Football Spread Betting Explained
- Football Spread Betting Explained Week 9
- Football Betting Odds Explained
- Understanding The Spread In Football
- Spread Betting College Football Explained
Football betting is one of the most exciting sports to place your bets on and there are millions of fans around the world that enjoy doing so regularly.
- Football Spread Betting Step 1:. Choose a spread market on a match. The 'spread' on Total Goals may be 2.8 - 3. Decide if you think the final outcome will be higher or lower than the spread. More than 3 goals) you would buy. If lower (fewer than 3 goals).
- In this spread betting explained guide we will be focusing on football. This type of betting is not just confined to football though. Cricket spread betting is also a very popular, with numerous different markets available. Placing spread bets on the Premier football is an entirely different experience to the normal fixed odds betting we have become accustomed too.
- Point Spread Betting Explained: Rules and Guidelines. As with football, NBA point spread betting lines can be identified by their use of the (+) or (–) symbols. Toronto Raptors -7.
May 22, 2020 In sports betting, how much a team wins by is usually all that matters. The most popular way to bet for the two most popular sports, basketball and football, is with the point spread, also known.
However, those new to the betting scene are sometimes unsure about different football betting terms, how betting on football works and most importantly how to place winning bets.
That’s why we wrote this football betting guide which will explain the key strategies, betting terms and other important information you need to know so you can make more profit from your football bets in 2019.
Ready? Let’s jump right in.
Football Spread Betting Explained Week 9
Football betting explained
One of the most common questions we get asked is whether you should place your football bets at a bookmaker or a betting exchange.
So to kick off our football betting guide, we’re going to look at the difference between a bookmaker and a betting exchange plus the benefits of each platform when betting on football.
Bookmaker or exchange for football betting?
So what’s the difference between a bookmaker and betting exchange?
Bookmaker
A bookmaker or bookie as it’s often referred to is your traditional betting platform. This is the most common and popular type of betting company and one that you’ll probably use regularly.
Examples of a bookmaker include Ladbrokes and Coral. At a bookmaker, you effectively bet against the company when you place a wager.
If you win your bet, the bookie loses and vice versa.
Bookmakers offer a range of features that still makes them the most popular betting platforms in 2019.
Some of their benefits include:
- Great promotions and bonuses
- Boosted odds
Great promotions and bonuses
Bookmakers typically offer a great range of promotions to their new and existing customers. They use them to incentivise punters to place more bets. However, you should use them to increase your football betting winnings.
Here’s a great example of a football betting offer you should consider using.
Boosted odds
One of the benefits of using a bookmaker, is you have access to features such as boosted odds whereas using a betting exchange you don’t, as we’ll look at below.
Much like the promotions and offers mentioned above, odds boosts will only help increase your football winnings if you pick wisely and land your bet.
So what about betting exchanges for your football betting?
Betting exchanges
A betting exchange is another common betting term you’ll come across.
An exchange is an online marketplace which matches gamblers together. A betting exchange doesn’t take on any bets like a bookmaker does meaning you don’t bet against the company. You’re betting against other punters. It’s a peer to peer platform.
The betting exchange makes money by charging a commission on players’ net winnings rather than building a profit margin into the odds. This means you’ll generally get better value odds at an exchange like Smarkets as well as other benefits which we’ll look at below:
- Both back and lay bets available
- Bet against other punters
- Better value odds
Back and lay bets
Both back and lay bets are available at betting exchanges which is something not available at a bookmaker. For the majority of football punters, they’re only interested in placing back bets.
However, for the serious bettors who win football bets regularly, they also place lay bets.
Bet against other punters
As a betting exchange is a peer to peer platform, you’re betting against other punters rather than against a bookmaker. This adds another layer of excitement as you always want to beat your ‘opponent’ and win your football bet.
Better value odds
Due to how betting exchanges work, you’re going to get more valuable odds compared to a bookmaker who has to build their profit margin into the odds.
This is great for football bettors as it means you’ll have more winnings when you land a bet.
So, overall what betting platform should you use to place your football bets in 2019? As I said at the start, it’s really up to you and depends on your needs. The right choice for me may not be the same for you.
A mixture of both is generally a solid approach.
When it comes to opening a new bookmaker or betting exchange account, check out this guide.
Awesome, now you’ve got a better idea of the different types of betting platform, let’s look at some football betting types.
Football betting terms – Different bet types
Next up in our football betting guide, we’re going to explain the different kinds of bet you can place on football.
Single bets
Single bets are the most common and popular football bet type in 2019. A single bet simply means you place one bet at a bookmaker or betting exchange.
You’ll probably start off using these bets as they’re the most simple to understand and place.
However, you can’t write a football betting guide without mentioning the incredibly popular football accumulator.
Football accumulators explained
An accumulator is a bet that contains more than four selections. For you to win the overall accumulator, each selection in the bet must win.
Football Betting Odds Explained
Accumulators have become very popular over the last few years, especially when betting on football.
As you can imagine, the winnings can be quite profitable as the probability of all outcomes occurring is quite low.
The bookmakers usually add promotions and special offers to accumulator bets, meaning the potential winnings can be even greater.
On the other hand, accumulator bets have to be placed at one bookmaker meaning you may not always get the best odds on each selection.
For more information and how to win more football accumulators in 2019, check out this article.
Football betting explained – key markets
Next up in our football betting guide, let’s look at some common football markets you should consider betting on.
Win/Draw/Win
The most basic of football betting markets, you may also see Win/Draw/Win written as 1X2 or match betting. Don’t let this confuse you, it means the same thing.
