How To Make Money On Live Football Betting

1. How To Make Money On Live Betting
2. How To Make Money On Live Football Betting Online

The Colts are the underdogs, so backing them means the potential for higher payouts relative to the amount staked. The odds of +155 mean that every $1 staked stands to win $1.55 if the Colts win (i.e.

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If you’re new to football betting and keen to get involved
then you’ve just come to exactly the right place. On this page
we will teach you all the basics of betting on football, and
make sure that you are on the right track from the moment you
place your first wager. If you feel like you’re ready to dive right in, here are the top football betting sites we recommend:

In our opinion this is one of the most useful beginner’s
guides to football betting you’ll find anywhere on the internet.
It covers everything you need to get started, and yet you don’t
need to worry about getting overwhelmed with detail as we keep
our explanations as simple as possible.

For those who are only really interested in wagering for a
bit of fun, you’ll be ready to go as soon as you’ve finished
reading this page. For those of you with ambitions of making
long term profits, we also point you towards a wide range of
additional information and advice that will help you to achieve
such goals. We’re not promising that we’ll make you an instant
expert, but we’ll certainly give you the chance to become one.

If you’re simply just looking to bet on football games right now we have
listed our top recommendations for online betting sites below. These
are sites that we have found to be trustworthy with our money and
offer football bettors true value.

We recommend reading through this whole page from start to
finish, but we’ve listed the various topics we cover below if
you’d prefer to skip straight to something specific.

How to Bet on Football: Page Contents

Before You Start: Recommended Reading

If you’re already familiar with how sports betting works, and
know a thing or two about football, then please feel free to
skip this section. If, however, you’re completely new to sports
betting and/or not much of a football fan, then there are a few
things you should learn before you start placing bets on
football games.

Firstly you really need to understand the basics of what
sports betting is all about, and what’s involved with placing
wagers. These basics are relatively straightforward, so
thankfully it doesn’t take long to get up to speed. It’s
definitely advisable to familiarize yourself with them though.
Our beginner’s guide to sports betting is the perfect resource
for this. Here’s a selection of some of the topics it covers.

In addition to knowing the basics of betting, you should also
know at least the basics of football too. It’s likely that most
people reading this are big sports fans, and fully understand
it, but that’s not necessarily the case for all our readers. We
like to cater for everyone, so we’ve written the following two
articles explaining all about the game at both professional and
college level.

Different Types of Football Bets

One of the first things you should understand about betting
on football is the fact that there are several different types
of wagers that can be placed. You won’t necessarily use all the
different types, depending on what strategies you employ, but
it’s still advisable to learn at least a little about each one.

Below we look at the two most popular types of wagers, some
of the other commonly used options, and the various options for
wagering on multiple games with a single bet.

The Most Popular Types of Football Bets

There are two types of football bets that are used far more
than any other. Many people who bet on football place only the
following wagers.

• Point Spreads
• Totals

Some readers will already know all about these and how they
work, but we’ll explain a little about them for those that
don’t.

Point Spreads

A point spread is effectively a handicap that’s used to
create a 50/50 wagering proposition. For example, a bookmaker
may offer the following point spread on a football match between
the San Diego Chargers and the Indianapolis Colts.

What this spread means is that, for the purposes of wagering,
the Chargers will have 3.5 points deducted from their final
score. For a bet on them to be successful, they would therefore
have to win by four points or more. The Colts, on the other
hand, will have 3.5 points added to their final score. A bet on
them would be successful if they won the game, or lost by 3
points or less.

You can read more about point spreads on the following page.

Totals

Totals are just as easy to understand. With these, the
bookmaker posts an expected total for the amount of points
scored by both sides. On the previously mentioned match between
the Chargers and the Colts, for example, they might set the
total at 48.50. You then have to decide whether to bet on the
over or the under.

A wager on the over will win if the combined score from the
two teams is 49 or over (e.g. Chargers 29, Colts 24). A wager on
the under will win if the combined score from the two teams is
48 or less (e.g. Chargers 19, Colts 17).

We explain totals in more detail on the following page.

Before we go onto explain some of the other types of wagers
you can place, there’s some very important information that we
need to mention.

The basic principle of point spreads and totals is that you
have roughly a 50% chance of winning, so technically a “fair”
return on these types of wagers should be equal to the amount
staked. However, they are usually priced up by bookmakers at
odds of -110 (1.91 in decimal odds format, 10/11 in fractional
odds format), which means for every $110 staked you stand to win
$100. You don’t have to stake as much as $110 of course, but the
point is that a successful wager will only return 90% of the
amount staked (plus the initial stake of course).

