It is a widely known fact that football is probably the most favoured sport on the planet watched by around 3.5 million people in the world. Some of the most avid fans of the game come from South America, Brazil, Europe, Africa, Australia and North America. It is also one of the sports that has the most amount of people betting on.
It is one of the leading fields where the money never stops pouring. Experts say that it annually makes about $US700 billion and $US1 trillion. This is about 70% of the total sports betting earnings made around the year. There are new joiners every year who bet in good spirit and support of the game. Football betting is on the rise, not only in the US but in countries around the world.
As a beginner, though, there are certain things one must keep in mind before entering the betting zone. It’s always good to have a few tricks up the sleeve and try not to commit amateur mistakes as much as possible for fear of losing money over it.
So, what are some of the essentials to keep in mind for newcomer beginners?
- Know the different bets
Knowing the field well and being aware of the various choices you are given to betting; presents to you an array of bets you can place. It also helps you make a wise decision and not scramble your money away. Some of the types of bets available are:
- Point Spreads
A point spread is a form of handicap that is used to create a 50/50 wagering proposition. It means that the points are deducted or added equally to the teams to create an even spread. This creates a level field to bet on.
A bookmaker posts an estimated number of scores for both sides, and then you have to decide if you want to bet on over or under this score. A wager will win if the score is more than the one set earlier and will lose if it is less than the one estimated.
Moneyline bets refer to betting and supporting a team irrespective of the points they make in the match. The team that wins the game makes its supporters win the bet.
Props refer to propositions which means that the wager does not win or lose money on the final result being declared at the end of the match. Winning or losing is decided on the various propositions on which the wager bets. For example, the first team to score a point, number of field goals kicked etc. These are considered the fun type of chances rather than using them solely to make money. Although, if you keep up to it, one can earn a good profit out of it.
Futures are bets that wagers use to bet on teams or individual players and their performance in their season. A wager on a team to win the Super Bowl, placed at the start of the season, would be considered a future. This is also applicable on a wager on a team to be the National Football Conference champions, or a wager on a player to win the Most Valuable Player award.
- Knowing where to place your bet
The next thing on this list is to see where you can place your bets for the game. You can set your chances in several places and several ways. Some of them are as below:
- Casino Sportsbooks
Casinos around the world contain a sportsbook for sports betters. They have a giant tv screen showing the live sports actions along with the odds boards showing the latest odds. So, you can place bets according to these odds. You can place bets at the counter or a computerized machine. These are great places to play games at the casino as well as betting on these games.
- Bookmaking Shops
Bookmaking is similar to sportsbook except it isn’t being done in a casino. The setup is identical to a casino sportsbook with wagers placing the bets at counters.
- Betting on call
This is one of the straightforward ways of placing a bet on call. All you have to do is call up the telephone betting services, tell the operator which wagers you would want to place a bet, confirm the odds and make your payment by giving your credit card details. You can make payment using other payment methods as well.
- Online Sports Betting Sites
Football betting is on the rise when it comes to online sports betting sites. The main reason is that it is the most convenient and accessible option for most out there. This isn’t the preferred option for most countries since it hasn’t been made legal in a lot of countries as yet. Hence, gambling online is equivalent to participating in illegal activity. However, it is legal in the US, whereas other countries are creating laws to make it legal since it is steadily becoming a significant source of revenue.
This method is gaining popularity since it can be done from the comfort of one’s home. All you have to do is visit the website you want to start betting on, choose your bet, make an online payment using your credit card or any other online payment method and your good to go! Some of the popular betting websites are betway, 10bet, Genting bet and 22bet amongst others.
Football betting is one of the quicker ways of making money and can get addictive beyond a point. Ensure to draw a line and to begin slowly and steadily gaining experience along the way. Remember to collect bonuses that the betting provides you with. Alongside, use more than one account to use in your betting endeavours. Learn from the mistakes you make, if any and keep your strategies clean and straightforward since betters can tend to opt for complex ones to gain more money.