Cricket betting odds 2026: how the prices are made, and where the value hides

Updated October 2026

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Odds on a cricket match are not a market prediction. They are a market prediction with a commission already carved out. That commission — the bookmaker’s margin — is the only number on the page that does not depend on who wins, and the rest of this guide is about what sits around it. Research checked against the Gambling Commission’s public register on October 30, 2026.

What the cricket betting odds actually say

A bookmaker’s price is a number that pays a multiple of the stake when it wins, and the simplest version of it works on every market. Place a pound at decimal odds of 3.00 and the pound becomes £3 back if the bet lands; place that pound at 1.50 and it becomes £1.50. The bettor does not need to be told the winnings are separate from the stake — the decimal form already includes it. Where the winnings end up smaller than the stake the price is odds-on (below 2.00), where they match it the price is evens (2.00), and where they outrun it the bet is against an outsider.

That mechanic stays the same across formats, across tournaments and across bookmakers. What changes is the structure underneath. Cricket has three international formats, and the format determines which markets exist, how long the price holds and whether the match settles at all.

The three formats the price has to fit

A Test lasts up to five days with two innings per side and a minimum of ninety overs a day; if neither side wins, the match is a draw. The draw is a third possible result on every Test market, and it is a real result, not a contingency. One Day Internationals give each side fifty overs and a tied score is a tie. Rain can shorten the overs before the chase starts, in which case the Duckworth-Lewis-Stern method usually sets a revised target; if too few overs are bowled (usually under twenty) the match is a no result and most markets refund. Twenty20 limits each side to twenty overs and a bowler to four, and a tied match is settled by a super over. The same headline market — match winner, top batter, total runs — sits on three different fixtures depending on the format, and the markets behave differently on each.

A side has eleven players. The number matters less for the headline winner market than for player markets: a market on top batter has eleven realistic outcomes, not two or three, and a bookmaker has to set a line on each batsman before a ball is bowled.

Where the prices come from

Twelve nations hold Test status with the International Cricket Council as governing body, and the World Test Championship began its inaugural season in 2019. India won the 2026 ICC Men’s T20 World Cup, beating New Zealand by 96 runs in the final. T20 franchise leagues and bilateral series fill out the calendar between those headline events. The format a bookmaker prices most confidently is whichever one its traders see the most volume on, and the format a reader should look at most carefully is whichever one the offer terms actually cover — a free bet that expires in seven days is no use on a five-day Test, and a price boost on a one-off T20 international is a different offer to a price boost on the Hundred.

For a reader comparing two bookmakers, the price comparison is sharper on the formats that settle quickly. A T20 line moves ball by ball; a Test line moves session by session; an ODI line moves overs by overs. Where the format settles slowly the time to think matters more than the margin, because the margin does not move once it is set.

How the margin sits inside the price

A two-way market at decimal odds of 1.90 on each side (about 9/10 each way in fractional form) is the cleanest illustration. Working the math: the implied probability of each side is 1 ÷ 1.90 = 0.5263, or 52.63%. Add them up: 105.26%. That extra 5.26% is the bookmaker’s margin — the slice of every pound bet that the bookmaker keeps regardless of who wins.

Three points on what that means for the reader.

First, the margin is symmetrical only when the prices are symmetrical. Move the odds to 1.50 on one side and 4.00 on the other and the implied probabilities are 66.67% and 25%, which sum to 91.67% — the favourite has been over-priced relative to the outsider, and that is the bookmaker leaning into a view it holds. The margin is still there; it just shapes which side of the book the operator would prefer to be on.

Second, the margin is smaller on markets the bookmaker wants action on and larger on markets it has to offer but does not want to be exposed on. Player markets on a T20 league final are tighter than player markets on a low-scoring ODI bilateral; outright tournament winner markets are tighter than markets on the method of the next dismissal. Where the operator is happy to take the bet, the margin is usually lower.

The margin also varies by bookmaker. Two licensed sites pricing the same match will not show the same margin on every market. The market the reader wants is the market they should compare on, not the headline match winner.

A market with a 5% margin returns 95p for every pound bet across both outcomes in the long run. A market with an 8% margin returns 92p. A market with a 12% margin returns 88p. The band the licensed market sits in for a well-contested match winner is somewhere around 5% to 8% on the headline market, with player markets and outright markets wider. The number is never exact, and the reader who wants to check it picks the same market across two or three bookmakers and does the same calculation.