This is because bookmakers are in business to make a profit,
so they effectively charge a commission for taking wagers. This
commission is known as the vig, short for vigorish, and it’s one
of the ways that bookmakers stay profitable. They don’t charge
it just for points spreads and totals either, as it’s built into
the odds for every wager that they offer.

If you have any ambitions of being a
successful bettor, we strongly recommend reading our article
explaining vig and how bookmakers make money.

Other Common Football Bets

In addition to point spreads and totals, there are three
other types of bets that are commonly used for wagering on
football. These are as follows.

• Moneylines
• Props
• Futures

We’ll now provide a brief overview of each of these, and
point you towards some additional information on each one too.

Moneylines

A moneyline wager is very simple. It involves simply backing
a team to win a match, with no point spread involved. The odds
for moneyline wagers are based on each team’s relative chance of
winning. For example, the moneyline on a game between the San
Diego Chargers and the Indianapolis Colts might look like this.

The Chargers are the favorites here, and the odds of -175
mean that a stake of $175 is required to win $100. To put it
another way, every $1.75 staked stands to win $1 if the Chargers
win. Initial stakes are returned too of course.

The Colts are the underdogs, so backing them means the
potential for higher payouts relative to the amount staked. The
odds of +155 mean that every $1 staked stands to win $1.55 if
the Colts win (i.e. a $100 wager stands to win $155 if the Colts
win). Again, initial stakes are also returned.

For more information on moneylines, and the strategy involved
in placing them, please see the following article.

Props

Props, short for propositions, are wagers on outcomes that
are decided during a football game, but are not necessarily
directly linked to the final result. Some examples include the
following.

• The first team to score.
• The distance of the longest touchdown.
• The total passing yards of a quarterback.
• The number of field goals kicked.

These are just a very small selection of some props. Many
bookmakers offer dozens of different options, particularly on
high profile matches. Props are generally considered a fun type
of bet rather than a way to make money, but it is possible to
make consistent profits from them. We explain more about props
on the following page, where we also offer some strategy advice.

Futures

Futures are wagers on how teams, or individual players, will
fare over the course of an entire season. A wager on a team to
win the Super Bowl, placed at the start of the season, would be
considered a future. So would a wager on a team to be the
National Football Conference champions, or a wager on a player
to win the Most Valuable Player award.

There isn’t a lot more to explain about futures, and there
isn’t really much in the way of specific strategy for them
either. We do go into a bit more detail on them on the following
page though.

Betting on Multiple Football Games

A lot of people like to bet on multiple games at once, as
this can provide the potential for big payouts. It’s not
something we particularly advise beginners to get involved with,
but it doesn’t hurt to understand the options available. The
main ones are as follows.

• Parlays
• Teasers
• Pleasers

Let’s take a quick look at what these are all about.

Parlays

A parlay basically combines several different wagers into
one. For example, a parlay could be made up of five point spread
wagers on five separate games. The payout for such a wager could
be very attractive, but only if ALL the wagers were correct.
Just one wrong pick would mean the whole wager failing. That’s
why these are considered quite risky. They’re a bit more complex
than the previous wagers mentioned, but we won’t go into any
more detail here. We do on the following page though.

Teasers & Pleasers

Teasers and pleasers are essentially types of parlays that
use modified point spreads or totals. With teasers, the spreads
or totals are moved in the bettor’s favor. With pleasers, they
are moved in the bookmaker’s favor. There’s plenty more to
explain about these wagers, which we do on the following pages.

Where to Place Your Football Bets

Now that you know about the different wagers you can place on
football, the next step is actually placing them. The question
you’re probably asking now is “how and where can I do this?”
There are a few options, which we list below, but please be
aware that not all of these are available in all parts of the
world.

• Casino Sportsbooks
• Bookmaking Shops
• Telephone Betting
• Online Sports Betting Sites

Casino Sportsbooks

Many casinos around the world contain a sportsbook. They
usually feature several big screen TVs showing any live sports
action currently taking place, and computerized odds boards
displaying all the latest odds. There are typically cashier
windows where you can place your wagers with a real person, but
some books have interactive machines instead. Either way, these
are great places to place some bets and watch the games at the
same time. The problem for Americans, though, is that they are
only legal in Nevada. There are plenty of sportsbooks in Las
Vegas casinos, but not in other parts of the country.

