Bookmaker odds in soccer: What you need to know to avoid losing money

Football betting has long become an indispensable part of the sports lovers community. However, not everyone clearly understands how house bets work and how to analyze them effectively. To avoid losses and ensure that you make wise betting decisions, this article will point out the things you need to master when participating in soccer betting. Find out with Jun88

What is the house edge and why is it important?
Before going into detailed betting tips and strategies, we need to clearly understand the concept of "house odds". The house bet is the odds that the house offers for each match, allowing players to bet on one of three outcomes: team A wins, team B wins or two teams draw. Understanding how these types of bets work will help you make more accurate and reasonable betting decisions.

1. The house bet reflects the difference between the two teams
The bookmaker sets the odds based on many factors, the most important of which are team strength, performance, confrontation history, and many other factors. The odds also reflect the bookmaker's assessment of each team's ability to win, helping you easily identify the team with the advantage in the match.

2. House odds change over time
The house bet is not always fixed, it can change continuously before the ball kicks off. These changes depend on many factors, from the force situation (injuries, penalty cards) to unexpected changes in the squad. Therefore, it is very important to monitor the fluctuations of the odds before betting.


What is the house edge and why is it important?

3. Choosing the correct odds helps minimize risks
One of the most important things when betting is choosing the right bet. If you do not clearly understand the factors that affect the bet, it is easy to make mistakes by betting on unreasonable odds. Remember that the house odds are just one of the factors you need to consider, but analyzing other factors such as team performance, confrontation history, or even playing conditions is also very important.

Popular types of house bets in football
In football, there are many types of bets that bookmakers offer, each with different calculation and calculation methods. Below are the popular types of bets that you need to master:

1. Asian Handicap (Handicap)
Asian Handicap, also known as handicap, is a type of bet where the house will apply a handicap between two teams to create fairness in betting. For example, if one team is stronger than the other team, the bookmaker will set a handicap (e.g. -0.5, -1.5) so that the stronger team must win by a margin at least equal to the handicap for players betting on them to win.

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• Handicap 0: If the match ends in a draw, players betting on the home or away team will receive a refund.
• Handicap 0.5: The handicap team must win with a difference of at least 1 goal.
• Handicap 1.5: The stronger team must win with a difference of at least 2 goals.

Popular types of house bets in football

2. 1X2 Odds (European Odds)
1X2 odds (European odds) are a simple and popular type of bet, players only need to choose one of three results: home team wins (1), draw (X), or away team wins (2). This is the easiest type of bet to understand but is very attractive to those new to soccer betting.

3. Over/Under (Over/Under)
Over/Under bet requires players to predict that the total number of goals in the match will be greater (Over) or less (Under) than a level previously given by the bookmaker. This is a type of bet where you do not need to care about the winning or losing team, but just predict the total number of goals.  

Conclude
The house edge in football is not simply a number you see before each match. To be successful in betting, you need to understand how betting works, identify the factors that affect betting, and avoid making common mistakes. Thorough analysis and grasping the right information will help you make wise betting decisions and increase your chances of winning.