How a stake turns into a return

A winning single at decimal odds of 2.50 on a stake of £10 returns £25, made up of the £10 stake and £15 of profit. A winning treble at combined odds of 6.00 (legs of 2.00 × 1.50 × 2.00) on the same stake returns £60. The arithmetic shows multiplication.

An each-way bet is two bets of equal stake, so a £10 each-way at 5.00 is £20 on the line: £10 on the win and £10 on a place, with the place paying a fraction of the win price set by the operator. The stake doubles, not the odds. An accumulator multiplies the legs into one price, and the whole bet loses if one leg loses. An each-way accumulator multiplies legs on both halves.

What kinds of bets the licensed bookmakers run

Three shelves cover most of what an account actually clicks on.

Match result

The two-way or three-way market on which side wins. On a Test it includes the draw as a third outcome; on an ODI and a T20 it does not, and the tie is its own line. The margin on this market is the headline margin; it is the price the operator feels most confident pricing.

Player performance

Top batter, top bowler, player runs, player wickets. The price is per player and the offer covers both sides batting where the format allows. A reader who wants value on a player market is comparing the price to a recent sample of that player’s scores, not to the match-winner market.

Innings and totals

Total runs in an innings, total runs at the fall of the next wicket, method of dismissal, fall of next wicket over/under. The book sets a line and the bet is on whether the actual figure is over or under. These markets carry higher margins than the match winner, often noticeably so, because the bookmaker is offering a market it cannot easily hedge.

Outrights

Tournament winner, top run-scorer in a series, player of the tournament. The price runs for weeks and settles at the end of the event. Outrights on a long-format event are priced once and rarely re-priced, which is where the operator’s margin and the position’s view are both most visible.

Where this leaves the bettor

A reader comparing two bookmakers is comparing margins on the same market, not headline prices on different markets. A 2.00 on the favourite at one book and a 2.10 on the favourite at another is not a 5% difference in value — it is a 5% difference in payout, but only if the favourite’s implied probability is the same at both books. Where the prices differ, the bookmakers also differ in their view of the favourite’s chance. The cheapest price is not always the most generous one; the cheapest price on the wrong side of the line is the most expensive price.

The cheapest route to value is to compare the same market across the same event across two or three bookmakers and work the implied probability. That calculation is the one a reader can run on a betting slip, on the odds comparison page most licensed sites now carry, or on a printed fixture list. It is not a tip. It is the only way to see what the price actually says.

The legal frame a UK reader bets inside

A reader in Great Britain who opens an account with a licensed bookmaker is betting under a defined regulatory regime. The bookmaker is licensed by the Gambling Commission under the Gambling Act 2005, which covers England, Scotland and Wales; Northern Ireland has its own older law and is not covered by the Act. The 2014 Gambling (Licensing and Advertising) Act requires any operator whose remote facilities are used in Great Britain to hold a Commission licence wherever the operator is based. A Curaçao, Maltese or Gibraltar licence alone is not a substitute.

The Commission maintains a public register that can be searched by name, domain or account number. Every operator on this page holds a remote general betting standard (real events) licence on that register. The register is the whole test of whether a brand holds a Commission licence, and any reader who wants to verify one can do so directly; the licence numbers for the ten featured operators are listed in the comparison later in this guide.

There is no statutory list of permitted bets or markets in Great Britain. The Commission’s licence conditions and codes of practice (LCCP) and each operator’s own terms determine what is offered. In-play betting is offered by GB-licensed bookmakers under the operator’s licence conditions and customer-protection duties; there is no statutory rule that says in-play is unrestricted, and there is no statutory rule that says it is restricted. Esports are treated like any other event under a real-events licence; virtual events are a separate licence category. Novelty markets on politics, awards and television are offered by GB bookmakers and no statutory prohibition was found.

What the reader pays

Betting winnings are not taxed in Great Britain — that is the position for the player, and a professional gambler should ask HMRC or an adviser. General Betting Duty is the operator’s tax on its gross profits, currently 15%, and from 1 April 2027 a remote rate of 25% applies within it while remote bets on UK horse racing, self-service betting terminal bets, pool betting and in-person betting stay at 15%. Whether the operator passes any part of that duty on through the odds is not established in this material and is not written about here.

