Soccer Betting: Guide To Soccer Bets And Odds
Many sports have dedicated fans all over the world. But when it comes to soccer, the number of people who claim to be soccer fansis at a staggering 3.5 billion as estimated by FIFA. This sport can put cities to a halt when it comes to major matches. Even people who cannot watch onsite stay glued to their television screens until the end.
There are many reasons why this sport continues to be popular aside from the entertainment that comes with teams competing against each other. But aside from watching matches, many sports fans enjoy betting on soccer by trusting reputable Singapore online sports betting sites.
Some bet they find it fun to put their sports knowledge to the test or because they want to level up their experience. However, for others with the primary intention of gaining profit through sports betting, they must fully understand how soccer betting works. It includes learning about the different types of wagers and how to read odds like sg pools soccer odds.
The types of soccer bets that punters must know are:
- 1X2/Moneyline/Three-Way Moneyline
- Draw No Bet
- Double Chance
- Half-Time/Full-Time Result
- Over/Under Goals Market
- First Goalscorer Betting
- Parlay Bet
Aside from such types of bets, bettors must also know how to read soccer odds. Bookmakers display their odds in either American, Decimal, or Fraction formats. The odds format depends on which country a bookmaker is offering their services in.
American odds is the default betting format for sports in the United States. This format presents odds with negative (-) and positive (+) signs indicating the favorite and the underdog.
The Decimal odds is the commonly used format in countries such as Canada, Europe, Malaysia, and Singapore. To calculate profit under this format, punters have to multiply their wager by the odds associated with their preferred team, and then, subtract their bet amount.
The third odds format which is the Fractional is the standard betting format option in the United Kingdom. Bookmakers write odds under this format using a slash or dash to connect two numbers.
Learn more about soccer by reading this infographic from 88ProAsia.