Kèo Odds is what? If you are a professional player at football betting websites, you will definitely know very well about this type of odds. This is one of the common terms in football betting. For newcomers who are just starting out, you must read the instructions below to master how to read football odds.

What is Odds?

Odds is one of the common betting terms understood as the exchange rate that the bookmaker pays to the player if they predict correctly. Usually, the bookmaker will offer different rates based on the factors of the match. Not only that, but these Odds are not fixed and will change continuously when the game starts.

Understanding the payout rates of bookmakers will help you calculate your winnings and find out which bookmaker is offering high rates to participate in making a profit. Currently, the football betting bookmakers have the following basic types of Odds for players to choose from.

Guide to analyzing odds of various types

Currently, when entering the odds table of any bookmaker, you will also see the popular odds rates below.

How to analyze Decimal Odds – European Odds

European Odds are always greater than 1.00 and on the odds table, there will be displayed the betting amounts and winnings of the players.

how to analyze european odds — Choose the display style of European odds
**How to calculate money in football betting** 1×2 if you win this bet as follows:

**Amount received = Bet amount x European Odds**

**Example**: Bet 1 million, Odds = 1.2 then winnings = 1,000 x 1.2 = 1.2 million. If you lose, you will lose the initial deposit of 1 million. European Odds change the display parameters of the entire odds table, different from the normal 1×2 European betting style. For specific details about European odds, please refer to the article **what is 1×2 betting**.

How to analyze HK Odds – Hong Kong Odds

This type of bet only displays the winnings received, so it can be easily distinguished from European odds.
[caption id="attachment_8787" align="aligncenter" width="700"] Display HK is Hong Kong odds
The way to calculate money for this type is also very simple:

**Amount received = Initial bet amount + (Initial bet amount x Hong Kong Odds)**

It can be seen that this calculation method is different from European Odds. If the same bet is 1 million, Odds is 1.2 then the amount received will be 1,000 + (1,000 x 1.2) 2.5 million VND.

See an overview of how to calculate and experience placing Hong Kong betting odds to understand more in the article: **What are Hong Kong betting odds**? Tips for reading and catching good odds

Guide on how to analyze Indonesia odds – IND

Choosing to play this form, you will see negative and positive indicators on the odds table with Odds levels from 1.00 and above.
[caption id="attachment_8788" align="aligncenter" width="700"] IND odds table
The way to calculate winnings for this type is as follows:

**Winnings for positive Odds** = Bet amount + (Bet amount x Indo Odds). If you lose, you will lose the entire bet amount.

**Winnings for negative Odds** = Bet amount + (Bet amount / |Indo Odds|). If you lose, the deducted amount = Bet amount x |Indo Odds|

Vaobo88 also has a detailed analysis article on **Indonesia odds**, make sure to refer to it thoroughly to master the gameplay.

d) MY Odds – Malay Odds

On the odds table, Malay Odds will show negative and positive numbers that are easy to recognize and similar to the Indo currency exchange rate.
[caption id="attachment_8789" align="aligncenter" width="700"] Malay odds display table
The calculation of money for this type also depends on whether the Odds are negative or positive. The formula for calculating money for this type is similar to Indo Odds. See the full experience of betting on **Malaysia odds** to gain more confidence when placing bets.

e) US Odds – American Odds

The rate of American Odds is based on Hong Kong odds, and we have specific calculation methods as follows: **? Hong Kong < 1.00:**

American Odds = -1/Hong Kong Odds

Winnings = Bet amount x Hong Kong Odds.

If you lose, the lost amount = Bet amount x American Odds.

**Example**: Bet 1 million with Hong Kong odds of 0.7. If you win, you will earn 1,000 x 0.7 = 700, if you lose, you will lose 1,000 x (-1/0.7) = 1.42 million. **? Hong Kong Odds > 1.00:** If you win, the player receives money according to the formula Winnings = Bet amount x Odds. If you lose, you will not get back the bet amount. **Example**: Place a bet of 1 million, Odds are 1.5, then the winnings are 1.5 million VND.

How to analyze Odds – Effective odds viewing formula

Currently, there are 3 main sources for analyzing Odds:

Next Goal.

Fixed Odds or 1×2.

