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How to calculate winnings and read today's online football betting odds in detail - wintips12 - 05-28-2024

Are you someone who loves and is passionate about the round ball? Do you want to participate in betting to make money and have fun? However, the appearance of various symbols and numbers on the bookmakers' odds board can make it difficult for you to interpret the odds. If you are new to betting or don't understand betting odds well, don't overlook the detailed methods of calculating winnings and reading today's online football betting odds in the following wintips article.
How to calculate winnings in football betting today
When participating in betting at reputable bookmakers, knowing how much you win or lose is essential. Currently, there are many methods of calculating football betting money based on the odds provided by bookmakers. Since these odds are diverse, people need to thoroughly understand them to choose the appropriate amount of money to bet on.
Some terms and factors in football betting money calculation:

  • Win full: You will receive winnings = initial amount x odds ratio for winning.

  • Half-win: You will receive winnings = 1/2 x odds ratio x initial amount + initial amount.

  • Lose full: You will lose the amount = the initial amount placed in the bet.
Half-lose: You will lose the amount = 1/2 x the initial amount.

  • How to read today's detailed and simple online football betting odds
At present, there are three common and popular types of odds at online betting site reviews. They are Asian Handicap odds, European odds, and Over/Under odds. Below is a specific and detailed way to view today's online football betting odds for everyone.
How to read Asian Handicap odds
The Asian Handicap, also known as the Handicap or Asian Handicap, is the odds given based on the Odds of the European bookmaker system. Then, Asian bookmakers will provide handicap betting odds for players to participate in betting.
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In most bookmakers, Asian Handicap odds usually only offer betting for the underdog or favorite. You won't see a draw option to bet on like in European odds. Here are some common Asian Handicap football betting odds:

  • 0 - 0 odds: When choosing this betting odds, both over and under will be refunded if the match ends in a draw. If the result leans towards any team and you bet correctly, you will win or lose the amount of money wagered multiplied by the odds ratio.

  • 1/4 odds: This is the handicap odds under 1/4. With this odds, when the football match ends in a draw, those who bet on the under will win half, while those who bet on the over will lose half. If the match is one goal over, the over bettor will win full and the under bettor will lose full. Conversely, if the over loses, the over bettor loses half, while the under bettor wins half.

  • 1/2 odds: With this odds, the underdog team will handicap the favorite team by half but players will not be refunded if the match ends in a draw. This handicap odds will only result in winning or losing. If the over-under difference is 1 goal, the bettor on the over wins, while the one on the under loses. Conversely, if the over-under difference is less than 1 goal, the over bettor loses, while the under bettor wins.

  • 3/4 odds: With this odds, if the over team wins by 2 goals, the over bettor wins and the under bettor loses all. If the over wins by a 1-goal difference, the over bettor wins half and the under bettor loses half. If the over-under is a draw or the under wins, the over bettor loses all, while the under bettor wins all.

  • 1.25 odds: If the over team wins more than 1 goal, you will lose half when betting on the over and win half when betting on the under. If the stronger team wins by 2 goals or more, you will win when betting on the over and lose when betting on the under. If the under team draws or wins, you will lose when betting on the over.

  • 1.5 odds: This is the underdog's handicap odds of 1.5. When participating in this odds of online football betting today, the over team will handicap the under team by 1.5 goals. If the match ends in a draw or with a 1-goal difference, the one who bets on the over will lose, while the one who bets on the under will win. If the over team wins by more than 1 goal, the one who bets on the over will win.

  • 1.75 odds: This is understood as the underdog's handicap odds of 1.5 or 2 goals. The over team needs to lead by 3 goals for the over bettor to win or earn half when winning by 2 goals. If the score is a draw, those who bet on the under will win all the bet amounts.
How to read European odds
European odds, also known as 1×2 odds, originate from the European region. This type of betting odds is often offered in matches where two teams have relatively equal strength.
When betting on this odds, you don't need to pay attention to the number of goals scored in the match. Instead, focus on which team is the away team and which team is the home team to predict the outcome of the football match.
Reading European odds is quite simple and easy. You just need to understand the specific meaning of the 1×2 formula as follows:

  • 1 in European odds is betting money on the home team. If this team wins, you will win the bet.

  • 2 is for betting money on the away team. If this team wins, you will win the bet.

  • x means betting money on a draw in the match. If the two teams draw at the end, the one who placed the bet will win the bet.
How to read Over/Under odds
With Over/Under odds With Over/Under odds in football betting, you need to pay attention to the number of goals scored by both teams. Online india best betting site will provide an exact number for players to predict whether the total number of goals scored in the match will be over or under that number.

  • Over odds: This is when the total number of goals scored exceeds the bookmaker's set number. If you choose to bet on "Over," you will win if the total goals scored are more than the set number, and you will lose if it's less.

  • Under odds: This is when the total number of goals scored is below the bookmaker's set number. If you choose to bet on "Under," you will win if the total goals scored are fewer than the set number, and you will lose if it's more.
So, the article has provided detailed information on how to calculate winnings and read today's online football betting odds for bettors. If you're just star