What are football betting odds? How to calculate the most accurate football score odds

Today, in addition to watching football matches for entertainment, many fans have participated in betting. Especially in recent major football tournaments like the 2022 World Cup, the term "betting odds" has been mentioned a lot. To understand more about what football which bookmaker has the best odds are and how to calculate the most accurate score odds, let"s find out now!

What are football betting odds?

Football betting odds (betting odds, bookmaker odds, bookmaker odds) are the betting ratios for football teams provided by bookmakers. When the match takes place, players predict the winning team, and bookmakers will provide suggested betting odds for players to refer to when making their choices. This is a commonly used term in football betting.

Usually, football sports betting site odds will be updated about 1 week before the match takes place. This is a suitable time for players to research and choose suitable betting odds.

To provide attractive betting odds, large and reputable bookmakers will have a team of analysts specialized in analyzing matches and providing odds. For smaller-scale bookmakers, they often purchase data from larger sports entities. However, the more attractive the betting odds are, the more dangerous they can be.

Some common football bets

There are many different types of football bets, here are details about the most common ones:

1.25 Handicap Bet

The 1.25 handicap bet is applied when there is a significant difference in strength between the two teams in the match. Here are some specific cases:

When players bet on the favorite team and that team wins by a margin of 1 goal => The over bettor loses half of their bet, the under bettor wins half of their bet.

When players bet on the favorite team and that team wins by a margin of 2 goals or more => The player wins the bet and gets their full bet amount, the under bettor loses their entire bet.

When the match ends in a draw or the underdog team wins regardless of the score => The over bettor loses their entire bet amount, the under bettor wins.

Handicap Betting

Handicap betting is a bet provided by bookmakers to balance the playing field between the underdog and the favorite team. The handicap ratio corresponds to the number of handicap goals, creating a balance between the two teams.

Since the handicap goals belong to the favorite team, if the handicap odds are higher, it indicates a significant difference in strength between the two teams, and conversely, if the two teams are evenly matched, the handicap goals will be small, with not much difference.

There are usually 2 types of handicap bets, namely moneyline handicap bets that are used initially, and when the betting amounts of the two teams are significantly different, the bookmaker app will start switching to handicap bets, to balance the betting amounts.

Exact Score Bet

The exact score bet is a bet where players predict the final score of the match accurately. It is considered one of the most difficult bets for bookmakers to win, but when predicted correctly, the rewards can be significant.

Before the match, bookmakers will provide data on possible match scores such as: 0-0, 0-1, 1-0, 1-2, 2-1, etc. Players will choose, and the minimum payout odds are usually X3 or X4 the bet amount, depending on the selected options, the reward payout may vary.

Goal Bet

The goal bet (total goals bet) is a very diverse type of bet, where players make predictions such as: Will there be goals in the first or second half? How many goals will be scored?... And bet on the total number of goals that both teams score after 90 minutes of play. Bookmakers will also provide possibilities that may occur in that match.

Corner Kick Bet

The corner kick bet (corner bet, corners bet) is a type of bet where players do not need to care about which team wins or loses, or how many goals are scored in the match, but only focus on the number of corner kicks executed by both teams to place bets.

This is a relatively new form of betting, but it attracts a lot of players. Depending on the characteristics of the tournament, bookmakers will offer different types of corner bets, and the corresponding betting odds will be higher than many other types of bets.

Penalty Bet

The penalty bet is a bet that occurs after 90 or 120 minutes in a deciding match where a penalty shootout determines the winner, rather than appearing regularly like other types of bets.

This bet is applied to common forms such as predicting the total number of goals scored by both teams or just one team. Usually, bookmakers will offer bets before the penalty shootout takes place, about 5 minutes before.

In cases where the shootout does not determine the winner, the bet will continue until a final result is determined. The penalty bet is considered a risky bet, and choosing the team with a successful penalty shootout is not simple.

Above are the information revolving around what football betting odds are and some common football bets. We have provided useful information for readers who are interested. Enjoy it for entertainment, but remember not to get too carried away with it!