Understanding how to read football odds accurately in detail
Many people think that betting on football is just a game of red and black. However, it also requires players to have certain skills. One of the most important things is to know how to read football odds. Many people, despite betting on football for many years, still do not know how to read all the types of odds offered by bookmakers.
Therefore, in this article, win betting tips Vip will guide and explain in detail how to read football odds accurately and simply. Let's follow along!
What are football odds?
Before delving into how to read football odds, we need to define the concept of football odds. Before each match, online bookmakers always offer betting odds to predict the final outcome. You need to rely on the information provided by the bookmakers to place money on the team with the highest chance of winning. Therefore, before participating, players need to create an account with a reputable list of betting site, then study the playing style of the teams carefully to choose the right betting option and bring home attractive rewards.
Meaning of the odds table
The odds table for a football match online provides us with quite a lot of basic information such as the names of the two teams participating in the match, the Asian Handicap odds, and the odds of the Asian Handicap bet, the Over/Under odds, etc. To enter this field of football betting, you first need to read and understand the information provided by the bookmakers on the odds table. Below, Wintips will guide you on how to read the various types of odds in football to help you understand and grasp these odds.
A set of handicap odds
Appearing at the top left corner of the odds table are the names of the two football teams that we will choose to bet on. For example, in the case above, we can see that the two football teams are AC Milan and Sampdoria. The home team AC Milan will be listed at the top, while Sampdoria, playing away, will be listed below.
Next to the names of the two teams, we can see three brown, black, and green boxes. The interpretation of these boxes is as follows: For the brown box, it represents the Asian Handicap odds and the odds of the Asian Handicap bet offered by the bookmaker. The black box represents the Over/Under odds and the odds of the Over/Under bet. Finally, the green box represents the odds of the European Handicap bet.
Learning to read Asian Handicap odds
Asian Handicap, also known as the Handicap bet, is the most popular type of football bet and is favored by many Vietnamese players. This is also the first type of bet that appears in the odds table. So let's learn how to read Asian Handicap football odds.
Information to pay attention to when analyzing Asian Handicap odds
In the example above, the online bookmaker in usa has provided 4 different Asian Handicap odds corresponding to 4 horizontally boxed areas. These contain necessary information such as the upper team's handicap, the lower team's handicap, the Asian Handicap odds offered by the bookmaker, and the odds of that bet. Let's analyze each content step by step.
Information on the upper team's handicap, the lower team's handicap
In the section with the names of the two football teams, we already know which team is the home team and which team is the away team by writing the home team's name at the top. However, it also shows which team is rated as the upper team and which team is rated as the lower team in the Asian Handicap bet.
Initially, we don't need to pay much attention to the box, but focus on the team names. In the example, we can see that the name given to the home team Alaves is printed in red. This indicates that the bookmaker is rating this team higher. And because Alaves is stronger, they will have to give a handicap to their opponent Valladolid.
So, looking at the odds table example above, we can see that Alaves is the upper team and has to give a handicap in ¾ of the odds that the bookmaker offers. The first bet doesn't have any team printed in red, so it's considered a level handicap, with no team given a handicap. So specifically, how the upper team handicaps the opponent, let's find out below.
Information on the Handicap odds and the odds of the bet
After reading the information about the two football teams, knowing which team is the upper team and which team is the lower team, we need to determine how the upper team will handicap the lower team.
Handicap information and the odds of the bet
The red area indicates the Handicap information and the odds of the bet. Here we have 2 columns, one on the left with Handicap information, and one on the right with the odds of the bet. In the Handicap information section, we can see that the bookmaker records numbers such as 0, 0-0.5, 0.5,... So what do these numbers mean?
0 - means a tie, a draw:
In this betting option, we can see that the names of the two teams are not printed in red, so no team is considered stronger. There is no team given a handicap.
At the end of the match, if Alaves wins, players who bet on Alaves will receive odds corresponding to the amount stated next to the team name, which is 1.77, while those who bet on the away team will lose their entire bet.
Conversely, if Valladolid wins, those who bet on them will receive odds of 2.11 times their initial bet, while those who bet on Alaves will lose their entire bet.
If the two teams draw, regardless of which team you bet on, it will be considered a draw and your bet will be refunded.
0-0.5 - means the upper team gives a ¼ left handicap, the lower team takes half the handicap
In the example, we also see this betting option. Here, Alaves is printed in red, indicating that it is the upper team. The rules of the game will be slightly different from the level handicap.
After the match results are determined. If the victory belongs to Alaves, players who bet on the upper team will win their entire bet, while those who bet on the lower team will lose their entire bet.
The difference when participating in betting lies in the fact that if the two teams draw, players who bet on the upper team will lose half of their bet, while those who bet on the lower team will win half of their bet multiplied by the odds given.
According to the example, if the two teams draw, a player who bet 100k on Alaves will lose 50k. If a player bets 100k on the lower team, Valladolid, they will not only receive 100k but also an additional 50k multiplied by 0.72.
0.5 - means the upper team gives a half handicap
In the example above, there is also a half handicap bet. Here, if Alaves wins, players who bet on this team will win their entire bet, and conversely for those who bet on the lower team.
A draw continues to have a different outcome compared to the previous 2 bets. In the half handicap bet, if the two teams draw, the player who bet on the upper team will lose their entire bet, while the player who bet on the lower team will win their entire bet.
0.5-1 - means the upper team gives a ¾ left handicap
At this point, the upper team has to give quite a large handicap. If they only win by 1 goal, players who bet on the upper team will only win half their bet using the same calculation as mentioned above. Meanwhile, players who bet on the lower team will also lose half their bet.
If the upper team wins by a greater margin than 1 goal, then players who bet on the upper team will win their bet, and those who bet on the lower team will lose their bet.
However, if the lower team wins or draws, then of course players who bet on them will still win their bet, while those who bet on the upper team will still lose their bet.
1 - means the upper team gives a 1 left handicap
If the upper team gives a handicap to the opponent by 1 goal, then if they only win by a margin of 1 goal, players who bet on either the lower or upper team will have their bet refunded, similar to a level handicap.
If the upper team wins by a margin of more than 1 goal, then at this point, players who bet on the upper team will be able to win the bet, while those who bet on the lower team will naturally lose the bet.
1-1.5 - means the upper team gives a 1 ¼ left handicap
This bet is almost similar to the half handicap bet, with the difference being that if the upper team wins by a margin of 1 goal, players who bet on this team will still lose half of their bet.
Meanwhile, the lower team at this point only needs to draw or win by a margin of 1 goal to win the bet. If they lose by 1 goal, it's still okay because they still win half the bet.
1.5 - means the upper team gives a 1 ½ left handicap
Similar to the half handicap bet, here if you want to win the bet, the upper team must win by a margin of 2 goals or more.
Meanwhile, the lower team only needs to win, draw, or lose by a margin of 1 goal to still be able to win the bet.
Reading football handicap odds is similar for larger handicap bets like 1.5-2, 2, 2-2.5,... The higher the handicap given by the bookmaker to the upper team, the more they will have to win big to win the bet.