What the reader does not get on an unlicensed site

A reader who uses a site that is not GB-licensed does not lose any criminal protection — the offence is on the operator, not on the customer — but they do lose practical protections. No GAMSTOP coverage, no Commission complaints route, no approved dispute-resolution body, no British consumer redress if funds are withheld, and no obligation on the operator to honour the bonus cap or the £150 vulnerability check. The reader’s stake is also not protected if the operator fails. The honest framing is that licensed means checks, limits and redress, but also identity verification before the first bet, and unlicensed means none of those.

Player protection, in plain terms

Identity checks happen before a customer can deposit or gamble, including with a free bet. The bookmaker has to verify name, address and date of birth before funds leave the bank and into the book, and the check has to clear before the first bet lands. That is a Commission requirement since 7 May 2019.

GAMSTOP is the national multi-operator online self-exclusion scheme. Every GB-licensed online operator is in GAMSTOP. A self-exclusion is for six months, one year, five years or five years with auto-renewal, and after the minimum period the exclusion stays in place for a further seven years unless the customer asks GAMSTOP to remove it. The cover is for online sites and apps; betting shops use a separate scheme.

A financial vulnerability check applies at licensed remote operators when a customer’s net deposits (deposits minus withdrawals) exceed £150 in a rolling 30 days. The check is a public-record check (bankruptcy, county court judgments), not an income check and not a credit reference check. Financial risk assessments — the affordability checks reported in the press — have been announced in a staged plan with no start date at the time of writing.

Deposit limits are required to be available on every licensed operator’s site and the rules around them were tightened in 2025 with a second phase postponed to 30 September 2026. There is no state-set deposit or loss ceiling for betting; limits are the customer’s own choice.

Help is at GamCare (the National Gambling Helpline), at GambleAware, at NHS gambling clinics and at Gamblers Anonymous.

Credit cards and payments

Credit cards are banned for gambling in Great Britain since 14 April 2020, including credit-card-funded e-wallet payments. Debit cards and bank-based payments are not covered by that ban. A British named-account rule, a state list of permitted payment methods and any rule for or against cryptocurrency deposits at licensed operators are not established in this material and are not written about here. Identity verification before the first deposit means no anonymous play at a licensed site.

Advertising and bonus rules

Advertising is not licensed by the Commission; the CAP Code (non-broadcast) and BCAP Code (broadcast), enforced by the ASA, run alongside the LCCP marketing conditions. Section 16 of the CAP Code sets the social-responsibility rules on who may appear in a gambling ad and what may not be aimed at under-18s.

The promotion rules in force since 19 January 2026 cap wagering requirements on bonuses at 10x — a £10 bonus at 50x needs £500 of qualifying bets; under the cap no more than £100. Mixed-product promotions, where an offer requires gambling on two or more product types such as betting, casino, bingo and lottery, are banned. Whether the cap applies to free bets with no wagering condition, and any cap on the money value of a bonus, are not established in this material and are not written about here.

The whistle-to-whistle ban on TV betting ads runs from five minutes before a live sporting event to five minutes after it, before the 9pm watershed, since 1 August 2019, with horse and greyhound racing excluded. The Premier League’s voluntary withdrawal of gambling sponsorship from the front of matchday shirts runs from the 2026/27 season; sleeves and hoardings remain. None of this is law; all of it is industry code.

What a bonus and a free bet actually cost

A free bet is the headline offer most licensed bookmakers run for cricket. The headline is the amount of the free bet, and the cost is everything in the terms that follows.

A free bet is paid as bet credit. The stake is usually not returned with a winning free bet, so a £10 free bet at decimal odds of 3.00 pays £20 (the £20 of winnings at 3.00 minus the £10 stake that did not return) rather than £30. That is the mechanic; it is what the offer costs the reader on a winning bet.

The minimum odds are where the free bet can be placed. Most welcome free bets have a floor of around evens (2.00) on each leg of an accumulator, and around 1.50 or 1.80 on a single. A free bet at minimum odds of 2.00 on a single is a more constrained bet than the same free bet at minimum odds of 1.50.

The expiry is how long the free bet has to be used. Most welcome free bets expire in 7 days, and Sky Bet free bets are explicitly stated as expiring 30 days after crediting. A 7-day free bet on a Test match is unusable if no Tests are on in the next week; a 30-day free bet is much more forgiving on the calendar. The format a reader is betting on determines whether the expiry is a constraint at all.

