What is Even-Odd Betting? How Much Can You Win?
Even-odd betting is a popular secondary wagering option in sports betting, especially in football. Despite being a side bet, it attracts many players due to its simplicity and the 50/50 winning probability. This guide will help you understand how even-odd betting works, how to calculate potential winnings, and useful latest soccer tips to maximize your chances of success.
What is Even-Odd Betting?
Even-odd betting involves predicting whether the total number of goals scored in a match will be an even or an odd number. This type of bet does not require predicting which team will win, but rather focusing on the final combined score.
Players can place even-odd bets on either the first half or the entire match. Since it is considered a side bet, it is usually found in the extended betting options rather than in the main odds list.
How to Play and Calculate Winnings in Even-Odd Betting
To successfully place even-odd bets, players should understand the betting mechanics, payout calculations, and potential risks involved.
How to Place Even-Odd Bets
There are two possible betting options:
Even (E): The total number of goals scored in the match is divisible by 2 (e.g., 0, 2, 4, 6, etc.).
Odd (O): The total number of goals scored in the match is not divisible by 2 (e.g., 1, 3, 5, 7, etc.).
To place an even-odd bet, navigate to the betting section, find the extended betting markets, and locate the "Odd/Even" option. You can choose to bet on either the full match result or just the first half.
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Example of Even-Odd Betting Calculation
Let’s consider a match between Switzerland and Austria, where the odds for even and odd bets are as follows:
Odd: 0.88
Even: 0.83
If a player places a $100 bet on "Odd" and the match ends with a score of 1-1 (total goals = 2, even), they lose the bet. However, if the match had ended 1-0 (total goals = 1, odd), the payout would be calculated as follows:
Winning Calculation:
Profit = Bet Amount x Odds
$100 x 0.88 = $88
Total Payout = Bet Amount + Profit = $100 + $88 = $188
Conversely, if the bet was placed on "Even" and the result was 1-1, the payout would be:
$100 x 0.83 = $83
Total Payout = $183
Other Popular Types of Even-Odd Bets
Even-odd betting can be applied to various aspects of a football match, including:
Total match goals (Even or Odd).
Odd-Odd: Both teams score an odd number of goals.
Odd-Even: The home team scores an odd number, and the away team scores an even number.
Even-Odd: The home team scores an even number, and the away team scores an odd number.
Even-Even: Both teams score an even number of goals.
Yellow card even-odd betting.
Corner kick even-odd betting.
Penalty even-odd betting.
Example of Even-Odd Betting in Football
Understanding even-odd betting through examples helps in making informed decisions.
Full Match Even-Odd Example
In a match between Racing Club Montevideo and Corinthians SP, the odds for even and odd bets are:
Even: 1.91
Odd: 1.97
A player bets $100 on "Even," and the match ends with a 3-1 score (total goals = 4, even). The calculation is:
$100 x 1.91 = $191 (total payout)
If the bet was placed on "Odd," the player would have lost the wager.
Even-Odd Betting for Each Team
Another way to bet is by predicting the even-odd outcomes for each team separately. For instance, in a match between Universitario Deportes and LDU Quito, the odds for different combinations are:
Odd/Odd: 3.80
Odd/Even: 4.45
Even/Odd: 3.45
Even/Even: 2.95
If a player bets $100 on "Even/Odd" and the match ends 2-1 (Even/Odd), the calculation is:
$100 x 3.45 = $345 (total payout)
Bets placed on other combinations would result in losses.
Tips for Winning Even-Odd Bets
To increase the chances of winning, experienced bettors follow these strategies:
Analyze team performance: Understanding a team’s scoring pattern helps in making accurate predictions.
Monitor betting odds movement: Significant fluctuations in odds may indicate a shift in expectations.
Diversify betting options: Avoid placing all your money on a single even-odd bet. Spread bets across different markets.
Choose appropriate matches: Smaller leagues often have more predictable scores compared to high-profile matches.
Combine with other bets: Pairing even-odd bets with yellow card or corner kick bets can maximize potential profits.
Conclusion
Even-odd betting is an exciting option for bettors looking for a straightforward wager with a 50/50 probability. While it is a secondary betting option, careful analysis, strategic betting, and bankroll management can improve the chances of success. Players should always assess match soccer tips sites betting odds movements, and potential influencing factors before placing their bets.