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Sports Betting at Legzo: Odds, Markets and Live Wagers

How Many Markets Does a Top Football Game Have?

A top football game on the platform offers over 200 distinct betting markets. This extensive selection allows for a high degree of specialization in betting strategies. For context, smaller leagues typically provide between 60 and 100 markets per match.
The primary 1X2 market, representing a home win, draw, or away win, has a pre-match margin ranging from 4% to 7%. Live betting on the same outcome sees this margin increase to between 6% and 9%. This dynamic pricing reflects the evolving probabilities during a match.
This vast array of options for football contrasts sharply with sports like Table Tennis, which usually presents only 20 to 40 markets per match. The wide availability for football means bettors can find highly specific bets, potentially exploiting niche market inefficiencies.
odds, markets and Live betting
odds, markets and Live betting

Handicap 0:1 in favor of the underdog explained

The Handicap 0:1 market in football effectively gives the underdog a one-goal advantage before the match begins. This means if the underdog draws or wins the match, a bet on them with this handicap would be a winner. For example, if a match ends 1-1, the handicap result is effectively 1-2 in favor of the underdog.
This handicap type is particularly relevant in games where a clear favorite is pitted against a weaker opponent. It aims to level the playing field for betting purposes, offering more competitive odds than a straight win bet on the underdog. Unlike sports with three-way outcomes, such as Ice Hockey's regular time market, football's inherent draw possibility is factored into handicap betting.
The margin on handicap bets in football can vary, but generally falls within the 4-7% range for pre-match markets, similar to the 1X2 market. This makes it a competitive option for bettors seeking value, especially when one team is heavily favored and a handicap bet can offer a more attractive price point compared to simply backing the underdog.

Volleyball Winner 5-8% vs Set Results 8-11%

In Volleyball, the market for predicting the outright match winner typically carries a margin of 5% to 8%. This percentage represents the bookmaker's built-in profit margin over the long term. For comparison, the main market in Rugby Union also sits within a similar range of 5-8%.
Betting on specific set results in Volleyball, however, commands a higher margin, ranging from 8% to 11%. This reflects the increased complexity and number of potential outcomes within sets, offering more granular betting opportunities. This is notably higher than the 3-6% margin found on Tennis outright winner markets.
The higher margins on set results suggest that these markets are more intricate to price and potentially offer more opportunities for experienced bettors to find value. For instance, the Tennis set and game betting margin is 6-8%, still lower than Volleyball's set result margins.

Anytime Goalscorer 2.75 vs First Goalscorer 6.50

A bet on a specific player to score at any point during a football match, known as an Anytime Goalscorer, is offered at odds of 2.75 in this example. This bet wins if the player finds the net regardless of when it occurs during the game. Such markets typically have a margin comparable to other football bets.
Conversely, betting on a player to score the First Goalscorer in a match presents significantly higher odds, illustrated here at 6.50. This is due to the much lower probability of a specific player opening the scoring, making it a higher-risk, higher-reward proposition. For context, the margin on Rugby Union try scorer bets can be as high as 8-11%.
The difference in odds between an Anytime Goalscorer (2.75) and a First Goalscorer (6.50) for the same player highlights the increased difficulty of predicting the initial goal. The payout on a 10 EUR bet for the anytime scorer would be 27.50 EUR, whereas for the first scorer, it would be 65.00 EUR.

