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A Beginner's Guide to the Basics of Football Betting

A Beginner's Guide to the Basics of Football Betting

Football is a sport that captivates millions of fans around the world with its exhilarating action and nail-biting moments. If you're new to the world of football betting and looking to dip your toes into the exciting realm of wagering, this beginner's guide is here to help you understand the basics. From different types of wagers you can make at bookmakers like the Betway app, to understanding odds, this article explores the essentials of football betting.

Types of wagers in football betting

Match result (1X2): This is the simplest and most common type of bet. You predict the outcome of a match by selecting one of three options: 1 (home team win), X (draw), or 2 (away team win). For example, if you think the home team will win, you place a bet on 1.

Over/under: This wager involves predicting the total number of goals scored in a match. The bookmaker, such as the Betway app, sets a specific line, and you decide whether the actual total goals scored will be over or under that line. For instance, if the line is set at 2.5 goals, you can bet on over if you believe there will be three or more goals.

Both teams to score (BTTS): With this bet, you predict whether both teams will score at least one goal during the match or if one or both teams will fail to find the back of the net. If you think both teams will score, you place a bet on "Yes"; otherwise, you bet on "No."

Handicap betting: Handicap betting aims to level the playing field by giving a fictional advantage or disadvantage to a team. For example, if Team A is favoured to win on the Betway app, they might have a -1 handicap, which means they need to win by more than one goal for your bet to be successful.

Correct score: This wager involves predicting the exact final scoreline of a match. It's a challenging bet to get right but offers higher odds and potential rewards. For instance, if you predict that a match will end with a score of 2-1, you place a bet on that specific scoreline.

Understanding odds in football betting

Odds are an integral part of football betting and represent the likelihood of an event occurring as well as the potential payout. These betting odds are presented in different formats, including fractions (like, 2/1) and decimals (like, 3.0). Let's break it down:

Fractional odds: Fractional odds show the potential profit relative to your stake. For example, if the odds are 2/1, it means that for every £1 you bet, you could potentially win £2 in profit, plus your initial stake returned.

Decimal odds: Decimal odds represent the total potential return, including your initial stake. For instance, if the odds are 3.0, it means that for every £1 you bet, you could potentially win a total of £3, including your initial stake.

It's important to note that different betting sites, like the Betway app, may allow you to choose how the odds are displayed. Some beginners may find decimals easier to understand, while others prefer fractions.




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