What if we gave you a comprehensive beginner’s guide to understanding football prediction sites, would that help?
A Football prediction site creates a space for bettors to place bets on numerous sports events and games from anywhere in the world. These sites offer customers access to various games and tournaments, including different types of bets.
To begin football prediction, there are certain steps you must take – creating an account with a trusted Prediction Site is the first one. Once you have set up an account, fund your betting wallet, and start wagering on matches.
Another thing to note is that football prediction sites often use software, to sum up, odds and decide the potential payout for each wager. You can browse for events and odds, and place your bets using a website’s interface. Most sites also stream live events, allowing you to watch the action as it happens.
This is just a bit about how football prediction sites function. For the rest of this article, we’ll be speaking extensively on understanding football prediction sites and explaining every single process that goes on in a Prediction Site.
Read: Evaluating Football Prediction Sites: What to Look For
Guide Content:
- How to find football prediction sites
- How football prediction works
- How football prediction sites predict football matches
- How to place bets on football prediction sites
- How football betting odds work
- Types of football prediction markets
- How football prediction sites make their money
- Plus and minus on football prediction sites explained
- How payouts work on football prediction sites
How To Find Football Prediction Sites
A Football Prediction is one method for betting on or predicting football matches.
These sites assist bettors to create and fund their betting accounts or make wagers with a few clicks of their computer or mobile phone.
While some countries still kick against football betting, prediction sites have managed to double their numbers in other countries where gambling is permitted.
With that being said, how do you find football prediction sites? We have listed some steps below that should help you when selecting a Prediction Site for football to work with.
1. Research
Your research should entail reading reviews from trusted forums. Ensure that the site treats clients well, has adequate security measures in place for protecting personal data and pays winnings on request.
2. Investigate
User reviews may be helpful, but they are restrictive and can either be biased or written by the same person. So, to ensure that your hunch about a website is right, you must do your investigation.
3. Check The Available Betting Markets
Examine which betting markets the prediction site is offering. This involves the sports available on their betting menu and the types of bets you can make.
Every Prediction Site accepts wagers from other major sports besides football, like baseball, basketball, hockey, golf, tennis, combat sports, etc.
But, the options for secondary sports/events are limited on some of these sites. So, find which site matches your betting needs and use them.
4. Read And Understand The ‘House Rules‘
House rules differ from one prediction site to another. Although these differences are hidden, they are significant and can affect your betting experience.
Before placing a wager or even using a bonus, know the rules. Any questions or concerns you have about a rule or restriction should be directed to the customer service team of the Prediction Site.
See: How Can I Find The Best Football Prediction Website?
How Football Prediction Works
In football season, various football matches happen weekly, providing available markets to wager on which are then offered by football prediction sites (bookmakers) as huge varieties of different odds on every detail of a match.
Bookmakers attach prices to the outcome of a match and other events like the number of goals scored, corners awarded, red or yellow cards issued, and individual goal scorers.
Most Football Prediction sites provide unique offers or competitive odds to give customers the best value bets.
After the result of a prediction is confirmed, and your bet wins, you are paid the price of your original stake plus the odds winnings.
How Football Prediction Sites Predict Football Matches
To enhance your process of understanding football prediction sites, you must first learn how these sites predict football matches.
A Prediction Site for football typically combines statistical analysis, expert opinions, and insider tips to predict football outcomes.
Some of the other techniques used are:
1. Data Analysis
Data analysis comes in handy when analysing stats like head-to-head records, targeted shots, ball possession, and the number of goals scored, to make insightful predictions.
2. Expert Opinions
Expert analysts, coaches, and ex-players have so much knowledge about how football works, so their opinions give a clearer understanding of players and teams.
3. Insider Tips
Insider tips divulge situation reports like injury, team psychology and tactical changes to facilitate accurate predictions.
4. History
The historical data of a football club and players help in identifying trends and patterns for football predictions.
5. Odds Movement
Monitor changing odds and the betting patterns used by different prediction sites to understand market sentiments and make informed predictions.
Note: Techniques vary from site to site and their accuracy cannot be guaranteed.
