Detailed guide how to read odds in football betting
In football betting on reputable bookmakers, there are various types of bets, including three basic ones: Asian handicap (handicap), European handicap (1×2), and over/under (O/U). Below, premiumsoccertips will guide you on how to read odds in football, enabling players to quickly familiarize themselves with each type of bet.
What is a bet?
In fact, football betting is the range of betting options offered by bookmakers for different football matches. You can choose the bets that suit your abilities and budget to place your bets. Especially for beginners, you need to know how to read football odds, then choose a reputable bookmaker to place your bets.
First, you need to have a betting account, then log in and find the match you want to bet on. Typically, bookmakers will provide a list of tournaments for you to choose from. Click to view the odds of a match to decide whether to place a bet or not. Additionally, if you are not confident enough in yourself, you can also read guides on how to view football betting odds shared on reputable forums.
Guide to viewing football betting odds
In football, there are many types of bets for players to choose from to suit their playing style. The way to view football betting odds also varies depending on each style of play.
How to read Asian handicap odds
Asian handicap, or Asian Handicap, is a type of bet that Vietnamese bettors use frequently. It includes many smaller types of bets:
- Level ball (draw) – handicap (0-0)
This type of bet is usually used when two teams have similar abilities. There won’t be any rules about which team is on top or at the bottom. The way to view this football betting odds is also simple because no matter which team the player bets on, they will still receive the reward in this case.
Half ball level 0 – 0.5 or 1/4 odds:
This is a bet where the team holding the upper hand gives less than half a ball to the underdog team. The way to view the odds of this football bet is quite simple. If the team you bet on wins, you win. But if the two teams draw, those who bet on the upper team will lose half the bet to those who bet on the lower team.
1/2 ball or 0.5 odds – Half ball handicap:
This is a type of bet where the upper team gives half a ball to the lower team. You won’t get a refund with this type of bet. You place your bet on whichever side, and if the team on that side wins, you win the bet. In the event of a draw, the winnings go to those who bet on the lower team.
3/4 odds, 0.75 or 0.5/1 – Half-one handicap:
The way to read the odds of this bet is as follows:
- If the upper team wins by a margin of 1 goal: If you choose the upper team, you win half the bet; otherwise, you lose half the bet.
- If the upper team wins by a margin of 2 goals or more: If you choose the upper team, you win the bet; if you choose the lower team, you lose the bet. And if the upper team loses or draws against the lower team, those who choose the upper team will give the winnings to the lower team.
1 ball handicap – 1 odds, draw:
The upper team will give 1 ball handicap, and if the upper team wins by 1 goal, the bet will be a draw. If they win by 2 goals, the bet wins. Conversely, if the lower team wins, the upper team loses the bet.
Handicap 1 half ball – 1/1.5 or 1.25 odds:
The way to view this football betting odds is as follows:
- If the upper team wins by 1 goal difference: If you choose the upper team, you lose half the bet; If you choose the lower team, you win half the bet.
- If the upper team wins by a margin of 2 goals: Those who choose the upper team win the bet, those who choose the lower team lose the bet.
- In the case of the lower team winning or drawing: Betting on the upper team loses the bet, betting on the lower team wins the bet.
Handicap 1 half ball – 1.5 odds:
With this type of bet, the upper team will give the lower team a handicap of 1.5 goals. This means that if the home team wins by a margin of 2 goals or more, the away team will lose the bet. If the margin is less than 2 goals, those who bet on the home team will lose the entire bet.
Handicap half to 2 balls – 1.5-2 or 1.75 odds:
If you bet on the upper team and the home team wins by more than 3 goals, you win. If the margin is 2 goals, you win half the bet, while the lower team loses half the bet. In the case of a score difference of less than 2 goals or a draw, the entire bet is lost.
Handicap 2 balls (2) – draw 2:
With this bet, you will draw the bet if the home team wins by a margin of 2 goals. If the margin is less than 2 goals, the away team loses completely. The home team only wins the bet if they score with a margin of 2 goals or more.
Handicap 2.25 – handicap ratio from 2 – 2.5 balls:
With this type of bet, if the upper team’s goal difference is less than 2 goals, the entire bet is lost for the lower team. If they win by a margin of 2 goals, the upper team loses half the bet, while the lower team wins half the bet. If they win by a margin of 3 goals, the upper team wins the entire bet.
Handicap 2.5:
This bet requires the upper team to win by a margin of 3 goals to win the bet. If less, lose or draw, the entire bet is lost for the lower team. There is no draw for the upper team.
Handicap 2.75 – handicap ratio 2.5 – 3 balls:
With this bet, the upper team will give the lower team a handicap of 2.5 to 3 goals. This means that the upper team only wins if there is a margin of 4 goals. If the margin is 3 goals, the upper team only wins half, while the lower team loses half the bet. If the margin is less than 3 goals, the lower team wins the entire bet.
How to view European football betting odds
European odds are only used when two teams have equivalent abilities.
Viewing the odds of European bets is not as complicated as Asian odds. You only need to pay attention to the 1×2 symbol. The 1×2 symbol can be explained as follows:
- The 1 symbol is for the home team, also known as the upper team: If you bet on the home team to win, you will double your bet amount, and you will lose the bet if the lower team wins.
- The X symbol is for a draw between the two teams: You will win the entire bet amount from the bookmaker if the two teams end the match in a draw.
- The 2 symbol is for betting on the away team, the lower team: You will win the bet if the lower team wins.
How to read odds in Over/Under football betting
The guide to Over/Under football betting odds is for players to predict the total number of goals scored in the entire match, without concerning which team wins or loses.
Then, the player will choose over or under according to the odds set by the bookmaker. For example, if the bookmaker sets the odds at 2 but you think there will be more than 2 goals scored in the match, you bet on over. Conversely, if you think there will be fewer than 2 goals, you bet on under. An example of how to read Over/Under betting odds from a bookmaker is as follows:
- If a player bets on over and there are 3 or more goals scored, the player wins double the bet amount.
- If a player bets on under and there are fewer than 2 goals scored, the player wins double the bet amount.
- If the match ends with only 2 goals scored, the player will get the bet amount back regardless of which side they bet on.
Other Over/Under betting odds:
- Over/Under odds 2-2.5: If a player bets on over and there are more than 3 goals scored, the player receives half of the bet amount. If a player bets on under and there are fewer than 3 goals scored, the player wins double the bet amount.
- Over/Under odds 2.5: Conversely, if a player bets on over and there are more than 3 goals scored, the player wins double the bet amount. Betting on under wins only if the total number of goals scored is less than 3.
Football betting odds calculation formula
Here is how to calculate winnings and losses in each bet that you need to know
- Case 1: Complete win – win full amount: Winning amount = capital wagered x odds.
- Case 2: Half win: Winning amount = Capital + winnings (1/2 x capital x odds).
- Case 3: Complete loss – lose all: Losing amount = all money wagered Case 4: Half loss: Losing amount = capital x 1/2.
In general, when participating in football betting sites, you will only encounter 4 cases: complete win, complete loss, half win, or half loss.
Conclusion
In general, understanding how to read odds will help you accurately predict the capabilities of each team to apply the most effective playing style. It’s not an overnight thing but rather a long-term accumulated experience. So keep practicing. The article “Guide to reading accurate football odds from experts” hopefully will help you become more confident on your betting journey. Wishing you always achieve great victories.
See more: Share the top of the most prestigious sports betting apps today