Betting on football online has become the favorite pastimes for most people nowadays. According to some rough estimate, more than $200 billion dollars is spent on placing bets online with a rough estimate of $100 million along going to football online betting.
One of the main reasons why football online betting is becoming popular online is due to the fact that it makes watching football fun, and it has also proved to be lucrative for all the players who take time to learn more about line shopping, players and the teams they play for as well as how to bet on football online responsibly with the bonuses offered by the casinos.
In this guide, how to bet on football online, we have focused on how you can create an account, place some money in it, and start betting online to win and make some money while you are having fun. Please continue reading to find out more on how to bet on football online.
Where should you bet on football online?
Well, unlike betting on football at the local bookmaker, betting on football online gives you a choice. You will have to be connected to the internet and have a device that can be used to connect you to the internet.
Once you are connected to the internet, you will have to choose a reliable and trusted online bookie where you will place your bets on.
It is important to note that you will have to choose a bookie that is highly reputable. Don’t just choose any website as there are so many illegal and unlicensed websites that will scam your money off. Finding a right bookie online cane be time-consuming and confusing at times, but it will be worth the search.
Read reviews, read players comments and lastly take some time to go through the website to see if some of the things said match what you’ve read.
Open an account with the bookmaker
Once you’ve ensured that the site you are logged onto is a certified one, open an account with the site. You can do this by clicking the sign-up button, fill in the spaces required.
Ensure that all the information you provide is accurate and up to date to avoid any future problems with the website. Deposit some money into your account once you are done providing the information.
Getting Started | The Types of football online bets
When placing football bets online, you will realize that the most common types of bets are the point spreads, the money line bets, and the total goal bets. I’ve mentioned the important information on the bets that you need to know.
The Money Line Bets
The money line bets are the most popular kind of bets and normally involve placing bets on a team win. They are the most common types of bets in football betting online. However, they are also applicable to other bets such as basketball, baseball, and hockey.
In the money line bets, the payout is usually the same irrespective of how many goals the team you bet on wins by. Before you place this type of bet, it's important to familiarize yourself with the American odds since they are a huge part of the bets you shall be placing.
The American odds normally use 3 or more numbers which are expressed as either negative or positive. Whenever you are dealing with a negative money line, it shall be represented by how much you have to stake to win $100.
For instance, money line with odds of -180 means that you will have to stake $180 in order to win $100. Therefore, if you place a successful bet, you will keep the $180 that you stake and get an additional $100.
The Point Spread Bets
This type of bet is said to have been invented by a mathematics professor, Charles K. McNeil, who lived in Chicago. Unlike other players who used to place their bets on various bookmakers of the 1940’s, he is known to have been using his bookmaking operation.
Whether or not this is true is irrelevant, but the important fact is that this point spread betting system is the most used system in the world.
Your main aim when placing a point spread bet is ensuring that the game is closer to a fifty-fifty proposition a handicap is added.
The Totals | Under/ Over Bets
Unlike in the past where you had to place a bet on the winning team or losing team, the under/over bets have now made it possible for you to place a bet on literary any event that can be counted in a football online match.
For example, you can bet on the number of goals, the number of cards, the number of corners as well as the number of offsides.
For example, you may decide to be on the number of goals between an Arsenal vs. Aston Villa match to exceed 3 goals. In this case, you will go for the over 3.5 match goals meaning you only win the bet when 4 goals and more are scored in the game. If the match ends with only three goals, you lose the bet.
Similarly, you can opt to make a combined bet of corners, cards, and goals to be scored. A good example of such a bet is placing over 3.5 match goals, over 5 corners, and over 3 yellow cards. Such a bet will usually have very lucrative odds especially if you are betting through the in-play method.
Becoming a better football bettor online
Becoming a proficient football bettor is not anything easy. In fact, you will have to pass a few hurdles before you can make any profits. The important thing is knowing that you can try out a few of the mentioned tips before you fully start playing and making money online through betting.
Get an in-depth understanding of various markets that you’ve just read and start betting with small stakes to reduce your loses. Afterwards, you can raise your stakes and make some money betting on football online.