Football

by Mauricio Peñaranda

Fixed Odds Football Betting: Different Betting Odds

Two terms that come within the realm of sports betting and that are often used by online betting sites are fixed odds and floating odds. Floating odds can be illustrated with Point Spread where the result of your bet depends on the performance of a particular team against the spread. In floating odds, the amount of money that you earn is same irrespective of whether your favorite or underdog wins. However in Fixed odds football betting, you risk less in order to win more by betting on the underdog. However, if you bet on your favorite team, you risk more in order to win less. This form of betting is one of the most conventional types of betting done in Great Britain. Fixed odds football betting is placed against the bookie where the odds are set when you place your wager. Mostly the odds remain fixed. However, recently there has been an expansion in the category of fixed odd football betting to include starting price bets. With starting price bets, the final odds are not set until the match begins.

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Fixed odds football betting is generally quoted in one of three ways given below:

Fixed football betting odds quoted in the decimal form generally consist of expressing the total winning amount that would be paid out to the bettor. Decimal method of displaying fixed soccer betting odds can best be explained with the help of an example given below. Say, for instance, on a wager of $ 1, in order to win of the sports book money, it implies that, you will get a total of $ 4 on winning a bet. Thus, the decimal odds would quote the odds of the bet as 4.00.

Decimal methods of displaying fixed soccer betting odds are favored mostly in continental Europe, Australia, and Canada.

Fractional method of displaying fixed odds football betting are very simple and can easily be understood even by novice punters. This basically consists of the ratio of money wagered by the sports book compared to the money wagered. For instance, if we consider the same bet in the above given example where in order to win , you wager , the fractional odds would be quoted as 3/1.Fractional methods of displaying fixed odds football betting are commonly used in the United Kingdom.

This method of quoting fixed soccer betting odds are mostly favored mostly by the Americans and this is the reason why, it is also known as American odds. Initially, these odds appear to be somewhat tricky but once you get a grip of what you are looking at, they are easy to use. Money line method of displaying fixed soccer betting odds express the amount the bettor will win on a 0 bet or the amount, they must wager in order to win 0.If we consider the above given examples of betting in order to win, the odds would be quoted as +300. However, if the gambler is required to wager in order to win , the odds would be displayed as -300 as now, the bettor has to wager 0 in order to win 0.

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