What Are Even Odds In Betting

  1. Total goals (odd/even) betting type is kind of confusing to some people.guest so many of us did odd and even number at school.odd number simply means those number that when you try to divide by 2, will not give you a common number instead it will give you a number that has dot.that is when you try to divide 3 by 2, it will give you 1.5, which is an odd number.on the other hand, even number is.
  2. With odds of +140, the break-even win percentage is just 40.8%. If you believe Team B is going to win 60.0% of the time and the line is -160, then you have a wager you should avoid. Despite your confidence in this team, if they actually only win that game 60.0% of the time, then you’ll be losing money as the break-even win percentage is 61.5%.

An outside bet (for example odd or even, red or black, 1-18 or 19-36) often gives players the best chance of a payout. Half of the possible outcomes of a game of roulette are covered by 'outside.

Even money is a wagering proposition with even odds - the bettor stands to lose or win the same amount of money. Beyond gambling, even money can mean an event whose occurrence is about as likely to occur as not. Even money is also known as 50–50.

In professional gambling, even money bets typically do not have odds that are indeed 50–50. Therefore, successful gamblers have to examine any bets they make in light of the odds really being even money.[1] For example, in roulette, betting on red or black is an even money bet. However, the presence of the green 0 and the 00 means that statistically the bettor will lose more than 50% of the time. There are variations of the game that offer en prison on 37 number tables so if a 0 is rolled, the bettor neither wins or loses but his or her bet rides again on the next roll; if the bet-upon event occurs on the second spin, the even-money wager is returned to the bettor. There still is not a 50-50 chance of winning, but a lot closer, since the house edge is reduced by almost 50%.[2]

In blackjack, even money bet is a side bet offered to a player that has a natural (an Ace and a ten-valued card) in case the dealer has an Ace as a face-up card. This bet costs half the size of the original bet. Even money bet protects the player from a push if the dealer has a blackjack. In case the dealer does have a blackjack, the player will push on the original bet and get a 2 to 1 payout on the even money side bet. However if the dealer does not have a blackjack, the player will be paid 3 to 2 on the original bet and lose the even money bet. Mathematically, requesting 'even money' on a natural on a table that pays 3:2 for a natural is the same as an insurance bet since the 50% bonus is being used to buy the insurance.[3]


  1. ^'Poker, Gambling and Life, Caro on Gambling'. Archived from the original on 2007-03-07. Retrieved 2007-02-13.
  2. ^Roulette Systems?
  3. ^'Basic Blackjack Rules'. CasinoObserver.com. Retrieved 2013-03-01.
Retrieved from 'https://en.wikipedia.org/w/index.php?title=Even_money&oldid=988119203'

What is Odd or Even Goals Betting?

What Are Even Odds In Betting Odds

Odd or even goals betting is where you will be betting on if the amount of goals that a match produces is an even or odd number, simply by adding them together. 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 betters 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.

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The odds will usually be around 1.9 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.

Almost all bookmakers offers Odd or Even goal betting, including the US-friendly sites Bookmaker and TwinSpires, as well as the rest-of-world bookies Bet365, 888 Sports, Paddy Power and William Hill.

Why Should I Bet on Odd or Even Goals?

What Are Even Odds In Betting Odds

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.


What Are Even Odds In Betting

Can I Make a Profit Betting on Odd or Even Goals?

Betting Odds What Is Negative

It is possible to make a profit if you choose to bet on odd or even goals. The way that most people do it is due to them getting lucky for a period of time, but if you want to remove the luck factor it is still possible. 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.