How to calculate football betting odds on online bookmakers?

Currently, in football betting at online bookmaker australia , there are many different types of odds that players can choose from. Calculating the formula for football odds on bookmakers is something that betting enthusiasts need to remember when betting online. But with the variety of odds available today, how will odds be calculated? If you are passionate about betting on this sport, don't miss this article.

Understanding "Football Odds"

There are currently various types of football odds that players can choose from.

The simplest form of football odds is represented by numbers. The bookmaker will decide the odds of the two participating teams in matches for which bets are being placed. Usually, each online bookmaker will offer different odds for players to choose from for each specific match. Therefore, you can refer to the odds of the same match at different bookmakers.

Football betting odds are represented by complex numbers that new participants in betting may find difficult to understand. Therefore, it is necessary to research thoroughly about odds before placing bets for earning money.

Formula to help players calculate football odds when betting

Knowing how much you win or lose is something that everyone who bets online is concerned about. Currently, there are many ways to calculate football odds for winning rewards depending on the betting odds offered by the bookmaker.

Full win: Amount won = betting odds x capital.

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Half win: Winning amount = 1/2 x betting odds x capital invested + capital invested.

Full loss: Capital invested = the amount lost.

Half loss: Amount lost = 1/2 x the capital invested in the bet.

In the calculation of football odds, it not only includes the above cases but also includes refunds for placing bets. At this point, you should not consider whether you won or lost the bet. However, if you place a handicap bet of 1,2,3, it is very easy to get back the amount you bet.

Specific calculation of football odds

With the participation of many players in online betting games today, football is a subject that cannot be missed. The amount of money lost or earned depends on the score of the match that the player bets on. Because of the variety of odds, each type of odds will have its own way of calculating. So, it is essential to thoroughly research how to calculate football odds to avoid regrettable losses.

Calculating odds with Asian Handicap

At Asian Handicap odds, they can only be used for the most favored team (the team that has to concede) and the underdog team (the team that receives the advantage). This is a more complicated method of calculating football odds. However, by understanding this method, you will be able to calculate the odds more accurately and choose the most suitable betting strategy for yourself.

In addition, in football betting, Asian handicap odds with additional odds of ¾; 1.5; 1.75 or 2.25 are very popular with bettors. If anyone is interested, they can refer to it.

Over/Under odds

Over/Under odds are also known as the total goals odds. It means Over represents the top team, Under represents the bottom team with the symbol O/U. The calculation of football odds corresponding to Over/Under odds is as follows:

Odds of ½: If the final score of the two teams is less than 2 goals, those who bet on Under will win and vice versa.

Odds of ¼: If you bet on Over but the result is only 2 goals, you will lose half of the amount bet. In case there are 3 or more goals, the bet will win.

Odds of ¾: This ratio is only used for matches with 3 or more goals.

Asian Handicap odds

Asian Handicap odds are also known as 1×2 odds.

Asian Handicap odds, also known as 1×2 odds, are used frequently in Asian betting, without considering the number of goals but only focusing on the winning or losing team. This is also one of the types of betting that many people love and are passionate about. Players who bet in this way will follow the principle of betting corresponding to the result and the odds of the bet. The calculation of football odds is as follows:

1: This is for the home team and if they win, the player wins the bet from the bookmaker.

2: This bet is used for the away team to win. When the result favors the chosen team, they win, and vice versa.

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X: This type is used when the two teams have a draw.

How to calculate Handicap odds

This is one of the most popular and familiar handicap betting types for professional gamblers. This type of bet requires only two options: Over or Under. The bookmaker will determine the handicap odds, with the bottom team being offered a handicap by the top team.

The handicap odds when betting on teams will be created by the bookmaker on the betting board. Therefore, players can refer to it when placing bets. When winning a bet, multiply the amount bet by the handicap odds to calculate the winning amount.

How to calculate betting money in football betting

Calculating betting money in football is a topic that many people are interested in.

Players will receive the betting money ratio when winning, calculated based on the odds they participated in. Therefore, when betting, players need to pay attention to the odds and the amount bet to calculate the winning amount.