What are Bookmaker Odds? Detailed Guide to Reading Odds at NO1JL

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For seasoned players, the concept of bookmaker odds is not unfamiliar. However, for some newcomers, it might still be quite new. In the article below, NO1JL will provide detailed information related to this term.

What are Bookmaker Odds?
Bookmaker Odds – Detailed Guide to Reading Odds at NO1JL

What are Bookmaker Odds?

Bookmaker odds are simply specific parameters provided by the bookmaker. They usually appear on the odds board. Each bookmaker will have different odds tables. These odds are often researched and provided by experienced football analysts. Through data, players can easily choose the best betting strategy with the highest probability of winning.

What are Bookmaker Odds?
What are Bookmaker Odds?

Also known as online football odds, understanding the bookmaker’s odds is essential for experiencing betting. NO1JL offers various types of odds to serve players during the betting process.

Typically, bookmaker odds are divided by countries and regions around the world. Specifically:

  • In Europe and America, European odds are used.
  • In the Philippines and Asian countries, Asian odds are used.

Besides these two main types, there is also the Over/Under (O/U) odds for players to experience. NO1JL also offers many side bets to increase the excitement and thrill of the game. Examples include who kicks off first or corner bets.

What is a Bookmaker?

A bookmaker is a business entity specializing in providing online products. Notably, this includes football betting and casino bets. Additionally, bookmaker odds for football matches are a type of wager that many players are interested in.

A business entity specializing in providing online products
A business entity specializing in providing online products

Based on the information provided by the bookmaker, players can easily find attractive odds and earn massive amounts by winning bets. The bookmaker regularly updates players with news about sports events both domestically and globally, from small to large tournaments, allowing players to choose bets freely.

How to Read Bookmaker Odds

Handicap odds are a type of Asian odds. This type is considered relatively complex. Therefore, new players must equip themselves with basic knowledge to get closer to winning.

Bookmaker Odds – Draw No Bet

Draw No Bet is also known as a level ball bet. When participating, players bet on the team they predict will win. If guessed correctly, the player wins the bet and receives a large sum according to the pre-established rules. Conversely, if the prediction is wrong, the player loses the entire bet. If the match ends in a draw, the bet is refunded to all members.

Bookmaker Odds – Draw No Bet
Bookmaker Odds – Draw No Bet

Reading ¼ Odds

The ¼ or 0.25 odds mean that no matter which team wins, the bettor wins the bet. However, if the match result is a draw, the player betting on the favorite team loses half the stake, while those betting on the underdog receive half the payout.

Reading ½ Odds

Known as 0.5 odds, in this bet, the favorite gives the underdog a ½ goal handicap. If the match ends with a win for either team, it means winning the bet. If the match is a draw, the underdog wins the payout.

Reading ¾ Odds

The ¾ or 0.75 odds are similar to 0.5 odds. The main difference is that in ¾ odds, the favorite gives the underdog a ¾ goal handicap. If the favorite wins the match by a two-goal difference or more, they win the bet. If they win by only one goal, the player receives only half the payout.

Reading 1 Goal Handicap

A 1 goal handicap means the favorite gives the underdog a one-goal advantage. Therefore, if the favorite wins by two goals or more, they win the bet. Conversely, if they win by less than two goals, they lose the bet. In this case, the underdog wins. If the match ends in a draw, the underdog wins the bet.

Conclusion

The entire article above, NO1JL has shared detailed insights into bookmaker odds. We hope that through this information, players will learn more about the various types of odds. Consequently, participate in betting and receive significant rewards for themselves. Visit the official NO1JL website to experience betting now!

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