Football betting is currently one of the most popular forms of gambling not only in Vietnam but also worldwide. This game offers significant profits for players.
However, before engaging in it, it's essential to thoroughly understand all the information about football tips of the day
What is Football Betting?
Football betting is a form of gambling where players use their own capital/assets to place bets on matches. If they guess correctly, they win money, and conversely, if they lose, they lose money.
It's crucial not to confuse this concept with virtual football betting!
The mechanics of football betting are relatively challenging for beginners. Since each bet is placed directly on live matches, there's no basis for comparison as clear as other types of betting.
However, it's precisely this aspect that attracts many players to participate.
Today, not only in Vietnam but also globally, there are numerous bookmakers providing football betting services.
The variety of playing styles is vast. Therefore, if players want to win, they need to understand football betting and odds thoroughly.
Understanding and mastering football betting will help improve the chances of winning higher odds bets.
In essence, when betting on a match, if you want to bet on a team, you need to understand the details about that team.
All information including: strength, starting lineup, playing field, weather conditions favoring which team, etc., should be considered.
>>See more about the football tips app
What is Football Betting
The World's Number 1 Form of Betting
Two Basic Types of Football Betting
In the past, we only knew about traditional football betting, but now there's another form: online football betting.
Offline Football Betting (Traditional)
This form of football betting has been around for a long time. Players place bets through methods such as direct negotiations, phone calls, or text messages.
The parties conducting these transactions are bookmakers. This method is not rich in content and not very safe.
Traditional football betting transactions mainly use cash. You can also rely on acquaintances to bet without money.
It can be said that this form is not comprehensive, as bookmakers don't always offer bets to everyone. However, if you choose an untrustworthy bookmaker, the risk of being cheated is significant.
With this form, if you can't control yourself, you could become heavily indebted overnight.
Online Football Betting (Via the Internet)
This form of betting is favored by many.
All you need is a computer or a smartphone with a stable internet connection, and you can place bets.
When betting on football online, you can manage your expenses entirely.
Since bookmakers only allow you to bet a certain amount, less than or equal to the money you have, you can control your finances.
There are many reputable bookmakers with strong financial resources in the market. Therefore, if you choose correctly, you'll always be guaranteed payment.
A notable advantage of this form is that you can place bets anytime, anywhere.
At bookmakers, not only is there football betting, but there are also many other sports to meet all players' needs.
There are thousands of bookmakers with all the top matches for you to choose from.
Guide on How to Play Football Betting
Starting to play football is not easy.
Therefore, to play football betting with a high winning rate, you need to have excellent knowledge of this type of betting.
Remember to learn how to create a football betting account correctly before depositing money to place bets.
Step 1: Understand the Rules
Everyone wants to be the winner in football betting. To do this, you must understand the rules of football betting to be able to handle bets quickly and accurately:
The match result will be counted in the half you bet on: If the first half result is canceled, related bets for the first half will also be canceled. If only the second half result is canceled, bets in the first half will still be counted.
In case a match is postponed or suspended within 12 hours: Bets on that match will automatically be voided, and the bookmaker will refund the bets for all bettors.
When participating in football betting, bookmakers will publicly announce information about: football odds, playing field, team form, match time. All this information is for players to refer to and will change over time. Players should update information regularly to place more accurate bets.
The result of football betting will be valid within 90 minutes of official play and extra time of the match: Only in some special cases will extra time be counted. Match odds will be updated by bookmakers in real-time.
You will only know the final score when the referee blows the final whistle: For betting matches, betting tickets will be automatically rejected when the referee blows the whistle.
Players have the right to convert the betting amount in their account into cash as needed: If you meet the withdrawal conditions of the bookmaker. All player's personal information is kept confidential by the bookmaker.
Step 2: How to Calculate Money in Football Betting
The money loss for football bets is as follows:
If the match bet is lost half, you will lose half of the betting amount.
If the bet you placed is lost, you will lose almost the entire amount you bet. When winning, you will calculate the amount as follows:
Bet x Odds ratio = Amount to be lost
When you win the bet, the amount you receive will depend on the odds ratio of the bet.
The reward you receive will be equal to the bet amount multiplied by the match odds ratio.
Each bookmaker will have different calculation formulas. The above is the most common calculation method that we often encounter at major bookmakers such as W88, FB88, ...
Step 3: Understand the Types of Football Betting Odds
Basically, there are three most known types of betting odds:
Asian Handicap | European Handicap | Over/Under Betting
However, if we expand and delve deeper, there will be many odds ratios for football betting:
Betting Odds: Each bookmaker will have a different odds ratio.
Handicap/Asian Handicap: The meaning of this term is the Asian Handicap betting odds.
Odds: Odds are the exchange rate for paying betting money.
Over/Under Betting: If the player chooses Over, the match result must have more goals than the odds set by the bookmaker for the player to win the bet. If choosing Under, the match result must have fewer goals than the odds set by the bookmaker for the player to win the Under bet.
Upper Betting: It's the bet placed on the favored team, the upper limit team.
Lower Betting: It's the bet placed on the underdog team, the lower limit team.
Win Full: Win means victory, full means all. This phrase means winning all or winning enough money.
Lose Full: This is equivalent to losing all, losing all money.
Win Half: It means winning half the amount.
Lose Half: It means losing half the amount.
Running Betting: Betting takes place during the match.
1x2 Odds: European handicap odds.
1: Betting for the home team to win.
2: This bet is placed for the away team to win.
X: Bet on a draw.
1x: This means the home team will win or have a draw.
2x: This is the bet you place for the away team, either winning or drawing.
Equal odds or even odds: A situation where two teams are at the same level, the odds are 50/50.
>>Follow us know how to the telegram betting tips
Step 4: Start Playing Football Betting
After understanding the rules, calculating the money, and familiarizing yourself with the types of football betting odds, it's time to start betting on football.
However, keep in mind:
Start with small bets.
Choose reputable bookmakers.
Always update football news, analysis, team information.
Bet wisely, don't let emotions control you.
Conclusion
Above is a detailed guide on football betting.
Hopefully, with the information shared in this article, you will have a better understanding of football betting, be able to calculate the odds accurately, and increase your chances of winning in betting.