Can football betting be profitable? Of course, it can! It is certainly profitable for the bookmakers. But there is no reason why you cannot make money out of betting on football as well. Regardless of your level of football knowledge, there is cash out there that can be won. You can use a strategy, or you can choose to go without. It is up to you which route you opt to take.
Our guide will cover everything you need to start making money out of football betting. Let’s face it. The bookmakers are rich enough already. They have had things their own way for far too long. The time is right to start turning the tables on the bookies – and that’s where we come in. This guide to making profits out of football betting will tell you everything you need to know.
Introduction to Online Football Betting
Online football betting may be a relatively new phenomenon, but there is no doubt that it is here to stay. Bookmakers may have been around for a long time, but the internet totally changed the industry. Suddenly, gambling was open to more people than ever before. And the increased competition between bookies online has, in general, been good for the punters as well.
In addition, there are more markets and bet types than ever before. Some of these can be hard to get your head around. For example, what is the Asian handicap? And how does it work? If you had gone into a bookies shop a decade ago and asked for this you would likely have been met with blank stares. But these days, Asian handicap markets are offered for all major football matches. Asian handicap is just another way of making a game with a strong favourite more interesting, by the way. It gives a team a head start or takes goals away from their opposition.
Online football betting has lots of top advantages. One of these simply speeds. No matter where you are, you can place a bet in a matter of seconds. As long as you are connected to the internet, betting online is incredibly easy. A lot of bookies these days even have their own mobile apps. This means you do not even need to go on to their website to place soccer bets.
Another plus point from the rise of online betting is the number of promotions and offers up for grabs. All bookies have to compete hard against each other in this day and age. This means a raft of attractive offers to entice people to sign up. These can be used to make a lot of cash. You will need accounts with all of the major bookies if you are to make major money out of gambling. And taking advantage of all the relevant sign-up offers is a great way to get up and running.
Bookmakers also offer regular promotions designed to keep punters coming back. The aim is to get people to bet with them – and them alone. But there are no rewards for being loyal to one bookie when betting on football. The best way is to constantly shop around for the best odds. More on why this is so important will come later on in this guide. But next – strategies.
Best Football Betting Strategies
Football betting strategies can be a good way to make money out of gambling. While no strategy can ever guarantee sure-fire success, there are a lot of options out there. Some aim for short-term profits, while others look to secure returns over a long period of time. This means it is up to football fans to decide which route they would like to go down.
One of the most popular football betting strategies involves fixed wagers. This means that you use the same stake no matter what you bet on. The big benefit of this is losses can be easily controlled. As stakes do not change, it is easy to keep track of what is being spent. However, while most people who use fixed wager betting systems see good returns, this can take a while. And it can feel strange to place the same stake on a sure-fire favourite as on more of a punt.
Those who want to chase faster profits have a couple of options in terms of a betting strategy. One of these is a short-term strategy called Martingale. How this works is easy. Each time the better places a wager, they stake their entire balance on the football bet. It is clear this can be a fast route to make a lot of cash out of gambling. However, it is worth remembering that the reverse is true as well. By staking your whole bankroll on one bet, you can lose it all very fast.
Another short-term betting strategy is the Fibonacci betting system. This relies on the Fibonacci system of numbers, which starts as follows: 1, 2, 3, 5, 8, 13, 21. You can probably see how this system works. Each number is calculated by adding the two numbers that precede it in the list. So the next number in the Fibonacci would be 34 – made by adding 13 and 21 together.
You start by placing one of your chosen staking level on a bet. If it wins, you stay at that level. If the bet loses, you move on to the next number. The traditional Fibonacci betting system involves betting on draws in football matches. But other people use it on a range of different bets. The idea is that there will always be a draw eventually in a run of games – guaranteeing results. But the flip side to the Fibonacci betting system is that results can only be guaranteed with unlimited time and an unlimited budget. This, understandably, is not something everyone can commit to.
Betting on Live Matches
While a lot of people only bet pre-match, this could be missing a trick. Live in-play betting is hugely popular these days. And due to how quickly the football odds can move, there are a lot of opportunities to win big. While bookies will usually be pretty similarly priced pre-match, this may not be the case once a match gets underway. Comparing odds across bookies is therefore key.
Not only is betting on a live game a great way to make the match more entertaining, it can result in big winnings as well. Bookies often run in-play promotions. Look out for these as they can often be used as an easy ticket to win plenty of cash. And betting in-play on some bookmaker websites can also allow you to stream the game live through your betting account as well.
Beating the Odds
Anyone who wants to succeed in football betting needs to learn how to beat the odds. This is easier than it sounds. With so many bookies out there, you always have a lot of choices when it comes to prices. The first golden rule is to never take a bad price. But how do you know what is a good price, and what is a bad price? Therefore, you should always be comparing your odds.
Bookies will sometimes be known for offering better odds on certain sports. But there are no hard and fast rules. The best thing to do is simply learn for yourself which bookies to use for which bets. There are no shortcuts to success here, unfortunately.
Taking advantage of offers and promotions is also a must. Bookies are constantly launching new promotions in a bid to tempt people into bets. The trick is to only use these on bets you wanted to place anyway. If you are betting for the sake of using an offer, this is unlikely to lead to wins in the long-term. So try to stick to offers when you were going to be placing football bets anyway.