Among all the global leagues, the English Premier League predictions are one of the most popular match predictions available among sports fans or punters. Football predictions, aka football odds, are match forecasts by sportsbooks based on the previous data that they have on the teams or matches. These predictions allow punters to decide on how to place their bets.
Betting on the English Premier league means that predictions of all matches are easily available; however, that would also mean that it can be difficult to decide on which bets to place. To help punters successfully place bets, here are two main tips to effectively read these predictions.
Understand the concept of odds
Gambling, in general, is built on the concept of predicting the odds of a game. In sports, the odds can inform punters whether a team is likely to win or not, as well as the possible amount likely to be won.
In football predictions, the team with high odds is considered ‘favourites’, while the team with low odds is the ‘underdog’. It’s common sense to bet on the team that is more likely to win, however, in terms of payout, the team with the lower odds has a higher return than the other. Considering this factor helps punters weigh in on which side to bet, especially if one is aiming for a higher return.
For beginner punters, knowing how to read the odds and understanding what it means will allow punters to make well-informed bets.
Know how to read football odds
After understanding the concept of odds, it’s time to apply that understanding to the different types of football bets.
Due to its simplicity, moneyline betting is popular because punters would only need to choose which team will win. When reading match predictions, favourites are listed with a minus sign, while underdogs have a plus sign
In football betting, moneyline bets are usually tied to point spreads. This means that a match with a large point spread usually has a large moneyline as well. Though it’s two different types of bets, moneyline and point spread are often shown together by sportsbooks.
Point spread betting is also a popular type of football bet but is a bit more detailed than moneyline bets. Sportsbooks release the point spreads of each team in a match, and the team that wins after the point spread is deducted or added to the final points will win the bet.
For example, in a match between West Ham and Wolverhampton, the point spread is +3.3 and -3.3, respectively, and the winning team is Wolverhampton. Punters who bet on Wolverhampton would need to deduct 3.3 to the final score to see if the final score is higher or lower than West Ham’s final score plus the 3.3. If the Wolves still score higher than West Ham, then those who bet on the Wolves win. Otherwise, those who bet on
West Ham win.
Also known as totals betting, over/under bets wager on the total number of goals scored in a match. Sportsbooks set the number before the match and punters bet whether the total score is over or under the set score. If a set score for a certain match is 5 and you bet ‘over’, that means the total goals in the match should result in five or more for you to win, and vice versa.
Overall, understanding how odds and different football bets work will help sports fans and punters on how to strategise, better read predictions, and make well-informed bets.