What are football betting odds?

Nowadays, in addition to watching football matches for entertainment, many fans have also participated in betting. Especially in recent major football tournaments like the 2024 World Cup, the term "betting odds" has been mentioned a lot. To understand more about what football bookmaker with best odds are and how to calculate them most accurately, let's we find out now!

What are football betting odds?

Football betting odds (betting odds, bookmaker odds, bookmaker betting odds) are the odds offered by bookmakers for football teams. When a match takes place, players predict the winning team, and the bookmaker will provide suggested betting odds for players to consider. This is a common term used in football betting.

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

To provide attractive betting odds, major and reputable bookmakers will have a team of analysts specializing in analyzing matches and providing which betting site has the highest odds . For smaller-scale bookmakers, they often purchase data from large sports agencies. 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 some of the most common bets:

Asian handicap 1st half

Asian handicap 1st half is for the first half of the match. This bet is based on the team's strength and form, and the bookmaker will list the results accordingly. When participating, players can choose to bet on over or under, and the odds for the 1st half handicap are usually favorable, making it easier to place bets and receive good results.

Handicap 1.25

Handicap 1.25 (1 ¼ handicap, 1 ¼ ball handicap) is applied when there is a clear difference in strength between the two teams in the match. Here are some specific cases:

When the favorite team wins by one goal: Players who choose the favorite team will lose half of their bet, while those who choose the underdog will win half of their bet.

When the favorite team wins by two or more goals: Players who choose the favorite team will win their bet, while those who choose the underdog will lose their entire bet.

When the match ends in a draw or the underdog wins regardless of the score: Players who choose the favorite team will lose their entire bet, while those who choose the underdog will win.

1×2 bet

1×2 bet is the most popular type of football bet, often called 3-way betting. This form of betting is widely used in America and Europe. Players will bet on outcomes such as home win, draw, or away win.

Total goals bet

Total goals bet (total goals bet) is a very diverse type of bet. Players will make predictions such as whether there will be goals in the 1st half, 2nd half, or how many goals will be scored in total by both teams after 90 minutes of play. Bookmakers will also provide possibilities for possible outcomes in that match.

Corner kick bet

Corner kick bet (corner 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 need to pay attention to the number of corner kicks that both teams take to place bets.

Player to score bet

Player to score bet is a bet where players predict which player will score in the match. However, this type of bet is often less popular because there are usually 22 players on the field, not counting the substitutes listed in the squad, making the risk very high. But in return, the odds for winning are very diverse and extremely large, ranging from x2 to x100 times the bet amount.

Clean sheet bet

Clean sheet bet (white sheet bet, no conceding bet, no scoring bet) is usually rare in normal types of bets because it belongs to the supplementary bet category. When participating in this bet, players keep a clean sheet, not conceding any goals during the entire match. This type of bet is often organized by a few large bookmakers because clean sheet bets rarely occur in matches.

Offside bet

Offside bet is a supplementary bet applied during the match time and does not include extra time or penalty shootouts. Players participating will bet on the total number of offside incidents of both teams in the match. This form of betting is similar to handicap betting, correct score betting, etc.

Foul bet

Foul bet is a bet calculated based on the number of fouls recorded by the referee for both teams and played according to the Over/Under ratio.

Shots on target bet

Shots on target bet is a bet where players count the total number of shots on target by both teams. This total is compared with the over/under bet placed before the match to determine whether to win or lose.

Penalty bet

Penalty bet is a bet that appears after 90 or 120 minutes of play in a decisive match, appearing when the match requires a penalty shootout to determine the winner, rather than appearing regularly like other types of bets.

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

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

How to calculate football score odds

When placing bets, whether winning or losing, you also need to know how to calculate the football score odds accurately. There are various calculation methods based on the betting odds from who is a bookmaker . Below are the betting money calculation terms you can refer to:

Here are the details about the content of what football betting odds are, some common football bets. We hope to provide useful information for readers to follow and understand. Remember not to indulge too much in betting!