When participating in football betting at bookmakers, you will undoubtedly come across the term "Odds Running." For someone new to sports betting, you might wonder, "What is Odds Running?" and "How can I analyze Odds Running?" In this article, wintips will provide you with a thorough explanation and a method to analyze this particular type of odds.
What is Odds Running?
Odds Running, also known as Asian Handicap or handicap betting, is a commonly used concept in football betting. This term refers to the odds that bookmakers offer before the official start of a match, indicating the payout ratio if the player wins. In essence, Odds Running is similar to regular odds, with the difference being that Odds Running is provided before the match begins.
Players can analyze and place bets on Odds Running while the match is in progress. This allows players to comfortably choose the amount they wish to bet, which will be settled by the bookmaker after the match ends. With the presence of Odds Running, players can limit their losses and disadvantages, making it easier to secure a win if they use this type of odds wisely.
Guide to Analyzing Odds Running
Currently, bookmakers provide five different types of Odds Running: Asian, European, Hong Kong, Indonesian, and Malaysian odds. Here is how you can analyze each type:
European Odds (Decimal Odds):
European odds display the betting amount as well as the potential winnings on the betting board. The formula to calculate the winnings is as follows: Winnings = Bet Amount x European Odds. For example, if a player places a bet of $200 with odds of 1.5, in case of winning, the player will receive $200 x 1.5 = $300. However, if the player loses, they will lose the entire betting amount.
Hong Kong Odds:
With Hong Kong odds, players will only see the potential winnings, not the betting amount. The value is formatted as greater than 0.0, and the formula is as follows: Winnings = Bet Amount + (Bet Amount x Hong Kong Odds). For instance, if you place a bet of $200 with odds of 1.5, in case of winning, your total winnings will be $200 + (200 x 1.5) = $500.
These are the main methods to analyze Odds Running. It's essential to familiarize yourself with these odds and understand their implications before placing your bets. Good luck with your football betting endeavors!
Odds Malay (MY Odds):
MY Odds have a similar format to European odds, displaying both the betting amount and the potential winnings. However, the difference in analyzing Odds Running lies in the display of both positive and negative numbers. Therefore, there are two cases to calculate the odds:
In the case of positive odds: Winnings = Bet Amount + (Bet Amount x Odds Malay).
In the case of negative odds:
Winnings are calculated as follows: (Bet Amount x Odds Malay) + (Bet Amount x 1.00).
In case of losing the bet, you will receive back the betting amount: Bet Amount + (Bet Amount x Odds Malay).
Odds Indo (Indo Odds):
Indo odds also display both positive and negative numbers, but only from 1.00 onwards. The formula for calculating winnings is the same as the Malay odds formula.
US Odds:
US odds are derived from Hong Kong odds. There are two specific cases:
If Hong Kong odds > 1.00: Winnings = Bet Amount x Hong Kong Odds.
If Hong Kong odds < 1.00: US odds are calculated as follows: -1/Hong Kong odds.
For example, if the Hong Kong odds are 0.7, the US odds would be -1/0.7 = -1.42. If you place a bet of $200 on the match, the winnings would be 200 x 0.7 = $140. However, in case of losing the bet, the loss would be 200 x 1.42 = $284.
Important Considerations When Analyzing Odds Running:
Experienced bettors in the world of football betting always have their own methods of analyzing odds running. They often summarize and draw valuable experiences after each setback. Here are some things players should keep in mind:
Maintain a calm and rational mindset after each winning or losing bet, avoiding frustration in case of losses.
Limit big bets, all-ins, or going all-in to avoid unnecessary risks that may occur after each bet.
Seek relevant information about the match and analyze it carefully to make informed decisions.
Refer to insights and tips from experienced bettors to gain valuable tricks and lessons for yourself.
Conclusion:
With the information shared above, we have provided you with the most accurate method to analyze Odds Running. This type of odds is highly regarded for its ability to minimize risks for players. However, to secure victories, it's crucial to carefully consider and evaluate before placing your bets.
