In this article, we will teach you everything you need to know about the highest odds bookmakers, including:
- Where to find the highest odds betting sites?
- What should you look for in a good bookie?
- Which are the best highest odds bookmakers?
Full List of the Highest Odds Bookmakers
There are thousands of online bookies, ensuring that any bettor will have more than enough options when picking out its bookmaker. However, not all sportsbooks are equally as good, especially if you’re looking for high-stakes betting and after the highest odds betting sites.
While it’s fair to expect bookmakers to offer lower odds than the actual probability, there’s still a group of bookies that do so in moderation. Notably, any bookie will want to provide as low odds as possible, as this way, they make money. So while you won’t find an actual fair odd offer on any bookmaker, there are plenty of highest odds bookies where the prices are as good as they can get.
Top Betting Offers
Any bookmaker, either Esports bookie, traditional sportsbook, or even bookies that offer high-stakes betting will have wagering bonuses and promotions for its users. Admittedly, the bonus offer will differ depending on the bookmaker you choose. Still, at the very least, any bookie will have a welcome bonus, which usually comes in the form of a matched deposit reward.
Still, that’s only an industry standard. Any betting company with the highest odds will also have other goodies, namely free bets, Acca boosts, reload bonuses, and special promotions for major competitions.
Notably, most bonuses are credited to your account by simply opting in without extra work. Meanwhile, some promotions, namely the Acca boosts, will require you to place a qualifying maximum bet, so make sure that you read through the terms and conditions of the promotions.
But even though some bonuses have conditions you need to fulfil, you should always strive to grab as many promotions as possible. And naturally, while picking a website to bet on, you should not only look to create an account with the best betting site with the highest odds but also a bookie that can offer you the best bonuses.
How Betting Odds Work
You must understand the odds and betting lines and how they work to start betting. Placing smart bets requires a good understanding of how odds work and all the main types and a firm grasp of how to read and interpret their formats.
So before you start betting on sports, you should first learn what the odds are, how to read them, and ultimately what they mean.
What Do Odds Mean in Sports Betting?
Odds in sports betting mean the same as odds on Esports or any other form of betting. They’re essentially a number that displays the implied probability of a team winning, which isn’t necessarily the true probability.
To calculate the implied probability, you have to use a formula (1/decimal odds) x 100, which will net you a result in percentage. For example, if Team A is priced at 2.00, its implied probability of winning the next match is ((1/2.00) x 100) 50%.
Notably, bookmakers, including any company with the highest odds, will offer lower odds than what they believe is the team’s actual chance of winning the game. It is also known as the juice or the bookie’s cut. They charge for offering you the opportunity to place bets on their website.
In this example, if a bookmaker believes that Team A has a 50% chance of winning, they will offer odds a bit lower than 2.00 and closer to 1.95. Although this might not sound fair, it’s worth noting that the bookie’s ranking of the team’s strength isn’t necessarily accurate and that Team A’s chance of winning (in this example) might be 60%, even at 1.95. They’re an excellent bet.
High and Low Odds
The difference between the high and low odds is fairly clear, as indicated in the name. But to know which is the betting site with the highest odds, you have to compare its offer to the proposal of other bookmakers.
Notably, there is no one betting site with the highest odds that will always offer you the highest odds on all games. So you must compare the odds for every game you intend to bet on.
For example, Bet365 might have better odds on AC Milan beating Chelsea in the UEFA Champions League than Betway, but Betway might have better odds for Liverpool beating Real Madrid in the next round of the UCL.
Live Betting Odds
Live betting odds work the same way as the pre-match odds, but they are far more volatile because they shift depending on what’s happening in the game at any given moment. And since most bookies struggle to accurately asset the current game state, live odds often offer excellent betting opportunities.
It’s also worth noting that the best betting site with the highest odds on the pre-match markets might not have the highest live betting odds assuming it’s good at adjusting in-play markets. So if you intend to bet in-play, you might have to use a different bookmaker than the bookmakers with the highest odds on the pre-match market.
Types of Odds
While visiting any sports betting site with the highest odds, you will come across one of the 3 possible odds formats – Fractional odds, American odds, and Decimal odds – which essentially display the same thing, albeit differently.
