Different types of football betting odds
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Millions of people desire to play football betting, but only 5% succeed. You should be familiar with the football betting odds if you are interested in trying it. The numbers that you see beside the name of the football teams are actually odds. To be successful in betting you must be able understand and use odds to your advantage. You are effectively throwing your money away if you don't understand the odds. You may win a few bets here and there but you are bound to lose a lot of your bets if you do not understand odds. You need to be familiar with the different types of odds in order to better understand them. There are three types or football betting odds.
1. Fractional odds. Bookmakers in the UK use fractional odds for football. Fractional odds are based on 1 unit of stake. If you look at fractional football odds before you place your bet, you can determine how much profit you'll make by placing 1 unit of stake. The fractional format does not state the total winnings for each unit of stake but just the profit from the bet.
2. Decimal odds. Decimal format odds are widely used by bookmakers all over the world. This type of football betting odds is simple and easy to understand. By reading decimal football odds, you will be able to determine the total amount of money that you will gain from making a 1 unit bet. You may see a different unit of stake, which could be ten or 100. Before placing your bet, make sure you ask the bookmaker for the exact unit of stake. Commonly, decimal football odds are adjusted to two decimal places to make it more accurate.
3. American odds. American odds can also be called money lines. This type of football odds has a basis of 100 stake. You can determine whether the American odds are positive or negative for your football betting. If the American odds are positive, you can calculate the profit that you will make on your 100 stake. If the football betting odds is negative then you can determine the amount of stake that you need to be able to earn 100 on your bet.
Knowing about football betting odds and using them for your advantage is the key to your betting success. http://reichstadt.info/permainan-slot-pragmatis-surga-bagi-penggemar-slot/ And now that you know that different types of odds, you can now look for odds offer by sports sites around the internet, compare them and take notes. In this way you can formulate your own odds that will help you win all your bets.
1. Fractional odds. Bookmakers in the UK use fractional odds for football. Fractional odds are based on 1 unit of stake. If you look at fractional football odds before you place your bet, you can determine how much profit you'll make by placing 1 unit of stake. The fractional format does not state the total winnings for each unit of stake but just the profit from the bet.
2. Decimal odds. Decimal format odds are widely used by bookmakers all over the world. This type of football betting odds is simple and easy to understand. By reading decimal football odds, you will be able to determine the total amount of money that you will gain from making a 1 unit bet. You may see a different unit of stake, which could be ten or 100. Before placing your bet, make sure you ask the bookmaker for the exact unit of stake. Commonly, decimal football odds are adjusted to two decimal places to make it more accurate.
3. American odds. American odds can also be called money lines. This type of football odds has a basis of 100 stake. You can determine whether the American odds are positive or negative for your football betting. If the American odds are positive, you can calculate the profit that you will make on your 100 stake. If the football betting odds is negative then you can determine the amount of stake that you need to be able to earn 100 on your bet.
Knowing about football betting odds and using them for your advantage is the key to your betting success. http://reichstadt.info/permainan-slot-pragmatis-surga-bagi-penggemar-slot/ And now that you know that different types of odds, you can now look for odds offer by sports sites around the internet, compare them and take notes. In this way you can formulate your own odds that will help you win all your bets.
