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Football continues to be one of the most popular sports betting events. With several matches taking place annually, there’s an endless amount of betting opportunities for punters worldwide. 

With such a large betting market that only grows by the day, bettors like you need to ensure you have the proper information to make the right moves and maximise your bets. 

In this betting guide, Bitsler shares everything you need to know, from finding the best deals to understanding betting odds so you can make the most out of your football betting experience.

Types of football bets: How do odds work in football?

If you’re new to football betting, you’ll find that there are many possibilities when it comes to trying your luck and predicting the events of a football match. From betting on the game's results to the number of goals a team will score, football betting is a versatile market that offers many opportunities to win money. 

Moneyline bets

This is the simplest bet you can make for football betting. With Moneyline bets, you only have to predict who you think will win the game. If your team wins the game, you win the bet. 

You can easily make informed decisions for your bets by looking up information such as a team’s match history or player statistics. This information is readily available online and can help you predict the game's outcome based on their past performance. 

Point spread bets

Point spread bets introduce another layer of betting. Instead of just predicting the winners of a certain match, you will now also take into account the margin of victory. Aside from predicting the game’s winner, you have to bet on how many goals they’ve won. These bets typically have better odds for the favourite team than Moneyline bets.

Point spread bets are a bit harder to predict than Moneyline bets since you’re considering scores between the two teams. It would help to look at the team’s overall performance in previous matches and see how well they perform against particular teams.

Over/under bets

Also known as a game totals bet, the over/under bet is a unique form of sports betting. Instead of betting on which team wins, you’re wagering on the overall points scored throughout the match. Your bet is made regardless of who wins the game or how close the scores are.

It can be tricky for some punters to figure out whether to bet over or under because many anticipate an action-packed game. You can typically expect the scores by judging a team’s ability to score points based on their attack or defence.

Prop bets

Also known as a proposition bet, these are side wagers you can make that may or may not be relevant to the outcome of the game. This is a fun way to make sports betting a bit more interesting by betting on different aspects of the game. These can range from your team's overall performance to specific players' individual accomplishments.

Prop bets have risen in popularity among sportsbooks because you can make parlay bets, which is when you can combine multiple bets at a time for a chance to win a bigger prize in return.

Top football betting systems to know

To help you make the most out of your bets, having and following a football betting strategy is crucial. While betting, you can use betting systems to ensure you can maximise profits and reduce losses. Check them out below:

Martingale system

The Martingale system is a popular negative progression sports betting system that dictates the size of your bets for each match you bet on. It follows a simple concept: all you have to do is increase your bet by one unit after every loss. To make a profit using this system, you just need one win to wipe out your previous losses and come out on the positive.

To start the Martingale system, you just have to bet a predetermined amount according to your bankroll. If you win, you can make another wager. But if you lose a bet, you will increase your bet by that predetermined amount. Repeat this process until you win again.

Fibonacci system

The Fibonacci system is another popular betting system designed especially for sports betting. Unlike the Martingale system that adds to your bets after every loss, this system revolves around a sequence of numbers that dictates the amount of your next bet. This is another betting strategy that wins back previous losses to ensure profits.

The Fibonacci system follows a sequence that looks like this: 0, 1, 1, 2, 3, 5, etc.

In this example, you would add the last two numbers to dictate your bet (8). If you lose your bet, add 8 to the sequence. Your next bet would then be the new total of the last two numbers of the sequence. As you win your bets, you remove the last numbers and proceed as normal.

Labouchere system

The Labouchere system is another betting strategy designed for sports betting that relies on a number sequence, similar to the Fibonacci system. Here, you start with a number sequence according to your preference. Unlike the previous two systems, profiting with the Labouchere system relies on the number of wins you get.

Let’s say your sequence is the following: 1, 2, 3.

In this example, the potential profits you can get are equal to the total of your sequence. To begin betting, you must bet the sum of the first and last numbers. If you win your bet, you can cross out those numbers and go down the middle until you run out of numbers.

Understanding odds and probabilities in football betting

With sports betting, it’s important to understand the difference between the formats of betting odds and probabilities. Each one has its specific set of guidelines for betting and payouts. If you want to make the most out of betting on the platform, knowing the difference between each will help you.

Decimal odds

Also known as European odds, decimal odds are shown as a decimal number, representing the total amount you would win on a US$1 bet. For example, if the odds were listed at 6 and you won your bet, you would receive a profit of US$4, plus your original wager of US$1. 

