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The Proof;


Betfair Exchange offered the best odds on;

  • Best Odds On European Football (2019)  
  • Cricket 
  • Tennis 
  • PGA and European Tour golf (tournament winners in 2019)
  • Horse Racing (ITV racing 2018)
  • Greyhounds (UK racing since 2017)

 

Best Odds defined by one of the following metrics;

  • Lowest overrounds – Premier League, Cricket and Tennis
  • The odds of the winner of a stated event - Golf
  • The odds of all participants in a stated event – Horse Racing and Greyhounds

 

Prices compared against leading UK bookmakers and excludes enhanced prices and specials. Data collected via Betfair historical price storage, TX Odds and Oddschecker.


What is an overround?

The sum of the quoted probabilities across all selections within the market.


Why are we using the overround?

The overround shows how much margin is being taken from the market by the laying sides. As such, the lower the margin the more value to be taken by the backing side.

Betfair chargescommission on their Exchange markets?

For the purposes of this exercise we have incorporated the commission charge (5% charge on your winnings, other charges may apply to some customers).

 

Bet Odds on European Football 

What are we doing?

Comparing the average overround of football matches from the Bundesliga, Ligue Un, Serie A and La Liga based on the starting time of all matches (Match Odds only) from these competitions. Time period for matches included in the study starts from 01/01/2019 through to 31/03/2019 (inclusive).



 

Cricket

What are we doing?

Comparing the average overrounds on pre-play match odds of the main cricket tournaments/matches in 2019 so far (1st January – July 7th inclusive). The tournaments/matches included in this feed are the Bangladesh Premier League, Indian Premier League, Pakistan Super League, ICC One Day International Championship, The Big Bash and Twenty20 Internationals.  



 

Tennis Grand Slams

What are we doing?

Comparing the average overrounds on pre-play match odds of the top tennis competitions from (18th April – 16th June inclusive). The tournaments/matches included in this feed are all ATP 250, 500, 1000 and WTA 125k, International, Premier and Grand Slam men’s and women’s singles events.  

 


 

 

PGA & European Tour Golf 2019

What are we doing?

Comparing the highest price matched of a selection on the Betfair Exchange market (minus 5% commission) for pre-play bets against the highest price offered by any bookmaker at tournament start. The selections used are the winners of each event on the PGA and European Tour.


 

 

2019 ITV Racing

What are we doing?

Applies to Betfair Starting Price vs Industry Starting Price on ITV live races from 1/1/19 to 30/04/19. Exchange Win markets only. BSP is a win only calculation and cannot be used for Each Way betting purposes. BSP’s calculated with 5% commission deducted. Further charges may apply. Full terms at betfair.com

 

ITV Racing

January 1st - August 31st 2019

Number of selections

4472

Number of selections where BSP>ISP

4265

Number of selections where ISP>BSP

207

Percentage of selections where BSP>ISP

95.4%

 

UK Greyhounds

What are we doing?

The Betfair Exchange (minus 5% commission) had the best odds on all UK greyhounds since January 1st 2017. The Betfair Starting Price was compared against official industry starting prices for all runners.


Since January 1st 2017

Number of selections

489,971

Number of selections where BSP>ISP

438,362

Number of selections where ISP>BSP

51,609

Percentage of selections where BSP>ISP

89.47%

 

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Best odds on European football, cricket, tennis, golf, horse racing and greyhounds. Prices compared against leading UK bookmakers and excludes enhanced prices and specials.

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