codere review: who runs it, and are the odds any good?
Across 5,686 markets observed in the last 7 days (4 sports, 61 leagues), codere's median bookmaker margin was 9.68% — rank #140 of 146 tracked books (lower is better for bettors). Where at least five independent operators priced the same market, codere had the single best price 1.1% of the time.
Is codere trustworthy?
verified
How codere's prices compare
| Market family | Median margin |
|---|---|
| Moneyline / match result | 9.41% |
| Handicaps / spreads | 9.91% |
| Totals | 9.09% |
codere margin by sport
| Sport | Median margin | Best price | Markets (7d) |
|---|---|---|---|
| Soccer | 9.76% | 1.4% | 3,215 |
| Tennis | 9.73% | 0.8% | 1,841 |
| American Football | 9.65% | 0.1% | 451 |
| Baseball | 8.08% | 0.0% | 179 |
Who runs codere
Availability: licensed in AR, CO, ES, MX.
In the last 90 days, codere posted the board-leading price on 70 signals flagged by Omenizer's detection engine.
The margin is the bookmaker's built-in fee: the amount by which its implied probabilities exceed 100%. A 9.68% margin means that, on a typical codere market, prices pay out 9.68% less than a fair-value book would. Omenizer's fair prices remove this margin using sharp reference sources — the methodology explains how.
FAQ
- Is codere legit?
- Omenizer has not yet verified which company operates codere or what licence it holds — a gap in our research rather than a finding against the book. Independently of that, Omenizer has measured 5,686 codere markets in the last 7 days against the rest of the market, so its prices are observable rather than taken on trust. We publish the checks we can evidence and flag the ones we cannot — we do not certify bookmakers.
- Who owns codere?
- Omenizer has not yet verified the company behind codere. We record an operator only when we have read it on the operator's own site or a regulator's register, so this is an unfilled gap rather than a guess we declined to make.
- Is codere licensed?
- Not established — we have not confirmed a licence for codere.
- What is codere's betting margin?
- Measured across 5,686 markets in the last 7 days, codere's median margin (overround) was 9.68% — rank #140 of 146 bookmakers Omenizer tracks. Lower is better for bettors.
- How often does codere have the best odds?
- Where at least five independent operators priced the same market (clone brands sharing one price feed count once), codere posted the single best price 1.1% of the time over the last 7 days.
- How is codere's margin measured?
- Omenizer records every price on every tracked market, converts them to implied probabilities, and sums each market's sides; the amount over 100% is the bookmaker's margin. The figure here is the median across all of the book's observed markets — measured, not quoted from marketing material.