Guide to Analyzing Football Odds That Every Bettor Should Know

Besides traditional online betting, bookmakers also allow players to adjust their bets while the match is in progress. This feature helps bettors minimize losses during wagering. To make the most of this strategy, understanding how to analyze football odds is crucial. So, what are football odds? Let's explore this topic with win tips bet in the following article.

What Are Football Odds?

Football odds are an essential concept in online football betting. They represent the payout rates that bookmakers offer when a bet is won. Odds are typically displayed alongside betting lines in various formats, allowing players to choose their preferred currency for payouts.

Most reputable bookmaker on-line today offer five main types of football odds:

• European Odds (Decimal Odds)

• Hong Kong Odds (HK Odds)

• Malay Odds (MY Odds)

• Indonesian Odds (Indo Odds)

• American Odds (US Odds)

Types of Football Odds & How to Calculate Winnings

1. European Odds (Decimal Odds)

European Odds always display both the wagered amount and the potential winnings. It's important not to confuse European odds with European betting lines, as they are entirely different.

European odds are always greater than 1.00. The formula for calculating winnings using European odds is:
Total payout = Bet amount × European odds

• If you lose the bet, you lose your entire stake.

• Example: Betting $100 at odds of 1.5 results in a total payout of:
  100 × 1.5 = $150

2. Hong Kong Odds (HK Odds)

Hong Kong odds differ from European odds in that they only display the potential winnings, excluding the original stake. The odds are always greater than 0.0.

The formula for calculating winnings with HK odds is:
Total payout = Bet amount + (Bet amount × HK odds)

• If you lose the bet, you lose your entire stake.

• Example: Betting $100 at HK odds of 1.5 results in:
  100 + (100 × 1.5) = $250

3. Malay Odds (MY Odds)

Malay odds are similar to European odds in that they include both the stake and winnings. However, they can be displayed as positive or negative values, leading to different calculations.

• For positive Malay odds:
  Total payout = Bet amount + (Bet amount × Malay odds)

  • If you lose, you lose the entire stake.

  • Example: Betting $100 at odds of 1.5 results in:
    100 + (100 × 1.5) = $150

• For negative Malay odds:
  Total payout = (Bet amount × Malay odds) + (Bet amount × 1.00)

  • If you lose, the loss is calculated as:
    Bet amount + (Bet amount × Malay odds)

  • Example: Betting $100 at odds of -0.7, if you win:
    (100 × 0.7) + (100 × 1.00) = $170

  • If you lose:
    100 + (100 × (-0.7)) = $30

4. Indonesian Odds (Indo Odds)

Indo odds are similar to Malay odds in that they can be positive or negative. However, Indo odds always display values greater than or equal to 1.00. The formula for calculating winnings follows the same method as Malay odds.

5. American Odds (US Odds)

US odds are based on HK odds and can also be positive or negative. There are two scenarios:

• If HK odds < 1.00:
  US odds = -1 / HK odds

  • Example: HK odds = 0.7, so US odds = -1/0.7 = -1.42

  • Betting $100:

    • Winning payout = 100 × 0.7 = $70

    • Losing amount = 100 × 1.42 = $142

• If HK odds > 1.00:

  • Payout follows the standard calculation:
    Total payout = Bet amount × HK odds

  • Example: Betting $100 at 1.3 odds results in:
    100 × 1.3 = $130

  • If you lose, you forfeit the entire stake.

Conclusion

This article provides a comprehensive guide to analyzing football odds, brought to you by the international football prediction bookmaker review platform. We hope this information helps bettors understand football odds and apply them effectively in their betting strategies.