The beautiful game of soccer is even more exciting when coupled with the thrill of online soccer betting. But for new bettors, deciphering the barrage of numbers displayed as “soccer odds” can be daunting. Fortunately, ample articles online can help with that.
This guide will break down the different types of soccer odds and equip you to interpret them for informed betting decisions.
Decimal, Fractional, and American Odds
Soccer betting uses three main formats for displaying Singapore Pools odds: decimal, fractional, and American.
· Decimal Odds: Dominant in Europe and Asia, these odds represent the total return you would receive if you wager $1. For example, odds of 3.50 indicate a potential return of $3.50 for every $1 bet. The higher the decimal odd, the less likely the outcome will happen, but the greater the potential payout.
· Fractional Odds: Dominantly used in the United Kingdom and Ireland, these odds express the potential profit relative to your stake. Odds of 3/1 signify a potential profit of $3 for every $1 wagered, with a total return of $4 (your $1 stake + $3 profit).
· American Odds: Popular in North America, these odds depict the amount you need to wager to win $100. A negative (-) odd, like -150, indicates you must bet $150 to win $100. Conversely, a positive (+) odd, like +200, means a $100 wager would make you a profit of $200, with a total return of $300 (your $100 stake + $200 profit).
Understanding What the Numbers Tell You
Regardless of the odds format, the core principle remains the same: the lower the betting odds, the higher the probability of that outcome happening (but with a smaller potential return). Conversely, higher odds suggest a less likely outcome but with a bigger potential payout.
For instance, if Manchester United plays against a weaker team, they might have odds of -200 (American) to win. This implies a high chance of victory for Manchester United but with a smaller return. On the other hand, the underdog team might have odds of +500, indicating a lower chance of winning but a much larger potential reward.
Bottomline
By understanding the different types of Singapore Pools soccer odds and their interpretations, you can move beyond simply placing random bets. You’ll be empowered to analyse matches, identify potential value wagers, and ultimately elevate your online soccer betting experience.