Betting Odds Changes
- The adjustments and odds changes will continue up until action on the fight ends. The sportsbooks won’t be able to get things perfect, but they do their best to get things as close as possible. They’ll do the same thing with spread bets, but instead of changing the payout odds, they’ll usually just change.
- Sports betting odds comparison，live odds changes for online bookmakers and asian handicap betting.
Making Money in Gambling by Watching the Odds
There are many times in gambling when you see a price you like, but just as you go to take it the price moves and you miss out. The following article explains the various reasons why these price moves happen, and knowing these reasons, how you might be able to use them to your advantage in betting.
What's happing in the betting world?Bet companies change odds when something changes as you know. You know why;) Track changing and dropping odds then bet!What you can do with. Dropping odds tool for monitoring all odds changes and that helps bettors to take better decisions of the sports betting matches.
This overview is part of the exensive library of betting strategy articles here at High Tech Gambling. These range from overview / beginner pieces though to advanced guides. Here are some popular examples:
- Value Betting for Profit (part 1 of a 5 part series)
- Betting Psychology Series (part 1 of 3)
Why Odds Change – Early Betting Odds
Depending on which sport you are gambling on, at some point before the event takes place a bookmaker will offer a first price on the event. A baseball game may offer the first price on the morning of the game (having played the night before), a tennis match may be priced a couple of days before (when the match-up is set) or a soccer game may be priced up a week or so beforehand. These early prices will be set by the team of odds-compilers and will be based around the probabilities of the outcomes. As an example, two days before a tennis match the odds-compilers may not be able to split the two players, and therefore offer odds of 10/11 (1.91) about both players. In an ideal world the bookmaker would now receive an equal amount of money on each player and guarantee a profit. In this case, if they took a thousand pounds on each player, they’d receive £2,000 and only pay out £1909 to the winning bet – a guaranteed profit of £91, with no risk at all. On some occasions this is exactly what will happen, a great and relatively simple situation for the bookmaker, and if every book was like this the job of a bookmaker would, as well as being very profitable, be extremely easy.
Why Odds Change – Reasons for Price Movement
We now move to an hour before the tennis match, and the odds of the match now look completely different – one player is now 4/6 (1.66) and the other is 11/10 (2.1). So what could be the reason for this? There are actually two potential reasons.
The first reason is that something has happened to one of the players in the time between publishing the early price and now. Maybe the player hasn’t trained because of a strain, or one of the players turned an ankle in training – maybe a player tweeted either good or bad news about their preparation for the match. Bookmakers will react to this information, and move the odds accordingly.
The second reason is that one of the players has been bet on heavily, much more money coming in for that player over the other. When a bookmaker takes a majority of money on one particular selection they will have an uneven book, making a loss on that player, and a profit on the other – so they will shorten the odds on the player taking the money, and lengthen the other player. This should achieve the objective of evening their books up somewhat, if it doesn’t, they may well shorten the odds on that player again. They may keep shortening the odds, or make a stand, thinking they have taken a lot of money at bad odds for that player.
So the next question is – why is so much money coming for one player? One reason is that the bookmaker has actually made a mistake and their initial odds were well out of line – and this can be the case, especially in the less popular markets. However, the most likely scenario here is that the player being backed is simply more popular. When I say popular, it’s not necessarily in the sense that they are well known, or well liked (although in many cases this will be the reason), but it might be that a large circulation newspaper has tipped the player to win, or a global website has done a focus on the player, or some other reason to do with the media.
Why Odds Change – Taking Advantage of Changing Odds
You now know why the odds might have changed, but how can you take advantage of this price movement?
The first way is to be on top of the news. You know that the two tennis players are priced at 10/11 two days before the match, and then you see a tweet from a leading sports website that says “Player A is a doubt because of a wrist injury” (in other sports you might see, as examples “Wayne Rooney is out injured for Manchester United tomorrow”, or “LeBron James will be rested for tonight’s Heat game”). You quickly go to your bookmaker, and see that the price is still 10/11 on both players – take the 10/11 on the player who isn’t injured, the odds will surely move soon, and you’ll have a great value bet.
