What is the odds?

This is an extremely familiar term to bettors, so the explanation will mainly be aimed at rookies. Accordingly, the odds refer to the betting odds provided by the house for players to choose from. From these milestones, the over or under, over or under, yes or no will be established. Your job is to choose according to your prediction, if you win you will receive a reward and if you lose you will lose money.

Over time, the ratio of betting codes grows in number. From the original Asian, European, Over Xiu odds, corner odds, penalty card odds, odd even odds, kick-off odds, etc. are now added. Each type has its own way of reading and rules for determining winning or losing. Need to master before depositing money.

Types of odds

As introduced, the number of current bets on the odds table is very large and diverse in form. Let's take a look at the main odds that often appear in matches with Baokhuyenmai.

Handicap bets

Handicap, handicap or Asian handicap all refer to the same type of handicap bet. This type of bet includes two components including handicap and payout coefficient.

• Handicap: is the handicap given by the house based on the difference in strength of the two teams. The stronger team, called the upper team, will handicap the weaker team, called the lower team, for a certain ball unit.
• Payout coefficient: used to determine the bonus of participating bettors, there are many forms such as decimal, Malaysian, Indonesian, Hong Kong, Macao,... 

For example, the match between Chelsea and Real Madrid has the odds set by the bookmaker as:

• Chelsea 1/2 1.20

Real Madrid 0.95

Looking here, we can see that Chelsea is the team that is rated higher by the bookmakers, is the team with the upper hand and handicaps Real Madrid with a handicap ratio of 1/2. The payout coefficient for someone who chooses Chelsea and wins is 1.20, the payout coefficient for someone who chooses Real Madrid and wins is 0.95.

European odds

European handicap, as the name suggests, is very popular in Western countries, including Latin America. European odds do not need to care about how many goals scored to surpass the handicap mark to win the bet like a handicap bet. With 3 ways, the home team wins the match, draws, the away team loses, no matter the result of the match, that door will win.

For example, the match between Chelsea and Real Madrid is given European odds by the bookmaker as follows:

• 2.12
• 2.57
• 3.48

This is a basic European odds, which can be understood as: 

• If you choose Chelsea and win, you will receive a bonus coefficient of 2.12.
• If you choose Real Madrid and win, you will receive a bonus coefficient of 2.57
• If you think the two teams are tied and win, you will receive a bonus coefficient of 3.48.

Over/under odds

The over/under odds are also a main type of betting odds on the odds table, loved by many bettors. The reason is because at this time, determining victory or loss will not be related to which team wins or loses, but only cares about the total number of goals created by the two teams. If the match has a number of goals exceeding the bookmaker's mark, it is called Over or Over. On the contrary, if it is less than the house's mark, it is called Under or Under.

How to read house odds

The difficulty in understanding soccer betting odds lies in the process of decoding the meaning of handicap. Let Baokhuyenmai help you by showing you how to read some of the following basic handicap odds:

Ball bet

This is a type of odds often seen in matches of equal weight between two teams. At this time, the difference in level of both sides is so small that no handicap unit can be used. Or if there is, it is only expressed through the payout coefficient, which is slightly different and not too significant.

The way to understand ball betting is the simplest because if you choose a team and that team wins, you will win the bet. In case of a tie with any score, the house will refund the money.

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