How to Read and Analyze European Football Betting Odds (1X2 Market) #2
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The European Betting hand to hand soccer prediction Odds, or the 1X2 Market (often called Kèo Châu Âu in Vietnamese), is the simplest and most traditional form of football wagering. Unlike the Asian Handicap, which introduces goal differences and fractional numbers, the 1X2 market focuses solely on the full-time result of a match with three distinct possibilities. Mastering this market is the foundation for understanding all other types of football bets.
1. Decoding the 1X2 Symbols
The European odds market uses latest football prediction site three simple symbols to represent the final outcome after 90 minutes (plus injury time):
In the betting table, you will see the name of the match followed by the odds for each of these three outcomes.
2. Understanding and Calculating Payouts (Decimal Odds)
European odds are football prediction app download almost always displayed in the Decimal format (e.g., 1.50, 3.80, 5.00). This format is the easiest to calculate your potential winnings.
The Formula:
$$\text Total Return = \text Stake \times \text Decimal Odds $$
$$\text Net Profit = \text Total Return - \text Stake $$
Example:
Imagine a match between Manchester United (1) and Liverpool (2) with the following odds:
Manchester United (1): 2.20
Draw (X): 3.40
Liverpool (2): 3.10
If you place a $100 bet:
Key Principle: The lower the decimal odds, the higher the implied probability of that outcome occurring, and consequently, the lower the payout. (In the example, Man Utd is considered the slight favorite).
3. Converting Odds to Implied Probability
A crucial step in intelligent betting is understanding the Implied Probability (IP) represented by the odds. This helps you determine if the bookmaker's pricing aligns with your own assessment of the game.
The Formula:
$$\text Implied Probability = \left(\frac 1\textDecimal Odds \right) \times 100\%$$
Using the Example:
Man Utd (1) @ 2.20: $\left(\frac 12.20 \right) \times 100\% \approx 45.45\%$
Draw (X) @ 3.40: $\left(\frac 13.40 \right) \times 100\% \approx 29.41\%$
Liverpool (2) @ 3.10: $\left(\frac 13.10 \right) \times 100\% \approx 32.26\%$
Note: If you sum the IPs, the total will be slightly over $100\%$. This "overround" is the bookmaker's margin, or profit.
4. Simple Strategic Analysis for 1X2 Betting
Since the 1X2 market offers only three choices, strategic analysis often focuses on identifying value—where the true probability is higher than the bookmaker's implied probability.
a. Spotting the Value in the Draw (X)
The draw result is often overlooked by casual bettors, which can sometimes lead to inflated odds and hidden value.
Look for: Matches between two evenly matched teams with strong defensive records, or important, high-pressure games (like derbies or finals) where caution prevails.
The Trend: If the odds for the Draw (X) are around $3.00$ to $3.40$, it’s often worth considering, as a draw probability is theoretically around $33.3\%$ in any three-way contest. If the odds are higher than $3.00$ but your analysis suggests a draw is very likely, you have found potential value.
b. Analyzing the Home/Away Split
Check the form of both teams, specifically focusing on their performance in the match environment:
Home Team (1): Analyze their record at home. Some teams are significantly better in front of their own fans.
Away Team (2): Analyze their record away from home. Teams that travel well are often underrated by the market.
c. The "Double Chance" Market
For a more conservative approach, the 1X2 market also allows for a "Double Chance" bet, covering two of the three outcomes, which dramatically increases your winning probability but lowers the odds:
1X: Home win or Draw
X2: Draw or Away win
12: Home win or Away win (No Draw)
This market is ideal when you are confident that one team will not lose, or that the match will not end in a draw, providing a safety net for your bet.
In summary, the European 1X2 betting market is straightforward: pick the final result (1, X, or 2). Success comes from converting the decimal odds into implied probability and using this to determine if the bookmaker is underestimating the true likelihood of your chosen outcome.