Bonuses

Live betting

 Terms & Conditions

Commission

Loyalty program

 Traffic

Deposit fees

Odds formats

 Types of bookmakers

Deposit options

Profit margin

 Withdrawal fees

Jurisdiction

Sports rules

 Withdrawal options






Bonuses

Bonuses are offered by bookmakers to attract the players to betting with them. Following bonuses can be awarded:

Signup bonus

Signup bonus is given on initial deposit.

Reload bonus

Reload bonus is given on subsequent deposits.

Referral bonus

Referral bonus is awarded to players that have referred new players to the given bookmaker.

Awarded bonuses differ in size calculation and cashability:

1/ Percentual cash bonus

Percentual cash bonus is calculated as a percentual part of a deposit. It's cashable after meeting rollover requirements (usually means to wager deposit + bonus a few times).

2/ Percentual free-play bonus

Percentual free-play bonus is also a percentual part of a deposit but cashable are only the winnings, not the bonus itself.

3/ Free bet bonus

Free bet bonus is a fixed amount of money. It can be both cashable or free-play.

4/ Rebate bonus (Cash back)

Rebate bonus is calculated as a percentual part of the net losses of the player during a given period of time. It's credited back to the player's wagering account.

Commission

Betting exchanges charge a commission on winnings (usually 2 - 5% of net winnings on a market). Losers don't pay any commission. Loyal players often receive a commission discount.

Deposit fees

Deposit fees are fees applied by the bookmaker on individual deposit methods. Besides that keep in mind that some third party fees may appear (bank fees, Western Union fee etc.).

Deposit options

Deposit options are options how to transfer money to your wagering account.

Jurisdiction

Each bookmaker is given a gaming license by a certain country whose jurisdiction it comes under.

Live betting

Live (in-running) betting enables the players to bet on sport events that are already running.

Loyalty program

Loyalty program is a program for rewarding loyal players (usually collecting of points convertable to cash).

Odds formats

Odds are used for the calculation of the amount that can be won on the money wagered. Bookmakers use three main types of odds format:

EU - Decimal (e.g. 1.5, 3.25 etc.)

Decimal odds multiplied by the the stake equal the possible payout. Actual winnings equal the payout minus the stake.
Example:

Decimal Odds x Stake

= Payout

Payout - Stake

= Winnings

1.5 x €20

= €30

€30 - €20

= €10

UK - Fractional (e.g. 1/2, 11/10 etc.)

Fractional odds multiplied by the the stake equal the possible winnings. Actual payout is the winnings plus the stake.
Example:

Fractional Odds x Stake

= Winnings

Winnings + Stake

= Payout

1/2 x £20

= £10

£10 + £20

= £30

US - American (e.g. +300, -200 etc.)

There are two types of American odds:

Positive odds

Positive odds show possible winnings on 100 money units wagered.
Example:

Am.Odds x Stake x 0.01

= Winnings

Winnings + Stake

= Payout

(+)300 x $20 x 0.01

= $60

$60 + $20

= $80

Negative odds

Negative odds show how much is required to stake for winning 100 money units.
Example:

(1 + 100 / Am.Odds) x Stake

= Winnings

Winnings + Stake

= Payout

(1 + 100 / (-)200) x $20

= $30

$30 - $20

= $10

Profit margin

Profit margin describes the level of traditional bookmaker's profit. Bookmakers with a small profit margin release more money on payouts which is more advatageous for players. Profit margins displayed on our site are averages calculated from betting odds offered by a given bookmaker one hour before the start of the sporting event.
Example calculation of the profit margin:

FC Porto

3.75

Profit margin [%]

Draw

3.25

= (100 / 3.75) + (100 / 3.25) + (100 / 1.90) - 100 =

Inter Milan

1.90

= 110 - 100 = 10  → the profit margin is 10%

Sports rules

Sports rules are bookmaker's rules regarding betting on sporting events (providing mainly information when the event is official for wagering purposes).

Terms T&C Conditions

T&C must be accepted before the player is allowed to open an account with the company.

Traffic

Traffic provides infomation about the number of Internet users that visit the bookmaker's website. Traffic data displayed on our site is taken over from Alexa Internet. Following indicators are used:

Daily reach

Number of daily visitors per one million Internet users.
Example:

DR = 100  → per each million Internet users 100 of them visit the website everyday

3 months change of DR

The three-month change is determined by comparing the site's current daily reach with its daily reach from three months ago.
Example:

3m change of DR = 10%  → during the last three months the daily reach increased by 10%

Types of bookmakers

Bookmakers differ according to the way of betting they offer:

Traditional bookmaker

Traditional bookmaker is a company which sets the odds and accepts wagers on sporting events. The winnings are paid by the company, the winner doesn't pay any commission.

Betting exchange

Betting exchange is a company which brings together players who want to bet against each other. The loser pays winnings to the winner, the winner pays a commission to the betting exchange (usually 2 - 5% of net winnings on a market).

Spread bookmaker

Spread betting company makes predictions on sport events. The amount the player can win or lose depends on how correct or incorect he is.

Withdrawal fees

Withdrawal fees are fees applied by the bookmaker on individual witdrawal methods. Besides that keep in mind that some third party fees may appear (bank fees, Western Union fee etc.).

Withdrawal options

Withdrawal options are options how to transfer money from your wagering account.

GLOSSARY