We will focus on a number of top leagues and competitions with emphasis on:
Every online bookmaker will have a section dedicated to football betting on their site. Each match and competition will be priced up with the football odds for the weekend displayed in either fractional or decimal form.
These are typically used by UK-based bookmakers and are typically displayed as: 7/4, 5/6 or 10/1. If you placed a £10 bet on a team who are priced at 2/1, you would receive £20 winnings plus your original stake.
The term ‘odds-on’ refers to anything shorter than Evens (the lower figure on the left). For example: 5/6. 4/7 or 10/11.
The tern odds against refers to anything bigger than Evens (the lower figure on the right). For example: 6/4, 9/5 or 12/1.
Decimal odds in football will typically be used by online bookies who are based in Canada, US or Australia. These are generally easier to calculate as the figure displayed will be your returns for a £1/$1 stake.
2.00 is equivalent to Evens.
If you placed a £1/$1 stake on a selection at 4.50, you would receive £4.50/$4.50 plus your original stake.
Betting on football is extremely simply. The latest football odds will usually be placed prominently on each bookmaker’s home page.
There are three possible outcomes to each football match: Home Win, Draw, Away Win. Football odds comparison sites will focus on these prices and they can vary greatly between online bookmakers so it’s always advised to check before placing a wager.
They are referred to outright or money line bets. Simply place a wager on this market and await the outcome of the contest. In cup competitions, these prices refer to 90 minutes ONLY, the markets will refresh ahead of extra time and penalties.
In any given contest, there will usually be a favourite and this team will typically be the shortest price in the football odds. Factors including home advantage, team news and recent form will be factored in by the bookmaker ahead of the match getting underway.
Accumulators/parlays are an extremely popular way of wagering and allow football bettors to potentially secure greater returns. This involves assembling multiple teams into one bet. For example, you could choose seven different teams from across the Bundesliga, La Liga and the Premier League AND they would all need to win in order to secure a return.
Most betting sites will also have a football odds calculator which will enable bettors to work out their returns for accumulator/parlay bets.
Football odds are available on a number of different leagues around the world with the UEFA Champions League and UEFA Europa League amongst the most popular. The group stage of these competitions begin in September with the final taking place in May. This competition showcases the best teams in Europe with competitive games prompting lively betting markets.
Domestic competitions such as La Liga, Bundesliga and the Premier League are also extremely popular with bettors. These divisions begin in August and conclude in May. Teams will battle to secure the title whilst many others will be vying to avoid relegation.
International competitions such as the World Cup attract millions of TV viewers around the world and are also extremely popular betting events. These take place sporadically and outright betting markets and football odds are available months in advance.