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Detailed Explanation of Football Betting Odds – How to Calculate Winnings in Football Betting
Football betting is one of the most popular types of games today. Not only can you cheer and follow major tournaments, but you also have the chance to win big rewards. However, first, you need to know how to read different betting odds. To help, win tips bet will explain football betting odds in detail and guide you on calculating your winnings in betting.
Terms, Betting Odds, and How to Calculate Winnings in Football Betting
If you want to engage in football betting, it’s essential to understand how winnings are calculated. Each type of bet offers a different payout rate. If you don’t know how to calculate your winnings, you may struggle to determine the best bet to place.
Understanding football betting terms is also crucial. Knowing these terms allows you to comprehend the theories behind football betting odds, making it easier to place successful bets.
How to Calculate Winnings in Football Betting
Most betting sites today do not impose minimum betting amounts, allowing each player to freely decide their wager. However, the payout amount depends on the odds.
Specifically, the payout after betting = stake amount x payout odds.
For example: In a match between Bayern Munich vs. Barcelona with a 0.75 handicap and odds of 0.5:0.95. If you bet on Barcelona to win with a stake of 200,000 VND, your payout would be = 200,000 VND x 0.95 = 190,000 VND + 200,000 VND = 390,000 VND.
Asian Handicap Football Betting Terms
When betting on Asian Handicap football, you may encounter terms like handicap, Handicap Odds, or Asian Handicap. Commonly used terms include:
Odds Ratio: The handicap ratio set by the best bookmaker for football, based on the strength difference between the two teams.
Odds: The exchange rate for payout.
Over/Under (High/Low): Refers to the stronger/weaker team or the team with a handicap.
Win Full: Winning the entire amount.
Lose Full: Losing the entire amount.
Win Half: Winning half of the bet.
Lose Half: Losing half of the bet.
HT (Half Time): Applies to one half (usually the first half).
FT (Full Time): Applies to the entire match (both halves).
ET (Extra Time): Refers to overtime periods.
Pen: 11-meter penalty kick.
Level Handicap (Draw): Handicap bet where the two teams are even.
Running Bet: A live bet placed while the match is ongoing.
Over/Under (Total Goals) Betting Terms
Similar to Asian Handicap, Over/Under betting has its own terms. Also called Over/Under betting, it includes the following:
Over: Represented by “O,” predicts that the final result will be higher than the number set by the bookmaker.
Under: Represented by “U,” predicts that the final result will be lower than the number set by the uk bookmaker offers.
The odds set by bookmakers can relate to goals, cards, corners, etc. It’s important to note whether the odds are for HT (Half Time) or FT (Full Time).
European Odds Football Betting Terms
When betting online, you will likely encounter European odds, which include these terms:
1×2: The name for European odds, betting on the home team.
1: Betting on the home team to win.
X: Betting on a draw.
2: Betting on the home team to lose.
1X: Betting on a home team win or draw.
2X: Betting on a home team loss or draw.
Detailed Explanation of Football Betting Odds
If you want to analyze bets, understanding each betting option is essential. However, you won’t be able to understand which team the odds apply to or the ratios unless you know how to read odds. So, it’s crucial to master the following information:
European Odds
European odds are based on the home team’s performance – Win, Draw, or Loss. It has three corresponding betting options:
This bet is also known as the 1×2 bet:
1: Home team wins
X: Draw
2: Home team loses
Asian Handicap (Handicap Odds)
Asian Handicap, or Handicap, differs from European odds as it’s not based solely on the final outcome and is more complex. Unlike European odds, there is no draw result, so understanding the odds is essential.
Asian Handicap odds consider the strength difference between teams, with the stronger team giving a handicap to the weaker team.
Common Asian Handicap bets include:
Level Handicap (0 Handicap): Both teams have equal strength. If it’s a draw, the stake is refunded.
1-Goal Handicap: The stronger team gives a 1-goal handicap. If the stronger team wins by 2 or more goals, the bet is won.
0.25 Handicap: If the stronger team wins by one goal, the bet wins entirely. In case of a draw, half the stake is returned.
1.25 Handicap: If the stronger team wins by 2 goals, the bet wins; if they win by just one goal, the weaker team’s bet wins.
Explanation of Over/Under Betting
Over/Under betting, or Total Goals, involves predicting whether the final outcome will exceed or fall below a number set by the bookmaker, based on goals, cards, penalties, or corners.
If the outcome is greater than the bookmaker’s figure, it’s an Over bet. If lower, it’s an Under bet.
Explanation of Exact Score Betting
Exact Score betting involves predicting the precise score of the game. The bookmaker will offer likely scores; the harder the outcome, the higher the reward.
Summary
These are the terms and explanations of football betting odds. Hopefully, this information helps you better understand the game and enhances your chances of winning more bets.