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European Odds 1×2 Knowledge for Football Fans

European Odds, also known as 1×2 odds, are among the three most popular football betting odds types offered by online bookmakers. Reading European odds is quite straightforward as it involves deciding which team will win or lose based on the given betting rates.

Join us as we delve into the precise details about 1×2 European odds from today’s expert bettors.

What Are European Odds?

European odds are a very common betting type widely used in both Europe and Asia. The 1×2 European odds are betting options offered by the bookmaker W88 to decide which team is stronger or weaker. This betting system includes three bets: Win, Loss, or Draw. Players can freely bet on their preferred team.

The basic rule is that if you predict correctly, you receive the payout from the bookmaker; if not, you lose your stake. These odds fluctuate continuously, requiring players to be quick and sharp, and possess various skills to predict accurately and achieve the ideal odds.

Players tend to find this type simpler compared to Asian handicap or Over/Under odds as it doesn’t require complex calculations. Especially in matches with a vast disparity between team strengths, the odds gap is large, making it easier to predict the winning team with European odds.

This form of betting is less mentally taxing as it doesn’t require calculating exact scores or probabilities. Players simply have to bet on one of three outcomes: win, lose, or draw. There’s no need to focus on exact goal differences, adding to its appeal at online bookmakers. This simplicity has made European odds popular, drawing a lively, enthusiastic crowd.

Overall, European odds are easier to play than many other betting types. Besides luck, players just need to thoroughly research aspects such as head-to-head history, recent performance, current team issues, and any injured players to make the most accurate predictions.

detailed illustration example for european odds at w88

Basic Types of European Bets

There is not always just one choice when it comes to 1X2 betting predicting the entire match outcome as bookmakers also offer:

  • FT: Whole match prediction.
  • HT: First half prediction only.

Betting Odds

Odds are understood as the payout rates players receive when participating in 1×2 betting. These rates fluctuate continuously and are only calculated when the bet slip confirms the odds successfully placed.

Advantages and Disadvantages of 1X2 Odds

Let’s quickly overview some of the pros and cons of 1X2 betting:

Advantages:

  • 1×2 odds are very straightforward, just select correctly from three outcomes to win.
  • Highly popular and available at all bookmakers.
  • Odds are updated promptly and accurately.
  • Easy to place bets quickly.
  • Simple to learn, even for new players.
  • High payout rates.

Disadvantages:

  • The probability of winning is 33.33% for each outcome, making the player’s win rate relatively low.
  • In matches with unevenly matched teams, the payout for the favorite is relatively low.
  • With European betting, you either win or lose money with no refunds.

How to Read European FT 1×2 Odds

This type only has three choices for players: win, draw, or lose. Thus, this bet offers higher winning odds compared to other types.

Meaning of the 1X2 Symbol

1X2 is the common symbol seen on odds boards when looking for European bets.

meaning of the 1x2 odds symbol

Here 1×2 represents the three betting options corresponding to three potential outcomes:

  • 1 : Home team win, also known as the home team. If you choose this and it’s correct, you win.
  • X : Draw option, also known as Draw. Predict a tie correctly, and you win.
  • 2: Away team win. If you predict the away team winning correctly, you win this bet.

Winnings = Your stake x Odds (offered by the bookmaker)

Differences Between European and Asian Odds

Many experienced bettors question the difference between Asian and European odds. Misunderstanding the types can lead to betting mistakes and losing everything.

1. European Odds (1X2)

European odds, also known as 1X2 odds, are a common type of football bet. Reading it is simple:

  • 1: Bet on the home team to win.
  • X: Bet on a draw.
  • 2: Bet on the away team to win.

Characteristics:

  • No handicap (handicap), players only need to choose a win or a draw.
  • This type is generally simpler, suitable for newcomers.

Example:

Suppose a match between Manchester United and Liverpool has the following 1X2 odds:

  • 1 (Manchester United win): Odds 2.5
  • X (Draw): Odds 3.2
  • 2 (Liverpool win): Odds 2.8

If you bet 100,000 VND on Manchester United to win:

  • If Manchester United wins, you receive 100,000 x 2.5 = 250,000 VND.
  • If the match draws or Liverpool wins, you lose your bet.

2. Asian Odds

Asian odds include a handicap to balance teams, particularly when a strong team meets a weaker one.

Characteristics:

  • Includes handicaps (0.5, 1, 1.5, etc.) to reduce the power gap between teams.
  • The handicap might be a half goal or whole goal.
  • Can result in a refund, winning, or losing half, depending on the result.

Example:

Suppose a match between Real Madrid and Barcelona has Real Madrid giving a 0.5 goal handicap:

  • Real Madrid (-0.5): Bet on Real Madrid, they must win for your success.
  • Barcelona (+0.5): Bet on Barcelona; you win if they win or draw.

If you bet 100,000 VND on Real Madrid:

  • If Real Madrid wins: you receive the payout based on the win rate.
  • If Real Madrid draws or loses: you lose your stake.

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Even though Asian odds appear more complex than European ones, the player win rate for Asian odds tends to be slightly higher.

European Odds are simple bets that suit most players, whether they are new or experienced, adding to the allure of Europe’s betting odds. If you’re new, don’t miss the chance to earn money with such high winning probability. Hopefully, this article has helped you understand 1×2 odds well. Thank you for reading and have good luck with your bets.