Football is the most popular sport, with millions of fans around the world watching games every day. It is no doubt that it is also the sport with the highest number of bettors and attracts the most money. Many people believe that they can make some money by betting on sports.
Common terms used in football betting
Here some of the most common football betting terms you should know:
Stake-This refers to the amount of money a bettor uses to make a bet
Accumulator-This is a series of single bets placed together as one bet. To win, each individual bet must win.
Handicap-This bet is offered when on team is a favourite. Think of Spain playing against your local boys’ team. The underdogs gets a small advantage from the handicap.
Half time/full time-This bet is divided into two: when you predict the team that will win in the first half and at the end of the game. That means that you can predict the away team to lead at half time but the home team to win at full time.
Over/Under-This is when you predict the number of goals to be scored, normally over or under a certain amount. For instance, 2.5 means the total number of goals at the end of the match must be 3 goals whereas under 2.5 means the total number of goals must not exceed 3.
Double chance-This bet allows you to bet on two of three possible outcomes of a match with a single bet. That means that you will win if the team wagered on either wins or draws.
Handicaps is football betting term that confuses many people. There are two types of handicaps: Asian Handicaps and European Handicaps. As we mentioned above, Handicaps is a bet where one team is a favourite. For instance, the underdog may be given a one goal head start.
– Asian Handicaps
An example will help us to describe this much better. But you should first note that draws are usually refunded in Asian Handicaps.
Think of Team X vs. Team Y and the handicap is Team X +2.5. That means that Team Y needs to score 3 goals for Team X to lose.
– European Handicaps
If you have mastered Asian Handicap, then you can be sure that European Handicap will be a lot easier. The main difference between the two handicaps is that draws are possible in European Handicaps.
Let us illustrate with an example. If you bet on Team X and they are at -1 and they managed to win 1-0, that would be a draw and it means that you will lose.
Overs and Unders
You’ve probably heard of phrases like over 1.5, over 2.5 or under 2.5.
The basic principle
For now, let us ignore the .5 part. These bets state that a certain number of goals will be scored during the match.
If you bet that “over 3 goal” goals will be scored in a certain match, it means that if the total number of goals (for both teams) were more than three i.e 3-1, you would win because the total number of goals is 4.
What does the .5 mean?
Overs and Unders usually include .5. Although this may seem confusing considering the fact that you cannot score half a goal, it makes the bet a lot easier and eliminates the possibility of a draw.
For example, if you bet Under 1.5 goals, it means that score lines must be 0-0, 0-1 or 1-0. If you add up the goals of both teams, no result scored will be more than one goal.
If the matches end with a 1-1, you would lose the bet because 2 is larger than 1.5.
Football Betting Tips to Keep In Mind
When you start betting on football, you will realize that there are many different bookmarkers that operate online and offline. You need to bet wisely to ensure that you win. Here are a few simple tips to keep in mind:
Bet with your head, not your heart
Don’t attach emotions when betting on football. Bet on a team because it has the ability to win. In addition, don’t bet against a team just because you don’t like it. Instead, bet against it or them because you think they will not win.
Don’t be greedy
This is a common problem with many people who bet on sports. Bettors will often add more teams into the accumulator just to increase their maximum payout. Another terrible mistake that people make is betting more money on a team. You need to have a plan in place for how much you will stake on a bet and stick to it.
You should always keep in mind that you are not going to win every single bet you place. If you want to become successful in football betting, you need to be patient and always choose the right bets.
Learn to manage your bankroll
Before placing your bankroll, think about the money that you are going to stake and decide if it would be OK if you were to lose that amount. If your answer is no, then don’t have to place the bet.
Avoid betting on friendlies
Friendlies are too unpredictable because you don’t know the effort that teams have put in. Most importantly, you should note that if friendly are before the start of the season, players will be too careful not to get injured; so they may not play as good as they should.