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What is soccer betting? Types of house odds

Anyone who wants to participate in online soccer betting, the first thing to do is learn how to watch soccer odds. By reading the ball odds, you have gone 30% of the way to becoming a lucky football player.

Soccer betting is a term that is no longer unfamiliar to all members of the soccer betting world. So what exactly is football betting? What types of soccer odds are there? Let’s New88.com Find out in the following article.

What is soccer betting?

Explained in the simplest way, soccer betting is a term that represents the ratio between the two teams participating in the match that the player is betting on. Each bookmaker will often offer different betting odds for players choosing each specific match.

When you bet, it means you will accept winning or losing. Currently on betting sites there are many different betting odds. You can refer to 3 main types of bets: Asian bets, European bets and Over/Under bets.

In general, soccer betting is quite complicated. They are represented by different numbers that will be difficult for players to understand. Understanding player psychology and knowing these things, we will answer you about soccer odds and how to read soccer odds most accurately.

Overview of common bets

Draw odds (0)

In this bet, you will bet on which team you predict will win. If that team wins, you win the bet. If there is a draw, the money will be returned, if your team loses then you will lose the bet, meaning you will lose the money you bet. In case of a draw, the player will break even. If they don’t win, they won’t lose money.

Odds 1/4 (0.25)

In this type of bet, whichever team wins the match means that team will also win the bet. But if there is a tie, the team with the higher odds will lose half of the bet amount. The lower team will win half the money.

Odds 1/2 (0.5)

In this bet, the upper team will be forced to accept the lower team’s left half. This means that if any team wins the match, that team will win the bet. But when the result is a tie, the winning team will be the underdog team.

Odds 3/4 (0.75)

As the name suggests, the team with the upper handicap will accept the lower handicap team by 3/4 points. In this bet, if the upper team wins with a difference of 2 goals, the bet will be won and the lower team will lose the bet. On the contrary, if the upper-bet team only wins with a difference of 1 goal, the upper-bet team will win half the money, and the lower-bet team will lose half the money.

If at the end of the match the lower team draws or wins, it means the bet wins.

Handicap 1 goal

In this bet, the upper team will handicap the lower team by 1 goal. If the upper bet wins with a difference of 2 or more goals, you win. If there is only a difference of 1 goal, the upper team will lose and of course the lower team will win. In case of a tie, the underdog will also win.
See : Giải Mã Giấc Mơ New88

Odds 1 1/4 (1.25)

In this bet, the team with the upper handicap will accept the lower handicap by 1 and a half goals. As follows:

  • The upper bet team wins, the lower bet loses while the upper bet wins the match by a difference of 2 goals or more.
  • The upper handicap team only wins with a difference of 1 goal, then the upper handicap team loses half the money, the lower handicap team wins half the money.
  • If the underdog team wins the whole match, then the underdog team will definitely win the bet without further discussion.
  • If there is a tie, the lower team will also win the bet because the upper team has a handicap of 1 and a half goals

Odds 1 1/2 (1.5)

In this type of football betting:

  • The team with the upper bet wins with a difference of 2 or more goals will win, the lower bet loses.
  • If the team with the upper bet wins by 1 goal, the upper bet will lose, and the lower bet will win.
  • The lower team wins or if the result is a draw, the bet will be won.

Epilogue

Above, New88 has introduced what soccer bets are, some popular soccer bets as well as the meaning of each type of bet so that newcomers to soccer betting can understand clearly. Hopefully through this article, New88 will help those who are new to soccer betting for the first time no longer be confused about what soccer odds are and the variety of soccer odds.

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