- Fractional odds (also known as British odds) are most commonly used on UK bookies and display the odds with a slash (/) or a hyphen (-). Unlike the other 2 odds formats, the fractional odds are displayed in a fraction (3/1), indicating the ratio between the amount of profit won to the stake.
So in this example, a 3/1 would indicate that you need to bet $1 to win $3, while a 4/3 would mean you need to wager $3 to win $4.
- American odds (US or Moneyline odds) are most common on the US bookies and are most popular in the United States. Unlike fractional odds, which display the odds with a fraction, the American format adds a positive (+) or a negative (-) sign next to the odds, indicating whether the team is an underdog or a favourite.
Moreover, a negative sign (-150) shows how much money you need to stake to win $100, while a positive sign (+200) shows how much you can expect to win for every $100 bet.
For example, if Team A is priced at -150, you will need to place a $150 bet to win $100. On the other hand, if Team B is priced at +200, you can expect to win $200 for every $100 staked.
- Lastly, we have Decimal odds (also known as European odds), the most common odds format in Canada, Europe, and Australia. It is also known as the simplest odds format, which displays the odds as a decimal, making it much easier to spot the favourite or an underdog.
With this odds format, you have to multiply your stake with the decimal odds, and you’ll get the total maximum payout you can expect. So, for example, if Team A is priced at 1.75, a $100 stake will net you (1.75 x $100) $175 or a $75 profit.
Even though it’s wise to know how to read all 3 odd types, it is also important to note that any bookie will allow you to change the odds format on the site.
What Factors Should Be Considered in Addition to the Highest Odds?
Before you begin your betting journey, you need to pick a good bookmaker, and one of the main factors all of the best bookies will have is high odds. But there are other things you have to look for since high odds, while important, are not the only thing that will dictate the quality of your betting experience.
Safety and Security
Undeniably even more important but often overlooked factor than high odds is the safety and security of the bookie. A bookmaker might offer 3 times as high odds as the next one, but you should never use it if it’s not safe.
Using only legal bookmakers is extremely important, as only this way can you ensure the safety of your personal information and your money. What good is it to win twice as much money on a shady bookmaker if you get scammed and lose all your money?
The best way to ensure that a bookmaker is legit and not a scam is to check whether it holds a valid gambling license. There are many ways to do it, but all bookmakers are required to show a seal of approval in their footer, so if you can’t find a seal of a reputable gambling licensing body, there’s a good chance that the bookmaker doesn’t own a gambling license.
Alternatively, you can check whether a bookie has a gambling license on the official site of the licensing authority, such as the Malta Gambling Authority (MGA) and the UK Gambling Commission (UKGC).
Easy to Use
Besides offering high odds and owning a gambling license, a solid bookmaker will also have a nicely designed platform, which will be easy to use and navigate. Admittedly, it does come down to personal preference as to which type of bookmaker you find easier to use. However, it’s still important that you feel confident browsing the website and have no issues finding the bets you’re looking for.
A nicely designed menu and bonus features such as changing the odds type, time zone, or even enabling dark mode are all great and will improve your betting experience. So while not as critical as the safety and the odds quality, ease of use is still important.
Secure Payment Methods
After you find the highest odds betting sites you consider using and check all the marks of a solid and safe bookmaker, you should also consider checking which payment methods it has available. As of 2023, the bookies have become very good at offering as many payment methods as possible, but some still don’t do quite a good job with their payment department.
It all comes down to which payment method you want to use – if you prefer to bet with crypto, then a crypto bookmaker will be your top pick. But if you’re not someone who bets exclusively with crypto, you should look for a bookie that at least has some of the most popular payment methods in credit/debit cards, bank transfers, and E-wallets.
Again you must check whether the bookmaker is legit and safe. Many shady bookmakers have questionable payment methods, so only use the established ones for your own safety.
The best betting sites with the highest odds should also offer a few bonuses to their customers. Although this is again not as important as the odds quality of the availability of betting markets, rewards and promotions still play a big role in your long-term betting success.
