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European odds are a major type of betting that can be found on every soccer match odds board. Because of its popularity, many people are interested in and want to understand this betting form, also known as 1×2. If you do not fully understand European odds, let PHSPIN answer in the following article.
What are European odds?
European odds, also known as 1×2 odds, originate from Europe and are very popular in this region. Its basic gameplay is based on predicting which team will win during the betting period. It sounds quite similar to Asian odds, but 1×2 odds do not have handicap odds because the probability of winning or losing will be reflected in the payout ratio.
As a major type of betting in soccer, players can find European odds on the odds boards of every bookmaker. Most forms of play, from corner kicks, offsides, and cards, can also use European betting methods. Of course, the way to play based on goals is still the most basic and chosen.
How to Read European Odds
The 1×2 odds consist of 3 components and have the following specific meanings:
- Payout rate 1: Bonus coefficient for players who bet on the home team to win the match.
- Payout rate 2: Bonus coefficient for players who bet on the away team to win the match.
- Payout rate X: Bonus coefficient for players who bet on the two teams to draw.
These 3 betting options will cover all possible situations in a match for players to place bets. This bonus ratio also reflects the strength of the clubs in an inverse ratio. That means the higher the bet on a team, the weaker the strength of that team is assessed, and vice versa.
For example, in the match between Chelsea and Arsenal, the bookmaker offers the following European odds:
2.23
2.56
1.88
Applying the above-mentioned odds reading method, it can be understood as follows:
If you choose Chelsea and this team wins, you will receive a 1:2.23 payout.
If you choose Arsenal and this team wins, you will receive a 1:2.56 payout.
If you choose a draw between the two teams and the result is also undecided after the match, you will receive a 1:1.88 payout.
In addition, from here, it can be concluded that Chelsea is rated slightly better than Arsenal, and a draw is still the most likely to happen.
Secrets to Playing European Odds Without Worrying About Losing Capital
The 1×2 odds will no longer be a worry if you grasp the following secrets to conquer.
Analyze the form
To win a European bet, this requires the score to be completely accurate with the bet you placed to receive the reward. For example, if you choose the home team to win, even if the team does not lose, you will still lose the bet. Therefore, carefully studying the team’s form is extremely important.
The information you need to know before placing your bet includes the record in the last 5 matches, whether it is a win, a draw, or a loss. Before the match takes place, update the starting lineup to check for important absences. Pay attention to the recent European odds performance in previous encounters.
Refer to the Asian odds
Because they belong to the same group of odds that determine wins and losses based on the score, European and Asian odds have a few things in common. Therefore, it can be a clue to help you have a deeper look at the match. For example, if the Asian handicap keeps the same handicap for about 15-20 minutes, it shows that the top team is dominating. Therefore, choose the 1×2 handicap for the team that is rated higher.
Observe the development
If a team starts well, the club will likely have the advantage until the end of the match. So if possible, take some time to observe the approach of the two teams in the early stages as a basis for choosing which bet to place.
