How to Read Football Betting Odds: The Simplest and Most Detailed Guide for Beginners
If you're new to online football betting, you're probably trying to figure out how to read football odds correctly. To keep yourself safe and protect your interests, let’s take a look at this guide with experts from bet win tips on how to read football betting odds.
What is Football Betting?
Football betting refers to the set of rules commonly applied by bookmakers to make the game more attractive and stimulate players’ interest in each football match. Football odds will be displayed in percentages, showing how much you can win and how to place your next bet.
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Football betting is also commonly referred to as a form of betting used by bookmakers to predict match outcomes, which helps players have a clearer and deeper understanding of the betting odds on the market.
How Do Bookmakers Use Football Betting Odds?
Football betting odds are applied by bookmakers to make the game more appealing to players. These odds allow you to understand the overall odds of the match, so you can decide how to place your bet and how much you stand to win.
How to Calculate Football Betting Winnings
Knowing how much you’ve won or lost is crucial when participating in football betting. Today, there are many ways to calculate betting stakes based on odds from top 10 bookmaker. With the wide variety of betting odds, it’s important to study and choose the best one for your betting strategy.
Common Terms You’ll Encounter in Football Betting:
Full Win: The winnings are calculated as the stake multiplied by the odds.
Half Win: This means winning half of the stake amount, calculated as 1/2 × stake × odds, plus the original stake.
Full Loss: This means the player loses the entire stake.
Half Loss: The loss is calculated as 1/2 × stake.
How to Read Football Betting Odds in Detail
Here are the most common types of football odds you'll encounter today. We’ll focus on three common betting odds: Asian handicap, European handicap, and over/under betting.
How to Read Asian Handicap Odds for Beginners
Asian Handicap betting, or “Handicap,” is a betting style typically used for bettors in Asia. With this style, you must bet on either the higher or the lower team—there’s no option to bet on a draw.
Odds of 0 – 0: If the match ends in a draw, you’ll get your stake back, no matter which team you bet on.
Odds of ¼: This is a "half-ball" handicap. If the match ends in a draw, the bettor who placed the bet on the higher team will win.
Odds of ½: The lower team will be giving a half-goal advantage. This means there are only two outcomes: either you win or lose; a draw is not an option.
Odds of ¾: This is understood as a 1.5 goal handicap.
Odds of 1.25: If you bet on the higher team, they need to win by at least 2 goals. If they win by only 1 goal, you lose half your stake.
Odds of 1.5: The higher team will give a 1.5-goal advantage to the lower team.
Odds of 1.75: The higher team must win by 3 goals to win the bet.
Odds of 2.25: The lower team has a greater chance of winning. For you to win this bet, they need to win by at least 2 goals.
How to Read European Football Betting Odds (1x2)
European betting, also known as 1x2 betting, is simple and works as follows:
1: Bet on the home team to win.
2: Bet on the away team to win.
X: Bet on the draw, where you win if the match ends in a draw.
How to Read Over/Under Football Betting Odds
In over/under betting, you predict whether the total number of goals in a match will be over or under a specific number set by the bookmaker.
If the total goals scored in the match are 2 goals, and you bet on Under, you win. If you bet on Over, you lose.
For odds of ¼, if the total goals are 3, and you bet on Over, you win.
Odds of 2¾: This type of bet is difficult because if you win, you only get half your stake back.
Conclusion
To win consistently in single soccer players, it's essential to understand how to read the odds accurately. Betting is not just about luck; it also requires your ability to predict and calculate outcomes for each match.