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MAIN / / Odd/Even Goals Bets Explained

If you are looking for a simple way to get started with online betting, goals odd/even is a super easy betting option to get you up and running. And Parimatch’s sports betting app is the ideal platform to start on. Our expert tech team has designed the application so it is as straightforward as possible to use. Whether it is your first time or you’re sick and tired of other bulky apps, you have found the best way to bet odd or place your bets on even goals.

If you wonder what “odd/even” goals betting means, you have come to the right place. This handy guide will walk you through everything you need to know when placing an odd/even bet. This run-through is designed to help you understand the odd or even meaning in betting, when it is best to use this tactic, and how to make a profit where possible. We will also give you a rundown of the advantages and disadvantages of odd or even goal wagers.

What Are Goals Odd/Even?

Odd or even goals betting refers to a style of wagering where punters bet on whether the total number of goals at the end of a game or match is odd or even.

If you are new to betting online or sports gambling in general, you may never have heard this term. Pretty simple to get your head round, that odd/even betting style is a great tactic for new bettors. If you were to take a football game, for example, at the end of the full 90 minutes, the scores of one or both teams are added together. If this equals an odd figure (1, 3, 5, etc.), this is “Goals Odd”. If, on the other hand, the total number of goals from both teams in the full match tallies to an even figure (0, 2, 4, etc.), this would be “Goals Even”.

Imagine a football game between Brighton Hove and Watford FC.

If Brighton were to win the game with a final score of 2:1, this would mean that the total number of goals at two half times would be three goals. This is because you add together the two goals scored by Brighton and the one goal scored by Watford. Here are a few betting numbers tips. If you had placed a bet on “Odd”, you would win as three is an odd number bet. If, however, Brighton won with a final score of 3:1 or the teams drew at 2:2, this would tally to four goals. In this instance, you would lose the bet, as four goals would be an even number of goals.

Lots of punters like to place odd/even bets because they keep the bettor engaged for the whole game, unlike other betting types such as over/under. Imagine that you have placed an over/under (totals) bet for under 2.5 goals, and a third goal is scored. Disheartened by your lost bet, you are likely to be disengaged with the game. With an odd/even goals bet, you are involved to the very end of the match, as you are relying on the very last score to know whether you have won or lost.

What Does “Odd Number” Mean?

The general rule of an even/odd bet is to try and determine whether the final total number of goals or points will tally to an odd or even number. When you place a bet on “Odd Goals”, you are predicting that a game will finish with a total combined score that is an odd number.

If you think about this, it immediately rules out the chance of a draw happening. By placing single bets on “Odd”, you are wagering that you don’t think there could possibly be a draw. This is something to think about before placing such a bet. This is especially true if you are betting on soccer games, as 25% of all Premier League games in the last 12 years ended the same way.

You may be thinking that you could pull this back with a little extra time. For example, if you were to bet on a cup game with a knockout round instead of a league game, there would be extra time or penalties to determine a winner, as there cannot be a draw. While this may be the case, the odd/even bet only takes into account the goals scored within the full 90 minutes. Extra time and penalties are not included. This means that if a match finishes on 2:2 and penalties decide the winner, your bet will only apply to the 2:2, so you would lose a “Goals Odd” bet. Injury time is included, however, as this exists to make up for the time wasted earlier in the 90-minute game.

In short, though, when it comes to the meaning of odd goals, this type of wager is won if the total number of goals scored by both sides equals an odd digit at full-time.

Goal Sports Betting: What Does “Even Goals” Mean?

“Even Goals Betting” can be considered the opposite of “Odd Goals”. When you place an “Even” wager, you are betting that the total number of goals scored by both sides is an even number at full-time.

Just like “Goals Odd”, this does not include extra time or penalties — not that those outcomes would be relevant here. Interestingly though, “Even Goals” bets protect you from a draw. As experienced bettors know, 1X2 bets can be unpredictable as the draw skews the results and odds. As noted above, a draw happens in soccer 25% of the time. This is a big statistic to discount. When you bet on “Goals Even”, however, you have the draw on your side, as a draw is always an even number.

To sum up, “Even Goals” can be defined as a bet where you wager that the total number of goals after two half times a match will equal an even number.

Is 0-0 Odd or Even in Betting?

0:0 (nil-nil) as a game outcome is an even result. In maths, zero is an even number, but it doesn’t even matter. A game ending in a draw will lead to a sum of two identical numbers, which will always be an even number.

Goal Sports Betting: Should I Bet on Odd Goals or Even Goals?

In general, you’ll find that bookmakers tend to make the odds relatively equal for both odd or even outcomes. From the outset, it may seem like you have a 50/50 chance of only two possible outcomes being either even or odd, but when you drill down a little, you see this isn’t always the case. This can depend on the average number of goals or points that are scored in a sport.

Let’s take soccer, for example. As the chart below shows, the chances of a soccer game going above 6 total goals are very rare. Considering that 0 is considered an even number in odd/even goals, the result is swayed toward even (due to nil-nil).

