How does Football betting works in Todaybet?
Currently, there are two primary forms of soccer betting on the market: traditional betting and online betting. According to the current trend, online betting is growing strongly and surpassing conventional betting forms because of its outstanding benefits and advantages. In today’s article, we want to introduce more deeply about online betting because this is a form suitable for Philippines players.
Before getting to specific knowledge about online soccer betting, you need to understand how online football betting works to be able to bet most accurately and effectively.
Just like traditional betting, you will bet money on bets on the football matches you choose. All transactions and betting operations are done on the house’s website, and you can bet anytime and anywhere via PC or mobile phone.
Currently, the Football betting market is quite vibrant, especially when significant tournaments take place. Accordingly, the football tournaments that bettors love and choose to play the most are the European Cup C1, Premier League, Bundesliga, La Liga, Serie A, Ligue 1… Bookmakers will display the bets on their odds board. Each match will have many diverse bets for players to choose from.
In the world and regional betting markets, as well as in the Philippines, there are many football betting websites operating. Each bookmaker site will have different quality, reliability, and different odds. Therefore, you need to compare, review, and choose a suitable and reputable house before deciding to bet on soccer. You can reference our site: Todaybet.
What are Football betting odds?
When it comes to online football betting, you need to know the concept of football betting odds clearly. These odds represent the number of winnings or losses you will obtain in each match. Knowing the exact amount of winnings you get, you will easily compare bookmakers to choose the most suitable and beneficial one for you.
There are currently five basic and most popular odds applied by bookmakers, and customers can freely choose their favorite form, such as:
Standard odds (Decimal – Decimal)
Decimal odds are odds displayed as a decimal number, such as 1.00 or 2.00… representing the amount of winnings you can get by multiplying the bet amount.
For example, If you bet on the team to win with odds of 2.00, that is 10 USD. The amount you receive includes the initial bet amount of 20 USD, of which the principal amount is 10 USD, and the interest amount is 10 USD.
Hong Kong (HK) Odds
HK odds are calculated using decimal odds – 1. This is understood as Hong Kong odds eliminate the initial bet amount and help players know precisely how much profit they will receive if they win the bet.
For example, you can bet on your favorite team to win at odds of 1.00 with a bet amount of 10 USD. So, the amount of interest you receive is 10 USD.
Indonesian Odds (Indo)
Indo odds are displayed as + (positive) and – (negative). In particular, the team with a positive symbol is the underdog (weaker), and the team with a negative symbol is the upper handicap (more advantageous).
Regarding calculating winnings for football betting on a team with a positive symbol, Indo odds have the same calculation as HK odds. That is, only the profit amount is calculated, and the principal is omitted.
For example, you can bet on the underdog team to win at odds of 1.20 with a bet amount of 10 USD. So, the amount of interest you receive is 12 USD.
For the team with a negative symbol representing the upper team, the calculation is a bit different.
For example, you can bet on the underdog team to win at odds of -1.50 with a bet amount of 15 USD. Thus, the amount of interest you receive is 10 USD.
American Odds (US)
In terms of meaning, American odds are similar to Indonesian odds. The difference is the way the US odds are displayed = Indo odds x 100.
Malaysia odds (Malaysia)
Malay odds are considered a combination of Indo odds and decimal odds. In terms of display, Malaysian odds also have positive and negative symbols like Indo odds.
Specifically, If you bet on favorable Malaysia odds, the winnings will be equal to the bet amount x odds.
If the player bets on unfavorable Malaysian odds, the winnings will be equal to the bet amount/odds; The lost bet amount will be equal to the bet amount x odds.
At bookmakers, the winning and losing amounts at each odds will be automatically calculated by the house very scientifically and clearly. You will not need to calculate, but you need to understand this concept to choose the correct odds for each match.
Popular forms of football betting
When choosing to embark on soccer betting, the first important thing you need to understand is the concept of popular types of soccer bets. You will only be able to bet and win if you clearly understand the types of bets. The following are the most common types of soccer bets you will encounter during your betting process.
Outright bet (winner)
This type of bet is quite famous and attracts many players because of its high winning rate. In a long tournament, you will predict which team will win the championship in the end. If you guess correctly, you can bet with significant winnings.
