Everyone likes to win. However, some people are more interested in winning big than in winning small. If you’re someone who always aims for the big win, then you might be wondering what is 0.5 goals in betting?
The 0.5-goal betting line represents a 50% winning chance for the underdog. This means that if you back a 0.5-goal horse to win, you’ll get your money back half of the time. To put it another way, if you bet $100 on a horse that is 0.5 goals ahead, you’ll win $50. This percentage may seem low, but considering the size of the payout, it’s actually a pretty good deal.
The problem is that many people think that getting your money back is the only thing that matters. They don’t see the logic behind risking 50% of your money on a horse that is 0.5 goals ahead. After all, you can always get your other half of the money back, right?
Whether you bet on ice hockey, golf, or horse racing, if you’re looking for a safe way to make money, the answer is simple: Just avoid 0.5-goal betting lines. They’re not worth the risk. Instead, pick a winner that is closer to winning or backing a definite favorite.
Why Should You Avoid 0.5-Goal Betting?
Let’s take a quick look at the history of the 0.5-goal line.
In the 1960s, bookmakers in Great Britain instituted a rule that required them to pay out on certain events, regardless of the final outcome. In other words, if a horse wins by one goal or more (depending on the rules of that race), the bookmaker will pay even money, or $2.50 per head. For instance, if you bet $100 on a horse that wins by two goals, you’ll get $150 back plus the original $100. On the other hand, if the horse wins by one goal, you’ll only get your $100 back.
Initially, this rule was designed to reduce the number of close calls in horse racing. After all, if it’s near-impossible to determine the winner of a horse race, then the chance of the race ending in a tie goes up, which means both sides win. For this reason, the 0.5-goal line was born. As you might have guessed, getting your money back is not the only thing that matters when you’re playing with this sort of low odds. A lot goes into the chance of you winning, and when you’re talking about low odds, that’s a lot of stuff.
First, the bookmaker must make money off the event. In other words, they need to take in bets from bettors, hoping that at least one of these bets will settle on a winner. This is why many bookmakers don’t offer odds of less than 1.8 to 1, and rarely, if ever, give less than 3.5 to 1 odds on a sporting event, especially if it’s a horse race.
Now that you know the history of the 0.5-goal line, let’s examine the statistical case for avoiding these sorts of bets. When you’re making wagers with very low odds like this, it’s not enough to simply look at the payout percentage. After all, as mentioned, you’ll get your money back half of the time, which means there’s a 50% chance of you losing. Let’s take a look at how random the 0.5-goal betting market is and how that affects your odds of winning or losing.
How Is The 0.5-Goal Horse Racing Market?
Back in February, researchers at the University of Sussex conducted an experiment to examine the predictability of the 0.5-goal horse racing market. The aim of the study was to determine whether the low odds offered in these events make it a suitable place for sports investing. To do this, they looked into the historical data for races with bets placed on them from January 1, 2017 to December 31, 2017.
The results of the study were very interesting, as they showed that low odds on 0.5-goal bets are very much a thing of the distant past. For the three-month period, the winning percentage on these sorts of bets was actually above 50% and in some cases, as high as 90%. In other words, betting on a horse that is 0.5 goals ahead is a much safer way to make money than you might think.
Furthermore, the findings of the study showed that in 33 out of the 40 races examined, the winner of the race was determined in the final moments, which means there was no clear-cut favorite at the beginning of the race. Despite this, in the vast majority of cases, the starting odds of the selected horses were 0.5 or 1.5 goals. This makes perfect sense, as it’s very tough to determine the winner of a horse race in the final moments, especially if there’s a high degree of uncertainty initially. This is why many bookmakers don’t want to offer very high odds on these events. The less you know about the outcome of a horse race, the safer it is to bet on it. This is why you see so many bookmakers offer such low odds on these events – they want to make money off these bets, but they don’t want to take the risk of high odds, given the unknown outcome of the race. In fact, if you look at the 2017 NFL season, you’ll see that many of the games had odd spreads of 7 or more points, which means there was a lot of uncertainty initially about who was going to win. As a result, many bookmakers don’t take these sorts of bets, as there’s too much risk involved. As for whether you’ll get your money back or not, it’s not possible to say with 100% certainty, but in a great many cases, you will get your money back, and maybe even make a profit, which is more than you can say for some other types of bets. In this case, risk is not necessarily a bad thing, as it can sometimes lead to great rewards. In fact, in some instances, you might make a lot of money off a 0.5-goal bet, which is great if you’re a sports fan and want to see your team win. In other words, as long as you’re aware of the risks and take the right precautions, you can enjoy the thrill of seeing a long-shot triumph, knowing that it’s all thanks to your wager. It’s all about having the right mindset and doing adequate research before placing a wager – the rest is just pure luck.
Where Do The Most Wins And Losses Occur On The 0.5-Goal Betting Scale?
Taking a look at the above graph, which was created by FaroQQ, you can see that the vast majority of wins and losses occur between 0.5 goals and 1.5 goals, with very few occurrences above 1.5 goals or below 0.5 goals. This is in line with what we already know about the 0.5-goal market, as the vast majority of these bets are settled towards the end of the game, leaving only a handful that are decided at the start. This makes sense, as it’s very difficult to determine the winner of a horse race in the early going, when there’s so much uncertainty. Of the 40 races examined by the University of Sussex researchers, 33 were decided in the final quarter-hour, while in the other 7 cases, the leading horse came from behind to win, which means there wasn’t a clear-cut favorite to begin with. This makes sense, too, considering almost all of the 0.5-goal bets are placed after the halfway point of the game. If you’re looking for a safe place to make money off of sports, then betting on a horse that is 0.5 goals ahead is a great option, as it provides you with a winning percentage that is much higher than you would get if you were to back a definite favorite. Just remember, you’ll mostly be placing this type of bet on teams that are already known for being good, or at least having a good chance of winning, so you aren’t risking too much, as much as you would if you were to back an unknown quantity. As you might expect, the above studies show that the 0.5-goal betting market is largely a quiescent one, with very little action happening above this line and, even less, below it. This makes it a very safe place to place a wager, as there’s very little chance of you losing, and not much to gain either, if you’re betting on the underdog.