Football betting odds are no longer a mystery to those who love football betting. What could be better than choosing the right odds and winning big? However, there are still some people who don't know how to read basic bookmaker odds. In this article, Wintips will provide you with useful information.
Bookmaker Odds Concept
Bookmaker odds are the type of odds set by the bookmaker for a particular match. Bookmakers offer various odds based on their decisions. Bookmakers are places where you can engage in football betting, casino games, and more. Therefore, bookmaker odds are an essential part of their business.
Reading bookmaker odds is thoroughly explained to those participating at bookmakers. You can see that this is crucial for players. It makes it more convenient for players when they engage in football betting there.
Today, bookmaker odds are referred to by various names. For example, football odds, football betting odds, and online bookmaker odds. Bookmakers release odds relatively early to accommodate participants. However, the timing of odds release may vary depending on the bookmaker. Also, you should not be surprised because these odds change depending on the bookmaker.
Stay calm in the face of bookmaker odds because they are constantly updated. Every player must stay updated to participate in football betting.
Basic Bookmaker Odds Reading
These types of odds are popular in the current market. We will guide you on how to read them to be more proactive in your betting. Concentrate and follow how to read them.
Reading 1X2 Odds
This is considered one of the easiest and simplest odds to play with today. It's also commonly known as 1X2 odds. With this type of odds, you can place your bet on either the home team or the away team. You are only allowed to choose to bet on one of the two teams competing in the match.
Reading these bookmaker odds is straightforward, as long as you understand the rules of the game. When playing this odds, you'll be concerned about the home team and the away team. You'll make predictions of a win, loss, or a draw.
If you bet on the home team and they win, you'll win your bet. If you bet on the away team and they win, you'll also win. If you bet on both teams to draw, you'll win your bet. Reading these odds is simple and won't pose any difficulties during your play.
Reading Asian Handicap Odds
Reading basic bookmaker odds is extremely easy for you. Asian Handicap odds are a typical example of how to read odds. Asian Handicap odds are very popular today and are often referred to as Handicap odds. You can place bets on either the higher or lower side.
Reading these odds is not difficult for newcomers. These odds come in a variety of ratios. You will choose the odds that best suit you.
Handicap Betting
This type of bet is played when two competing teams have similar abilities. You only need to select the winning team. In the case of a tie, you won't lose your money.
There are specific rules for reading the odds offered by the bookmaker that you must accept. If you place a bet on the favorite team, and the favorite wins, you have a chance to win and make some money. However, if you bet on the underdog and they lose, you will lose your entire stake.
Handicap -0.25
This handicap is when the favorite team gives a 0.25 goal advantage to the underdog. This type of bet is quite popular among professional gamblers. If you bet on the favorite team, and they win, you win your bet. If the underdog wins, you lose your stake. In the case of a draw, half of your bet is refunded for the favorite, and the underdog bet wins half.
Handicap -0.5
Reading the odds for this type of bet is straightforward. It is commonly used when two teams are evenly matched. If you bet on the favorite, and the favorite wins, you win. If the underdog loses, they lose their bet. So, be cautious when choosing your bet.
Handicap -1
You will come across this bet when two teams have a noticeable difference in form. This bet is applied when the game starts with a 1-goal difference, with the favorite team needing to win by at least 2 goals to win the bet. If the favorite team wins 1-0, it's a push, and your stake is refunded for both sides.
Handicap -2
If you're not familiar with reading handicap bets, here's an explanation. In this bet, the favorite team gives the underdog a 2-goal advantage. To win this bet, the favorite must win by a margin of 3 goals. If the favorite wins by only 2 goals, it's considered a draw, and you don't get your money back, regardless of which side you bet on.
Over/Under Betting – How to Read Over/Under Odds
When it comes to over/under betting, you should pay attention to the final score of the game. The bookmaker will provide odds while the game is in progress. Focus on the total number of goals scored in the match, as this will determine the outcome of your bet. 'Tài' refers to the total goals scored exceeding the bookmaker's set line, while 'Xỉu' means the total goals scored falling below the line. If the total goals scored in the game surpass the bookmaker's line, and you bet 'Tài,' you win. Conversely, if the goals scored fall below the line and you bet 'Xỉu,' you win.
In Conclusion
This article provides you with the basics of reading odds for newcomers to football betting. We hope you achieve the best results when participating in betting, and don't forget to follow us for the latest updates on soccer.
