Football betting at internet bookmaker involves various types of wagers or betting options offered by the bookmakers for each match. As a bettor, you have the freedom to choose from the available betting options provided by the bookmakers. To make informed choices, it is important to understand how to read the betting odds and wagers in football.
BASIC CONCEPTS OF FOOTBALL BETTING ODDS THAT YOU NEED TO KNOW
Once you have selected a reputable bookmaker, you can proceed with placing your bets. However, before you start, it's important to familiarize yourself with some basic concepts in reading football betting odds.
Firstly, we have the odds table, which provides comprehensive information about the match, including the time, score, cards, corners, and different betting options available to the bettors.
The team listed on top is the home team, while the team below is the away team.
In the case of matches played on neutral ground, there will be an additional indicator denoted by the letter "N."
If one team is evaluated as stronger, it may be highlighted in red. If both teams are displayed in black, they are considered equally matched. (This feature is provided by some bookmakers.)
Bookmakers typically offer a variety of odds for both the full match and the first half, including Handicap (HDP), Over/Under (O/U), and 1×2 bets.
The three most popular types of wagers in football are:
Asian Handicap, also known as handicap or HDP: This type of bet involves a handicap or goal advantage given to the underdog team. The numbers displayed on both sides represent the handicap required to win the bet.
Over/Under (O/U): This type of bet involves predicting the total number of goals scored by both teams. The numbers displayed on both sides represent the odds for betting on Over or Under that particular goal threshold. If you bet on Over and the total goals scored exceed the threshold, you win; otherwise, you lose. The same principle applies to betting on Under.
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1×2 (Home/Draw/Away): In this type of bet, you predict the outcome of the match—whether the home team wins, the match ends in a draw, or the away team wins. The three numbers represent the odds for each outcome, respectively, from top to bottom.
To start betting, you need to thoroughly understand these types of wagers to choose the most accurate betting strategy for yourself.
HOW TO READ ASIAN HANDICAP BETS
As mentioned above, Asian Handicap bets are also known as handicap bets. They are often indicated by the abbreviation HDP in the bookmaker's odds display.
Based on the provided image, you can interpret the odds as follows:
Bournemouth vs Manchester United: 0.94½0.91
Manchester United is given a ½ goal handicap. If you bet on Manchester United and they win, you will receive a payout of 0.91. If you bet on Bournemouth and they win, you will receive a payout of 0.94.
With a half-goal handicap, the default scoreline at the beginning of the match would be 0.5 - 0 (favoring the home team).
HOW TO READ OVER/UNDER BETS
Over/Under bets, also known as O/U bets, are often indicated by the abbreviation O/U in the bookmaker's odds display.
To understand Over/Under bets, you need to know that the number on the left represents Over, the number on the right represents Under, and the middle number represents the goal threshold. If you bet on Over and the total goals exceed that threshold, you win with the corresponding odds. If you bet on Under and the total goals remain below the threshold, you win with the corresponding odds. If the total goals exactly match the threshold, the bookmaker will refund your bet.
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HOW TO READ 1X2 BETS
1X2 bets, also known as Home/Draw/Away bets, are often abbreviated as 1X2 in the bookmaker's odds display.
In the displayed odds: 3.85, 9.20, and 1.37
If you bet on the home team (1) and they win, you will receive a payout of 3.85. If you bet on the away team (2) and they win, you will receive a payout of 9.20. If you bet on a draw (X) and the match ends in a draw, you will receive a payout of 1.37.
COMMON TYPES OF FOOTBALL BETS
Draw bet (0)
Half-goal draw bet
Half-goal handicap bet
Half-one handicap bet
1 bet (Home win)
Half-one loss bet
1 loss bet
2 win half bet
CONCLUSION
We hope that this guide on how to read football betting odds has helped you understand the basic concepts of different types of bets. Wishing you all the best in your betting endeavors