What is football betting? The ultimate beginner’s guide to football betting. Here we will introduce you to what you need to know about football betting to not only help clear up your confusion about the football betting market but also to increase your chances of winning.
Football has always been one of the most popular sports bets in the Philippines, with bettors wagering a staggering 40% of the entire sportsbook on football matches.
That’s why it’s important that you, as a bettor, know all about football trends and key tips.
What is football betting? The ultimate beginner’s guide to football betting
Football betting is one of the many sports betting options available, and is often associated with NBA blue ball or baseball mlb in the USA. It is the most popular sports betting activity in the UK.
For the casual bettor, betting on college and professional soccer has never been easier or more enjoyable. The old days of having two choices – winners and over-under – are a thing of the past.
Most oddsmakers now offer betting options on everything from first quarter point spreads to quarterback passing yards to players scoring the game’s first touchdown.
Football Betting Rules
All matches must be played on the scheduled date or within the legal time, otherwise bets are void. If the match is cancelled or suspended for any reason, the bet will be refunded.
Bets accepted after the start time of a match will be void if the match is held early (except for rollovers)
Please ensure you understand the maximum and minimum bets and maximum payouts for each betting method when placing a bet.
All football transactions are based on the result of matches played in the statutory time limit (45 minutes for each half and including injury time) (all matches with less than 90 minutes are disregarded and a ‘1’ is used to calculate crosses).
Overtime and 12-yard matches, or matches subsequently changed by any sports disciplinary committee, are disregarded. 0.5/1=1+50, 1=1-point tie, 1/1.5=1-50, 1.5=1-loss-two-wins, 1.5/2=2+50, 2=two-point tie, 2/2.5=2-50, 2.5=two-point-loss-three-win, and so on)
All football rollover transactions are based on the result of the match in the legal time (90 minutes and including injury time) (any match under 90 minutes due to weather, league ruling or other factors will not be counted).
If a transaction is made after a goal has been scored, after a score error or after a red card error due to other factors, the Company reserves the right to void the transaction note.
For certain youth matches where the normal duration of the match (including injury time) is 60-80 minutes, the Company will treat the bet as valid if the normal duration is not exceeded due to any external factors.
If a team is marked with “Home” at the back of the match, it means that the team is the home team; if the team is marked with “Neutral” at the back of the match, it means that the team is a neutral team.
If there is a change of venue resulting in a change of home and away teams, the match will be deemed invalid and the bet will be refunded.
How to calculate football betting amounts?
1. Single match
A single match is a bet on one match at a time, regardless of how you bet, and the odds are based on the odds of the team you are betting on.
For example, if you place a bet of 1000 and the odds are 1.8, your winnings will be the bet amount + bet amount * odds = 1000 + 1000 * 1.8 = 2800 (including the capital)
A parlay is a high payout bet, in short it is a bet that multiplies the odds, here is an example of a 3 parlay, let’s say the odds are 0.8/0.9/0.96 for these 3 games and you bet $1000, then your winnings would be odds*odds*odds*bet amount=(0.8+1)*(0.9+1)*(0.96+1)* 1000 = 6703 (including principal)
How to bet on football？13 ways to do it in one go
1. Match bet direct
This is the simplest form of betting and allows you to bet on three different outcomes, namely a home win, an away win or a draw.
It is important to note that match bets are based on the result after 90 minutes, so if the score is the same, a draw is a winning bet regardless of the result after extra time or penalties.
2. Whole-goal handicap global handicap bets
The number next to each team will be applied to their score in the match, for example:
Liverpool -1, Arsenal +2
If you bet on Liverpool, you will only get your winnings if they win by two goals or more. If the match ends in a loss or draw for Liverpool, you will not get your winnings back, whereas if they win by one goal, you will get your winnings back.
The advantage of this type of betting is that you can get your capital back more easily.
3. Half-goal handicap
This is the same as a global handicap bet, except that the half-goal handicap eliminates the possibility of a draw.
For example: Liverpool -1, Arsenal +2
If you bet on Liverpool, you will only get your money back if they win by two goals or more, if the match ends in a one goal win, draw or loss for Liverpool, you will not get your money back.
4. Asian handicap bet
This betting method is available as a single handicap or a double handicap. It features no bets on draws, which means that if the match ends in a draw, the stake will be returned in full.
A single handicap is a prediction that a team will win by a certain number of goals, this is called a ‘handicap’.
This is called a ‘handicap’ and is then subtracted from the final match result to give the winning team. A double handicap means that the match has two different handicaps and all bets are split equally between the two.
5. European handicap bet
6. Half-time/full-time half-time/full-time result predictions
You can bet on the outcome of the first half and/or the second half. You can also bet on a home win, an away win and a draw.
However, this bet is more suited to experienced and knowledgeable players, and knowing the starting line-up and key players first is one of the advantages of this bet.
7. Double chance
You can bet on two of the three match outcomes to increase your chances of winning a prize.
The combinations are home team or draw, away team or draw and home team and away team, but this bet pays less than a straight bet as it has a higher chance of winning, but is a good option for punters who prefer a lower risk.
