How Do I Bet On Football? A Comprehensive Guide
Millions of people engage in football betting despite knowing the risks associated with betting. Many use this as their ultimate goal is to earn easy money- but to bet like a pro, you need to understand how it works.
So, when you are questioning, how do I bet on football- we have the right answers for you. Simply put, you need to choose a team wisely, and then place your bet. But it’s not as easy as it sounds.
Football betting requires strategic planning and research. If you want to know everything, read on!
How Do I Bet On Football?
Betting on a football match gives an adrenaline rush to new and experienced bettors, making the viewing experience more intense as you root for your favorite team to win.
The basic way of football betting is to select a team you think will win and bet on it or bet on a team to win or lose by a certain score. People mostly use a straight bet on the pointsspread to bet on football.
Moneyline bets are super common in NFL football. The American odds, displayed in hundreds, represent the winning probability of each team. On the moneyline, the favorite is the team that is perceived as being stronger.
You just choose the team you believe will win the game, without considering the point spread, in this form of wager. The simplicity and directness of moneyline bets make them popular among many fans.
It is quite easy per se. But the real trouble begins when you need to think in depth.
Turning a profit from these bets has many factors in play. You need to consider factors such as the money you wagered, the online betting site you chose, and especially the odds given by sportsbooks.
Football Betting Terminology You Need To Know
You want to bet on football but it looks complicated? Well, it’s not. It’s pretty simple to understand how it works and which one you should choose. These are the key terms to get started on:
Juice (Or Vig)
It’s called the small fee you pay the sports books for letting you bet. For example: most sportsbooks have their juice set at -110. It means you win $100 when you bet $110. The extra $10 from your winning money is the juice.
Push
Let’s say the match ended in a tie and you bet on a team to score 8 points for a win but if both the team’s points combined make 8 (for example: 3-5). The bet is a push and you get your initial money back. So you neither lost nor won.
Futures
Unless it’s a friendly match, all matches are part of a tournament. This bet is dedicated to those who bet on, who will win at the end in the future. For example, betting on a team to win the UEFA Champions League or a player to win the MVP award.
Parlay
Do you love risks and want to get more money than normal bets? You should invest in a parlay. Accumulating several bets into one single bet makes it a parlay.
The more teams you add, the more money you win but the catch is all the bets included in the parlay have to be a win. You lose one, you lose all.
Teaser
This is almost the same as an ordinary parlay but the payout is lower as you get assistance on your point spreads in a teaser.
To make it simple to understand, suppose you got a 6 point two team teaser (selecting more than one bet like a parlay) and you chose a team to win the match by 9 points so they need to score only 3 points to win as 6 points will be added to their point spread similarly you bet on a team to win by 3 points but they scored 9 hence 6 points will be subtracted from their score to make you win.
The Hook
As the name suggests, you win or lose by a hook. Basically, your payout depends on the teams’ winning or losing by a half-point difference.
If you bet on a team to win by +3.5 points and they lose by scoring 3 you’ll still win but if you bet on a team to win by -7.5 points and they win with only 7 you will lose ‘by the hook’
How Does Football Betting Work?
Football betting comes with a lot of predictions and strategies, and you need to decide carefully where to bet.
To start, you need to select the match you want to bet on from all the tournaments going on. Then select a reputed sportsbook to register your bet.
It can be online or offline according to your preference but the most popular choice is online as it’s easy and quick.
The most important aspect of football betting is calculating the odds. The more the odds the more you win.
To understand briefly the odds with a negative sign show ‘favorite’ the team the sportsbook believes has more chance of winning and the positive odds known as ‘underdogs’ are believed to lose.
The key points in understanding the odds are the rotation number, the point spread, the total, and the moneyline.
When everything is set the final task is to place the bet and sense the nail-biting experience as the winning or losing is going to cost you.
Football Betting Types That You Can Choose
There are many popular football betting options, you can choose your preferred type from these:
Moneyline
Placing a moneyline bet in sports is as easy as picking a winning team. You will come out ahead in a wager if the team you bet on wins. Moneyline bets are outcome-only, in contrast to point spreads, which take a team’s margin of victory or loss into account.
The odds are calculated by taking each team’s expected win percentage into account. Because of their no-nonsense approach to picking winners, moneyline bets are well-liked by seasoned gamblers as well as novices.
Point Spread
This is related to margins of victory. It’s either taking points off your favorite or giving a head start to the underdog. Depends on which team you’re betting on.
However, these have odds attached to them too. To make it easier to understand. Let’s say the Dallas Cowboys (-5.5 points) versus the Philadelphia Eagles (+5.5 points).
If you think the Cowboys have a chance to win by six or more points, you would bet 5.5 points. If you think the Eagles have a chance to win or lose by only five points or less, you would take the points.
Game Totals (Over/Under)
Winning or losing in this is basically betting on the score of both teams combined. The sportsbook will set a score, you just have to predict whether the teams will score over or under the posted score.