The second way to take advantage is by not falling for “false” price changes. You agree with the opening line on that tennis match, the players are indeed evenly matched. However, as stated earlier, one player is now 4/6 and the other 11/10. This time you see no real reason for this – there are no reports of injuries, but you know that that the player whose price has shortened is much better known player, and has half a million followers on twitter, and you figure this is behind the price movement – (you could use the same reasoning for a popular, well supported soccer/baseball/football/hockey/basketball team). In this case, you are now receiving a good price on the other player, odds of 11/10(2.1) on a real 50/50 shot – a great value bet.
Why Odds Change – Knowing the Difference
Understanding why the odds might have changed on a sporting event is a tricky skill, but in this day and age of 24 hour news you can be on top of things just as much as a bookmaker might be, or even one step ahead if you follow the right people on twitter or use the right websites (where perhaps in times past bookmakers may have had an advantage in this area). Be quick when you see something that you think might have an effect on the odds – you won’t be the only one spotting it, but you might have a head start on the bookmaker. If odds do change when you see no reason for it, give serious consideration to backing either the team or player who is now longer than you think they should be.
Sportsbetting Reviews
For a professional bettor, one of the most successful work options is the movement of odds in online betting shops. Analysts preliminarily conduct their calculations, which take into account various parameters. According to the results of the analysis, relevant data are entered that automatically show the value for one of the sporting events.
The program gives players a preliminary assessment of where you can start making bets. In general, this point can be attributed to the elements of sports statistics, where a bettor using proven data from specialists can draw up promising bets for themselves.
Why do we need odds comparison services?
They allow customers to choose the most suitable bookmaker with favorable conditions. The whole essence of the system is a dynamic list of bookmakers with an updated table of odds. These services provide not only comparative information of the odds, but also a lot of other useful information. There you can see the schedule, match statistics, likely forecasts and much more.
They use these services mainly for betting on the maximum odds, usually there are certain indicators on the services. Also, these services will help save time — instead of comparing the odds in the quotation line yourself, you can use special sections of market events and evaluate the quotes contour.
Typically, these comparison services support large, specific resources. If you decide to use the odds comparison services, you need to take into account the number of bookmakers scanned, as well as the number of sports being scanned on the service and the response time for updating the odds. Sometimes, in order to receive information from these services, it is necessary to register. There are also paid services, but basically there is no need to register and they can be used absolutely for free.
How to use the analytical service
Currently, there are several services for betting odds movement, which players can use for their detailed forecasts. There is an opinion that the bulk of the websites are interconnected, and a change in the current situation of one platform changes the monitoring indicators to another.
If you change the actual quotes, for example, in a football tournament for Home x Away, there will be a change in all indicators to the outcome of the values for handicap, as well as total. It is possible that changes may affect betting on corner data, as well as on yellow cards.
The following portals have an accessible information base, so it is best to focus on them when placing a bet:
- OddsPortal.com;
- BetExplorer.com;
Some of these services are multifunctional, which include both an arb scanner and monitoring in comparison with the applied odds.
Technical aspects of the service
Scanning the lines of bookmakers allows the bettor to determine the exact forecast. The websites themselves, in most cases, do not require any payment for the information provided. The only thing the user needs is to go through a simple registration scheme on the website.
Betting services may be of interest to bettors for the following reasons.
- To determine your own forecast based on the best known data. As a rule, such a component is highlighted in a certain color, or is emphasized on the page. Very often you can see a clear line of the last mode of odds movement.
- For significant time savings. You can monitor it yourself without services, but it will take you a lot of time. Even having done an independent analysis, you will see that your calculations coincide with the data of the automatic service.
- To search for profitable arbs. In this case, it is best to use the working tools of scanners, but the main drawback of such platforms is that according to these data, players make prohibitive volumes of forecasts. Such an action raises suspicion on the part of the bookmaker, who may issue a refund without explanation or cut an account. In contrast to the scanner program, arbs for determining and monitoring indicators have to be searched independently. A bettor will take a lot of time to this process, but at the same time the value of the arb analysis will be very high.
Bettors can use odds movement services to select an acceptable bet in forecasting.
When is bet monitoring necessary?
Almost all legal bookmakers use expensive software to protect their own interests, which allows you to see real gaps in the values between the identical indicators of different operators.
Many bettors develop a unified strategy of behavior, which indicates that changing a bookmaker of odds can be a good and relevant signal for all bettors in the workshop. But, at the same time, the faster BS providers reduce the distance gap in the existing adjustments; the fewer options remain to receive decent profits. In this case, even professionals cannot really track the dynamics of change, and use additional specialized websites for monitoring.
