Are you ready to roll in money? More than 240 million people play soccer, and billions of others watch soccer games.
You can sit and watch the players run by, or you can start betting on soccer. You may be able to make thousands of dollars just from the outcome of one game. But you shouldn’t throw your money around just yet.
What do you need to do to be a great sports bettor? What kinds of bets should you make? How can you cut your losses?
Answer these questions and you can make the most out of soccer games. Here are five tips for making soccer bets.
1. Do Your Research
All professionals in sports betting spend time doing research. You should look into a few soccer games and think about factors like the betting odds.
Make sure you can read the betting odds correctly. -$110 means you must bet $110 in order to win $100. If you want to profit off of your bets, you need to look for odds with positive signs.
2. Consider Different Kinds of Bets
The easiest bets you can make are based on the outcomes of matches. But the final result of a game depends on many factors, some of which are out of your control.
You can instead bet on how many goals or assists a player will get or even how long a player will perform on the pitch. Talk to a bookie and see what kind of bet they will accept from you.
3. Cover the Point Spread
Point spread bets are based on who wins a match and how many goals they win by. A bet may require a team to win by two or more goals. If the team wins but does not cover the spread, you do not win your bet.
Point spread bets tend to be more lucrative than other kinds of bets. Consider what your risk tolerance is and mix some point spread bets into your wagers.
4. Practice Good Bankroll Management
Never gamble with more money than you can afford to lose. Many professional sports bettors will gamble with 10% of their bankroll at the most. Figure out a dollar amount you are not willing to exceed and remain well below that amount.
5. Make a Prop Bet
A prop bet is a side bet you make based on an unusual event that could happen during soccer matches. You can bet on whether a fan will run out onto the field or if a singer will miss a note in the national anthem. If you think you are going to lose your main bet, make a prop bet so you can earn a little money back.
Start Betting on Soccer
You should start betting on soccer, but you should get smart first. Do extensive research on sports websites and assess the different types of bets you can make. You can bet on a team’s performance and cover a point spread, or you can wager on a player’s performance.
Keep your bets small so you don’t blow through your bankroll. But when you are in a pinch, you can make a prop bet and regain some of your losses.
Sports betting is tricky, and you need the facts to be successful. Read informative sports betting guides by following our coverage.