{"id":216,"date":"2023-06-21T00:07:06","date_gmt":"2023-06-20T21:07:06","guid":{"rendered":"https:\/\/parimatch.co.tz\/blog\/?p=216"},"modified":"2024-02-14T16:11:47","modified_gmt":"2024-02-14T13:11:47","slug":"how-to-read-soccer-odds-on-parimatch","status":"publish","type":"post","link":"https:\/\/parimatch.co.tz\/blog\/en\/how-to-read-soccer-odds-on-parimatch\/","title":{"rendered":"How to Read Soccer Odds on Parimatch"},"content":{"rendered":"<p>Soccer fans can now enjoy placing football bets directly from the comfort of their own home. Thanks to Parimatch, you can access the broadest range of soccer wagers in Africa via our intuitive <a href=\"https:\/\/parimatch.onelink.me\/lTl0\/TZ?utm_source=tz_blog&amp;utm_medium=app_download&amp;utm_campaign=how-to-read-soccer-odds-on-parimatch\">Android\/iOS sports betting app<\/a> and a desktop betting platform. The problem is that if you don\u2019t know how to read soccer bet odds, you\u2019re going to struggle to place any wagers at all.<br \/>\n<div class=\"btn-box\"><a href=\"\/regtel\/1?utm_source=tz_blog&amp;utm_medium=regtel&amp;utm_campaign=how-to-read-soccer-odds-on-parimatch\" class=\"article__button button button_article\" style=\"\" target=\"_blank\">Join Parimatch to Get a Bonus<\/a><\/div><\/p>\n<p>But don\u2019t worry! We\u2019ve put together this handy guide to show you how to read soccer odds in football using one of the best soccer betting sites, Parimatch. To understand everything better, it makes sense to compare the explanations to real-life examples always available on our website.<\/p>\n<p style=\"text-align: center;\"><strong>\u1401 SCAN QR CODE OR CLICK ON IT TO DOWNLOAD \u1401<\/strong><\/p>\n<p><a href=\"https:\/\/parimatch.onelink.me\/lTl0\/TZ?utm_source=tz_blog&amp;utm_medium=app_download&amp;utm_campaign=how-to-read-soccer-odds-on-parimatch\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-3751\" src=\"https:\/\/parimatch.co.tz\/blog\/wp-content\/uploads\/App-download-_how-to-read-soccer-odds_.png\" alt=\"App download from Parimatch\" width=\"216\" height=\"216\" srcset=\"https:\/\/parimatch.co.tz\/blog\/wp-content\/uploads\/App-download-_how-to-read-soccer-odds_.png 216w, https:\/\/parimatch.co.tz\/blog\/wp-content\/uploads\/App-download-_how-to-read-soccer-odds_-100x100.png 100w\" sizes=\"(max-width: 216px) 100vw, 216px\" \/><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d49402a97d3\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d49402a97d3\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/parimatch.co.tz\/blog\/en\/how-to-read-soccer-odds-on-parimatch\/#What_Are_Soccer_Bet_Odds\" title=\"What Are Soccer Bet Odds?\">What Are Soccer Bet Odds?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/parimatch.co.tz\/blog\/en\/how-to-read-soccer-odds-on-parimatch\/#How_to_Read_Soccer_Odds_on_Parimatch\" title=\"How to Read Soccer Odds on Parimatch?\">How to Read Soccer Odds on Parimatch?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/parimatch.co.tz\/blog\/en\/how-to-read-soccer-odds-on-parimatch\/#What_Are_the_Betting_Odds_Formats\" title=\"What Are the Betting Odds Formats?\">What Are the Betting Odds Formats?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/parimatch.co.tz\/blog\/en\/how-to-read-soccer-odds-on-parimatch\/#Decimal_odds\" title=\"Decimal odds\">Decimal odds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/parimatch.co.tz\/blog\/en\/how-to-read-soccer-odds-on-parimatch\/#Fractional_odds\" title=\"Fractional odds\">Fractional odds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/parimatch.co.tz\/blog\/en\/how-to-read-soccer-odds-on-parimatch\/#American_odds\" title=\"American odds\">American odds<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/parimatch.co.tz\/blog\/en\/how-to-read-soccer-odds-on-parimatch\/#How_Do_Decimal_Odds_Work\" title=\"How Do Decimal Odds Work?\">How Do Decimal Odds Work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/parimatch.co.tz\/blog\/en\/how-to-read-soccer-odds-on-parimatch\/#How_to_Calculate_Probability_in_Soccer_Using_Odds\" title=\"How to Calculate Probability in Soccer Using Odds\">How to Calculate Probability in Soccer Using Odds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/parimatch.co.tz\/blog\/en\/how-to-read-soccer-odds-on-parimatch\/#How_to_Calculate_Your_Winnings_From_Soccer_Wagers\" title=\"How to Calculate Your Winnings From Soccer Wagers?