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Sports Betting at Weiss-Casino: Odds, Markets and Live Wagers

Anytime Goalscorer 2.75 vs First Goalscorer 6.50

A bet on a specific player to score at any point during the match offers odds of 2.75. In contrast, wagering on the same player to score the first goal of the game presents significantly higher odds, typically ranging from 6.00 to 7.00. Placing a 10.00 EUR bet on the first goalscorer at odds of 6.50 would yield a payout of 65.00 EUR. This type of bet falls under the category of specific player performance markets.
The distinction in odds reflects the decreased probability of a player scoring the very first goal compared to scoring at any point. For a 10.00 EUR stake on an Anytime Goalscorer at 2.75, the potential payout is 27.50 EUR. These markets are commonly found in football and other sports where individual players are key to scoring.
These specific goalscorer bets are a subset of the broader 'Torschützenwette' category. The lower odds for Anytime Goalscorer bets are due to the increased chances of a player finding the net when there are multiple opportunities throughout the match. The higher odds for First Goalscorer bets account for the element of randomness and the specific timing required.
odds, markets and Live betting
odds, markets and Live betting

Implication probability: 1 divided by 2.50

In decimal odds format, a selection priced at 2.50 implies a probability of 40%. This is calculated by dividing 1 by the decimal odds (1 ÷ 2.50 = 0.40). The implied probability represents the bookmaker's assessment of the likelihood of that particular outcome occurring. A 10.00 EUR bet at odds of 2.50 results in a payout of 25.00 EUR.
The favorite in the same market might be listed at 1.67, implying a probability of approximately 59.88% (1 ÷ 1.67). This illustrates the inverse relationship between odds and implied probability; lower odds signify a higher perceived chance of success. The decimal odds format includes the original stake in the total payout.
Understanding implied probability is crucial for evaluating value in betting. A 10.00 EUR stake placed on an outcome with odds of 2.50, which pays out 25.00 EUR, includes the initial 10.00 EUR stake plus a 15.00 EUR net profit. This system of odds is common in European betting markets.

Set Up System 2 out of 3 Correctly

A system bet, such as a '2 out of 3', involves selecting three events, and the bet is considered won if at least two of those selections are correct. This structure allows for potential returns even if not all legs of the bet are successful. Each pair of selections forms an independent bet within the system.
For a '2 out of 3' system bet, three distinct two-selection bets are created. If all three selections win, all three of these sub-bets are paid out. If only two selections win, then one of these sub-bets will pay out, providing a partial return on the overall stake. This offers a more flexible betting approach compared to a straight accumulator.
This betting mechanism diversifies risk by not requiring every single outcome to be correct for a payout. The specific payout for a '2 out of 3' system depends on the odds of the winning selections and the total stake placed across all combinations. It is a strategy employed to mitigate the impact of a single incorrect prediction in a multiple-selection wager.

Rugby Main Market 5-8% vs Try Scorers 8-11%

The main betting market for rugby matches, such as the match winner, typically carries a bookmaker's margin ranging from 5% to 8%. This margin represents the house edge. For a 10.00 EUR bet on the main market, the bookmaker's average profit would be between 0.50 EUR and 0.80 EUR.
Wagers on specific rugby events like try scorers exhibit a higher bookmaker margin, generally falling between 8% and 11%. This increased margin reflects the greater complexity and potentially higher demand for these niche markets. A 10.00 EUR bet on a try scorer could thus see the bookmaker's profit range from 0.80 EUR to 1.10 EUR.
The difference in margins between the main rugby markets and specialized bets like try scorers is a common practice in the industry. This indicates that the bookmaker assumes a greater theoretical advantage on markets with more variables and a higher likelihood of unique outcomes. Rugby games in major leagues offer between 60 and 120 markets.

