👉 Betting fluid, also known as bookmaker's spread, refers to the difference between the odds offered by various betting operators for the same event. It represents the amount a bookmaker pays to another to take on the risk of betting an outcome, essentially the minimum payout they guarantee for a win. For instance, if a bookmaker offers odds of 2.00 for a win, it means they pay twice the amount bet to cover their risk and make a profit. Conversely, a lower spread (like 1.50) indicates higher odds, suggesting the bookmaker is willing to take on more risk for a smaller payout. The betting fluid can be influenced by factors such as market demand, odds set by bookmakers, and the perceived probability of the event occurring.
