Football Betting Odds – Understanding How to Use American Odds at Bookmakers
For those who are passionate about online football betting, understanding key terminology is essential to ensuring a smooth and successful football prediction expert betting experience. Among the most basic but crucial concepts in football betting is the Odds, which directly impacts how bets are placed and how winnings are calculated.
Depending on the type of bet selected by the player, odds can appear in several different formats: Asian Odds, European Odds, American Odds, Malay Odds, and Indonesian Odds. In this article, will focus specifically on how to read and use American Odds (US Odds) in football betting.
1. Betting Is a Unique Form of Addiction
Everyone knows that drugs like heroin or ecstasy are highly addictive and dangerous substances. However, few people realize that football betting can also become an addiction, one that is no less destructive than heroin itself.
Numerous scientific studies have shown that football betting affects the human nervous system in ways football prediction octopus similar to stimulants or addictive substances. Winning a bet gives players a euphoric feeling, almost like a drug-induced high—causing intense excitement and bliss that can last for a long time.
On the flip side, losing a bet can plunge players into deep sadness, depression, and even panic—resembling the state of a drug addict deprived of their fix. In some extreme cases, people have even committed suicide after losing a football bet.
What makes football betting especially dangerous is its strong connection to passion. Most people who bet on football are die-hard fans of the sport. According to many studies, this emotional bond is what makes football betting even more difficult to quit than other forms of gambling. Therefore, the best solution is to stay far away from this dangerous form of betting before it takes control of your life.
2. What Is Betting?
Betting refers to the act of sure football prediction site staking money or other assets on the outcome of an event that is about to happen, is happening, or has not yet concluded. In simpler terms, it is a wager placed on the final result of a sports match or another type of competition.
Betting is usually highly organized and operates on a large scale, often involving many participants through an intermediary or organizer. This central figure sets the rules, accepts bets, and handles payouts based on the agreed conditions. Regardless of how it is carried out, all betting activities are considered a form of gambling. According to the law, organizing or participating in betting—under any form—is a criminal offense and must be dealt with under legal regulations.
What Are Football Betting Odds?
Odds refer to the rate or multiplier that determines how much you can win from a bet. Different formats are available depending on the bookmaker and region. At popular online sportsbooks like 188bet, players usually encounter five main types of odds:
Asian Odds
European Odds
American Odds (US Odds)
Malay Odds
Indonesian Odds
These odds are not fixed and will continuously fluctuate throughout the duration of a match. This allows bettors to choose a suitable time to place their bets for the best possible return.
Understanding American Odds (US Odds)
In the Asian betting market, players are generally more familiar with formats like Malay Odds, Indo Odds, or Hong Kong Odds. These formats are widely used in most matches and offer flexible payout options based on the odds offered. However, American Odds (also called US Odds) are still relatively new for many beginners, even though they are a popular standard in markets like the United States.
American Odds are typically derived from Hong Kong Odds, using a simple formula depending on whether the Hong Kong value is above or below 1.00.
How to Convert Hong Kong Odds to American Odds:
If the Hong Kong Odds are less than 1.00, the formula for American Odds is:US Odds = -1 / (HK Odds)For example, if HK Odds = 0.78, thenUS Odds = -1 / 0.78 = -1.28
This means that if you place a bet on this line, the odds are negative, indicating how much you must stake to win 100 units of profit.
Phases of Odds During a Match:
In football betting, odds typically go through three main phases during a match:
Open Odds – The odds when the market is first released
Live Odds – Odds adjusted in real-time as the match progresses
Running Odds – Odds available for in-play betting
Examples of American Odds Calculation:
Let’s break it down further using real examples based on whether the HK Odds are greater or less than 1.00.
Case 1: Hong Kong Odds < 1.00
Suppose the HK Odds are 0.88
Then, US Odds = -1 / 0.88 = -1.14
If a player bets 100k on this line:
If the bet wins, the profit is: 100k x 0.88 = 88k
If the bet loses, the player loses: 100k x 1.13 = 113k
Case 2: Hong Kong Odds > 1.00
Suppose the HK Odds are 1.20
Then, US Odds will be positive, calculated as:US Odds = 1.20 x 100 = +120
If a player bets 100k:
If the bet wins, the player receives: 100k x 1.20 = 120k
If the bet loses, the player loses the 100k stake
Final Thoughts
Overall, American Odds are quite simple and easy to understand. Once players become familiar with the conversion and structure, placing bets using US Odds becomes second nature.
In addition, Thethao88 continues to offer in-depth insights into football betting strategies, including the latest odds and valuable tips available through 188bet. Be sure to visit regularly to stay updated and improve your betting knowledge.