For sports bettors, especially soccer bettors, odds are an extremely important term. Understanding the meaning and calculation of odds is a must for bettors if they want to master the game and win. So soccer betting odds What is that? How to calculate odds? New88 will answer you immediately in the article below.
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What are soccer betting odds?
Odds (also known as odds) in football is a term used to refer to betting odds. This rate is given to players by the bookmakers themselves and it is not fixed. Each bookmaker will have different soccer betting odds. Normally, the betting odds will be updated by the bookmaker to players about 1 week before the match takes place for players to refer to.
Meaning of soccer betting odds
Soccer betting odds have many meanings. Based on the soccer odds offered by the bookmaker, you can know:
- The difference in strength of the two teams: The odds given by bookmakers are based on the strength of the competing team. The larger the difference, the higher the odds will be.
- Winning rate when betting: The odds will also be proportional to the house’s winnings.
- Reputation of the house: This is a sign of a reputable soccer betting house used by many longtime bettors. Reputable bookmakers and large bookmakers all have their own teams of betting and evaluating bets and most of them have almost the same odds results.
- Odds review: Soccer betting odds are also the criteria that sports bettors use to determine whether a soccer bet is a good bet or a bad bet, whether to play or not.
Popular soccer betting odds
There are many soccer betting odds offered by bookmakers to players. Below are some of the most popular soccer odds that new bettors can quickly refer to:
Odds 0-0
This bet is often known by bettors as the same ball bet, meaning you bet that this match will not have a goal. If there are no goals in the entire match, the player will receive a refund regardless of whether you bet on the upper or lower bet. If there is a goal, the person betting on the winning team will win all the money from the other team.
Win or lose bets in this odds will be calculated as follows:
Odds 1/4
This bet is often called the 0.25 handicap. At this point, there will be the following cases:
– The ratio between the upper and lower bets is 1 goal different: The upper bet wins in full – The lower bet loses in full.
– The score between the two teams is a tie: Bet on the upper bet and lose half the money – Bet on the lower bet and win half the money.
– The team with the upper bet loses the match: Bet on the upper bet and lose enough – Place the lower bet and win the match.
Ratio 1/2
This bet is also known as the 0.5 handicap, the half-left handicap. As the name suggests, the team with the upper handicap will handicap the lower handicap team by half the left. This bet does not count draw results, only win or lose. Specifically:
– The upper bet is 1 goal different than the lower bet: Place the upper bet to win enough – Place the lower bet to lose enough.
– The team with the upper bet loses (some bookies will take the draw result): Place the upper bet and lose enough – Place the lower bet and win enough.
Ratio 3/4
This is a 0.75 handicap, the upper bet will have to give the lower bet 1 and a half goals. Thus, if the upper bet wants to win, the score difference with the lower bet must be 2 or more goals. At this time, there will be the following cases:
– The upper bet wins the lower bet by a score difference of 2 goals or more: The upper bet wins enough – The lower bet loses enough.
– The upper bet is 1 goal different than the lower bet: The upper bet wins half the money – The lower bet loses half the money.
– The upper bet loses or draws with the lower bet: Place the upper bet and lose enough – Place the lower bet and lose enough.
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Ratio 1.25
With this bet, the upper team will have to accept a handicap of 2 goals for the lower team.
– The difference between the upper bet and the lower bet is 1 goal: The upper bet loses half the money – The lower bet loses half the money.
– The difference between the upper bet and the lower bet is 2 goals: The upper bet wins all the money – The lower bet loses all the money.
Ratio 1.5
This bet is also known as 1.5 handicap, left and a half handicap. As the name suggests, the team with the upper handicap will have to give the lower handicap team 1 and a half balls. If the score is a draw or loses 1 – 0, the team with the upper bet will lose everything – the team with the lower bet will win enough. If the upper bet team wins with a difference of 2 goals, they will win and the lower bet team will lose.
– The upper bet is 2 goals different: Place the upper bet to win enough – Place the lower bet to lose enough.
The upper bet wins 1 goal, draw or loss: Place the upper bet and lose enough – Place the lower bet and win enough.
Ratio 1.75
In this bet, the upper team will have to handicap the lower team by 1 and a half – 2 goals or more.
– The upper bet wins with a difference of 3 goals: The upper bet wins enough – The lower bet loses enough.
– The upper bet wins by 2 goals: The upper bet wins half the money – The lower bet loses half the money.
– The upper bet wins 1 goal, draw, or loss: Place the upper bet and lose enough – Place the lower bet and win enough.
Odds 2.25
The 2.25 handicap does not often appear because the score difference is too large between the two teams. This bet is usually only offered by the bookmaker when there is a huge difference in strength between the two teams. The way to calculate wins and losses in this bet is similar to bet 1.75.
How to calculate money according to soccer betting odds
In addition to calculating the bet, players can also calculate their own winnings based on the odds offered by the house. How to calculate winnings according to soccer betting odds? Below is the formula for calculating money based on soccer betting odds for players:
- How to calculate money in case of winning enough:
Winnings = capital x odds
- How to calculate money in case of losing enough:
Bet loss = Bet capital (lost all)
- How to calculate money in case of winning half money:
Winnings = 1/2 x capital x odds + capital
- How to calculate money in case of losing half the money:
Bet loss = 1/2 x capital
Conclude
Above is an article explaining what soccer betting odds are. At the same time, instructions on how to calculate detailed soccer betting odds for new players. Hope this information will be useful to readers. See more betting knowledge and experience playing other great online money games at the website New88.
