European odds are considered easy to play, easy to understand and less risky than other types of odds such as Asian or over/under. So what are European odds? Let’s follow the article below of MILYON88 bookmaker to find out!
What is European handicap?
This is a very popular 1X2 bet and is often seen on the bookmaker’s odds board. The betting method of this type is extremely simple, players just need to bet on 1 of 3 doors:
- Door 1: If you predict the home team to win, bet on this door.
- Door 2: If you predict the away team to win, bet on this door.
- Door X: If you predict a draw between the two teams, bet on this door.
Illustration
Calculating bonuses and losses in European odds is quite simple, you just need to apply the bonus formula = Capital invested x Winning odds. If you lose, you will lose all the capital you have placed. To help everyone better understand how to calculate money when placing European bets, we will give an illustrative example as follows:
In the U20 New South Wales Championship, Australia, there is a match between Wollongong Wolves FC U20 vs Sutherland Sharks U20. At this time, the bookmaker sets the European odds as follows:
- Home team – Wollongong Wolves FC U20: 2.32
- Away Team – Sutherland Sharks U20: 2.18
- Draw: 3.90
Suppose you bet 1000.00 PHP, the following cases will occur:
If you bet on Wollongong Wolves FC U20 and the team wins, you will receive a bonus of 1000.00 PHP x 2.32 = 2320.00 PHP.
If you bet on Sutherland Sharks U20 and the team wins, you will receive a bonus of 1000.00 PHP x 2.18 = 2180.00 PHP.
If you bet on a draw and the result is a draw, you will receive a bonus of 1000.00 PHP x 3.90 = 3900.00 PHP.
Super accurate European football betting experience
You want to check the odds but don’t know how to do it correctly? Then refer to the experiences below!
Analyze European odds before betting
The odds in 1X2 are always changing based on many factors, making it difficult to place accurate bets. However, by analyzing the odds effectively, you can increase your chances of winning. The analysis method is as follows:
- Note the initial odds: When the bookmaker has just given the odds, take note of them immediately. At the same time, compare these odds with your experience and assessment of the two competing teams.
- Monitor European odds Movement: Watch how odds change during the pre-match period. Watch for large and persistent fluctuations, which may be a sign that the outcome of the match is difficult to predict.
- Apply the right strategy: If you see the payout ratio matches your initial prediction, it is a good time to place a bet. If the payout ratio fluctuates strongly, be cautious and avoid placing bets if you are a new player. At the same time, combine the payout ratio analysis with other factors such as team performance, match history, etc. to make an informed decision.
Assess the actual situation of the two teams
To increase the chances of winning, carefully assessing the situation of the two teams is an extremely important step that bettors should not ignore. Some factors when assessing that players need to pay attention to are as follows:
- Form: Consider the form of the two teams in the last 5 matches: Wins, losses, draws as well as evaluate the stability and ability to maintain form of each team.
- Team lineup: Find out the team lineup of both teams such as key players, injured players, cards, etc. to determine which side has a stronger and more complete lineup.
Read more: Popular football betting tips that you can’t miss
Calculate appropriate bets to maximize profits
Even for experienced bettors, it is impossible to guarantee a 100% win in every match. Therefore, proper capital management plays a key role in maximizing profits and minimizing the risk of loss.
A popular and highly effective betting method is martingale. This strategy works on the principle of doubling the bet amount for each subsequent game if you lose the previous game. Thanks to that, with just one win, you can recover all the lost bets and earn a significant profit.
Above are all the answers to players’ questions about what European odds are. Hopefully, through the answers from MILYON88, you have learned how to get bonuses when winning bets and learned more useful betting tips for yourself. Wish you will quickly win!
