Football betting is one of the most popular types of games nowadays. Not only can you cheer and follow major tournaments, but you also have the opportunity to win big prizes. However, first of all, you need to know how to read different odds. Understanding this, Wintips will explain todays football tips in detail and guide you on how to calculate money in betting.
Terms - betting odds and how to calculate money in football betting
If you want to bet on football, it is very important to know how to calculate money. Each bet will have different rewards. If you don't know how to calculate betting money, you won't know which side to bet on most reasonably.
Football terms are also very important. You must understand these terms to understand the theory of explaining football odds. From there, it will be easier to place better bets.
How to calculate money in football betting
Most bookmakers nowadays do not specify the amount of betting money. Everyone is free to choose the amount of money for themselves. However, the amount of rewards will still depend on the odds ratio.
Specifically, the reward amount after betting = betting money x the reward ratio of the betting gate.
For example: In the match between Bayern Munich vs Barcelona with a handicap odds of 0.75 and the ratio is 0.5:0.95. If you bet on Barcelona to win with an amount of 200k, then the reward will be = 200k x 0.95 = 190k + 200k = 390k.
Football terms Asian Handicap
When playing Asian Handicap football betting, you will hear names of different types of bookmaker odds such as handicap odds, Handicap odds, or Asian Handicap. In this betting odds, you will often hear terms such as:
Odds: The odds or conversion rates for betting payment.
Over/Under: Stronger team/Weaker team, team given handicap.
Win Full: Win the entire amount, win all.
Lose Full: Lose the entire amount.
Win Half: Win half the amount.
Lose Half: Lose half the amount.
HT (Half Time): Counting one half (usually the first half).
FT (Full Time): Counting the entire match (both the first and second halves).
ET (Extra Time): Counting the time of extra halves.
Pen: Penalty kick.
Draw no bet: Handicap bet but the two teams are equal.
Running bet: Betting while the match is in progress.
Find out more information : what's an asian handicap bet
Terms in Football Betting: Over/Under
Similar to Asian Handicap betting, Over/Under betting also has its own terminology. In this type of bet, also known as Over/Under, the following terms are used:
Over (abbreviated as O): A bet predicting that the actual match result will be higher than the number set by the bookmaker.
Under (abbreviated as U): A bet predicting that the actual match result will be lower than the number set by the bookmaker.
The odds set by the bookmaker may be related to goals scored, yellow cards, corner kicks, etc. However, it's important to note whether the numbers set by the bookmaker are for Half Time (HT) or Full Time (FT).
Asian Handicap Betting Terms
When participating in online football betting, you'll often encounter Asian Handicap betting. Here are the terms associated with this type of bet:
1×2: The name of the betting type. It refers to betting on the home team.
1: Betting on the home team to win.
X: Betting on a draw.
2: Betting on the home team to lose.
1x: Betting on the home team to win or draw.
2x: Betting on the home team to lose or draw.
Detailed Explanation of Football Betting
If you want to analyze betting odds for matches, you cannot overlook the information provided by each betting platform. However, without understanding how to read the odds, you won't know which team the platform is betting on or what the odds are. Therefore, the prerequisite is to be familiar with the following information:
Asian Handicap
You can understand Asian Handicap betting as betting on the home team. Based on the actual results of the home team winning, drawing, or losing, there will be three corresponding betting options.
This type of bet is also called 1×2 betting, with 1 corresponding to the home team winning, X to a draw, and 2 to the home team losing. You can bet on only one option or a maximum of two options, depending on the bookmaker.
The explanation of Asian Handicap football betting is quite simple. Almost anyone with basic football knowledge and some money can participate and potentially win bets.
Asian Handicap (Handicap Betting)
Asian Handicap, handicap betting, or Handicap bet are different names for this type of football betting. Unlike Over/Under betting, this type of betting doesn't rely on the final match result and can be more complex. There is no draw outcome, and you must know how to read the odds.
The types of handicap betting parameters are based on the difference in class, strength of the two teams. This is determined by the bookmaker's research and odds setting. The stronger team will give a handicap to the weaker team by n goals. If you bet on the stronger team, you'll only win if that team wins by a margin of n goals or more. Conversely, if you bet on the weaker team, you'll win if they win or draw, or if they lose by less than n goals.
Prominent Asian Handicap bets in online football betting include:
Level Handicap (0 Handicap): Both teams are considered equally matched. Betting works similarly to Asian Handicap. However, if it's a draw, the bookmaker refunds the bet.
1 Handicap: The stronger team gives a one-goal handicap to the weaker team. If the stronger team scores two or more goals, the bet on the stronger team wins. If they score only one goal or draw, the bet on the weaker team wins.
0.25 Handicap: If the favored team wins by at least one goal, the bet on the favored team wins in full. If the favored team loses, the bet on the weaker team wins in full. If the match ends in a draw, the bet on the weaker team wins half the stake, and the bet on the favored team loses half the stake.
0.5 Handicap: If the favored team wins by at least one goal, the bet on the favored team wins in full. If the favored team draws or loses, the bet on the weaker team wins in full.
1.25 Handicap: If the favored team wins by two or more goals, the bet on the favored team wins in full. If the favored team wins by only one goal or draws or loses, the bet on the weaker team wins in full.
Explanation of Over/Under Betting
Over/Under betting, or Total Goals betting, means placing bets based on the number set by the bookmaker. This number could be the total number of goals scored, yellow cards, penalties, or corner kicks. Players need to predict whether the actual outcome of the match will be higher (Over) or lower (Under) than the number set by the bookmaker.
Explanation of Correct Score Betting
Correct Score betting involves placing bets on the exact final score of the match. Reputable bookmakers will offer odds on possible match scores. You simply need to select the score you believe the match will end with. The more unlikely the score, the higher the potential payout.
Conclusion
These are the terms and explanations of football betting in gambling. Hopefully, this information football tips app will help you better understand this game and improve your chances of winning.