Ice Hockey: Three-Way Market Only in Regular Time

In ice hockey betting, the three-way market specifically refers to wagers settled based on the outcome of regular time only, excluding any overtime or penalty shootouts. This market includes three possible outcomes: a win for the home team, a win for the away team, or a draw (tie) within the standard 60 minutes of play.
For example, if an ice hockey game is tied after three periods, a bet placed on the 'draw' outcome in the three-way market would be settled as a winner. Bets on either team to win would be lost, regardless of the final result after overtime or penalties. This market structure is distinct from an 'all-inclusive' market that considers the entire game duration.
The margin for ice hockey's main three-way market typically ranges from 4% to 7%. This means that for every 10.00 EUR wagered, the bookmaker expects to retain between 0.40 EUR and 0.70 EUR on average. NHL or DEL games often feature between 80 and 150 different betting markets.
Sports, markets and margins in the betting offer
SportMarkets per MatchMarginLive BettingHighlight
Tischtennis20–40 Märkte pro Match, meist Satz- und Punktewetten6–10 %, live häufig über 10 %instantTäglich hunderte Matches, stark live-lastig
Cricket80–150 Märkte pro Match, weniger bei T20-Ligen zweiter Reihe5–9 % im Siegermarkt, 8–12 % bei SpielerwettenjaMarge hängt stark vom Format ab
Rugby60–120 Märkte pro Spiel der großen Ligen5–8 % im Hauptmarkt, 8–11 % bei VersuchsschützenjaHandicap wichtiger als reine Siegwette
Formel 160–120 Märkte pro Rennwochenende inklusive Qualifying3–5 % bei Fahrer-Duellen, 12–20 % bei Outrights auf den RennsiegerjaDuelle günstiger als Langzeitwetten
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
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
Basketball150–250 Märkte pro NBA-Spiel, inklusive Spielerwetten3–5 % bei Handicap und Über/Unter, 4–6 % MoneylinejaHandicap und Totals statt Siegwette
MMA30–60 Märkte pro Kampf, je nach Kartenposition5–8 % im Siegermarkt, 8–12 % bei SiegmethodejaSiegmethode und Rundenwetten sehr beliebt
Volleyball40–80 Märkte pro Match der Top-Ligen5–8 % im Siegermarkt, 8–11 % bei SatzergebnissenjaSatzwetten und Punkte-Totals dominieren

What Doesn't Count for Both Teams to Score?

The "Both Teams to Score" (BTTS) market is a popular wager, but it is crucial to understand its specific conditions. This bet wins only if both participating teams manage to score at least one goal during the regulation time of the match. If one team fails to score, or if the match ends without any goals from either side, the bet is considered lost. This market is distinct from bets that consider the total number of goals scored.
In football, the "Both Teams to Score" market typically operates with a margin of 6-9% for matches in smaller leagues or less prominent competitions. For top-tier football matches, this margin can be as low as 4-7% before kickoff. This indicates the casino's built-in advantage, meaning for every 100 EUR wagered on this market, the casino expects to retain between 4 EUR and 9 EUR on average over time.
Understanding market definitions prevents unexpected losses. For example, in a football match, a bet on "Both Teams to Score" would be a loss if the final score is 1-0, even though goals were scored. Similarly, a 0-0 draw means both teams failed to score, resulting in a loss for this specific bet type. The bet is solely focused on the scoring action of each individual team.

What margin is in round bets?

Round bets, specifically referring to bets on the number of rounds in combat sports like MMA or Boxing, carry varying margins. For MMA, these round bets can have margins ranging from 8-12%, depending on the specific market and event. This means for every 100 EUR staked on these round bets, the casino's expected return is between 8 EUR and 12 EUR.
In boxing, the margin for round bets is typically higher, falling between 9-13%. This reflects the inherent unpredictability and potential for varied fight outcomes within different rounds. For instance, a 100 EUR bet on a specific round outcome in boxing could see the casino hold between 9 EUR and 13 EUR on average.
The margin in round bets is a key factor for bettors to consider. A higher margin implies a lower theoretical return for the player over the long term. For example, if a bettor consistently wagers on MMA round bets with an 8% margin, they are mathematically expected to lose 8 EUR for every 100 EUR wagered across numerous bets.

How much margin does an outright cost?

Outright bets, which predict the winner of an entire tournament or season, often come with higher margins compared to single-match markets. In Formula 1, outright bets on the race winner can carry a margin of 12-20%. This means that for every 100 EUR wagered on an outright winner, the casino's expected profit is between 12 EUR and 20 EUR.
This higher margin on outrights is reflective of the increased difficulty in predicting long-term outcomes versus short-term events. While a football match might have a 4-7% margin on the 1X2 market before kickoff, the complexity of forecasting a champion across a season leads to a wider gap for the bookmaker. These bets are less about immediate results and more about season-long predictions.
The consequence for bettors is a reduced theoretical payout on outright bets. A 100 EUR bet placed on a Formula 1 outright winner, assuming a 15% margin and a winning 3.00 odds, would return 300 EUR. However, the casino's edge means that over the long run, such bets are less profitable for the player compared to markets with lower margins.

