Sports statisticians, analysts and mathematicians are heavily involved in the EPL odds you see on a sportsbook’s site and app. That’s why books hate when a big favorite wins, because they lose heavily. Premier League betting odds certainly aren’t determined on the gut feel of a sports predicting genius. They are trying to reduce the risk of sportsbooks losing big. Ultimately oddsmakers are in cahoots with sportsbooks.
The aim is to put forth certain odds to make a profit, while also attract bettors on both sides (either team, etc.). The function of EPL odds making isn’t to truly represent the probability of an outcome occurring. Want to know the why behind odds you see in our EPL Bet Hub and sportsbooks America-wide?Īll of the answers are here for you, right now! How are EPL odds determined? Vegas usually sets the standard and determines soccer odds for sportsbooks across the United States. There are prop bets too, which allow you to wager on almost anything which can occur within a Premier League match, including key player performance stats.
Premier League betting has many popular options, particularly the spread, moneyline and over/under. Most of us have seen sports odds before and understand why a Premier League team is favored against the dog - particularly if Manchester City are playing!