By using our fully automated dropping odds tool you will be able to be among the first to spot which bookmakers are decreasing their odds and place your bet with another bookmaker that has not yet updated his odds and therefore guarantee you bet with value.This tool always works with the best bookmakers available to you, with the odds comparison when it comes to dropping odds allowing you to ensure you nail the best value bets before there are any odds movements and the bookies drop their odds.
What are Dropping Odds
Sports betting markets tend to be efficient and over time they become more accurate meaning that all bookmakers will be offering almost the same odds for the same betting markets. Today’s bettors are much more educated and clever and use various tools to compare odds from different bookmakers and therefore if a bookmaker has its prices (odds) incorrectly built for specific markets they will attract significant amount of people to place a bet on these markets. As a result of the large volume of stakes placed on the same market the bookmaker will shorten (decrease) the odds in attempt to balance market. When there is a sharp odds decrease we use the term “dropping odds”. To sum up dropping odds is a term that is used to describe odds that have recently shorten quite significant.
Placing value bets does not mean that the chances of winning this certain bet are bigger, it effectively means that you are having higher chances to generate positive ROI over a long period of time. If you are not fully aware of the value betting concept do not worry we covered everything in our full guide Value betting explained
You should be interested in finding odds that have dropped with at least 5% as that ensures you bet with value. By the way our dropping odds tool is cleverly developed and will not display any odds that have drooped with less than 5% which will save you lots of time.
However if you sport odds that have dropped with 15% and more per cents would most likely mean that there have been some game changing news or experienced bettors have backed that given selection with a significant amount of money which caused the odds movement. If it happens that you witness similar situation you may want to skip the additional analysis that is usually recommended and quickly look for a better price in other bookmakers and place a bet before them adjusting the price.
As the betting markets fluctuate very often it is quite clear that you can use the dropping odds as an indicator of the most recent team news and where the money is, hence derive a better view where to place value bets.We would suggest adding the dropping odds as an additional variable to your current betting strategy as it will navigate you where the value and will likely help you increase your results.
What do Dropping Odds Indicate
Dropping odds indicate that certain odds are dropping in value. The best way to explain this is by way of an example. If you were looking to back Crystal Palace against Manchester United, the odds on a Palace win may come in at around 3/1. However, as kick off edges closer there will be odds movement across all markets. In the match winner market, the dropping odds then mean that there is less value to you. It is therefore incredibly important to know what might have an impact on the odds, and what may cause football dropping odds.
These dropping odds could have been caused by increased betting volume. This means that bettors will have been putting money on one choice or another, seeing the bookmaking market swaying as it looks to account for increased/decreased demand on a player or team, with high demand seeing the odds shorten and a lack of popularity seeing the odds either stay the same or drift. This odds movement is common when there is a lot of betting interest on a certain match or market.
A change in the circumstances surrounding the game will also see odds movement, and could cause dropping odds. For example, if a manager were to leave a team, there is an injury to a key player, or a team has taken a real hammering in their midweek game before their weekend clash would odds movement and perhaps even dropping odds if that particular situation is seen as detrimental to the team.
It can be very important to do the relevant research into there may be dropping odds, with this something that may see your own ideas for a particular bet change, with the betting tips you are using also likely to need augmenting depending on the odds movement and how far the odds have dropped.
Dropping Odds Strategy Example
The way many bettors choose to exploit odds movements and dropping odds is by finding bookmakers that are slow to the uptake. This strategy is very straightforward and easy to follow. To make the most out of this dropping odds strategy, we recommend that you use the Betting.com dropping odds tool to identify where the odds have dropped.
After you have done this, you simply need to head to the same betting market that has shortened but do so on a slightly less popular or smaller bookmaker that is yet to realise this shift and implement dropping odds. You will then place your stake at the higher odds and if your bet comes in, you will be paid out at better value than if you have just blindly backed the new shorter odds with the original bookie.
You are less likely to find that a bigger bookmaker will be slow to the uptake when it comes to implement the dropping odds. This is because they will usually have a huge pool of resources to dedicate to staying ahead of the game, meaning they can perform their own odds movement at the right time.
However, a smaller bookmaker may struggle to keep up with these dropping odds in the same way, meaning you can identify the odds movement and bet at the longer odds before the bookie has had a chance to change them.
One thing to note is that you have to be willing and ready to quickly make your bet. Playing on dropping odds is a strategy that is not for those that are going to second guess themselves at the last minute. Instead, ensure that the bet is something you are sure you want to make and be ready to wager at the higher odds. If you take too long, you may miss your chance and you would then have to bet at the shorter odds.
If you are risk averse person you can extend this strategy and wait for the bookmaker where you placed your bet to adjust the odds and cash out prior the game is finished and guarantee profit. You can take this approach further and lay the selection on any exchange and again lock yourself into a position of profit. Please note this is not risk free profit, it will require lots of time at your end and as with any type of betting it does involve risk.
What Sports Do We Have Dropping Odds for
At the time of writing, our dropping odds tool provides the ability to track massive European sports like football, cricket, tennis, Esports, ice hockey, basketball and volleyball alongside sports like boxing, snooker, American football, rugby union and baseball. This range of sports that the dropping odds tool is provided for will help you to stay on top of which bookmaker is offering the best available odds for your favourite sport meaning you will always bet at the best odds.
The best way to bet on dropping odds is to ensure that you use our dropping odds tracking tool when it comes to wagering on your favourite sports. To do this, simply go to our dropping odds tracker, find the sport or game you want to bet on, and take a look at the available markets.
You will then need to work with the markets that you can see dropping odds for. For example, if a certain team were backed at 4/1 to win but you see many of the top bookies have shortened their odds to 2/1, then you will have a small amount of time to back the longer odds of 4/1 on a smaller or lazier bookie, thus increasing the potential profits you could see if your bet comes in.
The dropping odds tool is only half the battle when it comes to utilising this strategy as you need to be quick off the mark. If the tracker tells you there is serious odds movement, then you cannot second guess yourself, you need to wager quickly and effectively to ensure you get the best odds.
If you are a bettor that really likes to think through all of your bets then this strategy is not likely for you. However, if you are a punter that wants to bet with the best possible odds and you can think quickly, then there is good value to be found here.