Is Analyzing Odds Difficult? If you want to become an effective and professional football betting odds analysis, the first step is to know how to understand betting odds tables.
When you are new to sports betting, this may seem quite unfamiliar to many beginners. So, follow along with Wintips's article below to understand more!
What types of odds are there when analyzing football matches?
Football odds always play a crucial role for betting enthusiasts in online sports betting. Knowing how to understand betting odds tables also helps bettors make decisions on winning or losing when playing at online bookmakers.
Different bookmakers often offer different betting odds. However, they generally share common types of bets.
Common types of bets that players often encounter include:
Asian handicap betting
European handicap betting
Over/under betting
Most online bookmakers provide all three types of football bets for players to participate in.
Each type of bet will have a different way of understanding the odds table. Bettors need to pay attention to fully understand these three types of bets in order to participate in sports betting effectively.
How to understand betting odds tables in online bookmakers
To help players analyze football odds more effectively, I will provide detailed instructions on understanding the odds table according to each type as follows.
How to understand Asian handicap betting odds tables
Asian Handicap, or more commonly known as Handicap betting, is a type of bet based on the odds set by online bookmakers, where Asian bookmakers offer smaller handicap bets for players in this region.
When you choose to bet on Asian Handicap, you can only place bets on two options: Over and Under. There is no possibility of a draw.
Here are some ways to understand the odds table based on different Asian Handicap odds:
0 – 0 Odds:
With this odds, if the match ends with no winner, players are allowed to get their initial bet back. If there is a winning result, players either receive rewards based on the odds or lose the bet accordingly.
The calculation for winning or losing at this odds is:
Initial bet amount x specified odds.
1/4 Odds:
For this type of odds, if the match ends in a draw, those betting on the Under option are considered winners. If the match result favors the team with a lead of one goal or more, the Over bettors win.
The calculation for winning or losing at 1/4 odds is:
Initial bet amount x specified odds.
1/2 Odds:
This is a common type of odds where the Under option is given a handicap of half a goal compared to the Over option. If the match ends in a draw, players lose the opportunity to win rewards.
For this odds, if you bet on the Over option, the favored team must win by at least one goal to win the bet. If the match ends in a draw or the team with the handicap wins, those who bet on the Under option are lucky to receive money.
1 3/4 (1.75) Odds:
In this type of odds by hot betting tips, if the handicap is 1.75 goals, the favored team must win by a margin of 3 goals for those betting on the handicap to win. If the match ends in a draw, those betting on the Under option receive the full winning amount.
How to understand European handicap betting odds tables
In the European handicap betting category, understanding the odds table is not too difficult for beginners to grasp the entire betting experience. European handicap betting is also known by another name commonly seen at bookmakers, which is 1×2.
In this type of bet, players can place bets as follows:
1: Bet on the home team. If the home team wins, those who placed bets on this option receive the full payout.
2: Bet on the away team. If the away team wins, those who placed bets on this option receive the full payout.
X: Players receive their initial bet back if the match ends in a draw, and the bookmaker must set the odds accordingly.
How to understand over/under betting odds tables
In football, the Over/Under bet, also known as Over – Under, requires players to rely on the assessment provided by the bookmaker. Then, they make decisions on betting on either Over or Under.
Basically, understanding how to read this odds table goes as follows:
Based on the initial number set by the bookmaker, if the total number of goals scored exceeds this number, the Over option wins. Players who bet on Over receive the full payout.
If the match ends with a total number of goals scored less than the initial odds set by the bookmaker, the Under option wins. Those who bet on Under will win the betting rewards.
Football betting is a popular activity among many enthusiasts, and it's a hot trend in the market.
Above, I've helped you understand how to read the odds table in detail and clearly. I hope this helps you gain more experience in soccer win tips betting, making your football betting smoother and more fortunate.