How to Easily Convert European Odds to Asian Odds
In football betting, European odds offer a simple approach with various advantages, while Asian odds make it easier to choose your bets and maintain long-term success. Many experienced bettors know how to convert European odds to Asian odds to ensure significant profits. If you are wondering whether it is difficult to convert European odds to Asian odds or how to do it, this article will clarify that for you and provide 1x2 soccer tips to increase your chances of success.
The Relationship Between European and Asian Odds
European odds are commonly used in football betting across Latin America and Europe. This type of betting involves wagering on three possible outcomes: win, lose, or draw.
Asian odds, on the other hand, are tailored for the Asian market, focusing on evaluating the relative strengths of the two teams. Asian odds create balance in a match by introducing a handicap system. They serve as the basis for betting on the favorite or underdog and even extend to specific bets like corner kicks or penalties.
While both types of odds are easy to understand, European odds require you to predict a win, loss, or draw for a match, based purely on the final score. In contrast, Asian odds focus on either winning or losing, as draws in these bets result in either a loss or the refunding of half the bet, depending on the handicap applied.
Why Convert European Odds to Asian Odds?
Several reasons suggest why converting from European odds to Asian odds can be beneficial:
Different win rates: European and Asian bookmakers offer different win percentages.
Varying betting stakes: The stakes in Asian odds differ significantly from European odds.
Odds and handicaps: Asian odds rely on the calculation methods already applied to the earlier European odds, but the profit margins differ between the two systems. Generally, Asian odds offer a lower margin, but they also carry lower risks.
Bookmakers often adjust odds as the match approaches, based on expert analysis and updated match information. By predicting win/loss outcomes using information provided by Premier League predictions , bettors can better understand the relationship between these odds, ultimately leading to more profitable bets.
Mechanisms for Converting European Odds to Asian Odds
Converting to the "Draw No Bet" (Level Handicap)
The formula to convert European odds to the level handicap is as follows:Home team win = 1 / (home team win probability / (away team win probability + home team win probability))
This formula may look complex at first glance, but when applied to live match data, it becomes much easier to comprehend and use effectively.
Converting to the "Quarter-ball Handicap"
For those who are risk-averse, a quarter-ball handicap is a common choice. Here are the criteria you should consider when choosing quarter-ball bets:
FT1 odds (Full Time Home win odds): A range of 2.0 - 2.1 is ideal for a lower-risk bet.
FTX odds (Full Time Draw odds): If the odds for a draw are within 3.2 - 3.4, the risk is minimized.
FT2 odds (Full Time Away win odds): Odds between 3.2 - 3.6 indicate that the higher the odds, the lower the potential loss for the bettor.
The simpler way to approach this is to choose the lowest FT1 (home win) odds, the highest FTX (draw) odds, and adjust your bet according to those values.
Percentage Calculation from "Water Money"
When converting European odds to Asian odds, understanding the percentage of "Water Money" (the bookmaker's commission) is critical. This percentage typically ranges from 1.25% to 7%. The formula used to calculate this is:
Payout percentage = 100% - bookmaker's margin
This percentage reflects how much you can expect to receive from a winning bet after accounting for the bookmaker's commission.
Converting Half-ball Handicap Odds
The half-ball handicap is another popular form of Asian handicap, and understanding how to convert this from European odds can give you an advantage. In this system, there’s no chance for a draw, which means a team must either win or lose. The simplest way to convert from European odds to a half-ball handicap involves applying a straightforward calculation based on probabilities and odds available from the bookmaker.
How to Calculate Half-ball Handicap Odds:
Step 1: Analyze European Odds: Start with the European odds offered for a match, focusing on the odds for a win, draw, and loss.
Step 2: Calculate Probabilities: Convert the European odds into implied probabilities for each outcome (win, draw, lose).
Step 3: Apply Handicap Logic: Depending on whether you are betting on the favorite or underdog, adjust these probabilities using the Asian handicap system to ensure there are only two possible outcomes (win or lose).
For example, if you are betting on a match where the home team has stronger European odds, the Asian handicap will account for this by setting a half-ball advantage for the weaker team. This allows for more accurate betting and minimizes risks associated with a draw.
Conclusion
Converting European odds to Asian odds is a relatively simple and straightforward process that can significantly enhance your betting strategy when applied effectively. By following the formulas and guidelines provided by the best premium soccer tips , you can take full advantage of the benefits that both odds systems offer. Understanding the relationship between these two systems allows you to maximize your betting potential.
With the strategies shared in this article, you now have a solid foundation for converting and betting more effectively on Asian odds. Enjoy your betting experience, and good luck!