Rugby Main Market 5-8% vs Try Scorers 8-11%

In Rugby Union, the primary betting market for predicting the match outcome typically features a margin between 5% and 8%. This range is consistent with the main markets found in other popular sports like Football and Basketball, offering a competitive edge for bettors. This margin is calculated on the expected probabilities of the outcomes.
Betting on specific Try Scorers in Rugby Union, however, involves a considerably higher margin, ranging from 8% to 11%. This increased margin reflects the greater number of variables and potential outcomes associated with predicting which player will score a try, and when. This is a common trend where more specialized markets command higher bookmaker margins.
Compared to other sports, the Rugby Union Try Scorer market's margin is substantial. For example, the margin on MMA victory method bets can range from 8% to 12%, indicating that high-margin markets are a feature across various sports for more niche predictions. This makes finding value in these specific markets more challenging.
Sports, markets and margins in the betting offer
SportMarkets per MatchMarginLive BettingHighlight
Tennis120–200 Märkte bei ATP/WTA-Matches, 30–60 bei Challenger-Turnieren3–6 % im Siegermarkt, 6–8 % bei Satz- und SpielwettenjaZwei-Weg-Markt ohne Unentschieden
Cricket80–150 Märkte pro Match, weniger bei T20-Ligen zweiter Reihe5–9 % im Siegermarkt, 8–12 % bei SpielerwettenjaMarge hängt stark vom Format ab
E-Sport (CS2, Dota 2, LoL)40–120 Märkte pro Match bei großen Turnieren, 10–25 bei kleinen Events4–7 % bei CS2-Top-Turnieren, 6–10 % bei Dota 2 und NebenmärktenjaMap-Handicaps und Runden-Totals zentral
Eishockey80–150 Märkte pro NHL- oder DEL-Spiel4–7 % im Hauptmarkt, 7–10 % bei Perioden-WettenjaDrei-Weg-Markt nur in regulärer Spielzeit
Formel 160–120 Märkte pro Rennwochenende inklusive Qualifying3–5 % bei Fahrer-Duellen, 12–20 % bei Outrights auf den RennsiegerjaDuelle günstiger als Langzeitwetten
Rugby60–120 Märkte pro Spiel der großen Ligen5–8 % im Hauptmarkt, 8–11 % bei VersuchsschützenjaHandicap wichtiger als reine Siegwette
Basketball150–250 Märkte pro NBA-Spiel, inklusive Spielerwetten3–5 % bei Handicap und Über/Unter, 4–6 % MoneylinejaHandicap und Totals statt Siegwette
Boxen25–50 Märkte pro Kampf5–8 % im Siegermarkt, 9–13 % bei RundenwettenjaFavoriten oft unter Quote 1,20
Tischtennis20–40 Märkte pro Match, meist Satz- und Punktewetten6–10 %, live häufig über 10 %instantTäglich hunderte Matches, stark live-lastig

Draw Doesn't Count for Asian Handicap

Asian Handicap markets are designed to eliminate the possibility of a draw. For instance, in Tennis, while ATP/WTA matches offer 120–200 markets, Challenger tournaments typically provide 30–60. The settlement of Asian Handicap bets in these sports, unlike in Football where it can be a factor, ensures that all bets are resolved as either a win or a loss.
This market structure is a key differentiator when compared to other sports like Football, which can present over 200 markets for top games. The absence of a draw option in Asian Handicaps forces a binary outcome, differing from the 1X2 market where a draw is a potential result and carries a margin of 4-7% before kickoff.
The technical detail of 'Draw Doesn't Count' is a common feature in sports where ties are less frequent or inherently excluded by the betting market's design. This contrasts with sports like Ice Hockey, where Period bets might be more complex due to potential draws within periods, even if the main market has a 4-7% margin.

Outrights Settled Only After Months

Long-term bets, or Outrights, are designed for wagers placed on the outcome of an entire competition. These markets, often carrying a margin of 12–20%, can take weeks or even months to settle. An example of a Langzeitwette could be a bet on a championship title with odds of 8.00; a 10.00 EUR stake would yield an 80.00 EUR payout.
The settlement timeline for Outrights significantly impacts player strategy and bankroll management, unlike Live-Wetten where outcomes are immediate. For instance, a bet on a Formula 1 driver's outright win can have a margin of 12-20% and is only resolved after the season concludes, potentially many months after the initial wager.
Comparing the settlement duration, an Outright bet on a Tennis tournament winner might be settled within weeks, whereas a Football league champion bet takes the entire season. This protracted settlement period is a defining characteristic, distinguishing it from the rapid resolution of in-play markets, which adjust odds dynamically.

Volleyball Top Leagues with 40 to 80 Markets

In top volleyball leagues, the betting market typically offers between 40 and 80 distinct betting options per match. This breadth of markets provides a diverse range of wagering opportunities for enthusiasts. Such a market depth is comparable to some segments of other sports, but not as extensive as the 150-250 markets found in NBA basketball games.
While not reaching the extensive 120-200 markets available for ATP/WTA Tennis matches, the 40 to 80 markets in volleyball still offer substantial choices. These markets often include outcomes like set winners, total points, and specific player performances, catering to a variety of betting preferences among users.
The market variety in volleyball can be contrasted with sports like Rugby, where major league games usually provide 60-120 markets. The 40 to 80 market range for volleyball's top leagues indicates a solid, though not exhaustive, selection of betting propositions for each fixture.

Player bets within the 250 NBA markets

NBA basketball games can feature an impressive array of 150–250 betting markets, a significant portion of which are dedicated to player statistics. These player bets allow for wagering on individual performances such as points scored, rebounds, or assists, adding another layer of engagement beyond standard match outcomes.
The sheer volume of markets, up to 250 for NBA games, far exceeds the 20-40 markets typically available for Tischtennis matches. This extensive selection within NBA fixtures includes various proposition bets that focus on the statistical achievements of individual players, offering specialized betting avenues.
In comparison to other sports, the depth of player-specific markets in the NBA is notable. While sports like Tennis may offer 120–200 markets per match, the inclusion of player bets within that count is less pronounced than in basketball, where these often constitute a substantial segment of the total offerings.

