One newbin question

Its normal this in freebitco?
Liverpool to win in freebit @1,24

99,99% sportsbookies around @ 1,75
If i bet there in liverpool ,and if i win ,i will be paid in 24%

!!!!
Yeah that's pretty much it. I saw the results and Liverpool indeed won the round. So if you had placed your bet for Liverpool then you would have got 25% on your bet.
It must sound like a good deal but you must also know that if you lose the bet then you lose all your money.
The risk to reward ration is 3:1 which is a very bad one in my opinion.