Attractive football matches not only attract a large number of fans but also attract a number of bettors. The rise of online bookmakers has made football betting more accessible and widely popular. However, many people are still unfamiliar with how to get started with football betting. The following article by Wintips will guide you through everything about sports betting for beginners.
How does football betting work?
Currently, football betting has two main forms: traditional betting and online betting. Of which, online betting is increasingly dominant thanks to its convenience and outstanding advantages. This is also a form suitable for Vietnamese players in the modern context.
Unlike traditional betting, online betting allows players to place bets through bookmaker websites anytime, anywhere on computers or phones. Players only need to choose bets in their favorite matches and make transactions right on the online platform.
The online football betting market is particularly vibrant, especially when major tournaments such as the Champions League, Premier League, Bundesliga, La Liga, Serie A or Ligue 1 take place. Bookmakers will provide odds tables with a variety of options, helping players easily find suitable bets.
Not all bookmakers guarantee high quality and a strong reputation. Therefore, before you start, you need to research, compare and choose a reliable betting site with attractive odds. It is also important to understand how online betting works so that you can make the right decisions and optimize your chances of winning.
What are soccer odds?
When it comes to online soccer betting, you need to understand the concept of soccer betting odds. These odds represent the amount of money you win or lose in each match. Knowing exactly how much money you win, you can easily compare bookmakers to choose the most suitable and beneficial bookmaker for yourself.
There are currently 5 basic and most popular odds applied by bookmakers and customers can freely choose the form they like such as:
Standard Odds (Decimal)
Decimal odds are odds displayed as decimal numbers, such as 1.00, 2.00... showing the amount of money you can win by the bet amount multiplied by the odds.
For example: If you bet on a team to win with odds of 2.00, it is 10 USD. The amount you receive includes the initial bet amount of 20 USD, in which the principal amount is 10 USD and the profit amount is 10 USD.
Hong Kong Odds (HK)
HK odds are calculated by decimal odds - 1. This means that Hong Kong odds remove the initial bet amount and help players know exactly how much profit they will receive if they win the bet.
For example: If you bet on your favorite team to win with odds of 1.00 with a bet amount of 10 USD. So the profit you receive is 10 USD.
Indonesian Odds (Indo)
Indo odds are displayed in the form of + (positive) and - (negative). In which, the team with a positive symbol is the underdog (weaker) and the team with a negative symbol is the favorite (more advantageous).
Regarding the calculation of winnings for betting on teams with positive symbols, Indo odds are calculated similarly to HK odds. That is, only the profit is calculated and does not include the principal.
For example: If you bet on the underdog team to win with odds of 1.20 with a bet amount of 10 USD. So the profit you receive is 12 USD.
For teams with a negative symbol representing the favorite team, the calculation is slightly different.
For example: If you bet on the favorite team to win with odds of -1.50 with a bet amount of 15 USD. So, the profit you receive is 10 USD.
US Odds
In terms of meaning, US odds are similar to Indonesian odds. The difference is the way US odds are displayed = Indo odds x 100.
Malaysian Odds
Malaysian odds are considered a combination of Indo odds and decimal odds. In terms of display, Malaysian odds also have positive and negative symbols like Indo odds.
Specifically: If you bet on positive Malaysian odds, the winnings will be equal to the bet amount x odds.
If the player bets on negative Malaysian odds, the winnings will be equal to the bet amount/odds; the losings will be equal to the bet amount x odds.
At bookmakers, the winnings and losses at each odds will be automatically calculated by the bookmaker very scientifically and clearly. You will not need to calculate, but you need to understand this concept to choose the right odds for each match.
Popular football betting forms
When choosing to participate in football betting, the first important thing you need to understand is to clearly understand the concept of popular football betting types. You will not be able to bet and cannot win if you do not clearly understand the types of bets. Here are the most popular football betting types that you will encounter during the betting process.
Outright bet (winner)
This is a fairly popular bet and attracts many players because of its high winning rate. In a long tournament, you will predict the team that will win the final championship. If you guess correctly, you can win the bet with a large amount of winnings.
European betting
European betting is a fairly simple and easy-to-understand type of betting with 3 options for 3 basic betting doors: win - draw - lose. With the familiar symbol 1X2 on the odds board, choose: 1 if you think the home team wins; 2 if you think the away team wins and X if you think the two teams will draw. For new players, try to get familiar with this bet first.
