Football Betting Basics Every Newbie Should Know

Read the Odds

Football betting, just like sports betting in general, is built around the odds. The most important thing to understand is that the odds you’ll be presented with – whether you’re betting in a bookmaker’s shop or through an online football betting website – will determine how much money you’ll make in the long run, or lose if you don’t make the right predictions. When it comes to online football betting, there are two types of odds you’ll encounter: decimal and fractional. The decimal odds more or less correspond to the potential profit you can make on a bet. For example, when you’re presented with odds of 2.5, it means that you can double your stake, but you won’t be able to cover your stake with the profit. Fractional odds let you know how much profit you’ll gain if you bet correctly. For instance, odds of 1/3 means you’ll make a total of £33, while odds of 4/11 mean you get a £44 profit. Again, football betting odds and sports betting odds in general will determine the amount of money you can make with a successful prediction.

Shop Around for the Best Value

Every football bettor needs to figure out which betting market offers them the best value. What this means is that, rather than relying solely on a single betting market or bookmaker, you need to look around to find out which one offers the best odds. Put simply, if you want to make the most money you can out of your football bets, you need to compare the odds offered by the different bookmakers on the market. Sure, this can be time consuming, but successful football betting requires that you put in the time and effort, so this is actually part and parcel of the process. You need to compare the different offers in order to find the one that gives you the best value. Some bookmakers might offer more competitive odds in a certain betting market, while some might have better odds in other markets. By shopping around, you’ll find a bookmaker that gives you the best value for your football bets.

Look for the Best Return

Once you’ve taken the time to find the bookmaker who offers the best value for the bets you make, you need to also look for the best returns. Different football betting sites may offer you different returns for your winnings from different betting markets. Another factor that will influence your return is the size of your wager and multiple bets placed on the same market. Therefore, you have to look at all these factors with the aim of maximizing your returns. Also, when shopping around for the best value for your football bets, you should take the time to compare the returns that each bookmaker offers, and make sure to look for the one that gives you the highest return.

By Keeping Records

Lastly, it’s important to point out that successful betting requires that you keep records. Lucky guessing it not a viable or sustainable football betting strategy. If you want to make money out of your predictions, and if you hope to consistently weigh the risk vs. reward of each decision you make, you need to collector as much relevant info on the outcomes of your football bets. Keeping track of the bets you make will also help you make better and smarter decisions. Therefore, you need to collect data on your wagers, including the type of bet you made, the bookmaker, the odds, the market, and any other info that can help you have a better understanding of how the betting landscape works. By doing so, you’ll get a better idea of what type of predictions you make and which markets offer you the best value.

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