Bitcoin Forum

I participated in a discussion in an ANN thread for one of the sportsbooks listed on the forum, and I see that odds are very important. So, I came up with this question to ask the community: how important are the betting odds to you?

Let me name some of the old sportsbooks on the forum that I'm currently using:

1-Duelbits
2-Stake
3-Sportsbet

Just these three for the purpose of demonstration. So, you are constantly betting on sports, and you are using Duelbits as your regular one. You are betting a significant amount, like $1,000 for this demo. We have game 2 of the NBA Finals. The point spread is 7.5, and you choose to bet on the Dallas Mavericks.

For Duelbits, it's offering 1.85.
For Stake, it has 1.80.
For Sportsbet, it has 1.90.

Would you shift to the sportsbook with bigger odds or would you stay?

I personally will tend to stick to the main gambling site which is always used with relatively larger balance than the others, I sure that even though you also use three different gambling sites there will definitely be one of them that is the most favorite and always used, use it more often.
For the odd difference, there won't be big difference, maybe it only very slight so that the odd difference will never make me deliberately move to another gambling site, unless the odd difference is very large then that could be the main choice.
However, in the same bet on different sites, it would definitely be impossible to have very large odd difference, as you mentioned with relatively small odd number.
But some gamblers might prefer to switch to another site because there are odd differences, even if they are only small, we will not be able to find the same goals from one gambler to another.

$1,000 is big, but it's not a significant amount.

If you bet on Stake you will receive $1,800, if you bet on Sportsbet you will receive $1,900, the difference is $100, but we haven't calculate the tax and withdrawal fee. The good thing sportsbet have free withdrawal, so you will earn more than betting on Duelbits and Stake. But, Duelbits sometime offer odds boost that will make you able to earn more than Stake and Sportsbet.

I'd say if you bet more than $10K, you need to consider to pick bookies with higher odds, lower than that you can bet in any sites.

It depends on how often you see that kind of difference. But most of the time, the odds are very close to just a decimal 0.05-0.10. There is not much difference IMO. But to some of us here who apparently use altcoins to bet, it may be a big factor in choosing which betting site.

It depends on the situation. If I have funds at the other casino where I am getting high odds, then definitely I will place the bet there. But if I don’t have enough funds, then I won’t take the pain to transfer money from one casino to another by paying the transaction fees and wasting some of the time. There is a huge chance that the game outcome will change while the money is being transferred. Hence, in this type of situation, I would prefer to bet on the casino where I have funds, provided that I am getting low odds here.

From experience, the three things I keep in mind when looking at the odds on different sportsbooks is that the odds are there to tell me whose favorite to win between the teams, how much they are favorite by, and the last and most important what my potential payout would be. From the demonstration given in the OP, the sportsbook that would guarantee me a bigger payout than the others is I choose their odds and place my bet is Sportsbet. Their odds is 1.90 and if I place my bet, my potential payout would be 1.90×1000 = 1900. Like you already said there are other factors to consider too but I'll be sticking with Sportbet because it is more practical than having an "expectation" that Duelbit would offer their odds booster which may not happen.

I have been checking odd differences among bookmakers in the past. What I noticed is that the odds are almost similar. Also you can see on bookie 1 that the odd is higher today, but you can see on bookie 2 that the odd is higher tomorrow. I also noticed that if a gambling site has just started providing sport betting, the odd can be a little high but when they have enough customers and reputation, the odd will become normal like other bookmakers. I do not because of odd leave a gambling site for another. Presently, I am using Stake.

I'd stick because it's a hassle to switch from casino to casino just because the odds are slightly higher than the other one, if the case was a big difference then maybe that's the time that I would switch to that casino but the difference in odds is like 0.05 or 0.1, that's not worth switching casinos, I don't have that much money to spend on gambling so I don't do any kind of switching or even funding all the casinos that I visit just so I can make the most whenever there is an infinitesimal difference in odds. I don't think that bookies would deviate so hard with the norm within the standard odds for each games, doing so would make them a bad sport and would probably earn the hate of the other bookies if they do it because they're indirectly getting their customers.

