Post by hennesy56 on Mar 8, 2024 4:55:37 GMT
In football betting, betting odds are no longer unfamiliar to seasoned punters. However, this concept may be relatively new to those who are just starting out. So what are betting odds? How to calculate betting odds most accurately? The following article will provide the most detailed explanation to help you understand and learn how to the hot soccer tips
What are Betting Odds?
Betting odds, or football betting odds, are the odds that bookmakers offer based on the difference in the level of two football teams. In which, the stronger team will be the favorite, and the weaker team will be the underdog. Each odds ratio is determined by the bookmaker's objective assessment of the two football teams.
This means that when two football teams participate in a match with no significant difference in strength and form, the bookmaker will offer lower odds, and vice versa. This is a familiar concept in the world of football betting that every punter needs to understand clearly.
Understanding the Concept of Betting Odds in Football
With the increasing demand for football betting, reputable football betting sites offer various odds for players to choose from. Additionally, each betting odds offered by bookmakers will have extremely attractive rewards when winning. The more bets placed, the larger the winnings.
The Easiest Way to Calculate Betting Odds in Football
After understanding what betting odds are, you should also know how to calculate betting odds when analyzing odds. Below are the most common ways to calculate betting odds that you can refer to.
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Asian Handicap Odds
Asian handicap is one of the most chosen types of bets. The special feature of this type of bet is that players can only win or lose the bet, there is no draw. Therefore, football betting sites will base on the strengths and weaknesses of both teams to offer suitable odds.
Typically, when a strong team competes with a weaker team, the strong team will give a handicap to the weaker team according to the odds set by the bookmaker to ensure fairness. At the same time, it makes the match more exciting and dramatic. Here are the common types of Asian handicap bets for your reference.
0.25 Odds: The favorite team will give a handicap of 0.25 goals to the underdog. If the favorite team wins by more than 1 goal, the player betting on the favorite team wins, and vice versa. In case of a draw, the player betting on the favorite team loses half of the bet, and the player betting on the underdog wins half of the bet.
0.5 Odds: The favorite team gives a handicap of half a goal to the underdog. If you bet on the favorite team, you only win if the favorite team wins. However, for this type of bet, if the match ends in a draw or the favorite team loses, you will lose the entire bet.
0.75 Odds: When the favorite team gives a handicap of 0.75 goals to the underdog, the player only wins the entire bet when the favorite team wins by a margin of 2 goals. Conversely, if there are no goals scored, you will lose all your bets. On the other hand, you will win half of the bet if the favorite team wins by 1 goal.
1.25 Odds: Players betting on the favorite team will only win if they win by a margin of 2 goals. In case there is only 1 goal scored, half of the bet is lost, and if the match ends in a draw, the bet is lost entirely.
1.5 Odds Left: The favorite team wins the entire bet if they win by 2 goals, and loses the entire bet if they win by only 1 goal.
Betting Odds: How to Calculate Betting Odds in Football in Detail
Asian Handicap Odds
European Handicap Odds
Unlike Asian handicap odds, when analyzing European handicap odds, there are 3 betting options for players to choose from: win – draw – lose. European handicap betting is very simple, you just need to predict the match result and place bets on the options provided by the bookmaker. Furthermore, the odds vary depending on the betting website.
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Therefore, when analyzing this type of odds, you do not need to pay attention to which team is stronger or weaker, but only need to correctly predict the match result. For European handicap odds, there are familiar symbols you need to understand as follows:
If you choose the home team to win, select 1
Selecting x means you are betting on a draw
Predicting the away team to win, you choose 2
In conclusion, understanding what betting odds are and how to calculate betting odds is essential for anyone involved in football betting. Whether it's Asian handicap odds or European handicap odds, mastering these concepts will greatly increase your chances of success in football betting.