Betting on soccer is one of the most popular sports in the world. It’s easy to see why: the game has a lot of fast-paced action, skillful players, and a lot of potential for excitement.
But it can also be difficult to understand how to bet on soccer, especially if you’re not an expert. This guide aims to help you navigate the world of soccer betting.
Soccer Odds Explained
Bookmakers set the odds of a soccer match before the start of the event. They are normally expressed as odds on the home team winning, with 10/11 and 11/10 being the most common. If you see a different number, such as 6/4 or 5/2, you get paid more if your selection wins. This is because the bookmaker has to make money on every bet placed and so they will offer better odds on events they feel they can’t predict well enough.
The best way to think about soccer betting odds is that they’re a way for bookmakers to make money from all bets placed on an event. If you know which team will win, it makes sense to bet on that team’s success as this gives them less chance of losing money overall.
Types of Soccer Odds
The soccer odds 1×2 are most often used by professional gamblers and bettors, as they allow you to bet on both the home and away teams to win the game.
The following provides a brief description of other types of soccer betting odds:
- Decimal Odds: This is where you have an implied probability of a team winning a match. For example, a team may be priced even money to win a game. If you bet $100 on this team and they do win, you will receive $100 back on your initial bet. The implied probability of this team winning is 50% (1/1).
- Fractional Odds: This is where you have an implied probability of a team winning a match, but it is not displayed as percentages. For example, if a team was priced at 1/4 to win a match, then this would mean that they have an implied probability of 25%, which is displayed as 1/4 instead of 25%.
How Do You Read Soccer Betting Odds?
Soccer betting odds are simple to read, but there is a bit of information that can make it even easier. The first thing to look at is the spread. The spread is the predicted margin of victory for one team over another. If you want to bet on the home team, you will look at how many goals they were predicted to win by and how many goals their opponent was predicted to win by. This gives you several goals between 0-3.
For example, if a team is playing at home and they are +1 (meaning they are predicted to win by 1 goal), you would get your money back if they win 3-0. However, if they won 2-0, you would only get half of your money back because they needed more to cover the spread of 1 goal. If they won 6-0 or 7-0, then you would get paid very handsomely because they covered the spread and won more than what was needed for their opponent to win by 1 goal.
If you want the biggest profit and payoffs when betting on soccer, having a solid understanding of soccer odds 1×2 is essential. This guide will give you a good primer on soccer betting odds to gain more knowledge and make better decisions.