Football is a beautiful sport that unites millions of people from different races and colors. From the bright lights to the roars and chants of fans, football gives an exhilarating mixture of feelings; the excitement, joy of goals, and the disappointing sadness that comes with losses.
Football is one of the most popular sports in the world, with millions of fans across the globe constantly watching and supporting their favorite teams. This large fan base provides a massive market, including betting.
The size of the football market has given room to tons of sports betting sites, with lots of opportunities up for grabs. For most punters, betting is indeed a lucrative business if done right. This is why a good understanding of how football betting works is important to get the most out of your wagers.
This article gives an in-depth, step-by-step process on how to bet on football, especially for beginners who are new to football or betting in general.
Step by Step guidance for football betting
To place wagers without experiencing cascading losses, a bettor needs to understand the intricacies of the sport. Although betting is majorly dependent on luck, football betting requires sound knowledge of the rules guiding the sport, statistics, and analysis.
There are also different football leagues, and all do not work the same. Most betting sites pick matches across all tournaments, such as The English Premier League, UEFA Champions League, La Liga, Copa America, Serie A, European Championship, and more. Sportbooks offer varying leagues, and each league comes with odds that vary as well.
Most betting sites offer different markets, such as the number of corner kicks or throw-ins a team will have. This means a bettor must know the basic terminologies of football.
Know the different types of football bets
Before diving into betting, it is important to know what type of bet to place. This is a major secret to the success of your wager. There are several types of bets, and each comes with specific peculiarities.
Some bets, such as predicting who will win a match, are straightforward, while some are more complex. Some types of football bets include: Live betting, Parlays or Accelerators, Moneyline bets, Over/under bets, Spread bets, Outright winners, Handicaps, Future bets, Totals, and more.
Understand how odds work
Odds are used to represent the possibility of an outcome happening. Odds are used to calculate how much will be won if a predicted outcome occurs. This is why it is important to choose sportsbooks that offer substantial odds.
Bookmakers’ odds also help to know who is the favorite to win a match and who is the underdog. This is useful when opting for a Home or Away win type of bet.
The format used to represent odds differs depending on the country or bookmaker. Some are decimals, while others use fractions.
Find a trusted bookie.
The next step is finding a trustworthy bookmaker. Due to the large number of bookies available, there are unavoidable fraudulent sportsbooks. One of the ways to identify a legitimate bookie is through a valid license and online reviews.
Finding a trusted bookie is easier than you think, especially if you use one of the many well-known betting comparison sites. These sites, such as TBS and OLBG, are where fans, punters, and readers can find the top bookmaker offers, reviews, comparisons, and more.
Create an account and Sign up
After selecting your preferred sportsbook, the next thing to do is to signup and create a betting account. The registration process usually goes relatively quickly. Most bookies will request basic, personal information like your legal name and date of birth to ascertain if you’re above the age limit, email address, and home address.
Choose a payment method.
The next step to take after signing up is to deposit real money into your betting account. Sportsbooks usually list all the accepted payment methods on their website’s banking page.
Simply select your preferred method to make a deposit. You’re not bound to stick to a specific payment method, and you can switch to another of your choice when making transactions.
Football Betting Tips for Beginners
- Only sometimes, bet on your favorite team.
- Be disciplined and know when to stop.
- Take advantage of bonuses.
- Always do statistical research before betting on a team.
- Shop around for the best odds.
Following these simple yet effective rules will surely help you get your betting game up to standard. Be strict with yourself and rely on good data as far as possible without making too many bets based purely on gut feel.