Football betting odds is a relatively familiar term but can also be confusing for newcomers to online football betting. To gain a better understanding of the different types of football betting and common types of football bets, let's join the seasoned experts at Wintips to explore further in the following article.
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What is Football Betting Odds?
Football betting odds is a term used to refer to placing a bet on at least one team in a match. It significantly influences the decision of a player's win or loss outcome.
Every sportsbook offers various football betting odds, making it easy for players to participate and make selections. The general concept of football betting odds is complex, expressed through different values that may be challenging for non-expert players to fully grasp.
Common Types of Football Bets
Asian Handicap Betting in Football
Asian Handicap, also known as Handicap Betting, is one of the most popular types of bets and is favored by many football betting enthusiasts in Vietnam. This type of bet helps participants in online football betting better understand which team is stronger and which team is weaker.
In the Asian Handicap table, the stronger team is marked in red, while the weaker team is marked in black.
Draw No Bet
In the case of a draw, the player's wager will be refunded to their account regardless of which team they placed the bet on. If you select the winning team, you will receive the winnings according to the odds provided by the sportsbook.
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Half Ball or Quarter Ball Handicap
The upper odds team gives the lower odds team a handicap of a half or quarter ball. Note that the sportsbook may not write the handicap as a precise fraction like 1/4, but instead use other symbols such as 0.0 - 0.5 for the upper odds team and 0.0, +0.5 for the lower odds team. In the event of a tie, selecting the upper odds will result in half of the bet being lost, while selecting the lower odds will result in a win for half of the bet. If one of the teams wins, the player who chose the winning team will win the full bet according to the given odds.
European Handicap Betting in Football
European Handicap, also known as the 1×2 bet, is considered one of the simplest types of bets compared to other types. It is also the type of bet with the highest winning odds.
The 1×2 bet is interpreted as follows:
1 is for betting on the home team to win
x represents a draw
2 is for betting on the away team to win
Full Time (FT) represents a full match bet, while 1H represents a halftime bet.
Over/Under Betting in Football
Over/Under, denoted as O/U, refers to the total number of goals scored by both teams at the end of the match.
Booking Betting in Football
Booking betting includes the total number of yellow and red cards shown in the match. It has various variations with different types of booking bets, such as:
Total yellow cards: Will the total yellow cards of both teams be higher or lower than the number provided by the sportsbook?
Handicap on yellow cards: Will the yellow cards for the home team be more or less than the away team?
Red card betting: Which team will receive a red card? How many red cards will be shown in the match?
Corner Card Betting: Will any team receive up to 3 yellow cards in a match?
Penalty Betting
This type of bet often occurs in cup matches or games where the outcome needs to be determined without using extra time or penalty shootout to compare. This type of bet only occurs after 90 or 120 minutes in knockout rounds leading up to the tournament finals.
Penalty Over/Under: Will both teams need to take all five penalty shots to determine the winner?
Total successful or unsuccessful penalty shots, odd or even.
Goal Betting
Goal betting is a type of bet with a wide range of variations and is generally advantageous to the sportsbook, making it challenging for players to choose. Examples include:
Half-time/Full-time goals: Will there be goals in the first half, second half, or how many goals?
First team to score: Which team will score the first goal?
Last team to score: Which team will score the last goal?
Fastest 2 goals: Which team will score 2 goals faster?
There are countless other types of football bets, such as player goal betting, corner kick betting, score betting, clean sheet betting, substitution betting, foul betting, offside betting, shot-on-target betting, own goal betting, reverse betting, and more, to make it easier for players to choose.
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Conclusion
Above, Wintips has shared various types of football betting odds and the meaning of each type of bet to provide a better understanding. At the same time, you can refer to additional football betting strategies to increase your chances of winning.
