Many sports bettors who enjoy betting on football still don't fully understand what odds are. What is the accurate formula for analyzing odds? Odds are one of the key factors that you need to understand thoroughly in order to have a high chance of winning when participating in betting at bookmakers. Follow some informative content in the article below to find the correct answers.

What are odds? Odds in football betting

If you're wondering what betting odds are, here's a simple explanation: Football odds are the type of betting ratio offered by soccer hot today. It's the ratio of the amount of money you'll receive when participating in football betting at bookmakers. Bookmakers will provide these odds and control them based on certain criteria. They depend on various betting methods and types of bets.

In reality, sometimes odds may lead you to bet on the losing side. This scenario often occurs at unreliable and deceptive bookmakers. Therefore, this can be seen as a trap set by unreliable bookmakers. Players need to stay vigilant and clear-headed in all their decisions. Only then can they ensure the best winning outcome for themselves.

How to read odds in current football betting

After understanding what betting odds are, grasping how to read odds is also one of the crucial factors that participants need to pay attention to. In reality, odds typically display only two main trailing digits: 5 and 0. Similarly, betting in football betting is divided into four types: ¼, ½, 1 draw, ¾. It's essential for participants to adhere to and understand this rule correctly to read the most accurate odds for each match.

In football betting, it's important to note that odds do not include the trailing digits 3, 4, 8, 9, 1, 2, 6, 7. Therefore, when reading odds on betting websites, players need to pay attention to this. This prevents falling into the trap of deception. If the odds listed on a website are 16.7, 1.34, 8.2... Players should round them down to the nearest 5 or 0. For example: 16.70, 1.35, 8.20...

Guide to analyzing Running Odds in current football betting

Analyzing Running Odds, according to many expert bettors, isn't overly difficult. However, it's essential to pay special attention to odds values ending in 5 and 0. For these odds, bettors need to convert a corresponding ball side to ¾, ½, 1 draw, ¼. Analyzing Running Odds involves looking for differences at specific time intervals like the 15th, 10th, and 20th minutes.

Before the match begins, they often place a considerable amount of money on the Under market. This strategy involves a risk factor: the possibility of losing all the money if there's an early goal. Some bookmakers use enticing odds to lure bettors into participating. Bettors should keep an eye on the odds board and select matches offered by the best prediction app for betting with favorable handicaps (1, 1.5, 1.25, 1.75…).

If the options don't seem favorable, it's best to ignore them. When betting on fluctuating odds, bettors should ensure they have a stable internet connection and a well-functioning device. This will make it easier to bet on running odds throughout the match. In the first half, bettors should consider betting on Over/Under odds like 1.25, 1, 1.5. However, they should be cautious about placing bets with odds lower than 100.

Types of odds in current football betting

When betting on football, you may encounter the following basic types of odds:

Hong Kong Odds in football betting

With Hong Kong odds, the odds are usually greater than 0. Your winning payout will be = (bet amount x Hong Kong odds) + bet amount.

European Odds in football betting

European odds, on the other hand, are often greater than 1. They are commonly used for 1×2 bets, accumulator bets, correct score bets, etc. Your winning payout will be = European odds x bet amount. Note that European odds are different from Asian Handicap odds.

>> See more: The top 10 which site is 100% accurate for football predictions free?

Malaysian Odds in football betting

Depending on the match outcome, Malaysian odds can be positive or negative.

Positive odds: Your winning payout will be = (Malaysian odds x bet amount) + bet amount. If you lose the bet, you lose your initial bet amount.

Negative odds: Your winning payout will be = (Bet amount x 1.00) + (Malaysian odds x bet amount). If you lose the bet, you will receive back = (Malaysian odds x bet amount) + bet amount.

Indonesian Odds in football betting

This type of odds corresponds to Hong Kong odds. Calculating Indonesian odds depends on whether they are positive or negative.

Negative odds: Your return will be = (bet amount / |Odds|) + bet amount. The amount deducted when you lose the bet is = |Odds| x bet amount.

Positive odds: Your return will be = (odds x bet amount) + bet amount. If you lose the bet, the initial bet amount is deducted.

Conclusion

The article from winning tips has answered the question of what betting odds are and shared an extremely accurate formula for analyzing odds. Hopefully, this information will be helpful to those who participate in betting. Don't let bookmakers take advantage of these odds to deceive you.