What Are European Odds? Complete Guide to Understanding and Reading European Odds

European odds are one of the most commonly used betting formats and are especially popular among both beginners and experienced players. Knowing how to read and analyze European odds correctly is essential if you want to make smart betting decisions. So, what exactly are European odds, and how can you interpret them effectively to boost your chances of winning? In this article, Wintips will guide you through everything you need to know about European odds. Let’s dive in!

WHAT ARE EUROPEAN ODDS?

European odds, also commonly known as 1×2 odds, are a type of betting odds that you can easily find on bookmakers' odds boards. European odds are considered easy to understand and simple to play. Unlike Asian handicap odds, which involve point spreads, or Over/Under bets, which focus on total goals, European odds require you only to choose one of three possible outcomes.

In European odds, bookmakers provide three different odds, corresponding to three possible match results: home team wins, draw, or away team wins. To place a bet, you simply select one of these three options. The way to read European odds is also very straightforward, as you don’t need to worry about the exact score. Instead, you only need to focus on the final result after 90 minutes of official play.

DETAILED GUIDE TO READING EUROPEAN ODDS

As explained above, European odds consist of three betting options, each corresponding to a different match outcome: home team win, draw, or away team win. However, to read European odds properly, you must understand the symbols and how these odds are displayed on the betting board.

How to Read European Odds on the Betting Board

On the bookmaker's odds board, European odds are displayed as 1×2. The home team is listed at the top, while the away team is placed below. The third row shows the word "Draw", which represents a tie between the two teams.

Many people often wonder why in some matches, the team at the top is highlighted in red, while in others, the highlighted team is at the bottom. In reality, the red-marked team is the favorite (stronger) team, as assessed by the bookmaker 100.

When reading European odds, you will see three vertical columns, each representing a different betting option:

1: Home team wins

X: Draw (both teams finish with the same score)

2: Away team wins

Your task is to select the betting option that corresponds to your football prediction championship, based on the odds offered by the bookmaker. With three possible outcomes, your winning probability is 33.33%, which is relatively high for beginners. However, to maximize your success in betting, you should understand how to read European odds for different tournaments and matches.

EFFECTIVE TIPS FOR READING EUROPEAN ODDS

Avoiding Bookmaker Traps

In many matches, you may notice a significant difference between the odds for a home team win and a loss. This is often a trap set by bookmakers to lure players. When odds are high, offering the chance to win big, many bettors are tempted to place bets hoping for a large payout.

However, winning in matches with highly skewed odds is not easy. Even a draw can be unlikely in such cases. Therefore, you should carefully analyze the situation before placing bets on such matches.

Choosing the Right Time to Bet

When learning how to read European odds at bookmakers like Fun88, timing is also crucial. Placing bets at the right moment allows you to make the most accurate choices. Ideally, you should place your bets 3-5 days before the match begins. This period is considered optimal for odds analysis and betting, as the odds are usually more stable and less volatile.

As the match day approaches, bookmakers may continuously adjust the odds, causing confusion among bettors. You should avoid placing bets at the last minute to prevent making incorrect predictions.

FINAL THOUGHTS

Hopefully, this article has helped you understand what European odds are and how to read them effectively. With a bit of research and analysis, you can make more accurate betting choices and increase your chances of winning. Happy betting!