Operating outside the Gambling Regulatory Authority of Ireland means being able to deliver very competitive odds

Although the company is still relatively new to the sports betting market, MrXbet has gone to great lengths to quickly earn the confidence of bettors. The guarantee of placing bets with a trustworthy bookmaker whose professionalism is impeccable makes the great odds that MrXbet is able to offer an even better reason to give them a try. In addition to their extensive selection of sports events as well as types of bets, whether they’re live or pre-game, the exceptional odds that MrXbet boasts is one of the key advantages on which the company has built its reputation.

Example of a live match

You probably are already aware that the odds provided by GRAI-licensed bookmakers are less and less appealing and don’t seem to differ very little from one operator to another. And for good reason, besides the burdensome taxes imposed by online gaming regulating authorities there’s also the fact that some bookmakers show a real lack of originality when it comes to refining their odds.

In its effort to attract more or more customers and still earn a profit, MrXbet strives to offer odds that are as good or better than any of best sports betting sites around. To do this the company uses advanced statistical analysis tools and applies a reasonable downstream margin so that it can ultimately guarantee an attractive rate of return.

In practice, this kind of formula allows the odds to be brought closer in line to industry standards and so it’s very encouraging for those bettors seeking to maximize the returns from their wagers. By choosing MrXbet, players can be sure that they are betting with odds in the average range of what is currently found on the international market..

Obviously, not all the sports, events and types of bets in MrXbet’s lineup are given the same importance. Like many other bookmakers, MrXbet has made football the leading sports discipline in its roster and provides, in addition to a wide range of events and kinds of bets, some of its best odds on football games. It’s also worth mentioning that 1x2 bets and bets on high stakes matches, where the most competitive odds are applied, can have a payout rate that sometimes exceeds 90%.

Margin calculation

As an example let’s take this match between Wolfsburg and Koln from Bundesliga 2019/2020 (screenshot taken when this post was written on August 17, 2019).
MrXbet’s margin is:

  • (1/1.92)+(1/3.5)+(1/3.80)= 1.06970...
  • This means a margin of 6.97%, therefor a payout rate of 93.029%

As a result of a renewed interest in gamblers, sports like tennis and basketball can now also deliver good odds. In general, MrXbet is to be praised for intensifying its efforts to improve its odds which are already some of best in the industry.

Players should be aware in advance that MrXbet’s platform calculates winnings based on the European odds (or decimals) system. Fortunately, gamblers from Ireland shouldn’t have problem with this format since it’s the most widely used in the country.