What Are Football Betting Odds?

What Are Football Betting Odds?
Football betting odds are the rates set by bookmakers before a match, based on detailed research on both teams. These odds guide players in making betting decisions, with each type of bet offering different odds. To participate effectively in football betting, understanding the specific type of bet you wish to play is crucial. Be sure to incorporate bet soccer tips into your strategy for better results.
Pre-Match Betting Odds
Before each match, bookmakers offer various types of bets. Depending on your preferences and the information you have, you can choose any type of bet to participate in. Each type has its own rules, so it’s important to understand how to play. Additionally, to make accurate betting decisions, thorough research and analysis of both teams' information before the match is essential.
In Vietnam, most players choose European odds, Asian Handicap, or Over/Under bets. Additionally, there are many other types of bets like score bets, throw-ins, corner kicks, and kick-offs. Below, we’ll explain each type of bet.

Understanding Popular Football Betting Odds
When betting on football, you have a wide range of options. The most popular bookmaker bets include:
Asian Handicap Odds
Also known as handicap bets, this is a primary bet in football betting. In Asian Handicap, bookmakers analyze the strengths of the two teams and designate the stronger team as the favorite and the weaker team as the underdog. The favorite gives the underdog a certain goal advantage. The handicap depends on the relative strength of the teams: the greater the disparity, the higher the handicap. These odds are only valid during regular playtime; if the match goes into extra time, they are no longer applicable.
Each match has a different handicap rate, so it’s important to understand how to read Asian Handicap odds if you wish to bet on this type. Common handicap rates include 0.25, 0.5, 0.75, 1, 1.25, etc.
European Odds
Denoted as 1X2 on betting boards, European odds are straightforward. You choose one of three options:
Option 1: Home team wins
Option 2: Away team wins
Option X: Draw
Like Asian Handicap, European odds apply only during regular playtime. Each betting option has different payout rates set by the bookmaker, with stronger teams having lower payout rates and vice versa. For additional guidance, check out our tips free soccer.
The unique aspect of European odds is that there are only win or lose outcomes, making it ideal for those who enjoy clear-cut results from the start.
Over/Under Betting Odds
The Over/Under (O/U) bet is a mainstay in football betting. In this type, bookmakers analyze pre-match information from both teams and set an odds line predicting the total number of goals scored. Based on this line, you have two options:
Over: If you predict more goals than the set line.
Under: If you predict fewer goals than the set line.
Common Over/Under lines include 2, 2.25, 2.5, 2.75, 3, 3.25, etc.
Malaysian Odds
Malaysian odds are popular in Vietnam due to their interesting gameplay and potential high returns. If you win, you receive the full payout, but if you lose, you lose less than your initial bet.
Negative Odds: Bet amount / Odds = Profit.
Positive Odds: Bet amount x Odds = Profit.
Bookmaker Odds
Also known as online football odds, these are crucial for accurate betting. Understanding bookmaker odds requires deep knowledge, as they are set by experts who analyze matches.
Source of Odds
Odds are sourced from APIs of major betting companies like Betfair and William Hill. They are updated in real time to match those from top global bookmakers. It's important to verify odds with reputable sources like Soccer Tips to avoid scams.
Popular Types of Bookmaker Bets
Understanding various bet types increases your winning chances:
Asian Handicap: Known as Handicap or Over/Under, involves predicting the outcome based on handicaps given to teams. Common handicaps include 0-0 (draw no bet), 1, 1.25, and 0.25.
Even Handicaps (0-0): No advantage is given. If your chosen team wins, you win; if it draws, your stake is returned.
One-Goal Handicap (1): If the favored team wins by one goal, the bet is a push; if by two or more, you win fully.
Quarter-Goal Handicap (0.25): The favored team must win by more than 0.25 goals for a full payout; if it draws, half your stake is returned.
One and a Quarter Handicap (1.25): If the favored team wins by more than one goal, the payout varies based on the exact score difference.
There are many other types of Asian Handicap odds, such as half-goal (0.5) and three-quarter goal (0.75) handicaps. Betting should align with your understanding of the teams and match conditions.
Premier League Asian Handicap Odds
European Odds - How to Analyze European Odds
European odds, also known as 1X2, are simpler than Asian handicap odds. Players choose from three options: win, lose, or draw. This straightforward approach attracts many bettors as it requires less deliberation compared to Asian handicaps. However, there’s no refund option, only a win or loss, so careful calculation is essential.
Key terms for European odds include:
FT: Full Time
1H: First Half
1: Home team win
2: Away team win
X: Draw
Malaysian Odds - How to Analyze Malaysian Odds
Malaysian odds, while less common than Asian or European odds, are popular in Vietnam. Set by Malaysian bookmakers, these odds offer unique betting dynamics that appeal to certain players. For optimal strategies, be sure to explore and buy premium soccer tips.