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Betting 101

Start your betting journey with confidence. Our comprehensive guide breaks down the basics, helping you understand odds, types of bets, and essential strategies. Whether you’re a beginner or need a refresher, we’ve got you covered.

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All You Need to Know About Football Bets!

You are about to enter the realm of the smart, the daring, and the experts. The world where knowledge, risk, and luck get rewarded and where decent preparation helps. A scene existing as an extension of a beautiful game to make one beautiful sport – or religion, if you wish – even more exciting. We are talking football betting.

An important ground rule to start with, which even professional or more experienced bettors tend to forget, is that when you play with real money, you risk losing real money. In other words, you should only play with money you can afford to lose. In this guide, we mean to teach you everything about football betting, the ins and outs, the terms, and the principles, so that when you become more advanced, you can dive into the world of specific odds and bets that BetFootball has to offer.

However, Before you start betting on football, it pays to know what kind of bets you can make. There are a lot of choices when it comes to football betting, so you’ll want to do your research if you want to be successful. In this guide, we’ll explain how you can have more fun while placing bets on football and tips and tricks for success.

How Does Football Betting Work?

Every week, thousands of football matches take place all over the world. Bookmakers will offer odds on the likelihood of specific match outcomes and occurrences, such as the number of goals scored, corners won, red and yellow cards displayed, and individual goal scorers.

  1. A variety of bookies will have unique deals and competitive odds in order to provide you with the greatest bet possible.
  2. When you make a winning bet, you’ll be paid back your original stake plus the rewards from the odds.
  3. Payouts are usually instant after the event’s outcome is confirmed, meaning you can take your winnings or place another bet.

The first thing to understand about sports betting is that in sports, and especially with football, nothing is guaranteed. Sports betting is one of the most popular forms of gambling. However, due to the nature of football and how unpredictable it can be, all of your research and careful planning can be undone by the bounce of a ball. Surprise results are always possible, and it’s what makes the sport so exciting to bet on. For this reason, it’s essential to manage your risk and do the proper research into the best markets and matches to bet on.

How to Bet on Football – The Basics

When talking about the basics of football betting, it comes down to a handful one must keep in mind before placing a bet:

  1. Research – When you have a website like BetFootball, it’s a great chance to use the endless opportunities the website has to offer before placing a bet. You want to know the statistics of a team or certain player, don’t you? Their winning streak, the team’s history with its opponent, their current flow, their season performance at home or away: it’s this information that might make the difference between winning or losing.
  2. Odds – Odds illustrate the probability of a team winning or losing. Not all websites use the same odds – this is where BetFootball comes in – but odds do give a general idea of how risky your bet is. A general rule is that bets with odds less than 1/3 are not worth it, while bets over 2/1 are usually a no-go because the chances of losing are high.
  3. Risk – When betting, you take a risk, always. Even with bets with low odds, there is a chance of losing. But the risk doesn’t only get translated through odds, also through the number of matches, you bet on. So, another important rule: try to limit the number of football matches you bet on. Never bet on more than four matches.
  4. Gut Feeling – This is a basic that doesn’t only work with football betting, but in life in general. If something feels too good to be true, it probably is. If you place a bet that you know you’ll probably lose, chances are high you’ll do so. Look, there’s nothing wrong with taking a little risk, but if you know beforehand you’ll lose, then why throw away your money?
  5. Balance – Always try to look at how much money you are spending with betting. How much do you deposit, and how much do you withdraw? Because in the end, if you are deep in the negative numbers, you might ask yourself if it’s worth continuing. Always keep an eye on your balance when betting. You don’t want to end up getting financial problems, and everything that comes with it, just because you like laying bets.

Pre-Match & Live Football Betting

Now you know the basics, it’s time to look to the next step. There are two main types of bets sportsbooks often offer. We will take a look at those two:

  • Regular bets: regular bets are all bets placed before a match takes place. With some tournaments, sportsbooks already offer the opportunity to predict all matches and outcomes, but usually, a website ‘opens’ odds on a match 24 hours before the actual match takes place. Whatever the bet you place, it’s regular.
  • Live bets: when a match starts, a bettor sometimes realizes that the team he or she bet on is playing differently than expected. Especially those with an eye for the game, who find they can better predict during a match than before. This is possible by placing live bets. There are tons of different live bet options, but they all have in common that they apply directly to the game played and are placed while the match is taking place.

