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How accurate are the PDC European Tour odds?

The closing prices of 1,837 finished games since Fri 24 Feb 2023, set against what happened: the chance the market gave, with the bookmakers' margin removed, next to how often it came in. A record of what the market did, not a tip.

The market's record

1,837 games, 2 bookmakers
  • Closing favourite won 68% 1,254 of 1,837 games
  • Market Brier score 0.398 0 is perfect; a coin flip scores 0.500
  • Average closing payout 94.8% 100% minus the bookmakers' margin
  • Games covered 1,837 Fri 24 Feb 2023 to Sun 11 Oct 2026

163 of the 2,000 games finished in that time are left out: no bookmaker had a closing price on every outcome.

Market chance against what happened

0-10% chance: happened 0.0% of 58 selections 10-20% chance: happened 11.8% of 220 selections 20-30% chance: happened 21.0% of 366 selections 30-40% chance: happened 31.2% of 536 selections 40-50% chance: happened 47.4% of 620 selections 50-60% chance: happened 52.3% of 694 selections 60-70% chance: happened 68.9% of 534 selections 70-80% chance: happened 78.8% of 368 selections 80-90% chance: happened 88.2% of 220 selections 90-100% chance: happened 100.0% of 58 selections 100% 0%
Market said 0%100%
Happened
Market chancePriceSelectionsMarket saidHappenedDiff
0-10% 10.00 or longer 58 7.2% 0.0% -7.2 pts
10-20% 5.00 to 10.00 220 15.5% 11.8% -3.7 pts
20-30% 3.33 to 5.00 366 25.8% 21.0% -4.8 pts
30-40% 2.50 to 3.33 536 35.6% 31.2% -4.4 pts
40-50% 2.00 to 2.50 620 44.7% 47.4% +2.7 pts
50-60% 1.67 to 2.00 694 54.7% 52.3% -2.4 pts
60-70% 1.43 to 1.67 534 64.4% 68.9% +4.5 pts
70-80% 1.25 to 1.43 368 74.2% 78.8% +4.6 pts
80-90% 1.11 to 1.25 220 84.5% 88.2% +3.7 pts
90-100% 1.11 or shorter 58 92.8% 100.0% +7.2 pts

Every priced outcome of every game is one selection. "Market said" is the bookmakers' average implied probability with the margin removed; "Happened" is how often that outcome came in. On the diagonal the market was right on average; above it, that kind of result happened more often than the prices said. Bands with fewer than 30 selections are left out.

Home, away

OutcomeMarket saidHappenedDiff
Home win 58.3% 57.4% -0.9 pts
Away win 41.7% 42.6% +0.9 pts

The market's average closing chance for each outcome over all 1,837 games against the share of games it won. "Home" is the first-named side.

Bookmaker accuracy

lower is better
BookmakerGamesBrier scorevs market averagePayout
Unibet 1,028 0.359 -0.004 94.5%
Bet365 1,331 0.425 +0.007 95.0%

Each bookmaker's own closing prices, margin removed, scored against the results of the games it priced; "vs market average" compares it with the bookmakers' average on the same games, so a negative figure means its prices were the closer. Bookmakers with fewer than 50 priced games are left out. Differences of a few thousandths are noise; a much higher score usually means the bookmaker's last price was captured well before the start, so it is the price in our archive being scored, not the trader.

Odds accuracy FAQ

How accurate are PDC European Tour odds?
Across 1,837 finished PDC European Tour games since 2023, the closing favourite won 68% of the time. The market's closing chance, with the bookmakers' margin removed, gave the home side 58.3% on average and home wins happened 57.4% of the time. The bands above show the same comparison price by price: a well-calibrated market has outcomes happening about as often as its prices say.
What is a Brier score?
The squared distance between the chances a bookmaker's prices gave and what happened, averaged over games: 0 would be perfect foresight, and on a three-way market a coin-flip price scores 0.667. The market average's closing prices score 0.398 in this league; the lowest single bookmaker is Unibet at 0.359. Differences of a few thousandths between bookmakers are noise, not skill.
Does a well-calibrated market mean the odds cannot be beaten?
Calibration says the market is right on average, not on every game. A band where outcomes happened more often than the prices said is where the closing market under-priced that kind of result over these seasons. The bookmaker's margin, about 5.2% here, still has to be cleared: the closing line value calculator shows what a price needs to beat.