Odd/Even Betting — Specifics Overview for Nigerian Punters
What is your cup of tea when it comes to online sports betting? Are you more about in-depth, systematic strategizing or pure fun and thrill of guessing a 50/50 outcome of the game? If the latter is more of your preference, then odd/even betting is a perfect style of placing bets online for you.
Not only that, it is an excellent way to start up a beginner punter’s career with the easiest and most highly paying off-betting tactic. Parimatch provides a range of odd/even betting options and variations across a number of different sports.
If you are quite new to the world of online betting, you may have heard about odd/even bets, but still don’t know the full gist of it. That’s why we decided to answer the question: “What does odd/even mean in betting?” on the examples of football match bets, outline the strong and weak sides of the approach, and share some tips and tricks on how to boost the efficiency of this particular betting style.
Odd/Even Bets — What Are They All About?
Whether you already know some common information about this approach or you are hearing about it just now, it’s really simple to wrap your head around odd/even betting in any case — this is one of its main unique points. The main principle here comes down to betting on the total number of goals scored by each team during the match.
All in all, the final result can come out as either an even number of goals (0, 2, 4, etc.) or an odd number of goals (1, 3, 5, etc.). Ultimately, you have two options to predict and win a bet. Thus, for instance, when you place a bet on odd goals, you see the final scores of both teams by the end of the match and add them to each other — if this number is even, you win the bet.
For an even more direct example of odd and even goals, suppose two Nigerian teams are playing a match — Plateau United F.C. vs Enyimba F.C. If Enyimba wins the game with a score 2-1, the total final score is 3 — an odd number that brings a win to everybody who placed a bet on odd goals. If the score is 3-1 or if the match ends with a draw (e.g. 2-2), then we get an even final score, which is the direct opposite and brings you to profit in case you placed an even goal bet.
Place odd/even bet on football
Odd/even betting is attractive to many beginners and experienced punters out there alike because it is very exciting and thrilling to make a prediction and watch the match up until its very end in order to find out whether your guess is right or not. Scores may swing back and forth during the match, providing a real rollercoaster of a betting experience.
“Odd Goals” Explained
You should get the gist of this whole betting approach by now — at the most basic level, it is focused on guessing one of the two ultimate outcomes of the game.
Betting on odd goals, you claim that the particular match will conclude with an odd number of all goals scored in the game. What you may want to keep in mind is that betting on odd goals, and a possible draw automatically becomes a losing outcome for you. At the same time, according to statistics, about a quarter of all Premier League football games that took place in the last ten years ended in draws. This is an important strategy-defining aspect.
Other nuances here include betting on matches with possible knockout rounds in cup games where penalties define the final winner. The thing is, odd/even betting doesn’t count in extra time or penalties — only the goals scored during the full 90-minute match are eligible here. However, injury time is counted in. It’s important to keep these specifics in mind as well.
“Even Goals” Explained
Opposite to betting on odd goals, you can also place a bet on even goals and win the bet if the match between two teams ends either in a draw or with a total added up a score that makes up an even number. The same goes for this type of wager — you cannot count on penalties and extra game time. On the flip side, here’s where the draw outcome is very favorable for you. A pretty high statistic of draws taking place in cup matches mentioned above can serve as a great advantage in this aspect.
0 Score Specifics
An interesting question remains — is 0-0 even or odd? It is an even outcome — in maths, nil is an even number by the specification. And if we are talking about the 0-0 score specifically, it is a draw, and as we already know — a draw is always an even score.
Should I Bet on Odd or Even Goals?
The final choice is yours and you are looking at a 50% winning chance so you get, pretty much, equal chances with balanced odds for any of these outcomes. The sheer simplicity of odd/even bets is their main “selling point”. However, depending on the type of sports you are betting on, this betting style can also become more in-depth. This happens when there are average points and scores to count in certain types of sports.
What you may find pretty useful as well is that in football matches, there are certain score caps that can be analyzed to help you come up with more insightful predictions. For one thing, a 6 goal score is the rarest outcome of a soccer match. The table below should also help you get around the numbers that point out how to predict odd or even goals in a match.
Here’s a visualized “cheat sheet” for you to see which final score variations are even and which are odd. As you can see, in football matches, even final scores are prevalent.
Parimatch Odd/Even Betting Options
The Parimatch platform was created in order to give you an intuitive, hassle-free way to place a number of various bets on a range of sports. Thus, apart from traditional odd/even betting on the final match outcome, you can also bet on:
- The first or second half of the match individually;
- One or another participating team individually;
- Any set or game taking place if we are talking about sports like volleyball.
At Parimatch, Nigerian punters can find a variety of sections dedicated to tons of different markets dedicated to betting on all essential kinds of sports, both in live and virtual formats. We can confidently say that Parimatch is the best betting site for Nigerian punters to place thrill-inducing bets on football, basketball, volleyball — you name it.