Bookmaking Shops

Bookmaking shops are mostly like sportsbooks, they’re just
not inside a casino. They also generally have lots of TVs
showing sports, and a counter where wagers are placed. These
shops can be found in many countries around the world, but
they’re not legal in the United States.

Telephone Betting

A lot of bookmakers offer telephone betting services, and
they are usually very straightforward to use. It’s a simple
matter of calling the relevant number, telling the operator you
reach which wagers you want to place, confirming the odds, and
then providing your credit card details. Some bookmakers take
other payment methods too, and some even offer credit lines to
select customers.

This is another option that’s not available to Americans. Not
legally at least, as the Federal Wire Act of 1961 made telephone
betting illegal. You might be getting disheartened by now if you
live in the US, and wondering exactly how you’re ever going to
place any wagers. Don’t worry though, as we have one more option
to tell you about.

Online Sports Betting Sites

Using an online sports betting site is far and away the best
way to bet on football, or any sport for that matter. It’s the
most convenient and accessible option, and there are several
other advantages too. Best of all, it’s legal in the United
States. There are some laws against online gambling in the US,
but these mostly apply to companies and individuals providing
gambling services. There’s no law that states it’s illegal to
use a gambling site of any kind, so Americans are at liberty to
place football bets online if they so choose. We’ve written the
following page explaining things in more detail for those
interested, or you can just keep reading for a quick guide to
getting started online.

Using Online Betting Sites

Using sports betting sites to bet on football online is
relatively straightforward. It’s super easy to open accounts at
most sites, and the majority of them are very user-friendly.
Finding and placing wagers generally takes no time at all, and
can be done from the comfort of your own home with just a
computer and internet access. You can even use most sites from a
smartphone or tablet these days.

Please make sure that you use the right sites though. Most
places are pretty good, but there are some that are best
avoided. It’s vital that you use a safe and trustworthy option,
and you also want to use somewhere that is suitable for
football. We suggest taking a look at the following sites.

Our Top Ranked Football Betting Sites:

Inplay Betting

Inplay betting IS the future of profitable betting on football. The sooner the punter comes to realise that and begins to hone their skills on this front, the sooner big money will be made by even the most amateur of football bettors. This guide needs to be read thoroughly to benefit from it. It will transform you from a casual weekend punter into a sharp minded individual that is making consistent profits from inplay betting on football.

Introduction

Before we get to the nitty gritty of inplay betting on football it needs to be said that what you are about to read is not a ‘100% guaranteed profit system’ of any kind. These simply do not exist. This guide, in the right hands, will help to give you an edge over the bookmakers.

You may of heard the expression ‘having an edge’ within betting circles previously. Having ‘an edge’ quite simply means that you are consistently able to stake bets that have a much better chance of winning than the odds imply. It’s all about finding the edge, and that’s what we’re going to explain to you.

The Downfalls of pre match betting

Many people continue to bet pre-match week in week out. You check a bit of recent form, maybe check head to head records and then consult the league table before putting your money down maybe even 24 hours before kick off. That’s fine.. But don’t you think the bookmakers have already done this?

Bookmakers employ skilled odds compilers that have all of these statistics and figures at their disposal. The odds you take (especially on elite leagues such as the Premier League, La Liga, Bundesliga, Serie A etc.) have been dissected over and over again by these odds compilers and it’s highly unlikely you’ve managed to get any value in your selection. This is all before a ball has even been kicked!

You can’t account for team selection, and quite simply put you are completely in the dark as to how the team you backed are going to perform. Too many hurdles to overcome for my liking. Let’s take it to the next step and teach the bookmakers a lesson.

Making Inplay betting profitable

First things first. Get yourself a 888sport account. I could yabber on all day as to why, but trust me here. 888sport are the best bookmakers for inplay betting by a country mile. They have the most choice, and by choice I mean MUCH more football matches inplay (where other bookmakers run scared) as well as live game stats (running ball) and thousands of live streamed games every year (watching a game that you plan to bet on is VERY important).

Which markets to bet on?

Everyone will have their own favourites here, whether it’s total goals, match odds (1 x 2), corners, cards or any other market. But I want to turn your attention to Asian Handicap betting.

Asian handicap betting is especially suited to inplay gambling. Each team is set a handicap for any given match (by odds compilers) and the draw isn’t a factor in Asian handicap betting. Let’s take a short look into this and become more familiar with it:

You can see from the image above that Manchester United -1.5 goals is priced at 2.025 (just above even money). Sunderland +1.5 goals is priced at 1.875.

