator margin once the event has commenced.
Similarly, Eishockey (Ice Hockey) markets, particularly period bets, can exhibit margins of 7 % to 10 %, compared to the main market margin of 4 % to 7 %. This uplift applies to various live betting scenarios.
The increased margin for live betting typically ranges from 1 to 3 percentage points higher than pre-match odds. This accounts for the dynamic nature of live events and the reduced time for bettors to place wagers.

Which Sport Has the Lowest Margin?

Formula 1 offers some of the lowest margins, particularly in driver duels, where the bookmaker's edge is between 3 % and 5 %. This can provide more favourable betting opportunities for these specific markets.
Basketball also presents competitive margins, with handicaps and totals markets ranging from 3 % to 5 %. The Moneyline, or outright winner market, typically shows slightly higher margins, from 4 % to 6 %.
In contrast, markets such as Volleyball and Cricket can have margins of 5 % to 8 % in their main markets, with player bets in Cricket reaching up to 8 % to 12 %, indicating a generally higher operator advantage.

Implied probability: 1 divided by 2.50

Decimal odds, such as 2.50 for Team A to win, represent the total payout including the stake. To calculate the implied probability, one divides 1 by the decimal odd: 1 ÷ 2.50 equals 0.40, or 40 %.
This 40 % implied probability signifies the bookmaker's assessment of Team A's chances of winning. A favoured team might be listed at 1.67, corresponding to an implied probability of approximately 60 % (1 ÷ 1.67).
The difference between the sum of implied probabilities for all outcomes and 100 % represents the bookmaker's margin. For instance, if Team A is 2.50 and Team B is 3.00, and a draw is 3.50, the total implied probability is higher than 100 %.
Sports, markets and margins in the betting offer
SportMarkets per MatchMarginLive BettingHighlight
Cricket80–150 Märkte pro Match, weniger bei T20-Ligen zweiter Reihe5–9 % im Siegermarkt, 8–12 % bei SpielerwettenjaMarge hängt stark vom Format ab
Volleyball40–80 Märkte pro Match der Top-Ligen5–8 % im Siegermarkt, 8–11 % bei SatzergebnissenjaSatzwetten und Punkte-Totals dominieren
Rugby60–120 Märkte pro Spiel der großen Ligen5–8 % im Hauptmarkt, 8–11 % bei VersuchsschützenjaHandicap wichtiger als reine Siegwette
E-Sport (CS2, Dota 2, LoL)40–120 Märkte pro Match bei großen Turnieren, 10–25 bei kleinen Events4–7 % bei CS2-Top-Turnieren, 6–10 % bei Dota 2 und NebenmärktenjaMap-Handicaps und Runden-Totals zentral
Basketball150–250 Märkte pro NBA-Spiel, inklusive Spielerwetten3–5 % bei Handicap und Über/Unter, 4–6 % MoneylinejaHandicap und Totals statt Siegwette
Tennis120–200 Märkte bei ATP/WTA-Matches, 30–60 bei Challenger-Turnieren3–6 % im Siegermarkt, 6–8 % bei Satz- und SpielwettenjaZwei-Weg-Markt ohne Unentschieden
Formel 160–120 Märkte pro Rennwochenende inklusive Qualifying3–5 % bei Fahrer-Duellen, 12–20 % bei Outrights auf den RennsiegerjaDuelle günstiger als Langzeitwetten
MMA30–60 Märkte pro Kampf, je nach Kartenposition5–8 % im Siegermarkt, 8–12 % bei SiegmethodejaSiegmethode und Rundenwetten sehr beliebt
Eishockey80–150 Märkte pro NHL- oder DEL-Spiel4–7 % im Hauptmarkt, 7–10 % bei Perioden-WettenjaDrei-Weg-Markt nur in regulärer Spielzeit

Boxing Matches: 25 to 50 Markets Per Fight

Boxing matches at Playzilla typically offer between 25 and 50 distinct betting markets per fight. This range allows for diverse wagering on various outcomes beyond just the winner. For instance, punters might find markets for specific rounds or method of victory.
The margin on outright winner bets for boxing typically falls between 5% and 8%. However, for more granular bets, such as those on specific rounds, the margin can increase to between 9% and 13%. This highlights how deeper dives into fight specifics can impact the house edge.
A punter betting on a fight with a 7% margin on a 100 EUR stake would have 93 EUR returned on average. If the margin rises to 12% on a different market within the same fight, the expected return on a 100 EUR stake drops to 88 EUR.

What margin is in round bets?

Round bets in boxing matches often carry a higher margin compared to standard win markets. Specifically, these markets can see margins ranging from 9% to 13%. This increase reflects the greater specificity and complexity of predicting outcomes within individual rounds.
For example, a round bet with a 10% margin on a 50 EUR stake would see an average return of 45 EUR. This is a notable difference from a win market with a 6% margin on the same stake, which would return an average of 47 EUR.
This elevated margin on round bets is a key factor for bettors to consider when selecting their wagering options. It means that, on average, a larger portion of the stake is retained by the bookmaker compared to more straightforward betting options.

Goal scorer bet: anytime, first, or last goal

While specific goal scorer bet types like anytime, first, or last goal are not detailed in the provided data, football matches do offer extensive market coverage. Top football games can feature over 200 markets, with smaller leagues typically providing between 60 to 100 markets.
The margin for general football markets varies, with pre-match 1X2 bets showing margins between 4% and 7%, and live betting margins increasing to between 6% and 9%. These figures provide a general indication of the bookmaker's edge on football wagers.
If a goal scorer bet were available, its margin would likely fall within the higher end of football betting ranges, potentially aligning with the 8-12% seen in player bets for sports like Cricket. This is an assumption based on market complexity.