For me 5% difference is already a lot, just imagine, instead of getting $900 for your $1000 bet, you'll only get $850, so there's a difference of $50, that's still money dude. If we are gambling regularly, that would result to bigger losses on our part even if we are winning.

We can't even win on a game with 1% house edge, how much more this 15% house edge.

Maybe it's only significant for me, but yeah we can call that a big amount only.


Let's skip that withdrawal fee and the boost of odds, let's just focus on the odds. And actually, it's not only duelbits who has boost of odds, in fact it was sportsbet who implemented it first. I have an account where I can enjoy 1 boost per day, so I would choose if it we will consider it.


Thank you for your reply.  :)

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BTW, poll added, please vote!

I don't like movie g around from one casino to another because of little odd difference. I stick the one casino but I check the odds in different casinos to know have more advantage on my analysis. High odds are good when you are using a big amount of money to bet, and I only use little amount, so no worries of the odd difference as long as am comfortable with the casino.

I voted yes.

Money is money, if I had a way to earn more, I will choose it.

But, it doesn't mean I will always jump to other casino when I see they offer higher odds than the current casino I usually use, because I need to consider the reputation, withdrawal fee and other promotions. There are so many scam casinos, would you take a risk to lost all of your money just to earn 5%-10% more?

For those that spend most or all of their gambling balances on sports then yes odds are everything. Most crypto sports books are just mirroring odds of other sites or bookie providers but with some odds worsened to account for their profit plus also crypto conversion and operation costs that might be a little higher.

So I would expect odds to be lower. But playing with crypto adds a lot of convenience so I don't look at they ususlly.

Well, let's be Frank bud, betting or gambling in general is all about making money right, well, not really all about making money for everyone I guess, but then, if making money is the priority for why I betting, then we all know that higher odds signifies higher amount of money in potential winning, for this reason, I will surely shift to the casino with the higher odds, but not without some conditions, and one or two of those conditions is that..

1. The Odds from the other casino must be significantly higher than the odds on the casino I am (at that time) playing on.
2. The other casino with better odds must be a well tested and trusted reputatable casino, I can't risk my money on a new and or untrusted casino simply because of odd difference, cus at the end of the day, it's really about betting and winning with a higher odds, but it's all about being able to withdraw and or get paid your winnings in one peace without issues.

Well if you prefer to maximize your odds then the higher the odds the better. Well, I'd only ever start doing this maybe upwards $1k? I don't think it's worth the effort and time to check all the odds and swap to them when the amount you bet is below that. Other than that yea, definitely. Sports betting is for betting money anyway, kind of different on how I view it against casinos

This is ignoring the reputation of the casino, features, issues, stuff like that btw, cause if we include that then no matter how high the odds are if they were pretty bad at doing their jobs, I'd much rather go to my comfort bookie.

Well, we all know that if the odd is big then the win will be big too, so the simple thing I will do is to go for the casino with the biggest odd depending if it's a casino that I have been using before and already have account with them. During betting, I sometimes compare the odds that my favorite casino is offering with other casinos and if the difference are not much, then I will just go ahead and stake on the casino that I have been using. Gambler love the opportunity to win huge am, so I believe that any gambler will want to go for the casino that offers the best odd.

I can assure you that I won't bet any amount higher than $100 in any bet whether it's casino or sport bet so for me that fraction of difference in the odds is negligible, it is going to give only $10 more but I have to go through KYC, and have to get used to their interface so I just stick with making less $10 instead of going through this process but it's just my opinion.

High rollers who bet hundreds of thousands of dollars may consider platforms that offers better odds but still they will just settle with whether they used to play because big money will hesitate to go out of our go to platform.

If I am very satisfied with the current that I am gambling with, I'd choose to stay on it and don't want to get into any other sportsbook.

I don't do a lot of transfers unless I experience something bad that makes me frustrated at all. And with that, it's time that I will choose another one.

