Football bettors are familiar with bookmaker odds, but newcomers may still not fully understand this term. If you want to engage in football betting and achieve victory, you must certainly be familiar with this terminology and know how to accurately analyze odds. In today's article, Wintips will help you understand this terminology in detail and share effective strategies for analyzing football odds.
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Introduction to bookmaker odds in football
Players are already familiar with bookmakers, which are platforms that provide games and betting products ranging from sports betting to casino games. One of the main products offered by bookmakers today is sports betting, where players can place bets on highly attractive football odds with favorable betting rates. Bookmaker odds refer to the odds for these sports bets.
In addition to the aforementioned terminology, players may also come across other terms such as football odds or live odds. Players have numerous options when it comes to football betting because bookmakers offer a wide variety of odds. Depending on the actual match situation, players will be provided with different types of odds.
Bookmaker odds are provided by the bookmakers about one week before the start of the match. During this time, the odds may change due to the number of people placing bets or information about the match. Therefore, players need to closely monitor these changes in the odds.
Some popular types of bookmaker football odds today
As mentioned, there are various types of odds that bookmakers can provide in the current market. Players need to gather information about each type of odds, how to place bets, and the winning probabilities in order to choose the appropriate bookmaker odds and place the right amount of bets. Below, I will introduce some of the most popular types of odds that are available in every match.
Asian handicap (AH) odds
Asian handicap odds are also known as 1×2 odds, which is the notation used for this type of odds on the betting information board. Asian handicap odds are very easy to understand and win. Players only need to bet on which team will win or draw. The betting options in this bookmaker odds type are:
Home team win: Betting on the home team to win.
Draw: Betting on both teams to draw.
Away team win: Betting on the away team to win.
Asian handicap (AH) odds
Asian handicap odds are the second most popular bookmaker odds, also known as handicap odds or Handicap (HDP) odds. This type of odds is used in matches between two teams with different levels of strength. The greater the difference in strength between the two teams, the higher the handicap odds will be.
This means that Asian handicap odds have various different rates. Players are often familiar with handicaps such as 1.25 (half-ball handicap) or 1.75. Calculating the winnings in this type of odds is more complicated because players can win or lose half of the bet amount, rather than always losing the entire bet. For example, a handicap of 1.25 works as follows:
If the goal difference favors the upper team by one goal, the player betting on the upper team loses half the bet amount, while the player betting on the lower team wins half the bet amount.
If the goal difference is two or more goals in favor of the upper team, the player betting on the upper team wins, while the player betting on the lower team loses the entire bet amount.
If it is a draw or the upper team loses, the player who bet on the upper team loses the entire bet amount, while the player who bet on the lower team wins the entire bet amount.
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Over/Under (O/U) odds
Over/Under odds are considered the simplest bookmaker odds and have the highest winning probabilities, making it easy for newcomers to participate. Players only have two choices to bet on: Over or Under, based on the number of goals they predict each team will score.
Over/Under odds are also known as Total goals or O/U odds. The calculation of winnings can also be based on the first half score, second half score, or the entire match.
Tips for accurately betting on football odds
To win when betting on football odds at bookmakers, players need not only to correctly predict the match score but also to have some knowledge and experience. Here are some tips to share:
Refer to articles and odds analysis
Currently, there are many websites, forums, and articles that share predictions before matches, also known as odds analysis. Players can rely on the predictions of others to gain insights into their own predictions. However, players need to choose reliable and reputable sources for odds analysis, ensuring high accuracy.
Research match information
Above all, players need to have knowledge about the upcoming match and the teams involved. It is impossible to place random bets and achieve victory, so players need to take the time to gather information. This will provide an objective view and enable more accurate predictions.
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Conclusion
Today's article has provided a relatively detailed understanding of what football odds are and the most popular types of odds available today. Along with that, we have also shared strategies for accurately analyzing odds in order to achieve victory when betting.
