European Odds Demystified: Understanding Betting Odds Formats

If you are passionate about Football Betting, you cannot miss the extremely easy-to-play and easy-to-win European odds. Below are all the essential information that bettors must memorize before investing.

What is European Odds and how to bet accurately from experts

European odds are one of the bet types chosen by many bettors in their journey to get rich from Football. The main reason is due to the very simple gameplay that anyone can easily get acquainted with and win. Join now to learn specifically about this type of bet through the following article.

How are European odds understood?

1×2 odds are one of the most popular forms of play at 77PH today. According to many bettors, this type of bet has a form and a winning rate quite high, up to 33.33%. Here, bettors will place money on one of the three options given by the bookmaker, namely home team win, away team win, and a draw between the two sides.

Unlike handicap bets which require predictions based on additional ratios given by the bookmaker, 1×2 odds only require bettors to choose the final winning team. Therefore, this type of bet is chosen by many newcomers to Football betting to make money easily.

Summary of betting options

As mentioned, when participating in 1×2 odds, you only need to bet on one of the three options 1/X/2 given by the bookmaker. Each box will include different reward rates that bettors will receive after winning. Specifically:

• Option 1: This is the betting option representing the home team winning in 1×2 odds. If the home team wins against the away team, the bettor will receive a reward from the bookmaker.
• Option 2: Contrary to option 1, this box represents the case where the away team will win the upcoming match.
• Option X: Or the draw option, you will place money if you predict that both sides will be tied in the upcoming match.

Simple guide to reading 1×2 odds for beginners

Bettors need to clearly understand the presentation and information provided on the odds table given by the bookmaker. Below is an example of a match between Kerry and Waterford in the upcoming match:

• Betting Name: European odds or 1×2.
• Team Names:
  • Home Team: Kerry is listed on top representing the home team in the upcoming match.
  • Away Team: Waterford is listed below the home team name.
• Betting Time: Full match or FM.
• Odds Column includes:
  • First row: This is the odds given for the home team Kerry winning. The profit you can receive when playing is 11 times the capital.
  • Middle row: These are the odds for the away team Waterford winning with a reward rate of 1.14 times the bet.
  • Last row: This is the reward rate for bettors placing on option X in case both teams are tied. The odds given by the bookmaker for this option is 7.5 times.

How to calculate winnings and losses when betting on European odds

To clearly understand the nature and accurately place money, investors need to grasp the standard calculation of rewards. Specifically:

Reward Calculation Formula

Generally, calculating the winnings for 1×2 odds is quite simple as there are no cases of half wins or half losses. The specific formula for bettors to know the reward they receive or lose is:

• Winnings when winning = Capital invested x Winning Odds.
• Loss amount = Capital invested x Losing Odds (equals 1).

The formula above is applied to both full-match and half-match bets to calculate the revenue for bettors. Players need to firmly grasp this calculation if they want to bet without ever losing.

Simple and understandable example of calculating 1×2 odds

Returning to the example of the match between Kerry and Waterford above. Suppose the bettor places 100k on Kerry corresponding to option 1 (odds of 11), then the following scenarios will occur:

• If Kerry unexpectedly wins against the opponent, the player will receive a total profit of 100k x 11 = 1100k VND.
• In case the team loses or ties, you will lose the 100k bet.

It can be seen that the winning rate for this type of play is up to 33.33%, so bettors can easily earn profit when betting. If you have some experience in playing and analyzing the teams, the probability of winning the bet will increase even more.

Summary of expert tips for playing 1×2 odds accurately

1×2 odds have an extremely easy-to-understand way of playing, but some people still cannot earn profits after a long time betting. To overcome this situation, you need to learn and apply the tips suggested by experts:

Analyze the reward rate before placing 

In this bet, the reward rate provided by the bookmaker will continuously fluctuate based on various factors. The bookmaker will balance the options based on the actual situation and the number of people betting to make them as reasonable as possible. Therefore, bettors need to read and know how to analyze the odds to place bets accurately.

First, you need to wait for the bookmaker to announce the 1×2 odds and note them down. Then, when the match begins, pay attention to whether the odds change significantly compared to the initial rate. According to experts, you should place bets when the reward rate matches the initial rate.

If the odds fluctuate continuously with a large margin, it means the final result of the match is still very unpredictable. If you are a newbie, you should not place money at this time as you are very likely to fail.

Always assess the real situation of the two teams

A note for bettors before participating in 1×2 odds is to research and assess the situation of the two teams before placing money. Some information that bettors especially care about are:

• The performance of both teams in the last five matches.
• Key players in the team playing to their potential or underperforming.
• The ranking of the two teams on the current season’s leaderboard.
• The strategies used by the coaches of both sides and whether they counter each other.
• The venue of the match, as the home team usually has some advantages over the opponent.
• The history of head-to-head matches between the two teams in recent years.

Use appropriate money placement methods to optimize profits

Finally, even experienced players cannot ensure constant wins in betting. Therefore, you need to know the appropriate money placement method to earn significant profits even after losing a few matches.

The money placement style that many people use and always find effective in betting is the Martingale system. Specifically, bettors need to double the bet amount for the next match if they fail in the previous round. Thus, winning just one match will recover all the capital and earn a huge profit.

However, investors also need to note some things when playing 1×2 odds using the Martingale system. You should prepare capital to sustain around 6 to 7 rounds to prevent continuous losses. If the betting capital runs out before winning, the bettor will incur a heavy loss.

The above are all aspects of European odds sent to bettors who love the betting sport. Participate in betting today; many attractive rewards are waiting for you!