Driver Duels 3-5% vs Outrights 12-20%

When analysing odds for Formula 1, a significant difference in margins exists between "Driver Duels" and "Outright" markets. Driver Duels, which pit two specific drivers against each other for a particular race or session, typically feature lower margins of 3-5%. This makes them more favourable for bettors seeking smaller, more frequent wins.
Conversely, outright bets on the overall race winner in Formula 1 carry substantially higher margins, ranging from 12-20%. This wider margin reflects the greater uncertainty and broader appeal of predicting the ultimate victor of an entire event, rather than a head-to-head matchup within it. Bettors should be aware of this disparity when choosing their wagers.
The financial implication is clear: a 100 EUR bet on a Driver Duel at 1.90 odds with a 4% margin would have a theoretical return of 190 EUR, with the casino retaining 4 EUR. The same 100 EUR bet on an outright winner at 3.00 odds with a 15% margin would return 300 EUR, but the casino's retained amount would be 15 EUR, illustrating the impact of the margin difference.

How much remains net with odds of 2.50?

To calculate the net return on a bet with odds of 2.50, one must first consider the bet amount and the applicable margin. For instance, if a bettor places a 10 EUR bet on odds of 2.50 in a market with a 5% margin, the gross payout for a win would be 25 EUR (10 EUR x 2.50). The casino's margin effectively reduces the potential net winnings.
The net amount remaining after the casino's margin is factored in is directly related to the odds and the margin percentage. With odds of 2.50 and a 5% margin, the casino's expected retention on that specific bet's potential payout is 5% of 25 EUR, which equals 1.25 EUR. Thus, the theoretical net payout to the bettor for a win would be 23.75 EUR.
This calculation illustrates how margins impact profitability. If a bettor wins a 10 EUR bet at 2.50 odds in a market with a 5% margin, their net profit is 13.75 EUR (23.75 EUR payout - 10 EUR stake). If the margin were higher, say 10%, the casino would retain 2.50 EUR, and the net profit would be reduced to 12.50 EUR.

CS2 4-7% vs Dota 2 6-10%

The margin for CS2 matches at major tournaments ranges from 4% to 7%, impacting potential returns for bettors. This figure is lower than the 6% to 10% margin observed in Dota 2 matches, particularly for secondary markets.
A 10 EUR bet on a CS2 match with a 5% margin would theoretically result in a payout of 9.50 EUR if winning, with the house retaining 0.50 EUR. In contrast, a similar Dota 2 bet with a 8% margin would see the house retain 0.80 EUR.
This difference in margins suggests that bettors may find slightly more favorable odds on CS2 compared to Dota 2, especially when considering the broader range of markets available in Dota 2 which can extend up to 120 markets per match.

Rugby: 60 to 120 Markets Per Game

Rugby matches in major leagues offer a substantial betting selection, typically ranging from 60 to 120 distinct markets for each game. This extensive variety allows for diverse betting strategies beyond simple match outcomes.
The main markets in rugby betting carry a margin of 5% to 8%, with specific markets like try-scorer bets potentially seeing margins increase to 8% to 11%. For instance, a 10 EUR bet on a 1.90 odd try-scorer market with an 11% margin would return 9.00 EUR if successful.
Handicap betting is often a more significant consideration in rugby than outright win bets, reflecting the sport's scoring dynamics and potential for large point differentials between teams, offering alternative avenues for strategic wagers.

Set bets and point totals in Volleyball

The available data does not specify the number of markets or margins for Volleyball. Therefore, a direct comparison to sports like Tennis, which offers 120 to 200 markets for ATP/WTA matches, cannot be made.
Without specific figures for Volleyball, it is impossible to analyze the betting landscape for this sport in terms of market depth or the house edge applied to various bet types.

Boxing Matches: 25 to 50 Markets Per Fight

Each boxing match typically presents bettors with between 25 and 50 distinct betting markets. This range allows for a variety of wagering options, from predicting the outright winner to more specific fight outcomes.
The margin on the winner market in boxing is generally between 5% and 8%, but can escalate to 9% to 13% for bets on specific rounds or methods of victory. A 10 EUR bet on a round-betting market with a 10% margin would see the house retain 1 EUR.
Favorites in boxing matches frequently have odds below 1.20, indicating a strong perceived advantage. This means a 10 EUR bet on a favorite at 1.15 odds would yield a profit of only 1.50 EUR if successful.

Translate +150 and −150 to Decimal Odds

American odds of +150 translate to decimal odds of 2.50. This is calculated by dividing the American odd by 100 and adding 1 (150 / 100 + 1 = 2.50). A 10 EUR bet at 2.50 odds would return 25 EUR.
Conversely, American odds of -150 convert to decimal odds of approximately 1.67. The calculation involves dividing 100 by the absolute value of the American odd and adding 1 (100 / 150 + 1 = 1.67). A 10 EUR bet at 1.67 odds would return 16.70 EUR.
These conversions are crucial for understanding the implied probability and potential payout across different odds formats. For instance, a -150 odd implies a higher probability of an event occurring than a +150 odd, reflected in the lower decimal equivalent.

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