OKBET Sports Featured | Football Betting Guide for Beginners
Football betting has traditionally been one of the most popular sports to bet on in the United Kingdom, accounting for 40% of all money placed by bettors.
This is why it is critical that you, the punter, understand all of the main aspects of the football markets.
The large number of matches has aided the industry’s growth and allowed bettors to put wagers on a wide range of markets, with many betting sites providing special discounts and attractive odds.
Here, we will go over everything you need to know about football.
A Simple Explanation of How Football Betting Works
If you want to place a bet on a certain event, the bookmaker will determine the odds, which are the proportion of your investment that will go toward prizes for that outcome. They are often represented as fractions (for example, 2/1), but they may also be represented as decimals (2.00), and it is up to you to pick which representation you find easier to work with. For instance, if the results of an event have odds of 2/1 (or 2.00), this indicates that you will gain £2 for every £1 that you wager on the conclusion of the event.
Choosing a Football Betting Site for the Next Season?
Here’s one of the greatest football betting sites and bookmakers. The site is ideal for opening accounts and then putting your newfound football betting expertise to use, and you can scroll down to view the rest of our complete guide.
How football betting works
Every week, hundreds of football betting matches are played, with many more markets available to bet on via bookies who give a wide range of odds on every aspect of the game. They will place bets on the result of games and events within games, such as the number of goals scored, corners won, red and yellow cards displayed, and individual goal scorers.
There are several bookies that will always have unique deals and competitive odds to guarantee that you have the greatest value bet. When the event’s result is verified and your wager is declared a winner, you will be paid back your initial investment plus any profits from the odds.
There are several sorts of bets available throughout, including accumulators, which allow you to combine multiple choices into one huge odds price to place your wager. The majority of football markets have this option.
We will go through the most common sorts of football betting below.
This is the most basic kind of football betting in which you choose the outcome of a football match. You may wager on one of three outcomes: a home team victory, an away team win, or a tie. It is crucial to remember that match bets are paid out on the result after 90 minutes, therefore if the scores are equal, the draw is the winning bet, regardless of the outcome after extra time or penalties.
Bet Builder/Same Game Multi
Bet builders are a relatively new addition to football betting and have quickly become one of the most popular methods to wager on the game. These bets, also known as same game multis, are basically an accumulator of results from a single match rather than a series of matches.
Because of the amount of possibilities that must occur, these bets are plainly less likely to be accepted. They are ideal, however, if you are familiar with both sides and want to put small-stake bets at larger odds that may be achieved by combining many outcomes, such as the number of yellow cards, corners, and goalscorers, rather of betting on each individual market.
In bet builders, you may also insert player props, as explained below. Player props are increasingly growing popular as a standalone type of betting.
Player Props/Player Stats
This is a manner of demonstrating how the football betting market has evolved, with a comprehensive collection of markets offered for different Premier League and international fixtures. This is distinct from the goalscoring or card markets in that you may wager on players having a set amount of shots, tackles, or even offsides.
There are also ever-expanding prop markets that lead to some interesting bets, like as how many free kicks, goal kicks, and throw-ins are in a match. What’s on offer varies greatly amongst bookmakers, but bet365 is one of the bookies with the most player props accessible.
There’s also the ability to wager on the amount of passes a player makes in a match, which can be an interesting bet to watch and enables clients to do their own research before placing the bet.
Many bookies employ these bets for improved odds to offer players more value, but you should be careful about how much you gamble on these bets since football can be quite unpredictable.
Asian Handicap Bet
An Asian handicap bet is one in which your pick has a “handicap” to overcome, and what makes the bet special is that it removes the chance of a draw in terms of betting. This kind of wager is also known as a “handicap bet.”
Bookmakers assign a numerical advantage or disadvantage to each side in the form of a plus or minus number. This might be a full-goal handicap, such as +1 or -2, or it could be a half-goal handicap, either +0.5 or -1.5.
A simple example is the most effective way to explain how either one operates.
The numbers that are located next to each team are the ones that are used to calculate their score during the match.
If you bet for Liverpool to win, you are paid out if they do so by a margin of two goals or more. You are going to suffer a loss in any scenario. You receive your money back if they win by a one-goal margin since the minus one goal cancels out the advantage of the victory, and the outcome of the handicap bet is a draw.
If you bet on Arsenal, you will collect your winnings regardless of the outcome of the match: whether they win, tie, or lose by a single goal margin. You are out of luck if they lose by a score of three goals or more. And if they lose by a margin of two goals, you receive your money back since the handicap result will be a draw because the plus two will balance out the loss.
With a whole-goal handicap better, you have the security of knowing that your investment will be returned to you.
If you placed a bet on Liverpool and they came out on top by at least two goals, then you were successful in your wager. One goal victory, a tie, or a loss results in a loss for the team.
If you wager on Arsenal and they either win, tie, or lose by one goal, you will come out ahead. You are at a disadvantage if they lose by a margin of two goals or more.
With a half-goal handicap wager, there is no chance at all that the game will end in a tie.
European Handicap Bet
The key distinctions between an Asian handicap and a European handicap are that the draw is still an option in the European handicap, and that the handicaps can only ever be whole numbers. A European handicap is comparable to an Asian handicap.
Again, the simplest way to describe how it works is by providing a concise example.
If you bet for Liverpool to win, you are paid out if they do so by a margin of two goals or more.
If you bet on a tie, you will get your payout even if Liverpool wins by just one goal.
If you bet on Arsenal and they come out on top, you are paid out regardless of whether they win, tie, or lose by more than one goal.
You have the option of placing a wager on the final score of either the first half or the second half of the game. You have the option of betting on the home side, the away team, or a draw for either or both halves of the game.
This wager is intended for more experienced football fans who are able to predict which teams will have a great start or finish to a match and which will have a bad start or finish.
If you are familiar with the starting lineups of both teams and are aware of any significant players who are out of action due to injury or because they are being rested, you have an additional edge when placing this kind of bet.
Football betting features a large number of markets and a range of different bookies, making it simple to get started.
Betting on the hundreds of football games played across the globe may be a lot of fun if you stick to betting on what you know.
Choosing good-value bets is the most effective strategy to make money while avoiding the disappointment of losing.
You may now contribute to the thrill of football by placing a wager on it, but please gamble responsibly.
For more information regarding OKBet Sports Featured, click here