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Sports betting

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Sports betting sits under the same Gambling Commission licence as the casino side, and under most of the same consumer rules, but the arithmetic a bettor faces is different. A casino edge is fixed by the game; a bookmaker edge is built into a price that moves while the market is open, which is why two bookmakers can quote the same event and not the same number.

Sports betting

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The pages in this section cover how a price is assembled, where the margin sits, which rules differ from casino rules, and what a UK bookmaker must do when a market is settled wrongly. Offers are read the same way as casino offers: by the terms attached to them, not by the figure on the banner.

Everything in this section