Frequency of soccer results

Source: FiveThirtyEight

For a “Goal Even” bet to pay off, the end result is likely to be one of the following scores:
0-0, 1-1, 1-3, 1-5, 2-0, 0-2, 2-2, 2-4, 3-1, 3-3, 4-0, 0-4, 4-2, 5-1, 6-0, 0-6

For a “Goal Odd” bet to pay off, the end number of goals is likely to be one of the following scores:
1-0, 0-1, 0-5, 1-2, 1-4, 2-1, 2-3, 3-0, 3-2, 4-1

As more than six goals are super rare in a game, the outcome is slightly skewed to “Even Goals” as 0-0 and 6 total goals both count toward even.

What Odd/Even Betting Markets Are Available on Parimatch?

Parimatch sports betting app offers more than straightforward odd/even wagers. While punters can place odd/even bets on the full length of a match or game, we also have a wealth of other related betting markets to spice the game up for you.

For example, when it comes to football betting, odd/even can be split into both halves. It means, with Parimatch, punters can enjoy placing bets on odd/even in the first half, in the second half, or in both. Not only that, but users can also enjoy placing odd/even wagers on each team separately.

In other sports, such bets are even more diverse. In volleyball, for example, Parimatch enables punters to bet on odd or even for individual sets.

The other great thing about the Parimatch app is that it provides all our users with “Goals Odd/Even” markets across a variety of different sports. Punters can place odd or even bets on soccer, basketball, ice hockey, volleyball, rugby, and more. With such a diverse range of available sports, it’s no wonder that Parimatch is known as the best sports betting app in Africa!

How to Bet on Odd/Even on Parimatch

The Parimatch sports betting app has been designed with ease of use in mind. Ideal for beginner bettors and experienced gamblers alike, the Parimatch application features an intuitive dashboard, making it super simple to navigate. Quick, robust, and reliable, the Parimatch app gives you access to the widest range of online betting options in Africa, with the most competitive odds, straight from your fingertips.

Download the Parimatch app

Simply follow these quick instructions to direct you on placing odd/even bets:

  1. Sign in to your Parimatch account and make sure you have deposited funds;
  2. Choose “Sports”, “Live”, or “Virtual” betting from the main page menu;
  3. Click on the sport you’d like to place a bet on;
  4. Choose the country in which the match is being played;
  5. Select the league or tournament you need;
  6. Click on the game you’re wagering on;
  7. Scroll down to find “Odd/Even” and select either odd or even;
  8. Head to the betslip to finalize your bets.

Pros and Cons of Goals Odd/Even Bets

Odd/even betting is a great place to start if you’re a beginner bettor. It’s simple to understand, and you have a pretty good chance of winning. However, there are a few pointers to keep in mind.

Benefits of Odd/Even Goals Bets

  • Ideal beginner’s bet

Odd/even betting is great fun as it is easy to understand, and you have a relatively high chance of winning — the outcome will either be even or odd! In this sense, it can be a bit of fun if you don’t want to research team statistics and simply want to guess. Most often, the odds are pretty balanced either way.

  • Quite a high chance of winning

Odd/even betting odds are usually pretty equal for either answer. This is because you have roughly a 50/50 chance of getting this right, even if you study the stats. 50% is a pretty high percentage to bet on.

  • Even bets shelter you from a draw

As experienced punters know, the draw can skew your betting predictions, especially with winner bets (1X2). As we said before, draws happen 25% of the time in soccer, so it’s important to factor this in when betting. Evens/odds bets don’t take into account extra time or penalties, meaning a draw is always possible. Moreover, a draw is always even. In this sense, betting on an even number of total goals can be a plus to protect your stake a little more.

Drawbacks of Odd/Even Betting

  • Low odds result in low winnings

As there is nearly a 50/50 chance of you winning evens/odds bets, the odds tend to be pretty low. In this sense, you won’t really make a great profit from total odds and evens betting.

  • Not good for parlay bets

If you like to strategize using a betting parlay, you may find that odds/even bets don’t bring the profitable results needed. This is because the odds are rarely over 2.00, so it’s hard to make back your stake if one of your predictions in the bet doesn’t play out.

Should You Bet on Odd or Even Goals?

This is a good question, and the answer depends on what you hope to get out of your bet. If you are an experienced gambler looking to make a lot of money from strategizing bets, odd/even bets probably aren’t your bag. Not really suitable for system bets, the low odds do not bring high returns, even if you win.

On the other hand, if you are looking to place a wager for a bit of fun, this is a good bet. It has a high chance of winning — about 50% for each side. While the odds are low, this just shows how high the chances of winning are. In this sense, it can be a nice little profit for a newbie bettor having a little fun.

Equally, if you are looking for a bet that will keep you engaged throughout the whole game, totals odds/evens betting is an excellent way to liven up the entire match, as you have to wait until the very end to know if your bet has paid out. Unlike over/under betting, where you might know whether your bet has paid out at any point in the game, odds/evens means you need to watch until the very end.

