Currently, sports betting is the hottest form of entertainment in the market. Players not only watch matches for enjoyment but also earn a considerable profit for themselves. To achieve this, you need to understand the various betting odds offered by bookmakers. In this article, Wintips will share effective ways to read football betting odds, particularly for newcomers, to assist you in your betting journey.
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What Are Football Betting Odds?
Bookmakers offer multiple betting options for each match, which are referred to as football betting odds. To make a profit, players place bets after selecting the most favorable odds. For newcomers, choosing a reputable bookmaker and understanding how betting odds are calculated are essential.
However, bookmakers often provide complex and challenging football betting odds, making it appear daunting. But once you grasp how to read these odds, you'll find it much more manageable.
Before understanding how to read football betting odds online, you need to familiarize yourself with the common symbols used in the bookmaker's odds table:
The home team is listed at the top, and the away team is at the bottom.
The home team is represented in red text, while the away team is in black text.
The home team is typically favored by the bookmakers, while the away team is considered the underdog.
The favored team is referred to as the "chạp" (handicap) team, and the underdog is referred to as the "được chạp" (receiving handicap) team.
Two teams in black text indicate that they are evenly matched.
Handicap betting is often referred to as "kèo bóng đá châu Á" (Asian Handicap).
European odds are referred to as "kèo bóng đá Châu u" (European odds).
Over/Under betting is referred to as "kèo bóng đá Tài Xỉu" (Over/Under odds).
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Effective Ways to Read Football Betting Odds
Reading Asian Handicap Odds
Asian Handicap, often known as "kèo châu Á," allows you to bet on either the underdog or the favorite. You must choose one of the two teams when betting on Asian Handicap odds.
When looking at the bookmaker's odds table, you may notice numbers like 0.5 – 1; 1 – 1.5, etc. These are the odds ratios provided by the bookmakers for players to bet on. Each odds ratio has its own rules and terminology.
Level Handicap (0)
Level Handicap, also known as "kèo 0," is a common type of football betting odds. It appears in matches where both teams have similar performance levels. Players only need to choose the winning team. If the match ends in a draw, players do not lose their bets.
When the favored team wins, players who bet on the favored team win their bets, while those who bet on the underdog team lose.
When the favored team loses, players who bet on the favored team lose, while those who bet on the underdog team win.
In the event of a draw, players who bet on either the favored or underdog team receive a refund.
Level Handicap (0-0.5) (0.25)
Level Handicap (0-0.5), also known as "kèo đồng nửa," appears when the favored team gives the underdog team a 1/4 handicap (0.25). This type of odds is sometimes referred to as "half-ball odds."
When the favored team wins, players who bet on the favored team win their bets, while those who bet on the underdog team lose half of their bet.
When the favored team loses, players who bet on the favored team lose half of their bet, while those who bet on the underdog team win.
In the event of a draw, players who bet on either team receive half of their bet back.
Reading European Odds
European odds, also known as "kèo 1×2," originate from Europe and are used in matches where both teams have equal strength.
When participating in this type of betting, you do not need to be concerned with the number of goals scored. Instead, focus on which team is the home team and which is the away team. Then, predict the match outcome as either a win, a draw, or a loss.
1 represents a bet on the home team: If the home team wins, you win your bet.
2 represents a bet on the away team: If the away team wins, you win your bet.
X represents a bet on a draw: If the match ends in a draw, you win your bet.
Reading Over/Under Odds
Over/Under odds, also known as "kèo Tài Xỉu," or "kèo O/U," require you to focus on the total number of goals scored by both teams at the end of the match. Bookmakers provide specific numbers, and your task is to predict whether the total goals scored will be over or under that ratio.
Tài (Over) means the total goals scored will exceed the bookmaker's ratio. If the total goals are higher, you win your bet.
Xỉu (Under) means the total goals scored will be less than the bookmaker's ratio. If the total goals are lower, you win your bet.
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In conclusion, Wintips has provided effective ways to read football betting odds, especially for newcomers. We hope that with this information, you now have a better understanding of the various betting odds in the market and can easily participate in betting.