Volleyball is a popular sport in South Korea and around the world. This is because it is people can enjoy the sport every day of the year. Therefore, there is also a big demand for websites that offer bets on volleyball. However, betting on your favorite Korean volleyball team is not always easy to understand. Thus, betting tutorial on How to Bet on Volleyball will help you learn how to wager like a professional.
Even though betting on the Korean National volleyball team is more popular, betting your favorite V-League team is also rewarding. Here you will learn to bet on teams like the Incheon Heungkuk Life Pink Spiders and the GS Caltex Seoul KIXX.
In addition, we will go over the most popular type of volleyball bets from simple bets to match betting and point spread betting.
How Sportsbooks create Volleyball Bets
The first thing to understand is how sportsbooks create bets. Basically, they decide which team has the highest probability of winning the match against another team.
For example, if you have a match between the Incheon Korean Air Jumbos and the Suwon KEPCO Vixtorm the Match betting odds will look like this:
Incheon Korean Air Jumbos: 1.09
Suwon KEPCO Vixtorm: 3.10
Incheon Korean Air Jumbos is the stronger team and will probably win. Thus, if you bet 10 Wong on the Incheon Korean Air Jumbos and they win the match you get ₩10.9. On the other hand if you bet on the Suwon KEPCO Vixtorm and they win you get ₩31.
This means that the favorite team to win is Incheon Korean Air Jumbos. Therefore if you bet on them to win, you get less money. This is done in order to have the same amount of people bet on each team.
Most Popular types of Volleyball Bets
Volleyball Match Betting
The easiest wager that can be made on volleyball is Match Betting. This is because you are simply placing a bet on the outcome of the match. Thus, you are betting on which team will win and nothing else.
Point Spread Betting
Volleyball Point Spread Betting or handicap betting is where the underdog gets an advantage in terms of betting. It means that the odds are set where in order to win your bet, the favorite team has to win by a certain number of points.
Volleyball handicap betting odds look like this:
- Korean National Football Team +2.5 at 1.4 odds
- Chinese National Volleyball Team +1.5 at 2.3 odds
Thus, if you bet on the Korean National Volleyball Team, they have to win by 2.5 points to win the bet.
Total Betting
In this type of bet, you bet on the total number of points made during the match. Therefore, it is not important which team wins. This type of bet is very popular as the volleyball odds are more or less the same.
Furthermore, you are betting whether the total score will be over or under the prediction. Here is an example:
Hwaseong IBK Altos vs. GS Caltex Seoul KIXX
- Over 45.5 at 1.72 odds
- Under 45.5 at 2 odds
If you bet on the over, you are betting that the total score of the match will be over 45.5 points. Thus, you win ₩17.2. On the other hand, if you bet on the under, you bet that the final score will be under 45.5. Thus, if you win the bet you get ₩20.
Set Betting
Set Betting on volleyball is easy enough to understand. You are basically betting on which team will win a specific set during the game. Thus, the bet only applies to that specific set.
Future Bets
A future bet is when you bet on the outcome of a specific volleyball event. An example is a future bet on the Olympic Volleyball Tournament. Thus a future bet would be betting on which team will win the entire tournament.