But it rarely happens to me. Anyway, if it's for your satisfaction then choose what is best for you whether with your current or the other one.

If it is assumed that the odds difference is based on the casino sites but on the same games and same risk on determining your winning predictions, only one thing would be involved in such circumstances which is going for a reputable casino that would not stress you at your  cashing out private time.
Most times bettors are trapped on sites with an opening of bigger odds.

The odds difference at different casinos usually wont be more than 5%, even if it goes above 5% - I can assure you that it rarely happens.
And I will not shift to another sportsbook because of the odds difference, and the reason is:
- big differences (more than 5%) in odds between sportsbooks are rare
- the odds can change at any time, sportsbook providers also monitor the markets from other competitors because if the difference is too big it is like an open invitation for arb betting abusers.
- dont want the hassle of having to do KYC at another sportsbook
- already comfortable with the current sportsbook and its community

This is a true point because a casino not respecting its reputation would be negligent enough to scam certain users out of their winning or deposits.

Also though, those that wagger a lot of money on sports would benefit a lot from having better odds. Certain bettors will routinely search for the best odds also when making a prediction. So it really depends on how competitive one wants to be. In reality it's a different play style if someone wants to relax or look into the technicals.

Odds are actually important factor in choosing a sportsbook but it is just one of them and definitely not the most important factor. In addition to the odds, what I look at is ease of deposit and withdrawal and how fast they come as well as how easy it is to navigate the platform to select my game. The casinos you mentioned are popular and reputable and have been there for a while now, so I will not have a problem using any of them and the option I will go for depends on where I have some money in at that point in time because what I do is that there are some specific events I play in some casinos, that is different casinos for different purposes.   

In betting, odds and value are everything. If you have the opportunity to place a bet with better odds, you must do so. Another question is choosing a casino/bookmaker. Personally, I use several proven casinos and even if I see better odds in other casinos, I won’t go there because it adds risks plus costs (time, mental effort, transaction fees).
To be honest, I don’t even know what needs to happen for me to move on to a new project, given that the old ones are working perfectly.

Since the bookies that the OP mentioned are known and reputable ones in the forum, I believe I would just choose among those 3, if you are already using them for years. And if there is a new bookie offering much higher odds than those 3, I would say, be very careful as this may be a trap if they are offering higher odds.


It is no doubt if bettors would want more for their money. However, they do need to remind themselves that not all good offers come with fair requirements. Most of the time, new casinos would offer mouth watering odds but there's a catch - either high wagering requirements, higher withdrawal amounts or worst you can't get out your funds because they will find a way not to disburse your funds.

One thing about new bookmakers is that they will try all their best to give better offers than the existing bookmakers. One of the better offers they would give are higher odds. The odds will not be far higher than the existing bookmakers but with just slight differences. But if you use huge amount to calculate the profit, the profit difference can also be somehow high on the new bookmaker. The odd should be of little difference, but if it is very high odds than usual, it would likely be a scam bookmaker.

You have to check the reputation of a sportsbook you are using first, and if it passes for you, then you can compare the odds. I think there are only a few bookmakers in the market, so most likely the number of casinos have the same bookmakers. You are right, there should only be a slight difference, but a 5% difference is already big if we are betting a significant amount.

I am not a big bettor, but I've known bettors who bet $1 million, like the famous Drake. If he bets $1 million at odds of 1.85 instead of getting 1.90 from another sportsbook, that's a difference of 5%, which is equivalent to $50,000. That's still a huge amount of money, I believe.

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Just a little odds comparison on today's game from the sportsbook mentioned in the OP.

Dallas +5.5

sportsbet  2.10
stake  2.16
duelbits 2.15

I'd stay with my favorite sportsbook because I bet on different kinds of markets and you'll notice how they'll compensate by juicing the other markets (spread, favorites, live betting, etc.).

Nowadays, there's more to it than simply siding on the sportsbook that offers the best odds, one thing i'd say that's underrated is the sports promotions(early payout, double payout, free bets).

