While football may be considered the beautiful game, betting on the sport tends to get really ugly really fast if you don’t know what you’re doing. We’ve seen countless people lose thousands of dollars when learning the ropes of football betting which puts them off from the sport altogether.
To help them out, we’ve compiled a concise guide that will help you understand the basics of football betting. So, if you can’t tell your Asian and European handicaps apart, this guide is bound to help you out!
The Two Handicaps:
In order to win big when betting on football matches, you need to be able to tell your handicaps apart. Here’s all you need to know about these two essential terms,
1. European Handicap:
It doesn’t take a rocket scientist to understand how European handicaps work. When you break it down, this handicap operates the same way as a 3-way bet. This handicap becomes active when there’s a significant difference in class and quality between two teams.
To understand this better, let’s say the Brazilian National Football team is about to entertain San Marino at Estádio do Maracanã. Given how highly rated the Brazilians are, it would make no sense for the bookies to offer you simple, straightforward odds.
In such scenarios, bookies tend to offer an European handicap. For example, your local bookie may offer you a handicap of -2 goals.
That means, even if you bet on Brazil and they win by a one-goal margin (1-0, 2-1, 3-2, etc.), you lose money. This particular handicap makes it so that Brazil have to win by at least 2 goals for you to win!
2. Asian Handicap:
Unlike its European counterpart, an Asian handicap is a little tricky.
For example, Manchester United are about to play Yeovil Town at Old Trafford. Every sensible betting person will tell you that betting on United is the safest bet you’ll ever make. So, to make things more interesting, a bookie will introduce an Asian handicap.
Let’s say that the handicap is 2.5 goals in favor of Yeovil Town. This means that even though the game starts at 0-0, Yeovil Town have an advantage of 2.5 goals on the betting books. In other words, you can only win if Manchester United were to win by 3 goals (3-0, 4-1, 5-2, etc.)
Simple Football Betting Terms:
Now that you know your handicaps, let’s quickly go through some common betting terms that will help you get started.
This is pretty self-explanatory. The stake is defined as the money you’re willing to bet on the match.
Accumulators can be incredibly fun or incredibly frustrating. Basically, a football accumulator is a series of bets you place on a matchday, that offers you exponential profits should you win.
For example, you bet that Juventus will beat Atlanta B.C., AC Milan will overcome Napoli at the San Siro, Torino will defeat Inter, and Roma will beat Fiorentina in a particular matchday, then the odds of each outcome will multiply.
In other words, if you bet $5 on an accumulator, you can (based on the likelihood of each outcome) stand to win thousands of dollars! That being said, you will only receive your winnings if every single one of your predictions come true. In our current example, let’s say Juve, Milan, and Torino win their games while Roma are held to a draw at Fiorentina, you will lose your stake!
So, when it comes to betting with accumulators, it pays to know when to get out and when to continue betting.
3. Half Time/Full Time:
This is a two way bet. In order for you to collect your winnings, you must be able to predict the correct half time and the correct full time score. For example, for the Lyon vs. PSG match, you bet that the game will be level at half time and PSG will win at the final whistle.
However, if PSG score in the first ten minutes of play, you will lose your money even though you predicted the correct final score!
And there you have it; a beginner’s guide to football betting! We believe that if you thoroughly study this before the next matchday, you can earn a lot of money while watching the beautiful game!
However, if you find your football knowledge to be lacking and want to learn more, we highly recommend reading our gambling dictionary, which will help you learn the gambling terms which are most commonly-used. Never leave your winnings up to chance and always bet smart by reading our gambling dictionary!