Having an account with a broker will give you many betting options to wager on and, most importantly, will give you access to the best odds in the market. For example, if you register an account with the top agent, Brokerstorm.com, you will have access to various betting exchanges and Betfair alternatives to choose from.
Such a betting exchange that offers some of the best odds in the industry is Piwi247. The payout of the platform is a lot higher than many sportsbooks, and it easily antagonizes the already high odds of the other betting exchanges. But why are the odds on Piwi247 and most betting exchanges higher than on other sites?
Betting exchanges do not operate as typical bookies do. On exchanges, you have the ability to back a result, as well as lay a result. This means that you can bet against a certain outcome. So, when you place a bet, you actually wager against another punter who put his money on the opposite result. In this way, we can say that punters act like bookmakers, and that’s why the odds are higher.
However, in this article, we will talk about the excellent payout of Piwi247. You will learn about how the odds are formed in the most popular sports and in each betting market. You will also see the differences between pre-match and live betting odds and how high the payout is in less famous competitions and events.
The Piwi247 payout per sport
Piwi247 odds have a very big advantage against the ones of the other betting exchanges. The platform is powered by Pinnacle and Betfair, the best two exchanges in the world. As a result, the prices Piwi Exchange offers are similar to those of Pinnacle and Betfair, giving a great reason to start betting on the Piwi247 platform.
The excellent payout Piwi247 offers, along with the arbitrage friendly approach, make professional bettors and high stakes players prefer Piwi Exchange for their betting actions. In addition, the trading ability punters have on Piwi Exchange attracts many punters from all over the world to come and take advantage of the high odds on Piwi247 betting site.
Football odds
Let’s start with the sport that attracts the majority of punters, football. You will be surprised to learn that the Piwi247 payout on the most popular competitions can reach 99%. This is the case usually in leagues like the English Premier League, the Spanish La Liga, the Italian Serie A, and mostly worldwide known events.
The same applies to 3-way markets and 2-way markets as well. For example, whether you choose to bet on a match winner where you have three choices (1X2) or on an over/under market with two possible results, the odds on Piwi247 offer the same payout. This happens because these events attract many bettors and the liquidity is high.
However, in competitions that are not as popular as the previous ones, the odds on Piwi247 are significantly lower. Usually, the payout is about 93-94% for all betting markets, and in some cases, it can be even lower. This usually applies to matches from countries outside Europe, like Japan, Tunisia, and others.
In live betting, not many things change. The payout remains at these high levels for the majority of games. Depending on the betting market, the Piwi247 odds offer payouts from 97 to 99%, especially when the bets come from the top leagues. We must mention, though, that when it comes to outright bets, the payout might decrease to 92-93%.
Basketball odds
When we talk about basketball, the NBA is usually the first thing that comes to mind. How do the Piwi247 odds perform in this competition? The payout here is also close to the absolute with sometimes over 99%, at least for the match winner betting market. However, on other betting markets, like over/under, the payout drops to 96-97%.
If you decide to bet on in-play NBA games, the payout doesn’t change much. You might see a slightly lower payout during the matches on all betting markets available, though. For example, the payout for a match winner can be about 98%, and for other betting markets, it might decrease to 95-96%.
However, basketball is not only the NBA. Many European competitions catch the eye of punters, especially the Euroleague. The Piwi247 odds here are not as high as the NBA ones, but they are still better than the majority of other betting sites. The payout is usually over 95%, both for in-play games and pre-match betting.
In Piwi Exchange you will also find tournaments and basketball leagues from all over the world. The Australian NBL is such an example, offering very interesting games throughout the weeks with especially high odds. Pre-match betting on these games offers a 96-97% payout most of the time, and about 95% on live betting events.
Tennis odds
Tennis is an excellent sport for betting, offering a nice variety of betting markets. However, the Piwi247 odds aren’t as high as other sports, at least for most of the matches. Usually, the odds offer a payout of 94-95%, depending on the popularity of the match. On big competitions like Wimbledon, the French Open, etc, the payout can reach the percentage of 96%.
On live matches, the percentage of the payout is almost the same. However, in matches where famous tennis players play against each other, the odds are significantly higher because of the liquidity. There, the payout can rise to 96-97%, considering all the betting markets available.
Other sports odds
On Piwi247, you will also find a huge selection of other sports. A great example is American football, and the NFL in particular. The odds in this competition can be easily compared to those of soccer and the NBA. To be more specific, you will come across many matches where the payout is 99% or more.
Another sport available on Piwi247 that offers such high odds is cricket. The payout here is also about 98-99%, whether we talk about 3-way or 2-way betting markets. The same odds apply also in live betting, making cricket an excellent choice for betting and having the maximum profit from your stakes.