Why You Need To Understand The Soccer Betting Industry Before Investing In It
Posted by admin on October 4th,2017View
Thanks to the internet, there are many online bookmakers than ever before and most wagers are left to choose from hundreds if not thousands of betting markets. This can be quite overwhelming, but today, we will make things simple by walking you through the most relevant betting markets.
The betting market generally has a winner in three easy ways; these are the home win, draw win, and the away win. Below, we will look at each of these wins separately as we try to understand how they work and what you can do as a wager to reap maximum profits with them;
Home – Draw – Away (1X2)
This is the most common and equally straightforward soccer betting and almost all new wagers use it to test the waters. The process involves the bookmaker offering the wager three different bets. The results here are a Home win, a Draw or an Away win. Depending with your prediction, you can easily make money here. It is also referred to as the Three-way bet.
Although the home-draw- away category is easy to use, a wager must correctly predict the outcome of a match so as to make a profit.
The most interesting thing about soccer betting is the use of different terms which mostly refer to the same thing. Have you encountered the phrase match odds and wondered what it was? Well, worry no more because match odds are the same as 1X2 betting or Home-Draw-Away betting.
Draw No Bet
Just like the name suggests, a Draw No bet refers to the final outcome of the game, but there is no option for the draw. This means that you can only place a bet on either team to win and if the final result is a draw, then the bookmaker returns your wager. IT is a much easier option for newbies considering there are only two possible outcomes. If you wish to use this in your betting, choose the teams with a history of drawing.
The only downside with this type of betting is the minimal odds that bookmakers give.
Over to you
In conclusion, we know that soccer betting is an interesting and easy way of making good money. We also know there are numerous risks involved, especially if a wager is just starting out. For a more comprehensive outlook, visit us at Topsportspicks and let us help you with all your soccer betting queries.
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