You
might not know this about me, but I am not an expert when it comes to sports betting, No, I am not!
Yes, I know football inside out, but when it comes to football betting, I am just a "nepio," almost a novice.
Sometime ago, I decided to learn more about
football betting, so that I can better contribute to the conversations and the various requests from our numerous fans on this betting matter...
I have been researching things about this subject for some time now and thought I should share them here as a guide for beginners
I have been researching things about this subject for some time now and thought I should share them here as a guide for beginners
You
may wonder why I didn’t ask my friend Daniel Abba to write this guide; he is the guru of Sports betting, you know him.
But I thought it would be better
coming from someone picking up like me.
Abba knows too much he might assume you know something you don’t...just like the fundermentals or even football betting terms. I didn't want to go with such assumptions!
Abba knows too much he might assume you know something you don’t...just like the fundermentals or even football betting terms. I didn't want to go with such assumptions!
ABC of Sports Betting is a beginners guide...a simple and easy way to learn from the scratch.
I
figured I would start off with some football betting terms, if I want to make this guide really ABC of Football betting. It is important you know these terms:
·
Stake – This is the amount of
money you place on a bet, in other words the amount of money you stand to lose
if you don’t win.
·
Accumulator – A football accumulator is a series of
single bets grouped together, if each of the bets comes off then the odds
accumulate together.
Normally when you hear of people putting a fiver on something and winning a couple of thousand it is because of accumulators. Because each bet needs to win though they can be risky.
Normally when you hear of people putting a fiver on something and winning a couple of thousand it is because of accumulators. Because each bet needs to win though they can be risky.
·
Handicap – This is a bet that is
offered when one team is the clear favourite – Think Brazil vs your local old
boys team! The handicap gives a small advantage to the underdog. For example,
there may be a one goal head start given to the underdog. I am going to explain
Handicapping more later in this article.
·
Half Time/Full Time – This type of bet is split nto two, when you predict the winner of the first half then of the entire
game. So you could predict a draw at half time but for the home team to win by
full time.
·
Banker – This is basically the
closet thing to a certainty as you can get, the tipster is very sure that the
bet will land if they consider it a banker. For example we give banker tips to our members.
·
Scorecast – This is when you bet on a
player to score the first goal along with predicting the correct score.
·
Wincast – Very similar to a scorecast
but you bet on a player to score and then predict the winner of the game.
·
90 Minute Betting – This is mentioned a lot
when people bet on individual players (maybe as goal scorers) normally if the
player doesn’t make an appearance the bet is called off, but if the player
appears during the normal 90 minutes of the game they are eligible for the bet.
·
24 Hour Rule – Most betting websites
have a rule like this, where if a match is postponed the bet only becomes void
if the match doesn’t get played within a 24 hour period.
So for example if a match was just put back 2 hours the bet would still stand.
So for example if a match was just put back 2 hours the bet would still stand.
·
Over/Under – This is when you bet on
the amount of goals being scored, normally it will be over or under an amount,
for example over 2.5 means if there are 3 or more goals. Under 2.5 would be 0,
1, or 2 goals being scored.
·
DNB – This stands for Draw
No Bet. What this means is if the score is a draw you get your money
back for your bet.
This can be seen as a safer option but you should understand that the odds are usually lower when this is selected.
This can be seen as a safer option but you should understand that the odds are usually lower when this is selected.
·
Double Chance – A Double Chance bet is one where you pick a
winner and if they win OR it is a draw, you win the bet. If the team you pick
loses then you lose the bet. Like DNB the odds are generally lower but it is a
safer bet as a result.
Handicaps
Handicaps
are something that confused the heck out of me for the longest time, so I want
to spend a while looking at them in detail. This is such a common question that
I have written up a guide to the differences between Asian and European handicapping.
There
are two types that I will be talking about, Asian Handicaps and European
Handicaps, I will mention each one in turn but first let me reiterate what I
said above.
This is a bet that is offered when one team is the clear favourite – Think Brazil vs your local old boys team! The handicap gives a small advantage to the underdog. For example, there may be a one goal head start given to the underdog.
This is a bet that is offered when one team is the clear favourite – Think Brazil vs your local old boys team! The handicap gives a small advantage to the underdog. For example, there may be a one goal head start given to the underdog.
Asian Handicaps: The
best way to try and describe this is with an example, but first it is important
to know that draws get refunded when you are doing Asian Handicapping.
In the most simple example Image Team A vs. Team B and the handicap is Team B + 2.5.
This
means that in order for Team B to lose, Team A would need to score 3 goals
against them.
For
a slightly more complicated example I am going to introduce what are known as
two way handicaps.
Imagine Team A vs. Team B and you get the handicap: Team B +1.0, +1.5
This means that half of your bet goes on Team B to win, draw, or lose by less than 1 goal; and half on Team B to win, draw, or lose by less than 1.5 goals.
If the final score is Team A 1-0 Team B, half your bet would be refunded due to draw (Team A 1 – +1 Team B). The second half would win (Team A 1 – +1.5 Team B).