See also: 7 Tips for Making Accurate Football Predictions
How To Place Bets On Football Prediction Sites
Placing a football bet on football prediction sites is simple, just follow the guided steps we explained below.
1. Select A Prediction Site
Choose a preferred football prediction site before placing wagers. The Prediction Site you choose should cover popular football tournaments and have a vast range of betting markets.
It should have helpful football betting features like a bet builder, cashout function, and live streaming.
2. Create An Account
To create a betting account, visit the registration page of the football prediction site, and input your email address and other personal data like address and phone number. Next, Email the operator your documents for verification.
3. Choose A Payment Method
After creating an account, access the cashier page and select a deposit method.
Available main payment methods are – VISA, MasterCard, Neteller, ecoPayz, Skrill, and PayPal. Confirm your first deposit minimum and fund your account.
4. Place Bets
You can either utilise free bet credits given on a qualifying bet settlement or use your money to wager with a suitable bankroll.
However, before you place a bet, check out the events offered by the operator and analyse good betting markets. Also, compare the odds before you bet.
How Football Betting Odds Work
Knowing how betting odds work is another key step in understanding football prediction sites. If you can master this, you’ll calculate your earnings better.
Football betting odds represent the probability of an outcome occurring. The price attached to an odd means the percentage chance of the event happening or not.
They also represent the ratio between amounts staked by parties to a wager or bet. If there is an odds of 3 to 1, it means the first party (the bookmaker) staked three times the amount wagered by the second party (the bettor).
There are 3 main types of betting odds Moneyline (American), Fractional (British), and Decimal (European) odds.
1. Moneyline Odds
In moneyline, the odds for a match’s favourite have a minus sign (-) and indicate the amount you should stake to win $100 – stake $300 to win a payout of $100.
Underdog odds have a plus sign (+) and indicate the amount you win for every $100 you stake. That is a stake of $100 to win $300.
You always get back your wager plus the amount won, whether you back the favourites or underdogs.
2. Fractional Odds
Fractional odds are characterised by a slash (/) or hyphen (-). For this type of odds, you get an agreed amount plus your wager as a total payout.
Meaning, if the odds are 5/1, you get $5 for the $1 you placed; you’ll also get your stake back plus the $5 profit which is $6.
3. European Odds
Decimal odds numbers represent the payout you get for every $1 you stake and your total payout rather than the profit.
Your stake is pre-added to the decimal number, so there is no need to add it again.
If you wager $100 on a decimal listing of 4.00 your payout will be $400 ($100 x 4.00), this is your $100 stake and the net profit of $300.
Check: Betting Basics: How Do You Read Betting Odds?
How Football Prediction Sites Make Their Money
Football prediction sites (bookmakers) make their money by taking a fee called “vigorish” or “vig” on every wager you place and pay out winnings when you win a bet.
Prediction sites strive to bring in more cash than they payout, so they’ll adjust odds to even the number of people backing a win or loss.
A bookie can charge you up to 10% for a vig, however, high-profile bets like a Super Bowl tight line may be higher.
Related: Betting Basics: How Do Bookmakers Make Their Money?
Plus And Minus On Football Prediction Sites Explained
The plus (+) and minus (-) in football prediction mean two things. If you know what those things are, then you’re well on your way to understanding football prediction sites.
These two symbols are used in Moneyline odds – The plus symbol shows how much a $100 wager will fetch you in a payout if it wins, while the minus symbol indicates how much you must stake to win $100.
Point spreads use plus and minus too, these are the most basic wagers in football prediction; especially in the USA. Most matches have a favourite and an underdog; the favourite gives points or runs, and the underdog gets points or runs.
Example:
A football match set as Liverpool (-3) and Manchester United (+ 3).
If you back Liverpool (favourites), you give 3 points. For your bet to win, Liverpool must win by 4 points or more. If this club wins by 3 points you don’t win or lose.
Backing Manchester United gets you 3 points. You win if Man U wins the game outrightly or if they lose by 1 or 2 points. You’ll win too if the game ends in a tie.
If a -110 was presented for both clubs, those are the odds. In this scenario, you wager $110 to win $100.
Note, lines are not often whole numbers. Half points are part of a plus or minus line wager. This makes a tie or pushes impossible.
