All You Need to Know About Snooker Odds
New to betting on snooker? One of the most important ways you can improve your snooker betting is to understand its odds.
While snooker odds may appear complex to beginners, learning to decipher them can unlock a world of strategic betting opportunities. That’s why we have written this guide to help you understand the basics of snooker odds.
Learn how snooker odds are calculated, the best sportsbooks for snooker odds, and tips to maximize your winnings. Cue up!
🔑 Key Takeaways
- Learn how to read and interpret snooker odds.
- Learn how to find the best snooker odds.
- Uncover strategies to maximize snooker betting odds.
Understanding Snooker Odds
In terms of format, calculation, and interpretation, you will be glad to know that the odds of snooker betting are not much different from other sports. They serve two primary purposes:
- To show the bookmaker’s view of the probability of a specific outcome in a snooker match.
- To reveal how much money you need to risk winning a specific amount.
Sports betting odds generally are presented using three formats:
- Moneyline (American): This format uses the negative (-) and positive (+) signs to indicate the favorite and underdog, respectively:
- The negative sign shows you the amount you need to wager to win $100.
- The plus sign shows the amount you can win for every $100 bet.
- Fractional: Odds are represented with fractions. They show the profit-to-stake ratio.
- Example: Odds of 2/5 mean that for every $5 you wager, you can expect a $2 profit.
- Decimal: Odds show the total payout for every $1 bet.
- Example, odds of 3.50 mean that a $1 bet would yield $3.50 ($1 stake + $2.50 profit).
How to Find the Best Snooker Odds?
Finding the best snooker odds can be a game-changer for your betting experience. Here are the platforms you can consider while looking for reliable snooker odds:
- Sportsbooks: All the legitimate US sportsbooks offer competitive odds on snooker events, including FanDuel, DraftKings, Caesars, BetMGM, and more. You can access one or more of these sites as long as you reside in or visit a state with legal sports betting.
- Odds Comparison Sites: Online sites like Oddspedia, Oddsportal, and OLBG allow you to compare snooker betting odds from various sportsbooks to find the best one.
- Betting Exchanges: You can also access snooker odds from betting exchanges like BetConnect and Smarkets.
- Snooker Betting Forums: Join snooker communities like r/SnookerBetting on Reddit to get updates on snooker events and odds, analysis of upcoming tournaments, and advice from seasoned punters.
Our Pick of the Best Sportsbooks for Snooker Odds
While all sportsbooks in the US offer odds, there are sometimes differences in prices. The value and variety of snooker odds can vary from one bookie to another, making it crucial to shop around for the best odds.
Find below the best sportsbooks for snooker odds in the US.
FanDuel Sportsbook
| Welcome Offer | $200 in bonus bets |
| States Live In | AZ CO IA IL KS KY LA MA MD NY OH PA TN VA WY NC |
| Minimum Deposit | $5 |
FanDuel has a wide variety of features that set it apart from other snooker sportsbooks. The bookmaker offers competitive odds on snooker markets like the World Championship and Masters. Furthermore, it has favorable pricing for match winners and outright bets, often with industry-leading margins.
FanDuel also allows you to leverage live odds by including in-play markets and live streaming on the cue sport. Other benefits you will enjoy when you choose FanDuel for snooker betting include generous bonuses and reliable customer support.
DraftKings
| Welcome Offer | $1,000 in bonus bets |
| States Live In | AZ CO CT IA IL IN KS KY LA MD MI NC NJ OH PA VA WV WY DC |
| Minimum Deposit | $5 |
DraftKings is a top destination for snooker bettors looking for the best odds. The site offers a long list of snooker markets and betting options. You can choose from match markets like winner, handicap, over/under, and even explore prop bets like century breaks, highest break, and more.
On top of that, DraftKings provides rewarding features like same-game parlays and odds boosts, allowing you to improve your winnings with boosted odds.
BetMGM
| Welcome Offer | $1,500 back in bonus bets if your first bet loses |
| States Live In | AZ CO IA IL KS KY LA MD MS TN VA WY NC IN MI NJ WV OH DC NV PA NY |
| Minimum Deposit | $10 |
BetMGM is another leading sports betting site, providing its members with diverse snooker betting options. Its platform offers odds on various national and international events like the Scottish Open, Welsh Open, and World Snooker Championship. By signing up on the platform, you can enjoy other features like live-streaming, live betting markets with real-time snooker odds, fast payout options, and exclusive bonuses.
The best part is that BetMGM offers a loyalty program where you can earn Rewards Points and Tier Credits, which can be converted into comps for rooms, restaurants, and more at MGM Resorts nationwide.
Caesars Sportsbook
| Welcome Offer | Up to $1,000 in bonus bets |
| States Live In | AZ CO IA IL IN KS KY LA MA MD ME MI NC NJ NY OH OR PA TN VA VT WV WY DC |
| Minimum Deposit | $10 |
Caesars Sportsbook‘s snooker betting odds are among the best in the US market. More than once, I have compared odds across sportsbooks and had to settle with Caesar’s offers. You can explore several markets on the platform like match winner, total frames, correct score, and the first to three frames.
Depositing and withdrawing your funds on the platform is also a breeze with various options like PayPal, Amex, debit cards, and ACH available. Caesars also offers one of the best loyalty programs in the world, which opens you up to several perks like exclusive member pricing, vouchers, and experiences at Caesars properties.