Even if my favorite sportsbook doesn't have the best odds, as long as they offer the best promotions, it's enough to make me stay because it could mean avoiding several losing bets in the future.

Yes, I would definitely stick to my favorite casino, because I trust it. The odds don't matter that much. There might be some shady unknown bookies offering odds like 2.5 or 3 for the same games, but I'm always cautious. If something seems too good to be true, it most likely is a scam. Of course, you could try other casinos, that are offering higher odds, by placing a small bet in them, but I'm just too lazy to do this and I don't care that much about the potential profits. I'm kinda conservative and I would always choose reliability over profit maximization.

The odds do also exist in casino games actually but maybe the popular term that is used here is multiplier, winning chance, and even RTP. Odds are everything if you are gambling for profit because this can determine if how much return of money you will get and as well as if you have a better winning chance in the game or not.

Creating a casino or a sports betting platform, especially a crypto-based one is always not cheap but in my opinion they should not compromise the odds. So that if more people will get attracted to their odds, they can still earn better this way and they will soon recover their ROI's with additional profits on the side.

Absolutely right - in order for me to leave proven bookmakers where I have been playing for a long time to new ones, they must have super favorable quotes. But the higher the quotes (more value), the less likely it is that this is not a scam, so in fact I won’t go anywhere in any case. The paradox is that new projects must offer conditions that are too favorable to be true.

I think very few people would shift away from their favorite casino for such low difference in odds.I can understand that this should be a normal occurrence when odds change a lot like from 1.85 to 2.3 but I assume no one would change casino for a 0.05 change in odds.I personally would never change my favorite casino no matter what odd difference I can find in other casinos,the reason for this is because I lose loyalty points that help me achieve better VIP levels if I change the casino.Most casinos know this too well and they keep offering good loyalty bonuses exactly for this reason,to keep people hooked.

I'm not betting much on sports, when I play sports betting, I dont really care about the odds difference because my bet is always small amount only which wont give significant difference when it comes to winning bet. But if I have the chance to bet $1000 or more, for sure I'll try to find the highest odds because the profit difference can be a nice amount. Of course it will also depending on other situation, I mean if I have my money on one specific site already then I think I wont switch to other site just for 1 bet.

You are right. Some newly launched casino sites would likely want to make a bit additional odd to other standard casino sites as a marketing strategy to attract bettors and with the little added odd differences, bettors would always want to bet higher wager than expected so that they can increase the winning and when the bettor looses it means the casino gained more but it won that is to say the bettor won more comparing to bettors who betted on the other gambling sites with the standard odds.

But while looking out for these higher odds on different casinos, it would be stress safe if considered sites reputations.

That's a nice strategy for them. Honestly, I didn't realize that it's the kind of benefit sportsbook are getting, they'll put a very attractive odds to attract bettors and when there's more volume of bettors gambling, they'll get a better profit.

Let's make a illustration, we can compare two casinos, 1 has 10% vig and the 2nd has 5% vig on every win.

If casino 1- has total wagers of $2 million.. that's $200k vig.
if casino 2 - has total wagers of $20 million, that's $1 million vig.

So there's really a big difference here, and volume is the key, and the best way to attract volume is to show them the best odds.

For this odds difference, of course I might consider changing bookie since it’s a huge profit difference which is vital for gamblers that is gambling with house edge. But I doubt the difference is that huge on every games they offered.

Also it depends on the VIP level of my account since the odds difference can be compensated by my VIP rewards so it’s useless for me to change bookies if that’s the case. For me, it’s all about profitability when it comes to choosing the provider. Don’t hesitate to change a bookie as long as it’s both safe and trusted if you can have better profit on it.

Makes absolutely sense and I think you are exactly like myself, and actually for me, I do bet on sports very well, like frequently, But then, I am not really a fan of jumping from one casino to another, paying withdrawal fees to withdraw my money from one casino to another, since I am a type of person that don't like keeping multiple gambling budget, or let me just say that, I am not rich yet, so it's pretty hard for me to budget money for gambling in the amount that will be high enough to keep across different casinos.

