Football is the king sport that attracts a large number of fans around the world. Many people not only like to watch matches but also like to bet on their favorite team for entertainment and to earn extra income. However, to always win bets, you need to understand clearly what soccer betting odds is? How to calculate winnings and losses when betting on the score most accurately? Let’s find out now.
1. Brief introduction to soccer betting odds
soccer betting odds is basically a number that reflects the difference in strength between two teams in a match. The odds are given by the bookmaker for players to bet on. Usually, football odds will be announced by the bookmaker 1 week before the live match. Each different type of bet will have different odds.
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What is soccer betting odds?
Odds are often proportional to winnings. Therefore, the more capital you bet and win, the more winnings you receive. High or low football odds depend a lot on each bookmaker. Therefore, players need to base on their knowledge and bet at the right time to increase their chances of winning as well as pocket the opportunity to earn big money.
2. List of common basic soccer betting odds types today
To meet the growing needs of players, the betting odds system at bookmakers is updated very richly. Among them, the most popular types of football betting odds today can be mentioned as:
2.1. Asian betting odds
Asian betting odds are also known by many other familiar names such as Asian odds, Handicap odds or handicap odds. This type of odds tends to evaluate the difference in level between two teams. Therefore, when a handicap appears, it means that in the match, a stronger team will concede a certain number of goals to the weaker team.
Asian betting results are only calculated based on the official match time of the match, not including extra time or extra time. Moreover, Asian odds will be divided into many small odds to help players easily choose to bet.
2.2. European betting odds
European odds are also known as European odds. This type of odds supports 3 doors for players to bet on each time they participate, which are home, away and draw. Players will win if they win the odds given by the bookmaker.
Soccer Odds Types – European Odds
2.3. Over/Under betting odds
This is an odds ratio developed from Asian odds. However, this type of bet will not bet based on the win or loss results of the 2 teams. Instead, the betting results will be calculated based on the total number of goals scored in the match. Therefore, when betting on the over/under in a football match, the player will predict whether the match result will be lower (Under) or higher (Over) than the odds given by the bookmaker.
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3. Instructions on how to calculate winnings and losses when betting on soccer scores
Calculating winnings and losses when betting on soccer scores is not difficult. You just need to rely on the odds given by the bookmaker and apply the following formulas to ensure that you can calculate the money easily.
- Winning enough when winning a bet: Winning money = capital x odds.
- Winning half the money: Winning money = ½ x capital x odds + capital.
- Losing enough when losing a bet: Losing money = Betting capital (losing all).
- Losing half the money: Losing money = ½ x capital.
Above is the complete set of detailed information about soccer betting odds. Hopefully, after reading the article, you will have a lot of useful knowledge to help you play football betting effectively.
