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Soccer is a beautiful game of skill that is second to none in the world of sports. Furthermore, it is the most popular sport in the world by a vast margin with over 4 billion fans. With such a large fan base, soccer betting is also one of the most popular sports to bet on. Despite its popularity, not everyone knows How to Bet on Soccer. Therefore, this sports betting tutorial will go over the basics of soccer betting.
Unlike American Football, basketball and other high scoring game, soccer betting is different. This is because it is not uncommon for a football match to end in a draw. With this in mind, the sports betting odds always include a draw as a betting option. Other than that, placing a bet on soccer is more or less like any other team sport.
In this tutorial, we will go over the basic soccer wagers and how to wager on each of them.
How to Bet on Football – How does Football Betting Work
Betting on the moneyline is the most basic way to bet on any sports and football is no exception. The sports betting site simply asks you to pick a winner while designating a set of odds for each side.
Betting on the three-Way Moneyline
In a Three-way moneyline bet, you can bet on Team A to win, Team B to win or a Draw. Simple enough right? However, winning the wager is only from the normal 90 minute of play or regular tine. Therefore, if you bet on team A to win and they win in overtime, you do not win your bet.
Here is an example of what the moneyline odds look like for a Match between Korea and Germany:
South Korea +130
Germany +255
Draw +230
In this wager, the sportsbook software has South Korea is the favorite team to win while Germany is the underdog. Therefore, If you bet $100 on South Korea an they win, you win $130. On the other hand, if you bet $100 on Germany and they win, you win $255. Wagering $100 on the draw would and winning would get you $230.
Betting on the Two-Way Moneyline – Draw No Bet and Double Chance
placing a Two-Way Moneyline bet in football is taking the “draw” option from the odds. If the game ends in a draw, the stake money from the wager is given back.
This type of bet is also known as the “draw no bet” odds and is popular in tournament play.
Then there is the “Double Chance Two-Way Moneyline. Double Chance means you’re betting on a specific team to win/draw, or either team to win. The three possible results are:
- Team A wins or draws
- Team B wins or draws
- Team A wins or Team B wins
Here’s an example: of the betting odds
- Germany/Draw -215
- Argentina/Draw -165
- Germany/Argentina -200
For each bet, you’re essentially just eliminating one of the results.
Football Betting on the Point Spread
Betting on the point spread is also known as betting on the goal line or handicap. When you bet on football, the spreads are most commonly set between 0.5 and 2 goals. However, they can be bigger depending on the level of competition between the two teams.
Here is an example of what the Football Point Spread odds look like:
- South Korea -.5 (+110)
- Iran +1.5 (-120)
In this example, the favorite to win the game is South Korea with a -1.5 spread. This means they must win by two or more goals to cover the spread. The underdog for the game is Iran at +1.5. Therefore, to win that bet, they must lose by less than one goal or win the game outright.
Each goal line is accompanied by a price of making that bet, better known as juice or vig. A -1.5 goal line favorite could have juice of +115 (paying our $150 for every $100 risked) while the +1.5 underdog could have juice of -135 (risk $135 for every $100 you wish to win).
Football Betting on the Totals
Betting on Totals in soccer is different than in other sports and are shown on multiples of .25 goals. Since scoring is minimal in comparison to other sports, bookmakers will often set a total of 2.25, 2.5 or 2.75.
For example, if you bet on the Over 2.25 goals, half your bet is placed on “Over 2” and the other half of your bet is placed on “Over 2.5”.
If the game ends, 1-1, then you lose your bet on Over 2.5, and are refunded your bet on Over 2 since it pushed. If the game ends with three goals or more, you would win both your bets.
Another example is if you bet on Under 2.75 goals. Half of your bet is on Under 2.5 goals and the other half of the bet is on Under 3 goals. If the game ends at three, you lose half your bet (Under 2.5). In addition, you get a refund for the other half (Under 3).
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