\">How to Calculate Your Winnings From Soccer Wagers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/parimatch.co.tz\/blog\/en\/how-to-read-soccer-odds-on-parimatch\/#What_Is_the_Difference_Between_Betting_Odds_and_Betting_Markets\" title=\"What Is the Difference Between Betting Odds and Betting Markets?\">What Is the Difference Between Betting Odds and Betting Markets?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/parimatch.co.tz\/blog\/en\/how-to-read-soccer-odds-on-parimatch\/#Are_Odds_Different_in_Pre-Match_Soccer_Betting_and_Live_Soccer_Bets\" title=\"Are Odds Different in Pre-Match Soccer Betting and Live Soccer Bets?\">Are Odds Different in Pre-Match Soccer Betting and Live Soccer Bets?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/parimatch.co.tz\/blog\/en\/how-to-read-soccer-odds-on-parimatch\/#Why_Is_Parimatch_One_of_the_Best_Soccer_Betting_Sites_to_Bet_on\" title=\"Why Is Parimatch One of the Best Soccer Betting Sites to Bet on?\">Why Is Parimatch One of the Best Soccer Betting Sites to Bet on?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/parimatch.co.tz\/blog\/en\/how-to-read-soccer-odds-on-parimatch\/#Soccer_Bet_Article_Summary\" title=\"Soccer Bet Article Summary\">Soccer Bet Article Summary<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/parimatch.co.tz\/blog\/en\/how-to-read-soccer-odds-on-parimatch\/#FAQ\" title=\"FAQ\">FAQ<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/parimatch.co.tz\/blog\/en\/how-to-read-soccer-odds-on-parimatch\/#How_do_you_read_soccer_odds_ratio\" title=\"How do you read soccer odds ratio?\">How do you read soccer odds ratio?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/parimatch.co.tz\/blog\/en\/how-to-read-soccer-odds-on-parimatch\/#How_do_you_calculate_soccer_odds\" title=\"How do you calculate soccer odds?\">How do you calculate soccer odds?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/parimatch.co.tz\/blog\/en\/how-to-read-soccer-odds-on-parimatch\/#How_do_you_read_odds_numbers\" title=\"How do you read odds numbers?\">How do you read odds numbers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/parimatch.co.tz\/blog\/en\/how-to-read-soccer-odds-on-parimatch\/#How_to_read_soccer_odds_1%C3%972\" title=\"How to read soccer odds 1&#215;2?\">How to read soccer odds 1&#215;2?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Soccer_Bet_Odds\"><\/span>What Are Soccer Bet Odds?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Betting odds are a numerical representation of the likelihood that something you bet on will happen. In sports, the betting odds usually refer to the likelihood or probability that a team will win or a goal will be scored.<\/p>\n<p>The more likely something is to happen, the higher the probability. Betting odds show you how high the probability is for something to happen.<\/p>\n<p>If it\u2019s more likely that something will happen \u2014 let\u2019s say a well-known strong team wins \u2014 the financial reward on a wager is low. In this circumstance, the odds are low. If you wager on something far rarer, however, the payout will be higher. The odds will be higher.<\/p>\n<p>Now, to understand how to read soccer odds, you need to distinguish between &#8220;chances&#8221; and &#8220;odds.&#8221;<\/p>\n<p>If the chances of something occurring are 25%, then there would be a 1-in-4 chance of the event happening. This would be written in maths as \u00bc or 1:4.<\/p>\n<p>Sports betting odds can be written in different ways, including the most widespread decimal, fractional, and American odds. Below, we\u2019ll talk about these soccer odds systems in detail.<\/p>\n<p>But maybe you need to learn the basics first? Here is our <a href=\"\/blog\/en\/how-to-bet-on-soccer\/\">ultimate guide on how to bet on soccer<\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Read_Soccer_Odds_on_Parimatch\"><\/span>How to Read Soccer Odds on Parimatch?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>By default, at sportsbook Parimatch, we use decimal soccer bet odds that are the most simple to read. However, in the Parimatch app, you can set up the format to your liking if you are more familiar with fractional, American, or Hong Kong odds.