Guide on How to Read and Understand Betting Odds in Detail from A to Z
Is Analyzing Odds Difficult? If you want to become an effective and professional football odds analyst, the first step is to know how to read and understand the odds table.
For those new to sports betting, this may still be unfamiliar territory. So, follow along with the soccer hot tips article to gain a better understanding!
What types of odds are there when analyzing football matches?
Football odds always play a crucial role for online bettors. Knowing how to read and understand the odds table is essential for bettors to make decisions on everyday winning soccer tips or losing when playing at online bookmakers.
Different bookmakers typically offer varying odds. However, they generally share common types of popular bets.
Players often come across common bet types such as:
Asian Handicap football odds
European (Decimal) football odds
Over/Under (Total Goals) football odds
Most online bookmakers provide all three types of football odds for players to participate in.
Each type will have a different method of reading and understanding the odds table. Bettors need to pay attention to fully understand these three types of odds to engage in sports betting most effectively.
How to read and understand the odds table on online bookmakers
To assist players in analyzing football odds more effectively, I will provide detailed guidance on understanding the odds table in three different categories as follows:
How to read and understand Asian Handicap odds
Asian Handicap, or commonly known as Handicap odds, is a type of bet based on the odds set by online bookmakers. Asian sporty trader offer handicapped odds, providing smaller handicaps for players in this region.
When choosing to bet on Asian Handicap odds, players can only wager on two outcomes – the Upper Door (Team with Handicap) and the Lower Door (Team against Handicap). There is no possibility of a draw in this type of bet.
Here are some ways to understand the odds table for various Asian Handicap odds:
0 – 0 Handicap Odds:
- If the match concludes without a winner, players get their initial bet amount refunded.
- If the favored team wins, players receive rewards based on the odds, or vice versa.
- The calculation for winnings or losses at this odds is: Initial bet amount x specified odds.
1/4 Handicap Odds:
- If the match ends in a draw, players who bet on the Lower Door are considered winners.
- If the favored team wins by a margin of one goal or more, players who bet on the Upper Door win.
- The calculation for winnings or losses at this odds is: Initial bet amount x specified odds.
1/2 Handicap Odds:
- This common type of odds features the Lower Door given a half-ball handicap compared to the Upper Door.
- If the match results in a draw, players lose the opportunity to win.
- To win, the favored team must win by at least one goal.
- If the match ends in a draw or the team with the handicap wins, players who bet on the Lower Door receive their winnings.
- Calculation for winnings or losses: Initial bet amount x specified odds.
1 3/4 (1.75) Handicap Odds:
- In this type of odds, the favored team must prediction football win by a margin of at least three goals for players who bet on the Upper Door to win.
- If the match ends in a draw, players who bet on the Lower Door receive their entire winnings.
How to read and understand European (Decimal) odds
In the European odds category, understanding the odds table is not too difficult for beginners to grasp the entire betting experience. European odds are also known by another name and often appear on bookmakers as 1×2.
In this type of odds, players can place bets as follows:
- 1: Place a bet on the home team. If the home team wins, those who bet on this option will receive their entire stake.
- 2: Place a bet on the away team. If the away team wins, those who bet on this option will receive their entire stake and winnings.
- X: Players get their entire bet amount refunded if the match ends in a draw, and the bookmaker has to follow the handicap odds.
How to read and understand Over/Under (Total Goals) odds
The Total Goals bet in football, known as Over – Under, requires players to rely on the assessment provided by the bookmaker. After that, players decide to bet on either Over or Under.
In essence, understanding the odds table for this type of bet is as follows:
- Based on the initial figure set by the bookmaker, if the total number of goals scored is higher, then Over is the winning option. Players who bet on Over receive their entire stake.
- If the match concludes with a total number of goals lower than the initial ratio set by the bookmaker, then the Under option is successful. Those who bet on Under will win their betting rewards.
Betting on football is a popular activity among passionate bettors and is a hot trend in the market.
I've provided a detailed and clear guide on understanding the odds table. I hope this helps you gain more experience in betting tips 1x2 betting, making your football betting experience smooth and bringing you good luck.