Currently, there is a popular betting odd in football known as Hong Kong odds. What's the reasoning behind this preference? Let's explore the most comprehensive information about football betting odds through this article.
Introduction to Hong Kong odds
In the world where football is considered the King of sports, there are various betting odds in football betting. Among these, alongside Malaysia odds, Hong Kong odds are the most favored by players.
Not only does it require less capital, but the payout is also very enticing. Coupled with an extremely simple and easy-to-operate gameplay, anyone can participate and generate a significant profit in just 90 minutes of a football match.
Furthermore, if one knows how to invest wisely and hits the right timing, earning over a hundred million in their account balance is easily achievable through betting on football using Hong Kong odds. It's one of the easiest paths to wealth when engaging in online betting.
Specifically, when betting with Hong Kong football odds of 1.00, it means that if you place a correct bet with football tips correct score , you'll win an amount equal to your wager. However, nowadays, many bookmakers support players to place bets on various types of odds according to their preferences (such as opposing odds or favorable odds).
Therefore, depending on your research about each football team, you can adjust the odds according to your desires.
The difference between Hong Kong odds and European odds
Many experts believe that Hong Kong odds are quite similar to English odds but differ in the use of fractional numbers.
The typical European odds are usually set at 1.9. This means that if you bet 10,000 VND and win, you'll receive an amount of 1.9 times 10,000 VND=19,000 VND. In this case, 9,000 VND is the amount you win, and 10,000 VND is your initial capital.
For example: If Chelsea FC plays against Arsenal, and you bet 1,000,000 VND on Arsenal, you'll receive 1,900,000 VND, including 1,000,000 VND as your capital and 900,000 VND as profit.
Conversely, with Hong Kong odds, if the displayed odds are 0.9, it means that if you bet 100,000 VND and win, you'll receive an additional 100,000 VND, totaling 200,000 VND (including both capital and profit). If you lose, you'll lose the initial 100,000 VND capital.
For example: If Liverpool plays against Chelsea FC, and you bet 1,000,000 VND on Liverpool and win, you'll receive 2,000,000 VND including both the capital and profit.
How to read and calculate win-loss in Hong Kong odds?
To understand Hong Kong odds, you need to know how winnings and losses are calculated. There are two specific methods:
(1) Based on European odds to calculate Hong Kong odds
The specific principle is: Subtract one from the European odds to get the Hong Kong odds.
(2) Based on Asian Handicap odds to calculate Hong Kong odds
With this calculation method, you just need to remember that the winning amount equals the bet amount multiplied by the football betting odds, while the losing amount is equal to the amount you bet.
However, note that the winning amount in Hong Kong odds will not include the initial capital.
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Some methods of experts when analyzing Hong Kong odds
To understand how to choose and participate in analyzing odds when betting with Hong Kong odds, there are several experiences and secrets that you need to be aware of.
(1) Understand the rules of football
If you're a novice and haven't truly experienced the feeling of betting on soccer, you might feel overwhelmed by the numerous choices. Therefore, first and foremost, you need to reinforce your knowledge before starting betting.
In this age where information is invaluable, knowing and researching information about soccer teams is never redundant. While studying the tactical situation, the team lineup of each soccer team, you can join groups passionate about soccer betting to learn from the experiences of the experts in this field.
(2) Understand the types of bets in soccer with Hong Kong odds
There are some basic betting types that you need to understand before proceeding:
(2.1) Bet on the house (win, lose, draw)
When betting on this, you have the right to choose one or two teams in the roster. With this house bet, when you lose, you only lose the amount of the placed bet; when you win, you gain money, and in the case of a draw, you don't lose anything.
(2.2) Bet with a ¼ handicap in Hong Kong odds
When choosing this type of bet, you need to consider whether to choose over or under. Additionally, unlike the house bet, if the two teams draw, you will lose half of the bet amount.
Some pitfalls to avoid when betting with Hong Kong odds
According to Long's experience, these are the mistakes that new players often make and lead to unwanted outcomes:
(1) Only choose to participate in reputable bookmakers
The appearance of bookmakers with huge promotional programs often turns out to be a trap. Therefore, you need to be cautious in finding and playing betting at a reputable website to avoid losing money.
(2) Provide yourself with backup plans
When betting, we often think of going 'All-in,' meaning putting all the capital into one option. However, many experts believe this is a mistake, and putting 'all eggs in one basket' could make you more prone to losses and unable to recover the capital quickly.
Therefore, you should have multiple different betting options for a match to have a better chance of recovery and a more certain profit.
(3) Betting on inexperienced odds
The most common mistake many newcomers make when analyzing soccer tips website is placing bets on odds they have no experience with or haven’t researched. This is akin to 'giving away money' and serves no purpose. You should avoid this and stop immediately. The advice here is to join some clubs or find someone who can teach you standard betting experiences before actually starting to bet.
(4) Not keeping up with continuous news updates
For games where scores often change, such as football, being insensitive to news updates is a significant disadvantage. This will make it difficult for you to hold firm when intense matches occur, and the odds are extremely low.
(5) Not understanding the pitfalls of odds
Betting traps exist everywhere, especially in renowned bookmakers. The final advice is to understand the traps set for novices to help you avoid major deceptions and make the best betting decisions.
So, these are some pieces of information you should know about Hong Kong odds. This is a betting ratio in soccer favored by many people worldwide, especially in Vietnam, because of its easy-to-win and money-making nature.
Hopefully, this article will assist you in understanding this golden betting ratio. Best of luck to you all!