<\/p>\n<p>How do you read soccer betting on the best online sportsbooks, Parimatch? It\u2019s simple. You\u2019ll find betting odds explained below.<\/p>\n<p><a href=\"\/en\/football\/prematch\/1?utm_source=tz_blog&amp;utm_medium=football_prematch&amp;utm_campaign=how-to-read-soccer-odds-on-parimatch\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-756\" src=\"https:\/\/parimatch.co.tz\/blog\/wp-content\/uploads\/Gibraltar_San_Marino.jpg\" alt=\"Gibraltar vs San Marino football betting on Parimatch\" width=\"380\" height=\"177\" \/><\/a><\/p>\n<p>Here is an illustration of soccer bet odds for a match between Gibraltar and San Marino. Gibraltar has lower odds, namely 1.31. San Marino, at the same time, has higher odds of 8.60. The odds for a draw are 4.90.<\/p>\n<p>The odds can help you determine the presumed probability of each team winning. To present the likelihood of each outcome as a percentage, you need to divide 100 by the odds. In this case, the probability of Gibraltar winning is over 76%, while the likelihood of San Marino becoming a winner is about 11%.<\/p>\n<p>This way, soccer bettors know that Gibraltar is a favorite \u2014 a stronger team that has more chances to win this match. San Marino\u2019s higher odds indicate it is an underdog in this game \u2014 they are more likely to lose. The difference between odds demonstrates how significantly one of the teams is believed to dominate the match.<\/p>\n<p>You can also figure out your potential winnings after a correct wager. To determine that, you need to multiply your bet sum by the odds and then detract your wager from the result. For instance, if you bet 10,000 TZS on Gibraltar, your profit will be 3,100 TZS. The odds are low, so your gain is not that big. Meanwhile, with a winning bet on San Marino, you can get a cash amount of 76,000 TZS. However, this situation is less likely.<\/p>\n<p>We hope that by now, it&#8217;s getting easier for you to understand how to read football odds. Now let&#8217;s see how this decimal system works compared to fractional odds or American odds you might have seen before.<br \/>\n<div class=\"btn-box\"><a href=\"\/en\/football\/prematch\/1?utm_source=tz_blog&amp;utm_medium=football_prematch&amp;utm_campaign=how-to-read-soccer-odds-on-parimatch\" class=\"article__button button button_article\" style=\"\" target=\"_blank\">Bet on Football Here<\/a><\/div><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_the_Betting_Odds_Formats\"><\/span>What Are the Betting Odds Formats?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Decimal_odds\"><\/span>Decimal odds<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Decimal odds are represented by a single digit with up to 2 decimal places. This is by far the easiest concept to get to grips with, and decimal betting is straightforward. Let\u2019s look at an illustration.<\/p>\n<p>If there is a 25% chance that Manchester United will beat Wolverhampton Wanderers, then the decimal odds will be written as \u201c4.00\u201d. The chances that the Wolves will score more goals against Man U are, therefore, 75%, making the odds \u201c1.33\u201d.<\/p>\n<p>Further, we&#8217;ll look at more examples of decimal odds so that you can totally get used to them.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Fractional_odds\"><\/span>Fractional odds<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Take the same example as above. There is a 25% chance that Man U will beat Wolves in the upcoming game. In fractional odds, this is shown as 3\/1 or 3:1. This means 3 against 1. If there were 4 chances, the ratio would be 3 of those chances against Man U and only 1 chance for Man U: 3\/1.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"American_odds\"><\/span>American odds<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>American odds are written like -200 or +200. The minus sign \u201c-\u201d means the team is the favorite, and a plus sign \u201c+\u201d makes it the underdog. If the number has a plus sign, this is how much you would win if you bet $100. If the odds have a minus sign, then this is how much you would need to bet to win $100.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Do_Decimal_Odds_Work\"><\/span>How Do Decimal Odds Work?