Sports betting is quite popular, more than you think; leading the pack of popular sports bets is football. Football bets are placed in most countries on the events that unfold.
To bet on sporting events, you must understand the odds that are on offer. In this article, we will give you the information you need to place a football bet online. For more knowledge on figuring out football odds, you can visit แทงบอลออนไลน์.
Football Betting:
Odds are merely the probability of something to happen in a sporting event, for instance, someone like Harry Kane to be the top goal scorer for the Premier League this season. Over the years the popularity of football betting has grown, now instead of just betting on the outcome of the match, you can also bet on the events that are occurring during the game; like the number of corners, fouls, and goals.
Betting companies deliberate on how they can convey these odds and how they can be expressed in decimals or fractions.
Decimal Odds:
Punters and bookmarkers consider these odds because it is an accessible format to understand; fractional odds can be tedious if you are not good at mental arithmetic. By trying to work out the more significant number, between 15/8 or 7/4, can prove to be bothersome but it is pretty straightforward because you will have to multiply your stake by the decimal odds.
For instance, if your stake is 5 dollars at 2.50, your winnings will be 12.50 dollars.
Fractional Odds:
Fractional odds tend to take the format of 15/8 and 7/4, and while you try to work out the potential winnings, it may appear complicated. The simplest way you can work them out is by following the format listed below:
How much will you win and how much can you stake?
When a team has odds of 4/1, they are looked on as the underdog, and the likelihood of that team winning is quite less. If you have placed a bet on the underdogs, you will have a higher payout, as you would expect.
Let’s say, if you place a bet on a selection which has odds of 4/1, for every dollar you set, you will win at least 4 dollars.
Odds-on selection will tell you that the team is a definite favorite to win the game.
If you place a bet on an odds-on selection, your return will be less, because it was likely to happen.
American Odds:
As the title says, these odds are common in America. They start either with a positive or negative sign, like -110 or +120. A negative figure wall shows you an amount that you must stake on to make a 100-dollar profit (or anything equal in your chosen currency), and a positive figure shows how much you can profit if you bet 100 dollars.
-135 means that you must risk 135 dollars to win 100 dollars from the sports book. So, you will either lose $135 or win $100. A +350 underdog means that you will risk $100 loss, but you can earn $350. For more information on football betting, you can visit แทงบอลออนไลน์.