To calculate your potential winnings, you simply multiply your wager and the decimal. If you’re betting US$100 with odds of 3.00, your potential payout would be US$300, resulting in a profit of US$200 and getting back your US$100.

Fractional odds

Also known as Traditional odds, Fractional odds is a popular betting format among British punters and is represented by a fraction. For example, if you have a listing of 5/1 odds, that means you would win US$5 for every US$1 you bet—this is simply a ratio of the profit to your initial bet.

Winning a bet with 5/1 odds means you will receive a payout of US$6 since you win back your initial wager on top of the profit amount. This means that if you make a US$100 bet on the same odds, you would win US$600 total.

Moneyline odds

Also known as American odds, numbers represent these with a positive or negative sign. The signs signify the underdogs and favourites, respectively. Betting for the favourite, the numbers themselves are the amount you need to bet to win US$100. When you bet for the underdogs, the number indicates the amount you would win for every US$100 bet.

In both cases, you would get back your initial bets and the amount you won. The margin between the two numbers becomes wider as the probability of the favourites winning increases.

Football leagues to bet on at Bitsler

At Bitsler, we give our punters an endless amount of opportunities to place bets and win big thanks to the different football leagues you can bet on. Not only do we have some of the most competitive odds on the market, but you can also bet on your favourite competitions and matches worldwide.

Check out the football leagues you’ll find at Bitsler:

English Premier League

The English Premier League (EPL) is one of the most anticipated football leagues. Fans worldwide are well-treated for high-action and competitive football from the most skilled players across England and Wales. It’s a league rich in history, with millions of fans tuning in to watch football at its best.

UEFA Champions League

The UEFA Champions League showcases the skills and talents of the best teams from all over Europe’s domestic leagues. Fans can expect to see their favourite teams battle it out against each other through qualifying rounds, vying for the top spot. 

Major League Soccer

American fans can cheer for and place wagers on their favourite teams hailing from the United States and Canada. Major League Soccer (MLS) has built up prestige in its own right as it features the best football players from North America and has experienced major expansion and developments over the years, which fans can look forward to.

Football betting strategies you need to try

When you’re out there enjoying your matches and winning your bets, you must remember to stay responsible and keep yourself from losing all your hard-earned cash. Bitsler shares a few fool-proof football betting tips and strategies to make sure that doesn’t happen:

Allocate a budget

Everything is done in moderation to preserve your safety and enjoyment. You can make the first step by allocating a predetermined amount you can spend and bet every time you visit our platform. 

Set boundaries

When it comes to any form of gambling, discipline is one of the most important tips you need to learn. If you find yourself on a losing streak, you need proper awareness to take a step back and call it a day.

Do your research before you make a bet

If you’ve only started getting into the sports betting scene, you have to do your research to be familiar with the league, teams, and players. This way, you can make informed decisions whenever you make a bet, and you can place your money on the team with the best odds of winning.

How to bet on football at Bitsler

Come and join the best sportsbook in the world, and start your journey with us today! Create your one Bitsler account by following the step-by-step guide below:

  1. Click on the ‘Register’ button in the top right corner of the screen.
  2. Fill out the necessary details on the pop-up window and click on ‘Register’ to finalise your account.
  3. Click on your profile in the upper right corner to access your wallet, where you can deposit your crypto.
  4. Visit the football betting page, where you can start betting on your favourite teams.

Score your own goals when you bet at Bitsler!

If you want to place bets on the world’s best football teams, Bitsler is the best place to be. We make sure that our players receive the finest sports betting experience thanks to our top-notch customer service and massive platform for betting. We make sure that we provide you with a space where you can place bets to your heart’s desire.

Don’t waste this opportunity, and sign up today at Bitsler, where you can have the best football betting experience.

Frequently asked questions

Where can I bet on football online?

Bitsler is the best online sportsbook for betting on football leagues. We offer tons of leagues and the best odds for our punters to ensure you have a safe and fun experience.

How to bet on football?

By visiting our platform, properly funding your account wallet, and choosing your favourite leagues, you can get started on your football betting journey with just a click of a button.

How do you know the odds in football betting?

When you visit our football betting page, you will be greeted by our listings, where you can see our online football betting odds for each ongoing and upcoming match.

How do betting odds work in football?

There are three main football betting odds you might encounter which are moneyline odds, decimal odds, and fractional odds. Each one has a specific guideline it follows, but it essentially tells you the same thing: how much you will win per bet and what the potential profits are like.

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