Online betting houses

The method of analyzing Odds is quite complex, but we can go into practical examples to make it easier to understand as follows.
[caption id="attachment_8575" align="aligncenter" width="700"] Sharing effective Odds analysis methods.
If Fixed Odds have rates of 1.75, 2.3, 4.5, we will see the corresponding symbols on the odds table as follows:

**F1: 1.75** – Predicting the home team scores first will have a payout rate of 1.75.

**FX: 2.3** – The rate when no team scores is 2.3.

**F2: 4.5** – The away team scores first will have a rate of 4.5.

We can calculate the scoring probability of the 3 cases above using the formula:

**m1 = 1/n1** = 1/1.75 = 57.1%

**mX = 1/nX** = 1 / 2.3 = 43.4%

**m2 = 1/n2** = 1/4.5=22.2%

In reality, this rate will be higher than actual and is calculated using the formula:

**T = m1 + mX + m2 = 57.1 + 43.4 + 22.2 = 122.7%**

Therefore, it is necessary to have a **method to analyze running Odds** accurately, the standard ratio to balance probabilities and increase the total winning rate.

Analysis of 3 stages in Odds analysis

In a match, there are always 3 stages of Odds analysis that you should know.

1/ Open Odds

This odds ratio only appears early in important matches and can be up to 2 weeks before the match takes place. Depending on the bookmaker, the time to open the odds will vary. When the odds have opened, players should refer to information related to the match such as form, match history, lineup, form, playing strategy… to get the most accurate assessment.
[caption id="attachment_8576" align="aligncenter" width="700"] Stages when analyzing odds.

how to analyze hk odds — Choose the display style of European odds
**How to calculate money in football betting** 1×2 if you win this bet as follows:

**Amount received = Bet amount x European Odds**

**Example**: Bet 1 million, Odds = 1.2 then winnings = 1,000 x 1.2 = 1.2 million. If you lose, you will lose the initial deposit of 1 million. European Odds change the display parameters of the entire odds table, different from the normal 1×2 European betting style. For specific details about European odds, please refer to the article **what is 1×2 betting**.

How to analyze HK Odds – Hong Kong Odds

This type of bet only displays the winnings received, so it can be easily distinguished from European odds.
[caption id="attachment_8787" align="aligncenter" width="700"] Display HK is Hong Kong odds
The way to calculate money for this type is also very simple:

**Amount received = Initial bet amount + (Initial bet amount x Hong Kong Odds)**

It can be seen that this calculation method is different from European Odds. If the same bet is 1 million, Odds is 1.2 then the amount received will be 1,000 + (1,000 x 1.2) 2.5 million VND.

See an overview of how to calculate and experience placing Hong Kong betting odds to understand more in the article: **What are Hong Kong betting odds**? Tips for reading and catching good odds

Guide on how to analyze Indonesia odds – IND

Choosing to play this form, you will see negative and positive indicators on the odds table with Odds levels from 1.00 and above.
[caption id="attachment_8788" align="aligncenter" width="700"] IND odds table
The way to calculate winnings for this type is as follows:

**Winnings for positive Odds** = Bet amount + (Bet amount x Indo Odds). If you lose, you will lose the entire bet amount.

**Winnings for negative Odds** = Bet amount + (Bet amount / |Indo Odds|). If you lose, the deducted amount = Bet amount x |Indo Odds|

Vaobo88 also has a detailed analysis article on **Indonesia odds**, make sure to refer to it thoroughly to master the gameplay.

d) MY Odds – Malay Odds

On the odds table, Malay Odds will show negative and positive numbers that are easy to recognize and similar to the Indo currency exchange rate.
[caption id="attachment_8789" align="aligncenter" width="700"] Malay odds display table
The calculation of money for this type also depends on whether the Odds are negative or positive. The formula for calculating money for this type is similar to Indo Odds. See the full experience of betting on **Malaysia odds** to gain more confidence when placing bets.

e) US Odds – American Odds

The rate of American Odds is based on Hong Kong odds, and we have specific calculation methods as follows: **? Hong Kong < 1.00:**

American Odds = -1/Hong Kong Odds

Winnings = Bet amount x Hong Kong Odds.

If you lose, the lost amount = Bet amount x American Odds.

