Football bets: Sports betting is a highly exciting leisure activity and enjoyed by people in many countries across the world. Despite some countries still not fully embracing sports betting, the global market is huge. According to data on the website of consumer and market data company Statista, the sports betting and lottery market worldwide hit 194.63 billion US dollars in 2021. That’s an increase on the previous year’s total, which was nearly 173 billion, and shows sports betting is getting bigger and bigger.
Football betting is one massively popular type of sports betting. Below is a look at why it’s important to choose a good sports book, at the different types of bets it’s possible to place when betting on football and also at different tips and strategies to bet successfully.
The importance of choosing a good sportsbook
Before you start betting, you have to find a really good sportsbook, which is important for several reasons. First of all, you want to enjoy the best gaming experience possible, so it’s necessary to choose a suitable platform that allows you to place football bets smoothly. A slow website can ruin your gaming experience and may cause you to lose money if you can’t lay down your wager in time.
Secondly, sportsbooks offer different odds to players. When choosing a sportsbook, you want to use one that gives you the best odds. There’s a lot of competition between online sportsbooks, so take your time until you find the right one. It’s also worth keeping an eye open for promotions to get more out of your gaming experience.
The different types of football bets
One of the entertaining things about sports betting is that there are several different ways you can bet. Here are a few of the main ones:
The full-time result
The most common bet you can place is on the final result at the end of normal time. You’re betting on whether the result will be a win for one team, a win for the other team or the game will end in a draw.
This type of bet is good if you’re a beginner. There are no complicated rules or calculations to do before you lay your money down. The downside of full-time result betting is that the odds often aren’t very good if a team is a major favorite to win the game. There are also no odds for a game ending in a score draw, so if the two teams finish level, you lose your stake.
The straightforward nature of the final result bet encourages some punters to try to predict the outcomes of several matches and put them all in the same bet as an accumulator. This is a riskier bet to place, so if your prediction is correct, you win more money from your bet. However, if the result of just one football match goes against your prediction, you lose your stake even if you’ve predicted all the other results correctly.
The over/under bet, also known as “total goals” bet, is a bet on whether the total number of goals scored will be higher or lower than the number quoted by the sportsbook. This type of bet offers several advantages. There’s no draw, so you have a 50% chance of winning. Not only this, but whereas in a final result bet, you’re relying on a certain course of events, in a total goals bet both teams are working for you! Note, too, that if you’re betting on a classic matchup, the chances are you’re likely to be more successful with an under bet.
Betting tips and strategies
You can’t control the outcome of a game, of course, but there are strategies you can apply to shift the odds of betting successfully in your favor.
Conduct research and analysis
Keep up to date with team news, how the team has performed in the season and the head-to-head records. Consider any factors such as suspensions, injured players and whether the team is playing at home or away.
Manage your bankroll
Set a budget for your football betting. Decide how much you’re willing to spend and how much you can afford to lose. Don’t chase any losses.
Review your football bets regularly
Sportsbooks must provide a record of your profits and losses from sports betting. It’s easy to just make a bet, view the outcome and then forget about it. Instead, review your betting regularly so that you can learn from any mistakes or wins. You might even be able to spot a pattern of winning football bets or losing ones and use this information to your advantage when making your next bet.
Football betting is immensely entertaining and there are lots of ways to bet. Other interesting ways include betting on the result at half time, betting on who will score the first goal or on who will score the last goal.