The way to convert European odds to Asian odds is one of the top concerns of bettors at football betting websites. Many people still do not really understand the nature of these two types of odds and mistakenly believe that they are unrelated. To help players better understand the above issue, the following article will answer all questions related to Asian and European odds, as well as how to convert between them. Now, let’s explore.
Understanding European odds
This is an extremely popular type of odds at bookmakers today. This betting form is also known as “European Odds.” You will have 3 forms to bet with the symbols 1 x 2, where:
- 1: This represents that the home team will win
- x: This represents that the two teams will draw (Draw option)
- 2: This represents that the away team will win.
You need to study the developments related to the match carefully to easily win here: Effective way to play European odds.
Understanding Asian odds
Asian Odds is commonly known as Handicap. This betting form is much easier to understand than European odds. Therefore, it is not surprising that it attracts a large number of players.
In this betting type, the weaker team will have the bookmaker adjust the “handicap” rate accordingly. One more special point is that the probability of winning in Handicap is much higher than in Odds. However, the amount you can win will not be as large as in European odds. Visit here for a complete guide on how to read football odds in Asia.
The relationship between Odds and Handicap odds
At first glance, these two types of betting seem unrelated. One side is betting mainly based on probability, while the other is based on the bookmaker opening multiple options. However, they share a common point in that they both relate to probability calculation. If you want to win in any form, you must calculate very carefully. Analyze each factor related to that match and decide to place your bet.
Reasons to consider converting European Odds to Asian Odds
You should convert European odds to Handicap for the following reasons:
- Asian odds will give you a higher probability of accurate prediction (over 50% compared to Odds)
- The profit percentage at bookmakers is not the same
- At bookmakers, the amount of money spent on betting is completely different.
Because of these reasons, players need to skillfully convert Odds to Handicap to calculate accurately. At the same time, create as many advantages for themselves as possible.
How to convert from European odds to Asian odds
Conversion rate for draw odds
For the draw odds, we will have the formula:
- Home team wins = 1/[probability of home team winning/[probability of away team winning + Probability of home team winning]]
- Away team = 1/[1 – Home team wins]
Conversion rate for half draw odds
In the half-point odds, you need to pay attention to:
- Winning odds for the favorite team: “FT1” : 2.00 – 2.1 Where the lower winning odds will be better.
- Draw odds “FTX” : 3.20 – 3.40
- Losing odds “FT2”: 3.20 – 3.60. In this case, if FT2 is higher, there is a possibility: the loser – has less money.
- FT1 is the lowest
- FT2 is the highest and must always be higher than FTX
- FTX is always the highest.
Conversion rate from Water Money
We will have a fluctuation rate from 1.25% – 7% of the two sides calculated for Asian odds. However, players will not be able to see this in the European betting format.
The conversion rate will be calculated based on the formula: Payout is calculated by 3 sides, based on Fixed Odds of the European odds with 3 sides win/draw/lose
➡️ We will have the rate:
Conversion rate from Fixed Odds
Understanding Fair Odds is completely impossible. Participants only have the right to know the Odds – in the market.
We take one European odds side as a standard if the market conversion rate – Fixed Odds – of |Europe| to |Asia| odds. In the opposite case, do it in a similar way.
Conclusion
We have just learned in detail about how to convert from European odds to Asian odds.
Indeed, it is not simple if you just skim through.
Try to read each step and the conversion method carefully. You will be able to easily perform and convert it right away.
Wish you success.