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>To become even more confident about betting with decimal odds, let\u2019s practice with another soccer example:<\/p>\n<p><a href=\"\/en\/football\/prematch\/1?utm_source=tz_blog&amp;utm_medium=football_prematch&amp;utm_campaign=how-to-read-soccer-odds-on-parimatch\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-841\" src=\"https:\/\/parimatch.co.tz\/blog\/wp-content\/uploads\/Wolverhampton_vs_Southampton.jpg\" alt=\"Wolverhampton Wanderers vs Southampton FC Parimatch football betting\" width=\"380\" height=\"148\" \/><\/a><\/p>\n<ul>\n<li>This is a 3-way bet, also known as a football 1X2 bet or a win\/draw\/lose bet. As you can see, there are three options on the Parimatch platform, \u201c1\u201d refers to Wolverhampton Wanderers&#8217; win, X refers to a draw, and \u201c2\u201d refers to Southampton FC&#8217;s win.<\/li>\n<li>In this case, the odds that the Wolves will win are 1.83, meaning there\u2019s a 56.6% chance. A win for the Wolves on a 10,000 TZS bet would mean a payout of 18,500 TZS, making a profit of 8,500 TZS.<\/li>\n<li>A draw has odds of 3.55, which is a likelihood of 28.2%. A 10,000 TZS bet on this result would fetch 35,000 TZS, making a tidy profit of 25,000 TZS.<\/li>\n<li>A win by The Saints, on odds of 4.50, means a 22.2% chance. If The Saints did pull through, however, your 10,000 TZS bet would return you 45,000 TZS, making you 35,000 TZS profit!<\/li>\n<\/ul>\n<div class=\"btn-box\"><a href=\"\/services\/virtual-sports\/?utm_source=tz_blog&amp;utm_medium=virtual_sports&amp;utm_campaign=how-to-read-soccer-odds-on-parimatch\" class=\"article__button button button_article\" style=\"\" target=\"_blank\">Virtual Football Bets<\/a><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Calculate_Probability_in_Soccer_Using_Odds\"><\/span>How to Calculate Probability in Soccer Using Odds<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Sports odds are a solid indicator of how likely an event is to occur. By giving certain occurrences the specific odds shown, sportsbooks are making a statement about the likelihood of an event unfolding. As we\u2019ve already discussed, when we look at soccer odds, the higher the number, the less likely it is to occur. This is true in reverse \u2014 the lower the number, the more likely something is to occur.<\/p>\n<p>To understand how probable an occurrence is, you need to take your soccer betting odds and work backward. Take the soccer example below:<\/p>\n<p><a href=\"\/en\/football\/prematch\/1?utm_source=tz_blog&amp;utm_medium=football_prematch&amp;utm_campaign=how-to-read-soccer-odds-on-parimatch\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-843\" src=\"https:\/\/parimatch.co.tz\/blog\/wp-content\/uploads\/Urawa_Red_Diamonds_vs_Oita_Trinita.jpg\" alt=\"Urawa Red Diamonds vs Oita Trinita Parimatch football betting\" width=\"380\" height=\"148\" \/><\/a><\/p>\n<p>The chance that the Urawa Red Diamonds will beat Oita Trinita is 2.03. Take 100, divide it by 2.03, and there\u2019s a 49.3% chance that the Urawa Red Diamonds will win. The chance of a draw is 29.85%, and the chance of Oita Trinita winnings is 28.99%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Calculate_Your_Winnings_From_Soccer_Wagers\"><\/span>How to Calculate Your Winnings From Soccer Wagers?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The decimal odds system is the most simple way to work out your money won from any correct wager that you place.<\/p>\n<p>To work out how much money you\u2019ve won, you need to take your stake and multiply it by the odds. Then minus your stake from the total, and you have your profit.<\/p>\n<p>For example, if your bet was 30,000 TZS and the odds were 1.54, you\u2019d have a 65% chance to win. If you did win, your payout would be 46,200 TZS. This is the total figure of your stake and your profit.<\/p>\n<p>Next, minus your 30,000 TZS stake from the total amount, leaving 16,200 TZS profit.<\/p>\n<p>Take this soccer game between FC Porto and FC Famalicao:<\/p>\n<p><a href=\"\/en\/football\/prematch\/1?utm_source=tz_blog&amp;utm_medium=football_prematch&amp;utm_campaign=how-to-read-soccer-odds-on-parimatch\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-844\" src=\"https:\/\/parimatch.co.tz\/blog\/wp-content\/uploads\/Port_vs_Famalicao.jpg\" alt=\"FC porto vs FC Famalicao Parimatch football betting\" width=\"380\" height=\"148\" \/><\/a><\/p>\n<p>If you were to bet on FC Porto as the winner, the odds are 1.24, giving you an 80% chance of winnings. If you were to place a 10,000 TZS bet on this match and you won, you\u2019d receive 12,400 TZS as a payout. Minus your stake, you have a profit of 2,400 TZS.