Props
Not sure of the team but very confident of a player’s performance? This special bet will let you bet on almost anything related to the match.
It can be on which player will score the first touchdown, which team will score the first 10 points, or even who will win the coin toss.
Parlays
This bet is risky yet a favorite one to many. Parlay bets are basically multi-wagers that require all the bets included in the parlay to win.
The more teams you add the more you win. But you have to be very certain with your selections as one loss and all your money is gone!
Half-Time/Quarter Bets
You do not need to watch the entire match to win for this bet. For example, If you bet on a team to score certain points before halftime or quarter of the game and they did, you win. It can be a money line, point spread, or totals.
Expert Tips For Betting On Football
You are certain that you will join football betting, but stop for a while, here are a few expert tips that will help you:
Pay Attention To The Injury Report
Before you decide to bet, consider researching the players’ latest news and their injuries. As these can significantly impact their performance or the outcome of the match.
Don’t Chase
If you’re thinking of betting with higher stakes or riskier bets because you lost a few bets in a row. Don’t do it. Trying to recover lost bets with more bets to win back is never the ideal solution.
Keep Your Eyes On Trends
Monitor, analyze, and recognize a team’s performance and their winnings in recent times to have a successful betting. Not all insights will be useful but keeping a close eye on their winnings, stats, and progression can almost guarantee you a win.
Make Profit Off The Underdogs
Never underestimate an underdog, you can win more money by winning off an underdog if you’re careful with your choosing and analyze their winning conditions for your success.
Home Field Advantage
This should make the checklist as it might be advantageous to bet on a team that has a match on their home field. As players train and play in their stadium crowd support and familiarity is a huge bonus. The stats show how home teams tend to win more matches.
Avoid Parlays
Even though they are very tempting because of their higher payouts. You might want to lay off this one because mostly it always plays in the house’s favor. Let’s face it you can’t be perfect across all the wagers in most cases.
Find The Best Odds
Don’t limit your sportsbook to one. Line shopping offers more lucrative odds. It’s actually a smart strategy to maximize your payout over time. A bit of extra profit would not hurt if you could have a better line value on your play from one place to another.
Live Betting
How many times have you actually felt a hunch about what the next move is going to be when watching a match? Due to live betting, you can bet on these. It gives football fans the extra power to make good profits. Moreover, real-time analysis is very crucial if you’re planning for a half-time or quarter bet.
Manage Your Finances
Make sure to keep your balances in check before betting and limit before you overspend. Bettors have a common habit of chasing in search of wins after consecutive losses. It’s important to handle your money carefully and bet on opportunities you’re sure of paying out or the debt might get out of hand.
Consider Specialized Bets
Being a beginner with no betting strategies and experience will make things riskier if caution is not branded with red tape for you. In that case, consider opting for prop bets. There are a variety of opportunities. You can even bet on the weather if you’re unsure of the game
Frequently Asked Questions (FAQs)
What is the safest bet in football?
Double Chance is the safest one. By covering two of the three possible outcomes of a football match, double chance bets provide a level of safety. The risk is lower than with a straight win bet because you can wager on a home win, an away win, or a draw.
What is the easiest bet in football?
Both Teams To Score (BTTS) and Over/Under bets are two of the most straightforward ways to wager on football matches. Bets on both teams to score (BTTS) and over/under (Over/Under) include forecasting whether the aggregate of goals will surpass a given threshold.
How do I choose a bet?
Do your homework before placing a wager on a football game. Examine the current state of the squad, any injuries, and their past results. Take a look at the many betting markets available, such as those for goalscorers or corners, in addition to the match outcomes.
How do you bet on football smartly?
Thorough investigation and strategic timing are key components of smart football betting. Favorites sometimes have better odds at the beginning of the match, so it’s a good opportunity to bet on them before they drop.
Bottom Line
Now that you have the answers to: how do I bet on football, hopefully, you are more prepared than ever. If you’re new to betting on football, it’s best to ease into it with simple bets like Over/Under or Double Chance. Do your homework on the teams’ current form, injuries, and head-to-head records before making any moves.
FREQUENTLY ASKED QUESTIONS
The Betting Stage® is our program that helps players build better skills, discipline, and habits as they are evaluated for sports bet funding. Achieve the objectives in the Betting Stage® to earn the Player Funded Account™.
The following is an overview of the full journey traders can expect with Sports Bet Funding:
The Betting Stage®
Objectives:
Reach and maintain the profit target (30% Phase 1, 25% Phase 2)
Place a minimum of 20 bets
Bet a minimum of 20 days
Rules:
Do not allow your Account Balance to hit or exceed the Maximum Loss Limit
Do not lose more than or equal to 15% of your initial balance in a day.
Do not lose more than or equal to 30% of your initial balance at any point in the challenge.
Player Funded Account™
Objectives:
Reach and maintain the profit target of 25%
Rules:
Do not lose more than or equal to 10% of your initial balance in a day.