The stake-not-returned rule on free bets is the rule the headline hides. A £10 free bet at 3.00 with stake returned would be worth £20 in profit on a win; with stake not returned the same bet is worth £20 of total return, of which £10 is the stake that was already given. The headline £10 is not free money on a winning bet; it is the price of admission to the bet.

Welcome offers with deposit conditions are not free bets in the simple sense. A “Bet £10, Get £10 in Free Bets” offer is a £10 real-money bet that unlocks a £10 free bet, and the £10 free bet comes with its own minimum odds, expiry and stake-not-returned conditions. The two bets are run as two bets. The £10 stake on the first bet is at risk; the £10 free bet on the second is at risk to the same conditions.

Bonus turnover where it applies

Where a bonus carries a wagering requirement (rare on cricket welcome offers, common on casino offers), the cap in force since 19 January 2026 is 10x the bonus amount. A £10 bonus at the cap means £100 of qualifying bets; a £10 bonus at 50x (the cap before January 2026) means £500. The cap changed the shape of these offers, and a reader looking at a current offer is comparing it against the current cap, not against older offers they remember.

Cricket-specific conditions

Where the offer says “free bet on cricket”, the bet usually has to settle on a cricket event. The same applies to acca insurance, where the accumulator also has to settle on a cricket event. Where the offer says “best odds guaranteed”, the rule usually applies to horse racing and not to cricket; Best Odds Guaranteed is not a cricket offer.

Mobile and app coverage

Cricket betting apps are the route most readers in Great Britain use. Apple and Google host them, the operators run them, and the experience is similar to a desktop account with a smaller screen.

The most-downloaded sports betting app in the UK is described in its own listing as bet365’s. The exact ranking of the others is not established in this material and is not written about here; the practical comparison is on the markets each app shows on a given fixture, the in-play depth and the bet builder, the deposit and withdrawal options, and the welcome offer terms. A reader who already has a desktop account can usually log in to the app on the same terms.

Apps also run the safer-gambling tools the desktop site does. Deposit limits, timeouts, session reminders, reality checks, GAMSTOP self-exclusion and access to GamCare and GambleAware are present on the licensed apps alongside the betting markets.

Live cricket betting and cash out

Live cricket betting is offered by every GB-licensed bookmaker in this guide. The format that suits live betting best is T20 — twenty overs a side, six balls an over, around 80 minutes of play per innings — because the score moves quickly enough to refresh the price and the markets are short enough to settle on the session. ODIs run longer and the price moves more slowly. Tests are a slow format for live betting; the price on a session market can sit unchanged for hours.

The markets that hold up best in-play are the ones with binary outcomes: next over total, fall of next wicket, method of dismissal, batter to score a fifty. The margin on those markets is wider than on the match winner, often noticeably so, and the price moves with the score.

Cash out is offered by most licensed bookmakers and lets the reader settle a bet before the event settles. A cash-out offer is the bookmaker’s price on the bet at that moment; it is below the full payout on a win and above the zero on a loss. The cash-out price is the bookmaker’s price and it carries the bookmaker’s margin, the same way any other price does. A reader who cashes out at 1.80 on a bet originally taken at 2.00 has locked in a smaller payout than the bet would have returned on a win, and has avoided the loss the bet would have returned on a loss.

In-play offers are subject to the operator’s terms on suspension: when a wicket falls, when the rain comes, when the over changes. The bookmaker suspends the market and the reader cannot place a bet until the new price is set. The reader cannot beat the suspension. The reader who wants in-play value compares the in-play price across two or three bookmakers before they place the bet, the same way they would on a pre-match market.

The ten verified bookmakers

Every brand in this section holds a Gambling Commission remote general betting standard (real events) licence on the public register, and every detail on its offer comes from its own terms. A licence on this list is not a recommendation. A place in this list is not a licence. Several brands can run under one licensee, and where the licence holder differs from the trading name the licence holder is named so the reader can verify the link themselves.

The table below lists the licence number, the licence holder and the operator’s own stated position on the cricket offer subject. The licence number is what the reader needs to look up on the Commission’s public register; the licence holder is the legal entity that holds the licence; the offer subject is what the operator’s own terms state about the welcome bonus, best odds guaranteed or product split.

