Market profile. Pinnacle displays a fair odd of 1.49 for Belgium and 7.98 for Iran after margin removal (TRJ 96.2%). The majority of operators concentrate their margin on the underdog: Iran odds range from 6.50 (888sport, TRJ 90.4%) to 8.50 (Unibet NL/SE, TRJ 97.1%), while Belgian odds remain clustered between 1.38 and 1.48. The draw ranges from 4.20 (888sport) to 4.80 (Unibet FR, Betfair), with a fair odd of 4.96.
Value on Iran. Five operators offer odds above the Pinnacle reference: Unibet (NL) and Unibet (SE) offer 8.50 versus 7.98, a +6.5% value — the most notable on the market. Coolbet, Betfair and Matchbook offer 8.40 (+5.3%). These gaps remain consistent with a market where Iran, though clearly the underdog, receives less volume than the favorite, potentially justifying slightly more generous odds at certain books. On Belgium, 1xBet offers 1.48 vs 1.49 fair odd, marginal value.
Overall margin and TRJ. The optimal TRJ of 99.8% (sum of inverses of best odds) indicates a very tight margin when combining the three best offers. However, individual TRJs vary from 90.4% (888sport) to 99.2% (Betfair, Matchbook), revealing significant operator variance. Winamax (FR/DE) and 888sport show the widest margins (93.9%), while Betfair and Matchbook offer the tightest (99.2%).
Analysis recommendation. To exploit potential value, bettors will use the Value Bet calculator with an 8.50 quote (Iran) versus fair odd 7.98: this position wins in expected ROI if real probability exceeds ~11.8%. The TRJ calculator will verify each book's marginal efficiency. Warning: odds move rapidly during competition week; verify these figures live before placing any stake.