Explaining football betting odds

When it comes to placing any bets, the odds will always play a big part. They often decide how worthwhile it is to back the chosen outcome and they’re supposed to be an indication of how likely that outcome is to come into fruition. While both of these points tend to be true, some punters can take bookmaker odds too seriously, leaving them losing out on winning bets just because the price seemed too good to be true.

Even the more experienced football punters won’t be completely aware of what makes up the odds they’re betting on, and it’s important to know why the bookmaker has provided those specific odds, as it can be crucial in drawing up football tips that are worth backing. All individual selections need to have odds that are backed up by reasoning or there could be something pivotal that you’re missing out on.

How do football betting odds work?

Bookmakers calculate their football betting odds through several important factors. As every bookie provides a price on football results, there will be some who are merely reflecting their odds on others who have a similar price. Not all football tips websites are that knowledgeable over how the bookmaker prices work, but Oddschanger set themselves aside from the crowd with Daily Football Tips backed with the best odds on the market.

Past results between both teams who are playing, and the current form of each side is key, as it tends to be a guide to how their meeting against one another should go. Sudden injuries, the weather, players who were sent off, playing surface and several other variables which hinder either side’s performance will change the odds significantly, but the chances of either side winning are accurately calculated beforehand.

This is the case for all markets, with goalscorer odds calculated on each player’s record for scoring goals, and Over 2.5 Goals odds calculated based on how many goals usually occur in matches seen by both sides. Both Teams To Score is a favourable market, leading some punters to back them ahead of traditional win markets. They’re typically judged on a side’s ability to score but their inability to keep a clean sheet, making for the perfect BTTS tip when two sides in this category meet.

Who offers the best odds on football?

While some bookmakers will offer the best odds guaranteed on football and others will provide enhanced accumulators which give higher returns based on how many selections you’ve included, there’s no single bookie who are head and shoulders above the rest. It would be advised to always do your research before placing any bets, checking that the football betting odds of the tip you’re backing are the best available.

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