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Football Betting: Important Facts And Questions That Must Be Answered

football betting facts

How good is your knowledge of football betting facts and questions?

When it comes to football betting, anyone who considers themselves a sports betting enthusiast must equip themselves with information surrounding certain facts and questions in this industry. 

We say this because knowing these things don’t just help you make smoother bets, but it also gives you a better understanding of betting for football.

On that note, we have written down answers to some frequently asked football questions you might have. These answers cover enquiries regarding betting odds, using football betting sites, types of bets, etc.  

By the time you are done reading this article, we hope you’d have improved your football betting knowledge. Now, without further ado, let’s see what these facts and questions are. 

Related: Betting Basics: Optimizing Your Betting Selections

Important Football Betting Facts And Questions That Must Be Answered

  1. What should I know before betting on football?
  2. What is the most profitable football betting strategy?
  3. What is the secret behind football betting?
  4. What are some sure tips for football betting?
  5. What are the odds?
  6. Do football odds vary by bookmakers
  7. What are the different types of football odds?
  8. What does vigorish mean?
  9. Who sets the odds and lines in football?
  10. Why do odds and lines change?
  11. Why do different football betting sites have different odds and lines?
  12. Do own goals count for both teams to score?
  13. How does the first goal scorer work in football?
  14. What does draw no bet mean?
  15. What is double-chance betting in football?
  16. If two or more players tie for the golden booth, who wins it?
  17. How many red cards are issued before a football match is abandoned?
  18. How do booking points work in football betting?
  19. What is regular time in football betting?
  20. Should you bet on the draw in football?
  21. What is an assist in football?
  22. How does corner betting work in football?
  23. What do match odds mean in football betting?
  24. How do bet builders work?
  25. What is score cast betting in football?

See also: Top Football Betting Myths Dispelled!

25 Football Betting Important Facts And Questions That Must Be Answered

Football bettors have a lot of questions about betting for football, and it’s only right that we answer them with the appropriate answers. These are some football betting facts for you:

1. What should I know before betting on football?

Before you start betting on football, there are a few things you need to do to make your betting experience more enjoyable. We listed some of the below:

  • Find the best available odds in the market.
  • Utilise matched and arbitrage betting.
  • follow football tipsters and their predictions (to an extent)
  • Keep a record of your bettings.
  • Be content with the little wins and profits.

2. What is the most profitable football betting strategy?

There are numerous football betting strategies, which you can follow to consistently cash out in this industry. However, some strategies are more profitable than others:

  • Early cashouts.
  • Bet over 1.5 goals live.
  • Find a league to specialise in.
  • Bet on the draw, late goals, cup games, and live games too.

3. What is the secret behind football betting?

The secret behind football betting is wagering when you have higher than a 50-50 chance of winning a bet.  

Or if the chances are less than 50%, you can win and then the bookmaker will make the amount they’ll pay as good or better than the risk you took.

4. What are some sure tips for football betting?

There are some core football betting tips every serious bettor should always keep in mind if they want to succeed in this industry:

  • Maintain discipline. The golden rule of betting is that you only wager an amount you can afford to lose.
  • Utilise bonus offers.
  • Shop around to find the best odds, don’t just accept the first one that comes your way.
  • Do thorough research on odds, bookmakers, and football events.
  • Always keep a record of your betting. It helps you track your wins and losses accurately.

5. What are the odds?

Odds show the expected profit on each bet you place. For example, a 10 euros bet at odds of 2.2 will get you a profit of 12 euros on a winning bet (10 X 2.2 – 10).

They also indicate the probability of a specific event happening. The lower the odds, the greater the probability of the event occurring ( odds = 1/ probability). 

Odds of 4 show that the event has a 1 in 4 (¼ = 25%) chance of happening, while odds of 1.2 correspond to a probability of 83% (1/1.2).

6. Do football odds vary by bookmakers?

Yes. the odds offered by bookies for a match might change due to unforeseen circumstances. But, once you’ve placed your bets, they cannot be changed, no matter what happens after that.

7. What are the different types of football odds?

Football odds can be represented in many different ways. Decimal or European odds are offered mostly in Europe, and they differ from American odds or British odds (fractional odds).

8. What does vigorish mean?

Vigorish (vig, juice, or overround) is the amount or commission a bookmaker charges bettors for each bet they place for a sporting event. 

This vig is part of your bet so you don’t have to pay an additional fee. It’s how bookies make their own profit from sports betting.

9. Who sets the odds and lines in football?

Odds and lines in football are set by oddsmakers or odds compilers in the employ of bookmakers. These professionals have extensive knowledge of football and their job is to ensure that the opening odds and lines are accurate.

Oddsmakers are the ones who also adjust the odds and lines based on a number of factors.

10. Why do different football betting sites have different odds and lines?

Odds and lines reflect the opinions of the odds compilers on what’s likely to occur in a sporting event. When the odds and lines vary in football betting sites, that just means that the oddsmakers have different opinions of a match’s or event’s outcome.

Lines and odds are affected by the volume of betting activity too. The dispersing of action always varies from one Prediction Site to the other, so this also leads to differences in odds and lines too.

11. Do own goals count in both teams to score?

Yes, own goals do count for both teams to score.

12. How does first goal scorer work in football?

In football, the first goalscorer is a bet on which a player will score the first goal in a match. Betting will be on players from both teams, but this bet is for the first goal of the match, no matter the team they play for. 

You can bet on the first goalscorer for a specific team during a match, although this is a different market. Factors like position and team they play for determine the odds of a player being the first goalscorer.

13. What does draw no bet mean?

In draw no bet (DNB) you are making a wager on which team will win the game. But as the name implies, if said match ends in a draw, then the wager becomes a ”no bet”, which means it is settled as a push.

14. What is double chance betting in football?

A double chance market in football lets you pick any two out of the three possible outcomes in a match and you win if either of them happens.

15. If two or more players tie for the golden boot, who wins it?

When two or more players tie for the golden boot award, some competitors will separate these top goal scorers, so that they can give it to one person. Other leagues like the Premier League, can let players share the award.

16. How many red cards are issued before a football match is abandoned?

For a football match to continue, both teams must have up to seven players on the field. This means they could both get four red cards each and still play. 

However, if five red cards are issued for one team, the match will be abandoned because the number of their players dropped to six.

17. Do goalscorer bets include extra time or penalties?

No, goal-scorer bets do not include extra times or penalties, these events do not count.

18. What is regular time in football betting?

A regular time in football betting includes two halves – 45 minutes each in length, giving a total match time of 90 minutes. 

At end of every half, the referee can add a few minutes to make up for lost time due to injuries, substitutions, pitch invasions, celebrations, etc.

19. What is the difference between no goal scorer and 0-0?

The main difference between no goal scorer and 0-0 is that own goals don’t count for first goalscorer markets. 

Due to this, if only own goals were scored in a match, a 0-0 bet would be a losing wager, while the no goalscorer would be a winner.

20. What do match odds mean in football betting?

Match odds give bettors the opportunity to bet on the team they believe will win a match. There are three options – home team win, away team win, and draw. All they need to do is accurately predict the right outcome and their bet becomes a winner.

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