What are football betting odds? How to read football betting odds

In the process of analyzing football odds, it’s essential to understand betting odds thoroughly. These are critical factors in understanding odds and helping you make informed decisions. Always remember to choose reputable betting sites for safe betting. So, which best bookmaker odds , and how do you read them?

What are football betting odds?

To understand how to read football betting odds in detail, you need to grasp the definition of this term. So, what are football betting odds?

Simply put, football betting odds are statistics, the odds provided by bookmakers for each match to help players look at, choose, and place bets. Different matches will have different odds, and different bookmakers will also have different odds. Football betting odds will provide you with the infrastructure to make predictions, analyze factors before placing bets.

Normally, the odds at bookmakers will be analyzed and provided by experienced experts. To understand football betting odds, you need to know how to read odds and calculate betting amounts. The odds will reflect the bookmakers’ analysis of the situation and outcome of the match. Therefore, these will be essential grounds for you to increase your chances of winning.

How to read football betting odds

Different betting odds will have different interpretations. Facing a wide range of odds figures can be quite complex. How to read odds accurately? Let’s find out together, and explore some reputable asian bookie handicap for more information on reliable betting platforms.

Classifying football betting odds

Betting odds will correspond to the respective types of odds. Specifically, you need to pay attention to a few betting odds:

Asian Handicap odds

These are the odds corresponding to the Asian Handicap. You can only choose the upper or lower team; you can’t bet on a draw. Of course, there are cases of a draw, and you will be refunded the bet amount.

On the odds board, Asian Handicap odds are often written initially. In it, the odds for the home team will be written on top and the odds for the away team will be written below, corresponding to the team names in the adjacent column. If you choose the correct bet, you will win according to the football betting odds initially. Always remember to refer to football betting predictions before placing bets.

For example, in the situation below: the Asian Handicap odds of the match are 0.5, and the odds for England and Belgium are 0.975 and 0.97 respectively. So if you bet $100, you will receive:

If you choose England to win, you will get $100 x 0.975 = $97.5 and receive a total of $197.5 (in addition to the initial $100 bet)

Similarly, if you choose Belgium and win the bet, you will get $100 x 0.97 + $100 = $197.

To understand Asian Handicap odds better, let’s analyze some common scenarios of this type of odds:

Draw odds

Draw odds, also known as level-ball odds. This is a type of odds often written as 0. A draw is the easiest type of odds to understand in Asian Handicap. With this scenario, you will win if you choose the winning team correctly, regardless of the score. If the two teams draw, both players will receive a refund of the bet amount.

1/4 odds

1/4 odds, also known as half-ball odds. This type of odds is written as 0.25 or 0 – 0.5. This is the situation where the upper team will give the lower team a 0.25 handicap. Therefore, if the upper team wins, you will only win half the amount. For example, if the upper team draws, you will lose half the bet amount. But if the upper team loses, you will lose most of the bet amount.

1/2 odds

1/2 odds are also a common type of odds in Asian Handicap and are written as 0.5. With half-ball handicap, you will win if the home team wins the match, regardless of the score. If the away team (the lower team) wins, the player who chooses the lower team will win. And if the two teams draw, the player who chooses the lower team will win.

3/4 odds

This is also known as the one and a half-ball handicap and is often written as 0.75 or 0.5 – 1. This is the case where the odds have started to show a difference in the number of goals scored.

In this scenario, the upper team needs to win by at least two goals for the player who chooses the upper team to win all the money. For example, if the upper team wins with a difference of only one goal, the player who chooses the upper team will win half the bet, the player who chooses the lower team will lose half the bet, and if the two teams draw, the lower team will win most of the bet amount.

Draw odds

This is a type of odds often written as 1. With this type of odds, the upper team will handicap the lower team by 1 goal. Therefore, if the upper team wins with a difference of 2 goals or more, the player who chooses the upper team will win all the money. If the difference is only 1 goal, both teams will draw, and both players will receive a refund of the bet amount. And if the lower team wins the match (regardless of the score), the player who chooses the away team will win.

These odds can also be understood in the same way by adding 1, two, three… n goal handicaps. Just understand these basic forms, and Asian Handicap odds won’t be difficult for you.

Over/Under odds

Calculating the winning amount with Over/Under odds is similar to Asian Handicap odds. You will also choose the corresponding odds and multiply them by the amount you bet. However, unlike Asian Handicap odds, Over/Under odds will have 2 betting options: Over and Under. When analyzing Over/Under odds, you only need to pay attention to the total number of goals in the match.

For example, if you notice that the match has more goals than the figure provided by the bookmaker, you will choose Over; otherwise, you will choose Under. If you choose the correct betting option and win, you will receive the corresponding amount according to the odds you bet on.

How to read European football betting odds

On the odds board, European odds are written in 1×2 format with 3 corresponding odds for the home team winning, drawing, and losing. You will choose one of the 3 odds corresponding to your prediction. For example, in the match between Blackburn vs Preston below. The European football betting odds are 2.70; 2.65, and 3.30 respectively, corresponding to the results of Blackburn winning, losing, and drawing. When betting $100, if you choose correctly, you will have:

$100 x 2.70 = $270 if Blackburn wins

$100 x 2.65 = $265 if Blackburn loses

$100 x 3.30 = $330 if Blackburn draws.

Some tips for reading football betting odds

Reading betting odds is not difficult, but to read excellently and increase your chances of winning, you need to:

Choose the appropriate betting odds for the match, understand the rules, and be familiar with the tournaments you understand well.

Only bet when you have a clear understanding of the team’s situation, form, and playing style of both teams.

Minimize betting on matches with rapidly changing odds, consecutively and increasing gradually before the match takes place. These can be dangerous traps.

Before placing bets, you should compare the odds of several major bookmaker apps to choose the one with the best odds.

Hopefully, through this article, you have a better understanding of football betting odds. This is one of the essential terms that players need to know and understand if they want to succeed in football betting. Remember to memorize how to read betting odds accurately to calculate your winning amount and make the most appropriate decisions.