A Guide To Informed Football Betting
Football is one of the most popular sports in the world; for reference, FIFA has claimed that around 1.5 billion people watched the 2022 World Cup final live on television, with an extra 88,966 people travelling to Qatar to watch the final in the Lusail Stadium. With so many fans, it’s no surprise that football betting is also incredibly popular, even being one of the most common ways people bet. However, due to football’s popularity, many people place football bets without being fully informed.
In this article, we are going to go over how to be fully informed about football when betting on the sport. Whether you’re a betting pro or a newcomer, this article will dive into how you can learn more about the game to improve your theoretical chances of placing more successful bets while also giving you some basic betting tips. A lot of these tips are also translatable to other sports, so even if football isn’t your preferred sport, make sure to read on to find out more.
Set Realistic Expectations
Before we get into how to be more informed about the sport, first, you must understand some basic perspective tips in order to be more at betting in general. Firstly, you should always make sure to set realistic expectations. Betting is a game of chance, therefore, do not go into sports betting with the idea that you will win all your bets. By setting realistic expectations, you also allow yourself to make more rational bets.
Manage Your Bankroll
Another important tip for any form of gambling is bankroll management. Bankroll management is essential for any form of betting as it ensures that you do not run out of money too quickly and also prevents irresponsible gambling practices. An effective bankroll management strategy includes:
- Setting a budget: Setting a budget is very important as it determines how much you can spend for a session, week, or month. A budget ensures you do not spend any money you can’t afford to lose.
- Dividing Your Bankroll: Then you should determine what percentage of your stake you will use per bet.
- Set Limits: This goes hand in hand with your budget and ensures you don’t overspend and end in financial difficulties.
- Cash Out Often: A common mistake players often make is reinvesting their winnings once their budget runs out or adding their winnings to their budget so that their bankroll lasts longer. We recommend chasing out often and keeping your profit separate. If you do not, it could lead to you losing more money in the long run.
Check Statistics
To make informed bets, you need to understand the sport you are going to bet on. If you are a fan of football, you likely already know the rules and basics of the sport, such as which teams are good and which teams are not. However, in order to be successful at betting, you need to understand more than the basics. One thing you should research is statistics about each team and player. Statistics could include average shots, XG, possession, corners, free kicks, fouls, cards, and more. This can very simply and quickly help you place more informed bets. For example, if a team averages 5 corners a game, then you could place a bet predicting them to get more than 3.5. If two teams are playing each other and one has high possession on average and the other has high fouls on average, then you could predict the amount of free kicks or cards for certain players. If a team produces a high xG, then you could predict them to score more than 1.5 goals and much more.
Stay Up To Date With Football News
Staying up to date with football news can also be very helpful. The news you should consider reading up on include the team’s transfers, injuries, and form. These should be used together with the data. For example, a team with low possession may look like the underdogs until you realise they are dominating the league with their counter-attacking football. Another example would be that a team could have a high XG, but if all their strikers are injured, they could be less likely to score.
Follow Football Content
Following football content such as podcasts, YouTube channels, and betting tipsters can also be very useful. Football content can be a fun way to stay up to date with the latest news, while betting accounts can provide good value betting opportunities as well as keep you up to date with odds and much more.
Don’t Bet With Your Heart
Finally, if you are a football fan, you will likely have a favourite team. It’s important to leave this team out of your bets when possible, as you could be biassed when making selections. If your team is in good form, you may get carried away and bet them to win without looking at the necessary information.
Summary
We hope this article has been informative in giving you tips and tricks on how to stay informed when partaking in football betting. Use these tips to make more informed bets while also remembering to always gamble responsibly and never chase losses.