Can you Make a Profit Betting on Odd or Even Goals?

As with any betting strategy, there is profit to be paid if you win the bet. However, odds/evens betting has a high likelihood of paying off for you, no matter which option you choose. While statistics and analytics do come into play, there is roughly a 50/50 chance that this kind of bet will work out for you and release a small profit.

With this in mind, as the chances of winning the bet are so high, the stakes are often very low. This means that you will rarely see stakes above 2.00 when betting on odds/evens for a full game. In this sense, while a winning bet will pay out, it won’t pay out very much.

That said, one tip is to bet on first-half goals. You will tend to find higher odds in the first half of odd/even betting as bookmakers find it easier to predict whether a team will score in the first half based on their historical gameplay.

Another scenario where you might make a higher profit on evens/odds betting is when you bet on the underdog team. If there is a clear favorite, you may find that this kind of odds for the underdog is lower for evens. This is because the bookmaker doesn’t think the underdog will score at all. In these cases, “Odd” bets tend to have higher odds. In the situation that the underdog manages to score a goal, you could win quite a neat profit.

Another strategy that some punters use to increase their takings from odds/evens betting is to use progression systems. This is done by waiting until the third match of a season and then selecting teams that have finished all their games with odd totals. You would then place a bet on the next match to finish as an even total. If this bet doesn’t pay off, increase your stake on the next bet by 2.2. In this sense, if your first stake was 300 TZS, your second stake would be 660 TZS. If the next bet doesn’t pay off, you increase the stake by 4.4 to 2904 TZS. The idea is that your bet will eventually pay off and will pay off to cover all the lost stakes before. While this can work, progressive betting systems are extremely risky and can deplete your betting bank balance very quickly. Don’t let these kinds of bets get out of hand, as you can lose a lot very quickly if you are wrong on a few rounds!

What Else Can You Bet on with Parimatch?

Bet types variety on Parimatch is truly huge. Here is just a part of the available bet markets so you can combine multiple markets:

Summary on Odd/Even Goals

“Goals Odd/Even” is a very simplistic betting strategy. Designed more for a bit of fun than a profit-making scheme, beginners and amateur bettors can enjoy this easy-to-place bet. With roughly a 50/50 chance of success, bettors have a high likelihood of this type of bet paying out. However, as odd/even bets have relatively high chances, the odds are low, so the profit margin is slim.

As the odds swing both ways, many experienced gamblers will tell you that this kind of betting is simply guesswork. Studying statistics won’t really help to improve your chances of winning. That said, if you want to employ a progressive betting system to increase your chances of making a higher profit, then you will need to consider the results of a team’s recent games. It is important to recognize the dangers of progressive betting systems, though.

In short, the best betting site Parimatch makes it possible to place different odd/even wagers on our online sports betting app. Quick to download and easy to use, our app features odd/even bets for all kinds of sports, from basketball to volleyball, from soccer to rugby. You can place such bets for the whole game, each half separately, and each team in play.

Don’t dilly-dally! Try your luck today!

FAQ

What is the difference between odd and even goals?

Odd goals have an odd number total, i.e., 1, 3, 5, 7, etc. Even goals have an even number total, i.e., 2, 4, 6, 8, etc. Odd and even goals are usually used by bettors when placing a bet on a sport or online gambling.

What do odd and even mean?

Odd means that a bettor predicts that a sports game will end with a total score combination in an odd number, such as 1, 3, 5, 7, 9, etc. Even means that a bettor predicts a sports game will end with a total score combination in an even number, i.e., 2,4,6,8, 10, etc.

What is odd and even in betting?

In betting, odd and even refer to the classification of a specific outcome or statistic in a sports event. It is commonly used in markets such as over/under bets or total goals bets. “Odd” indicates an outcome or statistic that results in an odd number, while “even” indicates an outcome or statistic that results in an even number. The classification is based on the sum of the relevant statistic or outcomes.

What is even on a bet?

Even on a bet is when a bettor makes a wager that the sports game they are betting on will end up with a total score combination in even numbers, such as 2, 4, 6, 8, 10, etc. This means that you are predicting that there is no chance that the total score will end up in odds or draw.

Is 0-0 odd or even in betting?

In most betting contexts, the scoreline of 0-0 is considered an even outcome. In terms of betting markets that involve odd or even numbers, such as over/under bets or total goals bets, a 0-0 scoreline would typically be categorized as an even result. However, it’s always important to refer to the specific rules and terms of the betting market or sportsbook you are using, as there can be variations in how they classify and settle such outcomes.

Is zero an odd number in betting?

In most betting contexts, zero is considered an even number. When it comes to odd/even betting markets, where you predict whether a specific outcome or statistic will be odd or even, zero is typically classified as an even number. However, it’s always important to review the specific rules and terms of the betting market you are using.

Read More:

What Is the Moneyline in Sports Betting?

Understanding Football Betting 1Ă—2 Technique

What Is Double Chance Betting?

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