If you back Manchester United -1.5 you require them to beat Sunderland by 2 goals or more to win your bet. If you back Sunderland +1.5 goals then you require them to lose by no more than 1 goal to win your bet. The question you have to ask yourself here is “Will Manchester United win by 2 goals or more?”. If yes then you may decide to bet on the -1.5 asian line. If no then you may decide to back the +1.5 asian line. But WAIT. We are betting inplay here.

For more information on Asian handicap betting please read our in depth guide. The above is just a very short example of this kind of bet.

The tools of the trade

Running Ball inplay stats

Inplay match stats will become your new best friend. The image to your right is what I’m referring to here. It’s known in the trade as ‘running ball’ or ‘rball’ for short. A running ball scout is employed to be at any given game of football from anywhere around the world armed with a pocket MDA (a handheld computer) to report real time match stats.

These stats are absolutely crucial when it comes to deciding whether there is a bet to be had or not. Get used to watching this feature on 888sport as it can give you a real feel for how a game is panning out. After a few hours learning how it works it will be a real asset to your decision making skills.

A little hint I strongly recommend is to take a screenshot of the rball statistics at half time. As they say football is a game of two halves, and if you have the half time screenshot you will be able to make calculations of how well the teams are performing in the second half.

Live Streams

Nothing can beat a live stream at your disposal. Having live pictures of a match gives you a real edge. I’m not talking Sky Sports here to watch Chelsea v Manchester United, I’m going a lot lower than that. As I mentioned before, bookies pretty much have the elite leagues covered and it’s very difficult to find an edge.

I’m advising you to concentrate your attention to more obscure games. Estonia, Lithuania, Romanian lower leagues, Iceland, youth internationals, women’s football.

As long as you have some funds in your 888sport account you are able to watch ANY live stream of any event. There is something to watch literally 24 hours a day.

Research

Sometimes you’ll bump into a real betting gem while just clicking through matches on 888sport and looking at the inplay match stats (rball). However, this isn’t an excuse not to put in any research before a game kicks off. I’m not suggesting making a bet before the game (after all this is an inplay betting guide) but being forewarned is being forearmed.

There is no greater feeling than when you have spotted a potentially great bet well before the match has kicked off, and once the game is inplay either the rball stats or live pictures back up your opinion. You then place your bet and are rewarded with a fantastic win.

When I say research, there are many avenues you can explore. The run of the mill sites like Soccerway, Soccerstats etc. which pretty much every gambler uses, and then you have the option of going off the beaten track a little bit. The internet has far more information available to you than you think…

Google translate should also be your best friend. Clicking on to a German Regionalliga clubs website and hitting the translate button to find that half of their regular team is out with a virus is goldust information.. The bookmakers won’t be aware of this and there is your betting edge. Finding this kind of information is almost a daily occurrence if you’re willing to put in a little bit of extra work. It really does pay dividends and you’ll feel great when you pull off your own little betting sting!

Inplay markets to concentrate on

How To Make Money On Live Betting

Asian handicap – This is where there is serious money to be made. Remember, scores are reset from the time that you place your bet. If a team you want to bet on are winning 2-0 and they are on a -0.5 Asian handicap then you would need them to win the game from the moment you put your bet on. Forget about the score being 2-0, it is 0-0 as far as you are concerned and you need your team to win from the remaining time left in the game.

This is why Asian handicap betting is so beneficial to inplay betting. If you notice a team starting to dominate a match from a position of 1-2 down, you can bet on them on the Asian handicap knowing that the score is reset to 0-0 from the moment you place your bet!

Next team to score – Again, a great market to bet on inplay. The home team may be 3-0 up and you may of noticed that the visitors are peppering their goal with shots in a bid to get back into the game. The home side seem content to sit on their lead. Now is a great time to strike on the next team to score market.

Draw no bet – Draw no bet is essentially the same as the 0 asian handicap in a pre match sense, but that’s as far as it goes. I like to use the draw no bet market where the stronger team (or at least the team that are performing better) somehow go a goal down against the run of play.

Provided the odds are stacked in your favour (value) this can be a great bet to get on when a team is dominating the game, yet losing at the time you want to bet. You would get your stake back if the game finished a draw, and a good win if your team managed to turn the game around and win.

How To Make Money On Live Football Betting Online

As mentioned before, this is the first of a few guides we’ll be putting together in the coming weeks/months. We plan to go into more depth within certain areas. If you have any questions or would like to give us some feedback please feel free to contact us on Twitter.