7 Key Strategies for Betting on Football

7 Key Strategies for Betting on Football

Football is the most popular sport in the world, which translates into lots of betting action and big odds of winning big.

However, it can all be a little confusing for newcomers. There are many betting options available and it’s not always clear which one is the best.

Bet Type

When you bet on football, you have options. The most common is the money line, also called match odds. If the odds of the match are 1.77, then you have to bet one dollar to win 77 cents.

Another common bet type is parlay, also called multiple or combo. Parlays allow you to combine two or more bets; the advantage is a higher payout, but the disadvantage is that both bets must win to claim it.

Bankroll Management

An important aspect of any sports betting is bankroll management. Budget your bankroll, monitor and maintain.

Record your actions to identify winning and losing tendencies. Schedule your actions to take advantage of free bets, deposit bonuses and other promotions at the sportsbook of your choice, always check the latest promotion and bonuses on https://www.mabosway.win/.

Avoid Non-Skill Betting

Avoid soccer bets that have no skill element or a reduced skill element. The most common bet of the non-skill bet is the prop bet.

An example of a prop bet is betting on the first yellow card. Parlays are not a reduced skill bet; the odds increase but so does the potential for victory.

Small Bet

The best way to bet on football really depends on the size of one’s bankroll. The average person has a modest bankroll and should like small stakes.

In other words, don’t put all your eggs in one basket. Identify three or more betting odds that you like in this period and spread the action over them.

Parlay

Parlay

Don’t be afraid of the combo bet, which is the biggest and most common mistake new bettors make.

If you feel strongly about two or more bets then parlay it. Use one small bet to offset the rest of the action.

It is often possible to use a “safe” single bet to offset the risk on the parlay.

Favorites vs. Underdog

Favorites are obvious choices. After all, there is a reason why they are the favorites. However, more often than not, smart money is on the underdog side.

That doesn’t mean that all underdogs are good bets, but underdogs generally provide the best risk-reward ratio.

Each betting period you have to bet on both the favorite and the underdog, but emphasize the underdog.

Double Chance

When you bet on football, double odds are betting on the team to win or draw, and the cost of that profit is the payout reduced.

There are times when multiple odds are almost a sure thing, and this is an example of being aware of the betting environment and taking advantage of it.

For example, if at the end of the season a team cannot lose then that is the perfect chance for a double odds bet.

Read also Stepping Ground For Soccer Betting Predictions.