How long until outright settlement?

The settlement of Outright bets, which are wagers on the overall winner of a competition, can vary significantly in duration. These long-term bets, often subject to margins between 12% and 20%, are typically settled only after the competition has concluded, which can span weeks or months.
For example, a bet on a Football league champion will remain unsettled for the entire duration of the league season, often spanning nine months. This extended period contrasts sharply with Live-Wetten, which are settled within minutes of the event's conclusion, regardless of the sport.
The timeline for outright settlement is a key characteristic that differentiates these bets from others. While a Formula 1 driver outright might take a full season to resolve, a Tennis tournament outright could be settled within a few weeks, demonstrating the range of durations for these long-term wagers.

How much margin does an outright cost?

Outright bets on the winner of a Formula 1 race incur a margin of 12–20 %. This is significantly higher than the 3–5 % margin found in driver-duels for the same event. The difference means that for every €100 staked on a race winner outright, the casino expects to retain between €12 and €20, compared to €3 to €5 for a driver head-to-head.
When considering outrights on the winner of a boxing match, the margin is typically between 5–8 %. This is more competitive when compared to the higher 9–13 % margin for round-specific bets. For instance, a €100 bet on the outright winner might see a €5 to €8 retention by the bookmaker, whereas a bet on the specific winning round could result in a €9 to €13 retention.
The margin on outright bets for Rugby varies, generally ranging from 8–11 % for specific categories like try scorers. This is higher than the 5–8 % margin on the main win market. For a bettor, this implies a lower potential return when targeting specific events within a game, such as predicting a try scorer, compared to simply betting on the match outcome.

Pre-Match 4-7% vs Live 6-9%

Football matches present a pre-match margin of 4–7 % in the primary 1X2 market. This contrasts with the live betting margin, which often increases to 6–9 %. For a €100 bet placed before kick-off, the bookmaker's theoretical retention is €4 to €7, whereas a similar live bet could see a retention of €6 to €9.
Ice Hockey games, particularly from leagues like the NHL or DEL, show a pre-match margin of 4–7 % in the main betting categories. During live play, this margin can rise to 7–10 % for period bets. This means that the cost of betting on live hockey, especially on specific periods, is marginally higher than pre-match betting.
Basketball, specifically NBA games, displays a pre-match margin of 3–5 % for Handicap and Over/Under markets. The pre-match figures suggest a relatively tight margin for bettors on these popular markets.

Table Tennis live: 10 percent margin overlooked

Table Tennis matches are characterised by a substantial live betting margin, which can frequently exceed 10 %. This is notably higher than the pre-match margin, typically ranging from 6–10 % across 20–40 markets per match. Bettors focusing on live table tennis should be aware that the casino's edge can be significantly larger on these fast-paced events.
The high prevalence of live betting in Table Tennis, with hundreds of matches daily, means this elevated margin is frequently encountered. For a €100 wager placed on a live Table Tennis match where the margin is 10 %, the casino retains €10. This figure can be overlooked by players engrossed in the rapid action of the sport.
Compared to other sports like Tennis, where live margins on ATP/WTA matches might be around 6–8 %, the live Table Tennis margin of over 10 % represents a distinct disadvantage for the bettor. This heightened margin on live Table Tennis underlines the importance of scrutinising the odds before placing bets on this sport.

3–8 seconds acceptance delay on live bets

Live bets are subject to an acceptance delay, typically ranging from 1 to 12 seconds, with 3–8 seconds being the most common. This delay occurs as the system processes the bet with the dynamically changing odds. For a bettor, this means a brief period where their wager is pending before confirmation.
This acceptance delay is a standard feature in live betting across the industry, designed to account for the rapid fluctuations in odds during an ongoing event. In football, for instance, the delay can extend up to 8 seconds. This contrasts with the immediate acceptance of pre-match bets.
The 3–8 second delay means a bettor might experience a slight lag between placing their bet and its final acceptance, particularly noticeable during fast-paced live action. This is a functional aspect of live wagering and not unique to any specific provider, impacting the speed at which bets are finalised.

Over 2.5 Goals: Lost at 2:0

A bet on 'Over 2.5 Goals' at odds of 1.95 would result in a payout of €19.50 for a €10.00 stake if the total number of goals scored in the match exceeds two. The net profit in this winning scenario would be €9.50.
However, this 'Over 2.5 Goals' bet is lost if the final score is 2:0, as only two goals were scored in total. A scoreline of 2:1 or higher would result in a win for this type of wager. This outcome highlights the specific condition required for the bet to be successful.
This example from the 'Über/Unter (Totals)' bet type illustrates how a bet is settled based on a pre-defined line. For a bet of 'Over 2.5 Goals', any match ending with three or more goals satisfies the condition, while any match with two or fewer goals results in a loss.

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