You are probably wondering what’s so tricky about football betting? Just choose the team you think will win the football game, place your bet, and then wait for the results. If your chosen team wins, then you will get your money.
However, there are different types of football bets that you can choose from, and each type of bet has its odds and pay-outs. Therefore, knowing the other football bets is essential before placing your first bet. Here are some things you need to consider as a beginner at sports betting sites:
The Different Types of Football Bets
There are different types of football bets that you can select. Each type of bet has its odds and pay-outs.
1. Moneyline Bet
It is the most common type of football bet. A Moneyline bet is a bet on which team will win the football game. The odds will be either positive or negative, indicating how much you will win or lose for every dollar you bet.
2. Point Spread Bet
It is a bet on the margin of victory in a football game. The team you bet on must not only win the football game but also by more than the point spread for you to win your Bet.
3. Over/Under Bet
It is a bet on the combined score of both teams in a football game.
4. Parlay Bet
It is a bet on two or more teams to win their football games. All of your teams must win their football games for you to win your parlay bet.
5. Prop Bet
It is a bet on anything that can happen in a football game.
Now that you know the different types of football bets, it is time to learn about football betting strategies. It is essential for you before you sign up at football betting sites.
Football Betting Strategy
There are different football betting strategies that you can use on sports betting sites. The following are some football betting tips that you can use to improve your football betting:
1. Know the teams
You must know the available teams. Not all football betting sites will tell you that. Know their strengths and weaknesses; you should also know their recent results as it will allow you to make an informed decision.
2. Shop for the best lines
Shopping for the best lines when placing your football bets is essential. Sports betting sites offer different odds, and you should always try to get the best value for your money. For example, if one sportsbook has the Packers -7 against the Vikings, another sportsbook might have the Packers -6.5 against the Vikings. By shopping for the best lines, you will get the best value for your money.
3. Manage your bankroll
It is essential to manage your bankroll when betting on football. You should only bet an amount you can afford to lose and always try to stay within your budget. It is also good to spread your bets and not put all your eggs in one basket. It will help you minimise your losses if one of your bets loses.
4. Have a betting plan
It is vital to have a football betting plan. You should know how much you will bet on each game and have a system for managing your winnings and losses. A football betting plan lets you stay disciplined and organised when placing your football bets.
5. Be patient
Being patient when betting on football would help you not try to force things and always let the games play out before making rash decisions. If you are patient, you will be able to make better football betting decisions and are more likely to succeed in the long run.
Things you Should Avoid While betting on Football
1. Avoid betting on your favourite team:
This is one of the most common mistakes that football fans make. If you’re going to be successful at football betting, you need to be able to look at each game objectively and make your wagers accordingly.
2. Don’t chase your losses
It’s easy to get caught up in the moment and try to recoup your losses by betting more money than you can afford to lose. Instead, move a step back, take deep breaths, and only bet what you can afford to lose. It is a way to end up in debt, and it will only leave you feeling frustrated and angry.
3. Avoid betting on too many games
Another common mistake that football bettors make is betting on too many games. It spreads your bankroll too thin and increases your chances of losing money. Instead, stick to betting on a few select casino games you feel confident about, and you’ll likely come out ahead in the long run.
There you have it – a comprehensive guide on football betting for beginners. If you’re confident and want to start placing bets immediately, check out the points mentioned here and ensure you read up on the tips for spotting a good chance and avoiding making costly mistakes. Finally, and most importantly, enjoy the ride while playing at football betting sites.