In this market, you’re betting on the outcome of a football fixture. The first part of the market represents a home team win, the second a draw and the third an away victory.
If you’re just getting started with football betting, I recommend you stick to this market as it’s the easiest to understand and bet on. Once you’ve got this nailed, you can move on to football markets mentioned below.
Both teams to score
This football betting term is pretty self-explanatory. You’re simply betting on both teams to score at least one goal in a fixture.
You should generally expect the odds for this market to be quite low unless a fixture is likely to be incredibly one-sided.
Both teams to score + win
This football betting market is the same as the one above apart from you’re also selecting a certain team to win the fixture. You’ll get better odds than the market above as the outcome is slightly less likely.
Correct score
Another self-explanatory market, in this scenario you’re simply selecting what you think the final score of a football match will be. Guessing the correct score can be quite difficult so you can expect large returns if your bet wins.
Draw no bet
A draw no bet is a football betting market that is voided if the fixture ends in a draw. In other words, your wager is returned if the game finishes level.
However, if your selected team wins or loses, the bet still stands. These markets are great for bettors who think a team may win but there’s also a chance of a draw.
Double chance
A double chance bet allows you to bet on a team winning or drawing a fixture. It essentially has two parts to the bet meaning you have two chances at winning. However, you should expect much lower odds than in the Win/Draw/Win market.
Half time/full time
A betting market where you bet on the outcome at half time as well as the outcome at full time in the game.
Football betting explained – goal markets
Next up in our football betting guide, we’ll look at some common goal markets you can expect to find at different bookmakers and betting exchanges.
First goalscorer
In this market, you’re betting on who you think will score the first goal of a game. You may find several promotions available on these markets, especially if leading goal scorers are in action.
Anytime goalscorer
Similar to the previous betting market, except you’re selection can score at any time during the fixture. The odds will be lower than in the previous goal market.
Handicap
A betting market that levels the playing field between strong and weaker opponents. The underdog is usually given a head start in terms of goals.
Team to score Yes/No
In this scenario, you’re betting on a certain team to score a goal at any point during the game. If you wish, you also usually have the option to select which half you think the outcome will occur in.
Scorecast/wincast
In this football betting market, you’re staking money on who will be the first goalscorer as well as the outcome of the fixture. As you can imagine, winning outcomes are quite unlikely meaning large returns if you land your bet.
Over/Under
Another popular betting market in the online football betting world. There are many different markets that the Over/Under category can be added to. However, here are some of the most common ones you’ll come across.
Understanding The Spread In Football
Over/under Goals
In this football betting market, you’re betting whether you think the actual number of goals will be over or under a certain number.
Over/Under Corners
Similar to the market above, you’re betting on the total number of corners during a fixture. You can select whether you think the number will be higher or lower than a certain figure.
As I mentioned earlier, the Over/Under market can be added to a huge range of categories meaning the potential options are endless.
You can also bet on other types of football market including outrights and specials. However, these markets are pretty self-explanatory.
Football betting terms
Here are a few more key football betting terms you may come across once you begin your betting journey.
Back bets
When you stake money on a certain outcome happening.
Bankroll
The amount of money you have in your theoretical betting balance.
Cash-out
A popular betting feature which enables punters to close and settle their bets before an event has finished.
Football betting explained – overview
That’s it for our football betting explained article.
Betting on football is one of the most exciting sports to place your wagers on. I hope this guide has helped explain the main key terms and information you’ll need to place winning bets in 2019.
Spread Betting College Football Explained
Are we missing some key football betting information? Leave a comment below and we’ll update the article.
Understanding the different types of betting options is crucial when you’re getting a start as a first-time sports bettor.
The Point Spread: Betting the spread
For those new to sports betting, the point spread is the simplest, most straightforward approach to placing wagers.
Sports books set a predetermined margin of points on a game and a team must win – or not lose – by that set number. That’s why you’ll often hear people say the team won, but they “didn’t cover the spread” so their bet still came up short.
It’s not a matter of a team winning or losing like in a moneyline bet.
For a favorite: The favorite must win by more than the point spread.For an underdog: The underdog must outright win OR lose by fewer than the point spread.Sports books aren’t in the business of predicting who will win or lose games. Their goal is setting a pre-game point spread with the intention to generate an equal amount of betting action/volume on both sides of the ledger – as much total money being bet on the favorite as on the underdog.
The vast majority of point spread wagers are made on football and basketball because of the proliferation of points that are scored in comparison to sports like baseball and hockey, where 1-0 or 2-1 games aren’t that out of the question or out of the norm. There’s one every night.
For example, the New England Patriots are playing the New York Jets and New England is a 9½-point favorite. Bettors typically have to spend $110 or so to win $100 with sports books, known as “the house edge/advantage.” With a point spread bet, simply having a team win the game isn’t the key. The critical factor to betting a point spread is how much a team wins or loses by. If a wager is placed on New England – “laying” the 9½ points – the Patriots need to win the game by 10 or more points for that bet to pay off. If New England wins 28-20, those betting on the Jets plus 9½ points (points added to their final total) win the bet.
The same general rules apply for basketball and are quite easy to follow because of the inherent simplicity of the bet. When it comes to betting sports like baseball and hockey, the standard bets are made on the “money line” – an established number for both teams to win the game outright.
What makes point spread bets attractive are the fluid nature of each game – it’s a reality show that, when done right, is inexplicable. Games change on one play and momentum is a thing. But, when it comes to point spread betting, you know where you stand at every moment.
For those just starting out, the simplest form of gambling is betting the spread because it’s the easiest to explain and understand, which explains why it is the most popular form of sports wagering.