JILICC Betting Odds Compared: Bet Types, Margins and Payout Tables

Bet types are not just different questions about a match; each carries its own pricing, risk and settlement quirks. JILICC lines up the main sportsbook markets in tables so an experienced bettor can check the numbers before a PBA, NBA or football slip goes in.

The Main Bet Types Side by Side

Bet typeWhat winsPossible resultsTypical sports
MoneylineTeam or fighter wins outrightWin or loseBasketball, boxing, tennis
1X2Home win, draw or away winThree outcomesFootball
Point spread / handicapSide covers a points or goals lineWin, lose, or push on whole linesPBA, NBA, football
Asian handicapHandicap using half and quarter linesFull or half win or loss, or pushFootball
Totals (over/under)Combined score above or below a lineWin, lose, or push on whole linesMost sports
Both teams to scoreEach side scores at least onceYes or noFootball
ParlayEvery leg on the slip winsAll legs win or the slip losesMulti-game slips

Market names, available lines and settlement rules vary by operator, so read how overtime, extra time and void matches are handled before betting.

Reading the Margin Hidden Inside a Price

Implied probability is 1 ÷ decimal odds. Add the implied probabilities of every outcome in a market; whatever exceeds 100% is the bookmaker's margin. The approximate margin column uses 1 − (1 ÷ total).

Example marketPricesImplied probabilitiesTotalApprox. margin
Two-way spread1.90 / 1.9052.63% + 52.63%105.26%5.0%
Two-way totals1.95 / 1.8551.28% + 54.05%105.33%5.1%
Football 1X22.40 / 3.30 / 3.0041.67% + 30.30% + 33.33%105.30%5.0%
Favourite vs underdog moneyline1.25 / 3.7580.00% + 26.67%106.67%6.3%

These are illustrative prices, not live lines. Real margins differ by operator, sport and market, and are often wider on niche and in-play markets. Put simply, a 5% margin means that across many bets at those prices, roughly ₱5 of every ₱100 staked stays with the bookmaker.

Asian Handicap Settlement on a ₱1,000 Stake at 1.90

Line on your teamWins by 2+Wins by 1DrawLoses
−0.25+₱900+₱900−₱500 (half loss, half push)−₱1,000
−0.5+₱900+₱900−₱1,000−₱1,000
−0.75+₱900+₱450 (half win, half push)−₱1,000−₱1,000
−1.0+₱900Stake returned−₱1,000−₱1,000

Quarter lines split the stake evenly across the two neighbouring lines. That softens certain results without changing the underlying chance of the match outcome. Half lines such as −0.5 can never push, which is one reason the price on a −0.5 line usually differs from the price on −1.0 for the same match.

Parlay Price Growth Against Win Chance

Every extra leg multiplies the price and the margin with it. Assume each leg is a genuine 50/50 outcome priced at 1.90.

LegsCombined odds₱100 returnsChance all legs winFair odds at 50/50
11.90₱19050.0%2.00
23.61₱36125.0%4.00
36.86₱68612.5%8.00
413.03₱1,3036.25%16.00
524.76₱2,4763.1%32.00

A single pays 95% of its fair price (1.90 ÷ 2.00). At five legs you receive about 77% of fair value (24.76 ÷ 32.00), so the expected cost per peso climbs with each leg added.

Matching a Bet Type to Your Goal

  • Tightest pricing per bet: main two-way lines on major leagues, where competition usually keeps margins lower, though this still varies.
  • Reducing draw risk in football: Asian handicap lines or draw-no-bet style markets.
  • Small-stake entertainment: parlays at a reduced stake, accepted as a higher-cost product.
  • Live betting: prices reprice fast, so confirm the accepted odds on the slip before submitting.

JILICC is an independent guide, not a bookmaker. Betting is offered by PAGCOR-licensed operators to players aged 21 and over, and no bet type removes the margin or guarantees a return.

Frequently Asked Questions

How do I work out the margin on any market?

Convert each price to 1 ÷ odds, add the results, and compare the total with 100%. A total near 105% means roughly a 5% margin built into that market.

What is a push?

When the result lands exactly on a whole-number line, such as a team winning by exactly 1 on a −1.0 handicap, your stake is returned.

Do Philippine sportsbooks use decimal odds?

Decimal is common, though some operators can display other formats. Switch to decimal and the implied-probability maths works directly.

Why did my odds change after I tapped the slip?

Prices move with news and betting volume, especially in play. Many slips let you choose whether to accept changes, so check that setting before confirming.

Can parlay legs from the same match be combined?

Some operators restrict legs that depend on each other. Rules vary by operator, so read the parlay terms first.

How do I fund a sportsbook account?

Covered operators commonly accept GCash and Maya, and some add GoTyme, InstaPay or QRPh. Limits and fees vary by operator.

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