What Is European Odds? A Beginner’s Guide to 1×2 Betting and Payout Calculations #95
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Are you new to European odds and still confused about the types of bets that bookmakers offer? Or are you trying to understand how the 1×2 betting format works so you can better manage your bankroll? In this article soccer prediction wednesday will provide answers to the most common questions that beginners have about betting with European odds.
1. Betting Is a Unique Form of Addiction
Most people are well aware of the dangers posed by addictive substances such as drugs, ecstasy, and heroin. However, not many realize that football betting is also a form of addiction—one that can be just as destructive.
Scientific research has shown that football betting affects the human brain in a way that is strikingly similar to how addictive substances do. The act of placing a bet and especially winning triggers a release of dopamine—a “reward” chemical that causes feelings of excitement, satisfaction, and euphoria, much like the high one experiences from using drugs.
Conversely, when a bettor loses, the emotional crash can be just as intense. Feelings of sadness, anxiety, and even latest soccer prediction site depression are common, and in severe cases, individuals may exhibit symptoms similar to withdrawal experienced by drug addicts. Tragically, there have been numerous documented cases of individuals committing suicide as a result of heavy betting losses.
What makes football betting particularly dangerous is that it is often tied to a person’s passion for the sport. Many who gamble on football do so because they are genuine fans of the game. According to several studies, this emotional connection makes football betting even harder to quit than other forms of gambling. Therefore, the safest and most effective strategy is to avoid this form of gambling altogether.
2. You Never Really Win in Football Betting
One of the most common questions among those who engage in sports betting is: “Can I actually make money from betting on football?” According to experts and scientific analysis, the answer is overwhelmingly “No.”
The main reason for this lies in the betting system used by bookmakers, most notably the 11-to-10 rule. Under this system, a bettor has to wager 11 units in order to win just 10 units. Even if you win a bet, the profit football prediction octopus is smaller than the amount you risked, and over time, this slight disadvantage adds up—statistically ensuring that the house (the bookmaker) always wins in the long run.
This imbalance is not a coincidence; it is a calculated system designed to ensure profits for the bookmaker while gradually draining money from the bettor.
What Are European Odds (1×2)?
European odds, often referred to as the 1×2 market, is one of the most straightforward forms of sports betting and is widely used across online and land-based sportsbooks. The term "1×2" represents the three possible outcomes in a football match:
1 – Home Team Wins
× – Draw
2 – Away Team Wins
This form of betting is simpler than Asian handicap betting because players only need to predict the final outcome of the match—there are no point spreads or handicaps involved. Your goal is to select the option that you believe will be the correct result at the end of regulation time.
How to Calculate European Odds Payouts (With Example)
Before jumping into how payouts are calculated, it's important to understand what odds actually represent. In 1×2 betting, the odds show you how much money you will win for every unit you stake, assuming your prediction is correct.
Example:
Let’s say there’s a match in the English Premier League where Manchester City is playing at home against Arsenal. A sportsbook offers the following odds:
Man City (Home): 2.70
Draw: 3.30
Arsenal (Away): 2.65
If you bet 600,000 VND on any of these options, your payout would be calculated as follows:
If you bet on Man City to win at 2.70 odds
If Manchester City wins by any scoreline, your winnings would be:
600,000 × 2.70 = 1,620,000 VND
If they lose or draw, you lose your stake.
If you bet on Arsenal to win at 2.65 odds
If Arsenal wins, your payout would be:
600,000 × 2.65 = 1,590,000 VND
If they lose or draw, you lose your stake.
If you bet on a Draw at 3.30 odds
If the match ends in a draw, your payout would be:
600,000 × 3.30 = 1,980,000 VND
If either team wins, you lose your stake.
Keep in mind that European odds include your original stake in the payout. So if you win, the total amount you receive already contains both the profit and the money you initially bet.
Tips for Betting on 1×2 Odds (Win – Draw – Loss)
1. Don’t Follow the Crowd Blindly
One of the biggest mistakes beginners make is betting based on popular opinion. Just because many people are backing a certain outcome doesn’t mean it’s the smartest choice. Bookmakers often adjust odds based on public betting behavior to maximize their profits, and the more heavily one outcome is backed, the higher the chance it might turn out to be a trap. Always trust your own research and analysis over groupthink.
2. Focus on the Second Half for Better Accuracy
In most football matches, the first 45 minutes are typically used by teams to feel each other out and test strategies. Because of this, the first half can often be cagey, unpredictable, and full of surprises. For smarter betting, observe the match during the first half and use that information to make more informed decisions about betting on the second half or the full-time outcome.
3. Monitor the Betting Board Closely
One of the keys to successful 1×2 betting is keeping a close eye on the bookmaker’s odds board. Constantly reviewing and comparing the latest odds, movements, and changes can provide valuable insights into how the market is shifting. These movements can indicate last-minute injuries, lineup changes, or even tactical adjustments that can affect the outcome of the game.