Asian Handicap
This is a rather complicated type of bet, but once you play it, you will find it extremely attractive and interesting. In this type of bet, the bookmaker will evaluate based on the comparison of the strength of the two teams and give a betting rate to create a balance between the two sides. With this bet, you need to learn the popular betting rates such as: 1, 2, 3, 1 ½, 1 ¾, 2 ½, 2 ¾ ... Each rate has its own meaning and you need to grasp the concept to be able to choose the correct bet.
Over/Under bet
Over-Under in English. Compared to the above types of bets, this type of bet is quite interesting. You will not need to predict who wins, who loses, you do not need to know the exact result, but what you need to guess is whether the total number of goals in the match will be above or below the odds provided by the bookmaker. With the above prediction, you choose Over. Predict below the number given by the bookmaker, you choose the Under bet.
Combination bet
This is a type of bet that is extremely popular with professional players because the winnings are huge. With a combination bet, you can bet on many matches at the same time from 3 - 4 - 5 - 6... matches at the same time. If you want to win the bet, you need to predict all the bets correctly. The more matches in the combination bet, the bigger the winnings.
Lottery bet - Corner kicks, number of goals...
With this bet, players will predict the total number of corners, the total number of goals scored by the 2 teams. This option is often used to bet on Over/Under. This is one of the side bets that bettors choose the most to experience.
Exact score bet
This is a bet that is not easy to predict, so the odds are quite high if you predict correctly. As the name suggests, players will predict the exact score of the match.
First goal scorer bet
Another attractive side bet is the bet on who will score the first goal. Accordingly, players will predict who will be the player who scores the first goal in the match.
Instructions for participating in online football betting
For those who are new to online betting, anyone will feel confused about where to start and how to bet. You do not need to worry too much because we will guide you in detail on how to place bets at online bookmakers. Although each bookmaker will have a different way of betting, in general, they will follow the following steps.
Step 1: Choose a quality football betting website
First, choose the football betting website you want before starting to bet. This website must ensure that it meets all the criteria of a reputable betting site. Here are some criteria that you must grasp to choose your favorite bookmaker:
- Has a full reputable betting license from licensing organizations.
- High security with modern security measures.
- Providing many forms of transactions for players, connecting with major banks and credit institutions in Vietnam.
- There are many attractive promotions for football betting.
- Good customer care, always supporting and consulting players 24/7.
- Scientific interface, supporting players on all platforms, from PC to mobile with high-quality mobile applications.
- There are many useful football betting features such as live streaming, match statistics, etc.
Step 2: Create your betting account
Registering a playing account is an extremely simple operation that anyone can do at online bookmakers. It only takes about 1 minute and you provide all the relevant information, the bookmaker will immediately open a playing account for you without charging any related fees. Only when you have a playing account at the bookmaker can you most easily access the bets that the bookmaker allows.
However, remember to deposit money into the account you just created. There are many payment methods for you to choose to deposit money. Choose the appropriate method, confirm the first deposit amount and don't forget to choose the welcome promotion. After the transaction is made, the bookmaker will process the transaction and deposit money into the playing account for you to start your betting journey.
Step 3: Choose a betting lobby and place a bet
Usually at most bookmakers, football will be in the Sports section. Depending on the bookmaker, the sports section will have 1 or more playing halls in cooperation with large and famous game publishers. Choose your favorite betting lobby, then find the football sport, find your favorite tournament and match, carefully review the odds and place a bet on the bet you believe will be correct.
Place a bet with the amount you want. After completing the betting step, wait and enjoy the match. After the match ends, the bookmaker will pay the prize into your playing account according to the set odds.
Step 4: Receive the prize and withdraw the money
With the winning amount, you can choose to withdraw the money to your bank account to enjoy the results you have achieved. Or you continue to bet again and win with a larger amount of money received.
Conclude
Sports betting for beginners offers an exciting opportunity to engage with your favorite sports on a deeper level. However, success requires patience, research, and responsible strategies. By starting with smaller bets, understanding odds, and choosing reputable platforms, new bettors can minimize risks and build confidence over time. Always prioritize learning and avoid letting emotions dictate your decisions. With the right approach, sports betting can be both enjoyable and rewarding for newcomers.
See more: Top 10 sports betting secrets to help you increase your chances of winning
