22BET ODDS: BOOKMAKER WITH COMPETITIVE ODDS

Every bettor wants the best odds in the market. For this reason, 22Bet offers realistic odds across different sporting events.

Just look at any football game on the platform and see for yourself!

Both the prematch and live odds are competitive and stable for the most part. They don’t change much, so you can easily calculate the possible return in advance.

HOW DO SPORTS ODDS WORK AT 22BET NIGERIA?

Odds represent the probability of an outcome. They tell the potential profitability of a prediction.

They are, therefore, used by bookmakers to help you understand how much you can potentially win.

It’s quite easy to understand how betting odds at 22Bet work. Imagine you are betting 100 Naira on an event with the odds of 2.00. The winning probability here will be 0.5 (divide 1 by the odd). Changing this to a percentage, you get 50%.

So, you can interpret it as: I have a 50% chance of winning here. If you win this bet, you will get 200 Naira because 100 x 2.00 = 200.

There is more to be dug into about odds, including how they calculate winnings, bookmakers’ margins, line movements and implied probability.

Nonetheless, that’s basically how they work at 22Bet.

WHAT TYPES OF ODDS ARE THERE AT 22BET? 

There are numerous types of odds available at 22Bet Nigeria. The most common ones are:

• Decimal odds
• Fractional odds
• Moneyline odds

Fractional odds (UK): Could be something like 2/1, with 2 being the potential profit and 1 being the wagering amount.

Decimal odds: Decimal odds on the other hand, are simple to understand. Just like the example given above, you just multiply the decimal odds with your stakes. So it could be something like 2.50 decimal odds x 100 Naira or any other amount to get the overall potential payout amount.

Moneyline odds (American): These are denoted as positive or negative. They are popular among American markets, though of late, they are gaining traction among Naija gamblers.

Indonesian: A combination of American and decimal odds. You divide American odds by 100 to get Indonesian odds.

Hong Kong: Displayed in decimal formats, but the numbers are lower. They use 1 as the base.

Malaysian: Presented in decimal, and the numbers are never above 1.00. They use zero as the base.

WHAT IS THE MINIMUM ODD AT 22BET TO PLACE A BET?

There is no specified minimum odds requirement to place bets at 22BET. However, in most cases, to be eligible for rewards or bonuses, you will need to place bets on events with minimum odds of 1.40.

Overall, the 22Bet odds are competitive and above average, making them appealing to most gambling enthusiasts.