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TonyBet is a fairly new sportsbook. It was founded in 2009 by the famous poker player and businessman, Antanas Guoga, also known as Tony G. Since then it has become one of the fastest growing sportsbooks and offers several other services and games besides bookmaking including poker, casino, and virtual games.
TonyBet focuses mostly on the European market and they are operating under UK, Danish, Estonian, and Lithuanian gaming licenses, allowing their services to be available to almost every part of Europe.
In a huge deal in September, 2016, TonyBet was acquired by the Swedish group Betsson for the massive amount of €6 million.
With its fresh new design, TonyBet is providing customers with plenty of different betting options as well as competitive odds quality.
TonyBet Sports Review
Money line bets for the winner of the match, along with plenty of handicap options, are available at the company. Over/Under betting markets are offered for the games where it suits.
Using the special button at the top of the website, you can bet on all ongoing live TonyBet betting markets.
Of course, Outrights are available for some of the competitions. You can bet on your favorite teams and players before the event starts using some incredible odds value.
For our eSports customers, we recommend checking our special article on TonyBet eSports betting markets and odds.
TonyBet is also offering some not so common bets such as the German Federal Election, Lithuanian Presidential Election, and the United States Presidential Election of 2020. So if you think Donald Trump has a chance for a second consecutive term, bet on it at TonyBet!
Even though the number of sports offered may appear to be a little bit low, all main sports and betting markets are covered. Fans of soccer, American football, tennis, basketball, ice hockey, cycling, and other popular sports can bet on their favorites.
In the table below, you can find a list of sports to bet on at TonyBet Sportsbook:
At the top left side of the TonyBet website, you can see the most prestigious leagues and competitions. The Premier League, Tennis US Open, EuroBasket, and of course the NFL are highlighted events. If you want to find a full list offered tournaments, you just need to click on any sport, and they will appear below it.
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TonyBet betting odds can be considered as some of the best in the sports betting region. To check their quality we will take the bookmaker’s margin as a major ranking factor. The math is pretty simple since you just need to follow this simple formula:
Using the equation we will calculate odds of the Champions League match between Barcelona and Juventus offered at TonyBet.
Barcelona is considered to be the favorite since their chances are @1.80. Draw results are @3.75 and Juventus odds @4.30. Let’s calculate the bookmaker’s margin:
(1/1.80)*100 + (1/3.75)*100 + (1/4.30)*100 = 55.55 + 26.66 + 23.25 = 105.46
The margin in this case is 5.46%. Less than 6% is awesome, and in this case the TonyBet betting odds quality is excellent. Of course, since in the soccer market we have a 3 way market and teams can finish in an even result, the equation is little bit different than other sports. If you are still wondering why bookmaker’s margin is so important, you need to know that the connection between it and the bettor’s profit is inversely proportional. In other words, the higher the margin, the lower the winnings.
In the following table, you can find the estimate margin value for each sport offered by the company:
From the table, it is clear that TonyBet is offering great odds quality for soccer, baseball, American football, snooker, and rugby.
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