Are you a fan of both handball and the Lidl Starligue, but you don’t have enough knowledge of odds to bet with confidence. Say goodbye to your doubts, as on this page we will reveal all that there is to know about the odds found at online bookmakers. Get ready to profit from the first division of French Handball.
First of all, what are bookmakers odds? In short, odds are numerical values given to a sports bet, which are calculated by the bookmakers themselves based on probabilities. Generally falling between 1/10 and 6/1, it is on these odds that you will place your money when making a sports wager. If, for example, you want to bet on the PSG Handball to win over Istres in the Lidl Starligue, then it is on the odds associated with the bet ‘PSG to Win’ that you will place your money (e.g. around 2/5).
To the second point, which concerns the way in which these values are calculated. Whether we are talking about the LNH Division 1, or any other sports competition, the determining factor of odds will always be the same: probabilities. Depending on the statistics and the context surrounding a match, bookmakers will evaluate the probability of an outcome to be successful in order to give an acceptable odds value to a bet. From this you can understand that the higher the probability a bet has to be a winner, the lower the odds offered by bookmakers will be. Imagine, for example, that you want to bet on a Division 1H match between PSG and Cesson-Rennes.
In this rather unbalanced fixture, in favour of the Parisians, the odds proposed on the bet ‘PSG to Win’ will be relatively low (e.g. 3/5), while those offered on the bet ‘Cesson-Rennes to Win’ will be much higher (e.g. 12/5). This can be explained by the different probabilities each side has of winning the game - with PSG being much more likely to be victorious given their superior quality. A relationship that will be necessary to remember when placing any sports bet.
We know now that odds are important because they are the basis of sports betting and will always vary according to probabilities, and that they should always be taken into consideration before betting. This is in no small part due to the fact that it is odds that determine the potential winnings of a bet, based on the formula Odds x Stake = Gains. Based on this formula you can also determine whether or not it will be worthwhile to place the bet that interests you. You would not, for example, take the risk of wagering £50 for the small return of £3, while you would probably place the bet to win £100. We can see this more clearly by considering the same example as we used above, a game between PSG and Cesson-Rennes:
By using this formula, we can see that the value of the odds quoted by bookmakers will directly determine the winnings of any sports bet - and that the higher the odds are, the more gains you will receive. In the case of this meeting between PSG and Cesson-Rennes, the potential winnings on offer will be much higher in the event of the underdogs success - which is logical considering the low probability that they will be successful. For every match of the Lidl Starligue, it will be up to you to choose the appropriate betting strategy - either to back the favourites for a lower amount of potential winnings, or to take a chance on the underdogs for a bigger jackpot at a higher risk. In our experience, we would always advise you to go for the more measured option, which is rewarding in the long run.
Now that we know why odds on Division 1H are so important - they affect the potential winnings of a sports bet, and can be used to determine the interest of a wager - we can also consider the fact that these odds values can vary amongst the different bookmakers on the online market. This will require you to compare these odds, as they will determine the amount of your potential winnings. Here, the proof is once again in the calculation, as we look again to the PSG-Rennes example:
Without too much trouble, you can see that a bet at 888sport will be much more favourable than a bet at Bet365 or William Hill in this example, as the offer higher odds (and thus higher potential gains) for the bet of your choice. By comparing odds in this way you can maximise your winnings and build your pot without risk - a difference of hundreds of pounds could be seen over the course of a season.
Finally, the last point to address before we conclude this page is that odds can vary even at the same bookmaker, based both on time and the events that surround a fixture. For the last time we will consider the PSG vs Cesson Rennes example, for which 888sport is offering 3/2 on the success of the Parisians.
If one of PSG’s key players picks up an injury in the days leading up to the match, then the probability of his teams success will decrease - leading bookmakers to increase the odds they offer on that betting market. For the bet ‘PSG to Win’, the odds could be increased from 3/2 to 7/10, adding some extra interest to the match. This scenario demonstrates the importance of always comparing odds before betting - it’s up to you now, so good game and good luck!