Friday, 10 February 2017

Different Types of Popular Football Bets Explained

Easy Guide to Popular Football Bets

Popular Football Bets
Football markets are the biggest and busiest of all sports markets, and offer a variety of bets. Understanding the betting options available is one of the secrets of successful punting. A knowledge of the different types of football bets, especially the most popular among them, is essential if punters want to go beyond placing straight win bets. It should be borne in mind that many of the bets other than win bets are seldom easy wins, so understanding odds and keeping up with news of the sport is an important part of betting on the beautiful game. Money line, proposition or prop, parlay, over/under, and point spread are the most popular of the different football bets offered by best football sportsbooks. Other types of bets are also offered; however, these make a good introduction to the market. 

Money Line Bets (1x2) 

Betting on either team playing a football game, or betting on the teams to draw, is placing a money line bet. Sportsbooks’ money lines usually offer odds on each of those potential outcomes. Don’t expect great odds if two strong teams who are massive rivals are to face one another. However, if one of those teams is a definite underdog, the odds can be surprising, and if they win, the payout could be significant. Different sportsbooks have different rules for money line bets, so be sure to check what the rules are before placing any bets. Usually sportsbooks’ money lines apply to the standard 90 minutes of play, although they can cover injury time as well. 

Proposition or Prop Bets 

Proposition bets are very specific bets placed on football players or on statistics in a game. While an array of prop bets is usually offered, the most popular of them are betting on correct scores and betting on the first player to score a goal. Other prop bets may include betting on the number of corner kicks made by a team, which team will score the first goal, and how many times the yellow card will be shown. Correct scores bets are known for competitive odds, and can turn out to be among the markets’ highest-paying bets. 

Parlay Bets (Accumulator) 

Parlay or accumulator bets require two or more teams to be selected to win matches, usually in a tournament. Every team selected needs to win for the accumulator bet to be a winning bet. One of the biggest differences between parlay bets and placing a money line bet on each of those teams is the odds. If a parlay bet wins, the payout is usually bigger than individual money line bets offer. 

Over/Under Bets 

Betting on whether the total number of goals to be scored in a football match will be higher or lower than the number predicted by a sportsbook is placing an over/under bet. For example, in a match between Manchester United and Chelsea, a sportsbook may predict that 2.5 goals will be scored. You could bet on whether the actual number of goals scored will be over 2.5, i.e. 3 or more goals, or under 2.5, i.e. 2 or fewer. 

Point Spread Bets 

Point spread bets are similar to money line bets, in that you would need to bet on a team to win a match. However, that is where the similarity ends. A sportsbook sets a number known as the point spread for each match. In most games, the underdog is at +0.5, which gives them a slight lead over the favourite, which is usually at -0.5. If you bet on the underdog to win, but the match ends in a draw, your bet will still win. You can read more about point spread betting in our Asian handicap guide

This post was written by Online Betting NZ, as a guest writer on Expert Football Predictions.