What Are Sports Betting Odds?？
Synonyms:
| Chinese Terminology | English Terminolog | Description |
|---|---|---|
| 球版 | Sports Betting Platform | Commonly used in Taiwan to refer to underground sports betting systems or platforms. |
| 体育盘口 | Sports Betting Odds | General term for odds systems used in both legal and illegal sports betting. |
| 地下赌球平台 | Underground Sports Betting Platform | Emphasizes the illegal nature of unauthorized sports betting platforms. |
| 体育盘 | lines | Commonly used in American English, especially in U.S. sports betting to describe odds (e.g., point spread lines). |
Sports Betting Odds (English: Odds / Sports Betting Odds) are a core concept in sports betting. They refer to the betting options and odds set by bookmakers for sporting events. The way odds are set determines not only how players place their bets, but also directly affects potential winnings and betting risks, making it one of the most important references in sports betting.
Common Features of Sports Betting Odds
| Item | Description |
|---|---|
| Betting content | Various sports events including football, basketball, baseball, tennis, etc. |
| Betting types | Asian Handicap (Point Spread), Over/Under, Match Result, Parlay, etc. |
| Platform formats | Web-based backend, mobile apps, LINE bots, third-party server systems |
| Settlement method | Mostly credit-based (bet first, pay later), some accept point coins or USDT top-up |
| Profit mechanism | Master agents provide the betting system and earn commission from sub-agents and players |
| Legal status | Most sports betting platforms in Taiwan are illegal, unregulated, and pose legal and financial risks |
Common Types of Sports Betting Odds
| Type | Description |
|---|---|
| Point Spread | The stronger team gives a point advantage to the weaker one for balanced betting. Example: Team A -1.5 means they must win by 2 points or more. |
| Over/Under | Predict whether the total score will be over or under a set number, e.g., over 2.5 goals, under 3 points. |
| 1X2 (Match Result) | Predict whether the outcome is home win, draw, or away win. Common in football. |
| Parlay | Combines multiple matches in one bet. All selections must be correct to win, with odds multiplied. |
| Live Betting | Odds are offered during live games and adjusted based on real-time performance. |
Odds Display Formats
| Odds Type | Region | Description |
|---|---|---|
| Decimal Odds (European Odds) | Europe, most of Asia | Example: 1.85 means you win 1.85 units for every 1 unit bet (includes stake). |
| Hong Kong Odds | Hong Kong, Taiwan | Similar to decimal odds but excludes stake. 0.85 means a profit of 0.85 units per 1 unit bet. |
| Malay / Indo Odds | Malaysia, Indonesia | Uses positive and negative values to express risk and reward; formatting differs slightly. |
| American Odds (Moneyline) | United States | +200 means a 100-unit bet yields 200 profit; -150 means you must bet 150 to win 100. |