Distribute 10.00 EUR Stake on Three Doubles

Distributing a 10.00 EUR stake across three doubles in a system bet means each double receives an equal portion of the total stake. For a 2-out-of-3 system bet with a 10.00 EUR total stake, each of the three possible doubles would receive approximately 3.33 EUR.
If two out of the three selections are correct, only one of the doubles will win. For instance, with three selections at odds of 2.00 each, a winning double combination would result in a payout of 3.33 EUR multiplied by 4.00 (2.00 x 2.00), equaling 13.33 EUR.
This payout of 13.33 EUR from a 10.00 EUR stake demonstrates the potential for returns even with an incomplete set of winning selections in a system bet. The net profit in this scenario would be 3.33 EUR.

How Many Markets Does a Top Football Game Have?

Top football games at Playzilla can feature a substantial number of betting markets, exceeding 200 distinct options. This extensive offering caters to a wide range of betting preferences for major fixtures.
In contrast, smaller football leagues typically offer a more limited selection of markets, ranging from 60 to 100 per game. The pre-match margin on the common 1X2 market in these top games is generally between 4% and 7%.
Live betting margins for football can be higher, often ranging from 6% to 9%. This means that for a 100 EUR stake placed on a live football bet with a 7% margin, the average return would be 93 EUR.

What distinguishes European from Asian Handicap?

European Handicap involves a virtual advantage or disadvantage applied to a team, with handicaps often being whole numbers. For instance, a -1 European Handicap means the team must win by at least two goals for the bet to succeed; a one-goal win results in a push. This market is less common in football compared to Asian Handicaps.
Asian Handicap, in contrast, uses fractional or half-goal handicaps, effectively eliminating the draw option from the equation. Markets like AH -0.25, for example, split the stake between AH 0 and AH -0.5, offering a partial refund in certain outcomes. This offers more nuanced betting possibilities, particularly in football matches.
The distinction lies in how the draw is handled and the precision of the handicaps offered. Asian Handicaps, with their quarter and half-goal adjustments, provide a more sophisticated way to bet on outcomes, reducing the chance of a total loss compared to some European Handicap scenarios. This is visible in markets like football, where exact scorelines are crucial.

10.00 EUR stake: three bet types compared

A 10.00 EUR stake on a Combiewette with odds of 1.50, 2.00, and 2.50 results in a total odd of 7.50, yielding a potential payout of 75.00 EUR. However, a single incorrect prediction means the entire stake is lost. This highlights the high risk, high reward nature of accumulator bets.
With an Asian Handicap of -0.25 at odds of 1.90, a 10.00 EUR stake is split into two 5.00 EUR bets: one on AH 0 and another on AH -0.5. A win returns 9.50 EUR (5.00 EUR x 1.90), while a draw results in a 5.00 EUR refund. This structure offers a form of risk management.
For a Halbzeit/Endstand bet with odds of 2.40 and a 10.00 EUR stake, the payout amounts to 24.00 EUR. This bet type focuses on predicting both the score at halftime and the final result, presenting nine possible outcomes. Less common outcomes, such as away team leading at halftime and home team winning, can offer significantly higher odds.

Pre-Match 4-7% vs Live 6-9%

Pre-match odds for football's 1X2 market typically range from 4% to 7%, indicating the bookmaker's margin. This means that for every 100 EUR wagered on these markets before the game starts, approximately 4 to 7 EUR is the expected profit for the bookmaker. Lower margins generally favor the bettor.
In contrast, live betting margins for football can increase to between 6% and 9%. This higher margin is often attributed to the dynamic nature of live markets and the increased risk for the bookmaker. Bettors may find slightly less value when betting in-play compared to pre-match odds.
This difference in margins, from 4-7% pre-match to 6-9% live, means that the potential return on investment for bettors can be lower when placing bets during the event. For example, a 100 EUR bet at 5% pre-match margin implies a 95 EUR potential return, while at 8% live margin, it drops to 92 EUR.

Which markets dominate in E-sports?

For E-sports like CS2, Dota 2, and LoL, a significant number of markets are available per match, ranging from 40 to 120 for major tournaments. This extensive offering allows for a wide array of betting possibilities beyond just the match winner.
Map handicaps and round totals are central to E-sports betting, offering players specialized betting options. For instance, betting on the total number of rounds played in a CS2 match or a specific map handicap in Dota 2 are popular choices. These markets provide more granular betting opportunities.
The margins in E-sports betting can vary, with CS2 top tournaments showing 4-7% and Dota 2 alongside secondary markets at 6-10%. This range reflects the complexity and popularity of different E-sports titles and specific betting propositions within them.

What does 4/6 mean as decimal odds?

Decimal odds of 4/6, commonly expressed as 1.667 in decimal format, represent a potential payout for a winning bet. For example, a 10.00 EUR stake at odds of 1.667 would yield a return of 16.67 EUR, including the original stake.
This format is a conversion from fractional odds (4/6) to decimal odds. The calculation is performed by dividing the numerator by the denominator and adding 1 (4 ÷ 6 + 1 = 1.667). The figure 1.667 indicates that for every 1 EUR wagered, a profit of 0.667 EUR is possible.
The term 'odds' itself refers to the ratio of the amount won to the stake. In the context of 4/6 decimal odds, it signifies a favored outcome, where the potential profit is less than the stake, but the probability of winning is considered higher compared to odds significantly above 2.00.

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