<\/p>\n<p>Imagine you bet on FC Famalicao to win. With odds of 10.00, you have a 10% chance of winnings. If FC Famalicao did win, however, you\u2019d get paid 100,000 TZS, making a profit of 90,000 TZS.<\/p>\n<p>When you feel confident about reading soccer bet odds, it&#8217;s time for you to study <a href=\"\/blog\/en\/football-betting-strategies\">football betting strategies<\/a>. We&#8217;ve compiled a guide for you so that you can be more successful in your predictions.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_the_Difference_Between_Betting_Odds_and_Betting_Markets\"><\/span>What Is the Difference Between Betting Odds and Betting Markets?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>While betting odds are numbers that represent how likely something will happen, betting markets are categories of sports wagers you can place. At Parimatch sportsbook, we pride ourselves on being the most diverse betting platform in Africa and in the world. Offering the widest range of online sports betting options, we never miss a football match \u2014 no matter where it is in the world.<br \/>\n<div class=\"btn-box\"><a href=\"\/en\/football\/prematch\/1?utm_source=tz_blog&amp;utm_medium=football_prematch&amp;utm_campaign=how-to-read-soccer-odds-on-parimatch\" class=\"article__button button button_article\" style=\"\" target=\"_blank\">Bet on Football Now<\/a><\/div><\/p>\n<p>Now that you know how to read soccer odds, you&#8217;re ready to explore various betting markets like <span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;football 1x2&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:513,&quot;3&quot;:{&quot;1&quot;:0},&quot;12&quot;:0}\">football 1X2 bets, double chance bets, and others<\/span>. Here are a few popular ones to start with:<\/p>\n<ul>\n<li><strong>1X2 bets<\/strong><\/li>\n<\/ul>\n<p>While some soccer tournaments, leagues, and cups demand a winner, often, there is room for a draw in soccer. These sports bets are represented as 1X2. The \u201c1\u201d refers to the home team winning, while the \u201c2\u201d refers to the away team winning. \u201cX\u201d represents a draw.<\/p>\n<ul>\n<li><strong>Double chance bets<\/strong><\/li>\n<\/ul>\n<p>In a soccer match, where the outcome can be a win, defeat, or a draw, you can bet on two out of three such outcomes. For example, you can predict that team B will win or there will be a draw. If any of these events happen, your bet will win.<\/p>\n<ul>\n<li><strong>Handicap bets<\/strong><\/li>\n<\/ul>\n<p>Handicap betting means that one team is given a handicap. This handicap means points are &#8220;deducted&#8221; from their score. In other words, for a team to win, they must beat the other team, even with their handicap deducted from their final score. In soccer, there is a special market called &#8220;<a href=\"\/blog\/en\/asian-handicap\">Asian handicap<\/a>.&#8221;<\/p>\n<ul>\n<li><strong>Total bets<\/strong><\/li>\n<\/ul>\n<p>Total betting invites you to bet on the total number of goals that might be scored before the match ends. Sometimes called over\/under betting or under\/over, totals betting requires that you bet on whether the total number of goals is over or under the number given by the sportsbook.<\/p>\n<p>There are many more types of bets you can place on Parimatch. Learn about them by reading our article on <a href=\"\/blog\/en\/soccer-bet-types-explained\/\">soccer betting markets<\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Are_Odds_Different_in_Pre-Match_Soccer_Betting_and_Live_Soccer_Bets\"><\/span>Are Odds Different in Pre-Match Soccer Betting and Live Soccer Bets?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>When you bet on a soccer match before it has started, this is called a pre-match wager. This, as the name suggests, means you bet on how you think the match will turn out before it starts.<\/p>\n<p>With pre-match betting, the soccer odds are fixed. All bets are taken 2 hours before the games begin. No matter what happens throughout the game, the odds that you have bet on will stay the same.