Millions of people desire to play football betting, but only 5% succeed. You should be familiar with the football betting odds if you are interested in trying it. You will see numbers beside the names of the football teams. These are odds. To be successful in betting you must be able understand and use odds to your advantage. http://newyorkceramicsandglassfair.com/the-real-poker-crack-to-winning-online-poker/ You are effectively throwing your money away if you don't understand the odds. Rtp Live While you may win some bets, you will lose many of them if odds are not understood. To have a better understanding of odds, you need to know its various types. There are three types of football betting odds.

1. Fractional odds. Bookmakers in the UK use fractional odds for football. Fractional odds work on 1 unit stake. When you are making your bet and look at the fractional type of football odds then you will be able to determine the amount of profit that you will earn by making 1 unit of stake. The fractional format does not state the total winnings for each unit of stake but just the profit from the bet.

2. Decimal odds. Bookmakers around the globe use decimal format odds. This format of football betting odds can be understood easily. You can determine how much money you will make from a single unit of football betting by reading decimal odds. You may see a different unit of stake, which could be ten or 100. To be sure about the unit of stake, it is best to ask the bookmaker first before making your bet. Commonly, decimal football odds are adjusted to two decimal places to make it more accurate.

3. American odds. The American odds are also called as money lines. This type of football odds has a basis of 100 stake. You can determine whether the American odds are positive or negative for your football betting. If the American odds is positive then you can determine the amount of profit you will earn on your 100 stake. If the football betting odds is negative then you can determine the amount of stake that you need to be able to earn 100 on your bet.

Your key to betting success is knowing the basics of football betting odds. Now that you are familiar with the different types of odds, it is possible to search for odds offered by various sports sites on the internet. Compare them, take notes, and make your own predictions. In this way you can formulate your own odds that will help you win all your bets.