Football is one of the most popular sports in the world which is why betting on the sport is so rampant. If we speak in numbers, almost 50% of soccer fans are interested in betting on the game.
However, if you are betting for the first time, then you need to understand how soccer betting functions. Instead of relying on your gut or just random guess, you will be in a much better position to make a wager if you are aware of the intricacies of football betting.
OddsMax wants readers to be on solid ground when they put their first bet online. Now there is a lot to learn about soccer odds, betting types and sportsbooks, but to prevent information overload, we will keep this beginner’s guide short and crisp.
Football Betting Terms You Must Know
You can’t put successful soccer wagers unless you are aware of what some betting terms mean. Let’s see what some of the most commonly used terms are:
Stake – Simply put, the amount of money you stand to lose, i.e. the money you put on a bet is called stake.
Bankroll – The total money you bet with.
Accumulator – A series of single bets grouped. The trick is for all the soccer odds to accumulate together; each bet must come off. Although accumulators are known to be highly profitable, the risk involved is equally high.
Handicap – This type of bet is usually offered when one of the teams is a clear favorite. The bookmaker can give a slight advantage to the underdog team. We will cover more on this later.
Banker – Usually used by tipsters as the closest thing to a certainty, in simple words, when a tipster is very sure that the bet will land, he considers it a banker.
Scorecast – When you bet on a player to score the first goal and also predict the correct score, both bets must come true to win.
Wincast – You bet on a player to score along with predicting the winner of the game.
90 Minute Betting – When you bet on individual players during the 90 minutes of the game. If the player doesn’t show up during the 90 minutes, the bet is called off.
24 Hour Rule – Most sportsbooks and betting websites have a common rule that in case if a match is postponed then the bet will be void only if the game is not played in the next 24 hours.
Types of soccer bets
Usually, when you visit any betting site, you will find there are several types of football bets offered. Do not pick a bet unless you are aware of what the bet entails.
The most common types of soccer bets are:
- Double chance – In a double chance bet you pick a team to win and if they win OR it is a draw, then you win the bet. As you have double chance to win, soccer odds are generally lower in this type.
- Over/Under – The sportsbooks have a certain number of goals marked, and you bet on whether the actual goals will be over or under the amount.
- Draw No Bet – You get to choose only win, or loss bet and if the score is a draw the bet gets cancelled and you get your money back.
As a beginner, you must limit to these safer types of bets, and once you gain enough exposure, then there are many high odds soccer betting types for you to choose from such as handicap, correct score, halftime/full-time, Outrights, etc.
We have already covered the types of soccer bets you must know. If you are getting started with football betting, you must be aware of major bet types.
Getting your way with the bookies
Once you understand the terms and different times of soccer betting, the next obvious step is to head towards offline and online bookmakers. Most of them have their way of dealing with the bettors which is why we need you to learn how to pick the right place to put a wager.
On OddsMax you will find soccer odds aggregated from dozens of sportsbooks and compared against each other. We only draw football odds from reliable sportsbooks.
Now there are a lot of soccer betting websites to choose from, and it falls upon you to make a wise choice. As a beginner, you hardly have the information that’s needed to pick the best online betting sportsbooks, which is why we have some suggestions for you.
Here are the best soccer betting websites:
- William Hill
Each of these betting sites has something better to offer than the other. To decide which one will be most suitable for you, check out our review of the best football betting websites. We have covered each of the listed sites in detail.
Soccer Betting Tips to Remember
As a beginner, you definitely can use some tips that are generally accepted. After researching and interviewing hundreds of tipsters and successful bettors, we have narrowed down to these tips.
Bet with your head, not heart
Do not bet on the team you want to win, instead put a wager on a team that you think will win. Being a fan is one thing and being a successful bettor is another. On the same lines, don’t let your hatred for a team make you bet against them.
Don’t be greedy
A rookie mistake, beginners, often commit is to let break the rules that they set. Usually, beginners put in more money in a soccer bet than they were initially supposed to. Stick to the plan and don’t be impulsive.
Learn about proven soccer betting strategies
We are sure you will easily pick how to read soccer odds, but it is no guarantee that you will also be able to make your strategies to win, not initially at least.
What can you do?
Rely on already proven football betting strategies that are known to work. You might know the game but to put it to best use during betting sessions is a skill that you need to learn till you learn why not make use of 5 proven soccer betting strategies that work.
Have you got questions for us?
If you still have some queries regarding soccer betting, feel free to ask us in comments. We know you are keen to learn, which is why we are eager to share all the soccer betting wisdom we have with you.