Football is unarguably one of the most popular sports in the world. Apart from being a beautiful game, there is a business aspect that many are trying to explore. Sports betting is not a new phenomenon.
As an aspiring punter, it is important to understand the main components of football markets before starting your betting adventure.
One common myth about football betting is the correlation between gambling and addiction. Yes! Football betting can turn into an addiction.
However, it is possible to practice healthy gambling. First, it is essential to remember that football betting remains highly regulated. Many governments set rules and guidelines on how these sport betting companies operate.
In addition, the plethora of matches in different leagues opens up a lot of opportunities for punters.
Read below to get a clean run-through of everything you need to know about football betting and the different football markets.
How Football Betting Works
You will find hundreds of football matches and markets available for punters. In addition, these football markets cut across different leagues and countries. For example, there is the English Premier League, La Liga, Serie A, Eredivisie, Ligue 1, among many more.
In addition, these football markets provide highly competitive odds. Also, there are prices on possible match outcomes and events within the match. You can place a bet on which player will score, the number of goals scored, the number of red or yellow cards, or even the correct score.
Different bookmakers place different odds to give the best value bet. After confirming your bet after the match results, you get paid on your original stake plus the winning odds.
Types of Bets in Football Betting
There exists a variety of bets available by different bookmakers. Each bet defines the odds available and possible cash out. Here is a look at popular bets available for punters at different bookmakers.
This is one of the most popular and common bets available. Punters place bets on the possible outcome of a football match. A team can either win, draw or lose.
This is a relatively new addition to the common bets available at different bookmakers. The bets are accumulator outcomes from a single game rather than a series of football matches. These bets are less likely to come in, because of the number of outcomes needed to happen.
Asian Handicap Bet
This simply refers to a bet with which one selection features a ‘handicap’ to overcome. These bets eliminate the possibility of a draw within the match results. Different bookmakers either offer a plus or minus to showcase the handicap.
Is your match tricked to decide the outcomes? Well, you can increase your odds of winning by choosing the double chance option. It gives you a chance to choose two of three possible outcomes from a game.
This bet makes it possible to combine multiple selections into one bet. The bet offers a potential reward with big returns from placing small stakes—each winning from the selected feature on the next one.
Let’s say you have a strong feeling a certain player will score during the match. As a result, you can place a bet on a particular player to score. In addition, there are various outcomes you can bet on. In fact, bookmakers often place lucrative offers that go with these markets.
Finding Value When Betting
One important lesson to learn as a beginner is that there are no sure bets. Even carrying out extensive research with game knowledge can end with shock results. This is what makes football betting exciting.
Everyone has an edge in football betting. Only make bets on football markets and leagues you are familiar with.
Football betting opens up a new world of opportunities for punters. The wide variety of football markets and leagues make it exciting. The best way to win is by picking up good value bets to avoid constant losses. Lastly, it is always important to gamble responsibly.