If you planning to bet for football this session be it professionally or for fun, you need to know about the important aspect of betting and that is the betting odds. What you see the number that is presented beside the name of the football team is purely represents the odds. Thus, in order to become successful in sports betting, it is better that you understand football betting odds and grab the best advantage out of it.
In addition to this, you also need to know the proper knowledge of odds that are available in various types. For the serious betters, you can come to know that there are three types of football odds of which the primary one is the fractional odds.
In the football odds fractional odds represented in the fractional format is the one that is used by bookmakers. Such odds are perfectly based on 1 unit of stake, which means that when you make your bet you will be able to determine the actual amount of profit for earning 1 unit of stake.
The second type of betting odds is the decimal odds, which are also widely used by bookmakers throughout the world. Such type of football betting odds is very simple and easy to understand. Just read the decimal football odds, in order to determine the total amount of money made in 1 unit bet. Commonly, the decimal football odd is duly adjusted by two decimal places.
The final and the third type of Football betting odds are the American odds and these are also called as money lines. These odds have a basis of 100 stakes that allows to determine a negative or positive result of betting.