Bookmaker Lope bet Casino offers players average odds, being considered an average margin company. On the market average, the percentage of margin in odds to outcomes in this company is considered to be adequate. Margin on popular events rarely exceeds 4-6%. On the other hand, ordinary championships and tournaments have margins of 6-9%. By this indicator, the bookmaker is noticeably inferior to its competitors in the market.
If we consider the margin percentage by sport, the picture will be as follows:
The situation with margins in odds for cybersports and MMA events looks different. The bookmaker company Favbet puts a margin of 6-7% on these events.
Sports
Popular Events
Ordinary competition
Football
4-6%
7-8%
Hockey
4-5%
7-9%
Basketball
5%
7-9%
Tennis
4-5%
7-8%
ММА
6-7%
9-10%
Cybersport
6-7%
The average margin for the pre-match events varies between 4-6%. For the live line it rises to 6-10%. The higher the status of an event and the harder it is to predict its outcome, the higher the margin. For instance, the margin on the Champions League Final for live betting can be as high as 10%.
This high level of margin is hard to explain. The bookmaker has no shortage of customers. Accordingly, the number of bets both in pre-match and in Favbet live betting allows to maintain the turnover at a high level. Probably such a percentage of margin is specific to Favbet India bookmaker's operations.
In order to play more conveniently, one can know in advance the margin percentage in each individual case. All you need to do is to use a formula that helps you calculate the margin for one single event by yourself.
For instance, take an event with two outcomes:
Margin = (1/K 2/K-1)x100. In this formula 1 and 2 are the outcomes and K is the odds of these outcomes.
For an event with three outcomes the formula is as follows:
Margin =(1/K 2/K 3/K-1)x100. In this case 1, 2 and 3 are the outcomes and K is the odds to these three outcomes.
This value of margin is purely theoretical. In reality the margin can be different, taking into account the status of a sporting event and the public interest in it.
Making bets on the outcome of sports events, gambling for money customers of the betting company Favbet India can both at the expense of bonuses and using their own funds.
Reminder! The betting company operates in an international format, so different currencies are accepted for casino settlements, including INR, USD, EUR, UAH, RUB, Polish zloty, Turkish lira, Swedish krona and English pound sterling.
The minimum deposit at the company is $10. The bookmaker administration recommends choosing one payment method for deposit and withdrawal. Otherwise the player will have to undergo a second verification.
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