The Basics of Football BettingOn May 25, 2020 by king.97
When it comes to betting in the UK, football is one of the most betted on sports, not least because we are a football obsessed nation with multiple online bookmakers offering odds on just about anything football related! There will be those people who are experienced betters who follow football closely and can happily place their bets unassisted. And then there are those who either want the occasional flutter and are happy to literally take a guess who or what they should bet on. But what if you are new to football betting and want the know how.
This article will provide you with a basic introduction to football betting, allowing you to then go out there and choose your bets or to look for football betting tips and understand them better! slot online
So, what football games can you bet on? I think a better question is what can’t you bet on! With so many national and international leagues with games every week, there are enough bookmakers to cover them all. However, if you are new to football betting then maybe it is better to concentrate on the leagues you are familiar with (or most familiar with!). In the UK, the main leagues are the Premier League, the Championship League, and Leagues One and Two.
Once you have decided what league you want to focus on, you need to know where you can bet online. Many football betting tips websites will provide links to online bookmakers that offer the odds they are referring to and many will also provide you with offers that various bookmakers have, such as free bets. Take your time to explore the various bookmakers before setting on one/a few.
Now, in order to understand the football betting tips, it helps to understand how the basic betting odds work. You need to be able to recognise fractional and decimal odds as bookmakers will use one or the other format. It’s easier to demonstrate using an example. Let’s say that you bet 1 on a team to win with decimal odds of 2.0. This means that you would win 2 if your team won; this includes your 1 initial bet, leaving you with a profit of 1. If you bet 1 on your team to win with fractional odds of 2/1, you would win 3, including your 1 stake. But do you understand what these odds mean? Basically, odds of 2.0 means that the chances of your team winning are 1/2.0 which is 0.5. If you multiply this by 100, this gives you the percentage chance of winning, 50%. Equally, odds of 2/1 means that your chance of winning your bet is 1/(2+1) – calculated by denominator/(denominator + numerator) – which equals to 1/3, which is 0.33 or 33%. There are multiple websites available that will give you a further insight into football betting.
After selecting the online betting tips you may want to follow, make sure you only place a bet if you believe that the chances of a particular outcome are higher than the odds suggest. This is where your knowledge comes into play – or a tip does! Know that there is no guarantee you will win – ever. In this way, be prepared to learn from your mistakes and start with small bets until you are more familiar. Try to stick to betting on the leagues you are familiar with to start with, otherwise you won’t have any way of understanding the tip or assessing the value of it.
With so many online football betting tips available, take the time to seek out reliable tipster services whether they are free or not. It is your money you are gambling and only you have a vested interest in protecting it!