What are Odds? Refer to Experts' Experience in Analyzing Odds

Odds in football betting are the most basic concept that everyone should know when engaging in betting. You can participate in this form of betting with various formats. However, many people are still confused and don't know what Odds are. Let's find out what Odds are and expert tips on analyzing Odds from the football betting website - win betting tips!

What are Odds?

For professional players on football betting websites, you will surely know what Odds are. Odds, also known as betting Odds, refer to the Odds that each player receives when participating to win bets in a specific match offered by bookmaker in betting.

Analyzing Odds helps increase the winning rate; however, bookmakers also use it to deceive players. Therefore, players must understand how to analyze to avoid being deceived by bookmakers and always win in every match.

Synthesize Easy Ways to Analyze Odds

Here are some expert tips on analyzing Odds shared by experienced players. Refer to increase your winning rate when playing Odds.

Understand the Formula for Calculating Odds Types

The common Odds used by reputable bookmakers in Vietnam today are: Decimal Odds, Hongkong Odds, Malay Odds, Indo Odds, US Odds...

Decimal Odds (DECIMAL ODDS)

In terms of characteristics, it includes both the betting amount and the player's winning amount. Decimal Odds always have a value greater than 1.00 (>1.00).

Specific money calculation formula: Money earned = Bet amount x Decimal Odds

When losing the bet, you will lose the amount equal to the amount you bet.

Note: The Odds ratio of the European market is not the same as the Asian Handicap.

Hongkong Odds (HK ODDS)

Hongkong Odds are calculated based on European Odds, so this Odds ratio takes the European market as its basis. The way to represent the Odds ratio is the ratio including only the player's winning amount. Hongkong Odds have a value greater than 0.00 (>0.00).

Specific money calculation formula: Money earned = Bet amount + (Bet amount x Hongkong Odds)

When losing the bet, you will lose the amount equal to the amount you bet.

On the Malay Odds board, there are negative and positive numbers, making it easy to recognize. The characteristic is expressed through including both the betting amount and the player's winning amount.

The calculation method also depends on the negative and positive indices. The specific formulas are as follows:

In case the Odds are positive: Calculated similarly to Hongkong Odds. When winning the bet: Money earned = Bet amount + (Bet amount x Malay Odds). When losing the bet, you will lose the amount equal to the amount you bet.

In case the Odds are negative: When winning the bet: Money earned = |(Bet amount x Malay Odds)| + (Bet amount x 1.00). When losing the bet, you will lose the amount equal to the amount you bet.

Discover now: whats a bookmaker? Criteria for evaluating a reputable, high-quality bookmaker

Indo Odds (INDO ODDS)

With this ratio on the Odds board, negative and positive numbers will appear, with the Odds level from 1.00 upwards. Indonesia Odds are converted from Hongkong Odds. If the Hongkong Odds are greater than 1.00, the Indo Odds will be set the same as Hongkong.

In case the Indo Odds are positive: When winning the bet: Money earned = Bet amount + (Bet amount x odds).

In case the Indo Odds are negative: When winning the bet: Money earned = Bet amount + (Bet amount / odds).

US Odds (US ODDS)

US Odds are also calculated based on Hongkong Odds.

If Odds <1.00. Then it will be calculated as: -1/Odds. If Odds >1.00. Then it will be calculated as: Bet amount x Odds.

Understand Bookmakers' Odds and Rules

Each bookmaker will have its own rules and ways of playing, so be careful.

Be cautious in prediction, calculate accurately according to the formula.

Refer to the information provided by bookmakers and other sources to update the latest and most accurate information.

Refer to the calculation methods and formulas of experts such as those mentioned above.

Consider the trend choices of the majority of players based on the Odds provided by bookmakers in the latest matches.

Join multiple football betting forums to improve observation and judgment about matches.

A quick way to analyze is to ignore Odds with tails ending in 1, 2, 3, 4, 6, 7, 8, 9.

Especially if the tail is 0.5, divide 1 goal into 4 parts: draw, ¾, ½, ¼, corresponding to Odds 0.25, 0.5,...

Expert Tips on Analyzing Odds for Consistent Winning

Matches are constantly changing, and tactics change continuously, so the experience of analyzing Odds is not simple. Blood-and-sweat experience for experienced players holds the winning part in their hands

Avoid chasing losses is a blood-and-sweat experience. When winning a match, players feel excited and bet without thinking because they think they are on a roll. Greedily betting without thinking leads to falling into the bookmaker's trap and losing all the money. We all tend to keep playing to recover the lost money, but the more we play, the more we lose. Remember that we bet to win, not to lose. Be persistent in calculations and resist the temptation to make quick, big wins.

Red-black is an everyday thing. Players must know when to bet and when to hold back. Just like knowing when the door will be open and when it will be closed. Betting every day doesn't mean you'll win big. Patience and calculation for each step, don't rush to follow the crowd because it could be the bookmaker's trap.

Bookmakers always have the upper hand over players

. Bookmakers are the ones who have the most up-to-date information and updates, not the players. Bookmakers around the world often have connections with each other. Therefore, carefully consider the information about the odds of bookmakers. The odds of bookmakers are not necessarily 100% winning.

Conclusion

Football is an unpredictable playground, so predictions are still just predictions. Winning or losing depends on the experience of analyzing Odds and the level and form of football teams as well as how players perceive and predict scores. Players must remain calm and not place too much emphasis on winning or losing in each betting match. The article has provided you with knowledge about what Odds are and the blood-and-sweat experience of analyzing Odds accumulated through sleepless nights, hoping that this article from the football betting website - Wintips will help you win big on every betting platform.