Understanding betting odds is a must if you want to increase your chances of winning while betting on Winbuzz. If you are new to betting or simply have a little experience, it is always better to understand the odds better, so you can make smarter bets and risk management is always easier. In this blog, we’ll walk you through everything you need to know about reading betting odds on Winbuzz, step by step.
What are betting odds?
The numbers that are displayed as betting odds demonstrate the likelihood of an event to occur and the amount of money one could win in case it does. In short odds enable you to:
- Know the amount of money that you might win
- Determine which team/player has better chances to win
- Make judgment on whether a bet should be taken in terms of the risk and reward
On Winbuzz, betting odds are displayed in different formats, and they can slightly differ depending on the sport or market you’re betting on.
Types of Betting Odds on Winbuzz
1. Decimal Odds (Most Common on Winbuzz)
Decimal odds are the most user-friendly and are widely used on Winbuzz. Otherwise they work like this:
- Example: an odd of 2.00 is a ratio of the number of rupees that the player will receive in proportion to the number of rupees that he wagers, so, odds of 200 imply that, given a bet of 100 rupees, the recipient will receive 200 rupees (100 bet + 100 win).
- Formula:
Total Return = (Stake) x (Odds)
Decimal odds incorporate your bet in your payout thus it is easy to compute them.
2. fractional odds (also known as less common)
They take the forms of: 3/1 or 5/2. While not often used on Winbuzz, it’s still good to know what they mean.
- Example: 3/1 means you will get 300 rupees back on a 100 rupee bet (plus your 100 also).
- Formula:
Profit = Stake (Numerator/ Denominator)
3. Moneyline odds (Primarily in the United States sports)
Moneyline odds can be expressed using the minus (subtraction) or a plus (addition) sign.
- +200: A 100 bet gives you a prize of 200
- -150: To win 100 you must, then, bet 150
Winbuzz usually sticks with decimal odds, but always check the odds format in your account settings after you complete your Winbuzz login.
How to Read Odds on Winbuzz: Step-by-Step
Step 1: Log into Your Winbuzz Account
To start placing bets or even viewing the full odds market, you’ll first need to complete your Winbuzz login. Simply go to www winbuzz com or winbuzz com, enter your registered ID and password, and access your dashboard.
Step 2: Select Sport or Event
Once you log in, choose the sport of your desire which you want to bet on- such as cricket, football, kabaddi, and tennis. Winbuzz offers real-time odds and multiple betting markets for each event.
Step 3: Look at Odds On Display
The odds will be displayed beside each team or out come. For example:
- India to Win: 1.80
- Australia to Win: 2.20
This implies that India is the favorite and Australia is an underdog. When you stake 100 on India you will receive 180 in return. In Australia, you can get 220 rupees by betting on Australia.
Step 4: comparing and deciding
The greater the odds (great risk) the greater the reward. You can take this information and make a decision regarding which separate bet offers you, which is of greater value not necessarily better opportunity.
The peculiarities of Favorites vs. Underdogs
The favorite normally is the team that has the lower odds. The underdog is the team which appears as having lower chances.
On Winbuzz, this is easy to spot:
- The odds of the favorites tend to be low at less than 2.00
- Odds underdogs in excess to 2.00
Bets on the favorites grant you a lesser but more secure profit, whereas the bets on underdogs may bring huge money payoffs, in case they win.
Example: Betting on a Cricket Match Using Winbuzz
Let’s say you log into www winbuzz com and choose an IPL match:
- Mumbai Indians: 1.70
- Royal Challengers Bangalore: 2.30
In case you remain as a stake holder of 500 rupees on Mumbai Indians, you will get:
500 (Rs) x 1.70 = 850(Rs)
Suppose you bet on 500 on RCB, you will get a return:
2.30 x500 (Rs) = 1150(Rs)
As you may observe, betting on the underdog will attract a larger payoff but it has a greater risk point.
Want to learn how to use these odds in real-time games? Check out our detailed guide on how to bet on live cricket matches using Winbuzz
Odds Tips to Be on Your Favour
Tip 1: What to Look for Value
Having favored teams does not imply that the odds are worth wagering on. Sometimes, an underdog can bring greater value on your money back particularly on close matches.
Tip 2: Markets comparison
There is a lot to bet on with Winbuzz – how many runs, wickets there will be, or which team scores first. These markets are some of the markets which can possess better probabilities than merely putting money on winner of the match.
Tip 3: Use of Live Betting Sensemble
As the game progresses, the odds that are given by the bookies will change. These are updated in real time and therefore just watch out as the odds change in your favor.
What Makes Winbuzz so Good to Read and Use Odds
- Simple User Interface: All the odds are shown clear
- Multi Sports Markets: From cricket to kabaddi
- In Play Odds Updates: Enables making intelligent betting in real time
- Fast Login Access in Quick Winbuzz: You simply give your ID and you access it.
Winbuzz makes odds easy to read and to use whether you are new or an expert.
Final Thoughts
Try reading the betting odds on the Winbuzz and you will realize that it is not that hard after you master the basics. Odds assist you in determining the amount of money you can win and the amount of risk a bet can hold. Winbuzz is a very good site to bet in sports in India because of its salient features such as decimal odds, live updating progress and its ease of having a Winbuzz log in.
It is also important that you always bet responsibly, especially at odds and at stake that you might probably afford to lose.
