Best FIFA Club World Cup Betting Odds (World)
There are no matches for FIFA Club World Cup Football. Here are the odds for the past days.
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Best FIFA Club World Cup Betting Odds
The FIFA Club World Cup (Mundial de Clubes FIFA) has undergone several name changes and as many format changes since the very first Intercontinental Cup game was contested many years ago. It has also undergone plenty of changes to its format, with the latest change being the most radical and sweeping.
Initially, the tournament was called the Intercontinental Cup and featured the Copa Libertadores winners from South America and the winners of the European Cup (now Champions League) from Europe. However, due to some very violent early encounters between the two teams, the fixture was not played that often. And those that were, often found themselves mired in controversy.
By the 1980s, Japanese firm Toyota took over the organisation of the tournament and it became the Toyota Cup. The venue was switched to Japan and the format changed from a two-legged match to a single game. Furthermore, Toyota sought assurances from CONMEBOL and UEFA that their respective winning teams would play in the annual fixture. The next major change came when FIFA made the tournament open to continental cup winning teams from Africa, Asia, Oceania and North/Central America. The new FIFA Club World Cup was born, featuring these six teams, plus the champions of the host nation.
Now though, the new FIFA Club World Cup has been organised. It will now be a tournament played every four years, featuring 32 club teams and in a format that echoes the World Cup. A similar 7-team tournament called the FIFA Intercontinental Championship will still be played each year. It is the exact same tournament format as the old FIFA Club World Cup but will now operate under this new name.
If you fancy a bet on the very first new look FIFA Club World Cup, let’s take a look at what you can expect.
FIFA Club World Cup Betting Odds and Markets Explained
When betting on the FIFA Club World Cup, you need to understand two key concepts. Betting markets and betting odds.
Betting markets are simply the different outcomes that you can bet on for a certain set of occurrences happening in a game. For example, the player being the first goalscorer, or the first team to be booked, or the correct score of the match.
Different betting markets can have a different number of potential outcomes to bet on. Some betting markets have two options only (such as the Over/Under 2.5 Goals or Both Teams to Score – which are both Yes/No bets). Other markets may have many different options (such as First/Anytime/Last Goalscorer or the correct score bet for a FIFA Club World Cup match).
What you tend to find is that the odds tend to be shorter for bets with just two or three outcomes, compared to bets that have several different possible outcomes.
This brings us neatly onto odds. Odds are simply a statement of how probable a bookmaker thinks an outcome is likely to happen.
It is easiest to show this by an example. If a bookmaker states odds of Even Money (2.00) for a selection, then they reckon that it has around a 50% chance of happening. Odds of 2/1 suggest that the bookmaker thinks it has a 33.33% chance of happening, but a 66.66% chance of not happening.
Rather than using a percentage term, which isn’t any use to punters in terms of their bet, bookmakers use odds instead. This is because odds tell punters the implied probability of their selection and crucially, how much they stand to win if their selection is successful.
Bookies can use different formats for odds. Fractional (4/1, 17/2, 100/30), decimal (2.00, 4.50, 18.75) and American (+100, -200, +1200) are the most common. For beginners, decimal are the easiest to use as the calculation to work out your returns is simply the Stake x Decimal Odds stated.
How do Bookmakers calculate FIFA Club World Cup betting odds?
Now that we know the relationship between betting odds and markets, and what both are, the question now is how do bookmakers come up with odds? Are they simply created based on the number of outcomes? Perceived interest in the market?
No, all betting odds are calculated using a very complex calculation called an algorithm. This algorithm can consider a huge amount of data about that market. So, for example, if we wanted to bet on the Full Time Score market for a FIFA Club World Cup match between Red Bull Salzburg and Flamengo, the algorithm would consider several factors for both teams. Their form, how well or poorly they are defensively or in attack, whether they have key players injured or suspended, what previous games between the two have shown and much more besides.
This process will then devise a set of odds for the Flamengo to win, Salzburg to win and draw markets and then when the markets open and bets are placed, the calculation will then also consider what the amounts of money placed on each option mean for the bookmakers.
When the bookmaker’s risk on a bet is too great, then the odds will be adjusted to a shorter amount. Alternatively, if one of the markets has not attracted much interest in the form of bets, then the odds on that option may be increased to make it a more attractive bet.
So, as you can see, defining odds is not simply a single calculation. It is effectively a process which formulates initial odds, but then updates them based on market fluctuations.
It is not vital that you know how bookmakers decide upon their odds. However, it is useful to know roughly how they come up with them so you can understand clearly what the changes in a betting market you want to bet on mean.
Why are odds crucial for your FIFA Club World Cup bets?
Along with markets, odds are the fundamental part of any bet, including bets made on the FIFA Club World Cup. Without odds, markets are redundant and vice versa. They are fundamental for all kinds of bets.
But beyond that, odds are also crucial because they can be used in several ways. We know that a single bookmaker will devise odds, then change them as money is bet on that market. But every other bookmaker is doing that too. And that creates an opportunity for punters.
That is because not all bookmakers will offer the exact same odds for the same market. There will be differences, and this is why odds are crucial. Because with them, you can get better value returns for making the same bet with a different bookmaker.
All of which brings us very neatly onto our final point about FIFA Club World Cup betting odds.
Time to register with a variety of bookmakers!
As we conclude this article about FIFA Club World Cup betting odds and markets, we are now at the point of asking a simple question. How do I ensure I get the best odds for my bet most often?
It is an important question as every bookmaker has a different process for working out their odds, and bookies also have different margins on different markets. The upshot of this means that for the same market, you will often find a range of odds available for a bet.
For example, you may find one bookmaker is offering odds of 5/1 on one competing team to win the FIFA Club World Cup. However, if you look at another site, you may find odds of 6/1. Then on another, you could find odds of 7/1 or even 8/1.
So why would you want to take the 5/1 on offer? For a £100 stake on that bet, if you backed the team at those odds, you would be missing out on an extra £300, simply because you made the right bet with the wrong bookmaker!
This is one of the two main reasons why registering with several bookmakers is a good idea. The other is that you can access several potentially beneficial Welcome Offers.
These welcome bonuses often give genuine new customers some added benefits when they sign up. Often in the form of free bets or bet credits or similar. This means you get additional funds to bet with after you join, which you can use alongside your deposited cash.
Odds for upcoming matches FIFA Club World Cup:
Our current Club World Cup previews:
There are no previews at the moment for this competition
