Besides the excitement of what happens on the pitch, football tournaments also attract attention for their amazing betting odds. You can join the free bookmaker bet and betting games to win prizes at reputable bookmakers. However, to increase your chances of winning, you need to find effective football betting formulas. Let W88 VUI VE help you understand them better.
How to read football betting odds
Before delving into football betting formulas, players need to understand how to read the most accurate odds.
Bookmakers with Experience Money - Football Betting 2023
Accurately reading handicap odds for players
Handicap odds are also known by many other names such as Asian handicap, spread, over-under, etc. So, if you come across any of these names, you can still recognize them. With this type of betting, the bookmaker will provide the handicap odds. Each match will determine which team is the handicap favorite (with better form and goal-scoring ability) and which is the underdog.
Handicap odds of 0.25: The handicap-favored team cannot draw, and there must be a minimum score difference for players to win the bet.
Handicap odds of 0.5: Also known as a half-point spread, players betting on the underdog will win if the match is tied, or the underdog team leads the score.
Handicap odds of 0.75: For this handicap odds, the favored team will win absolutely when they lead by more than two goals. If the score difference is only one goal, players can only receive a certain reward ratio.
Handicap odds of 1 point: In this handicap odds, if the match ends in a draw, the underdog team will receive the entire betting amount as a prize. Therefore, the handicap-favored team needs to score a difference of two points or more.
There are also many other types of handicap odds that players can participate in during their betting process, such as 1.25, 1.5, 1.75, 2, etc.
The 1x2 betting formula is always of great interest to many players. In fact, this is a simple type of betting, but it requires many methods to analyze the chances of winning. In the 1x2 betting formula, the number 1 indicates the home team, the number 2 indicates the away team, and the letter X indicates a draw.
Side Bets in Football Betting
When participating in football betting, you should not overlook the extremely attractive side bets. Currently, you can place bets on the following bets:
Throw-in Bet: based on the number of times the ball goes out of bounds and the teams must perform a shot/throw-in.
Foul Bet: based on the number of yellow and red cards that the referee gives. A yellow card is usually worth 1 point and a red card is worth double that.
Free Kick Bet: based on the number of free kicks performed in the match.
First Ball Bet: predicting which team will perform the first kick-off in the match.
Half Time Bet: only counting the first 45 minutes of play.
Second Half Bet: counting the events that occur during the second half of the 45 minutes of play.
Side bets can help players earn more appropriate betting amounts. Therefore, you should find suitable football betting formulas when participating in entertainment betting.
Football betting formulas
Football betting formulas can help players predict the winning odds. The following are some formulas that many players love and choose recently.
Formula for calculating betting odds
Any bet only has a certain probability of winning. There are still many situations that can occur and dramatically change the result. Therefore, players need to combine many qualitative and quantitative factors. With the formula for calculating betting odds, players need to remember the following formulas:
Probability of the match = P/(1 – P).P
Thus, applying the above formula to a specific bet, such as Over/Under bet, players will have a probability of 3 betting options of 1/3 or 0.33. Then, applying the formula will result in 0.33/(1 – 0.33) = 0.22. Thus, the odds of this bet will be 0.22. In addition, players can also calculate the odds for events that are likely to occur in the bet.
If the formula for calculating betting odds makes you feel difficult when using it for the first time, you can use the doubling formula. With this formula, players can conserve their betting money at a safe level. At the same time, the possibility of profit can still occur. However, in football betting, doubling the bet may take time to recover the betting capital.