Imagine Team A vs. Team B and you get the handicap: Team B +1.0, +1.5
This means that half of your bet goes on Team B to win, draw, or lose by less than 1 goal; and half on Team B to win, draw, or lose by less than 1.5 goals.
If the final score is Team A 1-0 Team B, half your bet would be refunded due to draw (Team A 1 – +1 Team B). The second half would win (Team A 1 – +1.5 Team B).
European
Handicaps
You
will be pleased to know that if you have grasped Asian Handicapping then
European Handicaps are easier! They are the same as Asian Handicapping but a
draw is possible.
So
if you bet on Team A and they are at -2 and they win 2-0, that would be a draw
and you would lose your money. (In Asian Handicaps you would get your money
back)
Overs and Unders
You
will often see phrases like “Over 1.5 goals” or “Under 2 goals”.
The
general principle
Let’s
ignore the ‘.5’ bit of these phrases for now. These bets that are stating that
over (or under) a certain amount of goals will be scored.
If I
were to bet that on a certain match “Over 2 goals” would be scored I would win
if all the goals in that game added together were more than 2; so if the final
score was 2–1, I would win because the total amount of goals is 3, which is
more than 2.
Why
.5?
Normally
bets like these will include ‘.5’ – whilst this seems confusing (how do you
score half a goal?) it actually makes the bet much easier because it
removes the possibility of a draw.
If
I bet that Under 1.5 goals will be scored the following score lines would mean
I win;
0–0,
1–0, 0–1
This
is because if you add up both teams goals, no result scored more than 1 goal.
If
a game ended 1–1 I would lose, because 2 goals is larger than 1.5. There is no
way for me to draw.
Not
just goals
Overs
and Unders don’t just apply to goals, you could have “Over 2.5 yellow cards”,
“Under 20.5 throw ins”. Pretty much any event that can be easily counted could
have an Overs or Unders bet associated with it.
Accumulators
Vs Singles
These
are the two most common way to place bets these days so I wanted to cover them
in a little detail. We don’t hide that fact that Ian prefers singles but that doesn’t help
you if you don’t know the main differences.
When
you bet with an accumulator, all your bets need to win in order for you to be
able to claim the money. This makes it much harder to win but of course the
reward is far greater. As a new football bettor it is very tempting to bet on
accumulators because you could see your £10 stake spiral into big bucks pretty
quick.
Singles on
the other hand are not effected by other bets. So if I place £10 on three
different matches as singles and 2 of them come in, then I make money on those
two bets.
The odds aren’t as good if I was to role up all my bets into an accumulator, but the odds of me walking away with some money are much higher.
The odds aren’t as good if I was to role up all my bets into an accumulator, but the odds of me walking away with some money are much higher.
The
main advice here is to find what it right for you. Just because some people
swear by accumulators and others swear by singles doesn’t mean you should
listen to the loudest voice. Do some research, maybe put some small stakes on a
few different ways and see what felt good and what had a good return on your
investment.
Getting
your way with the bookies
Something
you will encounter when you start football betting is a range of different
online and offline bookmakers.
All will have their own way of dealing with things and all will want you to work with them differently.
This can seem daunting but you will soon understand it...and how to state your case if you think a bookmaker has wronged you.
All will have their own way of dealing with things and all will want you to work with them differently.
This can seem daunting but you will soon understand it...and how to state your case if you think a bookmaker has wronged you.
Generally Accepted Good Tips for Beginners
A
guide to football betting wouldn’t be complete without sharing some good tips!
Here are some generally accepted good tips that I have gleaned from my research
and also from interviewing football tipsters!
Don’t
bet with your heart, bet with your head
This
means don’t bet because you want a team to win, bet because you think they will
win!
Likewise
don’t bet against teams you don’t like just because you don’t like them, bet
against them because you think they are going to lose.
Try
not to get greedy
There
are two things I have caught myself doing related to being greedy, the first is
adding extra teams into an accumulator just because it will bump up my maximum
payout. This is almost always a terrible idea!
The
second thing I have done is bet more money on a team than I initially was going
to. You should have a plan for how much you are going to bet and stick to it.
Have
patience
You
are not going to win every bet, if you want to become successful at betting on
football you need to be patient and pick the right bets for you.
Never
bet more than you can afford to lose
Before
I place a bet I always think about the money I am going to be placing on it and
think, if I were to lose this money right now would I be OK with that. If the
answer is no I won’t place the bet.
Seek
help if football betting is becoming a problem
If
you think gambling might be becoming a problem for you then my advice is to
seek help. GambleAware might
be worth a visit!
Don’t
bet on friendlies
They
are too unpredictable, you don’t know how much effort the respective teams are
putting in and reserve players may get an outing that you weren’t counting on.
If
the friendlies are before the start of a new season (they often are) players
will be very aware to not pick up any injuries so might not play as hard as
they normally do.
Know Team
Motivation
What
I mean by this is that two teams can look a certain way on paper, but if one of
those teams has already won the league and the other is fighting to stay in the
league there is a very good chance that the team good on paper will be on auto
pilot whilst the team playing to stay out of relegation is going to be fighting
for their life!
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