Using Odds Comparison Tools

When you start betting on sporting events online, you will doubtless discover there are a lot of odds comparison tools out there.  These tools usually take the form of charts which list events on one side and UK betting sites on the other.  This allows you to scan down the chart to see what prices are being offered by different bookmakers.  While these charts may list obscure events, they generally list the more popular online betting sites. 

Why use these tools?  If you check out one of these charts, you will notice some incredible variation on the prices which are offered, sometimes ranging as high as 50%.  The price you pay can have a major impact on how profitable betting actually is for you.  Obviously if you have online one betting account, you cannot shop around for the best price, and an odds comparison tool would not be useful to you.  But that is exactly why you should have more than one betting account.  Imagine if you could regularly save up to 50% on your bets.  How much easier would it be to profit like you want to?

It can be tempting to just stick with one UK betting site, because you have to do research to find trustworthy sites that offer great features.  But when price can vary so much, you cannot depend on your favourite online betting site to offer you the best price every time.  If you place a lot of bets and you are currently making hundreds or thousands of dollars, you could actually be making hundreds or thousands more, simply by selecting better odds.

Many of these tools not only allow you to select any sporting event you are interested in, but also let you change the odds to any format you want.  When you are viewing the odds in a format which is intuitive to you, it is easier to spot the better odds.  Many of these tools even let you put a number of betting selections into a basket so that you can then see the combined odds on all of the selections.  This is great if you are planning to enter into a parlay or teaser bet. 

One thing you need to be aware of when you are using odds comparison tools is that some bookies charge commissions.  Whether these commissions are taken into account in the prices you are shown can vary depending on the comparison tool you are using.  Always check whether commissions are included in the prices or not before you assume that they are.  Otherwise, you may still not end up getting the best deal.

When you have accounts at several reputable betting sites, it is easy to routinely check on an online odds comparison tool to see which of your sites are offering the best odds on any given event.  Do this every time, and you will save money every time.  Over the course of a year, you will probably be surprised how much those savings add up to!