What is Over/Under Betting? A Guide on How to Play
When learning about football betting odds, Over/Under betting is a commonly discussed topic. The name might make it seem complex, but in reality, it's a straightforward and easy-to-play bet that can offer additional rewards. Let's explore weekend football tips what Over/Under betting is and how it works.
Understanding Over/Under Betting
Over/Under betting is a type of bet provided by bookmakers to give players more options in their wagers. As the name suggests, the "Over" bet is for the team perceived as stronger, while the "Under" bet is for the team perceived as weaker. Due to this difference in strength, it's easy to identify which team is the "Over" team, although surprises can happen, and the "Over" team can still lose unexpectedly.
When placing this bet, players only need to predict one of the two outcomes: whether the "Over" team (the stronger team) or the "Under" team (the weaker team) will win. Each bet option is assigned a different payout ratio by the bookmaker. If you guess correctly, you will receive a payout according to that ratio. In the betting table, the "Over" bet is often marked in red, while the "Under" bet is marked in black for easy identification.
Different Ways to Bet on Over/Under
Due to its simplicity, most bookmakers offer Over/Under betting in their matches. There are various types of Over/Under bets to choose from:
Over/Under 1/4 Goal
This type of bet means the "Over" team has a 0.25 goal advantage over the "Under" team. If the "Over" team wins, the bet wins entirely. If the match ends in a draw, the "Over" team wins half the bet amount, and the "Under" team loses half the stake.
Over/Under 1/2 Goal
This is a popular and easy bet. It means the "Over" team has a 0.5 goal advantage over the "Under" team. Even if the match hasn't started, the "Under" team is already considered to have 0.5 goals. If the match ends in a draw, the "Under" team wins the entire bet, but if the "Over" team wins, the payout goes to the "Over" team.
Over/Under 3/4 Goal
Many people find this type of bet interesting. For the "Over" team to win, they must win by at least 2 goals. If they only win by 1 goal, the "Over" team only wins half the bet amount. Conversely, if the "Under" team wants to win, they must win or ensure the match ends in a draw.
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Handicap Betting with a One-Goal Spread
The one-goal handicap bet is quite interesting and is also referred to as the "draw" bet. So, if you come across matches where the handicap is a whole number like 1, 2, 3, 4, etc., these are all considered draw bets. In this type of bet, the "favorite" team will need to win by a margin of more than one goal, while the "underdog" team automatically gets an additional goal in the betting odds.
In this situation, the favorite team must win by at least two goals for you to receive a payout if you bet on them. If the favorite team wins by only one goal, the bet is considered a draw, and you won't lose your stake; the bookmaker will return your wager. If the result is a draw, then naturally, the underdog team wins the bet, and you will receive a payout if you bet on the underdog.
Apart from these one-goal spreads, there are many other types of spreads you might encounter in matches provided by bookmakers. Most of the betting reading methods are quite similar; you just need to adjust the number of goals in the handicap accordingly.
Example of One-Goal Handicap Betting
From the above explanation, you might have a general idea of what a one-goal handicap bet is, right? If you still can't visualize how to read the bet and calculate the payout, here's an example. In a match between PSG and Sevilla, the bookmaker sets PSG as the favorite and Sevilla as the underdog with a handicap of 1.5. The payout rate for PSG is -0.95, and for Sevilla, it is 0.85. The scenarios are as follows if you bet on PSG:
If PSG wins by a margin of at least two goals (with scores like 2-0, 3-1, etc.), you will receive a payout. The payout is calculated using the formula: stake × payout rate, which is -0.95.
If PSG only wins by a margin of one goal (with scores like 1-0, 2-1, etc.), you lose your stake. If you had bet on Sevilla, you would receive a payout calculated with the corresponding payout rate of 0.85.
Some Tips for Betting on Handicap with a One-Goal Spread
Betting on a one-goal handicap is quite simple, right? However, to win, you shouldn’t rely on intuition alone but need clear knowledge and experience. Here are some tips:
Research Both Teams Thoroughly: Handicap betting relies on predicting the winning ability of both teams. Therefore, you need to spend time researching both teams’ information before the match to make the most accurate assessment.
Choose a Reputable Bookmaker: Before placing your bet, research whether the bookmaker providing the odds is reputable and if the odds frequently change. Some lower-quality bookmakers might alter the odds after you place your bet.
Always Calculate Your Betting Bank: You should always know how much money you are betting to keep your bankroll under control. Avoid placing excessively large bets because unexpected events can happen in football; therefore, protect your capital.
Refer to Expert Analysis: If you lack experience, refer to betting insights and predictions from experts on forums. This betting tips vip app can help you make a more informed evaluation when placing your bets.
Conclusion
The above content explains what a one-goal handicap bet is. As you can see, this type of betting is relatively straightforward if you know how to play and have a detailed strategy. Now, choose a match with a one-goal handicap to experience it for yourself. Good luck!