Do not lose more than or equal to 20% of your initial balance at any point in the challenge.
As you probably know, becoming a successful sports bettor who consistently takes profits from his bets is no small task. Losing $1,000+ when placing bets is a real thing that happens to players every day. Our mission is to provide a safe experience so that players can professionalize their passion while also limiting your personal risk.
Once you pass both phases, you are guaranteed a Player Funded Account™ with us.
After you earn a Player Funded Account™, we recommend you focus on minimizing your risk and building up your account balance through strategies learned in The Betting Stage®.
Once you have built up your account, we recommend that you start paying yourself and balance payouts while continuing to grow your account. This way, you will be prepared should you experience an unexpected drawdown.
If you are thinking about how to leverage the Betting Stage® and have more questions about membership or the path to earning a Funded Betting account, we encourage you to chat with a Sport Bet Funding Specialist who can help answer any questions you have about the programs.
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Choose The Betting Stage® of your choice, i.e. $2.5K Rookie ($250 max wager), $5K Tipster ($500 max wager), $10K Punter ($1,000 max wager), $25K Wagerer ($2,500 max wager), $50K Player ($5,000 max wager), or $100K High Roller ($10,000 max wager).
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Follow the steps to purchase the The Betting Stage® account and create an account with Sports Bet Funding.
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Follow the rules of the betting programs and you will succeed. Break the rules and the account will be terminated.
The Betting Stage®:
- Minimum days betting: 20
- Minimum bets per phase: 20 bets
- Only Straight Bets and Parlays are allowed.
Parlay Rules:
- Max Teams: 2
- Max Odds: +300
- Minium Bet Wager: 5% of initial balance.
- Maximum Bet Wager: 10% of initial balance.
- Maximum Daily Loss: Cannot be greater than or equal to 15% of initial balance.
- Maximum Overall Loss: Cannot be greater than or equal to 30% of initial balance.
- Profit Target To Complete Phase 1: 30% of initial balance (must meet minimum day and bet requirements).
- Profit Target To Complete Phase 2: 25% of initial balance (must meet minimum day and bet requirements).
The Player Funded Account:
- Minimum days betting per 30 days: 20
- Minimum bets per 30 days: 20 bets
- Only Straight Bets and Parlays are allowed.
Parlay Rules:
- Max Teams: 2
- Max Odds: +300
- Minium Bet Wager: 5% of initial balance.
- Maximum Bet Wager: 10% of initial balance.
- Maximum Daily Loss: Cannot be greater than or equal to 10% of initial balance.
- Maximum Overall Loss: Cannot be greater than or equal to 20% of initial balance
Once you qualify for a Player Funded Account™, there are two options available.
The monthly subscription is $85 per month per Player Funded Account™
The one-time fee is $250 per Player Funded Account™
Betting frequency must be carefully considered when deciding between the monthly subscription and the one-time fee. Deliberately placing minimal bets only to count as a betting day or keep a near-depleted account active, is not permissible.
Meet your Profit Target while Managing Risk (do not let your account meet either of the max losses).
Bet for a minimum of 20 days.
Please note, There is no maximum limit. All 20 days of betting must occur on the same account number that met the target. Multiple account numbers can not be combined, i.e. 10 days with one and 5 days with other.
What happens if I reach my goal in 3 days? Do I have to keep placing bets? (Yes)
If I reset my Betting Stage® account, do previous betting days count? (No)
If I reset my Betting Stage® account, does my previous betting balance count? (No)
What is considered a betting day? When does the clock start ticking on my new account? Days are calendar days – clock ticks the day credentials are emailed out (if received PRIOR to 5:00PM ET)
Consistency Guideline
Potentially hitting a profit target in a short span, could be luck. A day later, one could be unlucky. We want players to learn the ability to manage risk, stick to a betting plan, demonstrate their strategy and measure of consistency. Betting conditions change. You do not need to bet every day. Be wise, selective and patient. Betting Stage® accounts with monthly subscription fees connected to them remain active until you cancel.
I hit my goal early, how should I bet my remaining days?
Sports Bet Funding has made our case for needing to see you demonstrate your skill and bet on 20 individual days. However, we understand the wisdom of risk management if you have reached the required target. It’s acceptable to lower your bet size. This allows you to continue to take your normal bets which demonstrates your usual betting plan and strategy on the remaining days.
Players are permitted to purchase and operate more than one Betting Stage® account at the same time, as long as they are all associated with the same email address. Likewise, players are permitted to operate more than one Player Funded Account™ simultaneously. Multiple Player Funded Account™ will not be combined into one larger account and each require their own small monthly fee of $85 per month or one-time fee of $250 regardless of the size of the account.
WARNING *If a player is discovered to have registered more than one membership and operate more than one email address, that account is subject to termination.
SBF has set a defined limit of three (3) Player Funded Account™ that can be operated concurrently.
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