<\/p>\n<p>Take this soccer game between Crystal Palace and Manchester City:<\/p>\n<p><a href=\"\/en\/football\/prematch\/1?utm_source=tz_blog&amp;utm_medium=football_prematch&amp;utm_campaign=how-to-read-soccer-odds-on-parimatch\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-845\" src=\"https:\/\/parimatch.co.tz\/blog\/wp-content\/uploads\/Crystal_Palace_vs_Manchester_City.jpg\" alt=\"Crystal Palace vs Manchester City Parimatch football betting\" width=\"380\" height=\"148\" \/><\/a><\/p>\n<p>If you were to bet 10,000 TZS on the underdog, you\u2019d be betting on 11.00 odds that Crystal Palace will win. Placing your wager before the game, if Crystal Palace wins, you\u2019ll take home 110,000 TZS. No matter what happens during the game, if Crystal Palace wins, you get that figure.<\/p>\n<p>Live betting works differently, as the live odds can change throughout the game depending on the action. Imagine, for example, that Gabriel Jesus, Man City\u2019s striker, is sent off in the first half. While the odds for betting on Crystal Palace&#8217;s win were 11.00 before, the live odds may go down. This is because it\u2019s now easier for Crystal Palace to make more goals scored, and therefore this result is more likely.<\/p>\n<p>Take the scenario that if you bet 10,000 TZS on a pre-match bet on Crystal Palace, you\u2019d get a return of 110,000 TZS. However, once Jesus is sent off, the odds drop to 8 as Crystal Palace now has a 12.5% chance of winning. Those who place live soccer bets at this moment will only get an odds of 8 and a potential return of only 80,000 TZS.<\/p>\n<p>Of course, this works the other way too. Soccer fans that place live bets watch the action that occurs on the screen and bet according to what\u2019s happening. Where pre-match bets rely on a team\u2019s previous behavior and gameplay, live betting allows you to take into account what\u2019s happening on the day.<\/p>\n<div class=\"btn-box\"><a href=\"\/en\/football\/live\/1?utm_source=tz_blog&amp;utm_medium=football_live&amp;utm_campaign=how-to-read-soccer-odds-on-parimatch\" class=\"article__button button button_article\" style=\"\" target=\"_blank\">Immersive Football Betting<\/a><\/div>\n<p>Did you know that apart from betting on real-life football, you can also bet on simulated virtual football? How\u2019s that? We explain it in our <a href=\"\/blog\/en\/how-to-make-a-bet-on-virtual-soccer\">virtual soccer betting guide<\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Is_Parimatch_One_of_the_Best_Soccer_Betting_Sites_to_Bet_on\"><\/span>Why Is Parimatch One of the Best Soccer Betting Sites to Bet on?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Parimatch gives you all the advantages you would expect of top bookies, such as a diverse array of soccer bets and competitive odds. However, on top of that, Parimatch\u2019s browser-optimized betting platform and IOS\/Android sports betting app provide added convenience so you can place bets on soccer from the comfort of your own home, on the bus to work, out with friends, or wherever you are!<\/p>\n<p>Learn more about why the <a href=\"\/blog\/en\/2020s-top-soccer-betting-app-6-reasons-why-parimatch-sports-betting-app-is-the-best-for-online-soccer-betting\/\">Parimatch app is the best for online soccer betting in 2023<\/a>.<\/p>\n<p>Still not convinced? Here\u2019s what the best of sportsbooks Parimatch has to offer:<\/p>\n<ul>\n<li>Best range of soccer matches in Africa;<\/li>\n<li>Broadest array of betting options;<\/li>\n<li>State-of-the-art betting app;<\/li>\n<li>Secure money;<\/li>\n<li>Simple <a href=\"\/blog\/en\/parimatch-how-to-make-a-first-deposit-on-the-best-betting-site-online-in-tanzania\/\">deposit<\/a> and withdrawal;<\/li>\n<li>Compassionate customer service is available 24\/7.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Soccer_Bet_Article_Summary\"><\/span>Soccer Bet Article Summary<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Learning how to read soccer odds is integral to betting successfully. When we look at betting odds, we see the likelihood that an event will occur in a sporting event, according to the sportsbook.