Football is the most popular sport in the world. It’s played by, watched by, and bet on by more people than any other sport. Winning money from football betting consistently requires some luck – and a lot of knowledge. Understanding the fundamentals of everything from free bets to football predictions is the first step to becoming a football Pro Tipster.
Most Popular Football Leagues for Betting
As with anything, the more popular a football league or competition is, the more likely it is to find different betting markets for fixtures within that competition, and the more likely odds will be favourable to entice a bettor to stake their money with a particular bookmaker.
The top ten richest top level football leagues in the world are currently:
- Premier League (England)
- Bundesliga (Germany)
- La Liga (Spain)
- Serie A (Italy)
- Ligue 1 (France)
- Campeanato Brasileiro (Brazil)
- Russian Premier League
- MLS (USA/Canada)
- J1 League (Japan)
- Super Lig (Turkey)
The Premier League, which boasts globally known teams such as Manchester United, Chelsea and Liverpool is comfortably the biggest league in the world. Football is such a big business in England that the second tier of football there – the Football League Championship – ranks as the eighth richest league in the world on its own.
Football in Germany has become increasingly popular on a global level thanks to the exploits of Bayern Munich and Borussia Dortmund in Europe while Real Madrid and FC Barcelona ensure the Spanish league remains one of the big three in Europe.
Finding Value in a Football Bet
To make money consistently from football betting requires an understanding of various principles. One of the most important distinctions is to understand the difference between “betting” and “gambling”.
Gambling implies a larger element of risk; relying on luck and gut instinct rather than knowledge and research to make money from bookmakers. While gamblers might make more money in the short term luck is a fickle thing and will run out sooner or later.
One of the first principles of betting is to understand the importance of “value”. Value is where a bettor or tipster believes that the chances of an outcome happening are greater than the odds being offered by a bookmaker.
A hypothetic example of value would be thus:
Manchester United 1.50
Crystal Palace 6.50
Imagine that you have done your research. You know Manchester United will be without their leading goalscorer and their best defender. You know that Crystal Palace need a win to avoid relegation and they have their star player returning to action after two games out suspended. You also know that Manchester United tend to slacken off and underperform when expected to win comfortably at home.
The mathematical chance of Crystal Palace winning the game according to the odds are 15.4%. However, because of the circumstances involved you’ve come to the conclusion that they are maybe 20% – 25% likely to win the game. That means the odds against a Palace victory of 6.50 are too high and that bet represents value.
To win money consistently betting, it’s important to never back a bet that does not represent value; and equally, it’s important to do research to get an accurate idea of what the odds should be for the game.
Knowledge and Football Betting
One of the biggest differences between a gambler and a bettor is the knowledge behind a bet that has been placed. A bettor looking to consistently win will have developed knowledge in their chosen field, and will continually research to build a better understanding of the variables that affect games.
For someone just starting out, it’s important to start with what is already known. If you watch Premier League football week in, week out it makes sense to start with betting on Premier League games than Campeanato Brasileiro fixtures, for example. Most regular fans of a football league will have a good basis of knowledge to work from but it’s important to maintain and build that knowledge by watching games and reading reports, news and the like.
In fact, learning from past mistakes is absolutely crucial to becoming a successful bettor or tipster. The best tipsters and punters will have built a record of what they have gambled on in the past and how it performed so that they can understand what they were best at and where their blind spots were so that they can work out what they need to learn more about to improve their record. This isn’t just about fixtures bet on but understanding which markets perform best for them; maybe they can’t pick a winning team but they have an unerring knack for knowing how many goals will be scored.
Records are also good to help manage money spent on betting. There is an old adage about not gambling more than one can afford to lose and it’s absolutely true; furthermore one easy way to kill any chances of winning money from betting is to chase losses and to lose control of stake management.
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