SINGAPORE – As the football season heats up, sports fans across Singapore are diving into the excitement of the Singapore Premier League (SPL) and gearing up for the highly anticipated FA Cup Finals. With online sports betting in Singapore gaining traction, enthusiasts are leveraging SPL betting odds to maximise their engagement and potential returns.
If the Premier League is one of your most anticipated football tournaments, waiting and placing your bet during the game isn’t enough. You might as well make the most of your gameplay and increase your chances of winning. And there’s no better way to do that than understanding its betting odds.
While it might seem a bit complicated at first, with a clear explanation, it can be much simpler than you think. Let this guide serve as your starting point. Bet on online sports betting Singapore today and take your football experience to the next level with smarter and more confident bets!
Why do Premier League Odds Matter?
Before anything else, let’s set one thing straight: understanding odds isn’t just helpful, it’s essential. While for instance, Premier League standings, will give you a better idea on the best team to bet on, odds will do more than just tell you how much you can win.
When you know how to read odds properly, you’re not just placing random bets. You’re making informed decisions based on potential risks and rewards.
In addition, it adds another layer of excitement to your betting experience. Instead of just simply betting, you are thinking one step ahead—analysing form, comparing odds across sportsbooks, and picking the right moment to place your bet.
After all, the EPL at Singapore sports betting has a lot of things to offer, and it would be a waste if you can’t make the most of them just because you’re still confused about odds.
How to Read and Interpret EPL Odds
The logic behind every sports bet lies behind the odds set by the bookmaker. And as you bet on the exciting and profitable game of the Premier League, let’s make sure that you know how to read, interpret, and turn the odds in your favour.
We’ll cover three of the most common types of betting odds, give you an example, and explain how to read them as you bet in the Premier League.
Decimal Odds
Simply put, decimal odds represent the amount of money you could win in every $1 wagered, giving you an idea about the total payout rather than just a profit. It is easy to understand and ideal to choose, especially if you’re a beginner. The number you see represents the total payout you’ll receive for every $1 you bet, including your original stake.
Example:
| EPL Team | Odds |
| Manchester United | 2.50 |
| Arsenal | 4.50 |
In a match between Manchester United against Arsenal, assume that you choose to bet on the first team in sports betting Singapore. Thus, it will give you odds of 2.50 to win a match. Now, if you place a $10 bet, your total return would be $10 x 2.50 = $25. That’s $15 profit plus your original $10 stake, considering that your bet is right.
Fractional Odds
This one is pretty self-explanatory. It refers to the odds typically represented by a “/” and sometimes “-”. The number on the right is the amount of bet you need to win the number on the left. Thus, showing you how much profit you’ll make compared to your stake.
Example:
| EPL Team | Odds |
| Chelsea | 5/2 |
| Crystal Palace | 3/1 |
The same with decimal odds, in a game between Chelsea and Crystal Palace, assume you bet on Chelsea with an odds of 5/2, which means for every $2 you bet, you’ll win $5 profit. So, if you stake $10, you divide that by 2 to get 5 and then multiply by 5 to get your profit—$25, plus your original $10, making it a $35 return.
Moneyline (American) Odds
Moneyline odds are represented by either positive or negative signs. A positive number shows how much you can profit, while a negative number shows how much you need to bet to win.
Example:
| EPL Team | Odds |
| Liverpool | +150 |
| Manchester City | -120 |
If Liverpool is listed at +150, a $100 bet would win you a $150 profit (total return of $250). If Manchester City is at -120, you’d need to bet $120 to win $100 profit (total return $220). It is as simple as that.
Premier League Betting Markets
When placing a bet in the Premier League, there are a variety of betting markets that you can choose from online sports betting in Singapore. Some of it includes the following:
- Moneyline: It is the simplest and most popular betting market. Bettors just need to choose which team they think will win the match. If you pick Manchester United to win and they do, your bet pays out. It doesn’t matter how many goals they score—just that they win.
- Point Spread: If there’s a clear favourite, this bet is the way to go. The stronger team is given a virtual disadvantage (like a -1 goal), and the underdog gets a boost (like +1). To win your bet, the favourite must overcome this handicap, while the underdog must either win or not lose by more than the spread.
- First Goalscorer: This one is pretty self-explanatory. It depends on which player will score the first goal of the match.
- Totals: In this bet, the sportsbook will set a line, and you just need to know whether the total score will go over or under that number. This bet is ideal if you expect a tight match or a high-scoring thriller.
- Future Bet: Even before the actual Premier League, you can also wager on who will win the title or which team will finish top four. These bets are usually placed before or during the season, and they keep things exciting over the long haul.
Frequently Asked Questions
How do you win the Premier League?
Every year, the Premier League is held between August and May with each team playing against each other with a total number of 380 matches. In the end, the team with the most points in the rank spots will win the Premier League title.
Where to bet on the Premier League?
If you want to apply your knowledge of reading EPL odds, you can simply visit SGCasinoInsider. They have the best lineup of sportsbooks in Singapore, offering high-quality Premier League matches. For starters, some of the best ones include Solarbet, GoPlay711, SanadaClub, AS128Grand, and IB8.
Is the Singapore football betting site legal?
Despite the strict gambling regulations, there are still legal football betting sites like Singapore Pools. But besides this, you can also opt for an offshore sports betting site. Since they are not based within the country, they are not within the government’s jurisdiction. Just make sure that you choose a reputable and trusted site.
Related News:
Thailand Targets Cracked Streams and Online Gambling
The opinions or information expressed in this article are solely those of the authors and do not necessarily reflect the views of the Chiang Rai Times. For more information on our sponsored content policy, Click Here
