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What Are Odds in Football Betting? Every Bettor Must Understand!
This is a question that many football betting enthusiasts still don't fully grasp. How can you accurately calculate odds? Understanding odds is crucial because they directly impact your chances of winning at the bookmakers daily. Let’s explore some key insights with win betting tips below to find the precise answer to what odds mean in football betting!
What Are Odds in Football Betting?
The question “what are odds in football betting?” is common among bettors. Simply put, odds represent a type of betting rate — the percentage of the payout you will receive when you place a bet. bookmaker online provide these odds and adjust them according to each betting type and market.
It’s important to note that odds can sometimes lead to betting failures, especially when dealing with fraudulent or scam bookmakers. In such cases, odds can be seen as a self-made trap. Therefore, it’s crucial for players to be wise and cautious in their decisions to maximize their winning potential.
How to Analyze Odds
After understanding what odds are, let’s dive into how to read running odds — a method widely shared among bettors. It’s not too difficult, but you should pay special attention to odds values ending in 5 or 0.
For such odds, you should adjust your bet to a corresponding handicap of 3/4, 1/2, or 1/4. Running odds usually become clearer around the 10th, 15th, or 20th minute, with slight variations.
Before a match starts, many players place a considerable amount on the Under bet (Xỉu). However, this comes with risks — an early goal can cause significant losses. To lure participants, some bookmakers set "bait" odds.
To counter this, monitor the scoreboards and select matches where the bookmaker offers a handicap of more than 1 (e.g., 1, 1.25, 1.5, 1.75, etc.).
If you can’t find a suitable match, it’s best to skip betting.
Also, make sure you have a stable Internet connection and a smooth-running device when engaging in live betting to catch the best odds.
During the first half, common bets are Over 1, 1.25, or 1.5, but remember to keep each bet under 100 units for safer management.
See more: top 10 best female volleyball players
Basic Types of Odds Every Player Should Know
What are odds in football betting?
Let’s take a look at the most basic odds formats:
Malay Odds – MY Odds
This format displays both the stake and potential winnings. Malay Odds are presented in two forms: positive and negative.
Positive odds:
Return=Stake + (Stake × Malay Odds)
If you lose, you lose the full stake.
Negative odds:
If you win: Return=(Stake × Malay Odds) + (Stake × 1.00)
If you lose: Return=Stake + (Stake × Malay Odds)
Indo Odds – Indonesian Odds
Indo odds are derived from Hong Kong odds. If Hong Kong odds are above 1.00, Indo odds match them. Like Malay odds, Indo odds have two cases:
Positive odds:
If you win: Return=Stake + (Stake × Odds)
If you lose: You lose the full stake.
Negative odds:
If you win: Return=Stake + (Stake ÷ Odds)
If you lose: Loss=Stake × Odds
Hong Kong Odds – HK Odds
Hong Kong odds are based on European odds but display differently.
HK Odds only show the profit amount (excluding the initial stake) and are always greater than 0.00.
Return=Stake + (Stake × Hong Kong Odds)
European Odds – Decimal Odds
European decimal odds display both the stake and the potential winnings together. They are always greater than 1.00.
Return=Stake × Decimal Odds
European odds apply to bets like 1×2, correct score, parlays, and more.
US Odds – American Odds
US odds are derived from Hong Kong odds and calculated as follows:
If Hong Kong odds are less than 1.00, the formula is:
US Odds=-1 / Hong Kong Odds.
Example: If HK Odd is 0.78, then US Odd=-1 / 0.78=-1.28.
In a typical match, there are three main odds phases:
Open Odds (initial odds)
Live Odds (updated during the match)
Running Odds (real-time odds adjustments).
How to Analyze Odds for the Best Winning Chances
Now that you understand what odds are in football betting, let’s discover how to effectively analyze odds.
There are many odds analysis techniques widely used by professional bettors in Vietnam. Proper analysis will help you place smarter and more efficient bets.
Since you can place bets live during matches, you can minimize losses and increase your chances of winning.
Gather Information
Before setting your own odds and betting, it's essential to research thoroughly:
Review team performance, rankings, player strength, formations, coaches, home vs. Away status, and more.
Also, gather information from reputable football analysis websites to make better-informed decisions.
Following a match closely from start to finish is one of the best ways to gain valuable betting experience.
Understanding what odds are in football betting and how to read them will equip you with crucial knowledge and experience to bet smarter.
Besides luck, successful sports betting demands solid calculation skills.
Good luck and may you achieve great success!
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