Football Betting: Your Ultimate Guide on How to Bet on Football
Betting on football can be very frustrating, especially for beginners. Often, the bettor can feel overwhelmed by the number of betting possibilities that can be found online.
Betting online also adds another level of risk as it gets so much easier to be scammed. That’s why in this guide, we’ll be laying down some of the ground rules and basics to help you build your own strategy!
Betting online has never been this easy!
Football betting: What are football betting odds?
Betting odds are the heart and soul of online sports betting. They represent the probability of an event occurring and they also tell you how much money you can win. For example, betting odds of 9/1 tell us that there is a 10% probability of the event happening and that for every 100 pesos you bet, you win 900 pesos.
Additionally, there are two main types of betting odds: decimal and fractional. Fractional odds are odds that look like the example above. Online betting sites will also offer you the ability to find decimal odds. Betting odds here are calculated a little bit differently. In the case of decimals, betting odds of 9.0 can be calculated as (9.0*100 php) – 100 php = 800 pesos in winnings.
For more detailed information, you can check out our article on how to read betting odds!
Most Common Types of Football Bets
Football betting is similar to other types of online sports betting in that you, the bettor, can bet on lots of different things.
Full-time and half-time results
Full-time and half-time results are pretty self-explanatory – you bet on the outcome of the match. There are two bet types that bookies often give you – 1×2(Win/Draw/Lose) and Asian Handicap.
With 1×2, sportsbooks give you the option to bet on either team to win or the match to end in a draw. This is also known as 3-way betting.
Accumulator bets, also known as combo bets and parlay bets, essentially mean the same thing. You place a bet on more than just one outcome. Online betting sites offer you the ability to put multiple bets on the same betting slip and this can give large returns as the odds multiply into the other. Accumulator bets only win when all listed bets win.
Sportsbooks also offer you the ability to bet on the over/under of the total goals. Often, you’ll find football betting sites to have 2.5 goals as the common benchmark. This type of betting isn’t hard.
Take, for example, the benchmark of 2.5 goals. In Over/Under betting for the total goals, you’ll simply have to bet on whether or not both teams will score a combined total of more than 2.5 or less than 2.5 goals, which is essentially 3 or more goals or less than 3 goals.
Another popular option for football betting is to accurately predict the exact final score of the match you are betting on. The probability of getting the right answer on this type of bet is pretty low and that’s why betting on total goals comes with more interesting odds.
On the other hand, sports betting sites also offer you something called handicap betting. Bookies offer a handicap – hence the name “handicap betting” – a virtual advantage or disadvantage given to certain teams in order to even the field.
For example, you could have a handicap of +2.5 goals for the home team, that means that you add 2.5 goals to the full time(or halftime) score of that team and if the sum is greater than the opponents score, then you’ve won your bet! Halftime bets work the same way.
What are the most common football leagues to bet on?
In all honesty, you could bet on a vast majority of football leagues- that is, after all, the essence of betting on football. However, the leagues offered could depend on where you are in the world. For Filipinos, perhaps these are some of the most popular football leagues they enjoy watching:
- Philippine-American Football League;
- Philippine Football Federation;
- United Football League;
- UEFA Champions League;
- English Premier League;
- UEFA Europe League.
Best Football Betting Sites
While there are a lot of online betting sites that offer the ability to bet on football, the best ones have a few special things that make them stand out from the crowd – various promotional offers, welcome bonuses, live streaming service and live betting option.
For fans, we love to see an online betting site that offers live betting as we can adjust the money that we place on a bet depending on the perceived value of the bet that we place. Odds frequently fluctuate when we’re betting live and that can either be seen as an advantage or disadvantage. From the more extreme cases such as a player getting a red card or injured or it could just be something as mundane as a normal goal or a corner kick, the odds change depending on the events of the match. Fluctuating odds either increase or decrease and thus we can say that these events have value.
As a football betting fan, we have to be aware of these types of changes to maximize our profits and that’s why we pick sites that include live betting.
Promotional offers are also one of the things we need to take into account when choosing the right option for football betting. The vast majority of online bookmakers offer some kind of welcome bonus to attract new customers. At the same time, they also include various bonuses for their existing clients, such as:
- free bets,
- enhanced odds,
- reload bonuses, etc.
There are a lot of things that can improve your overall betting experience.
However, make sure to read the terms and conditions that apply to the offer before you decide to qualify for a bonus.
Ready to Bet on Football?
Football betting is just like any other betting process, you also have to come prepared. Make sure to find a quality bookie that provides you with the best statistics and odds while also being constantly available. Do all of these and you’re sure to have a good time, winning or not. Happy betting everyone!