Football betting is one of the most popular online gambling activities. If you’re interested in joining the fun but are unsure about how to read football odds correctly, you’ve come to the right place. At WINPH games, we’ll provide you with all the knowledge you need about online football betting. We’ll also share some tips to help you win more often.
What are Football Odds?
Football odds are essentially the probability of a team winning a match, set by bookmakers. They provide different odds for players to choose from. You can then decide which odds to bet on based on your ability to analyze and predict a specific match.
Each type of odds has different ways of reading them. Knowing how to read these odds is essential if you want to win. In football betting, there are two main types of odds: Asian odds, European odds, and over/under odds.
Understanding Asian Football Odds
Asian odds are the most common type of odds, and they’re often chosen by many bettors. There are various betting options available for this type of odds. Here’s a guide to reading Asian odds:
Draw Odds
This is the most basic and straightforward type of odds, making it popular among bettors. With draw odds, if the team you bet on wins, you win the bet and get your money. If the team you bet on loses, you lose your bet. In a special scenario where both teams tie, you get your money back. This means you neither win nor lose.
¼ Odds
Also known as 0.25 or 0-0.5 odds, these give you money if your chosen team wins. If the match ends in a draw, you will lose half your bet if you chose the underdog team. Conversely, if you bet on the favorite team, you will get half your bet back.
½ Odds
With ½ odds, the favored team has a half-goal advantage over the underdog team. However, you don’t get your money back if the match ends in a draw. You either win or lose. If you bet on the favorite team to win and they do, you will get your money. If you bet on the favorite team to win, but they lose, you lose your bet.
¾ Odds
¾ odds are also known as 1.5 goal handicap odds. You will only get paid if the favored team wins by two goals or more. If the score is less than two goals, you lose your bet.
1.5 Odds
In 1.5 goal handicap odds, the favorite team is given a 1.5-goal advantage over the underdog. If the match ends in a draw or the favorite team wins by one goal, you lose your bet. If the favorite team wins by two goals or more, you win the bet.
How to Read European Football Odds
Besides Asian odds, European odds are also very popular and are favored by many bettors. European odds, also known as 1×2 odds, can be explained as follows:
- 1: This means you bet on the home team winning. You win the bet and get your money if the home team wins.
- X: This means both teams tie. You win the bet if both teams tie.
- 2: This means you bet on the away team winning. You win the bet and get your money if the away team wins.
How to Read Over/Under Football Odds
Lastly, WINPH will show you how to read the over/under odds. Here’s a breakdown:
- If the match ends with a combined total of two goals or less, the bettor who chooses the ‘under’ will win, and the one who chooses the ‘over’ will lose. Usually, this type of bet uses the 2.5 goal mark.
- With a 2.5 goal mark, if you chose the ‘over’ and the match ends with only two goals, you will lose half your bet. However, if the match has an additional goal, you win the bet.
Conclusion
This article explains how to read football odds clearly and accurately. To further understand these odds, sign up for WINPH today. Our platform has a variety of exciting and thrilling football matches.