Are you new to Singapore online betting and find it hard how to understand the different football bets available in the market?
Sports betting is not as complicated as it may seem, but getting big wins can be a challenge altogether. With EURO 2024 coming up, fans are eagerly supporting their teams, hoping for a victory. Even if football isn’t your favorite sport, placing bets can add excitement to the game. Furthermore, it creates a sense of camaraderie with fellow fans.
Well, it’s essential to understand the different types of betting and the probability of winning. It’s also important to keep your stakes low to avoid going overboard with sports betting while still being able to enjoy the game. The key is to approach sports betting with a level-headed mindset. At the same time, always remember that it’s primarily for entertainment.
Different Types Of Singapore Football Betting Markets
1×2: Singapore Online Betting On A Match Winner
If you’re new to sports betting, betting on the outcome of a match can be a straightforward option. At the top online casino in Singapore, you can place a bet on the home team, away team, or a draw. This type of Singapore Online Betting is also known as a “match result” bet.
1×2 football betting can be a great way to dip your toe in the world of sports betting. However, it’s still important to do your research. Then again, only bet at Singapore online casinos what you can afford to lose.
So, let’s look at the Singapore football betting odds for Finland vs Slovenia Euro 2024 qualifying match. It appears that the Singapore online betting site believes Slovenia to be the favorite to win. For every S$1 bet on Slovenia to win, the payout is S$1.97 if they win.
On the other hand, betting on Finland to win the match or a draw yields higher payouts of S$3.05. And, S$3.40 respectively for every S$1 put in, suggesting that they are not favored to win.
However, Singapore football betting odds can fluctuate depending on different factors. This includes current form, injuries, and head-to-head records, among others.
How To Calculate The Singapore Soccer Betting Odds?
To calculate the odds of Finland winning, you can use the formula below:
1/(Finland’s odds) = 1/(3.05) = 0.328
This means that the probability of Finland winning the match is 32.8%. On the contrary, Slovenia winning and a draw comes down to a 50.8% and a 29.4% probability.
You may, however, see that the math isn’t really mathematics. When you put these percentages up, you get 113% — more than 100%.
Why is this so?
The reason why the percentages add up to more than 100% is because of the bookmaker’s margin, also known as the overround.
The bookmaker’s margin is how they make a profit. Singapore online betting sites offer odds that are slightly lower than the true odds. So, they can ensure that they make money, regardless of the outcome of the match.
In other words, the bookmaker’s margin is the difference between the probability of all outcomes and 100%.
Asian Handicap: A Head Start For The Underdog At Singapore Online Betting Sites
The Asian Handicap betting type is pretty popular in Singapore online betting sites. It’s because it seeks to eliminate the possibility of a draw in a football match. Furthermore, scoring half a goal in real life is impossible. That is why, you will often encounter odds formats like +0.25 or -1.5 at top online casinos in Singapore.
The Asian Handicap system aims to level the playing field. Thus, it gives the stronger team a virtual disadvantage and the weaker team a virtual advantage. This is done to ensure that the starting score of one team isn’t zero. Thus, making the game evenly contested.
How Does Asian Handicap Works At Singapore Online Betting?
For instance, you are betting on a Denmark vs Northern Ireland match. Then, you may place a bet on Denmark to win the game despite starting with a -0.5 handicap due to their impeccable form.
Selecting this type of bet implies that Denmark starts the game trailing by a half-goal. On the other hand, Northern Ireland begins at zero. Alternatively, you can bet on Northern Ireland to win the game with a +0.5 handicap at the best Singapore online casino.
Regardless of the outcome, it’s important to consider the handicap while calculating the final scoreline. So, you can determine if you have won the bet or not.
For example, the final score is 0-0. With Asian Handicap in place, Denmark’s final score is -0.5 and Northern Ireland’s final score is 0.
Based on the final score, you have won your bet. It’s because the score for Northern Ireland remains higher than that of Denmark. However, it is important to note that a score difference of at least 0.5 is required to win.
As such, your bet of S$1 has earned you $1.97. In cases where the score difference is only 0.25, you would only receive half of your bet amount. Take note that handicap goals and odds are calculated by Singapore online casinos to ensure long-term profitability.
1/2 Goal: Betting On The Outcome Of The Game
Half goal (1/2 goal) is a betting system that is similar to Asian Handicap. However, the difference lies in the advantages or disadvantages of being in whole numbers or decimal places of 0.5. Thus, eliminating the possibility of winning only half of your bet.
In this scenario, for Wales to win, they must maintain a two-goal lead. On the other hand, Armenia can win by being one goal behind Wales at most.
Pick A Score: Betting On The Final Scoreline At Singapore Online Betting
When it comes to sports betting, placing a bet on the final scoreline can be a challenging task. It’s because it requires precise predictions for both teams’ scores.
Nonetheless, this type of bet offers higher returns compared to other football betting options.
As an example, a 4-4 draw between Malta and England can offer the highest payout of S$400 for every S$1 bet with the lowest odds.
It is worth noting that the final scoreline only includes the 90-minute match. And if the game advances to the 30-min extra time, the bet becomes invalid.
However, you have the option to place an additional bet for the extra time. Besides, the final scoreline does not influence the penalties.
Online Soccer Betting Singapore At Trusted Online Casino Singapore
If you are an avid sports bettor and have a particular interest in football betting, the best Singapore online casino could be an ideal platform for you. This online sportsbook offers the best football odds for online soccer betting in Singapore. LuxeBet88 Singapore online casino allows you to enjoy a superior experience as compared to other platforms.