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Football (soccer) betting tip - understanding the various odds formats to make money

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In live betting, the odds tell a story. The ability to decode the odds to identify the betting opportunities is the secret to make money, and it is crucial to understand the various odds formats to …

In live betting, the odds tell a story. The ability to decode the odds to identify the betting opportunities is the secret to make money, and it is crucial to understand the various odds formats to enable you to make timely decisive bets.


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  • 1. Football (Soccer) Betting Tip - Understanding The Various Odds Formats To Make MoneyOdds are the prices the bookmakers offer which tell you how much you canwin in a bet at a given stake. In general, the higher the odds the lower theprobability of winning and the team is not expected to play as well.Different bookmakers in different countries offer their odds in differentways depending on local custom. You can see odds presented in UK(fractional), European (decimal), US (moneyline) and the formats popularlyused in the Asian betting markets which include Indonesian, Malaysian andHong Kong-style odds formats.In live betting (also known as bet in play, in-game, in-running betting), theodds tell a story. The ability to decode the odds to identify the bettingopportunities is the secret to make money, and it is crucial to understand thevarious odds formats to enable you to make timely decisive bets.Below is a brief conversion chart of the different odds formats. As there ismuch difficulty to present the chart in a table form with neat tabulations,please do follow the sequence of the odds in accordance with the oddsformats:UK=>European=>US=>Indonesian=>Malaysian=>Hong Kong5/1 => 6.00 => +500 => +5.00 => -0.20 => 5.003/2 => 2.50 => +150 => +1.50 => -0.67 => 1.501/1 => 2.00 ==> 100 ==> 1.00 ==> 1.00 => 1.008/11 => 1.73 => -137 => -1.37 => +0.73 => 0.731/2 => 1.50 => -200 => -2.00 => +0.50 => 0.50Please take note of the following points:1) For the UK and European odds, any payouts above 1/1 and 2.00respectively are the negative odds in the Malaysian format.2) The Indonesian odds are like US odds, just divided by 100.
  • 2. 3) Take note that for the US and Indonesian odds vs the Malaysian odds, theinterpretation of positive (+) and negative (-) figures is the opposite of eachother. For example, US +500/Indonesian +5.00 is Malaysian -0.20; US-200/Indonesia -2.00 is Malaysian +0.50, etc.Do you want to have 101 football tips to propel your punting edge to agreater height? Claim a free copy of The Killer Strategy by visitinghttp://fooballbetz.blogspot.com/Understanding The Various Odds FormatLets take an example of a match between Sydney vs Adelaide at levelhandicap and the odds offered are as under:Match: Sydney vs Adelaide (level handicap) and the odds in the followingformats:UK=>European=>US=>Indonesian=>Malaysian=>Hong KongSydney To Win => 3/2 ==> 2.50 => +150 => +1.50 => -0.67 => 1.50Adelaide To Win => 8/11 => 1.73 => -137 => -1.37 => +0.73 => 0.73It is important to note the difference between your payout after a win, andyour profit, which is the payout minus your staking amount.UK Odds (Fractional)UK odds X Your stake = your profit.Sydney 3/2 (level handicap) Adelaide 8/11If the stake is $100, the scenarios will be as under:* If you take Sydney and win, your profit will be $150* If you take Sydney and lose, you will lose $100* If you take Adelaide and win, your profit will be $73* If you take Adelaide and lose, you will lose $100European Odds (Decimal)European odds x Your stake = your payout.
  • 3. Sydney 2.50 (level handicap) Adelaide 1.73If the stake is $100, the scenarios will be as under:* If you take Sydney and win, your payout will be $250 (profit will be $150)* If you take Sydney and lose, you will lose $100* If you take Adelaide and win, your payout will be $173 (profit will be $73)* If you take Adelaide and lose, you will lose $100US Odds (Moneyline)US odds are expressed in positive (+) and negative (-) figures. Positivefigures show the amount you would win for a $100 stake. Negative figuresshow how much you need to stake to win $100.Sydney +150 (level handicap) Adelaide -137If the stake is $100, the scenarios will be as under:* If you take Sydney and win, your profit will be $150* If you take Sydney and lose, you will lose $100* If you take Adelaide and win, your profit will be $100* If you take Adelaide and lose, you will lose $137Malaysian OddsThe Malaysian odds are also in positive and negative figures. Positivefigures show the amount you would win for a $100 stake. Negative figuresshow how much you would lose to win $100.Sydney -0.67 (level handicap) Adelaide +0.73If the stake is $100, the scenarios will be as under:* If you take Sydney and win, your profit will be $100* If you take Sydney and lose, you will lose $67* If you take Adelaide and win, your profit will be $73* If you take Adelaide and lose, you will lose $100
  • 4. Indonesian OddsIndonesian odds are like US odds, just divided by 100.Sydney +1.50 (level handicap) Adelaide -1.37If the stake is $100, the scenarios will be as under:* If you take Sydney and win, your profit will be $150* If you take Sydney and lose, you will lose $100* If you take Adelaide and win, your profit will be $100* If you take Adelaide and lose, you will lose $137Hong Kong OddsHK odds x Your stake = your profit.Sydney 1.50 (level handicap) Adelaide 0.73If the stake is $100, the scenarios will be as under:* If you take Sydney and win, your profit will be $150* If you take Sydney and lose, you will lose $100* If you take Adelaide and win, your profit will be $73* If you take Adelaide and lose, you will lose $100ConclusionThe various types of odds formats do appear confusing at first. It is just amatter of getting used to one that you are most comfortable with to enableyou to make timely money making decisive bets in your live bettingbusiness.
  • 5. Do you wantto crack the soccer live betting market and make the big bucks with 10winning strategies? Be sure to claim a free copy of the Midweek Strategy byvisiting http://fooballbetz.blogspot.com/