What are football betting odds? Basic guidelines for beginners to understand (read)
To place a football bet, one must understand how to read football betting odds. This is because bookmakers are the ones who provide the odds for betting. Each bet will have many different odds. Therefore, if we do not understand
football tips today uk how to read football betting odds, it will be very difficult to make appropriate choices.
However, all the difficulties you are facing will be answered by Wintips right here. Let's find out together.
What are football betting odds?
First of all, let's find out what football betting odds are. Then, we will continue to delve into how to view (read) odds.
Football betting odds refer to the various odds constraints of a bet. Bookmakers will offer any bet, which includes odds and betting rates for the various outcomes. Depending on the type of bet, players will have different ways of viewing football betting odds.
On the other hand, football betting odds can be understood as a certain limit or threshold. Bookmakers provide this to help players make their own predictions and suitable choices for betting.
Suppose you choose to bet on the 1×2 market. At this point, how to view football betting odds will depend heavily on the three odds corresponding to the three betting options of the bet. Or when you want to bet on over/under, there will be statistics about O/U odds and betting odds for the Over/Under market.
How to read football betting odds online
In fact, whenever football betting odds are mentioned, it usually refers to Asian handicap odds. Because only Asian handicap bets have many different odds for players to choose from. Specifically, when betting on handicaps or over/under in football, reputable bookmakers will offer us many different odds. At the same time, the betting rates for each type of bet are also quite high.
Therefore, we need to master how to read bookmakers' football betting odds. Then, all predictions and assessments of betting will be more accurate.
In this article, we will briefly discuss the basics of how to view football betting odds for beginners. If you grasp it well, you will know how to handle bets appropriately.
Level ball betting odds
This type of bet is specifically for matches with evenly matched teams. Bookmakers, once they have evaluated, will offer this bet for you to choose from.
If the team you choose wins, you will win the corresponding amount of money, and vice versa. If the result is a draw, you will get your money back.
For example, in a match between Manchester United and Tottenham. If the bookmaker assesses the form and strength of these two teams as equal, they will offer odds for this match as 0 handicap, for instance. Therefore, if you bet on Manchester United and they win, you will receive the corresponding betting amount initially offered. Otherwise, the amount of money bet on Manchester United will be lost entirely.
The odds that bookmakers offer in this case are often 0 handicaps. This is considered a very easy-to-read odds level in football. Even when you encounter odds such as 1 ball, 2 balls, 3 balls... The method of calculating football betting odds will be understood similarly to when there is a 0 handicap.
Handicap Odds Ratios
This type of odds ratio has a handicap ratio of 0.25 or ¼. This means that the number of goals specified by the bookmaker for the odds will have a ratio of 0.25.
Teams considered underdogs will receive handicap points based on this ratio. In cases where there is a draw or a difference in the score, there will be two possibilities for the bet: either the bet will win or lose the full amount.
However, because this is a special odds ratio, there will be times when you may lose or win only half the amount if the two teams draw.
On the other hand, when encountering odds ratios in the form of N + ¼ (with N = 0, 1, 2...), you will calculate the football odds ratio similarly.
Half Handicap Odds Ratio
For this type of odds ratio, the specified number of goals is usually half (0.5 or ½). Depending on the assessment of the bookmaker, they will provide odds ratios of 0.5, 1.5, or 2.5 (N+1/2).
This is also a very common type of odds ratio in major tournaments. Moreover, understanding the football odds ratio for this type of bet is very simple because it only involves winning or losing the bet. If the prediction is correct, it's easy to choose a favorable bet. When encountering this type of odds, players can easily read and understand the odds without spending much time.
¾ Handicap Odds Ratio
If you frequently bet during the match, especially in the first half, you will find that the ¾ odds ratio is a golden ratio applied by many major bookmakers. Even in professional major tournaments, this odds ratio is highly favored.
The advantage of this odds ratio is that the chance of winning the bet is more balanced. Even if you lose, the likelihood of losing half the amount is still quite high. It is very suitable for those who want to bet on the underdog in the long run.
Simply put, because the underdog team will seemingly be given at least 0.75 goals, sometimes the bookmaker will offer odds of 1.75 goals or 2.75 goals (N+ ¾). Thus, making predictions and analyzing odds becomes very easy.
If you are not familiar with it at first, you will encounter quite a few difficulties because this is a very challenging type of odds in football.
We only need to know the basics of four types of odds ratios: 0, ¼, ½, and ¾. Then, have a basic understanding of the rules of reading football odds. When encountering corresponding handicap odds, it becomes simpler to make general assessments of the odds.
Above is the entire guide
betting tips best sites on how to read football handicap odds. Just try to refer to and review the examples we've mentioned. Surely, you will have a clear understanding of how to view football handicap odds. Wishing you all success.