Football betting Website has given birth to many fortunate legends. They studied every aspect of the game and then made it their passion. Today, these people play online football betting for a living.
Anyone has the potential to become a football betting legend. You just need to have a general idea of how the system works.
It would be best if you learned about the types of bets available, how to read the odds, and how to manage your bankroll to maximize profits.
Well, we’ve got your back. We’ve made you a comprehensive guide that will teach you everything you need to know about online football betting.
Let’s get started!
How to Read and Calculate the Odds?
Knowing the odds is the key to figuring out which bets are profitable. Understanding the odds teaches you everything. From how much money to wager to which bet has the highest probability, it’s all in the odds.
There are three types of odds you need to know.
The American Odds
Any three-digit number with a +/- in front of it means they are American odds. The negative numbers show how much you need to bet to get, per se, $100. While the positive number is the amount, you will win for betting $100.
These are the easiest odds you’ll work with. To calculate your winnings, you have to multiply the probability by the amount you bet in.
Fractional odds are most common within the UK. These are represented as fractions of the probability of something failing to probability of the event winnings.
So, if there was a probability of 9/5 (pronounced 9 to 5), nine indicates how many times the book expects the outcome to fail. While five indicates how many times the outcome will succeed.
Now, you are officially an expert in reading sports bets!
How to Manage Your Bankroll?
Even if you are just a beginner, you have to know how to manage your bankroll. Start by these three easy steps.
- Determine the Size of Your Bankroll
To put in easier words, how much can you afford to bet? Never bet more than you can afford to lose. Assess your financial situation realistically, don’t just follow the crowd.
- Choose A Unit Size
You then need to know how much you will spend on a single bet. Select a consistent amount, about 1%-5%.
- Reevaluate Your Bankroll
If you are on a losing streak, you should reduce your unit size. Don’t overestimate your bankroll after just one win and three losses. Keep checking your bankroll after each game to see how much you can comfortably afford for the next bet.
Where to Play Online Football Betting?
Did all this talk about football betting excite you? You should try online football betting too.
Ufabet168 offers a wide variety of bets to choose from. You can watch and bet live on the matches too. Don’t hesitate, join Ufabet168 for a chance to win big!