Main Football Bets

Now you know when and how to bet on football, it is time to consider what types of bets you can place. The main football betting markets (types) are as follows:

  • Match Bet, aka the Result: A match bet is the most common type of bet and one that’s available at every single event. It is also the one we recommend to the bettors who are recently starting. It’s simply a bet on what you think the result of the match will be after the regulated 90 minutes of play. You can bet that either the home or away team will win, or you can bet on a draw. Match bets are paid out after 90 minutes, which is something to remember if the game is a tournament fixture that includes extra time or penalties. Every outcome’s probability is illustrated by its odds.
  • Players: these are the figures that stand out during a match. The ones that make a difference. And the ones you can bet on – if you dare. Bets on individual players will always have higher odds because you bet on one of the 22 players on the pitch. But sometimes, they are worth the try. Some bets combine players with the results. For example, Robert Lewandowski scores against Spain and wins the game.
  • Goals: You can also bet on the number of goals scored in a football match. Note that this doesn’t mean predicting the final score: betting on five goals in a match can mean 5-0, but also 2-3. These are bets that often get combined with the result or final score bets, though.
  • Match happenings: a football match is about more than scoring goals. Yellow cards, red cards, injuries, number of corners, number of free kicks, or, penalties: name it, and you can bet on it. For example, H. Kane often takes penalties for England. Whenever England plays, many bookies take bets on whether he gets to take a penalty during a match.
  • Final/Correct score: The correct score is, as the name suggests, a bet on what you think the final score of the match will be. This is another tricky bet and, therefore one that often gets rewarded with very tempting odds (meaning you are more likely to lose the bet). This is a much harder bet to predict, as football matches can have a huge variety of different scores, but the potential payouts are also much better than many other markets, so if you feel sure, or lucky, why not take the bet? You bet on the exact outcome of the match, the final score, whether it’s 1-0 or 9-7 (odds differ here, of course).

Types of Football Bets

However, these main betting markets are just the beginning, and the best football betting sites offer a range of bets. Some of the most significant events offer hundreds of football betting markets on leagues worldwide.Here are just a few of the more common ones:

  • Asian Handicap – Asian Handicap bets apply a handicap to one of the teams, meaning that this team will then start the game with a goal deficit. You will see that sportsbooks sometimes offer a handicap on a team when they are favourite. If a team has a handicap -1, it means they will need to win with two goals difference. Handicap -2 means winning with three goals difference, and so forth. The odds on these bets are usually higher. Asian Handicaps remove draws from the equation, and whichever team you pick will need to overcome the goal deficit or avoid losing by that margin. For example, a game between Manchester United and Burnley might give a -1.5 handicap to Manchester United and a +1.5 goal advantage to Burnley. If you pick Burnley, they have to avoid losing by more than 1.5 goals. On the other hand, if you pick Manchester United, they would need to win by more than 1.5 goals for your bet to be successful.
  • Bet Builder/Same Game Multi – Bet builders, also known as same game multi bets, are relatively new compared to other football bets. They’ve recently become much more popular online, allowing bettors to choose multiple markets on the same game and combine them in a single bet. Like an accumulator, these bets can provide massive payouts if you’re lucky enough.
  • Goalscorer – Goalscorer bets consist of a few different types of bet, including anytime goalscorer and first-time goalscorer. You’re picking the player who you think will score at some point in the game or the one you believe will score first in the match.
  • Half-Time/Full-Time – This bet allows you to bet on both the half time result and the full-time result. For example, you can bet that the game will be a draw at half-time but that the home team will be the winner at full time. Some sites also allow you to bet on half time/ full-time scores as well.
  • Both Teams to Score – Frequently abbreviated to simply, BTTS, the Both Teams to Score bet requires precisely what the name suggests, and both teams involved in the game must score for it to payout. This means that neither team can end the game with “Nil” on the scoresheet in order for it to be successful.
  • Double Chance – A double chance bet is a bet on two of the three possible outcomes of the game. So, instead of just betting on the home side to win, you can bet on the home side to win or for the game to end in a draw.
  • Scorecast – A scorecast bet combines the correct score market with a goal scorer market. For example, you can bet on Leicester City winning 2-1 and Jamie Vardy scoring at any time. Scorecast odds are much higher than regular correct score bets because there are two separate outcomes.
  • Accumulator – Accumulator bets combine multiple selections across multiple games into one bet. For example, you could bet on the outcome of every Champions League game happening that night, picking Real Madrid, Chelsea and Bayern Munich to win. The more selections you add, the higher the odds will be, but every one of your selections needs to be right for your bet to payout.
  • Over/Under – Over/under bets are a bet on the total number of goals in a match. You can choose either under or over a particular number. For example, if you think a game is going to be low scoring, you’ll go with under 2.5 goals.
  • Draw No Bet – A draw no bet is like the match bet, only it removes the option of betting on a draw. You can only choose the home team or the away team. In the event of a draw, instead of losing your stake, it will be returned to you.
  • Outright Bets – Outright bets allow you to choose what you think will happen at the end of a competition. For example, you can bet on which team you think will be crowned Bundesliga champions, or you can bet on which player will be the top goalscorer in their league or even on which player will win the Ballon ‘D’or.