Bet600 — racing-led, cricket on the standard board

Bet600’s Best Odds Guaranteed is on horse racing — if the starting price is bigger than the early or show price the bet is paid at the SP — and not on cricket markets. The cricket product runs as the standard in-play and pre-match board the operator offers, and the welcome offer mechanics for new customers follow the racing-heavy sportbook positioning. A racing-first reader who wants cricket on the same account will find it; a cricket-first reader who wants Best Odds Guaranteed on the cricket markets they bet on will not, because BOG is not a cricket offer.

A reader who wants to verify the licence looks up account 44731 on the Commission’s public register, which lists Tyche Tech Limited as the licence holder for the remote general betting standard (real events) category at Bet600’s domain.

bet365 — global partner, deepest product

bet365’s position on cricket sits on a wider base than most of the rest of the field. The brand is the official global betting partner of the UEFA Champions League and its app is described in its own listing as the most downloaded sports betting app in the UK. Cricket sits on the same platform as football, with Bet Builder+ available pre-match and in-play combining markets from one event, Super Boosts on selected markets, daily Bet Boosts and Winnings Boosts on Bet Builders and selected singles.

The cricket product depth — markets per match, in-play coverage, player props and outrights — is part of what the rest of the field compares against. The welcome offer and the daily price-boost rotation are at the operator’s own discretion and the reader who wants the current offer checks the operator’s own page. The Hillside (UK Sports) ENC licence (account 55148) is on the register.

BetMGM — casino-rooted sportsbook, four free bets on the welcome

BetMGM’s sports welcome offer for new UK customers who deposit £10 or more and place a sports bet within 7 days is four £10 free bets — two football accas of four selections or more and two sports multiples of two selections or more — valid for 7 days with minimum odds and opt-in required. The brand sits inside the LeoVegas Gaming PLC licence (account 39198), and the product is the merged casino-and-sportsbook offering of that group. A cricket reader who deposits and places a qualifying bet on cricket unlocks the four free bets, of which the two sports multiples are usable on cricket, and the two football accas are not.

The format of the welcome offer is a deposit-and-bet offer, not a deposit-only offer, so the £10 stake is at risk to settle the unlock. The four free bets are subject to the standard minimum-odds and stake-not-returned conditions.

BoyleSports — strong free-bet headline

BoyleSports’ sports welcome offer for UK players is £20 in free bets when a £10 bet is placed, with a separate Irish offer of €30 in free bets for a €10 qualifying bet. The headline is competitive against the field for a deposit-and-bet offer: a £10 stake unlocks £20 of free bets, doubling the qualifying stake into free-bet credit. The free bets are subject to the operator’s minimum-odds, expiry and stake-not-returned conditions, and the reader who wants the current offers reads them through the operator’s own terms.

Boylesports Enterprise holds the licence (account 39469). The cricket product is the standard bookmaker board on football’s platform.

Octobet — half-back free bet with a casino add-on

Octobet’s sportsbook welcome offer is 50% back as a free bet up to £50, plus a £10 casino bonus for new customers. The cricket half of the welcome is a 50% free-bet refund on the first settled sports bet, capped at £50, which means a £100 first bet on cricket at minimum odds returns up to £50 as a free bet, and a £40 first bet returns up to £20. The casino add-on is a separate £10 casino bonus with its own terms. The promotion rules in force since 19 January 2026 apply to the casino bonus’s wagering conditions where they apply, and the cap on mixed-product promotions bans the kind of cross-product unlock a casino-bonus offer would otherwise have run on.

Octopus Game Limited is the licensee for account 62545.

Dabble — straightforward “bet £10, get £10”

Dabble’s welcome offer is “Bet £10, Get £10 in Free Bets” on a first deposit for new customers, with minimum odds applying, a 7-day free bet expiry and the stake not returned. The headline is plain, the terms are plain, and the offer is at the lower end of the field in headline value: a £10 stake unlocks £10 of free bet, the same as the stake, on a 7-day clock. The minimum odds floor matters on cricket because a Test-match market settled 7 days later is harder to align with a 7-day free bet than a T20 market settled the same day.

Dabble Sports UK Ltd holds the licence (account 65677).

Sky Bet — long-expiry free bets on singles and each-way

Sky Bet’s free bets expire 30 days after crediting — a much longer clock than the 7-day norm on the rest of the welcome offers. The free bets can be used only on single or each-way markets (not multiples), excluding virtuals, and are non-withdrawable, with the stake not returned. The 30-day window suits a cricket reader because Test and ODI calendars usually have at least one fixture in any given month; the singles-only restriction is the cost. An accumulator reader is excluded.

