Football betting strategies are a strategy to increase your odds of winning your bets. These strategies will show you how you can make the most of your bets, by maximising your odds.
How Do Football Betting Odds Work?
Betting odds are the ratio between the amount staked by the bookmaker and the bettor.
If a bet is 8/1 the bookies stake eight times the bettor has. That means that if you were to put a £1 bet on these odds you would receive £9. This £9 is made up of your original bet of £1 and the £8 you receive from the bookies.
The odds of a bet are created by the bookies and often reflect the likelihood of the bet occurring.
The Best Football Betting Strategies
There’s a wide variety of football match betting strategies; these strategies vary in risk, possible returns and more. With this in mind it is important to decide which suits you.
Matched Betting
Matched betting is a way to make money, by making use of free bets and promotional offers.
A common promotion for new customers is ‘Free £20 when you deposit and place your first £10’.
Matched betting will turn that £20 free bet into profit.
To start with you must place the qualifying bet (the £10) on a football match.
By using matched betting, you place your first bet with another bet. The second bet is known as the lay bet. This lay bet ensures that no matter the outcome of the game you will only lose a few pence.
For example if the match was England vs France, if England won you’d only lose 15p, if England lost you’d only lose 15p and if England drew with France you’d only lose 15tp.
At this point you will have lost a very small amount of money . However, the point of this is to gain access to the £20 free bet.
Now by following a similar process to your first bet you will place a lay bet alongside your original bet, with the free £20.
Now for example if the game is Brazil vs England you will have made £16 if England beat Brazil, if England lost to Brazil and if England drew with Brazil.
No matter the result of the game you will have made £16 from the £20 free bet.
Value Betting
Value betting is a strategy where you have a positive expected value over the long term.
A value bet consists of betting on a probability of >2. However when using value betting in sports it is much more complicated to determine.
Within sports betting you need to determine what the true odds of a match are. With this calculation you can compare it to the bookmaker’s margins. Then you can determine if it is a value bet.
Value bets can be calculated with the formula: Value=(Probability * Decimal Odds) -1.
If the value is greater than 0, that is a value bet.
Fading The Public
Within sports betting, betters often prefer to bet on their favourite teams and famous teams.
When there’s a public favourite in a football match, the oddsmakers will often take this into consideration and alter their lines.
Therefore by betting against the public’s favourite the return is going to be much larger.
Chasing Steam
Chasing steam is a strategy where you make a bet at a slower sportsbook that is yet to change their line with the rest of the market.
This betting strategy still leaves you open to loss because you’re not sure why the line has made this sudden movement. Therefore, you are still leaving yourself open to risk.
It is important to note that chasing steam potentially could result in your betting account being limited or banned. Sportsbooks believe that those using this strategy are unfairly taking advantage of their slow movements.
Betting On The Home Underdog
The betting on the home underdog strategy consists of making a bet on a home team that has been put down as the underdog in the game.
The idea behind this strategy is that the odds tend to be much higher, when betting on an underdog, and home teams tend to have a statistical advantage.
To see better results from this strategy it is important to look into the teams’ recent games. If you are just betting on the team with the better odds, you are not maximising your chances. What you should be doing is looking for underdogs who are not being undervalued.
This further research will help you to make more educated decisions.
Following Expert Football Predictions
Following experts’ football predictions is an easy way to make safer bets.
These experts will have an extensive knowledge of the sport. When it comes to betting on football matches there are a lot of factors that can affect a team’s chances of winning/losing.
Some of these factors include current injuries, performance in recent games, and lot’s more. These experts will be keeping up to date with all the aspects of the up and coming matches to make the most educated bets.
On top of keeping up with a team, a tipster will be doing statistical analysis to gain an upper hand.
Double Chance Football Betting
The double chance football betting strategy doubles your chances of winning your bet.
A football match has 3 possible results: win, draw or loss. The double chance football betting strategy involves picking two of these outcomes. This massively reduces the risk of a complete loss.
This betting strategy is for those who are looking to reduce the amount of risk that they are facing. The reduced risk does mean that the earnings are much lower.
Summary Of Football Betting Strategies
By making use of these football betting strategies you can increase your chances when betting on football matches. Not all football betting strategies will suit you if any, you may just enjoy following your gut when betting on football. However the strategies are there to provide some focus and try to improve your chances of landing a football bet.
Please remember to always gamble responsibly.
