An important aspect of being a successful bettor is having great knowledge about the different betting markets and odds offered by the sportsbooks. In our RedKings Betting Odds and Markets article, we are making an analysis of the company’s odds quality, betting options, and offered sports. Don’t waste more time and jump straight to our article!
RedKings has a short history dating back to 2006. Their official sportsbook, BetRedKings, was created in 2009 and has been pretty successful ever since. Even though they are new on the sportsbook market, they have a long-running and successful online poker room. It looks like they can bring this success to sports betting too.
Their betting selection section is very well developed. More than 20 sports, plenty of different betting options, and great odds quality are waiting for you at RedKings!
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The biggest diversity of betting markets can be found for soccer. Money line type of betting for the winner of the match, Asian and regular handicap, over/under betting, and in-play markets are all available at the company. Of course, for some sports you can only bet on outrights, choosing the winner of the event with many contestants before it even starts.
If we put all traditional betting markets aside, RedKings is offering some exotic or special bets. You can bet on several Australian political campaigns, BBS Sports Personality of the Year, and of course the next United States presidential election, where American President Donald Trump could face Mike Pence, according to the RedKings oddsmakers.
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It is not a surprise that you can bet on soccer, tennis, basketball, American football, cycling, volleyball, and baseball. In addition, you can place your bets on some rare sports such as biathlon, triathlon, floorball, cross country skiing, and much more. Find out the full list of RedKings sports in our detailed table:
RedKings is giving you some Quick Links on the left tab of the website. As you can see, they are highlighting some of the events offered such as the Spanish soccer Copa Del Ray, the US Open in tennis, EuroBasket, and Major League Baseball. By clicking on your favorite sport, a new tab will appear with plenty of different ongoing events and competitions for that sport. RedKings can be considered a rookie in sports betting with only 8 years history, but their betting markets and events coverage is incredible.
Now let’s take a look at the quality of the RedKings betting odds. Similar to our other sportsbooks articles, we will use the bookmaker’s margin to rate them. Why is that so? The margin value actually determines the value of what you can earn with your successful bets. And since the connection between them is inversely proportional, the higher the margin is, the lower your winnings are. To calculate it, you need to follow this formula:
And to be even more clear, we will use an example of a RedKings match between Barcelona and Juventus.
RedKings has Barcelona @ 1.75, a draw @ 3.60, and Juventus @ 4.15. Enter the odds into the formula like this:
(1/1.75)*100 + (1/3.60)*100 + (1/4.15)*100 = 57.14 + 27.77 + 24.09 = 109
In this example, the RedKings odds quality is actually not very good, because the margin value is 9%. This is a high rate, compared to the company’s competitors in sports betting area. In the following table, we have made the calculations of the margin’s value for each sport, offered at the bookie:
The average Redkings odds quality is around 9%. This is not something spectacular. However, the margin for Soccer is 5.5% and this is a great news for the fans of the game. Of course, we are highly recommending you to check the rest of our affiliates and compare the odds offered by them.
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