So, I simply keep my gambling funds on one casino and do not withdraw from there unless I win a significant and withdrawable amount of money, else, I will just play there until my entire balance turns zero.
And Secondly, like you've said, I also don't do high roller betting, the money I bet on sports are usually small amount of money, in the sense that, even if there is an odd difference between casinos, chasing that won't make any much or noticeable difference since the amount I use to bet is not high enough.
So, I simply just stick with and on the casino Ive initially choosen to play on.

For your regular gambler it does not make much sense to switch between sportbooks, just because of a small difference between the odds offered in a particular match, so it is better to stick with what you know so you can avoid making unnecessary mistakes, but if we are talking about a professional sport bettor or at least someone trying to reach that goal, then they do not really have any option other than to do this in an effort to become profitable.

If the difference was as small as you're showing it, so 0.05, I wouldn't bother.
It would cost me more to move my money elsewhere, create a new account, risk going through KYC there, pay all the transaction fees, wait and check if it arrived... That's hours lost that I could spend elsewhere doing something I actually like doing.
also, I don't bet a lot so small difference in payout would maybe be a few dollars if I managed to win. Still less than fees cost.

It all depends on my choice and what i want at that particular moment, if i see at as still part of my expectations, then i see nothing bad in it than to stay and continue with my gambling, but as for some cases with other gamblers, they cant wait all because they wanted to use that as the only reason for their stake on bet considering the odd, we all have our respective opinions.

Okay, it's one of the reasons why we should stay, and the loyalty promotion as well where you get benefits for being loyal to the sportsbook. For me, I also experienced receiving some free bets from one of the sportsbooks I use. They're not so big, but it's appreciated since it's free.

The boost is what I really like, getting 2.00 from 1.90 is already big because that extra 10% is good enough, especially if betting a significant amount of money. I think the reputation of the casino is also very important, like the fast release of withdrawals and other related things, so I understand why you'd stay.

I will stick to the sportsbook that I usually use, even if other sportsbooks have bigger odds. The reason is because I am used to using the sportsbook and their service has made me comfortable using them. Even though they have smaller odds, I don't want to complicate my life just for a sportsbook that has odds that are not that significantly different.

Maybe this is a different understanding, to be honest, if I personally stick to a sports betting site that I think is safe for me personally, it doesn't matter what odds are offered, whether 1.90 or 2.50, I don't care about that, the point is I stick to my stance. Alone.

Moreover, currently I hold three sports betting sites that are here to place sports bets, of course the odds provided are not much different, maybe the value is greater on the sportsbook that I play at the moment, while there are easy ones why look for difficult ones.

For me there is no difference between the old and the new, after all the old and the new also provide sports betting, the odds value is also the same, if I think in this case, it is not changing the place of play, but rather how the sports bet we place can win, that is the point.

Different casinos have different promotions, perks, and events that people enjoy if they register to their platform, me being active in a sports event its good to see if the casino has the higher odds so I can enjoy my winnings and also if they are offering live games even though I cant watch at least they have their live status of the game, next is the deposit and withdrawal if it's smooth without any cases of issues, but if the casino already gave what I need seems its ideal to stick with so I don't need to get hassle with the new terms and conditions of the casino.

As marketing strategies may be concerned, most times those newly casino sites with higher odd to wager bettors are promo terms just to attract bettors and once they have achieved to gain popularity and has also be confident that those bettors has become familiar with them, then the casino odds would be reviewed to be equivalent with other casino site odd.

Considering the casinos are all reputable so we can expect that our funds are safe.

Would you still stick with one casino if they only offered 1.90 while the other offers 2.50?


Good that you have other options, because sticking with one sportsbook alone, you can't do line shopping, like getting the best value based on the betting odds. Some bettors doesn't really bother looking for other casinos even if they know the odds are higher in that casino. This tells probably that only few of us here are betting a significant money in sports, or we aren't regular bettors at all.