Football Betting Explained
Football betting is a big deal in the community – but are you up-to-date with everything? Whether you’re a football fanatic or a total beginner, it’s easy for anyone to get into football betting and make it a part of their weekend routine.
Let’s take a look at everything you need to know. Don’t worry. Football betting is a lot easier than you might imagine!
Who Decides the Odds?
Odds are set by bookmakers and are a representation of the stake and winnings on a given individual outcome. For example, let’s say Manchester City are facing Manchester United. One specific bookmaker might offer odds of 10/1 that Manchester United will score 3 or more goals. This means that if you bet £1 and Manchester United did score 3+ goals, your return would be £11 – which is a £10 profit.
Some bookmakers offer better odds than others, which is why it’s a good idea to download multiple apps so that you can compare odds on different days.
As a beginner, it’s recommended that you use sports betting tips before placing your first bets. This will help you to make smarter, better bets.
The Different Kinds of Football Bets
In the world of football betting, you can bet on just about everything, from how many corners you will a team will get to the total number of goals an individual player will score.
Here are some of the most popular kinds of football bets:
- Full-time result
- Half-time score
- Football accumulator (this is where you bet on the outcome of various different games at once)
- Total goal (Under/Over)
- Half-time shots on target
- Total bookings
- Goal times (for example, a team will score a goal between the 20th and 35th minute in the first half)
Let’s say that Arsenal are facing Crystal Palace on the opening day of the season. Arsenal might start the game in an ultra-attacking fashion, which might lead to you placing a bet on Arsenal scoring before the half-time break.
Essentially, it’s all about soaking up the action and making bets based on what you’re seeing.
Now, let’s talk about the different platforms for football betting.
Betting Apps and Websites
In 2022, there are tons of different betting apps and websites that you can use for football (as well as various other sports). If you want convenience and ease-of-access, then you should join a betting company that offers a free app. This way, whenever you’re at a game or watching from home, you can fire up your betting app in seconds.
Also, make sure to pay attention to the minimum withdrawal policies that certain apps have. For example, one specific app might require you to have a minimum of £15 in your account before withdrawing winnings, while another might have a lower amount, such as £5.
How Much Should I Bet With?
When it comes to your football betting budget, the choice is yours. As a beginner, you should start low and choose favourable odds. This is called ‘safe betting’ and is an excellent way to get used to the ins and outs of sports betting.
After becoming more experienced, you can then start to increase your budget and make higher-risk bets.