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Types of Football Betting Odds You Need to Know
Football is always considered the king of sports both on the field and in betting markets. As a result, the number of people participating in online football betting increases every day. If you’re new to this area of betting, it’s important to understand best betting tips the basic types of football odds that we’ll present below!
What is a Football Odds?
Simply put, football odds, or bookmaker odds, are the betting odds provided by bookmakers for each match. These odds are based on data analysis by the bookmaker’s experts. Bettors use these odds to make predictions and choose the betting option with the highest chance of winning.
Typically, bookmakers release the odds a few days before the match. These odds continuously fluctuate as the match approaches.
Common Types of Football Odds
Each bookmaker offers a variety of football betting odds. Below, we will summarize and explain some of the most popular odds currently in Vietnam.
Asian Handicap
This type of odds is also known as Asian Handicap. As the name suggests, these football odds originate from the Asian betting community. However, nowadays, Asian Handicap odds are also known and enjoyed by many European countries. The biggest difference between Asian Handicap and European odds is that Asian Handicap does not have a draw option.
Three-Way Betting
Similar to the result of a match, where there are win, lose, or draw outcomes. Three-way betting means that the player will choose one of these three outcomes.
You will often see these betting options in European odds. In other words, you will choose whether the away team wins, the home team wins, or if both teams draw. Nowadays, not only European odds but also Asian odds and European odds combined offer three-way betting options.
Over/Under Betting
Over/Under betting is one of the most common and popular types of football odds offered by bookmakers. It is often called O/U odds or over-under betting. This type of bet is based on the total number of goals scored by both teams during the match.
Over: This bet is placed when the total number of goals is higher than the number set by the bookmaker.
Under: This bet is placed when the total number of goals is lower than the number set by the bookmaker.
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Handicap Betting This type of bet usually appears when the skill levels of the two teams are not equal. In this case, the handicap is used by the bookmaker to level the playing field for the two teams in the betting. There are two common types of handicap bets: money handicap and goal handicap. Money handicap is used when the odds of the favored team and the underdog team are not too different. It can then switch to goal handicap to balance the betting odds. The unit of the goal handicap is ¼ goal.
Live Betting This type of betting is relatively new compared to other football betting options but is quite popular among bettors. Unlike the types of bets mentioned above, live betting occurs while the match is ongoing. Bettors can only place bets within a specific timeframe. The reason live betting is favored is due to its high odds and the excitement it brings.
Corner Betting Although corner betting is considered a secondary type of football betting, it is included in every match by bookmakers. Bettors predict the number of corners each team will have. There are various corner betting options offered by bookmakers, such as the first team to get a corner, the last team to get a corner, over/under corners, and more.
Correct Score Betting Another common type of football betting is correct score betting. The bettor’s task is to predict the exact final score of the match they are betting on. If the score matches the bettor’s prediction, they win the bet. This type of betting is quite simple and has high odds, making it popular. However, predicting the exact score of a match is not easy. Therefore, you need to analyze various factors and the current situation to increase your chances of winning.
Conclusion
The above are some of the most popular football bets available at online bookmakers today. Besides other skills, understanding football tips website different types of bets will give you an advantage when participating in football betting. Additionally, you can refer to more information about sports betting compiled by us.
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