Are you looking to explore the world of football betting? Do you want to learn how to bet on football in 2024? You may already be a football bettor looking for tips to help you improve.
Well, you have come to the right place. In this article, Bingo Plus will talk about everything about this sport. Let’s follow the article below.
Football Betting Guide for Beginners
Football betting can be pretty intimidating for beginners. Nowadays, there are so many different types of bets and so many choices it is difficult to know where to start. Naturally, the best place to start is with the basics. In this part of our How to Bet on Football guide, we will take it step by step and cover the first things that beginners or inexperienced football bettors need to learn. In other words, let’s start with the basics of football betting.
Understanding Football Betting Odds
An excellent place to start is with betting odds. If you’re new to betting, odds can seem confusing and intimidating. Understanding odds can seem complicated for someone new to football betting, but the concept of betting odds is quite simple.
Explaining Betting Odds
Simply put, betting odds reflect the perceived likelihood of something happening. In other words, if a bookmaker offers odds on a sporting event, the odds provided simply reflect their view of how likely (or not) something is to happen.
At this stage, it’s essential to understand that any odds you see express the perceived percentage of chance. All betting odds are another way of expressing percentages or implied probabilities.
Fractional Odds
If you’re learning to bet on football in the UK, then fractional odds are the odds you’ll come across the most. Traditionally, fractional odds have been the norm in the UK betting industry. Fractional odds do precisely what they say on the label; they display the odds in fractional format, for example, 2/1, 5/1, 6/4, 7/4, 10/1, etc.
Decimal Odds (Europe)
Also expected in the betting world, especially in Europe and on betting exchanges (we’ll get to those later), decimal odds are also relatively easy to understand. Decimal odds simply display the odds in decimal format. Instead of 1/1, it is 2.00. Instead of 2/1, it is 3.00, and so on.
When learning decimal odds, use 2.00 as a base. In other words, if you know that 2.00 is 1/1 (even), you know that whatever you bet, you will double if you win. If you are down from 2.00, this becomes the odds, and your profit will always be less than your stake. If you are up from 2.00, you are betting the odds, and your potential profit will be greater than your stake.
Types of football betting
Now that we have covered the basics of odds, it is time to look at some soccer betting markets. There are many soccer betting markets available. There are probably too many of them, so we’ll simplify and look at the most basic, popular ones to give you an idea.
Win/Draw/Win (also known as Moneyline or 1X2)
The most popular type of football bet is the Win/Draw/Win bet. The idea here is simple, you bet on the match’s outcome. You can bet on the home team to win, the away team to win, or the match to end in a draw. Nice and easy. Win/Draw/Win betting is one of the oldest football betting markets, and because of its simplicity, it remains one of the most popular.
Both Teams to Score
Another simple but prevalent type of football bet is the Both Teams to Score. As the name suggests, this bet involves betting on whether or not both teams will score in a football match. The options are simple: you can choose to bet on either team to score or both teams not to score.
No Draw Bet
This is one of the more complicated bets that new football bettors take a while to get used to. No Drawbets involve betting on one team to win a match, but if the game ends in a draw, you will get your bet back instead of losing.
Conclusion
These are some basic instructions for beginners on how to play football betting. To be able to participate quickly, you need to focus on paying attention and learning how to read the odds. It is essential to find a reputable bookmaker like Bingo Plus to participate.
