How often do you see someone betting on soccer without having a clue about what they are doing? A lot! It is crazy how leniently people approach soccer betting in an attempt to make money. It is understood that football betting presents some genuine opportunities to make money and the whole experience can be exciting, but it is not without putting in the efforts to learn the basics.
If you have decided to venture into the lucrative world of betting, you are just at the right place. We have precisely written this article for you to cover everything you need to know bout soccer betting.
Is soccer betting for you?
Soccer betting is awesome, which is why it is incredibly popular, but that doesn’t mean it is the right choice for you too. Think carefully, whether soccer betting is something you want to get involved in before investing your time learning its basics.
A good way to figure it out is to consider the pros and cons. If you do not know much about soccer and don’t enjoy watching the same, it is evident that you must not try your hands at betting ever. This is not to say that you have to be an expert on soccer betting or have to love the game to the core, but it will certainly help; otherwise, it is just more work.
Still interested in soccer betting? Good for you, here are the pros and cons of soccer betting you must be aware of.
Betting on Soccer-Pros and Cons
A whopping 70% of all sports betting done is on soccer, which tells us how important people consider soccer to be. If you consider how many different sports are there, this is an amazing statistic. This can be easily taken as one of the reasons why football betting has the potential to be profitable, but there are some other reasons too.
Here are some of the pros:
- Huge range of betting opportunities
- Large scale coverage of the sport
- Availability of large volume of data
- Extensive variety of wagers
- Availability of quality betting sites
Now if we focus on the disadvantages, then some are hard to ignore:
- Upsets in soccer are more common than any other sport
- Soccer games have three possible outcomes; a tie makes it a lot more complicated to calculate the odds
- The bookmakers pay a lot of attention to soccer. In simple words, bookmakers take too many wagers on soccer games, which is why they work extremely hard to keep odds and lines as tight as possible, which makes it hard to find a value to wager on.
Although the disadvantages are quite significant, they are still outweighed by the pros, so it is safe to assume that betting is quite a lucrative domain. But you must always keep the cons into consideration too when putting the bets.
Still interested in soccer betting? Then, this article will help you get started
As we have discussed before, having background knowledge of soccer will help. If you are not already following the game, we recommend you read articles and current news that will help you expand your knowledge. OddsMax has some valuable resources such as the Top 10 Soccer Club in the World that you can benefit from.
But that’s only the first step; second is to understand the fundamentals of sports betting, soccer betting particularly. While it can get complicated to understand the fundamentals, we will make it simple for you:
- Learn about soccer odds
- Set goals
- Decide where to bet
Soccer odds are the likelihood of an outcome in an event. If you don’t want to be blindsided and taken for a ride by bookmakers and sportsbooks, learn to understand betting odds and how to use them for calculation. Most popular soccer odds types are the Decimal Odds, Fractional Odds, and American Odds.
Explaining the sport betting odds is out of the scope of this article, which is why you have to read this betting odds for beginners’ guide we have put together.
Stop, don’t continue until you have learned about the betting odds.
Betting is a form of gambling, but it doesn’t have to be an addiction if you learn to set goals from the very beginning. First, decide whether you are betting for pure fun or for making long-term profits. Based on the end goal, form a strategy, and stick to it. Do not over wager or stake money that you cannot afford to lose.
The final step is to decide where to put the wager on soccer games. Many so-called experts assume that it doesn’t matter where you bet, but we agree to disagree. IT MATTERS A LOT. We always recommend betting online because the sheer number of choices and availability of odds is endless. However, the choice of the right soccer betting site is important.
Fortunately, we already have a compiled list of best soccer betting websites for you to explore. Pick from any of these betting sites confidently.
Choosing the right competitions to bet on
Most people make predictions and put wagers on what they think might happen. This approach might seem logical, but it’s not the right way to bet.
The key to success in sports betting (not just soccer) is to find the value in the odds. Rather than making empty predictions, learn to make a judgment based on the calculation of how likely is a possible outcome and based on these calculations find value.
Learn betting strategies
Further, soccer betting is not just making predictions but data-based calculation, you can almost double your chances of winning by learning some important soccer betting strategies. Even the most successful sports bettors agree that putting a wager without a strategy is just gambling and playing on luck.
For those who want to be successful in soccer betting, in the long run, need to learn some tested soccer betting strategies. While there are a lot of betting methods but five soccer strategies stand out:
- Football accumulator offers
- Football price boosts
- Football Matched Betting
- Football refund offers
- Betfair football trading systems
Here is a detailed post on these proven soccer better strategies for success.
Most people who begin with soccer betting dive straight without putting any effort into understanding what they are doing. You should not follow the same. OddsMax has made this guide to help beginners get a good head start with soccer betting and learn a lot more as they go along.
Still, remember, you will certainly face more losses than wins at first. It’s just the way it is.
If you are in it for fun, then you may not be bothered with the losses at first, but even if you are in it for profits, don’t get discouraged with the defeats at the beginning.
That being said, never lose more than you can afford to in any case. Make a good habit of setting goals and quitting when you must to keep your losses at a minimum, and enjoy soccer betting.