5 Most Popular Football Betting Types
Football is the most popular sport in the world, played by over 250 million players in over 200 countries and dependencies, and as such it is also one of the most popular sports for betting enthusiasts.
Thanks to the range of sports betting sites available to choose from, punters can place wagers on their favourite teams or tournaments from just about anywhere in the world and there is a wide range of betting types available to choose from.
Now is the perfect time to get started with football betting thanks to the upcoming 2018 FIFA World Cup, set to take place in Russia, and we’ve got you covered if you’re unfamiliar with the different types of bets available to choose from.
A money line wager on football generally offers odds on 3 different outcomes: one for each team to win and another on the match to end in a draw. Most money line wagers only cover the 90 minutes plus injury time of regulation play, and overtime and penalties are generally not included.
Depending on the discrepancy of ability between the 2 teams, money line odds can vary from evenly matched on both sides to heavy favourites and severe underdogs.
Over / Under
Bookmakers set a total number of goals for every football match and punters are able to bet on whether the total number of goals scored between the 2 teams will be over or under the total set by the bookmakers.
Over / under wagers are particularly popular with FIFA World Cup betting. The total is usually set fairly low owing to the low-scoring nature of football and while 2.5 is the most common over / under score in football, the total could vary from 2-3.5. Punters can find great value on over / under wagers by finding matches featuring 2 teams that have a similar playing style.
Point spread betting is an alternative to the 3-way betting offered on the money line and most football matches offer a point spread bet with a favoured-to-win team at -0.5 and the underdog at +0.5 which gives punters a chance to eliminate the draw from the odds.
Punters who choose to wager on the underdog pay a bit more on the vig, but their wagers will be successful if their team wins or plays to a draw.
A football parlay is a bet in which a punter selects 2 or more soccer sides and wins only if every side selected wins.
The advantage to football parlay betting is that if every selected side wins, the payout is much greater than it would be if each side is bet on individually. As such, parlays are particularly popular when dealing with heavily favoured teams.
Proposition, or prop, bets offers a wide variety of wagers on players and happening throughout the match. Punters are able to bet on everything from exact final scores, which team or player will score the first or last goal, or which team won’t manage to score at all.
As prop bets are so difficult to predict correctly, the odds on offer are generally lucrative, especially on exact final score wagers.