In general, the dynamics and statistics of changes in the movement of values will be interesting for bettors in the following moments:
- you can conduct a comparative analysis of all operators and determine an acceptable bet;
- in severe cases, arbs are used, that is, profits can be obtained by arbitration on sports quotes;
- identification of the best corridors;
- search for bets with overestimated odds, for example, when working with the ValueBet strategy.
We recommend using oddstorm.com as the best option for using websites.
A brief overview of oddstorm.com odds movement service
This is a popular betting website, according to many analysts. According to official data, the platform monitors up to 60 operators. The user can independently select from the list of those BS operators that are of interest to them. The website has analytics on the structure of upcoming matches (PreMatch), and tournaments that take place in real time (InPlay). According to the site, there is information on 1600 games, a review of over 170 Leagues, as well as at least 60 matches.
Among the interesting working tools of the platform, we single out Asian quotes, optimal betting scheme for arbs, a calculator for calculating the arbitration of quotes (arbs), and assistance in finding corridors. Bettors can use both the desktop version of the website and mobile software, which can be downloaded to any gadget.
The interface is great for professional bettors, but beginners can learn the basic functions of the service and use the tips for a profitable bet. To a greater extent, the main blocks of the Internet resource are free, but there are some sections that are available only after a paid subscription. The payment system is flexible and there are various schemes for depositing funds to your account.
According to the official data of the resource, the cost of one working day for PreMatch is 7 Euros, for InPlay — 9 Euros, and the combined use of PreMatch +InPlay — 14 Euros. You can subscribe for 1 day, 1 week, 1 month, 6 months, or 12 months. Payments are accepted through PayPal, as well as the additional service of money and wire transfers NETELLER.
College Football Betting Odds
Access sections — demo and paid
The demonstration unit includes:
- free access to all working sections of the resource;
- limited online access to arbs, block along the corridors and to the structure of quotes;
- arbs with possible profitability in the range from -0.01% to + 1.10%;
- a detailed study on the change in quotations;
- support service via e-mail;
- free expert help, training and useful tips.
Paid access unit:
- advanced mode to all included in the review of upcoming sports events;
- access to the service of instant database updates for PreMatch — no more than 15 seconds, and for InPlay — in the range from 1 to 3 seconds;
- determination of the direction of the working lines;
- the choice of arbs with a yield of -1% to + 300%;
- online access to the assessment unit for corridors and operational cross-data of the arbitrage market;
- 24/7 customer support via chat, as well as in Skype.
This is one of the most effective resources that has been recognized by bettors.
Similarly, the work of other services for monitoring betting odds is built. Register on the website and make your correct forecast.
Secrets of a successful forecast
Almost all services have a certain pattern of dependence of the odds in a BS. Some tips will help you develop tactics.
- If you see a strategic line that opens up a handicap and has a forward movement, all the time in one direction, we boldly draw up the indicator that is decreasing (for loading).
- Settlement betting odds have all the signs of increasing, feel free to switch to the favorite.
- If we see the handicap declining, we switch to the outsider and bet against the favorite, that is, the outsider themselves.
- You saw that since the moment of open access in the line in BS there has been a tendency for values to move in one level of direction, that is, unchanged, and then abruptly before the sporting event, a sudden change in indicators occurred — we must make a forecast based on the formed jump.
- You noticed that before the start of the match, all betting credentials were published, and each bettor in a single direction, that is, before the start of the tournament they were unchanged, and after there was a jump, we similarly make our prediction by changing according to the trend of the jump.
- If the bets at the time of publication and during the match remain unchanged, we bet on the possible winner of the game.
In other words, the odds will need to be drawn up one that takes into account the dynamics of movement at a particular moment. To which part the loading goes, that will be the favorite, and as a result will win the outcome of the match. The disadvantages include a lower level of indicators, which was proposed by the bookmaker.
Betting Odds Changes Vs
And yet, in conclusion, we say that a single strategy in the BS will be profitable only if the entire analysis takes place at a distance. In direct mode, you rarely have 10 pluses, but at a distance, this step leads to a high degree of probability.
Betting Odds Changes 2019
These facts must be considered when determining bets. But, if you do not want to use this technique, you can neglect the advice. And if you decide to take into account the odds, pay attention to how they moved on command in the BS itself.