Football betting enthusiasts are no strangers to the term 'bookmaker's odds,' but newcomers may not fully understand this terminology. If you want to engage in football betting and secure a win, you must certainly be familiar with this term and how to accurately assess the odds. In today's article, Wintips will help you delve into this terminology in detail and share effective football betting strategies.
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Introduction to football bookmaker's odds
Players are already familiar with bookmakers, establishments that offer various games and betting products ranging from sports to card games. One of the primary products offered by bookmakers today is sports betting, where players can place bets on exciting football odds with lucrative payout rates. 'Bookmaker's odds' is the term used to refer to these sports betting odds.
Apart from this term, players may encounter other names like football odds, live odds, and more. Players have a wide range of choices when it comes to football betting, as bookmakers offer a diverse array of odds. Depending on the real-time match situation, players may be provided with different types of odds.
Bookmaker's odds are typically provided by bookmakers about a week before the match begins. During this period, the odds may also change due to the volume of bets placed or match-related information. Therefore, players will need to closely monitor these changes to stay updated on the odds.
Some common types of football bookmaker's odds
As mentioned, there are various types of odds that bookmakers can offer in today's market. Players need to have information about each type of odds, how to place bets, and the likelihood of winning in order to choose the right bookmaker's odds and make informed bets. Below, I will introduce you to some of the most common types of odds that can be found in any match.
Asian Handicap (AH)
The Asian Handicap, also known as the 1x2 odds, is a straightforward and easy-to-understand type of odds. Players simply need to bet on which team will win or if the match will end in a draw. The available options for bets in this type of bookmaker's odds are:
Option 1: Bet on the home team to win.
Option X: Bet on a draw.
Option 2: Bet on the away team to win.
Asian Handicap (AH)
The Asian Handicap, also known as the handicap or Handicap odds, is the second most popular type of bookmaker's odds. This type of odds is provided in matches where there is a significant difference in the strength of the two teams. The greater the difference in strength between the two teams, the higher the handicap odds will be.
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Saying so also means that Asian handicaps come with many different odds. Players are often familiar with handicaps like 1.25 (half ball) or 1.75. Calculating wins in this type of handicap can be more complex, as players can win half the amount or lose half the amount, rather than losing all the time. For example, a 1.25 handicap works as follows:
If the goal difference tilts in favor of the home team, the bet on the home team loses half the wager, while the bet on the away team wins half the wager.
If the goal difference is two or more goals in favor of the home team, the home team wins, and the away team loses the entire wager.
If the match ends in a draw or the home team loses, the bet on the home team loses the entire wager, while the bet on the away team wins the entire wager.
Over/Under Bet
The over/under bet is considered the simplest type of bet with the highest winning odds for newcomers. Players have only two options, betting on 'Over' or 'Under,' based on the predicted number of goals each team will score. The calculation of wins can also be based on the first half, second half, or the entire match.
Tips for Accurate Betting
To win when betting on football matches with bookmakers, players must not only predict the exact score but also follow some of the WinTips shared below.
Read the odds provided by the bookmaker: Each type of bet offered by the bookmaker will have specific odds. These numbers convey information that players can use to predict the outcome. Bookmakers' expert teams analyze the matches to provide odds that will bring the highest profit to the bookmaker. Therefore, players should pay attention to the odds provided by the bookmaker when making predictions.
Refer to articles analyzing bets: Nowadays, there are many websites, forums, and articles that share predictions before matches, commonly known as 'soi kèo.' Players can rely on the predictions of others to inform their own predictions. However, it's essential to choose a reliable source for match analysis with high accuracy.
Research match information: Above all, players need to have knowledge about the upcoming match and the participating teams. Random betting is unlikely to lead to a win. Players should invest time in gathering information about the match to form an objective perspective and make more accurate predictions.
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Conclusion
This article has provided a relatively detailed overview of what bookmaker odds are and the common types of bets available today. Additionally, we've shared some strategies for more accurate betting to help players secure victories in their bets.