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EFL Championship Odds: The Basics

Welcome to the dynamic world of EFL Championship odds, where passion for football meets the thrill of betting. As one of the most popular sporting events globally, the Championship captivates football fans and punters alike with its intense rivalries and captivating matches. 

The Championship is often dubbed the most competitive league in world football. Carrying a lucrative prize of promotion to the Premier League, it attracts a massive audience for a second-tier competition. Renowned for its competitive nature, betting odds for the Championship offers a plethora of betting markets, catering to every preference and strategy. From traditional match outcomes to more specialised bets like goal scorers and halftime results, the options are limitless. 

Additionally, the availability of live odds adds an extra layer of excitement, allowing bettors to immerse themselves in the action as it unfolds. Explore the endless possibilities of betting odds for the EFL Championship and experience the adrenaline rush of predicting outcomes in one of the world’s most competitive football leagues. 

EFL Championship Odds Markets

The Championship offers a wide array of betting odds to choose from. With traditional match outcomes to more exotic bets like first goalscorer and various bet builders, there’s something for every football enthusiast. 

Here’s some of the most popular odds markets for the Championship:

  • Match Result: Betting on the outcome of a match. 1 = home, X = draw, 2 = away.
  • Over/Under Goals: Predict if the number of goals is over or under a certain line, for example over/under 2.5 goals. Check out our guide on over and under betting.
  • Both Teams to Score (BTTS): Betting on whether both teams will score at least one goal in the match or not.
  • Draw no Bet (DnB): Predicting if the home or away team will win the match, with a draw not counting and instead returning the stake to the player.
  • Handicap: Odds that level the playing field between teams of differing abilities. Most commonly displayed as for example +1.5/-1.5 for either team. Asian handicap is a popular variation of these types odds.
  • Correct Score: Predict the exact final score of a match.
  • Accumulator Betting: An accumulator is one bet made up of multiple selections (also called legs), all of which need to come in for the bet to win. The potential return is much higher because the return (and returned stake) from the first leg becomes the stake for the second leg, then the return (and returned stake) from the second leg becomes the stake for the third leg and so on. Punters can place a number of Championship matches on an accumulator. Check out our guide to ACCAS.
  • Live Betting: Live betting, also known as in-play betting and in-game betting, has grown in popularity and is a major part of online betting Live betting/in-play betting allows punters the opportunity to place in-game bets on sports. Bettors can monitor the action and place bets accordingly, with the odds shifting to the event in real time. Most bookmakers will have live betting available for the Championship. Check out the best live betting sites in the UK.

Odds for the EFL Championship offer everything under the sun, and which market to choose is up to you.

How betting odds for the EFL Championship work

Championship odds are provided in many different shapes and sizes, but there’s three major ones you will encounter.

  • Fractional Odds: The most common way to display odds in the UK for the Championship. This odds type represents the ratio of the potential profit to the initial stake. For example, odds of 5/1 mean that for every £1 wagered, the potential profit is £5, plus the return of the original $1 stake if the bet wins.
  • Decimal Odds: Most commonly used in Europe outside of the UK: Decimal odds represent the potential return on a bet, including the original stake. For example, odds of 5.00 mean that a £1 bet would return £5 in total, including the stake.
  • Moneyline Odds (American): Used mainly in the US. These odds indicate how much profit you would make on a £100 bet if your selection wins. For instance, odds of +200 mean you would win £200 profit on a £100 bet if successful, while odds of -150 mean you would need to bet £150 to win £100 profit.

Betting odds for the Championship reflect the likelihood of certain outcomes to occur in matches, and UK betting sites will most often display them as fractional odds. Understanding these odds is the key to success for bettors, as they can evaluate the potential return compared to their own understanding of the outcome occurring. 

Finding the best odds for the Championship is crucial for long term success. Even the smallest difference in the odds provided will over a long period of time make a substantial difference. That’s why we always aim to provide you with the best odds available for the Championship at Betting.com.

