There are several factors that determine a good sportsbook, and the odds quality is at the top of the list. For this reason, South African sportsbooks are in a competition to provide better odds on various betting events. Naturally, some do it better than others, and in this article, we introduce the leading bookmakers for betting odds in SA and a few tips for finding the best odds.
Understanding betting odds and the concept of value
In the American format, odds are often referred to as prices. This is because the American odds tell you how much you need to pay to win a certain amount or how much you can win by spending a certain amount. In other words, we can say that good odds are cheaper odds. As long as you can win more by spending less, those are the best odds you can find. In the decimal format, the standard at SA bookies, the odds are a payout multiplier, so the bigger the odds, the better since you can also spend less and win more.
However, good odds are not just determined by how cheap they are or how large the multiplier is. Another prominent way to determine the quality of odds is value. In the simplest terms, value refers to a situation where the odds are higher than they should be. If Team B is a heavy underdog and has high odds, that’s not value. On the other hand, if Team B is an underdog but Team A has several key players on the injury list, then there’s value for Team B’s odds.
Top 3 SA bookmakers for great betting odds
When there are cheaper odds, it means the bookmaker has a smaller profit margin. These sites are more generous for bettors and are the best places to play.
Betway
Betway is the king of odds. Comparing other South African sportsbooks odds to theirs, it’s clear they are the top destination for the best market prices. They are not only good for regular sports but also for esports betting.
Hollywoodbets
Hollywoodbets is a fan-favourite in SA because of its competitive odds, but not only. The sportsbook is also popular for offering unique betting options and fantastic live betting services. It’s the top SA betting app for horse racing, with the best odds guaranteed.
Unibet
Unibet has been offering great odds since 1999 when it launched. They provide excellent odds even on the most obscure sports and offer lots of odds boosts on popular events. The full review of Unibet on CheekyPunter’s website covers this bookmaker’s sports, markets, and other unique selling points.
If you want to increase your chances of winning, you need to start betting at sportsbooks with the best odds. Betway, Hollywoodbets, and Unibet are great places to start. Better odds will offer better profits in the long run, and if you can find value, you can even beat the sportsbook at their own game.