How to Find Value When Choosing Your Football Bets

While there are no sure things when it comes to betting on football, you can improve your chances of success by looking for value in the odds. Value is how bettors describe the odds of an event that they believe don’t reflect the true probability of the event occurring. For example, if you see that PSG are the heavy favourite to beat Lille, but you believe that Lille actually has a good chance of winning, you might say there is value in betting against PSG. Most of the time, the bookies are good at pricing the odds based on the implied probability of each event occurring.

However, the odds do change over time as bettors place their bets. In many cases, bookmakers will look to have equal money on both sides of the bet so that no matter what happens, they make money. As a result, fan-favourite teams often have their odds inflated by bettors, so look for underrated teams.

Aside from looking for value, as a new bettor, you should be looking at simpler betting markets. Match Bet, goalscorer and over/under goals scored markets, as well as those with lower risk, such as Draw No Bet, will suit less experienced bettors. You should also only gamble on markets you’re familiar with, as well as leagues and teams you’re familiar with. This way, you can make more informed betting decisions as you have a better chance of knowing which teams are stronger and which players are more likely to make an impact. Our football betting predictions page can also help you by providing details of the weekly biggest games!

Dos and Don’ts of Football Betting

Dos

  • Use your head – Using your head means thinking carefully about each bet. A lot of bettors prefer to bet on their favourite teams or bet against their least favourite teams. Many also automatically assume that the favourite will come out on top. If you want to be successful, you’ll need to think logically and consider the different factors that affect a football match.
  • Manage your spending – Betting is fun, but it can become a problem if you’re not careful with how much you spend. Anyone who has been betting for long enough will tell you that managing your bankroll (the amount of funds you have to bet) is vital. You should keep your bets to a certain percentage of your bankroll. That way, your bets get larger as your bankroll grows and get smaller as it decreases. By managing your spending, you can bet for longer while spending less.
  • Do your research – As with using your head, research is essential if you want to get an edge in sports betting. You don’t have to spend countless hours studying the game, but you should at least know the quality of certain players and how they affect the overall performance of their teams. You should also pay attention to stats and head-to-head records, as these can have a big impact on future results.
  • Use sports betting bonuses – Most sports betting sites offer free bets and matched deposit bonuses to new users, and many offer rewards to their current bettors too. You should look to use these whenever possible as they reduce the risk to your own cash and can be a lot of fun. Just be careful to read the terms and conditions thoroughly.
  • Be patient – Patience is a virtue, and this is especially true in sports betting. You should be researching and waiting for the odds to move in your favour, and it often pays to wait. You should also avoid betting on too many games at once. Take it slow and steady when you first get started, as there are plenty of games to bet on.

Don’ts

  • Don’t bet more than you can afford to lose – As well as managing your spending, it’s important to always keep your bets manageable. In some cases, you might be tempted by a bet that you feel is a sure thing, but nothing is ever certain in football, so you should never bet more than you can afford to lose.
  • Don’t bet on preseason or non-competitive games – Preseason and friendly fixtures are often used by managers to allow their squad to gain fitness, and it’s very difficult to ever predict what will happen or which players will be involved. As a result, betting on these is usually ill-advised.
  • Don’t get carried away – It’s easy to get carried away if you land a big return on a bet, but you should always bet smart and stick to the same betting strategy as ever. Likewise, if you’re on a losing streak, it can be very frustrating and result in you losing focus. Always stick to your strategy and take a break if you need to change your mindset.
  • Don’t bet on leagues or teams you don’t know well – If you want the best results, knowing the teams, players, and competition is important. There are thousands of matches happening all the time, but it’s not a good idea to bet on games where you have no clue about either side.

We’re excited for another great season of football betting!

Football betting is something that makes an already beautiful game even more exciting, and with the new season in full swing, there are ample opportunities to get involved. A win for your favourite team gets even more satisfying when you win a corresponding bet. But before you start football betting, know all the ins and outs. Be aware of the basics – stuff you must have done before betting – such as researching football and matches, comparing odds on BetFootball, and checking your balance.

After thorough preparation, you can lay your bets. You can then choose between regular and live, there is a wide range of subjects. Whether you want to bet on teams or individual players, on the final outcome or exact score, there is enough to choose from. Don’t forget to compare the odds on BetFootball, because, after all, you want the finest odds when you play for real money!