What is Bookmaker Odds? Expert Tips for Winning Bookmaker Bets
Bookmaker odds are a crucial concept that every professional football bettor must understand. Without grasping bookmaker odds, making informed betting choices in football betting can be challenging.
To help players increase their chances of winning, win tips experts reveal some effective odds analysis secrets below.
What Are Bookmaker Odds?
Bookmaker odds refer to the betting rates set by bookmakers for each match, allowing players to place their bets accordingly. Bookmakers do not force players to choose any particular bet, but they have strategies to guide players toward pre-determined betting options.
Without understanding how to read the odds, bettors can easily fall into bookmaker traps and lose money unnecessarily. A match at the M88 best bookmaker offers numerous betting options, such as European odds, Asian handicap odds, Over/Under odds, and first-half bets.
By choosing M88, players get access to the best odds tables, with minimal fluctuations from the moment the odds are set until the match ends. Moreover, a reputable bookmaker like M88 does not frequently introduce misleading odds or "bait bets" to trap players.
Factors Influencing Bookmaker Odds
Bookmaker odds are determined based on factors that affect the match outcome, including subjective and objective factors impacting the participating teams:
Team Strength
Current Form of Each Team
Squad Lineup, Injuries, etc.
Weather Conditions and Playing Environment
Home vs. Away Team, Fan Influence
Match Goals (e.g., promotion, relegation survival, etc.)
Public Betting Trends for the Match
Bookmaker Objectives
After analyzing all influencing factors, bookmakers establish odds that balance these variables. Essentially, bookmakers act as intermediaries between bettors, profiting from the losers and paying out to the winners while still maintaining a margin.
If one betting option attracts more players, the bookmaker adjusts the odds table to restore balance.
Understanding Bookmaker Betting Odds
To place precise and profitable bets, players must thoroughly understand bookmaker odds. Each match has a unique set of odds determined by the bookmaker, varying in types of bets, wager amounts, and payout odds. Players can choose from nearly all major international football leagues.
Below are some of the most popular bookmaker odds in football betting:
European Odds (1X2)
European odds, also known as 1X2 betting, is one of the three most popular types of bets, alongside Asian handicap odds and Over/Under odds. Players simply bet on whether their selected team will win, lose, or draw in a match or a specific half.
European Odds Symbols:
"1" – The home team wins
"X" – The match ends in a draw
"2" – The away team wins
"FT" – Full-time bet
"1H" – First-half bet
This bet type is suitable for beginners as it has a straightforward calculation method, clear odds, and does not require concern over the match score—only the final result.
Asian Handicap Odds
Asian Handicap odds determine which team is stronger or weaker, with the stronger team giving a goal advantage to the weaker team for balance. This type of bet calculates results based on the total number of goals, including the given handicap.
Common Types of Asian Handicap Bets:
Draw Bet (0 Handicap): No goal advantage; the bet is settled based on the actual match result.
Level Ball (0 Handicap): No advantage; the bet results in a full win or full loss.
Half Ball Handicap (0.25, 0.5, etc.): No draw outcome; calculated with the given handicap goals.
Full Ball Handicap (1, 2 goals, etc.): Results are determined by adding the handicap goals to the actual score.
Over/Under (Totals) Betting
In Over/Under betting, the bookmaker sets a threshold, and players bet on whether the total match goals will be higher or lower than that number.
Over (Tài): The total goals exceed the set number.
Under (Xỉu): The total goals are below the set number.
Common Over/Under Bets:
Over/Under 1.5 Goals:
Over wins if the total goals exceed 1.5 (i.e., at least 2 goals).
The bookmaker determines the outcome and settles the bets immediately after the match.
Corner Kick Betting
A corner kick bet follows an Over/Under format, calculating the total number of corner kicks and comparing it to the bookmaker's threshold.
Common Corner Kick Bets:
First Corner Kick
Next Corner Kick
Last Corner Kick
Total Corner Kicks in a Match
Even/Odd Corner Kick Betting
Players must closely follow the match's progress rather than just the final score.
Expert Tips for Winning Bookmaker Bets
Choose the Right Bet
Understanding different types of bets allows players to select the best option for each match.
European Odds: Only three choices—win, lose, or draw.
Asian Handicap: More fairness and betting opportunities.
Penalty Bet: Only available if a match goes to penalty shootouts.
Analyzing team data and match statistics helps players make informed choices.
Optimal Betting Timing
Placing bets right before the match starts is best, as the most accurate odds are available after all match details are updated.
Bookmaker odds update every 3 seconds. Experienced players avoid making last-minute changes, as constant adjustments can lead to confusion and losses.
Beware of "Bait Bets"
"Bait Bets" are attractive odds offered by bookmakers to lure bettors into unfavorable wagers.
Such bets typically have high payout odds to tempt players.
To avoid traps, always analyze odds carefully, refer to trusted sources, and sometimes go against the crowd if confident in your analysis.
Conclusion
This guide has covered bookmaker odds and how bookmakers set odds for each match. We hope this information helps you increase your betting success at M88!