We calculated the margin for Betgoodwin by analyzing the odds they offer and placed them into one of the following three categories:
From 1% to 5%: Good value
Over 5% to 7%: Average value
Over 7% to 10%: Poor value
We analysed the odds for the match result outcomes and also the over/under 2.5 goals markets for several different football leagues. By getting the average results using this method, we were able to obtain the margins for each league and the overall betting margin for the bookmaker.
Betgoodwin has an overall average margin of 5.99% for football and falls in the average value category. In the first section with Premier League and Championship, the margin is at 4.88%. The second section with Spanish La Liga and Italian Serie A, the margin is at 5.91%. Finally, taking the leagues from the rest of the world into account, the margin is at 7.17%.