The most accurate and easiest way to read odds at bookmaker in australia is what everyone wants to learn. What are the ways to read odds accurately and achieve a high winning rate? What do bookmakers’ odds tell you? Let's explore the content of this article from Ku casino.
What are bookmakers’ odds and odds ratio?
Online betting is a type of gambling that attracts a lot of people because of its convenience. Online betting sites are where people who enjoy sports betting come to place their bets. However, for any bookmaker, the first thing to consider when betting is to have a good grasp of basic terminology.
What are bookmakers' odds?
Bookmakers' odds are the type of odds that betting sites provide for sports events. Also known as football odds or online odds, you rely on these odds to select and place bets. Although provided by bookmakers, these are important factors on which decisions are made for betting. Bookmakers' odds for each match will be different, and at different times. There are many types of bookmakers’ odds, such as Asian Handicap odds, European odds, over/under odds, corner odds, card odds, score odds, etc.
The odds ratio for bookmakers is the number that shows the odds of two teams in a sports event. You can see this number on the odds boards of betting sites, where odds for sports events are displayed. The odds ratio varies for each match, and these numbers are used to predict the outcome of the game. Moreover, they will also show the betting amount that you can win if your bet wins. These odds ratios are analyzed, estimated, and provided by the betting experts of the betting sites. As mentioned earlier, odds ratios are represented by numbers, and there are many different types, such as the even odds ratio, the 1x2 odds ratio, the 1/2 odds ratio, the 1 3/4 odds ratio, and many more.
How to read bookmakers’ odds
To help you understand and master the different types of bookmakers' odds, we will provide you with some guidelines on how to read them. If you understand these reading methods, you will have a better grasp of how to place bets, and ultimately increase your chances of winning.
Asian Handicap Betting"
Asian Handicap or Handicap Betting, also known as Asian Handicap betting, is a popular type of bet with a large number of players at sports betting sites. This type of bet represents a sporting event in which the favorite team will give a certain handicap to the underdog team. For example, some famous handicap bets are:
Level ball bet (or 0 handicap)
Level ball bet is a type of Asian handicap bet, but it is special because in this type of match, the favorite team's handicap for the underdog team is 0. In other words, there is no team that is favored over the other. The player betting on the favorite team wins if the favorite team wins. The player betting on the underdog team wins if the underdog team wins. In the event of a tie, bets on either team are refunded.
How to read odds
3/4 ball handicap
The 3/4 ball handicap or 0.75 ball handicap is shown on the odds table as 0.5-1. In this type of bet, the favorite team gives the underdog team a 0.75 ball handicap. If the favorite team wins by a margin of 2 goals or more, the player betting on the favorite team wins. If the favorite team loses or draws, the player betting on the underdog team wins. If the favorite team wins by a margin of only 1 goal, the player betting on the favorite team receives half the bet amount back, while the player betting on the underdog team loses half the bet amount.
The favorite team is given a 1 ball handicap over the underdog team. This type of handicap bet usually appears in matches where there is a clear difference in skill level between the two teams. If the favorite team wins by a margin of 2 goals or more, the player betting on the favorite team wins. If the favorite team wins by only 1 goal, the player receives the bet amount back. If the favorite team loses or draws, the player betting on the favorite team loses, while the player betting on the underdog team wins.
European betting, also known as 1x2 betting, has three betting options: win, lose, or draw. The following describes how to read these odds:
1: Bet on the home team to win.
x: Bet on a draw between the two teams.
2: Bet on the away team to win.
Over/Under betting is the simplest and easiest type of bet compared to the two types of bets above. The player only needs to bet on the total number of goals scored in the match compared to the odds set by the betting site. There are many types of Over/Under bets, such as Asian Handicap betting, but they are easier to read. Players simply need to guess whether the total number of goals scored will be higher or lower than the odds set by the betting site.