Over sixty percent of all money wagered by sports bettors in live casino is spent on the “beautiful game” of football, making it one of the most popular sports gambled on globally.
Because of this, it’s crucial that you understand the football market fundamentals as a bettor.
Thanks to many games, bookmakers have flourished, and punters may now wager on a wide variety of online markets, with many featuring attractive promotions and odds.
With this guide, we want to clear the fog of football betting and help you find your way through the maze of odds and lines.
How Football Betting Works
The odds are the ratio between the stake and potential earnings if you want to bet on a particular outcome. A bookmaker determines the odds. You can choose which to use; they are typically shown as fractions (e.g., 2/1), but they can also occasionally be shown as decimals (e.g., 2.00). For instance, if you wager $1 and the event’s outcome has odds of 2/1 (or 2.00), you will win $2.
Types of Football Bets
Numerous bookies offer ongoing promotions and aggressive odds to help you place the best value wager. If your wager wins and the event’s outcome is confirmed, you will receive payment for your initial wager and any profits from the odds.
Numerous additional bet options are available, including accumulators, which let you combine several selections into one wager with a significant odd premium. The vast majority of football markets offer this.
We’ll review the most common football wager types in the section below.
Picking the outcome of a football game is the easiest way to wager on football. You can wager on three possible outcomes: the home team winning, the away team winning, or a tie. It’s vital to remember that match wagers are settled on the result following the first 90 minutes; therefore, if the scores are tied at that point, the draw is the winning wager, regardless of the result following extra time or penalties.
Asian Handicap Bet
An Asian handicap bet is one in which your choice must surpass a “handicap,” What makes a bet special is that it completely rules out the chance of a draw in terms of betting.
The bookies give each team a plus or minus number to indicate their handicap. There are two types of handicaps: full goals (such as +1 or -2) and half goals (+0.5 or -1.5).
A European handicap is comparable to an Asian handicap, but there are two key distinctions: first, the draw is still an option, and second, the handicaps are always whole numbers.
Again, a simple example is the easiest way to explain how it operates.
i.e Arsenal +2, Liverpool -1, and draw -1. If Liverpool wins by two goals or more, you win if you bet on them.
If Liverpool wins by one goal, your wager on the draw is a winner. If you wager on Arsenal, you win if they triumph, tie, or suffer a narrow defeat.