8. Accumulators Multiple Selections
This is a combination of multiple selections into one bet and is one of the most popular betting options. Your winnings are doubled, but the risk is also increased significantly and you must win all bets to get your winnings.
9. Goalscorer betting on specific players to score
As the name suggests, it’s all about betting on the score of a particular player in a match.
You can bet on a variety of outcomes, such as the first goal, the last goal or a goal at any time, but of course if you bet on a goal at any time, you will win less money because the odds are higher.
10. Correct score/Scorecast/Wincast betting on correct score/goal prediction/goal percentage
This is a bet on the final score. The payout is usually attractive, but also more difficult. Scorecast is a combination of goalscorer and correct score bets, both of which must be successful in order to win, while Wincast is a combination of goalscorer outcome bets, which pay less than goalscorer bets as they do not require an accurate prediction.
11. Over and Under betting
This is a bet on the total number of events in the match, such as goals, corners, yellow cards etc. The bookmaker will assign a bottom number to the match and you can bet higher or lower than that number. The bottom number is never a whole number and this is to ensure that there are only two outcomes – over or under.
12. Draw No Bet
This is a way of betting on the outcome of a match so that if the match ends in a draw, you will get your money back. However, the odds on this bet are usually lower than others.
13. In-play betting
3 Types of Football Betting Odds
There are three common football odds formats – European odds, points odds and American odds.
1. European odds
European odds are the easiest format to use and represent the amount of money that can be won for a $1 bet. Assuming European odds of 3.24, this means that if you place a successful bet, you will receive $3.24 for every dollar wagered.
2. Odds on Points
Fractional odds contain the same information as European odds, but are expressed in a different way.
If a player bets on the number to the right of the “/”, the number to the left of the “/” indicates the winnings from the bet.
The stake will also be refunded to the bettor. Let’s say the European odds of 3.24 equates to 9/4 of the odds on the score, in other words, to win $9, the bettor would have to bet $4 to begin with.
3. American odds
The American odds actually contain the same information as the European odds, but are expressed in a slightly different way.
A negative value means that you must bet this amount to win $100, while a positive value means that you will win $100 for every $100 wagered.
eg. European odds of 3.24 are equivalent to +224 in American format.
Football Betting Terminology
- Handicap: The basic rule of thumb is that the game is won on a head-to-head basis, usually based on the outcome of a 90-minute game.
- Handicap: Also known as the ‘spread’, this refers to how much the bookmaker will pay on the outcome of the match.
- Bookmakers: There are usually different levels of bookmakers, the bottom of which is the bookmaker. The bookmaker mainly plays the handicap and the water level to maintain an equilibrium between them, while the bookmaker takes a percentage of the commission from the bet.
- Over/Under: The team handicapped is the over and the opposite is the under. A 90-minute bet on what the betting board will offer. If the over/under is 3.5 today, the over is if it ends up being 4 goals or more, and the under is if it is less than 3.5.
- Punters: A very difficult, but correct, guess on the correct score, with very high odds.
- Rollover: Also known as a walkover, a bet placed midway through a match.
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Looking for a win? 6 things to look out for in football betting
Don’t bet more than your capital, this is the most basic and important thing to do.
Open multiple online accounts to explore the market and get the best odds possible.
Bets accepted after the start time of a match will be void if the match is held early (except for rollovers)
Try to use different betting strategies. As football matches are often cold, it is a good idea to choose a few different bets before betting on them.
Be positive about football betting because, unlike normal betting games, football betting can be analysed using a lot of data to improve your odds.
Review previous records to see how to choose the best strategy and study all strategies to determine the right bets and odds in the future.
Do not rely too heavily on betting trends and analysis. It is best to have a good understanding of the rules of the game, the handicap and the odds in order to properly judge how to bet.
Q1. What do odds represent in football betting?
They are usually shown as a fraction (e.g. 2/1), but can sometimes be shown as a decimal (2.00).
Q2. How do I bet on football?
The most basic way to bet on football is to place a direct bet on the spread. In a direct bet, the player must bet on a team that exceeds the spread.
This means that the favoured team must win by the required number of points, otherwise the losing team will receive that number of points.
Q3. Can I bet on both teams to win?
Yes, but it depends on the circumstances. Betting on both teams is also known as arbitrage or medium betting, which guarantees a risk-free return on investment and allows the bettor to make a profit.
The principle is that when different bookmakers take different views on the outcome of a particular sporting event, it means that they will offer different odds and the difference between these companies gives you the opportunity to make a profit on whichever outcome wins.
Q4. When should I bet on football?
Usually you will be betting on football during the season, most bets are placed before the match, but there are some bets that can be placed on the way to the match.
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Online football betting is a popular way for people to bet on their favorite teams and players. There are many different online sportsbooks that offer football betting options, including Goldenplus.pro.
When it comes to online football betting, there are many different factors to consider before placing your bets. These can include things like the odds of winning, the size of the prize pool, and more.
It’s also important to consider the reputation of the sportsbook that you’re using, as well as any fees or charges that may be associated with using their services.