The most common bonuses you’ll encounter while browsing various betting sites include welcome rewards, free bets, exclusive promotions for major events or games, reload bonuses, and insurance bets. Although prizes work differently, they all give you the same thing – the best value for your money.
So if you can, you should take advantage of any bonus. It’s the best and easiest way to get a bit of extra betting cash, and even a $10 free bet can go a long way.
No matter how good they are, most bookmakers will have betting limits – the trick is to find the ones whose limits are as high as possible. Admittedly, wagering limits won’t be an issue if you’re not into high-stakes betting, but you might get there one day, so it’s better to be prepared.
Betting limits are essentially a limit that the bookie sets on any given market, shortening the amount of money they’ll accept from the users. So, for example, if you want to bet on a Brazilian second-division football match, you won’t be able to place a $30,000 bet on any team.
The maximum bet limits are set mainly based on the market’s liquidity; in other words, matches or tournaments on which people bet more will have higher limits than niche markets.
Why Should You Use Bets with the Highest Odds?
If you’re wondering why you should look for the best betting site with the highest odds, the answer is very simple. The better odds the bookmaker offers you, the better the maximum payout you can set yourself up for.
Notably, even small odds differences can mean a lot in the long run. For example, if you’re betting on a bookmaker which regularly offers 0.05 lower odds than the next one, that might not sound like a look, knowing that a $1 bet would only earn you 5 cents less.
But you have to look at it long-term. If you’ve spent years betting on the first bookmaker, it’s fair to assume that you’ve turned over $100,000, even if you’re a small bettor. And at such figures, you are looking at a loss of $5,000. Every decimal point can add up in the long run, especially if you’re engaged in high-stakes betting.
Betting can be fun, exciting, and profitable, but the industry has a dark side. As much as betting can promise you unlimited profits and that one-in-a-lifetime major payout that will change your life forever, it can also work the other way.
Gambling addiction is a serious problem in our world, and while it may sound like something that will never happen to you, every person who has fallen into a gambling addiction and is struggling has said the same. That doesn’t mean that betting is destined to ruin your life, but you must be aware of its dangers and approach it responsibly.
Luckily, some institutions help people with gambling problems, but it’s better to be safe from the start than deal with one of the world’s most damaging addictions.
There is no best betting site with the highest odds, but plenty of good bookmakers offer high odds, and the main reason there is no clear winner is that it all depends on where you live and what you want to bet on. For example, the best betting site in Kenya with the highest odds might be the best option for betting on athletics, but it might not be as good for betting on basketball as the top-rated betting site with the highest odds in Nigeria.
Still, while you have to pick a bookie according to what you need, you should always do your best to choose a bookmaker with the highest odds, as only this way can you ensure the best maximum payout and the highest potential earnings. And by reading through our article, you should know where to find the highest odds betting sites!
Frequently Asked Questions
Which betting site has the highest odds?
No betting site will always offer the highest odds, but many great bookmakers offer above-average betting odds for most sports. So if you intend to bet with the highest odds, it’s advisable to use various bookmakers to price shop and get your hands on the best offers.
Which betting site has the highest odds in Kenya?
Many great Kenyan bookmakers are known for their odds, and while there is no clear winner, some of the best betting sites in Kenya remain Betway, 22Bet, BetKing, and Betwinner. All are known for excellent betting odds and generous betting market offer.
Which betting site has the highest odds in Nigeria?
If you’re looking for the best betting site with the highest odds in Nigeria, we’re sad to inform you that there is no such thing. Instead, many great bookmakers have high odds, including 1xBet, Betway, Bet9ja, and BetKing.
Which betting site has the highest odds in Ghana?
Like other African countries, Ghana doesn’t have one betting site with the highest odds but many great sportsbooks with an above-average offer. So if you want to bet with the best odds, you should instead register on multiple of Ghana’s most popular sites in Soccabet, Betwinner, 1xBet, and Melbet.
Which football betting site has the highest odds?
Although there is no clear winner among bookmakers and their offer of football odds, Bet365, William Hill, and Pinnacle stand tall as some of the best bookies with the highest football odds. So, picking either of the 3 is a good way to start if you’re looking for a bookmaker with solid football odds.