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Get the best odds by comparing, but first understand how odds work

Betting sites try to set their odds so that they can make a little bit of money on every event, no matter the result.  They do this by trying to balance the potential payouts on all sides for an event in the hopes that the stakes from the losing bets will more than cover the payouts for the winning bets. Bookmakers make money when they are left with a surplus of stake money after paying out to the winners.

To help with this balancing act, betting sites are constantly changing their odds. As such, the odds for any particular event outcome can differ significantly between bookmaker companies.  If you just want to play with one sportsbook, any of those below provide competitive odds to Qatari bettors on a regular basis.  However, given this regular disparity in the odds, if you are interested in maximizing your chance to be profitable in the long run, it makes sense to have accounts with several betting sites and to compare your potential payouts with an odds checker site like oddsjet.com before you bet.  

Why compare betting odds?  If you play with just one bookmaker, the odds are in their favour.  You need to do everything you can to get an edge in your favour and you can do this by taking the best odds on the market - shop around. If one company will pay you 20% percent more for the exact same bet, why would you take less?  If you bet with just one bookmaker, you will be forced to accept odds that will potentially pay far less than the best odds available on the market.

But just how much can odds vary between companies?  This changes on a case-by-case basis for single events. The range in odds between the highest and lowest paying bookmakers can be about 3% to about 10%.  When you enjoy combination or multiples betting, the differences can be even more significant given how the respective payouts are calculated - by multiplying event outcome odds together.

Combination and Multiples: comparing odds for big payouts:

Combination and Multiples betting is an area that can see a great difference in the available odds between online bookmakers.  

With these types of bets, odds are multiplied together for each match selection.  Here is an example for you:  Imagine you have a combination bet with four football matches.  You play with a solid bookmaker, but for these 4 matches, there is another betting site that is offering on average a 3.5% odds premium for each of these outcomes.

When you calculate the difference in potential payouts on this 4-selection combination bet, you would be missing out on a premium of nearly 15% by playing with your existing bookmaker.

The more event selections you make, the higher these premiums can be.  For combination and multiples betting, the range in potential payouts between the highest and lowest paying online bookmakers can be 10% to 50%.  If you are interested in remaining profitable over time, it certainly makes sense to compare odds and ensure that when you win, you win the most that the market will offer to you.


Comparing outright winner odds

Significant potential payout premiums can also be gained by comparing outright winner odds.  In other words, a bet on the teams that might win the English Premier League.

Every team in a given competition will have odds associated with them to win the championship.  As the odds get higher on teams down the list away from the favourites, you will notice a greater chance for difference in the odds between bookmakers.

So if you like outright betting markets and you don’t really bet on the heaviest favourites, you can compare the outright odds and often get a premium of 10% to as much as 50%.

Don’t leave these differences in your potential payouts on the table. Compare your odds before you bet.

The best odds from top sports betting sites for players in Qatar

Top Odds at Qatari Betting Sites

BetVictor is known widely in the UK for having the most competitive football odds. If football is going to be the sport on which you will focus more than any other, BetVictor must be at the top of your list.  Read the BetVictor Qatar review.

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Pinnacle Sports operates as a reduced-juice sportsbook.  This means they don’t advertise & the savings is passed back to bettors with consistently higher paying odds on all sports and offer very high limits. Read the Pinnacle Sports Qatar review.

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Unibet, headquartered in Stockholm, provides some amazing coverage of sports betting, especially with their coverage of niche sports like ice hockey.  If you like a breadth of sports, Unibet must be considered heavily.  Read the Unibet Qatar review.

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888Sport’s parent company has been online since 1997 and are listed on the LSE.  They have the most extensive array of banking methods and a wide array of betting markets for all sports.  Read the 888Sport Qatar review

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William Hill is one of the oldest names in sports betting, established in 1934 and currently traded on the LSE.  William Hill covers all sports well, but football and horse racing are definitely their focus.  So if these are your passion, take note.  Read the William Hill Qatar review

MarathonBet has been operating since 1997 and has recently exploded in popularity with growth sponsorships of top English, Scottish and Spanish football clubs.  They have moved to offer the most comprehensive football betting coverage with extremely high-paying odds, even for cricket.  

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Betway serves over 2 million account holders world-wide and offer a beautiful interface with an excellent mobile platform.  Like most top betting sites, they also offer an early cash out feature.  Betway offers great cricket and football betting.  Long-time sponsor of West Ham United FC.