Betting on Football can be a fun and even a profitable hobby. In addition, football betting also adds extra excitement to watching a game of football. In our Beginners Guide to Football Betting, we will go over the basics on how to bet on football.
If you are new to football betting and want to try it out, then you have come to the right place. We will teach you about everything you need to know to get started without overwhelming you with details.
However, before we start this football betting tutorial, we will first go over the main terms involved in football betting.
Important Football Betting Terms
Stake or Risk – This is the amount of money you place on a bet. It is the amount of money you stand to lose if you don’t win.
24 Hour Rule – Most betting websites have a rule where if a match is postponed, the bet is cancelled if it doesn’t get played within 24 hour. For example, if a match was delayed by only 2 hours then the bet would still stand.
How to Bet on Football
Most Popular Types of Football Bets and how to Use them
Handicap Betting – This is a bet that is offered to counter the odds when a team is the clear favorite. This means that a football handicap bet makes the odds more appealing and balanced to the bettor.
For example, Daegu FC and Gangwon FC play each other and Daefu FC is favored to win. In a handicap bet, Gangwon FC will receive a small advantage to even out the bets on both sides. Thus, it is given handicap odds of -1.5. This means that a player betting on the favorite would needs them to win by 1.5 points or more in order to win the bet. In U.S. football betting, it is known as spread betting or betting on the point spread.
The most popular form of betting on football is full time result. In addition, it has two betting types being the most common – 1X2 (Win/Draw/Lose) and Asian Handicap. With 1X2 betting, you can bet on either team to win or for the match to end in a draw.
Asian Handicap was essentially made to eliminate the draw as an option and to make one-sided matches more interesting.
Bookmakers will offer you a goal handicap by adding or subtracting points to the fulltime score.
Half Time/Full Time Bets – This is when you predict the winner of the first half then of the entire game.
Over/Under Bet – This is when you bet on the amount of goals being scored, normally it will be over or under an amount. For example over 2.5 means if there are 3 or more goals. On the other hand, Under 2.5 would be 0, 1, or 2 goals.
Other Popular Type of Sports Bets
Accumulator – A football accumulator is a bet made up of four or more single bets. Furthermore, if each of the bets comes off then the odds accumulate together. In U.S. gambling, it is also known as a parlay.
Scorecast Bet – This type of bet is when you bet on a player to score the first goal predict the correct score.
Wincast Bet – This bet is very similar to a Scorecast bet. In a Wincast Bet, you bet on a player to score and then predict the winner of the game.
Draw No Bet or DNB – This is a bet where if the score is a draw you get your money back for your bet. This can be a safer betting option but you should understand that the odds are usually lower when this type of bet.
Double Chance Bet – This bet is one where you pick a winner and if they win OR it is a draw, you win the bet. If the team you pick loses then you lose the bet. Like DNB the odds are generally lower but it is a safer bet as a result.
If you are looking to immediately bet on football games, take a look at our list of offshore sports betting websites.