Types of Football Betting Odds
Millions of people desire to play football betting, but only 5% succeed. You should be familiar with the football betting odds if you are interested in trying it. You will see numbers beside the names of the football teams. These are odds. To be successful in betting you must be able understand and use odds to your advantage. If you fail to understand it then you are literally just throwing away your money. You may win a few bets here and there but you are bound to lose a lot of your bets if you do not understand odds. You need to be familiar with the different types of odds in order to better understand them. There are three types of football betting odds.
1. Fractional odds. Bookmakers in the UK use fractional odds for football. Fractional odds are based on 1 unit of stake. When you are making your bet and look at the fractional type of football odds then you will be able to determine the amount of profit that you will earn by making 1 unit of stake. Bolagila The fractional format does not state the total winnings for each unit of stake but just the profit from the bet.
2. Decimal odds. Bookmakers around the globe use decimal format odds. This type of football betting odds is simple and easy to understand. You can determine how much money you will make from a single unit of football betting by reading decimal odds. You may see a different unit of stake, which could be ten or 100. Before placing your bet, make sure you ask the bookmaker for the exact unit of stake. Commonly decimal football odds are adjusted up to two decimal places to increase their accuracy.
3. American odds. American odds can also be called money lines. http://footage.info/how-to-play-razz-poker/ This type of football odds is based on a 100 stake. You can determine whether the American odds are positive or negative for your football betting. If the American odds is positive then you can determine the amount of profit you will earn on your 100 stake. If the football betting odds is negative then you can determine the amount of stake that you need to be able to earn 100 on your bet.
Your key to betting success is knowing the basics of football betting odds. And now that you know that different types of odds, you can now look for odds offer by sports sites around the internet, compare them and take notes. This will allow you to create your own odds which will help you win all of your bets.