How Soccer FB88 Betting Odds Work? Learn it now!
Soccer odds is the most basic concept that you should know when playing soccer betting. Players can participate in this form of betting with many different types. However, many people are still confused about how Odds work and how to calculate Odds in the match. Let`s read the analysis and instructions of FB88 experts.
What are soccer odds on FB88 Online?
Odds means the payout ratio that each player receives when placing a bet and winning at the wagered match on fb88.com
now. Odds in the match are given by the bookies in many different formats. From there, players can choose for themselves any type of bet to be paid when placing a bet.
In theory Soccer Odds are like that. To be able to bet successfully, you must rely on the live playing situation and your own experience and judgment. These types of changes in the Odds ratio always happen frequently. You must really have analytical experience to increase your win rate.
There are two ways of displaying odds: decimal ratio (e.g. 0.1, 0.2, 0.5, 0.8,etc) and fractional ratio (e.g. 9/1, 4/1, 1/1, 1/4) ,etc). Most of the betting tables of the bookies today choose to display a simple decimal number.
How Soccer Odds Work on FB88 Soccer Betting
Odds Malay – MY Odds
Is the displayed ratio including the player`s stake and winnings. The format of Malay Odds Odds will have two cases as both negative and positive numbers.
● If you calculate money by positive numbers, you will apply the following formula: Your Money = Bet + (Bet x Malay Odds). If you lose, you will lose your entire bet.
For example: If you bet 100$ on a bet with a Malay Odds ratio of 0.98, after winning the bet, the house will pay you 100 + (100 x 0.98) = $198.
● If you calculate a negative number, you will use the formula: Your Money = (Bet X Malay Odds) + (Bet X 1.00) in case of winning. If you lose, apply the formula Your Money = Bet + (Bet X Odds Malay) to get a refund.
For example: If you put $100 on a bet with MY Odds of -0.85, then:
If you win the bet the amount you will be paid by the house is: |100 x (-0.85)| + 100 = $185. Conversely, if you lose your bet, the amount you lose = |100 x -0.85| = 85$.
Odds Indo – Indo Odds
Odds Indo rate is derived from the Hong Kong Odds rate. If Hong Kong odds are greater than 1.00 then Indo odds will be set the same as HK Odds.
The method of calculating Odds Indo is also divided into 2 cases of negative and positive numbers.
● For positive numbers if you win then you will calculate as follows: Your Money= Bet + (Bet X Odds). In case you lose, you lose your entire bet.
● For negative numbers: if you win you will use the formula Payout = Bet + (Bet / Odds). When you lose your bet, a refund will be calculated using Your Money = Bet X Odds.
Odds Hong Kong – HK Odds
The Hong Kong Odds Rate is based on the European Odds Odds. However, the display is more different. Odds Hong Kong only includes player winnings. The format of the Hong Kong Odds Odds has a value greater than 0.00.
Winnings are calculated using the formula Your money = Bet + (bet x Hong Kong Odds).
European Odds – Decimal Odds
The European Odds odds have the following basic features: The house player`s stakes and winnings will be displayed with the European Odds rate. This ratio is always greater than 1.00.
Winnings will be calculated according to the formula: Return = bet x European Odds rate.
The European Odds rate will be applied to all types of bets such as 1×2, exact score bets, parlays, etc.
The US Odds rate will be based on the Hong Kong rate to calculate the following:
If the Hong Kong odds are less than 1.00, the American odds will be calculated according to the formula [-1/Hong Kong odds = -1/0.78 = -1.28] if the Odds are 0.78 < 1.00 . In 1 match, there will be 3 main stages of Odds which are:
● Stage 1 is Open odds
● Stage 2 is Live Odd
● Stage 3 is Running Odd
This article has been compiled by a FB88 sports expert FB688pro.com on the main types of soccer odds
that players need to understand when betting on soccer. Understanding and applying odds will help players make better judgments when participating in betting.