Decoding the bookmaker’s odds is important for players before they research, analyze, and evaluate before making a betting decision. It is a simple step, but not every player knows how to do it correctly.
How to understand and decode bookmaker odds correctly?
The bookmaker always launches a betting table with a variety of bets in a match, giving players many options. Decoding the bookmaker’s odds is known as the step where members research, analyze and evaluate each rate.
From there, you will have a better understanding of the situation of the two teams, choose a good bet level, and increase your chances of winning. The variety of information exploited as well as the chance of winning also depends on how it is used. The reason bettors need to cultivate and improve their skills to make the right decisions.
Reasons to be careful when decoding bookmaker odds
There is no mandatory rule but decoding football odds has become a habit in every player. You get a lot of benefits from this basic research operation.
Avoid the pitfalls of online venues
The situation of luring players in the wrong direction is no longer strange to the betting community, especially at small, unreliable bookmakers. This helps them receive a large profit from the bettors themselves.
However, only when you are too subjective and make mistakes, if you decode the bookmaker’s odds, this situation will be limited. Players can easily recognize the bait odds and stay away, but the important thing is that members need to choose a reputable entertainment venue to minimize the risk and encounter this situation.
Offers easy winning opportunities
Not only entertainment but the purpose of members participating in football betting is also extremely valuable rewards. The reason most members are looking for their own way to create opportunities for themselves and decoding the bookmaker’s odds is one of them.
Because we have an accurate view of the odds being released, we can compare and choose the best bet. Not only compare the odds table, but also compare between online football prediction sites.
Make accurate football predictions
Each rate offered by the bookmaker is carefully evaluated by a team of leading experts based on the review of the situation of the two teams. Decoding the bookmaker’s odds, members partly understand why the parameters appear, have a different view of the upcoming match situation. The basis for assessing and predicting the developments and results after 90 minutes of play.
Revealing the ultimate method of decoding bookmaker odds
With the above reasons, it is not surprising that decoding football odds is a hot topic and always has a huge number of searches. Below are the methods that we have compiled after a long time.
Quantitative analysis
To apply quantitative bookmaker odds decoding, players need to accurately collect statistics related to the match. Specifically: Ranking on the table, previous head-to-head matches, number of goals scored, results when playing away/home…
This method is quite simple, with high accuracy when built on a scientific foundation. What members need to do is to research and summarize the numbers, but they should not be too subjective because football always contains surprises and it is difficult to be 100% sure.
Qualitative analysis
Qualitative and quantitative methods can be said to be two completely opposite methods but complement each other perfectly when decoding bookmaker odds. Instead of statistics, players need to learn about the performance, squad, player psychology, desire to win, internal situation…
For example, if a team is considered to be stronger based on quantitative data, but when qualitative research is conducted, a key player is injured and cannot play. The advantage is greatly reduced, affecting the playing style and performance.
Read more : European Odds – Learn and How to Read Odds Effectively
Based on system scaling
Online bookmakers have the right to change the odds without notifying members and that is why you need to monitor the table continuously. Normally, the system always provides early odds from 4 – 8 days before the match takes place.
Tracking the fluctuations of numbers and comparing between online locations is an effective method of decoding bookmaker odds. You will notice that many halls have similar betting levels for the purpose of probing players or can have large differences because of bait odds.
When you see an adjustment, you need to find the latest information about the two teams and re-evaluate the results. You need to wait 2-3 days for the odds to stabilize and you should place your bets 10-15 minutes before the official match time.
Frequently asked questions related to decoding bookmaker odds
Explaining the bookmaker’s odds is quite simple with all the information above, but for beginners to operate smoothly requires a lot of time and effort. Below is a summary of frequently asked questions to help make the implementation easier.
Do you need to decode bookmaker odds at a reputable location?
The analysis process helps you avoid the lure of low-quality betting halls, but it does not mean that reputable bookmakers do not need to decode the odds. Because the main purpose of this is to help you understand each bet, match and increase the winning rate.
Is it okay to use only one method?
When introducing the above decoding methods, we clearly stated that each method has its own advantages and cannot be guaranteed to be 100% accurate. Not only because football is always dramatic, but each match has many different perspectives.
Using flexible options helps members better understand each bet and make accurate judgments about the two teams. It is necessary to use at least 2 of the above methods along with monitoring changes in the odds table and developments on the field.
Decoding Asian, European and over/under odds is the same?
In principle, decoding the bookmaker’s odds in Asian, European and Over/Under handicaps is the same, but there are suitable changes and bring better efficiency. Below is an example of the comments members need to draw when viewing the odds.
- Asian Handicap : The handicap ratio shows that the gap between the two teams is narrowing, the underdog team is in better form. On the contrary, the increased handicap ratio shows that the home team is in stable form and has great determination.
- European odds: You need to observe the payout ratio in each door, if you see the ratio change, you need to review the situation of the two teams. For example, if the home team’s odd increases, the chance of winning is not high or the away team has more advantages.
- Over/Under : The number given by the bookie is low and decreasing, showing that the two teams choose a defensive style of play and it is difficult for goals to be scored. If the total number of goals is high and tends to increase, the two teams have a big difference in strength, and there is a possibility of a rain of goals.
Above is all the information JLBET wants to introduce to players about decoding bookmaker odds . The process is simple but brings a lot of meaning, so you need to practice your skills and create habits for yourself.
