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Topic: Different odds for a same bet - page 2. (Read 360 times)

legendary
Activity: 2828
Merit: 3487
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November 15, 2019, 03:20:32 AM
#5
Hey guys, I think you don't understand OP's question and it's actually a really good one. I've noticed the same actually in many bookies that have huge selection of lines.

OP is asking why different odds are given for the same outcome at the same bookmaker.

For example, in his first example, all the outcomes are the same (no goals are scored!):

0-0: 9.40
under 0.5: 10.89
Exact goals=0: 10
which team to score=none: 11

And in his next example, Turkey 0 goals is the same as Iceland clean sheet:

Turkey exact goals=0: 4.50
Iceland Clean sheet: 4.40

I actually see a lot of this, but the odds differences aren't much. To see 0-0 at 9.40 and No team to score at 11... that's a HUGE difference.

But I think the explanation is simple. Odds are always updated by providers, and sometimes some bookies are a bit slower to react or to adjust.

For example, last night I took a bet on Luxembourg at 24/1 when odds suddenly dipped to 19/1 for most sites. Minutes after I took my bet, the bookie I used also dropped.
legendary
Activity: 2380
Merit: 5213
November 13, 2019, 12:48:32 PM
#4
These websites differ on what they believe the true odds of the event will be. Most websites rely on a central source for their odds, hence why almost all sites will have the same odds.
I am not comparing a website with another website. I am talking about the bets that haven't any difference with each other but have different odds.
For example Tomorrow will be a game between England and Montenegro. At the time I am making this post, the odds for Montenegro clean sheet is 13 while the odds for the case England scores zero goals is 23 at a same website.

Maybe because those websites has different odds provider.
Or maybe there's some error at your end?  Like problem on your internet connection, have you tried to refresh the page if that is still the odds?
I am also surprised since most of the betting website I saw has different odds, especially in sportsbet.
No, there isn't any problem with my internet connection.
I checked the odds some minutes later too. There wasn't any change in them.
Different odds in different websites is normal, But I wonder why a website has different odds for bets that are exactly same as each other. There is same thing for all games.
legendary
Activity: 2282
Merit: 1344
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November 12, 2019, 06:56:43 PM
#3
Maybe because those websites has different odds provider.
Or maybe there's some error at your end?  Like problem on your internet connection, have you tried to refresh the page if that is still the odds?
I am also surprised since most of the betting website I saw has different odds, especially in sportsbet.
legendary
Activity: 2030
Merit: 1189
November 12, 2019, 06:22:15 PM
#2
These websites differ on what they believe the true odds of the event will be. Most websites rely on a central source for their odds, hence why almost all sites will have the same odds.

However, when these odds are thought to be too low or high, they can be manually edited by the platform to make them closer to what they should be.

When you see a huge spread in the odds, it is possible to make guaranteed money. You should look into this, it's called betting arbitrage, it's quite similar to matched betting.
legendary
Activity: 2380
Merit: 5213
November 12, 2019, 03:39:03 PM
#1
I am not comparing sport betting odds between two gambling websites. I am comparing the odds between two selections that are exactly same as each other in one website.
Here is an example from Turkey vs Iceland match which be held on November 14. (Odds are taken from sportsbet.io)

0-0: 9.40
under 0.5: 10.89
Exact goals=0: 10
which team to score=none: 11

Turkey exact goals=0: 4.50
Iceland Clean sheet: 4.40

Iceland exact goals=0: 2.24
Turkey clean sheet: 2.33

Any team to win=No: 3.50
Draw: 3.70

Turkey to win=No: 2.03
Double chance=Draw or Iceland=1.95

Why the odds are different for selections that are completely same as each other?
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