Guide to Reading Betting Odds for Newcomers
Understanding betting odds directly impacts the amount of money won or lost when participating in football betting. For this reason, the skill of interpreting betting odds is crucial. To assist newcomers, Wintips will share daily single football tips the most accurate and straightforward methods for reading football betting odds.
Simple and Easy Guide to Reading Betting Odds
When players want to participate in football betting, they can simply access the internet and visit reputable bookmakers to place their bets. Each bookmaker offers various online football odds, and players can choose the odds they wish to participate in.
Currently, there are two popular types of odds in the market: Asian Handicap and European Odds. Each type of bet is defined as follows:
Guide to Reading Asian Handicap Odds
Asian Handicap odds are very popular among bettors. In this type of bet, players can only bet on the favored team or the underdog, with no option for a draw.
Asian Handicap has many different odds for players to choose from, such as:
Level Ball – Draw No Bet (DNB): In this type of bet, there is no handicap, and the team that scores more wins. In the event of a draw, the bookmaker refunds the stake. The amount won or lost is calculated by multiplying the stake by the odds set by the bookmaker.
Quarter-ball Handicap (0.25): Also known as a half-ball draw handicap. There are the following scenarios:
If the player bets on the favored team and they win, the player wins; if they lose, the player loses. If it's a draw, the player loses half of their stake.
If the player bets on the underdog and they win, the player wins; if they lose, the player loses. If it's a draw, the player wins half of their stake.
Half-ball Handicap (0.5): In this bet, the favored team gives half a goal to the underdog. If the match ends in a draw, no refunds are given, meaning the bet only has win or lose outcomes. If the player bets on the favored team and they win, the player wins the bet, and vice versa.
Three-quarter-ball Handicap (0.75): Also known as a one and a half goal handicap. For example, in a match between MU and Chelsea, if the final score is 1-0:
If the player bets on MU, they win half of the stake.
If the player bets on Chelsea, they lose half of the stake.
The player wins the full amount only if the favored team wins by a margin of two or more goals.
One and a Quarter-ball Handicap (1.25): In this bet, if the favored team wins by one goal, the player loses half of the stake. The player wins the full stake only if the favored team wins by a margin of two or more goals.
One and a Half-ball Handicap (1.5): In online football betting, this means the favored team gives one and a half goals to the underdog. If the final score is a draw or a 1-0 win, the favored team loses the bet. The player wins the bet if the favored team wins by a margin of two or more goals.
Guide to Reading European Odds
European odds, also known as 1x2 odds, are straightforward and differ completely from Asian Handicap odds. Specifically:
1 means betting on the home team. The player wins if the home team wins.
2 means betting on the away team. The player wins only if the away team wins.
X means betting on a draw. The player wins only if the match ends in a draw. If either team wins, the player loses the bet.
See more betting tips at : what's an asian handicap bet
Sharing Tips for Choosing Football Betting Odds
Previously, we discussed how to read and understand online football betting odds from bookmakers. In the following section, Wintips will share with players some highly accurate tips for choosing betting odds that every player needs to know.
Bet on the Away Team When Both Teams Are at the Top of the Rankings
According to experts, when analyzing football odds, if you notice that today's match involves two top-ranked teams, you should bet on the away team. If you see that the away team has a handicap of ½, it means the away team has a higher chance of winning compared to the home team.
In Some Cases, Bet on the Lower-Ranked Team
If within about three hours before the match starts, the handicap for the higher-ranked team drops from 1 to ¾, or if the payout increases significantly within 30 minutes before the match, you should consider betting on the lower-ranked team.
Betting on Strong Teams Doesn't Always Mean Winning
Psychologically, many people want to bet on the stronger teams. However, in some cases, choosing the underdog can increase your chances of winning. Before the match starts, if you notice a significant shift in the betting odds, such as dropping from ¼ to 0, while the payout increases, you should bet on the underdog. In this scenario, you can simply understand that the underdog is considered weaker and is given a handicap advantage by the stronger team.
Always Update Information from Football Betting Forums
Football betting forums often have many experts and seasoned bettors who provide many realistic assessments and evaluations. Players can visit these forums to update themselves with additional information and data related to upcoming matches. Furthermore, forums gather a wealth of knowledge and football information, making them an excellent place to ask questions and resolve any concerns you might have about the matches.
Hopefully, the information best betting tips app just provided will help you understand and grasp how to read and understand bookmaker odds, thereby increasing your chances of winning.