<\/p>\n<p>In soccer, bets can be placed on all kinds of events, from the team winning to the number of goals scored, to the first scored goal, to the number of corners in the match. These different events have varying likelihoods that they will or will not occur. Soccer odds are the mathematical representations of this when it comes to placing a <span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;soccer bet&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:513,&quot;3&quot;:{&quot;1&quot;:0},&quot;12&quot;:0}\">soccer bet<\/span>.<\/p>\n<p>Bear in mind that not all bookmakers have the same odds. This is because bookmakers know about some matches better than others, so their odds reflect how they interpret the potential events that could occur when two teams meet.<\/p>\n<p>As for the best of sportsbooks, Parimatch, we always offer the most competitive soccer betting odds on our online betting platform. Thanks to our in-depth knowledge of global soccer, we provide the best soccer betting odds across Africa.<\/p>\n<p>If you\u2019d like to enjoy our broad range of soccer bets, head to our official website today or download the Android app for soccer betting straight from your smartphone.<\/p>\n<div class=\"btn-box\"><a href=\"\/regtel\/1?utm_source=tz_blog&amp;utm_medium=regtel&amp;utm_campaign=how-to-read-soccer-odds-on-parimatch\" class=\"article__button button button_article\" style=\"\" target=\"_blank\">Sign Up with Parimatch<\/a><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQ\"><\/span>FAQ<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"How_do_you_read_soccer_odds_ratio\"><\/span>How do you read soccer odds ratio?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>When reading the soccer odds ratio, focus on the (-) and (+) signs. So, if you are looking at the odds for the team, a number with a minus sign in front means the favorite team, while the plus sign represents the underdog team. For example, if you see a plus sign in front of a number, that represents how much you win if you bet a certain amount. If you see a minus sign in front of the number, that shows how much you need to bet to win a certain amount.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_you_calculate_soccer_odds\"><\/span>How do you calculate soccer odds?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>For instance, there is a soccer match between teams A and B.\u00a0 Team A has low odds of 1.31 while Team B has higher odds of 8.60, while the odds for a draw are 4.90. Now, to figure out the probability for each outcome to occur, you have to divide 100 by each odd. This makes the probability of team A winning 76% while team B will be 11%. So, the higher the odds, the more likely the team is to lose, making it an underdog (it is a less strong team).<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_you_read_odds_numbers\"><\/span>How do you read odds numbers?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Bookmakers typically use standard decimal odds to read odds numbers. Decimal odds are presented in decimal formats. For instance, in a match between team Bob and team Dick, team Bob may have odds of 1.22 while team Dick has odds of 8.78. This means that team Bob, typically with a stronger standing in the league, is more likely to win (thanks to the lower decimal odds), while team Dick is less likely to win (due to the higher decimal odds).<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_to_read_soccer_odds_1%C3%972\"><\/span>How to read soccer odds 1&#215;2?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Soccer odds 1&#215;2 are the most common betting options for soccer games. The \u201c1\u201d refers to the home team winning, the \u201cx\u201d refers to a draw, and the \u201c2\u201d refers to the away team winning. At Parimatch, the odds are presented in decimal format and represent the payout ratio for a winning bet.<\/p>\n<p>For example, if the odds for a home team win are 2.50, then a 10 TZS bet would return 25 TZS if successful. You can use an odds converter to help you read soccer odds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This skill is crucial for successful betting.<\/p>\n","protected":false},"author":1,"featured_media":1385,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Read Soccer Odds - 1x2 and Other Football Bets<\/title>\n<meta name=\"description\" content=\"Our complete guide will help you understand how to read soccer odds. 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