Sports betting is common in South Africa as many want to win real money. According to our betting apps list, many online betting sites are available nationwide for punters. Meanwhile, many parts of sports betting are worth consideration, and bookmaker lines and odds are good examples.
Further, bookies’ odds and lines’ quality are vital in determining if a punter will win big or lose. With adequate research of various bookmakers, you will take advantage of the best odds. Fortunately, our post today will explain betting lines and the SA sportsbooks with the best ones.
What Are Sports Betting Lines?
Betting lines are a kind of betting which involves the bookmaker setting betting odds that reveal the favorites and underdogs in the given events. Here, the favorite is handicapped to win with additional points or goals while the underdog’s handicap is reduced, generating similar odds. For instance, the favorite might be given a -5 line while the underdog gets +5.
Meanwhile, it reflects how bookmakers believe the game will end and help SA punters calculate their potential winnings. It is suitable for events with two possible outcomes, and a margin is created between the underdog and the favorite. Betting lines can reflect the expected match-winning margin, showing the spread a team is expected to win or lose with or the total amount of anticipated points or goals in a match.
Also, Betting Lines differ slightly with the type of sports, but they often have similar interpretations. The positive lines represent the underdogs, while the negative lines show the favourites. Backing the underdog provides more returns with lower stakes, just like standard odds. Finally, betting lines are released earlier, sometimes immediately after the end of the last game, and the line changes.
App With The Best Bookmaker Lines
Now that you know what betting lines are and their significance, we believe you would like to know the bookies with the best betting lines and odds in South Africa. With adequate evaluation of the bookmakers available for punters in the nation, below are top betting apps with excellent bookmaker lines.
Bet365
Bet365 is one of the best bookmakers with unique betting lines and odds. Created in 2000, Bet365 is a global brand offering rematch and live game betting options across top sports and leagues. Apart from being a reliable brand, it has multiple licenses, and the site is secured.
Meanwhile, Bet365 welcomes you with a chance to win $365 when you bet $1. Reliable and quick payment methods and excellent customer support are available. Its mobile applications work smoothly, allowing you to bet comfortably and comfortably.
Sportingbet
Sportingbet debuted in the South African online gambling industry in 2008 and has offered premium betting experience across 30+ sports ever since. It has one of the best odds and lines, whether you’re playing in-play or pre-match bet. The Western Cape Gambling and Racing Board licensed Sportingbet in SA, and it is secured.
Meanwhile, you can get up to R2000 risk-free bet on your first wager on the platform. The payment methods are excellent, and the support system is helpful.
Palacebet
South African punters can also get the best betting lines and odds when they use Palacebet. Although established in 2020, it is fast becoming bettors’ favourite due to its comprehensive sports coverage and massive markets for in-play and pre-match games. Holding the Western Cape Gambling and Racing Board license, betting on Palacebet is safe.
Palacebet welcomes you with an R50 freebet and up to R2000 deposit match. Navigating through the app is easy, and excellent customer support channels are also on standby. Lastly, deposits and withdrawals are seamless on this betting app.
How do Bookmakers Set Sports Odds and Lines?
Now that you know the South African sportsbooks to find better odds, let us look at how these bookies set these odds. A proper grasp of this will edge you closer to making betting betting decisions.
- Probabilities Calculations: Before an event starts, the bookmakers compile large amounts of data and calculate the chances of every betting market in a match coming true. These are done upfront by their compilers, analysts, and traders with the help of suitable tools. The result of the thorough examination of various data helps betting sites decide what odd or line to place on a market.
- Expected Cash Estimation: Bookmakers consider the estimated cash they anticipate circulating on betting events before concluding on odds and lines. Since they are also profit-oriented, better odds are assigned to markets with larger fund circulation.
- Adding Margin: To make a profit, betting sites add margins to their prices, and it works just like the casino game’s house. This exercise is common with all betting sites and influences the best odds in online sports betting.
Why do Betting Lines Move and Odds Change?
Whether you are a seasoned punter or a newbie bettor, you must have witnessed an increase or decrease in the odds of a market before. Have you wondered why the odds change? Read on to find your answer.
The Volume of Placed Bets
Betting actions by punters can cause a betting line or odds of an event or market change. After publishing odds, bookies follow the betting activities and try to balance things off. They reduce the odds of markets with large bets placed and slightly increase those with lesser stakes to attract bets.
New Information
Betting sites follow teams involved in an event and watch out for news that may affect the event’s outcome. For instance, if the team news comes out and a key player is missing, the odds of the team winning might increase based on how much influence the player has on the team.
Conclusion
A good knowledge of betting lines and odds and how they work is essential to a successful online betting experience. We have explained what betting lines are and disclosed some betting apps with the best lines for you. Now that you are here, we believe you have learned how odds are set and why most change. All this information will help you make better online betting choices, and don’t forget to bet responsibly.