In live betting, the odds tell a story. The ability to decode the odds to identify the betting opportunities is the secret to make money, and it is crucial to understand the various odds formats to enable you to make timely decisive bets.

1. Football (Soccer) Betting Tip -
Understanding The Various Odds
Formats To Make Money
Odds are the prices the bookmakers offer which tell you how much you can
win in a bet at a given stake. In general, the higher the odds the lower the
probability of winning and the team is not expected to play as well.
Different bookmakers in different countries offer their odds in different
ways depending on local custom. You can see odds presented in UK
(fractional), European (decimal), US (moneyline) and the formats popularly
used in the Asian betting markets which include Indonesian, Malaysian and
Hong Kong-style odds formats.
In live betting (also known as bet in play, in-game, in-running betting), the
odds tell a story. The ability to decode the odds to identify the betting
opportunities is the secret to make money, and it is crucial to understand the
various odds formats to enable you to make timely decisive bets.
Below is a brief conversion chart of the different odds formats. As there is
much difficulty to present the chart in a table form with neat tabulations,
please do follow the sequence of the odds in accordance with the odds
formats:
UK=>European=>US=>Indonesian=>Malaysian=>Hong Kong
5/1 => 6.00 => +500 => +5.00 => -0.20 => 5.00
3/2 => 2.50 => +150 => +1.50 => -0.67 => 1.50
1/1 => 2.00 ==> 100 ==> 1.00 ==> 1.00 => 1.00
8/11 => 1.73 => -137 => -1.37 => +0.73 => 0.73
1/2 => 1.50 => -200 => -2.00 => +0.50 => 0.50
Please take note of the following points:
1) For the UK and European odds, any payouts above 1/1 and 2.00
respectively are the negative odds in the Malaysian format.
2) The Indonesian odds are like US odds, just divided by 100.

2. 3) Take note that for the US and Indonesian odds vs the Malaysian odds, the
interpretation of positive (+) and negative (-) figures is the opposite of each
other. For example, US +500/Indonesian +5.00 is Malaysian -0.20; US
-200/Indonesia -2.00 is Malaysian +0.50, etc.
Do you want to have 101 football tips to propel your punting edge to a
greater height? Claim a free copy of The Killer Strategy by visiting
http://fooballbetz.blogspot.com/
Understanding The Various Odds Format
Let's take an example of a match between Sydney vs Adelaide at level
handicap and the odds offered are as under:
Match: Sydney vs Adelaide (level handicap) and the odds in the following
formats:
UK=>European=>US=>Indonesian=>Malaysian=>Hong Kong
Sydney To Win => 3/2 ==> 2.50 => +150 => +1.50 => -0.67 => 1.50
Adelaide To Win => 8/11 => 1.73 => -137 => -1.37 => +0.73 => 0.73
It is important to note the difference between your payout after a win, and
your profit, which is the payout minus your staking amount.
UK Odds (Fractional)
UK odds X Your stake = your profit.
Sydney 3/2 (level handicap) Adelaide 8/11
If the stake is $100, the scenarios will be as under:
* If you take Sydney and win, your profit will be $150
* If you take Sydney and lose, you will lose $100
* If you take Adelaide and win, your profit will be $73
* If you take Adelaide and lose, you will lose $100
European Odds (Decimal)
European odds x Your stake = your payout.

3. Sydney 2.50 (level handicap) Adelaide 1.73
If the stake is $100, the scenarios will be as under:
* If you take Sydney and win, your payout will be $250 (profit will be $150)
* If you take Sydney and lose, you will lose $100
* If you take Adelaide and win, your payout will be $173 (profit will be $73)
* If you take Adelaide and lose, you will lose $100
US Odds (Moneyline)
US odds are expressed in positive (+) and negative (-) figures. Positive
figures show the amount you would win for a $100 stake. Negative figures
show how much you need to stake to win $100.
Sydney +150 (level handicap) Adelaide -137
If the stake is $100, the scenarios will be as under:
* If you take Sydney and win, your profit will be $150
* If you take Sydney and lose, you will lose $100
* If you take Adelaide and win, your profit will be $100
* If you take Adelaide and lose, you will lose $137
Malaysian Odds
The Malaysian odds are also in positive and negative figures. Positive
figures show the amount you would win for a $100 stake. Negative figures
show how much you would lose to win $100.
Sydney -0.67 (level handicap) Adelaide +0.73
If the stake is $100, the scenarios will be as under:
* If you take Sydney and win, your profit will be $100
* If you take Sydney and lose, you will lose $67
* If you take Adelaide and win, your profit will be $73
* If you take Adelaide and lose, you will lose $100

4. Indonesian Odds
Indonesian odds are like US odds, just divided by 100.
Sydney +1.50 (level handicap) Adelaide -1.37
If the stake is $100, the scenarios will be as under:
* If you take Sydney and win, your profit will be $150
* If you take Sydney and lose, you will lose $100
* If you take Adelaide and win, your profit will be $100
* If you take Adelaide and lose, you will lose $137
Hong Kong Odds
HK odds x Your stake = your profit.
Sydney 1.50 (level handicap) Adelaide 0.73
If the stake is $100, the scenarios will be as under:
* If you take Sydney and win, your profit will be $150
* If you take Sydney and lose, you will lose $100
* If you take Adelaide and win, your profit will be $73
* If you take Adelaide and lose, you will lose $100
Conclusion
The various types of odds formats do appear confusing at first. It is just a
matter of getting used to one that you are most comfortable with to enable
you to make timely money making decisive bets in your live betting
business.

5. Do you want
to crack the soccer live betting market and make the big bucks with 10
winning strategies? Be sure to claim a free copy of the Midweek Strategy by
visiting http://fooballbetz.blogspot.com/