European betting
European bets are simple and easy-to-understand bets, with three options for three basic bets: win – draw – lose. With the familiar symbol 1X2 on the odds table, choose one if you think the home team wins, two if you think the away team wins, and X if you think the two teams draw. For new players, try to get familiar with this bet first.
Asian Handicap Football Betting
This type of bet is quite complicated, but once you play it, you will find it extremely attractive and exciting. In this type of bet, the house will evaluate the strength of the two teams by comparing them and giving odds to create a balance between the two sides. With this bet, you need to learn popular odds such as 1, 2, 3, 1 ½, one ¾, 2 ½, two ¾… Each ratio has its own meaning, and you need to master the concept to You can choose the correct bet.
Over/Under Football Betting
English is Over-Under. Compared to the above bet types, this type of bet is quite interesting. You will not need to predict who will win or who will lose, nor will you need to know the exact result. What you need to guess is whether the total number of goals in the match will be above or below the odds provided by the bookmaker. Predicting above, you choose Over. If you indicate below the number given by the house, you choose Under.
Cross bets
This type of bet is extremely popular with professional players because the winnings are huge. With cross bets, you can bet on multiple matches from 3 – 4 – 5 – 6… matches at the same time. If you want to win, you need to predict the entire number of bets placed correctly. The more matches in a parlay bet, the more significant the winning amount.
Odds bets – Corners, number of goals…
With this bet, players will predict the total number of corners and the total number of goals scored by the two teams. This option will often be used to bet on Over/Under odds. This is one of the side bets most chosen by bettors to experience.
Bet on the exact score.
This is a bet that is not easy to predict, so the odds are significant if you predict correctly. As the name suggests, players will predict the exact score of the match.
Bet on who will score first
Another attractive side bet is betting on who will score the first goal. Accordingly, players will predict who will score the first goal in the match.
Instructions on how to participate in online football betting
For players coming to online Football betting for the first time, anyone will feel confused and need help knowing where to start and how to bet. You don’t need to worry too much because we will give you detailed instructions on how to bet at online bookies. Although each house will have different betting methods, in general, the following steps will be followed.
Step 1: Choose a quality soccer betting website
First, choose the soccer betting website you want before starting to bet. This website must meet all the criteria of a reputable betting site. Here are some requirements that you must grasp to choose your favorite bookmaker:
- Have complete, reputable Football betting licenses from licensing organizations. Our partners in this field such as, Win99
- High security with modern security measures.
- We provide many forms of transactions for players, connecting them with central banks and credit institutions in Vietnam.
- There are many attractive promotions for football betting.
- Good customer care, always supporting and consulting players 24/7.
- Scientific interface, supporting players on all platforms, from PC to mobile, with high-quality mobile applications.
- There are many helpful Football betting features, such as live streaming, match statistics, etc.
Step 2: Create your Football betting account
Registering a playing account is a straightforward operation that anyone can do at online bookies. It only takes about 1 minute, and if you provide all the relevant information, the house will immediately open a playing account for you without charging any related costs. Only when you have a playing account at a bookmaker can you easily access the bets that that house allows?
However, remember to deposit money into the account you just established. There are many payment methods for you to choose from. Choose the correct method, confirm your first deposit, and remember to select the welcome bonus. After the transaction is made, the house will process the transaction and deposit money into your playing account so you can start playing.
Step 3: Choose a Football betting hall and place a bet
Usually, at most bookmakers, football is in the sports section. Depending on each bookmaker, the sports section will have one or more game halls in cooperation with large and famous game publishers. Choose your favorite Football betting hall, then find the football betting sport, find your favorite tournament and match, check the odds carefully, and place a bet on the bet you believe will be correct.
Go to a bet with the amount you wish. After the Football betting stops, sit tight and watch the football match proceed. After the game is completed, the house will transfer the specified prize to your playing account at the agreed-upon odds.
Step 4: Besides, buy gifts for your friends and family and even withdraw cash for yourself.
By so doing, the winnings can be used to withdraw money to your bank account for the results you have made. Or you continue to re-bet, and you get to win extra cash besides the amount you wanted to lose.
