Reading the odds
Odds show the payout if your bet wins and also reflect the implied chance of the outcome. Decimal odds of 2.00 return twice your stake, including the stake, if the bet wins. Lower odds mean the outcome is considered more likely, and higher odds mean it is considered less likely.
The margin built into the odds
When you add up the implied chances of every outcome of an event, the total is more than 100%. The extra part is the operator’s margin. This is why even a bettor who picks well still needs to beat the margin to make a profit.
Common markets
- Match result: win, draw or lose.
- Handicap: one side starts with a virtual advantage or disadvantage.
- Over or under: total goals, points or games above or below a number.
- Combination bets: several selections in one bet. All must win, so the chance of winning falls quickly.
Understanding the bet slip
Before you confirm, check the selection, the odds, the stake, the possible return and any restrictions. Odds can change while a slip is open, so confirm the final price shown.
Mistakes to avoid
- Betting on your favourite team because of loyalty.
- Chasing a loss with a larger stake.
- Putting too many selections in one combination bet.
- Betting while following a live match with no limit.
- Ignoring cash-out or bet rules you have not read.
Set a weekly budget using our limits guide and read promotion terms carefully before using a bet bonus.
Frequently asked questions
Can I make a living from sports betting?
Very few people do. Most bettors lose over time because of the margin.
What does a cash-out do?
Some platforms let you settle a bet early for a smaller amount. Check the rules and the price offered.
Are combination bets a good idea?
They pay more, but they are harder to win. Keep them small.
