Anyone who wants to get started with football betting needs to understand one thing first: the odds. If you think wagering on this sport is about your guts telling you who will most likely win the game, then that’s far from reality. Behind every bet, certain odds need to be considered for a more strategic and informed gameplay.
And that is exactly what this article will help you to do. The best odds won’t wait, so why do you? Don’t just trust your gut, back your pick in every moment of your online football betting Singapore right now!
What Are Football Betting Odds?
Football betting odds are numbers that show two significant things: the likelihood of an event happening and the prize money you can receive if your bet is successful.
To put it simply, they are a mirror of probability, determined by the bookmakers in such a way as to equalize risk and potential payout. For instance, a team with low odds is the one most favored to win; conversely, high odds indicate that the team is less likely to win, but the payout will be larger.
Football betting can be in the form of decimal, fractional, and American formats. Once you learn to read them, it won’t be hard to tell which bets have good payouts and which ones are not worth taking the risk.
Types of Football Betting Odds Explained
To have a better grasp of football betting odds, focusing on its three main types is key. They are widely used across various platforms across the globe, but each of them differs from the others. Let’s break them down one by one so you can easily compare them with confidence.
Decimal
Decimal odds are the predominant format in Singapore and most parts of Europe. They give the total sum that you will get back for each dollar bet, including your stake.
The format is simple and can be quickly understood. Take GoPlay711 football odds Singapore as an example. It is quite popular among beginners and even seasoned punters who want fast calculations and the potential returns to be very clear.
Example:
Premier League Match
- Manchester City: 2.10
- Draw: 3.60
- Brentford: 3.40
Fractional
Fractional odds are the old style, along with the UK, where they are widely used. They indicate the profit you are going to make on your stake. Even though this format might appear outdated, it is still very much alive among those who want to have a clearer view of the margins of potential payouts.
Example:
La Liga Match
- Barcelona: 6/5
- Draw: 12/5
- Real Madrid: 13/5
American
American or moneyline odds are the ones to which the United States has a preference. They work differently from the other two formats. They indicate the stronger and the weaker teams with the help of positive and negative figures. A negative integer tells how much you should wager to grab $100, while a positive integer shows how much the payout would be of a $100 wager.
Example:
World Cup 2026 Match
- Canada: – 135
- USA: +350
How to Read and Calculate Odds in Football Betting
Now, let’s dive deeper into the idea of Singapore online football betting. Out of all three formats explained above, decimal odds are the most common one that almost every Singaporean encounters. Thus, we’ll use this as an example for you to learn how to read and calculate them for your next bet.
With a bit of practice, you can surely make your way to successful football betting.
As an example, let’s use two of the leading teams in the English Premier League 2025/26. Considering that their odds are presented like this, here’s how to read and do the match.
- Arsenal: 2.75
- Draw: 2.20
- Liverpool: 3.40
Reading the odds
To get started, these betting odds simply show you the total return you’ll receive for every $1 you wager, including your original stake.
If you bet on Arsenal at 2.75, for every $1 you bet, you have to get back $2.75 once your bet is successful. On the other hand, if you choose Liverpool, for every $1 bet, you can have $2.20 winnings. But if you want to play it safe and proceed with a draw bet, for every $1 bet, you get back $3.10 if the match ends in a draw.
All that to say, the lower the number, the more likely the outcome is expected to occur. Thus, Liverpool is the underdog in a match.
Calculating the odds
When computing the football odds given in this match, you can use this formula as your reference.
- Total Return = Stake x Decimal Odds
- Profit – Total Return – Your Stake
Assuming that you bet SGD $100 on Liverpool to win, here’s a breakdown for you:
- Total Return = $100 × 2.20 = $220
- Your Profit = $220 – $100 = $120
The same goes when you wager on Arsenal to win or choose a draw bet.
Where to Place Football Bets in Singapore
Finally, you’re all set! The only thing left for you to do is to put your knowledge to the test. And it all begins by choosing the right sportsbook. Thanks to the popularity of football, there are plenty of options that you can consider.
However, you should also be careful because there are plenty of “unsafe betting sites” out there that might turn your supposedly fun and exciting gameplay into the complete opposite.
But with a reliable, not to mention the best football betting odds Singapore, GoPlay711, you can put your worry at rest. As a trusted and secure sportsbook, they always have you covered for a never-ending football betting gameplay and reward you.
More importantly, filled with the biggest football tournaments, you surely don’t want to miss!
Frequently Asked Questions
How do football betting odds work?
It shows punters how likely a certain outcome of a football match is to occur and how much they can win from it. Basically, lower odds indicate a higher chance of winning but with smaller payouts. But if you want bigger payouts, you can consider lower odds, but just be careful, as it comes with a higher risk.
Which type of football betting odds is best for beginners?
If you’re still a beginner, decimal odds are the best odds to consider. Aside from the fact that they are the most common ones, it is also the simplest and easiest to understand odds. To calculate your winnings, you just need to multiply your stake by the decimal odds.
How to know the winning team by odds?
Generally, odds are presented as a positive or negative number. And for you to know which team is favored to win, just look for the one that comes along with a negative value, while the positive one indicates that they are the underdog. In the same way, it’s just an initial conclusion based on the data; it doesn’t mean that it will be one hundred percent how the game unfolds.