How Payouts Work On Football Prediction Sites
Football prediction sites determine payouts based on the odds included in your bet and the amount you wager.
The stipulated earning is listed on your betting slip. Learn this for understanding football prediction sites.
Sometimes, the payout includes the money you bet – if you wagered $10 to win $50, the total payout will be $60.
If it is not included on your slip, simply add the amount you bet to the allotted winnings to know the total payout.
Potential odds and payouts can also be calculated before backing aside. You can learn odds and payout formulas or use online betting/odds calculators to do this. This is an example of an odds calculator.
A few Football Prediction Sites will provide payout bonuses to boost your winnings. You’ll get notifications for when these bonuses are available, anytime you log into your online betting account.
You can withdraw funds from your account when you want. The duration for the money to reflect in your bank account depends on the sportsbook. Find this out, before choosing a bookmaker.
Check this: Can You Make Money Backing The Favorites
Types Of Football Prediction Markets
Football betting markets or types of football bets are the different ways you can wager on a football match.
There are multiple football betting markets you’ll see on football prediction sites, but we have explained a few of them in this section.
1. Money Line Bets
Moneyline bets are the easiest and most popular type of betting market. When you back a team’s moneyline, you are simply backing them to win the match.
For example, if you favour Liverpool to win, you’ll bet on their moneyline. If this club loses the match, you lose your bet. But if they win, your bet becomes a winner.
2. Point Spread
Most experienced bettors find point spreads entertaining because they even out the playing field.
In this type of bet, the underdogs receive “phantom” points. The bets may now be presented as:
- Manchester United +14 (-110)
- Liverpool -14 (-110)
In this example, Manchester United is predicted to lose by 14 points. But they got an ”extra” 14 points from the oddsmakers to include in their total.
For that bet to get you a payout, Man U must win or lose by less than 14 points.
Likewise, Liverpool would need to win against Manchester United by more than 14 points to cover the spread.
3. Handicap Bets
Handicap Bets are quite similar to point spreads and are another way sportsbooks level things between unevenly matched teams or players.
The handicap is put there to give the weaker team an advantage, by giving them a “head start” the favourite must overcome to win.
The advantage that brings that head start is in form of points the underdogs begin with to get an edge. The favourites must pass the edge or the underdogs will use it to their advantage and you win the bet.
4. Over/Under (Totals)
An over/under bet or total is a bet made for the combined score of two clubs playing against each other in a match.
You are wagering against a total set by the sportsbook and if the combined number of goals scored by both teams will go over or under the given number.
You bet against a total set by the sportsbook and if the combined score will fall over or under the number given.
5. Parlay Bets
A parlay bet is a wager placed for multiple bets to win. To win in a parlay, every ”leg” or bet in the said parlay must be a winner before you can cash out your bets.
If you have a four-leg parlay and just three bets win, you’ll have a losing parlay ticket on your hands.
While experts advise that you avoid these types of football bets, they are enticing because, with a small amount, you could win larger amounts, as your profits are multiplied after each win.
6. No Draw Handicaps / Asian Handicaps
No Draw Handicaps and Asian Handicaps are the same concept, the only difference is that an Asian handicap is only used in Soccer Predictions.
If a football match between Manchester United and Liverpool ends in a tie, bettors who prefer a straight win or lose outcome for their bets will choose the No-draw handicap bet.
No-draw handicap bets make use of part numbers to ensure that there won’t be a tie. This can be 0.25, 0.5, or 0.75 increments.
See also: Betting Basics: The Different Types Of Sports Betting
Football prediction is one of the most followed industries, with millions of devotees globally.
This industry has witnessed a large number of Football Prediction sites pop up over the last few years.
However, it’s not everybody that understands football prediction sites or how to place football bets.
This beginner’s guide to understanding football prediction sites will walk you through everything you need to know about football prediction and how prediction sites work.
More Resources:
Using Statistics For More Accurate Football Predictions
How To Develop A Winning Strategy For Football Predictions
Analyzing Football Betting Trends To Develop Winning Predictions
5 Tips On Winning A Football Prediction Contest
