One of the most recognised premier competitions is the National Rugby League (NRL) because it is a technical and full-contact sport. Australia’s NRL attracts global players who are passionate about the game and make the most of this platform to showcase their fiercest hits.
If you are a beginner at the betting gamble, it pays to familiarise yourself with the rules of the game, scoring, and betting odds. Relying on the safe and secure BlueBet NRL Odds allows you to make responsible and calculative moves.
Betting Options
You can indulge in legal NRL betting provided you are 18 years and above in age. The sports betting industry in Australia is fully regulated. What attracts the maximum bets is the NRL featuring 15 Australian clubs and one New Zealand club.
The NRL betting options include:
- Head to head where you back one team to beat their opponent without any handicaps
- Margin betting involves choosing a margin you think the winning team will succeed by
- Line betting considers each team’s handicap where the line places the teams at equal odds and works well in a one-sided contest.
- One team against the other or two opposing players who accumulate the most four-pointers
- Extra-time bet, considering NRL matches often go beyond the scheduled 80 minutes.
- Derivatives are a profitable option when you can predict a team’s performance early on in the match.
Understanding the Odds Formats
Odds refer to the payout you can hope to receive as a successful bettor. The different BlueBet NRL Odds formats are explained here for your easy reference:
Decimal or European Odds
The decimal odds format is popular in Australia as it allows for simple mathematical calculations. For example, a team with $2 odds or a ½ has a 50% implied probability of winning. Similarly, when a team has odds of $5 (1/5), their implied probability is 20%.
Implied probability helps you better understand the risks involved. It reflects the betting model’s required strike rate to break even at their respective odds. When the strike rate is not being met, the odds cannot help you break even.
Fractional or British Odds
As the name implies, these odds work in a fractional format. For instance, 2/5 odds indicates for every 5 units gambled, you will make a profit of 2 units on a successful bet.
Moneyline or American Odds
This style pits the favourites against the underdogs wherein if you back the former, you profit 1 unit, and when betting an underdog, you risk 1 unit. The favourites reflect a negative sign beside their number, while underdogs have a positive sign.
A number with a + sign in front implies the profit you will make on every 100 units staked. On the other hand, a – sign indicates the money you need to gamble to win 100 units.
Remember the key numbers when betting NRL, which are six and four. The former refers to the points awarded for a successfully converted try, while four points are awarded for an unsuccessful try.
Depend on leading industry professionals who are approved NRL sports betting operators and guarantee payments on winning bets.