Quote from: GekkeBelg on October 24, 2024, 06:53:02 AM

Hey Winz, it's your own decision but why is your NBA odds margin the highest I have ever seen on Game Winner market?
I mean, 1,72 vs 1,87 on Minnesota vs Sacramento and 1,93 vs 1,67 on Oklahoma vs Denver, is that really neccessary to have such a high win margin?
0,72 x 0,87 = 0,62
0,93 x 0,67 = 0.62 meaning you keep 38% of the stakes if you bet on both teams at the same time

Most sportsbooks have 1,90 vs 1,90 on NBA, or at the very least 1,85 vs 1,85 which is considered cautious.
0,9 x 0,9 = 0,81 meaning the book keeps just 19% if you bet on both teams at the same time
0,85 x 0,85 = 0,72 meaning the book keeps 28% if you bet on both teams at the same time.

Ofcourse betting both teams at the same time is stupid and a guarantee to lose some money, but this is just an example to show how much more margin you take away from the players than other sportsbooks do.

I noticed that on other big sports like NFL and MLB you do not take so much margin away. Why the differnce with NBA then?
Are you scared of people betting on it? You don't want any action on NBA?

Thanks for bringing this up! I understand your concerns regarding the NBA odds margins and appreciate your interest in digging deeper into how they’re structured.

Firstly, let’s clarify the formula for calculating the betting margin. It looks like there was a small misunderstanding in your calculation. The correct way to calculate the margin isn’t by multiplying both odds directly. Here’s how it’s done:

The formula: (1/Home Odds) × 100 + (1/Away Odds) × 100 = Betting Margin

So, for your examples:

For Minnesota vs Sacramento with odds of 1.72 and 1.87:

(1/1.72) × 100) + (1/1.87) × 100 = 58.14%+53.48% = 111.62%

This gives a margin of 11.62%.

For Oklahoma vs Denver with odds of 1.93 and 1.67:

(1/1.93) × 100 + (1/1.67) × 100 = 51.81%+59.88% = 111.69%

Here, the margin is 11.69%.

Now, to answer your question on why the margin differs: Margins can vary between sports, leagues, and even individual games based on a range of factors. The NBA can sometimes have a slightly higher margin due to a combination of higher betting volume and the unpredictable nature of games, where fluctuations in player performance often impact the outcome. This variability sometimes leads to adjustments in the margins, which might differ from more consistent sports.

That said, we’re actively working to make our NBA odds more competitive and appealing. We aim to offer fair value across all markets, and your feedback definitely helps us refine this process.

Thanks again for reaching out, and feel free to drop us any other thoughts or suggestions you have.