A Guide to Understanding Football Betting Odds for Beginners
Understanding football betting odds can be straightforward for seasoned bettors, but for newcomers, it can seem like a mystery. Today, at Bongdaso1, we will clarify all your queries. Let's dive into the main points!
I. Basic Concepts of Football Betting Odds
Before delving into how to read online football betting odds, it's essential to grasp the basic definitions and primary types of odds set by bookmakers.
1. What are Football Betting Odds?
The definition is simple: it's a term used to compare the odds (or scores) between two football teams in a match.
During a match, players will compare their betting odds with the odds provided by the bookmaker.
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The main types of football bets include:
- Asian Handicap
- European Odds
- Over/Under
II. The Simplest Way to Read Football Betting Odds
For many experienced bettors, analyzing football odds is not difficult. However, with years of experience in evaluating football odds, we understand that newcomers may find this completely unfamiliar.
You may feel unsure, but don't worry—reading football betting odds is straightforward and easy. Below are very specific instructions for you.
1. How to Read Asian Handicap Odds
Though the definition is simple, the betting rules can be numerous and complex. Therefore, we need to outline the common bets set by bookmakers to help you read them more easily. In football betting, the Asian Handicap is considered quite complex.
Why is it complex? Because the Asian Handicap includes several different types of bets that you need to remember.
First Bet - Level Ball
How to read: This is also known as a 0 handicap or draw bet. It's quite simple: if the team you bet on wins, you win the bet. If the team loses, you lose the bet. If the match ends in a draw, you get your initial stake back.
Second Bet - Quarter Ball Handicap
How to read: Also known as a ¼ handicap. This means the favorite team gives a quarter-goal handicap to the underdog.
- If the favorite team wins by two goals or more, the bettor wins 100% of the stake.
- If the favorite team wins by one goal or the match draws, the bettor loses 50% of the stake.
- If the favorite team loses, the bettor loses 100% of the stake.
Third Bet - Half Ball Handicap
How to read: Known as a ¾ handicap or 0.5/1 handicap. This is similar to the half ball handicap.
- In addition to the similarity, if the match ends in a draw, the team with the handicap wins 100% of the bet amount.
Fourth Bet - Full Ball Handicap
How to read: Also known as a 1-goal handicap.
- The bettor wins and gets the full amount if the team wins by 2 or more goals.
- If the favorite team wins by exactly 1 goal, the result is a draw.
- If the match ends in a draw or the favorite team loses, the bettor loses 100% of the stake.
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Bet Type 5 - Half Loss Bet
Reading Method: Also known as 1.25 or 5/4 bet.
This bet is quite simple to read, similar to the 1-goal handicap bet, which you can refer to for additional details.
In cases where:
- If the favored team wins by 1 goal, you lose 50% of the bet amount.
Bet Type 6 - 1.5 Bet
Reading Method: Also referred to as a 1.5 or 1 ½ bet.
In cases where:
- If there is a 2-goal difference or more, the handicapped team wins and receives the full payout.
- If the team wins by 1 goal or the match ends in a draw, the handicapped team loses.
Bet Type 7 - 1.75 Bet
Reading Method: Also known as the 1.75 handicap bet. This is a popular choice among football betting enthusiasts.
In cases where:
- If there is a 2-goal difference or more, the handicapped team loses.
- If the match ends in a 1-goal difference or a draw, the team with the handicap wins the bet.
Bet Type 8 - 2 Even Bet
Reading Method: Also known as the 2 even or 2-goal handicap bet.
In cases where:
- If there is a 3-goal difference, the handicapped team wins and receives the full payout.
- If the match ends in a 2-goal difference, the bet is a draw.
- If the match ends in a draw, a loss, or a 1-goal difference, the handicapped team loses the bet.
Bet Type 9 - 2.5 Bet
Reading Method: In cases where:
- If there is a 3-goal difference or more, the handicapped team wins and receives 100% of the bet amount.
- If the match ends in a 1 or 2-goal difference, a draw, or a loss, the handicapped team loses. The victory goes to the team with the handicap.
Bet Type 10 - 2.75 Bet
Reading Method: In cases where:
- If there is a 4-goal difference or more, the handicapped team wins and receives 100% of the bet amount.
- If the match ends in a 1 or 2-goal difference, a draw, or a loss, the handicapped team wins a portion of the bet.
Among all Asian handicap bets, this is the least played, as it is considered the most challenging and complex.
How to Read European Football Betting
With the name European football betting, you might wonder if this is only for people in Europe. However, it's much simpler to play compared to Asian handicap betting, and it has become quite popular among bettors.
Besides knowing how to read Asian handicap bets, it's essential to understand European football betting too! For this type of bet, you only need to focus on the final result, which means:
Reading European Football Bets
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On the board, you will see the following symbols:
- X signifies a draw between the two betting teams.
- 1 signifies a win for the home team and a loss for the away team.
- 2 signifies a win for the away team and a loss for the home team.
Thus, the bettor only needs to place a bet on either the home or away team, win or lose. If the side you bet on wins, you win the bet; if the side you bet on loses, you lose the bet.