Football betting is the most popular type of sports book gambling and with plenty of coverage on TV throughout the season we all have access to the stats and pundits views on nearly every game. So why is it that so many people who bet on the outcome of football matches end up losing regularly throughout the season?
The answer is pretty simple they make the wrong selections or do the wrong type of bets. There can only be three outcomes of a match, win-lose-draw and we all like to think we know a bit about the game, so where does it all go wrong?
Poor Value Bets
If you’ve ever walked into a betting shop at the weekend to place your football bets you will be surrounded by large posters with “Offers” like “Newcastle to beat Wigan, Owen to be first goalscorer £100 return for a £10 stake.” Now you might think Newcastle will beat Wigan and because you know a bit about football you know Michael Owen is more than capable of knocking in a few goals, but the chances of both these things happening in the same game are pretty slender.
If the bookies thought it was such a great bet do you think they would be plastering it all over their walls so punters could back it? Of course not! It’s just a way for bookmakers to lure people in to get them to spend their money on a bet that will put money in their pockets nearly every time. It’s a poor value bet and one that should be ignored if you want to increase your chances of winning. Do yourself a favor and avoid them! UFA
If I had a pound for every time I’ve watched someone fill in a football coupon and pick nine or ten selections in an accumulator I’d be a millionaire. Not only is this a poor value bet it’s a sure fire way to lose your money.
It may be tempting for a lot of people to try and get the big win by picking an accumulator but the bookmakers love them. If you’ve placed a bet like this, how many times has one result let you down? More than once I suspect and that’s because the odds are heavily stacked against a bet like this coming up.
Many social bettors place their bets “For just a bit of fun and interest” and only place small stakes on their bets. But it’s a lot more fun when you’re winning and even if you are picking five, six or even seven or more selections you can increase your chance of winning by choosing multiple bets. While the odds on multiple bets still firmly lie with the bookmaker if you back in trebles or four timers you will at least have a chance of clearing your stake or making a little profit if your selections come up.
Our advice is stay clear of multiples if you can and bet on singles. A £5 single at 2/1 may only give you a £10 profit but surely that’s better than staking the same on eight results only to see one or two results let you down and ending up with nothing.
Because the Premier League has such a high profile and mass coverage the majority of football bets placed are on these matches. It can pay dividends to bet on matches from lower divisions especially if you study current form and take into account things like injuries to main strikers and defenders of the team sin lower divisions.
For instance say Bury are away to Morecambe and are both lying mid table. The odds compilers will normally make the home team slightly odds on to win in a case like this with the away side around odds of 7/4 or more. But what if Morecambe have their top striker out injured and are missing four regular players through suspension?