The Basics of EPL Odds and Bets

American odds are centered around winning or betting $100, although you don't necessarily need to use this specific amount of money. The numbers are often three digits, although they can go to four or more. These odds don't always indicate the implied winning probabilities, but they can help set your expectations on the possible outcomes.

Reading EPL Betting Lines

EPL betting lines will either have a plus or minus sign in front of them. Odds that use a plus sign indicate that the team is the underdog, while those that use the minus sign indicate that the team is the favorite. The favored bets are used to show the amount you need to bet to win $100. With the underdog bets, you will see the amount you would win if you wagered $100.

How are winnings calculated

The winnings are calculated differently depending on the sign in front of the odds. If they have a plus or positive sign, you should divide the odds provided by 100, and then you can multiply the product by your wager. To calculate possible winnings with negative odds, you should divide 100 by the odds provided. Then you can multiply the result by your wager.

Important things to consider when Betting on EPL in Canada

Canada's gambling laws have historically been complex and confusing, but they have recently been streamlined. Provincial authorities in the country regulate sports betting. In most places, the legal gambling age has been set at 19, but a few provinces have lowered it to 18.

Premier League betting sites in the country have to get licenses from provincial authorities. However, residents can still sign up on offshore sportsbooks as there are no penalties for using unregulated services. When choosing an online betting site, you have to check whether they have online gambling licenses. Such sites will not scam you and will operate fairly. Also, ensure that the sportsbooks have fair betting rules.

Types of bets you can find

Online betting sites offer English Premier League odds on many different markets. You can compare these odds on different top Canada sportsbooks to ensure that you get the highest prices. Let's look at some of the most popular bet types in online sportsbooks.

Moneyline

Moneyline bets require you to back the team that will win the Premier League match. For example, you can bet that Manchester City will win a match against Manchester United.

Spreads

Sportsbooks set spread betting lines to even out the playing field. For example, if Crystal Palace has a -2.5 spread against West Ham, it means Crystal Palace needs to win by at least three goals. Otherwise, the sportsbook will treat West Ham as the winner of the Premier League match.

Totals

With the Premier League totals odds, you can predict the number of goals that will be scored. For example, if the site sets the totals at a threshold of 2.5 and you place an 'Over' wager, the teams have to score a combined total of 3 or more goals.

Parlays

Parlays are made up of multiple small wagers, and they are also known as multi-bets or accumulators. With these betting markets, all individual wagers have to win for the parlay to pay out. If any of the bets fail, your entire parlay will be settled as 'Lost'. A notable advantage of parlays is that they offer very high payouts.

Prop bets

Prop bets or proposition bets are wagers that cover the occurrence or non-occurrence of an event. These bets aren't linked to the final score of the Premier League match. A common prop bet in this event is the chance that both teams will score one or more goals.

Future bets

Futures bets are quite popular in the Premier League as they can be very lucrative, particularly towards the start of the tournament. These bets cover events that will take place at the end of the Premier League. Let's look at some popular futures bets.

EPL Outrights odds

With the outright odds, the bettor has to predict the winner of the Premier League. The quality of these odds will keep going down as the league progresses as it will get easier to predict the possible winner. Leicester City won the 2015/16 Premier League with starting odds of +500,000.00.

EPL Player of the season odds

The Player of the Season award is given to the most outstanding player during the Premier League season. You can place a bet on the player you think will win this award.

EPL Young player of the season odds

The Young Player of the Season award is granted to the best player of the season who is aged 23 or younger. This is a relatively new award, but many sportsbooks and sports betting apps offer bets on it.

Comparing Premier League Odds on Oddspedia will Benefit You

Oddspedia is the best odds comparison tool since it features a wide range of sportsbooks and betting markets. To compare soccer odds on this site, you just have to select a match and click on a bet type. Oddspedia has quick links to the listed betting sites, so you don't need to type in the URLs of the sportsbooks.

Odds Comparison increases your winnings

Different sportsbooks offer different levels of odds for EPL matches. By using the odds comparison service at Oddspedia, you can easily find the betting sites with the highest odds and take advantage of them. Sportsbooks with very high odds are always listed first, and this further makes your work easier. You should note that the odds change consistently, and Oddspedia updates them as soon as they shift.

Oddspedia provides the best Premier League betting odds for Today

Users of Oddspedia can access odds from more than 80 sportsbooks, and they can easily keep track of the line movements. The site supports more than 100 betting markets. You can switch across different betting markets using the drop-down menu provided. It is worth noting that all sportsbooks listed at Oddspedia have licenses from reputable bodies.

Oddspedia also displays sportsbook bonuses and promotions from different betting sites. We made separate rankings with Ontario betting sites and reliable Ontario betting apps that comply with local laws, especially for bettors from this geolocation.