Football betting has been traditionally one of the most popular online betting products around the world. It’s famous for some reasons. In nutshell, football betting shares quite some similarities with investing in stock market, especially the bid-ask spread. In the world of online sports betting, the bid-ask spread is labelled as betting odds, which marks as the spread between home and away. Let’s take a in-depth look at the football betting odds:
1. What is the Best Football Betting Odd?
The narrower the spread, the better is the betting odd. Online sports betting players have been seeking for the best football betting odds over the available online sports betting platform everywhere. The better the betting odds, the more profit one would generate if he wins. This would result in cost saving, therefore increasing the profit margin of a player.
2. Football Betting versus Stock Market Investing
Usually, stock market traders are always on the lookout for the smallest bid-ask spread for trading purpose as this would help increase cost efficiency significantly, especially when they are talking about billions of trading funds on a daily basis. Similarly, some of the trading strategies such as arbitrage, are also being undertaken in online football betting. Online sportbook makers such as MaxBet Malaysia, SBOBet, GVBet, IBCBet, etc. they are all undertaking arbitrage strategy to generate risk-free profits from the betting odds.
3. Abnormal Drop in Betting Odds
Sometimes, the fluctuation in betting odds would tell you a story. There are quite a lot of abnormal tickets based on betting tips provided by syndicates in the market. The way that sportbook makers detect an abnormal ticket is by observing the betting odds after the ticket has been placed. By comparing betting odds with other platform’s betting odds on the same football match, if there is significant drop in the betting odds after the player has placed his bet, the ticket could be potential abnormal ticket or they call it “Ghost Ticket” in Malaysia. If such situation repeats over and over again, the online sportbook maker would take action to suspend the player account.
4. Which Sports Betting Platform Offer the Best Online Football Betting Odds?
We have also been exploring on the best football betting odds in the market. Based on our past observation, in Malaysia itself, MaxBet Malaysia is the one that offers the best online football betting odds amongst others. It gives Group A betting odds for its every single football betting player, thus all players would be able to enjoy the smaller spread while placing their bet. Moreover, with the MaxBet Malaysia’s free online live sports streaming services, players can watch live football games while monitoring the fluctuation in betting odds, hence enhancing the entire betting process.