SBG Sports Limited holds the licence (account 67370). Sky Bet sits on the same group licence as a wider sportsbook and gaming platform.

Fitzwilliam Sports — high-stakes welcome, capped membership

Fitzwilliam Sports describes itself as a Dublin bookmaker with capped membership, and its welcome is a “High Stakes Welcome” subject to compliance criteria. The brand also offers instant deposits, fast withdrawals, timeouts and deposit limits, and links to safer-gambling services including GambleAware, GamStop and Gamblers Anonymous. The cricket product is not specifically described on this page, and a cricket-first reader checks the operator’s own page for the current cricket coverage. The capped-membership positioning means the brand is not a mass-market bookmaker and the welcome terms are negotiated per customer rather than published on a uniform grid.

Account 48760 is held by SBKI Limited.

Kwiff — supercharged-price product, standard bookmaker board

Kwiff is licensed by the UK Gambling Commission and describes itself as a trademark operated by Spryme Ltd, with a 17+ App Store age rating. The brand’s distinctive feature is its “supercharged” pricing mechanic, which randomly boosts the odds on a placed bet; the mechanic is not a cricket-specific feature and it sits across the operator’s full board. The cricket product runs on the standard bookmaker board with the standard bookmaker markets, and a reader who likes the supercharged mechanic is using it on cricket the same way as on any other sport.

Eaton Gate Gaming Limited holds licence account 44448.

QuinnBet — racing-led product with a BOG cap

QuinnBet’s Best Odds Guaranteed applies to Irish and UK horse racing from 10:00am daily on singles, multiples and system bets, with a maximum benefit of £150 per customer per race. The cap on the maximum benefit is the practical ceiling on what BOG pays out, and a reader betting more than £150 on a single race at the early or show price would not see the SP upside beyond that ceiling. The cricket product is the standard bookmaker board.

QuinnBet (Gibraltar) Limited operates under licence account 61011.

Frequently asked questions

How does one bet on cricket?

A reader opens an account with a GB-licensed bookmaker, verifies identity (name, address, date of birth), deposits by debit card or bank transfer, and selects a cricket market. The bet is placed at the displayed decimal odds, with a stake the reader chooses; a winning single at odds of 3.00 on a £10 stake returns £30. The whole process from deposit to first bet is on a Commission-licensed site that is in GAMSTOP and runs the safer-gambling tools.

How does one place a cricket bet?

A cricket bet is a stake on a market. The example shows in this guide’s worked figures: a £10 stake at 2.50 returns £25 on a win. The market is chosen from the bookmaker’s cricket board (match winner, top batter, total runs, method of dismissal, fall of next wicket, outright tournament winner); the odds are taken at the displayed price; the stake is confirmed on the betting slip. The bet settles when the event settles or is voided under the operator’s terms.

How does a bettor win at cricket betting?

There is no guaranteed way to win at cricket betting. The bookmaker’s margin sits in every price, and on a market with a 5% margin the long-run return is 95p for every pound bet. A reader who beats the margin over a sustained sample is finding value in the price — by spotting a price the bookmaker has set too generously relative to the underlying probability — and that is a question of selection and discipline rather than a system that wins.

How can a bookmaker’s licence be verified?

Every bookmaker in this guide holds a Gambling Commission remote licence; the verification is on the Commission’s public register. A reader can search by business name, trading name, domain or account number, and the licence number and licence holder will appear alongside the licence category. The ten featured operators’ licence numbers are listed in the comparison table earlier in this guide.

How is a bet’s return worked out from the stake and the odds?

The arithmetic is the multiplication the example shows: return = stake × decimal odds, profit = stake × (odds − 1). For a £10 stake at decimal odds of 3.00 the return is £30 and the profit is £20; for a £10 stake at 1.50 the return is £15 and the profit is £5. For a combination bet (a double, treble or accumulator) the odds of the legs multiply into one price.

What is the bookmaker’s margin and how is it seen in the odds?

The margin is the slice of every pound bet that the bookmaker keeps regardless of who wins. The example shows the calculation: on a two-way market at decimal odds of 1.90 on each side, the implied probabilities sum to 105.26%, the extra 5.26% being the margin. The reader who wants to compare two bookmakers picks the same market on the same match and does the same calculation; the cheaper margin is the more generous price.

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