Definition of European Odds What Are 1x2 Odds?
European odds, also known as 1x2 odds, represent a type of football betting that demands decisiveness and a bit of daring from the bettor. This "all or nothing" betting style is highly regarded by many experts.
Betting on this type of odds at online win betting tips is straightforward, requiring only the ability to read the soccer bet tips table and the time to study the match. Because it is difficult to win, the payout rates are typically quite high.
Definition of European Odds – What Are 1x2 Odds?
European odds, or 1x2 odds, involve predicting the outcome of a football match. Bettors place their wagers on one of three outcomes: home win, away win, or draw.
This type of bet is available for all matches, regardless of their importance. Predicting the winning team or a draw can be challenging, making this betting style both simple in concept and difficult in practice.
1x2 Odds Explanation
In 1x2 odds, "1" represents the home team, "2" the away team, and "x" the draw. When placing a bet, there are only two possible outcomes: winning or losing.
Unlike Asian Handicap bets, there is no refund or half-win, half-loss scenario. Without certainty, experts advise against betting.
New bettors are often discouraged from starting with 1x2 odds due to the difficulty of winning. Experienced bettors who have spent time in the market may consider trying their luck.
Possible Scenarios in European Odds Betting
1x2 betting can apply to either the first half, the whole match, or even live betting. Most people choose to bet on the full match for a more accurate prediction.
European odds do not have a handicap rate like Asian Handicap odds, so opportunities can be limited. Bettors need to be decisive in determining the winning side or a draw.
Reading and Calculating European Odds Payouts
To predict results accurately, one must first learn to read the odds table. The example below illustrates how to play full match 1x2 odds and calculate winnings and losses.
Tenerife is the home team with a slight advantage, though both teams are evenly matched.
Payout Calculation:
If you bet 100k on Tenerife and they win: You get 100k + 100k x 2.25 = 325k.
If Tenerife loses: You lose 100k.
If Tenerife draws with Deportivo Alaves: You lose 100k.
If you bet on Deportivo Alaves and they win: You get 100k + 100k x 3.25 = 425k.
Top 7 Tips for the betting site on European Odds
Here are the top 7 tips for betting on sites that use European odds (decimal odds):
Understand the Basics of European OddsEuropean odds, or decimal odds, represent the total payout instead of just the profit. For example, odds of 2.50 mean you’ll get €2.50 back for every €1 wagered, including your stake.
Getting comfortable with this format helps you make quick calculations when comparing potential payouts.
Look for Value in Odds ComparisonDifferent sites may offer slightly different odds for the same event. By comparing odds across multiple bookmakers, you can find value and increase your returns.
Even minor differences in decimal odds can lead to significant changes in long-term profits.
Use Implied Probability for Better BetsTo understand if the odds represent good value, calculate the implied probability: divide 1 by the decimal odds. For example, odds of 2.00 imply a 50% chance of winning.
If you believe the true probability is higher, the bet may offer value.
Focus on Single and Double BetsWith European odds, single and double bets tend to be easier to manage and understand. Single bets keep risks minimal, and double bets allow you to combine two outcomes with manageable risk while increasing potential returns without overly complicating your bet.
Avoid Long Accumulator BetsAlthough it’s tempting, stacking multiple events in accumulators increases risk significantly. European odds on accumulators grow exponentially with each added event, which can create overly optimistic potential returns that are hard to achieve.
Limit accumulators to a few outcomes if you want better chances.
Consider In-Play Betting OpportunitiesMany European betting sites offer live (in-play) betting options, allowing you to see how a game unfolds before placing a bet. This can be advantageous, as you can better gauge team form and dynamics in real time and find potentially valuable odds.
Manage Your Bankroll EffectivelyBankroll management is essential for successful betting sites in malaysia especially when using European odds. Decide on a consistent stake size, usually a small percentage of your total bankroll, and avoid risking too much on a single bet.
This approach helps protect your funds and minimizes losses over the long term.
By following these tips, you can make more informed choices and enhance your success with European odds on betting sites. These strategies help you balance risk and reward while making the most of each betting opportunity.
Conclusion
European odds are straightforward to understand and quick to calculate but challenging to predict accurately. Spend time analyzing the odds carefully to make the most informed predictions, and apply tips from experienced bettors for better results.