Finding The Best Lotto Betting Odds Just Got Easier

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Note: *The following article is purely for fun. It is based on individual opinions and does not constitute advice. The drawing of lottery numbers is entirely random. Please always gamble responsibly. #Ad. Find out more on our How Our Site Works page.

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There are two things CompareTheLotto.com users love:

• Betting on the lotto (Irish, 49’s & Nifty Fifty in particular)
• Value

Today, we’re going to focus on both of these points combined. Let’s get started...

Value & Probability

The first point to make crystal clear is the difference between value and probability in relation to Lottery Betting.

• Probability: The probability of your numbers being drawn is always the same. For example, if you bet on 3 balls on the Irish Lotto, there is always 7 balls drawn from a possible 47. To win, your 3 balls must be included in this 7. The probability of this happening is exactly the same regardless of how you bet (which bookmaker you choose, online or offline, etc).
• Value: Bookmaker odds vary for the same bet, this gives us a chance for better value bets. Again, if you bet on 3 balls in the Irish Lotto (with bonus ball), you get 700/1 at Betfred but only 610/1 with William Hill. This is better value for exactly the same probability.

The Importance of Value

Often the odds are only slightly different - for example, betting on 2 balls on the Irish Lotto is 38/1 at Ladbrokes or 40/1 at William Hill - this doesn’t seem worth worrying about, right? Well, gambling is a game of margins and any way to increase your margin can average itself out over the long run. Plenty of Lottery bettors bet on lotto multiple times per week - slightly better odds can really add up over the long run.

Irish Lotto Value Table

We’ve always maintained our lotto odds tables with the latest bookmaker odds, however, we’ve never colour-coded it with value until now. We wanted to make it super simple and straightforward for you to be able to look at the odds tables and see the best value bookmaker in an instant. So, we’ve colour-coded Green = Best Odds, Orange = Average Odds, Red = Poor Odds.

Let’s take a look at the Irish and 49’s odds tables now to see how they compare:

Irish Lotto Without Bonus Ball (6 Ball)

View the full table here

Irish Lotto With Bonus Ball (7 Ball)

View the full table here

49’s Lotto Without Bonus Ball (6 Ball)

View the full table here

49’s Lotto With Bonus Ball (7 Ball)

View the full table here

Who’s The Winner?

Betfred are best odds or equal best odds for every single bet. Which, as a lottery betting customer, this is fantastic to know - you can put all of your bets on at Betfred without needing to worry about changing bookmakers to find better value.

We know from talking to Betfred that this is their aim. Betfred aim to always match the best lottery betting odds even if these are enhanced by other bookmakers.

How Can Betfred Offer This Value?

In short, the difference between the best odds and worst odds offered by bookmakers is the margin the bookmaker earns. If a bookmaker offers better odds they earn less margin on your lotto bet - in other words, Betfred will earn less for your lotto bet than say William Hill would. Bookmakers increase their odds and lower their margins to get more customers.

Offers For Extra Value

If you’re a new customer, you can also get the additional value of sign-up bonuses. We’ve highlighted on our odds tables which bookmakers have sign-up offers and which don’t (currently, only three do).

Betfred’s current sign-up offer is: