Fixed Odds

Fixed odds mean that the odds agreed at the time of placing a bet do not change, regardless of how the market moves later.

Once the bet is placed, both potential payout and risk are locked in.

How it works

• Odds are fixed at bet placement

• Market movements after placing the bet do not affect your wager

• Common across most sportsbook markets

Example

• Bet placed at odds 2.20

• Odds later drop to 1.90

• Your bet still settles at 2.20

Key characteristics

• Predictable payouts

• Protects bettors from adverse line movement

• Standard model used by most bookmakers

Important note
While fixed odds protect against drops, they also prevent you from benefiting if odds move in your favor after placing the bet.