BetRivers
| Welcome Offer | $100 as a second chance bet |
| States Live In | AZ CO IL IN IA LA MD MI NJ NY OH PA VA WV |
| Minimum Deposit | $10 |
BetRivers offers you an excellent experience with snooker betting through competitive odds and attractive bonuses. The sportsbook provides great snooker odds from major tournaments like the World Championship and the Masters to smaller events every year.
When other sportsbooks offer the industry standard of -110 or -115 on several markets, you can access reduced juice betting lines of -109 and -108 on BetRivers. The operator’s House Special daily boosts enhance odds on select snooker markets.
Key Factors that Influence Snooker Odds
Bookmakers consider several factors before determining snooker odds. These variables, to a large extent, determine the outcome of a match or tournament. Let’s look at them below:
- Recent Form: A player’s current performance or recent wins and losses can influence his odds in a snooker game. Bookmakers would typically favor a player who has consistently won recent matches or performed well in major tournaments.
- Historical Records: Bookmakers analyze a player’s past performance to assess his success in particular tournaments or performance on different table conditions.
- Example: Ronnie O’Sullivan seven-time world champion, is the most substantial favorite to win the 2025 World Championship.
- Head-to-Head Record: Past encounters between players also inform odds during their match.
- Example: O’Sullivan has a head-to-head advantage over John Higgins. One can then expect O’Sullivan to be the favorite in the next match.
- Ranking and Experience: Skill level and tournament expertise are high determinants of odds in a snooker game. Of course, the higher the rankings, the shorter the odds, especially when pitted against opponents that are lower ranked.
Major Snooker Tournaments and Their Odds
Several snooker events take place throughout the year on the domestic and international scene. Here is how to read the odds of two that have achieved recognition worldwide.
Masters Snooker Odds
The Masters is the final leg of snooker’s coveted Triple Crown, following the World Championship and UK Championship. The event held annually was launched in 1975 and is a non-ranking tournament, meaning no ranking points are awarded.
Bookmakers usually offer odds on this event across several markets like tournament outright, over/under, first frame winner, match winner, and correct score.
In the US, The Masters odds are usually presented in the moneyline format and are determined by the factors mentioned earlier.
Example: DraftKings’ Futures odds to win the Masters are as follows:
- Ronnie O’Sullivan. +260
- Judd Trump. +320
- Neil Robertson. +900
- Mark Selby. +900
- Kyren Wilson. +1000.
Snooker World Championship Odds
Launched in 1927, the World Snooker Championship is one of the oldest tournaments in the sport. It has been held annually for over 40 years at the Crucible. The ranking tournament features every best snooker players in the world.
Like the Masters, you can bet on several markets here, including session winner, tournament outright, handicap betting, and more.
US sportsbooks also display the World Championship odds using the American or moneyline format. Consider player form, head-to-head records, ranking, and injuries to win consistently while wagering World Championship odds.
Live Snooker Betting Odds
Live betting allows you to bet on a game when the match is underway. In snooker, it means you can still access wagering options after the first break-off shot. Unlike pre-match or regular betting, live snooker odds are displayed only when the game has already started.
The odds fluctuate in real time and change to reflect the current happenings in the match, which could be triggered by the current score, player performance, time remaining, and critical events like fouls or century breaks.
Live snooker odds update quickly as the action unfolds. As a result, you must be able to make quick decisions to capitalize on turning points.
Example: Consider a match between Kyren Wilson and Shaun Murphy with pre-match odds:
- Wilson: -170
- Murphy: +150
Live odds after 5 frame
- Wilson: -250
- Murphy: +200
Live odds after Wilson fouls in Frame 7
- Wilson: -180
- Murphy: – +220
Our Top Tips for Using Snooker Odds to Your Advantage
Snooker odds in themselves cannot guarantee success. Instead, you need to combine them with an effective strategy to maximize their returns. We have shown you how via our vital tips below:
- Stay Informed: You must constantly be in the know to excel with snooker betting odds. You can achieve this by following snooker news and updates. Monitor player form, injuries, and other factors that affect performance. By doing this, you can identify high-value snooker wagering opportunities.
- Compare Odds: Sportsbooks usually offer varying odds on the same snooker market. Maximize your bankroll by finding the best odds across legitimate bookmakers. I recommend using odds comparison websites like Oddschecker to save time.
- Research: Do your homework on the players to identify value bets and stay ahead of odds movements. Analyze their recent performances, historical matchups, and playing style. You should also research the tournaments, past winners, ranking points, etc. If you find researching time-consuming, try finding expert picks.
- Manage your Bankroll: It is essential to manage your bankroll while wagering snooker odds. Set a budget and stick to it. Avoid chasing your losses or getting carried away by unrealistic long odds. This will help you maintain a healthy balance while enjoying snooker betting.
So, Ready to Find the Best Snooker Odds?
Understanding snooker odds is key for increasing potential returns while betting on the sport. With the knowledge (you have gained in this article), you can identify value odds and how bookmakers arrive at the digits.
If you live in the United States and want to start betting on snooker, you are in luck; you will find several legitimate sites offering competitive odds on the cue sport. Follow our tips to increase to odds snooker, and don’t forget to bet responsibly.
And if you’re looking for the best predictions, I invite you to read our page on the best snooker picks.