A Beginner’s Guide To Sports Betting On Football

by Author General Article

By far, football is the most popular sport for betting on in many countries all over the world, with around 40% of all money that is spent by bettors being wagered on the game. 

With a huge number of matches, the entire industry has grown in leaps and bounds which allows punters to put bets on a number of different markets. Many betting sites provide special deals and competitive odds. This means that it’s incredibly important for punters to understand these markets to make informed decisions. 

How Does Football Betting Work?

In its simplest format, football betting is all about making a bet on the outcome of a soccer match. Usually, a match has three potential outcomes: a victory for one team, a victory for the other team or – alternatively – a draw. These outcomes are both represented by odds that are a good reflection of the likelihood of this outcome taking place. For instance, if a team has quite a high likelihood of winning a match, its odds will turn out to be low, and if it is an outsider, its odds will be a lot higher.

Each sportsbook gives you a number of different number of football markets as well as adjusted odds sizes you need to place bets on. Also, some books provide additional features to help with football betting. Thus, it is for you to decide which markets to choose together with the odds to be taken into account while making football bets.

Remember that you can place pre-match or live bets. Additionally, most sportsbooks provide fixed odds betting and spread betting, which makes them accommodating.

Some Football Betting Phrases

  • Stake – This is the amount of money that you place on a bet at a site like Ausbet. In other words the amount of money that you stand to lose if you don’t end up winning.
  • Accumulator – A football accumulator is a string of single bets that are grouped together. If each one of the bets comes off then the odds will accumulate together. Usually when you hear of people placing a fiver on something and then winning a couple of thousand it is because of the accumulators. As each bet needs to win although they can be risky.
  • Handicap – This is offered when one team is the obvious favourite. The handicap gives a tiny advantage to the underdog. For instance, there may be a one goal head start that is given to the underdog.
  • Half Time/Full Time – This kind of bet is split into two, when you anticipate the winner of the first half and then of the whole game. So, you are able to anticipate a draw at half time but rather for the home team to win by full time.
  • Banker – This is ultimately the closest thing to an assurance as you can get, the tipster is quite sure that the bet will land if they consider it a banker.
  • Scorecast – This is when you bet on a football player to score the first goal along with predicting the right score.
  • Wincast – This is quite similar to a scorecast however you bet on a player to score and then guess the winner of the game.