Football Betting Odds
Category : News
Football Betting Odds
Anywhere around the world, football is so popular and being watched by almost everybody. Regardless of any age or any work line, football is being enjoyed by many people. There are those who make this activity as their pastime, and there are those who watch to get money from it. Yes! You read it right! Imagine being able to make money out of something you are passionate about. Sounds cool isn’t it? In fact, almost half of those sports enthusiast are already into football betting.
Many people are making football betting as their regular income but one aspect of this recreational activity that many people have difficulty with is understanding the football betting odds. Football betting odds basically are created to bring in the largest numbers of bets. It is very important that a bettor fully understand it with all of his/ her heart and mind. There are several various types of football betting odds that is being used in different part of the world. The most common type of it are the Fractional Odds, Decimal Odds and the Moneyline Odds.
Fractional odds are hugely popular in the United Kingdom especially among the traditional high street bookmaker and followers of the horse racing betting scene. Fractional odds are commonly displayed as the following ways: 4/5, 3/1, 10/1 for example. The first figure shows the profit that you will make from a bet numerically equal to the second figure.
On the other hand, Decimal odds, another type of football betting odds show you how much money will be returned to you (including your stake) if your bet wins. Decimal odds are displayed as 1.4, 3.6, 4.2 for example. Decimal odds became the preferred choice for most betting exchange users since it provided easiest way of calculating whether your bets have value or not. Most online bookmakers used this type of betting odds as this is much easier for beginners to understand.
Moneyline odds are favoured by American bookmakers so are not widely used in the United Kingdom or Europe. Moneyline odds offer just two possibilities which are either positive or negative. The easiest way to understand a money line, is to think of it as an indication of the amount you need to bet to win $ 100 or the amount you will win. For example, Washington Redskins -160 Risking $ 160. to win $ 100 or San Francisco 49ers +140 Risking $ 100. to win $ 140.
Whatever type of football betting odds you choose to used, there are many free online bookmaker that can help you in the conversion of your odds. You can search on the internet and try some of them. As long as you are willing to learn and understand the football betting odds, pretty sure that you will be successful in your bet.