How much margin is taken by Bookmakers from bets placed ?

[Qwert135]

Bookmakers always charge the users with an margin that they take from the stake of the players , most of the bookmakers charge between 2-6% of the value that you are risking , if both opponents in an event are equally good in strength , then still the odds will not be 100% value which should be their they will be less and the difference accounts for the margin of the bookmakers via which they make their profits , Some platforms take a high margin while some lower , How much margin is taken by bookmakers in your opinion ?

 

[CR7]

Bookmakers typically make a profit by including a margin in the odds they offer. This margin is often referred to as the "overround" or "vig," and it is essentially the difference between the true odds of an event and the odds offered by the bookmaker. The margin varies between different bookmakers and can range anywhere from around 2% to 10% or even higher.

In general, the higher the margin, the more profit the bookmaker stands to make from a given event. However, a high margin can also make it more difficult for bettors to find value in the odds offered. On the other hand, bookmakers with lower margins may offer more competitive odds, but they may also have tighter limits or stricter policies in place.

Ultimately, the margin taken by bookmakers can vary depending on the specific event, market, and competition they are offering odds on. It's important for bettors to be aware of the margins being charged by different bookmakers and to shop around for the best value odds.

 

[ShockMaster]

Bookmakers always charge the users with an margin that they take from the stake of the players , most of the bookmakers charge between 2-6% of the value that you are risking , if both opponents in an event are equally good in strength , then still the odds will not be 100% value which should be their they will be less and the difference accounts for the margin of the bookmakers via which they make their profits , Some platforms take a high margin while some lower , How much margin is taken by bookmakers in your opinion ?

Bookmakers typically take a margin of around 5% to 10% from bets placed, although this can vary depending on the sport and the specific odds offered.