Asian Handicap: This type of bet brings in millions for many football bettors
European Handicap, also known as Odds, is a popular form of football betting in Europe, thanks to its easily understandable odds reading. This type of bet originated from the old continent and has become widely popular and chosen to this day. Below, Wintips will provide some essential information about this type of bet for you.
What is the European Handicap?
The European Handicap, known in English as Odds in sports betting, is a highly popular form of wagering in Europe due to its simple and understandable odds reading. The 1×2 symbol, which represents the European handicap, is easily noticeable when looking at the bookmaker's odds board.
Thanks to its straightforward betting rules and a winning rate of up to 33.3%, the Odds handicap is preferred in many countries over Asian Handicap or Over/Under bets. When placing bets with this type, players only need to consider which team is stronger than the other and bet on the winning team. Additionally, players can also bet on the match ending in a draw.
How to read the European Handicap/Odds to always win
In this article, you will be guided on how to read the European Handicap odds to maximize your chances of winning bets and bring home the highest possible rewards. Before delving into the steps of reading the football odds analysis, we will first explore some symbols associated with this type of bet to gain a better understanding of them.
Understanding the odds symbols
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Formula for calculating the 1×2 odds
The payout for European Handicap is calculated using the following formula:
Net winnings = Bet amount X Odds
To avoid being deceived by the bookmaker, it's essential to understand how the payout for European Handicap bets is calculated. Here's a more specific example to help you grasp the calculation for this type of bet:
For instance, two teams, France and Wales, are playing, with France being the home team and Wales as the away team, and the odds are 1.43. Your bet amount is 100,000 VND, and you place a bet on France to win.
There are two possible scenarios for this bet:
Scenario 1: If France wins, your net winnings would be 100,000 X 1.43.
Scenario 2: If France loses, you would lose your 100,000 VND bet.
Characteristics of European Handicap and Asian Handicap
European Handicap and Asian Handicap are currently the two most popular types of bets, often featured on the odds boards by bookmakers. But have you truly distinguished the differences between them? Below are the similarities and differences between the two types of bets. Take a look and choose the one that suits your preferences.
Differences:
European Handicap:
1×2 odds symbol
Only 3 betting options: Win – Draw – Lose
Easy to place bets
Lower probability of winning bets (33.3%)
Higher winning odds
Only need to pay attention to the match result
Asian Handicap
HDP odds symbol
Up to 9 betting options for more choices
Need to thoroughly understand betting information
Higher probability of winning bets (50%)
Lower winning odds
Includes handicap odds provided by the bookmaker
Besides the match result, consider team strength, current form, ranking position, match characteristics, etc.
Strengths and weaknesses of European Handicap/Odds
After distinguishing the differences between European Handicap and Asian Handicap, we can easily see that one type of bet has some advantages over the other, but this form of football betting also has its limitations. Let's go through some strengths and weaknesses of this type of bet below.
Strengths
The first strength of European Handicap is the simplicity of betting rules. Thanks to the fact that the bets are only related to three outcomes of a match: soccer win tips, draw, and lose, this betting format is quite popular among newcomers to sports betting.
The second strength is the higher winning odds when you bet according to this format, as there are only three betting options.
Weaknesses
The first weakness is that while it's relatively easy to place bets in this format, you need to equip yourself with a considerable amount of knowledge about the teams, such as head-to-head history, recent performance, comparison of team strength, etc.
The next weakness of Odds is that due to having only three betting options, you don't have as many desired betting choices. This can sometimes be frustrating for bettors or those accustomed to the numerous betting options offered by Asian Handicap.
The final disadvantage is that even though the winning odds are high, the probability of winning bets is not as high as in Asian Handicap.
Tips for winning the 1×2 odds
Whether you choose to participate in betting or any type of odds, it's essential to equip yourself with some pocket strategies for winning. The rest of this article will suggest 5 strategies for winning European Handicap bets. These five strategies include: understanding the correlation of strength between the two competing teams, not following the crowd mentality, thoroughly researching the head-to-head history of the teams, stopping at the right time when facing consecutive losses, and most importantly, knowing how to manage your capital tightly and with the utmost discipline. For additional insights and hot betting tips, consider incorporating expert advice into your betting strategy.
Understand the correlation of strength between the two teams
To place accurate bets and secure your winnings, you should understand the correlation of strength between the two teams. This means you need to clearly identify which team is stronger and which is weaker in their matchup.
In addition to analyzing their recent performance, when researching the correlation of strength between two teams, you should also consider the overall quality of the teams. This should only be a secondary factor to consider, as a team of higher quality may not necessarily have the best form on the day of the match. Based on experience, bet on the team you believe is in top form at the time of your bet, after careful and thorough analysis.
Don't follow the crowd
Based on the experience of seasoned bettors, it is absolutely essential not to follow the crowd when placing bets. The reason is that bookmakers set odds based on the amount of money placed on a particular outcome. Therefore, the more people betting on the same outcome, the lower the probability of winning, and the more likely you are to lose if you follow the crowd.
Make sure you thoroughly research the number of people betting on the outcome you are considering before placing your bet. Bookmakers often provide significant odds differentials to attract bettors to the same outcome. So, don't be overly anxious or worried. If you bet against the odds, the crucial thing is that all your decisions are well-founded.
Carefully observe the historical head-to-head record of the two teams
In addition to the factors mentioned above, you should also research the head-to-head history of the two teams from the past to the present. How many times have the two teams played against each other, who won more in those matchups, and why they won (due to free kicks, penalty shootouts, etc.). This is also a crucial factor to provide additional knowledge, helping you place more accurate bets and increasing your chances of winning.
Know when to stop
For any form of betting, you should know how to control yourself and stop at the right time. Some people may have the mentality to recover from previous losses and continue betting, which is extremely dangerous. Therefore, the advice when you keep losing is to stop and study the teams more thoroughly, creating your own strategy.
Once you have regained composure and have a clear betting strategy, you can confidently continue placing bets.
Strictly manage your budget
The final and most crucial factor, as evaluated by experienced bettors, is effective management of the initial financial capital. Regardless of the betting format, good financial management is essential. The advice for you is to divide your money into three parts: initial capital, winnings, and a reserve fund.
Furthermore, you should also allocate your betting amount for each play. Clearly determine how much money you will invest and bet for each play. This is a secret that helps you avoid putting all your money into one bet and ending up with a loss. Since bookmakers understand the psychology of the majority of players putting money into the same bet, it is important to stay calm and disciplined.
You should maintain a strong mindset and stay alert while playing. Do not invest too much money in a single bet, and avoid playing too many bets on the same day. The main reason is that placing an accurate bet with a high chance of winning requires a lot of effort. If you bet on too many plays in a day, it will make you tired and stressed, leading to incorrect decisions.
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Conclusion
Above are all the necessary information about European Handicap, from how to read odds most accurately to the strategies to win the game. Hopefully, after reading this, you have gained a comprehensive yet detailed insight into European Handicap. Start placing your bets today!