Odds and Betting Diversity of Legal and Illegal Bookmakers in Türkiye: A Comparative Analysis

Can Çavin Ötkan; Alperen Halıcı

doi:10.56639/jsar.1689145

Odds and Betting Diversity of Legal and Illegal Bookmakers in Türkiye: A Comparative Analysis

Abstract

This study aims to compare the betting odds and diversity offered by legal bookmakers in Türkiye and a bookmaker based abroad, which is considered illegal. The survey model, one of the quantitative research methods, was used. A total of 464 competitions played in the top and one lower league in the football leagues of six different countries were included in the study. The included competitions were analyzed regarding match result odds and number of bets. The data were collected between August 18 and Sep-tember 18, 2024. The data set was found to be normally distributed, and ANOVA and Posthoc LSD tests were used for analysis. It was found that the odds and variety of bets offered by illegal bookmaker were significantly higher than the monopoly Main Legal Bookmaker and all six different online bookmakers. This situation is attributed to the monopoly dominance of the betting market in Türkiye. Opening the market to compe-tition through licensing would provide consumers with more attractive prices and ser-vices.

Keywords

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Details

Primary Language

English

Subjects

Sports Activity Management

Journal Section

Research Article

Authors

Can Çavin Ötkan ^*
0000-0003-3800-4923
Türkiye

Alperen Halıcı
0000-0002-5480-4683
Türkiye

Publication Date

September 30, 2025

Submission Date

May 1, 2025

Acceptance Date

August 10, 2025

Published in Issue

Year 2025 Volume: 7 Number: 3

DOI

https://doi.org/10.56639/jsar.1689145

IZ

https://izlik.org/JA46FT72NA

Cite

RIS / Bibtex

APA

Ötkan, C. Ç., & Halıcı, A. (2025). Odds and Betting Diversity of Legal and Illegal Bookmakers in Türkiye: A Comparative Analysis. Journal of Sport for All and Recreation, 7(3), 394-402. https://doi.org/10.56639/jsar.1689145

AMA

1.Ötkan CÇ, Halıcı A. Odds and Betting Diversity of Legal and Illegal Bookmakers in Türkiye: A Comparative Analysis. JSAR. 2025;7(3):394-402. doi:10.56639/jsar.1689145

Chicago

Ötkan, Can Çavin, and Alperen Halıcı. 2025. “Odds and Betting Diversity of Legal and Illegal Bookmakers in Türkiye: A Comparative Analysis”. Journal of Sport for All and Recreation 7 (3): 394-402. https://doi.org/10.56639/jsar.1689145.

EndNote

Ötkan CÇ, Halıcı A (September 1, 2025) Odds and Betting Diversity of Legal and Illegal Bookmakers in Türkiye: A Comparative Analysis. Journal of Sport for All and Recreation 7 3 394–402.

IEEE

[1]C. Ç. Ötkan and A. Halıcı, “Odds and Betting Diversity of Legal and Illegal Bookmakers in Türkiye: A Comparative Analysis”, JSAR, vol. 7, no. 3, pp. 394–402, Sept. 2025, doi: 10.56639/jsar.1689145.

ISNAD

Ötkan, Can Çavin - Halıcı, Alperen. “Odds and Betting Diversity of Legal and Illegal Bookmakers in Türkiye: A Comparative Analysis”. Journal of Sport for All and Recreation 7/3 (September 1, 2025): 394-402. https://doi.org/10.56639/jsar.1689145.

JAMA

1.Ötkan CÇ, Halıcı A. Odds and Betting Diversity of Legal and Illegal Bookmakers in Türkiye: A Comparative Analysis. JSAR. 2025;7:394–402.

MLA

Ötkan, Can Çavin, and Alperen Halıcı. “Odds and Betting Diversity of Legal and Illegal Bookmakers in Türkiye: A Comparative Analysis”. Journal of Sport for All and Recreation, vol. 7, no. 3, Sept. 2025, pp. 394-02, doi:10.56639/jsar.1689145.

Vancouver

1.Can Çavin Ötkan, Alperen Halıcı. Odds and Betting Diversity of Legal and Illegal Bookmakers in Türkiye: A Comparative Analysis. JSAR. 2025 Sep. 1;7(3):394-402. doi:10.56639/jsar.1689145