Sports Lottery Odds | Three World Football Lottery Odds Let You Know!
Updated: Jun 25
For those of you who love to play the lottery, have you ever been confused about football lottery odds, can't understand all kinds of lottery odds algorithms, and are always confused about European odds, British odds, and American odds? Novice players who are new to sports lottery, don't worry, after reading this introduction to the World Football Cup 2022 World Football lottery odds, you will not be trapped by the odds, so you will no longer feel at a loss in the World Cup lottery!
Top 3 Sports Lottery Odds You Need to Know
Players who love to play the lottery should not be unfamiliar with "odds". The multiplier can be estimated through calculation. Generally speaking, the team with a higher winning rate has lower odds.
The odds are divided into three categories: European odds, British odds, and American odds.
As for how they calculate it?
World Football Lottery Odds European Odds:
Also known as decimal odds, it was one of the most important odds in Europe in the early days, and is now more and more popular all over the world.
The odds number represents the multiple of your stake back.
Ex: 1.40 = Bet 100 yuan, profit 140 yuan.
In addition, 1 divided by the European odds can also be used as the calculation of the winning rate.
Ex: 1÷1.40=0.714, the winning rate is 71.4%
World Football Lottery UK odds:
Also known as British odds or traditional odds, it is one of the main odds used in the UK, but the number of users is gradually decreasing.
The first digit in this World Football Betting odds score represents the amount you bet, and the second digit represents the amount you can profit from each bet.
Ex: 4/1 = Bet 100 yuan, profit 400 yuan.
World Football Lottery Odds American Odds:
Also known as American odds, the odds are used mainly in the United States.
This odds number represents how much profit you can make on $100.
Ex: +400 = Bet 100 yuan, profit 400 yuan.
Of course, there are so many kinds of odds calculations they all have a simple common formula, you can understand how they are calculated, but this does not mean that all lottery companies are calculated in this way.
(This method is based on European odds)
A÷B -C10%=odds result
A → base 100 for estimated percentage odds
B → The percentage probability estimated by the lottery company
The result of C → A÷B
Ex: Assuming the winning team has a 40% chance, it is calculated by the above formula:
The lottery company will also offer odds of 2.25.
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Of course, the odds analyzed by the lottery companies must be one-sided, and the problem of data gap is prone to occur. Therefore, usually, the lottery companies will open the odds according to the expectations of most people in the market to conform to the views of most people. Perhaps These are not the real thoughts and opinions of the lottery company but follow the laws of the market.
Of course, only the odds offered by one sports lottery company are prone to bias, so the odds offered by more than 20 sports lottery companies in different regions are usually used to average the odds to filter out excessive deviations. data, making the data more authentic and referential.
However, our LUCKY11 online casino, whether it is the security of the website or the accuracy of the odds, is very worthwhile to refer to. If you can't wait to practice it, then go to LUCKY11 online casino to start your lottery betting, Look no further!