Glossary
Opening Odds
Betting glossary: Opening Odds.
01
What is opening odds?
In the context of betting, opening odds matters because it changes either your expected return, your risk, or the way a market is priced. Understanding it is one of the fastest ways to become a smarter bettor.
02
Why opening odds matters
For any bettor moving past pure recreation, opening odds is a concept you’ll see referenced by tipsters, sportsbooks and betting exchanges alike. Getting comfortable with it early saves money later.