IN BETTING TERMS, WHAT IS AN OVERROUND? LET’S TAKE A LOOK
When placing a bet on a market on Matchbook, you may have noticed that there are two percentage values above the odds and wondered what they are.
This is called the overround.
So what is an overround?
Overround is the sum total of all the odds on the outcome of an event.
The probability of each result adds up to 100% but bookmakers make their profit by adding margin to the odds and their overround offering is always well above 100%.
Bookmakers don’t show you their overround but at Matchbook you can see it on every market and it’s generally quite close to 100%, offering you the best value around.
We just take a small commission on your winnings.