Fixed Odds Betting

Fixed Odds Betting is a type of betting where the odds are agreed upon at the time the bet is placed, meaning your potential payout is locked in and does not change regardless of how the odds shift before the event starts.

For example, if you bet on a team at 2.50 odds, your payout remains based on that price, even if the odds shorten to 2.00 before kickoff. This differs from parimutuel betting, where payouts depend on total money wagered by all bettors.