Learning about soccer odds is a basic lesson for beginners because each form corresponds to different rules. If not mastered, players can easily place bets incorrectly. Therefore, ABC8 will help new players understand how to read soccer odds and tips to conquer different genres.
What is the concept of soccer odds in betting?
In betting, the concept of “odds” (odds) is often used to measure the winning rate in the odds. Depending on the bookmaker, there will usually be a common odds form that is either a decimal or a fraction.
For example, in a match between team A and team B, if you see 2.25, this is a decimal odds ratio. If you see the odds ratio is ⅖, this is a fractional form of odds. We will mainly see the decimal form at most reputable bookmakers in the market today.
Popular soccer odds today
Currently, there are many different odds, such as: Asian odds, rung odds, corner odds, cross odds… But the most popular form of players at Abc8 sports is the 4 bookmaker odds below:
European odds
In European Odds, teams are represented by numbers; if stronger, they have lower odds. On the contrary, the underrated team will receive higher odds. Usually between 1.0 and about 4.0.
For example, suppose in a match between Manchester United and Liverpool, the odds for Manchester United are 2.50 while the odds for Liverpool are 1.80. This means that you will receive $250 if you bet $100 on Manchester United and they win. On the other hand, if you bet $100 on Liverpool and they win, you will only receive $180.
Hong Kong Football Odds
In Hong Kong Odds, the value of the odds is expressed as a decimal or integer, and is usually greater than 0.
The formula for calculating Hong Kong Odds is as follows:
Total amount received = Bet amount + (Bet amount x Hong Kong Odds)
Suppose you bet 100 on Team A with odds of 2.22, then the winning amount will be 100 + (100 x 2.22) = 322
Hong Kong Odds are often used in types of bets such as winning team bets, score bets, handicap bets, and many other types of bets in sports betting.
Malaysia Football Odds
If the Malay Odds ratio is a negative number, the winning amount will be calculated by taking the absolute value of (Bet amount x Malay Odds) plus (Bet amount x 1.00).
If the Malay Odds are positive, the winning amount will be calculated by adding the initial bet amount to (Bet amount x Malay Odds). When the bet loses, the amount lost will be (Bet amount x Malay Odds).
For example, if the Malay Odds ratio is -0.70 and you bet 100, when the bet loses, you will lose:
Losing amount = 100 x 0.70 = 70
How to effectively analyze soccer odds
To be able to play soccer odds effectively, we will share some effective tips for newbies:
In a match between a high-ranking team and a low-ranking team, the odds for the high-ranking team will be high at first. Usually, the odds start at 1 and then drop to ¾ after about 25 minutes from the start of the match. Therefore, choosing a high-ranking team will not have an advantage over a low-ranking team.
In the case of a strong team playing against a weak team, and the odds are ½, the winnings will be high. Betting on the weak team is the priority choice.
If the odds decrease in a match between a strong team and a weak team, but the winnings remain the same, you should still choose the weak team.
Find out the recent form of the team you intend to bet on. Furthermore, you should evaluate the relative strength of the teams against each other through many factors on and off the field.
