Australian Football League (AFL) is so popular that it can even beat the Irish Gaelic version. Besides the sport, AFL betting is also highly popular in the international sports betting arena.
With renowned online betting sites like Blue Bet offering the best odds, there are high chances of you becoming a pro-AFL bettor.
If you are new to Aussie rules betting and Aussie Rules Football in general, you are in for a big treat. Scroll through to know more about AFL betting odds and how to make the most with it.
Betting Odds – The Basics
The bookmakers use betting odds to present the likelihood of a specific outcome in an event. The odds in AFL are usually denoted as decimals, fractions, or minus, or plus in front of a number referred to as Moneyline or American odds.
When it comes to online betting, betting markets offer you different outcomes for any given event.
Getting the best odds possible for AFL picks you to want to wager is crucial to retain long-term success in online betting.
For instance, when you are betting on a team in AFL, you will be presented with a choice of a home win, away win or draw. Each of the three outcomes given here will be issued based on the probability.
While betting on AFL, you must choose the right online sportsbook like Blue Bet that offers the best AFL odds. Besides choosing the right sportsbook, how else can you make the most with the odds?
Understand How Odds Work
To make the best out of AFL betting odds, you must understand the basics of it. Blindly dipping your feet in the betting platform can turn out to be a bad experience.
Betting odds in AFL exhibit the probability of a particular outcome, and the odds are represented in decimal or fractional form in most cases. By looking at the representation, you will understand how much you can win if that specific outcome occurs.
Read the Odds Meticulously
Fractional odds will let you know the potential winning concerning your stake. The number present on the left side represents the profit if you stake the digits on the right-hand side.
If the number of the left side is smaller than the right side, then the bet is known as odds-on. If the case is the opposite, then it is known as odds-against. Any odds that favor 1/1 are referred to as evens.
While analyzing the AFL betting odds, you must read the numbers correctly. Even a tiny slip can take the win away from you.
Learn To Calculate Probability Using Odds
Another way to make the most with AFL betting odds is by using it to calculate the probability of a specific outcome. Longer odds translate to outcomes that are less likely to occur.
Rather than using fractional odds to calculate the probability, using the decimals will be a simpler alternative. For instance, the odds of 10.00 will give a probability of 10%.
Now that you know how AFL odds work and how you can wield it in the right way to steer your bets towards profits, visit a reliable online betting site like Blue Bet and start placing your bets on the best AFL teams.
To read more on topics like this, check out the Sports category