How Do I Place Odd/Even Bets via Parimatch?
Parimatch makes your online sports betting experience as convenient, fast, and simple as possible while giving you an unprecedented opportunity to make regular profits on your sports predictions. It’s really simple to kick off your Parimatch betting career:
- Register or log in to your Parimatch account;
- Make a deposit that you will be investing in bets;
- Choose from a variety of available sports to bet on;
- Pick from a range of leagues and tournaments;
- Pick the game you would like to place a bet on;
- See a list of betting options and scroll down to choose an even or odd betting option;
- Finalize your bet through a betslip.
Pros and Cons of Odd/Even Betting
As much as odd/even betting is a load of fun, suspense, and excitement, there are always two sides to a thing. Let’s take a look at what advantages your get betting on odd or even goals as well as what drawbacks you may experience.
Advantages
- An ideal start of a betting career
Odd/even bets are utterly simple to grasp and don’t require any specific knowledge of sports nuances or in-depth strategizing. All you need to do is properly predict one of two possible game outcomes.
- High payout frequency
The 50% winning chance is a very high figure in the world of betting. This means that you are looking at more payouts coming to your wallet more frequently than any other type of betting would grant.
- Common draws give you an advantage
As we already mentioned, draws happen about 25% of the time in football matches. Knowing this, you get sort of advantage of placing bets on even goals.
Drawbacks
- Profits aren’t that high
With utterly extensive winning opportunities, payouts are balanced out accordingly so you are unlikely to get significant profits from a one-time bet.
- A tactics-driven approach is of no use
In many other types of betting, experienced bettors employ parlay betting (multibet) to boost their winning chances by staying a step ahead with their predictions. This isn’t the case for odd/even betting as it is more about the pure luck of guessing the right outcome.
Should I Consider Odd/Even Betting at all?
The 50/50 winning chances dictate certain specifics to this kind of betting. By giving you a practically effortless way to have fun and earn on your bets, odd and even goals bring you respective payouts (which aren’t that high). If you are looking to raise a fortune, this isn’t the most optimal way to place high-stake bets. By making regular bets, however, you can certainly spice up the competition between two teams for yourself and get some moderate earnings which, however, are much more frequent than payouts in other, more complex betting formats.
What Profits am I Looking at When Betting on Odd or Even Scores?
Surely, this type of betting is profitable in its own right, but taking into account the specifics of the chances of winning, the final earnings are not very high. There are some analytics and statistics that can help you come up with a better winning bet, but it all comes down to a 50% possibility of achieving the ultimate win. In general, small profits are more prevalent when it comes to odd/even betting online.
The ultimate piece of advice we can give you is to place such bets on one specific team and on the total count of the first half of the match. You may run into higher odds here because it is easier for bookmakers to analyze a team's performance history and predict the outcome of the first half based on this.
Underdog team betting is also an effective tactic for achieving higher betting returns. Bookmakers do not usually consider up-and-coming and frequently losing teams to be high scorers, reducing equal odds for betting on them. But if your underdog team of choice manages to score a needed number of goals — you can certainly hit a jackpot. We can also give you a pro tip on employing a progression system that will help you compensate for lost bets and earn betting payouts in a logically rising progression.
- Start betting by the third match of a season;
- Narrow down your selection to teams that scored odd goals in all season games;
- Bet on an even goal outcome of their next game;
- If the initial bet is lost, increase your next stake by 2.2;
- If you lose that bet as well, increase the next stake by 4.4.
As risky as it is, this tactic may help you cover all the costs invested in regular odd/even bets. Thus, you may put 30000 NGN as your first stake, raising the following stake up to 66000 NGN. Then, you can continue raising it by 4.4 in order to get 290400 NGN and cover all previous expenses, and so on.
A Range of Betting Options at Parimatch
To make your online sports betting experience as exciting and diverse as possible, we give you:
- Moneyline (to win) betting;
- Handicap betting;
- Asian handicap betting;
- Total (over/under) betting;
- Correct score betting;
- Draw and no draw betting;
- Half-time/full-time betting;
- Double chance betting;
- 1×2 (3-way) betting;
- And betting on Both teams to score.
Bottom Line
Are you a beginner punter looking to start off your pro bettor’s career in the most proper way? Odd/even betting is a perfect way to start making your first profits while experiencing a great thrill of real-time game predictions. If you are lucky enough, every second bet may be a winning one while you will certainly be getting more winning bets than it happens with other betting methods.
Use the Parimatch platform to get user-friendly online betting opportunities that may pay off 10 times. Just go to Parimatch site, check out the variety of sports and betting options, and kick off your punter’s career.
We hope you get a clearer understanding of the odd/even goals meaning and of this betting style specifics. With this in mind, you are welcomed to the community of keen Parimatch punters. Make your first odd/even prediction today!