JUE 28 DE NOVIEMBRE DE 2024 - 00:51hs.
Odds can be very profitable

Bodog explains advantages of betting on second level football championships

When it comes to betting on football, the major leagues in the world usually come to mind: Champions League, Copa Libertadores, Premier League, Bundesliga, Italian Serie A, Spanish Championship, Brasileirão, etc. In fact, these championships are the most popular in online betting due to their technical quality and very profitable odds. But second level football leagues can also be very attractive for sports betting. That's what Bodog explains in the article that GMB makes available here.

What are minor football leagues?
Although it seems obvious, let's explain what minor football championships are. We call minor championships all football tournaments with little notoriety. In this list, we can include national leagues from countries with less footballing expressiveness, such as Greece, the United States, Mexico, etc.

We can also place the championships of lower divisions like the Brasileirão Série B and the second divisions of all the main European national leagues - English, German, Italian, Spanish etc.

Why betting on second level leagues?
Maybe you're wondering: if the major football competitions have the best betting odds, why should I bet on the minor leagues? This is a very interesting question. Second level leagues typically have a higher value bet than traditional ones. And it is in this increased value bet that the bettor takes advantage.

But what is the value bet? By concept, the value bet is the difference between the odd offered on the bet and the actual probability of the event happening. There is a mathematical formula to calculate this value. For this, let's use an example:

In the next round of the Greek Superleague, PAS Giannina will face PAOK at home. According to Bodog's bets, PAOK are favorites to win (1,909), even though they are behind Giannina in the leaderboard.

 

 

To find out the probability of PAOK winning, simply divide 1 by 1,909. The result is a 52.38% chance. However, you've been studying the Greek league and found out that Giannina won't have their main player on the day of the match. With that, in his opinion, the real probability of PAOK winning rises to 70%. So, to know the value bet, just do this calculation:

Value bet = (odd presented x real probability) - 100%

Value bet = (1,909 x 70%) - 100%

Value bet = 133.63 - 100%

Value bet = 33.63%


Conclusion: according to our calculation, in this hypothetical situation, Bodog would be offering 33.63% more than the real value of the quotation. In other words, it is extremely beneficial!

Advantages and disadvantages of betting on minor leagues
Finally, learn about the advantages and disadvantages of placing bets on smaller championships.

Benefits
Better value bets than major leagues;
Possibility to increase your betting experience;
Great option to make pre-game guesses;
Chance to grow small stalls.

Disadvantages
Few news sites dedicated to minor leagues;
Difficulty finding relevant information about small teams;
Limited number of games to bet on.

The smaller championships are, without a doubt, a gold mine for those who know how to explore. It's not very simple, but that doesn't mean you can't try. In any case, it will be an opportunity to learn more about world football and have fun.

Source: Bodog