Soccer betting odds are something that makes the entire concept of betting on any type of sport very difficult to understand. In any form of sports betting, your odds of winning or placing a bet are derived based on the statistical probabilities of your team winning the game. For instance, if you are planning to place a bet on your favorite NBA team to win their next match against the Houston Rockets, you have to know how good their starting five is and how much money they will win based on the current lineup. That is where knowing how to read soccer betting odds comes in. This article will introduce you to some of the terms you need to keep in mind when making a bet.
Point spread. The point spread in soccer betting odds works the same way as it does in other major sports such as basketball and football. Basically, the point spread is the amount of points that you have to win a wager by in order for you to make a win. The favorite usually has to win the game by at least two clear points for you to have a profitable wager on the favorite; however, if your selected sportsbook puts the points spread at 1.500, then the favorite needs to win by at least three points for you to make a profit on your wager ket qua bong da hom nay.
Total expected payout (T.E.P.) The total expected payout, or T.E.P., is simply the total amount of money that you would win if you were able to make a successful bet. This includes the winning team’s winnings and any bonuses that may be included in the bet. Your odds of winning will be greatly affected by this number.
Decimal Odds. In most forms of wagering, including soccer betting, you will not be able to know exactly how much to bet until after you have the bookmaker tell you the odds. However, when you use the decimals, you will be able to more accurately determine how much to bet. The easiest way to explain the decimals is to imagine a triangle; the size of the wager, the stake, and the decimal odds.
Edge Percentage. In order for you to place a successful bet, you must win two out of three wagers. For soccer betting, you must win three out of four matches or a win percentage of ninety-eight percent. Your edge percentage is the ratio of the total points in a match that you want to cover and the total points that you think you must win in order for you to cover the rest of the spread.
Why Read Odds? You should always read odds carefully, especially when they are different from the standard betting odds. If you are not sure how to read odds, all bets are off. Even if you bet on the same team, if they are listed with different odds, you should still read what is on the contract. Many online bookmakers will give you a look at the odds they use, but before betting, you should make sure to look at the rest of the team and see what they are listed with.