**Example**: Bet 1 million with Hong Kong odds of 0.7. If you win, you will earn 1,000 x 0.7 = 700, if you lose, you will lose 1,000 x (-1/0.7) = 1.42 million. **? Hong Kong Odds > 1.00:** If you win, the player receives money according to the formula Winnings = Bet amount x Odds. If you lose, you will not get back the bet amount. **Example**: Place a bet of 1 million, Odds are 1.5, then the winnings are 1.5 million VND.

How to analyze Odds – Effective odds viewing formula

Currently, there are 3 main sources for analyzing Odds:

Next Goal.

Fixed Odds or 1×2.

Online betting houses

The method of analyzing Odds is quite complex, but we can go into practical examples to make it easier to understand as follows.
[caption id="attachment_8575" align="aligncenter" width="700"] Sharing effective Odds analysis methods.
If Fixed Odds have rates of 1.75, 2.3, 4.5, we will see the corresponding symbols on the odds table as follows:

**F1: 1.75** – Predicting the home team scores first will have a payout rate of 1.75.

**FX: 2.3** – The rate when no team scores is 2.3.

**F2: 4.5** – The away team scores first will have a rate of 4.5.

We can calculate the scoring probability of the 3 cases above using the formula:

**m1 = 1/n1** = 1/1.75 = 57.1%

**mX = 1/nX** = 1 / 2.3 = 43.4%

**m2 = 1/n2** = 1/4.5=22.2%

In reality, this rate will be higher than actual and is calculated using the formula:

**T = m1 + mX + m2 = 57.1 + 43.4 + 22.2 = 122.7%**

Therefore, it is necessary to have a **method to analyze running Odds** accurately, the standard ratio to balance probabilities and increase the total winning rate.

Analysis of 3 stages in Odds analysis

In a match, there are always 3 stages of Odds analysis that you should know.

1/ Open Odds

This odds ratio only appears early in important matches and can be up to 2 weeks before the match takes place. Depending on the bookmaker, the time to open the odds will vary. When the odds have opened, players should refer to information related to the match such as form, match history, lineup, form, playing strategy… to get the most accurate assessment.
[caption id="attachment_8576" align="aligncenter" width="700"] Stages when analyzing odds.

2/ Live Odds

This is the odds ratio announced by the bookmaker one day before the match and can fluctuate continuously. The reason is that many factors affect this ratio, especially when the number of players on one side increases suddenly. This fluctuation ensures that the bookmaker does not lose when most players predict correctly. The change in Odds is how the bookmaker balances the number of players on both sides.

3/ Odds Running

When the match is ongoing, the bookmaker also releases betting odds called Odds Running or fluctuating odds (See more about what fluctuating odds are) At this time, the bets on both sides have balanced. They will fluctuate continuously throughout the match and depend on the ongoing match events. If you do not clearly understand how bookmakers set odds, you can easily get caught up in false statistics that align with their interests. As a result, you may lose your bet and regret it very much.

10 Tips for Analyzing Odds to Always Win Bets

Analyzing Odds is not simple because they can change continuously. Players cannot place bets randomly, betting wherever without thinking. Remember the tips below and establish a framework before each of your bets:

Be confident and calm to make the most accurate analysis and predictions.
Do not bet big, all in regardless of the outcome, understand how to calculate small bets.
Refer to the information provided by the bookmaker and many sources to make the most accurate assessment.
You can refer to the analysis and experiences of experts.
Join football betting forums to learn about match assessments.
Consider whether the match is important or if there is tension between the two teams.
Monitor the odds provided by the bookmaker close to the match day to know the trend of the majority of players’ choices.
Know how to read the odds and fixes from the bookmaker to know if the conversion rate is accurate.
The common formula for analyzing Odds is if you see Odds ending in 1, 2, 3, 4, 6, 7, 8, 9, do not consider it as Odds. If it ends in 0, 5 then
It will divide 1 whole into 4 parts: 1 draw, ¾, ½, ¼ corresponding to odds of 0.25, 0.5, 0.75, 1.25…

10 Effective tips for betting on Odds.

Conclusion

Above are the most basic methods to analyze Odds in football that any bettor needs to know. If you grasp them how to release football odds then you will definitely encounter more luck and success when participating in this sport.