In order to show you how football betting odds work, let us consider the English Premier League match between Chelsea and Newcastle United.
Chelsea are the better team, and are more likely to win. Hence, they have the smaller odds (1.26).
Newcastle United, on the other hand, are not as good as Chelsea and are not expected to win this match. As a result, their odds are a lot higher (11.43).
If you stake GHS 100 on a Chelsea victory, your potential winnings are calculated by multiplying your stake by the betting odds of the event you have selected.
In this case, GHS 100 * 1.26 = GHS 126
On the other hand, if you stake the same amount on a very unlikely Crystal Palace victory, your potential winnings are:
GHS 100 * 11.43 = GHS 1143
In summary, if you bet on higher football betting odds, you will claim bigger winnings!