FootBall Betting Tips!
Online Football Betting in Asia -Understanding Betting Odds
There is no doubt about the fact that online football betting is taking root in Asia. Make no mistake about it, more and more people in Asia are participating in various online fantasy football leagues. Anybody who gets into a game praying for a win must be able to play the odds correctly. Numerous bets are being made, the more serious sports investors are however taking their time to understand betting odds before they get into the game.
Without this knowledge an individual in any part of the world would look like an idler who is throwing his money a way while passing time online. Luckily betting odds are easy to understand this is because there are only three main types of odds used; Decimals, Fractional and American. Currently in Asia many of the investors are using decimal odds.
Decimal odds are offered almost everywhere around the world. Decimal odds indicate clearly how much an investor is likely to get from a bet of a single (1) unit. Most of the decimal odds offered by bookmakers go up to two decimal places which guarantees greater accuracy.
Fractional odds are also popular with online fantasy football bookmakers in Asia. The odds are figured from a single unit stake i.e. 1. The odds clearly show what a punter will take as profit from a single stake, while the decimal odds show the total to be won.
American odds are very different from the other two popular odds. They are also referred to as money odds and are based on a 100 stake. The odds indicate a positive or negative outcome for a punter. If the odds are written positively, they tell the punter how much profit can be made on a 100 stake.
Depending on the league the betting odds that a bettor has to use will vary, one should switch from one odd format to another as required.