The English League Cup, also known as the EFL Cup is the secondary domestic club cup competition in England that includes 92 clubs.  OddsJet compares EFL Cup betting odds from several reputable online sportsbooks that serve customers in Australia and offer AUD accounts.  This odds comparison allows OddsJet to display the best odds for every match in the tournament and helps to maximize potential returns for Australian bettors.  Users can toggle between 1X2 match odds as well as Double Chance odds.  Although a knockout cup competition, these betting markets apply to the match result after 90 minutes of play (full-time), including any stoppage or injury time.  They do not apply to a result after extra time or penalty shoot-out.

English League Cup Match Odds Explained  

1X2 Match Betting

This is the most popular betting market for the League Cup.  Here, one is simply wagering on the full-time result of a given match: 1 – a Home Win, X – a Draw, 2 – an Away win.

Double Chance Betting

This is a variation of typical 1X2 match betting whereby one selects any two of the three possible outcomes: 1,X – Home Win or Draw.  X,2 - Draw or Away Win.  1,2 - Home Win or Away Win.  This allows for a hedging of one’s bet.  In doing so, the odds will be lower than for a typical 1X2 match result odds.

English League Cup odds expressed in American, Decimal and Fractional formats

For American odds format, there are two sets of expressions to remember, but both revolve around the figure of $100. First, negative numbers express are used when the odds are below even-money for how much one needs to wager in order to win a profit of $100.  When one sees a negative number like Norwich City to win at -150, this means that one would need to stake $150 in order to win a profit of $100, for a total return of $250.  When the odds are above even-money, American odds format displays a positive figure which expresses how much one will win when $100 is staked.  For example, match odds of +500 for a draw means that a stake of $100 wins $500 in profit for a total return of $600. 

For Decimal odds format, the odds express the full amount that will be returned on your wager including the stake amount.  Simply multiply the odds by the stake. For example, if Leicester City is listed to win at 1.69, a $100 bet would return a total of $169 including your stake, so the profit would be $69.  A draw with decimal odds of 3.35 would return $335 on a bet of $100. 

For Fractional format, the odds express the amount of profit that will be returned on a wager.  So for example, with a wager of $100 and odds of 5/9 (said five- to-nine) on Sunderland to win, one would see a profit of $55.56 plus the stake for a total return of $155.56.