How to read the Odds betting betting market is really needed by people who are just approaching the World of Betting by enjoying the sensation of betting sensations that make your adrenaline go up.
The league will start immediately after the league season begins 2017/2018. The preseason preliminary season 2018/2019 will roll, of course with the composition of the players who on average have changed a lot, both from management, coaches to the game. This enjoyed situation did not immediately revive the passion of football gambling fans not to be left behind looking for luck from one of the most popular gambling games at the moment.
For those who have experience and have long been involved in playing, of course, no need to bother with the requirements or calculations that apply in this game. But what about new players with only the weight to start playing. This time, I, as a Betberry crew, will give you a bit of an interesting resume now, which is the definition, function, usability, meaning, and calculation of football betting odds.
In soccer gambling, it is recognized that there are some special requirements and calculations. But don’t worry, because the requirements or calculations in this game are not as complicated as imagined. See the resume review that we quoted from some trusted Football Service news.
In this paper, we will discuss in detail the definitions, definitions, meanings and calculation of soccer betting odds. Understanding the definition of Odds is really important, because it relates to the calculation of the income we will receive from the nominal bet that we place.
1. Definition of Odds in Ball Betting
Odds in football betting can be termed as a benchmark or measuring tool to ensure the team forces that will compete. Typically, the higher the Odds given to the team, the more likeable.
But what should be underlined is the advantage score is only limited to prediction, because no one knows for sure what the final outcome of the game will be. But this is where we can receive a gap to win bets.
In football betting, the term Odds is also known as “Kei”, and is usually marked by the guidelines + (plus) and – (minus). More convenient, please observe the pictures and explanations below.
The red square in the first row from the left is Odds for HDP or Handicap types.
Even though the red box in the second row is Odds for Over / Under and 1 × 2 game.
Meanwhile, the red box in the third row is Odd for Even / Even games.
2. The Difference Between Odds and Handicap
From the example shown above, the appearance of Odds and Handicap at a glance on the betting charts at the same time looks the same. However, the two are not the same bright actually really different in function and application.
Odds are coefficient scores given to both teams that will compete with the + (plus) and – (minus) scores, and rely on variations adjusted to the Handicap market. Put simply, Handicap is the race market, while Odds is the monetary score of the race market itself.
3. Types of Ball Bets
In the world of soccer betting there are many different odds. From the various Odds each has a different calculation from one another.
But according to our opinion, it doesn’t seem too important to understand the difference between these various Odds. For players to get to know Odds + (plus) and – (minus) alone is enough, because Odds is the most common practice in soccer betting.
4. Application and how to Calculate Odds in Ball Betting
Yes, Odds itself virtually has no specific uses or benefits for players. Why is that? The function or application of Odds for players is essentially just to get to know the money score of one of the teams that we will place a bet on.
Calculation Model of Ball Betting Odds
For details, please see the picture we show above. There is one box that we have marked with a red line in the race between Lazio and Juventus.
In this race, Juventus gave Lazio 0-0.5, which means that Lazio had scored 0-0.5 or 1/4 goal before the race began. Odds for those who choose Lazio are (1.06) marked in black, although for those who choose Juventus the chance is (-1.13) in red.
This means that if we bet for Lazio and win, we will receive more wins than our initial bet. For example, the final result of the race is 2-0 for Lazio with a perfect bet of Rp. 100 thousand, the calculation is 100,000 x 1.06.
So the perfect victory we get is Rp. 106 thousand, but if Lazio defeat, we will only lose our initial bet, is Rp. 100 thousand.
Conversely, if we bet for Juventus whose chances are marked in red and lucky to win, therefore the victory we get is only as much as the money we bet, but if we beat, we will be charged additional rates from the Odds score.
As an example, we placed 100 thousand for Juventus, and the race ended with 0-1 points for the victory of Juventus, so the winning score we will get is 100 thousand. On the other hand, if cluck, the calculation is IDR 100,000 thousand – 1.13. So we have to pay Rp. 113 thousand rupiah.
The essence of how to read the betting odds market is that Odds are only limited to indicators or gauges to find out which team is preferred or not. The opportunity itself is always moving up and down. Our advice is to be skilled and to stop yourself by observing the movements of Odds when betting.
Thus the article above about how to read the odds on the betting market, the odds on the cockfighting market are also not much different from when betting for more information you can visit us again in the future. Hopefully it can add insight from young readers to Barcelona fans in the country, Indonesia. That’s all and give thanks for visiting and reading.