How EFL Championship Betting Odds are determined

When betting sites decide odds for Championship matches several factors contribute to their overall judgement. Here’s a list of some of the most important factors that help assigning probabilities to different outcomes:

  • Team Performance: Current form, historical performance, and squad strength play a significant role in determining odds. Teams with a strong track record and in-form players are often favoured with lower odds.
  •  Injuries and Suspensions: The absence of key players due to injuries or suspensions can impact a team’s chances of success. betting sites adjust odds accordingly to reflect the potential impact of missing players.
  •  Home Advantage: Home teams typically enjoy a statistical advantage due to familiar surroundings and support from fans. As a result, odds may favor home teams slightly compared to their away counterparts.
  • Schedule:The Championship is an unforgiving league with a tough schedule. Teams who lack strength in depth can, at times, fall away. 
  • Head-to-Head Statistics: Previous encounters between teams, including recent matches and overall historical records, are considered when setting odds. Teams with a history of dominating their opponents may have lower odds.
  • Motivational Factors: The relegation battle can often impact Championship betting odds. If a team is already mathematically relegated for the upcoming season, their motivation is for obvious reasons hurt, and as such their odds will drift. Likewise, if towards the end of a season, a team can neither rise or fall in the standings, motivational factors will impact the odds provided by betting sites.

These factors, among others, are carefully analysed by betting sites to provide accurate and competitive odds for Championship matches, guiding bettors in their decision-making process.

As a bettor our job becomes to analyse the Championship betting odds provided, and beat them. If we can correctly apply the factors above, while the betting sites might have overlooked it, we have a value bet on our hands and it’s time to strike.

Outright/futures odds for the Championship

EFL Championship outright odds offer an enticing opportunity for bettors to predict the season-long outcomes, such as the winner of the Championship or the top goal scorer. These odds encapsulate the season’s narrative, reflecting teams’ overall strength, transfer activities, and managerial strategies. Here’s some of the most popular outright betting odds markets for the Championship:

  • Championship Winner: The most popular outright odds market for most leagues, where the aim is to predict the overall champion at the end of the season.
  • To be promoted: Betting on a team to be promoted to the Premier League is a popular market.
  • To make the play-offs: Betting on a team to end the season in a playoff position is a very popular odds market for the Championship.
  • Relegation: Predicting a team to get relegated is another popular odds market for the Championship. Usually it’s possible to bet on this all the way until the last week’s of play.
  • Top Goalscorer: Predicting the top goalscorer for the season is always a popular market, and adds excitement throughout the whole season.

Throughout the season, outright odds for the Championship  fluctuate in response to team performances, injuries, and other influencing factors. Whether backing perennial favourites or seeking underdog triumphs, outright betting adds an extra layer of excitement to the Championship experience

With each match contributing to the unfolding drama, outright odds capture the essence of football’s unpredictability, enticing bettors to speculate on the eventual victors and standout performers of the Championship season.

Betting.com Insights

To be able to fully utilise the best EFL Championship odds, you need to look beyond the surface statistics and pay attention to some of the finer details. Our team at Betting.com analysed data from over 20 seasons, just to find some lesser-known indicators that might help you score that lucrative winning slip. Here’s what you have to pay attention to:

  • Keep track of your betting stats. Whilst this is mostly unrelated to the games themselves, it’s essential that you keep track of your performance. Input every bet you place, with or without a particular bookmaker bonus. Track your performance both with and without betting tips.
  • Look for injury-prone players. This is especially important for futures, but rarely can you see a tipster paying attention to this. If a strong team has injury-prone defenders or strikers, that’s a red flag and you should think twice about taking the plunge. If you have a bookmaker offer at your disposal, then you can take the risk.
  • Determine how a new transfer fits. Watch the player’s highlights and scouting videos from his previous team and cross-reference it with the Championship squad’s tactics. You can also consider the coach as a factor. Is he willing to adapt to the player or will he force the player to adhere to the system?
  • Scout the youth squad, too. If a team has hit a slump and your tips have disappointed you, you can prepare for the rest of the season by scouting their U-18 and U-23 teams. In case the team continues doing badly, the coach will attempt to insert the youngsters just to see what happens. Talented young squad players can make an impact, which puts you in a great position if you’ve placed bets on futures. However, be wary of potential flops, as it’s impossible to correctly predict a player’s performance at the next level.

Check out the best betting sites in the UK with Betting.com.

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Frequently Asked Questions

BetUK, SBK and bet365 are three of the betting sites who consistently offer attractive odds for the EFL Championship.

Any UK bookmaker worth their salt will offer odds on the Championship. There are usually plenty of markets, features and betting options to choose from. Check out our toplist of the best EFL Championship Betting Sites in the UK to find a bookie that suits you.

Check out the best EFL Championship betting sites to find the latest Championship odds. You can also keep up to date with Championship odds here at Betting.com.

Chris

Chris is a former athlete and a qualified PE teacher. He is a keen football fan, watching many matches at different levels throughout the season, and enjoys following many different sports. With betting and sports sites, he has a keen eye for detail and can to highlight positives and negatives for users. His experience in sport as a performer, teacher, writer and fan allows him to see things from many different perspectives.

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