When participating in football betting, the most important thing that players need to understand is the types of football betting odds. This is the factor that determines the ability to win bets as well as the amount of money you can receive. If you are a newbie, this article by WOWJILI will help you grasp the basic knowledge of football odds in the easiest way to understand.
What Are Football Betting Odds?
Football Betting Odds are numbers given by bookmakers to reflect the probability and payout when betting on a football match. This ratio is calculated based on factors such as team form, history of confrontation, starting lineup, home-away field, and other factors that affect the outcome of the match.
Basic Odds in Football Betting
In football betting, there are three popular types of odds that players need to master:
Asian Handicap
Asian Handicap is a popular type of odds in Asian countries, in which the stronger team concedes a certain number of goals to the weaker team to balance the match. Popular handicap levels include:
- Equal handicap (0.0): No team will concede; if the match is a draw, the money will be refunded.
- Handicap 0.25 (1/4): The handicap team loses half the money; if the draw, the half money is lost.
- Handicap 0.5 (1/2): The handicapped team must win by 1 goal or more to win the bet.
- Handicap 1.0: The handicapped team must win by at least 2 goals to win the full amount.
European Handicap (1X2)
European Handicap is simpler with only three options:
1: Bet on the home team to win.
X: Bet on a draw.
2: Bet on the away team to win.
There is no concept of handicap in European Handicap, so the gameplay is easy to understand and suitable for beginners.
Over/Under (O/U)
Over/Under is a bet based on the total number of goals in the match. The bookie gives a specific number, and the player places a bet:
- Over: The total number of goals is greater than the bookie’s given level.
- Under: The total number of goals is less than the bookie’s given level.
For example, the bookie offers odds of 2.5. If the match has 3 goals or more, the Over bet wins; if there are 2 goals or fewer, the Under bet wins.
Betting Experience According to Football Betting Odds
To increase your chances of winning, players need to pay attention to the following:
Research Before Betting
Before placing a bet, learn about the team’s form, squad situation, tactics, and history of confrontation to make the most accurate decision.
Compare Odds Between Bookmakers
Each bookmaker has different odds, so learn and choose the bookmaker with the best odds to optimize profits.
Reasonable Capital Management
Do not bet too much money on a match. Divide your betting capital to reduce the risk of losing all your money in one bet.
Choose When to Bet
Odds can change before the ball rolls. Follow the odds fluctuations and choose when to place your bet
