Odd Even meaning and betting strategy
What is an Odd Even bet?
Odd Even bets are based on the number of points or goals scored in a match, a half, a game, a set or series of matches resulting in an odd or even number. Odd Even betting can be implied to both halftime and fulltime series of matches. It’s higly recommended to remember that for Odd Even bet a 0-0 score is considered even. Bookmakers consider only regular time to verify an Odd Even bet. It means that for Odd Even bets injury time is included, extra time and penalty shootout are excluded.
The betting options for this type of bet are two:
Odd = The total goals scored in the match will be an odd number.
Even = The total goals scored in the match will be an even number.
Odd or Even goals bets is something relatively new that bookmakers have started to offer to their customers and it is becoming increasingly popular among Bettingrunner Tipsters because of the good odds it provides. However it can be very difficult to predict as it only takes one goal to change your coupon from a winning to a losing, which is why most of the good betters stay away from options like these.
The odds for Odd Even bets will usually be around 1.9 or 2.00 for both options, giving the bookie a small edge against betters who are interested in betting, but it is possible to beat the bookie if you do some statistical research before you place your bets, as it will show a pattern of the team’s performance goal wise.
Odd Even combinations and examples
Option number 1: If you select Odd, you win if the total number of goals scored in the match is odd (1, 3, 5 etc.).
Option number 2: If you select Even, you win if the total number of goals scored in the match is even (2, 4, 6 etc.)
| EVEN to Win | Chelsea | Man United | Total | Results |
|---|---|---|---|---|
| $ 100 | 2 | 1 | 3 | Loss |
| $ 120 | 3 | 1 | 4 | Win |
| $ 200 | 0 | 0 | 0 | Win |
| $ 300 | 1 | 3 | 4 | Win |
| $ 150 | 0 | 2 | 2 | Win |
| $ 100 | 3 | 2 | 5 | Loss |
Advantages of Half Time Full Time Bets
Odd Even betting isn’t a known format for many players. However, if you wish to take it seriously you will need some plans and strategies in order to achieve success on it. The strategy for odd or even betting is pretty simple, but at the same time really complex. To put it shortly your goal is to guess what is the chance of each result happening and then adding up the percentages for odd and even results.
After you have done that you should compare the number to the odds offer, if for an example you think that the odds of the game ending 0-0, 1-1, 2-0 or on any other even number when added up are 60% you should place a bet with odds of 1.67 (decimal odds) or higher (60*1.67=100.2 and you are getting value when the probability * odds is over), this way you can assume that you are making a value bet. And after all making a value bet should always be your goal in sports betting.
You should bet on odd or even goals if you like to have two possibilities only when betting and odds that are very close to make you breakeven in the long run. Furthermore if you have a love for statistics, it is possible to make a good profit long term by analyzing these numbers in depth.
However if you do not prefer this kind of betting where you have to analyze a lot to make a profit, then this is not for you in any way. It takes a lot of preparation and work to make a profit on odd or even goals, as it will otherwise be a 50/50 bet where you only get 1.9 times your money back.
You will need to devote a decent amount of time to analyzing previous results, look at current form of the teams and their attackers and so on. By doing so, you will have an edge in the long run, which will give you a decent sized profit and return of investment.
Why Odd Even bet strategy is difficoult (Basketball particularly)
The chances that the points scored by a team in a game to be odd or even are the same as the chances of head and tail to come out when we flip the coin, meaning 50%. Especially in sports as basketball where the scores are high and the points occur more than one at a time. It’s only a game of numbers. If we know that the real probability for each outcome is 50% we can use the laws of binomial distribution to estimate the chances of events to occur in trials.
Odd Even Betting Guide is posted within well researched articles, providing you with great Odd Even information for your bets.
